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What is going on with this stock? They're posting great revenues, zero debt, etc. Something we don't know? I've been chasing it down for months... Bought in at 1.40, 1.13, and 1.05
hold on so.... ive got 10k invested in bullion monarch mining shares. i bought them in march and today.
does this mean im losing everything tomorrow? i dont speak that well english and im confused.
please someone help me
http://finance.yahoo.com/q/is?s=genm.ob
Not as bad as I thought.
You think so?
Y'know, fundamentally, the company is actually doing alright. If you call them and ask (which I've done a few times), it sounds like they've secured some financing and they've already started drilling into a well they know has what they're looking for.
It's too bad they've been tainted by pumpers.
Out of curiosity, did anyone else get suckered into buying this thing at .85+ a few months ago?
This thing just hit its 52 week low, get ready for a nice bounce tomorrow.
I loaded up at .11, I'm gonna sell at .17 or .18. Give it till the end of the week or monday next week.
Thoughts?
Maybe this thing isn't so bad. I know its just a pump and dump, but maybe its a good long term hold.
If you call them (international call... I know), they actually explain their business quite clearly and it sounds like they've got their shit together. Specifically, they have enough money to continue operations for the long term and they've already got licenses to sell drugs in a bunch of european countries. Considering how bureacracies in those countries work, theyve cleared an enormous hurdle.
perhaps brighter days ahead? Thoughts anyone?
should be a nice bounce on monday. load up now.
managed to make a tiny portion of my money back when i bought at .02
Well this board is awfully quiet.
Anyone else get stuck holding this thing at .50 or above?
Jesus, I really got burned with this piece of shit...
.04... That's the lowest price its ever been at, nowhere to go but up right? right? please? somebody?
I got in at 1.40.
You guys think this is just another pump n dump? The company's financials look on point and they've got a tremendous number of assets.
IMO the drop is just a (much needed) correction. I mean, you can't just expect a stock to jump up almost 100% in two days and not dip significantly.
Any thoughts?
Feb. 26.
According to Geithner, it's all good news.
I no longer believe this is a good stock for the longs.
The truth is, once you prowl around the internet for news on these companies, one thing is increasingly clear: though their future is all but guaranteed, it means nothing for holders of common stock.
IMO this rally upwards will continue until the positive earnings report on Monday and then BOOM, it's going to bottom out again. Rinse, wash, repeat.
I guess the good news is that you can make a ton of money loading up on bottoms (roughly .39-.45) and dumping on the highs (.86-.95), then doing it all over again.
I wish it was some other way but that's life. I'm in 6500 shares at .67 and 9000 at .87. $2 short term pps wouldve been nice but it's a fantasy.
Does the Fannie earnings report come out on the 21st or the 26th?
Has to stay there for 30 days though.
http://reports.finance.yahoo.com/w0?r=48774511:1
S&P report came out yesterday. Fannie got an A.
95/100 Relative strength rating.
Gentlemen, I believe we might just make some money next week.
I called up my boy Rubio this afternoon. His staffers assured me that they're taking common stock shareholders into account with whatever plan they're formulating for F&F.
Exactly what I was thinking Ferrari.
You in for the long haul with Fannie?
Sounds like good news for us right?
Fannie preferred is up.
Why do you think that?
I dont like to sound like a Fannie broken record, but I believe quite strongly in the strength of this company.
Take a look at their 10Q, they're still in the red but they're stabilizing and net future profits look like a reality.
Loaded up - 10k more shares.
I've been prowling the news all night - it would be practical and political suicide to get rid of fannie. The company needs surgery not a mercy killing.
This isn't a quick buck company.
I'm holding on tight to my Fannie shares, you need rain for a rainbow right?
I guess good news in that the asking price is .80
Mostly the uncertainty.
Everyone's extremely anxious to see what Obama and Congress do tomorrow.
Their big plan for Fannie is out on Friday.
Good call.
May have muddled my facts.
By the way, does anybody on here know how the benchmark notes work?
How are they likely to affect shareholders?
In my opinion, the US government dumping their shares would only cause a short term dip.
We have to keep in mind that China and several banks around the country have stock in Fannie. Wiping out Fannie would have dire consequences for a number of banks with poor balance sheets and would surely be a detriment to our foreign relations with China.
Fannie will rise.
Apparently Fannie insiders are confident of survival.
http://money.cnn.com/quote/shareholders/shareholders.html?symb=FNMA
Despite the plunge and the "dire" news, insiders didn't make any sales.
Looks good.
Apparently this "phasing out" might take up to ten years. Who knows what the political climate is going to be like ten years from now (or hell, 1 year from now!).
Sounds to me like the news today might actually be no news at all.
The government never directly subsidized fanny or freddie but it backed their mortgages.
This means that they were free to buy up whatever toxic mortgages they wanted knowing that the government would be right there to compensate them should they default.
If the government steps out, Fannie and Freddie would have to actually analyze the mortgages they accept and take only those which are profitable.
For me, this dip is a buying opportunity.
After speaking with my congressman I've got a real good feeling about this one.
He said that the government stepping out of Fannie might actually increase the share price.
So I called my congressman.
Apparently the "phasing out" of Fannie and Freddie is NOT going to have some apocalyptic impact on shareholders. The company is just going to have to stand on it's own two feet.
Still no reason to panic.
So do we want the government to let go of Fannie or not?
I just don't understand why MNLU shares are treating me like such garbage
Give Mainland a call.
From what I can tell, they're an honest group of people and their investor relations guy is GREAT at answering questions.
He told me they should have updates this week on core samples and that things were looking good. He also told me that they've got several financing options going forward, so things are looking good in that respect too.
It's a damn shame Mainland's market price can't catch up to it's intrinsic worth, but hey, we've got a solid buying opportunity on ours hands.
Have you guys read KNKT's 10K?
This "company" is composed of two guys with no employees who are buried in almost $500,000 of debt.
They've got a slick website advertising three products that don't exist (and don't look like they ever will) and in their 10-K they admit openly that taking on giants like Apple is extremely risky and that they're in a poor position to do so.
Unfortunately I bought $11,000 of these guys when they were $1.49... Finally sold at 1.20 when I realized just how crappy their fundamentals were. Don't fall for those advertisements promising a future share value of 54 bucks, it's a fantasy.
Just giving everybody a warning - this company is NOT worth the enormous risk.