quote:Originally posted by stnkng1: i bought the other day when it was really moving bought at .60 and boom went straight down wouldnt let me out until .38 i was pissed
What are you talking about?
This didn't hit .60
and It just hit .38 today
WHAAAAAAAAAAAAAT?
confused in Jersey!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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posted
stnkng- you have me way confused. Page 2 you have a buy in for .28 cents and then you post you got in at .60? Wrong thread maybe?
Posts: 1632 | From: NJ | Registered: Nov 2005
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posted
You all do realize this was CPN on NYSE and could buy in all the way down...to pink sheets. I think that is your answer.
Posts: 908 | Registered: Dec 2004
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Look for more talk of "bridge financing" as we see some articles in the next few days talking about May's attempts to get financing this will continue a steady rise...imo
Posts: 908 | Registered: Dec 2004
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probably not much. i dont think this company is done tho. this could very easily get over a dollar fairly quickly. (not monday)
Posts: 15 | Registered: Dec 2005
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I use the following criteria to select a stock that will likely run in 3 weeks: 1. The O/S is under 300mm shares; 2. The pps has recently been pulled down at least 50% by the MMs to collect cheap shares; 3. The stock has a history of runs and jumped at least 50% during the runs; If you find such a stock and the pps stays at bottom for a week or longer, get in at bottom and set a targer of 35%, I am 80% confident you will get hit and win the game in 3 weeks. CPNL has met all the requirents, watch it.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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Calpine, struggling under a $17 billion debt burden and weak power markets in the wake of the California energy crisis and the collapse of Enron, has warned in recent weeks bankruptcy was an option.
Posts: 28 | Registered: Nov 2005
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posted
Sorry, I don't know anything about the company; I just checked the MMs' agenda and Level 2 activities. It shows some pr may come out and CPNL will jumped to 0.75 level. My chart shows it will likely make a bottom counce. Another one is JKRI, the buying pressure is very high. I used the same method to idntiry SYCI, it jumped 420% last week. Just watch it.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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quote:Originally posted by JimSC: Sorry, I don't know anything about the company; I just checked the MMs' agenda and Level 2 activities. It shows some pr may come out and CPNL will jumped to 0.75 level. My chart shows it will likely make a bottom counce. Another one is JKRI, the buying pressure is very high. I used the same method to idntiry SYCI, it jumped 420% last week. Just watch it.
posted
The simple facts are: 1. The MMs have accumulated tons of cheap shares; 2. All the sellers are gone; 3. ALL the bargain hunters are coming; 4. The MMs have total control of the PPS.
The result is a bottom bounce. Just watch it -- don't do anything.
Just check the charts of CPNL, JKRI, and SYCI --- they are so similar. In fact, they are designed for a bottom bounce.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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quote:Originally posted by JimSC: The simple facts are: 1. The MMs have accumulated tons of cheap shares; 2. All the sellers are gone; 3. ALL the bargain hunters are coming; 4. The MMs have total control of the PPS.
The result is a bottom bounce. Just watch it -- don't do anything.
Just check the charts of CPNL, JKRI, and SYCI --- they are so similar. In fact, they are designed for a bottom bounce.
ya, i get that...but will you answer the question about "MMs agenda"?
posted
"MMs' agenda" also means "MMs' activities" or "what do they intend to do next."
Since they have collected enough cheap shares, they want to raise the pps and unload them to the investors. We call it a run. Normally, a run requires a trigger event, such as a pr or good 10-Q. Another method is to pull the pps even lower to build up buying pressure, this was done to CPNL last Friday. To make sure this is the case, we need to check the level 2 data, which confirmed that the buying pressure has been increased, 14 buys vs. 6 sells, among the last 20 trades in Friday afternoon. Thus, I concluded that the MMs' next thing to do, or agenda, is a run. Just wait and see.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
OK I don't know what direction this stock is going in BUT I do know that there are some high rollers playing it. I bought almost 20k shares last week at almost 7k. The buys coming in from last week up to now have been outrageous! some spending 20k on up! I'm going to hang around for a bit and see what happens
-------------------- Please make me rich so I can buy all the pizza I want! lol Posts: 56 | Registered: Nov 2005
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quote:Originally posted by JimSC: "MMs' agenda" also means "MMs' activities" or "what do they intend to do next."
Since they have collected enough cheap shares, they want to raise the pps and unload them to the investors. We call it a run. Normally, a run requires a trigger event, such as a pr or good 10-Q. Another method is to pull the pps even lower to build up buying pressure, this was done to CPNL last Friday. To make sure this is the case, we need to check the level 2 data, which confirmed that the buying pressure has been increased, 14 buys vs. 6 sells, among the last 20 trades in Friday afternoon. Thus, I concluded that the MMs' next thing to do, or agenda, is a run. Just wait and see.
do you personally know any MM's?
Posts: 1045 | From: novato,ca,usa | Registered: Aug 2003
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posted
There are no MM agendas here, this is a MAJOR company trying to avoid bankruptcy- you can throw all your charting out the window too
Posts: 28 | Registered: Nov 2005
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Sorry, I don't have time for this thread. Do your DD -- each trade is a gamble.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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We are AWARE of the possibility of bankruptcy BUT does it mean that the stock is DEAD RIGHT NOW - there may be way more room to grow before taking a final plunge or it could redeem itself
-------------------- Please make me rich so I can buy all the pizza I want! lol Posts: 56 | Registered: Nov 2005
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Calpine seen able to supply transmission grids Tue Dec 20, 2005 03:56 PM ET SAN FRANCISCO, Dec 20 (Reuters) - Power company Calpine Corp. (CPNL.PK: Quote, Profile, Research) is current with its credit obligations to the organizations that run key regional electricity grids, despite facing the risk of bankruptcy, Texas and California officials say. The company has one of the largest power fleets in the United States, with 92 turbines with a generating capacity of about 26,500 megawatts.
-------------------- Please make me rich so I can buy all the pizza I want! lol Posts: 56 | Registered: Nov 2005
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posted
Calpine Files for Bankruptcy Protection Tuesday December 20, 11:32 pm ET Struggling Power Merchant Calpine Files for Bankruptcy Protection
SAN JOSE, Calif. (AP) -- Struggling power merchant Calpine Corp. filed for Chapter 11 bankruptcy court protection late Tuesday as it grapples with more than $17 billion in debt. The filing in U.S. Bankruptcy Court in New York will allow Calpine to continue operations at its power plants and facilities in the United States, Mexico and Canada, the company said in a news release.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
Asking that because when delta filed bankruptcy - there was still a lot of room to play with their stock- it was like a roller coaster but some days were just like trading any other stock -
-------------------- Please make me rich so I can buy all the pizza I want! lol Posts: 56 | Registered: Nov 2005
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posted
there might be some room to play this but in the end i think the stock will be cancelled. the bondholders basically own everything. there will be nothing left for origninal equity holders in the reorganized company.
Posts: 1045 | From: novato,ca,usa | Registered: Aug 2003
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