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I noticed that before, pinkies get higher when the major market get a hit and visa versa.
Thank godness I have nothing up there
The question is,
how do a fall in major markets affect the pennyland? I expect the market to have a severe hit tomorrow
I think being in the pinky land these days is not a bad thing. I am trying to call my broker, no luck. I think they have tens of calls
LOL
I am saying for people who are waiting a contract saying that an X company will pay us 80 million dollars, that wont happen
There is no contract
Reading some posts today I got the feeling that people were expecting a car company to pay RVGD 80 mollion dollars for doing nothing. If you think so, there is no contract.
Revenge will build cars for that company and it will be sold to customers via car dealers.
If you noticed the eps that was expected by the company based on roughly a billion shares of 0.004 a share, that means something like $4 million a year. Which means that the company's profit will be 25% of the car's price, which make sense because the major bulk will go to the initial manufactorer of the car.
I wonder how people were thinking about this deal and how it will go.
I have a general question.
Do you think the shock that finance sector is taking recently on credit and liquidity problems can affect us in the pinky land? I was reading all the last night and this morning reports about the wave that might affect the financial sector after the hit BSC had on Friday.
Any thoughts?
Thats strange. MRLE is 0.0012 and have the same volume. but it says the change was -0.0008. not + 0.0002
mmmmmmm thats weird
TDA says its not a valid symbol
Are you sure you are reffering to the ticker RELM? I checked on google finance. its a wireless company
Amen bro
Do you think a million shares of RVGD will buy me one of those some time this year?
Thanks :)
All money I got is in the company. Which is not that much anyway. I have 1.5 million shares. I think I will use half a million to trade it and keep the other million to see where this will go.
Its not 80 million contract
1. They have 2 designs, one for 80,000 and the other is for 110,000. So, the contract is 80-110 million.
2. The agreement was on 1000 cars. However, they might make a bit less or a bit more than that number
I dont think there is a huge difference. And yes, I think we have 27 million less than what they thought.
Bottomline, this should trade by the range of 0.04
According to the company, based on a post I've read, the eps out of one contract based on full dillution= 0.004.
No problem.
I myself lost my faith and sold. Then went back. For sure I am not to compare myself to Van. But, I think that longs will be rewarded.
He was posting yesterday. He said he sold and bought again
This is wonderful. I think she is more intrested and worried about the pps than all of us
Sorry for my bad English. But does this mean she got shares as her salary?
can any one please inform me what does this mean?
Thanks allot. I wanted to hear that they buyback as soon as they can. these prices are the best to buyback at
Please sell.
Seriously I am looking to buy 0.0001 since days. No luck
Stervs
Thank you very much for your great effort. Reading this post I know now what kind of monster we have. However, I have some notes on your DD I hope it will be discussed.
first of all, I love to ask, is the EPS based on O/S or it should be based on the overall share number.
My second question, the 35% of earnings will be used to buyback stocks. I believe that would be based on annual or even quarters. Am I wrong? Or it will be like every transaction they do they will use 35% to buyback?
The most important thing I really want to focus on is the earnings. If the company has $ 550,000 income, that doesnt mean it has a profit of $550,000. Do you have any idea about the annual costs to run this company? Workers salaries and stuff like that? I hope (as an example) that the CEO's salary is not $250,000. Do they have debts they have to pay?
My point is, we maybe have to base the calculations on more realistic basis.
I have no doubts that the company will have a huge and bright future. But I dont think the agreements they have so far are enough to think we should be 10 times higher
What do you think?
You know, if I was in the management of one of the huge car manufacturers, I would think seriously about acquiring RVGD.
hahahahaha
I hope fireworks will be seen here the next week. I think many guys in here are waiting for it since a while and they deserve the reward.
But, I am skeptical in my nature. I think , maybe, you know something more than just an email from Peter :)
Great. Got any idea if the MM that was selling for carnes is shorting too?
It might be the most stupid question,
but can you predict how many shares did they short? I think if that number is high and we get more good news, they will be in a trouble
Here is exactly the problem
Most long are out of powder here and just waiting ( I am talking about my self at least)
Beau Beau
I think people are just corious how pps can be above , lets say 0.0055, the previous resistant, when we cannot even get the previous support level of 0.0026 on the news we were waiting for weeks
I think people here were amuzed by this not jumbing to 0.004 just by hearing it
I think you all are right
I dont think day traders can drag this down like this. Today's news must've sent this abouve 0.006.
I think part of what happened today was the MMs, part of it was day traders. I dont know if that mesterious seller still selling in the back seen, but I wouldnt be surprised to know that he still has some shares to dump.
I would believe that the only thing the company can do to help the shareholders who own this share since a long time and who are investing in it rather trading is to use the reveniues to buy back some shares to decrease the float.
I dont understand whats going on
this was the news people were waiting at 0.0055. Strange
what makes this go down and why its headed up now?
It looks almost impossible to get the 1s
ops. sorry.
but still. I think RVGD will have a wait list for customers
Wait untill GM announce it, or when there is a public ceremony. People all around the world would be fighting to get those cars. 100 cars is rediculous. I think RVGD will need to expand 10 folds in the next future.
55 mill in 40 minutes. This will rock today
According to news, 80 million is MINIMUM
DONT TRY TO BUY AT BID
Nevermind.
I found it on Ameritrade. WOW. This was more than 0.03 less than a year ago
Guys,
Any idea about historical prices? I couldnt look it up