Welp, I missed out on the big payout for MP, so why not dump everything into their neighbor? @auminer , you've got a couch I can crash on if it all goes wrong, right?
@Dave Wolfe does! Getting rid of broken sofa Nah, this is a homerun swing with some money I could set on fire. I would not go all in on something like this.
With this extra knowledge you have given me, almost seems worth throwing 1-10k at it and see if I could retire early? Let me think about it. It could be my Bitcoin moment. Lolol
Well, at least you have the weekend to come to your senses... Heads up, Schwab slapped a $50 foreign stock commission on the trade. Make sure you buy all you want to in one trade. I was going to buy some in two different accounts, but that bullshit commission made me rethink that. I'm in for 130k shares. We'll be in the same boat if you go in that big! They need to do a 100/1 reverse split and get a respectable share price. Even if that's entirely irrelevant to value, perception is reality.
You are about my age, are you really going to let a $50 fee keep you from buying more? I remember buying stock in the early 90’s and that would have been a reasonable commission. Heck this one small public company I worked for, I had to pay the market maker broker guy in the 100’s on most trades, as I recall.
It's kinda funny to watch in that thread how JMIA went from a laughingstock to now people are thinking about buying it for value
When it was down under $2, it actually *was* value. Their burn rate is approaching zero, and they have (last I looked) $1.77/share cash. I suspect that suitor who caused the recent pop will but them out for 5 or 6 and piss everyone off. I haven't been watching, but if JMIA hasn't instituted a poison pill, then they're open to acquisition. If they believe they are "The Amazon of Africa" why would they not protect the company?
Unlike a late 70s/ early 80s English sports car which only starts when it wants to. Maybe the BBS wiring harness is "damp?"
Hey DaveK if you need a recco on a new hosting company for xenforo forums, I have a good one. They'll even migrate from the current server for you. Not sure if the problem is the server or something else?
Dude, that's just above my paygrade, I'm just the janitor around here. and I think WERA is happy with 13x. It's the dude from Army of Darkness.
Visiting this site feels like stepping back in time. And not just because of you old farts either. Seriously though, If a Galapagos tortious and a forum had a slow love-child, it would run circles around this place.