Fortune Market Media Inc. (fka FTMK)

[CBGB]

Oh we had a pr on this today? Coulda fooled me.

[$hellKing]

Trade Date:
Thursday, November 29, 2007 File Creation Timestamp:
11/29/2007 11:00:05 PM

--------------------------------------------------------------------------------

Threshold Security List - Thursday, November 29, 2007

Symbol
Security Name Market
Category
Reg SHO Threshold Flag
Rule 3210

ABVG ABV GOLD INC COM STK u Y N
ACEN AC Energy Inc. Common Stock u Y N
AGFMF AGF MANAGEMENT LTD u N Y
AHHAP ACCREDITED MTG LN REIT TR PREF u N Y
AHMIQ AMERICAN HOME MTG INVESTMENT C u Y N
AIRI Air Industries Group, Inc. Com U Y N
AITXE AIRTRAX INC U Y N
AIVN AMERICAN INTL VENTURES INC U Y N
AKNS Akeena Solar, Inc. (DE) Common S Y N
ALAWP ALABAMA POWER CO Non Cumulativ u Y N
AMCN AIRMEDIA GROUP INC SPONSORED A G Y N
ANPG Anpath Group, Inc. Common Stoc U Y N
ARGA Auriga Laboratories, Inc. Comm U Y N
ARTE ARTES MEDICAL, INC COM G Y N
ASFI ASTA FUNDING INC Q Y N
ASMI ASM INTERNATL N.V Q Y N
ASVI A S V INC Q Y N
AULO Aurelio Resource Corporation C U Y N
AURC Aurus Corp. Common Stock u Y N
AWEC Ameriwest Energy Corp. Common U Y N
AWYI ARIEL WAY, INC U Y N
BBRRF BRETT RESOURCES INC u N Y
BFLDY BENFIELD GROUP LTD UNSPONSORED u Y N
BHIP NATURAL HEALTH TRENDS CORP NEW G Y N
BIDZ Bidz.com, Inc. Common Stock S Y N
BJGP BEIJING MED-PHARM CORPORATION G Y N
BPAX BIOSANTE PHARMACEUTICALS INC G Y N
BPMA Benda Pharmaceutical, Inc. Com U Y N
BRCRW Brooke Credit Corporation Warr U Y N
BRLC SYNTAX-BRILLIAN CORPORATION G Y N
BSPE Blacksands Petroleum, Inc. Com U Y N
BUNM BURNED MEDIA LTD u Y N
BWLD BUFFALO WILD WINGS INC Q Y N
CAST ChinaCast Education Corporatio G Y N
CBLI CLEVELAND BIOLABS INC COM STK G Y N
CCBG CAPITAL CITY BK GROUP INC Q Y N
CCJMF COALCORP MNG INC COM NEW (CANA u N Y
CCRT COMPUCREDIT CORP Q Y N
CCTC Clean Coal Technologies, Inc. u N Y
CCZMP COMCAST HLDGS INC ZERO PREM OP u N Y
CESDY Companhia Energetica de Sao Pa u N Y
CGRB Cougar Biotechnology, Inc. Com U Y N
CHVC CHINA VOICE HOLDING CORP COM u N Y
CHXMF CASH MINERALS LTD u N Y
CINT CRYSTAL INTL TRAVEL GROUP COM u Y N
CLAY CLAYTON HOLDINGS INC COM STK G Y N
CLSCE COBALIS CORPORATION NEW U Y N
CMKT CAPITAL MARKETS TECHNOLOGIES I u Y N
COBN CONTINENTAL BEVERAGE & NUTRITI u Y N
CONN CONNS INC Q Y N
CORS CORUS BANKSHARES INC Q Y N
CRASY CLARINS SA SPONS ADR u N Y
CREE CREE INC Q Y N
CSCA CHARDAN SOUTH CHINA ACQUISITIO U Y N
CSIQ CANADIAN SOLAR INC. COM G Y N
CSUN CHINA SUNERGY CO LTD ADS (CAYM G Y N
CTBG COIL TUBING TECHNOLOGY INC u Y N
CTIC CELL THERAPEUTICS, INC. COM G Y N
CTPCY CITIC PACIFIC LTD SPONS ADR u N Y
CXTI CHINA EXPERT TECHNOLOGY INC u Y N
