Horsehead Holding Corp fka ZINCQ

[bump513]

EC was approved months ago.

hearing 9/2 was whether or not to approve the bankruptcy plan that wipes out equity.

Plan approved equity lost.

[bump513]

9/2 decision was approval of the plan - on the Effective Date existing shares are cancelled.


"C. Restructuring Transactions
On the Effective Date or as soon as reasonably practicable thereafter, the Debtors, with the consent of the
Requisite Plan Sponsors, may take all actions as may be necessary or appropriate to effectuate any transaction described in, approved by, contemplated by, or necessary to effectuate the Restructuring Transactions under and in
connection with the Plan. Such actions shall include:
***All Existing Interests in Horsehead Holding shall be cancelled as of the Effective Date. "

[trustme]

if this stock has cancelled. like the bank close out? no more trading? how about our money.. this is ridiculous

[Jolivier9712]

I understand your way of thinking. I work on Horsehead holdings legal team paid to go to these sites to give legit info. They are coming out of bankruptcy. The shareholders will get .10 per share. This isn't the normal case. Why do u think 20 million shares traded after the drop. Cuz ppl are jockeying for position. And odviously there's a 30 day appeal. Then there will be a set cancellation date.

[macdwatcher1]

hello jolivier9712...i dont think you fully understand...i am going to short approx 50 million shares of zincq this coming week....and in about two weeks, zincq stock will be cancelled and i dont ever have to worry about covering...do you understand what it means when a stock is cancelled? and i am not trying to scare any longs at all...not my peroragative by any means...i just wanna short and short and short zincq over and over again ....with zero risk and 100% profit.

[Jolivier9712]

I'm a short seller too but it's soooo dumb trying to scare longs out of a 4 cent stock. Your basically talking to yourself on ihub. 20 million shares traded after the death drop. Btw I already have a BMW. It's just a car

[macdwatcher1]

i will short zincq this coming week....to the tune of approx 50 million shares...and when zincq shares are cancelled , i will never ever have to cover my short position.....i'll make about 85,000 bucks doing it.....its so easy....you short selll zincq, then zincq shares are cancelled, and you cant and never ever have to cover....its easier than taking candy from a baby.....i'll beep to you when i drive by you in my 2017 fully loaded BMW car....haha....its nice to be on my side where the rules are tilted in my favor and there is no level playing field. the rules are rigged for the short sellers to win....and win with 100% profit with no ZERO!!!!! risk...us shorts can not loose in this situation.......haha to you

[Jolivier9712]

I actually work here. Go ahead and short it. Hahaha

[macdwatcher1]

hello lonewolf...you and i have been on many battlefields fuighting side by side ...we are both compardres....as i cited in earlier posts, fridays court decision lacked information....didnt really go into detail about time frame of CANCELLATION of ZINCQ stock....i think it opens lower on tuesday, if zincq is allowed to buy and sell on tuesday......about two hours into trading on tuesday you will see a bootom...rock bottom...then i think you see a dead cat counce...it zincq goes to 3 cents a share buy a bunch....then if zincq goes to two cents a share double down......28 million shares traded out of the 56 million shares traded...at some point on tuesday, zincq will be extremely over sold...so buy at 3 cents a share and sell at 6 cents a share? i cant advise any stratergy for you nor me...i still dont know if zincq will even trade on tuesday....lack of info from fridays decision....but i'm in and guns loaded come tuesday if zincq is trading....i have plenty of ammo.....and so doesnt the people who were buying zincq at 50 cents a share last week....make their loss your gain.....gl....may you prosper....i am going to short sell 50 mllion shares this week....its free money. i dont have to cover when zincq shares are cancelled...i love playing on an uneven playing field...its so easy to short sell stocks with zero risk and 100% profit.

[Lone Wolf]

Don't have the shares here yet that I want...personally I think it goes down a tad bit more then a pop.

That said, riddle me this Batman...can you point out in any current pacer documents where the judge approved the company's BK plans inclusive of the cancelation of the commons? Seems like lots of folks out here postulating that's already done and the shares are worthless.

Either way...like Lowman...I'll be done by week's end.

GLTA...real tragedy here. A 90% haircut is painful whichever way you chose to look at it.

