AI
Friday, April 01, 2011 5:01:41 PM
MNCSQ - Huge lotto play, DD 04/01/2011:
Manchester Inc. (now known as Navigator Holdings, Inc.)
Very small S/S. With next filing or take-over of shell it could be a mega gap and run.
Yes there's a large bid/ask spread (currently .0016x.0088 as of 04/01/2011) but that's because the S/S is so thin and hardly any shares available at these levels here.
On next filings this can easily go .20-.30+ and if the content is of substance even much higher. This was trading at $6.50 pps few years ago with the current S/S.
Latest filings show it's a clean dormant shell now just like QSGI* was before it took off and got it's Q removed.
It could take a while until this moves big time but i don't mind holding for when the shell might be taken over or any other filings/ news happen this will go kaboom big time!
MNCSQ
Market Value: $171,400 a/o Mar 31, 2011
Shares Outstanding: 34,280,037 a/o Feb 26, 2007
Manchester Inc. (now known as Navigator Holdings, Inc.)
Very small S/S. With next filing or take-over of shell it could be a mega gap and run.
Yes there's a large bid/ask spread (currently .0016x.0088 as of 04/01/2011) but that's because the S/S is so thin and hardly any shares available at these levels here.
On next filings this can easily go .20-.30+ and if the content is of substance even much higher. This was trading at $6.50 pps few years ago with the current S/S.
Latest filings show it's a clean dormant shell now just like QSGI* was before it took off and got it's Q removed.
It could take a while until this moves big time but i don't mind holding for when the shell might be taken over or any other filings/ news happen this will go kaboom big time!
MNCSQ
Market Value: $171,400 a/o Mar 31, 2011
Shares Outstanding: 34,280,037 a/o Feb 26, 2007
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