COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Iconix Brand Group Announces Definitive Agreement to Purchase Danskin(R) Brand
NEW YORK, Feb 22, 2007 /PRNewswire-FirstCall via COMTEX/ -- Iconix Brand Group, Inc. (Nasdaq: ICON) ("Iconix" or the "Company") today announced that it has entered into a definitive agreement to purchase the brand Danskin(R) from Danskin, Inc. ("Seller" or "Danskin"). The transaction is anticipated to close in March 2007. Danskin is a 125 year-old iconic brand of women's active wear, leg wear, dance wear, yoga apparel and fitness equipment. The brand is sold through better department, specialty and sporting goods stores, and through fifteen freestanding Danskin boutiques and Danskin.com. Danskin also has a partnership with Wal-Mart Stores for its "Danskin Now (R)" brand of apparel and fitness equipment.
The purchase price for the transaction will be $70 million with a contingent payment of an additional $15 million, payable in cash or stock, triggered by the brand exceeding certain revenue and performance targets. The acquisition will be self-funded from the Company's cash reserves.
Iconix has also announced that, as of the closing, it will enter into a license agreement with the Seller, to continue to operate the Danskin(R) wholesale business including the freestanding retail stores. Carol Hochman, President and CEO of Danskin, and her team will continue as Iconix's licensee to grow the Danskin department and sporting goods store business.
Neil Cole, Chairman and CEO of Iconix commented, "Danskin is one of the most established and recognized active wear brands in the world and we are thrilled to add it to our portfolio and to be partnering with Carol and her team as our licensee. Upon closing, this acquisition will further our diversification strategy by giving us a strong presence in the rapidly growing active wear, yoga and fitness market. We are also excited to have the opportunity to work with Wal-Mart on 'Danskin Now(R).'"
Carol Hochman, CEO of Danskin commented, "We have made a lot of progress expanding this great brand and implementing our multi-channel distribution strategy but the missing ingredient has been the marketing strategy and investment needed to complete our vision. The Iconix team has exciting plans for Danskin(R) and I am looking forward to working closely with them to grow the business."
Additional details of the Danskin acquisition will be addressed on the Company's fourth quarter and 2006 year end earnings conference call scheduled for Tuesday March 6, 2007 at 10:00 am EST. The transaction is subject to customary closing conditions including clearance under the Hart-Scott-Rodino Anti Trust Improvements Act of 1976 as amended and Danskin stockholder approval.
Iconix Brand Group Inc. (Nasdaq: ICON - News) owns, licenses and markets a growing portfolio of consumer brands including CANDIE'S (R), BONGO (R), BADGLEY MISCHKA (R), JOE BOXER (R), RAMPAGE (R), MUDD (R), LONDON FOG (R), MOSSIMO (R) and OCEAN PACIFIC (R). The Company licenses it brands to a network of leading retailers and manufacturers that touch every major segment of retail distribution from the luxury market to the mass market in both the U.S. and around the world. Iconix, through its in-house advertising, promotion and public relations agency, markets its brands to continually drive greater consumer awareness and equity.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. The statements that are not historical facts contained in this press release are forward looking statements that involve a number of known and unknown risks, uncertainties and other factors, all of which are difficult or impossible to predict and many of which are beyond the control of the Company, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, but are not limited to, uncertainty regarding the results of the Company's acquisition of additional licenses, continued market acceptance of current products and the ability to successfully develop and market new products particularly in light of rapidly changing fashion trends, the impact of supply and manufacturing constraints or difficulties relating to the Company's licensees' dependence on foreign manufacturers and suppliers, uncertainties relating to customer plans and commitments, the ability of licensees to successfully market and sell branded products, competition, uncertainties relating to economic conditions in the markets in which the Company operates, the ability to hire and retain key personnel, the ability to obtain capital if required, the risks of litigation and regulatory proceedings, the risks of uncertainty of trademark protection, the uncertainty of marketing and licensing acquired trademarks and other risks detailed in the Company's SEC filings. The words "believe," "anticipate," "expect," "confident," "project," provide "guidance" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of the date the statement was made.
Contact: David Conn Executive Vice President Iconix Brand Group 212.730.0030
Joseph Teklits Integrated Corporate Relations 203.682.8200
SOURCE Iconix Brand Group, Inc.
CONTACT: David Conn, Executive Vice President, Iconix Brand Group, +1-212-730-0030; Joseph Teklits, Integrated Corporate Relations, +1-203-682-8200, for Iconix Brand Group, Inc.
ICONS current pps is $22.48!!
Posted by 10of13 on :
This is frickin' unreal... Posted by cassity on :
quote:Originally posted by 10of13: This is frickin' unreal...
What it only moves in .10 increments!!! LOL
Posted by thesource on :
Too bad I wasn't in on that one ............
Posted by Fuzzy1018 on :
lets break that HOD at .40
Posted by NEL on :
1650% OH MY...
Posted by cassity on :
Here we go again. NEXT LEG UP!!
Posted by thesource on :
I might jump in for a couple of thousand myself .
Posted by cassity on :
quote:Originally posted by thesource: I might jump in for a couple of thousand myself .
They've tightened up the spread. Looks real good. Might be up a 1200%, but this company is accually REAL, can't say that about to many pinks. The fact that ICON has pr'd this themselves, seals the deal for me. Their a freakin NASDAQ company!!
Posted by 10of13 on :
Yeah..I like the fact that ICON made the PR also...But what I am wondering is how this would work? Would it be a merger? Would DANS shares become ICON shares? Or would it continue to trade as DANS and not much change?
Posted by thesource on :
Come back down to .25 so I can jump in !!!! I'm not going to chase this thing .
Posted by cassity on :
From this line in the PR, it sounds like a straight up buyout! ICON will continue to sell the Danskin product under that name, but they will be in control of the company. Waiting for a call back, but I think I'll just try and call again.
Iconix has also announced that, as of the closing, it will enter into a license agreement with the Seller, to continue to operate the Danskin(R) wholesale business including the freestanding retail stores. Carol Hochman, President and CEO of Danskin, and her team will continue as Iconix's licensee to grow the Danskin department and sporting goods store business.
Posted by cassity on :
quote:Originally posted by thesource: Come back down to .25 so I can jump in !!!! I'm not going to chase this thing .
If it comes down to .25, I have a chunk of money WAITING!!
Posted by 10of13 on :
Cassity...I know that you don't like to but will you post the phone call? Thanks!
Posted by cassity on :
quote:Originally posted by 10of13: Cassity...I know that you don't like to but will you post the phone call? Thanks!
YEP! Posted by Jo4321 on :
Good luck on getting in at .25, they partial filled me there for only 450 shares.
