Emerson Radio Corp (MSN)

$MSN: Had to buy a clock-radio......... now $0.35

So this is it ............... thanks to my purchase of one of their products, we should see a move to over $3


https://www.emersonradio.com/am/fm-dual-alarm-clock-radio-with-0-6-blue-led-display-4-level-dimmer-and-wake-to-radio/buzzer-alarm-black/?F_Sort=3




I'm in ...... with the clock radio and a nice tidy sum of shares.

LFG


GO $MSN

MSN $0.52

Been a great stock this week selling for 30% - 40% on the pops and accumulating the dips.

GLTA

Quiet here 0.48

Inverted hammer on the weekly, record volume in Sept.

MSN......................................................https://stockcharts.com/h-sc/ui?s=MSN&p=W&b=5&g=0&id=p86431144783

MSN 10Q expected July 3

I’m loading up some see were she goes

The management of "Emerson Radio Corp." should either liquidate their company or use it as a shell company to perform a Reverse Merger deal!
IMO

GM Gregg, Whats MSN going to do today.Are we adding ? crazy one (:

MSN $1.60 reached in AH trading.

Nothing

Whats going on here

MSN $1.27

Looks like the crazy share churning machine was turned on again.

Setting up now ...jmo



MSN

Good time to add or begin buying.

Way undervalued here JMO



MSN

Basket buying is on-going. Volume is still off-the-charts. Yet the price is now falling right back into the range it was before. No idea how anyone profits off this spin cycle of activity when there was basically no volume / traders prior.

Basket buying again! Getting in front of it now.

Edit: put in sell order at $1.25. Let's see if it breaks upward again.

Volume returning to normal.

Back to the slow fade to the high $0.60s / low $0.70s. Buy back and sell. Rinse and repeat.

1.00 for a strong buy to 5.00 for a strong sell

The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company

https://stocksregister.com/2020/10/19/are-investors-keen-on-selling-holdings-in-emerson-radio-corp-nysemsn/

Who is Nimble Holdings Company Limited?

Nimble Holdings Company Limited, based in Hong Kong, beneficially owns approximately 56.2% of Emerson's common shares outstanding. Grande is engaged in a number of businesses including the manufacture, sale and distribution of audio, video and other consumer electronics products. Grande's brand portfolio includes the Akai, Sansui and Nakamichi brand
https://www.emersonradio.com/service/faq/


Grande Holdings today
Following a series of losses, Grande had reached insolvency and appointed provisional liquidators on 1 June 2011. At the time of filing, the company controlled the Akai, Nakamichi and Sansui brands as well as its key assets, including a TV factory in Zhongshan, China. The company also owns Ross Group plc,[2] a transformer manufacturer in the United Kingdom, majority ownership of Emerson Radio, and Kawa a Chinese brand of electronics. The company is currently incorporated in Bermuda as an exempted company with limited liability.

https://en.wikipedia.org/wiki/Grande_Holdings

$1.25 will be tested again.

That didn't take long.

Whole gaggle of T Trades coming through for the trades after-hours last Friday.

Buying pressure continues. Expecting more "basket" buys today. $1.25 will be tested again.

Definition of T Trades: "This is a form (T) that's required by the NASD for reporting an equity trade that is executed during market after hours."

Burst Basket definition below per IHub.

Question becomes what sort of "equity specialist" is buying MSN as part of *any* basket of stocks? Next question, if they continue buying, does it mean they can be front-run because they certainly don't care about price?

http://learn.advfn.com/index.php?title=Trades

"Burst Basket (BA): A burst basket is a stock transaction that involves the sale/purchase of a basket of stocks. A basket is an entire portfolio of stocks ranging from 5 to 50 different stocks from different sectors, which are purchased together by an equity specialist."

This closed at $1.10 on about 4.5M volume.

After-hours it's down below $1 with an additional 100K+ in volume.

No idea what is going on here.

$1.25.

