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What are you talkng about? Are you serious? You think you are the only one who got killed on KSQR? You make one bad pick and are not willing to take responsibility for it? Give me a break.
I never and I mean never post on Yahoo boards or Google boards etc...man up and admit you made a bad pick. Trying to single people out is childish.
If you want, I'll send you the saved e-mails from the group that felt that KSQR was YOUR little ATM at our expense.....
Man oh man....Live and learn. GLTY.
Oh, please don't threaten me again. I'll thank you in advance for that.
no i think its great thanks for the share bro!
It's a junior mining company, what do you expect, superb revenues?
Junior exploration & mining companies don't have any, they raise money via private placements, acquire properties and dig holes until some bigger company acquires'em or until they become a self-sustaining mining company, which usually does take a lot of time and cash.
I think it really is a great company and you should load the truck up totally! Pumper!
Mine pick? Take a look at YGDC please. It's nearly unheard of and they own a pretty neat chunk of land with minerals worth $1.6B if estimates are correct.
SEC Charges State of New Jersey for Fraudulent Municipal Bond Offerings
FOR IMMEDIATE RELEASE
2010-152
High-Res Photo
View high-resolution photo of Robert Khuzami, Director, SEC Enforcement Division
“The State of New Jersey didn't give its municipal investors a fair shake, withholding and misrepresenting pertinent information about its financial situation.”
Robert Khuzami
Director
SEC Enforcement Division
Washington, D.C., Aug. 18, 2010 — The Securities and Exchange Commission today charged the State of New Jersey with securities fraud for misrepresenting and failing to disclose to investors in billions of dollars worth of municipal bond offerings that it was underfunding the state's two largest pension plans.
Additional Materials
* SEC Order Against State of New Jersey
According to the SEC's order, New Jersey offered and sold more than $26 billion worth of municipal bonds in 79 offerings between August 2001 and April 2007. The offering documents for these securities created the false impression that the Teachers' Pension and Annuity Fund (TPAF) and the Public Employees' Retirement System (PERS) were being adequately funded, masking the fact that New Jersey was unable to make contributions to TPAF and PERS without raising taxes, cutting other services or otherwise affecting its budget. As a result, investors were not provided adequate information to evaluate the state's ability to fund the pensions or assess their impact on the state's financial condition.
New Jersey is the first state ever charged by the SEC for violations of the federal securities laws. New Jersey agreed to settle the case without admitting or denying the SEC's findings.
"All issuers of municipal securities, including states, are obligated to provide investors with the information necessary to evaluate material risks," said Robert Khuzami, Director of the SEC's Division of Enforcement. "The State of New Jersey didn't give its municipal investors a fair shake, withholding and misrepresenting pertinent information about its financial situation."
Elaine C. Greenberg, Chief of the SEC's Municipal Securities and Public Pensions Unit, added, "Issuers of municipal bonds must be held accountable when they seek to borrow the public's money using offering documents containing false and misleading information. New Jersey hid its financial challenges from the very people who are most concerned about the state's financial health when investing in its future."
The SEC's order finds that New Jersey made material misrepresentations and omissions about the underfunding of TPAF and PERS in such bond disclosure documents as preliminary official statements, official statements, and continuing disclosures. Among New Jersey's material misrepresentations and omissions:
* Failed to disclose and misrepresented information about legislation adopted in 2001 that increased retirement benefits for employees and retirees enrolled in TPAF and PERS.
* Failed to disclose and misrepresented information about special Benefit Enhancement Funds (BEFs) created by the 2001 legislation initially intended to fund the costs associated with the increased benefits.
* Failed to disclose and misrepresented information about the state's use of the BEFs as part of a five-year "phase-in plan" to begin making contributions to TPAF and PERS.
* Failed to disclose and misrepresented information about the state's alteration and eventual abandonment of the five-year phase-in plan.
The SEC's order further finds that New Jersey failed to provide certain present and historical financial information regarding its pension funding in bond disclosure documents. The state was aware of the underfunding of TPAF and PERS and the potential effects of the underfunding. Furthermore, the state had no written policies or procedures about the review or update of the bond offering documents and the state did not provide training to its employees about the state's disclosure obligations under accounting standards or the federal securities laws. Due to this lack of disclosure training and inadequate procedures for the drafting and review of bond disclosure documents, the state made material misrepresentations to investors and failed to disclose material information regarding TPAF and PERS in bond offering documents.
The SEC's order requires the State of New Jersey to cease and desist from committing or causing any violations and any future violations of Sections 17(a)(2) and 17(a)(3) of the Securities Act of 1933. New Jersey consented to the issuance of the order without admitting or denying the findings. In determining to accept New Jersey's offer to settle this matter, the Commission considered the cooperation afforded the SEC's staff during the investigation and certain remedial acts taken by the state.
Mary P. Hansen and Suzanne C. Abt in the SEC's Philadelphia Regional Office conducted the SEC's investigation in this matter.
# # #
For more information about this enforcement action, contact:
SEC's Philadelphia Regional Office — (215) 597-3100
* Elaine C. Greenberg — Chief, Municipal Securities and Public Pensions Unit and Associate Regional Director
* Daniel Hawke, Regional Director
* Mary P. Hansen, Assistant Regional Director
http://www.sec.gov/news/press/2010/2010-152.htm
IFMX Huge Day. Welcome Back to Penny Land!! http://tiny.cc/5hdev What Nice Big Green Candle You Have! Just got started. Breakout Warning!
