Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
TDGI, Please respond.
I am looking to get into tdgi. I am a college student planning to take my Series 7 in the future. I have done my fair share of DD in regards to TDGI and I know that the potential for this thing to explode within the next 4 to 5 months is unprecedented.
I want in. Like I said I am a college student. So when I say I want in I mean I want like 6000 shares, I know to many of you that is weak.
I need some advice. To my understanding, there is going to be news released on Monday. With the price climb on Friday I am looking to see many people who are not on this board dumping and flipping their shares.
I would like to know what you all think a fair limit would be for monday, or if I should wait until later in the week to buy in.
I currently have a limit at .029, however, I feel like I am underestimating the security. Many of my friends believe that I could potentially get filled at .029, but I would have a much better chance around .033 or .035, any advice? Private or Public reply would be greatly appreciated.
GO TDGI!!!
I got in at .6889 I am holding. FDA approval is almost a month and a half away. If approval should occur we could see CTIC reach 3 to 4 dollars by mid-May maybe even higher. I think a lot of people will begin to buy in up until March 22nd. In all likelyhood we will not receive any information until a week after the meeting. Therefore speculation should drive the price of this stock up.
Currently my exit is 1.70 but it all depends on your risk tolerance level.
does this mean a settlement is to come tomorrow?
Whats the real possibility of this thing climbing a few dollars?
Payout Possibility?
"If $800mil is needed to cover bonds and preferreds, then a $4bil settlement above the depository accounts will give $3.2bil to commons.
$3.2bil / 1.7bil shares outstanding = $1.88 per share."
I know not everyone goes through every post so i copied this. This is probably the minimum Qshares would see... thats only a 4Bil settlement. We could see much more than that.
I am not an expert or an analyst, however, I feel that the coverage earlier w CNBC saying that wamuq is a "cheap lottery ticket" isn't exactly horrible.
We may find ourselves tomorrow among many new investors who are willing to take the same risk that most of us post-seizure investors did, but paying even more for their shot at $2-$20 pps.
Not to mention, If I were a broker and I did my research I would have been jumping on Wamuq a long time ago, but many people may have looked over it. The fact that a lot of investors are going to see the 1000%+ jump in Wamuq this year and over 100% this month will lure them in whether they know what they are getting into or not.
Bad publicity is better than none.
If we see new investors tomorrow and everyone holds and doesn't get scared that they may not get a settlement the price could rise fast and hard. We could easily see .70 tomorrow and in that case all of the MMs who are shorting will lose out. So JPM on buy more cheap shares.
Go WaMu Long and Strong. I'm counting on my $4+ pps
I wouldn't put it past them either... Oh well. As long as i get a pay off thats all that matters. A friend told me there was a post that said $13 a share does anyone know which post this was? I want to look into their math.
There are a multitude of reasons why JPM would be buying wamuq...
but the two obvious reasons would be to:
a) payout in wamuq shares and pretty much screw us over even more
b) to limit the amount of outstanding shares that they will have to make payouts to.
However, if JPM, or subsidiaries were found to be buying up wamuq shares wouldn't that lead to another lawsuit or more problems?
Idk if JPM is that dumb, but based on their track record, its very probable that they are eating up these shares.
I completely agree they should entitle it "Jamie and his crooked eyed friends".
Honestly, if sh*t hits the fan w JPM and its pps is negatively affected and we own restricted shares we are in the same boat as we are now.
Its corporate crime and greed at its best.
So here is the ultimate question...
The ibox states that there is 3 different ways we could be paid out. Strictly cash, cash and JPM Stock or cash and restricted JPM stock.
What about strictly JPM stock or JPM restricted?
Anyways, does anyone have any idea of how this would work either based on historical evidence or a stated standard? Will our stock disappear from our accounts and our payout will go through our brokerage firm? Will a check be mailed to us and we keep our stock? Will we receive our JPM stock through our brokerage firm?
And what kinds of hoops will we have to jump through to sell our restricted stock if that is what we were to receive?
Anyone?
IMO.... I think that JPM stock would be the worst form of payout bc after this is all said and done with pps of JPM should drop drastically... maybe thats why they would want to give us restricted shares.
Wait a minute???? So FDIC can just take over a bank and sell all of its deposits with out Management even knowing about it? What?! FDIC will burn as well as JPM and I will get my payout. Welcome to vegas baby.
Didn't ozzy bite the head off of a bat? Before my time...
Bad publicity is better than none I completely agree. Maybe we will get some new investors tomorrow and drive the price back up so if in fact JPM is trying to buy shares low they will be screwed and MMs will be SOL on their shorts.... Love it.
If a 30 day confidentiality agreement was signed I think we would see this baby soar over 1.00 easily in the next month but we would have a lot of manipulation going on because MMs are always going to exploit opportunities to make easy money.
