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Okay maybe I am being close minded on this subject, but I dont see the connection. In the pr it talks about a loi to market and distribute ccmj products through this company in japan. Is it possible that the merger taking place is separate from this loi with this japanesse firm.
Elwahsh, sorry I cant respond back to you with a pm because I have a free account. Other then that, I feel good about my pos here. I really believe in this story and I think its a matter of time. Its frustrating, but I do believe that the owners at BIHC have our best interests at heart.
For anyone that cares about my gooddoc, this is what he told me today.
Talked to those in charge tonight...looking fantastic folks..in fact I'll buy the first 100k tommorrow... as always'''''''''''''''GD4
I for one, am done listening to predictions of any kind of news but for those that still believe in what the doc says, I thought I would share. I still believe, but my stance is that the news will happen when it happens. Good luck to everyone.
Yep, I did get my 500 posts. I am not an expert and the following is just my opinion. I think the selling is way overboard today. I think the news was actually good news. We all expected something to come from the trip ccmj just had and this is probably a little of what came from that trip. What I dont like about the news is that if you signed a loi, then why not say who it is with. I dont like the thing being a secret. Maybe thats just me, but I want to know who we are dealing with. I also think that the loi is totally separate from the rm that ccmj is working on. Someone on this board said that they talked to Randy and that we would get news today, and we did. So if I believe Randy in that case then I also haveto believe the poster that said they also spoke to Randy and that Randy said we would get a little pr followed by a big one. I dont like the increase in shares, but I am being led to believe its for the rm. At this point I am very frustrated but what can I do. At this point, I will not sell but I will accumulate. I still believe in this company and at the end of the day I am here for the merger. So either I go down in flames or I fly around first class to my nice beach house in Mexico. But at the end of the day, what the hell do I know.
I 2nd that. Good Morning everyone.
My schedule is a lil different. Out here in Cali, im awake at 6:00 am to get ready for the open at 6:30. Then I watch the markets for an hour and im off to work until 5:30. I occasionally get a post or 2 in the morning but then its silence for the rest of the day. I miss the fun on these boards .most of the trading day. I definetly am lookin forward to coming home and seeing 500 posts on the ccmj favorites list cus that could only mean 1 of 2 things. Either we got great news, or we got bad news.
Hey Soldier, good to see you on the board. I just got home from work and I am happy to see that we closed green today. Looks like very light volume and we held our own. I would rather have that senario then a bunch of volume and a down day. Good luck to everyone and hopefully we get some news first thing tomorrow morning, bright and early. I couldnt think of a better way to wake up then to a nice pr.
Hey I feel your frustration but whats the choice that we have. I am not here to play the charts or the quick flip. My shares are being held with the idea that one day news will come out one way or another and I am either going to be much better off or I am going to lose my investment. There is nothing else I can do.
Good Morning everyone. PLO, nice to see that your back. Question about the volume, or lack of it. Should we look at the zero volume as a good thing. Is it a sign that most of the float is gone and that the shares that are held by the longs are being held for the long haul?
Has the thought come across your brain that maybe the longs own a majority of the shares and since we arent selling, then the volume is naturally going to be low. We are down 18% on 500k traded. Seems to be that you have some people running for the exits but other then that everyone is holding tight until news hits. Lets assume that we get news this week and that the longs here belived that to be the case, then what would we get out of selling at these levels. We would be better off financially waiting a few days.
Of course,but I think its a fair assumption that if all the news comes out that we are expecting, then the share price will be much much higher then it currently stands.
Thanks Bobby for responding. I have also heard that same thing on this board and I take you at your word on your conversation with Randy. The only problem that I am now starting to have with Randy is that he puts it out there that everything is fine and news is on the way. I think if I hear the words "news will be out soon" come out of Randys mouth again, I think im going to go crazy. So while I do believe that the dilution is for merger related activites, I still wonder why they would even dump shares considering that the shares they are dumping are not really worth that much. I could be wrong on my numbers but I think I remember something like 500-1 being dumped awhile back. At at .005 share price thats only 2500-5000 dollars. Wouldnt it have been smarter to use that money out of your own pocket for merger stuff instead of maybe dumping shares and having your shareholders asking questions. You haveto figure that those shares will be worth 100k once news is released. Sorry if im ramblings, these are just some of the things that im thinking of while I wait on the news.
