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Any revenue yet?
Quintupled position over last week. Golden cross, symmetrical triangle pointing up. Looking to dump on latecomers 50%+ higher.
GLTA.
In like Flynn. Used some bioprofits taken last week to buy a healthy chunk here.
GLTA.
Could it be...13's close? Been waiting forever to rebuy this stock.
GLTA.
Any revenue yet?
Come to poppa.
Placed GTC60 order for a bunch at $0.10.
Took quick double-up on trading shares, yawn. Will be fun to see if they survive and actually get to the massive reverse split and uplist phase. Starting to think there's some fire below the smoke.
GLTA.
Yeah oversold but can remain that way for long time. More interesting indicator during price apocalypse like this is seeing blocks trade as possible inflection point.
Again, just a lottery ticket here so if it goes back to .06 not big deal to me. Definitely different perspective for LT investors so I don't want to offend anyone.
GLTA.
RSI<25 and blocks. Replacing all the shares I sold in 40's. Free lottery ticket.
GLTA.
No. Got pretty close to the 2-3 cent range but never quite made it. So filled at .06 and still holding half.
GLTA.
Sold another quarter. Will rebuy around the 50dma or lower.
Lol no, you guys were right. Got most of it when there was a ton available at .06. Couldn't resist a cheap lotto ticket ;)
Still don't know how many shares are really out there, or what restructuring all those gruesome arrangements in the 10-K will entail. Then there's the (hopefully non-toxic) financing they'll need to do in the next year. Could get very messy before they ever get to uplisting.
GLTA.
Out one third, free shares now.
Any revenue yet? TIA.
Well, it's an illiquid pink sheet stock with zero revenue and no transparency. It's impossible to really know anything based on the price action.
You won't know the bus is coming until after it's turned you into a puddle of meat. Or you got on it and rode it into the sunset with the big boys. Either way small investors are simply barnacles on a whale.
Personally, I'm not getting on the bus until the 1.0-1.5 cent pps range. Getting closer but not really interested yet. GLTA.
Janice, great point, greed is a powerful motivator but it has consequences.
For example, it's probably what drove Hunter Adams (founder of thestreetsweeper.org), to participate in securities fraud with the Gambino family. And after he spent time in jail for the crime, it would be interesting to know if he really thought it was worth it. Hard to tell.
http://pastebin.com/KgTiUtm4
Pure speculation but wonder if bitc is some reverse merger play on bitcoin? Bought some of this super cheap last year for that type of scenario. Interesting to see if it plays out.
When it gets to the 1.5 cent range I'll be loading the boat. Looks like that's a couple months away though.
GLTA.
Welcome back Free. Assuming you want to restart your position in QTMM, what price level are you looking to re-buy at? If you don't mind me asking of course.
Anyone have a link to the 10-K? It was supposed to be released by today. TIA.
You're correct that my analysis may be off but it's hard to pin down the math since the company has no product revenue at all. Meaning all fair value calculations need to be made solely based on equity issuance. It simplifies in one way wrt cash flow but makes it much tougher given that the filings are littered with discrete share payouts. It's probably due to my inexperience since I've never worked with a financial structure that is in this bad of shape.
In a nutshell, my last calculation showed an average, absolute minimum of 3m shares/month burn rate as ramping increases into the 2015 Rice date that was recently revealed. But that assumes that the Nov 4 convertible date is extended once again.
If you don't mind sharing, at what point does your model show 100% dilution from 4Q 2012? That would greatly help me find my mistake, thanks.
Curious what you mean by "misrepresentation"? What numbers and info in that article didn't match the 3/30 filing? Maybe I missed something.
A few thoughts:
Looking forward to Sept 30 to see if they're able to release the filing on time. Will be interesting to see how much revenue they derived from the Asian mfgr shipment.
From the stock perspective, I'm curious if they've been diluting at the same quarterly rate. It was 35.7% in the first quarter of 2013 (112m->153m O/S). With the recent increase to 400 million auth, wondering if that signals the rate of dilution will accelerate over the next 9 months, and if so, what the extrapolated amount will be in Jan 2014.
