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Great point!!! Yes, nice gain on the day.
Thank you Sir
I got nothin on that. I am long, have been, and holding for much bigger paycheck, just not sure how big. I'll leave that to the really smart folks here on the board.
Stock split happened effective today. 1 share for each 100 shares owned. Price was adjusted from yesterdays close and opened at $2.90 and closed at $3.50
You are right on all of what you say. Except, I respectfully disagree with what your final premise is. Just because he has the shares doesn't mean he will sell, again, nothing different than any other company, he just has more of the percentage. Worrisome...yes a bit, but does imply automatically that it is a foregone conclusion.
You owe them some shares...lol
You are so right. Throughout, you made some very good points. One of the better, more informed, more friendly groups of comments I have seen on this board.
They will be buying from anyone who is selling. You are assuming that he is the only one with shares. Even after the split I will have thousands of shares. So will others. Then whether it goes up or down I can choose to sell or keep. The only way he can hurt the shareholders is to dump his shares on the market and drive the price down. Why he would do that and maybe end up losing his equity stake doesn't really make sense, but doesn't mean he wont. That's the risk. Really no different than if Gates decided to dump all hundreds of millions of his Microsoft stock at the same time.
Oh, clear as mud.
You are simply wrong. I didn't say it was an offering, the stock already exists and whatever he, Wang, decides to put into the umbrella is owned by the existing shareholders. So, no matter his equity position, the future shareholders that decide to buy into the stock will drive the price and the present shareholders (who choose to hold) will reap the benefits. Simple as that.
Honestly thought it was kind of a dumb statement posed as a question. There are thousands of stories like this. Facebook for 1. Microsoft for 2 and Apple for 3, Google for 4. All could have been kept private and the owners could have kept ALL the profits (millions and billions). But, instead, they decided to go public, issue stock, and keep enough (shares of stock) back for themselves to at least cover their millions and ultimately make Billions from the stock. Those were by IPO's, this possibly by a RM. So, if Wang is sharing his money, so then do all who take their companies public.
Have been long on this stock for over a year. Been waiting for the company to put out significant info. I spoke to this earlier, but best case scenerio for now is that we RS and the stock just takes on the new value and doesn't go down or goes up slightly. Worst case, as I have seen many times with a RS, the stock goes down significantly over the next week or so and doesn't recover. I hate to say this out loud, but am a bit frustrated by the thought...sorry to other longs...just thinking out loud.
You may very well be correct. Us longs have been been waiting for the company do speak. Maybe now they will.
I think if there were, they'd be buying at this price and not wait for higher...if there is a chance of that happening. I have believed for over a year now and still believe there is hope, just not in a RS. Will have to see. I got in so low, that I will just wait and see.
Ummm, we will just have to disagree on this. Have seen it too often for it to not ever happen. Sometimes they will move it down in an attempt to get some traction, especially and depending on how much they have.
Happens by the MM's when no pressure to buy even without pressure to sell.
Honestly, I'd like to be, with over 2 milly, I will still have a bunch. But, in all the reverse splits I have seen and been involved with, they have ALL, and I mean ALL have lost equity almost immediately, and have never recovered. So this would be hopefully a one off
Do you really think that's still possible since the listing shows the 100 for 1 effective 3/15/2018...that is if I read it right.
Really??? I thought excitement over a stock is what often drives it up
I apologize, for I have honestly lost track of info, but can someone remind me why JINBO group has any relation to JBZY? Thank you in advance. And no, this is not a soft bash, I am long and have been, just don't remember how this is connected. PM me if you would rather but I will not be able to reply
Guess that's why we are seeing red today.
Never heard that saying before, what does that mean?
Might be, but why do you care????
Oh, just a comedian...
A little less vague please...
re: your PM, been there done that...less there than here. Thanks anyway.
Can you back up that claim? Where would I find that info?
That is just willful ignorance. You have seen, I assume, the pictures from the person that actually went to the showroom (in China) and took a test ride right. No, you cannot buy one here in the US and actually doubt you ever will. No different than other products on the market. So, the only way to actually see one is to go over there. Have you done that yet? No, neither have I but am willing to trust the one that has instead of doubt them.
Just looked at the board so didn't follow it all weekend, weren't you the one just last week saying that Big News was coming? Is this the big news you speak of? It seemed as though you were quite positive about this stock, now though not so much. What has changed?
Wrong wrong wrong!!! You have no idea what you are talking about.
Where did you actually see that? Or is that some supposed "unclear" statement from some anonymous source
Whats the news causing this all of a sudden???
I understand, thanks
So, you know for sure there will be no APO here, but you are convinced that there will be over there at HDI**H????? In fact, how can you be so positive of that stock with almost nothing known about the company and yet there has been an incredible amount of DD on this stock and you seem so negative??? Honestly, this is not a bash but a serious question.
Well the bold lettering and statement is just calling out for more info please.
You can make all the deals you want, have all the partners you want, say that deals are coming...none of that matters. The business of business, and as the quote goes, "profits are the mothers milk of stock price". Show us the profits and the stock price will follow.
Orrrr, as has happened in the past when good news comes out.....down. I am long, but have gotten over the "Good news coming" excitement until it does and it does.
Know, I don't think we jumped the gun. We are actually fortunate to have been in early. No, things have not happened as fast as we thought, but doesn't mean much after all. No doubt good things coming. What I actually think is that we knew things long before most often do when good things are coming. I am thankful for that.
Because many of us longs actually believe this is more than...what do call it..."a scam", but in the meantime and while we are waiting for this to do exactly what we expect it will do, we watch the the flippers drive the value up and then drive it down...thereby we are at the present time...bag-holders...but we will not be in the end. Call it what you will for whatever purposes you have, but in the end I have no doubt you will be wrong
Nope...it's the flippers flipping for a few bucks here and there.