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Looks like you can trade it. TD Ameritrade has a bid and an ask.
What I don't understand is why the SEC would waste their time around here. There are other companies that never file any paperwork...go out of business and the stock keeps trading. Why jump in here and act like they are doing their job? This company is operating from coast to coast? It supplies medical help to numerous hospitals and the Government. Geez!!! SEC go after the crooks why don't you?
When will this trade again? settlement says what?
SEC Administrative Proceeding :
http://www.sec.gov/litigation/admin/2011/34-63871.pdf
Wow,I got post #50. Tough to get such a primo post with everyone trying to get it.
BTW, Anyone notice the bid is inching up more today?
Cheap shares starting to get more expensive. Wooo Wooo!!!
Those getting on the bus are starting to out number those getting off. Now is when we need some news from New York to move the PPS up.
What a great stock! One buyer wants in and we go up 52% . I can't wait till 20 buyers start fighting for the available shares.
Starting to get more upticks . Good sign a reversal may be near.
We failed to remain listed when no financials were provided. I would hope someone is working on them. New financials would go a long way in getting the SP up where it should be.
Jonesieatl, Are you in AHNA at this time? I have slowly picked up more shares. Maybe this is going to make another leg up with what could be the beginning of another year end run.
Now another uptick and no sales. What the hay??
Any ideas what is going on??
Durn, Someone upticked my .0151 uptick Bid. Could we see a reversal here?
I can't pump oil so this seems to be something of value.
With the "New BO Health Plan" everyone is going to be running for free medical services. The nursing industry will be hugely involved in taking care of all these new patients. Should be a boom for staffing companies like ATC.
Whadda you over here pumping this all by yourself??
fAt
Burp! Just choked down another 100000 shares. Either a hero or a zero on this one. Time will tell.
Another company can't stand the heat in the Kitchen and is being bought out by AMN. ATC Healthcare still standing strong !!!
7/29/2010
Dear Jessica,
As a valued AMN Healthcare subcontractor, I want to let you know about some important company news. Yesterday, AMN Healthcare entered into a definitive agreement to acquire Medfinders, a leading national provider of clinical workforce managed services programs, locum tenens staffing, as well as home health services, nurse per diem and travel & allied staffing services.
Leaders at both companies view this as a very exciting and positive step toward providing enhanced, innovative workforce solutions to our clients.
Until the acquisition is complete, we will remain two separate entities and will conduct business as usual. All of our agreements with your company remain intact and valid. We appreciate our partnership and working relationship with you and do not expect this agreement to interrupt our service delivery to our clients or our current working arrangement with your company.
The transaction is expected to close in the third quarter of 2010, and will be subject to the customary closing conditions and regulatory approvals. At that time we will communicate more information to you about the acquisition and next steps.
To read the news release, please visit the AMN Healthcare Media Room.
Please reach out to me directly or to your business partner at AMN Healthcare if you have any questions.
Sincerely,
Ralph Henderson
President, Nurse & Allied Divisions
AMN Healthcare
www.amnhealthcare.com
Office: (866) 871-8519
Email: ralph.henderson@amnhealthcare.com
The ATC system seems to be working better than the MSN one. They operated with only Corporate offices. ATC operates with a combination of Corporate offices and Franchise offices. Here is an article explaining why MSN's stock is heading to zero.
Medical Staffing Network Holdings is preparing for a Chapter 11 filing that would turn over the company to creditors and wipe out its shareholders.
The Boca Raton-based nurse staffing company (Pink Sheets: MSNW) has been battered by declining revenue as hospitals cut back on temporary staffing in favor of less expensive labor.
Its revenue fell to $340.9 million in 2009 from $537.8 million the year before, and its constant losses have ground away at its cash reserves.
Its Boca Raton-based rival, Cross Country Healthcare (NASDAQ: CCRN), also had a decline in revenue, but turned a profit in 2009 after cutting expenses and it recently worked out a deal to reduce its line of credit.
While Medical Staffing would continue under the restructuring agreement the company reached with its creditors, its Securities and Exchange Commission filing on Tuesday did not say what types of changes would take place.
Medical Staffing President Kevin Little did not immediately return a call seeking comment.
The restructuring agreement says Medical Staffing would file Chapter 11 in U.S. Bankruptcy Court by June 28. It would then enter into an asset purchase agreement with its first lien credit holders, led by General Electric Capital Corp. (GECC), to buy Medical Staffing’s assets in a stalking-horse bid.