Depending on that analysis I may reset my buy level back down to the 1-2 cent range instead of 2-3 cents (assuming no meaningful revenue shows up, that would change everything).
Jmho, GLTA.
Well said. And whether that article existed or not, anyone investing without reading the latest 10-Q/K is almost always going to take a loss. Otherwise it's just luck or purely based on a technical trading position.
The article in question simply summarized the 10-Q. The company does indeed need cash badly. In the absence of revenue, it will most likely dilute the existing shareholders very heavily. Shares are currency for extremely high-risk penny stocks like this one, that's business as usual.
Pretty much all there is to it.
Right on the money. Just about every penny stock follows that script. The ones that become real revenue generating businesses is vanishingly small.
Bottom line is penny stocks are for trading, not investing.
Putting ticker back on my screen. Next 10K/Q will show exactly how much they charged for that sample shipment, since there is no other revenue. Then model how much per gram they can charge for future samples for other OEMs/bio co's and extrapolate COGS.
First revenue data point, it's a start. Congrats.
CTO leaving changes everything so forget what I wrote yesterday about buying lower. Taking this ticker off my screen.
Signing off, GLTA.
If there's a willing seller behind the offer for that amount it wouldn't be hard at all. Price wouldn't budge a bit. Market maker gets the spread and everyone's happy. But as retailers we'll never know for sure how much is behind that best offer (or bid for that matter).
Bottom line is I'll pay up even if it's 25-50 cents per share if there's revenue growth behind it. Until then the price is accurately reflecting risk, it's a function of outstanding shares, burn rate and guessing at the time until the first real revenue hits.
Buying shares here means you think that function is positively biased. I don't have any way to evaluate it without pure guesswork. So I'll wait until the pps is low enough to offset the high risk. That's what makes a market.
GLTA.
PPS getting closer to my buy range. Still a ways to go though.
Been thinking about quantum dot terminology after reading some other co's 10Qs and related articles.
Don't like the term "QDLED", "QLED" is much more natural.
Same with "QDTV", should be "QLED TV" because that's exactly what it will be. Whether the LCD backlights are LED emitters modified/enhanced with quantum dots, or via purely emissive displays down the road.
"QDEF" is just annoying imho.
Back to work. Carry on.
LOL, no.
Btw, any revenue yet?
Or conclusion #3, lower pps due to further dilution warrants patience, and bidding accordingly. Not specific to QTMM, just a rule of thumb for penny stocks with horrible financials, always expect massive dilution at much lower pps. As a retailer, waiting to see what the smart money does and waiting for a trend to establish is usually the most prudent strategy.
As a corollary, you guys have fallen in love with a stock. Tsk tsk.
Btw, very encouraging abstract of the outlook for QDs (QTMM is apparently mentioned somewhere in it, I don't have access to the text). Saw it posted earlier in the forum, reposting in case anyone missed it:
http://www.prnewswire.com/news-releases/quantum-dot-and-quantum-dot-display-qled-market-shares-strategies-and-forecasts-worldwide-nanotechnology-2013-to-2019-212987981.html
Good luck all. Will check in next q.
Any revenue yet? TIA.
Any revenue yet?
You forgot to put me in the list. Btw, any revenue yet?
Going out 2 years there's no dcf to calculate (i.e. no rev model because there is no market yet). So simply burn rate at a wag of $500k/qtr to get to a marketable product. Figure negligible rev over that period (sample quantities), add in dev costs, minimal COGS, salary+burden, royalties, fees, marketing, gen overhead, etc. Of course that assumes favorable terms for a company still very much in discovery phase. Modeling equity at a max of 50% to market seems fair value in my mind. JMO.
GLTA, be back next year.
Very nice projections, definitely positive for QTMM. Five years appears to be about right for any significant revenue generation.
Still looking for $0.015-$0.02 but will definitely load up around $0.005-$0.007 if financing expectations are higher than expected.
GLTA.
Do you walk up to the Walmart checkout with $10 in groceries then offer to pay $20 for them? No, of course not.
GLTA.