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Is this going to be "wiped out" tomorrow? The news posting was vague, also sometimes there are spikes in stock price before a dissolve scenario. Clearly no recent spike here.
Any bet we get back above .05
There was a lot of big buys at the end of the day. Weird. Why would you think? MM's games?
Bernie
Meaning?
WHAT DOES
"EQUITY HOLDERS WOULD BE WIPED OUT IN THE PLAN"? MEAN?
WHAT DOES
"EQUITY HOLDERS WOULD BE WIPED OUT IN THE PLAN"? MEAN?
BERNIE
Read the 497
Why? Did it say why? Short term right? Please pass on some of there details.
Bernie
497K prospect LEGG MASON financial firm thinks Pinnacle is a deal at these levels!
I think this stock will drift up towards the April 17th hearing.
Then if they say anything besides "its over" or "shares cancelled" this stock will take a huge spike. ANYTHING AT ALL about "a delay" or "would like to try this" could be huge. So little shares. Plus insiders and employees are going to want to get out at a higher level. Just my toughts
Bernie
MM$. I must have missed the run up to the hearing..
Maybe next time..
April 17th is just around the corner..
GLTY..
GO PNCLQ Go..
DrR..
I wish this stock would do something....one way or the other....Im predicting a spike upward.
Ron is this stock making you more happy?
Are we halted? 1/2 hour in and no trades?
Weird for this stock. Maybe bid news about to hit? Delay in the regorginizing perhaps?
HOPE YOUR RIGHT...GOT BURNED LAST YEAR ON THIS STOCK...
HOPE NOT TWO YEARS IN ROW...
WHAT DO YOU EXCPECT IT TO DO?
BERNIE
I agree....do you know anything abut this stock?
employee or anything exciting like that?
Please advise
bernie
We looks like nothing good came out of court date....think it tanks from here?
Bernie
Hear anything about today's court session with Pinnacle?
Id say buys and sells were about even today. I think the insiders and the employees still have a lot of shares to sell. They must have some plan on raising the pps for that.
Time will tell I guess....just dont know why it would trade in this range if it was just going to get pummelled down.?
Makes no sense. Not like someone is dumping into these level. I say way more go through at the ask than the bid for the last month or so.
thoughts?
Bernie
So your talking about the omnibus hearing? Good news can come from that? What?
Thanks
Bernie
Court should bring some good news.. Tomorrow..
.10..
SHorts must cover its the end of the month..
GLTY..
Go PNCLQ Go..
DrR..
UH OH....JUST HAD A 500K DUMP THIS MORNING.....
WHAT KIND OF POP DO YOU THINK COULD HAPPEN? .10 .20 ?
THANKS
BERNIE
MM$, Near term Pop.. But over time.. The shorts will win..
GLTY..
GO PNCLQ Go..
DrR..
Wow. Thanks for all the info. I read through
A lot of it. I still don't see any reason why the stock
Is trading in this range? Or at all. Why isn't it
.000? Right now if shares are going to be cancelled?
With all this being said and read.......
What is your educated guesstimation on what
Will happen to this stock price near and longer
Term?
Please advise (guess lol) and thanks in advance
Bernie
MMMm, http://dm.epiq11.com/PAL/Project#
GLTY..
GO PNCLQ Go..
DrR..
So is there a chane of that happening? When would it have to happen
By? I read all the old pr's and don't see a actual Bk date?
Thanks in advance
Bernie
MofMMM, A modified Plan of Reorganization will delay the BK and Delays are BAd for Creditors and good Share Holders.
GLTY..
GO PNCLQ Go..
DrR..
What good news could come from bk?
POR = ?
Thanks in advance
Bernie
Shorts must cover.. Good news should come from BK court on 28 March..
POR must be revised due to errors in the Plan..
GLTA..
GO PNCLQ Go..
DrR..
DO SHARES IN THIS GET COMPLETLEY CANCELLED OR WHAT?
I MEAN DONT TRADE AT ALL? DISAPEAR?
I REALLY DONT KNOW HOW THAT WORKS......
ITS ONLY GOT 13 MILLION SHARES OUT AND ITS AT .07 RANGE...
I THINK EVEN IF THEY ARE GOING TO GO AWAY THEY WILL HAVE SOME KIND
OF GOING AWAY PUMP/SCRIPT TO GET THESE SHARES TO JUMP.
WHAT DO YOU THINK?
BERNIE
Lmao, that's a lie fool
Dont want to sound dumb....but, who is Legg Mason? Or what is Legg Mason?
This stock only has 13 million shares in the float. On the pink sheets? They need to run some script/story/scam to get out of there shares one last time before there worthless. With that low amount of shares they could run this to .50-1.00 plus in no time.
Airline sector is popular right now!!
This one is a no brainer!
Bernie
too late..out!, now...she been good to me...i think she is really good to u2! CONGRATS!!!!!
THIS ONE LOOKS LIKE IT CAN MAKE A NICE RUN FROM HERE!
yep! IN on the VOL ALONE!!!!! is it true about the delta connection!!!!!
What's the deal with this stock? Is it out of bankruptcy? Is there still a chance that if I buy now I could loose all my shares if they delete all the shares. Sorry for the dumb questions. Just started looking at this stock.
Did well here buying low selling High last time- Still on watch when it comes down back to down the .01s.
$CGRA is one I like here now.
Disregard my earlier post about PNCLQ(I only posted once). I have reached a different conclusion with further research.
I bought a small position in PNCLQ as an option. After reading about bankruptcies I found out that sometimes equity holders do not go to zero. I saw there is some book value on tangible assets so why not. And I also saw there are a couple of big shareholders who probably don't want to lose their equity. Also, I read that a recent development in bankruptcies was the formation of equity committee's to represent shareholders. But this is speculation on my part.
PNCLQ not cancelled until Feb. 15th. or later:
"Pinnacle said it must file a reorganization plan acceptable to Delta and other creditors by Feb. 15." Then it has to go to court to get approved, if approved the company exits bankruptcy and the bankrupt stock stops trading.
But until then, PNCLQ will continue to trade up and down, and the closer it gets to court date the higher it will climb. Just sell on or after the court date...
Got out today, sold @ $0.025....thought there was a pop in the cards but after recent news, I'm out. Took a loss, lesson learned. The 8K kinda said all. GLTA.......
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Filing Date | Form | Description | Filing Group | Downloads |
11/13/12 | 8K | Report of unscheduled material events or corporate event | Current Reports | |
10/25/12 | 8K | Report of unscheduled material events or corporate event | Current Reports | |
10/04/12 | 8K | Report of unscheduled material events or corporate event | Current Reports | |
09/26/12 | 8K | Report of unscheduled material events or corporate event | Current Reports | |
09/18/2012 | CT | CT ORDER | Current Reports | |
09/13/12 | 8K | Report of unscheduled material events or corporate event | Current Reports | |
09/07/12 | 8K | Report of unscheduled material events or corporate event | Current Reports | |
08/31/12 | 8K | Report of unscheduled material events or corporate event | Current Reports | |
08/28/12 | 8K | Report of unscheduled material events or corporate event | Current Reports |
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