InvestorsHub Logo
icon url

mnfats

07/23/05 12:29 PM

#4853 RE: arbpro #4852

That 100 shares was probably not even a trade, but the MM's establishing some kind of price on a revived issue. If this deal happens the prevailing price of NWAU will determine the bid/ask. JMHO
icon url

albanycov

07/23/05 12:59 PM

#4859 RE: arbpro #4852

Catch you breath AB the $6.10 will be the price after the meger. Is it becoming clear now??
icon url

Smith111

07/23/05 1:01 PM

#4860 RE: arbpro #4852

Why would a stock that doesn't have operations or good fundamentals want to be purchased or traded? It's just a shell company that happens to have BB status, that's it. They have all the proper filings in place and are looking to purchase or merge with an existing operation. Many companies are like this, some are actively traded, and others are never traded. Probably on the day of the trasaction, somebody that is familiar with NWAU bought GEIV in hopes of a run-up. It probably hadn't been traded, and had the ask at $6.10 because of the merger, so someone bought. After the merger is complete, won't this stock be valued at around $6? I think so... You shouldn't look too deep into 100 shares anyway....LOL I'm sure the stock only has insider transactions, but no public investors would take that risk. Plus, you can price a stock at whatever you want, but it doesn't mean someone will buy it. If someone does, more power to them. As far as the other more detailed information goes, you should contact the SEC or other professionals, but I can tell you this much: It's Not a Scam. There has been way too much publicity and information released for this to be fraudelant, that isn't even a question at this point. LOL

Now...how do I put you on ignore? Maddog, can you have more than 5 ignores somehow w/o paying to be a member?