Joe Copia's daytrades/investments and thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tradenride who wrote (18679)	8/4/1999 8:01:00 AM
From: Joe Copia	Read Replies (2) of 25711

from an email: CDNO I called Mr. Tony Sandlier,President of Investor Relations for CDNO Patsy patsyw@vallnet.com It seem there are a lot of rumors on all boards and I wanted to find out the TRUTH. This morning I found the newspaper story in the Toledo Blade and I KNEW it would cause a panic selling by some. I sold off my position after reading the story. Then I got busy on the phone. I told Mr. Sandlier that I would post our conversation on the internet and informed him that there were a lot of investors who were worried. From now on all my post will be after market has closed to give everyone a fair chance. I am doing this because the Alliance Group copied my post from the DD den yesterday and sent it out to their members. Questions I asked: 1.There is a rumor of a tendered offer of .41 per share. FALSE 2.Wrong information on the correct float. Apprx.39 mil. 3.Are you still going foward with the acquisitions mentioned in the last news release? Answer, yes,we are working with a bank in the U.S. 4.Have you read the story in the Toledo Blade and how does the company feel about the story? He had not read it but had been told what it contained, I was told it was shut down because it was not profitable. I went on to say that I realized with all the insider trading rules that he could not answer a lot more of the questions that I would like to ask but was there anything he could tell me that would not be considered insider info. His answers: They feel someone is trying to do a leveraged buyout, current share price is not a true representation of what the company is worth,the company has assets of over 12 million. The rumor floating around about someone with a buy order yesterday is TRUE. The firm that handeled that transaction is Wayne Securities in New Jersey, they received an order yesterday to BUY 25 million shares in the open market. I thanked him for his time and after I hung up I bought 3 times as many as I sold this morning.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next