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JTX - weeeee
Blockbuster files CH.11 - Read this part -
Under the proposed plan, there would be no recovery by the holders of the Company's outstanding subordinated debt, preferred stock or common stock.
Read more: http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=201009230511pr_news_usprx____ny70177 &title=blockbuster-reaches-agreement-on-plan-to-recapitalize-balance-sheet-and-substantially-reduce-its-indebtedness#ixzz10MJlUKIR
I will be over a group of students peddling drinks at the game. No work for me of course, just supervising.
GO HOGS!!!
AONE - shorts are running
Glad I held.......very glad.
I didn't know him but it is very clear that he will be missed by many here. Our prayers go out to his family.
Took some this morning - nice call!!
Received, thanks.
I can't get your link to work but the filing just confirms they have sold the additional shares they mentioned in the press release to have operating capital.
DSCO huge volume surge - headed to $0.30
RELM 78MM so far - going to keep going up!!!
Another huge cover - 18MM - geez
Had to have been a pre-negotiated trade or short cover - man......
Pre-arranged short cover?
Got some RELM on a volume surge, not sure where she is going....
same here - really pissing me off
MOPN - thought it would take a dip and let me in - dangit!!
Stupid $30 sells - go away flippers!!
I am ready!!
I hope it hurries, this sucks.
Come on CNEX, ugh.
hehe - actually it is 900%, but I doubt anyone cares. Heck of a nice run your group is having. Congrats.
Holding CNEX heavy here - waiting on volume.........
Good luck folks.
What the heck? One board ot enough for you?
No problem, didn't see you online so I jumped in. Hope you had a good weekend.
Check your private messages. You are good to go.
You should be good to go, let me know if you have any issues.
You should be good to go!! Welcome....
BBI earnings were crap - one step closer......
I don't know what kind of glasses you were wearing when you read my response but no one here is claiming that.
Many calls were down at the end of the year. Everyone has their own trading style so we don't measure based on a "buy and hold forever" trading mentality. The reality is most sell on a run and walk away.
The goal for all of us here is to have more wins than losses. The way each person plays their trade is up to them.
Good luck silly......
Chart is based on high from alert. Profit or loss is a function of when you sell versus when you buy. No one hits the sell 100% of the time, I sure as heck didn't.
Just showing potential for success.
Good luck to you silly........
That is a very heavy ask!!
Manipulation - Just added more - :o)
SHIP News
Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP) (NASDAQ: SHIPW) announced today that it has entered into a Letter of Intent with Maritime Capital Shipping (Holdings) Limited, of the British Virgin Islands ("Seller") to acquire a 51% ownership interest in Maritime Capital Shipping Limited, of Bermuda ("MCS") for a purchase price of USD 33 million.
MCS is based in Hong Kong and is a provider of international maritime transportation services through its ownership of dry bulk vessels. MCS was founded in 2006 by unaffiliated third parties, a team of dedicated professionals with many years of experience operating vessels in the dry bulk sector. The company generates its revenues by employing its ships on time and bareboat charters with well established shipping operators. Its current fleet is comprised of 9 Handysize dry bulk carriers with a combined cargo-carrying capacity of 249,236 dwt and an average fleet age of approximately 10.7 years.
Maritime Capital Shipping (Holdings) Limited, a company controlled by members of the Restis family, will retain a 49% ownership interest in MCS.
As a result of the acquisition, the size of the Company's fleet will increase from 11 to 20 dry bulk vessels with a combined cargo-carrying capacity of approximately 1,292,532 dwt and an average fleet age of 12.6 years, comprising of 4 Capesize, 3 Panamax, 2 Supramax, 1 Handymax and 10 Handysize dry bulk carriers.
The acquisition is subject to final documentation, expected to be entered into by the Seller and the Company by June 1, 2010.
About Seanergy Maritime Holdings Corp.
Seanergy Maritime Holdings Corp., the successor to Seanergy Maritime Corp., is a Marshall Islands corporation with its executive offices in Athens, Greece. The Company is engaged in the transportation of dry bulk cargoes through the ownership and operation of dry bulk carriers.
The Company's initial fleet comprised two Panamax, two Supramax and two Handysize dry bulk carriers that Seanergy purchased and took delivery of in the third and fourth quarters of 2008 from companies associated with members of the Restis family. In August 2009, the Company acquired a controlling interest in Bulk Energy Transport (Holdings) Limited ("BET") which owns five drybulk carriers, four Capesize and one Panamax.
As a result, the Company's current controlled fleet includes 11 drybulk carriers (4 Capesize, 3 Panamax, 2 Supramax and 2 Handysize vessels) with a total carrying capacity of 1,043,296 dwt and an average age of 14 years.
The Company's common stock and warrants trade on the NASDAQ Global Market under the symbols SHIP and SHIP.W, respectively.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth strategy and measures to implement such strategy. Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that such expectations will prove to have been correct, these statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the scope and timing of SEC and other regulatory agency review, competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company's filings can be obtained free of charge on the SEC's website at www.sec.gov. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Has happened to me several times...... In the grand scheme of things it won't matter - when they are ready to let it go it will be wonderful!!!
I have my tickets - let's goooooooooo
This stock is a shell at this point - you are looking at 11.8MM shares and the main insiders own about a third if I remember correctly.
Someone has been accumulating this in the past couple of months quietly and the cheapies are gone. When I saw the ask go from around a dime to a quarter I knew it was going to get good.
I just kick myself as I talked myself out of getting 100k at 2 cents to average down to help me get out lower.
This stock is just representing a holding company, the bank was taken by the FDIC. Not sure what is going to happen to the big refund they are due, thought it was worth over $1/share. Hope the holding company gets it.