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prospector, just curious about something...
Your post 27722 on 1-21 is in response to Janet's post# 27721 about MSEP.
It seems that MSEP has had a very nice rise since Christmas. Is there something in your post about criminal activity that you are relating to MSEP?
Again, I don't know either way myself. I'm just curious.
Thanks,
Bo
NWAU is one to consider or radar.
I've watched it rise slow but sure from the high .30's to now at $1.05 over the past month. Sweet Pr's and high profile publicity at Barrett-Jackson this coming weekend.
'Watching' it hasn't made me a dime on this. lol I know some on other board have been on board for much of their run.
Bo
will...definitely nice for anyone in IWWH today.
Joy...SWME: Instead of a steady swim upstream like it was doing last week, it's now playing beach volleyball and I'm losing lol.
I decided to stand on the sidelines at .325 and hop early in MUCL just after their pr release which I'm glad I did. Their news today was good and shows how their work is unique and non controversial in stem cell reseach.
AMEP popped and dropped which was my fear. They were a tick or 2 away from me hitting the buy button, but the run was snuffed out.
Bo
i_like_bb...This is only the 2nd MUCL pr in 6 weeks.
If you meant the price moved fast after today's news, then you'd be correct.
Bo
Mach...archived Pozn. They were the defendant
in Class Action Lawsuits last year.
One to watch for resolution of the suit and progress with the Euro patent.
No money in it.
AMEP however moved beyond the pop stage and is starting to run.
Bo
Good Tuesday Mach. They traded mid teens last year.
As high as 18 at one point. I'm not sure what took it down in June. They are affiliated with GSK which is impressive.
The new Ameritrade is awesome but they took away the news archives. I do have an archive source but right now I'm running 5 screens and just lazy to go to it or open a 6th..lol.
I don't know why POZN fell in June. If it was because of a delay in the Euro patent...then today's news is certainly one that could make this stock a mid term hold. After this post, I'll try to get last June's news.
I'm looking at AMEP. News about 15 minutes ago. A quick glance isn't telling me whether this is a good oil output report or less than the market expected. Now at .0094 and did a little pop from .0088 on the news. I'm wary it might be a pop and drop, but could run some if volume picks up.
Bo
POZN news.
A little bit higher priced play than we normally discuss ($7.10), but their news about 5 minutes ago securing the European patent for treating migranes might make this a 10-20% runner this afternoon. It's getting nice volume since the news.
Bo
_________________________________________________________________
European Patent Issued to POZEN for Treatment of Migraine
Tuesday January 25, 12:07 pm ET
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Jan. 25, 2005--POZEN Inc. (NASDAQ: POZN - News) announced today the issuance of European Patent No. 0957914 (Formulation of 5-HT Agonists) covering its MT 400(TM) technology. MT 400 technology refers to POZEN's proprietary combinations of a triptan (5-HT agonists) and a non-steroidal anti-inflammatory drug (NSAID) for use in the acute treatment of migraine. The European patent designates 18 countries in Europe and is in addition to similar patents issued to POZEN in the United States and Australia. Equivalent patent applications are pending in Canada and Japan.
POZEN is collaborating with GlaxoSmithKline (GSK) in the development of Trexima(TM) for the U.S. market. Trexima is the proposed brand name for a single tablet containing sumatriptan succinate, a 5-HT 1B/1D agonist, and naproxen sodium, an NSAID.
POZEN is a pharmaceutical company committed to developing therapeutic advancements for diseases with unmet medical needs where it can improve efficacy, safety, and/or patient convenience. Since its inception, POZEN has focused its efforts primarily on the development of pharmaceutical products for the treatment of migraine. POZEN is also exploring the development of product candidates in other pain-related therapeutic areas. POZEN has development and commercial alliances with GlaxoSmithKline, Xcel Pharmaceuticals, and Nycomed. The company's common stock is traded on The Nasdaq Stock Market under the symbol "POZN". For detailed company information, including copies of this and other press releases, see POZEN's website: www.pozen.com.
Ok DGTL..lol. GTG for now but will turn on
the TDEM stock picker (inside cmkx humor) this afternoon and see what's out there. : )
I see where PLKC and BLYC are moving on no news days. For everyone who is in them I hope they run more, I just have the dials on the 'TDEM stock picker' set for emotional news, reasonable or low floats, solid business development (companies actually running a business and not just issuing pr's & manning a stock printing press machine). Any or all of the above apply. It doesn't matter the price, .0001 and up are all fair game. For this year...so far so good. : ) Last year speculating beyond those three traits burned me more often than not.
