3StocksOnFire — US Stock Trading Community · 451+ trades · 257% returns · 15,000 members · Main Site · Trader's Guide · Articles · Video Analyses
3 Stocks On Fire
3StocksOnFire Community Forum
Home Message Boards Trader's Guide Articles Video Analysis About Us Search Register

News:

Welcome to 3StocksOnFire! US stock trading community (2005-2010) with 451+ documented trades and 15,000+ members. View Portfolios | Stock Articles | Quotes

Main Menu

PRGX

Started by cc1120, November 28, 2005, 01:11:35 PM

Previous topic - Next topic

brucey

Hi,cc
Finally closed @0.60,so I'll keep my position.
Will see tomorrow.

cc1120

12/20/2005  13:22  PST

Good luck to you Brucey and all Prgx bagholders !

cc.

stocks2watch2

PRGX.....Is breaking out. Could we finally be getting the good news? :)

gielda2003

Hope so :)
It's been accumulating at $0.59-0.60 for a few days already.
GLTA,
Gielda

cc1120

12/21/2005   11:26 PST

It's a very good sign for Prgx now, I believe the great news will be out very soon.

GLTA

gielda2003

News. The one we are waiting for is still to come!

Form 8-K for PRG SCHULTZ INTERNATIONAL INC

21-Dec-2005

Entry into Material Agreement, Change in Directors or Principal Off


ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On December 15, 2005, the Compensation Committee of the Board of Directors of PRG-Schultz International, Inc. (the "Company") authorized the immediate vesting of all outstanding unvested time vesting options that have option prices that are out of the money as of such date (the "underwater" stock options). This action accelerated the vesting of 2,355,116 options of the 10,861,918 options outstanding as of November 30, 2005. The accelerated options have option prices that range from $3.16 per share to $17.25 per share and a weighted average option price per share of $4.97. The optionees whose options were accelerated included (among others) the non-executive Chairman of the Board, David Cole (150,000 options) and the following executive officers: James McCurry (500,000 options), James Moylan (375,000 options) and James Benjamin (75,000 options).

The Board's decision to accelerate the vesting of these "underwater" stock options was made primarily to avoid recognizing compensation expense associated with these stock options in future financial statements upon the Company's adoption of Statement of SFAS No. 123R, "Share Based Payment."

There are no previously unreported material relationships with any of the foregoing executive officers or directors of the Company.



ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

On December 20, 2005, the Company's principal accounting officer, Michael D. Picchi, resigned effective February 3, 2006 as Senior Vice President - Finance and Corporate Controller to accept a senior finance position with another company.

http://biz.yahoo.com/e/051221/prgx8-k.html

GLTA,
Gielda

Kublakhan

Once again, not the news we are looking forward to. 

AM news about the loan, please?

cc1120

12/21/2005  18:18  PST

All right, folks !

All Prgx bagholders should  get up early tomorrow morning,and line up @ 5:00 am PST or
8:00 am EST.watch Prgx running up again @ pre-market.
I believe the deal is done today, no more extension this time  and some people knew it already ,so they started buying this afternoon.

See u @ pre-market tomorrow morning.

GLTA

cc.

Terliso

#98
Crossed your finger... if this thing goes up (smile) :)
If price goes down (forget the stock) goodluck!!! ;)

By the way, CC120 are you one of bagholders of PRGX?

gielda2003

cc,
I believe you are right. Looking at today's action, heavy accumulation at $0.59 to $0.60, and the EOD rally to $0.71 show a glimse of a great things to come.
Hopefully, tomorrow morning we will get THE NEWS, and hope it's a GOOD ONE ;)
GLTA,
Gielda PRGX bagholder.

cc1120

12/21/2005   20:08  PST

Hi Tellisa,

Thanks for the charts you post, it looks really good.
you asked me if I 'm one of the Prgx bagholders?
You'd better read my post.
All I can tell you now is :
Prgx is my first pick in 3 stocks on fire and the day when I received the 3 stocks on fire T-shirt
on November 30,2005 I made 150% profit from Prgx already. I bought it before Turkey Day
and sold it @1.11  ;D

I believe we could gain more from Prgx in the next couple of days.

GLTA PRGXBAGHOLDERS


cc1120

12/21/2005  20:16  PST

Hi Gielda,

I believe we are on the winning track already !

See u @ pre-market tomorrow.

GLTY

cc

cc1120

12/22/2005   5:52  PST

Morning all,

Watching Prgx flying again today!



PRGX BAGHOLDER

cc

peter333

Still no news, how do you  guys think?

cc1120

12/22/2005  6:10  PST

Be patient!

GLTA