CYOS CYOP SYSYTEMS INTL INC NEW u Y N
DCFF Diet Coffee, Inc. Common Stock U Y N
DFC DELTA FINANCIAL CORPORATION G Y N
DHOM DOMINION HOMES INC G Y N
DNAG DNAPRINT GENOMICS INC. NEW U Y N
DNDN DENDREON CORPORATION G Y N
DRRAQ DURA AUTOMOTIVE SYSTEMS INC u Y N
DWAHY DAIWA HOUSE INDUSTRY LTD ADR u N Y
DYTB Daytonabrands Inc Common Stock u Y N
EADSY European Aeronautic Defence An u N Y
ECUXF ECU SILVER MINING INC u N Y
EERG ETERNAL ENERGY CORP U Y N
ELRFF EASTERN PLATINUM LTD ORD SHS ( u N Y
ENER ENERGY CONVERSION DEVICES INC Q Y N
EORIF Enhanced Oil Resources Inc. Or u N Y
ESVIF ENSIGN ENERGY SERVICES INC. u N Y
ETLS ETOTALSOURCE INC U Y N
ETRUF ETRUSCAN RESOURCES INC (F) u N Y
EVOGF EVOLVING GOLD CORP U Y N
EXCS EXECUTE SPORTS, INC. U Y N
FBRWY FOSTERS GR LTD ADR-NEW u N Y
FCAL FIRST CALIF FINL GROUP INC COM G Y N
FCGCF FIRST CALGARY PETROLEUM LTD u N Y
FEDP FEDERATED PURCHASERS INC u Y N
FETUF FOCUS ENERGY TR UNIT (CANADA) u N Y
FFHL FUWEI FILMS (HOLDINGS) CO., LT G Y N
FJTSY FUJITSU LTD ADR (5 COM) u N Y
FNIX FONIX CORP NEW U Y N
FNXMF FNX MNG CO INC u N Y
FRNT FRONTIER AIRLINES HOLDINGS INC G Y N
FRPT FORCE PROTECTION, INC NEW S Y N
FTEK FUEL TECH, INC. COMMON STK G Y N
FTMMD FORTUNE MKT MEDIA INC (NV) NEW u N Y
FTWR FIBERTOWER CORPORATION COM G Y N
FUQI FUQI INTERNATIONAL INC COM G Y N
FVITF FORTUNA SILVER MINES, INC. u N Y
GBAMF GLOBAL ALUMINA CORP (CDA) u N Y
GBMR Global Matrechs, Inc. New Comm u Y N
GENT GENTIUM SPA ADS G Y N
GERI GLOBAL ENERGY RESOURCES INC u Y N
GHBAZ GOOD HARBOR PARTNERS ACQUISITI U Y N
GMFX GameZnFlix, Inc. New Common St U Y N
GMTN GANDER MOUNTAIN CO G Y N
GOCPF GLOBAL COPPER CORP COM SHS (CA u N Y
GPCB GPC BIOTECH AG SPONS ADR REPS G Y N
GPOVY GRUPO CARSO SA DE CV SPONS ADR u N Y
GROW US GLOBAL INVESTORS INC CL-A S Y N
GSAT GLOBALSTAR, INC COM STK Q Y N
GSPG GOLDSPRING INC. U Y N
GTOP GENITOPE CORP G Y N
GVCM Geovic Mng Corp Common Stock u N Y
GXEXF GEOLOGIX EXPLORATIONS INC (CAN u N Y
HLYS HEELYS, INC. COM G Y N
HNSN HANSEN MEDICAL, INC. COM G Y N
HOMB HOME BANCSHARES INC COM STK Q Y N
HRAL HEAR ATLAST HOLDINGS, INC COM u N Y
HRIVF HIGH RIVER GOLD MINES LTD u N Y
HSOA HOME SOLUTIONS OF AMERICA INC G Y N
HWCC HOUSTON WIRE & CABLE COMPANY C Q Y N
HYTM HYTHIAM INC G Y N
IAPLY ICAP PLC SPONSORED ADR (UK) u N Y
IHLDY IMPERIAL HOLDINGS LTD SPONSORE u N Y
ILKG INTERLINK GLOBAL CORP u Y N
INPC INPHONIC INC u Y N
IRMGF INSPIRATION MINING CORP u N Y
ISBL Ise Blu Equity Corp Common Sto u Y N
ISLN ISILON SYSTEMS, INC. COM G Y N
ISSM Integrated Surgical Systems, I u Y N
ISYFF IFCO SYSTEMS NV (NEW) u N Y
ISYRF INTRINSYC SOFTWARE INTL INC u N Y
