ThinkEngine Networks, Inc.(fka THNKQ)

[shankapotamus]

LOL. Interesting volume on this little shell.

[Soapy Bubbles]

Take that HDSN.

[shankapotamus]

Big buying today.

[shankapotamus]

need to dd this one

[shankapotamus]

funny name too

[shankapotamus]

very strange

[shankapotamus]

zzzzzzzzzz

[Bigstud is here]

This is slowly going up. So where is everyone?

[DHANA]

this one is alive, some MM is active on this one and buying at bid, may be going to come out of BK soon. very low OS and float and there is every chance the commons will survive post BK

[bampabruce]

Not me, looks like someone wanted out. Now maybe we head back up again.

[Bigstud is here]

Well made a high of .0695= over 17,000%. Did anyone sell anything?

[DHANA]

OS is only 6.8m, don't know the float. good if they don't cancel the OS when coming out of BK.

[bampabruce]

Wish I knew. Maybe they will be coming out of BK. It actually closed @ .0695 with a T trade.

[DHANA]

0.05 today, what's happening with this stock?

[bampabruce]

Nice 3 day run so far. .002 to .02

[bampabruce]

THNKQ interesting..yesterday went from .002 to .006 up 200% with all trading in the last 1/2 hour. Today went from .006 to .009 with all trading in the last 15 minutes. Something is definately up IMO.

[CowboyDennis]

Understand that completely it's a coin flip at best. I'm gonna take a small shot at both q's anyway. I've actually got lucky on 1 an it's a good reason to try more. Lotto picks do hit.
CD

[bampabruce]

I have been accumulating THNKQ since 2008 and hope to see favorable results soon. As for the other, I am a freebie and cannot private message to say "not a believer".

[bampabruce]

Very interesting. Thanks for the info.

[bampabruce]

Been in this since 12/08. Nice to see it get action. If they come out with news or exit banko sky's the limit.

[CowboyDennis]

Hahaha; THANK Q!!! Love the ticker name; awesome~

[WIDESPREAD PANIC]

Watching this!

[jztechguy]

Bankruptcy. New symbol thnkq

[lefty18]

I was home today taking care of my son who was sick. Illness and bad weather has been the theme for this winter so far.

[jztechguy]

Thanks for the update. I appreciate you taking the time out of your day to make calls.

[lefty18]

I just got in touch with Mike Wixon. They're still up and running. Now the question is, can they go green?

[lefty18]

Hilarious. THNK is so transparent, we can see when the next PR will be released. Earnings PR will be released 02/10/09. If they go profitable, we'll go up by 1000% minimum.

If they reduce their deficit and forecast a profit in the future, similar move up. If they don't improve (doubtful) we stay in the same range.

[vlftraders]

Any Buying pressure and this is gone! EM

[bampabruce]

Order in for 85,000sh. at ask...None avail??

[vlftraders]

Bought last week. B/A higher than PPS? EM

[lefty18]

Nice, thanks JZ. Maybe that explains some or most of the cheapies available down here.

[jztechguy]

According to MSN Money's information about THNK: As of 8/31/08, there were roughly 6 mutual funds that own shares:
http://moneycentral.msn.com/ownership?Holding=Mutual+Fund+Ownership&Symbol=THNK
and 4 Institutions that own shares:
http://moneycentral.msn.com/ownership?Holding=Institutional+Ownership&Symbol=THNK

With it having been delisted from the Amex, I'm sure that many of the mutual funds and institutions had to sell there shares due to their own investing rules.

This definately has potential and it's nice to see that the funds and institutions believe that to.

[lefty18]

Thanks guys. It looks like this stock has totally fallen under the radar. Multiple mutual funds still own shares apparently. Whatever happens from here, I'm holding on to mine.

There are pinkie shells with market caps 10x the size of this company. Actually, I'm in one right now that is 30x the size of THNK's current market cap.

[vlftraders]

Very Nice Lefty, Thanks for that. EM

[RULiquid]

very nice update lefty

[lefty18]

THNK - just spoke with Jack Steinkrauss. The situation is even less dire than I believed. From reading the 10Q and 10K I thought the company was in debt as much as 14 million. It's only about $1.3 million - very managable considering their revenues.

He said that the most recent product development was to expand the scope of the VSR1000 to meet the demands of the managerial conferencing segment. This will allow them to broaden their customer base from the media giants Verizon, Comcast and Cox Communications and open up markets for their products to many smaller companies throughout the world.

He was cautious not to reveal anything not already public and sounded like a very sharp guy. He confirmed the 20 mil AS, the 7.1 million OS and put the public float at around 5.5 million.

One of the companies they work with owns about 17% of the OS.

[lefty18]

Next stop .03s.

[RULiquid]

yeppers

[lefty18]

Only one MM left until we hit the .02s!

[RULiquid]

Holding very well WE creep up from here

[RULiquid]

I did all day...

[jztechguy]

Yep. I just wish AlphaTrade would get the L2's fixed. Has anybody else been having problems with the L2's?

[RULiquid]

happy with the close

[vlftraders]

.016 X .019 EM

[RULiquid]

.015 x .019 sweet!!

[RULiquid]

hard azz fill for sure

[StockNemesis]

Thats funny I tried to pick up 40k shares @ a penny. Not easy to buy...

[RULiquid]

yeppers

[lefty18]

The current authorized is 20 million. I don't think there could be much more than a million shares available below .10.

[StockNemesis]

Hi all, thinking of picking up some shares. I cant remember seeing 7 mil as outstanding shares especially at this price. Whats the updated float & authorized?
Thanks