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CHMP: effective July 27,2016 a one for 200 reverse split:
http://otce.finra.org/DLSymbolNameChanges
it looks to me like this could be setting up for a move to the upside based on the price to volume relationship I went ahead and picked up some shares
Again, looks like CHMP is a takeover candidate...
Hmmm... promising. Possible takeover candidate? RAS Management is a pretty top-notch company.
Item 1.01 Entry into a Material Definitive Agreement
On April 8, 2013, Champion Industries, Inc. (“Champion”) entered into an agreement with RAS Management Advisors, LLC (“RAS”) providing for the engagement of Timothy D. Boates of RAS as Chief Restructuring Officer to assist Champion in dealing with its restructuring process. Mr. Boates’s responsibilities include directing the management of Champion’s operations, evaluation of Champion’s cash and liquidity requirements, directing the efforts of Champion’s management and employees in connection with any sale or restructuring initiatives, directing negotiations with and reporting to the Company’s significant creditors, directing all cash management matters and assisting in the development and implementation of a plan of reorganization, if appropriate. Mr. Boates will have full responsibility for all of Champion’s operations, including but not limited to day to day management, and will report directly to Champion’s board of directors.
Section 5 - Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The description under “Item 1.01, Entry into a Material Definitive Agreement” of this Current Report on Form 8-K above is incorporated herein by reference.
On April 8, 2013, Champion engaged Timothy D. Boates as its Chief Restructuring Officer. Mr. Boates, age 52, is the President of RAS, a turnaround and management firm. He has been employed by RAS for the past 13 years and has been President of that organization for 5 years. RAS and Mr. Boates have served as chief restructuring advisor for Champion since December 28, 2011 pursuant to Agreement dated December 23, 2011. Champion has paid RAS a total of $973,784 through March 30, 2013 under the prior contract for service as chief restructuring advisor and the reimbursement of out-of-pocket expenses incurred by RAS.
Item 9.01 Financial Statements and Exhibits
(c) The exhibits listed on the Exhibit Index on page 3 of this Form 8-K are filed herewith.
VC
Was yesterday a large short cover?
VC
Added to watchlist. Looks like a legitimate 100K share bid and the potential for a complete reversal here.
VC
McBALL$ in Da House
CHMP Hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Champion Industries (CHMP) on watch for movement!!!
~ $CHMP ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $CHMP ~ Earnings expected on Monday *
This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you!
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=CHMP&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=CHMP&p=W&b=3&g=0&id=p54550695994
~ Barchart: http://barchart.com/quotes/stocks/CHMP?
~ OTC Markets: http://www.otcmarkets.com/stock/CHMP/company-info
~ Google Finance: http://www.google.com/finance?q=CHMP
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=CHMP#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=CHMP+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=CHMP
Finviz: http://finviz.com/quote.ashx?t=CHMP
~ BusyStock: http://busystock.com/i.php?s=CHMP&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=CHMP&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=CHMP
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=CHMP
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=CHMP
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18582&srchyr=2011&SearchStr=CHMP
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=CHMP
~ MarketWatch: http://www.marketwatch.com/investing/stock/CHMP/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=CHMP
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=CHMP
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=CHMP&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=CHMP&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=CHMP&size=l&frequency=60&color=g
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Thanks for adivice I was just watching this crap....
I m not in..
This pig was cooked a long time ago imo...they are in BIG trouble, so 1.12-1.20 could be twice what it should be....hearing from someone I know in that area that they are pretty much in their last days and hanging on by a thread...maybe a quick flipper IF, IF it can get some legs...not worth the risk imo...not enough volume to make it attractive...but good luck anyway to those still in.
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