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Off-Topic Stock Market & Crypto Discussion

Mullen is getting added to the R3000 this month for the year. I know that the R3000 covers about 97% of equities in the US, so is that actually a big deal or not?

I see it as a message that the company is not a scam like many (eh hem Hindenburg) have said in order to manipulate and short it into oblivion.

@Cryptical Envelopment What say you sir?
 
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Mikeiavelli said:
Mullen is getting added to the R3000 this month for the year. I know that the R3000 covers about 97% of equities in the US, so is that actually a big deal or not?

I see it as a message that the company is not a scam like many (eh hem Hindenburg) have said in order to manipulate and short it into oblivion.

@Cryptical Envelopment What say you sir?
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Can’t hurt.
 
Ok should we finally talk about the speculative, wild, pre-revenue, potential multi-billion dollar, 11-figure company (or Ponzi!) that is MSPR here, finally?

Shorts have beaten it into oblivion. I started a small, Cane-related, "casino" position for fun at $1.04 Friday.
 
Cryptical Envelopment said:
Ok should we finally talk about the speculative, wild, pre-revenue, potential multi-billion dollar, 11-figure company (or Ponzi!) that is MSPR here, finally?

Shorts have beaten it into oblivion. I started a small, Cane-related, "casino" position for fun at $1.04 Friday.
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I've been playing with the thought of it in my mind as well, I just worry about it going down to the .70s first. I think I have battered wife syndrome from Mullen lol
 
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Cryptical Envelopment said:
Took down another chunk of ADRLF today at $0.0214 a share. You have to get your broker to get their overseas desk to buy it for you so you get the liquid version, but that's their problem. Potential 3x-25x return. 🤷‍♂️

showtime im sure GIF by Billions


www.adavaleresources.com

Adavale Resources

... Read more
www.adavaleresources.com www.adavaleresources.com
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Bought more via overseas desk @ $0.0224
 
Cryptical Envelopment said:
Bought more $.094
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Good play for today. I have to see what it does tomorrow. I might be a buyer if there seems to be upward pressure. These manipulated stocks scare the crap out of me sometimes cause you never know when they are gonna let it go and then get right back to strong arming it.

I am so strong in Mullen cause I made a informed gamble through my DD and have a "I am gonna hold this **** til it's worth a fortune or worth nothing" mentality.
 
Mikeiavelli said:
Good play for today. I have to see what it does tomorrow. I might be a buyer if there seems to be upward pressure. These manipulated stocks scare the crap out of me sometimes cause you never know when they are gonna let it go and then get right back to strong arming it.

I am so strong in Mullen cause I made a informed gamble through my DD and have a "I am gonna hold this **** til it's worth a fortune or worth nothing" mentality.
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I hope it craters and I can buy more much lower. I don’t care about being down on paper. I’m playing the chance they post a real rev # in 12-24 months. I’m early, but I don’t mind. It’s a fun one.
 
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Cryptical Envelopment said:
I hope it craters and I can buy more much lower. I don’t care about being down on paper. I’m playing the chance they post a real rev # in 12-24 months. I’m early, but I don’t mind. It’s a fun one.
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Yeah when you play these ones that is exactly how you have to approach it. Down on paper is nothing, literally. You only lose money when you sell for a loss or the thing gets delisted.

I don't like having a lot of money tied up for too long, but it is what it is sometimes.

BTW, if you really bought it at 9.4 cents, I need the name of your broker......
 
Cryptical Envelopment said:
Ok should we finally talk about the speculative, wild, pre-revenue, potential multi-billion dollar, 11-figure company (or Ponzi!) that is MSPR here, finally?

Shorts have beaten it into oblivion. I started a small, Cane-related, "casino" position for fun at $1.04 Friday.
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I hope MSRP ends up a viable business. But I have doubts about its business model. Ruiz came up with a really smart idea as a lawyer to go after PIP companies that should be primarily responsible under the secondary payer act. Vert smart cases, he made a lot of law, and I think his law firm has done very well on some of those cases.

But MSRP as a company, separate from the law firm I don't know. There is no reason that MSRP will have a stranglehold on that business. It is essentially a collection firm for Medicare plans. Those plans could move some or all of their business or figure out how to do it in house. Lawyers are copy cats and others will be going after these claims. I don't buy the proprietary software to identify claims.
 
Mikeiavelli said:
Yeah when you play these ones that is exactly how you have to approach it. Down on paper is nothing, literally. You only lose money when you sell for a loss or the thing gets delisted.

I don't like having a lot of money tied up for too long, but it is what it is sometimes.

BTW, if you really bought it at 9.4 cents, I need the name of your broker......
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Ha. Typo, sorry! .96 cents. Also bought at $1.04 on Friday.

As I wrote in another thread, this is a Cane Casino play. Sure I hope it goes ballistic one day, but I am playing it for a fun ride. Not a super serious investment. Longer joy return than a night of craps.

redcane said:
I hope MSRP ends up a viable business. But I have doubts about its business model. Ruiz came up with a really smart idea as a lawyer to go after PIP companies that should be primarily responsible under the secondary payer act. Vert smart cases, he made a lot of law, and I think his law firm has done very well on some of those cases.

But MSRP as a company, separate from the law firm I don't know. There is no reason that MSRP will have a stranglehold on that business. It is essentially a collection firm for Medicare plans. Those plans could move some or all of their business or figure out how to do it in house. Lawyers are copy cats and others will be going after these claims. I don't buy the proprietary software to identify claims.
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Oh, I completely agree with your skepticism. And I won't bother to give an upside thesis, as its all speculative. As I mentioned... craps. And that its Cane related, LFG. But I love that MGMT owns almost all the stock. Interests are aligned. If it were down 50% in a normal environment I wouldn't have bothered. But down 90% in a short attack while the markets are melting a bit... the potential ROI/RR got interesting. Let's have some fun.
 