[macdwatcher1]

yes shares will be worth ZERO when the nasdaq or OTBCC regulators cancell the shares of ZINCQ...you wont be able to buy nor sell when the shares of ZINCQ are "CANCELLED!!" lack of info never gave the date when the shares of ZINCQ will be CANCELLED.....when cancelled the shares are destroyed. no one will be allowed to buy or sell zincq current shares....the friday news lacked info....it never mentioned when the shares of ZINCQ will be CANCELLED!!!!. there could be a 10 day appeal process...who knows....you will be lucky if ZINCQ shares trade on Tuesday. current share holders of ZINCQ lot millions and millions of dollars with the judge decision on Friday....someone who lost a boat load of money this past friday better learn how to appeal a court judge decision. just short sell ZINCQ all next week....its all free money...just short sell, and wait for ZINCQ to be cancelled...you never have to buy your shorts shares back...because ZINCQ was cancelled...if your broker doesnt let you short sell ZINCQ, contact me by personal Private messaage and I will refer you to a brokerage that will allow you to short sell ZINCQ next week...its easy money...easier than taking candy from a baby

[Runners123]

So these shares are worth zero?????

[macdwatcher1]

dont buy in...short sell ZINCQ. if you want me to refer you to a online trading company that will allow you to short sell zincq, send me a private message. you need to open an account with at 25,000 dollars. think of all the money you will make by shorting zincq....you short millions of shares of zincq, and then zincq shares are cancelled and you will never ever have to cover your short position...its like taking candy from a baby.

[trustme]

so danger here. why i still buy in?

[lowman]

Obviously, these BKs can take a long time. 9 months just to determine no EC. I'm guessing there's at least a 30 day grace period for that decision to be appealed.

Doesn't much matter though, since most of us wolves, vultures, and bottom feeders will be long gone before that.

[Lone Wolf]

I'm confused....so the tankage is due to the EC being denied and not an approval of bk where the commons are declared wiped? Wow? Really people? 4-cents and no one yet knows what asset sales will result in? Hmmmm.....

[lowman]

zincq s/h musta been pretty confident the EC would be approved, in order to run it up as high as .65.

anyone know if BK is filed in a Chicago district? (home of the 'bought and paid for' judges)

Been in and outta bbepq and s/h waiting on EC approval there too, but nobody's running the pps up in anticipation.

[lowman]

Yeah, that bindq is/was somethin' else.

Technically, they did bounce it for a double here, but hardly one that anyone could easily bank much on.

Gap down or just more downward selling on Tue but a solid bounce will happen. .08-.12 sounds reasonable.

[514]

Stunned they didn't bounced it Friday.. Managed to get out with the tiny loss on a very heavy position (-150) outta 220 total shares avgd around 05.man bindq had 4 doubles..

Tuesday gap down would help n a capitulation way but this is going back to 08/12 at one point on a dead cat. Maybe a three day rule.. Even ESI had its bounce yesterday

[macdwatcher1]

if ZINCQ trades on Tuesday, and zincq see more selling driveing the share price of ZINCQ into the two to three cent a share range, you will see your vulture investors and bottom feeders come in and buy up the cheepies and probably see a dead cat bouce to six or seven cents a share on tuesday...its my opinion...i think tuesday early morning you see more selling pressure at the opening bell, and then sfter an hour the sellers will be done and then the bottom fishers will enter and buy up the cheapies....buy an opener position about 10.00am- 10-30 am EST....if it dips more during the day, average cost down...keep your gun powder dry if zincq really dips on tuesday...i think you can make money on this play.someones loss on friday could be your gain on tuesday...stock market is like a gambling casinio...GLT buy not good look to short sellers...short sellers are evil doers..short selling this stock on tuesday has no risk and 100% profit when ZINCQ shares are cancelled.

[UP Trend]

Meant on OTC

[UP Trend]

They are most likely T trades, no AH on after hours.

[macdwatcher1]

people that bought shares of zincq these past couple of months must be livid with this court ruling today. if i was a warren buffet kind of guy, i'd buy all the outstanding shares of zincq next week, then use a tradeing arm tool to make a buyout offer for the whole kit and kibboddle of horsehead taking care and paying off all of the lenders and noteholders, then emerge from chapter 11 and fry the shorts...the shorts covering would probably exceed one billion bucks...you need money to make money

[macdwatcher1]

with the price of zinc up nowadays, the company horsehead should of liquidated everything and paid off all debtors....there would of been money left for shareholders. about 9 months ago when zincq first declared chaper 11, they said it would be a quick restructureing...the day zinc went to the symbol zincq, i think the share price of zincq got to 6 or 8 cents a share as its bottom...then it rose to 50 cents a share yesterday...now with a judge decision wipes out millions of dollars for current shareholders of zincq....terrible....someone with deep pockets should buy all the outstanding shares of zincq and make the short sellers force to cover...the playing field is not level...the short sellers make 100% profit everytime they short sell shares now....not fair at all.

