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That is just part of the miracle of ONCO. I see they filled you right inbetween a couple .007s.
L2 now=
2@ .0065 x 1@ .007
4@ .006 x 1 .008
1@ .0055 x 1@ .0085
6@ .005 x 1@ .009
1@ .004 x 1@ .0095
1@ .001 x 1@ .012
5000 @ .007 ! And that knocks 2MMs off the bid!!
This company could really not care much less about investors. And it shows in the PPS.
1@ .007 x 1@ .008
2@ .0065 x 1@ .0085
4@ .006 x 1@ .009
6@ .005 x 1@ .0095
1@ .004 x 2@ .012
1@ .001 x 1@ .013
ask is thin but only to .0095 and bid support just keeps dropping
Wait for volume as long as you like, running hard from .001 is not going to help anybody who isn't averaged in below .01, that is how it got down here in the 1st place.
Remember when .01 looked like some kind of bottom? That was right after .015 looked like some kind of bottom. I see .0075 already today. Double down at .006 and bail at .01? May be a good strategy.
Interesting. From .038 to .03 in less than 133,000 shares.
2@ .027 x 2@ .032
1@ .025 x 1@ .0335
3@ .02 x 1@ .035
1@ .018 x 1@ .042
3@ .015 x .045
5@ .01 x 3@ .049
Things have been really hotting up around the F camp lately! A breakout (the same one we've been waiting for since last spring) may not be too far off. Here's a little more on that story. GLTA
Tracinda Announces Tender Offer for 20,000,000 Shares of Common Stock of Ford Motor Company
Apr 28, 2008 7:01:00 AM
Copyright Business Wire 2008
LOS ANGELES--(BUSINESS WIRE)--
Tracinda Corporation today announced that it intends to make a cash tender offer for up to 20,000,000 shares of common stock of Ford Motor Company (NYSE: F) at a price of $8.50 per share. The offer price represents a 13.3% premium over Ford's closing stock price of $7.50 on April 25, 2008 and a 38.7% premium over Ford's closing stock price on April 2, 2008, the day upon which Tracinda began accumulating shares in the company.
The shares to be purchased pursuant to the offer represent approximately 1% of the outstanding shares of Ford Motor Company common stock. Tracinda Corporation, of which Kirk Kerkorian is the sole shareholder, currently owns 100,000,000 shares of Ford common stock, which represents approximately 4.7% of the outstanding shares. Tracinda's average cost for such shares is approximately $6.91 per share. Upon completion of the offer, Tracinda would beneficially own 120,000,000 shares of Ford common stock, or approximately 5.6% of the outstanding shares.
Tracinda has been following Ford closely since the company released its fourth quarter 2007 results which indicated that Ford's management was starting to achieve highly meaningful traction in its turnaround efforts. Last week this was reinforced by Ford's first quarter 2008 results, achieved despite the difficult U.S. economic environment. Tracinda believes that Ford management under the leadership of Chief Executive Officer Alan Mulally will continue to show significant improvements in its results going forward.
Once the tender offer is commenced, offering materials will be mailed to Ford stockholders and filed with the Securities and Exchange Commission. Ford stockholders are urged to read the offering materials when they become available because they will contain important information.
The tender offer will be subject to customary conditions for transactions of this type, including expiration of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. Tracinda's offer will not be subject to financing.
THIS DOCUMENT IS NEITHER AN OFFER TO PURCHASE NOR A SOLICITATION OF AN OFFER TO SELL SECURITIES. TRACINDA HAS NOT YET COMMENCED THE TENDER OFFER DESCRIBED HEREIN. THE TENDER OFFER WILL BE MADE ONLY THROUGH AN OFFER TO PURCHASE AND RELATED LETTER OF TRANSMITTAL. INVESTORS AND SECURITY HOLDERS ARE STRONGLY ADVISED TO READ THE TENDER OFFER STATEMENT OF TRACINDA AND THE RELATED LETTER OF TRANSMITTAL WHEN SUCH DOCUMENTS ARE FILED AND BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. THE TENDER OFFER STATEMENT WILL BE FILED BY TRACINDA WITH THE SECURITIES AND EXCHANGE COMMISSION ("SEC"). INVESTORS AND SECURITY HOLDERS MAY OBTAIN A FREE COPY OF THIS STATEMENT (WHEN FILED AND AVAILABLE) AND OTHER RELEVANT DOCUMENTS ON THE SEC'S WEB SITE AT: HTTP://WWW.SEC.GOV. THE TENDER OFFER STATEMENT AND RELATED MATERIALS MAY ALSO BE OBTAINED FOR FREE BY DIRECTING SUCH REQUESTS TO TRACINDA.
