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I am a betting man, I like the odds in that argument.
GLTA
So, are we expecting a settlement announcement tomorrow?
After hours volume?
Is it really 4,840,511 ?
I might be imagining things, but is anybody else seeing an inverted head and shoulders pattern forming since the beginning of the year? To sound even more crazy, I'll predict $5 within two months based on that. Ha!
The suspense is killing me!
Wonderful. This might be the kick we need to get out of the consolidation period.
this is awesome Denny! Thank you very much for the summary and highlighting the key points.
This is not an investment advise for anybody and my take on the question is why sell when the probability of reward/risk is the highest. Anybody who is in this stock endured tremendous ups and downs and, in my opinion, this is the time to stay in the game and collect the gold coins.
GLTA
Denny, All,
Has there been any discussion at the stockholders' meeting on approval for writing new business or up-listing in stock exchange? Do you see any barriers to those going forward?
Thank you very much
Awesome update Denny. It's great to have you back!
Gentlemen,
Any update from the shareholders meeting?
Thx
That sure was entertaining...
Bought more. Great sale.
As always, wise words Denny. We have been at this sort of situation before. Won't get fooled again.
Way oversold...
The last time RSI was at 30's, we shot up like a rocket.
May I suggest that you kindly correct the record and move on if you believe there is misunderstanding. Denny has so much credibility on this board. There is no reason for your accusations. We are all here to learn. Let's get back to that mindset.
I second that. Thank you very much for everything you have done Denny.
Thank you. I learned something today about "short selling against the box". There had been about 800,000 steady shares short for a long time, even when shares were below $1. Hence, while it is certainly a possibility, a rational investor would close that short by now. They would have benefited from the big drop in prices we have seen, say in 20 cents times, and still keep their longs for future gains. I guess you are right that the next reporting is the key.
Thanks
You know the number of shorts has not changed appreciably as far as I can remember, at least couple years. Pretty weird given the volatility of this stock.
Fascinating. Thank you Denny for the research.
Thanks Irish. It sounds very reasonable. Do you think by then market may reward a higher multiple also? $10 may be quite conservative, do you concur?
Yes, you did. Well done! Cheers and Happy New Year.
Hah! Great find...
Among many other nonsense he contributed to over the years. His strategy is to pretend at certain times to be one of the shareholders and slowly try to erode confidence of others by injecting doubts without any data. So, best to ignore him. He is definitely not my Syncora expert. Luckily, there are great people here with amazing knowledge on the topic.
GLTA
Awesome!!!
This is new, right?
On August 8, 2017, management, with Board of Directors approval, committed to a formal plan to sell American Roads LLC which owns a number of subsidiaries that ultimately own and operate certain toll road facilities located in the United States and Canada
That what I did as well based on Denny's recommendation
Look at the monthly 2-year chart. Do I see a bull flag?
Okay then. I'll just sell mine now. Thank you for a very convincing argument.
Lots of catalysts to come... Exciting.
statement posted on the website...
Last year, they had high confidence as a going concern up to the end of 2017, I believe. Now, that question is irrelevant.
For me:
Page 17
D. Going Concern
Not applicable.
READY, SET, ....
Hi Iris,
Any guess as to how much all this land could be worth today?
Thanks
I tried to post short interest data couple of times and I failed. Anyway, you can check it out yourself; there is no short covering (still ~880K shares) up to Jan 31st. So, there is still a lot more gasoline in the can to pour into the fire.
They have to pay to pass the toll road. Pun intended!
Let me decipher what you mean SNOWMAN:
It is range bound for the next six months --> sell your shares to me
Compensation package is unknown --> sell your shares to me
That darn MTA --> sell your shares to me
Those darn lawyers --> sell your shares to me
Market will go down --> sell your shares to me
I'm out --> sell your shares to me
I'm in --> sell your shares to me
I'll wait till it drops to 20 cents --> sell your shares to me
I'll wait till it drops to $1.0 --> sell your shares to me
I'll wait till it drops to $1.5 --> sell your shares to me
Kudos to you Guys reading that document and distilling it for us. What a team!