Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I thought a brutal market day would send this one to around .89 intraday. There is not enough interest in buying or selling I guess.
Crappy stocks will be the first and hardest hit.
being one who believes this is a "crappy stock", although good company. I think this is the best news received in years. $24 million is chump change. They have until the end of the year to come up with that?....ladies and gents, come on...they will have this paid for by the end of summer. With all debts free from the aquisition and most old warrants now in the clear I think you guys should be really excited...I mean pop the bubbly excited! Now, unfortunately this is still a crappy stock and some unforseen circumstances will always get in its way of taking off.
I believe its legit, but this is a Penny Stock. Penny Stocks are open to all kinds of manipulation and very few come to realization and fair evaluation. Anytime it gets traction some world event quickly knocks it lower than wence it came. Too, too many forces are working against you guys.
An Auditor can be in NY, or Bejing...they do not have to live or barely even be present at the facility.
Even if the deal is a bust you still have a decent eps..should be able to stay above a buck.
My post from last week..
His pont may be that the constant dump of shares is simlpy Red Chip making payroll...paying bills etc. I know that video probably cost about $300 to make...they probably charged 50k or about 40k shares to LPH.
Maybe I am Silverline..maybe I am.
If you chose to stick around you are probably looking at 1.30s late next week.
I totally agree. I got out a few weeks back because of the same thoughts. If and once that does happen..the price will not just trickle down like now, but fall significantly. There has to be thoughts of pulling out of American markets all together.
You guys are getting like Chicago Cubs fans, they blame a goat for never winning a World Series. A friggin goat!! The truth is they've had a crappy team for 105 years. LPH is just a crappy stock...sure there are some good stats here and there...maybe a few good and a few bad managers from ime to time..but the plain truth is , this is just a crappy stock. I'm sorry to offend...delete me for saying something bad about El PEE ACHE. But it's time to grow up and get a new team. Look, the Indians are having a great season...go root for them for a few months. I've been around since the Bradford Pump of 09'..its time to step away..I encourage you all..go..go kiss a girl or something. you'll look at this 10 years from now with great shame for wasting so much time and thought on this stock. You could have learned a new language by now!
I'm a buck fifty seven...i'm peacin out
Just wait till next Q.....we'll really get'm then !! Is anybody still going to hold this thing??
Unimpressed looks like the sentiment today...green slips away
Word actually got leaked on Friday about the accounting problem, hence the RED on Friday before earnings. Do you think this will deserve a halt??
Friday before earings week and we end RED...this is again a very bad sign. Even if earnings are close or on target this will continue to plumet after the release. Even with all the new possible income this will go nowhere. There may be a halt in the near future and a few may have been tipped off. This is getting real bad.
I believe RedChip gets paid in LPH stock, so they must constantly sell blocks of it just to pay the bills. This subtle selling before earnings in the past has meant somebody knows something. Don't look for an earnings miracle.
On the other side unfortunately there is no "Run Up" to earnings. This means the PE will become desparately low....suspiciously low for institutional investors. $3 or even $2 may be fantasy.
Anybody that has been following this stock for a few years knows it's distain for $3.00(although I think the 2 buck level is the new 3) How will this dillute at 3 if it never gets there? Will the deal not go through? Will it get hung up in limbo for a few years until more cash is put forth? Could they just get a bigger loan?
You know if it even got close to say 2.80 the selling would be so immense that it wouldn't have a shot at ever getting to 3. I'm glad the Rif Raf has sold off as a side note.
" swing back up" This one never really worked like that in the past..save maybe once with the Nevallier pump. So I gotta say no, never a big up swing over a relativly short period of time. In fact 2 green days in a row is a rare find in the past 12-18 months. 1 step up 5-7 steps back has been the more the rhythm.
Sorry, got confused with the YMB.....someone there said Redchip said worst case could be a drop to .90....
If Rechips new target is .90...why hold at all??
If they announce next week that the aquisition will no longer go through, due to massive de-valuation, and too little capital, and too low share price to dilute...will the PPS go up or down? Will that be good news or bad?
Why get them now...they will be down below 1.50 within a few days....maybe even .91 before May.
LPH's silence is their admission of guilt. Toups can't wait for the 1 year to end...if he resigns it will look real bad. i'm sure a team of cut-rate lawyers and bean counters are holed up in a Chinese version of a Motel 6 ordering take-out American and sweatin over stewed books.
Holy Smokes!!! Now What???
This Stock has had maybe 5 GREEN days since October...just incredible odds with RED days on any stock with positive earnings.
In between all the arm waving and high fiving on CNBC Friday a very interesting point was made. Investors are running out of American Companies with low PEs and will again visit Emerging Markets. "Investors will now take a Risk-On approach due to the higher prices of American Equities". THE CLIMATE IS RIGHT
RRu2s PE is on T-hub but not yahoo...yes t-hub
There's my 2.30s...I'm thinking the trend up should start..again not radical.
Get ready!!
3-5 PE will now be the new norm as I stated a few weeks back. "wait till May" is now the latest battle cry" and My top reasons for a Feb drop have all happened (except the rickshaw) but the month is still young. Yes, i may get banned...so peace to you all..
Also, a while ago I stated that even with expected earnings..you would still fall into the 2.30s.
despite my ability to spell...i'm simply stating why your PPS is fading. They heard the "D" word.
Regardless of any positive news..the further dillusion is all anybody really heard....another long 3 months for this one. Should listen to Z.
Next week will prove record high empathy...I'd be more scared than excited. Earnings will probably be whats expected...with little price fanfare...maybe even a drop back into the 2.30s.
The upcoming dillution is keeping everyone away...its been a painful 16 months for longs and the thought of several more quagmire years is too much. Everyone is simply saying "no mas".
Although CCGY may give a better % gain yr/yr.
I've known too much for too long and as of late last week am completely nuetral. I may start to look for a longer type position. I have little confidence of seeing $3 or $4 in the next 12 months...but have more confidence in seeing 2.50-2.70 on and off. The PE being cut in half theory still hold a little doubt because close to 0% of the bullish sentiment has come true in the past 18 months...ie uplist etc. This one plays by its own rules and could do perectly fine with a 3-5 PE. I am now at least on the buy side although extremely cautious.