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Thanks!!
Can someone tell me if all the Form 4's filed by CNO tonight are buys or sells? THX
Can someone tell me if all the Form 4's filed tonight on CNO are buys or sells...there's like 8 or more?
I think its fishy that only bloomberg has been covering this all along. It can be too easily manipulated...this is JMO, but I smell b/s.
I think their purposely trying to drive the pps down. Look how much buy is going on in the .80's. Any other stock would be sitting at .05 right now. JMO
I dunno, I had to reset my computer and the pps was at 1.06, when I looked at it again it was .72 and I had news on my screen. I justed copied and pasted..it's b/s!!
It's on my fidelity streamer..
BankUnited bidders said to seek receivership, Bloomberg reports 05/14 11:19 AM
Bloomberg reports that according people familiar with the matter, bidders for BankUnited Financial (BKUNA:$0.8489,$0.0889,11.70%) are asking federal regulators to put the company into receivership before selling its assets, a step that could wipe out shareholders
I think their buying the shares in the open market as we speak..call it a hunch!! GLTA
BankUnited Auction Extended As Thrift Scrambles For Capital 05/14 07:56 AM
NEW YORK (Dow Jones)--The auction to find a new buyer for struggling BankUnited Financial Corp. (BKUNA:$1.13,00$0.37,0048.68%) has been extended until next week, according to a person familiar with the matter.
Bidders were originally asked to submit their pitches to the Federal Deposit Insurance Corporation by noon Thursday. However, that deadline has been extended to next Tuesday, the person said.
The thrift, based in Coral Gables, Fla., warned on Wednesday that it could be forced into receivership by the FDIC if it failed to raise $1 billion in fresh capital. BankUnited also estimated a massive loss of $443.1 million for the fiscal second quarter, according to a regulatory filing.
Two likely consortiums have emerged as acquirers of BankUnited, but neither would confirm that a bid has been submitted.
Canada'sToronto-Dominion Bank (TD:$40.9600,$0.8100,2.02%) has teamed up with Goldman Sachs Group Inc. (GS:$131.0000,$1.7400,1.35%) to buy the thrift, according to another person briefed on the matter. TD Bank would take over the branches and deposits, while Goldman would take a nominal role buying up some of BankUnited's distressed assets, the people said.
Billionaire investor Wilbur Ross'WL Ross & Co. has confirmed he plans to put in a bid through a consortium that includes private-equity firms Blackstone Group (BX:$11.3600,$-0.2700,-2.32%) and Carlyle Group.
There has also been speculation that JC Flowers & Co., the New York-based investment firm run by J. Christopher Flowers, also might be interested. A spokesman for Flowers wouldn't comment on talk of a bid, and his attorney didn't return telephone calls.
The FDIC declined to comment.
-By Joe Bel Bruno, Dow Jones Newswires; 201-938-4047; joe.belbruno@ dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http:// www.djnewsplus.com/nae/al?rnd=lqurHzy54Ksoo8yrPNKWxA%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
05-14-090956ET
Copyright (c) 2009 Dow Jones & Company, Inc.
I think we'll have news a/h or before market open tomorrow..jmo
What a f'n joke, can't wait to see the offer this is making me think it's better than I've heard..GLTA
Gap is officially filled at .72, just happened!!
Won't be surprised. Hated that looming over my head all day!
I think its just trying to fill the gap from yesterday. I hate gaps..b/s
Boy their doing their best to hold this back!! Pressure building for an upward swing!!!!!
HERE WE GOOOOO!!!
Market bleeding out its arse...sucky day!!
Well we've traded almost 20% of the float again today. Who would want to buy all these shares this low. They dropped this over 30% yesterday in AH on less than 1/2 million in volume after it took almost 16 million to get it to 1.6. This isn't an accident, but has also presented a great oppertunity to those who have some guts. I feel 100% confident I'll make at least 300% on my money from this level. TIFWIW...GLTA
ALERT: AHR reported much better earnings than consensus...(.80)
Anthracite Capital reports Q1 EPS 27c vs. consensus of 19c
Hey Chart, huge buying oppertunity on CNO this am. Their going to fill the gap from 2.69 to 3.05. I'm glad to see it for the sake of the chart..GLTY
Lets just say he lives in FL and leave it at that. I won't post on it again, I feel no need to convince anyone. Not trying to be rude, I hope you understand....GLTY
Ran out of posts yesterday and was laughing my ass off watching the deliberate take down of the stock. My source tells me the bidding is up to $5 so I bought another 30k shares. Thank you to whomever sold it was very gracious. Anyone who couldn't see the manipulation yesterday should stop trading stocks. Take a look at DNDN and the b/s that happened a few weeks ago. Yesterday was very encouraging and I bet we finish over $2 today..GLTA
BKUNA about to break 1.50 wooohooooo!!
BQI coming back...BKUNA at 1.37 insane!! CNO moving back up again too...:)
Market sucks azzz today. BQI will break over 1.30 this week. I'm a pretty patient person when things happen fast..:)
A lot of good PR's do when nobody gets them!! Company needs to pull their heads out and hit the main stream...GRRRR
lmao...just thinking the same thing. It'll finish green today..:)
Gap at 1.04 on BQI finally filled, should start moving!!
Yep, just profit taking from those who bought lower. Just remember how fast KFN shot up once it had consolidated and broke resistance..GLTY
BQI going to pop soon, this stock moves really fast once we break through resistance!!
FF03 hell of a day thus far...GLTA
HEY BLUE, BQI should be big today and this week..1.07!!
In BQI (15000 shares) at 1.06
BKUNA up to 1.50!!
Not to dog the stock, but I think it will fill the gap within 30 mins of open. I'll buy then...GLTY
Thx, I plan on buying some MPG today. Would have yesterday but money hadn't settled. GLTY
Wow, posted BKUNA on this board at .30 and it's at 1.10 this morning in pre-market. Buyout should be announced in the next day or 2..just a heads up..GLTA
John Kanas leads bid to acquire BankUnited, Bloomberg reports 05/12 05:36 AM
The former CEO of North Fork Bancorp, John Kanas, an adviser to Wilbur Ross, is leading a bid by WL Ross & Co, Blackstone Group (BX:$12.64,00$-1.20,00-8.67%) and Carlyle Group to acquire BankUnited (BKUNA). Under the plan, Kanas would run Florida's largest lender. Sources say Goldman Sachs (GS:$135.78,00$-3.81,00-2.73%) and Toronto-Dominion Ban (TD) are considering a competing officer, while J.C. Flowers & Co may also have interest in BankUnited. [Reference Link]:[http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akyjmTBMQY2I]
If we can get through and hold the 200 day ma, this should move up to $5 pretty easily. Today was great volume and once this gets over 5 we'll start to see institutional buying which will make it sky rocket!!
I personally think this will be over $5 in the next few days/wks. I've been holdin since .75 and I won't be surprised if we hit $10 in the next month or 2...GLTY