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Is it still 1 @0002?
thats what i have been wondering. Usually R/S comes with little or no activity of the stock.
Yea im pretty sure there will be one just because of the os, but was the dilution the same before. The last reverse split was off of no volume. or just barely any.
Thats what i have been wondering for some time. This is not your average dilution. Has anyone seen another stock do this?
Not that I say I'm pleased with what the company is doing but the reason for dilution was shown in all those pr's sent on the 30th of December. My thing is how much freakn debt are they trying to satisfy, and when they are done will the company be worth anything. Because if they don't buyback they will split. When this volume starts to get real low to almost no volume then we know what happens next.
8k is out
Yea,for a little over a month. Aw man. Look, just tryna stay positive. I already have shares and its at the bottom. Hey if it reverse splits so beit. I have no choice but to wait on it. Right now we are blind folded. We domt even have updated financials to tell us anything. So what's really going on at this point?? Yea it looks like a repeat but what's different from before. And remember os is not what diluted the stock, its what's done with the shares. And at this point we have no idea.
I keep telling you, I ain't most of the people on this board. I researched and knew the risk, and bought with caution. I'm sorry I missed that dream.
All this info and you considered buying shares when it was around 0004, and you did. Didn't you?
Lol. No I'm not being negative. Its just that the company has been struggling for sometime and people come on this board ready to burn torches and hold someone accountable. They should hold there self accountable for not researching. The company has been surviving off os and if they are unable to progress they in some cases have to split. They said they are trying to get to the point where they don't have to use shares as a form of payment. They are trying. This stock has to be played with a stop loss, whoever followed this stock to the groud. Its not like the line fell off the chart in one day. I watched the stock go down slow, day by day. Plenty of oportunity to sell. When they dilute they are tryna build colateral and if they can't they split. This is the most volume I have seen the company produce. And os are a lot lower than last split. I just wish people stop crying.
Do you know why companies reverse split. Do you know why they keep so many outstanding shares. Have you ever read there financials and they promised success. They have always mentioned the possibilities of not accomplishing certain things and even the impact it may have. I read that before I even invested, that why I didn't invest big. That's the beauty of pennies you can invest so little and gain so much. And lose little.
Your right. Its a risky buy at this point, but who can even buy at this point. This company has been through quite a few reverse split for failure to produce. They have relied on os for forms of payments. I believe they trying but they have failed numerous times. And there financials state the possibility of failure. So its not like they have promise success. I believe they will eventually achieve success. Everyone always feel they could do better.
Hey poemstone, stick to your possibilities until a possible reverse split happens. A few things could happen at this point but their track record sucks. But there is no point in being negative till it happens, you already bought in and you probably can't sell so you have no option. Don't count your money gone until its sold.
Have they ever had a pension plan before. cause i know they voted on it at the meeting.
I know this is probably a dumb question but wouldn't the company make money issuing shares while they are undervalued and then stopping dilution and letting it rise cause they are the only reason the stock is low.
So we need to see updated financials. Thanx Ernie, just tryna get a understanding for these circumstance. Because this seem to be the way pennies play.
Lol. I know he will. He know how I am.
Do you think dilution does it, cause dilution is when a company dump shares into the market. Most companies are not successful when they dilute because they are unable to get rid of enough shares which would cause a company to reverse split.
How does a stock decrease their outstanding shares? Besides a reverse split.
thats a good point, its just that people dont rationalize and think about those things. i agree with you.
Forgive the spelling I'm on a cell
How has the company been surviving. .with the use of outstanding shares and borrowing. You think this company survives financially because of reverse splits. Now there are consequences for having os if the company can't improve. The company is tryna build at a turf time for the economy. Not sayn that anybodies possibilities are false but people need to understand the mechanics and pros and cons of os and rs. Most people have no clue, they just get upset when everone else is cause the stock doesn't move when we want. Oh if it was that simple. I'm not going against any of your speculations. I really like board cause it has taught me to do my own dd and not follow everyone else. Being in this stock has taught me alot. Thank you for allowing me to pick your head.
