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.
They signed these deals months ago and yet not a peep about a single sale. Do you want to know why? Its because neither McKesson or Cardinal Health actually do any selling. They are distributors, they distribute. You need to drive sales to them and that is unfortunately something seriously lacking with this group.
Problem is that they probably have no sales. Group seems ready to teeter on the edge of failure. What are they going to do once Unilife (UNIS) starts signing real contracts. They'll be complete toast. Too bad you can't short this turkey.
well Peggy I guess we shall see if they put the numbers in the last quarterly or not. Not that I would expect much since it covers the winter timeframe.
nj they may have big salaries on paper but they aren't getting paid in cash, they are getting paid in stock. So it would behoove them to get this moving in the right direction.
Pretty sure they said on a quarterly basis.
And how do you know he isn't reporting his gold sales? He already owns gobs of shares, it seems counterproductive to want the price to go down. There are easier ways of taking this private if the mine is generating gold as you are asserting. Anybody notice who's been predominantly on the offer these days? Wonder what Carpe would say about that? I'm sure he's mum's the word. I'm going to nibble here and there, but I think we are pretty close to bottom at these levels.
Stock really needs to breakthrough 1.9c to make a meaningful run at mid 2s. MMs spent the last three days unwinding their forced short positions and are working the game all over again. ATDF is a retail trade most likely a TD Ameritrade account. Need to clear that out of the way first. At least its not the phantom 10K that NITE puts up and 900K later your still at the same spot.
Miso show one newsletter that was paid for that were promoting the stock. You can't. This was a total technical event, where the main driving force pushing the stock down, convertible note sellers. Now they are gone and only buyers remained.
Pick em Low, the Market Makers can't let this close above 2 cents yet. Most of them were forced short when the huge buy volume came in. 26 million were short on Tuesday and 23 million on Wednesday. There weren't any real sellers so MMs have to step in. In order for them not to lose their shirts they push the price down and buy back. They are still probably pretty far in the weeds right now, but today's action let them cover out without clubbing the stock and letting people in at reasonable levels. The overhead resistance will come from people who bought high and now want to bail at breakeven.
Someone needs to clear NITE out if this is going to move over 2 cents with any strength
Flex thanks. Looks like the MMs are starting the same under cutting the offer BS like end of day yesterday with REAC.
Why do you think ONCI has a real opportunity. Company hasn't put out any news in forever. The merger hasn't been completed yet or has it? I've owned this one for a long time but don't see how it makes sense to dump more moneyinto it.
In the last two days 50 million shares have been shorted. I'm sure some of the previous days were covered out yesterday, but still a huge amount. I believe much of that was market makers being forced short because of so little supply of stock on the way up. They've probably reloaded now and might let this run again
Moneyduh, so what your are saying is that somebody bought over 2.5 million worth in the last two days, since the market value on your first day was 1.2 million and the third day it was 3.7 million. If that is how you calculate things I have a bridge that may or may not cost you a dollar.
I'm glad somebody else noticed all those trades under the bid after a clear buy. What a bunch of MM monkey business. Anybody see the strange after hours trading.
26 million shares were sold short yesterday according to short analytics.
6 million shares seems real quiet after the last two days. bought a little on the drop.
Based on some guesstimates, I would say at least the most current of Asher's notes are close to being done. Takes some debt off the books. Don't know how long a reprieve there will be, but if volume keeps up like this as soon as Asher's gone we could be back over a penny. I've been accumulating on these recent big drops. I'm slightly in the green right now. Hopefully will be in Kermit Green once the product is launched.
Those guys don't promote stocks. Well Beaufort's website kinda says they do investor relations. Asher definitely doesn't promote stocks otherwise they would have done that before selling. The groups you talk about are basically funds that convert and sell and make good money for themselves at the expense of the retail investor. FYI - I added LOL at the end of my previous message because I basically kidding.
Wouldn't surprise me since these guys change firms like they change their underwear. Still curious how you really got that info, but you seem connected to the seedier side of this business so it wouldn't shock me if they called you. LOL.
