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It was a short cover..Did not effect the bid / ask. Those shares transferred and now that short position is gone. This will get pushed up by mm's @ opening bell tomorrow..
WTF?? over 36 million .0004 trades right after the bell.. What the hell was that???
Gotta admit these guys lead the Micros in news..
SWK is a wholly owned subsidiary of TYRIA. On December 30, 2005, the Company entered into a Securities Purchase Agreement with Cornell Capital Partners, LP (n/k/a/ YA Global Investments "YA Global"). Pursuant to such purchase agreement, YA Global purchased $2,359,047 of secured convertible debentures which shall be convertible into shares of the Company's Class A common stock.
As of September 30, 2008, the Company is in default of all the YA Global debentures and is currently in negotiations with YA Global to cure the default.
Here's a really sharp post from yahoo board. The poster I really respect. From couchhome: "I don't think we will see a R/S happen until Cornell settles and before they do we will have a big run up. Because that will reduce the float so Cornell doesn't have to cover then.. They will start to buy the shares off the market after this run up first. I believe part of any negotiated deal with Cornell will be the following. Cornell will have to eat the shares they have taken upon themselves to dilute into the market as default payments that was done without the approval of Trey resources. There is one other choice. Cover the Naked short ( and REALLY PAY) as they ( SWK) comes out with PR after PR regarding increased revenue and new contracts. All that will do is make Cornhole in an even worse position. They know it. They have already made their money back by about 1000%. They will reward us the shareholders who have bought and held before any R/S IMHO CornHELL converts VERY SOON an we go to a penny or a penny and a half! Then They announce the shares that were Naked are out of the Float and we move from there.! 0 debt; Clean Books; a lowered float by 3/4 share buy back and SWK takes the Trey Shell! How do you like that?"
Wrong...Long TYRIA??
There are literally 100 companies with inferior Q2's that are trading much higher PPS. TYRIA has been dormant for so long it's a joke.
UFFC is a "can't miss" concept. Healthy delicious tasty food served fresh and quickly.
George Foreman is part of their exposure package.
Two thirds of Americans are either overweight or obese. Read that last sentence very slowly.......
This concept will be successful. Mark my words.
Financing for franchises crashed when the Wall Street bubble burst. Once financing returns this franchise will take off.
Let's revisit the facts:
A. Management with experience developing Franchises
B. George Foreman; one of the most recognizable and successful pitchman in advertising history is on board...
C. Fresh, healthy and tasty food.
D. Almost two thirds of all Americans are currently either overweight or obese.....
Accumulate, accumulate, accumulate...
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I, too, wish you the best. Tell you what find me a website or a balance sheet or a management list or anything that did not come from LDSR on Beijing Blue Sky Petroleum Ltd. or Guangzhou North Condensation Energy Technology Co., Ltd. I could not find anything on the existence of those two recently contracted by LDSR companies.
My DD indicates this is a legit company, making a profit, developing SWK, adding key players to grow their revenue streams.
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Huge blocks just sold @.0005 and I have a bid in @ .0006. WTF?
Some of the .0003's are flipping.
Something is driving this stock. Something is stirring the pot.. Another excellent day volume wise. Nearly 439 million shares traded.
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78 million shares traded in first 30 minutes..
Can you see MM's on level 2?
Almost 700 million shares traded today..
Thanks trader. Still don't understand how you short a share you don't own but anyway..
What is Cellar Boxed??
I tried talking to the company but their e mail box was full. Sent, additionally an e mail via their website contact page. No response...
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Dividend restricted for 6 months.
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Sold all my shares. Good luck all.
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For every 30 shares of GDSM owned prior to 8-31 you get a share of MXMI. I am wondering the same thing. ORCA, you seem to like GDSM business but they are new to the mining game. Realize they added mining expertise to the board but what gives you so much confidence their business plan will develop? Or is this strictly a trading play? Anyone??
New GDSM'r.. Kind of shocked it dropped. Will buy more tomorrow. Can someone fill me in on the Acronym JV?? Thanks. I'm in this one long..