Jo
Posted by thesource on :
quote:Originally posted by Jo4321: Good luck on getting in at .25, they partial filled me there for only 450 shares.
Jo
Who do you trade through ?
I think we will have some profit taking again before the day is over .
Posted by Jo4321 on :
Fidelity.
Posted by cassity on :
quote:Originally posted by Jo4321: Good luck on getting in at .25, they partial filled me there for only 450 shares.
Jo
Very difficult to get shares, wait until the word gets out!!
Posted by SherriT on :
OK gang - let's pick a thread This one, or the over .11
Posted by Jo4321 on :
LOL! Well, it IS a HOT stock!
Posted by a surfer on :
quote:Originally posted by thesource:
quote:Originally posted by Jo4321: Good luck on getting in at .25, they partial filled me there for only 450 shares.
Jo
Who do you trade through ?
I think we will have some profit taking again before the day is over .
90+% of the buys are above .20- .25 there is not much in the way of profits yet.
only a handful got in early (under.10) and I would assume they are gone already.
My uneducated guess is this closes near HOD at .35-.40
Posted by thesource on :
I'll take the wait and see approach . Everytime I chase the market , I get burned .
Posted by cassity on :
Well I have another buy in at .26 and it's gonna be awhile. News is spreading like wild fire. IHUB is all over this!!
Posted by 10of13 on :
This was posted by fuzzy Fuzzy1018 Member
Member Rated: posted February 22, 2007 01:03 PM -------------------------------------------------------------------------------- Posted by: MrTrendGreen In reply to: None Date:2/22/2007 12:56:52 PM Post #of 91
Ok check out this Danskin and Iconix comparision./
Here is the last revs for Danskin in the last filing they had./
FinancialsQ3 (09/02) Total Revenue $23.21M Net Income $.25M
Ok now check out this filing from Iconix that is TRADING AT 22.92 a share!/
FinancialsQ3 (09/06) Total Revenue $22.11M Net Income $7.95M EPS $.18
Danskin earned more revenue in 2002 than Iconix earned in 2006!!! Danskin has only INCREASED their market share in ladie's clothing since then, so could they make more than Iconix that is TRADING AT 22.92 a share?! Not sure but I see Danskin all over the place (WalMart, JcPenney, Dilliards, etc) and I am sure glad I bought in today!
Posted by cassity on :
L2's look great!!
Posted by cassity on :
Guy from ICON called me back! but he said I need to contact Danskin!
Posted by PCola77 on :
is anyone in this one that wasn't in CSHD? That's keeping me from buying Posted by cassity on :
Good their closing the gap between the bid and ask!!
Posted by SherriT on :
quote:Originally posted by PCola77: is anyone in this one that wasn't in CSHD? That's keeping me from buying
LOL! Funny ha ha PCola....you have to give newbies a break for not smelling that one a mile away - still had plenty of opportunities to make money on it!
Posted by a surfer on :
I am waiting for .05 then I will buy some.
Posted by cassity on :
quote:Originally posted by a surfer: I am waiting for .05 then I will buy some.
Smart ass!!
Posted by PCola77 on :
I was just glancing through this post and saw that every name seemed to ring a bell from the CSHD thread. Hope you guys end up winners in this one
quote:Originally posted by SherriT:
quote:Originally posted by PCola77: is anyone in this one that wasn't in CSHD? That's keeping me from buying
LOL! Funny ha ha PCola....you have to give newbies a break for not smelling that one a mile away - still had plenty of opportunities to make money on it!
Posted by Jenna on :
Wow- lots of familiar names in this one.....
Hi All!!
Posted by a surfer on :
$15 by next week...........Plus a 6 for 1......LOL
Posted by Jenna on :
Now, where have I heard that before????
Don't worry guys...I'm not in this one....so you will probably do well....
I may get PLSO may be a great flip...same with FCCN...
Posted by SherriT on :
The big question is: after this 1000%+ day (assuming it stays up here), what does it do tomorrow and after....
Posted by Jenna on :
Ok- when did you guys get in this? When it was .03????
Posted by thesource on :
quote:Originally posted by a surfer: $15 by next week...........Plus a 6 for 1......LOL
Posted by thesource on :
quote:Originally posted by SherriT: The big question is: after this 1000%+ day (assuming it stays up here), what does it do tomorrow and after....
Probably drops atleast 50% of its value today .
Posted by cassity on :
John from Danskin called me back, I have to get out of the computer lab at school, so I'll explain what we talked about when I get home in about 30mins. Posted by Jenna on :
Sherri- are you in? - or are you waiting until tomarrow?
Posted by thesource on :
I'm in with 2000 shares * .25 ......
Now lets see .50 so I can flip this b!tch !!!
Posted by Jenna on :
Where'd everyone go?
Posted by Jo4321 on :
We all had to go do our pilates.
Posted by thesource on :
Jenna , did you get back PLSO ? I bought in today at .006 .
Posted by Jenna on :
I have an order in for .006....hasn't filled yet...
I'm hoping you can double your money on that one!!!
I hope mine fills....
Posted by Jenna on :
quote:Originally posted by Jo4321: We all had to go do our pilates.
LOL!!! Were you wearing your Danskins?
Posted by thesource on :
It might ..... I actually have mine for sale at .008 for the day only .
Posted by Jenna on :
That's good....these days...any profit is a good profit!!
Posted by thesource on :
I need some good hits . I almost bought CHCG a couple weeks back for around $3.50 but didn't . Posted by thesource on :
So who thinks this will run more than 100% tomorrow ?
Drop like a rock ?
Trade about the same as today unless more news comes out ?
Posted by Jenna on :
I think it will lose 50% of it's gain today simply because I jumped in it!
Posted by SherriT on :
I say we gap up for sure...
Posted by thesource on :
quote:Originally posted by Jenna: I think it will lose 50% of it's gain today simply because I jumped in it!
You suck !!! J/K .........
Word to the wise , keep your profits close to you and don't get greedy tomorrow .
Posted by cassity on :
John did say that the O/S was the same as the last filing, but they didn't report any longer because they only have like 250 shareholders....Don't know why that would matter, but that's what he said.
Posted by bilgert on :
For me personally, I'm not sure how much more upside DANS has. Wish I knew it was trading at .02 before today... I would have definitely had some in my portfolio... Here's some interesting info on ICON for those who care...
