Owens Corning Inc (OC) News

$onci is going to be cooking something today

$onci is going to be cooking something today

nailed it! do I hear 39...

Just a bit mo! 60% dough ray me! only took 2 months! 60 t0 50 yowwwza

soup yeeeet?

oc ,, cc rider! come to popa

e z $

looking to c this at 50 , soon!

cool, take puts jan , feb march.. think well c at least a 15 - 20% drop from here... bold statement...yeah...phone screens

My father had 10,000 shares of this he bought at .25 cents, but had to sell at .30 cents when the plant closed he was working at (Hyster). We all wish we had held on. Just stopped in here to say hello!

Owens Corning $OC 5yr DCF valuation implies nice upside before earnings Wednesday:

DCF Valuation

Interesting gains for the roofing maker.

Trueheart

<<< $OC Links! >>> ~ MAC's Quick DD Links without the charts.




PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/OC


OTC Markets Company Info ~ http://www.otcmarkets.com/stock/OC/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/OC/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/OC/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/OC/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/OC/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/OC/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/OC/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/OC/research


Google Finance Summary ~ http://www.google.com/finance?q=OC
Google Finance News ~ http://www.google.com/finance/company_news?q=OC
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=OC
Google Finance Financials ~ http://www.google.com/finance?q=OC&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=OC
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=OC&histperiod=weekly#


Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=OC+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=OC+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=OC+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=OC
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=OC+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=OC+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/OC
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/OC
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=OC+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=OC+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=OC+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=OC+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=OC+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=OC+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=OC+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=OC+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=OC+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=OC+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=OC+Cash+Flow&annual


FINVIZ ~ http://finviz.com/quote.ashx?t=OC&ty=c&ta=0&p=d


Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=OC
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=OC
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=OC
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=OC
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=OC
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=OC&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260


CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=OC&exchange=US


Barchart Quote ~ http://barchart.com/quotes/stocks/OC?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/OC
Barchart Options Quotes ~ http://barchart.com/options/stocks/OC
Barchart Technical Chart ~ http://barchart.com/charts/stocks/OC&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/OC&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/OC
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=OC
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/OC
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/OC
Barchart News Headlines ~ http://barchart.com/news/stocks/OC
Barchart Profile ~ http://barchart.com/profile//OC
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=OC&view=key_statistics


OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=OC&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=OC&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=OC&MarketTicker=NYSE&Typ=S


Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/OC/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/OC/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/OC/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/OC/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/OC
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/OC/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/OC/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/OC/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/OC/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/OC/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/OC/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=OC&sid=1795093&framed=False


The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=OC


Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=OC


StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=OC&num1=567&cobrand=&mode=stock


StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=OC
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=OC


AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=OC&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8


Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=OC.PK&WTmodLOC=C4-Officers-5


StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=OC®ion=U


Search NASDAQ ~ http://www.nasdaq.com/symbol/OC
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/OC/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/OC/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/OC/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=OC&selected=OC
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=OC&selected=OC
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/OC/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/OC/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/OC/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/OC/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/OC/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/OC/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/OC/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/OC/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/OC/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/OC/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/OC/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/OC/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/OC/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/OC/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=OC&selected=OC
NASDAQ Financials ~ http://www.nasdaq.com/symbol/OC/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/OC/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/OC/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/OC/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/OC/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/OC/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/OC/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/OC/insider-trades/sells


The Motley Fool ~ http://caps.fool.com/Ticker/OC.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/OC/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/OC/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/OC/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/OC/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/OC/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/OC/Statements.aspx?source=icasittab0000009


MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=OC


YCharts ~ http://ycharts.com/companies/OC
YCharts Performance ~ http://ycharts.com/companies/OC/performance
YCharts Dashboard ~ http://ycharts.com/companies/OC/dashboard


InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=OC&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=OC&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=OC&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=OC


Zacks Quote ~ http://www.zacks.com/stock/quote/OC
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=OC
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=OC


Knobias ~ http://knobias.10kwizard.com/files.php?sym=OC


StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=OC


Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/OC/HOT_TOPIC.html


Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=OC&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=OC®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=OC®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=OC®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=OC®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=OC®ion=USA&culture=en-us


CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=OC


TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=OC


OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=OC&searcharea=e&image1.x=0&image1.y=0


Insidercow ~ http://www.insidercow.com/history/company.jsp?company=OC&B1=Search%21


Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=OC
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=OC&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null


YouTube Symbol Search ~ http://www.youtube.com/results?search_query=OC


Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=OC


Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=OC


Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=OC

Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=OC
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=OC

Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=OC

Investorpoint ~ http://www.investorpoint.com/ enter "OC" and click search.

