sounds good. guess that is what we always looked for in hopes of avoiding scams.

funny...

in retrospect i guess Labwire was not so much a scam, but just a bad investment.

i took it in the reverse...

Not much has changed. It still is a great place to make money as long as one goes after real companies with revenue and earnings.

yep... "too blessed to be depressed."

much changed in the nanos?

I'm doing well. I hope everything is great with you.

hey mike.! ty. how have you been?

Welcome back.

nasdaq historical

http://www.nasdaq.com/symbol/esit/historical

Hey Crow. I promise I have not. I got Labwired.

LOL!! Apparently, CRREDE still monitors this board!!

I wish you luck with your new stock. But I no longer trade any penny stocks. Yeah, they can make you money if you hang tough with them, watch them like a hawk, and be ready to sell quick.

Take everything they claim as a lie until proven otherwise.

Not for long term traders.

You're the only one left besides me of the old LBWR crew. You need to come over to PSID and check things out. They just partnered with Boeing, yes... and it's looking like they will get a piece of a fat government contract soon. This is a multi stock board so I'm not off topic. What happened to creede?

It's a list of unsolicited stocks, which are stocks that have no market maker with a Form 211 on file with FINRA. That means all orders are actual customer limit orders. Market makers cannot post their own offers because that is considered "soliciting".

Some people don't like to trade unsolicited stocks, but I tend to like them since it takes the MM games off the table.

What does this list mean?

