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Hello,
I inherited some shares of this (preferred) and have no idea what to do about it; is there any chance that shareholders will receive anything for their shares? How can I find out what to do with/about this? Thanks for any help or info.
Anything going to trickle down to equity?
Recovery of 117 million.....
I have No Idea, I own the preferred and haven't heard anything for over a year.
What is going on with chapter 7?
Very interesting volume yesterday/hmmmmmm
It clearly states that the stock won't be authorized to be quoted in a interdealer quotation system (aka Pink Sheets).
Provided the company does not cancel ACPIQ shares it must have value
which is worthing to hold. They bought in the bad timing. Look CGSYQ
in the next week and it might be the huge runner: 1000% easy gain...
I wonder: if this were worthless, then why insiders such as "RECP IV CITE CMBS EQUITY, L.P" bought the hell out of this stock on March 17 2010?
It is a CH7 company. Why ACPIQ trades at the MV higher than CGSYQ's?
CGSYQ had already bottomed out at the unbreakable support 0.0005! It
has about 20M shorting shares so far and 20.75% insiders ownership!
The first rally it soared to 0.0048 from the 52-week low 0.0004. The
second rally it exploded to 0.003 from 0.0007 within a day. Majority
of floating shares already transfered to the strong hands recently.
The coming rally will rocket to .006 at least. The telecommunication
technology company will soon exit from the CH11. Extremely oversold and undervalued compared to ACPIQ! 0.02 a share cash value.
As of yesterday about 10M shares dumped at .0011 ~ 0.002. Why people
still bought the shares at 0.0022 ~ 0.004? Will the shares survive?
So far about 5M shares dumped at 0.0011~0.002! When will the company
cancel all the common shares since it filed the CH7 two years ago?
New 52-week low 0.0011 was created last week! I bet the huge owners
will dump another 4M ~ 5M shares at 0.001x as they did at 0.002x...
Why the stock crashed 56% to the new 52-week low 0.0011 today? Would
the company cancel all the common shares due to the end of CH7 soon?
Why had bought over 10M shares at 0.002 ~ 0.004 recently? Why? Sad!
Iam not buying, iam gonna buy if their interest starts coming in.
How many shares did you buy at 0.002 ~ .0022? I am holding 3M shares
since it first hit 0.002 and will buy more if the price back to .002 again (0.0021 x 0.0025 now)! I wish they dump more shares at the bid
iam surpised their still dumping..
As of today about 2M shares dumped at 0.002, 1.1M shares at 0.0021,
& 2.5M shares at 0.0022! Who dumped them? Why since 0.002 is bottom?
Who are those very stupid sellers which dumped near 2M shares at the
bottom price 0.002 as of this moment? ACPIQ will back to 0.004 again
Well, 0.002 seems an unbreakable support or bottom! So far near 1.5M
shares dumped at 0.002. However the bid never failed through 0.002!!
Could be very soon!
sooner then i thought..<>
Why someones kept dumping the shares at the bottom 0.002 even after the price bounced back to 0.0026 or .0025? Shares cancellation soon?
It seems the support 0.002 will soon be broken. As I know totally 4M
shares dumped at 0.002 ~ 0.0022 as of today. Why ACPIQ kept falling?
If it does that would be huge news; alot of people would see this as a real potencial..<>agreed
I bet the company will exit from the bankruptcy within a few months.
ACPIQ has huge cash value and book value! It might be another VSTNQ.
any thought when the Q might be gone from the stock symbol???
I may buy 1M shares if it pulls back to 0.01. ACPIQ is ready to soar
and may hit 0.014 within the coming days due to extremely oversold!
Some people on Yahoo website said it may rocket to 0.15. Huge upward
potential in the short term. Can you please add my friend "Estrella"
to the board or let me be the temporary moderator to add him in? The
board is too quiet now. Thanks in advance for your response & help!!
iam still in DGRI,, i might look at it when volume and momo comes in though.
Hi, buddy, I think both ACPIQ and WLVT are ready to soar 300%~1000%.
Why did not you buy them while the price is still very cheap & close
to the bottom price or 52-week low? I bought some shares today & the
return might be surprised in the coming days. Extremely oversold may
generate huge potential according to my experience. By the way could
you please add my friend "Estrella" to the board? Thanks in advance!
$3.74 per share book value. $9.11 per share cash value. $107,000,000
operating cash flow. Extremely oversold and undervalued below 0.008.
It has already bottomed out at 0.002 yesterday & up 55% so far today
and may soar to 0.006 ~ 0.008 in the coming days! Huge sell-off was
done yesterday and I hope get some cheap shares at 0.002 ~ 0.0021...
why? how low can it go???
Another new 52-week low 0.002 was created today even the bid (CSTI)
was never fallen below 0.0022! Huge sell-off seems done now. Cheers!
WLVT is trading in extremely oversold & undervalued price level now.
