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.
So we know $3.8mil is left back in Jan, which means they have had almost 6 months to pay it all.. $600k a month..... Going dark had to be a cost saving method.
Pay off debt, move into new office, Overhead has been cut, come out a new healthy company making money.
Funny how spyder is all gone now... I wonder why.... something is in the works... Just need more time to find out what!
some need to just walk away from the screen lol... I dont even post on here that much or even have level 2 on anymore. I am waiting for May 31st right now.
Great point.....Right there...
Now how could they pay off the debt? Where would they get the money? I mean they retired the shares they could have used to get the money to do this.
I dont care about the pps. day to day pps does not bother me. daily pps only matter if you are a flipper or if you are a weak hand wanting to sell.
They wanted 2bil believe it or not... Facebook said no we give u $1bil...lol
The key here folks is 1 thing and 1 thing only right now... NOTHING ELSE MATTERS AT THIS MOMENT OTHER THEN.....
HAS THE COMPANY PAID OFF IT'S DEBT WHICH IS AROUND $4MIL OR WILL IT HAVE IT PAID OFF BY MAY 31ST.
Could the company be waiting for the May 31st date to update it's shareholders?
and the fact that the OS was retired...I really dont think the BOD is going to be doing anything shady.. The company may as well be reorganizing itself and getting rid of the fat so they can come out much healthier.
Dont forget 2 really important dates.
1. May 31st deadline for payment's of loans that needs to be paid off.
2. They can relist to the Nasdaq by late this yr.
All they really need is a PR stating they have paid there debt off and our debt free, It will take us to $1+
Someone looked at my linkedin profile today from the company.......Maybe after I sent them that soon we will take this to the sec and doj I also included that I am down $xxx,xxx on this investment.
Swank needs money, he burns thru $120,000 a month in what!!!!
Oh really! I think its the CEO SWANKY dumping! Company needs money maybe. It lost $1,000,000 last year... Oh wait I thought LUPERON was closed....why was it on the finanicals...shadyyyy
Its someone dumping a ton of shares... who else holds millions of shares... maybe its the company..who knows.
No 3mil DUMPED ON THE BID....BIG DIFF BETWEEN THE ASK AND THE BID.
wow someone needs money maybe the company who knows? 3mil shares dumped
Wonder whose dumping
some are selling to play the other plays that are going up this week.
Good luck to us all...
If its true I will give niko $100k For the great dd
The company saw this coming months ago. Wish it drops to $20
I know man thank you but it's far fetched stuff.
Yea it's verrrrrryyyyyy far fetched and made me laugh.
Yup shorts are in control now.looking for a nice bottom to get in st now.
That's misleading dd and awful......there is not one dot to connect its all someone's opinion with zero connections or links to connect anything to us. I do appreciate the time spent on it.
Sorry man no offense but your DD is great and all but points to nothing even close to be remotely concrete. sorry.
Great post thank you for taking the time to do this.
You actually can tell if you watch level 2 and know what to look for.
because I do DD.
New client of Atrinsic
http://www.facebook.com/SkylineeCommerceSystems
What happen here today was a very very healthy correction. If you are long here then what happened today was a good way to add on the dip.
Despite 40% Plunge, Pro Remains Short Green Mountain
Published: Wednesday, 2 May 2012 | 7:24 PM ET Text Size
By: Lee Brodie
Producer
Investors sent Green Mountain [GMCR 49.52 -0.22 (-0.44%) ] tumbling in extended trade, - to the tune of 40% lower - but top hedge fund manager Whitney Tilson tells us he doesn’t plan to cover anytime soon.
The catalyst was earnings.
Green Mountain slashed its full-year sales forecast after demand for its K-Cup coffee refills fell well short of Wall Street expectations.
But despite the sell-off, Tilson remains a seller.
Green Mountain Coff...(GMCR)
49.52 -0.22 (-0.44%%)
NASDAQ
He thinks the company is facing both competitive problems and accounting problems. “I can’t prove it but that’s my belief,” he says.
First, Tilson believes rising competition is taking a bite out of sales. "And they haven't even come off patent yet. That's coming later this year."
And second, he adds, “Although I can't prove it, I believe they were stealing sales from futures quarters to make their numbers look extra good. But when you do that, those future quarters eventually catch up."
Tilson goes on to say, "I think we’ll see a series of big misses by the company. I've been short since the high 80's but I'm not interested in covering a single share.”
If you’re looking for a long idea, trader Pete Najarian suggests looking at Starbucks [SBUX 57.92 0.26 (+0.45%) ]. “Know what I read into this? Starbucks is out there taking share away – I like this stock. I think it’s too cheap. I’m long.”
Looking at the numbers from Green Mountain, gross margins in the second quarter declined to 35.4 percent from 37.5 percent in the year-ago period.
The company reported a second-quarter profit of $93.3 million, or 58 cents a share, compared with $65.8 million, or 44 cents a share, a year ago.
Net sales rose 37 percent to $885.1 million, but missed estimates of $971.7 million, according to Thomson Reuters I/B/E/S.
Green Mountain sees fiscal 2012 sales rising 45 percent to 50 percent, much lower than its previous forecast of a rise of 60 percent to 65 percent.
* Whitney Tilson's next Value Investing Congress is scheduled for May 6th and 7th. Click here for more details.
Man oh man what a drop!
Seems Microsoft is really going to turn things up with search and ad, since it does own some of Facebook.
I see no yahoo connection at all at the moment.
yea tell me about it, shareholders paid the price. They would have made an amazing power house.
Its so dumb that yahoo did not take that offer.
They have allot to be buyng up then, after that they can file there sec form 4 and we will go from there :)
Company has 29 days left to pay the debt off in whole...
There is a reason why the company is not giving it's shareholders the Disclosure Statement...That is because once it does they will see how much more dilution swank has done.
http://www.otcmarkets.com/stock/CGAQ/financials
These numbers are almost 1yr old FYI.
Shares Outstanding 290,237,560 a/o Dec 31, 2011
Float 207,715,666 a/o Jun 30, 2011
1mil shares dumped on the bid....
Great article thank you.