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Ok. Let’s keep’er going the right direction.
Cheers. Some action is better than none. Time to get a bit more skin in the game.
It took about an hour but I was able to get 100 @ $8 thru Ameritrade and it shows today’s volume @425 shares traded.
Ok. Thanks for the advice.
Confucius say....Lopsided optimism sets itself up for massive disappointment.
Viable with cautious optimism. I like it. I am tuned in and did put in an order for 100 more shares simply for the fun of it at this point. Why the hell not. I’ve played biotech heavily in the past. How much more of a crap shoot could this be. FDA rulings. Litigation and Court rulings. It’s all in the hands of the powers that be.
Looking to hold 3k shares thru this is sheer madness. The events happening are certainly real. The outcome is pure speculation. Best of luck.
It all looks good on paper. It’s about time the stock reacts in kind.
The next chapter in a book of a million pages. Man it’s been a long road. Give us something....anything.
Blind optimism is as ignorant as reckless bashing. Skepticism has a place here. Opinions will change as the storyline progresses. Facts and knowledge will create sentiment. This could go 100 different ways, that’s all I’ve ever said.
Calling someone names for having a variance of opinion or looking at this thru a different lens, makes that someone a pigheaded bully.
Shareholders willing to sell at $8, when the peanut gallery is saying that SECI is going to be trading at $100, $300, $1000, in a few short months, is telling. Let’s get real here. I don’t care how bad you need the money, no one, I repeat, no one would give that opportunity up after waiting so long for this episode to come near fruition. Irrational exuberance is just that. Be happy. Have fun. Good luck to everyone. Seriously.
Cheers to that!!
He’s been calling for a retreat to 5 and a reverse split for over a year now. He simply raises his target bottom as the stock goes up so he can eventually be right. Kind of like flipping a coin until it’s heads, then saying I told you it would be heads!
Trust me, there are both sides of that coin on this board. Also heard jnug is going to go parabolic countless times as well as it continued to sink into the abyss.
Blind and mindless projections to stimulate one’s own ego I suppose.
This is also true, although I doubt Pericles would publicly come out and say I’m taking 200 million for for CEO compensation and hardship.
However, majority shareholders could very easily vote in executive monetary distributions and compensations, and justify this thru loss of income and hardships as well. There are so many ways the award could get gobbled up.
If indeed a huge settlement comes in, the cash will be decimated before it hits the books. But once what is left does hit the books, the company’s valuation should be and probably would be looked at by the street as a forward looking heavily cash infused new start-up with a very healthy balance sheet, which would bring a much higher share price should there not be any form of dilution or share issue.
I’m not a hater....just a realist.
And btw I majored in calculus and became a software engineer so math isn’t an issue. Accounting 101 will determine the valuation. Not what if they get a 1 billion, 50 billion, or 100 million. The float is silly low which makes this so interesting. It will be entertaining but this is not a big holding for me, so again I’m not waving poms poms until I see the money.
I guess we’ll see what kind of valuation is put on the company once the settlement comes in. Many variables. I’m certainly tuning in. It’s a unique story.
You’re right. I’m simply glass half empty. Time will tell. Optimism over flowing is all. A lot to digest in the upcoming months. Ameritrade shows 187 shares traded Friday. Some on this board alone said they bought more than that at $8. Can’t believe everything you read here is all. Remember valuation will create the stock the price once all the dust settles. You still need buyers of a gray stock to make a security with something. If you really think there will be buyers at $1500 a share, I’ve got a bridge for sale.
My 50 shares is a lotto ticket pure and simple. I’m cool either way.
That must have just happened as I checked institutional ownership Thursday and it showed the same as always at .625% or something like that. I just checked my account again after reading your message and it shows just over 3%. That is good news. More will come I’m sure. We need them for strength and volume sustainability. Could 2019 be our year?
This has turned into kind of a weird little near-sighted pow wow. How about wait until there is an actual settlement before you call out an adversary. Ying and yang is good for any argument. This could go so many directions. If SECI gets hundreds of millions or even a few billion dollars, it won’t turn into instant equivalent shareholder value. I’m sure the SP will react, but the company is in peril and their stock is trading on the greys. Attorneys, taxes, and other extenuating costs will be major. A large cash infusion will only reset the balance sheet and open up all kinds of possibilities as to how it will be infused and/or expended. It’s not like they are going to say here you go shareholders, this is your share of settlement. It doesn’t work that way unless it’s a class action suit by the shareholders. The money will go to company use and could be distributed so many ways internally.
After all this hype, so many thought Friday would reveal a much higher share price, yet nothing really. The upcoming PR I’m sure will get some attention, but again she trades on the greys, so who will really react and pay upwards of $100 a share? I doubt no one. Until the money is in the bank and a real prospectus and valuation is garnered, I wouldn’t think these extreme expectations will come to fruition. I hope my 50 shares turn into 50 grand but I’m not betting my kid’s college fund on it. I hope I’m wrong but I’m simply be realistic here.
