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Thanks.
MWM,
Do you think AAPL will break the 200MA on your chart, do does the last couple of days show strength?
Just asking for an understanding?
TIA
Either interest died or those who have some of the 750M from 0.0001/0.0002 are just sitting back and holding.
Volume has to pickup if the plan is to be at 0.0008 or higher. Without the volume, stockholders will just speculate on the symbol change and/or other items they think should have happened by now.
Great Call again!
I would like to thank AAPL.
I was able to win with the $575 Puts and again with the $605 Calls.
I couldnt wait on the calls as I had to leave my computer for more than 1 hour.
GLTA
Nebuchadnezzar,
Where do you pull that type of report and can it be done for other stocks. There was a website that I had before, but cannot remember this site.
TIA
Again so that you feel good. I made it up.
But since you keep up with the court documents you know that everything that was in the article was true.
http://bankruptcynews.dowjones.com/Article?an=DJFDBR0020121025e8apm4vam&cid=&ctype=&ReturnUrl=http%3a%2f%2fbankruptcynews.dowjones.com%3a80%2fArticle%3fan%3dDJFDBR0020121025e8apm4vam%26cid%3d%26ctype%3d
Sorry buddy,
I have never posted anything that was not the truth on any board.
I know exactly where I copied the information.
Thanks
Yeah I typed the whole news article.
You go check the court docket for TSTRQ and you can find the courts confirmation from Judge Lane dated yesterday.
posted this afternoon.
A true short position is that you hope the stock goes lower.
Just like most buy and hope this goes higher. A shorter sells the shares at X and hopes it goes to X-Y.
Say you buy X @ 100. You want the price to go above that say
120 and you make a nice trade.
Someone short actually sells the stock at 100 and hopes it goes lower. If it does go lower, they pocket the difference. Say this stock goes to 80. They buy it back and keep the 20 difference. If it goes to 110, now they have to put out 10 extra dollars.
Now they hype of shorting triple 0 stocks. I think it is all hype and sounds good to say "shorters are holding this back" First it is next to impossible to short these stocks because many brokers do not allow this. Also if you are shorting a stock at say 0.0002, you can only double your money at 0.0001. who would take that major a risk to have a limited upside?
My theory is that many of these stocks have hundreds of millions even billions of shares outstanding. They need major trading to move these stocks and therefore the stock does not move.
Just last week RIGH traded 750M shares between 0.0001 and 0.0002, how in the heck will 12M move this at all?
Hope this helps
GLTA
What do you mean fake?
I copied and pasted that from my Etrade news.
Clay3,
I agree that this is not major news if there is an appeal underway.
Is there anyway to follow this appeal? I would love to know how that is going.
Thx.
TerreStar Corp. (TSTRQ) won court approval of a Chapter 11 plan that hands ownership of the mobile-telecommunications company to several investors that specialize in distressed debt.
Judge Sean H. Lane of the U.S. Bankruptcy Court in Manhattan on Wednesday confirmed TerreStar's Chapter 11 plan of reorganization, court papers show.
The ruling paves the way for the company to exit bankruptcy protection under the ownership of such shareholders as hedge-fund managers Highland Capital Management, Solus Alternative Asset Management and West Face Capital. Each will have a seat on TerreStar's new board.
The investors are among TerreStar's preferred shareholders, whose old shares will be canceled in favor of new common shares in the restructured company. They are among lenders behind a bankruptcy-exit loan of up to $27.5 million. "The exit facility will allow the TSC [TerreStar Corp.] debtors to satisfy their obligations under the plan and fund the general corporate purposes of the reorganized TSC debtors through 2015," TerreStar said in court papers.
Under the plan, TerreStar's other lenders will be paid in full in cash, while its general unsecured creditors will be paid in full through new notes or cash. Existing common shareholders' interests will be canceled, and they won't recover anything. The plan calls on TerreStar to reorganize around its right to use wireless spectrum, through which it can offer mobile telephone service in North America. The company had explored a sale of its spectrum rights earlier this year, after losing a lease to LightSquared before the latter's own bankruptcy filing in May. The lease had guaranteed TerreStar $2 million a month, and the loss of that steady income stream forced TerreStar to reconsider its restructuring plan and seek bankruptcy-exit financing.
While court papers show the spectrum rights caught the eye of interested buyers or investors, TerreStar was determined to keep the spectrum licenses for itself. Its advisers have valued this asset at between $160 million and $235 million. TerreStar sought Chapter 11 protection in February 2011. The company blamed its filing on a cash crunch brought on by developing its wireless communications system, a task it had completed but which hadn't generated revenue before cash ran low. TerreStar's filing followed in the footsteps of subsidiary TerreStar Networks Inc., which sought Chapter 11 protection in October 2010 and later sold itself to Dish Network Corp. (DISH) for $1.38 billion.