ITMSF INTERMAP TECH CORP CL-A u N Y
IVOT IVOICE TECHNOLOGY, INC. CLASS U Y N
IWEB ICEWEB INC NEW U Y N
JOSB JOS A BANK CLOTHIERS INC Q Y N
KCDMY KIMBERLY-CLARK DE MEXICO S A B u N Y
KXLAF KODIAK EXPLORATION LTD u N Y
LBAS Location Based Technologies, I U Y N
LCAV LCA-VISION INC Q Y N
LOCM LOCAL.COM CORP COM STK S Y N
LONG ELONG, INC. AMERICAN DEPOSITAR G Y N
LTTOY Lottomatica Spa Sponsored ADR u N Y
LXRS LEXINGTON RESOURCES INC U Y N
MAGS MAGAL SECURITY SYSTEMS LTD-ORD G Y N
MDTL MEDIS TECHNOLOGIES LTD G Y N
MDWGF MIDWAY GOLD CORP (CANADA) u N Y
MKGBW MIDDLE KINGDOM ALLIANCE CORP W U Y N
MMGP MM2 GROUP INC CLASS A U Y N
MNKD MANNKIND CORP G Y N
MNXBY MONEX BEANS HLDGS INC TOKYO UN u N Y
MOVIQ MOVIE GALLERY INC u Y N
MPRG MOTION PICTURE GROUP INC (THE) u Y N
MSGI MSGI SECURITY SOLUTIONS, INC. U Y N
MSPX MERRILL LYNCH & CO INC S&P 500 G Y N
MTEX MANNATECH INCORPORATED Q Y N
MTRMP METROMEDIA 7.25% CUM CV PFD u Y N
MTSQY MITSUI SUMITOMO INSURANCE CO L u N Y
MXOM MEXORO MINERALS LTD U Y N
NBIX NEUROCRINE BIOSCIENCES INC Q Y N
NCTY THE 9 LIMITED AMERICAN DEP SHR G Y N
NEMFF Neo Material Technologies Inc u N Y
NETTQ NETTER-DIGITAL ENTERTNMNT INC u Y N
NFLX NETFLIX COM INC Q Y N
NGPC NGP CAPITAL RESOURCES COMPANY Q Y N
NILSY JSC MMC NORILSK NICKEL SPONS A u N Y
NMNCF NEXT MILLENNIUM COMM'L CORP u N Y
NPBC NATL PENN BANCSHARES INC Q Y N
NPNYY Nippon Yusen Kabushiki Kaisha u N Y
NRMX NEUROCHEM INC G Y N
NSMG NATIONAL STORM MANAGEMENT INC u Y N
NSMSF NORTHERN STAR MINING CORP u N Y
NSRGY NESTLE S.A.SPON ADR(REP REG SH u N Y
NSTK NASTECH PHARMACEUTICAL INC G Y N
NTRI NUTRI/SYSTEM INC. Q Y N
NURMF NUR MACROPRINTERS LTD ORD SHS u Y N
NWGN NEWGEN TECHNOLOGIES, INC u Y N
OCNW Occam Networks, Inc. New Commo G Y N
OGZPY O A O Gazprom Sponsored ADR (R u N Y
OMRP OMNI RAIL PRODUCTS, INC. NEW u Y N
ORMP Oramed Pharmaceuticals Inc. Co U Y N
OSIR OSIRIS THERAPEUTICS INC COM ST G Y N
OSTK OVERSTOCK COM INC DEL G Y N
PCCLF Phoscan Chemical Corp Ordinary u N Y
PDVP Podium Venture Group, Inc. Com u Y N
PEGGF PETRO RUBIALES ENERGY CORP ORD u N Y
PEGX PACIFIC ENERGY RESOURCES LTD C u N Y
PEIX PACIFIC ETHANOL, INC. G Y N
PFAP Pacific Asia Petroleum, Inc. C u Y N
PHTW PHOTOWORKS INC. NEW U Y N
PNPFF PINETREE CAPITAL LTD u N Y
PRGJ PRG Group, Inc. Common Stock u Y N
PRKR PARKERVISION INC G Y N
PRPL PARK PLACE ENERGY CORP (NV) U Y N
PRXI PREMIER EXHIBITIONS, INC. G Y N
PTSG PETROSEARCH ENERGY CORP U Y N
PURE PURE BIOSCIENCE U Y N
QELP QUEST ENERGY PARTNERS L P (DE) G Y N
QMMC QUEST MINERALS & MINING CORP. U Y N
QQQQ POWERSHARES QQQ TR UNIT SER 1 G Y N
QTEK QUINTEK TECHNOLOGIES INC U Y N
QURAF QUATERRA RESOURCES INC LTD u N Y
