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.
If I'm reading it right, they have large voting rights only if the minimum is not met with the common stock.
Ouch. The 2010 annual report seems to state that preferred shares (none issued at that time) have no voting rights.
Do Virtra's preferred shares have voting rights?
I'll try to find out, but that is usually not the case.
So, that will be $2500.
185K at .2515
80K at .251
60K on the ask at .2589 and the usual 2500 iceberg or just BS at .2585.
Nothing else of any size visible below .2510 or above .3499 (where there is a 51K ask).
Two of them.
I thought we'd see more action this week.
Yes, but I don't have any sell orders. Waiting for .25 to capitulate.
I like the quote: "Your stress level gets up there, so you want to re-create that and make those mistakes inside the simulator so you don’t have to worry about making those same mistakes out there on the street,". It's good that they are keeping a light touch. You don't want to turn off potential customers with too obvious a reference to recent news.
From what I recall, they are not paying very high, though that may have changed. That plus their location probably means they have hard time attracting quality engineers. Paying higher for quality people is just something that most tech organizations can not understand. Part of the issue is that in general, top engineers are worth more than top managers, but in most organizations management doesn't want to have "subordinates" who get payed more than they do. There are exceptions of course.
I suspect that as in most companies the size of Virtra, they have a few good engineers who are doing the bulk of the work, a good percentage who are moderately productive, and the rest who are barely productive with a few counterproductive. The good ones may start at a company because of location (medium sized town where there are only a few tech companies) or because they are fresh out of college or grad school. They may be getting payed well because they have become indispensable, but the company will still not pay well for good new employees.
That is also my experience. Additionally, the mistake most companies make is that they don't realize they could get much better long term productivity by paying 50% more and hiring fewer, better quality engineers. Instead they are keeping around people who are barely productive and many with negative overall contribution. Yes, most tech companies are paying some people who create more work for others than they produce themselves.
Certainly there is little to be gained by flipping VTSI, even with near-perfect trading, for those of us who have to pay usual commissions. I will continue to accumulate at these prices or lower if possible, which is what I did today.
Probably good advice, although I'm sure there is no issue.
Spoofing requires intent to cancel before filling.
OK, to answer my own question on icebergs: "orders can be hidden from the market, if this is done to facilitate trading strategies which could be accomplished without hidden orders". So because the hidden part goes to the end of queue and auto-trading could accomplish the same thing with multiple orders, it is allowed. Apparently "hiding your true intentions" in this way is not considered manipulation in either case, but is "strategy".
Yes, surprised me.
There is some risk, sure, but based on the orders lined up this morning, very little. Unless someone else stepped in, putting some up for sale was going to be the only way to buy without going up quite a bit in price.
I would have been fine selling, and I left the order up long after buying. It isn't manipulation in a legal sense, like flashing an order could be, or like the tape-painting we see almost daily is. Every order in the gap will have an effect on trading.
Which brings up an interesting point. Why are iceberg orders allowed? Isn't every iceberg manipulation by definition?
Nope, that was a tape-painter just after I pulled mine. I try to stay away from the last twenty minutes of the day with clean orders because of the nonsense.
Yes. No dice on 2521 and don't want to get hit with a 500 share tape-painter near the close, so I've pulled it. May try again tomorrow if I get a chance at 2550 or lower. There may or may not be a good chance again after the proxy, which could be any day now.
If I didn't put up the sell orders, the 2551 buy would probably have sat there all day. The risk of selling the 210K and not being able to buy back at the same price or lower was minimal.
I put up a couple of medium sized sell orders (90K, 120K) to encourage filling of my buy orders today at 2551 and then 2570, then pulled the sell orders when the buy's mostly filled (2551 is almost filled now). What you're seeing is the usual result of that. Selling attracts sellers and buying attracts buyers, even for a stock with volume and number of orders that makes such a reaction a poor decision.
Usually it's done to avoid a delisting. There usually aren't negative consequences if it's done for positive reasons.
"There is certainly a PR blitz going on, looking to get support ahead of the proxy."
Whatever is coming, they are not trying to keep the price down. A buyout and going private are out of the running I think.
Depends on the size of the police force, obviously.
They wouldn't have to pay anything for that other than cost of product, but they probably do to use the TASER name for promotion.
We know many of the scenarios do focus on when and when not to shoot. Even without that, lack of panic in these situations will result in better decision making. Of course in cases where the problem is more of police culture, other solutions are needed.
Sure they do.
Nothing over 100K, but I'm just checking in every half hour or so.
You mean you wish execution had been there? The contract is with the US government. I suspect that Mexico is paying zero, but maybe not.
Nope, it's dated the 5th but did not appear on the website until some time after midnight last night (the last time I checked before this morning).
Minimal, not huge. There is very little visible selling pressure though. Looks like we might level up.
The anti-gun climate will be helpful, I think. It will generate publicity and attract customers who have a defiant reaction to it.
I'm surprised they announced this so soon. I was expecting them to let the first location soak for a while.
It was visible a few hours ago. Four bids showing at and above that, so probably hidden.
"Furthermore, when a company does buy back shares they cannot play any games with bid/ask or on again off again orders."
Thus the suspicion. That order apparently hasn't been on-again off-again. I say "apparently" because it was hidden by higher orders on level II most of that time, but it seems very likely that it hasn't moved (not that I think it is a buyback).
It's not taking much volume to push us up each day.
.192 is an iceberg. 110K filled in the last few minutes.
If anything, it made the order harder to fill, though the order itself was bound to do that anyway. I've talked before about the counterproductivity of 5K icebergs, but if you want 500K on a "normal" day you probably shouldn't show your hand.
It never really happened - it was just painting. There were two 100 share trades at .19. Everything else was at .183 and below.
590K showing now. That's over $100,000. Still no significant takers.
Probably so. Even that is surprising, as it usually happens with a smaller number of shares.