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SEC might start changing the rules for MM and zero fee trading tomorrow. Interesting. I wouldn't mind them taking power away from the Market Makers. If it costs me 5 bucks a trade like the good ol days, so be it.
 
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CFLCane said:
Forgive me for my excitement.


*First full offtake after optimization period is expected to $2500 per MCF (above all my prior estimates)
*Processing & handling cost is 18-20 MCF , royalties and taxes approximately 60 MCF. (yes you read that right 90+% margins)
*Eyeing additional properties in Kansas and Colorado

Napkin math update in the chart below, yellow flow rates are assumed not confirmed. That's 1 plant running @ 76% capacity producing 200m+ revenue with an operating and royalty/taxes cost of roughly 6.7m. Roughly 2.90 Earnings Per Share at our current share count


View attachment 188179
For fun if we extrapolated 5 wells/1 plant to their ultimate target of 65 wells in arizona we're looking at 2.75B in annual revenue, or 34$ earnings per share fully diluted.

This doesn't account for the hydrogen finds, argon, neon, or other rare earth gasses (HE3 would literally send us to the moon and back)

This also doesn't fully account for well 1 i've mentioned in the past but it's absolute behemoth. If it were even possible to extract it at full pressure it'd be worth 1.5b alone in annual revenue

View attachment 188180

For the negatives

* Assume we'll be 2-4 weeks late on processing plant completion (end of july)
* I'm assuming optimization will take longer than the 90 days they expect just because.
* An accelerated timeline for procuring additional processing capacity has not been formally announced.
* Nasdaq listing timeline isn't clear. Personally i'm assuming q4 2023 or later.
* The market hasn't recognized helium yet, and they likely won't till it's on the balance sheet and their jaws are on the floor.

Ask me anything, Do your DD, please poke any holes in my DD you see.



economictimes.indiatimes.com

Russia restricts exports of Helium & Neon sourced by Western & E Asian microchip firms

The deliveries will now be carried out only by the decision of the Government of the Russian Federation, according to a resolution of the Cabinet of Ministers.
economictimes.indiatimes.com economictimes.indiatimes.com

www.gasworld.com

Helium and rare gas concerns are real: 2022 CMC Conference recap

On April 28-29, TECHCET, the electronic materials advisory firm providing business and technology information, held its highly successful and well-attended 2022 7th Annual Critical Materials Council (CMC) Conference in Chandler, AZ.
www.gasworld.com www.gasworld.com
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Was really hoping the raise DME announced this am would crater it short term so I could add under $2. Market shrugged it off.

Would you say this is indicative or their multi-state expansion or a sign that production might be delayed?
 
Cryptical Envelopment said:
Was really hoping the raise DME announced this am would crater it short term so I could add under $2. Market shrugged it off.

Would you say this is indicative or their multi-state expansion or a sign that production might be delayed?
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What i do know
*They've been preordering and stocking concrete and steel to lock in price and avoid delivery delay.
*They've had to truck in diesel from out of state. Obviously a significant cost increase from early year projections
*The plant cost overrun was 3.5 million as of the other day.
*They'll initially be running it off solar in the day and CNG at night, they're still having delays on the energy storage end for full solar. They also had an issue sourcing electrical panels.

What I'm speculating
*Competition is likely taking notice, i saw 3 well permits issued in the holbrook basin for a small exploration company. Mineral rights in the basin likely aren't going to get cheaper.
*As far as out of state mineral rights i personally doubt they would reach to spend on those pre revenue but i could certainly be wrong. Pure speculation on my part
*The treasury cushion i'm assuming was going to be cutting it too close with the cost overruns and delays. I guess it's better to shore up now than risk a more dire situation a few months down the road and be forced in to more less than desirable decisions.
*As far as production delays no new announcements we're still operating under the assumption end of june - first half july. (again though this just gets us to optimization phase) full production has been q4.


Pretty disappointing since they've been touting avoiding dilution for so long, even as recently as April. Stumbling this close to the finish line sucks however relative to junior explorer peers they're still leading the pack, and this dilution was small and had some favorable terms all things considered.

Side note, they got 2 new well permits and intend on adding 1 of those wells to facility #1 which will increase early revenues. The other well is a wildcat.

They also mentioned a small explorer in north arizona wants to sell their crude to them, so as a processor they'd be making the upgrade from crude cost to 99.9999+ (assume around 1500 per MCF gross in current market)
 
I am looking for good high market cap stocks, preferably dividend paying. I am always long. I don’t frequently trade.

So far, I like the levels of cell providers (T,VZ) cable (CMCST) chemical manufacturing (MMM, DOW) energy (XOM, DUK) pharmaceuticals (BMY, MRK)
 
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TheEye said:
I am looking for good high market cap stocks, preferably dividend paying. I am always long. I don’t frequently trade.

So far, I like the levels of cell providers (T,VZ) cable (CMCST) chemical manufacturing (MMM, DOW) energy (XOM, DUK) pharmaceuticals (BMY, MRK)
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Look at ETF's for diversification, like SCHD and SPYD.
 
GladeCane said:
Love to hear divergent opinions.

Where is the market over the next 3 to 6 months and why do you think that way?
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Permabear still here, my views havent changed, still going lower for the summer, we are headed for a recession, maybe stagflation.

As I wrote a few pages ago, we have lots and lots of negatives, literally zero positives, and an economically incompetent administration that is clueless on how to handle inflation. When some of the negatives go away, or some positives emerge (lower valuations, China fully opens up, the war on fossil fuels curbs, etc. etc.) I would change my mind.
 
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