Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This looks very interesting :)
Hey Guys been here for a while got in at .0038 and averaged down to .003...How much do you think this thing can get up to especially after being at 12 cents a couple months ago?
somebody liked the entry point, 621K shares bought at .0024
Looks like SANTA is going to come early this year with DANKY closing the spread! Looking very good here! Great entry point....
Who is the guy with NITE kidding? Hit his own bid to bring down price to try to get someone to hit the ask to bring it back up. LOL! He must be desparate and wound up killing his own stock. Maybe he'll hit the ask to bring it back up.
Games, games, games...
LMAO!!! NOW he hits the bid for 100 and no one has even hit the ask!! This guy must be a real looser! Paid trading fees for .15 worth of stock and didn't even get in a sell first.
Company liquidated and convertibles were sold. Value resides in OTC BB shell.
This is purely a bounce play based on oversold technicals. 41.8 million shares were sold short that week. Obviously, not all have been covered...
what happen to this stock ??.10 3 months ago ??, am thinking of buying in monday....
A 40% spread is stupid here.
I thought MMs are supposed to be "supplying liguidity".
just got myself another 20k @ ask :)
Yeah, these 100 share trades are ridiculous.
The trade at .0025 this morning at 9:38 isn't showing up on Stockcharts.com. Hmm...
Anyway, I'll give it a slap here.
Expensive games going on. Someone keeps hitting the bid to knock down pps to try to get someone else to hit their ask to bring it back up. It's gonna be a long day at DANKY.
Don't hate the players! Hate the game!....or sit back and laugh!
TREND Reversing!!: This is the FIRST TIME (past few days) that DANKY has acted BULLISH since the big drop several weeks ago. I'm thinking this is a trend reversal!
Agreed, this looks long overdue for a bounce.
this is very thin......
Up 80% on $250 ...this is sooo thin...
yes we have bid support ..not much shares out there...litte bit buyinf pressure it will go imo
yeah i put in order for 100k at 0.002 ..they filled 34k and moved it up to 0.0023..
$5k here would likely take this to 0.01 seeing how thin it is...
Don't you just hate when that happens? Games, games, games!!
another 150 shares go through, and nothing for me :(
The ask moved from 19 to 18! YAY!!!
It's weird. The volume was averaging like 1 mil a day up until yesterday when it was only 10,000.
Agree, and we need some volume too!
With a bid and ask like this nothings gonna get traded. Someone buys at 19 and it gets whacked right back to 14 10 minutes later? Terrible. Tighten it up.
They are keeping this down for a reason...
That trade to 14 was worth 2 dollars!! what a joke!!
SOME MORE VOLUME AND THIS ONE ROCKS!
Again, no shares sold short today.
http://regsho.finra.org/FORFshvol20101013.txt
Not one trade all day! Seems dead which is a shame. A few people willing to buy could make a quick buck!
Gotta move that ask down to like .0015 to get a few hits.
No shares shorted yesterday.
Monday, only 5,000 shorted.
http://regsho.finra.org/FORFshvol20101011.txt
Rainer_80
Sorry, mate, free account here, so I can't reply privately.
Let's be honest, no one playing Pinks or OTCBBs are investinging in "companies" and their "causes". It's a matter of commoditiy trading and setting the value day by day. If a share of Company A was valued at $10 one day, then who's to say it's worth $1 the next. Was ARNA really worth $6 one day and then worth $1.50 a few days later?
No.
It's perceived value on future speculation. That's why people buy the rumor and sell the news. People gobbled up BP at $27 a few months back not because it had a book value of $27, but because it "was" a $60 stock a few weeks prior. Again, it's perceived value of future speculation. Everyone knew clean-up costs would be over $12B, that's why they sold it off. People buying at $27, knew it was $27 for that very same reason. Same case for DANKY and most Pinks.
Problem in Pinkyland is that the Bears have two extra players on their team: MMs with their naked shorts and CEOs diluting to pay for their salaries, etc. 95% of the time, it's murder for longs here, but the one day that does pay off makes up all the difference.
What's killing DANKY at the moment are retailers buying after 12 down days expecting a pop, not seeing one and, while watching other pinks like ICOA, PYBX, etc., take off, they bid-whack the hell out of DANKY, take their 30% loss, and hope to make it up elsewhere.
Regardless if DANKY is in business or liquidated, it still has speculated value as a shell. Otherwise, MMs wouldn't have shorted if they didn't have the opportunity to cover. Same goes for all the Qs that were running in late September. Everyone else were also asking "why?" I don't trade on value, etc. I trade on technicals only. Simple economics of suppy, demand, etc., at work here just as they are in all commodity markets.
Good luck to all.
Not a bad day at all.
Not a bad day. With a few more 100,000 buys it could see .0024+
Nice ask , let's keep it that way!
No one would sell 2600 shares... They are trying to bring the PPS down before they start covering...
I've seen several rallies stopped dead with a bid whack of 500 shares. It's just games. Fact of the matter is the low O/S, oversold situation, and shell value of someone wanting to buy for public listing.
All it will take is just a few people buying at the ask and 4mm shares will send this 500% and up.
I've had three times to sell for a profit, but I'm waiting for the big time here. GLTA.
Who would sell 2600 at .0013? If they're just trying to bring up the pps, it would have been better to buy the same at .0016. Not much difference in price. Anyone have any idea what the thinking is on that one?
When this REVERSE MERGES, we see instant .03. 3 CENT$ people!
Bounce will come, question is: when!
DANKY liquidated its assets and is no longer a company... However the real value you DANKY is the shell... Shell being something of value for another company to reverse merge into so they can be publically traded.... 64 million outstanding shares is a low number....
Might be able to get an old contact number from DANKY and research and see if they are going to sell the shell... That would require some D D....
Anyhow 64 million shares out at this price is crazy.... Should be over a penny at least and possibly .02 to .03
Market makers moving off the ask.... Looks like run is setting up... bout time
$coot
I wonder if the company could post some news or updates as to explain the recent PPS drop (down over 95% I believe). DANKY looks primed for a reversal because it's been so oversold, just could use some publicity or awareness straight from the company, IMO.
This is a multi-bagger. Bid whacking doesn't help, though. I've noticed small orders go through from people who bought above .003.
Good close, though. .002s are gone, IMO.
Patience, people. Patience.
Followers
|
8
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
558
|
Created
|
10/19/08
|
Type
|
Free
|
Moderators |
| | ||||||
|
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
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |