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Only 3100 left on the ask side. While there's 100k on the bid side. The fuse is lit. Now watch for the explosion.
I don't give much to fundamentals. I'm here for the chart. All the information is pulled into the price already, just study the price action and you will make lots of money! Good luck
Be well
Absolutely. The chart is all set to go. 1.89 first target.
It's going to breakout this week. 100% positive.
You think it goes higher than $1.46?
Nice huge base here and now a great breakout. Perfection. Literally. Monster run is coming.
Nice vacation news. Thanks
you can call two weeks of tough travel, an emergency at the office and remodeling a kitchen "patience" if you like. I'll go with that. Yeah....
I call it lack of time and irish luck that it's still up.
lol, I wish I were as patient as you. I went waaaayyyy too heavy in this one when buying that unexplained dump so I was pretty pleased with my 30-40% in a couple weeks.
Congrats on a nice gainer!
Still in but have an itchy trigger finger here and cntf
This is my second biggest winner in 2013 despite selling waaaaayyy too early.
Congrats to you for holding!
I wish! Unfortunately bailed some time ago...
heber and tbird still have your shares?
I guess today is the 10th trading day above a buck.
No risk of delisting for a while.
I'd love to see the take private price go up.
Eh, who wouldn't! I think it deserves more.
TBOW- Might be time to take another stab at this pos...Morgan Stanley now the proud owner of 735k shares of TBOW (added 581k shares!). $1.46 going private still outstanding and we could see the pr any day now imo. Reason for NT filing today could be finalizing the deal. And how about this little tidbit in from the NT filing?? Looks like they are finally collecting those receivables (in a big way). They followed through on their promise. I think they will deliver some news after filing.
NFL preseason is here and TBOW now moving...weeeee!
1.48 offer seems fair to me at this point. All my shares bought on the massive plunge to .58 so no desire to support class action vultures here.
what do you and herbercreeper think wd be a "fair" offer for tbow?
do I have to get in touch with : Cleary Gottlieb Steen & Hamilton LLP to be represented by them?
thanks for any advice you can give me
regards - john
ps -- plse email me your responses , hopefully from both you and heber to mcvey@vif.com as I do not check this board too often
Still here...just not much to say. Not expecting it to be near the torture session WH was.
Tencent not too strong when it comes to trademark/patent issues.
http://www.globaltimes.cn/content/751818.shtml
TBOW - Had a feeling this was coming: Trunkbow Receives Nasdaq Notification of Non-Compliance with Minimum Bid Price Rule
Company has 180 days to regain compliance 07/01 01:01 PM
--------------------------------------------------------------------------------
BEIJING, July 1, 2013 /PRNewswire/ -- Trunkbow International Holdings Limited (TBOW:$0.928,0$0.048,05.45%) , a leading provider of Mobile Payment Solutions ("MPS") and Mobile Value Added Services ("MVAS") in the PRC, today announced that on June 28, 2013, it received a letter from the Nasdaq Stock Market stating that, based upon the closing bid price for the previous 30 consecutive business days, the Company no longer meets the requirement set forth in Nasdaq Rule 5550(a)(2), which requires listed securities to maintain a bid price of $1.00 per share (the "Minimum Bid Price Rule") .
In accordance with Nasdaq Marketplace Rule 5810(c)(3)(A), the Company has been provided with a period of 180 calendar days, or until December 26, 2013, to regain compliance with the Minimum Bid Price Rule. The Company may regain compliance with the Minimum Bid Price Rule if the bid price of its common shares closes at or above $1.00 per share for a minimum of ten consecutive business days at any time prior to December 26, 2013.
The Company intends to evaluate available options to resolve the deficiency and regain compliance with the Minimum Bid Price Rule.
Weeeeeeeeeeeeeeeeeee
TBOW is hiring..
http://search.51job.com/list/co,c,2702247,000000,10,1.html#syzw
hey, I am green, I like this color.
... or say goodbye to some of them as they graduate from my account...
