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Sure looks like it saw a ton of large big red blocks today hhhhmmmmm 15K 22K 18K etc etc
We got this thing bro. EOM
Agreed its manipulation at its finest. And as you said before low volume.
And the MM games begin. EOM
Agreed I do not know what it is maybe a momo earnings play like you said from varying groups will suddenly stop? Its like its in its own little world. LOL Hopefully not to many investors getting wrapped up in it being talked into averaging down, ouch.
Hopefully many investors took the time to bail a month ago and are now just trading it trying to make up some losses with swings like we saw yesterday it could be done depending how deep in it you were. And how ballsy you are to risk enough to make it worth while to try and trade back some of those losses into your pouch.
Best thing for its survival is to let it get there and let him do his magic IMHO.
LOL yeah sure he did, LOL.
Your guess is as good as mine this thing truly defies all realistic factors I just wonder where the $$$$ buy volume is coming from this is no trip zero P&D play, we are talking some serious cash flowing in. Crazy
Those 9500 shares were real sells yesterday which is astounding to me, but some get very worried when MMs drop bids to get weak shares. No short selling yesterday at all which is good been to much of that the last couple of weeks thus the price we are at now, but its on anemic volume its irrelevant. Its just a low volume move that happens but with the last 5 days of trading being mostly buys at the ask you should know its not gonna drop its just a head _uck kind of thing.
Take the emotion out of it its obvious its not where it should be with the market cap being equal to just the working capital the company has with another acquisition coming but its immaterial and its ludicrous. Do the DD read the filings company buying shares, cash, credit line at a major bank for acquisitions without share dilution and company buying back shares, those are positives they are the best positives don't let the bid ask play games with your mind.
Alright good trading out there today all. Peace out.
Agreed and this latest piece of old touted fluff that has zero to do with the big picture.
GE’s Advanced Gas Path Upgrades Generate $775 Million in Total Customer Value Annually ..........uhhhhh BFD
I mean seriously there was a large sell block the entire day on this thing and yet people were ponying up and laying down money for this total farce. Well it is enlightening watching the machinations Wall Street big $$ goes through as this thing unfolds and they sneak out the back door.
Cya tomorrow for the next chapter, wonder what BS they will dust off and throw out there as breaking news tomorrow, I mean it seriously is starting to look like a P&D play in the trip zero sub penny jungle. LOL. Peace out.
Utterly ridiculous, that's why I am afraid to play with this thing, the more I watch it the more it scares the shit out of me. I do not want to be the one left holding the hot potato when Wall Street $$$ is out of shares I see this thing just plummeting quick. JMHO.
That cannot be a real sell, has to be a short, but, if its not NITE can get his shares and let this thing loose already. Peace out.
Agreed, definitely not what I expected on the day thus far, we shall see.
Damn NITE got that thing spread out, 5K shares traded at .09 in 14 months and those short shares and he is thinking someone is gonna sell @.0821?? This thing is gonna pop, mark my words. To many shares shorted since Mid-March and only buys coming through NITE cannot hold it down forever. Peace out.
Looking weak today......maybe we finally see some serious droppage.....all the rumors and touting over? Bag-o-tricks just might be empty. Peace out
$SKAS 10K out turnaround complete
From 10Q 3rd quarter
“The third quarter of 2017 showed improvement in year-over-year comparisons, as anticipated.” stated Ron Ricciardi, the Company’s President. “Similar to Q2, the third quarter again narrowed the gap in comparison to last year’s results. With the final of three phased reductions taking place on January 1st, the full 50 percent reduction of air tour activity is fully realized in 2017. The first phase was implemented on June 1, 2016 and the second on October 1, 2016. The net effect of these reductions will continue to challenge year-over-year quarterly comparisons throughout 2017. The first quarter 2018, notwithstanding other additions to the business, will be a true apples-to-apples comparison.”
Website https://sakeraviation.com/
A/S 100,000,000
O/S 31,978,149 as of January 30, 2018
Insider held shares 13,405,971
Float 18,572,178
Market Cap $3,517,596 ??
