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Or else what? I have read with with some concern that some people feel that by suggesting harm to Jared if this deal does not go through as expected will influence his decision. I should hope that people understand that this is a criminal act and an arrestable offence for inciting voilence.
I will not be thrilled by any means if a deal is not struck, and will strongly lobby all legal avenues to either investigate or otherise pursued a reversal but will certainly fall well short of any threatening behaviour
I am with you too with 8 million @ $.0164 average
Unfortunatly on the downside.
I am shocked to see this happe today, I was not expecting a big up side but lower no not today or anytime this week.
I would have to travel more than 3000 miles but I will be right there with you.
Good point, I sold almost all of my big board stocks thre weeks ago and have watched them all climb, I cannot believe how the market is being over bought. Unemployment is going to be 11-12% by the end of the year and inflation might well be the same, so where is the growth going to come from?
Ya can and you will be glad you did or just hold what you have and cash in your several thousand percent gain in a few weeks / months
I hear you but if is going to feel like the "Green Mile"
I am really starting to enjoy this board now, every 10 or so posts are intelligent insightful honest & well tought out. This is a solid company with an exciting future, glad to be a part of it.
And that is exactly how quick things can occour. EESO @ sub $.02 is an absolute steal.
I get your point and feel you.
I am struggling with my own judgement as to whether I should have bought so much myself, I have taken the approach that it is too good to be true and kept that doubt on the top of my list when doing my own DD for the past three months, I now have a list of pro's and con's the pro's now vastly out weigh the con's.
PPS will come, there were those in the past few days that were saying that EESO would tank after the "fluff" PR but if they really took time to read it and do DD on what was said then they would come up with a differnt opinion.
But you or anyone should do your own detailed DD then if it does not work out then you only have yourself to blame arther than the bashers who seem to never make a mistake it is always someone else's fault.
All that being said I think we migh just close green today. Not by much but green.
I think that the Q 1&2 will and should be looked at holistically, whereas a growth trend will be established in those 2 Q's then the market will be able to extrapolate those number for the entire 09, unless of course with the financials there is guidance given on an accelerated sales growth for the rest of the year and beyond, then all bets are off, no longer will we be talking in cents, we will be looking at "whole numbers" !
I think that there is a chance of a partnership (less than 10% chance) and if that does occour then the pps will rise on its own volition once the Q1&2 audited accounts are published during the Q3 period which has been stated.
Once those are released then the facts will speak for themselves.
Right now there are too many naysayers that think that the PR's are all smoke & miirrors I for one am not in that camp, this stock is going to make me rich, I am willing to take the gamble.
Ditto, I am actually shocked that the pps is where it is at the moment. I thought the information that came out yesterday was excellent and am really looking forward to either Friday or if the buyout does not happen (my bet is that it does) or the next 2-3 years when this stock will fly.
In any event we know for sure that if the buyout does occour then the PPS will be north of $.10 so at sub $.02 pps today this is a crazy discount.
Regardless of what the shorts and bashers say, (why they are here I have no idea) I KNOW I will be able to retire in less than 2 years on the profits I will make on EESO.
8 million strong and long !
Last month, it was stated that the buyer had 30 days to submit a counter offer. It did NOT speak of accepting or rejecting that revised offer within the 30 days. There was no mention of the time frame for accepting or rejecting the revised offer. But what we do know now is that a decsion will be publish on Friday the 15th at some point during the 24 hours in that day.
I hope this clears it up for you.
Come on guys read the posts it clearly says NEXT Friday, so that would be May the 15th (fifthteenth) 2009
Personally I think you are wrong on the weakness of the PPS if there is a rejection.
However I am considering changing camps (I thought there was going to be a rejection and I was OK with that too) in light of the verbiage used (we all sound like Bernakes speech critics here!) but either way the decision goes next Friday as long as there is a mention of the buyer there will be little effect on the PPS. In fact I think in the weeks after a rejection the stock would rise just on the fact that now as many have said this afternoon it will "put up and shut up" the bashers.
For me the posts by IReeso were far more valuable in my decision making whether to hold or not.
