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And like we have discussed before, management will still want to have a controlling interest, therefore keep a lot of them. Plus, I suspect we get some kind of news of a share buyback within the next 6 months or so.
The problem was a combination of things....MM manipulation, shorts covering, and the PR not really having any "meat" behind it. A lot of what was in the PR was just rehashing what we already know. We need the financials with projections. That will move the stock upwards without having it crash right away. It seems like .017 is solid support and .027 is major resistance. We will probably hang in the .019s and low .02s until we get something else. Rest to sure, this could randomly move upward when we least suspect it. The MMs can manipulate all they want and decide when they want this to run. We get the bread crumbs. That's probably why it's best to just hold. Sure it would have been nice to sell at .027 today but nobody in their mind thought it was going to come crashing back down. Everybody was calling for .03.
Honestly anything is possible. We could be sitting at .05 plus next week or still in the high .02s.
A close above .025 would be very nice!
A close of anything above .02 should start to signal a reversal pattern and our next leg up should begin shortly!
Just like clock work. Support held well at .017 this morning, a little churning in the .018s and now starting to climb back up. I think we close in the .019s or low .02s. Next week sometime we should hopefully start the next run.
Agreed, this just seems like text book consolidation after the last run. It always seems like you get a couple of days in the red before the next leg up.
This seems to be getting ridiculously cheap unless they are diluting.
I expect buying pressure to heat up well before June 6th just on anticipation. Just like many others have said, we might even get them early. Either way the next couple of months should be very good.
Which everybody was anticipating. Nobody was expecting APT's financials to be released today, therefore no disappointment. If anything we move up again based on the tax advantage we gain bc of loss carryover.
What is the 50 and 200 day MA for SPLI? Does anybody think this was just a dead cat bounce?
Wow it seems like the market is getting pounded in general and yet we are holding ground!
One would think that this stock is due for a decent bounce even if it's just a "dead cat" bounce. Wow this stock has fell off a cliff of late. IMO, it has to do something with share structure. I just might have to take a chance and buy in this week. It can't possibly sink that much lower.
Very well said!
Not at all! Bottom line, I think we all know the potential of this company and where it's heading.
Thanks I appreciate all your hard DD!
Yes but whether they are restricted or not and whether management plans to sell them, I believe they still have to be factored into market cap calculation. The float is definitely MUCH lower and they has to be factored in the pps as well since there is much lower shares being traded.
Thanks. I think it might be a little premature for people to start giving valuations above .10 until we reduce the outstanding shares. I think we can reach .10 but anything over that might be a stretch with the current outstanding shares of approximately 4 billion.
It's so hard to say with penny stocks. Momo can definitely move them and give them some crazy valuations. Just look at the MJ stocks. I think APT is about as real and solid of a company you can find in the penny stock world IMO so it wouldn't surprise me to see this run hard some more if other penny stocks that are WAY MORE speculative than this can do it.
I agree as well. I think a reverse split is highly unlikely based on that.
So I'm right, since market cap is simply pps multiplied by "outstanding" shares. Right now we are valued at (.025 * 4 billion) approximately $100 million dollars. I'm not saying this is bad, I just wanted to get valuation straight. I personally think they will buy back shares very soon. Even without buying back the shares, we could be valued at $200 million market cap based on future revenues of at least $20 million a year.
I still think it's probably factored in calculating market cap. 4 billion shares * .05 puts a $200 million market cap on the company. I think that's reasonable considering the revenues they are expecting to bring in the future plus company's assets. I might be totally wrong on calculating the market cap too. I'm not sure if restricted shares are factored in. Like I stated as well, I suspect they will buy back shares shortly.
And what does it say?
Does anyone know if restricted shares getting factored in the calculation for market cap? With restricted shares (that come due in a year) we have approximately 4 billion shares outstanding. I suspect APT will be buying back some of these shares.
