Final Flush Is Coming For Orchids Paper Products [Seeking Alpha]
ORCHIDS PAPER PRODUCTS (TIS)
NASDAQ:AMEX Investor Relations:
ir.orchidspaper.com
Company Research
Source: Seeking Alpha
Summary Orchids Paper Products is insolvent, and the company's worthless stock has been bandied about for several months at prices from $2.00-$4.00/share. This charade should come to an end any day now, and I believe that Orchids stock will trade back towards zero in the very near future. We covered Orchids in three previous articles over the summer, which showed how the company was losing money and what the dramatic actions of its lenders meant. Three months later, the company has used up all the time granted to it in a subsequent set of extensions expiring in September and October. Even though the stock price has moved as high as over $4.00 per share, the situation is as bad as it was back then. With Orchids' Third Quarter earnings coming up, we see no room for improvement and expect the coming 10Q to show the company remains insolvent with higher debt and accumulated losses. 1. Background Orchids Paper Products makes store brand toilet paper for large customers such as
Show less
Read more
Impact Snapshot
Event Time:
TIS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TIS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TIS alerts
High impacting ORCHIDS PAPER PRODUCTS news events
Weekly update
A roundup of the hottest topics