A Post Collection of IHUB's Greatest Hits

[kittzelle]

Bringing up old memories.

Made stacks of cash on SLBJ,RSMI.

Had a $34k on GBDX after they change symbols, never sold a share, lost it all and then some.

CSHD, had $300K paper profits. Rode it all the way from .04 to $4, then rode it all the way back down to the .001. Never sold a single share.

Lost it all. I got the stock certificates, with John Arlett as the signing CEO.

[di4]

POSTED BY: lowtrade Educational post ! GAPS & chart

Wednesday, July 14, 2010 8:51:37 PM
Re: None
Post # of 39077

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52290086


Educational post ! GAPS & chart

GAPS ! I love trading gaps !! Chart at bottom of post!

Had a PM question;
Why do gaps need to be filled?

Gaps don't need to fill, they normally do!

You have to think about what causes the gaps in price!

Emotion ! That's why you often see the term emotion gap, in books. When some news event or big guy manipulation happens, the price swings to extreme, leaving gaps in the candle pattern from the previous day close, to the next mornings open.

There are 4 types of gaps,
Common Gaps
Breakaway Gaps
Runaway Gaps
Exhaustion Gaps

Keep one thing in mind! I want to stress, my opinion on what a gap pattern looks like.

A gap is seen when the day before's close price, is lower then the next mornings open price! or vice versa (the candle body only) If you look at your trade screen, & list the previous days close & new days open, you'll note PREV&OPEN PPs, they are the numbers!

Many look at the candle chart and see the candle spikes lines touching the day before's EOD PPS or the day before's candle, has a top tail, reaching the next mornings open PPs.

Because the tales seem to cover the gap, many say there is not a gap! WRONG!!! The spike tail, could have happened any time during the day. And the candle body is the actual final or first Price in each days trading. Only use candle body.

Daily SPIKE TAILS don't count!

-------------------------
I say 90% of all gaps fill, others may say 80% or 75% or 98%. I have no way to prove this, and double anyone can! Just let it be a concessions, that gaps fill most all the time! So they are reasonably low risk trades.

Now back to the 4 types;

Common are always closed.
They occur with a one day pop, usually, and the lack of a second day continuation, shows why they fill! There is NO real emotion.

Breakaway are usually closed over time. You see them in a multiday emotion run or walkdown, where the stock price is fluxing around over several months. (trending or channeling) They normally occur during chart pattern moves. (like triangles, double bottoms & the like) And the following retail mindset returns to logic, and fills the gap with the retrace.

Runaway are often the "few" that don't fill. Or if they do, it takes so long for them to fill, you don't look back that far to see the gap fill at all! LOL The difference with these and Breakaway gaps are, these are seen in climbing stock patterns, not fluxing. Retail is continuously positive or negative in a climb or walkdown. And a huge one day emotion spike doesn't warrant a price correction, because the mindset changed completely! Basically every thing just continues, lower!

Exhaustion Gaps are rarely seen. They happen at the end of a move. And show the retail mindset has reached a enough is enough point.
Worriers have been expecting a turn too long, they have a concerned trigger finger, creating a rush out the door on the first sign of any weakness, and sell momo takes over. The next day others, which weren't worried, see this and can't decide to agree or not. The PPs swings large. Then everyone just gives up.


So, to recap;
MOST all gaps fill. They are caused by retail emotion and when emotion leaves, the long share holders, bring the stock price back to a reasonable, average new price level.

If you see a gap; expect the price to come back & correct the emotion!

Common, Breakaway, & Exhaustion gaps
Are the ones that fill most of the time.

Runaway gaps rarely fill, over a short period of time, may take months to a year or more and should not be played.

10 common gaps, 3 didn't fill (2 trend reversal gaps rarely do) So actually you can say 1 out of 10 didn't fill. This runaway gap filled fairly quick, in the 3rd month. Often needs 6 months or more.
Most all gaps fill.

[di4]

Posted by: EDWARD STEVENSON Date: Monday, July 06, 2009 8:25:49 PM
In reply to: dan888 who wrote msg# 6085 Post # of 6139 [Send a link via email]
It's amazing how much of an impact a trading session has on the atmosphere or "air" that surrounds an individual. Investors who do not understand the risk associated with trading or investing in securities have no business investing or trading whatsoever. There can never be anyone to blame in the market but oneself. As Jackson put it in one of his songs, "it starts with the man in the mirror". There is neither a lost cause nor a renewed faith in this company b/c the due diligence that has been presented by various members is nothing new. It is simply the dedication that they have for their investments. It's also called responsibility. They are aware what is going on with the company. They take the initiative to ensure that their investment is as little likely to fail as possible. There are no guarantees but making an effort to investigate and reasoning with logic, theory, etc. make all the difference. The fact that certain individuals indeed shared their findings with other members is a sign of generosity. The potential is yours to discover.

[di4]

Posted by: serfdom Date: Sunday, March 25, 2007 11:39:07 PM
In reply to: DownWithPumpers who wrote msg# 75391 Post # of 82354 [Send a link via email]
Delware - Nevada - Florida..."red flag" states lol. They don't require a shareholder vote before enacting ammendments/rule changes etc.

