Some DD that I found: COMPTRONIX CORP OTCBB: CPTX
I found this post in the News Groups:
I have learned that information about CPTX will be sent to
> stock traders via E-mail on Monday at about 10:15 am Eastern Time. This
> will obviously be a pump and dump that should raise the price drasticly
> over the next few trading days .This is a shell and shells have
> been under accumulation recently.
>Looking at the charts for CPTX you see the recent
> accumulation going on. E-Mail newsletters almost always cause a stocks
> price to rise fast. The secret to making money with these kinds of
> stocks is get in before the e-mail group does and get out within 1 to 2
> trading days. Clean shells usually trade around .20 cents
>Get in early Monday and be ready to sell. Good Luck. Top of Form 1
Bottom of Form 1
some of the OTC gurus in the newsgroups are hearing that CPTX is to trade up in light of some favorable news forthcoming.
Top of Form 1
Post # of 216 Bottom of Form 1
Volume Rank provides a measure of the most recent trading activity of a stock using a composite of three important volume indicators; 1/30, 5/30, and 10/90-day volume ratios. A very high Volume Rank for CPTX indicates that the stock has seen unusually active trading recently. Research news and events to determine why this stock has been so heavily traded recently. CPTX's score for Volume Rank has moved substantially higher within the last thirty days. The score for Long Term Technical Rank indicates that popular long-term technical indicators (using moving averages, price, and volume) score higher marks than most stocks. This implies that CPTX has long-term growth potential from its current prices. This technical score has recently advanced considerably, indicating that CPTX could be gaining momentum. Insider Rank indicates that officers and directors of CPTX have been buying the stock within the last six months. Insider buying is a long-term indication of strength for a company. Investigate CPTX further to see why insiders are accumulating the stock. Be aware that the score for Insider Rank has increased by a large margin within the last thirty days, indicating that insiders have bought recently. A large amount of insider buying has not recently correlated with stocks that outperform their peer groups. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions.
Top of Form 1
By: athena14 Post # of 216 Bottom of Form 1
found this on free real time quotes message board Knight Corp (NITE) owns 51% of this company. Nite is climbing up real fast.
Active Market Maker's
MMID Market Maker Name Quote Status
--------------------------------------------------------------------------------
Total MMID Count: 7
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FRAN WM. V. FRANKEL & CO., INCORPORATED Active
HILL HILL THOMPSON MAGID & CO INC Active
HRZG HERZOG, HEINE, GEDULD, INC. Active
MHMY M. H. MEYERSON & CO., INC. Active
NITE KNIGHT SECURITIES, INC. Active
SHRP SHARPE CAPITAL, INC. Active
WIEN WIEN SECURITIES CORP. Active
Last Insider filing:
Ramsay Hughes and Associates (Cincinatti merchant bank)
Ramsay-Hughes is a venture capital co. in Cincinatti
Rumor: Began that Ramsay-Huges were accumulating shares for a reverse merger--check the Yahoo "Insider" link for the stock and see for yourself.
Ramsay Hughes owns enough of it to have to file about their ownership now.
Robin Bates used to handle IR for Comptronix use the internet to find the right Robin Bates or Ramsey Hughes and you will probably find some answers.