ARCX often drives the action around here.

that is especially true today. ARCX puts a BID at 0.95 and then someone will jump it at 0.951, and then ARCX moves accordingly.

$1.03 should be the next resistance point if this breaks to the upside again. $1.15 is in play for end of day.

No signs of letting up. $0.95.

Could've had your fill and then some at low $0.70s this morning.

Burst basket?

Looks like someone or some entity just put in a ~$1.5M market order and hit send. Trades are dozens and dozens of small "bursts" of 10 to 1,000 shares per trade. There are a few blocks of ~5,000 or so shares but not many. Average trade is ~665 shares.

What in the Wide World of Sports is going on here!?

Guess someone thinks they know something or just find all that cash on the books irresistible?

Nice volume today

"Penny Stocks To Buy [or sell]: Emerson Radio Corp.
Emerson Radio Corp. ( MSN Stock Report ) is one of the lower float names on this list. Something to keep in mind with low float penny stocks is that they tend to be very volatile especially in light of above-average trading volume. On Monday, MSN stock jumped over 25%, trading its highest, single-day share volume since June.

There weren’t any headlines nor filings to accompany the move. The company is one of the nation’s oldest consumer electronics distributors. You’ve likely seen the logo on plenty of electronics and appliances if you recall going to department stores, pre-COVID. One of the things to consider with companies like Emerson is what’s going on in the U.S. right now. A push for stimulus, on a basic level, means money in consumers’ pockets. The company’s customers include Kroger, Wal-Mart, Amazon.com, and Fred Meyer."


If no news accompanies this spike, should be a slow grind back to low 70's or high 60's.

NEWS: $MSN Does Your List Of Penny Stocks To Buy Have These 5 On It In October?

Are These Penny Stocks To Buy Or Sell This Month? Whether you’re looking to put together a list of penny stocks to buy now or just a simple watch list, you’ve got to keep a few things in mind. First, are there certain sectors gaining interest, overall? An example o...

In case you are interested MSN - Does Your List Of Penny Stocks To Buy Have These 5 On It In October?

Surprised by this volume.

Suspect one or both of the big shareholders are selling out.

Historically, this is long-term bottom in share price...

ARCX sitting there with a 98.2K share BID. That's unusually large. Maybe the bottom is in.

Share price drop to mid-sixties.

Usually ARCX is on the ASK daily, waiting to sell to whomever wants to buy.

Historically, this is long-term bottom in share price, where it will rally. But I doubt it happens this time. Company is slowly dying on the vine. Lots of cash on the books, high book value, but the company is seemingly on auto pilot, with CEO and CFO pulling down significant paychecks despite not returning value to shareholders.

There's a point where this becomes a buy but I think it's farther south from here.

What I'm seeing is someone selling.

Looks like 5K to 10K shares per day.

hearing strong rumor of major shareholder taking the company private at $2.00 plus so they can access cash

so just slowly building up position

Someone's selling. If you're starting a new position / looking to buy. Sit on your BID, the ASK will come to you.

For such an illiquid stock, there has been lots of shares flying around lately.

Despite effectively small float, share price doesn't move up as it should.

MSN being accumulated hearing takeover coming at $2.50 plus company has more than $1.40 cash per share in bank major shareholder wants to access cash cheaper to buy up float

$MSN .70

$MSN on watch here at .66

$MSN in at .63

This company offers excellent value in my opinion and its products are certainly out there selling in stores. Even my local Target has some of them in the store and I live in a smaller community.

Emerson Compact Refrigerator

I really like this one here.

Correction on my post 79. Since the payable shareholders of record was listed by the company as 12 Sept. the normal ex-dividend date would have been 9 Sept, not 15 Sept.

Premarket closing price is listed as $1.28. Bid/ask is $1.25/$1.37 if anyone wants to try to get some at these prices.

