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What a kick in the jewels. Had to average way down on this. Hoping for some recovery. Whole market is down.
Well, it's tied to precious metals prices for sure ... as they fluctuate, so does this. I'm guessing HoD after lunch.
Weird ... $5 off high in 30 min after positive report ... heh ... markets.
Meh. I just need 2% and I'm good.
My thoughts? Well, Paulson bought in at $3.00...I'd expect it to stay at $3.00 +/- 2% for the next few weeks unless there's some news; good or bad. I doubt this is going to move too quickly. It's near the bottom of its 52-week price and creeping up. Could be a pier one sort of thing ... steadily creeping upward.
It's safe to assume that if it's happened within the last 12 hours, 99% of the people hear have already heard about it. If it's from 13 hours ago, it's old news. In many cases, if it's from 1 hour ago, it's old news.
That rumor is literally a year old. It popped up on Seeking Alpha In July of last year.
http://seekingalpha.com/article/3359355-is-a-synergy-pharmaceuticals-buyout-already-in-place
well...this sucks
It'll come up ... I see it crossing $4 by eod.
Pier One went through something like this before it went up to $25/share. It took some time, but there was a period of steady growth where it went from $0.11 to $25.
If you had invested $200 in Pier One when it was $0.11, you would have turned your $200 into $45,000.
Any lawyer worth a damn will file a motion for a default judgement out of the gate for any case like this. That's wholly expected.
The pop yesterday was expected. It'll be a while before anything like that happens again, methinks.
Not these guys again ...
Brutal dilution and massive reverse splits just like HKUP. Avoid.
The guys that run this company are notorious for brutal dilution followed by large reverse splits. Look at every company they have owned and you'll see this exact behavior repeated time and time again.
There is no light at the end of this tunnel. Don't waste your money or your time.
Starbucks is coffee. But, if you made Starbux TV and made it look like a coffee cup, starbucks would come after you.
They don't have to. They have to look like, or be named (or both) similarly enough that the average consumer could mistake the Rubix for be associated with, or tacitly endorsed by the original Rubik's Cube.
This, in it's current form, is doomed to be redesigned unless they can secure rights to use the likeness of the Rubik's Cube.
I've been through this on both sides. The threshhold for Rubik's Brand Ltd. is very, very low.
https://www.rubiks.com/info/usage-rights-faq/ ... if I were DIGX, I'd start here.
Rubix ... Rubik's ... both are 9 faced cubes. I sincerely hope that these guys have secured the use of the Rubick's Cube trademark and imagery. Otherwise, this is going to slapped down hard.
It can take time to reschedule depending on everyone's personal schedule. I've had to reschedule CC's a month out. It happens when you are busy. If they'd rescheduled it for the next day, or within 2-3 days, it'd be a little more concerning. As it is, I see this as a sign of being busy.
Lelz ... the market cap is less than a thousand dollars with 300M O/S ... God knows what the A/S is though ... 20 billion?
dafuq?
Apart from the lawsuit, the company is pretty solid. One good sized contract and this could go to dollar land. I mean ... this is a good competitor to General Steel and several other pre-engineered steel building manufacturers.
Hmm ... this stuff is cool. I'm saying that as an engineer. If the cost is low, or a structure built with it can be proven to have a lower lifetime cost than competing materials ... this will take off. This would be particularly popular in England and the rest of Europe. Also, dorms could be build using this for interior and exterior walls.
Just a guess ... trading at 20x revenue for the first year.
Well, whatever they do ... they won't keep doing it with 5.8B O/S ... there will be a reverse split at some point ... at least a 1:1000. They have to or they'll never get listed on any major exchange. Assume they are trading at 20x earnings of $50 mil in the first year. That puts the share price at $0.17 at most. They need to break $1.00 minimum to be listed anywhere.
JMHO ...
What's goin on in here? Not much info on SSTY
Could be funding terrorists for all we know.
Oh man ... this thing is still trading? Yuck.
Good luck with the next 5000:1 R/S.
I'm ok with the walk down. Long term this will be epic.
The April 29th conference call ... waiting
I have np with this ... chance to load again
a lot of 10k share trades ... theories?
Remember, there's a conference call coming. I'd get a position now.
Not likely ace. But, to each his/her own.
Guys, this is going to dollar+ land. It's not stopping at penny and dime land.
88% buy, 12% hold, 0% sell on barcharts.com
Don't think small with Telefix. These people have NASDAQ goals. That's $1+. If they get a good solid footing with this Verizon thing ... that's $3-4 per share with no splits, no dilution. Grab and hold. With a good paying contract, the P/S ratio could be quite favorable and stay that way well in to the .20+ range.
I'm not even worried. I bought in a year ago at 0007
Dang, I almost executed an order at 0031. I was beat to the punch
Not worried. Just flippers, flipping. The shares mix around and wind up in stronger hands.
The conference call ... that'll be when it really takes off. When the details emerge. No wonder they've been keeping this a secret.