Rufus is brilliant... the master of finance. We are lucky..... nah.. don't 100% believe in luck. We did the DD .. leveraged in as best we could... now are rewarded for it . They won't be able to stop the PPS 2 weeks from now.
quote:Originally posted by Repoman75: So I don't have to read through 1000000 posts, can someone summarize in 4 sentences or less, what is happening to the stock - dividend, split, or reset? What is the ex date? And when and HOW is this going to be listed on the NASDAQ? Then I'll give my commentary.
Hey Repo. One thing that nobody here has been able to explain is that Rufus stated that Due Bills are attatched and that if you sell your shares you are selling them with the 1+6. On the flip side he also states that if you buy shares now you do not get the "divy". It does not add up - YOU CANNOT HAVE IT BOTH WAYS. Your an expert Repo - how do the "due bills attatch" just vanish in the transaction?
Posts: 507 | From: Rochester, NY | Registered: May 2005
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Feel horrible for those that sold.... we were warned over and over. It's what kept me from flipping or being "without" overnight, despite while all my flipper friends were telling "why don't you sell? The pps will be lower tomorrow or the next day."
-------------------- 'The rewards for those that persevere, far exceed the pain that must proceed the victory!' Posts: 399 | From: leeds, england | Registered: Jul 2006
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quote:Originally posted by RyanPBF: you know dog for me this TDA fiasco of not being able to buy. Probably saved my rear end because I wouldn't sell not being able to buy back in.
I was thinking the same thing..... blessing in disguise.
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Can someone show me in the 10-K where the number of shares per shareholder is mentioned? All I see is the names of the shareholders of record as of Oct. 16th
-------------------- Hi-ho Momo, awayyyy... Posts: 871 | From: So. Cal | Registered: May 2006
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quote:Originally posted by luvforever: so here's my big q who is really gonna sell? Or should I ask who is scared LOL ROTFLMAO!!!!!!!!!
A buddy of mine maybe? I am trying to get a hold of her but have had no luck. She is not that experienced and has a GTC at $13 on her whole holdings. I am trying to reach her, so she can cancel the GTC order...
Good thing is it has a ways to go. Bad thing is it may go there with the number of shares she has sitting there and the pressure applied today.
Common! pick up the phone!
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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quote:Originally posted by liquidmetal: Wow I just read that PR so is this great news? or is this just going to dilute our pps?
Rufus said Right- NOT DILUTION!!!
Rufus just said that everyone is getting confused because they are thinking of this as a dividend or Forward split and it is neither. It is part of a reorganization merger and the shares were given in consideration of the Price reset. Cash dividends are in the future of the company. It a share issuance not a dividend or split.
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Now everyone knows what they have? Please , if you sell now do not cry here.. Do your dd ... Know what you have find it and be comfortable, please.
-------------------- Never lookback... Posts: 896 | From: NY | Registered: Jul 2006
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we have a book value of 70.71 and we're trading at $2 and change, ROFLMAO!!! If you don't understand what Rufus has done, you don't deserve his gifts!!!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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also folks if this is not in writing about selling your originals before the 30th id be very careful as to not getting left behind and not getting your free 6x shares my opinion only, I know im not gonna miss it...are you?
-------------------- Never lookback... Posts: 896 | From: NY | Registered: Jul 2006
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-------------------- If you ever drop your keys into a pool of molten Lava.... Forget it man, They're gone. Posts: 27 | From: Deployed | Registered: Jul 2006
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Kelroz...I don't think you understand. Can you imagine the look on the judges face when this case is brought to him? He would say..."Let me get this clear...The 10-K stated that you would receive a multiple number of additional shares for every share you currently hold on October 30th...and you ran out and immediately sold your shares?!?!? And now you want me to feel sorry for you because you did not understand how stock splits work?!?! What, you really thought they would / could tell you that you have the next 2 weeks to load up on shares because they are going to give you more shares on October 30th. Wouldn't that be consisdered insider information if you knew that ahead of time? Get the heck out of my courtroom!!!".
quote:Originally posted by Kelroz: God you dont understand. I am beginning to understand Repo's koolaid remarks today.
quote:Originally posted by 10of13: Still the same deal...just a different date...You can't sue someone because you are impatient...
quote:Originally posted by Kelroz: You guys are not seeing what I am saying about a lawsuit. Read the difference in the 10ks.
He CHANGED the DIVY DATE after trading hours. PPL sold thinking they could get back in by 10/30 and then he changed it to 10/16 locking those SAME people out. I have NEVER seen that done before.
Again this is America and you can sue for ANYTHING! Question is would it be worth it?
quote:Originally posted by luvforever: No folks nolawsuits he he its the stocks you either sell or hold to get what it's worth! If you wanted money now (greed) you sold if you wanted more money(smart) you held! Just like if u thought it was going down u sold if scared and wanted to save some but if u know what this co is you held and trusted same as any other trade with any other stock.......He warned everyone did you heed to his words????? glta
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
St. Matthew Posts: 885 | From: Dallas, Texas | Registered: Sep 2006
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