Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
A credit of a least $10 million has occurred already!! 5.5 million shares to 4 million shares!!
$15.75 at end Q1 and 1.5 million shares x $15.75-$7.50 = $8.00 difference is credit!! 1.5 million x $8.00 = $12 million actually!!
GLTA
ID
With this logic PEIX should do very well!!
They should do well over 10.00 or 11.00 in EPS this year, well beyond my earlier projection of "nearly 9.00." Put a P/E of just 16-20 on that and you have a $160-$220 stock (REX closed yesterday at 62.47 and is trading premarket in $64-65s as I type)
there is no plan to pay a divi "for the foreseeable future."
Thanks but I am trying to understand Q2 share net profit!! My predictions are between $1.11 and $2.56 the ONE thing I still do not understand is the "fair market value of Warrants" That to me will give me a clearer picture of share value!!
Like value1008 we are trying to get a better picture of where this is going!!
I still predict either a buyout of us or a dividend in Q3-4!!
GLTA
ID
Not to worry I am in at $2.40-2.50 area and bought some in the $10's and will buy more yet if she breaks $14.50!!
And if she goes below $12.00 again!!
My goal is Nov 2014 before I sell most of my shares!! End of Q3 earnings!! and after 1 year of holding!!
I have some other shares in which I am trading!!
GLTA
ID
If people looked at that this would NOT be only at $13.00 a share!!
INCLUDING Institutions!!
But look at share plus or minus at end of quarter at end of 2 quarters etc.!!
If you take $(0.69) and my low ball of $1.11 we ONLY get a profit of $0.42 a share for half a year!!
Would their be happiness yes BUT not as happy if you take the high
as if $(0.69) and $2.56 we get a profit of $1.93 a share!! for 2 quarters!!
That is TRIPLE THE AMOUNT!! which would propel this to at least $27.00 a share!!! or double the PPS today!!!
GLTA
ID
Makes HUGE difference for People who buy the stock!!
Why do you think this TANKED to $10.00 a share??
All people understood was a LOSS OF $0.69 a share!!!
GLTA
ID
This becomes the REAL QUESTION!! For Board!!
Fair value adjustments and warrant inducements.................................................. (2,520)............... (35,844).......................(10,000)
Revised My PREDICTION FOR Q2 Net INCOME-PER-SHARE IS $1.11!!!! as of May 27, 2014!!
......................................................................................................... Three Months Ended.......Three Months Ended........Three Months Ended
......................................................................................................... December 31,2013..........March 31, 2014...........June 30, 2014(estimate)
Net sales.................................................................................................... $ 215,290...............$254,543....................$280,000
Cost of goods sold.......................................................................................... 193,694............... 215,998......................242,000
Gross profit (loss)............................................................................................. 21,596..................38,545........................42,000(4 plants working)
Selling, general and administrative expenses........................................................ 4,372................... 3,670..........................4,200
Income (loss) from operations............................................................................ 17,224..................34,875........................37,800
Fair value adjustments and warrant inducements.................................................. (2,520)............... (35,844).......................(10,000) (5.5M down to 4.0M gives adjustment now) And the more the warrants go down the bigger this becomes in the positive!!(As long as PPS stays at $15.75 if higher then less of an effect) See last post for this value!!
Interest expense, net......................................................................................... (3,688)................. (4,351).......................(2,000) (As per CC)
Loss on extinguishments of debt........................................................................ (1,240)....................—................................—
Other expense, net................................................................................................ (31)....................(227)...........................(200)
Income (loss) before provision for income taxes..................................................... 9,745..................(5,547)........................25,600
Provision for income taxes...................................................................................... —....................(3,270)........................(3,200)
Consolidated net income (loss)............................................................................ 9,745..................(8,817)........................22,400
Net (income) loss attributed to noncontrolling interest in variable interest entity........ (1,152)................ (2,009)........................(2,000)
Net income (loss) attributed to Pacific Ethanol.................................................... $ 8,593..............$ (10,826).......................20,400
Preferred stock dividends.................................................................................... $ (319).................$ (312)........................$ (400)
Income (loss) available to common stockholders................................................. $ 8,274.............. $ (11,138)....................$ 20,000
Net income (loss) per share, basic....................................................................... $ 0.55................. $ (0.69)....................$ 1.11
Weighted-average shares outstanding, basic and diluted....................................... 15,293...................16,181.......................18,000
GLTA
ID
Depends!! Is it a 1 or 2 year study that would make at least till 2017 then another 6-12 months for analysis and then application for drug another 1 year!!
