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It a game of old fashioned brinksmanship. Cornell wants to get as much as they can while TXP is vulnerable and TXP wants to give as little up as possible. The ONT market is about to grow rapidly and both sides know it. If Cornell does not blink on this and work with TXP they will never recoup their loan, simple as that. So they will have to work with TXP unless their goal is to lose money.
once this news percolates around (like by tomorrow am) you won't even be able to get them for .35 I'm afraid.
Only UBSS and PERT left before .40.
Close in the .40s tomorrow. I need cash to buy back in!!
Lowest close since DECEMBER 2005!!! Is anything happening here? Guess I was waaaayyyyy wrong about what kind of CEO Shores is! How could he have dropped the ball like this??
MR. SHORES - From a long term TXPO investor -
this has been DEAD money for the past 30 months. Yes, I bought in August 2005 on news of the planned R/M - at a split adjusted price of .40.
Time to stop selling hope and start showing progress. Please recognize that you are a CEO of a publicly traded company and owe it to your shareholders to make some effort to inform us. The most common reason for NO NEWS is that nothing good is happening. If that's NOT the case, show us!
It does bode well, and now that I've loaded my TXPO boat (thanks to those that sold at .42) I'll go away and check back in one year. The stock price will be around $1 this time next year. See you then and adios.
Exactly. The .51 seller today waited until after the end of the year to flip their little trade. Once his shares are gone the price will move back up toward .60. There is a lot of attention being paid to this one now and the next piece of news will be a price mover. This recent run got TXPO a great deal of attention.
I'm buying all I can at .51 ;)
We've reached the buy point for the next run on news into the .80s.
I've been buying. Several from our informal investor group are waiting for confirmation of a follow through today. IF volume reamins strong into the close and we hold .44/.45 on the ask, I think new buyers will start to come in. It's impressive that the stock has held as well today as it has after yesterday's 50% move. Any additional "good news" from the company will now have a much bigger impact on price/volume that in the past due to yesterdays action.
It's the tale of the form 4's - CEO buying at .22/selling at .31 will generate a lot of uncertainty amongst investors in that .30-.31 range. Not everyone will take the time to try and understand that there is much more to this buying and selling by the CEO than meets the eye. It's not surprising that some might sell at a price around where they see the CEO selling and ask questions later. Foolish? Yes! But the form 4's are out there for all to see.
I understand who the buyer was. That doesn't change the fact that a large insider sale of stock is one of the worst things that can happen for a fledgling over-the-counter bulletin board stock. It simply destroys any interest in buying the stock.
Although obviously just my opinon, it would appear that the volume/bid/ask in txpo speaks for itself.
I'm just sitting on a small position here so don't check in very often. the low volume continues.
Does the CEO really expect anybody else to pay .31 to purchase shares of stock in his company when he sells a million at .31???? What is this guy thinking of??
HA! All this supportive talk on the board, and none of us are buying shares that are for sale at .31!!! What a bunch of pennyless wimps we are. Time to bring in some real investors with $$$$$.
TXPO / ADTN - This is HUGE good news for us!!!! This is the type of public, high profile validation that i've been hoping to see. With this news I really believe that TXP Corp has upgraded to a new level of recognition. Lots of radars ought to be getting set off by this news!!!!
pwood1 - my personal opinion is that the company needs to come up with some ways to INFORM investors. Michael Shores wanted to run a public company. That brings with it the responsiblility to keep shareholders informed. So far I give him an A for "positioning" the compnay and a D for "informing" shareholders. Getting reliable information on what is happening is basically impossible. We need more than four snapshots per year of what is going on.
It sure is hard to get many shares at the ask!!
The reason the sec supports the issuance of options is because they are ALL INSIDERS. They want company officers to be able to be rewarded for good stock performance without having to put their own $$$ on the line. After all, sec officials were at one time company officers, for the most part.
Ask yourself this - how many of their own dollars have any txp officers plunked down to BUY company stock? But that's the way it is with most companies.
It sounds like the major US telcos are ready to ramp up fiber deployments. I think we'll be hearing things soon as TXPO shareholders that make us very, very happy!! Michael Shores has a lot of respect among decision makers in the industry. This stock is a little gold mine under $1. Don't let the stagnant share price during the past year fool you. This stock could be a very big winner sooner than many might anticipate!
Went looking for you guys on google, what happened over there? Anyway, glad to see this board active because we believe that TXP Corporation is now on the verge of a genuine results-driven breakout. The results of this third quarter we believe will draw a great deal of new attention to this stock. Sales of ONTs that are being re-labeled are starting to ramp up in a big way. VZ and Quest are just the tip of the iceberg. TXPO's really big push is going to come from overseas buildouts which are moving ahead much faster thatn in the US. Several of our small trading group have been trying to accumulate shares in the recent price range. Problem is that any volume at all moves the ask up. Now is the time to load up in our opinion. The lack of willing sellers tells you that the float is in very strong hands - investors that know just how special the next several years can be for those that load up down here. Good luck everyone, the ride up is set to start soon!!