Do Not Reduce order: Interesting, the Ask for tomorrow is $2.05, but the bid is only $1.01. Previous days the pre-opening ask/bid has been around $2.05/$1.95. Since the bid is so much lower than the normal $1.95, it could be that people more familiar than me with special dividends, think that it is going to open lower Wednesday. The company stated that the payable shareholders of record will be Sept 12. The stock fell on what would be the normal ex-dividend date, Sept 15. I don't know the opening price that day, but it ended down only .25 which is a lot less than .70. But even though the company said that shareholders of record will be Sept 12, it is the stock exchange that officially determines the ex-dividend date, and for a 25% dividend, or higher, this is the day after the payable date, which was Tuesday, Sept 30. So the ex-dividend date would Wednesday, Oct 1st. MSN closed at $1.98, so that may mean that at the start of trading it will be listed as $1.28. But maybe not. I found one reference that said that a company can arrange for the stock price not to be lowered by the amount of the dividend, although it said that this was very rare. Since the stock closed at $1.98 and the Ask is $2.05, that means that people want a price at least 7 cents higher than the close. Since only a few hundred shares may be offered at this price, I added an additional 5 cents, which would normally be $2.10, but the exchange automatically drops the ask/bid by the price of the dividend: $0.70, so the Ask would be $1.40, not $2.10. I put in a bid of $1.40 BUT normally the exchange would also lower this by $0.70. To prevent that from happening, I added DNR to the order (Do Not Reduce). If the stock doesn't open lower, I will cancel my order. I'm happy with the $2.00 price I paid for my present shares. Just thought that I would try to get some for $1.40.

Doing more research, it looks like normally a stock would fall the amount of the dividend on the ex-dividend day, which would be before the payable day. However, for a 25% stock dividend, or higher, the ex-dividend day is the day following the payable date. The payable date for MSN is Tuesday 30 September, so Tuesday the stock should open 70 cents below Mondays closing price or $2.00. If you own shares and want to be paid the dividend, if I have this correct, you have to wait until Wednesday to sell your shares, but, whether you own shares or not, you can buy more starting Tuesday morning and share in the profit as the stock works its way higher again. (Possibly the stock won't open lower until Wednesday, the ex-dividend day. The articles weren't clear on that point.) As you may have noticed, the stock has been strong ever since the special dividend was announced. People realize that more will probably be declared in the future. The last few days the stock dropped, but then started climbing again and finished back at $2, its new trading range. So on the morning that the stock opens lower, this coming morning or Wednesday, I will buy more shares. That way I can participate as they go back up again, plus eventually receive another special dividend or have the stock bought out at a higher price.

Buying the stock ex-dividend may be a very profitable trade.

In respect to cash dividends of stocks which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date.
Emerson Radio Corporation declared an extraordinary cash dividend of $0.70 per common share payable on September 30, 2014 to shareholders of record. The first business day following that would be October 1. I think that would make the ex-dividend date September 29 (Monday). So the stock should open at a price $0.70 below the previous closing price (or it could be that the stock opens $0.70 lower on October 1, but I think it's Monday.) That means that it should open at a price of $1.22 ($1.92 closing price minus $0.70 dividend).

Since the company has cash equivalent of $47.9 million and 27.1 million shares, that means that it's intrinsic value is $1.76/share. When a stock opens after having it price lowered by the amount of its dividend, it usually quickly starts rising. It may not rise all the way to its intrinsic value, it may only go up to around $1.60 range, but after a while, it will probably rise toward the $1.76 level, and eventually reach the $2 level as people get comfortable with the stock, especially since it may have another special dividend next year, or sooner, and may also be put up for sale.

If it starts at $1.22 and reaches $1.60, this would be a +30% rise. $1.76 would be a 44% rise and $2 would be a 64% rise. People can't make money buying a $10 or higher priced stock ex-dividend, but they can make money on a low priced stock, such as a $2 stock. This might not work if the stock is weak and has problems. Our stock has problems, but I think that all things considered, it is a fairly good stock. If the stock opens low enough I will buy more shares, whether that is today or October 1.