lol

lmao

another thing I don't understand is if they filed Ch. 11 why didn't they get the "Q" added to their ticker?

I bet it was...lol I got in later @ .022 & sold 1/2 @ .044...riding out the rest

thanks for the clarification, but DIOM is retaining the rights to the intellectual property, which is worth a heck of a lot more than the debt imo...I'm riding freebies, so just gonna let it play out & see how it goes.

thanks again :)

I agree with your calculation,. but it is the intellectual property (patents) that are key here IMO...& DIOM is retaining the rights to those patents & they're worth a heck of a lot more than the debt

lol

yes, but they settled the lawsuits & got bought by one of the defendants, so what happens to the debt? transferred to ANGO now? I dunno...your thoughts please?

agreed, but DIOM still owns the intellectual property (patents)

& DIOM still owns the intellectual property (patents) :))

smart move for ANGO...+ DIOM still owns the intellectual property :))

I smell DIOM boomage coming...

GLTY

smart move for ANGO...+ DIOM still owns the intellectual property ;))

$8M + $3M = $11M...either way, both news pieces are great news...once it spreads & hits major wires...kaboom!!! IMHO

DIOM huge news: serious boomage coming

Diomed to sell unit to AngioDynamicsBoston Business Journal - Boston Business Journal
Friday, April 11, 2008 - 9:59 AM EDT

Diomed Holdings Inc. has entered into an asset purchase agreement with AngioDynamics Inc. for the sale of Diomed's U.S. operations for $8 million.

The Queensbury, N.Y., medical device manufacturer has offered to pay $8 million in cash for the part of Andover, Mass.-based Diomed's U.S. business engaged in the sale of systems for the laser treatment of varicose veins. AngioDynamics (Nasdaq: ANGO) also agreed to pay $3 million in cash for the assets of Diomed's business based in Cambridge, England.

The deal is subject to an auction process administered by the U.S. Bankruptcy Court. Diomed filed for Chapter 11 protection in mid-March. At the same time, Diomed's English operations, which also make varicose vein treatment systems, were placed under the control of the U.K. Insolvency Administrator.

AngioDynamics had been involved in a patent dispute with Diomed (OTCBB: DIOM) regarding its varicose veins laser treatment system, until April 2, when the companies reached a settlement. AngioDynamics agreed to pay Diomed $7 million in cash.

Diomed also has had patent litigation pending against two other companies. The purchase agreements would not give AngioDynamics any interest in the outcome of those claims.

In the 12-month period ending Sept. 30, Diomed had worldwide sales of $25.4 million. The company has been operating in the ordinary course of business as a debtor-in-possession while it has pursued the sale of its business.

"If we are successful with our offers, we will strengthen our presence in the growing market to treat varicose veins as well as expand our sales organization in both the United States and overseas," said Eamonn Hobbs, president and CEO of AngioDynamics. "Our plan is to incorporate the Diomed sales team in both the United States and in Europe into the AngioDynamics organization and to offer employment to many of the other Diomed employees."

DIOM huge news: serious boomage coming

Diomed to sell unit to AngioDynamicsBoston Business Journal - Boston Business Journal
Friday, April 11, 2008 - 9:59 AM EDT

Diomed Holdings Inc. has entered into an asset purchase agreement with AngioDynamics Inc. for the sale of Diomed's U.S. operations for $8 million.

The Queensbury, N.Y., medical device manufacturer has offered to pay $8 million in cash for the part of Andover, Mass.-based Diomed's U.S. business engaged in the sale of systems for the laser treatment of varicose veins. AngioDynamics (Nasdaq: ANGO) also agreed to pay $3 million in cash for the assets of Diomed's business based in Cambridge, England.

The deal is subject to an auction process administered by the U.S. Bankruptcy Court. Diomed filed for Chapter 11 protection in mid-March. At the same time, Diomed's English operations, which also make varicose vein treatment systems, were placed under the control of the U.K. Insolvency Administrator.

AngioDynamics had been involved in a patent dispute with Diomed (OTCBB: DIOM) regarding its varicose veins laser treatment system, until April 2, when the companies reached a settlement. AngioDynamics agreed to pay Diomed $7 million in cash.

Diomed also has had patent litigation pending against two other companies. The purchase agreements would not give AngioDynamics any interest in the outcome of those claims.

In the 12-month period ending Sept. 30, Diomed had worldwide sales of $25.4 million. The company has been operating in the ordinary course of business as a debtor-in-possession while it has pursued the sale of its business.

"If we are successful with our offers, we will strengthen our presence in the growing market to treat varicose veins as well as expand our sales organization in both the United States and overseas," said Eamonn Hobbs, president and CEO of AngioDynamics. "Our plan is to incorporate the Diomed sales team in both the United States and in Europe into the AngioDynamics organization and to offer employment to many of the other Diomed employees."

http://boston.bizjournals.com/boston/stories/2008/04/07/daily56.html?ana=yfcpc

wait til this hits the major wires...boomage coming IMO

yw & GLTY!!!