Profile: Comptronix Corporation provides contract manufacturing services to original equipment manufacturers ("OEMs"), including producers of computers, computer peripherals, industrial instruments, communications equipment, medical devices and test equipment. The Company specializes in assembling printed circuit boards with computer-automated equipment using a variety of component interconnection techniques including pin-through-hole and surface mount technology. The Company also provides a full range of "next higher assembly" manufacturing and test services including total product assembly and order fulfillment (direct distribution of finished goods to its customers' customer). The Company provides its manufacturing services primarily on a purchased material or "turnkey" basis. Turnkey manufacturing consists of a package of services for the production of printed circuit boards and/or next higher assembly "box build" products in accordance with customer specifications. These services include the procurement of the components to be assembled, the assembly and testing of the printed circuit board, and post assembly and testing of "box build" products. The Company also provides various services independently of its turnkey manufacturing services, including in-circuit test development, functional test development, manufacturing and test-related consultation services, and consignment assembly (i.e. assembly of components consigned by the customer rather than purchased for the customer by the Company). The Company's principal strategy is to establish long-term relationships with a diverse group of OEMs in a broad range of industries which have intensive manufacturing requirements typically associated with products in the earlier stages of their life cycles and to provide manufacturing services for successive generations of these products. The Company generally does not seek to be a manufacturer of low-cost, high-volume components for consumer-oriented products. The Company was formed in 1984, with the opening of its manufacturing facility in Guntersville, Alabama. In 1989, the Company opened a manufacturing facility in San Jose, California (the "Orchard Parkway Facility"). In 1990, the Company purchased certain assets associated with the printed circuit board assembly operations of Ampex Corporation and in connection therewith opened a manufacturing facility in Colorado Springs, Colorado. In 1992, the Company opened a second manufacturing facility in Guntersville and completed the acquisition of certain assets associated with the printed circuit card assembly operations of Exicom Technologies, Inc. ("Exicom") and lease of its facilities located in San Jose, California (the "Trimble Facility"). During 1993 the Company closed its Orchard Parkway Facility and consolidated its operations in San Jose into its Trimble Facility. During 1994, the Company made the strategic decision to sell its San Jose division to eliminate excess capacity involving both plant space as well as equipment and other fixed assets. The Company completed the sale of substantially all of the assets associated with its San Jose division to Sanmina Corporation in October 1994. During 1995, the Company moved its corporate offices to Brentwood, Tennessee. In the second quarter of 1995, the Company closed its Colorado Springs facility and consolidated it with the two plants in Guntersville, Alabama. In January 1996, the Company opened a new 30,000 square foot manufacturing facility in Empalme, Sonora, Mexico.
OFFICERS: E. Townes Duncan, Chmn./Pres./CEO, Joseph G. Andersen, VP/CFO/CAO/Secy., Paul D. Johns, VP, David E. Nesbit, VP, Michael C. Thompson, VP. TRANSFER AGENT: The Citizens and Southern Trust Co. Company incorporated in DE. Direct inquiries to: Director of Investor Relations.
<http://news.stockmaster.com/profile.asp?ticker=CPTX>
Someone stated that CPTX is only a shell now.
Someone tracked down Comptronix's former Chairman and CEO Duncan Townes, at the Brentwood, TN address someone on this thread found earlier and asked him about why the shell company stock persisted in showing up on my brokerage account records. He confessed that his Comptronix stock holdings also showed up on his brokerage account statements and said that he'd been told that "the lawyers still haven't finished up." And that was that. I don't know where Mr. Townes is but if I knew I would ask him if he knew about Ramsay Hughes's recent accumulation. I suspect that they are attempting to gain control of the holding to engage in a reverse merger with some corporate entity they advise. The holding company's status as a publicly owned and traded entity still is of value, and merging it into a full bodied private company is a quick backdoor into having a publicly traded company overnight. In fact with my personal resources, I could have bought Comptronix (at 16,000,000 shares outstanding this would have cost between one and two hundred thousand if my accumulation didn't drive the price up) and merged it with any one of a number of private companies friends of mine own and--whalla!--reincarnated them into publicly owned co's overnight. iParty (bb:IPTY) which is now IPT </q?s=IPT&d=t> Feb 18 3 1/4 +1/4 +8.33% 54,700 is a well known creation of a reverse merger.
There are estimated to be between twenty and thirty thousand publicly traded company's and many of them are basically shell companies like this one, remnant husks, or shadows, of companies once alive, if for just a brief time, many probably stillborn, that linger as forgotten memories in the twilit outer fringes of the equity markets.
The stock never got a E and must have past the NEW SEC rules to trade, so this is a good sign...I have seen in the past few days someone is buying this one..I will hold and see.
Top of Form 1
By: SAYLOR <http://www.ragingbull.com/mboard/memalias.cgi?member=SAYLOR> Reply Friday, 4 Feb 2000 at 9:29 AM EST Post # of 216 Bottom of Form 1
SEC filing has been completed (if the company is gone. then what did they do an audit on) |