Assets $6,548,662
Working capital $3,368,610
Cash $1,724,504
And they have a revolving line of credit $2,500,000 just renegotiated on better terms with a new bank as per March 21, 2018 8k. The company is actively seeking its next acquisition.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12639452/content/html
Company in the middle of a share buyback totaling 2.5 million shares which was initiated rather than doing a R/S which had been previously voted on and approved. As of the 10K filing January 30, 2018 of 1,673,190 shares have been bought back.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12505193/content/html
In 2017 company acquired a FBO hub at Garden City Regional Airport.
Garden City, Kansas airport hub its facilities and services.
https://www.airnav.com/airport/KGCK/SAKER
Their operations at the Downtown Manhattan/Wall Street Heliport
https://www.airnav.com/airport/KJRB/SAKER
They also rent out the helipad for movie and tv filming.
Shares are currently priced about half book value and should be trading .20+ IMO due to the book value, company’s active share buyback and new credit facility for another acquisition this year.
A solid investment for someone seeking a company that is actively growing and going through the right motions to increase the company’s share value.
Stock currently has a heavy short position in it. Only sells for two weeks have been shorts they have to cover at some point.
https://otcshortreport.com/company/SKAS
$SKAS 10K out turnaround complete
From 10Q 3rd quarter
“The third quarter of 2017 showed improvement in year-over-year comparisons, as anticipated.” stated Ron Ricciardi, the Company’s President. “Similar to Q2, the third quarter again narrowed the gap in comparison to last year’s results. With the final of three phased reductions taking place on January 1st, the full 50 percent reduction of air tour activity is fully realized in 2017. The first phase was implemented on June 1, 2016 and the second on October 1, 2016. The net effect of these reductions will continue to challenge year-over-year quarterly comparisons throughout 2017. The first quarter 2018, notwithstanding other additions to the business, will be a true apples-to-apples comparison.”
Website https://sakeraviation.com/
A/S 100,000,000
O/S 31,978,149 as of January 30, 2018
Insider held shares 13,405,971
Float 18,572,178
Market Cap $3,517,596 ??
Assets $6,548,662
Working capital $3,368,610
Cash $1,724,504
And they have a revolving line of credit $2,500,000 just renegotiated on better terms with a new bank as per March 21, 2018 8k. The company is actively seeking its next acquisition.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12639452/content/html
Company in the middle of a share buyback totaling 2.5 million shares which was initiated rather than doing a R/S which had been previously voted on and approved. As of the 10K filing January 30, 2018 of 1,673,190 shares have been bought back.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12505193/content/html
In 2017 company acquired a FBO hub at Garden City Regional Airport.
Garden City, Kansas airport hub its facilities and services.
https://www.airnav.com/airport/KGCK/SAKER
Their operations at the Downtown Manhattan/Wall Street Heliport
https://www.airnav.com/airport/KJRB/SAKER
They also rent out the helipad for movie and tv filming.
Shares are currently priced about half book value and should be trading .20+ IMO due to the book value, company’s active share buyback and new credit facility for another acquisition this year.
A solid investment for someone seeking a company that is actively growing and going through the right motions to increase the company’s share value.
Stock currently has a heavy short position in it. Only sells for two weeks have been shorts they have to cover at some point.
https://otcshortreport.com/company/SKAS
Right on right on just a friendly shout out. You guys seem to have it well at hand. Peace out.
Better make sure that's a real deal, Harmel at the head of this thing too? Sorry ahead of time unless you bolt while the hype is good. Peace out.
WTF whats with all the dancing around with 8000 5000 whatever shares? We're talking what $600-800? Seriously....kids playing a mans game. Or maybe MM nonsense who knows.
Peace out.
