Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Smething tells me this week will let us know something, one way or another.
aimho
e
Careful. Not sure if same situation, but cannot believe that it would not be as to what just happened to CHTRQ Charter Communications. The day they emerge from BK in most all cases the commons are canceled leaving you with nothing. Even if they do reemerge with new symbol which by the way could take up to 45 days, they start all over again. Your old shares do not transfer over to new symbol as far as I know.
Anybody scared out yet....Judge sitting on decision and business information kept under seal...that really does seem reasonable in this situation...but is that seal being used as an excuse to pull the pps down in an effort to scare out a few more shareholders. Man if they can get enough out...maybe won't be such a hit when the judge doesn't allow the commons to be ripped off...interesting at least.
Havn't been reading this; thank you for your time-n-efforts.
e
Have you been reading the judges comments regarding the company's attempt to hide information regarding the value of the shares..from the commons...sounds like the judge may not been willing to watch another screwing of the common investor??? N I C E
Some folks over on Yahoo are saying that the hearing for the equity committee is 11/30 but I can't find any links/info in dockets. Anybody?
** SPSNQ Annotated Chart **
** Make $$$ + Free eBook ** - click the link - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41244636
Does Using Charts 'Actually' Work?? - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37681794
Need an annotated chart? - stop by my board - http://investorshub.advfn.com/boards/board.aspx?board_id=8765
IMO...
sold all of mine some time ago, any word from the judge? PPS would say no?
Somethings needs to break-loose here.
This is killing me
e
Yeah I hear ya. But we don't know the date when this decision is to be made at this point? I've been out of this for a bit so I haven't been keeping up with the dockets.
I think when/if the judge signs of on the plan put forth by the 8k we got...
He could say no, do it differently, say okay, or the company can come in with an last minute alternate if he questions their motives.
heck i don't know
just know if it was a for-sure common loss we should be below one cent by now imvho.
after all the/a judge overturned the samsumg decision in our favor imo.
2000patents / 400mln in assets is nothing to sneeze at.
e
When the hell do we find out about commons?
I'm still holding about 8k-shrs of .02s that I'm considering letting go next week, but imvho there's still a better than 50/50 chance this company will come out of this with us.
They're all free n i've made a killing here, so may just let-em ride n gamble it.
Those first mirror-bit orders could change the dynamics here imo.
fwiw
Do we know when any news is coming out?
Good to see you Mo....I thought I was the only one left watching here...????? Amazingly silent
I've been watching but like I said I'm afraid of this thing right now. It doesn't owe me a peny at this point and I want to keep it that way. I think it is going to be a great stock to look at once we know what is going on and they come out of bk.
2009 Oct-B Short Data
Spansion Inc.
$
SPSNQ
Short Interest (Shares Short)
829,700
Days To Cover (Short Interest Ratio)
0.1
Short Percent of Float
0.62 %
Short Interest - Prior
645,800
Short % Increase / Decrease
28.48 %
Short Squeeze Ranking™
% From 52-Wk High ($ 0.55 )
%
% From 52-Wk Low ($ 0.06 )
%
% From 200-Day MA ($ 0.15 )
%
% From 50-Day MA ($ 0.26 )
%
Price % Change (52-Week)
%
Shares Float
134,620,000
Total Shares Outstanding
161,956,210
% Owned by Insiders
25.19 %
% Owned by Institutions
0.80 %
Market Cap.
$ 37,249,928
Trading Volume - Today
335,515
Trading Volume - Average
7,006,700
Trading Volume - Today vs. Average
4.79 %
Earnings Per Share
-2.67
PE Ratio
Record Date
2009-OctB
So is there anyone else still out there or what? Still not getting any news either way and even yahoo board is silent...anybody anywhere talking about this company? Still hanging in there...for a while longer...Lindy
You know, down the road a year or so I can seriously see this becoming a share grab.
