UnderGround Forums
 

Money, Business & Finance Ground >> Odd stock price. Your thoughts?


9/14/09 4:56 PM
Ignore | Quote | Vote Down | Vote Up
American Icon
Send Private Message Add Comment To Profile

Member Since: 5/25/09
Posts: 752
 
The ticker is EWRC. I think it just closed for the day at about 0.0015. That is correct. 15/100 of a penny per share. But according to this link;

http://www.marketwatch.com/story/eworld-companies-board-of-directors-approves-offer-for-purchase-of-outstanding-shares-at-19-cents-2009-09-10

they've basically just approved sale of the company for 1.9 cents per share, or more than ten times what it is currently worth. Why isn't the price changing to reflect this? Or am I misunderstanding what is meant by the above article?
9/14/09 9:04 PM
Ignore | Quote | Vote Down | Vote Up
Dysqo
7 The total sum of your votes up and votes down Send Private Message Add Comment To Profile

Member Since: 7/31/06
Posts: 438
It trades on the pinks, which should always raise a red flag. I didnt see any of the news articles mentioning who the buyer is, that is another red flag. Your prob best to turn around and walk away.
9/14/09 11:43 PM
Ignore | Quote | Vote Down | Vote Up
American Icon
Send Private Message Add Comment To Profile

Member Since: 5/25/09
Posts: 755
Nice call. But screw it, I can afford to lose 500 dollars and if it's not complete bullshit I'll blow the 5k I make on drugs and strippers.
9/15/09 11:14 AM
Ignore | Quote | Vote Down | Vote Up
cluster
13 The total sum of your votes up and votes down Send Private Message Add Comment To Profile

Member Since: 2/1/07
Posts: 1157
At least you got advance news of this can't miss trade on the internet and not from your fax machine!
9/15/09 12:47 PM
Ignore | Quote | Vote Down | Vote Up
American Icon
Send Private Message Add Comment To Profile

Member Since: 5/25/09
Posts: 759
Normally marketwatch won't touch things like this, which is what made me take notice.
9/15/09 10:29 PM
Ignore | Quote | Vote Down | Vote Up
Dysqo
7 The total sum of your votes up and votes down Send Private Message Add Comment To Profile

Member Since: 7/31/06
Posts: 439
I think the buyout offer is from Jinx.
9/16/09 8:18 PM
Ignore | Quote | Vote Down | Vote Up
WEB
45 The total sum of your votes up and votes down Send Private Message Add Comment To Profile

Member Since: 1/1/01
Posts: 6368
check out asfx for a pink stock.
9/30/09 11:38 AM
Ignore | Quote | Vote Down | Vote Up
Hemlock
145 The total sum of your votes up and votes down Send Private Message Add Comment To Profile

Member Since: 2/16/05
Posts: 7260
WEB - check out asfx for a pink stock.



Hope you make your killing dude.

Damn
9/30/09 10:06 PM
Ignore | Quote | Vote Down | Vote Up
WEB
45 The total sum of your votes up and votes down Send Private Message Add Comment To Profile

Member Since: 1/1/01
Posts: 6370
this thing has run wild. in at .004 still holding.

Reply Post

You must log in to post a reply. Click here to login.