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.
Maybe you should look at the stock's history before posting.
It's had multiple runs so far this year. They still have a billion shares they can issue. You don't think they'll do a promotion to dump that? This will be pumped again.
Oh yeah you told us
Why does it keep bouncing off the .001 support? Why has it done it 3 times since May? Why won't it happen again? Everytime it bounces you're here saying the same thing.
They only update when the company tells them to
http://www.otcbb.com/faqs/otcbb_faq.stm
How do I update an OTCBB company's address, phone or other profile information?
You may email updated address, phone and company website information to the OTCBB at OTCBBFeedback@finra.org.
All other information, including management, outstanding shares, business summary, industry and transfer agent, is provided to OTCBB.com by a data vendor. To update this information, please go to the Contact Page and see OTCBB Company Profile Update.
John Elliott
Arcadia Services Inc.
26777 Central Park Blvd
Suite 200
Southfield, MI 48076
(248) 352-7530
jelliott@arcadiahealthcare.com
Was the person at ETrade
a professional, or just a general help operator? Did they know the specifics of the situation? They took into affect the fact that KADR is 33 million in debt? Which won't be repaid?
The whole RTM is a little ridiculous. Spinning off a private company so the debt can be discharged from the shell and then the shell buys back the private company once the debt is gone?
Just need a little buying pressure.
CSTI is manipulating the crap out of it.
Selling is not done, new shares magically appear after similar completed transactions. Trying to hide the selling.
Mass exodus complete?
A true bottom reached? I'll take crabbing sideways for a few sessions.
5 down days in a row
where the total volume exceeds half of the float. We should see a bounce soon. I just hope it doesn't do what EMBA did, 12 or 13 days in a row it was down before the bounce.
This will go back up.
They always do with this kind of share structure. The company is on fresh legs with a lot shares to issue. There'll be additional pr's and pumps. Not sure if it will get back up to .03, but anything over .02 may be a good exit for you.
With all of that consolidation
from March to April and a downtrend after they started releasing pr's, what could they be doing? Selling into the pr's maybe? lol. What else when you have 375M AS and only 82M OS? However, it's way oversold. It should pop up soon. I was hoping to see it bottom out at .01, we'll see.
Ummm, probably the same thing they would say
about every sub-penny pos. The "going concern" on these things are made with a cookie cutter. At .0001 a share, what's the risk? Bankruptcy? Sure, but it's a small risk considering it doesn't take much for these things to run.
Gotta love penny stock "cookie cutter" wisdom.
The chart is all you need to see in order to recant said wisdom. It's sitting right on the 50sma, if it can break that, look out:)
Which is why they are trades, not investments
never leave your money in them. They're ATM machines once you get the timing right.
How else are they going to pay for salaries?
What's exactly is wrong with that?
I got in on Monday at .0015 and out later that afternoon at .0023 for a quick 53% thanks to their pumping. It's about making money isnt' it?
Why so optimistic?
It will reach no-bid eventually.
Like we said
it was a great chart play
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73740667
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73741051
where's cliffhanger now? LOL.
It's sitting right on the 200 sma
at .0012 and it's way oversold.
BOD is currently in total control of the company
and have been since the day they agreed to sell DailyMed.
The past 2 days
the intra-day low has bounced off that 50sma. If that's not support, I don't know what is. Even if it does go lower, the bounce will happen. I actually wouldn't mind if it dipped down to that .0009 support.
uuuuuuuummmmmmm why would he sell
them at a low price? Why wouldn't he pump it with news to get it higher before dumping more shares on the open market? Use your head, this isn't rocket science. It's what they all do. This has a good 3 or 4 pumps left in it with the current ss.
Sorry, but you didn't tell anything
that wasn't already known. Of course it went down. Have you checked the historical prices? That's what these things do. The company has 8 Billion A/S and less than 1 Billion O/S. They, like every other pos penny will issue those shares.
Why would they disappear for 4 years when they have all of those shares that could be issued? That's how they make money and pay salaries. You sound a little in-experienced with these things. Before saying you're experienced in p&d plays, explain why all of you're post don't come across that way? This will most definitely move north again. You can sit on the sidelines if you want.
The only fluff are your worthless post.
How is a company going to sell a product without having a distributor? Are you saying you don't understand simple business procedures? Or, are you proving you don't?
I step away for a few hours
and volume goes crazy. It looks like some are taking it as an opportunity to exit though. Should still see a green close on high volume hopefully.
