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I also liked the guys from FINRA...they WANT and UNDERSTAND the need for small cap listings.
Very good webcast...thanks for the heads up and sharing.
I was happy to see that they had somebody there on behalf of the issuers. Seems like they are more concerned with the 10 or 12 usual suspects, like the one guy mentioned, and as a result innocent issuers are harmed. There needs to be some recourse for the issuers that LOOK suspect but aren't doing anything wrong.
Just listened to the archived webcast. Very interesting indeed.
yep...no problem...just get listed on the Berlin or the Frankfurt. Trade them over there. Just like US Companies are taking their operations to foreign countries...trading is going too.
Hmmm, interesting. Btw, hey Mikey...long time no talk.
This is gonna drive me nuts...curiosity...lol.
Yes, I am familiar with their website. Haven't been on it for a while because half the links never seem to work right or their info is not current. Other than that, it can be a somewhat useful tool.
Ok but this is talking about the ones that have failed to keep their filings current, etc.
Recently, I believe it was CDOI that got a dtc freeze. Brokers could SELL but would not allow buying on the stock. What caused that? Now, I'm hearing a rumor...RUMOR...that the same thing may happen on PKTX and I'm wondering why. Is there a common thread between these two stocks...
No, not talking about frontloaders. I'm talking about people and/or groups that take stock and/or cash as payment to do marketing of these companies. Many of them will just take the stock and/or cash and do nothing. Thieves in essence.
My question is...who causes more harm? The "promoters" that accept payment and actually get the companies story in front of people or the ones that just take payment and do nothing.
Says the youtube video has been removed
ok, from what I'm seeing, you guys cover pump and dumps and scams. When is somebody going to start covering the dump and dumps.
I'm talking about the stock promoters that just take stock and/or cash and don't do anything besides dump...
Who causes more harm "net effect"? The "pump" and dumpers or the "dump" and dumpers...?
Well I'm a basher at heart so maybe I will enjoy this one. Just wish I had more time to hang out.
I figured Janice Shell might have some kind of scoop on this dtc issue. I'm looking for a common string. Last one they froze tanked hard, for obvious reasons.
hearing rumors of dtc chill or freeze on this one. This will be the second one that I've seen. Anybody have any insight as to why? Is there a common denominator? Is it Scott? I'm just curious...
Oh good Lord....why am I not surprised 10M shares dump and dump king...lol
In re PKTX....anybody know anything
DTC Freeze - what is going on with these DTC Freezes. I heard a rumor that one is coming on this one and just saw one on another stock. Wondering why? Anybody have any insight?
Pump and dump. Last time I checked Scott Wilding was the king of dump and dumps. He completely bypasses the pump part and goes straight to the dump. Generally with MILLLLLLIONS of shares. LOL
Look out below
O.R.R...
Oh I "get it" the point was...it "could" be a good momo play. Stock won't get cancelled until the 25th IF the court approves their plan. So, if there's momo and chdn is short...why not TRADE it? I didn't say "invest" or fall in love with it. Just looked like a good trade and hey, guess what, it was. I made money while you watched. Nothing wrong with trading it on momo...
Oh that's right...these days, it's a freaking CRIME to make money isn't it...silly me
It is so obvious that CHDN is short. This could make for a very explosive situation if he continues to get SQUEEZED.
The original Plan for reorganization was filed on 11-19-10 DE # 339. That Plan included reference to the Assumption of Leases or Executory Contracts (Ashley)
On 12-3-10 JENNQ filed a Motion to Assume Leases or Executory Contracts DE # 362
On 12-17-10 JENNQ filed an Amended Plan DE # 384, 385, again referencing the Assumption...
On 12-22-10 Another Amended Plan DE # 399, 401, again, referencing the Assumption...
So, Ashley had THREE opportunities to see what the plan included and like I said, they included the Assumption AND they were aware of the Motion to Assume Leases...filed on 12-3.
Then, on 12-23-10, JENNQ filed another Motion to Assume Leases or Executory Contracts DE # 402 (not quite sure why they filed it again)
It wasn't until 1-4-11 that Ashley actually filed an objection and they objected to DE # 362, not the most recent one filed on 12-23 DE # 402
In my opinion, that just begs the question, why did Ashley wait so long to object and why are they just now objecting to the FIRST motion when there is a SECOND, more recent one, they should be objecting to. They were aware of JENNQ's intentions since 11-19-10....
Great job reading in between the lines. You are correct. Nothing is final until the COURT says so.
Oh yeah? I would say that there is PLENTY to speculate about sweetie. Just checked Pacer...
