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robtewms

02/14/18 9:56 PM

#18793 RE: KelliBlue #18792

MMs are just algos for the most part. As those naked shorts from weeks back are all no doubt covered I’m sure they have little interest in accumulating shares in this low volume ticker.
That’s the reason for the low bids.
Even at 100M shares current market cap would be less than yearly revenues. Dilution is not really an issue.


Lots to unpack here. No way short covering is done. That would mean shorts have left money on the table. I'm sure they have not. TMPS isn't a low volume ticker. There's no buying pressure or Ask slapping because investors have lost confidence in pps appreciation. TMPS can change this in short order. But, they refuse. And, the low Bids are because people know that no buying pressure will eventually become selling pressure. Hence, the patient Bid Sitters.

I calculated $12M or nearly 10x TMPS market capitalization. Recall, the revenue took a 40% hit due to loss of TMPS business with Customer B*. So, revenues may not make the best case for the point. Dilution means less of the company's profits are returned to the investors or reinvested into the growth of the business. So, it's a big deal as evidenced by the TMPS pps.
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Malone

02/15/18 6:32 AM

#18795 RE: KelliBlue #18792

And exactly what do you claim to know is the yearly revenue? How can you make that statement based on last filing which we all know said they lost 40% of their revenue, and shed 80% or something of their employees. And if this Co is so great I'm sure filing will not be late, correct?? Only Companies hiding things file late.