Management has already crushed everyone else. Why stop now
Good News - eom
Set-Top Box Manufacturers Select Spansion MirrorBit(R) SPI Multi-I/O Flash Memory to Simplify Designs and Lower Overall System Cost
SUNNYVALE, Calif., Oct. 21 /PRNewswire-FirstCall/ -- Spansion Inc. today announced that leading Set-Top Box OEMs in Asia are adopting its MirrorBit® SPI Multi-I/O Flash memory to simplify designs, help reduce form factors and enable lower overall system costs in many of their new models.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060118/SFW077LOGO)
A set-top box (STB) is an electronic device used to bridge and regulate content from cable or satellite TV operators to consumers. The boxes are becoming more feature-rich including functions like personal video recording and internet access for streaming content. Set-top box sales have continued to expand even amid the worse phase of the current economic downturn, with shipments set to grow to 136.7 million units in 2009, up 4.2 percent, due to rising demand from Asia and from products supporting High Definition (HD), Digital Video Recording and Internet Protocol Television (IPTV), according to iSuppli Corp, El Segundo, California. Shipments are expected to rise to nearly 200 million systems by 2013, growing at a CAGR rate of 9 percent during the forecast period, according to Jordan Selburn, principal analyst for set-top boxes at iSuppli.
Spansion® MirrorBit SPI Multi-I/O Flash memory is enabling set-top box manufacturers to take advantage of the lower overall system costs that the serial interface enables, while offering high performance and reliability that the new digital home applications demand. The MirrorBit Multi-I/O SPI family includes 32-megabits (Mb), 64 Mb and 128Mb devices with all three densities shipping in volume production today. The S25FL-P devices are available in 8-pin SOIC (208 mil), 16-pin SOIC, USON (6mm x 5mm), WSON (6 mm x 8 mm) packages), depending on the density. In addition, all 3 densities are also offered in a BGA 6mm x 8mm package.
"As a global leader in China's developing set-top box industry that is known for its technically advanced, yet cost effective set-top box platform we are excited to see suppliers like Spansion bringing high performance to serial Flash memory so it can be leveraged in applications that demand more performance," said Wenting Zhang, Deputy General Manager of the set-top box department at DVN (Shanghai) Ltd. "By utilizing the simplified interface for Flash memory and with performance comparable to standard parallel I/O NOR flash, we are able to bring innovative devices to market with lower overall system costs."
SPI devices typically read information serially, or one bit at a time, requiring fewer connections and thus fewer pins. This simplifies board layout which results in lower system costs and reduces the form factor of many embedded designs. With multiple I/Os, SPI devices can transmit and receive data either one, two or four bits at a time from a single device, enabling faster speeds while still requiring only eight total pins or four active pins to retain the original benefits of single I/O SPI.
The enhanced performance means that serial devices can be used to support faster code execution, potentially reducing the amount of RAM required by the system with slower serial Flash memory solutions and enabling faster system power up times, considered an important benefit for consumer electronics. Leading performance of up to 40MB/s (80 MHz per I/O in quad I/O mode) makes the MirrorBit SPI Multi-I/O family capable of executing code in-place (XIP) for a variety of industrial and consumer electronics applications with performance that matches or exceeds conventional parallel I/O NOR Flash memory.
The product family also offers enhanced security features with a permanent sector lock security device that protects code and data stored in the memory array from being changed or erased in any way after this command has been activated. For higher levels of security, the 6x8mm BGA package can be used to further secure operator's code from signal hackers who attempt to probe the memory connections.
"By introducing this new family of MirrorBit SPI Multi-I/O Flash Memory devices, Spansion is delivering high performance while at the same time maintaining the simplified interface for Serial Flash memory, and enabling us to bring innovative devices to market with lower overall system costs," said Xiaohui Wang, the General Manager of R&D department at Skyworth Digital Technology Co. Ltd. "As an OEM focused on high-quality systems, we are excited to see suppliers like Spansion bringing tougher security and high performance to serial Flash memory so it can be leveraged in tomorrow's applications today."
In addition to set top boxes, Spansion's MirrorBit SPI Multi-I/O devices are designed to address the performance, cost and volume demands of applications such as optical disk drives, personal computers and high-end printers, as well as networking and home entertainment equipment such as digital TV and DVD players/recorders.
