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L2s please
I've been trading these things for ten years and there hasn't been one that hasn't had an after hours trade at some point and 99% of the time that AH trade had absolutely no effect on the next days opening
How long have you been trading pinks? six minutes?
If you don't understand this I will ask you three questions. Have you ever read a10k from top to bottom? If yes, did you understand it? Do you know how important a 10k is to legitimize a merger? If you can't answer yes to these thins then you will never understand why people think this will move north with the 10k
No with a legitimate run and not a bear trap people should have consolidated waiting for the numbers
Anyone who buys or sell a stock much less a pinksheet solely upon advice from someone he hasn't even met that he read in some chatroom should probably not be buying stock.
Starbucks was once a mom and pop
If you knew what was coming I hope you made a buttload of $
what? a triple since two weeks ago not good enough for you?
That's my thought but 100 shares traded
That's my thought but 100 shares traded
My rep at B of A also tells me that my shares are available to trade.
Here's the time and sales segment
2:29:26 PM Trade 0.016 50000
2:23:30 PM Trade 0.0015 15000
2:22:42 PM Trade 0.015 5000
2:22:34 PM Trade 0.015 65000
2:16:30 PM Trade 0.0015 3000
2:09:46 PM Trade 0.015 100000
1:44:40 PM Trade 0.015 50000
1:42:28 PM Trade 0.015 35000
1:34:44 PM Trade 0.015 10000
If you have 50000 shares at .10 then you have 5k
If you now get get 80000 and the price drops to .07 then you have 5.6K now since the PPS already dropped on expectation of dilution. (Since nobody would care if a co. increased the AS unless they expected them to eventually be issued) you might not see a sixty percent hike in your holdings but with my scenario you see a 10% hike or effectively a ten percent dividend which is almost unheard of for pinks. And then factor in the 1 for three foreign share dividend after your share count has increased.
Honestly do you think that your holdings will be worth more or less after these events?
I keep hearing these conspiracy theories but not one of the nay sayers can back up their assertions with anything but double talk and verbal vagueries.
NEW YORK, NY, May 11, 2007 (MARKET WIRE via COMTEX) -- The Board of Directors of Pharm Control Ltd. (PINKSHEETS: PMCL) is proud to announce that they have decided to reward patient shareholders with a forward stock split whereby shareholders of record on June 29, 2007 will receive eight (8) new shares for every five (5) shares they hold.
They anounced the split after the name change so it has nothing to do with the old TA....
Yes they sold because of the increased amount of AS when the split happens there will not be a further increase in the number of shares so the the split will not increase the AS and although it will increase the OS the selloff was in anticipation of an increased OS so the split will not cause an automatic decrease in value of shares. That's not to say that a bunch of idiots might not still sell after the split because they believe the nonsense of the no fact bashers
Look at the chart
This is incorrect. The share price already fell upon the announcement of the new authorized shares so the share price is not going to fall again when the split takes place because the shares that we will be getting have already been printed.
The amazing thing is this. The TA was caught short selling cuz that's the only reason to issue fake shares is to lend them against the short sale. Now people are going to sell and reward the shorts by letting them cover and/or make money at lower prices. What a scam, break the law and get rewarded, only in America
If you do believe then what does the share structure have to do with anything? They have not misrepresented it and told us the new structure has to wait for the symbol change.
Look if you don't believe them when they deny the allegations then why should you believe whatever numbers they post as the share structure?
Please tell us what you think was missing from the PR?
Two days ago I mean
I own what was ILGY but yesterday they did a reverse split and now have a new ticker ILGL. It seems as if the company was under investigation the SEC would not have allowed the split and symbol change. Interestingly the thing has not had very much volume or the large selloff like the usual RS brings about. I wonder if this might not be the Canadian way of punishing all of the naked shorting going on.
Philly must have forgotten that the price dropped on news of increase A/S and so this is extra good news because us shareholders will be getting some of the newly printed shares rather then it all going towards financing and acquisitions
If your math is correct than effectively the shares you hold today would be worth 53000 * .33 = $17490. Right now your personal market cap is $1600 approx. So what is confusing is why this thing is trading at one tenth of what the PR claims the shares will be worth in JUly.
I think that Dell is shorting. jmho
This has nothing to do with who's managing as you well know. The pps will increase by 1.5 times within four business days
The opinion gives it short, mid and long term buy ratings
OOPS I see it is still in timeout, sorry
Check out GMDP and see if it fits your criteria.
Any clue what's driving this up? Is the float still around 60 million?
I'm a bit confused. This stock doubles in three days and people are whining and crying foul because it didn't triple. Why do you guys call me when you come back from wacko land
Just remember that penny stocks can make you rich but you'll need most of the money to pay for the eventual heart bypass. lol
The big players have to be allowed to cover and/or buy cheap this dip won't last
Thanks I'll do that
OT: Can anyone give me a chart opinion of GMDP? Thanks
Have you seen www.buyins.net?