Has officially gone private and is no longer reporting
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Issue: BOW.GA Description: BOWATER CANADA FINANCE CORPORATION Coupon Rate: 7.950 Maturity Date: 11/15/2011
Execution
Date Time Status Quantity Price Yield Comm. Modifier 2nd Modifier Special As Of Reporting Party Side
10/28/2009 15:40:00 T 1MM+ 31.000 0.000 N @ S
10/28/2009 15:39:00 T 1MM+ 30.750 0.000 N @ B
I'm liking this bit of green in the sea of red. Lots more to come, as those buying the bonds are fully aware.
Bond action so far today:
Issue: AREY.GC Description: AVENTINE RENEWABLE ENERGY HOLDINGS INC Coupon Rate: 10.000 Maturity Date: 04/01/2017
Execution
Date Time Status Quantity Price Yield Comm. Modifier 2nd Modifier Special As Of Reporting Party Side
10/28/2009 11:13:19 T 1MM+ 63.500 0.000 N @ S
10/28/2009 11:12:12 T 1MM+ 63.000 0.000 N @ B
Bid .315 x Ask .31
Notice how it's taken down on small transactions but always up on the larger ones.
Bids aren't reflecting
Brich, Brikk-
I see this action repeatedly in certain Q stocks. Obviously, there is MM manipulation occuring at times. IMO, one that is intentionally held down is done so for a run at a later time. What are your thoughts?
lol, posted the same thing as you were typing.
Added 100k at .175. Hope I want it. Anyone recall the swoon on ssccq to .06 right before it took off for good? I'm gambling this the equivalent shakedown here.
They're setting this up to run next week with the gap fill.
Bonds making a move...
Issue: AREY.GC Description: AVENTINE RENEWABLE ENERGY HOLDINGS INC Coupon Rate: 10.000 Maturity Date: 04/01/2017
Execution
Date Time Status Quantity Price Yield Comm. Modifier 2nd Modifier Special As Of Reporting Party Side
10/23/2009 11:27:39 T 1MM+ 62.329 0.000 N @ S
10/23/2009 11:20:13 T 1MM+ 62.000 0.000 N @ B
10/23/2009 10:15:05 T 20000 56.850 0.000 N @ D
10/23/2009 10:15:00 T 20000 56.950 0.000 Y @ S
10/23/2009 10:06:16 T 103000 57.000 0.000 N @ D
10/23/2009 10:06:16 T 103000 57.000 0.000 N @ D
Those are gorgeous! I scoff at luxury cars but am drooling over that...
Some of these employees aren't going to be happy when they see it over 1.20 real soon
cemjq dump
I think November will be a great month in anticipation of December. The stronger Q's run ahead of the POR.
WFSV- possible bottom
I think the hedgies may be joining the fray
lol, been loading since May myself. Trading like it's just the beginning of the move...
Maybe that's his cue before the big buy
slapped it for 25k...100 to start and now the fill
Seriously, Bankshot, who is consuming all of these shares?
CHIO looks really nice at these levels. Insane numbers of cars being sold in China.
Party Bash Columbus Day Contest Pick- DVAX
CHIO- The first day I bought I had to call it in on three separate occasions and the rep said this would continue. As of the following day, no calls needed.
To all you regulars, this board is one of the best I've ever seen.
Many things have happened that should have served as the catalyst here. At this point, I think you're right about the short covering being the likely catalyst but I have my doubts about asset sales forcing the shorts to cover. I'm starting to think they'll cover in their own time, probably about the same time Steelhead finishes selling. As mentioned by Utmost, I think they've been providing the selling pressure for a while in violation of the injunction. About the same time, we'll likely be seeing a profitable MOR to really get the party started.
Provided Watsa doesn't unload, not likely since he provided the DIP, we should get a very large move. I'm thinking more CEMJQ or FRNTQ than VRMLQ in scope.
CYDI- Has anyone else looked into it?
Are you just throwing this out there or is this really a field CHIO is getting into?
Hi wall street, I sent mine but just didn't include my screen name. Thanks to you, jax, MC, and CMM for all you do.
Q2 ended 6/30 but was reported in August so there typically is a lag here.
3rd Quarter results should be another month
Teenage girls must be getting fatter.
I don't believe in MM signals but very much in MM manipulation back and forth.
He came to play...
lol, now you've done it. Maybe we'll see 500 million dumped today
Yes, I saw that. Assuming continued short covering, we may be looking at a perfect storm, with or without the USD's assistance.
Yes, I agree. The core business through the BK is newsprint for the sake of preserving assets, including tax attributes. A few years from now, this will likely be more of an energy play.
My post regarding liquidation was only to illustrate the absurdity of the market cap.
Kinda makes me hope for a liquidation...
Posted by: The Godfather Date: Sunday, October 04, 2009 10:41:55 PM
In reply to: faust357 who wrote msg# 5400 Post # of 5455
Just some more numbers I was running right now..
From their PR, they sold about 300,000 acres of timberland for $53 million in cash!!
They own about 44.7 million acres of timberland..
Going by the math, the land itself should be worth about: 7.87 Billion dollars.
Current market cap.. 8.64 million. :)
Manti- one thing to note about the insolvent SPSNQ case is the run-up in the stock ahead of the POR. With positive equity here, I think CEMJQ will also see another large run but with a more favorable outcome in the POR.
Peter North candle today?
TDA shows bid .16 and ask .15