About Spansion
Spansion (Pink Sheets: SPSNQ) is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing, selling and licensing Flash memory solutions. For more information, visit http://www.spansion.com/.
Spansion®, the Spansion logo, MirrorBit®, MirrorBit® Eclipse(TM), ORNAND(TM), EcoRAM(TM) and combinations thereof, are trademarks and registered trademarks of Spansion LLC in the United States and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.
http://www.newscom.com/cgi-bin/prnh/20060118/SFW077LOGO
http://photoarchive.ap.org/
DATASOURCE: Spansion Inc.
CONTACT: Courtney Brigham of Spansion Inc., +1-408-616-5056,
Web Site: http://www.spansion.com/
No kidding lindy. I've never understood the "logic" of picking up stocks that have already announced their intention to cancel the commons.
There are plenty of other bounce plays out there where that contingency doesn't enter into it.
I can see it early in the Q, where that announcement hasn't been made yet.
I guy can do pretty good bouncing off the "death spiral" lows. Pretty easy way to pick up a greasy 100-200%, even if it seems likely they will cancel those shares later.
I try to pick only the ones where the commons have a good chance of surviving the process.
I picked wrong here obviously, but they had a real good chance right up till the end.
Still might yet, although the odds are getting longer.
You are welcome to visit my personal board, those are all pretty good for various reasons. GL Lindy.
http://investorshub.advfn.com/boards/board.aspx?board_id=14551
GLTA !!
wow...look at the bid/ask jumping around....gamey for sure. LOLOL Hi Mo
I think some are still holding "free" shares to see what the final decision is. Who knows at this point though.
Looks like you just might get to today....seems to want to run...my question is why does this stock continue to have any value at all....I mean cancel the common???? And we are holding our own????
No info at all lindy. It is kinda curious.
I'm down to s small compliment of freebies and looking for a bailing point.
Love to see another run to .30 for one last hurrah !! GL L
GLTA !!
Sure is quiet in here...am I the only one still holding. It is really strange how it is holding value here...for a dead turkey with a company attempting to cancel the shares. Anybody have any information at all? Lindy
ad hoc equity committee formed.
Docket 1365.
dam what do they THINK they know?????
Charts Looking Pretty Nice. (not that this thing is following any rules lol) IMO
Interesting little movement here in the b/a just before open...after yesterdays action it really gets my attention...does somebody have information?????
I agree. In this thing until it explodes or dies, either way its gonna be fun to watch. IMO
Are they going to tickle this thing again to try-n-get my shares.
Going to have to do better than .51
lol
e
However they're doing it -
It appears most are abandoning ship...
Lets hope for a miracle.
e
2009 Oct-A Short Data
Spansion Inc.
$ 0.27
SPSNQ
-0.04
Short Interest (Shares Short)
645,800
Days To Cover (Short Interest Ratio)
0.1
Short Percent of Float
0.48 %
Short Interest - Prior
665,300
Short % Increase / Decrease
-2.93 %
Short Squeeze Ranking™
% From 52-Wk High ($ 0.55 )
-107.17 %
% From 52-Wk Low ($ 0.06 )
78.87 %
% From 200-Day MA ($ 0.14 )
47.17 %
% From 50-Day MA ($ 0.24 )
9.43 %
Price % Change (52-Week)
%
Shares Float
134,620,000
Total Shares Outstanding
161,956,210
% Owned by Insiders
25.19 %
% Owned by Institutions
0.80 %
Market Cap.
$ 42,934,591
Trading Volume - Today
2,530,567
Trading Volume - Average
5,202,700
Trading Volume - Today vs. Average
48.64 %
Earnings Per Share
-2.67
PE Ratio
Record Date
2009-OctA
Hey Lindy
First of all...I'm glad that you made out ok. I bought back in the day of the the initial drop and traded it myself. At this point, I'm watching it but it's too risky to touch at this point. I say see what happens to the commons before getting involved again. If they're really coming out of BK then buying in after the share issue settles is a no brainer.
