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4/30 is earnings call. Got my sell alert on just in case it plummets today. Weak day overall news said.
We are :)
Happy a great weekend
It definitely seems like we are at the start....I hope anyway...
I'm hoping for the same thing. Stock price is right and easy to run up.
I'm in....I just don't post much.....hoping for a breakout....
MSPD continuation breakout watch
continues strong
BREAKOUT WATCH for possible breakout above 3.89, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 4.49, 17.5% Stop: 3.62, Loss: 5.2%, Profit/Loss ratio: 3.4 : 1 - Excellent
CURRENT PRICE 3.82, at resistance, 3.75 ± 0.13, type single, strength 3
RESISTANCE ABOVE +22.3% at 4.67 ± 0.17, type single, strength 1
+38% at 5.27 ± 0.19, type double, strength 2
source: http://www.stockconsultant.com
MSPD breakout above 3.65
1 1/2 month sideways consolidation now moving to the upside
BREAKOUT WATCH for possible breakout above 3.65, no resistance in area just above.
Type: True breakout from triple+ resistance.
Target: 4.29, 19.8% Stop: 3.37, Loss: 5.9%, Profit/Loss ratio: 3.4 : 1 - Excellent
CURRENT PRICE 3.58, at resistance, 3.52 ± 0.13, type triple+, strength 10
RESISTANCE ABOVE +30.4% at 4.67 ± 0.17, type single, strength 1
+47.2% at 5.27 ± 0.19, type double, strength 2
+78.8% at 6.4 ± 0.24, type single, strength 2
$MSPD is looking better here imo.
PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/MSPD
OTC Markets Company Info ~ http://www.otcmarkets.com/stock/MSPD/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/MSPD/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/MSPD/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/MSPD/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/MSPD/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/MSPD/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/MSPD/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/MSPD/research
Google Finance Summary ~ http://www.google.com/finance?q=MSPD
Google Finance News ~ http://www.google.com/finance/company_news?q=MSPD
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=MSPD
Google Finance Financials ~ http://www.google.com/finance?q=MSPD&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=MSPD
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=MSPD&histperiod=weekly#
Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=MSPD+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=MSPD+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=MSPD+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=MSPD
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=MSPD+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=MSPD+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/MSPD
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/MSPD
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=MSPD+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=MSPD+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=MSPD+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=MSPD+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=MSPD+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=MSPD+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=MSPD+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=MSPD+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=MSPD+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=MSPD+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=MSPD+Cash+Flow&annual
FINVIZ ~ http://finviz.com/quote.ashx?t=MSPD&ty=c&ta=0&p=d
Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=MSPD
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=MSPD
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=MSPD
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=MSPD
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=MSPD
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=MSPD&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260
CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=MSPD&exchange=US
Barchart Quote ~ http://barchart.com/quotes/stocks/MSPD?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/MSPD
Barchart Options Quotes ~ http://barchart.com/options/stocks/MSPD
Barchart Technical Chart ~ http://barchart.com/charts/stocks/MSPD&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/MSPD&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/MSPD
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=MSPD
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/MSPD
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/MSPD
Barchart News Headlines ~ http://barchart.com/news/stocks/MSPD
Barchart Profile ~ http://barchart.com/profile//MSPD
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=MSPD&view=key_statistics
OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=MSPD&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=MSPD&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=MSPD&MarketTicker=NYSE&Typ=S
Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/MSPD/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/MSPD/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/MSPD/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/MSPD/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/MSPD
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/MSPD/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/MSPD/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/MSPD/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/MSPD/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/MSPD/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/MSPD/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=MSPD&sid=1795093&framed=False
The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=MSPD
Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=MSPD
StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=MSPD&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=MSPD
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=MSPD
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=MSPD&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=MSPD.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=MSPD®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/MSPD
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/MSPD/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/MSPD/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/MSPD/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=MSPD&selected=MSPD
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=MSPD&selected=MSPD
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/MSPD/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/MSPD/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/MSPD/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/MSPD/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/MSPD/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/MSPD/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/MSPD/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/MSPD/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/MSPD/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/MSPD/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/MSPD/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/MSPD/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/MSPD/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/MSPD/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=MSPD&selected=MSPD
NASDAQ Financials ~ http://www.nasdaq.com/symbol/MSPD/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/MSPD/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/MSPD/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/MSPD/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/MSPD/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/MSPD/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/MSPD/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/MSPD/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/MSPD.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/MSPD/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/MSPD/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/MSPD/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/MSPD/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/MSPD/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/MSPD/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=MSPD
YCharts ~ http://ycharts.com/companies/MSPD
YCharts Performance ~ http://ycharts.com/companies/MSPD/performance
YCharts Dashboard ~ http://ycharts.com/companies/MSPD/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=MSPD&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=MSPD&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=MSPD&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=MSPD
Zacks Quote ~ http://www.zacks.com/stock/quote/MSPD
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=MSPD
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=MSPD
Knobias ~ http://knobias.10kwizard.com/files.php?sym=MSPD
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=MSPD
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/MSPD/.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=MSPD&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=MSPD®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=MSPD®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=MSPD®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=MSPD®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=MSPD®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=MSPD
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=MSPD
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=MSPD&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=MSPD&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=MSPD
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=MSPD&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=MSPD&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=MSPD
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=MSPD
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=MSPD
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=MSPD
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=MSPD
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=MSPD
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=MSPD
Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=MSPD
DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=MSPD
SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=MSPD
OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=MSPD
Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "MSPD" and click search.
