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Nice buy STOCK! they must be short, looking at the spread.
Lots run for days with big gains. Viking and many others. By the way the mm's took out the .025"s at the end of the day we should have had a nice gapper. Guess they are shorter than we think. Glad I was able to get some more .015's. I'll take some .01's if they let me.
Can't remember the last time a 700% gainer went up the following
day? Very rare, but with the float so low who knows!!!
I loaded more there
huge support at .015
wow looks like they are loading cheapies and people are selling. crazy
Nite short big. He will move , just putting a scare like yesterday.
Yesterday before close after trying to take it down with small trades the mm's bought all the .025's up into close. They need the shares to cover. They shorted from 43 Dollars cheap BA%^&&** trying to cover for pennies before its finalized.
He wants in. The CH11 is being finalized and shorts are covering from 43 Dollars where they shorted.
So why do you care so much to save us from ourselves then?
Why would you give a crap about other people?
Now that everything is getting completed shorts are force to cover. Remember this was a 43 Dollar stock and was shorted. Cover mm's.
Gap and run. The float is bought up and mm's are on the run.
I talked to the company and they said they are at the tail end of wrapping everytime up to emerge from Chapter 11.
No but nice try come on there no way its going up today.
Trying to pick up some cheap shares Joel ... ?
IMO if you got a nice ride this week on this stock IT MIGHT BE A GOOD IDEA TO TAKE YOUR PROFITS AND RUN.
That's two things not going good for this stock and the fact if you dont get out now you might be a bag holder for a long time IMO.
Company Status: In CH11 Process.???
Come on after a 733% pop up you realy think this is going up or gap? No way man people are going to be taking that 733% off the table. Its only going down from here IMO. And its a friday too. GLTY.
Agree. Big Gapper and run FRIDAY
,,,,,,,Weeeeeeeee but I need a bluewater 60footer! EGLSQ would have gotten me half way there!
Cheers! Lookin good SMOMO!
--MONEYMADE
Lol, you have enough money to start your own bank.
,,,,,,,Make me a loan brother!!!
ONLY I KN0W THE STORY HERE hey guys most of you just jumped yesterday after this small run while i have been with this for long time almost 2 years even after the filing of BK there were too many here posting saying this is a finished stock.
Well legally offcourse yes as if in BK if teh company cancels the common stock this would be a big 0 but i was betting on the company and just watching closely for long time and the filings the recent 13C filings by many big pension funds gave me a hope that something big is grooming in.
Many here just feel that the sell of wafer business tyo EC sysytems is teh only deal ij here they are clearly long,thats just peanuts look this company has the biggest technology one of its kind .thats the cream many semiconductor units will envy to buy that out.
Well all depends on teh outcome of the BK process if teh commons are kep we are saved or else we are 0.
But looking at yesterday's move the MMs surely know that commons might continue and alost 50% of float was traded yesterday .Iff we get good news on the commons than sky is the limit.Dont forget this stock was traded at 42$ few years back and not just one trade regular trading for months.
Next few days would be interesting it looks people have shorted this like vermillion i see similar possibilities here,if teh commons are kept anything below .20 is cheap here.
For BK process you can watch the details on the following two links
http://omnimgt.com/SBLite/Templates/A/Default.aspx?clientId=CsgAAncz%2b6YjTTxZiUudjJ%2bhQGmgPCnLHF2K1SywUY2bKeEpm04b1uW8REMbrailMiBiCMoGJdw%3d
http://www.omnimgt.com/Public/files/home.aspx
all the best guys
Posted by: shakerzzz Date: Thursday, March 11, 2010 5:29:44 PM
In reply to: shakerzzz who wrote msg# 374513 Post # of 374535
ShakerzAndMoverz.com > End of Day Recap > Mar, 11, 2010
Profiled Companies:
CCTC > We continue to track this one as the chart is shaping up nicely for a possible strong breakout in our opinion.
Trade Alerts:
EGLSQ > From 008 alerts earlier today to a high of .04 on strong volume, EGLSQ clocked gains of 5x for our members. After coming back down to close at .025, we have this on watch for another move up tomorrow.