01/11/2011 426 Statement Of The Official Committee Of Unsecured Creditors In Support Of Debtors' Motion Pursuant To 11 U.S.C. § 365 For Approval Of The Assumption Of Executory Contracts With Licensor, Effective As Of The Effective Date Of A Plan Of Reorganization (related document(s) 362 ) filed by James S. Carr on behalf of Official Committee of Unsecured Creditors of Jennifer Convertibles, Inc.. with hearing to be held on 1/14/2011 at 02:30 PM at Courtroom 617 (ALG) (Carr, James) (Entered: 01/11/2011)
No one seems to have mentioned anything about the January 14th hearing where Ashley Furniture will object to terms of the plan...
SOURCE: https://ecf.nysb.uscourts.gov/doc1/126010212287
SEC Approves New Stock-by-Stock Circuit Breaker Rules
FOR IMMEDIATE RELEASE
2010-98
Washington, D.C., June 10, 2010 — The Securities and Exchange Commission today approved rules that will require the exchanges and FINRA to pause trading in certain individual stocks if the price moves 10 percent or more in a five-minute period. The rules, which were proposed by the national securities exchanges and FINRA and published for public comment, come in response to the market disruption of May 6.
As of right now, they are only extending this "new rule" to S&P 500 but may consider extending it to other exchanges in the future.
Now, think about that with regard to otc's....on a subpenny, that could be ONE trade...lol. Sounds deadly for daytrading.
http://www*sec*gov/news/press/2010/2010-98.htm
I will...lol. I left him a message and I'm quite sure as soon as "she" leaves him alone for a few minutes I'll hear back from him. I understand she's not a real big fan of mine, can't imagine why. So, probably not wise for him to call me when "she's" around...lol
are you kidding...this is HUGE, HUUUUGE...lol This is like THE most recent technology in the excavation field.
No see, they launch a cannon ball at it, blow up a section, go out there with the little hand sifters and harvest the gold, repeat.
Nah, I'm just teasing you. In spite of my mother's dilligent efforts to turn me into the "perfect lady" there's still a lot of tomboy in me. Believe it or not, I actually understood your post.
Wow, I bet that was challenging..lol.
Ahh he's good. He's engaged (this week) wasn't last week and was the week before...lol. He's still Benny the neck, guess that will never change.
Gina is all grown up now and she turned out to be quite the young lady. Love her dearly. She keeps trying to get me to come down there and run the "fiance" off. lol.
It's been interesting. Sprint was kind of hanging around on the sidelines waiting for me to get rid of my most recent boy toy. So about the time we finally break up, Sprint gets engaged to some woman. In the meantime, he's telling poor Gina that he's still in love with me but he get engaged to this other woman and Gina is walking around scratching her head thinking the whole world has gone insane. lol.
LOL, somebody asked me one time what kind of DD I do on a company before I post that it might be a good trade. I laughed and said I look at L2, volume and find out who's promoting it. Half the time I don't even know the name of the company much less what they do.
umm, gdog...I'm a girl. Can you translate all that into girlish for me? LOL
Hey you....how the heck are you? Tried to hunt Sprint down and drag him in here. Stopped by and took a stroll down memory lane with Lance..lol. I think we need to make some new memories. Lance tells me the "Lance Dictionary" is now published in 27 different languages..roflmao.
So how are ya? What's new with you?
gdog !!!! hello stranger. Yeah, it has been a while. I always say I'm going to come back and stay back but then I get distracted with other things and go m.i.a again....lol.
Like your pic. My brother just bought a Jeep that he's "pimping" lol and he wants me to buy it from him when he's done. His is white...told him he would have to paint pink flowers on it before I buy it. lol. Lots of Jeep clubs around here though so it might be fun.
What's new with you?
Well poop, tried to find Sprint...left him a message. His presence is requested on the ROLL.
I'm doing good. I've lost a lot of weight, got my sexy back. Still suck at trading but only because I forget I own the sh1t and find it in some obscure account a year later and of course by then my toilet paper is worth more than the stock..lol.
Yeah, and I still turn purple...lol. That was without a doubt one of my dumbest ever blonde moments..roflmao
I think you created your own little language didn't you...we need to name it.
Yeah, I still scratch my head once in a while on some of the stuff you come up with. I just can't say much anymore since the "edit room" episode...roflmao
Churakkkkkk, hi honey. How are you? I bet you've missed my lessons in proper etiquette haven't you?
Sweet...I've lost a good bit of weight too. Congrats to you!!! So, does that mean I can throw my Lance Dictionary away now? lol
Wow, looks like you've gotten much better at typing with your feet. I'm impressed. lol