[di4]

Posted by: GordonGekko1982 Date: Monday, March 26, 2007 8:10:39 AM
In reply to: serfdom who wrote msg# 75393 Post # of 82354 [Send a link via email]
Serf, I don't have PM, so I hope you wont mind this:

I guess we will agree to disagree then, but lumping Delaware in with Nevada and Florida is preposterous. The fact remains that: (1) the majority of the best companies in the world are incorporated in Delaware; (2) the courts are the most well respected for corporations; (3) although there are similarities involving shareholder voting, the differences between these states is massive when it comes to shareholder rights.

Saying it is a "Red-Flag" is not only absurd, it is misleading to people who read your posts. Odds are that the ratio of Florida/Nevada POS's per good company would be somewhere around 90:1, whereas Delaware the exact opposite would be true. You would probably need to spend awhile looking up Delaware Corporation's which are scammy, while it would take seconds to compose a list of the best of the best incorporated there.

Just because shareholders do not have as much direct control on some of the aspects of amendments and bylaws in Delaware, but the remainder of the requirements are heightened in terms of good faith, fiduciary duty, and the level of specificty governing corporations, is analogous to stating: Mercedes SL McClaren's, Buick Skylark's, and older Ford Mustang's all get low MPG efficientsy - therefore, all 3 are similar, and lack reliabilty. Which states that have more stringent requirements in terms of all shareholders getting to vote would you recommend, and what are some of the company successes that you could point to as a result? The fact remains that laissez-faire remains the essential element for corporate success, and micro-management deters growth and ROI. However, Nevada is virtually the wild-west in terms of corporate governance, and the fact that there is no good faith requirement other than prohibition of fraud is the reason Nevada is a Red-Flag, while Delaware is not.

[di4]

Posted by: GordonGekko1982 Date: Monday, March 26, 2007 8:24:09 AM
In reply to: serfdom who wrote msg# 75424 Post # of 82354 [Send a link via email]
Oh for Pennys any state is red-flag lol. Trading doesn't really matter which state it's in, while investing does: but the fact that only about 1 in 10,000 Pennies is ever worth true investment means that you're better off elsewhere regardless! HOWEVER, for pennies the real difference comes down to liability: Nevada/Florida don't have D&O liability except for fraud, regardless of good faith, and if there is fraud - such as here - the government is the first lienholder. Delaware Corp's require D&O good faith, and the reason most pennies stay away is because they can't reverse split, keep the authorized, and then issue an employee "retirement plan" with the proceeds in terms of good faith. Furthermore, notice and voting is still required in most cases, unlike the states that have "surprise" reverse splits. Then again, in Pennyland, once the RS PR hits, or someone finds the filing, its a knockout punch.

[di4]

Posted by: overachiever Date: Saturday, July 26, 2008 12:44:35 PM
In reply to: waman1 who wrote msg# 19972 Post # of 75674 [Send a link via email]
I am saying that Wyoming has rules which allow for unlimited issuance of stock without notifying the shareholders. The authorized ceiling on a Wyoming corporation is unlimited.

[di4]

Posted by: paquitin0 Date: Wednesday, October 31, 2007 10:56:27 AM
In reply to: Ranzy MD who wrote msg# 542 Post # of 1535 [Send a link via email]
Please read...I think we are on to something here!!!

Tip of the Week - Reincorporating a Shell? Be Careful
Happy April to all! The season of renewal is upon us. And for shells (ok not great segue), that can sometimes mean reincorporation. Many shells are incorporated in nontraditional states due to the prior business that was in the shell. Some are in California, Texas, Florida and other places. Some manufactured shells are in Colorado, Utah, Nevada and so on.

In some of these states (such as California) there are somewhat stringent shareholder protection laws that require formal shareholder approval (and an annoying proxy process with the SEC) for things that might not otherwise require approval in most other states, including in some cases the classic reverse triangular merger that I describe in my book. In other cases, merger candidates feel being in Utah or Nevada evokes reverse mergers' shady past. In others, it is simply the desire to be in Delaware, the most business friendly state where virtually every corporate lawyer in America knows how to do business.

Thus, in more and more deals that our firm is involved with, the parties desire to reincorporate the shell, typically into Delaware. Seems simple no? Well as with many legal issues in the reverse merger world, there are tricks and traps that are too easy to fall into.

First let's talk about the mechanics of reincorporating. It's not a simple wave of a magic wand. The process actually involves a merger. Let's say your public shell was incorporated in Nevada. You incorporate a new company, let's say in Delaware. The most common approach is to initially issue 100% of the stock of the Delaware company to the Nevada company, making the public Nevada company the parent of the Delaware company.

The next step is a merger between the two. The merger generally requires approval of the shareholders of the public parent (ie a proxy process requiring a document to be approved by the SEC). Upon completion of the merger, the public Nevada company merges into the Delaware company, with the Delaware company surviving the merger. Under SEC rules it becomes the "successor issuer" and is permitted, if done right, to simply take over the public SEC reporting status of the Nevada company. In the merger, every shareholder of the Nevada company swaps their shares for new shares of the Delaware surviving company.

