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Dont know what you guys think of EESO. I have made good money on it. Also made 80 percent this week. They released a pretty decent PR today and are going to release audited financials by the third quarter.
Nice> Maybe we break $6 by April...
Goodjob... Premarket.. 1.85
Jon Stewart was great on The Daily Show last night with Cramer. Must see. Cramer was in the hot seat.. Awesome.
http://tv.yahoo.com/blog/stewart-vs-cramer-winner-take-all--183
I just miss understood ur post earlier in the day....
Thursday, March 12 2009
New York judge rules in Delphi's favor: Hearing on stay set for next week
Mar. 12
The Delphi Salaried Retirees Association lost another round in U.S. Bankruptcy Court Wednesday when the judge affirmed his original decision to allow the company to terminate health and life insurance benefits.
Judge Robert Drain, with the U.S. Bankruptcy Court for the Southern District of New York, made final his preliminary decision issued Feb. 24 to allow Delphi Corp. to terminate health and life insurance benefits for up to 15,000 salaried retirees effective April 1
We were disappointed, but we expected it, said Milton Beach, spokesman for the DSRA. This is Delphi's judge.
The DSRA filed a motion Tuesday seeking a 90-day stay of Drain's order until a pending appeal could be heard by the U.S. District Court in New York.
Drain will hear the motion for a stay next Tuesday.
Drain based his decision that Delphi had the right to terminate the benefits on a Detroit case Sprague v. General
Motors, he said.
Dennis Black, coordinator with DSRA, said it was a bad day for the salaried retirees."In a nutshell, we haven't gotten anything," Black said. "We were hoping to get an extension. We were negotiating with Delphi trying to get an agreement to transition to a group health plan we're trying to create."
Black encouraged retirees who can afford it to continue with Delphi's insurance plan until the DSRA can establish its own group.
Black said the retiree committee appointed to determine if any of the salaried benefits were vested did a good job in gathering data in a short period of time.
There was no doubt during an 11-year period from 1974 to 1985 there were promises of lifetime benefits, he said. Black said normally a person is considered vested in insurance and retirement plans after 10 years.
"The judge keeps going back to the Sprague case," Black said. "Legal law requires that you follow the law in the 2nd District New York and not the 6th District Detroit. The district rulings are different. Judge Drain has no interest in that legal argument."
Black said the DSRA will appeal Drain's two motions allowing Delphi to terminate benefits.
"I would speculate that we're prepared to take this to the U.S Supreme Court," he said. "Different courts have differing rulings and the Supreme Court is the only one that can make a final decision.
"We lost some more battles, but we continue to fight the war."
>
The DSRA is trying to bring in the rest of the automotive groups in the country to include GM, Ford and Chrysler.
"The name of the game is to shed their obligations," Black said of the decision to terminate benefits.
Delphi, which became a spin-off company from General Motors in 1999,iled Chapter 11 bankruptcy in 2005.
By terminating the benefits, Delphi expects to realize a savings of $200 million through 2010 and be able to write-off $1.1 billion from its long-term obligations.
Wish we could of close $1.70 or higher, but all in all was down all day.. SO definitely a nice close.
LOOKs like they finally showed up to the party......GO FITB
When r u going to test the water again? I am still green. My average is 1.30. Thought it would have a pop today but I guess its not FITB day. I dont think it will get there but if it breaks my average I will buy more.
really. Should of averaged down when it was at .05 or even .11
Looks like in time you will get out with a profit.
SIRI up 24%
SIRI up 23%
Looks like someone accumulates shares everyday..
You must know someone.
NEWS. Pavivis and its Acquisitions.. WHATEVER....
Greed,
YOU should take a picture and have it placed in the ibox. Then people can see there is a product that can be purchased.
What a fight to close green...
I was thinking the same. Waiting to see if it breaks resistance and I will add another 5k.
Good job.. Now we need a PR..
Its not cheap. Equityfeed.com
It works fine for me..Here u go.
2 x .0001
1 x .0002
1 x .0004
2 x .0005
Thanks Bro...
Bigz where do you think VSTN will go? I bought at .03 and then they averted BK today. What does the chart say? Thanks info and a great board.
Silent Lurker usually....lol
Looking good in AH. This Year so far has been quite the rollercoaster.. GLTA.. Lets break $6 tommorrow>>
I am glad I bought in the 3 cent range the other day. Was going to sell today when it went down but I figured what the hell. Glad I didnt.. Maybe we retest .13. Thats what I think it was trading last before being delisted.
Any news on a RM?. Didnt mean to reply to ur post.
Who knows? I think as long as it trades once in a while it wont be.
Everything helps..
Barney Frank said uptick rule will be back within a month. per CNBC
Barney Frank said uptick will be back within a month. Per CNBC
We can only speculate. Merger docs and Morey saying that something was in the works.
Wasnt it right after ur Bday we ran last year?
Maybe this one also:
Alco Advanced Technologies Inc - www.alco-advanced.com
8268 NW 68th St, Miami - (305) 436-0222
Am I rich yet? Where is my dividend/shares? 50 cents trade today. Big money coming in. weeeeeeeeeeeeeeee.... lol
Done but do u still have a problem with yahoo addresses?
TIH I joined ur email list while your were on vacation. Have you sent any? or am I not on it?
Well we can look on the bright side. Right now its just about impossible to sell shares..