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today could be the day...
level 2 looks promising... just need some volume and interest...
YEs, agreed. Its a matter for time (maybe today) that buyers shoot this straight through the roof. The numbers don't lie people....... .03 is right around the corner, according to float and other variables.
Agreed, the float is too low for these levels. GLTY
I really think we should be sitting at .02 to .05 even just as a shell....
60 million Outstanding shares isn't a whole lot...
seems to be held back for some reason...
Short Data
Date Symbol ShortVolume TotalVolume Ratio
20100929 DANKY 459035 1718807 27%
20100928 DANKY 563388 820392 69%
20100927 DANKY 4473000 5696839 79%
20100924 DANKY 237781 2198196 11%
20100923 DANKY 1661800 4983788 33%
20100922 DANKY 3031248 7213591 42%
20100921 DANKY 6644082 16925347 39%
20100920 DANKY 30247678 64473864 47%
Totals 47318012 104030824 45%
Buyers gone as well. This was a high volume potential bounce that didn't bounce. Now it's a wait and hope that someone buys the empty shell. I'll hold til tax time and then probably write this one off as a lost cause.
Hmmmm...nope. 0027x.003
and now 8888 shares at .004, DANKY up 17% today..go figure!
So true you need nerves of steel to make money with the likes of DANKY lol!
I still feel very optimistic!!
Nice 1.7mm share buy- over $5K!
I believe the bottom just may be in here...
You evidently aren't playing this right....this isn't for beginners.
Lower lows...lower highs. Not looking good here IMO.
Pinch Still playing out - Will update chart today.
Unfortunately today sucks...less than a million on 21 trades.
This will bounce and when it does, it'll be beautiful.
Easy penny here.
Keep pumping...doesn't seem to be working though.
Looking GOOD! mms want this to GO BIG!
MM's want this to go imo. I watched L2 and notices that several time they held the bid above the executed sell price. I think there is still cashing in of debentures going on. When that stops I believe a lot of traders will flock into this. The OS according to pinksheets is 64,787,190 which is super tight! Steady buying pressure could easily move it well into the pennies quickly. All off course jmho. GLTA!
Well, today is better than yesterday!!!
I'll stick by my statement this morning...volume and interest are fading. I'll keep an eye on this as I am too far down now to sell. Played this for a bounce and got burned.
WOW..great close! MMs may just let this go tomorrow morning for another spike up....but higher than it has been!!
Ibox has been updated folks, more coming
My pleasure, I love the pinch plays, there almost a guarantee! They're pretty much the only thing I play these days.
Thank you agentbearbull
Pinch update:
Not doing another chart yet, but pinch is coming along better, 13EMA is dropping 5 EMA coming up - The closer the 5ema is to the 13 the better, or above it is even better.
ADX and PPO breaking apart further
RSI heading up slightly more
CCI is looking very bullish, not too far from breaking 100.
Di- Dropping
Di+ increasing
This will likely attract pinch players tomorrow and should pick up quickly following that. If you plan to sell, hold at least until EOD tomorrow or Monday.
No sellers, MM moving the bid back up. Should start next leg up soon.
that would be nice looks like its ready
Lots of pinch players watching and starting to enter right now. SHould be a good afternoon.
very thin on the ask with some volume nice 600 k at .0053 just went thru
Lots of interest I think people are just sitting on the sidelines waiting for it to move a bit and jump in, maybe pinch players and such.
Still a lot of interest. There were too many trades yesterday to assume otherwise. Someone is holding a lot of stock just waiting for the bounce.
Bounce will come when you least expect it
Volume is way down so far...interest here seems to be fading.
I know it's still early but the ask keeps on moving up.
Hopefully it stays this way!
MMs has been keeping this low for to accumulate at 3-4 range, then ride it back up, i suspect there will be early bounce play tomorrow
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Ramsey, N.J. - June 27, 2008 - Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leading provider of advanced imaging and networking technologies for the desktop to the print shop, today announced it has completed its acquisition of Danka Office Imaging Company (Danka), one of the largest independent suppliers of office imaging equipment, software, support, and related services and supplies in the United States.
Under the terms of the $240 Million agreement, the former Danka group will be known officially as Konica Minolta Danka Imaging, and will begin immediately to market Konica Minolta's award-winning lines of office systems, production print systems, network printers, and application solutions.
As part of this strategic acquisition, Konica Minolta Danka Imaging will operate as a wholly owned subsidiary of Konica Minolta, and will maintain its current offices in St. Petersburg, Florida. Ikuo (Indiana) Nakagawa, the current Executive Vice President of Corporate Planning at Konica Minolta Business Solutions U.S.A., will lead the new operation as Chairman and CEO. The current president of Danka Office Imaging, Bill Troxil will remain with the organization as President and COO, and will report directly to Mr. Nakagawa.
"Konica Minolta's acquisition of Danka Office Imaging Company influences and alters the competitive landscape, putting us in a position of significant strength in the highly strategic color and production print markets," said Jun Haraguchi, President and CEO, Konica Minolta Business Solutions U.S.A., Inc. "Konica Minolta Danka Imaging allows us to fulfill a key piece of our overarching growth strategy with our independent dealers and branch network, and we believe the combined strength of the new organization will be beneficial to all of our customers."
"While Konica Minolta benefits from Danka's strength in technical service and its customer base, Danka benefits from Konica Minolta's experience integrating companies and access to strong product technology. This deal is also very timely for Konica Minolta given the industry's direction to build or acquire direct customer channels", said Angèle Boyd, GVP/GM, Imaging/Output Solutions & SMB Markets.
On April 8, 2008, Konica Minolta announced a definitive agreement to acquire Danka Office Imaging with a goal of accelerating the growth of its enterprise customer base and the increase of distribution market share in the United States.
About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc. is a leader in advanced imaging and networking technologies for the desktop to the print shop. In 2008, Konica Minolta was recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys. For more information, please visit www.kmbs.konicaminolta.us.
Konica Minolta Corporate Contact
James Norberto
Konica Minolta Business Solutions U.S.A., Inc.
+1 201.825.4000
JNorberto@kmbs.konicaminolta.us
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