Interesting turn around in those names.

It should be noted though that TSTC, YONG, GFRE, and EDS are still in the woodshed getting spanked.

Just an observation

-Dan

Your wish, is my command...

-Dan

Don't tease me like that!
When I think of AMY generating numbers like those... I start to hyperventilate

But it could very well happen

-Dan

I thought that too...
But in looking at the volume totals yesterday :
AMYZF: 257.5k
AMY.V: 268.3k

This implies that only 10.8k shares traded on the TSX. Could that be right?

I pulled of the trading history on both and put them side by side. Since early Jan I see 7 days where the volume is higher on the pinks than on the TSX: Jan 6,7,13, Feb 28, Mar 8,10,11.

So I guess the pinky vol may not close out onto the TSX vol.

... I could be wrong, I got my info from Yahoo...and had to take a long shower after visiting that place! (hahaha)

-Dan

I was only 50k of it today (AMYZF)

I was buying between .68 and .74 for several weeks now.

-Dan

Hi Timothy!

I'm done for now ... 250k shares.
So go ahead and get what you want, I won't jump your bid.

Hope you are doing well.
-Dan

PS: I still owe you a return phone call.... is now a good time?

Yes....I am

-Dan

CCCL - he has a better file photo..... and he is left handed.


(Just kidding..... maybe)


-Dan

I keep adding every time it goes below $1.25 ..... we may see that level in a few days. This stock could make it to double digits in 12-18 months.

Disclosure: still holding 200k ahresa at 96 cent avg.

-Dan

Hi tiesto !

I'm glad to see a familiar name here!

This sure is a long way from the CGS world... It will be refreshing to not have to constantly check for hit pieces, and track the short interest reports!!

-Dan

Pink... AMYZF

I'm using TDAmer ... they are still showing 172k.

Thanks
-Dan

Greetings All...

I have just completed my DD on this company... I liked the story, and the risk/reward potential is good. I'm in just a spec play.

While I wish I had come to this conclusion a few months ago when the stock was trading at $0.40 .... ahh well, I can not go back in time.

I have a strange question: I just purchased 50k shares, in 5 10k blocks, each filled at exactly $0.7485 (AMYZF.pk)
Why has the share count not budged off of 170k shares traded?

Thanks
-Dan

Bravo Sir

Best post on this board (or any other) in months !

-Dan

I think I got it right.... folks have been using that line for a while now.

From the urban dictionary:

"Bring the Rain"

- When you call a massive artillery or air strike to a specific target.

- Escalating one's response to situation with the aim of bringing it to a conclusion.



Good Stuff!
-Dan

Agreed ... they ARE the 800 pound gorilla in the room.


When Jacky and CCME (and the new PR firm) decide to "bring the rain"... it will be a shorty bloodbath.

-Dan

Note: I use 200mil NOI as a guess on 2012 NOI including some savings a merger might generate... and an 18 p/e based on the "low" side for FMCN.

I was told that they did...

If we are going to focus on the fundamentals of CCME this weekend... I wanted to toss out something that is a bit off topic from that, but close enough:

The possibility of a takeover offer for the company from say ..FMCN

Think about it: They could offer $25 a share...even including all future earn-out shares (54 million) that would be 1.35 billion in cash (or shares) ... they would then get an additional NOI stream of around 200 million ... which at a P/E of 18 would give them 3.6 Billion of additional value.

That would be a steal... hell at $34 a share they would still be doubling their investment.

-Just a thought of mine

It sounded more like a prayer to me than an opinion piece...

DT & Starr
Vs.
MW, Shitron, Herbie... and now Dick Pearson

I know where I am placing my bet.

-Dan

That is very true

I would be so sad for the shorts if the 10K, with a clean unqualified opinion from DT came out sometime next week... NOT

Since CCME/Jacky is the client... they could easily request that DT put as many folks as necessary on the engagement to get the report done ... not just on time... but early. The cost of the Audit would go up, but it would be worth it.

Remember: Last years audit was DT's first for CCME, and a ton of extra work has to be done for an initial engagement, thus the delay. Most of that work becomes part of the perm files that are carried forward from year to year... without need of additional work.

Top auditing firms are not just hired to do an extensive audit.. They are expected to meet their deadlines.

