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Oh boy
Thanks for the hope, sincerely.
This company is the stock market version of kookslams.
And just like that, poof!
But have a longer play in mind here.
In at $200, but scurred!! Sensing a large retrace. Hard to know with govt dying to prop up markets at all costs.
Sounds like a good plan :)
Gltu.
Sounds harrowing.
5 surfers drowned in a storm in the Netherlands yesterday. Apparently suffocated from all the foam that was whipped up. Terrible sht.
Optimistic, but I’m with you.
Still holding here because I’m buried, but hope and prayer has become a vital part of the business plan.
In seriousness, let’s just hope the new managers have good intentions and care about the SHs.
Would that make this stock 1 foot beach break close out in front of sewage facility?
Sorry, that’s wrong, a little fuzz on brain yesterday.
$36 is a pre-split price of $3. More of a reasonable PPS imo.
That’s a pre-split price of 4.50. A bit rich imo. We’ll know a lot more on Thursday.
Ha, no ouchies, I was just acknowledging that you did in fact say that you did not expect a CEO announcement. We’re on the same page :)
Man. Seriously?
Noted, you did say that.
Can only hope the new management actually gives a damn about turning the company around.
Why do you think that? They’ve disappointed in basically every earnings call over last year plus.
But listen, I sincerely hope you’re right. Still holding here out of pure hope to just recover SOME of my paper losses.
Why are you expecting a CEO announcement on earnings call? If they have a new CEO, they should’ve announced it already. You install a new rudder on your sinking ship, and you don’t tell the sailors?
I’m just as much expecting a disastrous announcement, like business is at risk of continuing as a going concern.
No reason to expect the shit-showness of this company to not continue.
Only thing that makes a real difference is cutting expenses. The opex and capex are disgustingly out of control.
I generally agree, but selling ATM will depend on when/whether they need the money, regardless of PPS. Financials will advise on how much money they’ll need to raise over next few Qs.
Sad how badly this company’s been managed.
Got it, thanks. That spells trouble for any near-term post-split dilution.
The split won’t make a meaningful difference here imo. It will cause a short-term drop when people see 7-8 bucks and backwards psychology tells them that’s a much bigger number than what we’ve been trading at.
The real issue is revenue and cutting of expenses. If company shows a real road to improvement, price will stabilize. If no improvement on those issues, company’s in trouble, split or no split.
Other issue is dilution, of course. But even with diluting another 30 percent, which I think is the max currently available program, they’ll be ok if the revenue and expenses improve. PPS will be depressed because of the added shares, but it will rise when the proper market cap is reflected. Company’s not worth 10B, but again, with a path to profitability (even a longer-term one), it’s worth a heck of a lot more than 861M.
Yeah dude. Bummer
Considering the PPS is so depressed, you think a write down would have a major effect on it? It may be challenging to evaluate the actual market (real market, like liquidation) value of some of their assets, but I might bet the PPS reflects already written down values.
This board has become a Ricki Lake show.
Is this language required by SEC/NYSE for all companies doing a RS?
Dude. Who cares what anyone on iHub is doing. Some good info here, but their trading volume influences pootsy.
Agreed. Not certain they will take advantage of the extension, but I bet they do.
The R/S is bad, but they also announced “modest” revenue growth. This is almost as bad news as the split imo. Why hope for a large revenue quarter?
SEC has allowed a 45-day extension for 10-Qs, so probably won’t see report until June 30.
How crazy TVIX really is:
https://mobile.reuters.com/article/amp/idUSL1N2BG0T5
“The fund's prospectus warns that a drop in its calculated value to or below 20% that of the prior day's could trigger a liquidation of the note.”
Love it, though. Fascinating.
Thanks for the thought.
Hi all, hope everyone is being safe.
Any thoughts on bounces here? It’s pretty depressed. How long can SA-Russia was continue?
Glad to see total disconnection between the company and the filthy stench of Booth and Cam. Wish they would sell all their shares.
Hopefully we eventually get bought out for something like $3/share to recoup some losses. Trying to be hopeful.
Stock is up a bit on this news, amazingly. Those guys were a cancer that needed to be cut out.
Most welcome. Agree, an extended time horizon resolves almost all global issues.
Best of luck on all your trades.
This is most interesting (and reassuring) for the medium-term, excellent article imo.
https://slate.com/technology/2020/03/coronavirus-mortality-rate-lower-than-we-think.amp
People will continue to dump shares quickly in the face of bad headlines, so TVIX will probably continue to head north in the short-term.
Ideally, buyout comes before they run out of cash :)
You mean the list at the bottom of the link you sent? That’s a daily volume list.
Sorry, opened the link inside the article, brought me to a twitter feed. Pardon if I missed what else you’re referring too.
Well, they keep finding more moons. Maybe we’re headed to a slightly closer moon?
Super excellent call on TVIX btw, holler.
Sorry, what list are you referring too?
Def a hot mess
Loveee Capitan Ron
Very interesting new board appointments.
Another excellent resource:
www.lol.com