& here's a list of "stock alert/promoter" (i.e., pumpers) websites & their URLs:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=19979332

here's the link: http://investorshub.advfn.com/boards/read_msg.asp?message_id=15387266

MMs do ONE THING ONLY: SHORT & MANIPULATE STOCKS

check out my post on IHUB board "LERN", started by Mikey who co-started Bill Panetta's Live Trading Chat Room.

Last year sometime they got a MM to participate in a live Q&A session afterhours, which I recorded...download from the link I posted & listen to what this MM had to say

check it out!

GLTA

just put him/her/it on iggy...MW did the same sh*t on MOSH

NITE is no longer only "small retail investing"; noawadays they also handle the selling for promos & short the sh*t out of stocks...if you've been watching level 2 NITE's manipulation is clear as a bell IMHO

GLTA ;o)

indeed...lol

NITE can't keep this crap up forever...

just logged in @ LAX waiting for a flight...WTF?!!?

YES...NITE has been screwing with this stock since it first spiked...any decent buying pressure & he is screwed

as long as the low of today's candle on the daily chart doesn't go below last Friday's, this could just be day 4 of g-2 in the g-pattern...if it goes below that, g-pattern chart play didn't work

we could certainly use some NEWS about the hearing or an official PR from the company.

I'm riding freebies @ .022...will add HEAVILY on a cross above the g-spot of ~.049 for a huge breakout to 100%+

GLTYA

Re: note from one of the members who recently lost his wife

It's a great testimonial Bill...& all of your good karma you put out getting spread around...it'll come back to you a thousand-fold!!!

Seems that way...I get your daily updates on the winners...a whole bunch lately have been fired up by your room...will drop in soon!!!

Thanks!!!

Re: MURF ---> bye-bye...no one's home...lol

got this info from LexisNexis:

http://corporateaffiliations.ecnext.com/comsite5/bin/corporateaffiliations_pdlanding.pl?item_id=430102&referid=5592&pdlanding=1

Murphy & Durieu
120 Broadway Fl 17, New York, NY10271
Tel: (212) 618-0900
Business Description: Dealers, Security
NAICS: Investment Banking and Securities Dealing

I called 'em...no answering machine even...lol

got this info from LexisNexis:

http://corporateaffiliations.ecnext.com/comsite5/bin/corporateaffiliations_pdlanding.pl?item_id=430102&referid=5592&pdlanding=1

Murphy & Durieu
120 Broadway Fl 17, New York, NY10271
Tel: (212) 618-0900
Business Description: Dealers, Security
NAICS: Investment Banking and Securities Dealing

I called 'em...no answering machine even...lol

Really?!!??? THANKS FOR THE UPDATE!!!

Cheers!!! to you & yours!!!

Been busy as heck, but will pop into the trading room one day soon to say hello!

Bob ;o)

check out this post on MMs by Bill Panetta:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=28187244

he doesn't mention MURF, but it's been discussed in his live trading room that MURF popping up on the BID is usually a good sign...

DIOM still following g-pattern; here's an example from http://www.3stocksonfire.com/trading/index.php?topic=2187.0

g1. Rises up heavily in price and volume. Volume is the key. It must stand out from past volume. This rise can last one day..and I would say a max of 7 days.

g2. Falls back for at least 2 days. It is very important that you have at least 2 days of fall back according to my research. Lots of fakeouts happen with just one day of fallback. Volume is generally less than the volume rise in g1. Also a rule I use is that the fall back should not penetrate the low of the low of the first candle in g1. Its a mouthful but the idea is that if this stock showed a strong volume + price rise.. you do not want this stock going back to the levels this happened from.. you want to see support.

TODAY IS DAY 3 OF g-2 FOR DIOM...STILL HASN'T FALLEN BACK BELOW THE LOW OF FIRST BIG CANDLE OF DAY 1 OF g-1.

g3. Breakout and Run tends to happen if high volume comes back in to push the stock past the highest close(or open, whichever is higher) of g1. This price is called the g-spot and just after the break of this spot on very high volume is imo the best entry. Penny stocks tend to run 100% or more from the g-spot. Higher priced stocks still run but not such a high % usually.

EXAMPLE ANNOTATED CHARTS (the yellow dotted line is the g-spot ---> for DIOM the g-spot is ~.05-.051):






GLTA ;o)

out AMR +.01 stupid bottom play on a day like today...they'll prolly ground another 1000 planes tomorrow & oil will spike to $120 lol

yup, daily 60 min holding above 50 100 200 MA support

yeah..sometimes I think it's just someone playing games....but time will tell...this has been manipulated to hell one way or another but I'm still hopeful for a pop on news spreading...could be tomorrow or Fri if it follows typical successful g-pattern chart play

GLTY

ditto on the NITE frustration; I don't necessarily believe in MM signals...but...?!!??

trying to get out alive of out AMR...stupid play...missed channel bottom by 9 cents..so far...lol

indeed; g-pattern chart play still possible; news should spread & we enter g-3

GLTA

doubled AMR @ 9.18 trying to exit >9.22 avg; missed channel bottom by 9 cents...so far..lol thx for taking a peek earlier ;o)

in AMR 9.27 for a bounce

AMR: 9.30s channel bottom? gotta be a bounce coming; glad I flew Mon night; what a mess lol