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.
We know it is DMRJ.
There is no guessing.. Over the past few months they have been responsible for 1/2 of all volume.
There isn't a lot of desire from anyone else to sell down here.
One of these days, they will be done.
Great idea.
Don't worry about addressing the crippling debt....
Nothing to do with the event... I think that was so-so.
He doesn't need to say anything about the pps except for "we do everything we can to increase SH value".
Saying "if the pps was at $10, you'd want it at $12".
Well, that's nice, but it doesn't acknowledge that the pps is lower than it was 2 years ago. It was an insulting way to handle the question.
We have no impact on the pps.
No one is going to sell because I tell them we had a bad presentation.
They may sell because the CEO didn't say he isn't happy with a 1.45 pps, but that one is on Glenn.
I'm sure the TSA isn't a fan of this.
We do need more orders, but a 40-50 million dollar order should have moved the pps.
I'm very disappointed in Glenn's response to the share price in the CC. No one expects the share price to be at $10, but we do expect it to go higher than it was a couple of years ago or higher than it went when we got qualification.
I'd hardly say a 40-60 million dollar order with the potential for 100-110 million more is a failure.
As for the next thing, I'd prefer that they work on that now as opposed to 3-4 years down the line when the 220 falls out of favor...
You know how to run a business, though, so maybe we need to take your advice?
Why did they pay 52K for one test unit if they sold the rest for 18K a piece?
Would the increase in shares be negative in terms of Nasdaq? If they convert it lowers liabilites and increases equity.
I don't think they care about the amount of shares outstanding. They care about a clean balance sheet.
They don't operate like that... They take profit when it is there.
That is why they have billions of dollars under their control.
They ended up exiting that position almost entirely, right?
The response was just as stupid.
I'm not worried that it isn't at $10. I'm worried that we are lower than we were 2 years ago when we just got a 45M order.
Ask them how they plan to handle the debt!
No one is saying that they will be able to sell all 60M at the market.
But they don't need to do that to kill any rally.
They sold after qualification and it seemed to effect the pps to a certain level.
Yeah.. my point was that they will sell into any strength, but they aren't looking to take us lower than a certain point.
They don't dump shares when the volume is low.
They aren't trying to kill us, but they do take advantage of up days.
They exercised over 4 million shares after the qualification was announced.
Can you post a link?
Look what they did with NAVB...
People were saying the same thing you are (which is what everyone always says), but it turns out they were dumping shares.
It says it is for a delivery order, so I don't think it is the Min amount.
The hope would be is that it is for one part of the order. Given where they were at inventory wise at the EOY, I don't think they have enough to fill a $45M order. Maybe this is half of it, with the other half due in a two months...which would meet the Jan-Feb installation timeline we've seen from other documents.
Who knows.....
Yeah, someone needs to mention the number (it is public info) and ask if that represents the entire selling price.
They don't have to give a dollar amount, but they should be obligated to tell us if they lost money or not. At 18K a unit, we're in the red.
What worries me is that they gave themselves those options with the 20M tag... as if they knew this was coming as the initial order. They shouldn't get options for this, IF it is for all of the units.
They said they were trying to get their margin to 50%... I doubt they have been able to do that, yet, so they would be giving them away at a loss if the order was for $20M... That doesn't even include installation, training, consumables, etc..
Did they even make money on the sale?
So they cut out 50% of their margin? I doubt it. It was already the cheapest unit on the market.
The weird thing is how low the volume is... Even with DMRJ selling, you'd think the volume would be many times as high as it is now.
Oh come on now!
We need to stop complaining about "what they could have done" every time the pps doesn't go up the way we expected.
Anyone who is knowledgeable enough to be investing should be capable of telling this is a 40M+ order.
I'm not the biggest fan of management, but giving the dollar value of the order wouldn't make a difference.
Of course they can use it to pay debt.
Is this a stock on the OTC or is this Apple?
Get out of here with that comparison.
If you think they are going to collect on that 162M, then who cares where the pps is today? What does Glenn have to do with the pps?
I'm not a huge fan of management, but you can't attack them for this. You should have known our financing arrangements before you bought your shares.
BINGO!!
To add to this... Why wouldn't they?! Why wouldn't anyone?! Because they somehow care about you and me?
No! They can either take a 1200% profit or they can have the 20 million and interest they are owed payed back. It's a no brainer!
The way they operate, they don't want to hold the shares, so they sell them into the market to lock in the gain.
Guys like you just make me laugh.
I don't know why you try to pretend to be positive for a day or two before you start getting really negative?
Investing is all about timing. All of us had the chance to buy at .75 and sell at 1.81...
This article backs up my line of thought that there are over 7K in service.
http://www.riskmanagementmonitor.com/tsa-to-begin-swabbing-hands-of-passengers/
Of course, it could be wrong, but I thought the total TSA market was closer to 250M (which would be supported by the 7K number) with the rest of the world making up the other 100-150M.
I don't really think that is true, right?
I thought the selling price of the 220 was ~40K? If that is correct, then a $162M order would replace about 4K units.
Of course, that wouldn't happen because that 162M is going to include fees for installation, training, support, and maintenance.
Either way, I thought the TSA had more than 4K units in place?
It would be great to see them sitting on 20+ million in inventory... or an indication that that will soon be the case.
I meant that it is possible to do okay on the OTC and eventually get off of it.
However, that is rare because you are typically a certain type of business if you are on it to begin with.
I don't think it is a great exchange, but I've seen companies who get off of it and have the same games continue.
Until you become a credible company with sustained revenues and interest, you will have people who can and do leverage fear as a means of manipulation.
The OTC is not my preference, but I'd rather have a solid company on the OTC than what we've been the last 2 years on the AMEX or NASDAQ.
But you're ignoring the fact that the people who are responsible for tracking the short numbers has come out and said they are not reliable.
It doesn't matter. DMJR has been selling shares. Millions of them. That is not debatable.
We're still a 8-12 million a year in revenue company.
It's a "what have you done for me lately" company because they don't do much, their product has been on the market for awhile, and because of it's financial and exchange conditions.
The OTC isn't as terrible as people make it out to be (it has more to do with the companies that list on the OTC in the first place), but it does scare most sane investors off.
You missed his point.
The MM's will "short" the stock in order to make sure the market is liquid.. i.e. they will short to fill a buy order knowing that they will very quickly have the shares to cover it. It all happens within a few seconds, or less, of each other, but it is still counted as a short sell.
The SEC wrote a letter about it.
I don't think they are actually shorting... The only reason I think they would is if there is some sort of lag between converting and selling or if is a process to convert and news came out they were not aware of/prepared for.
But DMJR is selling and they have been doing it for awhile. They are smart enough to take profits when the volume is there to support it. They aren't going to crush us, but they aren't going to do us any favors, either.
There is a proven track record of that. One day, we'll wake up to find out that they converted all of their shares. If you don't pay attention to the small things, you would never notice it.
That's why they are so smart. Greed is what leads to saying, "I have a 1500% profit on the table, but I'm going to wait until it gets to 1800%."
Or you short and then convert warrants to cover?
You guys are ridiculous with this shorting stuff.
Explain how millions of shares are somehow over a month, but the monthly data doesn't back it up?
The SEC and FINRA have released guidance telling people that the daily stuff isn't reliable.
Well someone sold a bunch of shares yesterday... Who has the incentive to do that?
They can get rid of a lot more shares a 1.45 than they can at $2.
Why would they let everyone else sell on the way to $2 and then not be able to unload as many shares as they would have liked?