Lurker, I have some questions regarding dillution. You seem to be of the opinion that there is some dumping going on by CCMJ. There have been a few people that have talked to the TA and supposedly the numbers have remained the same. Lets assume for a second that your assumption is correct. My question is, what would be the point in doing it now. I want to say first off that in no way am I being a smart ass at all, I am legitmately asking an honest question that I would like your opinion on or anyone else that might have some insight into a company dumping shares. Please feel free to correct me if im wrong but I would think that a company would dump shares on the market after pumping up there company just to make a quick buck. But in this case I would think that you would agree that ccmj is a real company, with real products, and in the mist of a real merger. So again what would be the point to dump at these levels. Obviously we as outsiders do not whats going on as far as this merger is going but ccmj does know. If they know they have great news then wouldnt it be stupid to dump at these levels when they know that as soon as they release the good news that the shares would be worth 10 x's more. Then at that point, I guess if they wanted to dump, then it would make sense because those shares would be worth a bunch. But why dump at .004. On the opposite end of the spectrum, could they be dumping at this level because whatever news they have, might not do wonders for the shares and they figure they better dump at this level instead of lower, later. Again, im just thinking out loud, but I am curious about this situation. Good luck to all and lets hope for some good news one of these days.
Zack thanks for the kind pm. I would respond back in a pm but I have a free account. Anyways, yes I am a true believer and I really cant wait until the special day when the news hits. By the way, my dd is the reason I am still here. I could have sold at 5 with a nice profit, or just flipped this a bunch of times. But my belief in this company made me hold even as it was dropping because in the back of my mind, someone was always telling me " if you sell today and the news hits, your gonna be sorry". So I held, and will continue to hold but also accumulate. I have my money on the side so when it takes off, I can add on the way up. Good luck to everyone.
Im new to posting on this board but I have followed it since I joined IHUB. I was just wondering what you guys think of wm as a quick flip. It looks like its going to open up tomorrow in the 15 cent range but im wondering with the bailout plan in effect, if it is going to make daytraders alot of money in regards to trading wm. Would you wait until it goes to the pinks or trade it now. Any chance of a leh type of bounce.
I would think so. I think we have to look at both sides of the coin. We cant say that since its the wild wild west that if they had good info, that they could keep the good info to themselves until they found a good climate to release the news in. But then on the other hand also say that if they had bad info a few weeks back that if they kept it a secret, that bihc could be sued for not telling the shareholders. If the whole idea of it being the wild wild west applies, then it probably applies to both sides of this coin wether the info was good or bad. I think that they have a reasonable amount of time that the news has to be released one way or another. I think the reason we didnt hear anything sooner was because the deal was not wrapped up. I have been saying this for awhile to myself, but I really do believe that this is the week that we are gonna hear the news. If it isnt the week, then so be it. I'll look it as a buying opportunity and continue to accumulate. Also on a side note, I agree with a poster that posted that info that gets posted has some truth to it. I know that a lot of people come out and say they heard this and they heard that, but I really believe that some of the info out there has some merit. The goodoc has been getting his share of ridicule lately about his sept 23 prediction not coming true. But I do believe that he knows more then the average person. Lets not forget that not only did he tell us that there would be news on that day but he also told us that the company would be sold for more and our divi would be higher. Coincidence maybe, but im leaning more towards the side that says he knows more about whats going on then your average poster.
Im new to posting on this board but I have followed it since I joined IHUB. I was just wondering what you guys think of wm as a quick flip. It looks like its going to open up tomorrow in the 15 cent range but im wondering with the bailout plan in effect, if it is going to make daytraders alot of money in regards to trading wm. Would you wait until it goes to the pinks or trade it now. Any chance of a leh type of bounce.
