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Why do funds “have to buy the stock?”
No, more like the Pinto of the Ford lineup.
Oh? Do tell....
The company doesn’t have the reserves to buy back shares. Not in great quantities for sure.
Not explode....but will rise I think.
I think PNNT is going to double everyone’s money + pay a good dividend while doing it. Now’s the time...
Anyone know what the current situation is with the stock buyback?
Those stock transactions show up as buys on my end....
Just a year or so ago...Hamre said he thought the stock price would eventually get to .15.
Which is where he thought it should be.
The ONLY way a R/S is good for shareholders is if the company had enough revenue + profit to maintain the new share price after the split. Otherwise....it’s never good for you and me.
Good point. Thank you.
Sorry, still shell-shocked from the first TWO. I figure it’s a legitimate question. If you’ve heard or read anything about a future r/s....or even the possibility of another one, please speak up. If no, just say no.
Anyone think another R/Split coming our way? Long term?
NRZ actually closed at 7.49 on Friday. It concerns me that iHub has had the incorrect share price two days in a row.
NRZ actually closed at 7.55 today. Somehow fantastic iHub shows it at 7.41.
What makes this stock appear so shitty is the industry it’s in. Large equipment sales and leases. Very boring. That’s why when Hamre announced years ago it was trying to get a $200M contract from Niger the stock shot up....that provided some excitement.
11k sells vs 100k + buys? Seems like someone was certainly manipulating the stock....and I say it was market makers.
OR positively influence prospective investors....
MM manipulation. Total BS here. One measly 11k redemption against over 100k buys causes this stock to drop. MM’s have screwed shareholders here for a decade.
Machinery & Equipment sales just aren’t sexy. Last time this stock got above .03 was when they announced the african truck deal. Then it got to .049. It’ll take another huge deal to jolt this stock. Or...share buyback program to reduce shares.
Not all of Congress wants this mine closed. Just Democrats.
I was not impressed with Jr. pulling that bullish!t last week.
Very well said...
But...but....what about those who invest for the dividend income? See, your style of investing suits you, but not everyone is a day-trader. Some people live off the dividend and XOM is one of the best for that.
Just one more R/S and this company will be ready!!!!
We’re you saying back to $1.30? Please confirm...
Well, as soon as NDM gets the pebble up and running.....then you can start worrying why the share price isn’t up. But as of now.....there’s no correlation.
Oh yeah! Heck, why not a double reverse split? At least back to back reverse splits!
Cough. Cough.
Making and selling $50,000 respirators is more profitable than making and selling trucks.
Great post
There was no need to worry. MMLP will pull through. At least get back to 3-4. Heavy debt will hold them back I think, from reaching 6 anytime soon. Hell, it won’t be soon to get to 4. Lol
Yeah, they’ve really worked super hard on the deception....I mean...leasing buildings and selling prescriptions and medical equipment has fooled everyone. Not to mention their fraudulent acts of filing their reports with SEC. Those bast@rds!!!
Me too
Net income isn’t the only factor in moving the stock price higher. We both know suggestion, and unconfirmed rumor of $200M deals moves it nicely.
Looks like we agree again....
I feel fairly certain when all this passes that MMLP will easily get back to $3. There’s easy money to be made here. But there’s easy money everywhere right now.
The delays are purposely scheduled into the process to appease the left. The normal thinking people have already made up their mind.
Pebble opening on a marsh near you soon!
A possible buyout target.......