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The real question is, why the sudden surge? There is no catalyst to support this movement unless there is something lurking behind the scenes that only the market makers know about. I don't see any news from the boiler room pumpers. hmmmmmmmm
Just more dilution before it collapses down to a sub penny.
Long term play. It's dropping slowly everyday, pretty soon it will be back down to .01. The only way this recovers is some amazing news. So if you are in for the long term which a lot of us are then just watch for MJ news anything other than that rehashed posts of articles released last year or earlier this year are moot and do nothing to boost stock price.
Speculate,everyone else is.
Means the stock is dropping and people are purchasing shares supposedly on a discount. However take that however you want, don't believe everything you read or hear.
I think everyone is waiting for another spike don't yah think?
Hmm what pray tell is going on? If earnings were going to be good we shouldn't see this much of a drop. I smell a rat.
Agreed, if it drops down to .04 I'll buy in, but I don't see this thing moving big anytime soon no matter how many times a certain poster who loves to post in all CAPS tries to pump this.
IF I POST IN ALL CAPS WILL IT MAKE THE STOCK PRICE GO HIGHER?
Really? you know that for sure? They delayed financials usually about 99% of the time it's bad news.
Receives final clearance from whom? Fluff piece. Thanks for pumping.
If this stock is so good why are people pumping this with old articles? Let the stock speak for itself.
Seriously enough with the old posts, It's 2016 show me the MONEY!
Volume gone. Let's see where this goes today.
No sir not you.
Why did my post get deleted? I am asking a legitimate question while other posters are pumping the stock in all caps?
RatFink How much are you into in this company. You feel compelled to post everything in caps and older information which does nothing to move the stock.
Grow Cameras, come on seriously? Let's see I remember a gag gift that had a little piece of hanging rope and when you put it outside if the rope was wet it was guess what!? It's Fing raining! If the rope had snow on it It's fing snowing!
If you are growing weed I will bet you a million shares that your ass will be watching your doobage plant for any signs of distress. If you need a camera to tell you, Hey Mr Doobage is dry, he needs water or more humidity. duuuhh!
BFD, so they buy a camera company. How is this related to sales?
A real analysis, the rest of the posts on this thread are hope and wishful thinking
I wish you all the best of luck.
Common shareholders are going to get screwed. Look at their financials.
The only way this deal goes through is to erase the common shareholders.
When it comes down to the company either going bankrupt or getting a deal the common shareholders are in the way of the company surviving.
Take whatever I have to say with a grain of salt please.
Flat
I have a feeling Pre market it's going to hit 4.00 then drop back down.
Nobody knows whats going on. The ones don't know anything are talking and the ones that do know whats going on are silent.
411 million in liabilities?
Has anyone looked at their financials? If I am reading correctly they have 411 million in liabilities?
181.70 Shares Outstanding
102.18M Float
47.94% owned by insiders
12.44m shares are short
Of course they are going to refuse 300 million dollar deal. If that deal went through share holders are toast.
Yes DOV owns 74 Million shares. He purchased 27,351,407 on 27 jun 14 for a total of $19,693,013.
DOV is going to get paid, share holders I don't think so.
Anyone disagree?
1. Don't fall in love with this stock.
2. Don't fall in love with technology
3. Don't believe the CEO's
Getting listed in the GSA catalog is great and it's commendable but there are thousands of companies that are listed in the catalog who are no better off than they selling from Ebay or a store front.
Don't believe the hype. Don't believe there are sales incoming. Don't hold through earnings.
Trade safe everyone.
Of course they have to accept, you are stating the obvious. They need a 400 million dollar offer before it's accepted.
The offer has to be in the vicinity of 400 million otherwise this is a dead duck, How many shares outstanding are out there? Betcha they erase 80 million in common shareholders.
I am trying to do my DD on this to determine if this is a lottery play and the common share holder is going to get a stick shoved up their rear end and they are going to break it off.
The reason why the $300 mil offer was rejected is because they owe 397 million in debit.
http://www.bloomberg.com/news/articles/2016-01-15/american-apparel-said-to-reject-latest-charney-led-takeover-bid
This is a scary position to be in because we all know the common investor is going to get fucked if the deal goes through.
Hope is not a strategy and hopping that won't happen is a pure gamble.
Expect success but plan for the worst.
http://biz.yahoo.com/e/160115/appcq8-k.html
"The Company also cautions again that trading in its securities during the pendency of the Chapter 11 Cases is highly speculative and poses substantial risks, and that if the Plan currently proposed by the Company in the Chapter 11 Cases is consummated, its common stock will be extinguished and the holders of the common stock will not receive any consideration[color=red][/color]"