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Easy Sparky, that was 100 share trade at .0079
epiccc!~>TWKGQ<~seeing HEAVY HEAVY HEAVY what cha talking m boutttt!!!!
Q->WEEEEEEEEEEEEEEE
Thanks, bro! ..that`s a BEAUTIFUL number, think I`ll take `em out early next week!
..how many .005`s are for sale @Ask, please!??? TIA
TRENWICK GROUP (NASDAQ:TWKGQ) Uptrend
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
Based on a pre-defined weighted trend formula for chart analysis, TWKGQ scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Thursday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, Week Ending July 30th
+30 New 3 Month High in July
+80 Total Score
TWKGQ Price: 0.005
B/A tightened: .004 X .005! Nice......
Nice! B/A upticked to .004 X .0069???
..hard to get filled here!!! (..even if ya buy directly out of that Ask!)
GO TWKGQ!!!
GLTA TWKGQ-Longs!
*hypehunter*
Bid Building
Ask
64,900 .005
5,000 .0069
5,000 .008
12,600 .01
Bid
5,000 .004
100,000 .0115
100,000 .001
Looks like someone needed those .004`s badly...
..my guess is that L2 changed a bit, again!?
Auto has 50,000 at .004
Before Auto droped he was sitting on 64,900 at .005
NITE 5,000 .0069
HDSN 5,000 .008
UBSS 12,600 .01
CSTI 5,00 .255
that would be .004's now
Do you know how many .005`s are left here, Bud???
I did NOT buy those 400k few days ago!
..today`s trading-session: YES, at least so far!
looks like you are the only buyer........
L2-update, please! TIA, Bud!
Almost 400,000 Volume
WOW!!! ..were that ya, Bud???
UP 733%, Volume: 118,120, Ask upticked to .007!!! WEEEEEEEEEEEE
..now we need a James Bond who takes out those 007`s! LOL
SQUEEZE IT!!!
GLTA TWKGQ-Longs!
*hypehunter*
~jmo~
Nice! ..someone else is slapping that Ask, also!
..anyone here who is responsible for that 2nd trade, today? LOL
L2-update, please! TIA, Bud!
..added another 70k here at the last minute!
..tight, TIGHTER, TWKGQ!!! LOL
Give the impression? I thought the last few 8-k's gave that impression. Why would you need a chart to read an 8-K?
La Salle gets any reciepts from the notes, and the JL doesn't even expect satisfactory returns on the notes.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7571489
The best hope is that the shell becomes an R/S candidate, and that is a roll of the dice. Shells are being dissolved at a rapid pace.
Don't get me wrong; I have done well with shells over time, but the odds aren't in your favor. You get a good one if it holds up and gets bought. You get nothing if it dissolves. The JL doesn't seem to recognize the shell value, but I could be wrong.
Offshore accounting adds value, but only if the filings can be updated.
Interesting to say the least!
Bid Raised
Bid
ETMM 50,000 .001
AUTO 250,000 .0003
NITE 53,000 .0003
CSTI 5,000 .0002
HDSN 5,000 .0001
Ask
NITE 5,000 .0045
AUTO 80,000 .005
HDSN 5,000 .008
UBSS 126,000 .01
CSTI 5,000 .225
Those 100k buys were mine, yesterday!
You guys think this has a good shot at shooting back up again?
It ain't no fat finger. The same below the bid transactions happen on the Lehman C/Ts. Somebody wants to wreck the chart, and give the impression of worthlessness.
Even with the O/S at 36+ million, I don't think there are very many shares available. They, whoever they are, are not going to get mine with that phony-Bologna, below the bid stuff.
Fat fingered 2 trading days in a row then.....
The PACER filings start on about page six of this pdf.
What are you thinking, beach?
There is nothing here but a shell, and I wouldn't put it past the JL to cancel after they collect on the notes and pay La Salle. Sombody probably fatfingered an order, and set off a computerized momo detection program. "To err is human. To really screw things up requires a computer."
Check this out I traced it back to Trenwick Group
http://www.buddlarner.com/news_events/67-judge-gertners-decision-trenwick-america-reinsurance-corp-v-irc-inc-et
This stock is thin it doesn't take much to move it.
Bid
ETMM 67000 .0008
NITE 5000 .0003
Auto 25000 .0003
Csti 5000 .0002
HDSN 5000 .0001
Ask
NITE 5000 .0045
AUTO 80000 .005
HDSN 5000 .008
UBSS 12600 .01
CSTI 5000 .255
ETMM 1 100.05
Buys
100,000
Sells
5,522
I know, we were up over 150% today, now its -75% lol,what gives?
HEHE!!! ..that was too funny for words.
My guess is that whoever the buyer and seller were, of those below the bid transactions, wear the same underwear, at the same time.
Thank you! ..think I`m gonna add those .006`s,.0065`s & .008`s to my stake one of these days but must clear some more funds first!
..added some today, also!
50,000 at .006
5000 at .0065
5000 at .008
L2-update, please! TIA
(..how many shares are for sale @.006 and what`s next?)
WOW +176%, again! Charts are lookin` much better, now..
What's the story here. Is there any turn around
take em out ken!
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•Ticker Symbol: TWKGQ
•Stock Exchange: Pink Sheets
•Issued and Outstanding: 36,761,021; NO DILUTION!!!
TRENWICK GROUP LTD - former NYSE $5B Asset Stock
COMPANY CONFIRMED COMMON STOCK TO SURVIVE...
