Thanks for your DD. It is informative. Yes, indeed, that B2B Portrait is by the CPI Co. in St. Louis, MO. Hope it brings better business and profits.

By the way, I went to CPI's Portrait Studio in Sears near my area over the weekend. I asked the receptionist how their business is doing. She said everything is normal. I know that is all she can say, but it was good to hear.

It looks like Cheapies are gathering here again. That is really too bad. Hope they disappear soon!!

I heard ENER was up huge from $0.2 to $1.4 or so. Is it down again?

This is an old news, but I missed those good old days:

COMPANY NEWS
COMPANY NEWS; AMERICAN SECURITIES CANCELS PLAN TO PURCHASE CPI
Published: October 13, 1999
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The CPI Corporation said yesterday that American Securities Capital Partners L.P. had canceled an agreement to buy it for $37 a share, a total of $367 million. CPI, a photography services company, which runs Sears Portrait Studios, said American Securities had cited a development that could adversely affect the merger. Last Thursday, CPI said its United States portrait-studio sales were lower in the early half of its third quarter in part because of the effects of Hurricane Floyd. CPI's board said its recent financial performance reflects ''ordinary course-of-business fluctuations.'' CPI said the failure of American Securities to close the transaction breaches the agreement and entitles CPI to damages. CPI's shares fell $4.625, to $20.375.

MAXM is a market maker. They are traditionally a non-retail marker maker, which means they don't work with small investors like you and me. They typically work with companies and large investors. They deal more in big board stocks.

Here's some more info about them:
http://maximgrp.com/capitalmarkets/

If you click on "market making list" on the left-hand side of that page, you'll see they don't even make a market for CPIC. That's one reason why I thought it was significant when they showed up on Level 2.

That's possible. Are there any bond holders? If there are, then it is not that much easy and simple.

The CFO also said that CPI was working on new credit arrangements with other friendly banks. From the conference call, I thought it was not that much difficult to have such arrangements, but it appears it is not.

I hope so. I keep adding the shares almost everyday since last December, but it is not easy to hold them. A big paper loss today!!

I wonder whether institutions know a BK news in advnce.

If you like, keep doing it. Who knows you may make some moneies. But, I don't see it.

Nah!! I am not interested in these worthless stocks.

Nah. I am not like you. I don't play with penny stocks. By the way, I am making pretty good money from CPY.

Are you pumping??? Get a life.

Thanks. Hope we can make some money from here. Are you still in CPY? I am still in.

SELL CONFIRMED. Is this true???

http://www.americanbulls.com/StockPage.asp?CompanyTicker=MOTR&MarketTicker=NASD&TYP=S

Nah!! No accumulation.

No one is scared with a stock that has a low PPS, not even a penny.

Accumulation??? I don't think so. It is so called, "fake." It won't explode.

Neah. It looks something is wrong with this stock. Don't touch it.

Nope!! It is not a BUY at all. It is a CHINA PHARMACEUTCL and is in the PK market. Don't touch this stock.

Good for you, but don't try to be smart!! You missed my points.

Wrong. I wonder you do know how to calculate it.

Or this could be a tactic by MMs for their accumulations since there are not too many retail traders. You can see it from the volume of Sell/Buy trades and the PPS movement.

That's why I have a doubt about your claim of "... spent $4xxK cash to buy CPY" now. Perhaps you did, then you maybe want to see the PPS down to your next support of 1.12, so that you may want to spend another $4xxK cash to buy CPY??? Who knows?! But, don't dream about your next support line of $1.12. It just won't happen. Godd luck with your trades.

Are you posting that same lousy article again? What is your point? Are you falling in love with that biased article by a Shortie??? I don't get it.

Frankly, the news from CPI this morning was better than what Shotrs were expecting, and, as CPI said in the news, the business is improving. IMO, we should see a green by the end of today.

Yeah. But, if we break through the 1.50 line, then we may see a green today. I wish I reserved some cash to crush this 1.50 line. Frankly, the news from CPI this morning was not bad.

NYSE ‘Threshold’ Securities for Jan. 12

http://www.bloomberg.com/news/2012-01-13/nyse-threshold-securities-for-jan-12-table-.html?cmpid=yhoo

What does that mean??? Does it mean that Shorts cannot deliver the shares, meaning they did "naked shorting"? Shorts could be in a big problem if there is good news from CPI (or conviction buying even if there is no good news). With small amount of outstanding shares, this can be squeezed by a few hundred percent in a matter of days. It is interesting to see.

I like your scale. :)

You can go with those Shorties if you believe in the article. You may make a few pennies. It is really up to you.

Pretty hard to say. It could be either $1.50 or $1.53. There were only 100 shares for $1.50, which was a MM's intentional tactic to scare weak hands over the night, so that MMs can accumulate (or cover) more shares tomorrow morning. To me, that is a MM’s desperate action to accumulate (or cover) shares, while supplies are diminishing. I feel a bottom is near and a few big guys may start to squeeze the shorties. Even if my guess is wrong, we should be okay. Don’t worry too much about technical stuffs, like a new low, a support, a resistance, etc. right now. Shorts know that they could be in danger, too, if PPS goes lower. Once there is positive news, there would be a gap up, and this PPS can be easily doubled up. And never look at back these low PPS. Patience is a key at this time.

Doubt that low, but I shall be ready to buy big for my accumulations. If MMs are playing a game, we should be playing a game accordingly. Either way is good.

It looks that MMs are playing with about 40K shares to move PPS up and down to shake the weak hands for thier accumulations, which is indicating that a bottom is near. I am ready to pick up big if PPS lowers a bit today.

Regarding his statement, "... take it to $.6+ then upgrade to dump...", he made a simple mistake of placing a period, and you misunderstood. I think he meant, "... take it to $6+ then upgrade to dump."

Yeap. I keep buying it in this range. Heck, I bought it when it was higher before X-Mas, and am not scared with this low PPS now. Hope our days are coming soon!!

I think we can hit around $1.85, and settle around $1.80.

No one knows, but, my guess is that, if CPI gets new (good) financial arrangements with the banks (those 5 to 6 financial institutions that CPI is working on now), the PPS could go over $4. Then, you could make a big pforit [and a bigger for me. (You know what I mean. :) )] Yet, your waiting PPS of $2.70 is still not bad though.

I don't think there are big sellers. Some MMs are only accumulating about 30K to 50K shares, and are selling their own shares, without making any profit (may be bout 0.6 penny), to shake the weak hands and lower the PPS. It is just a cycle. And/or some MMs are trading each other to lower the PPS. If big buyers start to get in, it is a matter of time to go back to a higher PPS. Unfortunately, we don't have big buyers yet. (Perhaps, big buyers are the ones doing this cycle to accumulate thier shares. Remember, we only have 6M shares outstanding, and more than 60% of them is being held by institutions.)

I also added at 1.82, 1.80 and 1.76 this morning. And I have placed an addition at 1.72. If it goes down further, I shall be ready for additions. We know that the Float is about 6M shares, and MMS are playing with weak hands.

Fidelity has corrected its mistake of "bankruptcy" alert.

https://fastquote.fidelity.com/webxpress/popup_frameset.phtml?SID_VALUE_ID=CPY

Hope there is a PR by CPI Corp. tomorrow morning, so that the PPS starts to go up.

I think that the third party, who provides information to Fidelity, might have made a mistake by mixing two bankrupt companies (PCA and Kiddie Kandids), which CPI Corp. purchased in 2007 and 2010, respectively. Once CPY clarifies this issue, the PPS would go higher, and we should be okay.