A good example this week is GTEL. My word, they had news aligning themselves with NASA. That is flat out huge. Well their o/s is in the hundreds of millions and they didn't budge and actually slid back since the news. I was watching them because the news was certainly emotional (NASA is a good buzz word for any emerging company) and obviously their business seems strong. The high float killed any immediate price movement. I'm not saying they won't rise this year, but the o/s is what kept them from being a strong play this week. Last year I would have jumped on board quick. This year I'm trying to filter plays better before hitting the buy button.
Bo
So far, a quiet day in the stock picking garden.
IDVL was a no news flasher that is already retreating, so mainly those trading momentum plays may be already in and out of this one.
Sold at broke even on AWBI (whew!..thought an .0003 sell wasn't going to be seen for awhile.) I made the mistake in buying into volume based on no news and a high o/s. The only time that has happened this year or will again for me. Now watch it run to .002 next week...lol.
KNOH is ripe guys. It was a tough fill yesterday. : ) 8 million o/s. George needs only to start appearing on ads, home shopping network spots, etc and this low floater could fly.
Patiently waiting on BHSR buyout update.
Bo
KNOH now. George Foreman. o/s 8 million
Only public 5 days after recent merger. George Foreman's cleaning products in 7000 stores since August. From 12-28 pr, GF automotive cleaning products coming this summer.
Low floater all. Volume just now starting.
Bo
_________________________________________________________________
1-18 pr
Knockout Holdings, Inc., Marketer of George Foreman's Knock-Out Cleaners, Completes $8.0 Million Financing
1/18/2005 3:10:00 PM
NORTHLAKE, Ill., Jan 18, 2005 (BUSINESS WIRE) -- Knockout Holdings, Inc., ( KNOH ), developer and exclusive marketer of George Foreman's Knock-Out(R) line of non-toxic, environmentally friendly cleaners and disinfectant, today announced that it has completed $8.0 million in financings in connection with the Dec. 28, 2004, merger with The Knockout Group, Inc.
The company raised approximately $5.5 million through an offering of Units consisting of Series B Preferred Stock and Common Stock Purchase Warrants, which closed Jan. 17, 2005. The Units were sold to investors at a price of $46.89 per Unit. Each share of Series B Preferred Stock is convertible into approximately 160 shares of the company's common stock. For each share of Series B Preferred Stock purchased, investors received 16 Common Stock Purchase Warrants with an exercise price of $2.25.
In December 2004, The Knockout Group, Inc. raised approximately $2.5 million in a convertible preferred stock offering. The investors in the prior financing of The Knockout Group, Inc. will receive Common Stock Purchase Warrants on the same terms as investors in Knockout Holdings' Series B Preferred Stock.
"The successful completion of these two offerings of preferred shares and warrants has provided the capital required for us to formally launch our line of George Foreman's Knock-Out(R) household cleaners and disinfectant," said John Bellamy, chairman and chief executive officer of Knockout Holdings.
The company pre-launched its George Foreman's Knock-Out(R) household cleaners and disinfectant line in August 2004. It already has product placements in more than 7,000 stores, including Albertson's, Duckwall, Publix, Target, Walgreen's and the military exchanges.
You have to like a head coach that wears a hoody (sp)
on the sidline. All these coaches in the absolute latest styles of team apparel head to toe, and on the NE sideline you have this football genius who dresses like he may or may not have worked out before the game in the clothes he's wearing. Too cool. : )
And you've gotta love Cowher when he gets into the game. When that jaw is flaring and he is pumping his team up, you think this guy might suit up himself and play linebacker for a series. The players love it. Great family man too. He has no endorsements. He is all about his 3 daughters away from football.
Later guys. Great to check in! : )
Bo
Hey diamond, I agree with you that manipulation
could be a part of this. As I've seen this type of trading market evolve over the last 1 1/2 years, if you were to have me bet whether MM's will be revealed and taken to jail, my guess is respectfully no. Such manipulation would have to be done by compliance from more than 1 government agency. Having the govt police or investigate themselvf is obviously a joke.
My .02 on the only way to 'bust' the MM's is for CMKX to follow the example of TLTD. On 1-6 TLTD said "here is our confirmed outstanding shares total". Then they unleashed with value based pr's.
