Octagon 88 Resources (OCTX)

[dazetrader]

Company is now recycling old information. Next time remove clues to the "old data" (CEC NorthStar Energy Ltd). http://bit.ly/19aIgte

[elkwood66]

I read the tape, cant find ur prints, that's what I am reffering to

[Alkaline]

Your the King of the Timmites:

This is the 3rd your stupid @$$ has messaged me asking who I am so you PM me with your cell and I'll give you an ear full on who the F I am.

As for money, I already own over 1 million in commercial real estate, in fact my BROKER is a tenant in my building. I'm half your age, twice your net worth so you better watch what the hell you say.

Plenty of shares available on South West Securities, http://www.southwestsecuritiesfsb.com/Pages/default.aspx so do us all a favor and go back to your LALA timmy land where you get your kicks from your crap by pressing on n00bs.

[Alkaline]

2-3 trades.

[Alkaline]

wait for the prints from SWIS.

[zomniac]

there were 100 shares traded at that price

are you trading paper or real ?

[Alkaline]

My 100?

[zomniac]

was that your 100 ?

who you borrowing from/thru ?

[Alkaline]

covered all 6.5 shares @ 5.72, not risking another spike.
Up 1566 overall now.

[Alkaline]

Holding 5.65, will cover some shares at 5.70 if it bounces.

[Alkaline]

Hell Yes now overall I'm up 2k after the 1.3k loss form the earlier spike.

Hopefuly OCTX closes red today.

[Alkaline]

Short again 6.5k @ 6.19 (gluten for punishment)

Ok, SEC halt rumors are spreading, so just like the spike on FLUFF news, it could very easily plumit.

Of course if the SEC did halt this stock than that would just be spectacular.

[qstock]

Yeah, this is bound to head way south again. I will short as well.

[Alkaline]

wow this one kicked my butt, coverd 10k at 5.01, net -1,300

Will look to short again after this rally.

[Alkaline]

Reshorted 4.5 for a total of 10k average 4.53, I saw this fluff news wears off.

[Alkaline]

Now let see what happens, seems to be stablized at 4.15-4.20

Took a good bit of profits from my short position earlier, but I sitll think this stock is going down.

[Alkaline]

Covered half my short 5.5k @ 3.95... looks to be spiking.

[Alkaline]

Doesn't really care if it does I'm holding my short untill the 2's will start selling slowly when it hits the 3.0's


Remember POLR? Same industry, same scam, they got halted, if this stock starts rising up I'm sure it will be a prime candidate for a HALT.

I'm not going to pass that opportunity up, if you are short when a stock is Halted, you hit pay dirt.

Anyway, I think people are just trying to delay the inevitable, We all know where this is headed.

[qstock]

Do you think this hits 3.80 again?

[Alkaline]

I know but low volume is slowing the process

[qstock]

OCTX should have been halted already

[BigFat]

The Party is Over!
This POS is falling like a Rock.
Turn out the lights its done!

[Alkaline]

Put it out of misery longs,

Just go ahead we all know where OCTX is heading...

[BigFat]

That is exactly what should happen. Talal Fouani is involved so it must be a scam! That guy has one foot in jail already! and he is taking innocent investors cash on this scam deal. Have a look at the financials they never lie!

[Alkaline]

That or the sec halts it like they did with POLR

[BigFat]

Nice Trade! When this POS goes to zero, you will be the smartest guy in the room!

[Alkaline]

added 3500 shares short on IB @ 4.54

[Alkaline]

Not going to cover regardless if it even hits $6.00

[Alkaline]

Short 7600 shares @ 4.95 @ suretrader

[BigFat]

Talal Fouani and POLR Halted for Pump and Dump! Is OCTX Next?

[BigFat]

Pump and Dump thief Talal Fouani from Calgary Alberta has ownership in this Company. Beware of the false research reports!

[ArgentX]

I bought in when it was 5.99 and got out 2 weeks ago after reading that pump & dump report. This is not going to end well if half of what the report said about that group from Switzerland.

[skrilldavy]

Let's get back to arguing whether or not this is a scam. I say it is.

[MCArmel1]

Impressive Penny Stocks pick for tomorrow..

http://impressivepennystocks.com/our-new-monster-alert-is-octx-start-your-research-now/

[TraderGash]

OCTX established for insider enrichment - research report

http://promotionstocksecrets.com/octagon-88-resources-inc-octx-pumpdump-report/

Disclosure - short small position

[was Mousepotato]

Every disclaimer states this.

[skrilldavy]

Also, notice how they mention working with "slumberger" as if readers are so stupid as to confuse it with schlumberger, a real company. We should all be offended they think so little of our intelligence

[skrilldavy]

Well gee, that's a swell press release. Read the disclaimer, though. They admit they make claims in it that the SEC doesn't allow in filings.

[was Mousepotato]

The fact is that SOME, but not ALL, of penny stocks roll under the radar and are pump and dumps. Nobody is arguing this. But MANY such as this one are not, and should not be lumped with those that operate as such. I'd like to see ANYONE on this board point to ANY solid, verifiable data - rather than generic idiot defamatory juvenile sh*tbrick opinions - that OCTX is in fact a scam operation. If you don't have any hard evidence - and you won't find any - then put a sock in it and let's see what the stock does. Remember, folks, THIS IS A OIL AND GAS DEVELOPMENT COMPANY IN DEVELOPMENT STAGE. They are trading on the pink sheets not because they are a scam operation, but because they are not yet in a go-live, steady state stage when they will be producing revenues.

[dussfan]

Ok great thanks for that.

[TraderGash]

You can only sell short if your broker has identified a source where they could borrow the shares from. When your trade settles three days after the trade (t+3), if your broker no longer has a source to borrow the shares from, your position will automatically be closed, sometimes without warning. At ST this happens a lot, I am told. It happens much less often at Interactive Brokers, as they have a powerful algorithm that manages short positions on a first-in last-out basis.

[dussfan]

Hey thanks for that what are buy ins on t+3 any info would be appreciated.

[TraderGash]

Beware of SureTrader buy-ins on t+3. Borrows for OCTX and LOTE are very difficult to get. With Interactive Brokers, I have only been able to get 300 OCTX and no LOTE. ST is great for borrows, but sometimes there just aren't any available.

[dussfan]

finally got a st account and they don't have any shares to short. Can't get any lot either. Signed up with them because they were supposed to be the best for these stocks.

[laminblake]

It should be shorted, way overvalued. imo

[Mkoch3]

Tim Sykes just posted a video to short OCTX.
Just a heads up

I have no position in OCTX

[skrilldavy]

Yes, during the pump part of a pump and dump a bogus company with zero revenue goes up in price for a while. However it would be unfathomable for a real company that trades on a legitimate stock exchange to have zero revenue. It's simply absurd. An idea so ludicrous it's relegated to the penny stock scam markets

[Victor6]

I guess all the Day Traders are leaving....It's good for us....OCTX showed a good resistance at $7.00 for 2 days....

[was Mousepotato]

Not true. Plenty of penny traded stocks in DEV mode with little or no revenues on the books go up simply based on what they are sitting on, or perception of where they are going to be.

[laminblake]

Yet they still have 0 revenue. Until they post real revenue this stock will be nothing more than a day-trader. imo