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As usual,the lovely Mrs Faust has more Tronox than I do...but I'm in her will...baby's on FIRE this year-got out of NBRI at .06,GGP at $15,has a bunch of ultracheap MESA and of course her ABITQ darling that got her hooked on all this in the first place..
can anyone else explain this massive volume/price spike?-MAYBE there really IS a "Mr Big" from South America buying this...
What happened-did one of the bashers really hang themselves in front of the webcam?
Copper moving on up to that $8k psychologic break point-this will go crazy in time...
Tronox continues its inevitable march towards a buck-it's worth $5..
not a big limb... lol
This is too sweet looking to pass up-getting in this AM..
CTDBQ catching fire again,ready for the next round...
Great board,MC-glad to be part of it..
Double up or quit....only card I need is the Ace of Spades...big swings on this bad boy...
To each his own-good luck in the future. Some folks just don't like playing/holding "Q" stocks...not me....
CTDBQ just getting started-alot of assets,very undervalued "Q" imho
It farted,I missed the smell....oh well....
Maybe there will be a high dollar takeover cat-fight like GGP-hasn't hurt them..
In with 50k at .25- I love a good asset-heavy "Q "play...
Picked up 100k at .0125. Good buying op-nothing like mob panic to help the nimble trader...
We drop 8% on less than 30k shares traded-see the MM's are back to their usual monkeyshines..
SGCP is now almost too cheap to ignore..
No judge can 'deny" punative damages WITHOUT HEARING THE CASE!!
Why give a guarantee at all-seems to me it only becomes an issue IN BANKRUPTCY
Absolutely correct. Both are civil actions,but BK tends to be Federal,while contracts actions are state or local
Punative damages are awarded by the JURY,not the judge-he can instruct them to the contrary all he wants,but their monetary verdict is up to them. A majority of states have an automatic appeals process when punative damages are awarded-we need to file in a different venue,this judge sounds like he has a tumor or something...
I agree,Cork-they will fall to subpenny in a heartbeat,but I am afraid to play them for a bounce-seems these guys have very little in the way of assets that could be sold-most of their stores are rented,and how much could a few million used plastic DVD's be worth?who knows-guess I'll need to consult the lovely Mrs Faust on this-found out she has been following my posts ,and bought 40k of CEMJQ in the mid 20's,which she STILL has-I sold all mine...found out yesterday afternoon when she announced she is buying a second house for us in town,and paying CASH- I am a psychiatrist and not much suprises me....right.
Do you own any of this? If not,then please leave and take your mindless prattle with you.I don't put people on IGGY,but you have become a major irritant with nothing substantial to add.You make outrageous claims,but don't have enough sand in your pockets to explain them. You say this is going to .03-can you explain how or why you came to this conclusion?
Good luck,and take care of yourself-your health is #1. Don't worry about Lehmans-this saga is far from over.
Even as we speak,several large law firms are putting together the machinery to sue Mellon Bank in a class action for breach of their fiduciary duty.I am in my second year of law school,and have talked to several business/corporate B/K lawyers here in the mid-south-I can't give any names or specifics(I want to get my law license at SOME point)but look at my profile,past posts-I try not to pump,and never post erroneous BS if I can help it. ACDU has dumpped their position over the last few weeks-now we know why the PPS has eroded(or at least have a reasonable basis for speculation).As trustee,Mellon Bank had a fiduciary duty to file for and seek enforcement of the guarantee-they were supposed to do this for all holders of Cap Trust shares-they failed,and will be held accountable.Yes,the lawyers will probably get between 30%-50% of any settlement,but we WILL get alot more than the paltry 20 cents we are offered now. As I have said in multiple posts,I am prepared nto hold on to this for years,and will average down if it drops. GLTA,and have a strong heart.I know it is hard to believe in the legal system,but never forget one thing about lawyers-for every asshole out there trying to screw you out of what is yours,there is his advisarial counterpart fighting just as dirty to keep your rights intact. Faust357
On the fence about adding here-WWVID?(what would Value Investor do?)
"They(jpm)were getting it for free. Now they are getting it for free plus a mail-in rebate"Made me sick to read that...
I agree. Posts like "REWCQ up 230%"(i made up the symbol)tell us nothing-ALOT of Q's will go up a gazillion percent on 5000 shares traded,or they are some q's that are essentially shells that people try to unload.This board has always been dedicated to asset-positive companies in BK that have a chance to shed debt,restructure,and fight another day while keeping the commons intact. I know alot of the chatter here has to do with companies like Nortel,who have announced their commons are cancelled but continue to trade,and people can and do make money playing these. My hat is off to them-I look for BK companies that still have value,and this board provides alot of info in that direction,and I hope it continues to do so..
Great find-maybe Mesa and Delta have worked things out and are gonna have a new deal-THAT would mean revenue for MESA,and Delta could avoid some potentially nasty court rulings...
As a practicing psychiatrist,I smell a lithium deficiency.Maybe just a bullshitting noob who just got BUSTED!!!!!
Agreed-a stop loss is tantamount to suicide imho.
Bankruptcy Data.com put out an article today stating WAMU had filed a PLAN,and the preferreds and commons would be cancelled.For a first round of negotiations,does this suprise anyone? This is a "plan"-nothing final,not approved by the judge(sure as hell not by FDIC)-to me,this is a chance to load up on some cheap K's.
This is a core holding for me-adding on the dips,dollar-cost averaging. One day dollar bills will be cheaper than toilet paper,and people will be wiping their bums with Washington's face.metals are where it is at,with all the worldwide government debt...
I can deal with that...looking to accumulate if we fall much more...double up or quit,the only card I need is the ace of spades..
Folks having trouble with trades on Pinks today all across the system..
Does that mean we will get paid in this lifetime?
This one is ALL MINE(no pun intended)
Just picked up 110k at 0.019-got gold fever...
Doing great on no news-guess the MM's have accumulated enough inventory and are letting the free market take over for a change.The lovely Mrs faust pulled the trigger whilst I was sleeping,dumpped all her WAMU freebies,and bought another 100k in the teens.Does the fact that my wife owns more of this than I do cause me any narcisistic injury? Not until next tax season,when she will predictably expect me to pay taxes on her capital gains-which I will happily do.Women-one way or another,you always pay....Good luck to all my fellow old-timers-we have been waiting what seems like forever for this...