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Well, there is one worse. GBSN
Just Say'n
Vic ; )
I would woop you too.
Consider yourself warned.
Vic ; )
Yip!
Vic ; )
All I am saying is I wouldn't be shocked if something huge were to come out and the gap up would be sold into right back down. But this time it would have to be huge.
Vic ; )
No, nothing about selling. But those conditions could have been a handshake if you know what I mean.
Vic ; )
But yes, unless we did know the real price and such.
vic ; )
So why would you dump them so quickly knowing they will flood the float and bring price down? If it is an actual investment. Unless the first was just a rouse to get more even cheaper but they were already pretty much at the same price.
Vic ; )
So the last S-1 came out on December 1st along with 2 so/so p.r.s. In that S-1 Ascent's proposed maximum offering price was .1325 a share for the 30mil shares to Redwood. The max Redwood had to pay per share. Sort of like an option. The price more than doubled that day. The following day came the juicy P.R. about the GSA contract and with the O.S. close to a 100 million (if not more by then), price was up almost 200% (in all total of the 2 days at open on that 2nd day.) 74 million shares were traded then (a supposedly green day) yet the price dropped to almost half. They started the major dump and made a fortune.
I personally think there is going to be one hell of a p.r. campaine here soon because they need to do it again. That is why Redwood is so eager to finance them a deal. That was that 'good ol' boy" deal mak'n I was talking about.
JMHO
Vic ; )
Seriously I bet if that S-1 would have waited 1 week to come out this would have bounced back up to .18-.2 just on the technicals of hitting .11 again. And I bet it would have given some investor confidence and stayed a day or so. This hasn't been green 3 days in a row since August and barely ever does 2 days in a row, let alone 1 anymore. So sad they couldn't give it some time. Too much too fast.
Vic ; )
Cheche, look at the bio's on Victor and Inbo Lee. These guys know how to work deals. I would have loved to have been a fly on the wall of meetings with Redwood. You have to imagine these "good ol boys" sitting around talking this deal out together. A hundred scenarios are going through my mind of what the deal was. Who knows???? Was the deal that the original shares were to dump and bring down the price so that they could issue new ones lower, that would almost work like options for Redwood while both knew that they had a enough orders and info to pop the price up good over the .1311 (or what ever the max they had to pay was). Does Ascent want them to take the share price lower so they can do larger split and reduce the O.S. more? Who knows. They made a deal and one thing I DO know for sure is it was to benefit the company ABOVE all. Nobody will know who else it benefits till it all plays out. It could be a hundred different scenarios like I said.
Vic ; )
I wonder....but am glad the end of day drop from Redwood (assuming it was them) didn't do any damage.
Thanks
Vic ; )
Right there you just posted an untruth. Again making assumptions. Believe me kiddo I am still holding.
So act decent and don't make me woop you kid!
Vic ; )
Cheche, knock it off. You want me to pull up some of your posts where you stated you sold and fussed about management, then were irritated when Mightymoe and the others dis'd you afterwards? Quit acting holier than thou. Everyone here has had a respectable stake in this company. Everyone here has done a lot of D.D. and you know as well as I, NOBODY here knows what this is going to do next!
Everyone has their own personal safety level. It belongs to each and it is everyone's right to have. When people feel they have to sell they are still vested emotionally and if it is a loss, financially as well, even though they don't own shares. They need a form of validation that what they did was the right choice because it is so painful to make a mistake.
Now BEHAVE!!!! Because you have been as bad as any!
Vic ; )
Bigarow that wasn't necessarily meant for you. You were just who I was reading when I posted so it went as a reply. Sorry if it looked like I was on you.
Vic ; )
What a bunch of crap! Now I'm going to post a diatribe. Read it if you want, skip it if you don't but I am going to say it all.
How many investors went out over Christmas and picked up their products for themselves and their family members? I can tell you on the other boards I read their were many. And how many investors advertised these products for them by word of mouth, putting likes on their facebook pages, or showing off the products they bought? A chit load I will tell you that. Investors here supported this company on so many levels and this is not how you conduct business with your shareholders if you want respect, commitment and loyalty.
You could be right. This might be a necessary beneficial action for this company to do because they are in the know of the much greater things happening but they are leaving the investors out. When you read this board it is one huge guessing game as to what they are up to because they are making it that way for us. I can't tell you how many post are written making statement such as "well I think that because of this....maybe it means this...but it might mean that....but I'm not really sure, bla, bla, bla," Fact is the investor sentiment is what is keeping this price down more than the dilution because they just don't TRUST Ascent anymore because Ascent doesn't give them a reason to. Why couldn't Victor put out some kind of company update to his shareholders of where and what the progress is that they are making before doing this, to reassure his investors, and prevent a mass exodus causing the share price down further? If they have a sound business plan, why aren't they giving updates. Good CEOs do that all the time. When Groupon had difficulties this fall the new CEO actually started a blog and informed investors of what was going on with the company and his plan. It made a difference. Maybe you could call it pumping or say that it could still be fluff but at least they are trying to preserve the share value. Like this little tidbit for example. Why aren't EnerPlex products being shown on e-bags anymore. It's only been a couple of weeks. Why is that? If you read the other stock boards, there are a hundred guesses by the investors as to why and most are not good. Again guesses and not any real information.
This is the kind of action that thousands of shady companies pull on their investors to screw them out of their investments all the time. They pump then dump. I am not saying it is a fact happening here, but it is not unreasonable for people to be suspicious and upset, no I mean furious to see this happen when they aren't sure what the hell the company is even doing. You would be a fool not to question it and should be mad without real answers. And the shareholders that are hurt the most are the ones who are most loyal and don't give me this crap that if you hang on you will be rewarded because the people from early 2014 and beyond would be down to sub penny if they had.