IFMX going places!
I agree Ace. This one is ripe for the pickin now ! Should be a fun week !
IFMX sey for huge run as the 10DMA is set to cross the 200DMA completely on Monday.
Strong hands here, many more bags expected!
IFSL http://tiny.cc/sebkr "Huge Breakout Watch" Very Nice bounce on Friday in last 30 minutes of Trading. Watch the open Monday for Kaboom!!
HBWO http://tiny.cc/7o5q5 She's Going!!! Be There Monday!!
Good morning Happy Friday the 13th
Good Morning Nothing, Happy Friday the 13th
Good morning SlowRide
Awesome day bro!!!! Looking for a lot more tomorrow!!!!!
RELM ~ HBWO ~ ETAR ~ ACDU ~ Power Hour Breakout Watch!!! Power Hour Starts in 10 Minutes!!!
Indeed, HBWO up up
What's Up Nothing! HBWO Starting to move again. Would like to pass HOD. Looks like it has a chance to run.
HBWO, great morning. looking for afternoon second leg.
RELM up 20% 1 left before .0007 Wont be staying in the trip 000's much longer.
HBWO Breaking out. Grab the dips. News http://hotstockcafe.com/blog/hbwo Watch for a huge bounce!
GM ACE, on AVLS, I could not agree more....today could be GO day.
EXACTLY, and when volume hits, she is gonna go up since nothing is out there =]
AVLS
GM the float is so small I think it is or soon to be locked!
morning Ace! FLD on AVLS, one of the easier ones to do it to!
I'm now on Skpye hit me up Ace_ventura777
Liking Beer stocks tomorrow too!
Yes, this one has been on my watch list. Good internals. Lot of future promise.
Take a look at $AVLS could go huge, the just got current, wish to uplist, own lots of property interest is growing, MM's 3 days in row paint it down at the close on super small amounts.
Float 3M looks like it could be a FLD play, with news could go.
They also released news of having audited financials and moving to the OTCBB.
The filed a serious of financial posting to pink sheets to become current in one of the this is what they state about the shares:
Item VI The number of shares or total amount of the securities outstanding for each
class of securities authorized.
1. Common: Provided below is information below for each class of securities authorized
(i) as of the end of the issuer
’s most recent fiscal quarter and (ii) as of the end of the
issuer
’s last two fiscal years. (See footnotes following same.)
1. Period end date:
March 31, 2010
2. Number of shares authorized: 100000000
3. Number of shares outstanding: 3069648
4. Freely tradable shares (public float): 3069648
5. Total number of beneficial shareholders: 159
6. Total number of shareholders of record: 159
$ACDU tested the 50DMA today as the HOD was .042 the 50DMA is .041 closed at .039 very bullish and getting stronger.
$VCTY had a heck of an exciting day as it had some big profit taking then made huge bounce back up to close at a nice gain, very bullish!
$AVLS looks like a FLD with its tiny float, buzz is building as with news and a FLD, this could go huge!
Lock down baby buzzzzing hard!
AVLS looks to be a FLD to me, looks like it goes tomorrow.
Thanks MM107...I spaced where I got the 3.07 MILLION float on AVLS.
Well actually RO, the T/A will give the O/S, not what is actually deposited on AVLS...
"Additionally, the Company has acquired a current DTCC Security Position Report this morning showing 3,069,648 shares in the public float. After a meeting held on Monday of this week, Advanced Lighting Solutions board of directors has voted and confirmed not to raise the authorized amount of shares in its domicile." The current DTCC report can be found on the companys website located at http://advancedlightingsolutions.biz "
PR PR on Pinksheets.com
With only 3 MILLION in the float, AVLS is a real candidate for an FLD. No BS on that number. Call the TA to verify, they are ungagged.
Totally In To Stocks
DAILY BUZZ PICKS -- DAILY MOVERS -- WEEKLY AND LONG TERM PICKS -- RUMOR AND NEWS PICKS -- MOMENTUM PICKS -- NO PUMPING OR BASHING
Looking to network with other Traders and have a space for us to share trading ideas and trading plan. Stocks we like are low floaters with real news pending, real companies. We also like news and bounce plays. Let's keep it green and share our trading ideas!
Lets keep it green, slap the ask, and no bid whacking.
Rules
1. Plan your trade to include entry and exit points
2. Never fall in love with a stock.
2. Take profits
3. Slap the ask
4. The trend is your friend.
5. A stop loss should be part of your trading plan.
6. Buy the dips and sell the rips.
7. Never chase a stock up, if its running to fast let it go there be more trades.
8. Learn the difference between a trade and an investment.
9. Study your stock pic and learn its moves
10. TAKE PROFITS!!!
***Current Picks Updated Daily*** ***Recent Winning Picks Updated Daily***
Current Holdings | ||
HFBG | 2-Aug | 0.0004 |
RELM | 4-Aug | 0.0006 |
MFLI | 4-Aug | 0.0142 |
TMTP | 5-Aug | 0.0012 |
RMDT | 5-Aug | 0.017 |
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