is running around in circles, rubbing his hands, and giggling
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Good, if it ever goes down that low again, I'll buy another million or so shares.
10+ bags
After reading K+E's response, I am getting a weird gut feeling telling me that the formation of an EC is now closer than ever. I can imagine that the UST has her own wealth of stories to tell about them lawyer folks and knows their game just too well. This recent response with all the contradictions it contains comes in very handy to show them their place by doing exactly what they don't want.
All just my opinion of course.
I sure hope in February or March you are way off if you predict 1.68.
Great! You were right on. Oh, when I ask you that question tomorrow, can you say something like $1.68? Maybe you will be right again... :)
You are optimistic! I hope you are right.
This almost looks to me like a repeat of Tuesday's action, just on lower volume. Any predictions for today's close?
They will take it down if we don't get any volume. The slow bleeding continues...
Test...test
Just testing. It seems my computer froze. No trades, no posts...
weird...
They posted the transcript of the last big omnibus hearing like a day after...
Since it will most likely be a transcript of the conversations in the court room, it will take a little bit longer to prepare and post. I wouldn't be surprised if it gets posted sometime tomorrow.
I bet who ever sold at the bid yesterday right before close, already feels quite miserable... In a week or two they might be pulling out their own hair in anger about their own action.
Thanks for sharing (for a moment). Nice report.
I wasn't really pointing fingers, just thinking out loud really. Such an unorganized exit just baffles me and I always wonder what the motivator is for some investors to dump all their shares on the market at once, throwing away tons of money in the process.
Anyway, this is my last post for today, so all of you have a great evening! To a better tomorrow!
This article doesn't explain today's sell-off either, on the contrary. The only plausible reason I can see is the Ch11 filing of CJHBQ, which creates potential competition for CEMJQ in the "best Q stock game".
Relax, the PPS won't stay where it is now. I think what he is trying to say is "All will be good."
Sure, just as this could go back to 0.02, but it won't. As soon as these sellers are done, we will be moving back up. My crystal ball shows a close of 0.93 this Friday.
Stockhouse shows 0.69.
Look for this to continue tomorrow morning.
I don't think there is pending bad news. It's probably a few investors moving their money into CJHBQ. I got 160 shares myself. But unlike them, I would never sell my CEMJQ.
Are you sure? Trades below the bid...
Don't be surprised if we get EOD BS today. Sellers are still not gone.
Is our seller done?
Listen to me, I already sound like a pumper ... shame on me ...
Come on guys and girls, take out those .70s. Only 6 MMs left. If I had any money not already invested in CEMJQ, I would do it myself.
They'll be sorry soon. I'm just waiting for an asset sale PR to show up any moment. Wouldn't that be something?
There is still someone trying to get out. Hope they're done soon.
Today is a good day to play my new guitar and not stare at the computer screen.
Going up from here IMO.
I think the approval of a request for an equity committee is a timing issue. If a request is filed to soon, a judge would refuse it because he does not yet have a clear picture of the asset structure of the company. If a request is filed too late, a judge would approve it unless the balance sheet is upside down. However, in this case an equity committee would only have an impact on decisions made late in the game and might miss out on decisions made early in the game that are important for a positive outcome. So, there is an optimal time for such a request, and I think that time is just about now.
The most recent action is not ALMOST criminal, it IS criminal.
Unfortunately, this is like using your cell phone while driving...law enforcement doesn't give a damn.
We should all get a hobby, so we don't have to watch this all the time. I got myself an electric guitar. If I practice hard enough, I should be able to play along with ACDC at our party in Cabo.
Accounting 101
Those MM's never fail to amaze me. A 500,000 share buy at the ask doesn't move the price whatsoever whereas a 500 share sell at the bid drops the price by a few cents. Crazy world...
No, please no gap up tomorrow. That would just be a reason for the MM's to bring it back down. As we know, they take any chance they can get.
I am all for a run though. I think it will start any moment now.
That's what I am thinking. History seems to repeat itself here.
We actually did fairly well today. Nevertheless, we way outperformed the overall market. IMO, next week will be much better for us. I am looking to start our next leg up. For now, everybody have a nice weekend and try to get your minds off of this and do something else for a couple of days.
I just got in and what do I have to see? Where did all the volume go? This is rediculous. Hopefully we can at least close green today.
There is also nobody buying. MM's can only do this crap when there is no or little volume.
We are in the pinks. We could trade at 0.9999 and still be far away from $1.
Once again, great post jax. Maybe we should make it a sticky. "Do NOT post your buy or sell prices!"