******************************* Iconix Brand Group, Inc., formerly known as Candie's, Inc., incorporated in 1978, is a brand management company focused on licensing and marketing a diversified portfolio of its own consumer brands. The Company owns five brands, Candie's, Bongo, Badgley Mischka, Joe Boxer and Rampage, which it licenses directly to retailers, wholesalers and suppliers for use across a range of product categories, including apparel, accessories, footwear, beauty and fragrance, and home, and in a variety of distribution channels, from the mass tier to the luxury market. Iconix Brand Group, Inc. supports its brands with advertising and promotional campaigns The Company also continues to arrange, as agent, through its wholly owned subsidiary, Bright Star Footwear, Inc. (Bright Star), for the manufacture of footwear products for mass market and discount retailers under their private label brands. On July 1, 2005, Iconix Brand Group, Inc. changed its name from Candie's, Inc. In July 2005, the Company acquired the principal assets of Joe Boxer Company, LLC and three of its affiliated companies. The purchased assets included the Joe Boxer trademark, the Kmart License and a number of international license agreements. In September 2005, Iconix Brand Group, Inc. acquired the principal assets of Rampage Licensing, LLC, including the Rampage trademark and 12 wholesale licenses. In April 2006, the Company acquired the MUDD brand from Mudd (USA) LLC. In August 2006, it acquired the London Fog brand from London Fog Group Inc. In November 2006, the Company completed the merger of Mossimo, Inc. (Mossimo) with and into a subsidiary of the Company.
Candie's
The Company is a young women's footwear, apparel and accessories brand. The primary licensee of the Candie's brand is Kohl's Department Stores, Inc. (Kohl's), which commenced the roll out of the brand in July 2005, in all of its stores with an 18-category Candie's line of junior items (the Kohl's License). Products range across sportswear, denim, footwear, handbags, intimate apparel and home.
Bongo
Bongo is a California junior brand sold throughout mid-tier department stores and specialty stores, including Sears, JC Penney and Kohl's. Bongo has expanded from a denim driven brand into a lifestyle brand with a variety of product categories, including footwear, tops, handbags, outerwear, swimwear, jewelry and children's apparel.
Badgley Mischka
The Badgley Mischka brand is an evening wear couture brand. As a result of the Company's launch of bridge-priced evening wear, the Badgley Mischka brand is being developed as a life style designer brand. Iconix Brand Group, Inc. has licensed the brand to nine United States licensees across the categories of couture eveningwear, bridge apparel, fur, bridal, fragrance, handbags, eyewear, footwear, and hats and cold weather items. Badgley Mischka products are sold in luxury and better department and specialty stores, including Bergdorf Goodman, Saks Fifth Avenue and Bloomingdale's.
Joe Boxer
Joe Boxer is an underwear, loungewear, sleepwear, activewear and home brand. The Joe Boxer brand is licensed in the United States to Kmart Corporation (Kmart), a wholly owned subsidiary of Sears Holding Corp., under which license the brand is sold in Kmart stores. Products covered by the license include apparel, apparel accessories and home goods for men, women and children. Iconix Brand Group, Inc. also licenses the Joe Boxer brand internationally to wholesalers in Canada and Mexico and to a retail store licensee in Northern Europe that markets the brand to better specialty and department stores.
Rampage
Rampage is a contemporary/junior women's sportswear brand. Iconix Brand Group, Inc. licenses the Rampage brand to 13 United States wholesalers in a variety of categories, including sportswear, footwear, outerwear, intimate apparel, fragrance, eyewear and handbags, which are sold through better department stores, such as Macy's. There is also a retail license for use of the Rampage name on approximately 70 mall-based stores.
The Company competes with LEI, Hanes, Calvin Klein, Jockey and Vera Wang.
Posted by oldblue2 on :
Hello all this is my first time posting in the .11 section
i bought in today but will probly sell tomorrow rebuy if it drops back down
i also bought NNSR just to see where it leads in the future
Posted by lostone on :
OMG, i missed the whole thing!
Posted by thesource on :
quote:Originally posted by lostone: OMG, i missed the whole thing!
Most of us got in late on this one . IS there any more in it ? Who knows ......... If its worth the gamble , go for it . If not sit on the side lines and watch the game for free .
Posted by N-VEST-R on :
Yeah I missed it too.........don't think anyone bothered to inform us until it was over!
Posted by PCola77 on :
What is the share structure? I.e. O/S, A/S and float. Those are the important numbers if you are comparing it to ICON stock price.
Posted by PCola77 on :
quote:Originally posted by 10of13: This was posted by fuzzy Fuzzy1018
So was this:
"moving up fast now; $1 easy today "
and this:
"should hit .50 on the next leg up "
and this:
"we'll be in multi-dollars soon "
I'd be worried by that track record Posted by cassity on :
quote:Originally posted by PCola77: What is the share structure? I.e. O/S, A/S and float. Those are the important numbers if you are comparing it to ICON stock price.
If you watched this move this morning, you would have been saying .50 wasn't out of the question. It was moving .05 at a time and it did make it to .40. Unfortunetly, people do take profit and it put the brakes on for the rest of the afternoon. O/S is 68mil don't know what the float is. I bought this for the hell of it today and when I found out more about Danskin, it interested me. If you don't like how people get excited when their stock is going up, then don't read the threads. I always get excited when my stocks run, one of the biggest reasons I keep playing this crazy ass game.....GLTA
Posted by PCola77 on :
Huh?
quote:Originally posted by cassity: If you don't like how people get excited when their stock is going up, then don't read the threads.
Posted by a surfer on :
quote:Originally posted by PCola77: Huh?
quote:Originally posted by cassity: If you don't like how people get excited when their stock is going up, then don't read the threads.
I double that Huh???? Actually I think he is a bit of a crack head.....LOL It all makes sense now. J/K Cassity
Posted by PCola77 on :
Oh, crack! That explains it. thanks
quote:Originally posted by a surfer:
quote:Originally posted by PCola77: Huh?
quote:Originally posted by cassity: If you don't like how people get excited when their stock is going up, then don't read the threads.
I double that Huh???? Actually I think he is a bit of a crack head.....LOL It all makes sense now. J/K Cassity
Posted by cassity on :
quote:Originally posted by a surfer:
quote:Originally posted by PCola77: Huh?
quote:Originally posted by cassity: If you don't like how people get excited when their stock is going up, then don't read the threads.
I double that Huh???? Actually I think he is a bit of a crack head.....LOL It all makes sense now. J/K Cassity
DANS...TO DA MOON or there abouts!! Surfer just upset because this is the first stock ever posted he didn't buy!!! Posted by thesource on :
$15.00 a share or bust !!! come on baby ...........
Posted by PCola77 on :
*slowly puts down the glass of red drink offered to him by the DANS shareholders and walks away*
Posted by efchamp on :
Good luck to everyone in this. I think this one is going down before it goes back up.
