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Great info on RB.
Go and check out info - DD posted by Waltczyk.
It's a great read about the industry that VTGL is in.
GLTA,
In general, they provide access to the NYSE (used mostly by financial institutions; no retail).
From Vianet Direct website:
VIANET’s suite of products are at the forefront of electronic trading and yet, leverage existing systems used by the marketplace and the NYSE.
VROUTESM (VIANET Order Routing)
VTACSM (VIANET Timed Anonymous Cross)
VSPASM (VIANET Suggested Price Auction)
VSEARCHSM (VIANET Intraday Search System)
http://63.135.115.64/products.asp
Here are some FAQ:
1. How is VIANET different?
The advantages of VIANET include a robust technology that permits multiple institutions to interactively negotiate and execute block orders in an absolute anonymous trading environment. This system is geared to execute “fast” at the best market price, as well as “slower” as part of the auction market, working orders and taking advantage of price discovery. This hybrid capability allows the institution to choose the most suitable method of execution that best fits their strategy while always minimizing market impact.
2. What is a Primary Stock Broker (PSB)?
The PSB is a fully automated agency broker on the New York Stock Exchange. Our PSBs connect to VIANET using their existing wireless hand-held devices. Each PSB represents network orders based upon their assigned floor locations and particular expertise in specific crowds. VIANET’s network consists of over 100 PSBs, which allows for 5-7 brokers per post. The size of this network permits VIANET to thoroughly cover all equities represented on the floor of the NYSE.
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3. How do I connect to VIANET?
VIANET’s model allows customers to utilize their existing order management systems (OMSs) to interact with a variety VIANET products. VIANET can support order routing from these OMSs over any FIX interface and through an array of pre-existing networks. We have already been certified with the following network providers:
Macgregor
Traderoute (Charles River, Eze Castle, Linedata, Advent)
Tradeware
TNS
4. What types of firms participate in VIANET?
VIANET invites all market participants in the buy and sell side communities to participate in VIANET’s suite of products. VIANET excludes all retail customers from interacting with the system.
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5. How do I become a VIANET customer?
VIANET is open to all broker dealers and buy-side participants. Potential customers simply complete a client information sheet and VIANET will coordinate with the appropriate order management systems and network providers for seamless connectivity to your existing systems. For more information please contact our sales department at 212.747.0019.
6. Does VIANET provide pre / post trade anonymity?
VIANET provides full anonymity throughout its processing; from pre-trade all the way through clearing and settlement. All customer transactions are cleared and allocated between the customer and VIANET, enabled through VIANET’s clearing relationship with Merrill Lynch Broadcort. VIANET interfaces directly with Oasys and Alert products for electronic allocation processing.
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7. What type of trade support does VIANET offer?
VIANET maintains a control desk at our New York office. Our highly trained staff is here to support our customer base, PSBs and internal staff. Control desk personnel can assist customers with new account set-ups, trade inquiries, technical problems, and clearing and settlement procedures. All representatives are fully licensed, and maintain complete anonymity for our customers.
8. What are the hours of operation and crossing session times?
Order Acceptance: 8:30AM – market close
Control Desk Assistance: 8:00 AM – 5:00 PM
VTAC, VIANET’s Timed Anonymous Cross, will initially conduct 10 crossing sessions each day at the following times:
9:50 AM
10:15 AM
10:45 AM
11:15 AM
11:45 AM
1:15 PM
2:15 PM
2:45 PM
3:15 PM
3:45 PM
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9. Where do trades execute in VIANET?
All VIANET orders in listed securities will be executed on the New York Stock Exchange. However, VIANET maintains the ability to internally execute orders and print on the third market. NASDAQ securities will utilize an internal execution.
10. How do trades settle?
VIANET outsources all clearing and settlement functions to Merrill Lynch Broadcort. Allocations can be received electronically from Oasys.
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11. What is the difference between VTAC’s executions and existing crossing networks’ executions?
Unlike other crossing sessions, which match buyers and sellers internally and print third market, VIANET increases the execution rate by including unpublished floor liquidity into its cross.
12. How does VIANET charge?
VIANET is a registered NASD member firm that charges a per-share commission for each trade executed through the system. There are no fees for VIANET software or for connecting to our system.
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13. Do I need to subscribe to all VIANET products or can I pick and choose?
While we at VIANET believe you can benefit from participating in all of our products, each customer can choose amongst available products to find those most beneficial to their trading strategy.
14. What role does the NYSE have in VIANET?
VIANET’s system leverages all the products of Network NYSE; including NYSE+, Institutional Xpress, BBSS, and e-Broker and the new NYSE HYBRID Market.
http://63.135.115.64/faq.asp#faq2
GLTA,
Should be up day tomorrow.
Look at the last 30 min of trading.
8-K was out at 3:21pm.
57295 shares (43% of today's volume)were traded in the last half hour. All were bought on ask.
Don't you think it is some positive reaction to the 8-K?