New 52-week low 0.0022 was created today! Sell the CH11 pos scam at
the bid ASAP before it hits another new low 0.0021 or even 0.002...
New 52-week low 0.0031 was created today! Sell the CH11 pos scam at
the bid ASAP before it hits another new low 0.003. I am glad to have
shorted some shares at 0.008.
Agreed iam just looking what the stock is gonna do next...<>
I am very excited about the possibility to buy the cheap shares near
the bottom price or even below the 52-week low 0.0041 because I sold
majority of my shares at .008 already & I am afraid the stock breaks
out 0.008. Hopefully all the weak hands can get rid of the positions
Iam too scared to buy right now..
i think the chart needs to stabalize a little..<>imo
Hi, buddy, do you know why the price crashed to 0.0045 from 0.008? I
mean after hundreds of thousands shares bought at 0.008 why someone
is willing to sell at 0.0045? It must be the very sick shorter / MM!
You are right. It is up 96%- already from 0.0041 to 0.008 and almost doubled! ACPIQ is heading onto the 0.0123. Please do not sell at bid
ACPIQ is up 32% to 0.0054 from the bottom price 0.0041 today! It may
test the recent resistance $0.0123 tomorrow. Extremely oversold now.
It is up 22% from the 52-week low 0.0041 to 0.005 now! .0123 will be
the ceiling in the coming rally. It is extremely oversold below 0.01
Why so many stupid sellers kept dumping the endless shares at 0.0042
~0.0045? ACPIQ would already bounce to 0.0123 if they stopped those
dump! With 94M shares OS at .0042 the market value is only $394,800.
I agree this announcement didn't help anthracite shares .
Ambac shares almost doubled after a similar anouncement.
Perhaps investors don't buy it, because BLK is also BAC bond holder and there's appearance of interestconflicts..
I am wondering who have been selling the endless shares at 0.0042 ~
0.0045? Why (the 52-week low is 0.0041)? It has already dropped 40%-
from the previous 52-week low 0.0068. Will it drop further to 0.004?
Pimco, BlackRock inc and the Federal Reserve Bank of New York are seeking to force Bank of America corp. to repurchase soured mortgages packaged into 47$billion of bonds by its Coutrywide Financial corp. unit, people familiar with the matter said. The bondholders group wrote to Bank of America citing alleged failures by Countrywide to service the loans properly. Investors are stepping up efforts to recoup losses on mortgage bonds.
Countrywide's servicing failures, including insufficient record keeping, may oppen the door for investors to seek repurchases by bypassing the trustee, said their lawyer at Gibbs&Bruns If the issues aren't fixed within 66days BNY Melon(The trustee) should declare Countrywide in default of its contracts.
Brian Beades, a spokesman for BlakRock declined to comment.
JeffreyV. Smith a spockman for the New York Fed, declined immediate comment.
To contact the reporter on this story: Jody Shemm at jshemm@bloomberg.net
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Outstanding Shares: 93,951,522 Shares.
Floating Shares: 93.03M Shares.
Shorting Shares: 1,820,904 Shares.
Number Of Shareholders: 1,068.
Authorized Shares: 400,000,000 Shares.
Company Status: In the CH7 bankruptcy process.
Anthracite Capital, Inc. is a specialty finance company that invests in commercial real estate assets on a global basis. The Company's primary activities are investing in high yielding commercial real estate debt and equity. The Company combines traditional real estate underwriting and capital markets capability to maximize the opportunities arising from the continuing integration of these two disciplines. The Company focuses on acquiring pools of performing loans in the form of commercial mortgage-backed securities (CMBS), issuing secured debt backed by CMBS and providing capital for the commercial real estate industry in the form of mezzanine loan financing and equity. The Company is managed by BlackRock Financial Management, Inc. (the Manager). The Company's primary investment activities are conducted in three investment sectors: Commercial Real Estate Debt Securities, Commercial Real Estate Loans and Commercial Real Estate Equity.
NEW YORK--(BUSINESS WIRE)--Anthracite Capital, Inc. (NYSE:AHR - News) (the “Company” or “Anthracite”) reported net income available to common stockholders for the first quarter of 2009 of $0.27 per share, compared to $0.75 per share for the same three-month period in 2008. (All currency amounts discussed herein are in thousands, except share and per share amounts. All per share information is presented on a diluted basis.)
Operating Earnings (defined below) for the first quarters of 2009 and 2008 were $0.07 and $0.37 per share, respectively. Table 1, provided below, reconciles Operating Earnings per share to diluted net income per share available to common stockholders. http://finance.yahoo.com/news/Anthracite-Capital-Reports-bw-15212777.html?.v=1
Anthracite Capital, Inc.
40 East 52nd Street
New York, NY 10022
United States - http://maps.yahoo.com/maps_result?addr=40%20East%2052nd%20Street&csz=New%20York+NY+10022&country=United%20States" rel="nofollow">Map
Phone: 212-810-3333
Fax: 212-409-4000
Web Site: http://www.anthracitecapital.com
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