Thank you 1971 and dadx4.
Also, I am not looking for the "to da moon" or "10000% return", just some consistent items that says we are slowly winning small business here and there. Something to hang my hat on that we are moving in the right direction.
I would even like to hear about those contracts we might have missed on. So if we were not downselected in the RFP process, give us that update too.
GLTA
News is out and doesn't look good for Commons
I guess they could do that. Some how that just does not excite me right now.
Pictures of a tech show, business cards from various vendors, and potential business partners been there done that.
Public press release with details of the RFP, Lockwood Court case details/dates, SPC Purchase/Merger info, and/or contract for SNIC in Florida or anywhere would get the juices going and I bet the ASK slapping.
I havent been here as long as some but since the R/S days. We were told that was done to make IFXY more attractive to customers and/or vendors. Have not seen this come to fruition. Actually just slide backwards from .15/.10 after R/S to .03/.02 today. I believed in the company then and I am still with them. Shareholders have shown their loyalty, now time for the company to start bringing home some results.
GLTA
Thanks 1971,
That information is good to hear. I just dont know how excited I or other shareholders are by a FB post any longer.
GLTA
Thank you Diamondtech!!
Gatorhide,
When is this CC?
TIA
jimmybob,
I have signed up and currently at the Bronze level.
email: magicmk@yahoo.com
login: magicmk
TIA
jimmybob,
do I have to sign-up for more than Bronze for the 30 Day trial? I have a login and sent the email, but chat tells me I am banned.
TIA
magicmk
magicmk@yahoo.com
ZNGA doing a buyback to prop the stock up.
MAXM decided to kill any dreams and find 10K @0.03
I think the Citi report killed your put side. This should be at $53 the way it reported yesterday.
When do they report?
where is news leaking? If that is true, I hope this is good news for the commons.
dadx4,
Thanks for the information. Knowing that it went great is crumb or cliff notes for IFXY.
Now I need a full serving or the actual book on what that means for IFXY as a company and then that will translate into information for the shareholder.
GLTA
BOS,
I agree these daily fluctuations do not mean much to me.
I am with you on buying cheaper shares and holding. The delivery of Dan and stock freeze have me excited.
GLTA
Can someone define longterm?
Folks say they are longterm and get impatient after 2-weeks in the stock. Dan has done all he said and when he decides to put more out, I am willing to bet he will deliver on that PR/News Release as well.
If we receive news this week great, if not I hope those that are longterm do not figure "the run is over" and begin dumping.
GLTA
Redeyes,
I agree, you would not list a company and its technology without creating some kind of relationship with that company.
Key for us is what is it worth to our bottom line and does this relationship help grow the Lockwood investment.
I would also like to know where/what SPC is in our present/future.
Redeyes,
That could be very true. Maybe ITRON is like Apple and they do not want their vendors talking about the relationship. Maybe just Maybe.
I would like any news on how the week was and the business is going, been a while since we heard from the company. I think shareholders here are along for a long ride, but just want a bone/nibble to keep confidence up.
GLTA
fingers crossed.
Volume is positive, been around 1M shares daily. Just no movement above 0079.
rwrf,
You and I both think alike. This silence is just not a positive sign at all. Then top off no volume in 2+ days on the stock.
Hoping Mr. Talari and IFXY surprises the group with great news.
GLTA
Hey new to the board.
Stock has been moving, now I wonder how many shares does VFIN have behind that 5000?
GLTA
Looking at the ITRON agenda, the Utility Weekly is over and the rest of the week is training classes.
Now the hope is that some great news came from the events and that great news will be shared with all the investors and perspective investors. Next couple of weeks tells us if we are headed in the right direction or we will endure months longer of silence and/or "we have big plans in the works."
GLTA
Altec,
My dream is simple. I just want to us trading regular shares just showing that we are participating in the market at all.
I have seen minimum 50K @ 0.007 today. They have been holding this spot since the court ruling a couple of weeks ago now. Don't look like they are moving no time soon either. Maybe if they just showed their true number folks would know vs sitting there with 5000 on the ask.
Rickk,
I want to be with you. I think they will miss on earnings and pps. The thing that scares me is they may give guidance that international subscriptions are above what they thought and jump on that news.
See WDC for the guidance jump.
GLTA