Clueless, thanks. I assume that the Beaufort you reference is in the UK. I don't see that you call them randomly and ask each one of these guys if they have a note with a particular company. They don't look like they do much on the US side. I couldn't find anything on the SEC website that referenced them and I've only seen a couple deals that reference them in total. I know Asher does 1000 of deals and that Fairhill used to be a major player in this space. Beaufort is completely new to me.
I can do that Clueless, but I'm more interested in how you obtained that info since I can't find it anywhere. He may or may not be able to tell me because the info isn't public yet, ie, in the filings. So I'm asking you where can I find the same info. I don't necessarily want to speak with the CEO because he will recognize my name and I won't pretend to be someone else. Not my style. He may also use it to get other people to invest. I do own some and I don't want my name used in that manner either. I like to play pennies for fun and sometimes profit. LOL.
Clueless, where do you see info on Beufort? I don't see them in the last filing. Where did you get that info and who is Beufort? I know who Asher is, but never heard of them. I'm looking at this but want to know what I'm getting into.
The only way this works out for the company is if Omniview can get the company real financing. Not 100K, but a couple million so they can actually do the necessary work required to generate real revenues from the mountain. Short of that the company wasted shares. Hopefully Omni has better investors than the last group. We don't need anymore Wall St. whores who roll you for a penny. Please stay away from the JMJs, Ashers, Fairhills of the world and find a real fund willing to put in some dough.
Looks like this is heading back in the wrong direction. No news means poor stock performance. Might be time for a shakeup. A lot of suing going on without much other activity.
jocky, not sure why you would be happy with that close? Now there are 8000 shares on the offer at 1.25, at the rate the stock trades now, that's about a weeks worth of buying. What happens if they get impatient? Hit the bid. Next bid is 95 cents. That isn't going to look nice when the portfolio is calculated. Forget if they hit that bid at .95. Has anyone spoken to the IR person recently. I haven't, but may pick up the phone soon if we go below 1.20
jocky to me this stock is like a tree falling in the woods. If nobody is there to see it does it make a sound. Right now, nobody is looking at this company any more and the can make all the noise they want, its not getting heard by anyone who cares. It seems to run more like a private company than a public one.
The stock had started trading well in August and then September. Even with the selling pressure from the CFO's sales the shares were quickly snatched up and the stock moved back up to 1.50, which is a 33% increase from the low in July. Then suddenly in October there is absolutely zero. Its clear to me that they either stopped doing IR, not sure what the internal guy is actually doing, need to hire an outside service or just expect to keep the price here in the mid dollar range. Whatever they doing right now isn't working all that well for current shareholders. That news should have had a positive effect on the stock not a negative one. We appear to still see some after effect of the sale of stock. Look at how the offers stack up to 5-7000 shares one or two pennies from where we are. Its just sad. We are kinda caught between a rock and hard place with this stock. Sell and risk missing something big or hold and risk utilizing your funds on a better performer. One decent sized sell and we are back to the low dollar range. For a profitable BB company that seems crazy.
Jocky, if MMs are short they never have to cover. The only way for them to even be short was if there was no shares being offered and buyers lined up. Once the buyer disappeared they'd drop the price down and reacquire. The big issue is there is very little news coming out of the company and seemingly zero stock support. God forbid someone goes out and tries and sell 10K worth of stock. The stock started to look good in August and early September with some steady buying. The CFO's sale of 80K shares at a buck just killed that momentum. In the right hands this stock should be much closer to 2 bucks on its way to 3 and off the damn OTCBB. Not sure what their plan is, but being quiet certainly shouldn't be part of it.
Stock has been steadily dropping over the last two weeks. Zero buyers and seemingly large supply of shares for sale as ever lower prices. The stock price could breakdown below a dollar in the very near future if there is no news forthcoming. There hasn't been any real news since the patent announcement. Profits were down in the first quarter so I'm not sure what positive developments you've been hearing about. Please share. I have about 20K shares and can't decide whether to take my profits now or wait for what I think is going to be a continued price drop and buying more.