So if all goes well another 3-4 years!!
Will $75 million be enough??? Burn rate now is about $10 million per quarter!!
So likely not and to keep above $1.00 a share will be a challenge so likely they will need another R/S sometime soon!!
GLTA
ID
Not really!!
CEL-SCI estimates the total cash cost of the Phase III trial, with the exception of the parts that will be paid by its partners, to be approximately $31.3 million after May 15, 2014. This is in addition to approximately $13.3 million which has been spent as of May 15, 2014.
No he did not!! As per below!! The guys who own these are cashing out!! The question becomes why???
My theory still is a buyout of this company in Q3-4!!! Everything is getting liquidated to stock!!
Optional Conversion Rights
Each share of Series B Preferred Stock is convertible at the option of the holder into shares of our common stock at any time. Each share of Series B Preferred Stock is convertible into the number of shares of common stock as calculated by multiplying the number of shares of Series B Preferred Stock to be converted by the Series B Issue Price, and dividing the result thereof by the Conversion Price. The “Conversion Price” was initially $682.50 per share of Series B Preferred Stock, subject to adjustment; therefore, each share of Series B Preferred Stock was initially convertible into 0.03 shares of common stock, which number is equal to the quotient of the Series B Issue Price of $19.50 divided by the initial Conversion Price of $682.50 per share of Series B Preferred Stock. Accrued and unpaid dividends are to be paid in cash upon any conversion.
Mandatory Conversion Rights
In the event of a Transaction which will result in an internal rate of return to holders of Series B Preferred Stock of 25% or more, each share of Series B Preferred Stock shall, concurrently with the closing of the Transaction, be converted into shares of common stock. A “Transaction” is defined as a sale, lease, conveyance or disposition of all or substantially all of our capital stock or assets or a merger, consolidation, share exchange, reorganization or other transaction or series of related transactions (whether involving us or a subsidiary) in which the stockholders immediately prior to the transaction do not retain a majority of the voting power in the surviving entity. Any mandatory conversion will be made into the number of shares of common stock determined on the same basis as the optional conversion rights above. Accrued and unpaid dividends are to be paid in cash upon any conversion.
No shares of Series B Preferred Stock will be converted into common stock on a mandatory basis unless at the time of the proposed conversion we have on file with the Securities and Exchange Commission an effective registration statement with respect to the shares of common stock issued or issuable to the holders on conversion of the Series B Preferred Stock then issued or issuable to the holders and the shares of common stock are eligible for trading on The NASDAQ Stock Market (or approved by and listed on a stock exchange approved by the holders of 66 2/3% of the then outstanding shares of Series B Preferred Stock).
Exactly I know no others from OTCBB to OTCQX to NYSE!!!
Man what a RIDE!!!
GLTA
ID
So that means MORE DILUTION??? until then?? That 5 Billion A/S does not seem to far off!!
ID
The OS was told to be 3.1 Billion NOW IT IS 4.1 BILLION DILUTED 33%!!!
ID
WHY SELL STOCK IT MADE OVER 1 million PROFIT???
Why dilute???
ID
Made HUGE money this AM seems you are losing now!! LOL
ID
READ THE FILING!!! HERE IT IS!! DILUTION!!!
http://www.otcmarkets.com/financialReportViewer?symbol=MYEC&id=120972
ID
DOWN!!! Mark my words!!
ID
THE COMPANY diluted 1 BILLION shares when he said CEO gave 1 Billion back!!
His pocket to company pocket to sell shares!!
ID
I DID SELL MORE at $0.0475!! MAKING HUGE MONEY NOW!!!
ID
PS I have never shorted a stock in my life!!
Correct longs selling and rebuying lower!!
ID
Good luck to you on that!!
ID
SELLS FIRST THING and DOWN SHE GOES!! GAP AND TRAP!!!
