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surius....I agree the lawsuit is nonsense.....
but if you check other companues that are being sued similarly....they all look for a lead plaintiff.
Seems they initiate the suit, then look for an investor after the fact. They don't wait for an investor to come to them asking to sue.....
There is no reason for anyone to buy. Until the co gives a reason- any reason- the selling will continue.
I just wonder at what point the shorts would want to cover?
JMO
ESCL down another 2.40 to 9.84
TMTA down 28%
It was in this post...but from a 2004 PR
http://investorshub.com/boards/read_msg.asp?message_id=11032407
I think that statement was from a 2004 pr posted on the board. Fooled me too for a minute,,,,
Thanks! Coming from you thats a nice compliment.
I hope we're right....the misery is almost unbearable right now.
Cowboy...I think he meant were you the one who made the call to the company...........
Mide...translated into "lowbrow language"..did you just say:
How do you convince them to buy at above the current share price, unless they were given information not available to the rest of us that convinced them they should do that.
if not...these are my questions...why would they buy that deal, and were they given information?
Design...it would be good for GTE and for us IF the price goes there by June.....GTE needs the money ( and so do I!), but it says they aren't committed to the second buy if that share price isn't attained by then. So it may not happen at all.
Let's hope....hope is all we have at this moment.
kenw...post 24501. Somebody posted a PR from 2004 about a financing deal with this same co....I missed the date on it!
Thought it was speaking to the new deal....
faked me out...I didn't look at that date!
I like this part:
There will be several announcements this week and next week giving updates on the progress of our deployment of GlobeTel's technology."
don't have the funds available right now....but I would if....
check out the story...
you guys shorting ESCL?
big trouble.....
VPHM...nice bounce off it's low this am
there was fear the Bolivian Govt was taking over the mine....since refuted.
I caught part of the bounce...from 14.50 to 16.05.
Now it's back over 18
Wish I'd caught that 13.50 bottom...lol...not sure whether to enter now. I can't find news on it....
SIL tank
I didn't hold. What do I know, but I believe the shares you get will be worth less that what you have in them now by the time you can sell. At any rate, I wouldn't want to hold for that long even if I could break even. I took a 50% loss, learned my lesson and won't play pinks again.
I hesitated when the deal was announced and the price began to fall....then thought.....what do I think I know that the rest of the world hasn't figured out? So I dumped...a little late, but now they're worth half of what I dumped at.
For those that hold...I wish you the best and hope you make money, or at least don't lose most or all of it. I really don't know what will happen, who does? "Go with the crowd on this one".
If I hadn't sold by now, though...I might would think about holding, depending on what my buyin price was....
Good luck!
I've been saying the same thing. It's too subjective.
How much is "materially higher"? ....And "higher" than what?
I wonder if anybody believes it now....
other entities.....other deals....
This has been so poorly handled nobody believes anything GTE says now.
We've been left hanging....they could at least put out one of those "frivilous" pr's ...anything would be better than no response.
ken w.....I had no trouble filling
Bought 500 at 1.58 ( on the way down) and then 2k at 1.45 on the way up. They filled rather quickly...ameritrade
1.55 right now....
I've seen a lot of these type "lawsuits" because I'm a "catfish" investor.....and they never go to court. GTE will have some minimal expense involved to prepare documents...but all it does is create a buying opportunity.
I just bought a few at 1.58 to add to my pile.
MM's would push it DOWN to make their money if they know news is coming.
I was noticing that too, and none of those goofy 1000 or 5000 share trades either.
APOA...I show no trades today.....is that what you guys see?
I'm not sure, but they'll probably find a way. ( hell, they probably already know what it is) It's pink isn't it?
But I'm a stuckholder, nonetheless.
BigDogs....1000%? A stock can't fall more than 100% before it's worthless.
I get your drift, though....I posted a similar example a little earlier and calculated thay if you're averaged in JPCH at .001, APHO would have to fall 80% ( after conversion) before you would break even at post merger adjusted price.
Here's a similar post from RB...
with a point I forgot to mention. The lower APOA goes before the merger, the better the chances for it to retain value for JPHC converted shares......
--------------------------------------------------------------
If you can't interpret, I will gladly explain
http://img185.imageshack.us/img185/4245/jphc5ol.gif
My cost avg is $23,000 for my 50 million (or .00046)
But for argument's sake, I used today's close of .0005 to determine what anyone's breakeven would be as if you bought JPHC at .0005
But the lower APOA goes during the 20 days preceding the close of the transaction, the less risk we will take as future holders of APOA. Meaning we will receive more shares of APOA and the share price can be lower for us to remain in positive territory.
My $25,000 JPHC today is going to be worth $250,000 APOA when the deal is closed. My share amount is determined by the 20 days preceding the close of the transaction. The average closing price of APOA 20 days preceding the close of the transaction.
The lower APOA goes, the more shares you will receive once the exchange takes place. Hopefuly APOA will close well below .01 each day until this transaction closes.
If you're in JPHC at .001, and the buyout price is .005 that's 400% higher. If you hold through the merger ( and any restriction period )APOA would have to fall 75% in value from the established price (20 day average) on the day of the merger during the restricted period before you would begin to lose anything. If you're in lower, that % would be higher than 75%.
Example...if APOA 20 day ave comes in at .01, then it would need to be trading at .0025 when the restriction is lifted for you to break even. If it's still trading at .01, you make 400%, if it's trading at .005, you make 200% etc, etc.
Question is...will APOA retain any valie during that time period...or possibly even go higher than .01?
Comments?
Still in ..current total is 5.5mm..........bought more today...felt stupid doing it, though.
Thay's how I see it..Also, the more it drops before the exchange....the less room it might have to fall further after we own APOA shares......
Wallymac...a question, not a dispute.
Why would increasing the A/S need to be done if they aren't going to dilure shares? I assumed they would issue the shares to pay for the deal?
Thanks,
xray....they're doing what pink co's do....taking care of themselves. You think they care about us? HA!
Guaranteed, those officers, etc are making out BIG...at our expense!
That's just how the game is played...and whi I don't play pinks any more...I'm just stuck in this last one, lol.
Because right now they're worth .0008/9
In a year they MIGHT be worth .005 ( I doubt it, but I have to believe they'll be worth more than if you sell tomorrow.
Don't get me wrong....I'd like to sell mine before the merger date too....but since I'm stuck in JPHC at a higher price from a previous time...it hasn't hit my breakeven yet. Almost did today at 1 point.....and if it does before then, I'm out.
But if I had to lose 50% or more to get out....I might wait....already been holding it close to a year...what's another year? LOL!