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Sure hope this turns out better than the last stock I had high hopes for.... It looks like it will!
DD
Time for action. Check out UCPA. No dilution for years. Increasing revenue and earnings.
DD
I tried to buy some some months back and TDA told me they won't allow opening positions when there is an investigation taking place. They didn't say what the investigation was about.
DD
I really like that $200 on the ASK. Too bad it isn't real.
DD
Interesting find! Very recent date. Does that mean something is going to happen again.... like some trading?
DD
I'm glad to have them. Just got the last 200k in the last couple of days.
DD
Oh. Sorry. I guess "$$$" makes a difference. :)
DD
I have 1.45m myself!
DD
When you lock up shares with a sell order the broker can't use them as borrowed shares for short sellers. In other words, the short sellers have fewer shares to short.
The other day someone said that if you have a cash account at your brokerage, those shares can't be used for short selling either, but I'm not 100% sure that is accurate.
DD
I got 77k sh at the .0249 ask.
It looks like there is 625k for sale at .025
DD
Dell would have been similar to UCPA: (see first paragraph)
https://www.finra.org/investors/what-happens-when-companies-go-private
Companies can be bought out by another company OR by insiders. Almost all companies that are bought out have the buyer owning (plenty of) shares before the actual tender offer.
For UCPA it only matters what the current big owners are thinking. Maybe they would be perfectly happy getting the income from their shares and also expecting that the income will increase over time (which is exactly what we expect).
OR
They expect an outsider to buy the company out at a good premium and want to have as many cheap shares as possible.
Who knows.
I am not going to continue to point out the validity of my thoughts about a buyout. I don't know if that is what they have in mind. it's just a possibility. It doesn't matter who is right or wrong in this.... only that we get a really good return on the investment.
DD
I'd take the .50 too. Trouble is, I'm afraid that they would try to buy out the rest of the shares below their real value. I did have a stock that got bought out and I thought the tender offer should have been higher.
I have also heard of people NOT tendering their shares. Two possibilities there: 1) The buyers offer individuals a higher price just to clean up the books of miscellaneous shares; 2) You are stuck with shares that have a value, but don't have anyone to sell them to.
DD
PB, there have been plenty of companies that have gone from public to private. This first link is 10 of the most well-known:
https://www.investopedia.com/articles/active-trading/073015/10-most-famous-public-companies-went-private.asp
Here's the reason why they go private:
https://www.investopedia.com/articles/stocks/08/public-companies-privatize-go-private.asp
When I say "going private," I am thinking that the current owners of 80% of the shares would become the private owners after obtaining the rest of the public float. They would not have to pay for their own shares since they own them already. With a Public Float of 318,554,196 that wouldn't cost all that much for them. If they would offer .03 for each of the float shares that would be $9.56m. That would be almost a 50% premium which is high compared to most buy-outs (But bad for us.) They could even use their current shares as collateral for a loan to buy the rest of the shares.
Again, I hope I am wrong because it would be much better for our shares. I am waiting for the report from the "ambassadors."
I am glad I brought the possibility up because the discussion has made me think that it might be less likely. We'll see.
DD
I actually hope you are right. It would be much better for SP than an early buyout offer below the true value of the shares.
DD
The four owners of 5%+ shares could outvote those who own the float 4:1 which they would do if they wanted to go private.
I'm not insisting on the going private theory. I'm trying to figure out why they would not seem to want the SP to go up. If not, why would they want even more shares?
You may have a point about Froberg meeting with you. BUT, did he want the meeting and request it; or was the request made and he was willing to talk with shareholders? It makes a difference. Maybe he is simply being gracious and accepting the request. IF they want to go private, I would expect that there will not be a lot of information given out.
JMO
DD
I am looking forward to hearing what you guys find out. Thanks for going.
DD
I agree with your thoughts on liquidity and the ability to appreciate. However, if they want their shares to appreciate with the thought that somewhere along the line they will want to sell at least some of them, it would be in their best interest to have enough shares in the float so that more shares are trading and selling their shares wouldn't affect the price as much.
One other possibility for staying public is that they would hope some other company would buy them out at a decent price.... Hmmmm... that could happen if they were private too. (Just thinking.)
DD
It depends on what they want. Private is "cleaner."
Go Private:
- Report to IRS
- Keep all profits for themselves.
Staying public:
- Report to IRS
- Report to SEC
- Maintain and keep up with all regulations for public companies
- Report to shareholders (in this case, as little as possible.)
- Deal with complaining shareholders if things don't go as planned
- Share the profits
- It would probably INCREASE actual profits if they don't have to spend money on public reporting and an individual that keeps track of the laws and make required reports.
What other reason could there be not to "brag" about how good the company is doing? If they intended to stay public, why not honestly explain how good it is?
DD
He's saying that they had a share offering to get seed money for the company. It makes sense not to dilute if their plan was to take the company private after they got it going.
DD
Yup. I think they will keep on buying on the open market until the SP hits a predetermined level at which they will make a buyout bid before the price goes above what they are willing to pay for the rest of the shares.
What I don't like is that it could limit how high the SP could go.... unless whatever shareholders are left refuse to sell their shares until they raise the buyout price.
DD
None of it is FREE. You pay for it with taxes and THEY decide what to do with it. FREE is BS. I want to keep my money and decide how it is used..... which is why I will be holding my UCPA shares at least until July, but probably longer.... 151% profit and holding.
DD
... and how much are taxes in Denmark? ... but no matter, governments always know how to spend their citizen's money better than the citizens do.....
DD
Another thing that surprised me in the report was that it said there were only 112 shareholders of record. I would have expected a lot more.
DD
That means they bought more than 1/3 of the float last year! How much longer can they keep buying it up? At that rate there is no float left in less than two years. Are they wanting to go private?
DD
Kramrer posted that earlier:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148235503
DD
A bit more trading than there has been but I don't know if it means anything.
DD
I have some Mar 2's which I bought too soon, expecting a bigger, faster rally than we got. They will probably expire worthless.
The 2-year 4's could prove interesting if the price target I heard from some analysts of $3.50 comes quickly enough.
DD
I thought it was a really good financial report today.
I can't figure out why the stock price could have dropped so much from the opening.... because of the split coming? I usually figure splits are good unless it's a reverse split.
DD
No. The next report should be out mid-February.
DD
Don't get me wrong. I own shares... not as many as some of you.
I'm questioning the interpretation of the statement of what happens in January. I think it says that we will have full ownership.
Certainly there will be some benefit but whether it will be a dividend or not is questionable.
Any shareholder who owns a stock benefits in the revenues. That doesn't necessarily mean a dividend. The revenues could be used to grow a company and make it more valuable. I think that is where we are at.
Go UCPA!
DD
That was my thought too, Kramrer.... but it would be nice if the other understanding were true... just a little wild for me to think a .0072 stock could get a .50 dividend.
DD
Hmmmm.... do ya think those moon pants come in XXXL?
DD
Dog gone it! Where are those moon pants?????
DD
Well what is that all about? New Company unrelated to RCCH??? Sub of RCCH? (I don't think so or it would have been identified I think.)
DD
OK. Thanks.
DD
Is the filing expected any particular time of day? Pre, Post market?
Thanks.
DD
OK. Thanks.
DD
I'm confused. I thought Janssen was connected with J&J, but Janssen is still listed as the sponsor for Phase 3 as of 10/15... yesterday.
Does anyone know how that works?... or is Janssen not part of J&J?
Thanks for any info.
DD
I don't know what happened on IHub, but they still show in my broker account.... even the half-trillion preferred.
DD