Electroglas, Inc. (fka EGLSQ)

[kingfisher1964]

ONLY I KN0W THE STORY HERE hey guys most of you just jumped yesterday after this small run while i have been with this for long time almost 2 years even after the filing of BK there were too many here posting saying this is a finished stock.

Well legally offcourse yes as if in BK if teh company cancels the common stock this would be a big 0 but i was betting on the company and just watching closely for long time and the filings the recent 13C filings by many big pension funds gave me a hope that something big is grooming in.

Many here just feel that the sell of wafer business tyo EC sysytems is teh only deal ij here they are clearly long,thats just peanuts look this company has the biggest technology one of its kind .thats the cream many semiconductor units will envy to buy that out.

Well all depends on teh outcome of the BK process if teh commons are kep we are saved or else we are 0.

But looking at yesterday's move the MMs surely know that commons might continue and alost 50% of float was traded yesterday .Iff we get good news on the commons than sky is the limit.Dont forget this stock was traded at 42$ few years back and not just one trade regular trading for months.

Next few days would be interesting it looks people have shorted this like vermillion i see similar possibilities here,if teh commons are kept anything below .20 is cheap here.

For BK process you can watch the details on the following two links

http://omnimgt.com/SBLite/Templates/A/Default.aspx?clientId=CsgAAncz%2b6YjTTxZiUudjJ%2bhQGmgPCnLHF2K1SywUY2bKeEpm04b1uW8REMbrailMiBiCMoGJdw%3d

http://www.omnimgt.com/Public/files/home.aspx

all the best guys