Posted by KP on :
quote:Originally posted by a surfer: I am waiting for .05 then I will buy some.
ditto Posted by KP on :
This company, considering their history, and what is to come in March, I can only see a PPS explosion over the next year. i am not a shareholder, but wish I was and the best of luck to those who bought at lower levels, and even at levels such as the parameters that existed today. Very undervalued, and considering that they will continue to operate as Dansskin, it will be a good buy anytime. However, knowing they way the MM's like to play their games in Pennyland cuz the cops aren't watching them so much as they are on the big boards, they can and may drive the price down to lower levels than we saw today, simply knowing that because the acquisition hasn't taken place yet, they will have a chance to make more money until then. Just my opinion, but I will become a shareholder before the acquisition takes place indeed, for the long term.
Posted by before_the_crowd on :
Cant sleep with one in your portfolio??? Good luck to ya all. Crazy action..Never seen before.
Posted by KP on :
Fortunately I have some tings to watch with INXR and PLYCF, both I got in at the bottom, but it is sure exciting seeing the lot of you make some mulah. Like I said, if the F)(#&*%$^#)*$$ wholly MM"S bring the share price down to a lower level I will get in. Until then, the charts are a little iffy (being that you can't find much technicals) This is the best I got http://www.profitspi.com/stock-chart.aspx?id=DANS&ca=1862225448 anybody that has something better, please feel free...nonetheless...all too exciting. great job cassity for a quick and decisive profit!
Posted by oldblue2 on :
quote:Originally posted by PCola77: Huh?
quote:Originally posted by cassity: If you don't like how people get excited when their stock is going up, then don't read the threads.
yes i get gitty like a school girl myself
Posted by thesource on :
She kind of stumbled out of the gate but lets see if it picks back up like yesterday ......
Posted by Jenna on :
Doubt it....I think she's going to tank....I do nothing but give my money away.....so I KNOW it will tank...
Posted by Jo4321 on :
Careful Jenna, you are starting to sound like Paulbest, LOL.
I think it's holding up better than I expected this morning considering how much it went up yesterday.
Jo
Posted by thesource on :
How many shares did you get Jenna ? What price ?
Posted by Jenna on :
2500 * .27...
Sorry, I'm just mad at myself.....I heard a little voice in my ear saying wait for the pull back- you know there will be a pull back....CRAP...
Posted by thesource on :
I wouldn't sweat it yet , I think there's some more in this . WHy would ICON buy out DANS for 70 million if they didn't think they were getting a better deal ? If you look back , they have a history of buying out other companies . They must be doing something right to still be in business all these years and trading on the big board as well .........
Posted by 10of13 on :
IMO..this may be a good deal...yesterdays price jump? WAAAYYY to much too fast! It will go down...(sorry Jenna)..but I also think that it will creep back up..AND possibly move above it... The "fast and high" gains came yesterday...after it settles..it may actually be a very good investment/hold... Good luck guys...
Posted by oldblue2 on :
Jenna i find the key is to not watch the stock as it will drive you crazy
stocks pray on your emotions but if your not watching then theres no emotion
Posted by Jenna on :
I have been walking a way a lot lately...my stomach can't take much more.... Posted by PCola77 on :
Maybe if you're talking about stocks you're holding long term like big board stocks, but not keeping an eye on theses stocks is a death wish. In the span of minutes your stock could drop 75%, or you could miss the opportunity to sell at multi bags. You HAVE to watch these stocks every minute.
quote:Originally posted by oldblue2: Jenna i find the key is to not watch the stock as it will drive you crazy
stocks pray on your emotions but if your not watching then theres no emotion
Posted by Jenna on :
....or better yet PC- stay out of them all together & let a professional manage your portfolio.....LOL
Posted by PCola77 on :
Word
Posted by thesource on :
quote:Originally posted by Jenna: ....or better yet PC- stay out of them all together & let a professional manage your portfolio.....LOL
What fun is that ??? Don't you enjoy losing all your money ?
Posted by wallymac on :
quote:Originally posted by thesource: I wouldn't sweat it yet , I think there's some more in this . WHy would ICON buy out DANS for 70 million if they didn't think they were getting a better deal ? If you look back , they have a history of buying out other companies . They must be doing something right to still be in business all these years and trading on the big board as well .........
I've been watching this. Haven't got in yet but IMO there seems to be a misconception of what is happening here. ICON is not buying out merging or anything else with DANS. They bought DANS Intellectual Property which in turn they are licensing back to DANS who will continue to operate storefronts and ecommerce. Seems like a very sweet deal for DANS. The one thing that is holding me back the most about buying is the uncertain share structure. Nothing has been updated about that since 2002 and the company will not divulge any information on it. Seems to trade like a low float but I just don't know.
Still watching and might try some if it retraces further. Definately on m radar.
Good Luck
Jenna, 10, Source, Pcola and everyone else in this one.
Wally
Posted by 10of13 on :
Wally? I'm not in this..I am watching...
Posted by PCola77 on :
Me neither! Thanks for the good wishes anyway wally.
quote:Originally posted by 10of13: Wally? I'm not in this..I am watching...
Posted by wallymac on :
SO we are both Voyuers? Well nice to have some company while I'm peeping. Posted by Jo4321 on :
I guess you guys slow down and rubber-neck at traffic accidents, too?
Jo
Posted by wallymac on :
quote:Originally posted by Jo4321: I guess you guys slow down and rubber-neck at traffic accidents, too?
Jo
I'm from Southern California, it's requirement of residency to rubber-neck. Posted by thesource on :
I still think that the real news will be in the details . ICON is up and has been all day . Why would a stock be up after announcing that they are blowing 70 million for a name and a license unless its worth alot more .
Posted by wallymac on :
doubled posted sorry Posted by wallymac on :
quote:Originally posted by wallymac:
quote:Originally posted by thesource: I still think that the real news will be in the details . ICON is up and has been all day . Why would a stock be up after announcing that they are blowing 70 million for a name and a license unless its worth alot more .
Danskins is a well known product and can be found in many retail outlets. ICON will now not only be marketing it to these retail outlets but also be able to license it worldwide. IMO, Danskins just didn't have the capital to do the proper marketing job after many years of trying. The brand is very well known and with proper marketing could explode again. It likes like a WIN WIN for both companies.
My reservation about buying at this time is the unknown share structure and current financial picture of Danskins. I'm watching and may dabble if it retraces further or more info is made available. On the surface it looks good.
It's not just a name and license. I believe it's a special process that the DANSKIN product is made by. ICON now owns that process.
Wally
Posted by 10of13 on :
But Wally? If ICON is paying Millions for this company...I would think that DANS would not need to up the current share structure since they would not need funds...I am trying to figure out what ICON will be getting out of it...and that might be where new shares would come into play...I would like to see the details... Yesterday was FANTASTIC for those that were in...while the rest of us stood and watched with dropped jaws...
