NRTLQ - Nortel Networks Corp. - Page 8

well...it is halted.......are they going to re-open with a new symbol? gambler u got it?

bk filrd... end of the road eom

Halted

http://www.nasdaqtrader.com/Trader.aspx?id=Tradehalts

Reason: T2

T.2 Halt - News Released
The news has begun the dissemination process through a Regulation FD compliant method(s).

Being delisted from TSX it seems:
$ 0.115 RT -0.27 (-70.13%) Volume: 17.58 m 11:27 AM EST 14-Jan-2009



TSX Delisting Review - Nortel Networks Corporation
TORONTO, Jan. 14 /CNW/ - DELISTING REVIEW - Nortel Networks Corporation (the "Company") - TSX is reviewing the common shares of the Company (Symbol: NT) with respect to meeting the requirements for continued listing. The Company is being reviewed on an expedited basis.

I cant believe this was an $800 stock back in 2000, very sad to see it like this.

http://www.financialpost.com/news/story.html?id=1172528

Nortel files for bankruptcy protection in U.SJamie Sturgeon, Financial Post with files from Reuters
Published: Tuesday, January 13, 2009

Nortel Networks Corp, North America's biggest maker of telephone equipment, filed for bankruptcy protection on Wednesday, a day before it was due to make an interest payment of about $107-million.

Im in for some daytrade bottom playing

Someone just bought $150k worth,

0.15 1000000 11:47:16 Close
UBS Securities Canada Inc.

P.O. Box 617, BCE Place
Suite 4100
161 Bay Street
Toronto, ON
M5J 2S1
(416) 364-3293
015 Close
UBS Securities Canada Inc.

P.O. Box 617, BCE Place
Suite 4100
161 Bay Street
Toronto, ON
M5J 2S1
(416) 364-3293
015

is this trading again?

added another 5K so have a total of 65000 shares at 0.080...

this is actually trading on the canadian exchanges at 0.14 (Canadian), volume of 30M shares, so at an exchange rate of 1.23 CAD to 1 USD, it is at 0.113 cents, US.

We will see if it holds... I think there is a good shot since the canadian government said they werent actually filing for BK, just CCAA...

check out NT.TO here

http://finance.yahoo.com/q?s=nt.to

and the post on how to see NT.TO on etrade

Re: What symbol is NT trading under in US market? 16 minutes ago
On Etrade, when looking for the quote in Canada, you still use the NT symbol...however, to the right of the symbol, there is a box with an arrow...click the arrow and select CA (Canada)...that will give you the quote

How are you getting your trades in the US market? Last I see is:

t 0.075 86958 NDD 09:17:36
t 0.075 2200000 NDD 09:13:34
t 0.075 5000 NDD 09:06:13
t 0.075 1000 NDD 09:06:13
f 0.075 4500 NLS 09:00:22
f 0.075 1000 NLS 09:00:22
f 0.075 100 NLS 09:00:22
f 0.078 300 NLS 09:00:22
f 0.078 3100 NLS 09:00:22
t 0.078 1900 NLS 09:00:19
f 0.0799 4700 NSX 08:59:55
f 0.0799 7700 NSX 08:59:55
f 0.0799 3700 NSX 08:59:55
t 0.08 190400 NLS 08:59:55

There are no trades in the US market... it is trading on the toronto exchange...

yahoo is NT.TO
trading at 14 canadian cents, about 11 us cents...

g

Ah yes, I'm holding NT.TO myself.. I thought with you mentioning US that you were holding in US markets.

I'm waiting for the US markets to unhalt it for another bottom play.

There is hope in Canada, lol.

I hope so i know a lot of people in Ottawa that work there.

I worked there in 2000-2002, hell of a company, great management and great work they do. We used to have TGIF Fridays where there is free buffeet lunches and beer and taxi sheets to get you home.

.. Gone are the days. But I'm in

I tend to find that the longer the descent to bankruptcy there is, the more that has been factored in, and the more shorts have to cover... these are the plays that are likely to double or triple after bk, imo, and with this news that Canada is not calling it a 'BK' per se, I think the odds are decent here.

But as I like to say,
we will see.

g

trading at 0.10 on nrtlq.pk

so whats the deal with nt?

lol.. broooother, read the last page.