Mikey Share Tuesday, March 08, 2011 1:49:49 PM
Re: None Tweet Post # of 5897

the list of UNSOLICITED STOCKS from otcmarkets.com

Company Symbol
Adfitech, Inc. ADFT
Alliance Enterprise Corporation (The) AETR
Amcore Financial, Inc. AMFIQ
American Home Mortgage Investment Corp. AHMIQ
American Homestar Corp. AHMS
Archer Entertainment Media Communications, Inc. AEMC
Athanor Group, Inc. AGIA
Atlantic Energy Solutions, Inc. AESO
Atlantis Internet Group Corp. ATIG
BankUnited Financial Corp. BKUNQ
Benson Mines, Inc. BNSM
Biocentric Energy Holdings, Inc. BEHL
BioTech Medics, Inc. BMCS
Blue Earth Refineries Inc. BUERF
Blue Gold Beverages, Inc. BGBV
Boyds Collection, Ltd. (The) BYDC
BPI Energy Holdings, Inc. BPIGF
Buffets Restaurants Holdings Inc. BUFR
Carefree Group, Inc. CRFU
CEO America, Inc. CEOA
City Bank (Lynnwood, WA) CTBK
Clarent Corp. CLRN
Cloud Centric Systems, Inc. CLDR
Community Bancorp CBONQ
Comtrex Systems Corp. COMX
Continental Resources, Inc. CTLR
Control Chief Holdings, Inc. DIGM
Corus Bankshares, Inc. CORSQ
Deep Rock Oil & Gas, Inc. DPRK
Deltagen, Inc. DGEN
Dyadic International, Inc. DYAI
E Sol International Corp. ESIT
Eldorado Exploration, Inc. EDEP
Elegant Illusions, Inc. EILL
Energy Conservation Technologies, Inc. ENYC
Energy Management International, Inc. ENMI
ESG Re Limited ESREF
Excapsa Software Inc. ECSWF
First Regional Bancorp FRGB
FNC Realty Corp. FNRY
Franklin Mining, Inc. FMNJ
Frontier Financial Corp. FTBK
Global Lottery Corp. GTTC
Gold Entertainment Group, Inc. GEGP
Green Bridge Technologies International Inc. GRBT
Hawaiian Telcom Holdco, Inc. HWTLW
Heartland Partners, L.P. HTLLQ
Horizon Financial Corp. HRZB
Horizon Telcom, Inc. HRZCB
Industrial Nanotech, Inc. INTK
Jerry's Famous Deli, Inc. DELI
Klegg Electronics, Inc. KLGG
Koala Corporation KARE
Labwire, Inc. LBWR
Landmark Land Company, Inc. LLND
Lazare Kaplan International Inc. LKII
Legal Research Center, Inc. LRCI
Lehman Brothers Holdings Capital Trust III LEHKQ
Lehman Brothers Holdings, Inc. LHHMQ
Lehman Brothers Holdings, Inc. LEHPQ
Lehman Brothers Holdings, Inc. LEHGQ
Lehman Brothers Holdings, Inc. LEHJQ
Lehman Brothers Holdings, Inc. Capital Trust IV LEHLQ
LIGATT Security International, Inc. LGTT
Marijuana, Inc. PCIO
Maverick Energy Group, Ltd. MKGP
Medical Marijuana, Inc. MJNA
MHM Services, Inc. MHMI
Micro Genix Manufacturing Inc. MGXMF
Midwest Banc Holdings, Inc. MBHIQ
Monarc Corp. MONA
MOP Environmental Solutions, Inc. MOPN
Motion Picture Hall of Fame, Inc. (The) MHFM
MSE Enviro-Tech Corp. MEVT
MyPhotoPipe.com MPPCQ
National Storm Management, Inc. NSMG
Newell Financial Trust I NEFIO
NMC, Inc. NMCX
Nova Biosource Fuels, Inc. NBFAQ
Paychest, Inc. PYCT
Pet Ecology Brands, Inc. PECD
Phosphate Holdings, Inc. PHOS
Pilgrim Petroleum Corp. PGPM
Point Blank Solutions, Inc. PBSOQ
Protein Reactor Combined Fuels Inc PRCF
Quad Energy Corp CDID
Rainier Pacific Financial Group, Inc. RPFG
Ramoil Management, Ltd. RAMO
Reeltime Rentals, Inc. RLTR
Reeves Telecom Corp. REVL
Remy International, Inc. RMYI
Renewable Corporation (The) RNWB
Resource Group International, Inc. RSGR
RINO International Corp. RINO
RoboServer Systems Corp. RBSY
Schuff International, Inc. SHFK
Seaco Ltd. SEAOF
Snow Summit Ski Corp. SSNS
Sonics & Materials, Inc. SIMA
Spooz, Inc. SPZI
Sports Concepts, Inc. SCPT
Stem Cell Authority, Ltd. SCAL
Storm Cat Energy Corp. SCUEF
Structured Products Corp. KTBA
Suffer SUFF
Suvanza SUVZ
TexCom, Inc. TEXC
Thomas Pharmaceuticals, Ltd. TPHM
Tonopah Divide Mining Co. TODM
Tracking Corp. (The) TRKG
Tradeshow Marketing Company, Ltd. TSHO
Tronox Incorporated TROX
Tronox Incorporated TROXW
Tronox Incorporated TROXG
U S Liquids, Inc. USLQ
UCBH Holdings, Inc. UCBHQ
UniMark Group, Inc. (The) UNMG
United Western Bancorp, Inc. UWBK
Universal Systems, Inc. UVSS
Versus Technology, Inc. VSTI
Viatel Holding (Bermuda) Ltd. VIAHF
Virtual Ed Link, Inc. VRED
Visual Industries Inc. VUAL
Viyya Technologies, Inc. VYON
Warrior Girl Corp. WRGL
Washington Mutual, Inc. DIMEQ
Wifi Wireless, Inc. WFWL
ZNext Mining Corp., Inc. ZNXT

Good morning. Here is an interesting cautionary tale on Chinese stocks that a good friend sent me.

Well, ain't no shortage of shares to buy!! If you bought 50 million at the present Sp and could sell at a nickel, you could retire...pretty wealthy.

MY ANALYSIS... HOT AIR and lotsa shares.

Hey Crow3....been a while. Have you got any skinny on EYSM. Seems to have a very honest CEO and it appears to be ready to pop in about 10 days either side. Just your honest opinion.....thanks and GL2U !

This is totally obscene.

Good morning to all.

Just created a new tool to help find SOS info more quickly. Just "click" on your the state of incorporation for the stock that you want to review. Should take you to the most direct search option available.