$SKAS 10K out turnaround complete
From 10Q 3rd quarter
“The third quarter of 2017 showed improvement in year-over-year comparisons, as anticipated.” stated Ron Ricciardi, the Company’s President. “Similar to Q2, the third quarter again narrowed the gap in comparison to last year’s results. With the final of three phased reductions taking place on January 1st, the full 50 percent reduction of air tour activity is fully realized in 2017. The first phase was implemented on June 1, 2016 and the second on October 1, 2016. The net effect of these reductions will continue to challenge year-over-year quarterly comparisons throughout 2017. The first quarter 2018, notwithstanding other additions to the business, will be a true apples-to-apples comparison.”
Website https://sakeraviation.com/
A/S 100,000,000
O/S 31,978,149 as of January 30, 2018
Insider held shares 13,405,971
Float 18,572,178
Market Cap $3,517,596 ??
Assets $6,548,662
Working capital $3,368,610
Cash $1,724,504
And they have a revolving line of credit $2,500,000 just renegotiated on better terms with a new bank as per March 21, 2018 8k. The company is actively seeking its next acquisition.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12639452/content/html
Company in the middle of a share buyback totaling 2.5 million shares which was initiated rather than doing a R/S which had been previously voted on and approved. As of the 10K filing January 30, 2018 of 1,673,190 shares have been bought back.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12505193/content/html
In 2017 company acquired a hub at Garden City Regional Airport.
Garden City, Kansas airport hub its facilities and services.
https://www.airnav.com/airport/KGCK/SAKER
Their operations at the Downtown Manhattan/Wall Street Heliport
https://www.airnav.com/airport/KJRB/SAKER
They also rent out the helipad for movie and tv filming.
Shares are currently priced about half book value and should be trading .20+ IMO due to the book value, company’s active share buyback and new credit facility for another acquisition this year.
A solid investment for someone seeking a company that is actively growing and going through the right motions to increase the company’s share value.
Stock currently has a heavy short position in it.
https://otcshortreport.com/company/SKAS
$SKAS 10K out turnaround complete
From 10Q 3rd quarter
“The third quarter of 2017 showed improvement in year-over-year comparisons, as anticipated.” stated Ron Ricciardi, the Company’s President. “Similar to Q2, the third quarter again narrowed the gap in comparison to last year’s results. With the final of three phased reductions taking place on January 1st, the full 50 percent reduction of air tour activity is fully realized in 2017. The first phase was implemented on June 1, 2016 and the second on October 1, 2016. The net effect of these reductions will continue to challenge year-over-year quarterly comparisons throughout 2017. The first quarter 2018, notwithstanding other additions to the business, will be a true apples-to-apples comparison.”
Website https://sakeraviation.com/
A/S 100,000,000
O/S 31,978,149 as of January 30, 2018
Insider held shares 13,405,971
Float 18,572,178
Market Cap $3,517,596 ??
Assets $6,548,662
Working capital $3,368,610
Cash $1,724,504
And they have a revolving line of credit $2,500,000 just renegotiated on better terms with a new bank as per March 21, 2018 8k. The company is actively seeking its next acquisition.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12639452/content/html
Company in the middle of a share buyback totaling 2.5 million shares which was initiated rather than doing a R/S which had been previously voted on and approved. As of the 10K filing January 30, 2018 of 1,673,190 shares have been bought back.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12505193/content/html
In 2017 company acquired a hub at Garden City Regional Airport.
Garden City, Kansas airport hub its facilities and services.
https://www.airnav.com/airport/KGCK/SAKER
Their operations at the Downtown Manhattan/Wall Street Heliport
https://www.airnav.com/airport/KJRB/SAKER
They also rent out the helipad for movie and tv filming.
Shares are currently priced about half book value and should be trading .20+ IMO due to the book value, company’s active share buyback and new credit facility for another acquisition this year.
A solid investment for someone seeking a company that is actively growing and going through the right motions to increase the company’s share value.
Stock currently has a heavy short position in it.
https://otcshortreport.com/company/SKAS
Well shows we have plenty of cash on hand after buying back shares and redoing the Kansas facility and completing the purchase of it, which is looking much more professional almost like we are going to build a chain of them which would be nice Saker Aviation Services coming to an airport near you, lol.
