Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
it could be either or, depending on how many shares they have to sell
mm's buying and selling back and forward that is great...i'm loving it
if company wanted to play us, they would have extend th conference call for friday..and they didn't
believe it or not all those worthless shares you are talking about could cost as much as anybody would want to pay for.. we are talking about company value no per share value, if a value is offer per share is because giving a price to a share will determin the value of the company by its total share..
guys if thresher bought talon in 2006 for 7,626,061 preferred shares
and you read this
For preferred stock, describe the dividend, voting, conversion and
liquidation rights as well as redemption or sinking fund provisions.
Preferred shares have voting rights equal to 1,000 vote per shre..
then you will see that talon having exercise its right to convert will give you a sum of 7 626 061 000 billion shares, then that is why you see so many shares out there in other words talon is cashing by turning pereferred into common and selling. but this is normal move and whoever is buiyng thrr is buying everything that has to do with thrr that's why the price could normally be .01 per share. thanks.
fasten your seat belts....ready to take off, all bashers thanks for your cooperation. good bye...
holding up till the end..
they know something we don't know and it should be good
sometnig creazy is going to happen in the next half hour.. i could see it in the buying amounts. get ready to for the spike
to me this the buyer mark my words
Onodi Tool proudly provides only highly skilled programmer operators, utilizing innovative techniques and skills to produce the highest quality products. We have "State Of The Art" CNC machinery and CAD equipment. Our staff is continuously trained and updated with the latest machine tool technology. Onodi has the cutting edge when it comes to getting your job done right, attentively and accurately.Onodi Tool & Engineering Company has been a proud supplier to the United States Government and Tier One combat vehicle manufacturers since the early 1970's. We have met their requirements by manufacturing thousands of items that have been "Battle Field Tested" and troop proven. We stand ready and eager to meet your toughest machining challenges.
Our specialty is versatility. ...
"We Do The Difficult"
would anyone believe that a public accountant will put his name out there for something that is not real. i doubt so
Sale of Hanford company goes forward
Some investors see deal as way to lift stocks prices.
Posted at 08:36 PM on Wednesday, Mar. 17, 2010
By Tim Sheehan / The Fresno Bee Buzz up!
E-Mail
Print
Text Size: tool nameclose tool goes here
Comments (0) | Recommend (20)Hanford's Thresher Industries says it's moving forward with a proposed sale of the metal-casting company as investors express a mix of hope and skepticism over the deal.
Thresher CEO Tom Flessner declined to name the buyer Wednesday, but said the deal involves a group with which the company had discussions over its technology a year ago.
The company makes aluminum and alloy parts for customers in the lighting, automotive and other industries at its 18,000-square-foot plant west of Hanford.
Flessner said the sale price is 1 cent per share of outstanding stock, far higher than the stock prices between 2 one-hundredths and 6 one-hundredths of a penny per share -- $2 and $6 per 10,000 shares -- at which Thresher traded last week.
Over the past two days, the price has lurched upward. It closed Wednesday at two-tenths of a cent per share, or $20 for 10,000 shares, on a volume of nearly 3 billion shares traded during the day.
Hanford company accepts offer to sell The company reported receiving a letter of intent to buy on March 9, and directors voted late last week to accept the offer. Flessner said the board Tuesday approved efforts to finalize the sale "in an accelerated manner." Flessner said he hopes the deal will close by April 10.
On Internet stock message boards -- free-wheeling forums in which investors offer up opinions, theories and fears -- reactions to Thresher's news range from optimism about the rising price to fear that the supposed sale is a scam to drive the stock price up before insiders take profits and bail out.
Investor Doug Martin, a certified public accountant from North Carolina, said he's purchased more than 2 million shares of Thresher stock since the middle of last week, when Thresher announced it had received a letter of intent from a would-be buyer.
"I'm in the camp that this is legitimate until proven otherwise," Martin said. "If this was some kind of scam, it would damage the company forever, not only with customers, but whoever it tries to raise money from in the future."
Flessner said Thresher is cautious about identifying a buyer or releasing other information "because it's important to protect our company."
"There's a lot of smack talk out there and our phones are ringing off the hook," Flessner said Wednesday. "We can't say a lot yet because the attorneys are involved ... but the reason we put this out there is because it's a fact."
Plans call for the company to remain in Hanford, Flessner added, with the current management in place, after a sale.
Read more: www.fresnobee.com/2010/03/17/1863110/sale-of-hanford-company-goes-forward.html#storylink=omni_popular#ixzz0iXP3Htwj
even if the share price goes over a dollar what the company agreed to pay or its offer was .01 and shall not be higher than that
if the company agreed to pay .01 per share, then thrr could convert their series a and be shares into common shares and thats why you see a rise on the o/s you guys just go for the superfical thinking instead of every possible scenario..
my bad a tought it would be a 16% for every 100 of a penny...you are right
only 48% down after a 300 % up. i'm happy. tomorrow would be another and better day.
mm's have a lot to cover from yesterday seen that the price went so high. so now they are just acummulating shares to cover their loss.
even talking bad is better than no talking at all. so keep on the bashing because reading makes my day go faster, but don't think i would sell based on your opinion because your opinions are not good enough for me to shake
as a public trading company they have the right to pr every time they want, they can not say who the buyer is because then the price will deffinatly go over a cent, and that is nothing but taking advantage of the buyer position. so so far and happy with the way they have been handling the situation.
mine is showing a high of .003..
Date Open High Low Last Change Volume % Change
03/17/10 0.0028 0.0030 0.0019 0.0025 +0.0001 1494699648 +4.17%
Composite Indicator
Trend Spotter TM Sell
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 492304156
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 226188250
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: 67% - Buy
100-Day Average Volume - 148648109
Overall Average: 80% - Buy
Price Support Pivot Point Resistance
0.0024 -0.0011 0.0023 0.0057
that could be becase the value of the company is higher than the price offer and they are bringing more shares out to even out, they say the price is .01 but you don't know exactly how much money that could be
if i was a big company and had billions i will spend millions on buying a small company that has a product that would give me more billions
ask is at .0028
as long as this is legit, don't care for the flippers, bashers, panic sellers, mm's etc...
i think it makes sense. either one or money up front..
thanks partner
bashers doing what they do best....to bash to scare ppl and get their share to keep bashing left and right, but you know what ? they make money out of the panic sellers that's what they doit.. 100%
even if we all lose 10 dollars in the transaction, we should all buy blocks of 200 shares at .001 and you'll see it rise to it..
i was thinking tha maybe they make a r/s to eliminate shares so tha they can bring the price higher. just might opinion.
they are not only selling the company, they are selling a high value product, so the reality is, that who ever is buying knos how profitable this product would be, so i'm thinking the buy out price might be anywhere from .008 to .03 thats my opinion..
thanks
does anybody knows what the o/s and a/s is please ? thanks in advance...
somthing is wrong with tdameritrade is showing .00 at bid in a bunch of stocks
very possible
i would not sale the company. why sell if what i have is gonna make me big bucks. imo..
same here as in every other otc stock, very few can overcome the mm's game.
tipical mm's manipulation.. pump it keep it up for 2 or 3 days till all the buyers are in, then crash it to make all panic sellers lose, then keep it down with low volume for 2 or 3 weeks, then bring it up all of a sudden for no reason so new buyers come in, etc, etc.. same bs as always.. this is pinky land..
mm's doing their normal shorting now
who ? don't know ..why ? because of their success and results in all their testing for new generation led. right now no company would be looking at thrr financials but at the potential of making huge profits in the near future...