Under SEC Rule 145, the issuance of the Delaware shares in the merger is exempt from SEC registration, and the shares are as freely tradeable as the shares they were exchanged for. And under that same rule, the issuance of the Delaware shares to the Nevada shareholders is not deemed a "sale," which means state securities or blue sky law generally should not be applicable. Voila, you are now a Delaware public company.

When to do this? Some merger candidates want the reincorporation completed prior to a merger. This can delay things but can be particularly helpful if you are moving out of a state where the merger itself may require shareholder approval but in Delaware would not. Others wait and reincorporate after the merger.

So here are some tips if you are reincorporating:


1. Make sure it's a "pure" Rule 145 transaction. All the beauty of the SEC's approach to permitting reincorporation might go away if other things are happening at the same time. For the exemption to be available, it has to be done solely for the purpose of changing the company's "domicile," and no other purpose. If, for example, the reincorporation were a condition to a merger transaction, you might lose the exemption. Thus, either complete it before signing any binding merger agreement or after consummating the deal. It is also tempting, while seeking shareholder approval for one thing, to get approval for other things, like maybe a new option plan, for example. It's generally not a good idea as the two might be seen as being together.

2. Can you split shares as part of reincorporating? Most states seem to permit, and the SEC rules permit, a change in capitalization that is pro rata to all shareholders as part of reincorporating. Thus if you want to issue every Nevada shareholder one share of the Delaware company for every 10 shares of Nevada, that appears to be permitted (I am not an expert on Nevada and this is illustrative only), though each state you are working with should be checked. However, some states, like California, could decide to be more restrictive in this situation. If possible, try to avoid using the reincorporation as a method to effect a split.

3. Can you increase the authorized shares in a reincorporation? Since your Delaware company can have as many authorized shares as you want, there appears to be no restriction on reincorporating through a Delaware company that has many more authorized shares than your Nevada company, even if the Nevada shares are just being swapped one for one. This can be a neat way to solve a common shell problem, where not enough authorized but unissued shares are available to complete a transaction. In lieu of a split (potentially problematic as above), by increasing the authorized number of shares in the successor Delaware company, there would be enough shares to complete a merger, and a reverse split, if desired to reduce the number of outstanding shares and increase share price, can be completed after the merger. Again, it depends on your state and you need to check.

4. Is the proxy process difficult? In general, if you provide the proper disclosure and avoid some of the concerns above (don't do a split, don't do anything else at the same time, do it before signing a binding merger document), the SEC is not likely to give much attention to a proxy statement relating to a "run of the mill" reincorporation. There is much disclosure required, however, including a detailed comparison of the applicable laws of the two states in question. But there are good models out there of proxies that have met SEC approval comparing virtually every state. You can use those plus do your own research to ensure the disclosure is complete.

5. Can other SEC filings for the merger take place at the same time? What if you are changing the Board as part of a proposed transaction and, even though the merger agreement is unsigned, you want to file a Schedule 14F and mail it to shareholders (this is a required document if the majority of the board will change upon a transaction) to start the 10-day clock before you can close? One can do this and it would seem not to implicate the reincorporation, but you are probably better off being cautious and waiting until the reincorporation is totally clear before making other filings.

As always, please do not consider anything in this blog entry as legal advice. Check with your lawyer on all these things! [Note: this entry was updated on April 11 to clarify certain things.]

[di4]

Posted by: righty Date: Wednesday, December 12, 2007 11:38:16 PM
In reply to: luckydude777 who wrote msg# 249 Post # of 4682 [Send a link via email]
The federal securities laws define the term accredited investor in Rule 501 of Regulation D as:

a bank, insurance company, registered investment company, business development company, or small business investment company;

an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;

a charitable organization, corporation, or partnership with assets exceeding $5 million;

a director, executive officer, or general partner of the company selling the securities;

a business in which all the equity owners are accredited investors;

a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase;

a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or

a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes.
For more information about the SEC’s registration requirements and common exemptions, read our brochure, Q&A: Small Business & the SEC.


http://www.sec.gov/answers/accred.htm

[di4]

Posted by: Monk Date: Sunday, January 06, 2008 7:57:06 PM
In reply to: di4 who wrote msg# 326 Post # of 1524 [Send a link via email]
Di4...

I posted this recently at Wealth University...thought it may help...not that it's any of my business...

I get PM's throughout the day (nowhere near as many as you, Im sure)... where people ask me when to buy this or sell that...what does this do or how do I read that...So how much did you make on that one...

The best advice I can give is this....Become a specialist.

Think about specialist are always the highest paid in any profession...medicine, law...you name it..

So the point is...rather than trying to learn every different type of play there is...PICK ONE..Get good at it...

If you can master one type of play, who cares what this or that does as long as you know the indicators of the play you chose...

Me, I like pincher plays...one of the easiest plays there are...simple indicators - signals...

I found myself on Monday sending Geaux Fish a PM and asking him if a particular stock was a good buy at the time because the signals were confusing to me...

He replied quickly and told me what I needed to know..

I then thought about it and said to myself ..self...what are you thinking...If you are confused by this stock...whay play it...obviously I was unprepared to enter with any confidence...

Needless to say, I didn't play that stock, and rather stuck with what I know...and traded with confidence...

