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I waited until I felt like they were at a resistance and sold them deeper into the money. Now they are retracing, like MU, and I'm able to roll them back up with a profit. So far it's working out ok but it's taking a lot of management. I don't mind that part as I work from home, but I didn't really anticipate just how much trading I would be doing. I just have a hard time letting it sit when I see what looks like an opportunity to profit. Hopefully it will pay off, time will tell!
A new CEO to restructure the debt. This thing would sky rocket if that happened.
Yep, it seems to be as much an art as a science, lol. I sold CC's on 5 stocks and within a week they all jumped 8-10%. In my years of trading I've never been so good at picking stocks, but of course that put 4 of them in the money and this is my first time actually selling cc's so we'll see how it pans out!
I've got a spreadsheet I made, along with all of the other tools available for tracking CC transactions, and I'm pretty sure I'm trading a lot more than I need to, although the numbers are coming up good still.
I did just roll up my MU cc back up from a 50 to a 52 strike for for about a buck, which I've been waiting for the opportunity to do.
I don't think the earnings increased, but maybe I'm reading it wrong. Last year first quarter revenue was 1,103,766. This this one was $1,025,894
It's not a 'need' for the company. If you want to get money out of a publicly traded company, you can't borrow over 3 million for a website without drawing attention, but you can borrow around 300k and pay it back with 3 million dollars worth of shares and nobody bats an eye.
What does the yield symbol indicate?
Only 475,500 to go!
It would force Ballas to focus on the success of ubqu instead of sending millions to his buddies at Common Sense Holdings. I wish I knew the real story behind that setup.
I wonder how new restrictions would affect the companies that rely on conversions to pay debt that couldn't otherwise be paid off. It's my understanding that the note holders can only hold a certain number of shares at any given time, so if they can only sell them at a restricted rate then the payment of the debt can't be done on the predetermined timeline.
Obviously this could be accounted for in future arrangements, but the currently outstanding debt would be significantly affected.
That would be awesome. There definitely needs to be rules governing it.
Haha, cheers!
If you can wait a while they will get cheaper, as I will be diluted later tonight, lol.
http://uk.advfn.com/p.php?pid=dc&dc=massRootsApr2018&market=USOTC&symbol=UBQU&FromAdvert=Leader
It's just saying which board the ad is generated from. It's not supposed to show in the ad. Even the link says "fromAdvert".
Nothing would surprise me at this point.
I should have bought it back yesterday under a dollar. Same call already jumped back to 1.35. Oh well, can't catch 'em all.
I ended up rolling twice last week (so three call sells on MU since I got in last Monday. Ended up with a 50 strike and 2.21/share overall. 48.25 is my breakeven right now and it just dropped under it. Should bounce back up tomorrow. I wonder if I should buy it back in the morning while it's under 1.00 and resell it when it jumps back up. So much to learn.
Fins are due by the 15th. That will give everyone a better picture of what's going on.
I think I may understand what you mean. A company like Geovax can't be valued based on Market cap because they are often unprofitable for many years until they have a successful vaccine, and then they immediately become highly valued?
Market cap is a theory?
Haha, that would be great!
Although if they stick to the pattern, they would announce it this year, borrow 300k to pay for it, pay it back with 3m worth of shares, and still have the same old site next year.
UBS and Trump doing their best to make sure my call doesn't get assigned, lol.
Funny you should post this. I have just begun selling covered calls and MU was my first choice! Bought at 50.46 and sold a 52 covered call @ .66 for Friday. Rolled it up and out today to 52.50 for next week and if things don't change and I take no action it will likely get assigned.
As I said, I'm just learning but even if I let it get assigned, I'm not unhappy with my first covered call. All told, breaks down to 49.32 entry, with an assignment at 52.50 and a locked in profit of over 3$/share, or I keep my shares and the money from the call sells. The only down side is I'm giving up any additional profits should it run, but as an overall strategy, I'm good with that.
