Cartesian Inc. (fka CRTN)

[Renee]

CRTN: Cash merger; CRTN acquired by Cartesian Holdings, LLC; for every 1 share of CRTN shareholders have the right to receive $0.40 in cash.

FINRA deleted symbol:

http://otce.finra.org/DLDeletions

[shanak10]

A filing and a PR today.

[Louman]

https://www.otcmarkets.com/stock/CRTN/news/Cartesian-to-be-Acquired-by-Blackstreet-Capital-Holdings?id=186876

[Phil2016]

That's all fine but I'm saying this is old news and nobody should be surprised. Not one effort was made to make us think twice. I highly feel this has been thought out and I'm holding because the forced buys are gonna come in soon.

[sidedraft]

What they said or what they PR'd doesn't mean that an action will actually happen, it's what FINRA says that matters.

So when Renee post a link to the Daily List page, that shows that the change will occur, that's important stuff.

[Phil2016]

You do realize it was announced month's ago publicly right? They voluntarily chose to and announced it MONTHS ago. This shouldn't be a surprise at all unless people didn't read up. Officially announced sure, but public statement by their PR was long ago. Holding regardless cause it's all planned out.

[sidedraft]

Old news, not hardly. It was officially announced here:


http://otce.finra.org/DLAdditions for 11/13/2017

[Phil2016]

Delisting is OLD news. Everyone whose followed are aware of this month's ago.

[Renee]

CRTN delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions

[TheKobra]

Today is the last business day in nasdaq. I suggest to get out asap

[RCL Cruiser]

Big time profit taking at the end of the day which was a Friday, no less. However there was serious buying in the aftermarket and it closed at .59. Could see a rebound from the closing price on Monday based on that action.

[RCL Cruiser]

The delisting is in the 8K posted above the message board on IHUB. It is voluntary by the company and I think it happens next Wednesday.

[hwllo]

Crazy swings

[Roadtojourney]

Do you have a link?

[TheKobra]

Pay attention delist soon Monday

[Stacking goods]

Took a starter here

[crudeoil24]

She is the best hottie on dance floor!

[Tdash]

Yea lol im not crazy.. only reason didnt get any is because they are goin to OTC next week..

[ponchorich]

what going on here

[Awl416]

Then you must be shaking in your boots to tough this I. The 90s

[Tdash]

smh and I was scared to get in in the .40's :(

[TheKobra]

Yes ahah

[TheKobra]

Any change to dead cat bounce?

[willlbone]

Delisting news

[Awl416]

What was that morning pop all about. Heavy volume too

[Tcom]

What's up Looks to be headed back to a dollar

[jockinmikeg]

Chart looks like it wants to fill that gap above .90 - break .76 and it goes

[jockinmikeg]

Great move today on heavy volume for this low floater. Anyone on this? This is going back above $1 imo

[jockinmikeg]

CRTN: This Company Trades at Liquidation Value but don't Count Out Substantial Upside

http://mportal.geoinvesting.com/geoarticles/1276/this_company_trades_at_liquidation_value_but_don_t_count_out_substantial_upside

Suggests anything under $.61 is cheap

[jockinmikeg]

Trading under liquidation value and near cash. Any downside is limited here, and they have an easy comp Q2. Also the company is a cheap buyout target at just over $4M and a good balance sheet with no poison pill. Insiders have bought and may continue.

[Enigmattic]

I agree. I think the news about this 1st quarter will prove to be more beneficial in the long run. Was hoping for big numbers but I'm long for now

[hugh_jackoman]

Just a big overreaction. Q4 was the largest quarter of TMT M&A on record. The company made significant progress in 2016 reorganizing the business and eventually it will bear fruit when all the companies start consolidating operations....There is nothing CRTN did wrong.

https://seekingalpha.com/article/4058969-cartesians-crtn-ceo-peter-woodward-q4-2016-results-earnings-call-transcript?part=single

[makingbiigdough]

TERRIBLE PRESENTATION OF A CC IMO!!! I DIDN'T KNOW MY 12YR OLD GRANDSON WAS GIVEN A PRESENTATION!! MBD

[seanelliott]

guess not.

[remind2]

CRTN: After today, $4.00 by Q1, 2017 news on 4/17

Positive 10-K due in 30 minutes.

Killer Q1, 2017 in 6 weeks.

Load up.

[Enigmattic]

lol I need an update sooner rather than later

[Tcom]

The natives are getting restless..lol

[longhorn4lif]

Great close

[Enigmattic]

Here we go baby. Buyers jumping in late, show me big numbers tomorrow!

[Enigmattic]

The float is incredibly small and it's heavily owned by insiders/institutions. Considering there hasn't been a precipitous drop in either of those numbers, I'm expecting good things this coming week. JMHO

[Tcom]

Good points. Any stock in this crazy market is a gamble. The algo.s rule

[tjguy]

Price here is appealing although it is still a gamble on good results. Might pick up a few more shares to add to my current small holdings.

I kind of thought there would have been a bit of a price increase in anticipation of good results. So far, that is not materializing.

[Tcom]

Looks like that's the plan. Hope the CEO isn't jerking our chains. Their new hire search looks promising along with some new additions to their client list. That's the best we got to decide to play or pass.
http://finance.yahoo.com/news/cartesian-sets-fourth-quarter-full-120000895.html

[tjguy]

Results on the 29th?

[Tcom]

Earning beat will set the Algo's off..Getting closer..Shitty market needs a earnings beat to play

[Enigmattic]

We're primed for movement

[Tcom]

TOPS has 7.35m shares outstanding CRTN has 8.50m shares outstanding. Cartesian is a pure turnaround play and expecting the share price to react the same if positive as TOPS.

[Tcom]

Anyone notice TOPS today up a 150% at one point. They had positive earning after losing money for years
Expecting the same results also when this rolls into postive EPS at the end of this month

[Enigmattic]

Eh looks like a small market-order mistake for now

[Enigmattic]

+ .10 (8.8%) after hours. I'll have to watch volume to see if it's a signal of sorts