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Ok, so I'm new to BKs. Let me know if I'm on the right track here....
If JPM settles w/ WAMU and pays them X amount of dollars, does the "Q" subsequently get removed from WAMU and the price moves back upward to a fair market value of the co.? Or is there another process to how this whole situation works?
Gee, that figures, I buy more @ .146 (trying to get in under .15 and add to my position) and then it drops off a bit! I have THE WORST luck. LOL
Thanks for the insights Bob. The warrant price idea might be a distinct possiblity. Time will tell. GLTY. David.
I can't quite put my finger on it, but something about this whole drop here over the past week or so just seems peculiar to me. Call me crazy, but I wouldn't be surprised to see this rebound just as quickly (if not even quicker) than it has fallen. We shall see.
Thoughts here? When is the next conf call? TOmorrow?
Yeah I got in here a few weeks ago @ .50....have loved their store for years and couldn't believe how far it had fallen. Not sure what will happen here, but I have to believe that it will rebound to $1 + sometime in the not too distant future. Liked the fact that their revs are up 78% from last qtr. Holding for now to see what happens.
Held above .40 at least
THIS IS HUGE!!!!
thanks calitrader, appreciated. almost sold around .60 but held off. tomorrow should be interesting.
calitrader - would be interested in your thoughts from a technical standpoint after today's action. TIA.
What in God's name is going on here today???? Up to .62 now down to .41 !!!??? This is sick stuff.
Am I reading this right? Back in June of 2007 this went from .04 to 2.25 in ONE DAY????
Ditto that jimmybob, like what I'm seeing here so far.
Thanks everyone, glad to be here. Now let's rock and roll!!!
In @ .02 GLTA
EBHI lookin' good....
Would love to see this get back above $1.00
Very nice, lets hope it turns out well. I jumped in this yesterday @ .50
Massive volume here today....is something up?
Thanks mdavid....that is one of the scenarios I'm worried about. The only certainty in the market, and especially in the pennies, is uncertainty. We shall see. Made some nice profits late last week and my trigger finger will be itchin' to put them into this. GLTA.
Wow, I've just caught wind of all this buyout news....impressive. I've owned this stock a few times, rode the first wave way back when from .00's up to .02 or so, then bought back in when it went back to .000's and flipped for a few ticks....wish I had held! LOL. Congrats to all those who have held strong. I might throw some more $$ at this tomorrow, will depend on the open price, don't want to go chasing. Who knows where this will go from here, but should be a fun scenario to see play out. GLTA.
Not sure what you mean here jason.....I had a few sell orders in at the ask in a few other plays today and NONE of them got filled. At the mercy of the MM it looks like. GLTY
I agree, very good news today! I picked up another 2 mil at .0003 GLTA
Woo hoo!! Picked up more at .0011 today!!!!!
Yeah, we've seen how it can run w/ buy volume....any idea what triggered it last week through yesterday? Seemed to run on nothing.
Because it's so thin? Or other reasons?
Same here, looked away for at bit when it was around 56....came back and it's under 4. Need to free up some more ammo.
What in holy @#%()&* is going on here?????
I tried to jump in this late in the day, but couldn't get filled. Will try for maybe .0024 on Monday if it doesn't gap. GLTA
Thanks Wyatt, I appreciate it
Wyatt, what is TRIX? Thx.
I think the waiting has finally destroyed Magnetic's mind....
Nice going.....wish they would fill my order @ .0003
FILL MY 3!! FILL MY 3!! FILL MY 3!!
LOL
I got an order in @ .0003 but won't fill me
How about .0006 instead!!!
Threw another $140 at this. Wish I could have thrown another $1400 at it, but I'm tapped out. Figured any amt is a steal @ .0004
You had better believe that if and when this thing falls back to trip zeros, I will be loading the boat!!!!!!!!
All I know is that I wish I wouldn't have sold out at .01 Made some money no doubt, but wish I would have had the guts to hang in there....congrats to all who did. You have been rewarded nicely. If this thing EVER drops back to trip zero's I will be loading the boat!! Wish I would have last time....
anyone have current B/A?
You beat me Mr Page, I grabbed some more at .015 today. Hopefully one tick eventually won't mean a thing.