posted
Time and patients is the road to success sorry about losing my cool dollar you are nice guy. And I will try not to step on your toes anymore I just really believe in this as a positive opportunity. And the old saying is if you can’t take the heat stay out of the kitchen. Posts: 28 | From: waco texas | Registered: Sep 2006
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posted
recent news shorted shares down in september
Tuesday , September 26, 2006 18:18 ET
According to new short interest data from OTCBB.com, short interest for Calpine Corporation (OTC: CPNLQ) DECREASED 2.5% to 92,525,641 shares for the month ended mid-September, 2006.
SYMBOL AUGUST SEPTEMBER CHANGE %CHANGE DAYS/COVER -------- ------------- ------------- ------------- ------------ ---------- CPNLQ 94,884,130 92,525,641 -2,358,489 -2.49% 68
Based on CPNLQ's 20-day average daily share volume of 1,368,998, it would require approximately 68 day(s) of buying to cover this short interest.
Posts: 28 | From: waco texas | Registered: Sep 2006
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Earlier this month, Calpine (CPNLQ.PK) announced that it had hired Bob May to be its new CEO, after Peter Cartwright was removed by the company’s directors at the end of November. May, 56, a turnaround expert who most recently served as interim CEO at Healthsouth (HLSH.PK). Last week, Calpine filed for bankruptcy protection. But before they did that, they inked this employment agreement with May that was filed with the SEC yesterday.
The most striking thing about the agreement is that May will collect a $12 million “success fee” if the company’s bankruptcy plan is approved either during May’s tenure or within a year following his departure from the company. That’s certainly a hefty incentive to get the job done. Equally interesting is the $2 million signing bonus May was set to collect yesterday and a guaranteed minimum bonus of $2.25 million at the end of next year and a $1.5 million guaranteed bonus at the end of 2007 of $1.5 million. That’s on top of the $1.5 million in annual salary. Needless to say, none of those details were included in May’s hiring announcement.
Now I’ve interviewed May two months ago for an article I worked on for Worth magazine and he certainly seems like a bright, talented guy. But that’s still a whole heap of money, given that it’s only a two year contract. Is he worth that kind of cash? Calpine’s board apparently believes so. And, since the contract was entered into a week before the company filed its Chapter 11 petition, I’m pretty sure (thought correct me if I’m wrong) the bankruptcy court has no say on this one.
Posts: 28 | From: waco texas | Registered: Sep 2006
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Stochastic is an oscillator. An oscillator compares the current price of a stock to its trading range in the recent past. It tells us if the current price is unsustainable and about to turn around and head in the other direction. Stochastic helps identify turning points as prices swing back and forth within the scope of the more significant trend identified by MACD. Stochastic can be used to time trades effectively, but it needs to be used in conjunction with MACD. If MACD indicates an uptrend, stochastic can be used to time trades in the direction of that trend (up). If MACD indicates a downtrend, stochastic can be used to time trades in the direction of that trend (down). You don't want to trade opposite the direction of the broader trend! In my opinion this stock is planning but I hope to see it hit forty cents next week it will probably not hold but would be top for next swing on oversold side of stochastic making forward movement before dropping back to thirty-five cents. It will take proven income to really make the ball start to roll. I started to play top at thirty-six cents and buy delta after crash but got cold feet that was a mistake. I could be thirty percent better off right now but fear held me back. I was not sure it would swing back in a couple days but it did.
Posts: 28 | From: waco texas | Registered: Sep 2006
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posted
SAN FRANCISCO, Sept 13 - Bankrupt power producer Calpine Corp required to submit monthly financial reports to the U.S. Bankruptcy Court for the Southern District of New York, said on Wednesday it posted a profit for July, citing record demand for electricity during a nationwide heat wave. Calpine said in a regulatory filing that it had net income of $92.2 million in July, its first monthly profit since it filed for Chapter 11 bankruptcy protection last December. The San Jose, California-based company reported a net loss of $336.3 million in June. Revenues rose by 37 percent from June, to $784.7 million. "The third quarter is traditionally the strongest quarter for Calpine due to the summer-peak nature of our market," Katherine Potter, Calpine spokeswoman, said. Total spark spreads -- the difference between the cost of generation and its selling price -- rose in July to about $285 million from $226 million in June, the company said. Electrifying Houston we will have lift off in four weeks. Earnings Releases SYMBOL PERIOD EPS ESTIMATE EPS ACTUAL PREV. YEAR ACTUAL DATE/TIME (ET) CPNLQ Q3 2006 n/a n/a -$ 0.17---------------------------30-Oct-06 -9-Nov-06
BUFFETT said any possible target must be "very large." Berkshire is looking at businesses such as utilities, both in the U.S. and abroad, he added. "My guess is that in the next 10 years we will buy one or two or three" utilities, Buffet said. "We are familiar with all the large utility operations in the U.S. and some outside the U.S. We would look at any one that indicates an interest." I hope the big fish bites the hook and use little fish can catch some leftovers win the shorts get the royal flush. I will have a moment of silence in there behalf .ye ha
Waiting for this run
Posts: 28 | From: waco texas | Registered: Sep 2006
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posted
She loves me she loves me not EARNINGS POSSIBLE DATE 10-30 THRU 11-09 YE HA Will the second of the ten possible pebbles of the flower was a love me. Now tomorrow is another chance in the game of life. But my momma told me if you can’t take the heat stay out of the kitchen and I loved my momma cooking too much to stay out of the kitchen. So let’s smell the roses and eat some of mammas cooken just don’t get caught sneaking a piece of chicken cause then you might half to wash them dishes. YOU CAN TAKE THE BOY OUT THE COUNTRY BUT YOU CAN’T TAKE THE COUNTRY OUT THE BOY Were in the money shorts beware because you are about to get a whipped like you never been whipped before. Houston lift off in seven days are less this whipping goanna hurt worst than hickory switch that granny made me pick. I have hade a few spankings in my time but granny could make me do the jig.