"82. In opposition to the Equity Committee Motion, the Debtors state:
While the reorganization contemplated by the Debtors may appear
complex, boiled to its essence, the Debtors do not intend to take
any action that would affect TGL Common Stock, TGL Preferred Stock
or LSH Preferred Stock. Indeed, as Mr. Arpad admits, 'all classes
of equity in TGL and [LSH] are currently expected to survive.'
Debtors' Objection to Equity Committee Motion, para. 13
[Docket number 404]"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33854114
_________________________________________________________________
PRINCIPAL ASSET - 100% VOTING SHAREHOLDER INTEREST IN LSRH...
"The timing of the completion of the Company's liquidation is
dependent on the realisation of its assets, the principal asset
being the Company's 100% ordinary voting shareholder interest
in LSRH whose principal asset, in turn, is its 100% ordinary
voting shareholder interest in its subsidiary LaSalle Re Ltd
("LaSalle")."
May 2007 8K http://knobias.10kwizard.com/filing.php?param=&ipage=4901301&DSEQ=2&SEQ=&SQDESC=SECTION_EXHIBIT&exp=
__________________________________________________________________
***CHAPTER 11 CASE DISMISSED/CANCELLED & BERMUDA LIQUIDATION COMPLETED***
LATEST COMPANY UPDATE/NEWS: SEPTEMBER 24, 2008...
"KPMG said that although the payment of the liquidation
dividend means that substantially all of the Trenwick Group's
affairs have now been finalised IT STILL HAS THE BENEFIT OF
A HANDFUL OF CONTINGENT ASSETS.
HOW MUCH THOSE ASSETS ARE WORTH HAS NOT YET BEEN ASCERTAINED.
http://www.royalgazette.com/siftology.royalgazette/Article/article.jsp?articleId=7d89c3330030020§ionId=65http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001122211
_________________________________________________________________
SYNDICATE 839 RESERVES:
"At December 31, 2007, Syndicate 839 had gross and net reserves of
335 million pounds ($583M) and 104 million pounds ($181M) respectively..."
page 15...
http://www.canopius.com/bin/pdf/original_pdf_file/annual_report_2007.pdf
TRENWICK'S LLOYD'S OPERATIONS IS CANOPIUS....
"The Lloyd’s operations are being branded ‘Canopius’ and will manage
Syndicates 4444(formerly Syndicate 839) and 44 (Life)."
http://www.canopius.com/bin/pdf/original_pdf_file/canopius_launched_to_manage_lloyds_syndicates.pdf
_________________________________________________________
2003 MANAGEMENT BUYOUT(MBO) OF TRENWICK MANAGING AGENTS NOW KNOWN AS CANOPIUS...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32986421
=====================================================================
NOLS Play (Net Operating Loss Carryover) Similar to STBP and FMNTQ...
NOLs Valuation per Company = over $4.08 per share
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32866851
Although the Chapter 11 proceedings against the Companies have been
dismissed, the provisional liquidations of the Companies are being
continued, subject to obtaining funds to pay the JPLs and their
professionals' outstanding and future costs, until the plan of
reorganisation for TAC has reached its effective date, IN ORDER
TO PRESERVE CERTAIN TAX LOSSES WITHIN THE TRENWICK GROUP.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30108025
======================================================================
Trenwick Group Ltd (TGL) - Holding Company - Chapter 11 was dismissed
SUBSIDIARIES:
1. Trenwick America Corporation - former subsidiary, separated from TGL
Chapter 11 was confirmed, New Name: Trenwick America LLC
2. Trenwick Holdings Ltd.
3. Lasalle Re Holdings - Chapter 11 was dismissed
3a) Lasalle Re Ltd subsidiaries:
3a1) Lasalle UK Holdings Ltd (LSUK) capital vehicles at Lloyd's:
3a1-1) Oak Dedicated Ltd.
3a1-2) Oak Dedicated Two Ltd.
3a1-3) Oak Dedicated Three Ltd.
3a1-4) Oak Dedicated Four Ltd.
3a2) Packchance Ltd.
The capital for Syndicate 839 was provided by the Oaks, and
the Company, through its subsidiary, LSUK, holds 100% of the
beneficial ownership in the Oaks. However, LSUK issued
subordinated loan notes to TAC and TGL totalling almost $67 million
and, as such, the economic interest in LSUK is effectively held by
TAC and TGL.
________________________________________________________________________
LIST OF NON-DEBTOR ENTITIES (NON-Bankrupt Subsidiaries) as of 2004...
1. Trenwick (Barbados) Ltd.
2. Trenwick Services Inc.
3. Trenwick America Reinsurance Corporation
4. The Insurance Corporation of New York
5. Chartwell Advisors Limited
6. Canterbury Financial Group Inc.
7. Trenwick Services Ltd.
8. Trenwick Guaranty Insurance Company Ltd.
9. LaSalle Re Limited
10. LaSalle Re (Services) Limited
11. LaSalle Re Corporate Capital Limited
12. LaSalle Re (Barbados) Limited
13. LaSalle (UK) Limited
14. Trenwick UK Holdings Limited
15. Trenwick Holdings Limited
16. Trenwick Underwriting Limited
17. Trenwick UK plc
18. ISIS Consulting Inc.
19. Bowman Loss Adjusters Ltd.
20. Castle Members Agents Limited
21. Archer Personal Lines Limited
22. Castle Underwriting Holdings Limited
23. Surveyors Direct Limited
24. Archer Dedicated plc
25. Adit Holdings Ltd.
Outstanding Shares: 36,761,021
Source: MGFS ( 08/20/2003 )
Published: September 24. 2008 09:39AM |
Trenwick liquidation completed http://www.royalgazette.com/siftology.royalgazette/Article/article.jsp?articleId=7d89c3330030020§ionId=65
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