To sum up:

Become a specialist and trade with confidence...
We are a network that will help anyway we can...

I hope this wasn't to long and hopefully it will help some learn from my mistakes...

Monkish

[di4]

Posted by: mennypenny262 Date: Wednesday, March 12, 2008 9:37:48 PM
In reply to: None Post # of 64248 [Send a link via email]
Couple of good articles re. Knight securities:

http://www.sec.gov/news/press/2004-173.htm

http://www.stockbrokerfraudblog.com/brokerage_firms/knight_equity_markets/

[di4]

Posted by: xanadu90 Date: Friday, October 03, 2008 6:03:15 PM
In reply to: None Post # of 65437 [Send a link via email]
What does Chapter 11 and Chapter 7 mean?
Read here:

Chapter 11, Title 11, United States Code
From Wikipedia, the free encyclopedia
(Redirected from Chapter 11)
Jump to: navigation, search

Chapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States. Chapter 11 bankruptcy is available to any business, whether organized as a corporation or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, while Chapter 13 provides a reorganization process for the majority of private individuals with unsecured debts of less than $336,900.00 and secured debts of less than $1,010,650.00 as of April 1, 2007.

http://en.wikipedia.org/wiki/Chapter_11

Investopedia
http://investopedia.com/printable.asp?a=/articles/stocks/06/bankruptcy.asp

[di4]

Posted by: NorthLion Date: Wednesday, July 30, 2008 3:36:58 PM
In reply to: None Post # of 21964 [Send a link via email]
Warren Buffett's Philosophy

Warren Buffett descends from the Benjamin Graham school of value investing. Value investors look for securities with prices that are unjustifiably low based on their intrinsic worth. When discussing stocks, determining intrinsic value can be a bit tricky as there is no universally accepted way to obtain this figure. Most often intrinsic worth is estimated by analyzing a company's fundamentals. Like bargain hunters, value investors seek products that are beneficial and of high quality but underpriced. In other words, the value investor searches for stocks that he or she believes are undervalued by the market. Like the bargain hunter, the value investor tries to find those items that are valuable but not recognized as such by the majority of other buyers.

Warren Buffett takes this value investing approach to another level. Many value investors aren't supporters of the efficient market hypothesis, but they do trust that the market will eventually start to favor those quality stocks that were, for a time, undervalued. Buffett, however, doesn't think in these terms. He isn't concerned with the supply and demand intricacies of the stock market. In fact, he's not really concerned with the activities of the stock market at all. This is the implication this paraphrase of his famous quote : "In the short term the market is a popularity contest; in the long term it is a weighing machine."

He chooses stocks solely on the basis of their overall potential as a company - he looks at each as a whole. Holding these stocks as a long-term play, Buffett seeks not capital gain but ownership in quality companies extremely capable of generating earnings. When Buffett invests in a company, he isn't concerned with whether the market will eventually recognize its worth; he is concerned with how well that company can make money as a business.
__________________________________

[di4]

Posted by: 53chevy Date: Thursday, August 07, 2008 1:02:30 AM
In reply to: NorthLion who wrote msg# 11857 Post # of 21964 [Send a link via email]
Actually, the SEC has up to 30 days to respond to a Form 10 filing......so response should come next week. If they have comments, then the calendar window decreses to 7 days response from the date of the company's corrections being submitted.

Upon SEC approval (assuming the company responds "successfully" to their comments), FINRA then has up to 7 days to react (approve uplist)

The "comments" could go on several cycles, depending on the completeness of the company's answers.......

The process is not as quick as most people think.........or as MTRE had perceived

[di4]

Posted by: nellocat1 Date: Friday, August 15, 2008 6:01:44 AM
In reply to: balamidas who wrote msg# 2832 Post # of 5297 [Send a link via email]
This stock has a lot fo attention in Europe. Many people talking about it and several buying in Germany.

Today due to this attention, many from Europe will buy in the US because we dont have the four digit trading here.

So we can only trade at 0.001€ and next tick is 0.002€ etc...

And all 0.001@ shares are bought already here. The bid is 0.001 ask 0.002.... what does that mean in USD?

0,001€ is 0.00148 $ and 0.002€ is 0.00296$

That means that the next resistance should be at over or around 0.003$ ... very easy!!!

[di4]

Posted by: alexindef Date: Friday, August 15, 2008 7:51:09 PM
In reply to: A deleted message Post # of 26435 [Send a link via email]
from the TA board:

IMAGE NOT POSTING- LINK TO ORIGINAL POST:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31502884

[di4]

Posted by: alexindef Date: Friday, August 15, 2008 7:51:09 PM
In reply to: A deleted message Post # of 26435 [Send a link via email]
from the TA board:

[di4]

Posted by: alexindef Date: Friday, August 15, 2008 7:51:09 PM
In reply to: A deleted message Post # of 26435 [Send a link via email]
from the TA board:

[di4]

Posted by: tkalantzis Date: Monday, August 18, 2008 12:40:10 PM
In reply to: None Post # of 26435 [Send a link via email]
http://norris.blogs.nytimes.com/2008/08/16/has-any-penny-stock-become-a-big-company/


anybody know ?

