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TSTC - just sitting down and watching
CAML - L2 02/02/2010
BID
NITE 5000 0.08
JLEO 5000 0.04
ASK
NITE 5000 0.129
HDSN 5000 0.174
STXG 5000 0.2
DOMS 2500 0.55
LAFC 500 1.01
UBSS has gone from ask ...
Nice move, but don't expect reply.Who doesn't know talking , who knows keeps mouth shut.If there will be no reply , you cane make your own conclusion.
unfortunatly CAML tax losses flied away with new owner.
/* from shellstock review forum */
Following are some article on the subject:
======================================================
1.382-2T(a)(1) of the Income Tax Regulations.
"Section 382 of the tax code was created by Congress in 1986 to end what it considered an abuse of the tax system: companies sheltering their profits from taxation by acquiring shell companies whose only real value was the losses on their books. The firms would then use the acquired company's losses to offset their gains and avoid paying taxes."
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/09/AR2008110902155_pf.html
"Generally, an ownership change occurs when, within a span of 36 months (or, if shorter, the period beginning the day after the most recent ownership change), there is an increase in the stock ownership by one or more shareholders of more than 50 percentage points. For example, if Shareholder A owned 25 percent of Corporation X, and within a space of three years, acquired another 51 percent, there would be an ownership change, triggering section 382."
http://www.pmstax.com/acqbasic/sec382.shtml
Section 382
http://www.taxalmanac.org/index.php/Sec._382._Limitation_on_net_operating_loss_carryforwards_and_certain_built-in_losses_following_ownership_change
Guidance to corporations whose instruments are acquired by the Treasury Department
http://www.treasury.gov/initiatives/eesa/docs/Notice%202008-100.pdf
Paper on the subject:
http://bednarski.us/irsNotice2008-83-final.pdf
OK.Simple question for everybody.Are you willing to buy a brand new car ( 300mph etc... ) for lousy 8K $? Yes you are.But are you willing to pay some 30-80K$ year maintence for this beast? No you're not.It's simply to costly.But are you willing to sell this monster for 1 M $ or more ?Damn , I'm pretty sure that everybody including me is.So this is the basic point of CAML story for me.
IMHO.
Look guys.To get a pinky shell is not a difficult deal.Go to bank, take a loan of 20-30K$ , you buy it and then wait.But to buy fully reporting OTCBB shell is kinda another bussines.Just to keep it reporting it will cost you somewhere betwen 30-80K$ a YEAR.You got it ?Nevertheless JR bought CAML for lousy 8K $ but it will cost him 5-8x times in 1 ( one year ) more to keep it fully reporting.SO, JR is not a RM profesional but just man with a lot of experience in accounting and so on ...My assumption is that he surely won't spend half of his year salary on CAML, as it makes no sense.Here ought to be a plan,because here are so much coincidenes that one can't believe.He bought CAML ( one of the best shells available ) two months before AMPYIRA was finaly approved,his boss made whole deal with ELAN etc...Think about this.IMO
yep.in the first half of March.
CAML - L2 02/01/2010
BID
NITE 5000 0.09
JLEO 5000 0.04
ASK
NITE 5000 0.135
HDSN 5000 0.145
STXG 5000 0.2
DOMS 2500 0.55
UBSS 2500 1.0
TSTC - RSI below 30
Retiring shares after RM ? Maybe on very rare occasion but can't remember such case.
Pre market in green - it shouldn't be a bad day for ECSC too.
CAML - slowly but surely.From 3weeks ago from 0.025 to 0.08 and more.Not bad at all.
MM's don't have too much ( if any at all )shares in this case - thanks God !As I already stated in previous post only street shsd are invited on party to party all night long.IMO.
Markets will definitly rebound, in worst case at the start of March.US economy shows positive signs, the same for BRIC.February will be so-so, but in the March I believe situation will improved significatly.IMO.
Why is that so ? I suppose that boards are to sharing information and keeping everybody informed.Pumping or bashing is just a waste of time and lose of personal integrity.
I really don't see any specific indications that CBTE sucks as as pink scam.IMO if/when merger is done it'll be pretty good investment.What's your opinion ?
RINO in green again - shorts starts covering ?
what make you thinking that CBTE is scam ?really want to hear.
sitting zombie indeed.
RINO - we'll see what will hapen in AH trading
TSTC - yep shortpants guys hurry up and cover
CSGH - the only one who still resist in this sellof avalanche
some on firstrade
nice work man ! just keep on going ...
xxx it seems that you have L2 ? can you post it - thanks.
As from last 10K when shell was still owned by DW , there were 1236 street name shareholders what I believe should mean that MM has no shares at all.So no naked short games etc. so this game should be a fair play at it's best.
120K here.
Tradeable float is in fact some some 6M.While ago I tried to determine how this float is alocated betwen shareholders using Fibonacci method.I sorted out that there is appx some 800 shareholders with 10K or less , some 200 with 10-25K, and rest to 1236 guys who hold 25K and more.
CSGH - 1.61$ stands very solid in this slaughtery
DOW rebound 10,138.75
PUDA it might soon cross MA200 at 5.10$
there is a chance that we're out of jam.just a chance IMO.
sure.agree.Jizz, hope that JR know what's he's doing.Really hope.
CDSI Jizz, what those guys are waiting for ? BRIC on full throtle and they're still waiting ?Waiting what.Common let's sell this shell the time is absolutly right.Just do it.
CAML - 0.06 shaky hands ?
DOW ,NASDAQ, S&P everything in green, here we're sinking without mercy.
RINO - have no idea left why everybody hate this stock.Just down, down,down.
yes there are signs of rebound,it seems that this ridicoulus sell of is slowing down.
yep,i changed my mind,but will be back one day.
RINO - this is not market anymore, a slaughter house is better expression.RSI below 30.and this is a stock with average of some 1.5 mio shares a day in last 2 weeks.Jizz unreal.