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So far, you are right on.
What does that mean?
Not going anywhere at these prices, that's for sure. It's worth a lot more. Have an order in to get more today. A low ball order so we'll see.
That's for sure. I'm down big right now! Am a bit concerned here.
Pre-market is slowly improving! Great to see!!
Thanks. For some reason I thought it was yesterday.
So did the merger go through or not? No press release yet. PM price movement is nil so far!
It looks like we will only get a 16% share of the new company, but I guess that is still a significant value.
I certainly hope you are right!! We'll see how the market reacts. I'm afraid it will not be pretty.
Hmmm. Took a real hit today! Bad timing as usual.
OUCH!!! Guess I guessed wrong! Nothing to do but wait now.
I always get nervous when I jump in late - after there has already been a significant run, but this looks like it still has a ways to go so I decided to give it a shot. We'll see.
Well, shortie got me so far. I'm holding tho.
Looks like some profit taking this morning! Why - if they are expecting good news tomorrow? Unfortunately I jumped in this morning! Bad timing as usual. hope I won't be sorry.
For your sake, I really really hope this works out, but next time, maybe it would be better to spread out your investments a bit!
So you are betting on good results?
No problem. I've won a few and lost a few in making options bets. Losing can be painful! It looks like my bet here on SGYP will be OK though.
It's an option. When you buy a call, you buy the right to buy the stock at a particular price. So in this case, he bought the right to purchase SGYP at $2 on Jan. 19th or any day prior to that. He paid $.25 X 100 for that right so $25 plus commission. 1 call option gives you the right to purchase 100 shares of the stock at a set price.
So, if the price of the stock is anywhere north of $2.25, he makes money. If the stock price is $2.50, he doubles his money because he only paid $.25 and now the option is worth $.50.
The catch is though that if the stock falls below $2 on the last day, then he loses all his money and whoever sold him the option gets to keep the money that he paid. So options are risky, but they also can result in some very nice gains if you hit it right.
If SGYP goes up to $3 by the 19th, he has quadrupled his money. Of course, no one knows what it will do, but it sounded like a good bet to me. The stock price is already over $2.25 so he could sell the option now or he could go ahead and exercise the right to buy the stock for $2 each if he wants. He would probably make more money by waiting and hoping the stock price will increase further and hence the price of the option would increase as well.
Your brokerage account must be set up to buy and sell options if you want to purchase a call option.
Jan. $2 calls for $.25? That was a good deal! Nice buy!
I got some Feb. $2 calls, but messed up in placing the order. I wanted to place an order for $.45, but bought instead at $.55. Not a big position so I'm not too worried. I feel pretty good even at that price, but just sad that I left some money on the table.
Assuming Allergan uses their opt in, that will cap the profits the company can receive, right?
In that case, they will get an up front $25 million I think and then a double digit royalty.
A $25 million payment would mean they would receive a payment worth 71% of their current market cap!
However, as it is not recurring, so I'm wondering what the effect on stock price might be.
There is nothing on the FDA catalyst calendar about that. What catalysts are you talking about?
Maybe, but in their announcement, they did say this:
"Partners which, over time, should generate value for P10 Holdings shareholders."
So, it would seem to me that there might not be an immediate huge jump in the share price. They did say they are still trying to monetize the patents, but this has been going on for some time and so far, at least, has not materialized.
Does anyone know what value there is in these patents?
I would like a few more details, but yes, they did what they said and this announcement is proof, so definitely good news!
Here are the details:
Nice, but we're talking about more dilution here. They are also going to get some free trading shares almost immediately that they can sell. Not sure if they will go ahead and sell or hold to try and keep the price going up so their options become worth something.
I'd rather see progress on the sales front, but at least something is happening.
Gumby, you still holding? I still have some and am hoping for a rebound once next assays are out.
Whatever happened to the 24 million $ order from Brazil? Has that come through yet?
Never mind. I see the sales have begun according to their Sept. 2017 presentation.
Great to have backlog, but that's a lot of backlog. At what point of time do companies get tired of waiting and go somewhere else? I guess they are willing to wait for what they get, so that's positive.
Yeah, I sold most of what I had for a profit, but still have a little. OUCH!
Well, the time of reckoning has come. News should be out by Monday morning and we will have our first official look at the initial assays that have been talked up so highly and have resulted in such a huge price appreciation.
Heard someone say that IR said shareholders should be pleased with the results, but that could mean multiple things.
Anyway, looking forward to the release of assay results that have been anticipated for so long!
Go GGIFF!
We seem to be pulling our neighbor, MTLFF, along for the ride as well.
Long both positions.
Nice job on $ARLZ.
Lately I have been building a position in Garibaldi Resources - $GGIFF or $GGI.V
They have a huge nickel project in a highly prospective area of Canada and they are set to release drill results any day now. Big names have taken positions in the stock and it has been on a tear of late. There is talk of it being "the next monster find". The stock of the company next door, Metallis Resources($MTS.V / $MTLFF) has also has been performing in line with GGI. They too will be releasing drill results this month - any time. Very good results are expected - if indeed they find what they think/hope to find, the stock price will be hugely impacted.
I'm looking for drill results in the next day or two. For the risk averse, you could wait until the results are announced. For others, taking a position here anticipating good (and expected)results might prove quite fruitful.
Let me just say that IF they find what they hope to find, this stock has LOTS of room to run so it would not be too late to jump in at that point. My average is around $2.15 right now and the stock closed at $3.55 today so that makes me happy. Over a 50% gain, but I bought more today at that price as well.
Just for reference sake, the find it is being compared to - Voisey's Bay - was owned by a company that got bought out for $174 or so in that same area of the world. ($4.5 B! I'm assuming this is US $.) Currently GGI.V is $442 million Canadian and $352 million US$.
Sooo, IF it is as big as they think, - some are saying even bigger than Voisey's Bay - IF it is that big, we could be looking at a 10-15 bagger!
Here is the story of Voisey's Bay for comparison's sake: http://www.visualcapitalist.com/the-story-of-voiseys-bay-the-auction-part-2-of-3/
A very interesting story. Eventually
Check out the GGIFF board here for more info.
Other stocks I currently am high on include $CWBR and $HALO as well as $CTEQF. All have very bright futures!
This is just a rehash of old news, right? Nice to see it is still getting press, but nothing new that I could see.
I see. Thanks.
OK, I'm not so good at figures. Thanks. Are you saying the $23 million of revenue is about $23 million of profit?
Floridany,
Is their stock also available on a Chinese exchange?
Before they reverse merged with DOLV, was their stock trading in China?
I would think that a Chinese company would want to have stock that trades in China rather than in the US. Most Chinese would not be able to purchase it in the US, right?
$23mm per year in revenues and $275mm NOLS to offset taxes.
49% of PIOE is worth $25 million in annual revenue and growing every year.
Thanks for posting that. Very interesting!
Congrats on that!
However, it's a bit easier to hold if you are up that much, eh?
Watch and learn -->
I didn't sell, but I wish I would have sold at $.08. Could have made a nice little profit by repurchasing below $.07
It's never stupid to sell if it's going down.