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hope others on this LOCM train
ZVUE really going noow
no i doooont, dohhhhh, i didnt see this next leg coming, still made some money though, awesome play and call by you
LOCM loooking sweeet, loving the CEO comments
"LOCM's CEO Heath Clarke said he believes the company is an acquisition candidate for a bunch of firms and that Yellow Page, Newspaper publishers have approached it."
patent=solid, shorts getting killed, could gap to 14-15 by tomorrow.
, 12 could be just a start, ive been scalping all day but holding LONG now, i think 13+ tomorrow, majoooor gapper alert!!! Yellow page and other already approaching, LOCAL MOBILE SEARCH STOCKS ARE HOT NOW
DAGM, ZVUE, maybe even UPSN on the OTC
LOCM gonna go crazy, 13-15 around the corner, CEO statement!!
LOCM's CEO Heath Clarke said he believes the company is an acquisition candidate for a bunch of firms and that Yellow Page, Newspaper publishers have approached it.
FRom REUTERS
Any thoughts on BCON 1.38x1.39 noow
yeah maybe great short from 11.60 to little under 10 now possible then time for next leg up, this one is a MOnnnnster.
anyone in SSGY on name change, etc, Spread just tightened up big time, was .10 x.78 now .78x.83.
Man guys i know penny market been hot but im alll on this LOCM, very nice trading and money to be made. i was donkey left out fo this on friday for most part, first trade today 9.50-11.24, my attempt at scalping continues.
That is 2 very big parts to this, first is to see how shares will be exchanged/transferred between FZON and BLLN and in what time period will that happen. Also it is highly optimistic to think that neither Restricted shares will be issued or a R/S will take place. I am more scared of a straight up R/S happening for BLLN due to Shares Outstanding: 657.32M and the
Float: 642.92M. AS we know many companies will say they are issuing a R/S for future benefit as it will decrease the shares and make share price more attractive to investors, institutions, etc. Also for BLLN to own 80% of a company that has a B/A of 1.50 x 10.00 that is expected to go higher makes u question how share transferring or ownership is going to proceed. However, there are some other sides to be considered.
After reading the article, it states that BLLN will own 80% of FZON but that does not necessarily mean it will directly apply to our share holdings. It is practicle for us to own BLLN while BLLN owns a part of another entity. That just means our holdings/value can be hopefully partially based on FZON pps and their performance. Example, lets say that once QTRAX merges and becomes operational under FZON shell that they have a low OS somewhere around 5-6 million and once operational FZON has a pps of 5.00. BLLN might own 3-4 mil restricted shares at whatever price was agreed upon prior. I know im ignoring total authorized and preferred shares but do u catch my drift. Very possible to be a very low float company with mass potential that BLLN owns 80% of without affecting our current situation. Also this could set us up for the chance of BLLN with its new growing/emerging position to possibly retire or buyback some of our shares currently. Although this situation is ideal it is often not practical b/c of other constraints.
A PR and a submitted 8-k would do wonders to help us figure out which way things are going. On one hand im very excited as Qtrax has all 4 major labels behind it and its potential is huge as it will have more selections,etc than I-tunes and be free of charge. On the other hand Im wondering why FANC shows up on ask occasionally and sells like crazy. I have a position here and for now i hold it as a gamble. Either we get some good news with a good 8-k and no R/S and we run like crazy, either we run leading up to a future announced R/S, or a R/S is announced and we are screwed for the short term. However, if Qtrax starts spreading its word etc, this could be one that actually benefits from a R/S. However if a R/S is announced i would most likely lean towards acquiring a position in FZON. I hope we have no R/S and BLLN runs liek crazy and retires or buys back some shares. A buyout very well could be in the cards as well b/c of competition in this industry plus implication of Free approved downloads and access to all the music from 4 major labels. Next week should be interesting. GLTA
u think it will be able to go higher than this 1.35 mark?
