posted
This one has hit its 52 week low and still has a very low float. Should bounce pretty nicely IMO
Posts: 596 | From: New Jersey | Registered: Apr 2006
| IP: Logged |
posted
This was taken down so fast on what I like to call here in pinkyland, low volume. Most companies dilute massive amounts of shares, but if you look at the chart here it hasn't been the case. For the most part it's been less then 2 million a day trading, if that. This has gone from around 4 cents to triple zeros in less then 3 months. Bottom line, there is quite a bit of selling going on....BUT....with the relatively low O/S and the small amount of shares traded to take this down so low, I see them letting this one breathe and having a very nice little run from this level. I'm looking for at least a triple from here, but wouldn't be surprised if it's ALOT more.
All my opinion of course....
Posts: 596 | From: New Jersey | Registered: Apr 2006
| IP: Logged |
posted
Huge volume on friday this one is like coil spring. Rumor of contracts. Anything under .001 is gift.
Posts: 310 | From: Idaho | Registered: Jun 2004
| IP: Logged |
***** This Information Statement is being furnished by the Board of Directors of Remote Dynamics, Inc. (the "Company") to provide notice that our majority stockholder has given its signed written consent to action without a meeting to approve an amendment to the Company's Amended and Restated Certificate of Incorporation to authorize 50,000,000,000 authorized shares of our common stock having a par value of $0.0001 per share.
Posts: 3228 | From: Michigan | Registered: Aug 2005
| IP: Logged |
posted
There is a chance that the MMs will run it once before the dilution hits - a pre-dilution run. The company may release some PRs tor the run. It's very risky for this one now.
Posts: 3228 | From: Michigan | Registered: Aug 2005
| IP: Logged |
posted
thnx for the heads up Jim, 50 bill, lol..pps is what .0005 now.. freaking 50 bill though. well that pos cxac upped it to 5 bill and it moved. I thought 5 bill was a joke, looks like that was tame..only in the penny world.
yea should be interesting
quote:Originally posted by JimSC: Pre 14C out: new A/S will be 50 B.
- will hit 0.0001, then R/S.
***** This Information Statement is being furnished by the Board of Directors of Remote Dynamics, Inc. (the "Company") to provide notice that our majority stockholder has given its signed written consent to action without a meeting to approve an amendment to the Company's Amended and Restated Certificate of Incorporation to authorize 50,000,000,000 authorized shares of our common stock having a par value of $0.0001 per share.
posted
Unbelieveable, Where is the logic here. Why put out a filing like this when stock is at all time low. Makes no since. Who in there right mind would possibly want to buy the stock now. Are these folks ediots or what?
-------------------- I said it aint no fun waiting around to be a millionaire. Posts: 130 | From: United States of America | Registered: Oct 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