We have a more working capital YOY $3,369,000 up from $2,812,000 and a new $2,500,00 credit line at better terms, just have to wonder what will the next acquisition be, we know they are looking for one and have been.
The earnings per share I think is kind of conservative, I understand as of Dec 2017 they had not bought the 1.6+ million shares back yet and the 800k+ yet to buy back but .01 its more like .015+ but Saker was never one to hype etc. And at the end of the day for a year where we were looking at losing .03+ a share one has to be happy it turned around quicker than expected, so a hats off to management there.
I for one am looking into the future when we do have the majority of our business outside of NYC because the income taxes there are insane.
Parts inventories are up no doubt dude to the Kansas operation.
I just want the next acquisition to drop so we can head to .50 land which is without a doubt in my mind a certainty, its inevitable with shares being bought back, if they add another similar operation as Kansas or even larger I cannot see this stock not trading that high and we all (long holders) know that's why they floated the RS Idea was to get to the bigger trading market so they can start to grow exponentially.
But everyone here who does read this board knows it boggles my mind that this stock is trading where it is. No other stock that makes the money per share this does trades anywhere near this the market cap is simply ridiculous we have working capital equal to the market cap for real? Whatever it will go up sooner or later, maybe it should go block chain or grow some pot LOL. Those stocks can dilute lose 10's of millions and still trade in the stratosphere LOL.
I am happy they went the buyback route though never been a fan of RS's take share out of the float price goes up eventually.
2018 is going to be exciting indeed look forward to the 10Q for 2018 first quarter results they are definitely going to be up YOY from a significant loss to a significant turnaround.
Thanks to the management for getting the job done in an efficient and timely manner. See you all for the 10Q in 6 weeks.
Peace out.
Looks good as expected if not for Q1 would have been a different picture, going to dig into the 10K in the morning. The new FBO did what it should and took up the loss from the tourism chopper flights which reductions are now fully implemented. Just as management stated in the 3Q report......
“The third quarter of 2017 showed improvement in year-over-year comparisons, as anticipated.” stated Ron Ricciardi, the Company’s President. “Similar to Q2, the third quarter again narrowed the gap in comparison to last year’s results. With the final of three phased reductions taking place on January 1st, the full 50 percent reduction of air tour activity is fully realized in 2017. The first phase was implemented on June 1, 2016 and the second on October 1, 2016. The net effect of these reductions will continue to challenge year-over-year quarterly comparisons throughout 2017. The first quarter 2018, notwithstanding other additions to the business, will be a true apples-to-apples comparison.”
Now just need to get another acquisition, which may already be in the works with the new $2.5 million credit line in place.
Peace out.
Exactly, I wasn't being political before just pointing out the truth, sometimes the truth hurts. And the touting thing like a trip play I still think that's the case, I wanted to play this under $10 once I could see it was toast to maybe accumulate some free shares.
But after the WBuffet rumor and CNBC touts I could see it was all BS so big $$ could get out.
I also hope Trump lets this take its course, let it go bankrupt get broken into pieces sell off the parts. But, who knows what will be done with it, I do not see it as a trade anymore because who knows when the bottom will actually fall out it will be like some pump plays all of a sudden you realize you have no one to hand the hot potato to.
I hate seeing this happen to a once fine US company, JP Morgan is rolling in his grave right now no doubt. Peace out.
Good questions on the conference call Dan especially on the focus on the getting to the bread and butter of the company and getting away from the gaming end. Its always a negative with that BS I almost feel that someone in there maybe the old man has a hard on for the gaming side, that's why I asked if anyone local had any insight into it.
