Searching for the next 500% stock
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I agree this was his last chance to shine..
He got tossed from GS
He lost his reelection for Gov. of New Jersey
Now he just bankrupt a nice company
Not sure how much more credibility he has, but I think he is on his way back into politics
And he gets to walk away with $12M package...
ITS OFFICIAL, MF FILES FOR CHAPTER 11 BANKRUPTCY
SHort covering should bring this back over $2 by close. Tomorrow could be another big day for the markets and MF. All the news being absorbed
Dont worry, watch for the buying frenzy by eod
great find, so management is more than familiar with how the process and benefits works.
NEVERb a good thing when auditors have to postpone financials. WHY, some numbers must not be adding up. Guess tomorrow wont be a good day for SAPX
Anyone of them is a good term...eom
Here is the definition of the word SALVAGE for those who dont know
Salavge:
• SALVAGE (noun)
The noun SALVAGE has 3 senses:
1. property or goods saved from damage or destruction
2. the act of saving goods or property that were in danger of damage or destruction
3. the act of rescuing a ship or its crew or its cargo from a shipwreck or a fire
I did, here are some snips, thats why I was scooping up the sellers shares....
Buyout basically approve by companies, just need judge approval
it has simply been accepted by the company on behalf of the remaining entities. The court is the only entity that can ultimately "approve" the transaction
The company intends to put forward a plan of reorganization to salvage the public shares
There aren't really challenges, per se, to emerging from bankruptcy after the assets are purchased and vacated from the public shell. All of the confusion regarding the public shares and the equity holders is a separate issue from the asset purchase agreement.
The court date on the 24th will be a BIG DEAL once the judge gives to OK. We should move up until court hearing, this stock is oversold on low volume
We are just waiting for court date to put it in stone. The 24th is the real deal. We can expect what will happen but its up to the judge and more than likely judge will approve
You can use TDA, which has OTCBB stocks on them. You get several free services such as FRee real time L1, L2...etc if you make at least 10 trades every quarter. Its been great to me.
Notice how 70K shares went thru at the ask and PERT still sits there with 810K shares....oops just moved with 50K but PERT is not for real.
In any case if we destroy those shaes from PERT I think we are off...
Watch how PERT will just disappear with its shares.....fake wall. The .0099 will crack, still looking for a close above .0135
Correct if you checked on the amount of companies which is Incorpoated in Delaware compared to the same companies actually being there you would be suprised.
People on this board knows a lot more than you give them credit for. You will see where this goes very shortly. The buyers usually come in around 2pm then most here watching the price would say I should of bought more. The .008's is a know resistance with this stock. What you are talking about is irrelevant of what is happening.
I called the tops and bottoms of this stock quite a few times and I tell you .0082 was the low for today and the price per share will close up from here.
This stock is a late day runner, usually nothing happens in the morning but with so many onboard we see so mmuch activity. During the second half of the day we always trade higher.
People selling because its too slow, and people like me taking advantage of that. Its all a game, just know how to play it. Lets rock guys. Once the 24th comes and goes, the Q should drop fairly quickly. maybe another run starting on Thursday as court day may be hastened to drop the Q. Jason also said he will possibly drop a note.
See, you have to think outside the box....the nervous ones are the ones thats out. People selling just locking in profit and trying to get back in at a lower price
I posted yesterday this will get back to .012, where are we? Do you think its because of me.....Dude just learn the trading pattern and anyone can make money on that stock
Look at level two, its not motives its whats there. You must just be getting into this stock. I've been here for months and just know the trading pattern thats all. I wish all here the best....a good bunch of guys on this board
Not looking good this morning. I told you guys we still have 2weeks until BK date. Profit takers that was not able to get in on the action last night has set there sell orders.
The next run will be in a week, maybe after the 24th court date
.017 has been the resistance level during the last 3 run's. Always backs off there....it will get back to .012 or lower and wait for more news. Maybe something for the 24th. The PACER news was great but company still didnt say what to expect. Lock in profits for now...
I think we dip back to .012's before taking off again. Even though the 24th might not be relavent anymore, we are still 2weeks from BK date. Thats where the real run will come in. (once the Q is dropped)
I think when people come home and see the price up here they will sell first thing in the morning to lock in some gains. Only right if you ask me. The MM's will take advantage of this and bring us down.
For real, I sold 40% of my holdings at .0142 for 150% and then it just took off. Will hold my remaining 60% until....
If you guys want to make money on a lottoplay, atleast play one with better odds.........VMSYQ
Didnt they already have two objections "stated Jason". The 17th is irrelevant because objections was already filed. Secondly, Jason stated that he knows exactly who will/has filed. So the next main event is on the 24th court hearing. We should hear something by the 25th either by PACER or by Jason himself. After that we have the 31st which is bankruptcy court date.
I would love to see this email as well....can anyone PM me...please
People have to realize that Jason will respond to your emails. Everytime I have sent him a email he responded back. Whats hard not to believe, just try it and you will see. I understand some here tries to manipulate with fake emails but then we should all know who's into VMSYQ and who is NOT.
Just got to checking msgs, dont know if it has been done already but why dont you just post the email. Thats what I do and Jason is quite aware of it. Leave it to the individuals to believe or not believe.
You are right about that but we have been up nicely and to be honest, we are too early on the run so it will bounce around for a while before next week. Not worried tho, people had to take some profits....sure they will be chasing to get back in by next week.
Guess we have peaked for the day, the .012's are proving to be hard to get thru. Maybe we dip back to reset charts and take another run at it tomorrow or next week.
Uh Oh!, PERT just moved about half their order on the ask....dont trust it
QUESTION:
What broker uses PERT? OR is it Institution ONLY?
WHAT! How dare you lock in some gains...lol. Thats sir is proper trading.
I would agree with that. I mean we are still a week and a half away before court date and we are already over .01. By next week this time the normal traders will come back here for the court decision and run her up some more "like usual". The only difference this time is that we should crack the .02 - .03 barrier on that run.....Not worth flipping, will hold until the 24th atleast then reevaluate the situation .
PERT moved their 660K to .0143, so guess we would move closer to this number before resistance...
They finally got taken out, 5K til .012 showing. Unless the order is huge we will prolly see some .011's come in