The Secretary of State (SOS)

Any state specific tips are welcomed! Help us build the Secretary of State into something great.

Little MM DD.



http://www.thehotpennystocks.com/Learn-To-Trade/market-makers.aspx

A market maker is a broker or a dealer firm that agrees to hold a given number of shares in a particular stock thereby allowing for trading to occur. Market makers compete with each other for sales of a stock to the customer. They do this by quoting sell (ask) prices for a guarenteed number of shares. Upon receiving an order for a stock the market maker is able to fill the order almost immediately from their own inventory.

You can see a screenshot of a Level II quote. On this screenshot you will see columns with the heading of MPID. These are the intials of the market makers, which are next to the number of shares in their inventory (given in 100's). This screenshot is of MSFT which trades on the NASDAQ where market makers play a large role.

The "ax" is a market maker who currently has the greatest control over the stock's trading. They are who daytraders commonly look for on their Level II's. They are commonly seen supporting the bid and working to increase the bid. They could also be negatively controling the movement of the stock and selling heavily into the bid, driving the bid and price per share down. The ax may also be working to keep the price trading sideways or near the same price. Keeping the bid and ask very tight.

The ax does not exists at all times, but it is good to be aware of them when they do. They are often heavily controling the stock you are trading or looking to trade.

Commonly the ax can be found while the S-8 is in the process of completing. You should see an ax jump in and support the bid when the S-8 is close to completion. Then, of course with a strong S-8, this is accompanied with a S-8 Bounce, or strong rise in the price per share.

Finding the Ax
After you have been trading in a stock for a while, you will start to become quite familiar with its Level IIs. It is at that point that you should start to easily notice when that ax is in control and who they are. However, if you are new to a stock, there are a few tricks to finding them.

The Monthly Share Report for a stock will give you a lot of insight into finding the common ax on a stock. When viewing the share report, pay close attention to the top 5 spots (not counting the ECNs). ECNs should be ignored because they can be used by others to buy and sell shares and are usually retail and have little control over the stock.

It is important to note that ax is a slippery one. One MM could be an ax in the morning and another one in the afternoon. An ax can also use an ECN to hide most of their control over the trades.

Spotting the Ax Who is Selling
When the market is moving up nicely and a stock has a lot of new money coming into it, but it is hard even moving up. It seems to be meeting strong resistance at the same MM on the ask over and over. Then, when the stock turns negative, it quite easily falls. This is a strong sign that an ax is controling things from the ask side. This is very bearish for the stock.

You've all read and perhaps seen the harassment of message board self-styled "cybersleupps." An often praised and quoted stock market fraud investigator, is in the news again. Read carefully, especially the claims of apparently profiting from shorting and then publishing questionable research, as well as claims of unfounded harassment. Also consider the author's suggestions that the mainstream press, which praised this conman, has pretty much ignored these revelations and news. Then when you see the endless posts, often 24/7, often containing gossippy attacks and threats, claims of never being wrong, etc., make sure you do your own DD and don't take their overwhelming repetition, arse smooching and back slapping as undeniable truths.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Barry Minkow's New Scandal

A judge slams the purportedly redeemed con man with huge sanctions
By Beth Barrett
published: January 06, 2011
http://www.laweekly.com/2011-01-06/news/barry-minkow-s-new-scandal/

A Miami judge has ruled that Barry Minkow, the former ZZZZ Best carpet-cleaning con man–turned–Christian pastor, methodically worked to "deceive" the court, lying, destroying or discarding key evidence and concealing material witnesses — and in doing so forfeited his right to defend himself against libel and extortion accusations by home-building giant Lennar Corp.

Florida State Court Judge Gill Freeman on Dec. 27 abruptly granted Lennar's request for sanctions against Minkow, who now must pay attorney and investigative fees estimated in the millions of dollars.

The emerging scandal is expected to be the focus this year of a court hearing in which a judge will decide how much Minkow owes Lennar — a possibly ruinous price tag approaching hundreds of millions of dollars.