Those large buys were institutional buys. I'm not saying this is the case but have you ever experienced a buy out using shares. And in your honest opinion have you seen progress in the company.
Hey Ernie had a question. Beings that you are knowledgable with reverse splits. I've experienced a few myself and I've notice when they dilute, its to the public. They let you buy to the bottom. Now this company is definitly diluting but who the heck to cause I'm confused.
That's what it seems like to me too Rodney, but you can tell people that.
ok, i don't know what the os was, some people that claim to have been in the stock for a while said it was always like that so i made the statement that people were still making money on the stock. Hey, as for the dilution i don't know many stocks that don't. The key is to find out can money be made and knowing when to get in and out. Look if all these things that people claim to be bad signs, then everyone should be getting rid of there shares so they can't blame no one if a reverse split actually occurs.
I'm not sure but they have been putting out a lot of good pr's and it moved when it got ready. There are possibilities of making money on this stock just have to play it right. People complain about os and rs. Just to show how unimportant the os is to the stock. They have had an issue with outstanding shares for sometime but did it keep price down, no. This stock is definitly not one to grow with but money can be made. Cause they ain't going out of business yet.
I agree but who is dreaming, we are all looking for green.
Ernie you and I both know how this stock should be played. As crazy as things may seem, people are making money on this stock. You have to know when to buy in. As much as you mention that rs, you had to make money when it took a 3000% gain and a 300% gain a few months ago. That's why your still on this board today, your waiting on the next ride cause outstanding shares or rs or anything else didn't stop this stock from increasing and why would it stop it now. Know when to get in and know when to get out.
Hey Ernie. I think as much as we hate dilution this is how pennies survive. I think that this company is tryna restructure it self. This company is manipulating a lot of shares in orber to pay people. That there causes delution and the fact that they settled a pension plan wHich will affect share price as well. Yes there are consequences that can occur when you have so many shares like rs. I don't think companies exactly enjoy a rs, they are sometimes nessesary to remain listed and other reasons. A press release isn't gonna move this stock, I think when they finish restructuring the shares then it will move. That's why a lot of penny stocks move for no reason. When this stock moves it probably won't be from a pr. Hopefully they won't rs cause it would negatively affect there pension plan.
Yea but they have a meeting around christmas time. I can't afford to make a trip like that around this time. And spending money on the company i might add.
Hopefully they post some more news. Cause i hope that wasn't the big news.
I'm messing with you Ernie.
That's what I believe as well.
Yea i know, when i read the pr on the 8th i just scanned through and didn't read the way it was worded. We are all riding off of assumptions opinions speculations. The leaked pr on the 5th stated possible mergers as well as discussion being completed no later than fourth quarter. Then a pr comes out the 8th stating that they had no discussions with a third party. A third party is the press, twitter, facebook and so on and so fourth. That pr never stated that there wasn't any talk between a second party which would be Lionsgate or warren buffett, which was also mentioned. Now im not saying that this is the case but this company has now became very quiet. So quiet that they are really about to screw us or something really big is about to happen. There are so many possibilities, it could go either way. Right now to be holding off a press release to say something negative doesn't make since, but then again, what does. I would think that it should be authenticated as well. If it was that simple to post things on a respected press company, then we cant trust any pr's then. Thats a good question to ask inewswire about.
Lol. Ernie sending private messages again.
And also I was looking at the pr on June 8 about the merger pr sent on the 5. They actually never denied a possible merger they denied speaking to a third party. Which means they just didn't authorize a pr.
It has been mentioned because it was a PR sent through inewswire back on june 5, and it look official. No one new of inewswire sending bogus PR's before. And the company never denied sending the PR they just denied speaking to lionsgate about a merger at that time. And the fact that there has been quite a few deals that CMGR had made that was involving Lionsgate. Thats probably why people are thinking the possibilites.