Source: Tracinda Corporation
----------------------------------------------
Abernathy MacGregor Group
Winnie Lerner / Tom Johnson
212-371-5999
4/25 - 16:03:15 - 32,000 - .082
Only 32K? Wimps!
...is AUTO the AH axe?
I noticed they flashed off the L2 as that AH trade was appearing.
The trade was 16:03:15 and AUTO closed at 16:03:21
Oh no realest. This is only HOW I am Mr. Bitterness... WHY I am Mr. Bitterness is a whole 'nother story! : )
GLTY
have a great weekend!
I'll tell you what's disrespectful - ONCO is sitting at it's all-time low of .008 AGAIN! And $40 brought it there. THAT is disrespectful.
And to show nobody cares, it will close the week at .008. Then after the bell we'll see about 240,000 shares go through at .0083. Weeeeeeeeee!! OiNCO
Most Chinese could not afford this water if they saved up for it. It will cost 8X more than reg bottled water, they are not a wealthy society by any stretch. 1% is a ruse to get people interested bc many believe that to be a small but attainable number for any metric. It will be the rich and the tourists that buy this stuff. That may come out to about 1% of the population but they are not all going to drink it daily.
Now get out there and buy some AQUI while it is still cheap.
Just the fact that they are filing 8Ks would be great. You know, transparency and all. As of now they don't even have a 'PS Current' ranking on pinksheets.com. When they move from 'Yield' to 'Current' the PPS will move up. When they are reporting to the SEC, PPS will continue up.
1@.0285 x 2@ .029
2@ .027 x 1@ .03
1@ .026 x 1@ .031
1@ .0255 x 1@ .04
2@ .025 x 1@ .045
1@ .0245 x 1@ .046
1@ .024 x 1@ .049
1@ .015 x 1@ .05
5@ .01 x 1@ .06
bottom bollie = .0258, and slowing down for the moment, so far getting more narrow for today
4 up days, 1 flat day, 16 down days out of last 21 days
A good material event to PR would be that they've changed to a new TA who is not committed to keeping sharecounts to themselves. Then PR the share structure and maybe even file it with pinksheets.
Next material event would be to say that, hey, the hell with pinksheets, we are now filing with the SEC so here are our reports and here is full disclosure and please check with the TA at anytime for updated share counts if you ever suspect they are changing.
I wish it was, but... down hard on high volume, and fell right through .035 support. .03 holding for now... .025 is likely next.
RSI2 = .2828 = plenty of room for another good down day or more
MA200 = .0462
pps ran right down through the MA200 which means the lower bollie is now support. Lower bollie is .027 and experiencing accelerated decline. Something needs to come catch this fast.
4/24 - 16:02:03 - 151,000 - .0086
lemme attem!
So true. The company needs to WAKE UP!
Every now and then he replies, then sits back and watches his stock get flushed.
Today began with some good buying, now looking at .0085 on the bid again.
Basically there is absolutely nobody who is not losing money on this, unless they've flipped it enough to be sitting on freebies or small profits.
In the history of the company here are the shares that have traded below .0085
25,000 @ .0084
515,000 @ .0083 (all in one AH trade)
85,000 @ .008
all told = $ 5,164.50 traded below .0085
So why .0085 x .009??
I've exchanged several emails with Lianhua IR team. Sent them the PR on the contract and asked if it was true and where I could find the PR on Lianhua website.
Got 2 replies so far, my last inquiry has gone unanswered and have just sent another. Here are my replies thusfar.
4/18 Reply:
No reply from lianhua yet, will meet the cfo tomorrow, will update u if found anything.
Hon Fung
Vice President
Christensen
6/F., Golden Centre,
188 Des Voeux Road Central,
Hong Kong
Tel: (852) 2117-0861
Fax: (852) 2117-0869
4/15 Reply:
We r checking this with lianhua, will get back to u asap.
Vice President
Christensen International Limited
I KNEW it was you! It was so obvious from your posts. Now why dont you tell us what you are doing with all those shares, you must own the whole float by now -when are you going to run it up?
