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Really moving today. I am not sure why people think they can short this stock when 85% is locked up hard. I'm in this foe the long term.
Don't look now...but it's up 5%. Sorry shorty
MAGA. Make Sprint Great Again
What is this CT order about?
Yeah with softbank owning 85% it sure sets up a nice squeeze when the shorts need to cover.
A good day to buy. Added 4k shares
It's in one of the links I posted.
Per Sprint's 2013 merger agreement with SoftBank, the primary owner or one of its affiliates would be required to acquire Sprint's remaining shares at the average closing price over a 20-day period,
Yes
Here....
https://www.bizjournals.com/kansascity/news/2018/01/17/softbank-sprint-stock-purchases-will-end-soon.html?ana=yahoo&yptr=yahoo
Sprint Corp.'s primary owner may end its buying spree soon, as it nears its 85 percent ownership threshold. Since it began buying up Sprint shares (NYSE: S) on Nov. 6, SoftBank Group Corp.'s stake in the company has increased to 84.77 percent . SoftBank previously stated it does not intend to pass 85 percent , which could require SoftBank to buy out Sprint.
Softbank is definitely an insider. They are sprint.
They won't be delisted. They are not going over the 85%. Even if so this is not the same as the negative form of delisting, where a company is tossed off an exchange
What's your guess on the bottom?
Actually you are better off owning before the split.
That sucks.
Which dip did you buy on?
Mine is in a Roth ira. Tax is a none issue
I know right....look at gbtc. Too
So if GBTC continues to go up but price of bitcoin goes down.....should GBTC be buying more bitcoin than the .09 per share (increasing our percentage in bitcoins)?
Easier said than done. I can never time an exit right to get back in cheaper. When I do exit the thing keeps going up.
That's my delima. I'd like to exit to give me some profits and the ability to buy more shares on the dip.....but right now who knows when that will happen.
Why do you pump so hard?
Suprised hoe long my market sell order took to go through. Not many buyers?
401k probably not. I have shares in my fidelity ira though so yes you can on fidelity..... It just depends on the account type
Wish I could buy in my 401k. They don't allow OTC.
Note 2. Going concern and management plans
The accompanying unaudited condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of September 30, 2017, the Company had incurred significant operating losses since inception and continues to generate losses from operations and as of September 30, 2017, has an accumulated deficit of $355,057. At September 30, 2017, MGT’s cash and cash equivalents were $43. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The unaudited condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset amounts or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
Commercial results have been limited and the Company has not generated significant revenues. The Company’s primary source of operating funds since inception has been debt and equity financings. The Company intends to raise additional capital through debt and equity financings. Management believes that it can be successful in obtaining additional capital; however, no assurance can be provided that the Company will be able to do so. There is no assurance that any funds raised will be sufficient to enable the Company to attain profitable operations or continue as a going concern. To the extent that the Company is unsuccessful, the Company may need to curtail or cease its operations and implement a plan to extend payables or reduce overhead until sufficient additional capital is raised to support further operations. There can be no assurance that such a plan will be successful.
Their Financials are concerning though. Hope they get those machines online quick next year
They said 4 million a month
Sure wish I had more. Unfortunately I couldn't buy in my 401k when I wanted to, but did scrap together enough to buy 13 shares. I guess better that than nothing
I hope he does. As long as it involves bkmp and driving the price up
A great buying opportunity. I'm all in
Scorp where are you? We need some good news
We sure should be getting 10 on the deal. I bought more shares today.
In what way?
Thanks, some new ones for me to look at.
Mine. OMB SAR ARNC-B AAPL OUSA ORC KR GIS KO MO TGT TEVA
Scorp, where have you gone? We need some good news.