[macdwatcher1]

that is great news LVHD....there are posters on this IHUB message board and other message boards posting that the shares of ZINCQ were cancelled. delisting and cancelled are way different...when a stock gets cancelled , that means you can not buy or sell it...terrible deal. i feel sorry for the people who were looking for a positive result from todays court. IMHO, I believe the real actual book value of ZINCQ is atleast 12 1/2 cents a share....i hope there is some kinda of appeal to todays judgement....atleast let zincq keep trading ...even if its on the gray sheets.....what an insult to injury it would be to get todays ruling by the court and then they cancel shares of ZINCQ and it never trades again. i just hope it trades on tuesday....any kind of appeal would give share owners of ZINCQ some time to decide what to do with their shares.imagine coming home right now and seeing the share price of zincq at 4 cents a share and on tuesday you arent allowed to buy or sell shares of ZINCQ? i also am looking for some kinda dead cat bounce in share price....just take and make your money and run before they do cancell ZINCQ shares. not much info is available to traders in regards to ZINCQ. if zincq shares are cancelled, it will show up on the SEC . GOV. delisted stock list ,,,,GLT

[lvhd]

The shares were not canceled yet. Hope for a bounce next week. GL

[macdwatcher1]

ok...will ZINCQ trade on Tuesday? its a simple question....if the shares were cancelled today, then there will be no bid and ask on tuesday...so when tuesday 9.30am EST , will we be able to buy and sell shares of ZINCQ? thank you in advance TIA

[lvhd]

True!

[Marc Live]

http://m.nasdaq.com/symbol/zincq/after-hours

[Marc Live]

Yes genius. You still can see otc quotes on Nasdaq for afterhours trading.

[matthewtl]

Anything showing "after hours" are T-trades that settle from earlier today.

[matthewtl]

They aren't on NASDAQ any more. They're on the OTC now from having the Q (bankruptcy) and trading under a dollar. There aren't any after hours trades on OTC stocks

[Marc Live]

Up 14.94% after hours. Check out Nasdaq afterhour quotes web site.

[macdwatcher1]

i dont see any bid or ask for zincq. was zincq already cancelled? meaning there are no market makers for zincq? how can they let zincq trade today and then in after hours cancell all future trades in zincq? the nasdaq should of halted trading if they new shares were being cancelled.

[Forever Long]

I would argue because of a 3 day weekend ppl dont really give a damn so I would say sell. But hey, Ive been wrong before.

[lowman]

Fill me in then, if you don't mind.

[Atlanta1]

I think you are a little late to this story.

[lowman]

Sheesh, they only just announced no EC today. They never cancel commons as quick as you make it sound. I bet BINDQ trades for 2 more months before it's toast, if it is.

Huge selloff today and lack of sustained bounce is appropo for a Friday before a 3 day w/e. Emotions were sky high today.

Don't be surprised if a bounce to .10-.15 occurs next week.

One EC appeal filing and boom!

[macdwatcher1]

last question...does ZINCQ trade on tuesday?

[macdwatcher1]

where does it say that shares of zicq will be delisted and cancelled? and there was n timeline given when zincq shares will be delisted and cancelled.

[AUDACIOUSWON]

News today? Sorry longs :(

[Forever Long]

Ah, I read seel days.

[big green tractor]

sell days , many people sell on Fridays so I troll and look for good deals.

[Forever Long]

What do you mean seel days...

[Forever Long]

Wise choice, if fridays are buy days I would sell...

[big green tractor]

not looking that way but Fridays are usually seel days in return makes them buy days for many. Thinking I will sit this one out but very curious to see what comes next week.

[Forever Long]

People looking for a bounce that may not come...

[big green tractor]

so buyout coming or what ? why buy is the question unless a bounce is coming Monday. time will tell I guess?

[UP Trend]

Very similar scenario here, Q play with huge drop, then big bounce!

[janitor_unbound]

look at BINDQ it's been an ATM for savvy traders