For anyone just tuning in - I am kidding
But I really can't figure out what they are doing here. I mean, how short can the MMs be - this thing has run straight down from over $1 to under .01 - I can't see where they can be short...
Slow motion dilution seems more likely, but the company says they are not diluting and if they held the 17.6M OS from $1 last May through .015 on 12/31 it makes sense that they are not diluting.
So... still completley mystified. Some theories that have come through here of strategic destruction by competitors or vengeful ex-partners sound plausible at this point, but still pretty hard to believe.
Where are the updated filings from ONCO?
Per share revenue is almost 3x share price!
What is that about?
We need updates, transparency, all the usual BS any good stock needs.
I was going to guess it was either me or you, or maybe bawz - he seems most likely to be the persuasive insider LOL!
Walker may be a straight shooter I dunno. I do know he is a pinky CEO who seems to know little to nothing about public companies, which is not all that uncommon.
A couple good hits at .01 this morning but nothing has come of it
1@ .0095 x 2@ .01
1@ .009 x 1@ .011
2@ .0085 x 2@ .012
1@ .008 x 2@ .013
2@ .0075 x 1@ .0185
2@ .007 x 1@ .024
2@ .006 x 1@ .0275
3@ .005 x 1@ .029
1@ .004 x 1@ .03
1@ .001 x 1@ .032
1@ .0001 x 1@ .05
JOJO - Total # of shares traded in the After Hours only, since 1/28 = 16,572,500
Looks like by Friday the entire float will have traded in 3 months of AH-only trades.
I may have missed a day or two in there, you can check my #s below against whatever other info you find. You can see I started slacking a bit at a certain point - but as of about 4/1 they started making it harder by only doing AH prints, not mirroring daytime prints and just reprinting the last trade of the day after the AH prints.
4/23 - 16:01:15 - 600,000 - .0095
2/3 total volume in a single AH trade.
or
50% of the volume until 16:00:00.
4/22 - 16:03:30 - 515,000 - .0083
4/17 - 16:13:32 - 621,000 - .0094
4/14 - Today I saw NITE on the Bid and SSGI on the Ask when 540,000 went through at .0115 (at 16:06:03)
4-8 - Today's volume was 271,450 at the close. After close the volume rose to 499,450.
4/8 - 16:03:51 - 228,000 - .0097
ALMOST HALF THE VOLUME IN A SINGLE AH TRADE
Average price before AH trade was .01015
--- - - - -
4/2 - 16:02:24 - 445,000 - .01
4/2 - 16:00:09 - 150,000 - .01
4/2 - 15:52:54 - 150,000 - .01 (printed normal time)
3/27
16:07:03 - 250,000 @ .0118
15:25:57 - 100,000 @ .012
3/26
55,000 - 15:46:48 - .015
555,000 - 16:03:39 - .0135
20,000 - 16:00:27 - .015
20,000 - 16:00:09 - .014
55,000 - 15:46:48 - .015
13,418,500 shares have traded after hours since Jan 28, in just 24 trades.
The AH trades today account for 16% of the float.
At the price of that trade you could buy the float for less than half the value of the latest contract they PRd.
I don't know what the average PPS is but here is the latest
Approximate Totals (from 1/28 thru 3/24 with no data from 2/7 - 2/12):
- Total Actual Daily Volume for time period = ~43,600,000
- Total Shares Mirrored = ~9,858,500
-Total AH shares = 13,418,500
- Total Shares Involved = ~19,717,000 -- now more than 10% of the float.
