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ABSD.OB !!!

Started by evgeny05, March 27, 2007, 02:40:25 PM

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evgeny05


gambler2075

sweetness... after getting the double out of pgsw, I decided to load up 480k shares of absd this am at 0.015...

booyakasha!!!!

http://www.hotstockmarket.com/forums/showthread.php?p=1279891&posted=1#post1279891

gambler2075

Time and sales at the close. nice

ABSD Time & Sales

major end of day buying

Price Size Exch Time
0.02 5000 OBB 15:59:51
0.02 200 OBB 15:59:42
0.0195 5000 OBB 15:59:14
0.02 20000 OBB 15:59:08
0.02 25000 OBB 15:58:43
0.02 25000 OBB 15:58:15
0.02 25000 OBB 15:58:13
0.02 5000 OBB 15:58:00
0.022 10000 OBB 15:57:55
0.02 10000 OBB 15:56:41
0.0219 5000 OBB 15:55:35
0.022 5000 OBB 15:55:34
0.02 5000 OBB 15:54:33
0.02 25000 OBB 15:54:19
0.02 70000 OBB 15:54:11
0.02 12000 OBB 15:53:45
0.0195 393 OBB 15:53:28
0.0195 15000 OBB 15:53:10
0.02 20000 OBB 15:52:44
0.019 65000 OBB 15:52:29
0.019 5857 OBB 15:52:28
0.02 5857 OBB 15:52:28
0.019 10000 OBB 15:51:49
0.0186 29411 OBB 15:51:13
0.019 50000 OBB 15:51:00
0.0189 10000 OBB 15:51:00
0.0189 29000 OBB 15:51:00
0.019 50000 OBB 15:50:58
0.019 25000 OBB 15:50:24
0.018 100000 OBB 15:49:22

gambler2075

Article/analysis just out... this should get pumped tomorrow...

http://www.antandsons.com/microcapnotes.html

Atlantis Business Development Fits the Bill

Thomas J. Catino
3/27/2007 9:32 PM EST
E-mail author |  E-mail article | RSS | Link


Traders know it the instant they glance at the stock that it is "the one." In the micro cap world, that stock is the one that is drastically oversold or on the verge of completing an offering with the supply of shares hitting the open market drying up. Browsing through a list of ticker symbols earlier in the day gave us the name of a particular company that fits the bill.


Here is a little background on the company. Atlantis Business Development Corp. (OTCBB: ABSD), naturally a business development corporation, set out to issue a stock dividend to all common stock shareholders. The news was announced in mid-February as the company began moving forward to complete an agreement that would allow Nettel Holdings, Inc. to acquire a majority stake in EFTAS (Employment for the Armed Services), a subsidiary of Atlantis that helps military men and women seek civilian employment. As a result of the deal, for every two shares of Atlantis common stock owned, shareholders would receive one additional restricted share. Soon after, CEO Christopher M. Dubeau resigned effective February 26 and since that time, the company has been silent.


Coincidentally, the share price has been punished beyond belief. There could be a number of explanations here, ranging from the former executive selling his shares, to investors fed up with the lack of news, or even short sellers targeting the company before more stock hit the market due to the company's dividend. Either way, the share price fell greater than 90% in a matter of weeks. See the chart below for the downward spiral;



As of September 30, 2006, there were just 21,408,750 shares of common stock outstanding. Though we are sure that number has increased and could be on the rise (we could not get a hold of the transfer agent to verify this), the recent decline is way overdone. An indication that the stock is ready to bounce and that the selling is subsiding is that demand is starting to outweigh the supply of shares. The company did enter into an equity line of credit agreement back in 2005 and could sell additional shares, but in the immediate future, the stock is due for some upside.

labatts6254

Quote from: gambler2075 on March 27, 2007, 04:57:55 PM
sweetness... after getting the double out of pgsw, I decided to load up 480k shares of absd this am at 0.015...

booyakasha!!!!

http://www.hotstockmarket.com/forums/showthread.php?p=1279891&posted=1#post1279891

What is the potential for this one?  It's already up +37.93%.  Is it still a buy in your opinion?