Reports 59% Growth in Revenue in Fourth Quarter
http://ih.advfn.com/p.php?pid=nmona&article=51594446&symbol=CHDO
I know, not sure why you're pointing it out to me
But, they have also been looking for a buyer for the services segment for a year. With no takers. They did a forebearance on the pharmacy segment only after they couldn't sell the services segment.
If they get the forebearance, I would take it as them being close to selling it. Not continuing the buisness with the hope that things get better. That also only takes care of $11.5 million of the $40 million debt. I don't want to see them sell anything.
If they were desperate, I think they would have issued the 100 million shares authorized but not outstanding by now.
At the bottom of the Ihub TRADES tab.
"Trade definitions are based on the mid-price and are indicative only"
A trade above the mid-point is listed as a buy, a trade below the mid-point is listed as a sell. It's not an accurate assessment of true buying/selling volume. I suggest Investopedia if you don't know what mid-point means.
Yes you are
However, you're not going to make any friends and with that, credibility, by calling people a liar. Especially when you're wrong and have yet to admit that. There was nothing wrong with your post questioning what the trade was. Just leave it at that.
There's a disclaimer at the bottom
of those trades. Bottom line, follow the L2 on your trading portal rather than Ihub TRADES tab.
Arcadia: Don't buy our stock
http://www.ibj.com/arcadia-dont-buy-our-stock/PARAMS/article/33058
Arcadia Resources Inc. is telling shareholders not to buy its stock because it is out of cash and faces a $40 million pile of debt that comes due on April 1.
The Indianapolis-based health care company completed the sale of its DailyMed pharmacy business on Feb. 17 to a subsidiary of Illinois-based Walgreen Co. But the $2 million in proceeds from the sale went entirely to satisfy a debt to one of DailyMed’s suppliers.
That leaves Arcadia with its home health care and medical staffing businesses, which are being funded right now by an $11 million line of credit from Dallas-based Comerica Bank.
As of Dec. 31, Arcadia already had drawn nearly $9.5 million on that line, which is part of the debt due on April 1. The rest of the debt is owed to unsecured investment funds and likely will not be repaid, according to a quarterly securities filing issed by Arcadia in February. So Arcadia is continuing to look for a buyer for its staffing businesses, as it has unsuccessfully for the past year.
The company stated in its securities filing that it is having “ongoing discussions with several parties regarding the potential sale.”
Arcadia officials, in the securities filing, say they expect a buyer to either repay or assume the debt owed to Comerica. But the remaining debts are unlikely to be paid off. If Arcadia cannot sell its staffing businesses, its only hope will be to negotiate for more time to pay off its debts—and then see a significant improvement in its business performance.
That hasn’t been happening recently. The staffing businesses saw their revenues decline 1.5 percent during the nine months ended Dec. 31, compared with the same period in the previous year. During that period, the businesses pulled in $61.5 million and posted a loss of $13.5 million.
“For these reasons, investors are strongly discouraged from trading in the company’s common stock because it is highly unlikely that there is any equity value related to the common shares,” Arcadia officials stated in the securities filing.
Arcadia had staked its future on the DailyMed pharmacy business, a service that packages all prescription drugs a patient is taking into convenient pouches marked by the time of day or meal at which they are to be taken. But the business didn’t grow fast enough to outrun Arcadia’s massive debts. The company put the business up for sale in October.
In December, Arcadia struck a deal with Walgreen, which will pay Arcadia $25,000 a month to manage DailyMed on its behalf and committed to eventually hiring Arcadia CEO Marvin Richardson. Richardson invented the DailyMed concept when he was CEO of Minnesota-based PrairieStone Pharmacy Inc., which he later sold to Arcadia.
Many Arcadia investors criticized the deal as self-serving on Richardson’s behalf. Many had hoped there might be a larger agreement between Arcadia and Walgreen, which pushed Arcadia's stock price up to 5 cents per share until Feb. 17. Since then, the shares have plunged to just 1 cent apiece.
Looking a little oversold
it bounced off the .002 (50sma) on the pullback yesterday, which is nice. Let see if it holds up.
Of course I do
it stinks because the pps isn't moving with all the volume. They're diluting the piss out of it.
700K in record volume
and it's up only 3%? Something stinks more than my baby's diaper.
One month to go
before we find out what is what on re-fi (and fate of KADR).
Record volume and it drops?
With barely any short interest? I wonder how many shares have been issued since November. We'll find out when they post the 10-Q.