[di4]

Posted by: Orca Date: Friday, August 22, 2008 1:45:22 AM
In reply to: None Post # of 27384 [Send a link via email]
This is an excellent audio clip for how these criminals (naked short sellers) are burned these days.

http://www.netcastdaily.com/broadcast/fsn2008-0621-3b.mp3

[di4]

Posted by: Starnes Date: Saturday, August 23, 2008 12:37:27 AM
In reply to: NorthLion who wrote msg# 12253 Post # of 21964 [Send a link via email]
Good evening NorthLion..You and I have been in here a while ( a year or over) and have the same outlook. I can make a list of things which matters to me most these days and the day to day (or week to week S/P) isn't in the top ten..

Here is my top 10

1. Is there any ties to dilutive financing? ie. Cornell involved or convertible debentures tied into stock payments.
2. Is there any "dirt" on current owners? (Is there a solid group/board involved).. Track records...etc
3. Sector involved in...
4. Share structure (including allocations to consultants), percentages held by insiders, float, accessible verification etc.
5. Are filings concise and timely. (Utmost importance).
6. Aspirations: Meaning where has planning been and what is the short, mid and long term goals..
7. Shareholder friendly..No unannounced R/S's (for personal gains.) Divis , buybacks and transparent IR is a way of life .
8. Proven "track record". (Delivery of all promised)..
9. Charting and buying sentiment.
10. Value; a measure of fundamentals(pps/earnings-P/E), with other indicators from "book value" on..

[di4]

Posted by: FuturesJackal Date: Tuesday, August 26, 2008 5:46:30 PM
In reply to: Reddog65 who wrote msg# 16286 Post # of 26435 [Send a link via email]
'Never fall in love with a stock’
By Michael Pascoe

FWIW

http://www.eurekareport.com.au/iis/iis.nsf/ak/ppGQnQ?opendocument

[di4]

Posted by: Hot Sauce #5 Date: Friday, October 03, 2008 11:25:09 PM
In reply to: danstheman9 who wrote msg# 10923 Post # of 65437 [Send a link via email]
Trade Day + 3 Days
In the United States, stocks take three days to settle. If you buy on Monday, you don't pay for the purchase until Thursday. This is known as trade day plus 3 days or T+3.

This three day settlement period is considered an extension of credit from the broker to the customer. Because the transaction is considered a credit issue, the Federal Reserve Board is responsible for the rule which is officially called Regulation T.

If a brokerage customer is approved for margin on the account there will be a line of credit to "cushion" the three day settlement period. This credit allows customers to trade while the cash settles. For accounts without margin (cash accounts), stock traders must have enough cash in the account to pay for any purchases the day they are due. A client in good faith agrees to make full payment of settled funds or deposit securities within the three day settlement period and not to sell before making such payment.


Free riding Violation
The Securities and Exchange Commission states "In a cash account, you must pay for the purchase of a stock before you can sell it. If you buy and sell a stock before paying for it, you are free riding, which violates the credit extension provisions of the Federal Reserve Board. If you free ride, your broker must freeze your account for 90 days."

If someone is trading rapidly and using all the cash available in the account to buy and sell, that person will likely get a "freeriding violation." Freeriding is subject to a mandatory 90-day cash-up-front restriction. Clients can still trade, but they lose the ability to make purchases with unsettled sale proceeds.

[di4]

Posted by: VivaLasVegas Date: Saturday, October 04, 2008 2:20:04 PM
In reply to: ~6979~ who wrote msg# 11836 Post # of 65437 [Send a link via email]
A BEGINNING EMAIL LIST for CERTAIN JOURNALISTS

[e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail], [e-mail]

[di4]

Posted by: alexindef Date: Thursday, September 11, 2008 6:16:55 PM
In reply to: windsinger who wrote msg# 759 Post # of 4711 [Send a link via email]
regdex can be in 3 different forms: 504, 505, 506.
For 505 and 506 - Company has enough space to issue restricted shares for accredited investors (my guess) with a/s 500M common and 25M preferred versus 133M o/s without any dilution

[di4]

Posted by: azco_com Date: Saturday, September 13, 2008 8:46:13 AM
In reply to: Ivegotanace who wrote msg# 904 Post # of 1103 [Send a link via email]
FYI about SEC Trading Suspensions.
Let's hope it was just a filing issue and paperwork is completed and the stock starts trading again soon.
It may be a long shot, but I have not written it off yet.


Trading Suspensions!
When the SEC Suspends Trading in a Stock
The federal securities laws allow the SEC to suspend trading in any stock for up to ten trading days. This document answers some of the typical questions we receive from investors about trading suspensions.


When can the SEC suspend a stock from trading?
When it serves the public interest and will protect investors, the SEC may suspend trading. For instance, the SEC may act when public information about a company is not current, accurate, or adequate. The SEC has acted when serious questions arose about a company's assets, operations, or other financial information.


Why couldn't the SEC forewarn me that it was about to suspend trading before I bought the security in the first place?
The SEC cannot announce that it's working on a suspension. We conduct this work confidentially to maintain our effectiveness and to guard against the destruction of evidence if our work becomes widely known. Confidentiality also protects a company and its shareholders if the SEC ultimately decides not to issue a trading suspension. Mindful of the seriousness of suspensions, the SEC moves as quickly as possible when it considers a trading suspension.