REFR RESEARCH FRONTIERS INC S Y N
RGRP ROO GROUP INC NEW U Y N
RHHBY ROCHE HLDG LTD SPONS ADR u N Y
RNWF Renewal Fuels, Inc. Common Sto U Y N
RVXCF RESVERLOGIX CORP u N Y
SAZEF INTERNATIONAL SAMUEL EXPLORATI u N Y
SBKC SECURITY BANK CORP Q Y N
SCON SUPERCONDUCTOR TECHS INC S Y N
SDBT SOUNDBITE COMMUNICATIONS, INC. G Y N
SEED ORIGIN AGRITECH LIMITED Q Y N
SGCNF SUNRIDGE GOLD CORP(F) u N Y
SHCM SOUTHERN COSMETICS, INC. u Y N
SHRP SHARPER IMAGE CORP G Y N
SHSN SHEARSON FINANCIAL NETWORKS, I U Y N
SIRT SIRTRIS PHARMACEUTICALS INC CO G Y N
SKBI Skystar Bio-Pharmaceutical Com U Y N
SMLC 012 SMILE COMMUNICATION LTD OR G Y N
SNTA SYNTA PHARMACEUTICALS INC COM G Y N
SNTO SENTO CORPORATION NEW u Y N
SNVNF Sandvine Corp Common Shares (C u N Y
SOLF SOLARFUN POWER HOLDINGS CO LTD G Y N
SPPX MERRILL LYNCH & CO INC S&P 500 G Y N
SPWR SUNPOWER CORPORATION CL A G Y N
SRAMF SURAMINA RESOURCES INC COM STK u N Y
SSWC SPEECHSWITCH, INC. CLASS A U Y N
SVSE SILVER STAR ENERGY INC NEW U Y N
SWME SWISS MEDICA INC u Y N
SXRZF URANIUM ONE INC ORD SHS (CANAD u N Y
TAROF TARO PHARMACEUTICAL INDS LTD u Y N
TARR TARRAGON CORPORATION Q Y N
TASR TASER INTERNATIONAL INC Q Y N
TBHS THE BANK HOLDINGS INC S Y N
TDSC 3 D SYSTEMS CORP NEW G Y N
TELK TELIK, INC G Y N
TGIC TRIAD GUARANTY INC Q Y N
THRSF Thunderbird Resorts, Inc. Ordi u N Y
THTCF THERATECHNOLOGIES INC SVC u N Y
TLEO TALEO CORPORATION CL A G Y N
TMCV TEMECULA VALLEY BANCORP INC (C Q Y N
TNRO TERRA NOSTRA RES CORP U Y N
TNXI TELANETIX INC COM STK U Y N
TOUS TOUSA, INC u Y N
TRDQ TRADEQUEST INTERNATIONAL INC U Y N
TRNP Turnaround Partners, Inc. Comm U Y N
TTDS TRITON DISTRIBUTION SYSTEMS IN U Y N
TTSP TRANSTECH SERVICES PARTNERS IN U Y N
TTWO TAKE-TWO INTERACTIVE SOFTWARE Q Y N
UDHI UNION DENTAL HOLDINGS INC U Y N
URNAF URBANA CORP (F) u N Y
USEI US Energy Initiatives Corporat U Y N
USEY U.S.ENERGY SYSTEMS INC u Y N
USNA USANA HEALTH SCIENCES INC Q Y N
UTSI UTSARCOM INC Q Y N
VLCCF KNIGHTSBRIDGE TANKERS LTD Q Y N
VLCO ValCom, Inc. New Common Stock u Y N
VNBC VINEYARD NATL BANCORP Q Y N
VOIC VoIP, Inc. NEW Common Stock U Y N
VRAD VIRTUAL RADIOLOGIC CORPORATION G Y N
VRGE Viragen International, Inc. Ne u Y N
VRNM VERENIUM CORPORATION (US) G Y N
VSUR VSURANCE, INC. NEW COMMON STOC U Y N
VTLV VITAL LIVING INC U Y N
VYGO VOYAGER PETROLEUM, INC COM U Y N
WBMD WEBMD HEALTH CORP CL A Q Y N
WNWG WENTWORTH ENERGY INC NEW U Y N
WRSP WORLDSPACE, INC. G Y N
WSDT WISDOMTREE INVESTMENTS, INC. u N Y
WSZL Western Sizzlin Corporation Ne U Y N
WXJXF WERSTERN CANADIAN COAL CORP u N Y
ZAGG ZAGG INCORPORATED COM STK U Y N
ZVUE ZVUE CORPORATION COM S Y N
ZYNX ZYNEX MEDICAL HOLDINGS INC