http://www.coordinatedlegal.com/SecretaryOfState.html
http://regsho.finra.org/regsho-Index.html
http://www.shortsqueeze.com/?symbol=MSPD&submit=Short+Quote%99
OTC Short Report ~ http://otcshortreport.com/MSPD
MACDlinks MACDscan
Added shares the last two days. EOM
I'm in. Love the acquisition of Picochip. Love this area of "network of networks" and small cell technology.
Risk/Reward tradeoff for MSPD, as a microcap stock, too attractive to pass up.
This could tear up to 12 from here imo..
Congrats to all here who held through financials, this has been a monster. I'm keeping it on my watch list.
~ $MSPD ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $MSPD ~ Earnings expected on Monday *
This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you!
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=MSPD&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=MSPD&p=W&b=3&g=0&id=p54550695994
~ Barchart: http://barchart.com/quotes/stocks/MSPD?
~ OTC Markets: http://www.otcmarkets.com/stock/MSPD/company-info
~ Google Finance: http://www.google.com/finance?q=MSPD
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=MSPD#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=MSPD+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=MSPD
Finviz: http://finviz.com/quote.ashx?t=MSPD
~ BusyStock: http://busystock.com/i.php?s=MSPD&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=MSPD&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=MSPD
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=MSPD
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=MSPD
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18582&srchyr=2011&SearchStr=MSPD
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=MSPD
~ MarketWatch: http://www.marketwatch.com/investing/stock/MSPD/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=MSPD
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=MSPD
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=MSPD&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=MSPD&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=MSPD&size=l&frequency=60&color=g
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Made some good short term profit here. May jump back in after financials.
Obviously it was definitely a lot better back in May, when it hit over $10 but then if it holds between 6 and 10+ that is not a bad recent post split trading area imo.
Split adjusted the progress has not been enormous at the current SP level, but when it was over $10 post split post split that was a very nice gain and good progress in a relatively short period.
So I see what you are saying however it applies to the SP right now not to the SP a few short months ago, still post split in both cases and all stocks fluctuate.
For now my crystal ball is in the shop but it seems to be holding up well
Moving Sideways for a while now hopefully it will stay above support.
Been watching this thing plow upward for a while. Hard to believe people aren't all over this stock, considering the way it's been moving up. Will try to get an entry on a pullback.
Earnings are out and so is guidance, both show growth.
Nice slow ratchet up on average volume! Just what I love to see.
BOL
MSPD broke resistance on Oct 6th and is gradually ratcheting now with a narrow float and 2x volume. Buying going on and up probably due to the earnings call announced for late this month.
Nicccccccccccce!
Broke Resistance and ready to continue the climb, slowly up is great!
Yep, does the additional “D” stand for "Drop"?
MSPDD
That goes into effect July 1....I think we should watch for a drop afterwords, aye?
Mindspeed Announces 1-for-5 Reverse Stock Split
Monday , June 02, 2008 08:30ET
NEWPORT BEACH, CA -- (MARKET WIRE) -- 06/02/08 -- Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that a special committee of its Board of Directors has approved a 1-for-5 reverse split of its common stock, following approval by the Company's stockholders on April 7, 2008. The reverse stock split will be effective at 11:59 p.m., Eastern Time, on June 30, 2008. Mindspeed's common stock will begin trading on The NASDAQ Global Market on a split adjusted basis when the market opens on July 1, 2008, under the temporary trading symbol "MSPDD." The trading symbol will revert to "MSPD" after approximately twenty trading days.
