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#4,927
#4,927
loosedog said:
What’s the feels about EHTH? Down big at close yesterday after earnings for no reason. So, I bought premarket this morning expecting a big rebound then boom down another 10%. Analysts all over still holding PT at 120 to 150. Thinking of buying more to avg down but seems there has to be private info out somewhere? Opinions?
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My opinion is, I hope it continues to sink and then I'll jump in :cool:
 
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#4,930
#4,930
Picked up 2,000 CCL. Runs with the market much like Spirit. I can’t imagine their cash burn is that of Spirits. I believe they’ll have a process to go cruising again by the end of the year.
 
#4,931
#4,931
BigOrangeMojo said:
Fun fact:

20 years ago today, Intel closed at a split adjusted price of $69/share. It will close around $50 today. This is a company that earns over 20 billion a year and it's down almost 30% from this day 20 years ago.
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That is a long time to be holding dead money. CSCO is in the same boat. It is a very successful company, but it was just extremely overvalued when it peaked in 2000. I wonder if some of the major high flyers in today's market will end up in the same boat. People run the price up on hope, and years worth of earnings get pulled forward to inflate current valuations.
 
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#4,932
#4,932
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#4,933
#4,933
Orange_Vol1321 said:
I really don't think you have anything to worry about with IDEX. Their earnings will be extremely good August 11.
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I think they will have a good earnings call and I expect the stock will do well around the call. They are good at PR and will say what people want to hear.

All that being said, a good earnings call doesnt mean extremely good earnings. I expect them to announce a loss and a nominal amount of revenue (nominal considering the amount of PR and that this company had $600M market cap a month ago).
 
#4,934
#4,934
BigOrangeMojo said:
I think they will have a good earnings call and I expect the stock will do well around the call. They are good at PR and will say what people want to hear.

All that being said, a good earnings call doesnt mean extremely good earnings. I expect them to announce a loss and a nominal amount of revenue (nominal considering the amount of PR and that this company had $600M market cap a month ago).
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Good at PR or misleading?
Their reputation is already ruined in many people's eyes.
If they have to restate financial statements that might be the nail in the coffin.
 
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#4,935
#4,935
Go aeiou said:
Good at PR or misleading?
Their reputation is already ruined in many people's eyes.
If they have to restate financial statements that might be the nail in the coffin.
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Well, their auditors already have a going concern issue so I don't think a restatement is going to hurt them. This company switched independent auditors 3x in 3 years. A NY HQ'ed company with Asian operations went from two national firms to a small firm located in CO (seriously). I mean everything may be on the up and up but there are warning lights all over the place. (I did take a look back through 10Ks so auditor switch may have been to reduce fees. They've had GC issue for more than a year so they weren't opinion shopping.)

Note 3. Going Concern and Management’s Plans As of December 31, 2019, the Company had cash and cash equivalents of approximately $2.6 million and an accumulated deficit of approximately $248.5 million. Additionally, the Company has incurred losses since its inception and must continue to rely on proceeds from debt and equity issuances to pay for ongoing operating expenses in order to execute its business plan. The Company expects to continue to raise both equity and debt finance to support the Company’s investment plans and operations. Although the Company may attempt to raise funds by issuing debt or equity instruments, in the future additional financing may not be available to the Company on terms acceptable to the Company or at all or such resources may not be received in a timely manner. If the Company is unable to raise additional capital when required or on acceptable terms, the Company may be required to scale back or to discontinue certain operations, scale back or discontinue the development of new business lines, reduce headcount, sell assets, file for bankruptcy, reorganize, merge with another entity, or cease operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements have been prepared assuming that the Company will continue as a going concern and, accordingly, do not include any adjustments that might result from the outcome of this uncertainty. If the Company is in fact unable to continue as a going concern, the shareholders may lose their entire investment in the Company.
 
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#4,936
#4,936
Go aeiou said:
Good at PR or misleading?
Their reputation is already ruined in many people's eyes.
If they have to restate financial statements that might be the nail in the coffin.
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What exactly does Ideanomics do? I went on their webpage to try and figure out what the company is about and it looked to be all over the place. Energy mobility and reshaping the "green" workplace…
 
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#4,937
#4,937
BigOrangeMojo said:
Well, their auditors already have a going concern issue so I don't think a restatement is going to hurt them. This company switched independent auditors 3x in 3 years. A NY HQ'ed company with Asian operations went from two national firms to a small firm located in CO (seriously). I mean everything may be on the up and up but there are warning lights all over the place. (I did take a look back through 10K so auditor switch may have been to reduce fees. They've had GC issue for more than a year so they weren't opinion shopping.

Note 3. Going Concern and Management’s Plans As of December 31, 2019, the Company had cash and cash equivalents of approximately $2.6 million and an accumulated deficit of approximately $248.5 million. Additionally, the Company has incurred losses since its inception and must continue to rely on proceeds from debt and equity issuances to pay for ongoing operating expenses in order to execute its business plan. The Company expects to continue to raise both equity and debt finance to support the Company’s investment plans and operations. Although the Company may attempt to raise funds by issuing debt or equity instruments, in the future additional financing may not be available to the Company on terms acceptable to the Company or at all or such resources may not be received in a timely manner. If the Company is unable to raise additional capital when required or on acceptable terms, the Company may be required to scale back or to discontinue certain operations, scale back or discontinue the development of new business lines, reduce headcount, sell assets, file for bankruptcy, reorganize, merge with another entity, or cease operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements have been prepared assuming that the Company will continue as a going concern and, accordingly, do not include any adjustments that might result from the outcome of this uncertainty. If the Company is in fact unable to continue as a going concern, the shareholders may lose their entire investment in the Company.
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Thanks for the research. Not pretty.
 