Well that was scarey...quotestream wasn't showing any trades...they just got unstuck...thank god...moving again...dipping and then a run to what 40's today?
Well that was scarey...quotestream wasn't showing any trades...they just got unstuck...thank god...moving again...dipping and then a run to what 40's today?
Ok Hello everybody...for a stock that has being doing backflips since it's deadly news from the company...I can't imagine why this board is so very quiet. I am green on this one...and really watching with interest...the games on here and on the market boards...wowowow...what a strange world we live in in this market. Anybody have any thought left about what is happening and what we might be hearing next? Lindy
okay -
I just let-go half my holdings.
The rest will ride-it-out eighter to rise or expire to null.
g/luck all
emit...
400,000 just went through at .31. Hoowah. (edited: my bad, lost count of the 0's)
Back in at .24 yesterday....THIS THING IS A BEAST!!
Do I hear .35???? somebody slap that ask a few times and it will scare out the ones waiting to see which way this runs...lolol. Lindy = clueless
Oh yessssssssssssss I saw it...I saw it...3's...are officially back here...lolol.
That was one hell of an opening....I think we will see lots of 3's today and maybe even into the 4's...this thing is just strange...and somebody knew we were gonna get that 8k...and traded on it...now trading on the run back up...this thing doesn't act like a done deal....but I have only MHO...and the fact that I jumped back in quite accidentally and now have a nice profit from that mistake. LOLOL...Lindy
"Spansion seeks extension to file disclosure, eyes year-end exit http://ow.ly/sUzt"
The link needs a membership and I can't find the info elsewhere. Again, I can't see how the judge can rule in their favor if they haven't even filed their numbers yet. Seems extremely arrogant on their part..."Oh Judge, we'll let you see our numbers in a few months, but in the meantime, could you just cancel those annoying commons holders' shares? That's a nice judge." lol
If this thing pushes into mid thirties tomorrow I'll go nutz...
e
Beats nothing.Ask anybody still"holding"FRNTQ..the risk we take playing these damn things..
Well, I grudgingly sold my .18's for .31. Left a LOT on the table by not selling .50 but a profit's a profit.
Followers
|
26
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
3318
|
Created
|
11/09/06
|
Type
|
Free
|
Moderators |
Sector: Technology
Industry: Diversified Electronics
Web Site: http://www.spansion.com
Court Docket
http://chapter11.epiqsystems.com/default.aspx
BUSINESS SUMMARY
Spansion, Inc. engages in the design, development, and manufacture of flash memory products and systems in the United States, Japan, Malaysia, Thailand, and the People’s Republic of China. Its wireless product family primarily includes PL family, which is used for a range of mobile phones; WS family that is used for mobile phones with capabilities, such as polyphonic ring tones, color displays, higher resolution cameras, and internal storage for multimedia content; GL family, which enables code and data applications in mobile phones; and MS family products for data applications in higher-end mobile phones. The company’s embedded products include the AL and GL product families that address consumer, networking, and telecommunication applications; the CD product family automotive engine and transmission control applications; and the FL product family that addresses personal computers and peripheral applications, and consumer applications, such as hard disk drives and graphics cards and in consumer markets. In addition, Spansion provides flash memory products development tools and subsystems for the design of flash devices. Its products are used in a range of electronic products, including mobile phones, consumer electronics, automotive electronics, networking and telecommunications equipment, and personal computer peripherals. The company was founded as Fujitsu AMD Semiconductor Limited in 1993 and changed its name to Spansion LLC in 2003. Further, it changed name to Spansion, Inc. in 2004. Spansion is headquartered in Sunnyvale, California.
Recent Headlines
Short Interest - 2009-Oct-B
| ||||||||||||||||||||||
| ||||||||||||||||||||||
| ||||||||||||||||||||||
|
Mutual Fund Activity
http://www.mffais.com/spsn.html
Daily Chart Extended
Weekly Chart Extended
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |