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Value, Mrinvestorpro is a very glib, snake oil salesman. Anyone with 48 thousand followers can move a thinly traded stock, especially when we're talking about over-caffienated day traders looking to shoot anything that moves.
Some of his quotes are classic, for example:
"I don't guess"
"The stock market is not a casino and investment takes patience"
The last one is incredibly funny since he puts out pump after pump.
I have never seen anyone pat themselves on the back more than this guy. He is a self-serving, megalomaniac!
He's like the Jordan Belfort of the cyber age. This guy has to be just raking in the cash. Pretty simple concept of accumulating a position, putting out a buy alert, and then unloading it on his 48 thousand followers! Nice work if you can get it.
EZEN - I agree, it's a strange deal. They are getting the line of credit, so maybe they have big plans! Seems to be a lot of surprising things happening in the market these days.
ACY - MrInvestorPro really has some balls, touting this one today after the horrible report they put out last night.
EZEN - .0615 + .0543 - Interesting news out yesterday after the close. I wonder what the end game is here.
EZENIA! INC. ANNOUNCES EQUITY INVESTMENT, CREDIT AGREEMENT AND CASH DIVIDEND, ADDS TWO NEW DIRECTORS TO BOARD
Posted on August 13, 2020 by Wkeith
WEARE, N.H., August 13, 2020 – Ezenia! Inc. (“Ezenia” or the “Company”) today announced that Novelty/EZ Partners, LP (“Novelty”) has purchased shares of Company common stock equal to 40% of the Company’s issued and outstanding capital stock (on a fully diluted basis after giving effect to the issuance of the shares to Novelty) at a purchase price equal to $0.0435 per share, in cash, for a total investment of $452,446.41. In addition, in connection with the share issuance, the Company has entered into a Credit Agreement with Novelty that provides for up to $4 million in borrowing availability at an interest rate initially equal to LIBOR plus 4%. Borrowings under the Credit Agreement are subject to satisfaction of the conditions contained therein.
In connection with the foregoing, and utilizing a portion of the proceeds of the Novelty equity investment, the Company has declared a cash dividend of $0.0175 per share to the holders of the Company’s common stock, payable on September 1, 2020 to holders of record on August 25, 2020. Beneficial stockholders who own shares through the Depository Trust Company (“DTC”) should contact the DTC participant through which they hold their shares in order to ensure timely receipt of the cash dividend.
In addition, the Company’s sole director has appointed Jonathon Skeels and Michael Leahy, who are affiliates of Novelty, to fill the two vacant seats on the Company’s Board of Directors, serving as a Class II and Class III director, respectively.
About Ezenia! Inc.
Ezenia! Inc. operates through its subsidiary Windjammer Holdings, Inc. Ezenia! Inc. common stock is not listed, traded or quoted on any U.S. stock exchange but is quoted on the OTC Pink Open Market under the symbol EZEN.Contact: Cecilia Moreno 1-603-589-7600 x804 cmoreno@ezenia.com
BGFV - That's about 30 percent of the float short. Again you have to wonder how many covered on that spike up to $8.47 on August 7.
CODA $6.61 + $1.00, and halted. None other than MrInvestorPro just put out a buy alert.
MNDO - I bought some, also. In addition to the good bottom line number, they had some nice follow-on orders. From the PR:
"This quarter’s follow-on orders include a major upgrade of our billing platform at a very important long-term customer. This significant upgrade will be completed around year end. The upgrade substantiates our value proposition for the customer and we believe it indicates continuation of recurring maintenance and professional services revenues for future years. A second significant follow-on order is for specific customizations to be delivered with Agile methodology throughout the year to another important customer."
EDUC - Nice vote of confidence from a director:
https://www.sec.gov/Archives/edgar/data/31667/000118518520001107/xslF345X03/ownership.xml
BGFV - I wasn't there very long, but I saw a couple people walk out with those brightly colored dumbbellls, a couple other people came out with long skinny things sticking out of their bags. I have no idea what they were, maybe collapsible fishing rods??? They definitely had some store traffic with quite a few people pulling in the lot and walking in the store.
BGFV - I didn't realize that the latest short interest figures were that large, 22 percent of the float. If I was short, I would have covered immediately after seeing the guidance for Q3. You would think the short interest will be down when it gets reported this week, but these are very strange times.
I stopped by my bank this morning to hit the atm, and decided to drive to the Big 5 store which is just a few blocks away. I stayed in my car with a good view of the entrance. I saw quite a few people going inside, so that was encouraging.
EDUC, yes, it most surely did get into the 19s. I was selling little bits all the way up. I should have sold every last share since they can now be had in the high 15s!
This one is not for the faint of heart! It sold all the way down to $13.65 yesterday and then exploded up to $19.76 today. Crazy, momentum-driven moves.
EDUC - Word is the weak hands are out, and only the big boppers remain!
Plus the WHAT, Nelson? Did you run out of ink?
EDUC $16.04 + $1.22, breaking out to a new 52-week high this morning after selling off yesterday after the company released those blockbuster sales numbers for July.
ESCA - Nice quarter. I joined you. Nice balance sheet and raised the dividend. Great sector to be in presently. Might take some time to digest the recent gains, but I can wait.
EDUC - July revenues of $22.3 million is a huge number considering that the entire 2nd quarter last year was $24.4 million in sales. It is selling off nonetheless.