[jerseyshore]

Fortune Market Media Scores John Salley
Affable Sports Legend and Savvy Marketer to Join Team as Executive Vice President of Media

November 30, 2007 09:00 AM Eastern Time


LOS ANGELES--(BUSINESS WIRE)--Fortune Market Media (PINK SHEETS:FTMMD), a diversified media and communications corporation and only publicly traded company to own a racing team, announces the appointment of high-profile sports and business personality John Salley as the company’s executive vice president of media.

Bringing to the role what he calls, “a wealth of contacts, an enthusiastic attitude, a bright, bubbling future, and a desire to be great,” Salley will bring exposure to his own endeavors through Fortune Market Media’s wide range of multimedia outlets, as well as apply his market savvy to oversee the company’s rapid growth and expansion.

“John Salley is an excellent match for the company because his multimedia accomplishments are as great as his basketball accomplishments,” said Ryan Tomlinson, executive vice president and director of media at Fortune Market Media. “He has a long list of accolades in sports, but he’s also one of the smartest people around.”

Salley, a 15-year NBA veteran and first NBA player to win four championships with three different teams, is currently a co-host of “The Best Damn Sports Show Period” on Fox Sports Net, producer of numerous TV and film projects through his company Black Folk Entertainment, and frequent contributor to high-end lifestyle magazines.

He has also raised awareness to the AIDS pandemic by working in conjunction with VH1 and The Global Fund, and is actively involved with Operation Smile, which helps change the lives of children all over the world.