Cheers,


gambler2075

Quote from: labatts6254 on March 27, 2007, 11:51:26 PM
Quote from: gambler2075 on March 27, 2007, 04:57:55 PM
sweetness... after getting the double out of pgsw, I decided to load up 480k shares of absd this am at 0.015...

booyakasha!!!!

http://www.hotstockmarket.com/forums/showthread.php?p=1279891&posted=1#post1279891

What is the potential for this one?  It's already up +37.93%.  Is it still a buy in your opinion?

Cheers,

Well, with all stocks you have risk vs. reward... but with the amount this stock is getting chatted up in articles, on other stock boards (such as Hotstockmarket, investorhub, etc etc...) it has all the makings of a huge day today. I would be very surprised if this did not gap at the open perhaps to 2.2 to 2.3 and then take off all day and have a huge day...

but youse pays youse money and youse takes youse chances... that being said, (and I am not pumping here) this stock is still waaaay oversold and is a huge buy at this point (ok, yes, I am semi pumping) but look at how this stock has been beaten down since 1$... I believe there is still alot of upside left.

Plus HDSN was off the ask (and has been there since 10c, snuffing out all hope of rallies... at about 2-3pm yesterday he retreated to a 5c ask... then the stock ran huge).

g

g

labatts6254

Quote from: gambler2075 on March 28, 2007, 05:55:24 AM
Quote from: labatts6254 on March 27, 2007, 11:51:26 PM
Quote from: gambler2075 on March 27, 2007, 04:57:55 PM
sweetness... after getting the double out of pgsw, I decided to load up 480k shares of absd this am at 0.015...

booyakasha!!!!

http://www.hotstockmarket.com/forums/showthread.php?p=1279891&posted=1#post1279891

What is the potential for this one?  It's already up +37.93%.  Is it still a buy in your opinion?

Cheers,

Well, with all stocks you have risk vs. reward... but with the amount this stock is getting chatted up in articles, on other stock boards (such as Hotstockmarket, investorhub, etc etc...) it has all the makings of a huge day today. I would be very surprised if this did not gap at the open perhaps to 2.2 to 2.3 and then take off all day and have a huge day...

but youse pays youse money and youse takes youse chances... that being said, (and I am not pumping here) this stock is still waaaay oversold and is a huge buy at this point (ok, yes, I am semi pumping) but look at how this stock has been beaten down since 1$... I believe there is still alot of upside left.

Plus HDSN was off the ask (and has been there since 10c, snuffing out all hope of rallies... at about 2-3pm yesterday he retreated to a 5c ask... then the stock ran huge).

g

g

I'm in @ 0.0235.  Good luck.

Cheers,

evgeny05

Hi
:P

Atlantis Business Development Corporation Inc. Announces Status Update on Sale of Its Subsidiary EFTAS, to Nettel Holdings, Inc.
9:30a ET February 28, 2007 (Market Wire)
Atlantis Business Development Corporation, Inc. (OTCBB: ABSD) is pleased to announce that it is rapidly moving forward to a definitive agreement to complete the deal with Nettel Holdings, Inc.

All the parties to the transaction, under which Nettel Holdings, Inc. will acquire the majority interest in the EFTAS Employment Program, have agreed to the terms outlined in the Letter of Intent, previously announced February 23, 2007.

Nettel Holdings, Inc. is a fast growing technology holding company, developing one of a kind technology solutions, which are primarily focused on the VoIP Industry. Nettel Holdings is known for turning innovative ideas into thriving companies. A public company since 2003, it is only natural for such a forward thinking technology innovator to want to help our soldiers.

EFTAS (Employment for the Armed Services) supports our military men and women, seeking civilian employment, as they return to their local communities at the conclusion of their military service. EFTAS, with the help of its broad community and business partner support, will make a difference for our soldiers.

Atlantis President and Director, Tim DeHerrera commented that, "We are pleased to have reached the agreement to move forward with Nettel Holdings, Inc. to complete the transaction in such a timely manner."

About Nettel Holdings, Inc:


poorman1

In at $.0235, looks like volume will be larger than yesterday.

Good pick, thanks.

poorman1

poorman1

On the move again... $.029. 

vivdcosta

I am in at .02 ; now at .035... Sweet ! Thanks evgeny/gambler !

gambler2075

looking good.
hold the line, boys...

still in for 5-6c...
g

evgeny05

Hi
:P :D

gambler2075

Waiting for the greedy, impatient guys on the sidelines to jump in since nobody is selling and this is not falling back down... In this situation, IMO, greed trumps everything and this should run again.

g