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Option Contract Adjustments: Fidelity has a page (link below) that gives a few examples of when strike prices, etc., will be adjusted. In this case, the pertinent ones seem to be if there's a special div of $.125 or more (that makes me guess some rule went into effect when we were still using fractions and before pricing went to decimals, as .125 would be 1/8th)
https://www.fidelity.com/learning-center/investment-products/options/contract-adjustments
SD options. Yeah, I haven't been involved with that too often, but I think that's only for special dividends, not regular dividends. You might check with your broker to hear their story on it. And then report back to the board, because I'd kind of like to know that myself. Maybe it's only for special divs above a certain amount? I don't know for sure.
Dividend Rules: It's not a silly question, and perfectly reasonable to infer it that way. I've always thought the ex-div date rules were needlessly confusing. I'll summarize, then explain.
Summary: The easiest way to remember it is there are two basic ex-div date possibilities: 1) If div amount is less than 25% of the stock price, then ex-div date is one business day prior to the record date 2) if div amount is more than 25% of the stock price, then ex-div date is the first business day AFTER the payable date.
(If stock is an ADR, then it might be a special separate date, but for most stocks, just those two rules apply)
To further explain for anyone not familiar, the company doesn't set the ex-div date, the exchange does -- following FINRA rules. The whole T+1 thing (used to be T+2, and before that I think was T+3) always seemed very convoluted to me. I think what they mean is you have to allow the day of the trade (that's the T), plus another full business day, for trades to settle. So essentially, you have to buy the stock two days prior to the record date to get the div, and it goes ex-d one day prior to the record date. When it used to be even longer settlement time it was even more confusing for the investor because what if there's a holiday in between, or it's over a weekend, etc? Needlessly confusing.
I wish they would just set up a system something like the company contacts the exchange prior to announcing a dividend, gives the exchange the particulars, the exchange confirms the ex-div date in writing, and then the company announces the ex-div date in the press release. Something like that would make a whole lot more sense. Instead, we have this Byzantine process where the company announces 3 dates regarding the dividend, and none of them are what really matter to the investor. The investor has to figure out the ex-d date himself. lol.
Company gives the announcement date, the record date, and the payable date, and they don't mention the one date that matters: the ex-d date. Crazy system. Can't blame the company because they don't set the ex-div date, but it's needlessly confusing to investors. To a person of reasonable intelligence, if it says the "record date" is the 24th, it's perfectly reasonable to think you can buy on the 24th and get the div. Why should the average person have to know about settlement days and indirectly calculate the ex-div date?
Nutso system, but hey, it is what it is.
With the 25% or larger dividends, I think there are back office settlement procedures that make it easier for the brokers to have the ex-d date come AFTER the payable date, and then it comes with a "due bill" I think, and all this other nonsense that shouldn't be any of our concern.
Just tell us the dang ex-dividend date so there's no confusion. Would be sooo much easier. But it's been this way for decades and I doubt it will change anytime soon.
Here's a link to the FINRA rules:
https://www.finra.org/rules-guidance/rulebooks/finra-rules/11140
HTCR - A good example of small, low-float stocks starting to run more than they have in the past several months. Seems like more and more of these happening, which didn't happen in the depths of the bear market.
SD - The ex-date is today 5/23, so it's already trading without the dividend
AATC - Thanks for posting that news about the dividends, Larry. I didn't see that yesterday. Even a slight increase in the div. Good news for the weekend. :)
SURG - Yeah, sounds like FCC must have suspicions about some providers doing shady signups. Specifically, "providers using alternate verification processes." In doing some searching, it sounds like up till now service providers could ask the FCC to approve their own alternate verification process and then use that process.
That darn near sounds like self-verification. An ISP could submit a plan detailing the process it's going to use to verify people, and then if the FCC says, "yeah, that sounds like a good process" then that's it? They just accept all signups from the ISP thereafter, no questions asked? That's sort of what it sounds like.
SD (16.85) - Kind of interesting that with natgas prices quite low historically, the co announced $2 special dividend, quarterly ongoing dividend of $.10, and $75 million buyback. This dividend always seemed like a possibility because they had over $7 in cash per share and no significant debt. But they'd also filed a shelf offering awhile back and had mentioned in earnings calls that they wouldn't mind doing an acquisition to use up their tax losses. Guess they couldn't find a deal that made enough sense, so they went with div instead. Seems like maybe an acquisition is less likely now. Also seems like the company feels comfortable they'll remain profitable in this tough pricing environment, and perhaps it's even an indication they feel natgas prices will improve from here, cuz they're generally pretty conservative. We'll see.
