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Shorts are trying to cover, they ran out of 4s yesterday and I don't think we'll see any today
186 mil vol, 66% gain should set off some scanners tonight
Those 5s are very thin, they were falling fast!!
Open at .0006 tomorrow?
Today's 5s could be looking real cheap tomorrow
MMs have no 4s left, less than 5 mil knocked 2 off of ask.
Hahahaha they don't want to let any 5s go but they're going to have to soon.
No problem, look how fast those 4s fell, breakout coming with the 5s!
MMs trying to hold it back but can't come up with enough 4s. Shorts will be burned today!!!!!!
5s up!!!!!!
5x1
Now 5x2
5x3
Wooooo Hooooo hang on!!!
The ask side has been verrrrry thin here, those 12s won't last.
I wouldn't wait too trying to get 3s, the 4s will fall fast with a little vol and they will be buying 5s.
The great thing about yesterday's action is that it weeds out the weak hands and in a stock like this the longs are always ready to soak up the cheapies locking up the float. You can already see it, look how easily we uptick!
GLTA!
I wish I could but no dry powder. Bid support is getting better, these 14s may look cheap after lunch!
The PR states "on or about" Sept 15, so IMO if they can close this week they are still in an acceptable window of time. GLTU
SEATTLE, Sept. 10, 2010 (GLOBE NEWSWIRE) -- GeoBio Energy, Inc. (Pink Sheets:GBOE - News) ("GeoBio") is pleased to announce an agreement in principle to close on the purchase of Magna Energy Services ("Magna"). GeoBio is planning to complete the transaction on or about September 15, 2010. After closing, satisfaction of certain debt obligations will be required. At closing, Magna will become part of GeoBio's operations - adding strong revenues and profits to GeoBio.
Same with mine at Schwab
Morning TJG thanks for the excellent DD. First realtime L2 on pinksheets, then quickly moving from the CE skull and crossbones to current information, now we see a name change. I wonder what's next, IMO they would not be spending money on these things unless something positive were in the works.
We want everyone else to buy at the ask but when it comes to ourselves we're all cheapskates, lol.
That's not many 8s Xbig, sorry you didn't get any. Also 28+ mil buys and only 8+ mil sells today. Don't take this the wrong way but I hope no one ever gets any 8s again, lol.
GLTU!
Go HMIT!
That's what we need to remember Deer.
Guess I wasn't the only one trying to paint 8 but they snuck that 7 in the last 3 seconds.
Thanks Dooley, since posting I have also found out that Collins is the acquisition with the least revenue anyway. I understand the Magna acquisition is still on schedule.
GLTA!
Thanks Baldeagle, I thought so but your confirmation makes me feel better.
GLTY
GBOE news...
Read the last line, are we being played, or are we looking at dilution?
http://biz.yahoo.com/e/100914/gboe.pk8-k.html
14-Sep-2010
Entry into a Material Definitive Agreement
Item 1.01 Entry Into a Material Definitive Agreement
Amendment to the Agreement for the Stock Purchase Acquisition of Collins Construction, Inc..
On September 9, 2010, GeoBio Energy, Inc. ("GeoBio"), entered into an amendment to its Stock Purchase Agreement with Collins Construction, Inc. ("Collins"), dated March 30, 2010, previously amended on June 1, 2010 and again on July 14, 2010 (the "Collins Stock Purchase Agreement"), for the purchase one hundred percent (100%) of the issued and outstanding capital stock of Collins (the "Amendment").
Under the September 9, 2010 Amendment, the parties agreed to extend the Closing Date from September 15, 2010 to November 30, 2010. The extension is intended provide additional time for Collins to finalize certain of its customer agreements.
Collins, based in Colorado, is a civil construction company that primarily constructs sites and platforms for drilling and reclamation of the site locations following the drilling phase, as well as access roads to and from wells, reserve pits and production facility pads, in the Piceance Creek Basin. Its construction services occur primarily during the site construction and site completion or restoration life cycles of natural gas fields and oil wells.
GeoBio's proposed acquisition of Collins remains subject to receipt of financing for the purchase.
NEWS...
Looks like Collnins acquisition delayed until Nov 30
http://biz.yahoo.com/e/100914/gboe.pk8-k.html
14-Sep-2010
Entry into a Material Definitive Agreement
Item 1.01 Entry Into a Material Definitive Agreement
Amendment to the Agreement for the Stock Purchase Acquisition of Collins Construction, Inc..
On September 9, 2010, GeoBio Energy, Inc. ("GeoBio"), entered into an amendment to its Stock Purchase Agreement with Collins Construction, Inc. ("Collins"), dated March 30, 2010, previously amended on June 1, 2010 and again on July 14, 2010 (the "Collins Stock Purchase Agreement"), for the purchase one hundred percent (100%) of the issued and outstanding capital stock of Collins (the "Amendment").
Under the September 9, 2010 Amendment, the parties agreed to extend the Closing Date from September 15, 2010 to November 30, 2010. The extension is intended provide additional time for Collins to finalize certain of its customer agreements.
Collins, based in Colorado, is a civil construction company that primarily constructs sites and platforms for drilling and reclamation of the site locations following the drilling phase, as well as access roads to and from wells, reserve pits and production facility pads, in the Piceance Creek Basin. Its construction services occur primarily during the site construction and site completion or restoration life cycles of natural gas fields and oil wells.
GeoBio's proposed acquisition of Collins remains subject to receipt of financing for the purchase.
IKTO paying for realtime L2, skull & crossbones to current in 10 days, soon we may be saying "I wish I'd gotten some cheapies under .002". Wooooo hooooo
GLTA
4x2 .001 x .0011. Possible .0013 close? L2 says it can happen.
Only one left at 11, wooooo hooooo
Only one left at 2 now, thanks MT!
Holding and adding, had a little dry powder so I got a few more at .001. Tomorrow I'll be glad I did.
GLTA
You're right SpaceJunkie and it helps keep a cleaner board. I tend to post outside of the TOU when frustrated. I believe in UWRL and hate to see it bashed when we have a down day. I'm long here and look forward to great profits in the coming weeks!
You know it ABC, I agree with Milton I like my chances too!
Champagne on all of us Smit, I like the way you say "when" it happens!