Posted by thesource on :
From Yesterdays PR
"Danskin, Inc. (OTC:PK: DANS.PK) ("Danskin" or the "Company") today announced that it has entered into a definitive agreement to sell its Danskin(R) intellectual property, to Iconix Brand Group, Inc. ("Iconix"). The transaction is anticipated to close in March 2007. The transaction is subject to customary closing conditions including clearance under the Hart-Scott-Rodino Anti Trust Improvements Act of 1976 as amended and Danskin stockholder approval.
The purchase price for the transaction will be $70 million with a contingent payment of $15 million, payable in cash or stock, triggered by the brand exceeding certain revenue and performance targets. If paid in Iconix stock and the stock appreciates during the earnout period, or thereafter, the Company could earn up to an additional $7.5 million.
As part of the transaction, Danskin will enter into a license agreement with Iconix to continue to operate the Danskin(R) wholesale business, including its freestanding retail stores and its internet merchant site, Danskin.com.
Donald Schupak, Danskin's Chairman said "The transaction will provide capital for growth of the Danskin(R) wholesale business and, at the same time, monetize its intellectual properties, enhancing opportunities to increase shareholder value. Carol Hochman and her team have done an exceptional job expanding this great brand and implementing a multi-channel distribution strategy in a markedly undercapitalized environment. In addition to providing working capital, Iconix marketing support will help complete the Company's vision for the Brand."
Danskin, Inc. (OTC:PK: DANS.PK) is a 125 year old iconic brand of women's active wear, leg wear, dance wear, yoga apparel and fitness equipment. The brand is sold through better department, specialty and sporting goods stores and through its own freestanding Danskin boutiques and its internet merchant site Danskin.com. "
The way I read this is ICON is buying the company and allowing DANS to remain in business and continue business as usual . The added income will allow DANS to grow at a higher rate and more than likely bring their product to more outlets that ICON currently sells their other products in .
Posted by Wit on :
quote:Originally posted by wallymac: SO we are both Voyuers? Well nice to have some company while I'm peeping.
Add me too that list. I've been popping in to read the updates & thoughts. But that's about all.....
Jenna,.... Posted by cassity on :
This deal will definitly help DANS, it's just a matter of time.
Posted by thesource on :
quote:Originally posted by cassity: This deal will definitly help DANS, it's just a matter of time.
Its got to ..... who couldn't benefit from an extra 70 million ? I think most people today are just unsure of the exact details and don't want to tie up their cash over the weekend . I can't say I blame them.
Posted by wallymac on :
Source, I disagree. They are not buying the company. They are buying the IP(Intellectual Property). DANSKINS is now licensing that property from ICON as will other companies. IMO, there is no mention of a buyout or of DANSKINS becoming a SUB of ICON.
Secondly, I'm not worried about DANS issuing shares now. It's the shares that could have been issued between 2002 and now that I'd like to know about.
Like I stated before, I believe this is a WIN for both companies. ICON gets the IP which they will reap licensing fees from other companies and be able to distrbute through their own network. DANS gets the capital to go forward with their stores. I just wish I had a better idea of where DANS was sitting financially before the deal. Will they be able to payoff any debt they have accured and have enough capital to be profitable. It sounds like it from the PR but one never knows when it comes to Pinkie land.
Wally
Posted by PCola77 on :
No way. I usually honk at those idiots (Sorry Wally...) I'm from the Northeast, we're always in a hurry
quote:Originally posted by Jo4321: I guess you guys slow down and rubber-neck at traffic accidents, too?
Jo
Posted by thesource on :
Take a look at ICON , they are trading near 52 week highs right now and it was touched this morning . I guess its just the difference in mentality between penny players and big money . The penny guys scramble like roaches with the light turned on while the big money just keeps plugging away .
Posted by PCola77 on :
As far as the reason that I am not in, there are WAY too many unknowns here. If I see somethign that says "Company X is buying company Y and paying .40 a share" and company Y is trading at .20 cents a share, then that means somethign to me.
There is NOTHING in the PR on either end that gives any kind of number, other than the 70 million. i don't think any of us have any idea what it applies to, how many shares it's divided by, or what the impact is to per share price. We all know that it went up 1000% yesterday, but did that put it to fair value? Should it be higher? Should it be lower? Who knows. that's why I'm staying out. Seems to me just as likely that .20 is over priced as it is underpriced. in fact, I'd say it's more likely to be overpriced, as I'd guess it's being "artifically" held up right now just by momentum and buying pressure from boards like this.
hope that doesn't come across as too much of a bash, but i just don't see any info to back up a sustained 1000% increase
Posted by thesource on :
You are right , its a guessing game right now but only from our view . The powers at hand (DANS & ICON) more than likely know the real info and are comfortable with the deal on the table . It would totally different if these were two shady azz penny stocks trying to cause waves and run their PPS up .
Posted by wallymac on :
quote:Originally posted by thesource: Take a look at ICON , they are trading near 52 week highs right now and it was touched this morning . I guess its just the difference in mentality between penny players and big money . The penny guys scramble like roaches with the light turned on while the big money just keeps plugging away .
Maybe you are misunderstanding what I am attempting to convey. I'm not bashing and not even negative about this deal. First, I was attempting to give my read as to there not being a buyout or merger. ICON is buying the IP. DANS continues on as it's own company with a relationship with ICON now. Secondly, any stock that rises as high and as fast as this did yesterday is bound to retrace. So I'm just waiting to see where it bottoms and then will buy for the bounce. Hopefully will end up with some shares to hold for the longer term just in case it explodes.
Wally
Posted by PCola77 on :
Oh I don't doubt that the deal makes sense for them, but unless I'm missing something, the stock price has no impact on the deal. It could be that the deal is equivalent to a buyout at .10 a share, which as of Wednesday, was like a 400% premium but as of yesterday was a 50% discount. We just don't know what the deal means to the stock price, which is really all any of you should be worrying about. not if it's good for either or both companies.
quote:Originally posted by thesource: You are right , its a guessing game right now but only from our view . The powers at hand (DANS & ICON) more than likely know the real info and are comfortable with the deal on the table . It would totally different if these were two shady azz penny stocks trying to cause waves and run their PPS up .
Posted by thesource on :
I understand where you are coming from . I think the only two reasons this is where it is (1) People are taking profits from yesterday and (2) People are still unsure about the real details of the agreement .
None the less , penny players are for the here and now . Big money plays with big stocks and doesn't have to have PR's on a daily basis to keep the momo going .
