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Re: madaznfootballer post# 9166

Monday, 09/19/2011 4:32:03 PM

Monday, September 19, 2011 4:32:03 PM

Post# of 15629
Company is in Chapter 11 BK. Last extension ends Spet. 30th. Company has a buyout offer, today (Spet. 19th) is the last day for any objections from creditors. as of the close nothing on Pacer but they have until 11:59pm today to file anything electronically with the court.

911 trades are an old bogus tale :) There are some people that have 911 trades on radar between groups. Sometimes people expecting a PR or big news for the company send it out so its on thier groups radar. Seeing as how the buyout has no objections as of right now, I'd expect this to pullback a little tomorrow morning for beer money so to speak, then a retrace and some new highs nearing .015-.02 and a stairstep up through Sept 30th, when out of BK allowing the company to PR.
My sell is in at ~.05 Just prior to BK area.

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