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There are obviously not that many who have the faith and opinion of yourself. The stock price at this point of the game is a pretty good indicator. Your faith and opinion is not going to change what is inevitable.
The only manipulation is what you’ve been experiencing for the last decade
The current retail holders are going to have their shares reduced 10x - 20x for the reverse split to happen. Then you’re looking at further dilution from the issuance of more shares during construction. If you’re a masochist, you’ll be very satisfied.
Just prey to the institutional banks.
Absolutely disgusting and sad how the retail investors have been treated.
If you’ve ever been involved in a reverse split, you would understand how ridiculous you sound.
This is true. The reverse split is going to destroy the retail investors with the share price being where it is
Four or five dollars a share is not going to bring a flood of institutional investors. Many institutions won’t touch anything under $5, especially for an initial investment.
It’s looking more like a 20 for 1 reverse split to get the share price to a respectable $14-15 starting share price.
It looks like Nio will be starting in the red again
It’s been like this for years. The stock gets an occasional spike and dies off quickly. Unlike a small handful of investors, there’s several long term investors who are upside down in this stock.
Looks like it’s going to be a rough start on the OTC tomorrow. Niocorp has been in the red all day on the TSX. Ouch, why is this gem having such a hard time getting the attention of seasoned investors?
It’s so sad how much enthusiasm some shareholders still have given the constant disappointment. Unfortunately, the disappointment will be felt by shareholders for quite awhile. Management has sold out to the corporate mobsters who hold much more $$$ than any retail investor. They’ll continue to drive the share price down over the next few years and gobble up more shares.
Merrill Lynch was just looking out for you boomer.
We will see how accurate that theory is before long. I am going to guess that there will be quite a few of the pumpers laying pretty low after the end of March.
It’s good to hear what a great return you’ve had in ten years. Those 7-8 year investors are not as fortunate as you are. Count your blessings
Soooooooooo, you’re saying there’s a chance? There are lots of Lloyds
I wonder why the stock continues to slip and trend downward. SPAC deal and great recovery rates, but continues into the red.
What will the $8.47 per share be once over 300 million shares are given to GXII and then we go into a 1 for 10 reverse split? Asking for a few friends.
Knowing about the blog is as simple as doing some DD with online searches. You might want to do more DD besides what you’re getting here.
Whatever happened with the news blog that the company had created that was going to keep investors updated? I think there was one blog article.
Being critical of management is not bashing. Management has said financing was imminent years ago and that they were in serious talks with several groups of financiers.
We know that this current financing deal with GXII began a mere six months ago. There were no other options on the table The deal will effectively give GXII institutional investors more than 50% of the company. Looking at who we are making the deal with should make anyone cringe when they look at their track record. Intelligent investors are questioning management for very obvious reasons, but are continually ridiculed for pointing out the facts. I’m going to guess the majority of investors who are expressing frustration with management hold more shares than each of the members of management and board of directors besides Mark Smith.
The definition of ignorance: the state or fact of being ignorant; lack of knowledge, learning, information, etc.
Down 85% in six years, three times the outstanding shares, and not profitable. The new team has brought the market cap of the company to the lowest it’s ever been in the entire life of the company. Explain to the audience how this is thriving. Explain how this is success. If you can convince anyone that this is what a thriving and successful company is, then you can resurrect Blockbuster Video from grave.
Thriving?!?! Down 85% since the reverse split and nearly three times the outstanding shares. They just had to do another private placement to keep the lights on. If that’s thriving a thriving company, then I would hate to see what failing is. There’s nothing personal here, these are the facts. I don’t understand how some of the posters on here feel there’s something personal when the facts are laid out.
It does not take much DD to find the information. It’s available from multiple sites.
https://m.marketscreener.com/quote/stock/IBC-ADVANCED-ALLOYS-CORP-12111550/news/REVERSE-SPLIT-1-of-10-22436657/
I forgot to mention that the stats are from IBC Advanced Alloys.
Here is a sickening fact: Mark engineered the 10 to 1 reverse split in May of 2016 for IBC Advanced Alloys. The stock has now fallen 85% and the outstanding shares are nearly triple since the reverse split. This is not a made up statistic. How is Niocorp going to be any different with the same team a the helm?
Here is a sickening fact: Mark engineered the 10 to 1 reverse split in May of 2016. The stock has now fallen 85% and the outstanding shares are nearly triple since May of 2016. This is not a made up statistic. How is Niocorp going to be any different with the same team a the helm?
I wouldn’t count on it. Niocorp is 15% below the agreed exercise price. Pretty sure most institutional investors don’t want to invest in something and loose 15% immediately.
Since the reverse stock split of 1 for 10 that Mark Smith engineered in 2016, IBC has lost 80% of its value. It’s going to be different with Niocorp though? Is Niocorp at the bottom now too or is that just the kool aid talking?
In addition to Niocorp, you should invest in IBC Advanced Alloys. The team there is phenomenal in bringing so much to the table for shareholders.
When the stock gets to .50 and has to do a reverse 1 for 20 split to get an opening price of $10 on NASDAQ, will you still shower the management with praise? Your precious stock would need to have a SP would need to get to $100 just to realize a gain of $5 of your current holdings. It’s never going to happen. It’s likely to drop to $5 and you’ll have the equivalent of .25 of your original holdings.
Non of them are clearly buying now. Nice to know about the army that will be shorting the hell out of this turd, thanks!
Impressive math skills there. You must be an accountant.
Boom!!!! Mike drop!!!!
So that stock went through a 10 to 1 reverse split too?
You do realize that $20 after a 10-1 reverse split is only $2 in realized SP.
Someone needs to make that a sticky note!
Oh wow, you might want to study up on the difference between a reverse and forward stock split
You should be worried. That last 10-1 reverse split that Mark engineered in May of 2016 for IBC Advanced Alloys has been a financial disaster for investors. The stock has went from .60 at the time of the reverse split to less than .09 today, over 85% loss. Yet you wonder why anyone should have concern?
This stock should have been at $10 by now, but it’s not. The team has failed to bring any spotlight to the project and get the SP up. It’s sad that long term shareholders have now been give a shite sandwich and then told to eat it because it tastes better than it looks.