Litigation certainly hasn't proven fruitful over the past years and whatever litigation is out there is still grinding on. If their story is good, CMKX may want to follow the lead of TLTD. If their story isn't good they will probably do what they are doing.
I just didn't want you going "all in" on the posted phone conversation because of what I saw with SSWH and IBZT last year. Your decision is certainly your own, I was just filling in some background info in case your were considering buying more based on that post.
20-16 Steelers. I'll root my face off, but if NE wins it's still cool in my book.
Bo
m-ojo, they are doing the right things.
Logistics and distribution seem in place which is a strong sign to me.
Our culture is very trendy, and certainly goes bonkers for what works. The Toronto Star Article (1-4 pr) and the quick entry since into the US market lays important groundwork in a big market.
Bo
Jump Joy, I'll catch you.
From what we both said about SWME before, it seemed like it was getting way oversold at .40. It's moving as we speak. : )
Thanks for the re-welcome. Life + work have kept me only scanning at best. I did go from .155 to .325 on TLTD yesterday...woohoo Bought it and had to leave. When I came back, wow.
Still in BHSR. Waiting news like everyone who is still holding.
Bo :)
ski...they will need luck and much more this
weekend. PATS in the post-season are awesome to watch. Pittsburgh's defense is tops. Neither they or NE gave up a touchdown last week. Both have strong backs.
It will be a rugby scrum and car wreck for sure. Ben wasn't making excuses, but I could tell by the way he was throwing he was hurt. No zip and altered motion clued me. Whispers are that he indeed was banged up. He's such a stand up guy, he is a 'no excuses' type of player. Must be something about the MAC. Leftwich is the toughest QB I have ever seen. (Leftwich played hurt in a couple of games this year and did great. In college he broke his leg in the 1st quarter and played the rest of the game with 2 linemen carrying him to every huddle).
Big Ben's of the same mold.
NE is amazing with their awesome piece-meal secondary.
ski and diamond, I'm only saying this because I like you guys. Be careful ok? Joy is 100% right in saying Andy has said nothing wrong. Personally what was said has been the same for the last 2 1/2 years. But don't hold your breath. Without getting personal, the source of the call told many lies and spead falsehoods pumping SSWH last spring which never came true (there may be some still here that remember) and you see where SSWH is right now.
I'll say no more.
What concerns me is this guys.. Recently we have seen a stock GENM...(not to be confused with GEMM) that announced retirement of 1/2 of their O/S and the price moved accordingly and actually more than doubled. Well, when CMKX confirmed the 75 billion was being retired the market reacted like it was taking a grain of sand out of a bucket. Yes it is a pink and we don't know the O/S, but the 3 dividend paid gave us a strong indication of the O/S. They didn't freaking budge after retiring 75 billion shares!!! There are many reporting companies b/w .0001-.0003 so reporting in itself will not raise the price. Good share structure and even more so, value will be the only thing to lift this elephant off the ground.
Bo
Joy, SWME is calling us.
Let's go for a swme. : )
I just jumped in. The water's nice and warm.
Down .06 after the Rite Aid news. I'm taking a dip. You comin' in or going to stand at the end of the dock?
I'm watching the NEOM/MOBL pattern channel trading again..lol.
They are like a mini-Microsoft or mini-WalMart how the market re-cycles the prices on NEOM and MOBL.
MSFT trades from 25.00 to 29.50 back to 25 again.
WMT trades from 50ish to 58/60 back to 50ish again.
NEOM and especially MOBL seem to channel in similar ways. It seems like they are on their 'upswing'. I'm just watching and learning. Not in either now.
Bo
Exactly DVD...TLTD is on fire as we speak.
Confirming the O/S and now revealing their value should be a textbook case for all pinks to follow that have a good share structure.
Prospector & DVD, excellent call on TLTD.
Nice entry Billy and zent. The gap up and beyond on this should be great.
Very sweet find guys. Value, potential and low o/s. Revenue projections higher than SPEA and it's held firm over 8 bucks.
Bo
A quick hi. Joy we have to be kicking ourselves
for not doing what we said we were going to do on SWME.
I haven't been around or on much this week, but just peeked at it again now and almost fell off my chair. I was going to put a couple grand in b/w .30 and .35 and never did. grrrrrr : )
We called it, we just didn't play it.
.46 and moving.
Later all,
Bo
QBID news
Anyone know anything about FCAH?
