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One up day and everyone is sure it's the bottom. Remember just a few days ago we almost hit $2 and everyone was saying the same thing. Again, without positive news from the company, these are nothing but one day short coverings. Back down tomorrow. You want it to stay up? KEEP CALLING THE COMPANY.
This is not a big company at 5,000 employees and all companies should respond when their market cap drops almost 75% combined with a BK error. These guys are doing us an injustice. You should be pissed.
Suspicious at best. I called ext 3500 like he said and got a recording. Anyway, it's not good that they won't issue a PR about Fidelity's mistake or about their progress in renegotiating their credit agreements. Did she say anything at all about what's going on?
There is no reception desk - it's a recording. What was her name?
First, who did you talk and what number did you call? I can't get anybody.
Second, what does this mean...."and let me ignore"
Third - they should indeed release a PR denying the BK. That's pathetic and irresponsible on their part not to.
Still only get a recorded message for a suggestion box. Still no response from the company to my calls or emails. Anybody else even tried this week? They should not be ignoring investors. I guarantee they are answering for the funds.
Positive comments from Seeking Alpha...
Here is my reasons why you should invest in the stock.
a) This stock is down so much from last few weeks Its look appealing to invest as a speculative play.
b) NYSE listing requirement has been meet by this company for 30 years so i don't see this will be a de-listing issue like many others. Secondly they can go to NYSE other listing services from AMEX which is more market friendly for small cap the minimum market requirement would be 4M which this company has right now.
c) If the company list from NYSE to AMEX will change the stock symbol and all the shorts either have to surrender their shares or cover.
d) they can issue more shares any time they want.
e) the company is profitable for this Quarter.
f) as far as the debt they can negotiable with any bank wiith the corporate interst so low i think any bank will renegotiate the terms.
http://seekingalpha.com/instablog/1107093-bullside_cpy/250219-is-cpy-so-bad-to-invest-i-don-t-think-so
I'm just sayin..we need to hear from the company before this goes anywhere. Anybody else even call this week besides me?
1.56 at the close. Another short covering headfake until we get update from company.
Not going any higher today. Need news or an update from the company. Need everyone to call the company.
High of the day already in. Down from here because no news.
Wow. volume picking up.
Quick, sell while we're flat on the day. LOL. Still no word back to me from the company. Anyone else?
Only got voicemail for some kind of suggestion box.
ok, thnx
I actually think it bounces hard from here. People will soon realize this was old news - back in 2008 and 2009 - and it was one instance of maybe vauling something incorrectly. I see a lot of hype but not a lot of tangible impact on the financials.
I fixed my last post and provided a link to the form. I called the CFO again today and will let you know if I hear back but not expecting to. Why don't others call as well? Maybe he'll bend to the pressure. The guy makes $396k a year. He can afford a phone bill. By the way, $400k a year for a 5,000 employee company? Way too high. Maybe that's part of the problem.
Dale Heins
Chief Financial Officer and Senior Vice President of Finance
Phone: 314-231-1575 x4104
E-mail: dheins@cpicorp.com
?? It's right on the front page of IHUB's page for CPY. It's a form SG/A. Go to IHUBs page for CPY and it's right there where they post filings. I got the name off the filing and then went to their SEC filings and looked up how many shares they had of CPY before the Jan 3 filing.
Here's link
http://ih.advfn.com/p.php?pid=nmona&article=50597602
He bought a total of only 3,000 shares? That's all? Spent maybe $15k? That's what you're holding onto? Geez. Now I'm even more worried. Maybe that was just a token buy in front of a massive short attack in which he got much more than $15k from. Wouldn't doubt it these days.
Don't know about that. If it shows they own 7,000 shares as of Jan 3 and they owned 1.37 million as of Sept 30 which I got from their own filings, the math says they sold out almost completely?
I've called and emailed several times with zero response. That's not a good sign. I suspect now they are avoiding investors because there is more bad news coming and they can't afford to leak it. But the big players know it's coming and so they keep selling every day. If anybody can get hold of them and get some real info, feel free to correct me.
Anybody else see the amended ownership filing today? Looks like a hedgie sold out. Looked at their previous holdings and they had about 1.5 million shares. Now looks like only 7,000? Not sure if I'm reading the form correctly. A hedgie out of austin.
Hey, you're the one who said they'd call you back "shortly". My experience has been that if they don't return emails or phone calls quickly when things are bad, they are hiding something worse. I've emailed CPI 3 times in the last 2 weeks with no response and have called too. The least they could do is give us a stock answer that they are working on it. Avoiding investors is a bad sign.
Also saw a filing today from what I'd guess is a hedge fund that looks like they sold out their position. Had over a million shares as I saw looking back on their previous filings.
So they still have not called you back?
Yes please do. Thanks.
Aren't you the guy who said Fidelity would issue a public apology? And didn't you say the company would address the situation soon? Have you talked to the company recently?
Has anyone talked to the company? What the heck is going on?
Anybody talk to company this week? Or did they all quit...
Probably still some margin selling today. I expect a move up after Jan 1st or when they renegotiate their credit agreements if that comes first. Why don't you give them a call again and ask for a status update.
What happened to Fidelity's public announcement that the BK tag was bogus? I think it was your post that was bogus.
Why haven't they said no BK yet? I tried emailing CPY and got no response.
KNSY running.....
IVC another nHOD. Continues to run. Stops getting hit
IVC nHOD. Huge bounce from yesterday selloff. Will run more IMO. Volume big
GIL - any thoughts on entry point if any? $14?
STON!!! Over $24 now. Got long again @ $23. Luvin life
STON In $21, out $22.60, banked $6k. Probably goes higher. Good divi play oversold
lol. ok, never mind
ADNT down 78%. Gold mining stock. Anybody know why? Can't find anything except CEO leaving.
Left $10k on the table so far...ouch.