Koop, that is a given. I will just ride ride ride the wild surf until we get farther up the mountain....then sell wait for a pull back and re-buyOriginally Posted by Koop
Pre market bid/ask at 8:56 is .255/.26
some of you have hit a double . congrats.
beware of a morning pull back
Ya, with a Big Capital "S"
Damn It! I wish that I was awake........I will have to check the chart.....Now is a pretty fair time to get in LVLT if you can wait a few days. The financials are coming out on the 11th. .91 is Not a bad price. .80's are better, but nothing wrong with .91
lol, my inferior software says that LVLT came out at .98.........so no enchilada for me. LVLT should be getting ready to pop.
How did everybody do today?
yeah it was some weird pre-market shit going round 4 am my time. I knew it wouldnt hold but trust me it was at 1.89 lol not that you or anybody else would of been able to take advantage of it.
Treasury to unveil 'comprehensive' bank rescue plan Monday
By Ronald D. Orol
Last update: 3:57 p.m. EST Feb. 5, 2009
Comments: 85
http://www.marketwatch.com/news/stor...A}&siteid=bnbh
WASHINGTON (MarketWatch) - Treasury Secretary Timothy Geithner on Monday will release his "comprehensive plan" to revitalize the financial markets, a Treasury spokesman said Thursday. Geithner is expected to explain how Treasury will employ the second half of a $700 billion bank bailout package as well as other program to shock the financial markets out of the recession. The plan is expected to include a variation of a mortgage mitigation proposal introduced by Federal Deposit Insurance Corp. Chairwoman Sheila Bair, according to Senate Banking Committee Chairman Christopher Dodd, D-Conn. Treasury officials are considering a variety of options for use of the funds, including capital injections and the creation of a bad bank that could be used to buy illiquid mortgage securities from struggling financial institutions
U.S. stocks close with strong gains; IT and financials rally
By Kate Gibson
Last update: 4:08 p.m. EST Feb. 5, 2009
Comments: 21
NEW YORK (MarketWatch) -- U.S. stocks on Thursday ended with striking gains after a rally in information technology and financial shares led a late-morning turnaround. The Dow Jones Industrial Average....cont'd
http://www.marketwatch.com/news/stor...B}&siteid=bnbh
So what are you thinking will happen to the stock price after his plan details Monday.... I got Bac 100x @ 3.91 just for adv. down purposes but dump them back at 4.70... I still have 500 more @5.89....Its at 5.10 AH So I will have to wait and see...
Here are some headlines for LVLT maybe it will help one way or another...
Law Firm Alleges Level 3 Comm Violated Securities Laws >LVLT
Dow Jones Newswires7:11 pm February 4, 2009
(MORE TO FOLLOW) Dow Jones Newswires (201-938-5400) 02-04-09 1911ET Copyright (c) 2009 Dow Jones & Company, Inc.February 4, 2009
Level 3 Comm Faces Purported Class Action>LVLT -- Dow Jones Newswires 7:11pm
February 3, 2009
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit against Level 3 Communications, Inc. -- BusinessWire 6:37pm
January 29, 2009
Telecom Firms Seek Tax Change On Operating Losses -- Dow Jones Newswires 1:33pm
Hi Tony, good day, sir -
The News of the bailout should cause a rally. The financials are so news driven. We should know by tomorrow morning
I am going to look into this LVLT thing right now.....be back
Stull, Stull & Brody Announces Class Action on Behalf of Shareholders of Level 3 Communications, Inc.
Wednesday February 4, 7:10 pm ET
NEW YORK, NY--(MARKET WIRE)--Feb 4, 2009 -- Attorney Advertising. Notice is hereby given that a class action has been commenced in the United States District Court for the District of Colorado on behalf of purchasers of Level 3 Communications, Inc. ("Level 3" or the "Company") (NasdaqGS:LVLT - News) common stock during the period between February 8, 2007 and October 23, 2007 (the "Class Period").
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Stull, Stull & Brody has substantial experience representing employees who suffered losses from purchases of their employer's stock in their 401(k) plans. If you bought Level 3 stock through your Level 3 retirement account and have information or would like to learn more about these claims, please contact us.
The complaint charges Level 3 and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Level 3 engages in the communications business in North America and Europe. The Company's network and Internet services include transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, co-location services, and dark fiber services.
The complaint alleges that the representations contained in Level 3's press releases, SEC filings, conference calls, and presentations during the Class Period were materially false and misleading when made because they failed to disclose that: (i) the Company was experiencing problems integrating its numerous acquisitions; (ii) the Company's integration problems caused Level 3 to experience severe provisioning problems which were negatively impacting revenue growth; and (iii) as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about Level 3's business, operations and earnings prospects.
On October 23, 2007, Level 3 issued a press release announcing its financial results for the third quarter of 2007, the period ending September 30, 2007. For the quarter, the Company reported consolidated revenue of $1.061 billion. Level 3 further reported that its core communications services revenue was negatively impacted by provisioning issues. In response to the announcements, the price of Level 3 stock declined from $4.32 per share to $3.18 per share on October 24, 2007, on extremely heavy trading volume.
Plaintiff seeks to recover damages on behalf of all those who purchased or otherwise acquired Level 3 common stock during the Class Period, which is between July 21, 2008 and January 20, 2009. If you purchased or otherwise acquired Level 3 common stock during the Class Period, and either lost money on the transaction or still hold the securities, you may wish to join in the action to serve as lead plaintiff. If you purchased Level 3 common stock during the Class Period, you may request that the Court appoint you as lead plaintiff no later than April 5, 2009.
A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 40 years and has obtained court approval of substantial settlements on numerous occasions. Stull, Stull & Brody maintains offices in New York and Los Angeles.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Tzivia Brody, Esq. at Stull, Stull & Brody by e-mail at SSBNY@aol.com, by calling toll-free 1-800-337-4983, or by fax at 212/490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. You can also visit our website at www.ssbny.com.
Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.
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Blah Blah Blah....They are in court all of the time.........be back
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