What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended?
No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.


Will trading automatically resume after ten days?
It depends on the market where the stock trades. Different rules apply in different markets.

For stocks that trade in the OTC or the over-the-counter market, trading does not automatically resume when a suspension ends. (The OTC market includes the Bulletin Board and the Pink Sheets.) Before trading can resume for OTC stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.

In contrast to OTC stocks, stocks that trade on an exchange or Nasdaq resume trading as soon as an SEC suspension ends.


If the suspended stock resumes trading, why is it trading at a much lower price?
The trading suspension may raise serious questions and cast doubts about the company in the minds of investors. While some investors may be willing to buy the company's stock, they will do so only at significantly lower prices.


Why would the SEC take such action when it knows it will hurt current shareholders?
Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when it believes the public may be making investment decisions based on false or misleading information. Suspensions give notice to current and potential investors that we have serious concerns about a company. A suspension may prevent potential investors from being victimized by a fraud.


How can I find out if the stock will trade again after a suspension?
You can contact the broker-dealer who sold you the stock or a broker-dealer who quoted the stock before the suspension. Ask the broker-dealer if it intends to resume publishing a quote in the company's stock.


If there is no market to sell my security, what can I do with my shares?
If there is no market to trade the shares, they may be worthless. You may want to contact your financial or tax adviser to determine how to treat such a loss on your tax return.

[di4]

Posted by: bowlegtroy Date: Monday, September 15, 2008 8:37:55 AM
In reply to: ERASERHEAD who wrote msg# 897 Post # of 1103 [Send a link via email]
I am reminded of Patrick Byrne again here....

In case you haven't heard of the conspiracy theory with naked short selling and how the SEC is involved, peruse this site. It's a really interesting (albeit long) place to catch up on NSS:

http://www.deepcapture.com/

[di4]

Posted by: bradakus Date: Tuesday, September 16, 2008 2:09:11 PM
In reply to: greedy__malone who wrote msg# 3467 Post # of 11330 [Send a link via email]
His most recent book demonstrates the essential visual elements of technical analysis. The fundamentals of John's approach to technical analysis illustrate that it is more important to determine where a market is going (up or down) rather than the why behind it.

http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:john_murphy_s_ten_laws#spot_the_trend_and_g

[di4]

Posted by: rambob Date: Friday, October 03, 2008 11:15:32 PM
In reply to: Globalstockadvice who wrote msg# 11573 Post # of 65437 [Send a link via email]
get an etrade account and open a Roth IRA if you dont have one. Etrade lets you avoid the first in and first out rule also. With a Roth you trade freely, online, as many times as you want with no tax consequences. Be careful, your deposit limits are limited with a Roth, only 5k a yr.

[di4]

Trading The Stock Market Online
Trading Stocks Online? Watch Out For The "Get Rich Quick" Crowd
Online Stock Trading Portal
By Thomas Sutton, RightLine Editor-in-Chief

Few people who set out to get rich quick trading stocks online actually become rich. The small group of get-rich-quickers who do make lots of money fast do it purely as a result of chance. They rarely keep their trading gains for very long.

This is because trying to get rich quick causes stock traders to take on way too much risk. This is normally done by trading with excessive margin or by investing too much money in one position. Unfortunately, people who are in a hurry to make a lot of money trading online tend not to do a good job of managing risk.

Managing trading risk involves focusing more on the potential downside of a trade or investment than the potential upside. In practical terms this means using an objective stock market trading method designed to limit drawdowns in the value of your stock portfolio.

If you do a good job of managing risk you will almost certainly make money trading the stock market over the long-term. Those who consistently ignore risk and overload the wagons in an attempt to get rich quick are guaranteed failure.

For example, most traders with a get-rich-quick mindset don't realize that if they repeatedly bet everything on trades in which the probability of success is 90% they will eventually lose everything. Sure, they look like a genius for a while, but the one out of every ten trades that happens to be a 'loser' will wipe them out.

Bottom Line: Wall Street would have you believe that there is a direct correlation between the risk you take and the return you make. That is pure Market Myth. You don't have to increase your risk to crease your return.

Stock market trading online is a type of speculation where education and skill can dramatically improve your odds of winning. Risk management is a skill. Reducing your stock market trading risk dramatically increases the odds that you will win.

Stay focused on what you need to know and what you need to do to be successful trading the stock market online. Remember that money is just a by-product of wise trading methods and actions.

http://www.rightline.net/stock-trading-online/online-stock-trading-getrich.html

[di4]

Posted by: Manti Date: Thursday, January 29, 2009 9:20:00 PM
In reply to: lombardistocks who wrote msg# 19903 Post # of 25541 [Send a link via email]
T trades:

After having watched these for several years, and researching it extensively, here is what I understand it to be:

