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I am not Joe. Try looking at my posts and compare to his. There is a significant difference in the verbiage.
If you want to know about Rich, why don't you ask him?
An no one is deleting anyone's post. If a post is deleted, why don't you reach out to the moderators who are the only ones that can delete posts. Maybe you are breaking their posting guidelines.
Dude, you need to take a chill pill. First off, as long as you purchase by Wednesday 11/28, you will get the shares. It just depends on whether they come directly from the company of from the investor you purchased the shares from. Second, I saw you posted a 20 for 1 split and it is not that. It is equivalent to a 21 for 1 split since they are giving 20 shares for each share you own and keep.
First off, congrats on getting those shares. Second, you will get 20 shares and keep you existing share, so you will have 10,500 shares, not 10,000. And yes, after any dividend is paid, the stock drops by the price of the dividend, however it is still affect by market buys and sells. What I mean is that if the stock is $21 and you have 500 shares, you have $10,500 total. On the ex date, the stock should go down to $1 and your 10,500 shares is worth $10,500. You account is the same value. However this is where the market effects it. If there is news, such as the investor conf call on 12/3, then the price could go up from there. Time will tell if enough good news is coming to keep the price up, somewhere between the post dividend of $1 and the pre divided of $21 (those are just prices I'm using as an example).
I had posted this on Monday "I don't know. I would like to see the volume at zero for this week. It is said on the Yahoo site that you need to hold your current shares until the dividend 11/19. If so, then if you sell now, you don't get the 20 shares. They will go to the person that buys your shares. Therefore, if everyone pulls their sell orders, the ask price will go up. Then if someone wants to buy, they will have to raise the bid price. No one should sell right now, if you want the dividend shares. If you bought at $2 and just want your profit, then you should have sold a week ago in the $20-25 range, not now. I think there is confusion with the dividend. "
Now thru at least Monday 12/3, you should not put your shares up for sale, unless you raise the price to like $100 or something. With no available sellers, the buyers will have to bid up the stock to get shares.
myke2, you keep posting incorrect info about the number of shares after the 20 to 1 stock dividend. Using your example of 1.35M shares currently outstanding, you can calculate the new OS shares after the stock dividend 2 ways: 1. 1.35M + (20 times 1.35M = 27M) = 28.35M shares afterwards or
2. 1.35M times (1 + 20 = 21) = 28.35M.
Any way you want to calculate it, it will be 28.35M shares (using your OS amounts).
So now the dividend dates are changing again, and unknown. This is good news and bad. Good news is that maybe anyone that sold thinking they would still get their shares can buy back in. The bad, is this going to be seen as possibly a shell game by GNBT...by some.
I don't know. I would like to see the volume at zero for this week. It is said on the Yahoo site that you need to hold your current shares until the dividend 11/19. If so, then if you sell now, you don't get the 20 shares. They will go to the person that buys your shares. Therefore, if everyone pulls their sell orders, the ask price will go up. Then if someone wants to buy, they will have to raise the bid price. No one should sell right now, if you want the dividend shares. If you bought at $2 and just want your profit, then you should have sold a week ago in the $20-25 range, not now. I think there is confusion with the dividend.
With 135M shares outstanding, $10 would make this a $1.35B company. I do not think someone is going to come in with $500M to buy out all the sell limit orders at $10.
I agree with Weezuhl, let's keep this a polite forum. No need to insult other posters.
As far as why Generex didn't get any of their IP to amount to anything, IMO is due to the derivative/warrant overhang. They could not issue or raise new capital to continue with research. Now those issues are behind them. Let's hope that Joe and company can make the best of a "fresher" start, albeit not a new start.
The 1-1000 reverse is smart. Without the reverse, the company would have to raise money and offer 100% warrant coverage with it. Basically costing twice as much. After the reverse, the company should be able to raise money without all the warrants, so not diluting as much. Definitely a smart move, whether some like it or not. Also the reverse does not change your holding as a % of market cap, so it was a non event.
If you doubt I am the one and only TC, here is my post on digitaltradz board just now.
Reply #110 by tc2000chartreader « March 16, 2017, 09:17:38 AM » I emailed this video link to Joe this morning at his Generex email address. He respond very quickly, so he is definitely staying up on the running of Generex. Anyway the video is an introduction to OWCP that digi likes. I suggested Generex should produce one as well to introduce the new Generex. He respond that he likes it very much. Maybe they'll produce one.