Unless an outsider bidder submits a better offer, GECC’s lending group would trade its $95.1 million credit to the company for its assets. It also would provide Medical Staffing with $15 million as debtor-in-possession financing to cover its cash needs as it attempts to stem the red ink.
The second lien holders, who are owed $25.2 million, agreed not to object to the sale.
It could take about 55 days during the bankruptcy process for the judge to approve the sale, the SEC filing stated. Medical Staffing said it plans to have its stock deregistered within 90 days.
“Following the sale of the company’s assets to the first lien lenders pursuant to the asset purchase agreement and the completion of the company’s Chapter 11 proceeding, it is not anticipated that any value will be available for distribution to the holders of the company’s common stock,” Medical Staffing stated in its SEC filing.
Medical Staffing shares trading at under a penny on Tuesday afternoon, after reaching a 52-week low of 3 cents earlier on Monday. The 52-week high was 72 cents on Nov. 16. Its market capitalization was only $1.12 million.
Medical Staffing officers and directors, including Little and Chairman and CEO Robert J. Adamson, own 74 percent of its stock.
In addition to GECC, the first lien holders set to acquire Medical Staffing include SunTrust Bank, Bank of America, Hewlett-Packard Financial Services Co. and a host of investment funds organized by Dallas-based Highland Capital Management.
Miami-based law firm Berger Singerman is representing Medical Staffing in bankruptcy court.
Great news. These days we are trading above MSNW. Who would have thought this could happen?
And yes it moves up little by little. Good news would go a long way on helping this thinly traded stock POP!!
A little paint here at the end of the day. Someone wants this to move upppp!!!!
Moving on up once again.
Selling dried up and a little buying has run this up 25% today.
I can't wait till the big buyers come in.
Merry Christmas, Happy Hanukkah, and a happy/ merry season to those I have left out!!!!!!
Money, Money, Moooney!!!!!The bid is now moving up . Won't be long until it pushes the Ask up too.
Really Undervalued in my opinion.
One of the competitors is MSNW. Their market cap is about 5 times what AHNAs computes to be. They do exactly the same business ATC does. Except, ATC has franchises and MSN doesn't. Franchise offices would tend to work harder than Corporate offices since the people running those offices would have a vested interest. I really believe a person with an ownership stake in something would work harder than a manager having nothing to loose.
It looks like the I-BOX has not been updated for two years.
I believe the share count looks accurate. That explains the huge movements the share price has seen over the last few months.
My opinion is this is undervalued and Along with the low O/S count; When positive news does come out I really believe this will move up nicely.
For some reason there has been no news. As you can see in the past they were not scared to release PRs. Let's hope they gather some great news and release it to the public. I would love to see this go up to a dollar again.
Hey Rox..when is the last time the I-box was updated?
What's your opinion of AHNA?
Not a lot of news in the year.
good luck!
Finally, a stock to make us all rich!
Settled in for the next leg up.
50 cents here we come!!!!
Now a couple of bid wackers showed up. we retrace some, consolidate, then get another leg up. LOL It's fun to dream.
A flat day. no problem. At least we have not had any bid wackers show up.
A little line is showing in the sand. Once we push through the 9 cent mark there will be little holding this back.
Best Bid Best Ask Time of Last Inside Change
0.085 (5000 shares) 0.0889 (5000 shares) 1:54 PM
Trade Data / Last Trade 1:40 PM Last Sale 0.089 Change +0.019
% Change +27.1429 Tick Down
Daily High 0.09 Daily Low 0.08
Opening Price 0.08 Volume 107,495
52 wk. High 0.07 52 wk. Low 0.0065
Prev Close 0.07 Dividend 0.00
Yield 0.00 Beta Coefficient 0.67
.085X.09 WEEEEEEEEE!!!!!!
Bid 7 Ask 8
Another huge day
Ask now 8 cents TO DA MOON!!!!!!!
Hellooooo Everyone!!! You are missing out on this move. Up another 55.56% . Crazy isn't it!!!!!
Up another 11.11% here at the open.
bid 5 cents ask 6 cents
It looks like everyone should have bought more at a cent.
Nothing has changed. WEEE Keep moving up!!!!!
Up Up And Away!!!!!!!
$0.04 0.005 (14.29%) Bid
0.035Ask
0.04B/A Size
50x50High
0.04Low
0.037Volume
21,500 (Light)
We keep inching up!!! Bag after bag. This is easing the pain of some other investments I have made. We are in breakout mode.