Its a totally negative looking future with that business more casinos more coming etc etc, quit focusing so much time and money on that nonsense casinos are for the shady and the ones with little man complex "I'm a big man now I have a casino" BFD what are you in the damn mob or something like screwing the waitresses. Sorry to be so blunt but shit get over it already. $$$$$ nothing else its a losing business now and will be in the future end of story. Put you big boy pants on and admit defeat, you @#$%^&*( up now cut the losses and bail.
Will still accumulate at the very lows. Hope someone finally gets their head out of their ass and starts to see how things are in the real world.
Peace out.
Any possibility they can get their costs down serious drag on the stock insider buying or no insider buying.
Not bashing it, actually been looking at it for a while just seems to many pigs sucking at the same eat. What do these people do that is so damn important, not going anywhere till that's sorted IMHO.
Anyone have any insight on the matter, if not it seems stuck in the same channel and continued downward trajectory. Peace out.
Been looking at this one for quite a while looks like the time is right will look for an nice entry this week to take my first taste.
Another fistfight Monday and then it goes up JMHO.
$SKAS a brief run down on the company for anyone looking.
Saker Aviation Services SKAS
Website https://sakeraviation.com/
A/S 100,000,000
O/S 31,978,149 as of January 30, 2018
Insider held shares 13,405,971
Float 18,572,178
Assets $ 6,694,307 of which $ 2,095,728 in cash
And they have a revolving line of credit $2,500,000 just renegotiated on better terms with a new bank as per March 21, 2018 8k. The company is actively seeking its next acquisition.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12639452/content/html
Company in the middle of a share buyback totaling 2.5 million shares which was initiated rather than doing a R/S which had been previously voted on and approved. As of the 10K filing January 30, 2018 of 1,673,190 shares have been bought back.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12505193/content/html
In 2017 company acquired a hub at Garden City Regional Airport.
Garden City, Kansas airport hub its facilities and services.
https://www.airnav.com/airport/KGCK/SAKER
Their operations at the Downtown Manhattan/Wall Street Heliport
https://www.airnav.com/airport/KJRB/SAKER
They also rent out the helipad for movie and tv filming.
Shares are currently priced about half book value and should be trading .20+ IMO due to the book value, company’s active share buyback and new credit facility for another acquisition this year.
A solid investment for someone seeking a company that is actively growing and going through the right motions to increase the company’s share value.
Stock currently has a heavy short position in it.
https://otcshortreport.com/company/SKAS
Peace out
He is a P&D specialist always check the posting history before even thinking about taking anyone serious on this site. I follow the Canadian boards on this stock, they are more up front and realistic.
The blockchain thing was all part of the hype of the moment play for him blockchain this blockchain that is just like all the other hypes, shit I still remember when a stock would triple in the late 90's just because they started up a website.
If you like the company I would sell on the next spike and if you lose some wait 30 days and rebuy lower and only accumulate bidding when it hits its lows. Less risk to the downside and greater reward to the upside. That way you can use the loss on taxes.
I am not deep in this thing traded it a few times during the hype but been watching and researching. The CEO and largest shareholder is straight up as far as I can tell as are the other companies he is involved in. I have done google searches and cannot find anything negative or shady about him or the companies, it was just a hype scheme by pumpers here, sorry you got caught up in so many do.
I want to see the 10K and then I will make my long term decision to accumulate in earnest or not, I am leaning on the will side but still have to read that filing send a few emails and get retern emails with answers yo any questions I may have that I can double check like I do all my OTC longs. Good luck to you either way.
Peace out.
Most important numbers for me besides the revenues rising Q4 over Q3 will be that hopefully these numbers can continue their downward trajectory.
Sales, General and Admin
1,769 Q1
1,438 Q2
1,188 Q3
Peace out.
3.7 million shares are held short on this thing, could be interesting week, we shall see. Peace out.
Before the 10K comes out does anyone have any info more than we already have (someone living in the area) about the dispensation of the Casino court nonsense?
That was such a cloud hanging over this thing I will be glad when its over and we see it in writing. From what I can gather it ended negatively but it isn't going to end up costing as much as it could have.