LMB - Kind of hilarious that the stock is basically at an all-time high and a law firm is fishing for upset shareholders to try and start a class action lawsuit against the company:
https://www.benzinga.com/pressreleases/23/05/g32463493/investor-alert-lmb-andrews-springer-llc-is-investigating-limbach-holdings-inc-for-potential-securi
BUKS - Thought I'd go back and check previous 8-K. I hadn't even noticed, but the son was already terminated in the same way, (last line in the 8-K and not mentioned in the press release) announcing Reedy's appointment to COO on 1/20/23:
https://www.sec.gov/Archives/edgar/data/15847/000143774923001865/buks20230125_8k.htm
BUKS - Sounds like the CEO decided to retire (?), so they promoted the recently hired COO to CEO and then are going to eliminate the COO position. Ok, sounds good, might even save some money.
But I've never seen a previous CEO's departure worded the way it was in the 8-K, sounded like somebody got fired. It also wasn't mentioned in the press release itself. Had to read it twice:
"Effective May 9, 2023, the employment of Clark D. Stewart with the Company was terminated by Mr. Stewart for good reason. Mr. Stewart remains on the Company’s Board of Directors."
https://www.otcmarkets.com/filing/html?id=16647073&guid=AEu-kKzQh-7fJth
I'm terminating myself for good reason, I guess maybe that's to make clear to all that there's no payout due, or some other legal reason? Struck me as peculiar wording. Also, kind of unceremonious way to deal with previous CEO's departure. None of the typical, "we thank him for his service and all he did for the company, etc" It was just, we've hired a new CEO.
Kind of makes me wonder if previous guy was asked/forced to leave for some reason? Maybe trying to save some public embarrassment or something?
AATC - They did say this about the dividend:
"The Company did not pay a dividend in the first quarter of 2023 compared to a quarterly cash dividend of $0.12 per share paid in the first quarter of 2022. The Company delayed the payment of a dividend during the first quarter of 2023 due to activities related to a change in trading venue and to comply with the OTCQX reporting requirements."
Use of the word "delayed" sounds hopeful they will resume things at some point. (The way Yahoo makes you "click more" for the rest of the story annoys me. Half the time I think I've read the entire thing and don't see the "click more.")
Just in case, here's the entire PR:
https://www.otcmarkets.com/stock/AATC/news/Autoscope-Technologies-Corporation-Announces-First-Quarter-Financial-Results?id=400823
BDCO - Yeah, I saw the earnings, but looks like much of it comes from the sale of inventory they'd been holding for a while, so almost seems like a one-time gain to me. Unless there are some odd terms of their contracts with customers that we don't know about. It actually makes me less confident, as it almost seems like you're investing against the CEO, since he doesn't communicate and basically controls everything. Reporting huge earnings as the prices for their products are going down, that's suspect to me. I still hold a few, but am less confident in the company overall because of the lack of transparency
Ha gil, I did the same thing, except I went to SurgePays.com/Products/SurgePhone.
Asked the chat box if I have to fill all this out and how it works. Response I got:
"Allow me to explain how this benefit works; upon approval, you will get a free Sim card where you will receive your monthly mobile data plan of 5 GB at no cost whatsoever. If you are eligible and choose to upgrade your benefit, you can receive an 8 inch tablet valued at $129 for only $11. This (one-time payment) can be processed using a credit, debit or Pre-paid card."
I then asked if I had to do any follow-up paperwork with the govt or do they just reimburse you directly. She responded that they get reimbursed directly and there's no further paperwork for me to do.
-As you're probably aware, but others may not be, almost every cable and internet provider offers the ACP service, some push it more than others. If SURG is really doing this and getting these users, it seems that they are just catching people at the right time at these pop-up tents or convenience stores. My local cable provider periodically sends out mailers with "you may qualify for free internet service." I've gotten several of them and was already aware of ACP. Type in nearly any internet provider and ACP, and you'll see they all offer it. That again is why I question a little bit if SURG is really getting all these users. It could all be true, but seems sort of odd that people haven't already been contacted about it. Could just be that potential users trust their point-of-sale guy at the convenience store, and maybe it takes multiple contacts with the user before he signs up. But it might also be some shady sign-ups.
