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Waiting to pounce for a few more, but need volume to pick up or big bid to show before I mash the button.
What's with the huge jump after hours today and huge volume?
Heard someone came out with a buy recommendation after the close with a price target of $7.50.
After hours is 1.18. Huge news was out after the close
Ask and you shall receive.
I suspect you want the 177 gone too?
Did someone call 911?
Surprised nothing came out this week concerning the A/S increase or buyout of remaining convertibles. Maybe next week.
Have a great weekend and stay healthy.
New here but picked up a few after hours.
Very nice share structure here.
I know absolutely nothing.
What's with all the volume here today....to the downside too?
Things seem to be heating up now.
Was ALPS our favorite MM here? I forgot...anyway....he's gone.
Big week maybe....definitely going to be an interesting week!
Here's a plan then. Announce the buyback of the convertibles on Monday or Tuesday!!
So Wednesday or Thursday we will see the increase. Thanks.
How do you know mailed 4/2?
From the 14C concerning the raise in A/S:
The enclosed Information Statement is being furnished to you to inform you that the foregoing action has been approved by the holders of a majority of the outstanding shares of our Common Stock. The resolutions will not become effective before the date which is 20 days after this Information Statement was first mailed to stockholders. You are urged to read the Information Statement in its entirety for a description of the action taken by the Board of Directors and a majority of the stockholders of the Company.
This Information Statement is being mailed on or about March 31, 2020 to shareholders of record on March 23, 2020 (the “Record Date”).
Probably this week....could be Monday. I got mine a few days ago from ETrade digitally.
Hope they are in final negotiations.
The Rolls Royce is still on hold.
My guess is that unless the company was stupid, there should have been a clause saying they could buy them back at any time.
Maxing the current A/S of 300 million before the 20th could happen. The clock is ticking. Need to buy out those convertibles....and soon.
Same here.
Company stated that it will be late this year. Sometime before May 15.
Good bye.
Got my stimulus today too. Direct deposit. Payable April 15.
Good Friday.
Market closed tomorrow.
Close right on the 50DMA. True 50 day average is .0179 according to premium stock charts.
You are correct. 50DMA is either .0179 or .018.
The proposed increase of authorized shares to 3 billion goes into effect 20 days after it was mailed. It was supposed to be mailed on March 31 which puts it in effect April 20. Now, they are hoping to buy the conversions back this month. Seems they might be on a collision course. If they buy the convertibles back before the 20th, will they cancel the huge increase or change it to a smaller number? Could be a real interesting month.
Today is April 9.....eleven days left for the A/S increase.....maybe.
The clock is ticking.
Market closed tomorrow.
Is that good or bad? First come, first served?
Moving up too.
Volume coming in now.
Volume is not real heavy out of the gate. Maybe people are still asleep.
Ask up to .018.
Definitely moving forward. The increase in authorized to 3 billion a few weeks ago was done to cover the convertible obligations.
Once these convertibles are retired at the end of this month, I look for another 8K or form 14 reducing the authorized shares back down to easily 1 billion and hopefully back down to 500 million.
Seem to be firing on all four cylinders here.
Markets closed on Friday.
Wrong again.
I am wrong. Good Friday is April 10. Sorry.
Short week. Market is closed this Friday for Good Friday.
What 8K? What's it suppose to cover?