3/25 - 16:09:27 - 1,020,000 - .0114
3/25 - 16:07:15 - 1,800,000 - .0114
3/20 - 16:08:45 - 740,000 - .0125
as of 3/17 -%of volume = ~27% (down from 35% last time they did this on 3/5)
as of 3/17 -% of float = ~56% - (based on 17,612,879 float)
3/17 - 16:02:12 - 194,000 - .019
3/17 - 15:55:24 - 194,000 - .02
3/5 - 16:09:30 - 850,000 - .0118
3/5 - 15:57:33 - 850,000 - .013
3/4 - 16:04:57 - 750,000 - .011
3/4 - 15:59:33 - 750,000 - .01
3/3 - 16:04:15 - 313,000 - .0165
3/3 - 15:36:21 - 313,000 - .016
2/29 - 16:03:24 - 964,000 - .0143
2/29 - 15:58:36 - 964,000 - .018
2/28 - 16:09:24 - 170,000 - .011
2/28 - 13:29:18 - 170,000 - .015
2/27 - 16:04:27 - 77,000 - .0128
2/27 - 15:43:51 - 77,000 - .012
2/26 - 16:01:36 - 340000 - 0.013
2/26 - 12:28:09 - 340000 - 0.015
2/25 - 16:05:51 - 113,000 - .0135
2/25 - 15:42:33 - 113,000 - .014
2/22 - 16:05:03 - 171,000 - .014
2/22 - 15:07:27 - 171,000 - .014
2/21 - 16:10: 33 - 170,000 - .015
2/21 - 15:59: 48 - 170,000 - .015
2/20 - total Vol only 5,000 - no funk today!
2/19 - 16:10:30 - 936,000 - .016
2/19 - 15:39:27 - 936,000 - .015
2/15 - 16:01:15 - 185,000 - .016
2/15 - 15:37:00 - 185,000 - .016
2/14 - 15:55:36 - 378,500 - .02
2/14 - 16:07:09 - 378,500 - .019
2/13 - 14:56:33 -- 406,000 -- .021
2/13 - 16:09:51 -- 406,000 -- .0215
2/7 - 2/12 = missing data
2/6 - 15:53:33 - 131,000 - .023
2/6 - 16:04:39 - 131,000 - .023 T (F)
2/6 - 16:03:24 - 131,000 - .0234 T (XF)
2/5 - 15:59:54 - 550,000 - .027
2/5 - 16:06:24 - 550,000 - .026 T (F)
2/4 - 15:56:36 - 437,000 - .028
2/4 - 16:04:27 - 437,000 - .03 T (F)
1/31 - 15:59:45 - 221,000 - 0.034
1/31 - 16:00:15 - 221,000 - 0.032 T (F)
1/30 - 15:46:07 - 400,000 - .0368 15:46
1/29 - 15:55:48 - 1,522,000 - .037
1/29 - 16:15:12 - 1,522,000 - .0359 T (F)
1/28 - 16:03:57 - 580,500 - .0348 T (F)
1/28 - 14:58:xx - 580,000 - .038
Need to see 2.95+by close tomorrow.
Heavy volume for a walkdown... touched down on .0305 which imo is equivalent of breaking through the the 2nd level of support
16:01:15 - 600,000 - .0095
2/3 total volume in a single AH trade.
or
50% of the volume until 16:00:00.
Practically LOD too.
And Walker wonders why the stock trades badly... ?
We're finally getting RSI into oversold, which means it can reverse instead of trend sideways and down.
That said, I agree, it is time to come clean with transparency, numbers, business, contracts and so on. Prove it can be done without Da Silva and that there is more to come. Concrete proof of the Lianhua contract, and the product being successfully produced, shipped, distributed and sold at or beating projections.
.04 bid is falling fast
.035 next real support, thin to .03 and .025 imo
1@ .04 x 1@ .041
2@ .039 x 2@ .048
1@ .037 x 3@ .049
4@ .035 x 2@ .05
4@ .03 x 1@ .06
Going green (from the open). Up on HUGE volume. LVLT on most actives today.
White candle on gap up, closing at HOD should scare the shorts pretty good. At least the ones that got short in the last 10 weeks. Anyone who shorted in the 4 months prior to that still has a little time. And I still haven't read the quarter yet LOL!
Nice headline: "Level 3's Wholesale Internet Business Turning the Corner"
They've done that a lot in the past. Order 100k, fill 20k and move the ask. BEcause you know, someone had a sell for 11k at .01 LOL. I can;t believe they didn;t even move the bid up though. Looks like they want to discourage selling moreso than encourage buying?
Bid is stacking a little. But so is the ask. Now
2@ .009 x 1@ .0115
1@ .085 x 3@ .012
2@ .008 x 1@ .0125
2@ .0075 x 2@ .013
2@ .007 x 1@ .018
etc.
Tightening up a little... funny how they wont even fill you as a tween, esp. since they used to fill buyers at the bid. Good, maybe bidwackers won't get filled and we can finally move up
Nice to see them bringing up the bid for a change. NITE just moved from .0085 to .009 and with no buying to drive it. Some more buying and .01 moves to the bid.