Posted by wallymac on :
quote:Originally posted by thesource: I understand where you are coming from . I think the only two reasons this is where it is (1) People are taking profits from yesterday and (2) People are still unsure about the real details of the agreement .
None the less , penny players are for the here and now . Big money plays with big stocks and doesn't have to have PR's on a daily basis to keep the momo going .
Stocks on higher exchanges do react differently than Penny stocks, that is very true. ICON should be filing something that should give more insight into the deal itself. I hope that DANS puts something out that explains their situation a bit better. Hey if I find what i consider the right entry point I will buy in.
A retrace of 50 to 70% when a stock runs like this wouldn't be out of the ordinary and I would it expect it to bounce from there and settle into a trading range.
I believe that there will be more information out on this and it could still have a nice run.
Wally
Posted by thesource on :
I have another order in at .14 just to average down . Will it get filled ? Will I lose even more money ? Will it pop and make a good deal of money ?
If I knew this answers , I'd be a very rich man .
Posted by wallymac on :
Press Release Source: Iconix Brand Group, Inc.
Iconix Brand Group Announces Definitive Agreement to Purchase Danskin(R) Brand Thursday February 22, 8:00 am ET
NEW YORK, Feb. 22 /PRNewswire-FirstCall/ -- Iconix Brand Group, Inc. (Nasdaq: ICON - News; "Iconix" or the "Company") today announced that it has entered into a definitive agreement to purchase the brand Danskin® from Danskin, Inc. ("Seller" or "Danskin"). The transaction is anticipated to close in March 2007. Danskin is a 125 year-old iconic brand of women's active wear, leg wear, dance wear, yoga apparel and fitness equipment. The brand is sold through better department, specialty and sporting goods stores, and through fifteen freestanding Danskin boutiques and Danskin.com. Danskin also has a partnership with Wal-Mart Stores for its "Danskin Now ®" brand of apparel and fitness equipment.
The purchase price for the transaction will be $70 million with a contingent payment of an additional $15 million, payable in cash or stock, triggered by the brand exceeding certain revenue and performance targets. The acquisition will be self-funded from the Company's cash reserves.
Iconix has also announced that, as of the closing, it will enter into a license agreement with the Seller, to continue to operate the Danskin® wholesale business including the freestanding retail stores. Carol Hochman, President and CEO of Danskin, and her team will continue as Iconix's licensee to grow the Danskin department and sporting goods store business.
Neil Cole, Chairman and CEO of Iconix commented, "Danskin is one of the most established and recognized active wear brands in the world and we are thrilled to add it to our portfolio and to be partnering with Carol and her team as our licensee. Upon closing, this acquisition will further our diversification strategy by giving us a strong presence in the rapidly growing active wear, yoga and fitness market. We are also excited to have the opportunity to work with Wal-Mart on 'Danskin Now®.'"
Carol Hochman, CEO of Danskin commented, "We have made a lot of progress expanding this great brand and implementing our multi-channel distribution strategy but the missing ingredient has been the marketing strategy and investment needed to complete our vision. The Iconix team has exciting plans for Danskin® and I am looking forward to working closely with them to grow the business."
Additional details of the Danskin acquisition will be addressed on the Company's fourth quarter and 2006 year end earnings conference call scheduled for Tuesday March 6, 2007 at 10:00 am EST. The transaction is subject to customary closing conditions including clearance under the Hart-Scott-Rodino Anti Trust Improvements Act of 1976 as amended and Danskin stockholder approval.
Iconix Brand Group Inc. (Nasdaq: ICON - News) owns, licenses and markets a growing portfolio of consumer brands including CANDIE'S ®, BONGO ®, BADGLEY MISCHKA ®, JOE BOXER ®, RAMPAGE ®, MUDD ®, LONDON FOG ®, MOSSIMO ® and OCEAN PACIFIC ®. The Company licenses it brands to a network of leading retailers and manufacturers that touch every major segment of retail distribution from the luxury market to the mass market in both the U.S. and around the world. Iconix, through its in-house advertising, promotion and public relations agency, markets its brands to continually drive greater consumer awareness and equity.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. The statements that are not historical facts contained in this press release are forward looking statements that involve a number of known and unknown risks, uncertainties and other factors, all of which are difficult or impossible to predict and many of which are beyond the control of the Company, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, but are not limited to, uncertainty regarding the results of the Company's acquisition of additional licenses, continued market acceptance of current products and the ability to successfully develop and market new products particularly in light of rapidly changing fashion trends, the impact of supply and manufacturing constraints or difficulties relating to the Company's licensees' dependence on foreign manufacturers and suppliers, uncertainties relating to customer plans and commitments, the ability of licensees to successfully market and sell branded products, competition, uncertainties relating to economic conditions in the markets in which the Company operates, the ability to hire and retain key personnel, the ability to obtain capital if required, the risks of litigation and regulatory proceedings, the risks of uncertainty of trademark protection, the uncertainty of marketing and licensing acquired trademarks and other risks detailed in the Company's SEC filings. The words "believe," "anticipate," "expect," "confident," "project," provide "guidance" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of the date the statement was made.
Contact: David Conn Executive Vice President Iconix Brand Group 212.730.0030
Joseph Teklits Integrated Corporate Relations 203.682.8200
Posted by Jo4321 on :
Moving some today. 33%
Posted by Jo4321 on :
hit .17
Needs more volume.
Posted by thesource on :
Alteast its got a little gas going into the weekend .
Posted by Jo4321 on :
Surprisingly, DANS's 25% gain today makes it the only stock I own that did anything worthwhile today.
Jo
Posted by thesource on :
quote:Originally posted by Jo4321: Surprisingly, DANS's 25% gain today makes it the only stock I own that did anything worthwhile today.
Jo
I managed to flip GBDX for a 30% gain in two days today . Wasn't alot of profit but $150.00 is better than being down $150.00 in it .
Posted by Jo4321 on :
30% is great considering the alternatives in this market.
Jo
Posted by stocktrader2006 on :
.09 What a bargain!!
Posted by thesource on :
I agree totally , once the business transaction is complete between ICON and DANS , investors will be chasing a cheetah's tail . I'm sitting on 6000 shares right now and will probably buy more once some of my funds clear from other sells I made this week .
Posted by stocktrader2006 on :
Easy 100% at this level, IMO.
Posted by thesource on :
quote:Originally posted by stocktrader2006: Easy 100% at this level, IMO.
100% with no trouble at all . I'd say more like 500% with some decent news and 1000% or more with some really good news . From this level that is .
Unlike most penny plays , I think this one is for real . ICON has managed to be very successful with what they do .
