posted
Now the symbol changes and we ride the wave!
I don't think that Blackout Media is a publicly traded company so I don't think we need to worry about shares from a different company. So in my mind it is new name, amazing results.
A new symbol is a common tactic for a company that is trying to distance itself from its past. This could be the start of something big and I think a lot of people will be thinking the same way. I'm not so sure I would count on that pps drop after the divy settlement anymore....
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posted
I can see the cup-n-handle but I am afraid I am a novice pattern reader. Is "cup-n-handle" a chart pattern that suggests something in particular to chartists?
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posted
DailyListDate|Type|NewSymbol|OldSymbol|NewName|OldName|EffDate|Comments|Notes|CoPhone|Mkt_Cat 01/06/2006 13:37:56|S2|BKMP|FCDH|Blackout Media Corp. Common Stock (WY)|First Canadian American Holding Corporation New Common Stock (WY)|01/09/2006|**|||u
No R/S posted so thats good Should be an interesting ride.
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posted
Sent an email to TFN advising an interest in purchasing stock, but needed the ticker. This is the response I received from Brad Sanquin, Programing Manager at TFN.
FCDH has an interest in Blackout Communications which in turn owns a significant portion of TFN.
posted
I don't get it... Wasn't this the one that was supposed to plummet today because of all the SNYY scavengers selling??? Or Monday? Was this their defense strategy against that?
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I'm actually surprised GZFX held it's ground today. I figured it would go down. Not as low as some were predicting, but it actually was green somehow... Who knows why? So what's up with FCDH guys? Everyone was saying that when the SNYY is paid off, this thing is going to plummet. Now it's actually going up?!? Why? Just because of a symbol name change? I don't get it...
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posted
Well, if you've been following both threads you know my opinion on both stocks.
Smooth work Raykay!
KilerB, given the timing on this I would definately call it a defense strategy. So we know they thought this far ahead...question is, how much farther ahead have they planned???
The Bigfoot
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posted
Yeah, it's not a coincidence that they're doing this the day the divi is paid out. I still don't understand why a symbol change is beneficial and making this thing move finally. What am I missing?
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First Canadian American Holding Corporation Announces Further Negotiations With Blackout Communications Wednesday December 7, 9:00 am ET
TORONTO--(MARKET WIRE)--Dec 7, 2005 -- First Canadian American Holding Corporation (Other OTC:FCDH.PK - News) announced today that it is in discussions with Blackout Communications to acquire additional interest in The Fight Network and its related media assets. ADVERTISEMENT
"Since our change in direction this week with the sale of our other assets, we have begun talks to become a more significant shareholder and player in Blackout Communications," says Sandy Winick, president of First Canadian. "We see our long-term goals to make The Fight Network and its stable of assets a major focus of our company." http://biz.yahoo.com/iw/051207/0103350.html
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