$Ault Alliance (AULT.US)$ any one tracking the news on this...
any one tracking the news on this? what do you think?
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hi there
welcome, if you think I know what I am doing,,, not a chance. I'm still learning. but having fun with it.
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M1ck : Repurchase plan so I think it’s going higher soon.
M1ck : It already hit 1 today look at Roma it was about this price and now it’s been above 1 for the past week. So I think this one will be similar.
let it squeeze OP M1ck : here is what I am curious about, the talk about 50 million dollar buy back, what would you estimate the share value for a tiny float like this
M1ck let it squeeze OP : Each Preferred Share shall have a stated value of $1,000.00 per share and, upon stockholder approval, shall be convertible at the holder’s option into shares of Common Stock at a conversion price equal to the greater of $0.10 per share
M1ck let it squeeze OP : Let me know if that answers your question
let it squeeze OP M1ck : the greater to .10 per share is throwing me off a little, still new to trading, definitely took a few big hits since I started, assuming you had the same when you started too. just trying to learn. appreciate your patience and imput
M1ck let it squeeze OP : Yeah I started off bad. I’m doing good but I’m also not very good at a lot. But plus with more volume I think we could push to .9-1.2 soon. With a buy back I feel there has to be another pump above 1 anyway. So I’m waiting. Good thing I bought low and it’s a small position. So I’m testing it out.
M1ck let it squeeze OP : I’m starting small with my investments and when I’m better I’ll gradually raise how much money I use. Unless I see a good opportunity
M1ck : Also the average cost is 3 so I’d like to think this stock would try and push its value up sense most investors are averaging $3. Not saying that’s a good way to say it’s going up. But the repurchase program is to help restore value into your shares. So I’m hoping I’m correct on this and we see a price target of +3 or more. For now I’ll just load
M1ck : Sorry for all the random comments. But they also decided not to do some loans and thought this would be a better way to gain more capital. We’re above the first EMA so I’m thinking we climb higher soon
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