Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Enough to move ask to .037
Just placed 32k order at .036. Let's see if it does anything.
Hey guys. Saw this stock a few months ago and put a reminder on my calendar to buy today in anticipation of any PPS increase from the golf show. My $200 and 2 million shares is nothing, but might bring a little excitement.....since there hasn't been any volume in a while.
Can't believe this is staying at these levels. Selling other positions in other stocks to increase my share size here.
That is all you have to say. The stock went from $7 to under a penny, therefore it is crap and will never be anything again? Clearly you haven't done any research as to understand what is going on with this company.
I'd do some reading, before you make yourself look even more ignorant.
This was sub penny and is still below .04. I think it was low enough for them to already do what they needed to do.
Look for an after hours release. Nothing to make this pop today. It will trade on its own. But Monday morning could be explosive. That should make the close today very bullish.
You've been on here for a while listening to everything people say. Why do you want to invest? how have you become sold?
It's tough to borrow money from family. This isn't 100% certain to make money. I would say however, there is a better chance to at the bare minimum triple your money than to lose half of it.... In the short term. Long term, as long as they do not go bankrupt for some reason, it should be an absolute great investment.
You'd have to think so. They usually put out a few 8-k's a month over the last few. We haven't had one in 2 weeks. With the last coming on Friday January 6th.
Friday could be the day.
Doc,
I will send you a nice gift basket of your favorite beverages if you can talk this up to $1 today.
I could definitely see that. Accumulating for a big buyer. They need to get them under a certain mark which is why these games have been played. If ATRN is the buyer...holy schnikees.
Thanks. Thought I saw that before.
I don't have the time tonight to go look into that, but I believe it has been addressed before. Common has the same voting rights. Unless I am mistaken.
It was brought up and had a lengthy discussion sometime in the past two weeks.
Your only problem to that would be that if we did own that much, we wouldnt approve an increase to the a/s. I think if they were planning to increase a/s they would make sure they held enough to approve that measure by themselves.
Right?
So here are former employee reviews of atrinsic:
http://www.glassdoor.com/Reviews/Atrinsic-Reviews-E100244.htm
It seems like everyone had bad things to say about management. In addition, one employee mentioned future turnover. Another said management needed to pick a direction and go with it. An additional one said they needed to cut the fat.
All of those reviews were done in 2010. I guess this was a huge foreshadowing of this demise that took this company from $7 to sub-penny.
The good thing to current and future shareholders. Over the last year, but more so recently.... Management has been completely replaced with a very high quality team. They have chosen a path. They cut ties with Kazaa and are focusing only on the atrinsic affiliate marketing company. They have also sold assets and have cut the fat.
Every negative mention of this company from former employees has been rectified or is being addressed currently by a great management team.
I love this kind of stuff. Go ATRN.
Yeah. That could send this baby up. No chance though. That would be way to good to be true for shareholders that are long.
Just think about this possibility......
The BD debt is completely paid off by the shorting they were allowed to do. The 1.2 million from asset sales is pure cash to atrinsic.
And they are looking to be cash flow and profit positive in q1.
Fireworks......BOOM
Pretty obvious. Money runners is full of SH*T. Oh well, maybe they will bring some new buyers in.
I think people that are long are going to stay in waiting for the potential of big news. People will want to enter over the next few weeks, which will slowly raise the PPS in the mean time.
My opinion at least
Amen brother.
How many new posters have come on board this weekend and posted that they are going to get in on this stock Tuesday. SO the % of people that actually posted they are going to buy compared to the amount of people not posting but will buy?
Point is.... No way this dips tomorrow. It will be a nice rise to over .05 easy tomorrow.
When Stuart Goldfarb was introduced as a member of the Atrinsic team he released a pr. In the PR he mentioned returning value to the shareholder. He knows we are the most important people in this company.
I forget where I read it, probably in one of the recent 8-k's, but...
They did not give the 21 days notice prior to the dec 31 payment date, therefore they were in default of the agreement. BDE did not implement the default action though and just took the shares at the average of the 3 lowest closing bid out of the last 20. It turned out to about .0013 per share to go against the debt.
Interesting. But clearly BDE has put those shares onto the market, so they aren't 90% owners as it would have seemed before.
100 million authorized
87 million outstanding as of the last 8-k on 1/5/2012
I think most people are assuming the full 100 million is outstanding now. Safe to use that number on the conservative side.
Not working for me either. I am on an iPad though. Perhaps they are implementing a mobile version and it's in the process of implementation?
Yeah, it has been talked about for the past 4-5 days on this board. Kazaa is no longer a drain on the Atrinsic business. This is a huge positive for the company profits and the stock price should follow.
Read the 8-k's
Kazaa is done. Atrinsic has removed it from their web site as well.
Www.atrinsicspyder.com
February 1, 2012
I understand. Hopefully this takes off for you!
Not sure about committing to $1, but it certainly could. The more proper answer is that with all the DD performed over the last few weeks on tis board, most of us feel that this stock is severely undervalued. While I will not say $1 this year, I can say it would not be a huge surprise.
One thing is certain, this stock has tremendous upside potential that with the management team in place could be limitless.
5900? Load up buddy.
My 2 year old son has 20,000 shares for his college fund.
Who knows. Not worried about this next week. I just see this being a huge play in the months to come. It will take off at some point, just can't tell when.mwith all the momentum, it could top .10 this week. I don't know nor care. Lol. It will be there and even further at some point and I am patient.
There has been nothing but positive due diligence all weekend. In my opinion it takes off on Tuesday. No guess where it ends up, but most definitely above where it is now.
I'm not one to try to pump up a stock to unrealistic areas. But, I would be more shocked it it closes below .04 than above .10.
Any way to find out how much Goldfarb was making at Direct Brands including stock options and bonuses?
Would be interesting to compare. If his salary is much lower now, which seems a bit low for a CEO of a publicly traded company....perhaps his stock was the most important part of his decision, which would be awesome for us shareholders.
I assume they had some Direct Buy revenue in Q4 as well, but we will see when the 10-Q comes out. With a company that size, it could be a monumental change. Who knows at this point.
This is pure speculation, but with big clients such as H&R Block and TurboTax heading into tax season...
this first quarter of 2012 could have some monster revenues. Add in the potential Spyder revenue? WOW
I am more than thrilled to have found my way into this in the .02's.
As time goes on, this stock just keeps getting stronger and stronger as more due diligence is done and we get deeper into what is actually going on with this company.
I am trying and trying very hard to come up with a reason to sell my stock and take profit. I just can't though.
ATRN til the end baby.
They announced that kazaa is no longer part of ATRN in late December. They announced that hey will be working solely on the marketing portion of the business. Then, atrinsic spyder is announced within days, maybe weeks. To me it shows that they are committed to this company and business and are working very hard to get things turned around....and quick.