Yes we all know every investment is a risk, but a decent company keeps their investors informed and makes respectable attempts to keep the share price at it's proper value. When they don't, people DESERVE to bitch.
I have one huge question. Does anyone have an absolute answer to this.....
The Delisting hearing is Feb. 11th correct? Somewhere there abouts, I am too frazzled to look it up, so they have to have a plan by then or be delisted. Redwood wouldn't have done this share deal if they felt the company didn't have a plan (such as the R/S happening soon) and if they felt there was going to be a delisting unless they could dump it all in the next few weeks making the share value sub-penny for sure quickly and not really taking that much profit. Did any of that make sense? (sorry, I am female, you have to get all the gobbldygoop before I get the point, it is what it is).
Anyway
So my question is....I know the A/S would stay the same if R/S happens. But what happens to the shares to Redwood? Do they R/S too or do they stay the same?
Vic ; )
No you only got one laugh... the Suezia comment. That was funny, the other laugh was what was posted from post #6740. No I am hoping they have some magic P.R. that is going to turn this around too. I hope that he has some crazy plan that they needed to do this but has some drone company wanting to use them or huge military contract and thought doing that first would be better than giving the good news first than taking away from it. You can only hope right. And you know what, the best place to learn about trading is on a play like this. You learn so much the hard way, although I don't know if some of us (me the most) ever learn.
Vic ; )
LOLOLOL, two good laughs, thanks guys
Vic ; )
Seriously, so many investors here have already been in a while a have taken a loss. Why couldn't they do one p.r. that was real to lift the price so getting back to here wouldn't have felt so bad?
Vic ; )
Shit I bought FIT this week and then that news came out. I got out with a small loss but still. Too many losses since Christmas. Now this chit!
And the worst part....
Tomorrow is my birthday. This sucks!
Vic ; )
Thank you for giving me that laugh. That was actually a pretty good one.
Vic ; )
I always say..."kiss me right here on the back of the ear so I know when I am about to take it up the ars!"
Vic ; )
Right!!! Right!!!!
That's exactly what I thought when I was reading all the little pukes over at stock twits bragging how they beat Victor on that vote. I was laughing to myself reading their posts thinking,,,"Kids you just made them play some hardball!"
Vic ; )
Well I am too heavily invested in this one. Some are going. Then I will wait for the smoke to clear and see if I have any confidence in getting back in.
I can't believe I drank the koolaid. Ah chit what am I saying... I was making it and pouring it out to everyone.
Vic ; )
Well I will tell ya what, you can have my half a mil if you want them for .9.
Vic
I know I am hallucinating right now, but I only hope they have one muther of a father of a p.r. on Monday morning to help buffer this.
Vic ; )
We'll be lucky to get out at .05.
Fawkers!
Vic ; )
I think that damn lawsuit is making enough noise to halt it for a bit. Too bad... it was looking sweet when I bought it Tuesday afternoon. This morning it looked like it was going to blow past that chit until more P.R.s came out about it at noon. Just my luck. Wasn't worth the risk, got out fast.
Vic ; )
Would have made a nice reversal today if it weren't for China but that looks stronger tonight so tomorrow will be conformation day.
Vic ; )
Unless they P.R.d a substantial deal like maybe a hook up with a drone company for solar or contracts from the GSA. Even the news that drove them to 30 last time was still speculative but if they had actual income this could go even a lot higher.
I am thinking because of pressure here, a decent fluff piece could bring them to .175 again (pop & drop) but something real could easily take it to .5 and above. Nothing really in between unless they did some back to back softies.
Vic ; )
Think about this as well.... Screw the share price. Even if they did do an R/S they need value @ 35 mil to stay compliant with NASDAQ and right now if it was averaged high they are only @ about 20 mil. That means this need to minimally double from here. Would be easily done with solid P.R. that can hold after the dilution. After all that they have done to go forward, I am sure they have a respectable plan to keep this listed.
JMHO,
Vic ; )
Doc I totally agree with you with that. The P.R.s that they have been putting out have been soft and only buffered the effect of the Redwood shares. The fact that they are doing that means something. People look at the CES p.r. as all B.S. but they knew it wouldn't jack up the price at all and still they put out the effort to get it out, as again a buffer.
But....
I believe they do want their share price up and if they did give solid news they don't want it being washed away with those shares. I think when they know it is over only a few solid P.R.s that can hold (hold being the key word) will cause the momentum upward and will make this start to show it's worth.
Vic ; )
I think they know their little gravy train of afternoon shares to flip are going to run out here quickly and are bringing it as far down as they can so they can accumulate if good P.R.s start popping up after the dump. Stops being pulled out and a major scare makes me a little hopeful.
Vic ; )
I think it is time for a short squeeze on this one.
Vic ; )
Doc I hope so. Then let it take off.
JMHO
Vic ; )
Damn straight baby!!!!!!!
Vic ; )
P.S. Redwood isn't an investor they are a financer. They could give a chit where they sell. They made their money already and want to get out A.S.A.P. If they did care they wouldn't be so liberal selling.
Vic
Just on mathematics we would be around .40 but if you put investor convidence in, I am sure it would be more like .80 or .90, if not already over a buck. They needed this deal, did it, now it is time to move on.
Vic ; )
I mean seriously, they almost doubled in O.S. since November and they still aren't at that low. Get "f"n Redwood out and watch what this will finally do.
Vic ; )