Won't dispute the fact that they were heading down-tube for quite sometime, or that they were buying expensive growth and constantly changing the story, but in all fairness, the debt issues were pretty clear for a long time.
Loco Corpse is so inconsequential that its law firm STILL has not posted the company on its clients list. They must be SO embarrassed at Winthrop Couchot PLC, that they accepted this assignment.
"I have a first contact to an attorney, who would work for me on an percentage-base (not allowed in Germany) - very expensive with an an extreme high percentage, which will be lowered, if additional investors come together."
stannguru, if I were in your position, I would make every effort to keep your new attorney from viewing the LOCM chat board, lest he gain understanding of how unbalanced you are, that you have not got a leg to stand on with respect to your claims.
stannguru, you can beat the daylights out of a dead horse, but it is not going to pull your wagon.
Okay money, we've had enough of you. Get cancer and die. In the meantime,
Here is how important the Loco Corpse Ch 11 case is: The company's own legal firm has not yet posted Loco Corpse as a client. Check out the firm's website: Winthrop Couchot PLC.
Ch 13 is for individuals. Not relevant here.
Then the others must be Ch 7 filings -- straight to liquidation.
I think your information is incorrect
Other than the "Friday" miss-hit, what was it you were saying, strongsmell?
When the announcement was made, there was a raft of buyers that had to own it because the requirements of the funds state that they have to own the shares in the index. Now that those buyers have filled the requirements, the only buying on their part occurs when new money comes into the fund, and they have to put the money to work, again per fund requirements. You would not want to put your money into a micro-cap fund and learn that they were buying Exxon. But on the flip side, when there are redemptions, when people such as yourself wish to cash out of the fund, they have to sell. Other than the funds, supply and demand depends strictly on the investment merits of the company. It is quite possible that word had gotten out early that Russell was either contemplating or would actually add INUV to the index, causing those in the know to bid the shares up in advance of the actual announcement, and now they are selling and taking advantage of the boost that the shares got with the announcement.
IWC is the ticker for the microcap exchange-traded fund (ETF), one of many microcap funds. Fidelity, Vanguard, many others, have various specialized funds including micro-cap funds.
The Russell Micro-Cap index is one of several maintained and published by Russell Investments, a global broker. It has no ticker -- you go to the Russell website to see its performance. It is simply a benchmark.
We note that FastPay filed an objection to the bankruptcy, or at least parts of it. Their heads must be spinning with the speed with which their deal went into the toilet, and somebody's head must be rolling on the floor.
My favorite is to merge Greece with New Jersey. More value for taxpayers. Then both could buy Loco Corpse and sell the patents and everybody be happy.
stannguru, you should be running the Greece bailout!
Strongsmell was buying at five cents today and already is down almost 25% plus commissions...
I'm not sure what the good "Buy" price is on this stock because I don't know what the pee-E ratio is...
We have stannguru as the only true supporter of this stock over the last upteen years, at prices of $6 and down, Shamelessly cuts and pastes management comments that are three years old as news. Everything that happens, bad and worse, is somehow good. And as he will tell you, the individual posting as stan-r-guru is a fake. Indeed, satire. We have not heard from stann in a few days. Perhaps he has finally figured it all out.
The index does not push the stock. The collective performance of the stocks in the index drives the index values. All an index does is tell you how the basket is doing. Essentially, this sets the performance bar for money managers. Typically, a fund that owns across all industries and sizes will be judged on how its fund performs against the S&P 500 index. But some funds are geared toward a particular size and style -- small cap, large cap, growth, value, etc. -- and various indexes have been created to zero in on how these segments are performing. This includes the Russell.
There are a number of funds that simply wish to replicate the performance of a particular index, in which case they own all of the stocks in the index. Thus, a stock will get a boost when it is added to the index because a certain amount of artificial demand has been created -- everybody has to pile in at once. The Russell announcement was made some time ago and INUV has seen just about all that it will see from that announcement. Any further progress toward $5 will have to be strictly on INUV's investment merits.