Hotstocked ~ http://www.hotstocked.com/ enter "OC" and click search.

Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=OC

Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=OC

DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=OC

SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=OC

OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=OC

Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "OC" and click search.

http://www.coordinatedlegal.com/SecretaryOfState.html

http://regsho.finra.org/regsho-Index.html

http://www.shortsqueeze.com/?symbol=OC&submit=Short+Quote%99



DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=OC
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=OC
Check those searches for recent OC mentions. If OC is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS



MACDlinks

~ Wednesday! $OC ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $OC ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=OC&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=OC&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=OC
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=OC#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=OC+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=OC
Finviz: http://finviz.com/quote.ashx?t=OC
~ BusyStock: http://busystock.com/i.php?s=OC&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=OC >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

~ Wednesday! $OC ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $OC ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=OC&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=OC&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=OC
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=OC#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=OC+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=OC
Finviz: http://finviz.com/quote.ashx?t=OC
~ BusyStock: http://busystock.com/i.php?s=OC&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=OC >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

Owens Corning is a producer of glass fiber reinforcements and other materials for composites and of residential and commercial building materials. The Company’s products range from glass fiber used to reinforce composite materials for transportation, electronics, marine, infrastructure, wind-energy and other markets to insulation and roofing for residential, commercial and industrial applications. It operates in two business segments: Composites, which includes its reinforcements and downstream businesses; and building materials, which includes its insulation, roofing, and other businesses. During the year ended December 31, 2010, the Company’s composites and building materials segments accounted for approximately 37% and 63% of its total segment net sales. On December 31, 2010, the Company sold Masonry Products to Boral Industries Ltd. (Boral).

http://www.google.com/finance?q=OC

Please change the quote link to symbol OC

OWEN-NEWS-OUT of BANKRUPTCY-Owens Corning Emerges From Chapter 11

Owens Corning Emerges From Chapter 11

Tuesday October 31, 11:07 am ET
Emerges in Strong Operational and Financial Position Begins Payment to Asbestos Claimants and Creditors


TOLEDO, Ohio, Oct. 31 /PRNewswire-FirstCall/ -- Owens Corning (OTC Bulletin Board: OWENQ.OB - News; NYSE: OC-WI - News) announced that its Plan of Reorganization became effective today, marking the company's emergence from Chapter 11.
ADVERTISEMENT


"This is an exciting day for Owens Corning," said Dave Brown, president and chief executive officer. "We have met the commitments that we made to our creditors and asbestos claimants at the start of this process. We are grateful for the loyalty of our customers and suppliers, the support of our communities, and the hard work and dedication of Owens Corning's employees; we couldn't have done it without them."

Owens Corning's Plan of Reorganization is the result of an agreement the company reached in May with key creditors groups. Owens Corning's creditors and shareholders, including asbestos, bondholder and trade creditor classes, as well as bank debt holders, overwhelmingly supported this plan. Owens Corning will immediately begin the process of making distributions to its financial creditors and to a 524(g) trust that will forever resolve the company's current and future asbestos liability. The full Plan of Reorganization and related Disclosure Statement are available at www.ocplan.com.

"We are emerging from Chapter 11 in a strong operational and financial position," said Mr. Brown. "During the past six years, we have continued to grow our businesses around the world and have strengthened our financial performance. We are pleased to be emerging as an investment-grade company."

Owens Corning's exit financing will come from a combination of new equity and new debt financing.

About Owens Corning

Owens Corning is a world leader in building materials systems and composite solutions. A Fortune 500 company for more than 50 years, Owens Corning people redefine what is possible each day to deliver high-quality products and services ranging from insulation, roofing, siding and stone, to glass composite materials used in transportation, electronics, telecommunications and other high-performance applications. Since the company's founding in 1938, Owens Corning has become a market-leading innovator of glass fiber technology with sales of $6.3 billion in 2005 and 20,000 employees in 26 countries. Additional information is available at http://www.owenscorning.com.