My apologies if this is off topic or inappropriate for the board, just a little excited about my first covered call and trying to learn all I can.
www.ubiquitechsoftware.com
is the website down again?
I don't know the answer to that. I tried to do some research but didn't find a quick definite answer and don't have time right now to dig into it.
If they don't, they should be fully diluted by now and will have to arrange a way to pay that newly acquired debt. Especially since it was borrowed with convertible shares as a form of repayment.
If they somehow pay it in cash, or find some other way to take care of it that doesn't include adding shares, this thing will sky rocket. I don't believe that will happen, or I'd still be in. But it is a possibility.
If the fins, which are due within 2 weeks I believe, do not show an AS increase it will probably shoot right past .02.
Definitely easier to play the game by their rules.
The number of outstanding shares itself is not what's relevant. It's the shares * the share price that determines the market cap. That's what's important. 900m shares * .50 sp = 450m market cap. In your example, 200m * .5 = 100m market cap. So then the question is, does the company warrant a 100m market cap? For many, many companies the answer is yes.
It's not the OS. It's the OS*SP as compared to the financials. Govx is trading at .04 (per etrade). Multiply that times the O/S and see what it is. Then look at the fins and see if it makes sense.
I'm no longer invested here, so I really have no interest other than not wanting to see anyone get screwed.
Here is the original guy that pumped and dumped it. Said he owned 22m shares, started in heavy with the "inside info" and hasn't posted since the last day of the 5 day 150m+ dump that brought it from .028 to .016.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138036929
Here's the chart, if the link doesn't work properly, it's just a daily ubqu that shows how his posts coordinate with the sell off.
http://stockcharts.com/h-sc/ui
Now here is the new guys profile, kicking into gear less than one week after Davidmashiah disappears into the ether.
https://investorshub.advfn.com/boards/profile.aspx?user=658071&page=4
EDIT: When I click the chart link it isn't the ubqu chart, but you can type in ubqu and set it to daily and see the correlation.
I'm not sure the new guy is full of it. And the idea is intriguing enough that I might even get a small position if it drops lower. I'm just saying we have all been screwed by this company and its pumpers enough that everyone should be extra careful. If he's right, awesome. Just don't get lured in to lose more money if he is not.
These repetitive bullshit posts are too much. There are over a thousand posts today and not even 10% are original. How the hell is a new investor supposed to parse this? Ridiculous.
I'm still watching the thread. I think everyone is waiting to see what the next fins show. That will be the decision maker for this company for years to come, Apr 15 fins.
First quarter ended Feb. 28th I think.
Which negative data comments?
Hey guys. I just came across WB through IBD. It's in their IBD 50, Sector Leaders, and Global Leaders. Just starting my DD but the keltner and the 50/100 ema's look ready for a bounce on the daily, weekly and monthly charts. I see next fins due 5/14 (I think). Any thoughts on this stock, positive or negative?
This board is so quiet I'm thinking I must have missed something in my research (I just started and IHub is usually like step 3 or 4 for me). Any thoughts are appreciated, so far it's looking like a strong buy to me.
And if you look at the Note C - Notes Payable, It all only adds up to about 40k. About half of which would have been taken care of by the release date (March 22).
It looks like they are cleaning things up and if so, the next ones will show almost no remaining debt.
This is from skimming through it. I will probably print out this one and the last one for some comparisons this weekend.
There is definitely dilution. To understand how much dilution is occurring look at Item 4 Issuance history.
That will tell you how much was converted, who converted it and why.
The middle column (Total outstanding) is a cumulative total. The columns to the left are the numbers for that particular date.
The chart goes all the way back to march of 2016, and through to 1/18/18. During that almost 2 years they added 2 billion shares outstanding.
These extra 2b shares came from the 6b authorized. When combined with the approximate 1.5b prior outstanding shares, that leaves the company with about 2.5b left available to convert.
That does not mean they WILL be converted at par to pay debt, just that there are 2.5b left of the original 6b authorized.
I know I did. started off nice. Then after it was obvious I was being ignored I emailed other employees, called different numbers etc.