Not much info at all on my broker's sight. Since I signed on 20 minutes ago, it's moved from .001 to .0018 (up .0015! on the day). It's rocketed from it's yesterday's close of .0003.
Bo
Hi all. MLON news about 1 minute ago.
Hit the wires, not sure what brokers have it yet.
It just says Pino will be doing a Greenbaron webcast.
Bo
thanks dave...
One day at a time at this point.
BHSR, tonight's pr is as clear as they get. The great thing is that not only your question, but all questions will be answered soon. Tonight's pr was with consent of both companies. Fortune 1000 Group obviously sees them as a potential synergistic match.
Nite all,
Bo
Good Tuesday evening everyone!
Your posts, prayers, pm's and thoughts mean a lot. I wish I could do more than say thank you, but thank you!!
Keeping it short, she fractured her lumbar vertebrae and surgery is being contemplated. Many factors beyond this, so the next 2 days will reveal what course to take. She resting comfortably now which is good.
It's been a difficult two days, but now I know why my strength has been there to do 1001 things to make her comfortable and stay a step ahead to keep things progressing. Your prayers and thoughts get the credit.
Haven't been around to be on or scan at all until signing on just now. I see where QBID is getting incredible publicity. Letterman, plus the USA today ads..wow! No crystal ball here, but if their ad campaign and recognition continues, don't be surprised if Letterman or Leno pick up on them again. Last year, I knew it was a great short term play but had doubts about them given their past. It seems the culture and timing are right this time. Right now with their already on-air programming, they are masterfully putting themselves in the position to get a fast-track huge break or at least growing recognition and acceptance. Certainly one to watch or take a shot at if you chose. I won't be around much tomorrow or likely the rest of this week until her condition and treatment is settled, but the current levels certainly look good.
BHSR news about an hour ago. : )
Feels good just to have a break to come on.
My best to you all!
Thank you,
Bo
Out today all.
Had early appts and got back. Just got off the phone and my mom is telling me she took a fall yesterday. Reading b/w the lines it doesn't sound good. Why do parents of the generation >65 not want to tell their family when they need help? I guess they don't want their own to worry.
Anyways, off here and the could be a long day or days. She has aged 10-15 years since my dad's passing 2 years ago. They were inseparable.
I'm sorry to vent. Keep the sharp eye out for plays and the SHO effect.
In BHSR and ALMI so root them on while I'm gone, but right now I just need a prayer or two. : )
Bo
Big_In, below is the best explanation on the
subject I have seen to date.
This adds an important facet to daily investing, however I am going to monitor it closely. There are reasons I am cautiously optimistic rather than head-over-heels optimistic. Seeing what happens over the next week or 2 will give us a GREAT perspective as to how to use this new tool.
Make no mistake, because this list encompasses the entire market (big board plays to penny stocks), this does have the potential to be a watershed day in US market history. It's to be seen, but absolutely important to track.
Below is the article well worth reading twice.
Be well, Bo
______________________________________________________________
By Carol S. Remond
A Dow Jones Newswires Column
NEW YORK -- U.S. stock exchanges will begin publishing so-called threshold lists Friday evening as part of a broad effort by securities regulators to curb failures to deliver stock on settlement date.
Under a new Securities and Exchange Commission regulation known as Reg SHO, all exchanges have to make public daily lists of securities with large amounts of failure to deliver. Reg SHO went into effect on Monday.
These lists will be closely watched by market participants because once a security gets on one, it will become harder and more expensive to sell short the stock and that will likely translate in a higher trading price.
Friday evening's lists will be the first clear indication of the potential impact of Reg SHO on the market, especially when it comes to the stock of thinly traded and more heavily shorted small-cap companies.
Representatives for the New York Stock Exchange, the American Stock Exchange, the Nasdaq Stock Exchange, Archipelago and the Chicago Stock Exchange say that the exchanges are ready and will publish their respective lists on their Web sites sometime between market close and midnight.
The web addresses for the lists are as follows:
-NYSE: http://www.nyse.com/threshold
-AMEX: http://amex.com/amextrader
-ARCA: http://www.tradearca.com/traders/regsho_th.asp
-Chicago: http://www.chx.com
A Nasdaq spokeswoman wasn't immediately able to provide a working web address.
