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BIg Move cOMING ..............no shares left
When details are out, $ 1.00 will seem cheap. This will trade in $ 10.00 in 2-3 years.
CIRCUITCITY will open at 25 -30 c
Yes tape will not Lie. But I have a feeling all worked for CIRCUIT city. Just hold on your shares tight till you get the right price. Salinas dried the retailers.
DAVID, Circuit CITY will make a huge move as the details of the deal will get leaked. Many know Salinas owns Millions of shares. There is also another very worthy candidate. when details emerge it is going to be a great ride.
Circuit City in talks for possible sale
By Michael Kitchen
Last update: 8:43 a.m. EST Jan. 9, 2009Comments: 3
NEW YORK (MarketWatch) -- Circuit City Stores Inc. (CCTYQ:Circuit City Stores, Inc.- Circuit City Group
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Last: 0.16+0.01+6.67%
3:59pm 01/08/2009
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CCTYQ 0.16, +0.01, +6.7%) said Friday it is in talks with "two highly motivated and interested parties" to help finance the bankrupt retailer or possibly purchase it or its assets. "The parties have substantially completed due diligence and now are in negotiations with the company and the company's major stakeholders in order to finalize such a transaction," Circuit City said in a statement, saying it had filed a motion Jan. 5 to allow the sale of the company. The motion allows for an auction of the company and its assets on Jan. 13 and a sale hearing on Jan. 16. Meanwhile, the company said that over the past two months, it had completed the closure and liquidation of 155 U.S. stores, as planned.
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Comments: 3
If out for sale? Why didn't they sell it to Block Buster (BBI) for $6 per share a few months ago......the CEO & executive should be sued & kicked out.
- bigal333
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CIRCUIT CITY might go as high as a Dollar today
MAJOR CIRCUIT CITY NEWS:UPDATE 1-Circuit City says in deal talks with two partiesFont size: A | A | A8:56 AM ET 1/9/09 | Reuters
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8:59 PM ET 1/8/09
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CCTYQ 0.16 0.00%
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NEW YORK, Jan 9 (Reuters) - Circuit City Stores Inc CCTYQ.PK said on Friday that it was in deal talks with two undisclosed parties that could either buy the bankrupt electronics chain or provide additional financing.
The parties have substantially completed due diligence and now are in negotiations with Circuit City to finalize a deal, the company said.
Circuit City, which filed for Chapter 11 bankruptcy protection in November, said it had liquidated and closed 155 U.S. stores in November and December.
Earlier this week, Circuit City filed a motion with the Bankruptcy Court for the Eastern District of Virginia seeking approval of procedures that would formally put the company up for sale. (Reporting by Martinne Geller; Editing
Catalyst is retail shares drying out. Insiders and big investor like Karen are slowly owning close to 90 % stocks. This will make amuch bigger move than peeps in this board are expecting. peeps in this board are expecting 25 -30 c. I see this could make amove to 60-80c in 4-8 weeks time and may trade in few dollars in 2-3 years . Loudeye was bought by Nokia for $ 4.5/ share 2 years back. Same business. this could fetch $2-3/ share if management works nicely here.
Sheff, me too like this one. Happy New year Bud
When this is really ready to POP, all posters disappear.LOL
Another fORM 4 from karen singer today.
Will quickly move to $ 2.0- $ 3.0 range in next few days
Consolidating here. looking for some weakness to get my foot in.
Little consolidation here next two days before the next big move. May drop max upto 0.05, but chances are it will stay in 0.065-0.08 range and then will move to 15-20c next leg.
Big run coming shortly , in my opinion. Hope everyone is loaded nicely.
Don't you worry. That was the mini run. Stay strong
Catching big vol again. looks like we are going to see a 15-20c close
Have been good. Hoping TRMP will make a move soon.
How have you been ?
Do you think we will see 20c today? I have a feeling we will have a very big volume today.
Anyone here besides me
I am looking forward to more posts here and more posters here very soon.
This is going to be my one another closely monitored stock.
I totally agree with your sentiments Joe.
Great potential here.will de down next 15-20 days
GERN is small player and does not have what it takes to buy ACTC.
ACTC very Ripe for a buy out with in next 1-2 months based on all that I am hearing and seeing. i think anything less than 600M is cheap.
If ACTC moves to higher exchange and gets the federal funding , this would have a market cap in billions in 4-5 years.
There are solid research and patent papers that ACTC have and cannot be claimed by any other company without paying ACTC.
ACTC is the best way for some of this big pharma firms to get into Stem Cell research in a big way. Dr.Lanza is a pioneer in this field.
You may not get a dip. i was also hoping for a dip today. I started with 1M shareas at an average of 0.02 , sold 500k at an average of 0.084. dont intend to sell the remaining till the Big NEWS
No bluffing . But it is a speculation based on some real facts.Possiblities are that Caldwell and Lanza may not want to sell this baby for next 3-4 years .Lets see
Possibility of $ 350-600 M buy out by a big pharmacutical company with in 2 months. Do not consider this an insider info, hence do not buy, sell or hold based on this post. Large buyings just suggest me that some news is on the way. Might do a CRXL . All in my opinion.
wow, what a run ............
EOD 0.095
I use Etrade
Amazing . weakness shown in the morning is gone. As I said it will trade at 30 c by end of the month. Great.
Huge Huge buys coming in L2
Are u watching Level 2 ? If not you won't understand what i am saying .LOL
Showing signs of weakness. more consolidation needed here.
Too many sellers. Seems like it wont take off as the initial volume suggested. watch out for session after lunch..
Big run coming to 1.50- 2.00. Volume an indication
Nope. But Point street landing project has attainable housing incorportaed as per my knowledge, which is an ECGR baby. Wait till we get something from the company. Sonner or later Cornell will push them
I totally agree wiith your assessments Joe. 6.5 c is damn cheap. i am looking to sell it at 25-30 times the current price, but expect this stock to trade in $ 10 range in 2-4 years time based on the discovery and patents they have.
I think these stem cell companies are going to be the MERK and Pfizers of tommorrow. JMHO