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#646 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,246
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#647 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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Good God.
You people aren't seriously putting money on PNOW, are you? |
Posts: 43,543
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#648 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Quote:
I looked at pnow. It seems they have some revenue growth recently and are issuing preferred shares to long term investors. It seems their core business of booking hotel rooms sucked but they bought some coin company that is doing better? I'm not real familiar with the (rare?) coin business or why it's profitable. I learned what the word numismatics means. |
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Posts: 6,033
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#649 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
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Quote:
errr...actually it is. Price per share times number of shares outstanding is market cap, as I'm sure you know, and is what the market thinks the company is worth. Typically when someone wants to buy the company -- in a going private transaction or otherwise -- then they offer to pay some premium to the market cap to entice a high enough percentage of the stockholders to sell and then they can clean up the rest. So yeah, it's not a PRECISE indicator of value, but it's the BEST indicator of value on any given day. |
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Posts: 43,125
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#650 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
And check out this statement: http://www.otcmarkets.com/stock/PNOW/news?id=148975 To bring Pure's numismatic market's value into perspective, just this past week, Heritage Auctions -- a platform where Pure's subsidiary, Meso Numismatics, will soon offer its collections -- exceeded sales of over $65M for the week, simply selling numismatic material. I can do them even better. My company purchases our office supplies on amazon.com, which has revenues of over $107 BILLION. What does that say for the market prospects of my company? |
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Posts: 142,246
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#651 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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-$2.5 million in net income.
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Posts: 43,543
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#652 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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PNOW could be a "pump and dump" scam!
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Posts: 51,523
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#653 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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It looks more like a desperate company.
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Posts: 43,543
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#654 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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It could possibly be a real company, but their numismatic move makes it clear that they're a company without an idea or a product. They're just some guys looking for an opportunity if it's real.
If it's not real, it's some rich guys who are using it to shield money from taxes. |
Posts: 142,246
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#655 | |
In Search of a Life
Join Date: Aug 2005
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Quote:
Check out Investorhub some of the comments pretty much state this. Looks like a long history of bag holders. |
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Posts: 43,200
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#656 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,691
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#657 |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Posts: 6,033
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#658 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 45,997
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#659 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
If the stock popped up $3-4 in the next two weeks and the call option jumped to $7.50- $8.00, you an sell at any time. Also, options have ONE DAY SETTLEMENTS. You buy it today, you need the money available in your account by tomorrow. When you sell, the money is available the next day. |
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Posts: 51,523
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#660 | |
Andy Reid Supporter
Join Date: Apr 2012
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Quote:
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Posts: 47,071
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