quote:Originally posted by will: DFRC , I own this piece of crap at an average of .0038 DFRC is currently a holding company with operations in real estate. A holding company. News Link - http://www.pinksheets.com/quote/news.jsp?symbol=DFRC Average volume - http://quotes.barchart.com/techrept.asp?sym=DFRC 52 week low .0008 20-Day high .0023 on 05/19/04 65-Day high .0150 on 03/26/04 In early May they had an acquisition go bad, and weren't able to get it done. Its been going South since then.
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Im watching LSTA and something I find interesting other than that the ASK is up to .0008 is that NITE is on the BID but not on the ASK at all. This is not common for NITE at all! Rick
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quote:Originally posted by will: Might be able to GWDL at .0001. Could or could not be a bargain though. They just issued a gazillion shares again.
They have done this quite a number of times. First they "buy" back Billions of shares, only to reissue twice as much as they bought. maybe a buy @.0001 for a quick double. run fast when you get profits though lol
PALR has 1 Billion A/S and 836,152,857 O/S as per last 10Q. New S-8 for 300,000,000 shares will put it over the A/S. They'll start to increase A/S soon. Might want to wait
[This message has been edited by SimpleGuy (edited June 18, 2004).]
I thought it was a good play 2 days ago when they announced:
Tuesday June 15, 9:15 am ET
KNOXVILLE, Tenn., June 15 /PRNewswire-FirstCall/ -- Celerity Systems, Inc. (OTC Bulletin Board: CESY - News), a business development company focused on providing capital formation, management advice and investments in developing companies, announced today that the Company has reached an agreement with Eagle Broadband, in which Celerity purchased 140,598,524 shares of its common stock and a $350,000 convertible debenture from Eagle Broadband (Amex: EAG - News), an investor in the Company. Celerity paid Eagle Broadband $662,308 for the purchase of these shares and for the retirement of the remaining $350,000 portion of a $500,000 convertible note outstanding held by Eagle Broadband.
Celerity President and CEO Robert Legnosky stated, "Through this transaction, we are reducing our outstanding debt as well as our outstanding shares as part of a continuing strategy to strengthen our operations and enhance shareholder value. Celerity's fundamentals are improving, and our repurchase of the convertible debenture demonstrates our confidence in our financial outlook and prospects for growth."
But it does not seem to have affected the stock price. I am kinda new to this so maybe there is something I am missing so I was asking for a little insight
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I took a short nap, and just about nothing changed n all the stocks I'm watching, lol. I am looking at CNES, trading at .0017, did hit .0016, but it's 52 week low is .0011. I might have to run out shortly.
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