Educational Development Corporation Announces Record July Net Revenues and Record Number of Active Consultants
GlobeNewswire - Aug 06 12:26 EDT
TULSA, Okla., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today reports record July net revenues and record number of active consultants at the end of July, 2020.
Randall White, CEO of Educational Development Corporation, announced that during July 2020, the second month of the second fiscal quarter, the Company recognized approximately $22.3 million in net revenues, compared to approximately $7.9 million in net revenues recorded in July of last year, an increase of approximately $14.4 million, or 182%. Mr. White also stated that July, 2020 was the largest net revenues month in the Company’s history.
Mr. White added that the active consultant count in the UBAM division, the largest sales division of the Company, grew to approximately 45,200, which is the highest active consultant count in the Company’s history.
Per Mr. White, “We have continued to experience an increase in activity in our UBAM division due to additional active consultants and an increase in demand for our products. We are humbled by the growth we have experienced and appreciate the additional sales efforts of our consultants and the hard work from our our employees to keep up with additional volume of orders.”
Mr. White added, “We are also pleased to announce that the net revenues of our Publishing division have also returned to historical levels during July, as retail stores have begun reopening. We hope the revenues in this division will continue at these levels as retail stores face the continued challenges of remaining open during the pandemic.”
About Educational Development Corporation (EDC)
EDC is a publishing company specializing in books for children. EDC is the exclusive United States trade co-publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited (“Usborne”) and we also exclusively publish books through our ownership of Kane Miller Book Publisher (“Kane Miller”); both international award-winning publishers of children’s books. EDC’s current catalog contains over 2,000 titles, with new additions semi-annually. Both Usborne and Kane Miller products are sold via 4,000 retail outlets and by independent consultants, who hold book showings in individual homes, through social media, book fairs with school and public libraries, direct and internet sales.
Contact:
Educational Development Corporation
Randall White, (918) 622-4522
MXC surprisingly continues to levitate.
As far as ENG, investors seem to expect a lot from this company. Whatever price gains it gets seem to be hard earned. Even with all the craziness in the nano cap sector recently, the high for the year is $1.55. With the 21 percent fall in backlog, I think it is going to find a home under a buck very shortly.
All bets are off if they announce a nice contract, though.
ENG - Stock has run recently and earnings report this morning was less than stellar. Backlog is down. Think this has a good chance of going back under a buck.
BGFV - Nice write-up on SA, Gilead. I think you made a very good case with many compelling points.
SSNT closed at $5.40 after hitting a high of $19.89 in the pre-market session. You have to wonder how many poor souls got crushed by this thing today.
https://www.nasdaq.com/market-activity/stocks/ssnt/pre-market
ZVO - This one did not work out for me yesterday to say the least. It wasn't a big position, but I did not play it well. The earnings looked great. The thing that caught my eye was that their expenses were way down across the board, and they did not really give an explanation why in the 10-Q.
So being a little skeptical, I bailed pretty much at the low of the day yesterday morning.
TCCO halted this morning and guess who is pumping it....none other than MrInvestorPro!
SSNT, I was able to buy some when the news came out this morning. These low floaters are just going berserk and a lot of times for no good reason.
SSNT $17.72 + $15.00, flipped some of this earlier. Made a nice profit, but nobody told me it was going to $17.....
OPXS - I like this quote from the CEO in the PR:
"These assemblies will add a new platform to Optex's existing portfolio of military optics while utilizing the same core competencies and physical infrastructure."
He is now saying that he had an alert for COHN in the 3s. He may have been the one who set it off. It was up $6 to $20 today. Funny how this one never really came down.
MrInvestorPro reminds me of pro wrestling. He makes these blatantly false statements. He is now touting GRIN which is halted. He says that GRIN has the same type float as EDRY which is not even close. GRIN's float is about 10 times the size of EDRY's!
EDRY - $12.14, halted yet again. MrInvestorPro is quite the snake oil salesman. Yahoo was showing only 2k shares short, but you know there is more now.
EDRY only has a 800k share float so perfect for a pump.
KODK now in the 16s, continues to sink. That would be a whole lot of dilution.
This one smells pretty bad especially after reading Nelson's post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157316370&txt2find=kodk
FORD - Nice job Hweb. Who needs MrInvestorPro.
BTW I have a quote from him,"I’m free folks and destroy all others in my path with my accuracy."
DPW used to be a good little company that sold power supply products until they slipped to the dark side. A foray into cryptocurrency and a 1 for 40 reverse split last year says a lot. And that's just scratching the surface.
MXC - MrInvestorPro over at stocktwits saying it should have another run. He's quite the salesman. Too bad he doesn't offer a money-back guarantee if your dollars go bye-bye.
otc, there has been a bit of a reversal. You may have to step in again!
TCCO - Low of $3.75 this morning. Quite the fall from grace. The $7 mark was like a brick wall yesterday and definitely not a lucky number for TCCO.
SGRP - Their latest 8-K issued this morning, revolving around a repayment request of roughly $900,000, involving an incestual business relationship, is enough to make your eyes roll back in your head. What a mess.
https://www.sec.gov/Archives/edgar/data/1004989/000143774920016113/sgrp20200730_8k.htm
Gold hits an all-time new high today. I'm slowly selling off small bits of my mining shares. With all the money being printed, there's no telling how high gold and silver will go.