posted
alright, just WAIT, it may be to risky for me to hold through the merger but hell if I am going to sell now. IMHO this will go up even if its just a little bit before the merger and then sell. Or hold if more news comes out about the whole thing and you like it. Just my thoughts. Good luck to all and lets atleast get our money back or sell for a small profit
-------------------- let it ride!!! Posts: 635 | From: Orlando Florida | Registered: Mar 2006
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quote:Originally posted by Repoman75: Jdg - I've already started the process...
I have an idea/product, I know how to get listed on the pinks, I have already talked to a "marketing" firm (aka, pump n dump firm) to help me get the company name out there. Probably hear from me in about 6 months.
No need for phony PR's.. just need to embelish.
Nice, I'm in. Who else? we need to raise capital...i think we need a company value of 1mil to get listed.
Posts: 406 | Registered: Oct 2005
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posted
I dont know what the bottom is but I think it will have a dead cat bounce between now and late next week. Most hypsters will say "see this is a great deal it is the greatest thing since sliced bread" and I will be dumping like a mofo. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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posted
I did that with Enron and broke even when it went from .25 to 1.00 after they filed for bk. IT was my greatest move. That of course after my worse move of buying into that pos. lol. Maybe its time for history to repeat it self. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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posted
I have to agree. The lower APOA goes, the worse for us. Its a fact we are getting whatever APOA's 20 day avg prior to closing date is and we r getting a 1/4 of the value. Example: 4 JPHC= 1 APOA. Example 2: JPHC bought at .001 is equal to APOA at a 20 day avg of .004.
So u all better hope APOA avg is much higher then .004 and u get JPHC as low as possible.
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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posted
No way could I hold this stock for 1 or 2 yrs without being able to do anything but watch.
Im out before closing date for sure or maybe keep small portion in to see what happens in next couple yrs.
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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posted
ROI, your analysis is based on the .005 price of JPHC, which seems to still be in question. Half of us think .005 is the JPHC price and half of us say "No, the 1/4 is the exchange rate, so if APO goes down, our shares of APO after the conversion go down."
I'm not sure which to believe and am too lazy at this point to call anyone for confirmation
quote:Originally posted by roiresearch: Analysis based on my position and today's close of .0005
The lower APOA goes, but better our exchange ratio and lessens our risk going forward
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
for me to hold JPHC would have to go over .0015 and evrything else about this would have to be golden - then maybe some of my shares would ride and that would be for curiosity
Posts: 230 | From: florida | Registered: Feb 2006
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I just wrote a post and it didn't go through, so I won't retype the whole thing, but here's the source of the confusion.
"As consideration in the merger transaction, APO has agreed to exchange shares of its common stock ("the Issuable Shares") with JUPITER's shareholders at an exchange ratio, which is subject to adjustment under the Merger Agreement that values the JUPITER shares at $0.005 per common share."
So this part says the EXCHANGE RATIO is adjustable, not th e.005 JPHC price.
See where the confusion is coming from?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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The 20 days preceding the closing of this transaction will determine our exchange ratio of JPHC:APOA
If APOA were .02, we'd receive .25 shares of APOA per JPHC share
If APOA were .015, we'd receive .333 shares of APOA per JPHC share
If APOA were .01, we'd receive .5 shares of APOA per JPHC share
Since the transaction has not closed, and isn't expected to close until 5/10 or 5/30 (I have to reread the 8k), we are still in the 20 day period preceding the closing of this transaction. Anyone that says otherwise is full of bs
The lower APOA goes during this 20 day period preceding the close of the transaction is only beneficial to JPHC longs.
Once the conversion happens, then you want APOA to go up. Until then, let it drop like a rock
Posts: 817 | From: Florida | Registered: Feb 2006
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posted
Do you see where Chad is coming from though? the APO PR seems to imply that the 1/4 is the number that's locked in. They never mention the .005.
quote:Originally posted by roiresearch: .005 is the buyout number
The 20 days preceding the closing of this transaction will determine our exchange ratio of JPHC:APOA
If APOA were .02, we'd receive .25 shares of APOA per JPHC share
If APOA were .015, we'd receive .333 shares of APOA per JPHC share
If APOA were .01, we'd receive .5 shares of APOA per JPHC share
Since the transaction has not closed, and isn't expected to close until 5/10 or 5/30 (I have to reread the 8k), we are still in the 20 day period preceding the closing of this transaction. Anyone that says otherwise is full of bs
The lower APOA goes during this 20 day period preceding the close of the transaction is only beneficial to JPHC longs.
Once the conversion happens, then you want APOA to go up. Until then, let it drop like a rock
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: [QB] Do you see where Chad is coming from though? the APO PR seems to imply that the 1/4 is the number that's locked in. They never mention the .005.