Yeah, couldn't agree more on, "The entire country is a hot mess of graft, laziness, and totalitarian ideology rebranded as safety and freedom." That's sort of how I feel about this company. Am I contributing to the delinquency of someone by helping them get on even MORE govt benefits, and actually fueling the demise of capitalism and the individual work ethic? Icky.
Even if one does choose to buy, it's a hold-your-nose while you buy sort of a thing.
SURG - Concerns. The "business" is basically being a sales agent for socialism. All profits are coming from signing up people for a govt giveaway (Affordable Connectivity Program - ACP), then the company gets reimbursed directly from the govt for giving it away.
Revenue and Profit breakdown by business segment:
My belief in business is the customer is the person who pays you. Therefore, the company may have lots of users, but the company's sole profitable customer is the govt, thus it's us taxpayers who are paying for this. If you put the morality aside, some other concerns:
1) Agree that CEO doesn't really sound like a CEO. Can't pinpoint exactly, but just seems off.
2) Locations seem like they'd be hard to verify -- were previously using pop-up tents (mentioned on conf call) to sign up non-banked people to all these govt programs, now trying to move into convenience stores, yet website has no "Locations" link for where new potential customers might go if they were using free internet at the library, for example, and wanted to find a place to signup. Sort of feels like website is built for investors, not customers.
3) "Blockchain Technology Platform Hybrid Cloud" is touted on their website, but this appears to be buzzword stuff that is total nonsense. 10-Q says, "Surge Blockchain: Revenues are generated through the sale of various products such as energy drinks, CBD products, and other top selling products in convenience store and bodega nationwide. At the time in which our products are sold at the store our performance obligation is considered complete. At point of sale, our web portal platform initiates an automated clearing house transaction (ACH) resulting in the recording revenue."
4) Company seems to have jumped around from product to product over the years. Never successful at any of them.
5) November 2021 company did a 50-for-1 reverse split
6) Company is dual-listed on something called the Upstream exchange, which is some supposed exchange in the Seychelles that also does crypto, NFT's, etc. This reminds me an awful lot of a few years ago when every stinky pinky was getting listed on the Frankfurt Exchange in Germany. Why? That costs a lot of money. Is their really some massive demand for your crappy pinksheet stock in other countries? Really, seriously? Yet that was always their claim. I always thought one of the more likely reasons was so insiders could do wash trading (to run up the price) in their own stock that was tougher for regulators to track down. Seriously, how many people are going to sign up for some crypto exchange in the Seychelles? And of that small number, how many are ever even going to know about your little company? Seems absurd to be wasting time on this. Can't think of any good reasons, but can think of lots of bad ones.
Finally, can also think of many ways to buy a list of people and sign them up for this ACP program without their knowledge. If a free tablet arrives at your home, with some free internet each month, who's going to complain? Or if all the user info matches up with the info in the food stamp database, does the govt even ask for verification that you sent them a tablet, or do they just start reimbursing you? (There was huge fraud in the govt PPP loans and all that. Criminals in jail were getting big money sent to them. How close is the govt checking this stuff?)
Forget the exact date, but company only started on this ACP govt program about 1.5 years ago. It could all be true, but has a scammy feel. Could go along great for a year or two and then end up a zero overnight if there's some govt fraud discovered, or even if the govt just discontinues the program (though that seems unlikely as we trudge unrelentingly toward socialism). Even if it is all true, it's a very distasteful business that only encourages people to become further dependent on the govt. Ugh.
PACW - thru my broker I see PACW is trying to stem the outflow by offering a 5yr 5.35% brokered CD (callable in 1 year)
OT: Very informative and entertaining article about a solar scam that got many big companies, including Buffett. I lost a lot of respect for Buffett years ago when he said he knows full well that wind power doesn't make sense, but he builds them because he gets the tax break. Yeah, at other people's expense. Munger and Buffett know better and like to talk a lot about honesty and integrity, and yet they're perfectly happy to rip off their fellow man. It's stealing via paperwork. He should refuse to participate in capital-destroying activities and speak up about these tax credits needing to be eliminated, not participate in these deals that encourage even more tax breaks and more shenanigans in the future. This article shows how most of the participants knew they were ripping off their fellow man and most of them purposely didn't want to know too much so they would have the plausible deniability of saying "we relied on the experts."