-Dan

Maybe some of us should go down there and give him some support in his time of need... We can meet him in the parking lot before his hearing and give him a "pat on the back" and some "words of encouragement"

-Dan

There is still the chance that all that volume in the $5 calls was just a lot of buying and selling back and forth by the shorts, and not just buys with quick conversions. This would explain the low open interest number too.... and explain why the pps did not budge when the MM has to hedge the calls.

Just a theory

-Dan

Who knows ... we might just get a present on Monday.

Dan

Can I be the one with the shotgun?

Too funny 1

-Dan

Then who had all these shares to convert?

Almost 10k contracts today, and another 7k+ over the last few days?... in just the $5 calls alone? Thats 1.7 million shares?

I am perplexed?

-Dan

???
Could anyone on this board really question what side I'm on ?

-Dan

I'm an options novice, but to me the real question seems to be:

Are the shorts buying all those $5 calls, or are they selling them?

Could they actually be doing both? Thus showing lots of volume but not increasing the open interest?

-Dan

K,

I thought Green and Bird still hold around 800k too ?

-Dan

The 8 mil includes Starr ... but I believe the 14 does also.

-D

A back of the envelope float estimate:

As per TF's post, let's assume the current total float is around 14 million

From the NASDAQ site we can see that Institutions hold 8 million AS OF 12/31/2010.
Though I have no way of confirming this: I will speculate that as of now those holdings have gone up to... say ... 9 million.
Toss in another 2 to 3 million shares being held by hard core retail longs, and you are not left with many "real" shares.
Though their are plenty of phantom shares out there that have been created by the short positions.

This is getting very interesting.

-Dan

The disaster will be greater than they can possibly imagine.

The company will be unleashing a sh#tstorm on the shorts of biblical proportions.

-Dan

I think that is the 1/31 amt. as per the nasdaq site

Trader
I will have to give you the nod here...and fall on my sword

I argued to you that they must have covered on those hihg vol days.
I was wrong... you were right


7.57M short, tons of put buying.
I'm at a loss for words. With so much money at stake... what will they do to protect such a huge position?

Marty would have to draw it with crayons in order for this guy to keep up....

-Dan

Good point.... but you have to sacrifice "something" to make it look good.

Saying that all 15 "accidentally" fell overboard in the middle of the night during a storm would be a stretch.

Who knows.... maybe after a few days of "interrogation" in the brig of one of the US frigates.... they may "escape" in one of the launches ... only to have several 5in rounds blow them to bits.

It could happen

That may not be the case...

They may do a HK IPO with the 7mil of earnout shares that they are getting this year (for the 2010 NOI target goal)

1) this puts some cash in the ownerships pocket, but they maintain control with no additional dilution (above the 7mil that was already in place)
2) gets them listed on HK, with an opportunity to hire GS or MS. (the only real way to "buy" good coverage)

Just an idea I heard from a passing bird.....

-Dan

Well, on the 3rd we traded 21mil shares, and when we got that steep afternoon drop (When brokerages started selling folks out) all those shares were purchased by "someone". Over the next two days another 28 mil traded. I really think we substituted the "Pros" for the "Putzes" in that time frame.

The last short report was for trades that cleared by 1/15 ... the next report for 1/31 will be very interesting to see, but the real proof will be the 2/15 report

-Dan

The Short dilemma:
Though I doubt their are many of them left, any of the "Professional" shorts that are still in the game (not the clueless retail shorts following the bandwagon) must be doing the math right now about the risk/reward of doing one last massive naked short attack.

What do we make/save on the options that expire today vs. what will it cost us to go deeper into Reg Sho?
Are their any stops we can trip?
With margin requirements up to 80% or 100%, can we get any margin call sales?
Etc…

Even if they take off their shoes and socks to allow their toes to assist in the counting… the numbers just won’t add up.

-Dan

Yes... Yes he did.

And as an ex-auditor, I can confirm that a limited forensic audit can be done in a very short period of time.
Often the most time consuming part is usually agreeing with the client about what the "Agreed upon procedures" will be. (Read: "what do you want us to do"?)

Once the procedures are agreed upon, an abbreviated "audit" program will be created, the specified field work performed, and the results reported (along with a summary of the procedures utilized). This would not interfere with DT's more comprehensive work.

Locking down the cash, and the taxes would make all other issues/questions irrelevant.

-Dan