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I agree. Bought some more @ 0.138 Thinking we can see a similar pop up as yesterday.IMO
Spansion off to a very Bipolar start. Which is it going to be SPSN......
UP or DOWN?
I do hope up of course:)
NICE GAP UP IN PREMARKET:) Looks to be another positive day for SGIC. Honestly.... I really have no freaking idea what this will do today.lol
GLTA
WTF.....I just watched it drop more than .12 cents with less than 50k shares traded? That was almost it's total value @ last close.LOL
From as high as .75 in AH to .45 & now dropping fast???
Offer: $25 Million / 11.65 Million shares = $2.14 / per share value. I do not believe it will reach $2, however a one dollar and slightly plus is achievable.
Any other thoughts on this?
AH 0.1498x 0.1532x Just when I thought the run was over. KABOOM:)Happy I rebought this baby this morning. Without some PR....I have no real idea what to expect next. Any thoughts on what can be expected tomorrow?
Wow I had to leave for the last couple of hours of trading and I missed the rocket to the moon:) I bought this morning @ .22
I see it's up nice in AH:) I don't know what to expect tomorrow.
Any thoughts?
thistraderknowsall, you might be able to get some near the .10 range.
A 100% spike up.......WTF is going on???
Can we expect or is it possible for this to climb higher than the .40 pps??
I can't find a thing at this moment that caused the spike.....Let me know if you come up with anything:)
LOL ......up up & away:)Weeeeeeeeeeeeeeeeee
I don't know what just happened......But i'm happy I bought in @ 0.075 this morning:)
Is their anyone out there who can tell honestly tell me what a common stock holder can expect if this buyout takes place for the mentioned amount of $25 million???
FREMONT, Calif. & SUNNYVALE, Calif. (Business Wire) -- Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for medium to large-scale data centers, today announced its agreement to acquire substantially all the assets of Silicon Graphics, Inc. (SGI) (NASDAQ:SGIC) for approximately $25 million in cash, subject to adjustment in certain circumstances, plus the assumption of certain liabilities associated with the acquired assets.
If that's the case why the ridiculous move today??
Why would investors be investing in stock which can be worth nothing for them if a sale were to occur???
Rackable Systems Announces Agreement to Acquire Silicon Graphics Inc.
07:49 EDT Wednesday, April 01, 2009
That is the PR I'm talking about! It tanked hard when this was released?? I thought it was a done deal?
Why all of a sudden is this exploding??? It tanked when the PR came out.... Can someone please explain?
Or this might just be a perfect opportunity to get another position in @ 0.075:)
This run was over a few days ago. I hope for you guys that their is some positive news in the near future to spark another run up.
Otherwise it's more likely to see 0.03 to 0.05 rather than .30 to .50 JMO
With a day like today......What makes you think their will be any positive news???
Because their are some gifted investors with telepathic powers that can predict the outcome of stocks:)lol
He told you what his basis of why he thinks the stock will trend up later. It's based on others that recently have made very similar and identical moves. Most of the moves have been based on speculation and nothing else. JMO
Nothing wrong with taking a profit:) THX & GL
I'm getting dizzy watching this trade:)
we'll find out in 5 min:)
lol
Their will be some nice profit taking here..No doubt about it. But I think we'll see a nice spike up in the .20s before she pulls back a bit.IMO
We have to watch this carefully, and trade like ninja's:)
NOW....0.1601X 0.1698X :)
Good morning all:) Looking very nice 0.158x 0.016x
Today is going to be a smoking day for SPSN.IMO Hold on people,this is going to be one hell of a ride.
I have to admit I thought we would see more action in the AH.
Have to wait for premarket to see where she could go. It Should gap up nicely.IMO
Yes..... congrats to you guys on cashing in on La Jolla. I also got in & out of that one with good gains:)It is definitely true that these are different markets than what most are common too. LJPC is a great example of a worthless company who's stock plummet from $2.50 to 0.04 because their one and only pipeline drug didn't pass FDA approval and that's the only significant thing that they had going for them. Just when you thought it was dead & worthless,(which it should have been)investors pushed it from 0.04 to .34 for absolutely no reason what so ever. To tell you the truth I'm surprised to see it keeping a lot of it's value so far on it's last run up.
My point is that when you have a beaten down worthless company such as LJPC make a ridiculous rebound on no news or speculation, then anything is possible in these markets. Take CTIC also another good example.
At least SPSN has value to it for a potential buyout which just on speculation can drive this up like mad. Enjoy the run....I'm sure it's going to be quite the ride. IMO
WOW....WHAT A SPIKE BEFORE CLOSE. Tomorrow we should see a gap up in AM.IMO
DAMN........I have to leave for a bit.....Wanted to see how this was going to trade in the AH.
Your right their are a lot of stocks in the past few weeks making ridiculous moves. A lot of them on speculation I suppose.
Plus their were a lot of stocks over sold + shorted to the ground. Many investors looking for undervalued companies at this point in this market. JMO
Surprised to see as of 3/13 only %4 short. Very interesting...
Thanks
lol....It's funny you mentioned LJPC & CTIC. I bought in & out of both:) Also HAYZ which has been the most stable as of late.
I agree SPSN has GREAT potential for a fantastic run & YES tomorrow should have a nice gap up in the morning:)IMO
Agreed.....Now up up & away HAYZ:)
It looks like the shorts are trying to keep this one down. Whenever it tries to make a run it gets pushed back quick. If this wants to run it's only a matter of time before we see a short squeeze. IMO
Do you know of who the other potential buyers might be???
WHAT!!! Were not at .50 yet....ah man!I feel asleep watching HAYZ trade today. At least were not in the red:)
After some consolidation here, we should set up for a strong close. I think tomorrow will be huge.IMO Come on INTEL buy Spansion.....Daddy needs a new car:)
Well, I have to agree that usually investing in a BK company long term isn't the wisest/safest thing to do.lol I know their are a lot of people buying into this stock today without even the slightest knowledge that Spansion was even under BK protection. I already stated that long term is not what I'm looking for with this..... I think this has the potential to have a great run this week & possibly next.JMO
GLTA