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Re: wellbri4 post# 28985

Sunday, 05/14/2017 10:12:05 PM

Sunday, May 14, 2017 10:12:05 PM

Post# of 54419
This is no closer to going under than it was a month ago. In fact they have eliminated some debt by the recent agreements. Dilution will continue at a controlled rate. The bet is that they sign a blockbuster deal in the meantime. At theses prices it is worth the gamble imo as there is no one else that has this lightweight technology that the military and space programs need. the CEO owns 25 pct of the company and boones commitment to continue funding...that's either complete over optimism or a deal must be close. The 8k after hours Friday is only 189 million shares which can trade out in one session and is not as discount as the math implies when you consider accrued interest and dividends owed the lender. In fact it's about par to market value. If you are just playing the next pop or hoping for the homerun this is the loading zone as evidenced by the 31 million eod trade Friday. if it was a market maker purchase or swap it was done on (or close) to the ask and they would know more than us where the price is going. If it was retail then 16k purchase speaks for itself Imo If they can get a solid contract this will scream into the pennies for starters after that who knows. Used to trade multiple dollars on Nasdaq
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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