Yes, but Chad's 1/4 number is fixed. In the 8K filed by APOA, it's the contrary:
"...one-quarter (0.25) of a share of common stock of APO (the “Conversion Price”), subject to adjustment as described herein (the “Issuable Shares”), and shall automatically be canceled and retired and shall cease to exist. The Conversion Price is based on $0.02 per share, the market price of APO’s common stock at the time of execution of the Merger Agreement (“Market Price”). The Conversion Price shall be adjusted proportionately should the average closing sale price of APO’s common stock for the 20 consecutive trading days prior to the closing date be greater or less than the Market Price."
The "conversion price", that is .25 or 1/4, will be adjusted proportionately to APO's share price, which means the "conversion price of 1/4 (.25)" is NOT FIXED.
Posts: 159 | From: San Diego, CA, USA | Registered: Feb 2004
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posted
No, I htink that the "conversion price" is the price of APO common stockl (that's where the parenthetical is)
Either way, my point is neither side should be saying "you're wrong" until we get some clarification. Just trying to play the neutral party here and say both arguments seem valid.
quote:Originally posted by th0th:
quote:Originally posted by PCola77: [QB] Do you see where Chad is coming from though? the APO PR seems to imply that the 1/4 is the number that's locked in. They never mention the .005.
Yes, but Chad's 1/4 number is fixed. In the 8K filed by APOA, it's the contrary:
"...one-quarter (0.25) of a share of common stock of APO (the “Conversion Price”), subject to adjustment as described herein (the “Issuable Shares”), and shall automatically be canceled and retired and shall cease to exist. The Conversion Price is based on $0.02 per share, the market price of APO’s common stock at the time of execution of the Merger Agreement (“Market Price”). The Conversion Price shall be adjusted proportionately should the average closing sale price of APO’s common stock for the 20 consecutive trading days prior to the closing date be greater or less than the Market Price."
The "conversion price", that is .25 or 1/4, will be adjusted proportionately to APO's share price, which means the "conversion price of 1/4 (.25)" is NOT FIXED.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: No, I htink that the "conversion price" is the price of APO common stockl (that's where the parenthetical is)
Either way, my point is neither side should be saying "you're wrong" until we get some clarification. Just trying to play the neutral party here and say both arguments seem valid.
Oh I definitely agree that we should get some clarification. I am basing the "conversion price" to be the same definition in the investor world:
which clearly, if based on that definition, to be .25 and not the price of APOA common stock.
Now if I am wrong and it isn't, then I would like to slap the person that wrote the 8K for APOA, because saying that the "Conversion Price is based on $0.02 per share, the market price of APO’s common stock" is different than saying Conversion Price is $0.02 per share, the market price of APO's common stock.
Posts: 159 | From: San Diego, CA, USA | Registered: Feb 2004
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posted
Someone said something about dividends......anyone heard anything like that? I do not think we will stay at .0005 forever. Just everyone scared and selling to others who want to make some $$$ and are going to!
Posts: 129 | From: DFW, TX | Registered: Mar 2006
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posted
For many of the Longs here, this was NOT a play for new stock. It was based on the buyout/merger price and the probably Short Squeeze that was to come as the float was, and has been exausted for quite awhile.
I notice even though the price dropped to .0005, not many if ANY could buy at that price, and there was ALSO a ton of bashers still out there giving out false information. If there are no shorters, or the shorters have covered over the last 2 days...
Why are they bashing a stock that is already in the endgame? Because they havnt come CLOSE to covering, and only 9 more trading days remaining.
I also want to check out what the percentage of buys to sells that occurred today, because there were some MONSTER buys that came in.
Anyway, just food for thought... this is just day one after the PR... some interesting things may come before the merger, and Im looking at the short squeeze more a new restricted stock...
And so are the longs who still control the float.
The Doctor
-------------------- DrWho Posts: 78 | From: Mesa, AZ, USA | Registered: Jan 2004
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posted
Better tommorow ?? please tell me why you think that.Iam down 60% right now.I am sure glad I did not buy many shares at .0012
Posts: 127 | From: Ohio | Registered: Mar 2006
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posted
He just likes to tweak people. Pay no attention to him. He goes from saying "this stock will be .0001 by the end of the day" to "I will buy if it hits .0003" and back again in consecutive posts. If he thinks it's going to .0001 I doubt he'd be buying
quote:Originally posted by 2fstws6: Better tommorow ?? please tell me why you think that.Iam down 60% right now.I am sure glad I did not buy many shares at .0012
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Chad, yesterday you claimed to be new at this. I believe you about that.
Hey Doc, if you read this I would appreciate one more honest answer...
Did your group acquire their JPHC shares on the open market (all, part, or none)?
---------------------
Nothing has changed since yesterday, don't forget the plan... wait for the s-q-u-e-e-z-e and don't get caught in the trading halt before lock-in date.
If JPHC goes down to .0002, I'll buy more at .0003. Nobody here is going to get filled at the bid, but they can't stop 3s. Apply the same tactic if JPHC goes down to .0001/.0002.
If APOA goes down to .0001, I will probably die from self-inflicted gunshot wound to the head before forcing myself to pick up some cheap shares.
Disclosure - if I choose to convert any shares, it's because I can afford to do so for the lesson value, not because I think it's a good long hold.
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