Salley is currently involved in a number of business projects he hopes to promote through Fortune Market Media, including Z7LuxAire, a luxury private jet company; Live Universe, a ground-breaking Web site created by the founder of MySpace that streams live video and is host of his program The John Salley Block Party Internet Challenge; ZipWay, a revolutionary clothing company featuring an indestructible zipper that allows for fast and hygienic undressing; Hot Tones, a cell phone wallpaper exposing exceptionally beautiful women; and a number of Los Angeles-based musical acts. He also owns the John Salley Beverage Co., which distributes wine, coffee and water.

“I have a whole bunch of things on the table the company’s going to help me exploit,” he said. “We’re working together to expand and grow my projects and the Fortune Market Media brand.”

A participant in the 2007 Toyota Grand Prix Celebrity Race and The Gillette Young Guns and Superstars series that aired on ABC in June 2007, Salley’s love for racing also adds to his credentials. Fortune Market Media recently went public, making its shareholders partners in its Fortune Market Racing Team.

“Fortune Market, as a multimedia company, is set up to not only create streams of media but also to acquire media outlets and bring them into our fold,” said Tomlinson. “John is very experienced in doing this and passionate about what he does. And this is what we’re all about.”

“When something needs to get out there and pushed, Fortune Market Media is going to be the way to do it,” said Salley. “I’ve worked with a lot of talkers and not a lot of doers, and now I’m working with a company that’s about doing something.”

About Fortune Market Media, Inc.

Fortune Market Media, Inc. (FTMMD) is a diversified media and communications company providing businesses with a variety of financial-, consumer- and investor-related communications services. Fortune Market creates awareness among investors, consumers and potential partners through its multi-channel streams of media. More information is available at www.fortunemarket.net.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.


Contacts
for Fortune Market Media
aLine media public relations
Kenn Henman, 310-576-1808
[e-mail]
http://www.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20071130005102&newsLang=en

[CBGB]

FTMM do a pr campaign so we can get out with our original investment.

[gabkok]

I sold my position yesterday.

[was RocknRolla]

Awesome...thanks for straightening me out!

[Stock Stallion]

lol u are still drunk :)

[was RocknRolla]

They must be correcting their mistake...the pr said 1000-1, but they actually meant 10 to 1...or am I still drunk?!?!?

[Stock Stallion]

thanks all :)

[Rover_az]

Not on Scottrade either
:)

[Stock Stallion]

LOL thanks not on eturd either :)

[was RocknRolla]

Not on Ameri-poop...

[Stock Stallion]

anyone get their shares adjusted yet on this??

[trading94]

yes,but when is the question?

[gabkok]

If you buy 2,000 shares pre-reverse split, your post-split should then be 2 shares.

How do you get so many shares (400) to sell? It seems that you short sale, and you will have to cover down the line.

[trading94]

No the day before when the list came out

[$hellKing]

So did you buy the day of the announcement of the R/S?

[trading94]

2000,and the same after the split,

[gabkok]

Whao! How many shares did you have pre-split?

[$hellKing]

Ha, All up to you then. Cant give advise like that on a message board. Myself I am going to see how things pan out first. This is still early in the R/M. Sometimes these things take a little while to get started. But with that being said people who can short may miss an opportunity of a lifetime or could very well be a misfortune of a lifetime. But like I said, ATNO had a very similar situation and I got shafted. I didnt get my shares for over a month and when I did they were restricted and now the price isnt even worth selling. I can buy 10X the amount now at lower prices.


Note to self, dont buy a stock that just did a name change the day before a split. All the T/A's will be talking settlement periods, brokers will be denying shares, Co's will be siding with T/A's, DTC and Nasdaq wont be returning calls...... SEC wont do anything, FINRA wont do anything, etc.



I personally will have to go to court on my issue most likely but not before I write letters and email every single top executive at USAA. Someone is going to pay for the crap they pulled with me.

[trading94]

I have TDameritrade and bank of america brokerage,
sold some shares from my td account and does not show as minus yet,
last week I sold 150 from my BA account and it does show short but nothing from the broker,
the good thing is I made the money double from the sale and have it to cover at this prices,
now in other hand I can sell more from my TD account but not sure if I should?