The way I see it right now is anything under .05 is VERY LOW RISK based on APT's current revenues and revenues projections going forward. I feel very comfortable buying anything under that price. I personally think this has the potential to reach .10+ in the very short term but would not feel as comfortable buying over .05 the way the penny market works.
A/S doesn't really matter at this point. The authorized shares has been at 20 billion before the merger. Market capitalization is based on outstanding shares.
How low do you think we go before we head back up?
I expect financials released within the next month or so. Maybe .10 - .15 by beginning of June.
The way I've seen other companies move (SPL*, mycheck) with the revenues APT is already producing, I would have to guess this has the potential to run to .10-.20 before a major pullback. Really anybody's guess at this point though. I would have to think at the very least this company has to be valued at .05 as is.
Agreed. That's what is scary is how much revenue the company is ALREADY making. 99% of OTC stocks trade on hoping someday to generate APT's revenue.
This stock is looking mighty attractive at these prices. Very oversold and the RSI has completely reset.
If it breaks .015 I'm out and will buy back in once it has bottomed
IMO anything less than .03 is a no brained.
Looking to buy more but waiting to see where this mini dip bottoms.
BEEN AT WORK ALL DAY. LINK TO PR PLEASE. THANKS IN ADVANCE!!!!!!!
We have to look at this stock from a high level point of view. So say there is 4 billion outstanding shares as of now. Simple math makes the market cap as of right now (.0095*4b)$38 million. For crying out loud, the company is most likely producing revenue in the $12 - $15 million per year. Short of the company having huge debt (which I highly doubt) this stock is greatly undervalued as of right now. As most of you know a lot of stocks are valued at a multiplier of current revenue. If we do a typical 10x 12 million revenue per year (being conservative on the revenue estimate) that puts us at $120 million which is 3 cents per share. We just need the financials and an official PR released to solidify this company!
Even with 4 billion outstanding this company is undervalued at .01 which the revenues they are bringing in. Wouldn't be surprised to see them buy back shares shortly down the road.
You're right......in the pinks there are stocks with similar share structures they don't have near the revenue that APT is bringing in, that are valued WAY HIGHER than this. You have to factor in some type of PE multiplier especially with a company like APT that has continually increased revenue year from year.
So we have a product with an array of positive random internet reviews, I did a google search and found this relatively quickly.
http://www.dirtbikeworld.net/forum/showthread.php?p=1506465
The way I see it this plays 1 of 2 ways PPS wise.
Scenario 1: 45 Million in 2014 revenues if the company experiences growing pains and possible set backs while trying to do so much in a short period of time. In this scenario 1 year from now the market cap would be 3-4 x revenues or 135-180 million. Using a 4 Billion O/S with the new authorizes restricted shares and dilution on the 900 Million we can calculate (135,000,000)+(180,000,000) / 4,000,0000,000 = .03375-.045 or 300-400% higher than we currently trade.
Scenario 2: 65-70 Million in Revenues, big Mexico PR explaining the website that says "coming soon", international shipping demands met PR, agreement with US military equipment possible? Husqvarna product sales go up PR? Bump up the market cap to 280,000,000 and using same 4 Billion O/S (even though 2.7 billion of this wont hit the market for 12+ months) and you get .07 or over 700% higher than we currently trade.
Since 2.7 billion won't hit the market for some time, what happens if we get all these positive PR's and the float stays around 1.3 billion for the next 12 months, where would the PPS be with 60+ million in revs and all the positives that come with a growing american company going public?
280,000,000 / 1,300,000,000 = .21 PPS, or 2100% higher than we currently trade, and that doesn't include any human emotion, greed, or PR's that only APT employees currently know about. Let that marinate. Enjoy your weekend folks :)
Is it me or does the whole market in general look bad the past couple of weeks.
IMO this would be at least at .30 - .40 right now if they would have been shipping by Christmas. This delay is becoming flat out bs. They missed their opportunity to beat a lot of the others out ( Amazon) with an impressive streaming box.
Hoping it trades this way for one more week so I can pick up some more shares. Eventually this has to bust out of this tight trading range.