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Thats what i like the most about this chart, low volume consolidation after that run early February looks good
Yeah, I was trying to decide between JUNP and EMLL and decided to go with JUNP, hopefully i made the right decision lol. We'll see
JUNP looking good for this week
I was hoping for stronger buys at .0007 but I'm happy with green either way. If we don't breakout early next week, some consolidation between .0006 and .0007 would show a lot of strength before the next run. I'll be happy if we stay above the 15ema
TDCP .03's up! big wall > blue skies after
setting up for an attempt to break down .03. L2 looking better every minute, hopefully we'll break it during power hour
TDCP .0298
TDCP bid stacking at .028, looking to break down the great wall at .03
yeah I agree, if its not a fake wall we're going to need a lot more buying volume here
bid is stacking up, lets see if we can chip at that .03 wall
If we don't break through the .03 wall, I don't mind some consolidation to let the 15ema to catch up before we go for the next run
lol yes i am
Good move at the EOD to close with a doji candle so it could go either way tomorrow. Hopefully this stock gets some momo tomorrow and breaks though that wall at .03 and its clear skies from there on. Chart looks great, lets get it!
XPRT with news we'll see .50
XPRT BREAKOUT
XPRT HOD, about to break out
XPRT break of .175 it'll really run
XPRT $2 a month ago, now .16, 30m float
XPRT running hard
6.325 mill from the deal with grant, we still don't know the numbers from other deals yet.
would've liked a close closer to 16, but ill take green lol
if we break that .175 we'll see some nice gains here. Im hoping for a gap fill in the next week or 2, it would be possible if we get news on their debt repayment
XPRT Volume picking up, break .175 = multi bagger
XPRT @.16, moving today
moving
Still have a lot of practices to work with:
Practices
Accounting & Advisory Services (provided by LECG Partners)
Accounting Assurance Services (provided by LECG Partners)
Actuarial Services
Antitrust & Competition Policy
Bankruptcy & Restructuring
Economic & Financial Regulation
Environment & Natural Resources
Finance, Valuation & Damages
Financial Consulting
Forensic Accounting
Government & Regulatory Oversight
Intellectual Property
International Arbitration
Labor & Employment
Legal Technology and Analytic Consulting
Litigation Consulting & Support
Outsourcing Services
People Solutions
Public Policy
Risk and Compliance Services
Securities
Strategy & Performance Improvement
Tax Advisory Services
Technology Consulting
http://www.lecg.com/Default.aspx?tabid=75&source=practices
Disappointing close. That large sell order set us back a bit. Hopefully we'll get some good news over the weekend.
still thinly traded. Im looking for more volume on the .15 break and heading into EOD
XPRT bounce play, at .14 was at $2 a month ago
XPRT breakout!!
XPRT bouncing from all time lows
looking real good so far
we'll know by the 31st for sure, hopefully sooner rather than later. Hopefully before they release their financials on the 10th i believe
quick recap of recent events:
From Feb 7th: Received acquisition offer of $1 per share
Separately, the Company received a non-binding indication of interest with a view toward entering into a definitive acquisition transaction for the entire firm.
The non-binding indication of interest sets the enterprise value of LECG at $104 million, on a cash free, debt free basis. This implies a value of up to $1 for each outstanding share of common stock after repayment of the Company's existing debt and redemption of the Company's Series A Convertible Redeemable Preferred Stock.
Feb 18th: FTI confirms in talks to acquire some practices but not the whole firm
Today confirmed that it is in discussions with LECG Corporation (Nasdaq: XPRT) on the possible acquisition of several specific practice groups within LECG but not an acquisition of the entire firm.
Also on Feb 18th: LECG states they are still analyzing other restructuring possibilities
While the Company is pursuing discussions with the identified party, the Company, together with its advisor William Blair & Company and counsel, is also analyzing other restructuring possibilities.
Feb 28th d-day: FTI acquires 2 practices from LECG and states from this transaction shareholders will not see any value
LECG will initially use the majority of the proceeds from practice group transitions to repay the $27.8 million in principal outstanding under its credit facility. The Company does not believe there will be any value remaining for the common stockholders after taking into account the expected net sale values of these transactions in the aggregate, and the use of the proceeds to fund payments to the Company's lenders and unsecured creditors. Contractually, the remaining value available to equity holders, if any, would be first allocated to the Company's outstanding preferred stock.
March 1st: FTI is still in talks to acquire more practices from the company
FTI Consulting, Inc. also confirmed it continues to evaluate the possible acquisition of several additional practice groups from LECG.
Ongoing: speculative bounce play, any buying momo, news on additional acquisitions, or any deals with its lenders will spark a nice rally. Its certainly a risky play though
XPRT bottom bounce play, was $2 now .14
looking good
XPRT turned green!
XPRT about to break out of its 3 day intra-day trend
xprt consolidation, holding trend lines. Looking for a breakout EOD or TMW
XPRT bottom bounce play