SI
SI
discoversearch

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.
Microcap & Penny Stocks : HEARTLAND WIRELESS COMMUNICATIONS INC (HART) -- Ignore unavailable to you. Want to Upgrade?


To: Dan Sherman who wrote (171)4/12/1999 5:05:00 PM
From: Jon Scott  Read Replies (1) | Respond to of 178
 
Sounds like a new thread-My Sorriest Sells.



To: Dan Sherman who wrote (171)4/12/1999 10:40:00 PM
From: Jacalyn Deaner  Read Replies (1) | Respond to of 178
 
.HARTQ
bankruptcy mentioned on CNBC this afternon, new stock issued NCNX as potential
buy out by MCI.

And something about for every $1000 owned of HARTQ shareholders to receive 47 shares of new stock.

Now, I don't know if that is preferred stock holders or bond holders so I am calling CNBC (I sent them an email for an explanation of their news section on air called "Wireless Buyout Explosion") because their report doesn't jive with the documents filed with the SEC nor any percentages I have read anywhere.

If that were the case, date of issue price was 15.75 (est) X 47 (shares) = 740.25 valuation for every $1,000 of HARTQ. That just seems too wrong. Did anyone else see CNBC today?

Dan I am sorry about your trade; here's one: I bought ACTW in December for 2.16; it did not move by February 28 - so I sold it for 3.15 - a week later the symbol changed to UBID and it zoomed to 19.32 per share. I have only been trading since November so I am learning. If I buy - get in right after me on the sure to follow dip. And if I get all messed up because nothing is "moving" and I threaten to sell - get in quick because it is sure to go up immediately!

Easier Gone!! Take care and I'll post whatever I receive from CNBC when I get it.
Jacalyn