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going to watch very closely this morning. Going to drop 100k on this thing to see what we can do. Time to gamble. RSI is about prime if run continues. Would nt be surprised to see a PR at the rate the company has been putting them out.
You are welcome. I don't think the market notice yet because both huge news was put out after the hrs and the next day symbol change.
Wow...interesting thanks Pb
You might consider looking into GBTO super low float it might run like ZANE. GBTO just ink 100 mil dollars contract and another potential 350 mil dollars read prs on march 4th and march 3rd
Recent PR's compiled here:
March 5th
Agreement with Energy Network Limited
March 4th
Globotek signs Multi-year agreement for 10 APG plants
March 3rd
Globotek to build 14 APG Plants in 2010-11
Feb. 25th
Imperial Energy for Two APG Plants
Feb 19th
Globotek Technology endorsed by Russian Ministry of Energy
Dec. 9th:
Globotek Named Best Ecological Project of the Year by Government of Russia
Does this board agree with Yahoo's - that this is going WAY UP?
I need 50,000 will put an order for $1
but as your nickname says, we have made good biz, since SNSS in last Dec. the best for me, got that pharma-bomb also in the 60's and it went 2.40$ in 2 days, quite similar to ZANE in respect of price movement, congrats to you!
friggin' unbelievable
Over 16M traded in 2days on 3M float....go figure! ROFL!
Now you have to call in your buys to certain discount brokers.
Zane Annotated Chart
More great charts on my chartlist and if you enjoy them don't forget to vote at the bottom!
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3627543
,,,,,,,P/U $1.40's Monday and we go again. Weeeeeeeeeeeeeeee!
Brokers have ZANE $2.30 on buying restriction! LOL
this one is INSANE x7 MULTI BAGGER in just 2 days
congrats all! & nice weekend!
nice to see here still going. too overbought for my reentry. Was away for a couple of hours.
WOW!!! kickit in gear baby
I only chase small floaters...ZANE $12M new contract,3M float on the verge of delisting, huge short position, talk of bankruptcy.
All fuel bombs
--MoneyMade
it's trading at my last yesterday's exit point (~1.80) now, I think after a multi-100% day, profit taking is quite normal...
I am watching in interest only. It will tell the story here shortly. Alot of profit takers this morning maybe and alot of people looking to start shorting the stock from the sounds of it. Never know though could keep going. Stranger things have happened
so... after a restful night, ahhhhh! I will count the ZANE money
Fortunately I had the prensence of mind to buy in yesterday tasty .60's of this "short before delisted company" (bashers calls of the toads), lol, well, or rather the odd cream of the crop because no one would have expect the fast and hard run...
then sold out in 3 tranches 1.22-1.82$, I admit, a bit too early, well, never mind, but nice gainage, clearly! I bought in a nice chunk of shares, holding untill HOD (~2.50) gains would have been exorbitant, lololol, unbelievable... but we won't be too greedy, also don't listen to "would" and delisted-warning bashers, so nevertheless I made a handsome 5-digit gainage with this little piece, "short before delisting company", lol... it's nice though!
I'm curious about how it will trade today!
Congrats all! and a nice trading day!
what a happy day yesterday i was in at 0.58 sold half at 2.3 still holding half,today will be an interesthing day
Congrats to you if you owned it yesterday
,,,,,,,Down in AH 2c (what a ride today
,,,,,,Anyone brave to hold AH
All I know is it is a established company with annual 43m in revs. according to PR and looking for federal money. They just booked 12m in contract in last two months and have 8m OS and 3m Float
WHAT THE HECK HAPPENED HERE TODAY? I understand it was a short squeeze but why?
what is interesting is that the volume was never this high thru the ten year chart. Should be neat to watch how it plays out tomorrow
Here's a blog post I just made...
About ZANE's huge move to the upside today...
http://day-trading-the-stock-market.blogspot.com/2010/03/zane-zanett-inc-releases-press-release.html
It's mostly very bullish, but pay attention to the last few paragraphs...
I don't believe today's move had anything to do with Shorts Covering...It only had .53% of the Float that was Short...
I think today's action may have been related to yesterday's PR:
Zanett, Inc. Expects to Receive Delisting Notice; Prepares to File Appeal; No Delisting Action To Be Taken by Nasdaq Until Final Decision by Appeal Panel; 60 More Days Expected Before Final Appeal Decision Issued
http://finance.yahoo.com/news/Zanett-Inc-Expects-to-Receive-prnews-3282971503.html?x=0&.v=1
Maybe they found a "friend" that was willing to invest in a BIG way to help them keep from being de-listed from the Nasdaq...
GLTA,
zigzagman
8M vol.... boys and nearly 600% in 5hrs Thankyou shorts
When will the shorting start?
Zane will be hard to short because of the miniscule public float, but it is coming down. Anybody that shorted it today is in a world of hurt. Read my blog and see what I am talking about - http://investorsoup.com/
Hard to locate shares bc of the small float, that is correct.
at the moment its still tending upwards. some talk about 5$ a share. lol this is crazy i wished would have been in. IB says there is no shares to short this or am i wrong?
Waiting for the right time to short this puppy. Almost delisted, now deal, lol. The down move is going to be swell.
Congratulations to all the longs that were in this thing today. What a great day for you!!!