I respect you’re commitment. You’re a good trader which is why I check in. Glad I held most. Dumped the 3k under $7 so magnified the loss. Wish I had held those too. GLTY as well. Some wind in this sail.
I know. It was a joke. Lighten up. Just trying to find a little humor in a timely situation that you are pulling out of nicely. I’ve been sitting on 7k of a 10k holding in jnug for over a year. So this crap is as irritating to me as it is and can to be to you.
Yes. You are the smack down king. Contrarian extraordinaire. I’m all in next time you load the boat.
2019 coffee bean pricing to go through the roof. YGYI should finally grow margins as a result of this and hopefully create a positive bottom line. Add in the revenue coming in from the cannabis revolution and YGYI’s market cap should explode this year. Stop issuing shares. Take advantage of the high demand coffee bean price increases coming down the pipe, build efficiency thru growth and volumizing, and let the margins grow without increasing shares. Take a break from incentives and get the balance sheet in order. Field to finish margins should be extraordinary. Come on already, 2019 has to be the year of YGYI.
Agreed
I low balled at $5. No takers. I might grab some $8’s if I can get them. Plenty of time until March. The hype will retract for a bit. Shares will become available.
What did you pay....$8??
Yeah. It’s pretty silly. Wild West of stock trading to come.
That I will agree with if she grows some legs. Need more volume and I’m not sure anyone will trade her. I doubt there are enough buyers to really run it over $50. Too much speculation at this point.
You’re sensible. Much more realistic. The company could bank the cash and dilute while offering share options to many who were affected by this. So many ways this could go. Valuation should blow up. No doubt. It’s really interesting because it such a low float stock.
That would create more volatility for sure.
Time will tell.
Mainstream companies use of a pirated IP are not afraid of being prosecuted or going to prison because it simply won’t happen. They are not afraid of media attention. They will play it off like every politician plays off Mickey Mouse scandal. It won’t become a CNBC headline. A settlement will put cash on the balance sheet. Royalties....doubtful. The business is in dire need of cash. It will be infused. Lawyers will take a boat load.
Just saying....everyone is all the sudden starting a ticker tape parade. There needs to be much more clarity and real forward thinking prospectus pertaining to the business. A share run-up is probably. The greys eliminate a huge pool of investors to drive SP. We’ll see.
Either way....the end is near one way or the other. $1500 a share makes me a lot of money. Just don’t see it happing. Good luck.
Not necessarily true. The value of the company will not be what is awarded in the lawsuit. Much will come from the settlement prior to it being booked and thereby creating a proper valuation.
Maybe half will hit the books. Then the company has all kinds of options pertaining to how to deal with the cash. Extenuating circumstances. Administrative Compensations. Costs affiliated with rebuilding a decimated business. The list will be as long as the lawsuit took to come to fruition. Shareholders may not benefit as much everyone is getting all geeked up about. But it is progress. $1500 a share. Never.
Ok positive news but still much to consider. First of all my 50 shares aren’t $hit, but still interested and looking to play devil’s advocate here.....
~Legal fees will be outrageous
~settlement could be absorbed many different ways prior to hitting the company’s books for proper valuation correlating to post settlement booked share price or any sort of dividend. Compensations, carried costs, etc.
~shareholders or company valuation shouldn’t expect or be expected to receive full valuation or distribution of settled funds.
~SECI still trades on the greys or doesn’t really trade at all so probably won’t be looked at by value investors or institutions to drive demand and price
~seems a tad early to be celebrating is all with so many uncertainties. But it’s progress so.....
That certainly sounds like a positive as more legislation and states move towards legalizing cannabis uses. Keep rolling YGYI....time to bring a proper valuation, like say a billion dollars and a $35 share price. Seems realistic??!!
Harsh rejection. Man the street hates this stock. I don’t get it.
Can we get a little post lunch power hour run!!!
Great news!! Build on this.
Thanks for the overly specific visual. Lol. Yeah, carrot dangling but this is toast.
Dead money. Not sure when they report financials but something needs to wake up this pos.
Apparently we are dead in the water. This thing doesn’t trade
Well maybe it’s time to partner up with the Chinese.
Gfp can answer better to this, but my take is that as patents expire and neurological advancements pass us by, our company becomes worth less, not worthless, until they can prove some sort of efficacy in existing compounds. There have been and currently are running trials for different modalities using the ampakines compounds, most recently and notably CX-717 for reversing respiratory depression, where they saw positive results reversing opioid induced RD in rats.
And then there exists the whole FDA rejection post mortem toxicity issue with CX717 in the monkey trial a decade ago that blew up my net worth. So I think they’re still trying to prove it’s safety at high doses.