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SPPH on the move, there's some pretty big buys coming in now. Does someone know something we don't????
It is not the same news as before...it's the same concept, but for a different part of California
News!!!! The contracts are coming in boys!!!!
Good buys coming in now...I think news will be out today or tomorrow
Those 3's are just the MM's talking with each other. The 65,000 at .0003 only represents $19.50
Those 3's are just the MM's talking with each other. The 65,000 at .0003 only represents $19.50
Once that first 3 pops, the fun will begin
Let's see 300+ million today
Wow!!!!...just kidding. That only represents $400...not going to blow my skirt up with that
I'm in this stock and I too would like to see it go up. But let's be real, 28,000,000 in volume only represents $5,600 in buys. It's going to take way more than that to get this thing going.
50,000 and 100,000 shares flying out at a time! Somebody wants this thing bad!!!!
I just received this from Strategema Capital:
Dear #####,
Following your request for information I am pleased to report that we now have in our possession a signed and witness agreement relating to the offer to purchase Spencer. The document also carries on it the official Al Durrah Group stamp as well as one from the State of Kuwait and is signed Dr. Bander Al-Dherary for that party. Following my discussions with Dr Arella he felt that things are progressing well.
I trust the above is in order.
Sincerely
I trust the above is in order.
Sincerely
Maurice Hennequin
Partner
Strategema Capital SA
1-3 Rue de Chantepoulet
1201, Geneva
Switzerland
Tel: +41 22 575 48 10
Fax: +41 22 575 48 15
Mob: +41 78 610 11 42
Skype: stratcap
mhennequin@strategema-capital.com
www.strategema-capital.com
Official Swiss Representative for the N°1 Equity Research by coverage, Top 450 European Stocks 4th
Best Equity Research firm in Europe (AQ Research) www.alphavalue.eu
Finally starting to see a little volume today...I got .05's a little over a week ago so I'm excited about the rest of the week!
What is weird though, I saw the MM abbrviation "fanc" acting a little strange...(as well as a couple others). Last week they undercut all of the asks by about 1.5 cent...then after about 30 minutes of trading, they rose their ask up to 60 cent and they have remained there for almost a week. Do they know something we don't?
Currently, there are 500,000 at .60 and 250,000 at 1.0
Gotcha, L2 is starting to shape up! Bids changing from .0005 to .0006!
What's everybody's expected exit date and exit price? I've got a sell order in at .0012, if if doesn't get there by tomorrow afternoon I may take what I can get.
L2 showing a lot of asks at .0007 and only 1 bid at .0006
Me too!!! I picked up 700,000 at .0005 yesterday before close...when is this thing going to bounce?
The following is a response that I recieved from Strategema Capital:
Thank you for your Email of the 22 November, and my apologies for not reverting to you sooner.
We have indeed been recently retained as third parties to assist in the assessment of various cash buyouts for Spencer Pharma. However, we do not have any details from the company at present in respect to the current transaction which you mention. I understand from Dr Arella that there have been certain initial discussions with the company and that a meeting is due in Montreal with Al-Dora representatives on the 29-30th November. Once that meeting is taken place I am informed by Dr Arella that will be provided with details and documentation of the transaction in question.
I trust the above is in order.
With kind regards
Yours sincerely
Maurice Hennequin
Partner
Strategema Capital SA
1-3 Rue de Chantepoulet
1201, Geneva
Switzerland
Tel: +41 22 575 48 10
Fax: +41 22 575 48 15
Mob: +41 78 610 11 42
Skype: stratcap
mhennequin@strategema-capital.com
www.strategema-capital.com