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Yes but they have been trying to do that. One was dismissed in Nov. and one was dismissed in Feb. The company gave ample notice of their intentions, an entire year ago. A lawsuit will not succeed, and I think this is buying due to promo somewhere touting good news for Kodak, and putting news of cancellation in fine print at the bottom if at all. Is there anyone here who really thinks these shares will not go to zero come Sept 3rd?
hahahahaahah yeah, I was going to let that go LOL. didn't get my 3 bid filled but got 4. We all know this will move up very nicely on news. DSCR!!!
Here's an explanation... some people didn't bother to read at the bottom where it says the stock is due to be cancelled sept. 3 LOL. Congrats to anyone who was able to sell above .10, insanity rules.
I think you mean support. Theres a log of support sitting on the DSCR bid as well.
DSCR. Okay, you sold... so you probably have no more interest here I guess. GLTU.
DSCR. No, it seems like accumulation by those who will run it back up.
Thanks, probably the ones I bought at .0004 Got a bid at 3 too.
Every stock is potentially a double edged sword. They don't call these High Risk/High Reward for nothing.
My apologies. Yes, I want some of the new shares. I think Kodak will do well.
Yes, the new shares will probably get snapped up.
BMSN runs back up soon. Tick Tock...
These bottom plays will all have their day in the sun. I recommend many baskets.
And put it into bottom plays that have an excellent chance of making that money back for you.
DSCR looks like a good bottom play to me. Over 300M shares bought since the 9th, something good coming.
The point of cancelling them is that Kodak doesn't have to pay you. Otherwise they would simply issue more shares and leave you with yours. They will issue new shares and creditors will get some, current common shareholders get none. I doubt litigation will succeed though no doubt that hope may be put out there so others can sell.
Yes, and ATOS got a nice little bounce.
Usually I have seen that the cancellation happens almost immediately. Why would anyone buy the shares at this point?
Nope. They get canceled. Game over,
I know huh? worth zero tomorrow. Good night/good luck.
Down she goes.
I'm here, just watching the ASTM accumulation and waiting.LOL
Don't worry, with 70M on the ONCI bid, you are far from alone LOL.
NEWC is making the all the right moves. I am happy to be in before the reports are issued.
BMSN Does indeed look bullish looking at both Technicals and Fundamentals.
ONCI will be heading up while some still wonder what's going on.
I would tend to agree. This seems a very positive development for AMBS and shareholders. The financing and 6 month lockout should help in alleviating short term concerns about dilution. It provides space during which more good news will help bolster share price.
Yep, got mine. VOIS!!
Good news is its not the end of the world... just the end of existing Kodak common shares with zero compensation... but hey, you can always buy some of the new ones they will be issuing soon!!!
Down the gravity well, these stocks will be cancelled. Do yourselves a favor if you are still in and ditch fast.
Good Stuff I think. MFTH is waaay oversold IMO, and due for a nice rebound.
Nice volume today for MFTH.
Nice volume for MFTH today. Still time to pick up a stake.
Well said. Amazing entry or add opportunity here with MFTH.
They are doubtless going to the right people. I have an add set at.0006, see if I can get it.
I fully agree. Buy MFTH now while still in the Triples.
I have no doubts about that, I've picked up more ABIO.
ONCI still in hopper, look at FCGD.
Looks like a huge buy signal to me LOL. Most PennyStocks I've seen in this range are not generating revenues yet, or negligible revenue.
My personal opinion is forget about the dividend. This is a penny stock. Its at a great low, buy more and hold for news to run the PPS back up.