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daytrader probly
someone who thought this would be at .04 before they closed for the weekend, wanted to get rid of it so they didn't hold it long.
i own fccn too...balance is good for a stock's price. balance shows that it *could* go up or down. if the news is good, the stock moves up... I don't want anyone spilling nasty rumors & stuff to drop the price but I don't think what aj said was nasty or overly negative - it provides balance. unhealthy pumping is not good for a stock. look at the rest of pinkyland. not EVERYONE loves F or MSFT - that's GOOD imho.
when longs are transparent, nobody cares - because ALL longs seem to be pumpers. :) when anyone goes to even neutral, they're a basher? nobody got on the pumper earlier - there's a LOT of pumping going on here - justified or not. woa.
maybe
I got 15k filled immediately on open though.
I'm in! :)
that's because I keep changing my freakin bid because the ask keeps moving. :-P LET ME IN people! haha
My thoughts (& $5 gets you a starbucks wakeup)
"1) The 10K will be out sometime tomorrow.. while they were shooting for pre-open it really depends on when the Auditor review is complete and the sign off is given for them to file."
I hope they shoot for 15 mins post-open so I can get a bit of a load on. :)
"2) The filing will be followed up by a PR which should announce the filing and emphasize and perhaps clarify some of it's disclosures.."
Bump, followed by bump - should keep the flippers off til next week. At least the smart ones. No promises on retail.
"3) The close of the merger is currently planned for sometime next week.."
Followed by another bump - three bumps, one week, at least we know when to sell if we're not in this for years. lol
"5) 4 days after the exchange, the 8k will be filed.."
lol Predictable bumps is bad - I hope their timing is off slightly to mess with people. haha
"call me a pumper, I DON'T CARE!!!"
You're a pumper! hehehe Someone had to do it.
calm before the storm here today? :)
The deal was rescinded and the rescinding PR said "The shares of CAL-BAY International, INC. will not expire on October 1st, 2007 as previously stated."
http://biz.yahoo.com/e/070918/cbay.pk8-k.html
zica please?
I just started following ZICA and I see the breakout but wondering if I'm too late - wondering about a chart for this one?
Thank you! That's what I didn't know.
short interest
I need an explanation from someone. As far as I understand it, short interest is a rolling average of daily short position in a company.
This is what pinksheets.com shows for CBAY:
Sep 27, 2007 751,867 -4.61 27,272,682 1.00
751,867 & 27,272,682. Is that shareholders, shares? The average short has around 4 mil shares and the stock is shorted 27 mil right now? A nice number, 10x my investment, but less than some individuals have here. MOASS? Uhmmmm
Sorry TPL - I'm *actually* on your "side" in cbay - I'm long and I want it to zoooooooooooom! :) My point, if I can have one, is that the WH bashing wasn't really productive at all. There are MANY valid reasons we may think CBAY could drop the first being that he tried to sell the company to his brother for $10. lol
The transactions to purchase stock happened *after* the LNOX thing was rescinded - or at least most of it, right? What's up with that? Face it, right now, none of us have the answers and if we did, we'd own 0 or 100 mil shares. ;)
M
first of all, I'm not a lawyer but I know some law. Here - I'm moving forward for ya:
SAMUEL WILLISTON & GEORGE THOMPSON, SELECTIONS FROM WILLISTON’S
TREATISE ON THE LAW OF CONTRACTS § 64, at 77 (rev. ed. 1938).
the doctrine of nominal consideration has always allowed courts to undo a transaction when the
value given is insufficient to support an inference of real bargain.
---
State of Vermont:
(a) Nominal consideration. A transfer for nominal consideration occurs when the sales price of the real property is significantly less than its fair market value.
www.state.vt.us/tax/pdf.word.excel/legal/regs/19601.pdf
So that's 1938 and 1979. 79 is pretty recent. I don't have a subscription to Lexus or Westlaw so it takes me awhile. lol
Technically there are times it can be & times it won't be. I'm thinking GIFTING a company with $65 million in assets is probably one of the times it wouldn't be if someone challenged the contract. Look at why they rescinded it - not enough value.
"The reason this deal was terminated because the company did not consider the payment sufficient for the company's assets being purchased."
"What is of value will be decided by reference to the intention of the parties; thus, the inclusion of nominal consideration will not prevent an informal gratuitous promise from being a gift (Milroy v Lord (1862) 4 De GF & J 264, CA in Ch)"
nite closed out?
lol
you readily admit to wanting it to drop to 1, you come trash it repeatedly, and then you want to know if we give a poo about your other stocks?
erm...nope...not really.
agreed - too many MMS making a slow moving market for this right now - need to get some interest and some fresh $$ - I am definitely working on adding more to my own positions & hope everyone gets some 2s or 3s before long. :)
we may get a big ole reload instead of a nice run today. sets up nice for EOW.
just set me up a niiiiiiiiiiice order for some 2s. lol
I hate lunchtime
why do they eat from 1 til 2:30 and not 12:30-1 or something short & mid day? lol c'mon!!!
whoa - who hit the 2s?! lucky!
after you do that, call out the shortys.
TPL just wanted to be CEO for a day.
Now file your form 4
Kreskin Says....
3s are going away, 4s will be here shortly, maybe to stay.
i was born the year his show went off the air according to wiki. ;)
haha gotcha - I looked it up after I posted. I saw "library of infinite wisdom" and thought "hm, maybe? I hope?" lol
I just wanted to post some guesstimates for checking later. We'll see if any of it is accurate at all. lol
I don't understand the question?
let's see how well I predict...
I'm guessing we'll get back to 4s today, 4x11 .0003-.0004, around 350 mil volume.
guessing sbsh drops off the 4s and ends at 5 or 7.
guessing we also get another form 4 - from that 25 million at .0003 earlier today.
argh! moronic play this am
I played more cbay at 3 this morning instead of another stock. the other stock is up 500% SONOFA!
Now I have to wait to get filled in that one with new funds at the low price if it EVER goes back...
Oh well - Cbay will run....I'm not worried about it but frustrating! haha
floodgates open at 3 - 25 mil volume in 3 mins.
i may bail....
at .04 ;)
hill doms ssgi & fagi
ALL going to be tough KOs today.
pinks don't need to file forms. They do sometimes. They don't have to, right?
capslock not necessary - I understand your concern. I'm concerned about it but when I think about it, it hasn't happened YET.
Even if it does in the future, he would own 33% or 450% not 9% which makes me happier. Make sense?
did you get a notice on Sept 20th to transfer your shares to the exchange agent?
yeah me either.
six on the bid at 3
.0003-.0004, 6x12
serious question about what tj posted
This:
http://www.sec.gov/Archives/edgar/data/1142526/000114252607000019/form8kreversesplit.htm
It says a WHOLE lot about "exchanging certificates" - can someone read it and see if you can make sense of it? Someone with experience in R/S or F/S preferably?
right - and since the announcement, my number of shares hasn't changed.
ETGP did a R/S and my share # changed. ALL splits have always changed my share # on AMTD after a few days.
So if I had 1.5 mil shares on 9/1 and the announcement came after that for 1000-1 F/S and I don't have 1.5 bil shares..........
there's no way he has 9%. He either has 450% or he has 33% (41 mil or 6 bil O/S) I understand what you're saying (if he was buying shares after a r/s but the 1000 to 1 never happened or we'd all have 1000x more shares, right?
10 mins no drop to 3s - maybe the MMS are serious at 4 this time. lol
sbsh is still playing MM games - trying to get the rest of them up to 5 or something - "look at me look at me!" with all this jumping around.
no - delayed