Are you guys on crack? I mean really... After reading a few of the recent posts on here I am begining to wonder if you are even talking about the same company...I am going to try to take these one by one.
I just read alot of posts about people debating whether people are going to sell on monday or tuesday when there shares get converted..... Where have you guys been because your not doing a great job keeping up with the news. Most of the brokers already converted the shares on friday, yes there are still some that will convert on monday, but most people already have their new shares. So i am wondering why people assume that they will for some reason sell off on monday when most people already had them on friday and didn't sell off.
The next thing I see is people questioning if people will continue to sell off, even at 7 cent levels. Hello, did you guys not see what happened on friday? Let me remind you all what happened on friday. THERE WAS NO SELL OFF ON FRIDAY! Yes the stock was down 3 cents for the day, but guess what, THE BUYS OUT NUMBERED THE SALES like 7 to 1! The MMs for what ever reason kept the stock down all day. If the MMs actually let the stock trade naturally on friday instead of foricing it down with absurd control, ARTS would be around 14 or 15 cents right now. There was a MASSISVE amount of buying on friday and basicly NO selling.
The other thing I saw was people talking about and hoping for "good pr" to come out. Hello? They just annouced that they bought a awesome company for what amounts to basicly NOTHING. They bought a company with a ton of assets and a great track recorded in dealing fine art. And they ONLY paid 1 million for a company that is worth around 12 million based on solely the value of their assets and nothing more.
On top of that, they annouce a R/S in that same PR, which is actually the best thing ARTS could annouce at that time. The RS got this stock out of sub penny land, and it got rid of all of the diloution and O/S, and most importantly it transformed this stock from a pretty useless stock to one that is now ready to move up a great amount on any good news and stay up.
If you know anything about stocks or the markets, then you would know they already released GREAT PRs. No one should be expecting another "great" pr on monday. They already released some great news last week. On top of everything else that they just annouced, they will be releasing their 3rd quater numbers and a PR to go along with that within the next 2 weeks! I do expect them to release more PR before the numbers hit, but common people, this company has released nothing but steller news over the past week.
To break it down with FACTS:
ARTS went from 700 million O/S to now only around 14 million O/S. They completely got rid of all of their dilution and rased their stock out of sub penny land. Their stock is now in a position to rappidly move up on good news.....
This is a strong company that is getting even stronger! Their sales numbers for the first 2 quaters of 2009 were up 1100% over the same time period a year before. That is a MASSIVE increase in sales! ON TOP OF THAT, they bought a company in June that does an average of 3 million in sales a year.....Then, they just annouced that they bought yet another company for basicly NOTHING and it's worth around 12 million and that is ONLY based on the asset value alone. This is not some BS company that did a R/S to make their company "appear" to be stronger. This is a strong company with REAL sales and income.
On top of all the other good news, you have a stock that thanks to the R/S is now ready to expload upward on good news. Well we only have at most 2 weeks to wait before not "good", not "great" but outstanding news hits! They are at most 2 weeks away from releasing their 3rd quater earnings. Not only will ARTSes numbers be steller, with even stronger sales and more profits. But they will for the first time be combinding the sales of the company they bought in June with ARTSes own sales numbers. Together, the sales for the 3rd quater should be stunning. When those numbers hit, along with the PR that the company will issue annoucing the great numbers and giving more detail and insite on everything, this stock is going to expload upward!
This is easily one of the best stock picks I have seen all year. This company really should be around .50 a share right now, and realsiticly even higher than that. How much it goes up once those numbers hit is anyones guess. But I fully expect this to go up a hefty amount and stay up. Anyone who bashes this stock for any reason is completely full of BS and has no idea or even small hint of what they are talking about. At worst they are just paid bashers. I am long and strong and I belive most people who own this stock are the same. Good luck to all!