I want ppl in not out, im not trying to scare anyone. I was worried myself to be honest because I added today. I told people to place their orders now bc a lot of donks are going to try to get in or back in tomorrow.
Great informational article. We should be in for an exciting couple of weeks. CTIC is definitely showing signs of breaking through the 1.15 ceiling. Strong buy analysis is all I can find on pretty much every site out there in cyber space. This stock has potential, trust me it does. If pixantrone gets approved in April we will all be watching this baby take off.
If I had to guess I would say that in the next week approaching the March 22nd meeting we will see a rise to about 1.40+ If the meeting goes well we will have a lot of time to play the game until late April when the FDA will release their decision. At that point a lot of MMs will be trying to manipulate the stock however, I urge everyone to hold strong. Sell if you want to cover, but if the FDA approves pixantrone this stock will hit 7.00 by Dec 31.
Ok maybe holding period was the wrong term, settlement period is what I was looking for. Most securities when traded have a 3 day settlement period as does WAMUQ. Any intelligent investor understands that the purpose for this period dates back to the beginning of the NYSE in which investors had 3 days to provide their brokers with the cash for the trade.
This is still true today for people dealing with live brokers and not trading online. However, companies have now utilized this time frame to decide who gets paid dividends. If Investor A sells a stock in the secondary market(which is what WAMUQ is traded in and if you dont know this you probably should not be buying bankruptcy securities in the first place) on the 23rd and the record date for a dividend is the 23rd, 24th or 25th, Investor A is entitled to the dividend, if the record date falls on the 3rd day or after Investor B is entitled to the dividend.
Settlements work in the same way. If people were to dump today and a the settlement goes thru friday, is declared and recorded, then investors buying in tomorrow would be SOL and depending on the form of compensation from WaMu they will either sit on their shares or be compensated for their principal.
I am a junior in college and just passed my Series 7, so I would appreciate it if my intelligence was not questioned. But we are all WAMUQ friends here and u do have the right to question me thanks for callin me out on the bad wording.
Sell orders at $50? um why? and what broker is going to be asking to short my shares after todays run we are going to stabilize tomorrow.
With bankruptcy stocks, if a settlement were to be approved/accepted and your shares were not settled you would receive your principal back. Therefore all u should lose is your brokerage fee. However, just because a settlement is decided upon that does not mean that a declaration of payouts will be made that day, in fact, it is improbable that that would occur. I say jump in and enjoy the ride!!! Quick tip - Place your order now for the opening price. a lot of dumpers are going to try to re-enter tomorrow.
If someone purchased today they DO NOT count today it is a 72hr holding period through brokerage firms, this disables investors from buying stock knowing that a company is to declare dividends in the next 72 hours and the dividends are rewarded to the previous buyer, however, just because a settlement would occur on friday does not mean that WAMU will declare rewards to the stockholders that day, so most buyers are fine.....
Plus although I asked a question pertaining to that, lets be honest with ourselves, how often are cases such as this postponed? We are waiting on a settlement which we may not even get... IT may end up coming down to a court decision that could take weeks.
I am all for the settlement and I am hoping to make a decent amount of money for a college student, but I am not putting my buggy before the horse.
Only time will tell IMHO
Here is the question... I have been watching wamuq for the past week or so and saw the boom yesterday. I bought in today at .37 when we hit rock bottom. Obviously it takes 3 days for securities to settle... if the settlement were to go thru on friday will I be entitled to it? My stocks settle friday and that would be the same day as most are saying the settlement will occur. What if it is tomorrow??? I feel like just bc WAMU settles it does not mean they will declare the rewards to the shareholders the same day, therefore there will be a waiting period and then a declaration of rewards with the record date being that day as well (like dividends work) Am I wrong? How will this play out?
And I have done a lot of research on bankruptcy stocks over the past few days. The shareholders are usually entitled to large sums if a court case is won or settled but how will we be rewarded? Will it be cash or stock? Any info is greatly appreciated and references to sites would also be helpful.
Looks good today. According to my broker we will experience a consolidation period and then we should see CTIC make some gains. I got into it at .69 on Feb 23 because my father is a medical professional and was praising pixantrone and said that FDA approval is near.
However, does anyone know when exactly the FDA meeting will be held? Thanks.
im in at the opening price, in the long run it isn't going to matter what I get it at if and when the settlement goes through.
I want in! Help please?
I want in this. However I don't know what strategy is best. I want to get in early in the day tomorrow if the stock is going to continue to soar, however, I don't know if I should place an order now and press my luck with the opening price or hold off until later in the day and wait for some flux in the price. Any ideas on what its going to be like at 9:00 am?
Should I Buy?? Is WAMUQ really worth getting into now? a lot of speculation is going on about how this could reach anywhere from $8 to $24/share but isn't it not a bankruptcy stock? I don't want to put a fortune into it, maybe 2/3k shares if I do. But is it really as good as everyone is speculating or is the bottom going to fall out?