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.
It's like somebody stepping on my snowball that I just started to roll down the hill! Let's walk up the PPS step by step. Not take your small measly profit whenever you can get it. We are so close to getting actual attention. Momentum can take it from here if we would just allow it! Go SEGI!
Who's the idiot ask whacking 25's when we are at 28? Only 10,000 shares at that. Wtf
What's the L2 show? Are MM's up their ask?
We need some new investors here to buy in. Take us where we need to go. Where we should be.
Being down 40% yesterday to being up 90% today is way to volatile to gain investor confidence. And the size of the spread seconds that. But hopefully something will change that very soon.
I guess Ed needed money for all the PR's he's going to commission.
Was there a T trade? Closed at 2.9M
We still need volume before this ever becomes relevant. Up or down 90%
Who wants to slap the .0025's?
Must have had a reason. It'll be back in the 20's within the first hour tomorrow.
That was a weird close. Who would want to bid whack all the way to .001 one minute away from close?
400 theaters X $12 a ticket X 200 seats per theater = $960K
I expect around a $1m of revenue total. Just don't know what percentage SEGI gets.
No official mention to us. Just check the Nevada site where the share are issued.
A PR about hard numbers. Financing, acquisitions, movie deal specifics? Not PR about rumors and Judy Garland.
Next weekend watch out for the box office numbers for the Battle of the Strands. Don't need a PR for that.
Yes in theory. Ha. Fingers crossed.
We just need him to put out a PR that isn't fluff.
There is a chance nothing important about this year will be validated until the 2014 audit. Boo
Yeah, so 2014 won't be audited until next year.
That's how I see it.
That's the only reason this is taking place. Nobody can argue otherwise. Once audit is done and then Canada gets back online and then any news should be disclosed. If it does not happen like that then I am out. No more excuses.
Yeah, to stay current in Canada another audit will have to take place for the 2014 annual within 90 days. That's assuming that this current audit will get them trading again before the end of year. Lots of ifs. Still hopeful.
Do you really think that the audit will include anything done after 6/30? I wouldn't think so. You would audit a partial quarter. I doubt that 2014 will be audited at all. IMHO
I think what he meant was the decision to increase the A/S was made after 6/30 which is besides the point really because I think the argument about when it took place was after that date anyways. Which won't be disclosed until the next quarterly. And the audit is tentatively due in 10 days.
We have to assume that all public knowledge is already factored into the current stock price. With that being said the raise in A/S has increased the PPS or at the very least been maintained at this point in time. And that's with the potential of 33% dilution (not 25%). That's 250m/750m not 250m/1000m. Rate of change is determined by taking total amount of shares less the previous amount divided by the previous amount.
I doubt it. The L2 at close showed a 50k order at .0021
If there are any private investors that had an order filled today at .0017 please respond to this. I want to know if these trades are being made to normal people and not under the table to the MM's. At least there will be some support at .0017.
Ok, now why would there be Form T trades at 26% less than what they traded at all day? Damn MM's, I said earlier today that the OTC was sketchy. This could either be unsettled trades made during the day, unposted trades, an off market trade done by institutions that have no effect on the stock price or... Dilution. Who knows. Dumb. The price was manipulated today. At least they kept it up instead of low.
Yea, it's some complicated stuff. It's all theoretical anyways. Just a bunch of economical factors represented by weird names and funny letters and put into a math equation just to "reduce" unsystematic risk. But I like risk. That's why we are all here right? Ha. I hope we all do well no matter what our positions are. And don't let your sons try to figure out the beta for this asset. They're probably too smart and wouldn't let you buy anymore.
It's all good. I was mildly being facetious anyways. Penny stocks don't really play a factor in modern portfolio theory. At least I don't think. They teach you to stay away from penny stocks in college. Don't worry about beta, unless your cramming for a finance test. Unless that kind of stuff really interests you. Learn about it. Knowledge is power.
Ha, so place your first sell order when it gets to .0119
I've heard it is much better to have BKRT on the bid than on the ask.
Dang CAYO! You need to diversify your portfolio. Your beta must be running pretty high. Time to reduce some of that RISK. Ha, to each his own. GL
Well I'm going to take a huge stab in the dark and say that his preferred shares give him special voting rights to issue new shares. Ha. Yeah, I guess they would be in the audit. I wouldn't be surprised if the preferred shares were stacked. But then again, it's a good thing his livelihood is dependent upon the success of Sycamore.
That's true. Hey what do you know about Ed's preferred shares? Do they hold special voting power? Can they be converted to common stock at like 15 shares for 1? Does anybody know?
Now where is Fitman, to come back here and say I told you so about the A/S increase? Probably not unless the PPS goes down. Or if the price goes up we can all thank him!
It looks like the market has not been affected much so far. Other than a little volume increase. One maybe two investors were replaced by others. Zero wash. One was scared off but replaced by someone who saw it as an opportunity to get 3m shares without paying more for them. When there is blood in the streets, you buy!
True that. As long as he is done selling shares below the bid/ask. That funny business needs to stop. Ha.
Well that all depends, man. OTC market makers don't have to post the transactions. They could wait til the end of the day and put it all on one T trade form. They don't even have to honor anyone's bid, they can just ignore it. The OTC can be sketchy. MM's just try to bring fluidity to the market. Doesn't mean they have to. But it does look like the ask was hit. Haha.