[$hellKing]

I wouldnt cover until the very last moment or wait for sub dollar prices for sure if it goes there. Or wait for them to call you. If you have other equity in your account you might not have to cover for a little while even if this issue gets corrected soon.


But for sure I wouldnt cover until it shows minus(when the split gets officially corrected) or to the last waking minute. And this might drag out so it could be a long while to cover from my exp with ATNO.


Which broker do you use anyways?

[Rover_az]

you need to call and talk to your broker about it. I can't believe they are letting you sell.
be careful

[trading94]

I was suprised they let me sell the shares I still own some more and might sell litle more,
the only thing makes me nervous is not knowing when I need to cover,
any advice from you?

[$hellKing]

Ha, well I cant tell you that for sure. but as soon as this gets fixed, which I think is going to take a long time, then you will have to cover. But it depends on you broker. Some might not make you do it immediately and some might make you liquidate asap but I've never shorted all that much in my trading days. Only a few times and Ive never really been all that negative and was never forced to cover. But Im sure many here know.



But in my opinion, a lot of this volume is shorting. But I think the bid is so strong b/c many here know people are shorting and are betting that they will have to cover at higher prices so they are betting to make money.


They main deal is whether the company drops a bunch of shares on the market to raise money before people are forced to cover. They have to raise money b/c thats the point of going public but they might be aware of the short and are not doing it yet.



All I know is Im in sort of the same situation with ATNO. And I just got my shares and I still cant sell them and its been going on since oct 10th. Ameritrade busted trades for their clients that day and probably ate the loss but that took a lot of work to get done. Check the board and read up on some of our posts. Really crappy. ATNOD went from 8.00 a share, to a 100 for 1, to 1.50 a share(where many shorted, I think they sold the day before to me and others and still got the split so the got best of bothe worlds and got away with it), all the way down to .04(where these guys probably covered), back up to the low teens, all the way back down to the .02's yesterday I believe. Its a little different b/c it was a f/s not a r/s but the same name change thing and the same "d" happened.


Im the one who got beat when i bought on the 10th((the day of the split)) so I dont know whats going to happened to those who sold on the day of the R/S here. Its probably all jacked up. But we will see.


Last good pink I was in was MVBY. Went from 5 bucks a share, then they sold a few million shares all at the .04's-.60's then it ran to the dollars, then all the way back down. So there is always a pattern in these pinks.


But buying pinks thinking that they will go up has got to be more risky than buying pinks and betting that they will go down.imo

[trading94]

I sold 400 sh out of my bank of am account,
how long I have to cover?
should I sell more?
thanks

[$hellKing]

You make money.lol Man if I had what some of these guys have. At 5 bucks a share, I would be selling my butt off short. Those amounts of shares alone would drive the price down to nothing. But that would be unethical.lol But happens all the time here in pennyland. Some overseas accts allow you to short pennies and the MM's do it as well.

[trading94]

what hapenes if u sell and cover lower later?

[mbc]

Maybe that's the answer.

They did allow me to put in the trade last night and then left it until they cancelled this morning.

Oh well, live and learn.

[Rover_az]

Scottrade still doesn't allow trading either.
I think it is taking longer because it was a foreign stock.

Lesson learned.

[mbc]

Thanks, for letting me know.

This is weird for Ameritrade, always when they change the symbol it shows the correct shares, unless it is a round-up, then it takes a while.

I'm really surprised that it's still showing the original shares this long after.

I actually did put in a trade, just for 1000 shares, at $5.25 figuring that the way it's trading I could cover back at $5. A quick $250. would have been OK.

They cancelled the trade at 11am. Strange.

[sons]

Etrade has all my money tied up and cannot take any out or trade. Showing short and a negative $114k. This trade has turned out to be a nightmare!

[Sideem]

Same for me. So tempting to sell but I know better...*LOL*.

[mbc]

My Ameritrade account has been showing the new symbol for days but I still have the original amount of shares that I bought showing.

