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This seems like a classic case of a company worth less than its book value. Their revenues are declining, and there's no reason to think they won't just burn through all their cash just trying to keep the doors open. Maybe at a market cap of $1M it might be worth a look.
When you said our yoy is up over 70%, what did you mean? Nothing in the report indicates that.
What year over year figure is up 70%? Certainly not revenues or profits - revenues were down big time.
It has nothing to do with winter - year over year revenues were down over 25%. Not exactly a growing company here.
https://www.otcmarkets.com/stock/RGSE/news
Declining revenues - what a stinker. I might look at it once it gets to book value, though it's not obviously even worth that.
I'm grateful to hear someone spell our their reasoning.
I don't see how it's relevant that they haven't posted here before. As long as what they say has content, I'm fine. There are plenty of people who post here constantly who have absolutely nothing of value to say other than 'I believe this will go to a dollar because I believe it!' Quantity of posts and quality of posts are two different things - doesn't that go without saying?
It was a well argued post - much more informative than the 'this will be 0.5 next week because I say so!' type posts we have too many of.
Yeah, that basically never works out.
I tend to agree. And the present administration is not going to be doing much to help solar over the next 4 (potentially 8) years.
Yes, I think so. PPS seems to be headed there; that *might* be a natural floor.
That $18 million will be frittered away in no time, if the past is any indication. This will be worth looking at maybe at about a pps of 0.75.
It's perfectly possible for a stock to churn through its float over and over as its price falls. Have a look at the multi-year chart for this very ticker if you want an example.
There has been massive dilution this year (prior to mid feb.)
As for the market cap, it was barely over 1 million dollars prior to the split / offering - it's difficult to see why the company is suddenly worth 10 times that.
I think the problem is with recent dilution. I'll be looking for an entry in the 0.75-1.00 range.
$900 million dollar market cap? Pure fantasy. Have you ever used, or ever heard of anyone who has used a PIXELMAGS product?
Market cap is almost $10 million, they certainly don't have that much cash on hand.
That's about as optimistic a scenario as one can imagine. The probability of everything you say working out, while not zero, is low.
I don't see how anyone can look at this chart and think that. Please give reasons, otherwise is it simply crystal-ball gazing.
> The float is 10 mil from being locked down.
How do you know this?
Based on what? Hope?
I tend to agree that caution is required. Deals and mergers CAN and DO fall through at any stage of the game - people saying that that's impossible are being naive.
Not really. We might see a bounce around the 1.30s, but otherwise I would wait until about 0.50 before taking a long position.
Fair enough, so no need to pretend that there is any rational basis for going long - just admit that you feel like a bit of a gamble.
Pixelmags is no snapchat. I don't know anyone who uses their product, and I find it hard to imagine ever using it myself.
Note that 1/1000 would mean that it's appropriately valued now, assuming no further dilution.
Expecting a nice bounce in the 1.30 vicinity.
Never heard of her, but my point still stands.
CNN is in the entertainment business, not the financial analysis business.
Nope, not picking up any rumors of that sort through the usual channels.
What does Dunn and Bradstreet say about expenses and debt? Revenue on its own is meaningless.
If that's what you call a 'nice' RS (losing half its value in a few weeks), I'd hate to know what a not-so-nice RS looks like ...
You have a funny definition of 'heading up'.
> or it happened and the company is just worthless.
This is the possibility longs should be more worried about.
Sorry, but lots of this is subjective / speculation. Please don't call guesswork DD.
ETRM? The stock that lost over 90% of its value after a reverse split / equity offering in Jan 16?
Where do you see the latest figures?
It looks like the cash value per share is $0.15. See:
http://ih.advfn.com/stock-market/NASDAQ/real-goods-solar-inc-RGSE/financials
By what measure is RGSE undervalued?With all this dilution, even 3.00 would be very fully priced.
> I WILL WAIT "PATIENTLY" FOR THE COMPANY "ERBB" TO RELEASE "OFFICIAL" PHOTOS OF WHAT THE MJ GROW OP FACILITY "CURRENTLY" LOOKS LIKE.
Good luck with that. I'll rely on my common sense instead.
> 4) As per the 8K, NVSOS OS was updated to 217M which will be the OS after the 1:100 RS which is perfectly legal. Nothing wrong with that.
Even if we think the company is worth 217M dollars (a stretch, I think), that makes current shares (factoring in a 1:100 RS) worth 0.01 - only a small premium over Friday's closing price. This is overbought.
Exactly - which is why I am pessimistic. If everything was going to be as rosy as some think, there's just no way it would be trading at current levels ...