I am now completely convinced that I will hold and wait for the consequences next Friday, it just so happens I will be in Vegas for a friends wedding what timing !
Wait a minute are we not still owed a PR? did not "Mark" say that the franchise would be named? and that it was a household name that everyone would recognize? That would speak to current on going sales.
Exactly what is next Friday? the buyout news?
I really like your thinking. 2:45 hours to go, is the anticipation only killing me here?
I understand you. I also believe that the buyout will be rejected, I think this will have a short term effect on the stock but it will not waiver me from my goal which is to hold for 2+ years to really see the true value of this company.
IMO the current stock price is not reflecting the projected annual sales for 09 as well as the recently rejected offer of $.10, IMO it shold be trading at least in the $.05 range, so currently it is way off of that number.
What I find curious is that in the past three weeks there has been about 25% (500+ million about $10 million worth) of the O/S shares traded, with the pps bearly moving, at least really not enough for a risk & reward trade from a flipper, so once again I ask the question where are these shares coming from? and who is buying them?
Only 11 hours to go for the day so some PR should be coming if the IR dept keep their word.
Hope that funny feeling is that it is not going back to TZ's
What are you talking about???
YOU KNOW NOTHING !!!
This is a pink sheet stock, you and other uninformed persons liek to keep referring to "the Big Boys" as of right now this company has a market cap of $37 million that is microscopic in the world of stocks and finance, hell I own 8 million shares, but it is still small potatoes in the grand scheme of things.
Get real, this is a VERY small company that has potential to grow, to put how small this Co. is for example BAC has traded almost 140 million shares @ about $ 10.50 or about 40 times the market cap of EESO already this morning.
So I state again YOU KNOW NOTHING !
I read all of the MB's and when I bought this stock several months ago, I bought it on it's potential not the prospect of a buyout. I have stated that if there is a buyout (I personally think there will not be) then I would invest the windfall into the aquiring company.
Got a little trouble with the maths there big guy, which undermines your insightful analysis !
You wrote,
"I'm 100% sure that it is not coming because I know how pinkies work. If I'm wrong you will be very happy and I would be happy for you but that chance is less than 1%"
You are mad if you do this, I am an owner of DNDN and the about 10 days ago there was a bear raid on DNDN which took the stock from $27 to $11.50 in 70 seconds taking out all of the stop losses in it's wake, the stock was halted until after hours where it resumed trading at $22 but all of those people that had a stop loss were without their shares. I am sure you have read about it. Luckily I did not have a stop loss so I still have my shares, it has however hurt the stock and is currently still under short pressure from the hedge funds who had/have a 20+% short interest, had the stop losses not been there it would have just have been a blip and the short hedgies would have lost a mint in this action, but as a result in the stop losses they were able to cover at half the cost of normal trading range and they are still at it.
So my recommendation is not to put a stop loss in unless it is at or above your target sell price.
It would make a solid statement if we can close IDH @ EOD let's route for @.02+
Bang on, I have been saying this since the last rejection, there are too many delusional dreamers here, well happy with $.25 however expecting either another rejection or $.17 at best.
Dude, really you think that??
Not a chance, this company if far from a 1,2,4 billion company.
Yeah future sales great, big contract super, but you are way off your mark, maximum tops $.25 pps IMO but I would be just as happy with PR's on sales and let the pps grow, I am in no hurry, I can see this Co. be worth $.65 pps in 3-5 years.
I agree, I have stated that on a previous post but got zero comments back. I am a betting man that is why I invest in the pinks (as well as other BB stock) but what you are saying is what I am betting on.
We will know in a month or less if we are right.
It is more like 8400% but I understand your point.
I think that there are too many people on the MB that are,
1, expecting a massive number buy out to make them rich instantly
2, expecting massive sales figure PR's
3, that announcing a restaurant chain contract contract is going to shoot this stock up to $.06-.09
4, think that "Jared" is the new messiah
"Jared" is being treated like a favorite uncle on this board and it is sad, very sad. I do not know the fella, but I am confident that he is a decent chap, but they way he is revered on this board is disturbing.
