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Mid 9s up next?
THANK you! That is how I read it also. I just thought the spread was tightening.
Sheesh...always someone trying to scare me
Do you know the share structure on ECRD?
Look at the bright side. It's more liquid and tradable.
I think the "D" went on 12/28? Twenty trading days would make it Jan 29th, I think. I am not sure if that is in stone. I assume they would file after the "D", or does it matter?
Hm. Well, it did make someone sell today. I still see a lot of potential.
They doubled the OS?
Somebody new just join us?
Ah hah. It IS interesting. My guess is Ezra is pretty much well known in NYC
Shanak, what makes you think Ezra? That would be one heck of a commission! I love that building.
Thanks MsClaus and MoneyMan.
cep, where did you see cancelled shares? Thanks.
Thanks. I know about the daily list, but is there another site that gives a head's up on court filings? TY
Adijas, how do you know when reinstatements and such come out? Is there some sort of scanning tool or notifications you use? Sorry, I don't have PM.
"Without Fists" I like that. Thanks Quinn
I think if folks hold until the "D" is removed, this will fly even before news. The buyer is being patient now, hoping some will sell into him...but the clock is ticking.
Super good news today and just a hint of what is to come in 2019.
Still here and waiting patiently.
What is SEC Form S-1?
SEC Form S-1 is the initial registration form for new securities required by the SEC for U.S.-based public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange. Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, and provide a brief prospectus of the planned security itself, offering price methodology and any dilution that will occur to other listed securities.
https://www.investopedia.com/terms/s/sec-form-s-1.asp
To list a private company as public, the investment banks and the financial institution overseeing the underwriting process often carve the shell company to ease the pain of the deal in favor of the private company interested in the takeover. The investment bank agents register the shell company upfront to facilitate the transaction.
Since the private company will acquire the public listed company through the mass buying of shares in the shell companies, the company will not need any registration, unlike in the case of IPO.
https://corporatefinanceinstitute.com/resources/knowledge/deals/reverse-takeover-rto/
Pretty cool when a ticker "wakes up" in one's account.
I am of the opinion that this stock hasn't BEGUN its move. If you don't need the cash right now, HOLD.
I know what you mean. Sorta like swinging for the fences with a blindfold on. Only, some of us can see through it
Does TEAHD show in your account? It should.
Morning!
Oh good to know. My Etrade stayed at 3.03 my StreetSmart showed 3.47
Bid is 3.35? This is CRAZY good.
Looks like the market is coming back. And WE are looking GREAT!
Thank goodness for this. Most of the rest of my account looks like a slaughterhouse. :-O
Yup. Looks like someone is trying to gently gather shares. I like it.
Very interesting. Thanks.
Patiently sitting
No Edgar filings for the new company. Just on OTC Markets, and that is sort of old company news so the ticker could get current. It is officially still a mystery
https://www.otcmarkets.com/stock/TEAHD/overview
If they all follow suit, this will be a fantastic year.
Thanks Johnstown (flood?)
I remember dryships being at the top of Investors' Daily 100 for WEEKS! And this is the first time I have heard the term "float rotation". Learn something new every day. So, are you saying there may be folks spurring on "float rotation"? Or is it just the nature of the beast (low float)?
Does anyone know the exact price that we split to? Not that it matters, I just don't have it. Was it under $1?
% change should bring new eyes
TOO small. Is there such a thing? Ha ha....rocket in a silo.
I am pretty stoked.
YAY! I am finally in the green. I am still not sure exactly what assets are coming, but I am feeling better as the price moves and the bids increase in size.
Yep. I am hoping they are quietly on a fast track to the Big Show.
2019 is very bright. Smart folks will buy a million shares at these low levels and hold will become millionaires by 2020. Most likely MULTI-MILLIONAIRES.
Share structure good, debt being resolved, revenues and profits soon.