The default and "terminating sanctions" Freeman imposed against Minkow are "highly unusual" and limited to egregious cases, says John Nockleby, a professor of law and director of the civil justice program at Loyola Law School. "It's a big deal."

Lennar saw its stock plummet more than 20 percent — nearly $500 million — in the two trading days following the January 2009 release by Minkow of his Fraud Discovery Institute's report critical of Lennar.

Lennar general counsel Mark Sustana said this week, "We hope that the court's findings with regard to Mr. Minkow's dishonesty will protect other companies from having to expend substantial time, money and resources to fight Mr. Minkow's unfounded allegations."

If Freeman's ruling isn't overturned on appeal, the repercussions are significant, Nockleby says — "especially for someone like Minkow, who is trying to rehabilitate himself and put himself out there as a fraud investigator, someone who is teaching the feds how to investigate frauds."

Minkow, who served seven years in prison for operating a massive Ponzi scheme in the 1980s that defrauded investors out of as much as $100 million, has been warmly received by top media figures in recent years who embraced his postprison redemption story.

Painted as a reformed con who now investigates companies for fiscal fraud, he told 60 Minutes' Steve Kroft in a flattering interview in 2005 that he had no room for error in his tough-minded reports. "It's called one and done," Minkow said.

But last summer, Judge Freeman declared that Minkow has no credibility and "will lie, plain and simple."

After giving Minkow glowing coverage, the mainstream media have been silent about Minkow's latest downfall, ignoring the judge's Dec. 27 order, which L.A. Weekly posted online in its news blog, The Informer. The MarketWave blog posted a summary of the Weekly's story the next day.

The ruling is Minkow's first loss in court in connection with his fraud investigation outfit.

"That's a terrible place to be in if you're Minkow," Nockleby says. "If this is upheld, it's how much in damages you pay, not whether you pay."

In its Oct. 14 cover story, "Minkow 2.0," the Weekly described how Minkow shorted stocks in order to profit from companies that, soon after he invested in them, were the subject of critical reports issued by Minkow's fraud institute. Minkow shorted Lennar a month before his negative report on the company, then lied about it in an April 2009 deposition.

Judge Freeman declared, "Minkow's misconduct has been pervasive, intentional and committed to gain unfair advantage over plaintiffs and to deceive this court."

She added: "No remedy short of default, together with full reimbursement of the attorneys' fees and costs incurred in connection with [Lennar's] extensive and continuous efforts to obtain evidence and discovery, can restore plaintiff to the position it would have occupied in the absence of [Minkow's] willfulness and bad faith."

Minkow's attorney, Alvin E. Entin of Entin & Della Fera, said last week that he had not seen the order, and Minkow did not return calls seeking comment.

In the Weekly's October article, Minkow blamed his dubious conduct on health problems. Last August, he told the judge his negligence was due to working 18 hours a day on a movie about his life.

Lennar and its lead attorney, Daniel Petrocelli of O'Melveny & Myers, took on Minkow in 2009 after Minkow and FDI leveled serious accusations at the company and its top executive. The firm added Minkow's name to its ongoing libel and extortion lawsuit against Nicolas Marsch III, a San Diego developer who had hired Minkow to investigate Lennar.

Three other companies also sued Minkow over his invest-then-slam tactics, including Herbalife Ltd. and Usana Health Sciences, which both settled with him.

Herbalife's stock fell after Minkow correctly claimed that Herbalife president Gregory Probert had inflated his academic credentials. Minkow went further, though, claiming the company had violated laws on testing and labeling — accusations the company denied.

After Minkow called the firm a Ponzi scheme in a withering report in early 2009, Medifast, a diet-food company, filed a $270 million defamation lawsuit against Minkow. But Minkow's publicly issued report carried weight, and Medifast's shares tumbled 30 percent.

Months later, Minkow told the Weekly that he had invested in Medifast stock, betting its value would sink.

Reporters for the Wall Street Journal, 60 Minutes, Fox News and other news outlets have for years painted Minkow as a redeemed figure with an insider's understanding of fraud investigations.