Nasdaq's threshold list is the one that is the most anticipated by traders and investors since it is likely to include the largest number of securities. Nasdaq's list will include securities trading on its national market, small-cap market and on the Over-The-Counter market. The Nasdaq list will also include securities trading on the Pink Sheets that under SEC rules are "reporting companies." Non-reporting Pink Sheets companies are not covered by Reg SHO. But NASD is working on a SHO-like rule that would cover non-reporting companies trading on the Pink Sheets.
According to a Nasdaq spokeswoman there are about 1,300 reporting Pink Sheets companies. But only 235 of those, for which the exchange has current information on shares outstanding, are currently subject to Reg SHO threshold requirements. There are about 3,500 securities trading on Nasdaq's national and small-cap markets.
John Bosey, a lawyer for the Boston Stock Exchange, said the exchange will comply with the SEC regulation but he wasn't sure whether the exchange would publish a threshold list by midnight.
A spokesman for the Chicago Exchange wasn't immediately able to say whether the exchange would publish a list or where it would be located. A spokesperson for the National Stock Exchange, formerly the Cincinnati Stock Exchange, said the exchange is not required to publish a threshold list because it has no original listing.
In a short sale, a security not owned by the seller is sold in anticipation of a decrease in the stock price. Under existing NASD and NYSE rules, firms generally have to locate securities before accepting a short sale, a process known as affirmative determination. Brokerage firms also have to borrow a security or be able to provide it for delivery on demand on settlement date, three days after the transaction. If a firm cannot deliver the securities by settlement, a failed trade is entered into the Continuous Net Settlement (CNS), a system administered by the National Securities Clearing Corp., or NSCC.
Reg SHO, among other things, aims to have these failed trades settled, mostly by clearly identifying securities with a high threshold of failed deliveries. Under Reg SHO, threshold securities are defined by two criteria: There are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days and these fails constitute 0.5% or more of outstanding shares. Under Reg SHO, brokers who fail to deliver a security for 13 consecutive settlement days will have to execute mandatory buy-in to clean the fails. If the broker cannot buy-in the security, it and its clients will be restricted from further selling short the security without a "pre-borrow agreement."
(Carol S. Remond is an award-winning columnist and one of four who write the "In The Money" feature. Most recently, she shared a 2003 Best of Business Award from the Society of Business Editors and Writers for her role in Dow Jones' team coverage of the Canary Capital mutual fund trading scandal.)
-By Carol S. Remond; Dow Jones Newswires; 201-938-2074; carol.remond@dowjones.com
Hey zent, if they didn't have a financial
interest in trading then I would agree with you 100%. However, MM's are allowed to have their own resources invested long or short in stocks. They are the only ones allowed to short pinksheet stocks. We as the public cannot.
For me, the day and and day out osmosis of seeing this leads me to this conclusion on CERTAIN PLAYS, not all. In my job, I have to compare what is usual to what is not. When it's not I have to investigate why this is so. I use this trait in looking at stocks and trading.
LENF is an example. News hit this morning. Strong news. Why did it stutter (with high volume), drop (again with good volume), then suddenly well after the news was out begin to run and the B/A change after basically every trade?
EYDY was like that yesterday. I'm not saying there would have been record volume yesterday, but there cetainly was interest in the stock. MM's painted the B/A at such a wide and weird spread someone trying to buy into it 30 minutes after the news hit would have no clue what to enter at, so it froze. Today it was trading over 75% from when I first saw it yesterday at .20.
In both these cases, I saw great opportunity but like your riddle the stock dropped and the B/A were being frozen and reversed. LENF then turned around and rose to 40-50% levels today and ENDY up to 75% above yesterday's pre-news levels. Unlike what you posted, I didn't have a crystal ball telling me this. I just have been watching this market enough to see what is normal versus not normal. Not every stock that drops on news do I feel this way. Certain characterstics have to be there (low o/s, high emotion news, heavy steady buy volume at the ask). When those are in place and the B/A don't move higher or actually move backward, then that triggers the question.
If a stock has a high o/s, little impact news and not much interest there is little surprise if it doesn't rise much or if at all.
This is my opinion, but again for the most part when MM's are trading their own resources, their best control and surest way to make money is by shorting them. When there is strong news, they either have to cover quick and get out of the way, or chose to stall trading to accumulate shares setting up a run.
Is it an exact prediction when this is occurring? Of course not. But above are just 2 of many examples where I will call it out because what I'm seeing isn't a normal pattern of what the market expects. It seems when the characteristics I mention are in place, this accumulation stage followed by a run is seen quite often.