Price Size Time
0.95 380 15:59:59
0.95 2500 15:59:14
0.95 5000 15:58:13
0.95 2500 15:57:58
0.94 5000 15:57:01
0.90 1500 15:56:04
0.90 7500 15:54:17
0.85 2000 15:50:11
0.90 2500 15:50:00
0.90 5000 15:47:07
0.85 10000 15:41:23
0.85 2500 15:37:10
0.85 5000 15:33:19
0.84 630 15:30:49
0.85 5000 15:30:49
0.80 285 15:27:19
GLTA,
Everyone is in a waiting mode. 200 shares traded today lol - no buyers, no sellers I guess. We need some clarity and more info regarding the merger (SEC approval, management, short and long term plans). Not much info available on VTGL.
RB is pretty quiet. We are all waiting for any news.
I'm still holding and hoping for the best. Hopefully soon, we will know more about Vianet.
GLTA,
OT Question:
Sorry...Should've read:
Have you ever bought/used analyst reports like "Pechala's Reports".
OT Question:
Have you ever buy/use analyst reports like "Pechala's Reports".
Are they any good? or just waste of money?
Any info appreciated.
GLTA,
diamondhappy1414 = islandecho = OnePaidLoser
GLTA,
No problem - anytime!
I still believe it is going way up, up, up.
GLTY,
NASD Rule 6530: Eligibility Rule
Hope it helps.
"...NASD Rule 6530 now provides that a domestic issuer must make periodic filings with the SEC, or with banking or insurance regulators and be current with those filings. The NASD will affix a modifier on the security’s symbol if the NASD has not received information that the report was timely filed. Issuers who file with the SEC will be granted a 30-day grace period before they can no longer be quoted on the OTCBB; issuers who file with other regulators will be granted a 60-day grace period. After the grace period, quotations in the security of the delinquent issuer will not be permitted on the OTCBB..."
http://www.rrbdlaw.com/1999/q499/otcbb.html
GLTY,
No "E" tomorrow.
Thanks jw!
Post from RB
By: jwpioneer
25 May 2005, 08:19 PM EDT
Msg. 1096 of 1099
Jump to msg. #
PNDR.ob Will not have an E per the below.
Notes
(1) Refer to the D/L of 5/24/2005; CPLY continues to be delinquent under NASD Rule 6530. CPLY is having a name change. The new symbol (CRGO) will have an ?E? appended to its symbol effective 5/26/2005. (2) Refer to the D/L of 5/24/2005; the following issues are compliant with NASD Rule 6530 and will not have an "E" appended to their symbol effective 5/26/2005 as previously announced: AOOR, ARTD, BUGS, DRDF, DRGG, GENX, GPXM, HBSV, IFDG, ITPD, IYSA, KTSY, MMAM, MNHG, PNDR, SECU, SENR, SFAR, SNIO, TMAX, UAMA, XHUA.
GLTY,
PNDRE tomorrow? - WHY????????????
We did file before the deadline!
http://www.otcbb.com/asp/dailylist_detail.asp?d=05/24/2005&mkt_ctg=OTCBB
Is it just a stupid mistake?
GLTY,
Hey serfdom!
I am still here. LOL. Most action on RB & PS boards.
I'm trying to get cheap shares as many of us. Flip from time to time but ALWAYS in.
It's been quiet, alright. Nothing serious to report yet.
Soooooon, I hope.
GLTY,
Rocko
I've noticed that. It's good that you can contribute and interact with other potential investors.
Looks like everybody is in waiting mood for now. Some are loosing patience. IMHO we will revisit low 0.08 and then we should break out on huge volume. Many investors are sitting on the sidelines waiting for the strong move up. Then $4 here we come. I believe it will happen. When? I don't know. But it is possible.
GLTY,
The PNDR story gets more and more interest and audience.
Good things to come soon.
Just check these Message Boards:
RAGING BULL:
http://ragingbull.lycos.com/mboard/boards.cgi?board=PNDR&startfrom=6
STOCKHOUSE:
http://www.stockhouse.ca/bullboards/forum.asp?symbol=PNDR&table=LIST&all=0&t=0&time=...
HSM CHAT BOARD:
http://www.hotstockmarket.com/board/cgi-bin/yabb/YaBB.pl?board=Stockstips;action=display;num=1114105...
MARKET MILLIONAIRES:
http://www.marketmillionaires.com/showthread.php?t=1930&page=8&pp=15
GLTY,
Interesting. Good info - thanks rocko
I wonder if the high volume and accumulation like behavior is connected to the SIGNIFICANT NEWS in the near future?
"...We anticipate significant news will be out with regards to Armistice and our other investment projects over the next 4-6 weeks..."
GLTY,
$4 - Clues or Coincidence?
"MARKHAM, Ontario--(BUSINESS WIRE)--April 13, 2005--Pender International Inc. ("Pender" or the "Company") (OTCBB:PNDR - News), on April 13, executed and closed an agreement for a $250 million equity line of credit pursuant to previously announced negotiations.
