Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I want to make sure I understand what may be happening with the BK process. The 14th MESA will be delisted and waiting for an MM to trade it OTCBB/PINKS. If this happens, is there a certain time frame that this will resume trading and will our shares remain the same and we trade it under the pinks. Then when they emerge from BK is the big question, "whats going happen to the shareholders"? Is this somewhat the process? Also from what I've seen and understand that some of these Q's can make good runs. Just trying to piece things together. Thx.
Thanks for the reply.. I've seen some real wild MM rides also. I'll wait until after the Q and let the dust settle before I make an additional entry.
Based on your opinion and experience, what levels do you expect this to drop after the "Q". Not being a smart a$$, just wondering if you think they will drop this down sub-penny?
Looks that way. I need to average down so I can get out when I hit my initial investment, but will probably wait until it trades under the "Q" - want my average to be as cheap as possible.
What happened to the moderator? Will a new board be in place when the symbol changes?
Jim.... Thanks for the reply earlier.
WOW, what a mess! Any thought on what this will trade at tomorrow or until the 14th?
Thanks for the reply. I'm in so deep now that I might as well just hope for the best. Perhaps it will get a "big" boost to my initial buy so I can get out.
Garymc... Never been down this road with a bankruptcy so it's new to me - lucky I guess. I'm not sure what to make of the current PR (with the stop trading of common stock)? Does this mean the shareholders are not going to get wiped out and it will now trade under a "Q"? Also the comment: (Mesa said its common stock “will not be immediately eligible” to trade on the OTC Bulletin Board or in the “Pink Sheets” market). does this mean trading will stop until they get setup under the new listing?
Thx.
Thanks... it appears there may be hope yet.
Question for you Jim or anyone else.. Since they didn't mention anything about reissuing or cancelling shares, is there a possiblity that the current shares will remain intact? If so, then this could end up being a good long-term hold? Will any additional filings reviel their intentions? Thx.
Does HESG have an email - can't seem to find it. Thx
Very disappointing... I'm shutting the computer off for today - can't watch anymore. Everyone have a good day. Holding for long-term, I hope.
In no hurry - I'm in for the long haul.
Would a .01 -.05 pop be possible before this may occur - if it does?
Understand - thanks for the reply.
I am holding long and think there is great potential. This question may have been answered, but I'm trying to read all the post. Could this still run into the pennies? With all the talk about share exchanges I didn't know if that would effect a good run into the pennies before all this occurs?
You are correct, thanks for the reminder. I think it's time to shut the computer off, then look at it next week.
Not you again!
Any prediction what this may close at today? I was hoping for a run back to .002 this afternoon. It's easy to get inpatient, but patience is virtue.
Bought more this morning and want to buy more, but I wonder how low they are going to drop this. It's still cheap, but once it start's to run again - it's gone.
You are correct - it's the waiting game now. I'm in no hurry.
Wish I had the guts to average down, but I will wait for a while to see what happens.
I agree... I didn't think they would wake it down that much. I was going to average down a bit, but I'll wait on buying anymore for now. I'm hoping for a decent close today?
Good call... I should have sold for a small loss, but was hoping for a pop to .105 so I could get out and ride it down, but looks like I'm in for another ride.
Getting hit hard right out of the gate. Hope this will turn positive later?
It appears to be stalled right now - I guess waiting for news either way. It reminds me of the waiting game like two dogs sniffing each others butts - who is going to make the first move!
I'm holding over the weekend, I think the reward out weights the risk - at least I hope!
If there is potential good news coming then why would you want to get out now? I'm holding until next week - this could pop anytime.
I realize the 50/50 chance here, but I'm trying to stay positive. We'll see how this plays out.
I'm in this so deep now that I might as well ride it out and hope for the best - I guess that's why it's called lotto plays?
WOW - what a lotto play here. Any "opinions" whether they will met it?
Is there a date they will know if the captial requirements are met?
Is the
I'm in at the $6 days - you can do the math, it's not pretty. Not sure which way to go. I can sell now and recoupe a little or take the gamble and may lose it all.
Hello all..been out for sometime and now back in playing the game. I looked at ABK this afternoon and it made me sick. I'm considering sell all for a HUGH loss (which I bought a year ago), but not sure if this will bounce back a bit or keep going down. Any thoughts? I have 45 minutes to decide. Thx.
Well if you an opinion I will glad to listen. I'm in this deep and would like nothing better than to see ABK workout. At this point I welcome any opinions and thoughts.
Well, one never knows (today was a perfect example), I'm going to let the dust settle and see what comes out of this. I'm in so deep all I can do is hope for rabbit to be pulled out of the hat. Hoping for the best. I'm just glad the market is close now, but what concerns me is what good new is there down the road to bring the market back up?
I am MAJOR underwater with this. Is this 180 turn a done deal or is it a proposal? Also can Paulson make this decision on his own or does it have to be vote on? Any thoughts if ABK will weather out the storm? I'm willing to wait.
Built2Trade.. I hope they don't let them fail, but it seems lately that the gov. doesn't seem to care who fails. I'm hoping for the best - it difficult.