Penny, please reload quickly. Looks like the marketmaker snagged about 20K shares at 3.15 cents. They'll probably run it up as soon as that 95k is gone just to piss the seller off. LOL.
Looks like someone is trying to hold the stock down at 3.2 cents with that 95,200 shares sitting there. Wonder if they'll move it or let it sit there all day.
Bakken,
You took the Carpe DM blog out of context as that was part of a bigger article. Here it is in its entirety.
Is there a takeover in your future???
Big companies swallow up smaller companies all the time. When they do, its usually at an exagerrated price tag. The premise is pretty basic. Grab a smaller competitor before they get the jump on the market and prevent yourself from losing precious marketshare and/or shelfspace. It happens in every industry. Giants Sharks swallowing the guppies, but paying a very pretty penny for them. The question is, are you holding one of these guppies? If you look at the companies like $DSKX, $UNIS and $DYNV they all have something that is very attractive to a larger company. They have a strong product in a potentially very large or valuable market.
Starting with Divine Skin ($DSKX, OTCBB:DSKX) you have a cutting edge, super premium hair regrowth products that are garnering sales on a global basis. Sales have grown nearly 100% year over year. They have a number of different brand labels which prevents cannabilization of sales across the different market segments. Acquisitions in this market sector have been brisk over the last several years and price to sales multiples are running at 7-11x sales per acquisition. Based on a projected sales of $15MM for 2012, the acquisition price could be anywhere from $105-165MM. Based on today's marketcap your looking at about $1.20+ per share.
$UNIS offers an acquirer medical device technology that is well ahead of its competition in terms of ease of use and more importantly safety. Having developed the first pre-filled syringe with a self contained safety mechanism built into the product has garnered the company a lot of attention from Wall Street. The company has successfully raised capital several times and recently signed its first contract to begin selling to a pharmaceutical customer. The key here is once big pharma gets involved in a serious way. The product was born out at the behest of Sanofi. Unilife developed the product with them in mind and working diligently with them to finalize a sales agreement. While this will have a significant impact on the stock, which has been bouncing between $3-5 for the better part of two years, the acquiring sharks won't start circling until there is a second major player on board. Here is my logic behind this. There are two types of potential acquirers, pharmas who want to block out their competitors from getting these delivery vehicles and larger better capitalized Medical device companies. While Sanofi has some protections if it comes to a battle of pharmas the stock could see significant premiums.
$DYNV is an interesting company. They are in a growing building market targetting high growth areas like North Dakota. Revenues are growing dramatically and with each completed project more come in. As their reputation grows they get better opportunities. At some point a much larger builder may come in and swallow them up simply for their project backlog.
You have to drive a 1000+ miles north to get to me.
Mr. Chipper,
Business is always a work in progress. Now if we can just get some people to buy into DSKX we'll make some good money here. I've been following for the last four months and its been the same seller for the entire time. Can just drive you nuts when you see a company say they are increasing sales by 50%+ and you know its a lowball number and some idiot keeps selling into it. My guess is that its one of the old IR firms or consultants who don't give a hoot about the business at this point. We'll see what happens soon enough when he's done. Probably pop to 40 cents and I'll be sitting pretty.
Mr.Chipper, your wife's place looks great. Too bad I'm no where near it. I'd send my wife there for some relaxation.
If she decides she wants to try the products I'll send you the contact info for the person to ask. Or at least the person I asked.
Have her go to the website www.divineskin.com Their products work amazing for people with thinning hair. I've seen the results first hand and it blew me away. Thanks for the reply Mr. Chipper.
Anybody here following $DSKX? Stock has been beaten down by a seller, but they just announced that they will do $15MM in revenues for the current year. That would be up 50%. I believe it could be more than that.
Here's a post explaining some of the rationale behind it being worth more.
http://carpedmstocks.blogspot.com/2012/05/dskx-expect-more-company-has-big-plans.html
Don,
If it were that simple then there would never be a short squeeze on any stock. The question becomes when unsettled trades become fails to deliver. Will DYNV show up on a RegSHO list? In any event it could be that TCA is selling shares in advance of them getting cleared from restriction. I would do that if I could.