The terms of the agreement permit the drawdown of funds upon five days notice, on an as needed basis by Pender. Each drawdown amount is to be converted into registered common shares at a conversion price of not less than $4.00 per share. The agreement is non-cancelable and provides the syndicate with first right of refusal on all financing required by the Company up to $250 million. If the equity line is fully drawn, Pender will be required to issue approximately 62.5 million shares."
http://biz.yahoo.com/bw/050413/135870.html?.v=1
"The initial minimum bid price for a company listed on the NASDAQ SmallCup Market must be $4 per share"
http://www.rcalaw.com/news/docs/feature50.pdf
"TORONTO--(BUSINESS WIRE)--Jan. 28, 2005--Pender International Inc. (OTCBB:PNDR - News; the "Corporation") is pleased to announce the company has just entered the final stages of a large funding project that will assist Pender International Inc. with future acquisitions, increasing the asset portfolio of the Corporation, furthering the company's business plan as well as becoming listed on the NASDAQ."
http://biz.yahoo.com/bw/050128/285108_1.html
At this moment it seems like a distant dream...
Sometimes, dreams DO come TRUE.
Somebody knows something (strong volume).
GLTY,
Should be up from here.
First we have to break 0.30 resistance. Then 1-1.50$ should be next target and consolidation.
I am in with initial position. I will double it on breakout (0.30 -0.36) on strong volume. The latest volume shows strong accumulation by somebody.
0.15 - 0.16 support should hold.
All IMHO.
GLTY,
Good things happening at Pender.
Pender International does look like a REAL company now that cares about its shareholders. Just last year, they were touted as a fraud (Ex CEO trading; ONTARIO SECURITIES COMMISSION investigation). The last developments show that the company has chosen the right direction:
- CORNELL bye bye
- 250 Million Equity Line Financing (reg. shares at not less then $4)
- o/s reduced from 396,498,000 to 57,498,000
- recent acquisition: The View Hotel and Golf Course Complex Located In Niagara Falls Ontario
- buy recommendation by Senior Equity Analyst Howard Stillman
http://finance.yahoo.com/q?s=pndr.ob&d=t
As a danger of being Pump & Dump story I see Lebed pumping last week. You could make some money if you play smart. This is the OTCBB market so do your own DD and trust yourself. It is your money.
GLTY,
So far, it's been trading in a Trading Channel .17 - .36.
If you believe in company - good time to accumulate.
I prefer safer approach - I'll be back on breakout on strong volume. It has to break .36 resistance on strong volume.
http://stockcharts.com/def/servlet/SC.web?c=PNDR,uu[w,a]daclyyay[db][pb50!b10!f][vc60][iUb12!La12,26...
GLTY,
Looks like pps has reached bottom. Until june 30 Ex CEO can't trade (dump) any of his shares.
http://www.newswire.ca/en/releases/archive/March2005/11/c3686.html
In the matter of Michael Ciavarella, Kamposse Financial Corp., Firestar Capital Management Corp., Firestar Investment Management Group, and Michael Mitton
OSC ADJOURNS HEARING AND EXTENDS TEMPORARY CEASE TRADE ORDERS
TORONTO, March 11 /CNW/ - The Ontario Securities Commission (OSC)
announced earlier this week that the hearing to consider whether the Temporary
Cease Trade Orders in this matter should be continued until the final
disposition of the proceeding was adjourned on consent until June 29 and 30,
2005. On consent, the Commission issued an order continuing the Temporary
Cease Trade Orders against Michael Ciavarella, Kamposse Financial Corp.,
Firestar Capital Management Corp. and Firestar Investment Management Group
preventing them from trading in the shares of Pender International Inc., and
preventing Michael Mitton from trading in any shares in Ontario, until the
hearing on June 29, and 30, 2005.
Copies of the Temporary Cease Trade Orders and the Notice of Hearing are
available on the OSC's website (www.osc.gov.on.ca).
For further information: For Media Inquiries: Wendy Dey, Director,
Communications, (416) 593-8120; For Investor Inquiries: OSC Contact Centre,
(416) 593-8314, 1-877-785-1555 (Toll Free)
GLTY,
CEO webcast conducted by Shareholder Mike Hennessy
http://www.thegreenbaron.com/CEO%20Webcast.htm
s/o 57 498 000
http://www.otcbb.com/profiles/pndr.htm
Insider trading:
http://finance.yahoo.com/q/it?s=PNDR.OB
GLTY
Is a bottom?
Looks like it. The company did some clean-up. Michael Ciavarella is long gone, new funding in place. Now it is time to regain trust of the shareholders.
GLTY,
I have been doing some DD about Pender International for the last month. Why it was falling? What was the reason? I believe the answer to these questions is below. Hope that you'll be able to open the link:
http://www.osc.gov.on.ca/Enforcement/Proceedings/2004/soa_20041221_firestar-capital.jsp
GLTY, gielda
test