All subsidies, tax breaks, etc. for all companies, industries, etc should be eliminated. The govt is supposed to be the referee, not determining the winners and losers. Otherwise, you encourage wealth-destroying activities and this is what you get:
https://www.theatlantic.com/magazine/archive/2023/06/dc-solar-power-ponzi-scheme-scandal/673782/
LMB - Yeah, seems more than fairly priced to me too, especially after the run. But CEO didn't seem bashful about the future, "...we believe there is plenty of runway for further margin expansion, net income growth, and continued cash generation."
Maybe they'll have darn good operating leverage going forward and the bottom line just keeps increasing nicely. That was always sort of their plan. We'll see. I sold in the low 16's on the way up and was hoping it might come back down to the low teens to re-buy.
LMB ($20.20) Up 20% today on improved yoy earnings .27 vs (.15). Seems like a pretty heady p/e at this point. But who knows, maybe it's just getting started. Business plan took longer than expected but now kicking in nicely.
Hi mike, you'd private messaged me regarding another company (I'm sure you know what the Heck I'm talking about). Private messaging doesn't work for me on Ihub (even on Happy Hour Fridays) and since I don't want to get yelled at over at the other place, I figured I find an old board to post on where you would still get notified.:)
To answer you, no I really don't know if they'll file or not, or what will happen. I can only tell you that I don't trust a word they say, either Heck or the CFO. I had stopped following the company long ago and the only reason I chimed in over there a while back is because I stumbled across it for some reason and on that board it looked like someone was posting very optimistic things. I don't know any of the people on that board, have no axe to grind with anyone.
But when I saw it was the same names running the company and somehow everything was supposedly fantastic now that they were in bankruptcy, that's when it felt like a poster was trying to lure people into buying shares. In the past, I've been the newbie who listened to the "board expert" only to lose my shirt many times, and I dislike it when it appears someone is trying to hype things that aren't realistic. I'm not some guy who think he knows everything and can never be wrong. Maybe the company will file all its paperwork, it will all be wonderful, and they'll go on to make jillions of dollars. But my guess is the odds for that are extremely low.
Over the years, I've found it best to be brutally honest with myself and not be a cheerleader for companies. Especially for pinkies. That's the best thing for my wallet. Nearly every time I've bought into hopes and dreams while ignoring the red flags, I've gotten taken.
I've found it's best to accept the fact that there are lots and lots of liars running otc companies. And after lots of losses, I've found it's best to just get away from people who are liars. They're not going to turn into angels next week. Liars lie. That's what they do. Those of us who are generally honest, don't understand this easily. We think other people are like us. "They wouldn't lie about that." My answer to that is, "Yes, they would." It took me years to get that thru my head.
Again, for emphasis, because it took me a while to learn: Liars lie. That's what they do.
Or to put it another way, an alligator will try to chomp your arm off. If you try to pet an alligator on the nose, you have no right to be surprised or shocked when it tries to chomp your arm off. That's what it does. If you try a second time, the same thing will happen.
There's a difference between mistakes and lying. Having a poor business plan, bad luck, bad assumptions, etc, those are mistakes. Saying you've got $10million in the bank when you've really only got 78 cents, that's a lie. The former are forgivable; the latter is not. The latter is someone basically telling you, YELLING AT YOU, that they are trying to steal your money. And it's best to listen to them. Best to get away from them.
I can't remember the whole story, but I think the company was reporting earnings and I was intrigued. Started following them. May have even owned shares at one point. Can't remember. If I did, it wasn't a big winner or loser for me. Then if I recall, the co missed a filing deadline, then another, a bunch of time passed, then Heck came out with that preposterous story that becuz the software package they were using wasn't robust enough, the software had somehow accidentally added in $2million in revenue. Thus, the past earnings weren't true. Can't remember exactly, but it was something like that.
And that is preposterous; that is simply not possible. That is a lie.
If you bought the cheapest $1 calculator at the dollar store and asked it to add two numbers together, or two hundred numbers together, it can do it just fine. The calculator doesn't/can't "accidentally" add in $2million simply because it's a low-priced calculator. Even worse, Heck tried to make himself magnanimous. He believed in openness and transparency, we were told, and that's why he was letting shareholders know about this devious software! It wasn't him doing it, it was the software!
At that point I determined that he was a liar and I had to get away from him. I also recall it was in that same letter that he stated he was hiring this fine upstanding CFO who was going to make sure that such a thing never happened again. Here again, I had to ask myself, if I were an honest CFO who was good at my job, would I ever go to work for someone who had just told me such a preposterous story? And of course the answer is no. He might as well have told me that a unicorn came into the office and changed the books, but he's since hired a unicorn exterminator who has cleared the facility of unicorns, so this can never happen again. I mean, it's really that ridiculous. So I instantly concluded that I could not trust this new CFO either. He's either dishonest, or incredibly stupid, or in desperate need of money and can't get a job anywhere else. None of those are good.