The reverse split will reduce the number of shares of Mindspeed's common stock outstanding from approximately 119.1 million to 23.8 million. Proportional adjustments will be made to Mindspeed stock options and other equity incentive awards, equity compensation plans, outstanding warrants and convertible notes. The number of authorized shares of common stock will be reduced from 500 million to 100 million.
Information for Stockholders
Upon effectiveness of the reverse stock split, Mindspeed stockholders will receive one new share of Mindspeed common stock for every five shares held. Registered holders of Mindspeed common stock holding stock certificates will receive a letter of transmittal with instructions for the exchange of stock certificates. No action is required by stockholders holding Mindspeed common stock in book-entry form. Immediately following the effective date of the reverse stock split, a new Direct Registration System statement will be sent to book-entry form stockholders reflecting the number of shares held following the reverse stock split. Stockholders with brokerage accounts should contact their brokers to receive instructions. Mellon Investors Services LLC will act as the exchange agent and can be contacted at 1-800-853-4954.
Mindspeed will not issue fractional shares as a result of the reverse stock split. The exchange agent will aggregate all fractional shares and arrange for their sale on the open market shortly after the effective date. Following the sale, stockholders will receive a cash payment from the exchange agent in an amount equal to the stockholder's pro rata share of the total net proceeds of these sales. Stockholders with shares in brokerage accounts should contact their brokers with any questions as some brokers may have different procedures for payment of fractional shares.
Information for Holders of Convertible Notes
Due to the reverse stock split, the conversion price for Mindspeed's 3.75% convertible senior notes due in November 2009 will be adjusted from $2.31 per share of common stock to $11.55 effective July 1, 2008. Holders of convertible notes may contact Wells Fargo Bank, N.A., the trustee, with any questions.
http://www.knobias.com/story.htm?eid=3.1.1765dc3cde5ceb73a9e408ee1c15c4515697494c54c6599b52c047385fb34503
In the Investor's Presentation they mention that they have a lot of relevant developments to disclose that they feel will mitigate any share price slippage after a possible reverse split.
Investor Presentation April 3, 2008
http://investors.mindspeed.com/eventdetail.cfm?EventID=52847
They will probably reverse split to get back above that 1.00
http://investors.mindspeed.com/SECFilingNav.cfm?FilingID=1104659-08-14344
On February 29, 2008, Mindspeed Technologies, Inc. (the “Company”) received a letter from The NASDAQ Stock Market notifying it that for the 30 consecutive business days preceding the date of the letter the bid price of the Company’s common stock had closed below the $1.00 per share minimum bid price required for continued inclusion on The NASDAQ Global Market pursuant to NASDAQ Marketplace Rule 4450(a)(5). This notification has no effect on the listing of the Company’s common stock at this time.
In accordance with NASDAQ Marketplace Rule 4450(e)(2), the Company has 180 calendar days from the date of the NASDAQ letter, or until August 27, 2008, to regain compliance with the minimum bid price rule. To regain compliance, the closing bid price of the Company’s common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive business days. NASDAQ may, in its discretion, require the Company to maintain a bid price of at least $1.00 per share for a period in excess of 10 consecutive business days, but generally no more than 20 consecutive business days, before determining that the Company has demonstrated an ability to maintain long-term compliance. If compliance is not regained, NASDAQ will notify the Company of its determination to delist the Company’s common stock, which decision may be appealed to the NASDAQ Listings Qualification Panel.
The Company may alternatively apply to transfer its common stock to The NASDAQ Capital Market if it satisfies all of the requirements, other than the minimum bid price, for initial inclusion on this market. If the Company elects to apply for such a transfer and if such application is approved, the Company will be afforded the remainder of a second 180 calendar day period to regain compliance with the minimum bid price rule while listed on The NASDAQ Capital Market.
In order to regain compliance with the minimum bid price rule, the Company may implement a reverse stock split. On February 25, 2008, the Company submitted a proposal to its stockholders to approve an amendment to the Company’s Restated Certificate of Incorporation to permit a reverse stock split of the Company’s common stock at a ratio of between one-for-three and one-for-eight shares, to be determined at the discretion of the Board of Directors, and to reduce authorized shares of common stock by the same ratio. If this proposal is approved at the Company’s April 7, 2008 Annual Meeting of Stockholders, the Board of Directors will have the authority to effect a reverse stock split at a ratio of between one-for-three and one-for-eight shares.
I don't know, I was thinking .55-.60 but that didn't hold. They need to get back over a buck.
Quicktrades, looks like she might have found bottom, will be watching for confirmation. http://stockcharts.com/h-sc/ui?c=mspd
Budget
Looking for some action to get this back over a buck.
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90
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Created
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03/04/08
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Free
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