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we're headed to $10.
I have never followed jcpenney as it was never an industry that intrigued me. After this bankruptcy I decided to dive into the company and do a little homework.
It seems to me like jcpenny biggest problem is the executives. Adapt or die, the debt problem could be solved very quickly in my opinion. These problems that jcpenney has had for the last 10 years could be solved easily by any good ceo. Dieing but still not dead , just less thread on the string. Bring in bezos and the upside is huge.
Thoughts Twister on what is taking place?
I wasn’t paying attention the last two times this happened to vtsi. But I was very attentive today seeing how the stock was moving .
It seemed to me like somebody made a quick initial pump in right before/at open to get the price moving up. Bought in big a few times in the morning/mid. Then was eating up anytime around Fallen shares from 3.30-3.45 mid/eod
It seemed different than multitudes trying to make a quick flip. But I could be wrong and have been more often than not with vtsi. But excited to see what follows.
At first I though the pop would hold, then I thought forsure a drip back would be coming, now I think something is going on. It seems someone is still eating up shares around 3.30-3.50?
not sure what to think, best and worst case scenarios?
Axon purchasing vtsi is a pipe dream though it does make a lot of sense.
here comes the drip back down....
Idk this seems like a buy and hold...different economy , different company.
With axon help this is easily a 100 mill company in the next 6-12 months. I agree with fish that virtra would fit nice with axon and they could grow virtra quickly in ways we need help. I think we will get lowballed if they come in now tho so I hope they don't.
I don’t want an axon purchase unless there gonna whip us at least $10 a share equiv
what a morning huh
Penn basically back at pre pandemic level is beyond outrageous. Shaky pre-market shows this.
Today is going to rip.
Ya there are certain times opportunities arise that you need to set down plans and chase. This is one of those times and who knows could lead to something really big .
I don't know because I have never been in a virtra sim. But I am sure race plays a big part in the simulator when it comes to use of force training. If this guy had to spend multiple hours in this sim a week/month and he was constantly preparing I do believe this wouldn't have happened. Over time it would prepare/change his internal beliefs that he held and fix them with the correct way to handle a situation. Same concept as the media uses, you tell someone something for an extended period of time, weather it be true or not, and they start to believe it.
I believe it does, we can see how it plays out...
I question if bob wants the price low?
Insiders nowhere to be found why stock tanks...not that burlend cares.
Won’t catch me buying right now. If I wanted to risk my $ on the roll of the dice I would head to the casino. Still no statement or plan.
Why do you expect $3?
Come up and get them if you want in.
I wont speak on what happened to much because I only have seen the video and some talk on fox news.
But its crazy, like how many more times will we go through this same sort of incident before we equip our police with the best possible training tools. The amount of backlash this and other incidents like this you cant even put a price on.
If this officer had ran through virtra simulator once maybe twice a week I believe this wouldn't have happened. Its one thing to be told at a desk how to handle a situation, its another to be in the stress induced vtsi sim preparing for the situation.
Ya. sad what happened. It is tough to watch the video that came out. Prayers for George's family and the police officers who were not involved in the incident and are facing backlash of a coworkers poor decisions.
I truly believe that if this officer had access to virtra system and was required to put in hours each month on use of force training. I believe he would have been better prepared to handle the situation rather than acting out of emotion. You cant afford to have a bad day of work as a police officer and I think if he had access to better training this wouldn't have taken place.
I am fine with keeping the shareholder in the dark as long as the right moves are being takin in the shareholders best interest. Do not issue shares as that changes the whole game. I believe it is nothing more than a threat to whoever is making the push for the board.
if you need money in the future issue debt. Keep the min outstanding shares until we at least reach 75-100 mill market cap.
Welcome to the market.
I always play the rich/suit corruption into my price targets.
still here. but def running out of steam.
Ya the more I looked at the s3 I believe that they don't have to abide by the 1/3 public float?
Just terrible timing. I am not selling anytime soon but was planning on buying right now but because this s3 will not be buying until I know what is going on. Maybe bob should say something about this because when companies file s3 at 52 week lows its usually not a good look I would think.
