posted
Anyone know what's going on? I see that SNWP lost their "E" for late filings, and I also see volume coming in. This stock is pretty thin, and the L2's are looking good.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
This one just now getting started. Long overdue for a nice run.
Historical Time & Sales Stock Symbol Trade Date Price Range Trade Size Trades per Page Today 1 day ago 2 days ago 3 days ago 4 days ago Min Max Min Max (Max 400)
posted
4x the 10 day average in volume.. is there news?? Something must be going on!
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
Hope no one got shook out this morning. NITE wants shares real bad. This one going to hit .01 sooner than later.
Posts: 1343 | From: Rome Georgia | Registered: Oct 2004
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posted
All buyers from wire to wire. This fat white candlestick might get it some attention. Hoping they close the spread on the Bid side.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
when did this happen or will it? WOW, 8.5 million shares Common outstanding!!!
INFORMATION STATEMENT PURSUANT TO SECTION 14(c)
OF THE SECURITIES EXCHANGE ACT OF 1934
Check the appropriate box:
x Preliminary Information Statement
o Confidential, for Use of the Commission Only (as permitted by Rule 14c-5(d)(2))
o Definitive Information Statement
SATELLITE NEWSPAPERS CORP.
"The Reverse Stock Split and the other terms of the Amendment will have the following effects upon our Common Stock:
The number of shares owned by each holder of Common Stock will be reduced by the ratio of fifty (50) to one (1), reducing the number of shares of our Common Stock outstanding from 423,477,518 shares, to approximately 8,469,550 shares;...."
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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This Information Statement is dated July 14, 2006 and is first being mailed to stockholders on or about August __, 2006. Only shareholders of record at the close of business on August 1, 2006 are entitled to receive this Information Statement.
EFFECTIVE DATE The Amendment will not become effective until (i) 21 days from the date this Information Statement is first mailed to the stockholders, or, (ii) such later date as approved by the board of directors, in its sole discretion.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
well, i came back today to notice that i got a partial sell filled on this..
i had an order to sell 200,000 at .005.. 20,000 of it went through, oddly enough, since that was the ask, not the bid.. in my mind, that tells me that someone really wanted to buy those shares off of me..
i'm hoping that the mini-volume-bump of today, along with the nie candle will get this to bump back up again to what it did in early july, so i can finally get out of this stock.. i've been in it since it was above a penny, avg.'ing down around .003 for awhile.. i'm looking forward to making it out with a profit.
i can't wait to see how things go tomorrow morning.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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posted
Hard to say edge. R/S don't usally end well if you get caught holding after the split. However, they do sometime run them a bit before the R/S.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
yea, i'm trying to get out ASAP.. definately don't wanna get stuck after a R/S.. i got stuck it BTWO when it became BTOD, which has been a near-total loss for awhile..
just hoping for this one to get to .0058 so i can get all my positions cleared out.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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i sold off my remaining 380,000 shares throughout the morning, just so you know that not all of those '.005' ticks were buys.. a lot of them were my own sales..
i just didn't wanna take a chance and end up sitting back down again at .0025-.0030 for another while, or worse, get stuck in the R/S wagon..
but best of luck to anyone playing this one. hopefully it treats you better than it treated me.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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