Posts: 28 | From: waco texas | Registered: Sep 2006
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quote:Originally posted by luckyjohn7or11: Electrifying hit me again I just love a good gamble .life is but a box of chocolate you never now what your going to get. I got 95000 shares .325 and she is fixing to rock earning will be in 11-09-2006 and those 200.000.000 or sow shorted shares are going to be in ICU hollering doctor please doctor please can you help me. I will hold a moment of silence in there memory.
good gamble uhh LMAO
tell me about it . Posts: 4112 | Registered: Jun 2006
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posted
FTC approved early release from bankruptcy's.no date given posted this morning.Not sure witch way to go gonna lock use in until it is settled seven or eleven come on eleven.
Posts: 28 | From: waco texas | Registered: Sep 2006
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posted
Application Given Early Antitrust Clearance By FTC
The Hart-Scott-Rodino Act requires under certain circumstances that prospective acquirers of voting securities or assets apply for clearance from regulators, Requests for early termination or clearance are granted when the Federal Trade Commission and the antitrust division of the department of justice have determined that they won’t take enforcement action during the waiting period. Date terminated Wednesday I do not understand what this means please give me your opinion. If they come out of b.k. we could be in trouble .
Posts: 28 | From: waco texas | Registered: Sep 2006
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quote:Originally posted by luckyjohn7or11: Application Given Early Antitrust Clearance By FTC
The Hart-Scott-Rodino Act requires under certain circumstances that prospective acquirers of voting securities or assets apply for clearance from regulators, Requests for early termination or clearance are granted when the Federal Trade Commission and the antitrust division of the department of justice have determined that they won’t take enforcement action during the waiting period. Date terminated Wednesday I do not understand what this means please give me your opinion. If they come out of b.k. we could be in trouble .
This is not a company PR is only DOW JONES reports
i found you another one just like it from September 20 2006.
posted
I bought in 32.5 cents but i do not want to ride to long.If they come out of chapter 11, I would be lost never did that before.I watch OWENQ go thru and the shares went in to warrants but it was something new to me.When do you think calpine will try to come out of chapter 11 and what will happen to our shares.Looking for help understanding please.NEW AT THIS GAME Posts: 28 | From: waco texas | Registered: Sep 2006
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quote:Originally posted by luckyjohn7or11: I bought in 32.5 cents but i do not want to ride to long.If they come out of chapter 11, I would be lost never did that before.I watch OWENQ go thru and the shares went in to warrants but it was something new to me.When do you think calpine will try to come out of chapter 11 and what will happen to our shares.Looking for help understanding please.NEW AT THIS GAME
it's hard to say how long they will take to emerge from backrupcy ,Power company MIRANT it took them 30 months to emerge .
what happend to your shares after the emerge?
In most bankruptcies, the common shares are canceled when the company emerge from Bankrupcy.
posted
I was also reading at INVESTORVILLAGE a post from $maker about the company total debt.
The way i understand is than the TOTAL DEBT has decrease in NOVEMBER from 16.32b to 7.64b, probably that explain the recent PPS increase.
Posts: 4112 | Registered: Jun 2006
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posted
Calpine Reports 3Q Net Income $1.6M Vs Net Loss $216.6M It look pretty good to me.
Posts: 28 | From: waco texas | Registered: Sep 2006
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posted
will probably go the way of Owens corning. maybe get some warrants but no equity shares when they emerge from BK. debt has been dropping but thats because they have been selling various assets to pay down the debt. the debt holders are essentially in control at the moment through the BK court. can't imagine current equity holders getting anyting in the reorg except some warrants. should still be some swings in the Q stock for trading though.
Posts: 1045 | From: novato,ca,usa | Registered: Aug 2003
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