The chart says: This could start to turn up here. L2 says: It's ready for vicious buying to crank it up. Charlie says: Love that Good'N'Plenty.
1@ .009 x 1@ .01
1@ .0085 x 1@ .0115
3@ .008 x 2@ .012
2@ .0075 x 1@ .0125
2@ .007 x 2@ .013
2@ .006 x 1@ .018
3@ .005 x 1@ .0235
1@ .004 x 1@ .0275
1@ .001 x 1@ .029
A big $1700 in volume so far! weeeeeeeeeeee!
Aww crap - now I have to go read it. If it can't hang on to a gap to 2.79... do the shorts really have that much control? It does seem to coming back up a bit now, I'd like to see it close green today. This will be real good for the MAs.
Looking at this morning I don't even need to look at the results. :)
a mere 515,000 @ .0083 @ 16:03:30
that makes it about half the volume this time and well below the daily average
Where's the share count Walker?
How about that "transparency"?
Ernst & Young needs to get AQUI off the pinks!
Not to mention how much just a little pink "PS Current" next to their ticker would crank the PPS. That can be done in a week if they get the right paperwork filed.
LOL! Ya gotta help him out there, still 2MMs at .0095 and the last 100k went at bid
GLTA
Thanks! We need a couple dozen more of you! :)
If you bought those last 28k at .009 thanks - you finally knocked NITE off the ask!
4@ .008 x 2@ .009
3@ .0075 x 1@ .01
2@ .007 x 2@ .011
2@ .006 x 1@ .012
3@ .005 x 1@ .013
1@ .004 x 1@ .018
1@ .001 x 1@ .024
1@ .0001 x 1@ .029
The news seems to have put a damper on the trading for now... close today at or above the open and it will paint a nice looking bottom coming in on the chart.
Interestingly enough, 114,200 shares over the course of an hour was enough to knock 2 MMs off the .0085 bid.
5@ .008 x 3@ .009
5@ .0075 x 1@ .01
1@ .006 x 1@ .011
3@ .005 x 1@ .012
1@ .004 x 1 .013
1@ .001 x 1@ .018
1@ .0001 x 1@ .024
still thin up to .013, maybe when .0075 hits ONCO runs back up to .011, just a few buyers could bring it back to .013 pretty quickly
.008 is the all-time low set on 4/4. How long will it hold?
-- ONCO needs some interest! Nobody cares about us :(
Daily chart still not bottomed imo. Also notice last 2 weeks of MFI conflicting with last two weeks of PPS.
It just took NITE two and half minutes to fill 100,000 at ask. They had to break it into 5 trades, yet they did not budge off the ask. L2 is still
2@ .0085 x 3@ .009
4@ .008 x 1@ .01
4@ .0075 x 1 .011
1@ .006 x 1@ .012
3@ .005 x 1@ .013
1@ .004 x 1@ .018
Those are some fair questions. All you can do is look at the chart, the way the stock trades, and ask yourself... do I feel lucky? At least that's what Clint Eastwood would do.
Try contacting Dr Walker, his supposed IR guy, the TA or someone else at the company and let us know what you find. All they tell me, (basically nothing) and anyone else who has posted about their contact attempts, has been posted on this board. Maybe in a few more months they will update pinksheets with the latest sharecount, accurate as of 3 months prior to the posting. That's their competitive edge LOL
F has really been kicking some butt lately! Does it pull back from 8? Pull back from 9? Or just keep running? There have been a few runs at 8 and 9 in recent history that really should have kept on going imo ... gonna have to sit with the charts for a while... any thoughts?
1@ .045 x 3@ .046
1@ .044 x 2@ .05
1@ .043 x 1@ .055
6@ .04 x 1@ .06
1@ .032 x 1@ .07
4@ .03 x 1@ .09
I haven't RSVPd but this is what their IR guy says... "The meeting will be from 1PM - 3PM on April 23rd. If you intend to go to this meeting then please RSVP to me at the following e-mail address
steveweiss@ericdavid.com
I will forward you the address of where the meeting will be held.
Have a good night
Regards
Steve Weiss"
According to the volume this week, it appears that yes it will.
MA200 = .0453, lower bollie = .0341
I won't get into where I think support lies below that or people will get the wrong idea about me.
GLTA