The sec requires trades that are posted late to be marked with a "t" designation. When you see this show up, usually after hours, it is actually a trade covering a short position. Those who say it's mm's balancing their books are correct, but the way they off-handedly dismiss it as insignificant when a pump is in progress is disingenuous at best. What is being balanced is the short position taken during the trading day by the mm or someone for whom he is the agent. These most commonly occur when you have someone with a large quantity of shares selling into the retail trading float. The size and price of the t trade varies depending on how many shares they were able to short during the day, and at what price. Once the quantity and average price is known at the close of the trading day, the mm issues himself the t trade from the inventory he has been given by the selling party. The reason the shares are shorted first and then covered is because the mm doesn't know how many he'll be able to sell nor at what price until the day is done. The shares can be from a 504, private placement, formerly restricted shares, etc. It's a common P&D trick to sell shares from a pp or former restriction in this manner because they can say that the os hasn't changed, giving the false impression that there is no dilution. These trades are generally IMO a big bright RED FLAG if they show up on a stock that is being pumped or where the company is a going concern with no end in sight. The extreme oversold condition that results from the many shares being sold can result in huge bounces if you can catch the bottom. If it goes on for a long time, it results in total wipeout of shareholder equity. For an example of this, look at 10 yr chart of dnag.

[di4]

Posted by: $oldier Hard Date: Sunday, February 22, 2009 7:57:03 PM
In reply to: EDWARD STEVENSON who wrote msg# 3923 Post # of 5107 [Send a link via email]
Good point E$. Maybe an explanation of the significance of a 15c-211 filing would help.
http://www.gopublicusa.com/whatis15c211.html

[di4]

Posted by: sbbi Date: Friday, April 17, 2009 11:50:12 AM
In reply to: monda2frida who wrote msg# 47 Post # of 51 [Send a link via email]
Thanks! However this list is not complete for "non-dtc eligible" stocks. it is for "securities for which transfer agent services are no longer available". I guess it is a subset of "non-dtc eligible" stocks?

My stocks in question all have TA, but Penson told me they are not DTC eligible. :( for example NWPG..

BTW, you can call DTCC at 888-382-2721 then press 4-6-2 to talk to its Eligibility department...


thanks..

[di4]

I see you have received some great replies on this from some all star ihubbers, I am going to repost some of that here.

Posted by: monda2frida Date: Thursday, April 16, 2009 10:04:07 PM
In reply to: sbbi who wrote msg# 46 Post # of 51 [Send a link via email]
here is a list that may help you with stocks that are non-dtc eligible. i have e-mailed my broker in the past if i am not sure, but now i have pretty much given up on stocks that are barely trading. your situation is not unique, i and others have had stocks deleted from our accounts-PENSON was the main culprit, but there are others too. an issue can generally become eligible if they get a transfer agent.
Posted by: Shell King Date: Monday, January 19, 2009 10:07:06 PM
In reply to: Shell King who wrote msg# 29 Post # of 40

Well here it goes. This is a published list. I am going to go through each number and find the symbol per each cusip. That way I know which ones are in my account and could possibly disappear from my account.


http://www.dtcc.com/downloads/legal/imp_notices/2009/dtc/ope/4458-09.pdf

[sbbi]

I found seems some of my holdings are not DTC elgibile, I got charged $135 from the Zecco for selling one of them. very screwed.. Basically 2 questions:
1. How can we know if a stock is DTC elgibile?
2. how can an issue become DTC elgibile?

Thanks for sharing any info..

[di4]

Posted by: Mariner* Date: Wednesday, September 17, 2008 6:01:10 AM
In reply to: None Post # of 8450 [Send a link via email]
Wall Street Journal's Smart Money magazine

[di4]

Posted by: MARKETEDGE Date: Saturday, October 18, 2008 11:15:11 AM
In reply to: None Post # of 3305
This can be very informative for new traders/investors. This link contains free online investment related articles pertaining to small caps and pinks by Nir Dotan found on Artcilebase.com.


http://www.articlesbase.com/authors/nir-dotan/58821.htm

[di4]

Posted by: $oldier Hard Date: Saturday, November 01, 2008 6:23:36 PM
In reply to: PremierStocks who wrote msg# 6051 Post # of 8450 [Send a link via email]
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren Buffett

[di4]

[di4]

Posted by: AJAB Date: Tuesday, November 11, 2008 10:24:07 AM
In reply to: None Post # of 2182 [Send a link via email]
NEW RULE in Affect today.....

Pink OTC Markets Announces Limit Order Protection Changes
NEW YORK, NY--(Marketwire - November 11, 2008) - Pink OTC Markets Inc., the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, is pleased to announce a new Financial Regulatory Authority (FINRA) rule change effective today for limit order protection in the OTC marketplace.

Starting today, broker-dealers that handle customer limit orders in OTC equities, whether received from their own customers or from another member firm, cannot trade ahead of customer limit orders. This means that a firm cannot trade for its own account at a price equal to or better than a customer limit order without also executing the customer order.

This specialist-type obligation on OTC broker-dealers to execute customer limit orders price for price and share for share brings one of the most significant regulatory safeguards of trading exchange-listed securities to investors in the OTC market. This significant rule change will result in improved quality of executions for investors and improved OTC market efficiency.

Limit order protection will contribute substantially to transparency in the market, resulting in better and fairer executions for investors, as well as standardize the regulation of trading in listed and OTC securities. In recognition of this important advance in market structure, Pink OTC Markets is extending a free Real-Time Level 2 Quotes trial to issuers of securities in the Pink Sheets Current Information market tier for the next month. Investors using www.pinksheets.com will have access to real-time market maker quotes in order to better monitor the execution of their limit orders.