Posted by cautionupahead on :
Iconix Brand Group, Inc. Announces Closing of Danskin Acquisition Monday March 12, 8:00 am ET
NEW YORK, March 12 /PRNewswire-FirstCall/ -- Iconix Brand Group, Inc. (Nasdaq: ICON - News; "Iconix" or the "Company") announced today that the Company has completed the acquisition of the brand Danskin®. ADVERTISEMENT
The purchase price for the transaction was $70 million with a contingent payment of an additional $15 million, to be payable in cash or stock, based on the brand exceeding certain revenue and performance targets. The acquisition was self-funded from the Company's cash reserves. Danskin is anticipated to generate approximately $15 million in royalty revenue in its first twelve months under the Iconix umbrella.
Danskin is a 125 year-old iconic brand of women's active wear, leg wear, dance wear, yoga apparel and fitness equipment. The brand is sold through better department, specialty and sporting goods stores, and through fifteen freestanding Danskin boutiques and Danskin.com. Danskin also has a partnership with Wal-Mart Stores for its "Danskin Now ®" brand of apparel and fitness equipment.
Iconix Brand Group Inc. (Nasdaq: ICON - News) owns, licenses and markets a growing portfolio of consumer brands including CANDIE'S®, BONGO®, BADGLEY MISCHKA®, JOE BOXER®, RAMPAGE®, MUDD®, LONDON FOG®, MOSSIMO®, OCEAN PACIFIC® and DANSKIN®. The Company has also announced that it has entered into a definitive agreement to purchase the brand ROCAWEAR®. The Company licenses its brands to a network of leading retailers and manufacturers that touch every major segment of retail distribution from the luxury market to the mass market in both the U.S. and around the world. Iconix, through its in-house advertising, promotion and public relations agency, markets its brands to continually drive greater consumer awareness and equity.
Posted by thesource on :
I have a buy order in at .09 and its not getting filled . I figured it would fly with the news . Maybe most of the investors have not seen it yet since ICON released the PR and not DANS .
Posted by stocktrader2006 on :
PR Out - No strong move in PPS.....what a disappointment!
Danskin, Inc. Announces Closing of Sale of Its Intellectual Property to Iconix Brand Group, Inc. Monday March 12, 3:28 pm ET
NEW YORK--(BUSINESS WIRE)--Danskin, Inc. (OTC:PK: DANS.PK) ("Danskin" or the "Company") today announced that it has completed the sale of its Danskin® intellectual property, to Iconix Brand Group, Inc. ("Iconix"). ADVERTISEMENT
The purchase price for the transaction was $70 million with a contingent payment of an additional $15 million triggered by the brand exceeding certain revenue and performance targets, to be payable in stock, or cash under certain circumstances. If paid in Iconix stock and the stock appreciates during the earnout period, or thereafter, the Company could earn up to an additional $7.5 million.
As part of the transaction, Danskin entered into a license agreement with Iconix to continue to operate the Danskin® wholesale business, including its freestanding retail stores and its internet merchant site, Danskin.com.
Danskin, Inc. (OTC:PK: DANS.PK) is a 125 year old iconic brand of women's active wear, leg wear, dance wear, yoga apparel and fitness equipment. The brand is sold through better department, specialty and sporting goods stores and through its own freestanding Danskin boutiques and its internet merchant site Danskin.com.
Posted by thesource on :
I was sitting at .09 all day and its was never filled . I think this thing is wound super tight !!!
Posted by cautionupahead on :
Here's some great news people, got it from Manta dot com, you just have to log in. And yes, that says $100 million!!!
Danskin, Inc
530 7th Ave Ste M1, New York, NY, United States Map Phone: (212) 764-4630
Women's Clothing Find Suppliers of Women's Apparel & Accessories on Business.com.
Blair.com - Official Site Get Great Discounts on Brand Names at The Blair Catalog Official Site.
†The ads are not affiliated with Danskin, Inc
Danskin, Inc - Detailed Company Profile
Year Started: 1982 State of Incorporation: DE URL: www.danskin.com Location type: Headquarters Stock Symbol: DANS Stock Exchange: OTC Also Does Business As: N/A NAICS: Sheer Hosiery Mills; Other Hosiery and Sock Mills; Women's and Girls' Cut and Sew Other Outerwear Manufacturing; Surgical Appliance and Supplies Manufacturing; Other Clothing Stores Est. Annual Sales: $100,000,000 Est. Employees: 475 Est. Employees at Location: 42 Contact Name: Margaret B Pritchard Contact Title: Sec-Gen Counsel-V Pres Bus Dev
Posted by stocktrader2006 on :
hmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Posted by stocktrader2006 on :
quote:Originally posted by thesource: I was sitting at .09 all day and its was never filled . I think this thing is wound super tight !!!
Just buy at the ask, you scalawag!!!
Hitting the ask will only move this POS!
Posted by Zacktrade on :
I emailed their IR dept. I am curious as to where the 70 mil is going towards.
70 mil OS / even just $35 million as a special dividend = .50/share
= 500% from here
Posted by thesource on :
quote:Originally posted by stocktrader2006:
quote:Originally posted by thesource: I was sitting at .09 all day and its was never filled . I think this thing is wound super tight !!!
Just buy at the ask, you scalawag!!!
Hitting the ask will only move this POS!
I tried that with no success . I had to lower my share amount to get filled . I got 3450 at .10 but its better than nothing I guess .
Posted by stocktrader2006 on :
Got 2550 at .10 today.
When will it ever move?????
Posted by thesource on :
I'm telling you , this thing is tight on shares .
Posted by stocktrader2006 on :
Zzzzzzzzzzzzzzzzzzzzzzzz
Posted by sabre81 on :
booo, this going anywhere. These shares are burning a hole in my.... portfolio. Small increase today...
Posted by thesource on :
Just be patient ....... if you want to sell your shares , I will gladly give you .08 a share for them anytime tomorrow . Just put them up for sale Posted by stocktrader2006 on :
Finally moving up on bid/ask....I heard a name/ticker change has to be PR'd by Monday 4-9.
Posted by Zacktrade on :
Moving
Posted by stocktrader2006 on :
Anyone have a realistic price target on this one?
.11 seems way undervalued to me.
Posted by Zacktrade on :
I'm hoping for .40, we'll see in the next week or two hopefully
Posted by thesource on :
After watching this thing , I'd say .50 is a given and it will more than likely see up to $2.00 on a spike .
Posted by thesource on :
She's quietly walking up ......... If you guys want on , this might be your last chance .
Posted by stocktrader2006 on :
Locked & loaded....c'mon $1.00!!
Posted by thesource on :
Hurry up with the news already ......
Posted by stocktrader2006 on :
Ya, really!