Had about enough of the cheapies here. Ready to see some expensivies.
Here is your special committee:
Our board of directors has formed a special committee of independent directors (the “Special Committee”) consisting of Dr. Tan Kokhui, Dr. Lv Tingjie, and Mr. Huang Zhaoxing to consider the going-private transaction. The Special Committee has retained financial and legal advisors to assist it in its review of the going-private transaction.
Tan Kokhui
http://www.nbs.ntu.edu.sg/About_Us/Leadership/Pages/TAN_Kok_Hui.aspx
Lv Tingjie an author
http://www.amazon.co.uk/Books/s?ie=UTF8&field-author=LV%20TING%20JIE&page=1&rh=n%3A266239%2Cp_27%3ALV%20TING%20JIE
Huang Zhaoxing
Hell, I found a few things on him but he's really just the old guy on the committee.
And a couple other directors of note:
Xin Wang (also CTO): Led development of Rapid ID in US
http://www.rapidid.com/industries.html
Regis Kwong: CEO of Jingwei from 2005 to 2009 (successful take private in 2012). Also Managing Director of Centric Capital, PE firm, responsible for Chinese investments. Also lead investor involvement with YONG and JST.
http://www.china-ui.com/e/cases.html
I have zero interest in VLOV at the moment.
We have seen uglier and held a long time to payday. When the thesis changes let me know.
Where is your head at on vlov?
Gulp...my thesis hasn't changed, but sure is looking painfully ugly here...
TBOW $0.80 : Why I'm betting against the herd:
Latest short data shows only 15k shares short. Now 100k shares available @ IB, was only 6k Friday...fwiw. I hate to beat on a dead horse here, but this simply looks like one or more funds exciting (and a huge opportunity). Not sure when they'll be done, but TBOW should be back over $1 when they are imho. That, and any time now we should be getting an update on the going private...I can't help but accumulate shares down here.
TBOW has already been targeted for delisting due to share price: (screw this, we're going private) http://alturl.com/xudzp and then again for late filing (halted for this, which they came out of unscathed, satisfying the SEC. Director resignation here a possible red flag) http://alturl.com/zp9t5
Read the proposal below; very good risk reward here imho, but as always nothing is a sure thing. Key points from the filing:
*Offer price : $1.46
*CEO/Chairman own 47% of the O/S
VeriFone owns 8%
*Days since offer: 222 (not unusual, WH took over 365 days!)
*Offer made by: CEO (Li Qiang) & Chairman of the BOD (Hou Wanchun)
*Special committee formed: yes
*Legal advisor retained: Cleary Gottlieb Steen & Hamilton LLP (GRRF,and YTEC used them, both closed the offers)
*Acquisition financing method: debt and equity capitol, discussions with VStone Investment Management Ltd. "We are confident that we will secure adequate financing to consummate the acquisition."
THIS IS BIG:
TBOW- patent infringement case pending...I don't remember seeing this before. Regarding "WeChat", has 300M subscribers worldwide. http://www.zdnet.com/wechat-sued-for-patent-infringement-7000013917/
I starting buying on the recent carnage and have an average position of .87....never liked TBOW, but I am intrigued by the going private offer.
NICE! I'm out though. Was happy with my return on it at the time- I probably won't be in a month, lol.
Congrats tbird!
TBOW cc...I am listening now...didn't listen when it came out.
Accounts receivables and DSO's expected to improve "significantly" in Q2, improving cash flow...data centers coming online...
Only one jackass on the Q&A, private investor who sounded sorta like Michael Savage, lol...
Mentioned mobile couponing!! Weeee
CFO speaks English very well. She said there will be an update on the going private transaction within one month.
http://www.media-server.com/m/p/zoebhctc
yep- you nailed it.
Looks like I guessed it with this post...these jokers had a plan in place all along. Pre IPO holder given shares in R/M runs out of shares to dump, they reduce guidance, then realize they better kill the run with a take private offer.
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