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Nope. Chances of getting anything out of te company is slim to none with debt being larger than assets. And the chances of getting something in a lawsui are even worsen
Does anyone think we get anything out of this?
Who's Steve ?!?
Im sorry for mant too Bro!
but I almost never seen a stock on the decline, with so many negatives, turn out too good!
usually they all end up bad!
ATRN is no exception
My wife told me to get out of SPNG mant times
I wouldnt listen, that stock cost me over $100k
Im still suffering from that one!
when our gut keeps telling us something isnt right
other people pointing out things that just aint right
Just like the old saying goes...If it sounds too good to be true...
well we know the rest
ALL~2~WELL
Unfortunately!
I would say its time for some reflection, and learn from what happened, to make you a better investor!
Steve
just in case it is deleted.
There is no way that they could have received their bonuses. I would urge everyone to quit posting over the weekend. I would urge everyone to go back and read every attachment to every SEC filing as the answers are there. I have done this. I did it all before the end of January. The attachments give more details than the individual filings themselves.
The 5.6mm debt was not entirely BD. I recall that there were 7 creditors on the deal. They are all listed in the filings. They are all part of this saga. This is where the rift is. Some filed they were loaning their shares to short. Again, it is all in the filings.
Stay away from the boards as the sharks are going to swarm. If it is only the sharks here, they will have no one to panic. The reading of the filings will give you confidence. That is something that a chartist can not do in this situation. This is professional and I don't mean a gold member. Chose to think like a sheep, and watch the wolves come to class.
Oh I agree, I have been in BK plays and this is the company way to buy us out on the cheap, keep the shell of the company and later sell it off. Chap 11 is forcing the company other creditors besides BD to take a haircut. We might drop monday but be on the look out for some big buys as the company can be buying up shares themselves now.
I agree...it's a workaround to an insider buyout on the cheap basically. But, with that being said...I still think we'll get more value per share than the current market cap. Take a look at some of these links below...some interesting reading.
It sucks that this has turned out this way, but it is what it is. I'm chalking it up as a learning opportunity and it has certainly made me reconsider my investment strategy. I will never chase a stock ever again, no matter how badly I want to hold shares. LOL
http://library.findlaw.com/1999/Jun/20/127226.html
http://www.abiworld.org/committees/newsletters/busreorg/vol9num7/pack.pdf
http://www.bracewellgiuliani.com/assets/dir_docs/news_publication/18fccbfb-9124-4e76-b4cb-33cfa182dd5c_pdfupload.pdf
http://www.bloomberg.com/news/2010-09-02/innkeepers-plan-support-agreement-with-lehman-denied-by-judge-lawyer-says.html
http://www.orrick.com/fileupload/2905.pdf
Here is what is going to happen...
LMAO. I almost just crashed the brand new infinity cause I was laughin so hard. Fuckin bums I swear.
LOL. I keep telling her she should do the trading and I'll change the diapers. She just keeps reassuring me, "You're still young and learning the lessons of the trading game. One day you're going to make us a lot of money and I'll be so proud of you." I couldn't ask for a better wife. Even if I lost everything, I'd still have her and my five beautiful kids. That's priceless.
I've never met your wife, but I like her. She sounds like a better trader than 1/2 the people on ihub.
Well, you'd be pissed on if you did 0%. Some is better than none. COunt your blessings. They're gonna be stepping over each other to dump on Monday.
I just woke up with a bad feeling this morning about ATRN after all the BS this week. Then my wife says, "Please sell ATRN and start over again next week. You haven't lost everything yet, just 20%. Keep 25% of yoru shares if you still believe it's going to be a lifechanger, but sell the rest and just start playing for 10% and out. We'll do better in the long run and you won't be so stressed." I just wish I had listened to her at .25! I'm a dumbass husband, that's for sure.
I am truly, truly sorry for everyone who has lost and will lose money on this one. Who would have thought it would end like this...
Judgement day will come one day for these criminals...God is never mocked.
Im so pissed I didnt do 100% today...
The blood will overflow from the bath. I bet it opens below .03.
Seriously, I got out of 75% today. Wishing I had sold the rest. Monday will be a bloodbath. 6 months of waiting for BK??? Unbelievable. I hope someone goes to jail for this.
Time to flood their facebook and linkedin pages...
Glad I sold half today. Fucking pricks... What a waste of time and energy...
I'd imagine we won't find out anything until the court metes it all out.
Atrinsic just file for chapter 11 now what?
They are losing their ability to think as rational creatures. Recall what a flea circus really is? Place fleas in a matchbox until they learn to jump only as high as the lid. Take off the lid, and they will never leave the box.
the conspiracy changes on a daily basis. It really just depends on how evil, we as the conspiracy, feel when we get up for the day...lol
having said that, I know it will not go to zero. There is just way too much drama for me at this point.
i know how you feel. All the reasons changed as to why I was holding what I had remaining. I didn't get into it to watch it dissolve to zero. I'll buy back in but it will be a trade.
Man behind the curtain?! Orly.. Are you the great OZ???? The suspense is killing me, I hope it'll last...
I think I'll give it a shot, but take profits this time! I sold 75% of my ATRN position today. It has just been too much stress lately...and with this week's B.S., it just about put me over the edge. I'm keeping 25% as a gamble, but going to actually start making some money with the rest. I lost about 20%. I had an average a little over .05 because I kept averaging up and then back down after my initial buys at .012. It's actually a huge relief.
I hope everyone makes a lot of money here. It's been quite a ride and learning experience.
Get me krankenstein's, Ill knaw on it for awhile...
yes extracted from pineal gland lol
Adrenecrone... or something like that... its human andrenelyn.
pineal gland...lol
just a little taste!
As your Attorney I advise you to take a little hit of the brown bottle in my shaving kit... you wont need much...
Love it ! MMC it is lol
Love it ! MMC it is lol
i can PM you the secret cliff notes if you like....lol it is full of our intentions and everything! lol
We could call it the MMC.
It's kinda catchy.
Can everyone just tell me when the paperback version comes out. This is far too confusing to keep up with. I have to read like 4 different boards to even have a close idea of what's going on.
Damn, since I am in TX, it must have been me! lol
I'm out people, enjoy the weekend!
well hell, I thought you where in that there master manipulator club, lol.
i will be the first to admit that i took initial pos on the chart alone. i do understand that there should be news coming out on the results of the trials that they have supposedly concluded. if, true the ma 200 should be crushed and you will be looking at .25+ which i think we can all agree that we could use....lol
TY, much appreciated, lol.
From Lilifar from DRp board.
She better becarefull of what she says
Honey that is what I just said. We know it originated in THEIR NETWORK not just how.
The other thing I tried to say is that it is 'INTERESTING' to ME that this Emmanuel Kassenstein guy's LinkedIn profile has him in Australia. Jeff The Receptionist said on the phone today (recorded, which is legal in NY State), that he had never heard of EK in three months time. Well, I am noticing that the source that was given to Chade & Company was EK, right? If they are falsifying this information by creating emails from the Atrinsic virtual server in Texas and attributing them to someone who is not a US Citizen, is that their way of circumventing the person they leave holding the tar baby from being prosecuted - without fingering themselves for manipulating a stock?
Is that more clear?
She needs to walk up and hear her self in what she is saying...
sure, np. i will put in a good word for ya! .13 it is! lol
Is there a catalyst to get it back up there? Just started looking at the DD today.
Can you let them know I would appreciate us hitting .13 next week, lol.
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