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I know right!!!! Let's do a RS 5 months before we need to... LOL ... farking morons
Me thinks
They need to unleash DMX. Those revenues could be sic.
Article quotes Buffet saying.
"Seven Arts is gonna make me act a fool... up in here"
it's at www.youreafarkingmoron.com
There's no reason to worry about DMX.
Unfortunately Bone Thugs lost a lot of the support they had from previous albums. They can generate revenue also, but I doubt it'd even be comparable to what DMX can do.
DMX on a reality TV show too, if he can generate some publicity and get one good single, this album can go platinum.
Holy sh!t how did I miss that!!! I figured you guys would've stickied that... but that's huge!!! I just got a farking b0ner!!! Me thinks those revs are gonna be quite nice.
NASDAQ reversed decision!!!
It's funny to see people be so wrong about the delisting. The best part of it is how they post absolutely no evidence that points toward the delisting as being the likely outcome.
Go ahead, buy the rumor and sell the news, but the extension is not the news to sell on.
So now we waits for
DMX acquisition to get finalized... released sometime in 2nd quarter... sales for music can be viewed before quarterly reports come out...music charts can be tracked...thus SAPX revenue will be transparent and easy for everyone to see
DMX could be huge again, but even just a fraction of his former self can generate $15 million
good times await. I hope ya'll loaded up in the teens like myself. I doubt SAPX will seem them again
If the new album is really due out in 7 days, this is some seriously poor promo work.
They ought to be advertising it on every commercial break during VH1's Couples Therapy which premieres tomorrow.
Of course, would you promo anything you don't officially own yet?
All my opinion, not yours.
My friends mentioned that too. I'd like to think that management is not being overzealous about the acquistion. Cause that could be the end of any support for them.
It states
"Seven Arts Entertainment Inc. (NASDAQ: SAPX) ("Seven Arts" or "Company") announced today that it has closed the acquisition of the music assets of David Michery. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of two completed albums with multi-platinum artist DMX, up to two additional albums from DMX"
sounds acquired to me and my lawyer speaking friends...
I bought back in this once I found out DMX assets were acquired. Revenues from this next album could be as low as 15 million but could easily be 2 or 3 times as much. Even higher if any of the singles hits real big. Anyone who tells you different doesn't know anything about the rap scene.
Margins are too low for Ethanol producers. PEIX had a big run-up before it's quarterly report. Tanked 20+ % the next day. Unless BIOF is doing something magical with it's margins, it's headed in the same direction.
http://www.smallcapnetwork.com/Whats-Really-Wrong-With-the-Ethanol-Business-Pacific-Ethanol-PEIX-BioFuel-Energy-BIOF-Tell-the-Tale/s/via/6540/article/view/p/mid/1/id/102/
Let me preface this: I think that FLD or no FLD, EIGH is an awesome company to be investing in long term.
Now the response to your post:
10 days left to cover unless they pay the divy. That doesn't makes sense to me. Somebody who was doing normal shorting would have to either pay the divy and cover later. But if naked shorts are discovered, how would they be allowed to pay a divy and stay short? They are short on shares that don't exist. I would think they'd be forced to cover before the divy is paid no matter what. I'm just throwing ideas around here, I don't exactly know the rules that are actually in place.
From my understanding, the audit will be complete on Oct. 4th. At that time, the company should know of any discrepancies with the amount of shares outstanding. Anybody found to be naked would have to buy-in and cover before the divy is paid.
PR on Oct 4th or 5th with the results of audit? I'm hoping...
Standing ovation over here.
This company is looking solid. FLD or no FLD.
That's the beauty of it. This is an amazing penny to hold long term. Whatever price you value this company at, the FLD has the potential to move the price up (and over) that value much quicker than normal. This stock is seriously undervalued. FLD or no FLD. The DTCC issue is hurting the price. I'd expect a significant jump once that issue is resolved. Keep an eye on PR's to follow after that too. Right now is a great time to get in on this.
I completely agree. This is a fantastic microcap. That's what makes this stock so lucrative. It's more than just a FLD.
Appears to be a mild MM bear shake. Trying to put some fear into stock holders. This is an expected tactic of MM's caught in a FLD.
Short selling still counts towards the volume. If MM's (or any retail) have stopped shorting, then that volume disappears. On any given day for the last 2 months, shorts accounted for 40% to 80% of daily volume.
So I'm thinking this huge drop in volume could very well be a hold on short sales from the MM's. And if they're not shorting anymore, it's cause they don't think it's going any lower. Possibly posturing for another tactic.
It seems there has been hardly any short sales the last few days. Would that account for the huge drop in volume?
Low volume compared to what??? It's been trading under 1 million a day for almost all of May.
Hit the 10 day avg volume by 1pm today. Very nice.