"Under the terms of transaction, infoUSA will pay $1.35 per share of Guideline common stock, in cash, and an amount equal to the liquidation preference and accrued dividends for outstanding shares of Guideline preferred stock."
SHWK going to be a real winner in tiiime
Im not assure but i would assume so, i just finally met up with old chat friend, guy who gave ctum .04-.75, He joined another room and now i finally met him again. He told me to radar and obtain position in DKGR, he said try for bid for now. I think DKGR float is high so they must have some info if they playing this, iunno
Anyone in DKGR or have some in the pile??
news was supposed to be out monday, u know when we can expect it now?? FZON has no B/A , BLLN has huge float and FANC on ask, lets see if news can help
I understand, I said sorry, did not know your that busy, etc, I dont want u to miss anything or stop your DD bc of what im asking. Cool? or do you want to keep pounding this issue and not accept a sincere sorry??
BLLN or FZON, article below from NY POST
BLLN current .0175, FZON 1.50
https://www.nypost.com/seven/06252007/business/file_haring_business_peter_lauria.htm
In a deal expected to be announced today, parent company Brilliant Technologies plans to spin out Qtrax and merge it with an entity called Flooring Zone which will serve as a shell company so that the file-sharing service can be traded publicly.
After the deal, shareholders in Brilliant Technologies will own 80 percent of the new company and 20 percent will reside in public hands.
Gotcha, Wooo sorry just thought u might have had it on top of your hand and was advised to ask your opinion by Ed. sorry.
what is share structure, current OS now?
SL, PM sent!
BLLN or FZON, one of them or maybe both is going to be huge, NY post article below,
https://www.nypost.com/seven/06252007/business/file_haring_business_peter_lauria.htm
SSP, big question here, okay below is a link to MOndays NY POST with this article and the following excerpt i posted below, just wanted your opinion. THe key here is BLLN-Brilliant technologies .018 parent company but FZON is otcbb 1.50 looks to be shell receiving Qtrax. Hoep not confusing, was just wondering if you could see article and in your opinion which is the play BLLN or FZON. thanks
https://www.nypost.com/seven/06252007/business/file_haring_business_peter_lauria.htm
"In a deal expected to be announced today, parent company Brilliant Technologies plans to spin out Qtrax and merge it with an entity called Flooring Zone which will serve as a shell company so that the file-sharing service can be traded publicly.
After the deal, shareholders in Brilliant Technologies will own 80 percent of the new company and 20 percent will reside in public hands. "
WANG on vacation for 2 weeks and yes he is holding.
NIce call! looks like your taking out the school bus with your profits, ahaha
http://i113.photobucket.com/albums/n230/typ8lbb/11212482941973jv.jpg
AWYI bid building .0042x.0043
yuuup, i just get pissed at bid whackers, i never join them, hoepfully we can keep going here, looking good
crazy how they take AWYI down on such low selling volume compared to buys yesterday/today . makes u think what the hell was the pupose of sucking up all the .005 that they did
how can they take it down on such low selling copared to all the buys we had and all that was sucked in at .005
dammmn looks like old times with bid whackers showing up, what u think, do we have any gas in tank for another push?
bounce has to come here i would think
Agreed, have to hold and get through lunch to see where this can really go
yeah this ones tough to tell, have to hold through lunch shake to see what happens
AWYI, u think we can get enough steam to break through .006 after lunch?
AWYI .006 break is huge this time, i think we will slowly nibble it down afeter lunch
someone just hit it again i think, im loving the accumulation. our day will come
interesting, CARR on ask at .25, if he gets active then others will follow considering he owns the shell.
vcty volume starting to come in now, .01 break would be nice
lunch time and bid strong as hell, looks like HOD will come down after lunch granted no bid whackers come up, i would think most would have left already in lower .005 range.
agree, ill take green whereever and however, just like u said getting a good entry early is the key. Promo plays can have great liquidity and often makes us some easy money.