52wk Range0.0065 - 0.04
Beta0.0
469.23% above its low05/05/09 - 10/30/09
This can easily be another 10 bagger . The chart you provided shows huge resistance at 40 cents. 4cents to 40 cents is a pretty good ride in my opinion.
If you could put the 30 day chart up it will show the upward trend.
The bid has now been pushed up to .038. We are in breakout mode.
Okay. The IHUB link you provided ...
... did not show a chart.
Here's your typical Yorkville client's stock chart , looks like a couple hundred I've seen. They all have blips along the bottom for various reasons. Very trade-able blips , good luck with it.
Does Yorkville still have its claws in ATC?
jonesie
p.s. My preferred healthcare stock was AMED. When AMED was $5 a trusted friend of mine told me it would be a $50 stock. Well, when a company has solid fundamentals, a solid growth by acquisition plan and a hot industry segment and you have reason to believe it's going to be a 10-bagger , what do you do? Put my entire 401-K in it and when it hit $50 I sold. Could have ridden it to $60, but that's not what my friend told me. Plus it was nice not to have to deal with late '08 and '09 in it lol, got lucky.
I wouldn't say flat lined. It has gone from .0076 to three and a half cents in 6 weeks. Almost 400% increase. Still a huge upside. Why wouldn't this be worth 25 cents?
Do a little DD and you may get interested in the stock. Once you call a few of the offices and see they are for real this is a no brainer.
I don't see anything at that link other than a flat line on a chart. Maybe it's my browser, don't know.
I had, and have, -0- interest in this stock. The only reason I posted way back was because ATC Healthcare was (is? I have no idea) a client of Yorkville and up-down mentioned it to me as such. YAGI is a penny stock 'financier' whose clients' and their clients' shareholders' fortunes I researched, tabulated and updated for a while. I happened to notice when ATC was delisted from AMEX and put on the pink sheets.
Good luck.
jonesie
Below is a link. You can see there are very few shares outstanding and this means this is very undervalued at this price.
http://ih.advfn.com/p.php?pid=squote&symbol=AHN
AHNA
I'm planning on sitting here and letting this continue to run. The outstanding should be less than 50 million. As you saw yesterday it doesn't take much pressure to get this moving.
http://atchealthcare.com/
What's the symbol now?
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Branch Locator
Transfer Agent American Stock Transfer
40 Wall Street
New York, NY 10005
(212) 936-5100
Independent Accountants
Weiser, LLP
Symbol
AHNA
Listed Security
AHNA Class A Common Stock
Corporate Counsel
Keevican Weiss Bauerle & Hirsch LLC
Pittsburgh, PA
Class A Common Stock - $.01 par value;
AS: 75M
OS: 46,480,744 05/31/07
OS: 41,476,582 02/28/07
Class B Common Stock - $.01 par value;
AS: 1,554,936
OS: 182,394 05/31/07
OS: 186,558 02/28/07
$1,766,268 as of Jul 19, 2010
At .013 around $600k 4/11
Sweet ride from .15 to $2.75 back in the day!
Stephen Savitsky, Chairman, President
David Savitsky, CEO
David Kimbell, CFO, Treasurer 516 750 1733
About ATC Healthcare, Inc.
ATC is a national leader in medical staffing personnel to hospitals, nursing homes,
clinics and other healthcare facilities with 47 locations in 25 states. ATC provides
supplemental staffing, outsourcing and human resource solutions to hospitals, nursing
homes, medical and research facilities and industry. Drawing from a pool of over
15,000 healthcare professionals spanning more than 50 specialties, the company
supplies both clinical and non-clinical personnel for short-term, long-term, and
"traveling" contract assignments. To learn more about the company's services.
LIQUIDITY AND CAPITAL RESOURCES: To date, the Company has funded its cash needs
through various equity and debt issuances and through cash flow from operations.
The Company generally pays its billable employees weekly for their services, and
remits statutory payroll and related taxes as well as other fringe benefits.
Invoices are generated to reflect these costs plus the Company's markup.
Press:
http://www.atchealthcare.com/press.html
ATC HEALTHCARE INC /DE/ Files SEC form 8-K, Changes in Registrant's Certifying Accountant
Licensing Program
For Nursing and Allied
http://www.atchealthcare.com/franchising.html
Franchises for Non medical home care
http://www.startinghomehealthcarebusiness.com/steps-to-owning-an-atc-business
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