Are You Stuck In NEW?

[CalScholar]

Quote from chauncey1:

do you remember a stock name "CAFE"? (which was halted for about two months before open down 60%.)

I mean, halted into the option expiration

If NEW is halted for 2 months, I'll slit someone's wrists. But not mine.

 

[JORGE]

Trading on the pink sheets under NEWC.

 

[CalScholar]

Any idea when it opened up and if it really traded at 1.01???

 

[CalScholar]

Also, how long before options begin reflecting current trading?

I'm looking for the stock to trade under $1 today.

 

[USAtrader]

Currently trading, NEWC, 1.4 last trade.

 

[JORGE]

Looks like it traded 500 shrs at 1.01 the real low looks to be around 1.2. I don't know when the options will start trading.

 

[CalScholar]

Just called 888-options again. Said the options would be trading any time now.

 

[CalScholar]

Options back in play...

 

[pumpanddumper]

Cool, I hope you made a good five figures.

 

[CalScholar]

Quote from pumpanddumper:

Cool, I hope you made a good five figures.

Not even close. Actually, not even close to what I was expecting. I closed fairly early and got 1.40. Good profit, but I was expecting 2+. Still, a good day overall, minus SNDK, which screwed me twice: once by going up against my short, and a second time by going down after I covered.