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.
Very slow today everywhere. Found this post on another board.
Posted by: i_like_bb_stock
In reply to: None Date:7/30/2007 11:02:49 AM
Post #of 1051371
@ 11:00 EST only 29 otc/pinks with at least 100 trades, have never seen it this low wow
Very slow day for most today.
I'd be happy with that too!
Thanks max2205. I just didn't want people to think that the close was painted when I knew for a fact that atleast one of the four buys were mine. I think it was due to MOMO and if we had another 15-30 minutes of it before close I believe we may even hit .0009. The other 8's were probably partial fills that didn't get filled at 7's, that would explain the small amounts. Hopefully we can open Monday with some buying pressure and this won't ever see 7's again! GLTY!
The 200000@.0008 is mine, if that helps any. Been hitting the ask every day this week at EOD, trying to help push it.
Status Action Quantity Symbol Type Price Act. Price Expiration Reported
Filled Buy 200000 WNSH Limit 0.0008 -- -- 15:59:13 07/27/07
Order No. 3071661973 Winsted Hldgs Inc Com No Par Entered:15:59:08 07/27/07 Reuse
What are you showing?
6X6 on TDA for the last hour.
I think this deserves a re-post!
Posted by: ciccio
In reply to: None Date:7/25/2007 10:48:21 AM
Post #of 16894
NEWS!! Buyback PR - ALL COMMENTS !!!
First, Management is SMART SMART SMART !! (and True)
This is the kind of news that makes stocks go up. It is indeed a real buyback (not CEO getting a bonus) but a buyback because company feels it is undervalued.
I do have an MBA and an MA and this PR just says it all...
I do expect more better PR to come one...
Having this PR out First means two things !!
1) CEO is not lying - he is serious and thrustworthy - this PR confirms it
2) CEO is clever - The company wants to grow...and it is... before issuing PRs with actions, manangement wants to make sure they do a buyback so the positive inpact is felt by the company first and most !!
3) all companies coming together agree on their actions
4) Ellis i truely OUT OUT OUT
5) 8K might be coming soon! its official now..
6) the deal is definately done... buybacks happen ONLY when comapany is 100% sure future is bright....
7) --> ' However, it can be completed at any time during the effective period starting today. ' - this says it all to me !!
meaning = we are willing to buy it all at once = wont take longer then a year (just in case something happens)... Awesome...!!
8)---> "The repurchased shares will be retired from the outstanding to the company treasury." ---> best way to increase PPS and company value... simple Supply/Demand Economics (not Fibinacci, chart, MACD stuff anf frills).... AWESOME !!
9) --> ""former CEO Mark Ellis is no longer involved with the company, nor controls any shares, common, or preferred."" --> As Expected - confirmed and now documented... this means buyback will happen SOON !!! Awesome...
10) Legally Binding Statements:
a - the company plans no 504 registrations, or other dilutive capital raising programs
B - no reverse splits due to Ellis actions !!
since now publicly stated and SEC is involved - I rest assured these are True - you cannot like to SEC about intentions... !! NINE!!
Basicly I almost eliminated all tactics that companies usued stab back shareholders... I dont see any realistic ones here...
11) EDGAR:
"" the company is currently working on becoming current with their quarterly and annual SEC filings."
WOWWWWW !!!
http://www.secinfo.com/$/Search.asp
http://www.sec.gov/
Access all Files here.. !!
this filing might take a while, 3-4 weeks max for such a small company... but once in SEC... the PR will be the best one can get !!!
12) last 10 day volume justifies all this... today 140 million trades in 15 minutes !!! wow..
there are tons of other reasons... but have to go back to work...
My Background:
Yes I do have a Masters, and MBA from NYS, and member of International Finance Society, I m published in Academic Journals and did some good research on Investment Banking and Law etc etc.. altough not on pinkies - but real companies... I m a nerd... and have nothing to hide... And yes.. this company is true !!!
Now I can challange ANY Basher In Here...bring it on !!
Jim Cramer - BooYahh... this stock should beon Mad Money tonight if it wasn't a Pinkie...
===============
Winsted Holdings and Appletree BDC Begin Share Buyback Program and Issue Clarification
Wednesday July 25, 10:18 am ET
NORTHFIELD, Ill.--(BUSINESS WIRE)--Winsted Holdings, Inc. (Pink Sheets:WNSH - News) and Appletree BDC Inc. announce a share buyback program effective today.
ADVERTISEMENT
President and CEO Francis Manzo stated, "In the interest of creating shareholder value, Winsted Holdings announces its first share buyback program. The company plans on buying back up to 360,000,000 shares in the open market, to be completed over the next year. However, it can be completed at any time during the effective period starting today. The repurchased shares will be retired from the outstanding to the company treasury."
