So if you had $50K to invest, where would you put it?

Rmtt · 06-10-2020, 04:39 AM

QTT

This is an intermediate/long term pick and should mirror what CIDM did to an extent.

Also posted +4% earnings. It's at 2.76 right now and doesn't have much resistance until right near the $4 area if it gets enough volume.

Cinedigm Announces the Launch of New Global Animation Network CONtv Anime™

Latest Growth Initiative for Cinedigm’s Flagship CONtv Brand Combines CONtv and Viewster Global Footprints to Reach 295M Devices Globally.CIDM Partnership with youku.alibaba/ is parent of Youku.

Nuckle · 06-10-2020, 07:04 AM

Quote:

Originally Posted by Rmtt

Quote:

Originally Posted by Nuckle

CIDM?

Took a pretty big hit today? Still worth staying in or jump ship you think?

I never jump ship...but I am stubborn. If I get in a position like that...then a short term hold turns into a long term hold and I try to average down. This company will come back up at some point....most all do....but people like this one for some odd reason.

What did you get in at? That stock jumped over 200% less than 10 days ago. PM right now it's showing at 2.50.

I would hold until at least the 16th when financials come out. Also the stock is being heavily "shorted" right now.

I got in late @2.71, it's already bounced back. I am stubborn too but trying to change my ways lol. I will wait until the 17th. Thank you sir.

Rmtt · 06-10-2020, 07:33 AM

XpresSpa Announces 1-for-3 Reverse Stock Split speculation...I need to confirm.

Do what you want...but I am holding. This is to get more investors in, the bigger investors....and will get the Penny Flippers out.

In terms of a R/S a ratio of 3/1 is nothing.

So...you will have 1/3 of shares you currently own and price will be 3x more per share.You still own the same amount you have before.

R/S will of course increase share price BUT will decrease shares outstanding by 30%!

Lower float = bigger moves when PR hits

Nuckle · 06-10-2020, 07:47 AM

Quote:

Originally Posted by Rmtt

XpresSpa Announces 1-for-3 Reverse Stock Split speculation...I need to confirm.

Do what you want...but I am holding. This is to get more investors in, the bigger investors....and will get the Penny Flippers out.

In terms of a R/S a ratio of 3/1 is nothing.

Hmmmm considering buying some more but not sure where it will bottom out.

E92inNC · 06-10-2020, 07:51 AM

Quote:

Originally Posted by Rmtt

XpresSpa Announces 1-for-3 Reverse Stock Split speculation...I need to confirm.

Do what you want...but I am holding. This is to get more investors in, the bigger investors....and will get the Penny Flippers out.

In terms of a R/S a ratio of 3/1 is nothing.

So...you will have 1/3 of shares you currently own and price will be 3x more per share.You still own the same amount you have before.

I went through this with ACB in April or May, they did a 13/1 split but positive revenue news came out a short while after and it shot up.

I averaged $8.40 after the split and thought I sold for around 40% profit but it was actually $16.80 after I went back to look. Did really well on that one, shame that it was one of the very first stocks I bought starting out and only spent $300 cuz I was taking a flyer on it.

E92inNC · 06-10-2020, 07:53 AM

Quote:

Originally Posted by Nuckle

Hmmmm considering buying some more but not sure where it will bottom out.

This was the dip I was hoping for to add some more. I’m gonna put in for some at 1.50 and more every .20 it goes down.

corn18 · 06-10-2020, 08:00 AM

This isn’t their first split. They did 1:22 and 1:10 after the bottom dropped out.

Rmtt · 06-10-2020, 08:04 AM

Quote:

Originally Posted by corn18

This isn’t their first split. They did 1:22 and 1:10 after the bottom dropped out.

It's the first split after the new CEO and new business model including xpresscheck. And it's only 1:3.....nothing like the others.

It gives them more revenue to do what they are trying and draws bigger investors.

But who knows.......maybe I eat my words. Like I said, it;s a LT investment for me and I got my initial buy in costs out long ago.

Rmtt · 06-10-2020, 08:05 AM

Quote:

Originally Posted by sxyblue

This was the dip I was hoping for to add some more. I’m gonna put in for some at 1.50 and more every .20 it goes down.

I'm actually buying dips as well. When RH opens up...they will panic and I will buying shares at a steal!

LOL...price is starting to creep back up now,

smyles · 06-10-2020, 08:12 AM

1:3? If the post-split price is still below $5, I doubt any institutional investors will buy in. So most likely it's to delay imminent de-listing.

Rmtt · 06-10-2020, 08:14 AM

Quote:

Originally Posted by smyles

3:1? If the post-split price is still below $5, I doubt any institutional investors will buy in. So most likely it's to delay imminent de-listing.

They would have reached compliance easily...they only had a few more days.

Stock is back up to 1.82 after dropping into the 1.40's.

Once the market opens...I expect to see it go down. That is when I will be looking for the biggest dips to buy.

E92inNC · 06-10-2020, 08:17 AM

Quote:

Originally Posted by Rmtt

They would have reached compliance easily...they only had a few more days.

Stock is back up to 1.82 after dropping into the 1.40's.

Once the market opens...I expect to see it go down. That is when I will be looking for the biggest dips to buy.