I for one am just glad the lawyers fees etc will come to an end. Would like them to get out of that casino crap once and for all its a minuscule part of the company and only seems to bring drama, sell it and be done with it.
Casinos are such shady enterprises to start with full of unsavory characters. The aviation side of the business is where its at solid as a rock and a real business, no need for greasy fingers mixed up in that and by that I do not mean aircraft engine grease.
I have only been able to accumulate 130K shares thus far playing the roller coaster/ping pong ball nature of the stock during the uncertainty during the court BS. Want to start accumulating in earnest but want to see a clearer direction with the end of the casino and its court BS in writing in paperwork to the SEC.
Ok, well any insight from anyone living in the area that may have more knowledge on the situation would be appreciated. I look forward to the 10K to get a clearer picture going forward.
Peace out.
Well the week was odd as far as trading goes not the usual volume towards earnings, always has volume after the 10K and 10Q but usually has quite a bit before.
I am going to post the relevant info for the stock once more tomorrow more concise and to the point makes for an easier read.
After this coming week I am going to make a point of being the high bid everyday on this thing. I see what the short on this does they short it down then sit on the bid and cover slowly, good move on their part but I am going to at least try and put a halt to that I have another 400K+ shares to get to my million shares so I will just be the bidder it fills I will put it up again.
Maybe the short will move on to greener pastures, there is just no reason this should be trading at half book value and with such a small float I am going to use this time to snatch up all I can while the getting is good.
Okay have a good one all, if there is anyone out there even reading these posts probably not. Should have just not even bothered, just wanted to bring in some other like minded investors here on a good stock there are so few. Or at least start a conversation to discuss the company and its goings on.
Truth be told I don't have the time and I am not trying to be Captain save a ho, explaining short and MM moves the company and proper investment in real companies with real earnings and real futures.
Peace out.
Damn shame what that crew does to people EOM
Strong again yesterday, but the shorts keep hitting it for some reason, its odd.
https://otcshortreport.com/company/SYTE
March 29 283,218 254,782 89.96%
Almost 90% of the volume were shares being shorted, that why I bid the stocks I am in with shorts on them and do not slap the ask I am by no means an investment guru but have a lot of experience in the OTC market. I never help them out slapping the ask when they are shorting it I leave that to them when they have to eventually cover, and they will they always do.
Cannot wait to see the 10K gonna be great compared to the last 3 years that's for sure.
Although it did make money in 2014 it will not compare to this years. And the turnaround management has accomplished in the two years they have been in control is commendable indeed.
Go from losing 900K+ to losing only 100k+ to this year making 2+ million and yet the shorts picked this thing to short I do not get it. So many easy short opportunities out there 95% of the OTC is wildly overpriced and this for sure is not one of them.
Ok, I am off have a few companies I been looking at for a while that are where $SYTE was a year, year and a half ago, gonna take the plunge and start the accumulation game there if all bodes well with their 10K's and continues into their 1Q results.
Have a great weekend all, and I am not telling anyone what to do, but if it were me and I wanted to increase my position I would bid it not buy it, lets the shorts sort out their own problem. It will go up there is no rush let them pay the ask price and push it where its going. You get more shares and the stock stays stable and they (shorts) lose their strength little by little. But at the end of the day you do whats you think is best for you.
Day to day price means nothing its where its headed with management doing the great job they are plain and simple.
Peace out.
Agreed
Ok I covered, not because of worry that it won't continue to fall but the $14K profit will be turned over 5-6 times by the time this POS hits under a buck. Too many shares shorted and too many will be covering slowly for the same reason as I am. Thanks for the dough. To all you hangers on since my first post wayyyyyyyyyyyy before I went short take this as your opportunity to exit, my last bit of free advice. Short covering is the only thing that is keeping it up and that is coming at a snails pace as it should no reason to cover in a hurry with this dog. Take care. Peace out.
Neither of the Texas based companies are a fraud they just got hoodwinked by the CEO and CFO look for lawsuits to start dropping IMHO.