Those same media outlets have failed to cover the Lennar case, which throws into extreme doubt Minkow's claims of a personal turnaround and raises profound questions in the public record about his credibility.

In the 1980s, Minkow was a brilliant young L.A. scammer who built an elaborate Ponzi scheme by lying to reporters, federal regulators and even Oprah Winfrey. He eventually duped investors out of as much as $100 million.

He was convicted in 1988, sentenced to 25 years in prison and ordered to repay his victims $26 million. At the time, it was one of the toughest punishments for a white-collar crime in U.S. history.

Among the documents Minkow recently hid, according to Judge Freeman, were those that showed the "perfunctory nature of Minkow's research and investigation before he accused Lennar and its executives of operating like a Ponzi scheme, giving its COO (Jonathan Jaffe) a disguised kickback, (and) being a financial crime in progress."

Minkow also concealed from the court key witnesses, such as private investigator Paul Palladino, who disagreed with the content of Minkow's January 2009 report on Lennar and objected to its release, the judge said.

Palladino told the Weekly in October that he found no evidence to prove wrongdoing in one of 10 "red flags" Minkow cited against Lennar, yet Minkow published his iffy accusations anyway.

In his deposition, Palladino says, "I was very upset, to put it mildly."

Minkow also withheld the fact that he stood to gain $1 million from his client, Marsch. The developer had hired Minkow as a corporate sleuth after filing a lawsuit against Lennar over the development of The Bridges, a luxury housing project in Rancho Santa Fe.

Lennar says it received a letter from Marsch in July 2008, threatening to air the home builder's "dirty little secrets" if Marsch didn't receive financial satisfaction. A San Diego court found no merit to Marsch's allegations that Lennar owed him money.

Nor did Minkow disclose the identity of Jeffrey Sachs, identified in court documents as his partner. The Weekly's cover story cited bankruptcy records showing that on May 8, 2009, developer Marsch transferred ownership of his opulent, $10 million home in Vail, Colo., to Minkow's company, DegreeFraud.com LLC, and Jeffrey Sachs.

Sachs is the person financing a pending movie about Minkow's storied redemption.

The judge said the prejudice to Lennar was made "irremediable" when Minkow jettisoned an older computer that might have contained relevant documents and e-mails.

Minkow even lied to the court and his own lawyers about going to an emergency room on Aug. 2, when he was supposed to be headed to court in Florida, the judge said. Instead of being hospitalized for nausea, anxiety, kidney stones, food poisoning and a migraine — as Minkow had claimed — the Weekly reported that he was holed up at the Ritz-Carlton in Marina del Rey. The next day, Minkow went to an anti-aging doctor in San Diego.

In Florida last week, the judge stated: "The court finds that Minkow's misconduct was willful, tactical, egregious and inexcusable, and that such misconduct has permeated the entirety of this litigation."

Reach the writer at bbarr223@yahoo.com.

http://www.laweekly.com/2011-01-06/news/barry-minkow-s-new-scandal/

Nice climb since mid november. This one seems to be a real Jewel.

Didja buy in??

Ain't got any magical wand. If i did have, and found a real Jewel, I would probably be too dang dumb to buy it!!

Good call! Where are you waving your magic wand next? ;)

ACTC is making some noise here...
Stem cell research for macular degeneration...

If you can find a true honest company please let me know!!

Just play them to flip, is the ONLY way.

a later post on mopn.


Careful with the MOPN too. HAd cool product, but had to borrow money just to make presentation and get in line after the gulf disaster.

Boom orders are esentially all cancelled. Actually affecting companies with orders from BP also. I was told by fellow from EPA that 4 big boom companies are in (BK) trouble after BP ordered and then cancelled order at time of delivery.

If true for big boys - where does this put MOPN?
Maybe why they expand to SAmerica and add sales staff to get rid of stock.

They fit into the catagory of - want to be real company - but market condiditons may keep that from happening.
Sell at peaks and get to free shares as fast as you can.

