Member Info for Echo1

Loot,

I’m hoping the importance of being an SAS administrator for CBRS is demonstrated by the below

Google, CommScope and Sony are SAS certified for CBRS as is Federated.

CommScope revenues 2019 - $8 billion
Google revenues 2019 - $162 billion
Sony revenues 2019 - $20 billion

My sincere hope is a buyout. But i think an IPO might be explosive

Interims are due towards the end of September
Usually the company use this to update the market on their endeavours.
Of course they cant update about anything else as they're not actually producing oil atm??
God only knows how the SP hads held at 4-5p
This is a boom or bust IMO

https://www.fiercewireless.com/regulatory/secondary-market-for-spectrum-primed-for-big-change-thanks-to-cbrs

This is a good article about how federated will fit in and it also gives an idea of time lines over the coming months. If you do give it a read I hope you find it useful
cheers, echo

morning expru,

'bumbling around in the dark'

I think that pretty much sums up my investment strategy.
Sometimes I'm lucky enough to find the torch.
GLA

Omir, Boracic,

Sorry to butt in. I was invested here for the long term but sold a few months back once I'd broken even.
I'd certainly agree that things aren't adding up, but the main reasons for the decline in SP (I think) are the accounting error which led to the FCO leading with immediate effect and the hold with Harwood now has over the company.
Harwood have a very strong reputation for the taking companies private once they have there foot in the door. I was very worried that I'd incur a substantial loss. But I was very lucky that the SP crept to 32/33p which was my b/e. I'd had to average down quiet a few times before this is I originally invested at 50-60 I think.
This is a good company in a solid sector. But if it makes '50p by Xmas' I'll be very very surprised.

Good luck to you all

Yes I agree with Sinbad

I see this as a boom or bust play, we either make a lot or we lose a lot
With the board holding a very large portion of the company I was very much hoping for some action this side of Christmas
I think the 6 month deadline is February?
GL to us all . . .

Good to see JB keeping his bargain

But what happens if the SP creeps over the 20p barrier?
Does JB then stop buying? And if he does stop buying that would prevent him from accruing the 29% he's looking to get?
Or is it a bit more complicated than that??

lgetsit

If we knew that we'd all be much richer

Good posting loot
I wasn’t planning on holding very long term with ALM but I think I’ll need to see this one through to at least January 21.
I was hoping for a bag tbh. I’ve never entertained this going big guns . .
But maybe I’m wrong!!

Mark and ****123 lol

Mark, ****,

Good hearing the thoughts :-) cheers!

Chaynutta

I’d agree. It depends on the speed of any upward movement but we’ll see loads selling at 20-25 (big range I know)
Personally it all depends on how brave I’m feeling
Could sell at 21/22 then buy back on a dip. Or could sit tight and hope to bag
What are people’s thoughts?

A good post Cando
I do think this has got legs but I don’t think I’ll be a LTH
Bought in at 16, if we nudge 30/35 I’ll be selling
Good luck to everyone invested here, I’m sure a lot will make a packet :-)

Fingers crossed for you and all of us Dorset :-)

Yep I'd agree with that assessment Sampson!
I'm hoping our day will come eventually
But forget about Pet keeping us all in the loop
Any hint of an Iraq licence and this will go ballistic IMO

That's the only news I'm interested in and the gamble I've taken

Very big sell ( I assume) right at the end of the day for 50 million shares
Ouch . . . .

I'm with you loot
If this slide continues I'll probably average down too
And I feel reassured that its simply the market force and not ALM that's on a downward trend
Surely in the long term CBRS will be a winner. I'm holding

No I agree Dorset.
I was thinking there might be some price action in the near to medium term, but if we have to wait 6-12 months so be it
Though I’m hoping federated will give us some good news before the c band auction though. From a personal view point it’s be nice to move into profit :-)
My b/e is 43p

It’s nice to see the board less active I agree
Loads of posts usually means insults, ramping, deramping and loads of inane rubbish.
At least can now write sensible posts and get themselves heard
GLA :-)

I’m not ramping . . .
Does it seem too convenient that we’ve seen a price drop 2 days running on low volume and it’s coincided with the CBRS auction results?
Verizon spent big - net payment almost $2 billion
2nd place miles behind on $912 million.
Anyone else think something’s coming?