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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Ms. Baby Boomer who wrote (100235)1/4/2018 1:19:27 PM
From: Lazarus  Read Replies (1) | Respond to of 222540
 
Hmmmm... well they've sure been good to me.

Here's an example of some I have owned:

IEHC purchased in 98/99 at .15 to .18 (out)

SPND purchased around the same time starting at .18 cents (out )

CDLA purchased around the same time with lowest cost shares picked up a few years later under a dime.(out)

OPCO which I started buying at .15 cents. Sold out last year at $1.46

I had one bio tech penny I bought at .002 (cant recall the name and they later changed the ticker) that went to $3.00 but I was out the last of my shares -- I think around .30 cents

I sold this one last year -- AMNF --- purchased in the .60's at which time they were paying a divy of .03 per share and a bonus divy of a penny. (they still are -but yield much lower now).

I had one penny stock that I began purchasing at .03 cents and had a cost basis of about a nickle that went to almost $19.00 --- this is the pityme stock of my career in trading as it went bk and I still have around 125,000 shares I never I sold ( but hey, I made a few bucks on it)

The list goes on and on and on ... at last count I had 84 (mostly) penny stocks that went to ZERO in my accounts that represent 7 figures in money left on the table... but i still manage to poke along. So yeah, they can be dangerous



To: Ms. Baby Boomer who wrote (100235)6/5/2018 12:19:11 PM
From: Lazarus  Respond to of 222540
 
sold some this am at .26495



To: Ms. Baby Boomer who wrote (100235)6/8/2018 7:14:14 AM
From: Ms. Baby Boomer  Read Replies (1) | Respond to of 222540
 
Only if one knows how to Trade the OTC Pink Sheets...

Congrats Laz...

TGIF....

M



To: Ms. Baby Boomer who wrote (100235)1/7/2019 5:54:06 PM
From: Lazarus1 Recommendation

Recommended By
Ms. Baby Boomer

  Respond to of 222540
 
RE: update on HUGE mentioned here early last year (bot a block when it dipped under .03). Just saw the buyout money deposited into my account and the cusip is in an escrow account. I think shareholders who didn't sell into the bid are eligible for additional earnout payment over the next few years if I understand the press release correctly.

I sold most of my shares when it popped big time and think I even got some off at .24 (over the buyout price) but kept 20k+ shares.

Transaction details The aggregate consideration payable at the closing by Deltatre for the equity of Massive and its subsidiaries is approximately USD $76.6 million, with USD $47.9 million of such equity amount payable in the Merger of Massive and USD $28.7 million payable to the other holders of equity of the subsidiary. Under the terms and conditions of the definitive merger agreement, Massive’s common stockholders will receive USD $0.22128 in cash per share. The aggregate amount payable to common stockholders shall be reduced by a total of not more than USD $12,000, if closing occurs after 20th November 2018 but before the 28th November. Massive’s preferred stockholders will receive USD $0.001 per share of preferred stock upon closing of the merger.

Additionally, after closing of the transactions, Massive’s stockholders and the other sellers will be eligible to receive a contingent earnout payment with a maximum aggregate value of USD $35 million. The payment of the earnout is conditional and may not occur; it is subject to Massive and its subsidiaries achieving certain financial targets in the three calendar years following closing of the acquisition, subject to acceleration or reduction in certain circumstances.
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