@SelmaBouvier according to our friend Assad when a stock churns...

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HSydney

5,732 Posts.

20/04/16

21:22

Post #: 17560392
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Originally posted by SelmaBouvier ↑

I'm struggling to understand the dollar value here. I'm not reading that AT & T will pay XTV $100 mill for orders rather my interpretation is that AT& T have orders themselves for that amount and so a percentage of that would be paid to XTV for license to use the technology or however they structure the deal. A bit like AJX saying that one of its customers, say Sealy, have an order for $100m of beds with Alexium's fire retardant in them. I may be wrong. I've read it a few times and the ann from the 19th but I still am unclear. And the poorly worded title suggests that AT&T want to buy the new company off them. One thing I do know is they have a letter of intent for technology that they have the option to buy so that's two, not one, maybes.

I am taking profits tomorrow and if it keeps going higher without a retrace, I couldn't care less. I'm super satisfied with my trade - woohoo - and may get back in and out a few times -

- and I remember what was happening this time exactly 12 months ago. A certain trading platform crashed at the same time AZK was dumpety dumpety dumped and many holders, myself included, couldn't get through on the phone for forty freaking minutes. There is more to the market than the value of an ann and amazing profits can disappear in the blink of an "answer your freaking phone goddam you nabtrade."

A wise man once said, "There is no teacher in the markets like experience" and I have found that to be very true.

Well done profit makers and good luck everyone - I would love to hear your interpretation of the ann.

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@SelmaBouvier according to our friend Assad when a stock churns half Itz issue in one day, it creates a new share holder base.. and more often moves higher.. And we all know he really knows his stuff..

XTV

Last edited by HSydney: 20/04/16
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