When you see stocks take off on news with each trade taking the B/A and Last higher, then turn around and see EYDY and LENF, you have to stop and analyize what is going on. BHSR got a heck of a lot of interest and volume with a low o/s and no movement in the B/A. If it were allowed to move up, I think people will buy and hold even if it runs over .30 pending further buyout news.
My .02 to answer your riddle. : )
Bo
Here's hoping for more to come on this one Mach.
Out, and have a good weekend!!!
Bo : )
BHSR filing 1-7-05. Full of info.
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=3187609&doc=1&total=&back=2&....
Name change approved by the block of people making up the majority shareholders.
To note, the total owned by these people are 28,620,000 shares, meaning there is about 12 million o/s (excluding the 10,000,000 restricted shares issued in November) on the market aside from what these people own.
If there is a name change to confirm ownership prior to an upcoming buyout, I doubt these majority holders were selling much if at all today at these levels. If what is in today's pr is developing with this filing and they know it, they will hold and benefit the most from the buyout. This filing will serve to confirm ownership of 100% of the real shares.
Staying tuned to this one.
Bo
Wanna see one fun to watch for the rest of the day?
UBDF.
Big news mentioned in the same pr with other large defense firms. Ultra low float. Bid and ask are high and all over the place on few shares traded. It's like they don't know what to do with it yet..lol. It may have been a mistaken trade.
I have to leave for a bit. I don't have anything in it, but this reminds me of EYDY yesterday when they stuck a big old Ask up early and weren't moving until the price moved up to it.
Like I say, it will be more fun to watch than anything.
BFN,
Bo : )
LENF that I mentioned this morning is stroking out.
I saw it the second it came up on the newswire and thought it would rocket. They held it back and even dropped the price back. That's the only reason I didn't call it. I smell someone of importance behind the scenes wanted to get in at a certain price and was accomodated. It's just fishy when suddenly and unexpectedly it decides to rise at every tick. lol
8.25 at last look, up 2.55! Thirty minutes or longer after the this morning's news it fell from 6.14 down to almost where it closed yesterday.
I had the limit set at 6.06 and the finger was on the button, but it kept falling. Not a dime in it.
Learning everyday. : )
They decide what stocks live or die.
Bo
make_me, the news doesn't get more crystal clear.
Fortune 1000 Group is the name of an actual company that has been in business 20 years and a leader in its field of systems for commercial banking and accounting in Quebec.
Some reading the pr quickly might have mistaken this in thinking the buyout company was some unknown Fortune 1000 company but not named, kind of like we are used to seeing with MLON or other companies pr'ing a buyout from a mystery company.
Fortune 1000 Group, http://www.groupefortune1000.com/depart.asp?language=EN&p1=start&p2=Accueil
To name a company and price in a pr is priceless.
Further, we all are aware how strict Canada's laws are on pr's.
Good luck. : )
Bo
Mach, it's only 300 mil.
Per the 10QSB.
Also, "There are 40,909,392 shares of common stock issued and outstanding as of November 15, 2004."
I was looking at the weighted average accounting figures, and the above statement was placed even before the index of the 10Q. Still very nice. I had estimated 32 million in a previous post.
Finally, the 10 million of shares they issued to purchase DM2 are RESTRICTED SHARES. From the 10QSB:
"At Closing, the Company will tender 10,000,000 shares of its restricted common stock and cash in the amount of $1,000,000 in the form of a promissory note, the terms of which shall be mutually agreed upon prior to Closing. Closing is scheduled to occur on or about December 1, 2004."
Volume churning > 4 million now.
Bo
Mach, agree. After seeing a clean EDGAR
today, I simply see it as a good play that soon may become great. Everything I base this on is on fundementals and market impact of the news.
Again, seeing non-big board trading now for over a year and particularly watching them this past month, they are trying to scare to get shares. With that news and the very high volume, they could have easily have this above .60 if they let it run. There is always a reason they don't let it run right away. When it is a penny play with a pantload-tillion of shares, it is likely because of dilution. But a low floater like this it's clear they are just trying to scare shares out of this morning's investors. They play on the fear that new investors will get jittery seeing the frozen price.
The low o/s and news is on our side in my opinion.
Bo
EYDY from yesterday, now .37 (.33/.38)
I KNEW they were baiting people not to buy yesterday. They puposely froze trades to get shares and today they let it move.