My company in that catagory is GETG. Bio - motor oil - cleaning prodcuts in Home Depot - Ace. EPA approved surface cleaning agent for gulf - non-toxic dispersant next. But marketing efforts seem unfocused, - market condiditons work against them etc. headwinds for everyone - bigger for startups.

interesting might be worth watching MOPN. this is a post that I saw on another board

"I agree that the majority are companies that rely on pumps to pay the rent. This one seems to be the poster child. You wake it up once or twice a year to raise rent money and then hope everyone forgets about it till you need it again.

I only started looking at pinks recently but it seems like the American dream has turned into the American scam. I put money into a couple and obviously am very jaded based on those experiences. I have only found one that I think may have potential out of hundreds that I have looked at. It was strange to be able to see an actual building and warehouse and sales associated with a pink. You call the business and you talk to a person instead of a service. The name of the company is Mop Environmental Solutions(MOPN)

CURRENT LABWIRE DD

Labwire stopped filing financial reports after filing Q1 of 2009 so now the company has gone dark and is listed at pinksheets as "no information".

As of the last filing...

Labwire had for some time been struggling to maintain it's current revenue of about $4 million annually.

Labwire initiated severe cost cutbacks to reduce over head.

On top of what Labwire owes Jon Ginder ($280,000) it also owes Frost Bank a lot of money.

LOAN AGREEMENT WITH FROST BANK FOR $300,000 DUE FEBRUARY 13, 2010
LOAN AGREEMENT WITH FROST BANK FOR $241,932 DUE MARCH 4, 2011

That's a cash liability of $821,432 Labwire owes. And it could be more since the filings are a year old.

Jon Ginder has filed suit against Labwire for nonpayment of it's $280,000 debt to him. This information should have been reported but was ommitted in the last filing.

According to the last filing Labwire converted shares for old debt of 2.2 million and 1.7 million shares. That's 3.9 million free trading shares (dilution) when they sell.

The company has tried and failed twice to uplist to the BB exchange.

It's accounting firm Moore & Assoc. has been charged with fraud by the SEC. As a result all financial reports for the company are tainted.

CEO Dexter Morris in 2006 used Labwire money to start another Company, K-9 Security, of which Morris and another corporate officer, Eric Linden, each own 50%. The office and dog kennels for K-9 are at Labwire home office and Labwire does all the office work and bookkeeping for a 5% fee. The Labwire cash advances to K-9 for startup were over $250,000 and there is no record that was ever paid back. There was an accounting change and that item stopped being reported. Why isn't K-9 Security a wholly owned subsidiary of Labwire as it should be?

The last new contract was Evergreen Aviation announced about two years ago. The company has had no PR's in a year.

The wife of CEO Dexter Morris has a long term serious illness causing Morris to neglect business to care for her.

Posted by: eliaman Date: Tuesday, June 08, 2010 10:59:17 PM
In reply to: None Post # of 16473

must listen to interview...LISTEN TO SECOND HOUR

http://www.winningstrategies.net/winning...

Houston, TX – June 3, 2010 – Tim Connolly's Winning Strategies www.winningstrategies.net will be joined by Don
Clark, a 25 year veteran of the FBI and former Special Agent in Charge of the Houston FBI Office and securities
fraud litigation specialist attorney Wes Christian, this Friday June 4th at 10:00 a.m. ET. to discuss cases involving
the international criminal elements conspiring in naked short selling throughout the world. The German
government’s ban of naked short selling has ignited international concerns of billions in shareholder losses and
the overall negative effects of naked shorting on the world economic recovery. Tim Connolly’s guests will discuss
specific cases of criminal conspiracy ranging from the USA to offshore money havens, through Russia and
beyond. Call in live and toll free with your questions at 800-336-2225, listen live at www.winningstrategies.net or
email during the show to talk@winningstrategies.net.

Creede...check out JSDA and lemme know whatcha think.

RRUFF too.

THANKY.

Yeah, I have heard of him before. Would like to see that special. Thanks for the headsup.