Anyone else?

[NJ_TOAD]

lmao sure is'nt,,,,,

they said it will be fixed shortly,,,,,,

[Stock Stallion]

LOL well then that is NOT pretty to look at :)

[NJ_TOAD]

lol,,,not mine

I'm short 103 grand,,,

[Stock Stallion]

ETRD changed the symbol a week ago but still has not adjusted the shares yest. pretty to look at though :)

[Sideem]

Aturd for me finally changed the symbol to FTMMD today but so far hasn't adjusted # of shares. It currently shows me having a gain of over 10,000%. If only it were true...*LOL*. Ah well, at least it looks pretty for today.

[Mike2112]

AT just changed the shares....I salvage 15% of my investment..pretty godd by RS standards..LOL

[$hellKing]

Yeah, ameritrade is sooooo slow with these plays. By the time they get them price will probably drop a bunch. Ive got a ton of things Im still waiting on it aturd. This is probably going to take a loooooog time. There is a serious glitch with these types. When ATNO split some guys were selling shares for .50-1.50 and thats after the 100 for one. It was suppose to be trading at .08 the next day. Those guys made bank b/c a few days later it was .04. They probably shorted then bought back in at .04 with the cusip screw up.

[Mike2112]

AT still only has FTMM shares not FTMMD....seems like by the time I get my shares I won't even be able to salvage a couple hundred bucks....

[JoeBlack]

Sorry Wrong Board!

[JoeBlack]

Chart

[$hellKing]

Boy Boy Boy..... I'm really feeling for you guys who are negative in your accounts. This thing is going to be ALL SCREWED UP!


This EXACT SAME THING happened to me and a few other people but in an opposite fashion and I still havent gotten my (settled) shares of ATNOD.


ATNOD did a 100 for 1 F/S on 10/10 but they did the name change the day before(10/09 and cusip change). I didnt notice this so I bought on the 10th hoping for the F/S. Just yesterday I FINALLY got lent shares that I still cant even sell until this gets resolved which it wont and they will end up taking them back most likely. This after about 10 phone calls, 20 emails, legal threats, SEC complaints, FINRA Complaints, and just about everything else.


The worse part is the T/A and Company are just plain denying the shares completely. They are NOT giving in to the brokers whatsoever. So any broker who is giving the F/S to people who bought on the 10th are taking the hit themselves or busting the trade but thats nothing compared to what is being minus out of people accounts recently.


This is going to get real ugly.imo

Dont know how otcbb is going to fix this glitch but this is jut messed up with these name changes the day before the splits.


This could drag out for a while.

[CBGB]

Fastest "born & Dead" brd. I ever see, Jed Clampett said.

[$hellKing]

Thats why I always try to find ones that have less than 10 million O/S, Possibly 20% or less of a float, try to find a decent lawyer who actually bought the shell and had the controlling interest already on file, etc. Well I suppose this on fell into a couple of those categories that I know of but you just never know.....

Some of these people get real gready and dont want anyone having any. I think PASL had a very small float but the Chinese were greedy and split that one too.

Sometimes its just good to find them yourself early, sell most of the shares you have, then ride a few free in case it does run post r/m. But thats easier said than done b/c most of these shells are 5th-10th hand if not more. Its just streaky type stuff. Sometimes you get a few that do good and dont R/S and sometimes you get a bunch in a row that r/s. Also depends if the lawyer keeps a big stash for the transaction too. MVBY freaking sold tons of shares the first few days and then just flew to a1000%+ gain. I was expecting that here. Them to sell off til the .50's then have it run back up to the 3-4 range, then back down again.

[Bodacious]

same thing happened to TYHR as it has happened here..They screwed the original investors with an insane reverse split and killed the stock which had decent momo . this is why i am starting to hate playing these reverse mergers or shell deals. some work but others can turn out totally worthless

[snowcloud]

maybe so. LOL

[CBGB]

Musta been an Uncle of the owners or somesing.