PFNO > After an early morning dip, we saw this run up again, reaching .032 for a gain of 100% for our members. Yesterday we saw nearly 200% gains intraday. We continue to watch it, but are concerned that it didn’t break yesterdays high.
IDCN > Very tight trading today has us looking for an imminent breakout.
NVLT > A new bottom play called in our forum. Trading at .25 now, it was over $1 2 weeks ago.
Random lesson: Do your own Due Diligence (DD).
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Agree since he was just saying the assets were worth 18 cents a share after the creditors are paid . Guess he couldn't buy back before close. Runs to quick when you hit the ask. Too bad he will now miss the huge gap and run in the morning. That will teach him to flip a thin stock.
Stock momo, always good to see the bashers show up....means we're ready to go
Posted by: Oxonius Date: Thursday, March 11, 2010 3:28:40 PM
In reply to: hot-penguin who wrote msg# 181 Post # of 201
Before "impaired" claims, the net $4,460,000 is equivalent to $0.17 per share, if we assume the outstanding shares to be 26.8 million (the Taiwan assets add another penny)
There are a heap of "impaired" claims and it looks like these creditors will get just a fraction of their claimed amounts. Based on the tables in the document, it looks like they will effectively be using all the net cash assets to pay the claimants so there will be nothing left to distribute to common shareholders.
.04 open easy imo
Agree ,I think 4 cents will be a reasonable start because I don't believe much was there in the 3's and add to that people moving there orders up. Should see 4 easy at the open. 5 would be nicer.
you know it will be on everyones radar tomorrow. huge gapper
Love that scamble the mm's did at the end of the day.
looks like .033s are up weeeeeeeeeeeeeee
Love to see 4 cents at open then run over 5 cents
The mm's just cleared the .025's and .03 already up. Huge gapper.
lets have some fun i say double from here .05 tomorrow!imo. thoughts?
mm's have no shares. The gapper and run will be a site to see.
I'm holding. I would have flipped it but mm's can kiss my #$%%. Not getting my shares without paying me some big jack$$
To those that held tomorrow we make bank!
AUTO's a joke. Always shorting then gets screwed. Tomorrow will be huge
Before "impaired" claims, the net $4,460,000 is equivalent to $0.17 per share, if we assume the outstanding shares to be 26.8 million (the Taiwan assets add another penny)
i expect a hod run by eod
Nothing there , mm's screwed up and need shares .lol
DOMS needs shares , trying to shake. Hold tight gapper will be sweet
someones bid whacking
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Outstanding Shares: 26,818,000 Shares.
Number Of Shareholders: 2,600.
Authorized Shares: 60,000,000 Shares.
Company Status: In CH11 Process.
http://www.electroglas.com/
http://finance.yahoo.com/q/ks?s=EGLS.OB
Electroglas, Inc. engages in the supply of semiconductor manufacturing equipment and software to the semiconductor industry. The company’s products primarily include automated wafer probing equipment and related network software to quality test semiconductor wafers. Its products also consist of other wafer probers comprising Horizon 4000 series for testing fine pitch devices, semiconductors with copper interconnects and ‘low k dielectric’ processes, and other advanced applications; and EG6000, which is designed for advanced applications, such as copper and low k dielectrics. The company’s wafer probers also include EG6000t, which combines improved probe card finding optics, increased wafer pre-align, cassette loading, and mapping speeds with increased loader pre-alignment accuracy to produce smooth, fast, and precise operation; and parametric probers, which are used for parametric test (e-test) segment of the wafer probe market. In addition, it offers test floor management software products, including SORTmanager for bridging the gap between raw data and Web-based environment for the analysis, reporting, and control of sort-floor processes; and collecting data about test results, binning, prober performance, and throughput from various SORTmanager-connected wafer probers, which allow users to view the underlying data or perform additional analysis. The company sells its products directly to semiconductor manufacturers and contract test companies through its direct sales force, as well as through distributors in the United States, Europe, Taiwan, North America, Singapore, and the People’s Republic of China. Electroglas, Inc. was founded in 1960 and is headquartered in San Jose, California.
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