WATCH OUT ALL NEWBIES!! THE LONGS WILL BE SELLING!!
ID
I GAVE IT TO YOU 4.1 BILLION O/S in filings!!
ID
MARKET CAP SHOULD BE 33% less today SELL THE NEWS BUY THE RUMOR!!
ID
WOW DILUTED TO 4.1 BILLION AFTER GIVE BACK!!!!
ID
You guys ALL KNOW that the OS was DILUTED of March 31, 2014
Total shares outstanding:
4,117,470,000
Bottom likely the PAR SAR on daily chart!! At $16.48!
http://stockcharts.com/h-sc/ui?s=JNUG&p=D&b=6&g=0&id=p25022405754
If she breaks down that this goes into $10-12.00 a share!!
GLTA
ID
Matters not just keep stop losses in place!!
GLTA
ID
Out JDST at $24.38 and into JNUG at$17.52!!
Man I love these charts!!
GLTA
ID
I put on my glasses!! LOL
I apologize!! Miss read what you were commenting on!!
GLTA
ID
Production is STILL at least $1 million per tonne!! And they are going to sell it for same cost or LESS???
That work is scientifically sound, but with production costs that could exceed $100,000 per kilogram, it is difficult to see how these programs could capture a significant part of the textile market. Kraig is able to produce its genetically engineered spider silks, including Monster Silk™, at less than 1% of that cost."
Here is why about $3.10 or so!!
Watch the PAR SAR for upper limit on any rise in PPS and watch the 200DMA for any low!!
I think in 1-2 weeks as 200DMA goes up that this gap at $3.10-20 will fill!!
That is where I have my buys at now!! And it will be an EXPLOSIVE down and up!!
http://stockcharts.com/h-sc/ui?s=PLUG&p=D&b=7&g=0&id=p29522366979&a=301710997
People want a reason why this low here is why!!
I hope not for all longs but if it does get that low BUY for the bounce back up!!
GLTA
ID
I am looking at an entry at $3.10 or less!! A gap to fill there!!
Making to much money on jr ETF's about $5-8,000 a week!!
I am about to go to next level and play with 2000 shares per trade!!
And double that!!
I have time until then on PLUG!!
GLTA
Charts do work!!
Thinking about trading for a living!! Now!!
Hope you are not in to big!! That 10Q was disaster!!
Only 630 units maybe out for Q2??? NOT GOOD!!! My bet MAYBE only 450!!
GLTU
ID
Do you even know what you wrote??
That metric thing is confusing, so that would be $1M per metric ton. Somewhat less interesting...
it would be a lot less than that..
I think Kim will sell the silk for 10 - 20 times that (540-1100/kg)
but his cost will be no more than a regular silkworm farm
Bought JDST $23.30!! Looks like JNUG down tomorrow!! HOPE not for longs but this is just for a few days more !!
GLTA
ID
If I was going to buy one of the 2 stocks at end of day would be JDST safe play for either trade!!
As day gets closer to end will likely buy that stock for tomorrow!!
Then depending on chart will play JNUG if opens lower or more JDST in AM to avg down!!
GLTA
ID
Tomorrow will be interesting!! Either she opens at $18.60-18.80 ( or above $19.00 30 min chart 200MA)OR she goes down to around $17.00 as per 2 hr chart!!
Above the 50MA or above the PAR SAR!!! I am thinking more above the 50MA!!
http://stockcharts.com/h-sc/ui?s=JNUG&p=120&b=6&g=0&id=p52948928868
One she starts up and bleeds down or one she starts low and goes up!!
Made $1500.00 today!! Had $17.25 buy in yesterday which I was surprised that she went that low the LAST 1 MINUTE IN THE DAY!!
Sold out at $18.30 this AM and bought JDST and made $0.50 a share on this today!!
I missed the boat on JNUG going up later in the day!!
So I have no buys in at present!! May change if something changes in chart at end of DAY!!
GLTA
ID
NA!! I want some more shares at $9's for new and old RETAIL shareholders to load up on!!
Come on chart please play it!!!
FILL THAT GAP!!!
I can wait another 2-3 months for PPS then to go up!!
GLTA
ID