Sold at .30 but was so tempted to stay in to see today play out.
Lesson learned.
Switching gears to BHSR. I like what I'm seeing. Similar tactics to try to hold the price down to scare, but I'm seeing volume reaching records levels today, and at this price they HAVE to be 95%-98% buys. Low float, so shares will have to dry up at some point! I can't make anyone put their money in a stock, that is everyone's own choice. But at this level with this BUYING volume and with the low o/s and today's news, I don't see how the MM's can keep this down like they obviously have been doing this last hour. I could be wrong, but I see it as a great entry price.
Who would be selling that bought this morning? no one. The only shares for sale are either b/w MM's right now or long term shareholders. Either way new investors are buying them up quickly. : )
Bo
In at .23
Mach, BHSR's O/S as of Sept 30, 2004 was only
22,609,392. It may be only at max of 32 million today. In their most recent EDGAR filing they purchased DM2 for 10 million issued shares.
They are revenue generating company.
I've just looked at their SEC Edgar filings. No bad surprises with this news. Last filing was in November. Their 10Q precedes that filing and was for the period ending 9-30-04 as mentioned above.
http://knobias.10kwizard.com/files.php
Type in BHSR in the upper right corner in the 'Ticker Symbol' field.
Bo : )
investorcg, I saw it this morning and agree.
NMCX still surprises me. SEIH today is following suit.
LENF surprised me about an hour ago. I thought it would move $1.00 or more after news. I watched it fall back.
PKTX not moving as strong as I thought on news.
PCMC only up .02
ELI just had good news out 10 minutes ago. So far it's still down .04 for the day.
And there's a lot of microplays we've seen rocket recently. Today there are as good of plays showing STRONG buying pressure but the MM's aren't budging..lol
Remember the line: MM's deal the cards and also play in the hand. They decide who lives and dies. The best we can do is get lucky and guess right.
Bo
BHSR news!
Last .21.
Press Release for Bach-Hauser Inc
Fortune 1000 Group Makes a Proposal to Acquire all The Outstanding Shares of Bach-Hauser
1/7/2005 10:30:12 AM
MONTREAL, Jan 7, 2005 (PRIMEZONE via COMTEX) -- Bach-Hauser (Pink Sheets:BHSR) announced today that Fortune 1000 Group, a publicly listed company on the TSX Venture Exchange symbol FRT, has made a proposal to the company to acquire all its outstanding shares. The directors of Bach-Hauser believe the acquisition price should not be under $1.00 USD per share. This price is predicated on Bach-Hauser's present revenue and projected revenue based on POS (point of sale) terminals presently active in the field and under contract to be installed this year.
On Tuesday January 11, 2005 the company will issue a press release regarding revenue and revenue projections. The company is also aggressively targeting other companies in the same industry for acquisition.
About Fortune 1000 Group
Fortune 1000 Group, with head offices in Sainte-Foy (Quebec), is a leader in the development, sale and support of accounting, commercial and banking management systems.
About Bach-Hauser, Inc.
Bach-Hauser, Inc. through its wholly owned subsidiary DM2 Technology is a provider of specialized POS equipment and software, which provides greater flexibility and reliability for debit and credit card financial payments. The company currently sells its products and services through traditional retailers, online retailers, taxis and courier companies.
www.dm2debit.com
DM2 Technology specializes in the sale of POS (point of sale) equipment and software to handle bankcard and credit card payments. DM2 Technology has been in the business of handling Interac and Credit Card transaction payments since the government of Canada deregulated this market. At present, DM2 has terminals in retail outlets in every province except for Newfoundland and PEI. DM2 has a growing list of corporate clients and strategic partners such as Rogers Wireless Communication, Dynacard Capital, Ingenico, Lipman, Datawest, CIT, BCE Emergis, Datawest, EasyHome, and Teleplus.
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that production, pricing levels or other factors pertaining to the manufacturing and retail operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in the Company's most recent SEC filings.
SOURCE: Bach-Hauser, Inc.
Market is 'bass aackwards' this first hour.
Scanning newswires and great news on some plays. Not only haven't they moved, but many have reversed. I haven't bought anything, and nothing to make calls on yet because of lack of movement.
Buying pressure everywhere on many, but movement on a rare few.
It's just a stab in the dark, but sometimes days starting like this can become the most exciting around mid-day. : )
We'll know soon enough.
Bo