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in these statements. Further information on factors that could affect the company's financial and other results is included in the company's Forms 10-Q and 10-K, filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: Owens Corning

Running on news..... .067 -.79 could go multi bags or multi bagholders....use caution

that is worthless - unless the new ticker goes to a certain value... its a 7 year LT Call after the date of switching... one contract per 10 shares or somethin

I am NOT sure what that really means ...

A long term call play ?

You mean it might be worth more, it might be worth less ???

I am more concerned with it being worthless as OWENQ

I used to own OWC or whatever it was back when, I sold for a profit back then ... but I am weary of "bankruptcy protected" ownership

It become a long term option. its a long call play ... hmmm

What will happen to this OWENQ holding when the stock is re-listed and new share name and price comes about ????

Will it be worth ...1 dollar, 4 dollars, 8 dollars or Zero ?

Time to buy buy buy!!!!

okay, what up with that 8K? I need an interpreter...

Existing holders of Owens Corning common stock (which will be cancelled upon emergence) will receive warrants to purchase 5 percent of the fully diluted shares of the reorganized company, assuming exercise of all warrants but ignoring management options, at an exercise price of $45.25 per share. The warrants can be exercised within seven years of the effective date.

Whatever the heck it means.. I think this is what you get, but I may be wrong.

how many warrants do we get¡¿

IPRE still running wild -- almost 1 BILLION SHARES TRADED TODAY- Granted , it's a penny stock, but that's still outragous!

Those day-traders taking in some profits, might almost be worth a shot to get in around $1.30 range if it gets there

Can't private reply - Just using the free service and it doesn't allow me to send private - but I will keep in touch on OWENQ board - looks like me and you are the only posters anyway!

Get em NOW!!!!
WILMINGTON, Del. (Dow Jones)--Owens Corning (OWENQ) said Wednesday that it reached a deal with its major creditors to rewrite its Chapter 11 plan and get out of bankruptcy.

Norman Pernick, attorney for the Toledo, Ohio, maker of building materials, announced the outlines of the broad-ranging pact at a court hearing in Pittsburgh.

Banks, bondholders and even official representatives of existing shareholders are on board with the deal, Pernick said.

Owens Corning will have to rewrite its plan to incorporate the deal, which includes a new equity commitment.


(MORE TO FOLLOW) Dow Jones Newswires

05-10-06 1142ET

Copyright (c) 2006 Dow Jones & Company, Inc.

DJ Owens Corning Reaches Deal On Consensual Ch 11 Plan -2-


Existing shareholders, who were supposed to receive nothing under the Chapter 11 scheme that Owens Corning filed last Dec. 31, will get warrants to buy up to 5% of the stock in the reorganized company, Pernick said.

The strike price on the shareholder warrants will be $45.25 a share, and shareholders will have up to seven years to decide if they want to exercise them.

Most of Owens Corning, however, will be in the hands of bondholders, trade creditors and asbestos creditors, under the revised plan outlined in court.

The company has been in bankruptcy since Oct. 5, 2000, and is aiming to get out by this Oct. 30, Pernick said.


(MORE TO FOLLOW) Dow Jones Newswires

yeah it hurts sometimes. good luck to you in the future. looks like you know how to pick them private message me anytime and fill me in on your picks see ya, T.J.

I read the restructure plan which was calling for a delisting of this stock and reissuance after bankruptcy. Did something change?? This is a rocket today, to bad I dumped this a few weeks back for a wash stupid me!

I'm a complete idiot !!! Set my limit order at .85 yesterday and went to work, figured it would get filled the way it was heading down in the early part of the day. Just like IPRE - Had a buy order in @ .0003 on Monday - just missed getting filled - now it's at .0033 !! $1200 investment would be worth over $10 k !!! I'm a moron -- Good Luck, don't think I'll be buying after this run up !!!

nice call buddy.. i almost bought more yesterday but didn't average down. I'm loving this ride

Order in @ .85 today - 5k shares Lets hope this is near the bottom !!!!!

Good luck to all who are in. It should be a good summer.