CNBC has a special on Athony Elgindy (Anthony@Pacific), who was probably the first and greatest of the SI gurus claiming to be shortselling with perfect record on his alleged scam calls, but what was his secret? It should be interesting to see how CNBC handles this subject, given that so many of the current self-styled "cyber sleupps" have patterned their existence from his "take no prisoners" attack style, often claiming to be "never wrong" and threatening anyone who challenges their claims, no matter how outlandish and moronic.

http://classic.cnbc.com/id/15840232?video=1432828139&play=1

The Mad Max of Wall Street

Wed 9 PM EST (and repeated after that-check local listings)

Airtime: Fri. Mar. 5 2010 | 12:00 AM ET

Anthony Elgindy claims to be a crusader, fighting fraud on Wall Street. But, this so-called good guy is running an insider trading scam…and his partner is a crooked FBI agent. American Greed profiles the story.

You got me on that one regarding the BK. It was filed, and just about to happen when Tops stepped in. Now I have no idea if it will just go away, or if it will continue.

Do you mean that the BK courts have not accepted jurisdiction over the company, Assets and Shares?? There is no BK??

In that case, just a buyout of the company by the LLC and presumably will install new BOD and management?? OK I understand, if that is the case.

If the LLC installs new management that will actually run things better then the shares will go up long run. Should also be a spike
in SP short term. Which is yet to happen.

Too much uncertainty. or what??

No, the BK has yet to be accepted, and now I don't think there is a need now that Tops has purchased the company. Heck no "Q" on the ticker at present.

Some of the best DD I have ever seen can be read on the thread. Check it out if you get the chance.

http://investorshub.advfn.com/boards/board.aspx?board_id=14463

Were shares cancelled by the BK court??

If not, it could be a very interesting play.

I note that the gaining company is an LLC. If they keep the losing company as a sub, it could become worth a lot of money.

Just wanted to drop some quick info here on PTFC. Very interesting BK play, imo.



Posted by: speckulater Date: Thursday, February 04, 2010 6:45:23 PM
In reply to: None Post # of 173

PTFC Timeline

Here is a timeline to help figure out what is going on here.

November 17 - PTFC stock price at $2.00 a share.

November 18 - Penn Traffic Files Chapter 11 Bankruptcy Protection:
http://finance.yahoo.com/news/Penn-Traffic-files-Chpt-11-apf-3384919037.html?x=0&.v=1

November 18 - PTFC tumbles to 0.10 a share:
http://finance.yahoo.com/echarts?s=PTFC.PK#chart1:symbol=ptfc.pk;range=6m;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

November 19 - Bay Harbour Management LLC Sells 1,788,457 shares @ 0.10
http://finance.yahoo.com/q/it?s=PTFC.PK

January 29 - Tops Completes Pen Traffic Deal:
http://buffalo.bizjournals.com/buffalo/stories/2010/01/25/daily57.html?ana=yfcpc


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46302826

re RAMO - the spread is unreal at about .0002 x .0008, so make sure to buy on the Bid as usual.

well at least I did make some money on GNVC, I will look at RAMO .thanks

Hey inspro. Don't have either of those.

You ever seen RAMO? I've had shares for a couple of years now that i picked up really cheap. All of a sudden they have started posting filings at pinksheets.

Probably means something is coming.

Of course, it could be a bad "something" for all I know, so be very careful.

EGAD , hope nobody but me is in GNVC slaughtered today

nice pop today hope someone besides me got into GNVC working on a 4 bagger .

GenVec will collaborate with Novartis AG (NVS) in developing treatments for hearing loss and balance disorders, saying it could receive as much as $213.6 million in upfront and milestone payments from the partnership. GenVec's shares jumped 20% to $2.08

Thanks inspro. Hope you have a great weekend.

roughly 106 ml shares outstanding, float 105 ml,only 4 percent owned by insiders

Hey inspro. Do you have the spread and the share count for GNVC?

gnvc upgraded by roth

gnvc hitting yearly new highs on good volume

Happy New Year to all.

Is that kinda a "rule of thumb" for all stocks with divy's, or just a guess for this one?