Luckily my order at 1.50 got filled

TwinTurboXI · 06-10-2020, 08:35 AM

Quote:

Originally Posted by sxyblue

Luckily my order at 1.50 got filled

I just picked up some more at $1.55

TheMidnightNarwhal · 06-10-2020, 08:36 AM

Quote:

Originally Posted by G35POPPEDMYCHERRY

dont just blindy hop on these funds if you don't know how they work. although most of the advice on this fourm is a good starting point; you better educate yourself before you move around money. u can't just start dumping money somewhere and close your eyes, or everyone would be getting rich.

This is what I am looking for. For example I'm 22 and know not to much about it. I know I bought a few stocks back in the day for fun/practise but like I don't know the terms and etc.

What would be best to learn all that.

Rmtt · 06-10-2020, 08:46 AM

Quote:

Originally Posted by TwinTurboXI

I just picked up some more at $1.55

Looks like it starting to even out around the 1.75 area. For it to only drop .30 on average with this type of announcement is a good sign for me.

EDIT- Xspa headed back towards 2.00 territory again. This after a RS. Like I said....it's a good sign.

M4_GTS · 06-10-2020, 09:02 AM

Quote:

Originally Posted by Rmtt

Looks like it starting to even out around the 1.75 area. For it to only drop .30 on average with this type of announcement is a good sign for me.

EDIT- Xspa headed back towards 2.00 territory again. This after a RS. Like I said....it's a good sign.

I have a feeling they are doing an offering after the reverse split.

Masterplan · 06-10-2020, 09:05 AM

Quote:

Originally Posted by Rmtt

Looks like it starting to even out around the 1.75 area. For it to only drop .30 on average with this type of announcement is a good sign for me.

EDIT- Xspa headed back towards 2.00 territory again. This after a RS. Like I said....it's a good sign.

I wonder if the price now is reflective of the expectation on further airports joining forces.

It was a good buy, but people are now taking their profits and exiting. I might eat my hat on this, but I can see this settling at 1.8-1.9 for the near future

Rmtt · 06-10-2020, 09:16 AM

With this split...Float goes from ~ 86.5 million shares down to ~ 29 million shares. Low float can create a huge demand when volume rises.

Rmtt · 06-10-2020, 09:17 AM

Quote:

Originally Posted by M4_GTS

I have a feeling they are doing an offering after the reverse split.

Very possible and I have thought of that.

Also very possible that there will be a huge PR coming soon concerning new contracts.

Masterplan · 06-10-2020, 09:22 AM

Quote:

Originally Posted by Rmtt

Very possible and I have thought of that.

Also very possible that there will be a huge PR coming soon concerning new contracts.

what would an offering mean?

dreamingat30fps · 06-10-2020, 09:24 AM

Quote:

Originally Posted by Masterplan

what would an offering mean?

A goat, maybe a virgin

Masterplan · 06-10-2020, 09:26 AM

Quote:

Originally Posted by dreamingat30fps

A goat, maybe a virgin

Tbh, I'd take either

06-10-2020, 04:39 AM	#1365
Rmtt Colonel 8211 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	QTT This is an intermediate/long term pick and should mirror what CIDM did to an extent. Also posted +4% earnings. It's at 2.76 right now and doesn't have much resistance until right near the $4 area if it gets enough volume. Cinedigm Announces the Launch of New Global Animation Network CONtv Anime™ Latest Growth Initiative for Cinedigm’s Flagship CONtv Brand Combines CONtv and Viewster Global Footprints to Reach 295M Devices Globally.CIDM Partnership with youku.alibaba/ is parent of Youku. __________________ Everybody has a gameplan....until they get punched in the mouth. Last edited by Rmtt; 06-10-2020 at 10:12 AM..
	Appreciate 1 Nuckle2218.00 Quote

06-10-2020, 07:33 AM	#1367
Rmtt Colonel 8211 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	XpresSpa Announces 1-for-3 Reverse Stock Split speculation...I need to confirm. Do what you want...but I am holding. This is to get more investors in, the bigger investors....and will get the Penny Flippers out. In terms of a R/S a ratio of 3/1 is nothing. So...you will have 1/3 of shares you currently own and price will be 3x more per share.You still own the same amount you have before. R/S will of course increase share price BUT will decrease shares outstanding by 30%! Lower float = bigger moves when PR hits __________________ Everybody has a gameplan....until they get punched in the mouth. Last edited by Rmtt; 06-10-2020 at 07:46 AM..
	Appreciate 3 E92inNC1709.50 Nuckle2218.00 IllSic_Design2124.00 Quote

06-10-2020, 08:00 AM	#1371
corn18 Captain 1712 Rep 618 Posts Drives: 2020 X3 M40i Join Date: Jul 2019 Location: SW OH iTrader: (0) Garage List 2014 Jeep Wrangler 2D [0.00] 2015 Chevy 2500HD [0.00] 2015 Z4 [0.00] 2020 X3 M40i [0.00]	This isn’t their first split. They did 1:22 and 1:10 after the bottom dropped out. __________________ stultorum criminis reus erit
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06-10-2020, 08:12 AM	#1374
smyles Major 1023 Rep 1,168 Posts Drives: '21 X5 Join Date: Jan 2012 Location: DC iTrader: (0)	1:3? If the post-split price is still below $5, I doubt any institutional investors will buy in. So most likely it's to delay imminent de-listing.
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06-10-2020, 09:16 AM	#1382
Rmtt Colonel 8211 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	With this split...Float goes from ~ 86.5 million shares down to ~ 29 million shares. Low float can create a huge demand when volume rises. __________________ Everybody has a gameplan....until they get punched in the mouth.
	Appreciate 0 Quote