Since i'm not buying... after doing some homework I noticed that uk company has some current ownership changes going on they seem to work closely with MOD which would be nice. But to issue 1.5x current outstanding shares would require a massive contract. I love this stock for the minor amount of shares outstanding we have and don't think we should issue more shares when financially we are doing fine, we need sales not money.
Lol this message board is great. GregginAZ in hiding for 2+ years, gets the call from the bullpen and arrives within the hour. I love it.
I understand what an s3 is I am just confused as to why bob filed it at a 52 week low when companies are getting basically no interest loans and we have cash on hand?
Get on board asap or get left behind. DKNG, PENN, now mgm turn with no looking back anytime soon.
$42 Q4 2020
Maybe bob wants it to tank so his boys on the outside could buy up and take it private. Well see.
What are you doing filing an s3 with the price at a 52 week low and cash on hand. Total dork.
No idea who Greg is but will probably meet him sitting next to bob in court by the looks of things.
I don't want bob to take it private. I want him to run this thing up for the next 25 years and make me rich. I understand at some point that will require him to raise more money, that time is not now and I hope we don't see a close out of some sort.
Still no statement from vtsi...
I’m just trying to figure out why a company would issue shares with no statement when they have cash on hand and could get a loan at virtually no interest. Clearly everyone else on this board understands why , maybe I missed the shareholder conference over Memorial Day weekend ??
I disagree with every point on here and will explain.
1. I do believe more is known on this message board about what is going on inside vtsi. The s3 was posted on this website before it was filed, 2 larger share owners of the company (below 5%) were helping bob make decisions while many investors knew nothing about advisory board because there was no public statement, bob including insiders in s3 which means absolutely nothing except manipulating honest shareholders.
2.S3 signals nothing big ahead. This is a ferris special, stir up doubt/optimism in the honest shareholders head while ultimately getting what you want which is more funding at the shareholder expense/while protecting a push for board if necessary. Family member shares mean nothing being included in s3. At any moment they could sell there shares.
3.no big contract on the way which is why this was filed on a Friday on memorial day weekend. Twister addressed in back in march ( I have no idea how since the s3 was filed Friday) saying more shares would be issued while diluting current so no body could push for his precious corrupt board.
4. I would not disagree here. I think he will try to purchase something but bob is no slouch. He will do whats best for bob and insiders. I expect him to purchase that company in uk that brings in 1 mill a year and not even sure what they do or if they are a real company while using shareholders to do it. If he issues a single share for that company purchase I will be furious. I want to know why Saltz has been head of 6 companys that all fail and he is worth over 15 mill, Ferris has more LLC for a 30 year old man than ive ever seen, the director of training at virtra has an llc which I still don't understand what it is for, ir relation changes like crazy, fights for board, I honestly question if vtsi has been lieing about reports. This is a mess.
If bob issues a single share to purchase that ridiculous uk company that brings in 1 mill a year I will be furious. Im not even sure what they do or if they're a real company.
Still green tho.
He cant issue more than 1/3 of outstanding shares within a 12 month period?
Class action suit is not nuts to talk about. This looks to me like a move Mitchell saltz would make. Do I trust the insiders to make the best move for current shareholders... no I don't they are all bobs yes men trying to save their position. We need 65 mill contract/contracts for this move to be minorly valuable over that time. If you need 2 mill over the next 12 months then go sell product and quit ripping the shareholder.
If this hurts the shareholder position, yet again, I believe it is time to have the conversation about steps to take.
Here come all of the chart guys out of the woodworks...
Going to be interesting to see what happens over the next few weeks.
This answers some of my concerns...
https://news.yahoo.com/massive-lines-form-outside-morongo-164848448.html
Ya I know. I just mean I agree that there is a deal already in place. How that will play out I have no idea. But I think we are in the end times for vtsi publicly.
Seems to me there has been a lot of leaking going on within vtsi when honest investors got nothing. How long has this been going on? Did many know that this has always been bobs plan? I don't recall him saying anything public about this? Suit for sure in play.