River~
so, decision made, I stay out
tasty beer, where are you? mmmmmh!, I'm thirsty... this tiny lowfloater made me very very thirsty... lololol...
congrats all! & nice evening!
was there a new HOD 2.47??? 8-o must be something with my eyes... lolololol... maybe I should delay beer-time? well... won't be to greedy... nice bucks today made already... otherwise... !?
yep, so it is, nice profits all, no short attacks, this was a day at the ZANE-RACES weeeeeeeeeeeeeeeeeeeeeeeee everyone enjoyed it, $$$'s banked, will go out and take some tasty beer, over here (Berlin time) we have 20:42 P.M. that's the right time for an extra big one!
great day, nice evening all!
Wes
There are plenty of shares: volume is over 6 million!
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Zanett, Inc., an information technology (IT) company, provides customized, mission-critical IT solutions to Fortune 500 corporations and mid-market companies. It offers end-to-end business solutions, such as initiation, development, and implementation of e-business systems; application development; project management; business analysis; architecture design; package customization; testing and quality assurance, and implementation management; and implementation of enterprise resource planning, supply chain management, and customer relationship management systems. The company also provides voice and data communications network integration solutions that include the provision of hardware, peripheral equipment, and telecommunications lines for voice and data communications networks, as well as related security and design services. Zanett, Inc. was founded in 1992 and is based in New York, New York.
NEW YORK, April 6 /PRNewswire-FirstCall/ -- Zanett, Inc. today announced that it has set an in-house corporate record for contracts signed in a single quarter since the Company was founded over 10 years ago. During the first 3 months of 2010, over $17.1 million dollars in new business has been closed. This amount is comprised of 57 different customers, with the largest customer being responsible for a $4 million mandate. The $17.1 million in deal closings currently reported for Q1 includes the earlier reported $12.0 million comprising of business closed in January and February 2010.
PAST 6 MONTHS = $30.8 MILLION IN NEW BUSINESS
During the past six months, over $30.8 million of business was closed. Chuck Deskins, President of Zanett Commercial Solutions stated, "I am not easily excitable, but all I can say is... Wow...! The 21 great people in our national salesforce have been doing a fantastic job across all segments and throughout all geographies. Over 43% of all new business closed in Q1 was with brand-new customers."
The greater part of the business that has been signed during the past 6 months will be recognized as revenue during the next 4 quarters.
AMERICA IS THRIVING ... SO IS ZANETT'S HEALTHCARE FOCUS
At Zanett, the Healthcare Sector was by far the biggest segment of contracts signed for the past 3 months, accounting for 42% of the value of all contracts signed. Over the past 6 months, more than $11.3 million of new business has been closed in the Healthcare Sector.
Dennis Harkins, President of Zanett Inc, said, "I have said it before and I will say it again ... America is thriving and business is booming ...! People are currently underestimating the magnitude of this economic recovery."
"Throughout the US, corporations are currently hesitant about hiring individuals, due to unknown and unfunded mandates from Washington DC, so they are spending their money on increased capital expenditures. For any corporation out there, Oracle ERP and other IT spending are a natural beneficiary of a reduction in labor force. Here at Zanett, we have a great national salesforce, and they can barely keep up with the demand they see."
About Zanett, Inc.
Zanett is a leading business process outsourcing (BPO), IT enabled services (ITES), and information technology (IT) consulting firm serving Fortune 500 corporations and mid-market organizations in Healthcare, Life Sciences, Manufacturing & Distribution, Retail, Gaming & Hospitality, and State & Local Government.
Zanett helps organizations align business objectives with outsourced technology-enabled services to create Real Enterprise Value. We serve the Fortune 500 and mid-market organizations in Health care, Life Sciences, Manufacturing & Distribution, Retail, Gaming & Hospitality, and State & Local Government with solutions ranging from business consulting as well as custom business solutions that integrate and implement Oracle's full suite of product offerings Oracle, JD Edwards, PeopleSoft, Seibel, including infrastructure technology and managed services together with associated Oracle Fusion technologies. Zanett employs over 225 professionals in North America and Asia with offices in Atlanta, Boston, Cincinnati, Indianapolis, Jacksonville, New York City, North Palm Beach, and Manila. For more information please visit http://www.zanett.com/ or http://healthcare.zanett.com .
Certain statements in this news release regarding projected results of operations, or, projected results of financial plans or future strategies and initiatives, including, but not limited to, projections of revenue, projections of profitability, any and all future expectation, and plans for future activities may and should be regarded as "forward-looking statements" within the meaning of the Securities Litigation Reform Act. These statements involve, among other things, known and unknown risks, uncertainties and other factors that may cause Zanett, Inc.'s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Zanett currently is considering, but in reality may or may not in the future implement any or all of the items and issues listed in any planned budget or strategic initiative, due to, among other things, known and unknown risks, uncertainties and other factors.
Circumstances do change, and if and when the landscape changes, Zanett shall endeavor to remain as flexible as possible, and adjust its strategy accordingly. Zanett, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, change in strategy, or otherwise. The aforementioned listing of risks and uncertainties is not inclusive. For a more detailed discussion of some, but not all, of the risks and uncertainties that may affect Zanett, Inc., see Zanett, Inc.'s filings with the Securities and Exchange Commission.
Neither Zanett, Inc. nor Zanett Oracle Solutions is a part of, a division of, nor a subsidiary of, nor in any other manner connected with Oracle Corporation, and no implication is made whatsoever to suggest as such.
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