So, for what it's worth, that's my take on not just this company, but just generally how I approach things. I just get away from dishonest people. They will infuriate you, take up your time, and steal your money. There is no report they could make, no filing, no anything that would change my mind. If/when both those people are gone, then I might look again.
As Warren Buffett says, "You can't make a good deal with a bad person."
So that's my opinion and how I do things. But you should make your own decisions and do what's best for you, your personality, and your investing/speculating style.
Long-winded answer, but it might help you on this one, or on another down the road.
Best of luck.
OT: In case you didn't see, I doubt this will pass in TX but I at least like that stuff like this is being proposed. If there's a long Fed govt shutdown and more money printing, who knows, maybe more will come onboard:
https://schiffgold.com/key-gold-news/texas-committee-passes-bill-to-create-100-reserve-gold-and-silver-backed-transactional-currencies/
(Couldn't agree more about the culture downfall)
4-week Tbill went off at nearly 6% (5.964). That's up from 3.905% on the last 4-week tbill auction. So even the tbill market is starting to factor in the potential for default and govt shutdown
CDS rates on US debt highest ever. I don't know the exact terms of these things (what has to happen and for how long in order to get paid off -- does it only require one day of missed payments?):
The 1-year premium to insure US government debt against default has risen to 152 bps, a record high. pic.twitter.com/AXnvF2vkAw
— Charlie Bilello (@charliebilello) May 4, 2023
Gold stocks continuing their move as well. Was hoping for a pullback because they've moved so far, so fast.
SRTS - Yeah, and when you listen to it, it was even more odd. Felt like the CEO was almost blaming the analyst for economic conditions. It was odd.
It was also the one part of the call that felt disingenuous. He said, "Well, nothing changed from February to March. It was the same from January to March. As a matter of fact, it was the same from December to the end of March. The inflation has taken over and it's caused a worry coming into the New Year."
Well, that doesn't match up with what he said in the Jan 9th press release, "Mr. Sardano added, “Our anticipated growth has necessitated the expansion of our senior management team." (Link: https://ih.advfn.com/stock-market/NASDAQ/sensus-healthcare-SRTS/stock-news/89936891/sensus-healthcare-announces-senior-management-appo )
If it was obvious since December, then why did you choose to expand and hire more people at exactly the wrong time? Seems like looking for scapegoats rather than being introspective. Deluded himself and doesn't want to admit it.
SRTS - I never got a scammy vibe, but more of a self-delusional vibe. When the govt locked everyone down, no one could go to the doctor, so SRTS (like most businesses) was hugely affected by the lockdowns. I think that created a sort of one-time backlog of business that was going to happen when things re-opened. At the same time they got the increased reimbursement rates which would lead to more sales with no increased marketing expense. They also came up with a leasing program, but that was dependent on low interest rates, which have now changed.
I would say BGFV was sort of the opposite of this company. BGFV benefited hugely from the lockdowns, but it was going to end once things re-opened. It was a one-time blip. Imagine if BGFV mgt assumed continued earnings growth into the future and started buying back stock in the 20s. That would have been self-delusion.
My guess is that's what we're dealing with here. I'd guess there's probably some truth to what the CEO is saying, but I just can't see any reason to be so certain.
SRTS - Wow that really is a stinker of a quarter. Listened to the call and CEO is basically blaming it all on inflation in the sense that lots of people who would have gone to the dermatologist for botox treatments etc have cut back on these discretionary doctor visits. Thus, less visits overall to the derm dr, and thus the docs are scared to buy right now because they're not seeing as many patients. But he was adamant that they'll do 60 machines for the year. When asked why he was so confident he admitted it wasn't from signed orders but said it was from the interest they were seeing and though Q2 will likely be another challenge, the second half of the year is where it will kick in.
My take (which could be wrong) is that to a certain extent it sounded like he was trying to come up with reasons/excuses for why he didn't see this coming. At beginning of this year they hired more people for the expected growth . . . and then the growth didn't come. It's a little concerning that he's adamant about knowing when biz is going to improve when he didn't see this coming. If it's really the economy and inflation, then how is he Nostradamus to know exactly when all that is going to change? They also bought back shares at much higher prices.