Posted by stocktrader2006 on :
Last call to load up before Monday!
Posted by thesource on :
Its on like Donkey Kong (I hope) ...........
Posted by thesource on :
Hopefully today is the day !! Keeping my fingers crossed ........
Posted by stocktrader2006 on :
Looking good today....news will blast this off!
Posted by thesource on :
I sure hope we get some news pretty soon . I'd hate for it to lose all of the gains its made recently .
Posted by stocktrader2006 on :
When in the hell is this company going to release a PR?
Posted by stocktrader2006 on :
Boy, the spread on this is wider than a hooker's legs on a friday night. Posted by Jo4321 on :
wow, nice jump to .14!
Posted by thesource on :
This company is really dropping the damn ball on this one . We should over .50 and closer to a dollar by now . Stupid pinky penny stocks ........
Posted by stocktrader2006 on :
quote:Originally posted by thesource: This company is really dropping the damn ball on this one . We should over .50 and closer to a dollar by now . Stupid pinky penny stocks ........
Yeah, really! WTF!!!!!!!!!
Posted by thesource on :
It leaves me to think either there is nothing for us investors to gain by the IP purchase or they just don't give a crap where the PPS is . I don't think ICON gives a crap either . They are in it for the profits generated by the brand and the profits from selling other brands they own in Wal-Mart .
Posted by thesource on :
Alright DANS ........ give us a damn bone to chew on already !!!!
Posted by stocktrader2006 on :
Ya, really. The only bone they're giving us right now is not one to chew on Posted by thesource on :
Well we are getting a bone today , its just in the wrong hole .
Posted by sabre81 on :
i hate dans.
Posted by thesource on :
Its going to be this way until we get some more news . I fully expect it to trend down to around .04 if we don't get something pretty soon . The bad thing is , there is no reason for it . This could easily be over $1.00 if the company would just stay in touch with their investors .
Posted by stocktrader2006 on :
WTF is their problem?
Posted by stocktrader2006 on :
Groundhog day for weeks with this co. How much longer do we have to take this? Get off your azzes DANS and throw us a freakin' bone!!!!!! ??? ???
Posted by sabre81 on :
I threw myself a bone and got out. lol.
Posted by thesource on :
Sometime up with this company but I'm not too sure its in the best interest of the investors . I can't see ICON giving them 70 million pls bonuses for nothing .
Posted by stocktrader2006 on :
THROW US A FREAKIN BONE DANS!!!!!!!!!!
RUFF, RUFF!
Posted by stocktrader2006 on :
C'mon DANS, I need a 3-bagger here!
Posted by stocktrader2006 on :
Sold 1/2 of my position today....tired of waiting on this tight lipped company.
Cat got its' tongue, that's for sure. What a shame!
Posted by Jo4321 on :
I'm thinking of selling out too. That's a sure way to get the PPS to move up for the rest of you!
Jo
Posted by thesource on :
Well I'm holding 20K shares of it and getting a little tired of this crap as well . Its weird , you have stinky pinky stock that issue PR's once a day and then you have them that won't issue crap for months at a time .
Posted by Jo4321 on :
Seems nearly everyday this goes from .08 to .10
Has anyone every played that move? Are you able to actually sell at .10? Jo
Posted by thesource on :
You can't . They are buying up all the shares they can get their hands on for .08 and selling them for .10-.12 a share . The MM are making the spread but sure as hell not going to let you in on the profits .
Posted by stocktrader2006 on :
It is very hard to believe that this company has not put out a PR in 96 days after a $70million sale of their "intellectual property".
What a POS!
Posted by thesource on :
Whats worse a company that has money but won't say a word or a company that never shuts up and is broke ?
Posted by stocktrader2006 on :
What's worse:
A shareholder that bashes its own stock in a message board, or
A NON-shareholder that bashes a stock in a message board?
Posted by stocktrader2006 on :
It is quite obvious that this co. does not give a flying 'you know what' about their stock, let alone shareholders. I'm dumping the rest of what I got today....chalk up another loser!
90+ days of no communications after a $70M transaction is dogchit.
BTW, any Danskin apparell that enters my house in the future will be immediately removed to the backyard and burned to a crisp.
Posted by Jo4321 on :
quote: I'm dumping the rest of what I got today....chalk up another loser!
This is destined to stay at this level until *I* decide to dump mine. Then you'll see a quick turnaround.
Jo
Posted by bdgee on :
No, Jo, as I have none to dump, there is no "good" reason for a DANS turnaround.
(For a fee, however, I could be persuaded to buy and then sell??????)
Posted by stocktrader2006 on :
Bid is at 0
Guess no one wants to buy this chit - c'mon I only have 7500 left to sell.
Posted by stocktrader2006 on :
Even the MM's aren't buying sells at the bid....What's that tell you?
Posted by thesource on :
quote:Originally posted by stocktrader2006: What's worse:
A shareholder that bashes its own stock in a message board, or
A NON-shareholder that bashes a stock in a message board?
Everyone has to make their beds to lie in . I'll take DANS over some hill billy with billions of dollars in monolopy money any day .
Posted by stocktrader2006 on :
The bid/ask on this is horsecrap as you can see by today's trades. Still trying to dump my last 7500.
Posted by stocktrader2006 on :
MM's wont even let you sell at the bid - you got to go lower than the bid.
Absolute horsecrap!!!
Posted by stocktrader2006 on :
Stick a fork in this one.
Posted by TimW on :
Trade you your 7500 DANS for 7500 of my CSHD i have.
.. rofl
Posted by stocktrader2006 on :
If they are pre 10/16 I'll do it....PM me!
Posted by thesource on :
Pre 10/16 ........ why does that matter ? Do you really think you are getting the split ? Even if you do , its nothing more than a 6 for 1 split like that fumble USSE pulled a few weeks ago . I'd take DANS any day over CSHD or anything Rufus is connected with .
Posted by stocktrader2006 on :
I'm sorry, this is an A and B conversation, so C your way out of it!
Posted by thesource on :
Where did you learn that one ? The side of your kids cereal box ?
Posted by stocktrader2006 on :
Hey Source - Tell your wife to stop PM'ing me pictures of her, I'm sick of it!!!!!!!!
Posted by thesource on :
Another good come back
Posted by stocktrader2006 on :
Posted by Jenna on :
You guys are tooo much!!!
Posted by Jo4321 on :
Hey guys, let's stay on topic in this thread:
Is that a Danskin she's wearing?
Jo
Posted by thesource on :
I wouldn't know , you'd have to ask STD2006 . He's the one that posted it .
Posted by stocktrader2006 on :
STD2006 - Good one Source!!!
Posted by thesource on :
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???
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