News Focus
News Focus
Post# of 5033630
Next 10
Followers 6
Posts 1105
Boards Moderated 0
Alias Born 09/20/2003

Re: i_like_bb_stock post# 480558

Monday, 12/26/2005 12:20:57 PM

Monday, December 26, 2005 12:20:57 PM

Post# of 5033630
BB, they revoked an SB/2 but still owe Cornell close to $2M. The note is worded as a fixed price convertible at a nickel, but has some contrary language. In any case, MSSI has the potential to pull it out of the fire, but the RW was step one of two and step rwo needs to happen (ability to pay debt from operations).

I had expected an ugly cup and handle with the recent(ish) .045 forming the handle but it never finished forming and so I wait... (last time I wait long).

I think its a candidate for January effect, especially if they give Q4 results (preliminary) early.

You almost always leave money on the table -- make sure you leave some of the other peoples' instead of all of your own..

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today