The one possible glimmer of good news (which wouldn't happen immediately) is they are approaching more hospital oncology depts. In the past, it sounds like hospitals weren't that interested becuz relative to the high dollar cancer surgeries for all types of cancers everywhere in the body, this little skin cancer stuff wasn't worth messing with. But now, he says reimbursements for nearly all of those surgeries are coming down, so they're looking for new ways to bring in revenue. They sold one system to a large hospital chain becuz that chain was ready to try something new and they minimized the paperwork for approval, but normally this can be a yearlong process.
So that's my recollection of what I heard on the call. For me, I'm gonna wait and see if Q3 comes in with anything. I was high on this company last year in I think it was Q2 and Q3 of that year becuz of the increased reimbursement rates, and easy comps but Q4 was gonna be very tough comp and after that tax changes. It ran very quickly from like $7-8 to the low teens where I exited. It was always just gonna be a max of a two quarter hold for me, but certainly can't say I ever foresaw this sort of revenue and earnings collapse.
I would have liked to have heard more humility. Doesn't make sense to be so certain when he was just so wrong. It may all go like he says, but I'll wait for proof that it's starting to happen. I think there will be plenty of time to buy if/when that time comes.
Energy - Yeah, and to me it's particularly concerning that oil is dropping again, and this is after an alleged production cut that was agreed to. That suggests that demand is collapsing even faster than supply and the economy is perhaps in real trouble. Chinese refineries coming back online is probably a factor also.
Europe natgas also now around $37 down from like $340. Crazy price collapse.
GDC lol yeah I saw that too. Seems like I saw another low-float runner today, but can't remember what is was.
After a few days down, gold and gold stocks were hitting new highs again today also. Seems like more people might be getting concerned about US banking sector, US Dollar, etc, and realizing there's likely to be A LOT more money printing before this is all over.
BDCO ($1.65) getting pummeled today, though it's not atypical for it to have one-day slams down. I've got about 1/10th left of my original size here, sold most in the high 2's. The prices for their products have changed quite a bit, and this company still has plenty of warts on it. Total control by one guy who doesn't talk to investors, tons of related party stuff, etc, forbearance agreement on the loans, etc, so I still consider it very speculative despite the low PE. CEO recently bought about $25k shares at $2.50. Has anyone found anything in the filings to make them optimistic? One of the ways I could possibly see earnings go up rather than down is if they were able to sell off some of their inventory, which I still don't understand why that number is so high and has stayed so high. But other than that, I'm not super optimistic about the next few Q's. But maybe CEO knows something.
PACW was one that had a bunch of insider buying back in March when the banking problems first started. I think most of their buying was in the $15-20 range. Who knows, they might still end up being correct, but right now it's looking like a good reminder that even insiders ain't always correct.
Yeah, doesn't look like any news. And like you, I never would have held into double digits. I had no knowledge of either of these companies prior to them running. Just saw them hit the new high lists. -But in theory, could be a good sign for the markets if we keep seeing runners.
GDC - 3 to 44 in one day. Like TOP the other day, we're starting to see some low float one-day movers on worthless stocks again. Is this a sign of bull market returning? Didn't see many moves like this during the bear market thus far. I wonder if it's a sign of brighter days, or just a couple crazy stocks being manipulated by some group?
FRC - Interesting, It's about 9:20p ET on Friday and still no official word of FRC being seized. Lots of media reports saying it's imminent, lots of "sources say," lots of "people close to the matter say," but still no word from the actual regulators themselves. Usually, it's seize on Friday so you can re-open on Monday.
FRC - Right now it looks like the market's guess is it gets seized by regulators after the close.
OT: Best wishes on your continued recovery
Lol, I've been there. I know the feeling
BOIL and KOLD taxes and K-1's - Just a thought for any of you brave souls looking to trade these but don't want the K-1 reporting. These both have options -- and even options that expire weekly. So you can buy in-the-money and pay almost solely intrinsic value and very little time premium. I'm pretty sure the options are solely 1099 reporting and no K-1. You can trade options in IRAs so long as you get approved (I do it). So anyway, just a suggesting in case you haven't already thought of it.
Gold stocks again filling up the new highs list. Price of gold itself now around $2,045
Amen to hearing all sides and not just cheerleading. Whenever I get too jazzed about a strategy or a company's possibilities, I purposely force myself to go looking for short seller opinions on the stock or listen to any and all negatives that people have. It's in my own best interest to do so.