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#4,938
#4,938
Rasputin_Vol said:
What exactly does Ideanomics do? I went on their webpage to try and figure out what the company is about and it looked to be all over the place. Energy mobility and reshaping the "green" workplace…
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Switch from latest fad to latest fad. Issue PR, pump up stock price, dilute stock, lose money. Latest fad doesn't work. Switch CEO. Change name. Go to next fad. Issue PR, pump price, dilute stock, lose money, switch to next fad. Issue PR, pump stock price, dilute stock, lose money, switch name, switch CEO, change to next fad...
 
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#4,939
#4,939
BigOrangeMojo said:
Switch from latest fad to latest fad. Issue PR, pump up stock price, dilute stock, lose money. Latest fad doesn't work. Switch CEO. Change name. Go to next fad. Issue PR, pump price, dilute stock, lose money, switch to next fad. Issue PR, pump stock price, dilute stock, lose money, switch name, switch CEO, change to next fad...
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I was asking an honest question... LOL. I went on their website and I was trying to sift through all the mumbo-jumbo to figure out exactly what kind of service or product they offer. Were they named something else before IDEX/Ideanomics?
 
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#4,940
#4,940
Rasputin_Vol said:
I was asking an honest question... LOL. I went on their website and I was trying to sift through all the mumbo-jumbo to figure out exactly what kind of service or product they offer. Were they named something else before IDEX/Ideanomics?
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And I gave you a honest answer.

The current flavor of the month is something to do with EV in China.
 
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#4,942
#4,942
#4,943
#4,943
VolAllen said:
Yoooo so are dividends paid yearly or quarterly? I know they’re not doing them right now, but .50 is pretty good. I’ve got 2,000 shares, so that’s not bad if it’s quarterly..
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Depends on the Company but CCL used to be .50 quarterly. I doubt they will be paying them anytime soon.

You can always sign up for Dividend Reinvestment (DRIP) where instead of receiving the cash, you can reinvest in the stock to get more shares. I know ETRADE has DRIP option and I'm sure RH does as well.
 
#4,944
#4,944
BigOrangeMojo said:
Switch from latest fad to latest fad. Issue PR, pump up stock price, dilute stock, lose money. Latest fad doesn't work. Switch CEO. Change name. Go to next fad. Issue PR, pump price, dilute stock, lose money, switch to next fad. Issue PR, pump stock price, dilute stock, lose money, switch name, switch CEO, change to next fad...
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Change name to include dot com.
Buy 30 second spots during the SuperBowl featuring your sock puppet spokesperson. Wait... wrong decade.
 
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#4,945
#4,945
BigOrangeMojo said:
I think they will have a good earnings call and I expect the stock will do well around the call. They are good at PR and will say what people want to hear.

All that being said, a good earnings call doesnt mean extremely good earnings. I expect them to announce a loss and a nominal amount of revenue (nominal considering the amount of PR and that this company had $600M market cap a month ago).
Click to expand...
20200724_123551.jpg
 
#4,947
#4,947
BigOrangeMojo said:
If this ends up coming to fruition, IDEX shareholders will make a lot of $$$$. I do have trouble grasping going from $378K in revenue to $11BB the next quarter.
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This makes 0 sense. The most LOL deal is the Beijing Xinneng Green advertised at $10BB. You can read more about it here: Ideanomics' MEG Signs Agreement with Beijing Xenning Green for EV Procurement and Financing . "This agreement involves various divisions within MEG's comprehensive EV solutions and leverages all of its S2F2C model – vehicle procurement, financial services, and energy sales. MEG will receive group buying fees on vehicle procurement and origination fees related to the placement of lease financing, in addition to a portion of energy sales from BXGI's electric fleet." So IDEX isn't actually making the vehicle, yet their "balance sheet" seems to be inferring they are by the 100k/ppu for each bus. In reality they'll be making about 1% of that for back end support.
 
#4,948
#4,948
JFreak said:
This makes 0 sense. The most LOL deal is the Beijing Xinneng Green advertised at $10BB. You can read more about it here: Ideanomics' MEG Signs Agreement with Beijing Xenning Green for EV Procurement and Financing . "This agreement involves various divisions within MEG's comprehensive EV solutions and leverages all of its S2F2C model – vehicle procurement, financial services, and energy sales. MEG will receive group buying fees on vehicle procurement and origination fees related to the placement of lease financing, in addition to a portion of energy sales from BXGI's electric fleet." So IDEX isn't actually making the vehicle, yet their "balance sheet" seems to be inferring they are by the 100k/ppu for each bus. In reality they'll be making about 1% of that for back end support.
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The last balance sheet I see is 3-31. I don't see numbers like that. Can you point me in the right direction? Is 6-30 available?
 
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