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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (58536)11/22/2016 1:42:29 PM
From: MCsweet  Respond to of 78753
 
$0.60 was an aberrant trade as trading platforms not set up to handle orders. There is a large bid 1.01 and last price of 1.25.

I think this is not such dramatic news, but stock stend to trade down after being delisted unless the delisting is only a temporary thing. If we assume it is temporary in this case the stock is a buy. Otherwise the stock is likely a sell, so probably nothing resolved here :)

MC



To: Elroy who wrote (58536)11/23/2016 6:56:49 AM
From: Spekulatius  Respond to of 78753
 
Re TCPI
I wasn't expecting a "we can't get the filings in" announcement. As I understand the founders have 70% of the stock outstanding, they've got the most at stake to get the filings up to date.
Not necessarily. If the owners want to do a take under , a cheaper stock price is better. Also, if the owners are fraudsters, and have means to extract value from the company with other means than stock sales, than the stock price doesn't matter either, but the lower reporting requirements of an OTC listing sure would be convenient.

I am implying nothing of the above in the case of TCPI, but stating that the majority owners have the most to lose, is just not always true.