Winsted reiterates that the company's former CEO Mark Ellis is no longer involved with the company, nor controls any shares, common, or preferred. Appletree now controls all preferred shares. Additionally, in keeping with the strategy of Winsted being a business incubator, the company plans no 504 registrations, or other dilutive capital raising programs. Also, no reverse splits are planned due to both managements direction for the company and the SEC's investigation of the former management's potential violation of Section 23 of the 1940 Act, in this regard.
Additionally, the company is currently working on becoming current with their quarterly and annual SEC filings. We will be uploading files to the Edgar system as soon as possible.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as WNSH or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Contact:
Appletree Capital Ltd., Northfield, IL
Francis P. Manzo III, President, 847-441-1822
http://www.winstedholdings.com
info@appletreecapital.com
Source: Winsted Holdings, Inc.
Good Job Clarity!
GOINGUP11! You know that "letter of interest" link I asked you to look at I had asked you to read, it has now been taken off of their website. HUMMMM!
Stervc, Thank you for acknowledging our thoughts, just trying to figure out what companies are merging. I trust your opinion, but I'm not sure if I am following correctly. Is this based on the same idea that I had earlier about Gaeacare merging with Microbics and their subsidiaries? (Post#16061 and #16063)
GOINGUP11! You may have just answered, "How did Appletree and Ellis meet?"
He was an original marketing team member with i-STAT, Inc, http://www.abbottpointofcare.com/istat/ Princeton, NJ, the first commercially successful handheld blood gas analyzer company, where he managed an implementation team marketing Point of Care testing to hospital and IDN laboratories, directly and through co-marketing ventures with Hewlett Packard, and Abbott Diagnostics.
http://www.zoominfo.com/Search/PersonDetail.aspx?PersonID=-86620
I don't believe they are related. He had asked me if they were, but I was speaking of Sub-Surface and Microbics.
I couldn't either, that's why I posted that question earlier. I'm not sure if this has any connection, but it made sense.
If this is the case it would be nice if Appletree could keep them all together. Maybe we will hear more soon to confirm is this is at all connected. Both Appletree and Microbics both have mentioned that they wish to provide profitable growth for their shareholders.
It appears to me that Microbics may want full ownership, at this moment Sub-Surface(SSWM) only has 10% ownership. They (SSWM) are a subsidiary of Microbics(BUGS).
http://www.subsurfacewastemanagement.com/
I apologize it would not let me post the letter of interest. You will have to click on the link, then click on news and go to the April 24th posting.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=WNSH#openEdgNews8259233
I came across the following and please use your own judgement, I am just noticing a POSSIBLE connection that may be of interest. Let me know your thoughts.
Gaeacare Syndicate Partners-90% owned by Winsted
-10% owned by Sub-Surface Waste Mgmt, a subsidiary of Microbics Company.
The following are individual postings from Winsted and Microbics concerning a letter of interest and a letter of intent. As you read the articles, please notice the dates on them and the information provided above. Microbics has stated that they wish to not mention the company of interest and they wish to complete this transaction by September 30th.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=WNSH#openEdgNews8259233
http://biz.yahoo.com/bw/070427/20070427005090.html?.v=1
I think I may have something, I will post soon.
This may seem like an odd question or may have been brought up in the past, but has anyone heard anything about another company being interested in acquiring Gaeacare, owned by Winsted?
Yes I know, not excited about that! Mostly looking forward to the football season itself and seeing how some of the recruited talent does!
Yes! Very excited about this season!
We have a draw! No one else selling and buyers waiting for 6's, isn't going to happen. Looks like they need to set their buys at the ask and lets get on with it!
8's are back!
There was an interview on Bloomberg today with the CEO of TDA and he mentioned that they have been in discussions for the last three weeks of a 9th merger. He would not say at this time "who with", but the topic was mostly about how trading had been up and investors were pushing the issue of being more competitive with eTrade. This whole thing had come into my head also about TDA because of the timing of the INXR launch and they could be waiting to see public response to the product. Just an idea to toss around, but keep it real!
It's www.appletreecapital.com with a "al".
I say we wait on news, lot's of speculation.
I think that was MAANI this morning that said that, but I may be wrong. Something about a birdie!
FRAN is a good thing, right?
Good call. I haven't jumped in yet either, just keeping an eye on it.
I agree MM games. GEGP not looking slow though, volume almost at 200,000 and market hasn't even been open an hour.
Here is another article I found based on yesterdays report. Manzo seems to of acknowledged the fact that Ellis has taken advantage of investors and wants to make things right. It appears that when Appletree took over they were contacted by several investors last week with excitment. Someone should contact them and ask about, "What their future intentions are or do they have a time frame of when that announcement will be?" They can be contacted at their website www.appletreecapital.com.
http://www.ocregister.com/ocregister/money/article_1768715.php
I was out for awhile. What is going on, I'm confused? Is everyone selling/
Same thing happened with the IPHONE launch, profits didn't start coming until a couple of days later and have slowly continued since then. People want to see if the product is what it's all cracked up to be.
Ameritrade ended the day with the ask at .002, what's that all about?