For more detailed information about the Limit Order Protection rule change: http://www.finra.org/web/groups/rules_regs/documents/rule_filing/p038831.pdf

[di4]

Things are great Claytrader :)

I like to add to this board when I see some good posts come across that others can learn from. Otherwise I am just quietly trading these days very heavily focusing on dd, charts and momo.

As a matter of fact, you've had some great video charts! I'm looking at FAS right now since you brought it to my attention. Keep the great trading ideas coming-- my account appreciates you!

[ClayTrader]

I didn't know you still posted on iHub?

Long time no talk...

How are things?

[di4]

Posted by: stervc Date: Thursday, November 20, 2008 9:00:50 AM
In reply to: shortsinthesand who wrote msg# 7937 Post # of 8450 [Send a link via email]
Sandintheshorts & All...

You are correct. A 504 filing is generally and usually not a good thing.

I ordered a REGDEX from another company last week and that REGDEX was not a 504. I must admit that usually when one is filed, it is for a 504 though.

With INCL, I took the word from a couple of people whom had gotten info from Jeff Wiebel that such was to be used for preferred shares to pay for the current board members.

Lesson learned... or maybe not because if someone whom I trust tells me something, I will believe them. Any stock that I am in that files a REGDEX, I will pay the $30 myself for now on and view it with my own eyes to see if it is a 504 or not.

Here is an example of what I was talking about:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33567166
(Not trying to spam.)

I recommend all to do such in the future with INCL or any other stock they might be in that files a REGDEX. Call Thomson Reuters Research Services at 1-800-638-8241. They will scan the REGDEX/documents for you from the SEC. They will charge you $30 to have them email you the document in PDF format that should arrive in about one hour.

Still, this INCL REGDEX was only for $25,000 from what it appears which is a far cry from the usual $1 million amounts that usually pops up. Review below:
http://freepdfhosting.com/4bd2a08ea7.pdf

v/r
Sterling

[di4]

Posted by: Chartinator Date: Sunday, January 18, 2009 8:52:32 AM
In reply to: None Post # of 10907 [Send a link via email]
Post-Analysis Serves As A Teaching Tool
BY ALAN R. ELLIOTT



Posted 1/16/2009

The new year is well under way and, if you don't already do it, it's a good time to resolve yourself to starting a review of your stock trades.

What's the point?

A review, or post-analysis, acts as a learning tool in which you study your trades and see how each one worked, or didn't work.

It also helps clarify your thinking: What did I like about this stock? What were my targets? Did I see the risks going in? It should help you correct bad trading behaviors.

A review also lets you detail your strategy as you add shares of a stock.

It's smart to keep a journal of all your trades, and use it as the basis for your post-analysis.

Game Tapes

Going back to review your trading log once or twice a year is a lot like golfers studying films of their swing. It is a means of adjusting and improving their technique.

The first trick to analyzing your trades is to provide yourself information.

The best way to do this is to print out a chart of each stock and use it as your journal. Record a stock's fundamental and technical strengths.

Jot down the stock's base pattern and how you identified your buy point.

Note your price targets and sell situations.

If you deliberated and decided to hold a stock rather than sell it, write down your reasoning. When you sell, report why and when, and say what triggered the move.

The clearer and more organized you are in your research and decision-making going into a trade, the easier it is to analyze that trade after the fact. Armed with this data, your post-analysis has the firepower to do some real good.

2008 was a tough year for even the best investors. Warren Buffett, T. Boone Pickens, Carl Icahn and casino mogul Sheldon Adelson saw their investments get hammered.

Many investors sat out a large portion of the year's dicey market.

But even if you only made a few trades, you can learn from a quick review. Don't take too much time and overanalyze.

But compare your best wins and look for similarities. Do the same with your losses, trying to figure out common faults in your trades.

Are there stocks you sold too soon, that went on to make big gains? If there was more than one, are there any similarities? What spurred you to sell?


View larger image
Remember, each stock is unique, and each buying decision has its own factors.

But the more you invest in understanding your own abilities to find, research and time your trades, the more profitable your skills will become.

Be Honest With Yourself

Be sure to be self-critical in your evaluations, or you may not get much out of the exercise.

If you strayed from proper buy and sell rules, be sure to mark yourself down for that.

For example, you may have bought a stock when the general market was in a correction. That immediately puts the odds against you.

Also note if you bought a stock that didn't measure up much in terms of being a market leader.

For each bad move you made, calculate how much money you would have saved if you had avoided the mistake. The sum may be the most persuasive teacher.

[di4]

yessir! uploading photos the way you have mentioned is also explained here

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28817890

[JC$]

I came across this info when trying to learn how to import pictures. I use the OTHER tab on top of IHUB and import them but, the way you show is cool too.

[di4]

Hey :) Look at you go! I'm glad you are benefiting from the info here. It's about time that I cleaned out my saved posts and put some new info here!

[JC$]

[JC$]

I think I got it. Cool it worked.

[william2112]

pssst...time to open up the back door and look into your yard...before you miss it ;)