It is a bloody stock people not a evangelistic conference, an investment, sure it does not necessitate being personal, but if an investor has a legitimate gripe about the flow of information or how the poster thinks the company is being run then they have every right to question the judgment.
When I see that no one can say a word against the company specifically "Jared" without getting bombarded with attacks from the "faithful" I get a little nervous.
I understand how Jonestown was established.
I think that we will se an increase in the pps this coming week, I also think that it will struggle to get above $.045 with 1.97 billion share (the 300 million are supposedly not in the current flat) are just too many to let this stock run that high, there are those that claim ther is a large short interst, from what I can see that is not the case, ther will not doubt be calls for a "short squeeze because they have read that somethere else). There will be many many people that did buy in the trip zeros that are going to be looking at very healthy gains if there is a move above $.02 who will cash in, more power to them, that is what investing is all about, very happy for them. But in my opinion the quantity of O/S will keep the exponential rise in check; all that being said it will the consolidation, for a significantly stronger base that should occur later in the year after the Q1 & 2 financials are published to prove wrong the naysayer.
I personally will be looking to take advantage of the up tick on Monday & Tuesday to lock in some profits but keep a significantly larger portion of my holdings for the long term.
BTW for any other poster that is reading my rant, can we stop this four word post crap. If ya really have nothing to say then don't bother to post, it is pretty annoying to have to read though 30 posts to find a poster that has something worth while to say. Mind you there are a few and those I really look forward to reading.
Regards to all and good luck to the investor (not the shorts I never bet on anyhing loosing)longs next week and beyond.
Hmm that might be a tad hopeful. I am long on EESO but I still think it is a stretch to suggest that they will make $73 mil net profit out of a projected $34 mil gross sales for Q1 if you believe that the projected $136 mil in sales is equally divided into four quarters.
I like your thinking though
WOW, now that is DD, you should consider a career as a PI
Dude....... I respect your opinion, but it is just that "your opinion" as is mine, however I will not stoop to disparaging your opinion as you have mine, a healthy debate I will be more than happy to engage in.
Perhaps what I did not make clear is that ESSO are supposed to be filing audited financials at the end of Q2 (or sometime after that but before Q3) and I would hope that is the case going forward. Once this has become public then of course all will be clear and proper valuations can be calculated based on these numbers.
I too agree that those on this and other MB’s that claim the company is presently worth $1,2,3 pps are going to be terribly disappointed when the facts are published.
I do however stand my rough calculated opinion; I will glad to read through your estimated valuation.
My calculations were as mentioned just my opinion.
What would the point of that be? If there is a buyout (which I think there is but I also think it is going to be rejected again) then the naming of the big franchise customer is moot.
I personally would be more than happy with news of some solid contracts with a mention of their tenure and values.
If they are (contracts) what all of the longs hope then more buyout or partnership offers will come, but in the meantime while that may be in the winds the stock on it's own volition will rise solely due to the fundamentals of the company, not on hype, not on traders pumping so they can flip it.
If the progress of sales are as good as we are lead to believe by the company exec's then if you take a YOY sales growth of just 35% for the next 5 years, this company will have annual sales in the region of $610 mil per annum, and I think that 35% might be a little conservative.
Not knowing exactly what the GP is, or the NP the real value and projected value (ability to calculate the P/E multiple) of this company will not be known until audited financial statements are published. Now that is supposed to be due sometime in the not to distant future (end of Q2)
In any event just for arguments sake the NP is about 12%, so in 5 years this company could potentially have a net earnings NP of $73 mil, if the growth factor is close then by all market standards the PE should be expected to be at least 20.
That should put the pps in or around $.73 I personally can wait five years to reap that kind of reward, there are few if any companies even in these market depressed times that could project that kind of growth, 4300% in five years?, we would have to go back to the DOT COM bust to find increases like that.
So even if there is no buy out but there is a PR on solid sales growth, do you really think that the forward thinking investor is going to bail and the PPS goes back to trip zeros? Not if you take a little time to think about it.
Let’s see what time brings and we can swap thoughts some more then.
Now is that $.02, $.20 or $2 ? and on what volume?
It appears that you can short this stock, at least according to the Pink Sheet web page, there are currently over a half million shares short.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=eeso