Just thinking out loud and I would like your opinion on this premise. I think that a lot of us think that this deal has been done and that BIHC is just waitng for the right time to release the news. But wouldnt that be illegal. If they sealed the deal yesterday, 2 days ago, 10 days ago, whenever, wouldnt they haveto let the shareholders know about it. Does this rule apply in pinkyland or is just for the big boards. For the record I think that the deal is done and they are waiting for the right time, but I just wonder if it realistic considering the rules that are place around public companies.
I think I speak for everyone when I say that I can not wait until the news is released. I am so sure that everything is gonna go our way that I just might be setting myself up to fall flat on my face but it would absolutley shock me if this deal didnt happen. I am really lookin forward to when this takes off and my l2 is going so nuts that you cant keep up with the bid/ask screen. I am also lookin forward to coming onto ihub, reading a post, going back to my favorites list, and seeing that there are 10 new messages for ccmj's board even though I was just reading the page 5 secs before. Maybe Im a little overboard but I really envision those things happening and how much fun its gonna be to see it unfold. Then to top it off, I go check out my etrade account and see that it grew my a hundred percent this day, and 2 the next, and 100 the day after and so on. I really cant wait.
So Soldier, whats your opinion on whats going on with this company. Do you think we a bombshell presser that includes a merger, new contracts, etc, or do you think we get the press releases in stages. What do you make of todays action. Seems like with all the buying at 6 yesterday, that it would be natural that we would close higher today but instead we closed out with a pretty decent drop. Are we lookin at flippers or some nervous nellies.
I know I know, im just patiently waiting. I think im exhausted over this whole thing. I think im just going to take the route that when news hits, it hits. This constant thing of checkin the newswire every minute is gettin to me. Im sure there are going to be a million posts when it hits, so I dont think i'll miss to much. Im holdin onto ccmj and bihc until they both hit or until my head explodes.
Im up, its only 9:24 in california, whats happenin $oldier
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Big action going on now. A trade of 414844 just went through
another 79415 buy just went through at .032. The bid is now at .032 with the ask at 33. Only 1 at 33 and then we go to .035. Looks like the eod action is building nicely.
yeah there were 4x 100000 share blocks traded, then a 79400 block and finally a 5000k traded. Wow, I left for 5 minutes to get some lunch, and that happened.
Can someoe explain the small buys
There has to be a reason for transactions that include 5k-10k shares traded. I see these all the time and they dont make sense to me. Just look at the l2. 13/18 of the last trans have included either a 5k or 10 k lot traded. Is there a trading reason for this. Were talking about 32-65 dollars for these little trades.
Hey elwahsh, looks like we are both waiting for news for the same 2 companies. CCMJ and Bihc. I use alphatrade and have the news screen up. I see all this news go by everyday and everytime it refreshes I kind of get a little nervous/jumpy about whats gonna pop up on the screen. I am just lookin forward to the moment that either 1 of our companies pop on the screen with news. Its gonna be crazy and I literally can't wait.
Hey no big deal PLO, you had good intentions and I believe that you believed what you heard. I guess it really doesnt matter at this point, but I am looking forward to hearing what you heard on that day in Vegas. I understand that you will wait until the weekend to let us know about what you heard. I for one, will be looking for that post.
As for today, looks like we have some decent buying going on. My 10 day average shows about 1.1 million shares traded. So far in 47 minutes we are at 431,500. We have 3@30 vs 1@32.
Then 1 at 33 and a couple of guys at .04. Good luck to everyone.
Good Morning everyone.eom
Good Morning Everyone.eom
My good doc told me this today:
"And with the supposed SEC watching every move isn't great how OUR company does not want to get anyone in trouble...Now the SEC better make dam sure the bashers and naked short sellers take a hike on this one....What was it how did it go??? Good for the goose good for the Gander....Great to no ..now your company, gets to watch the SEC....TAKE CARE FOLKS.........GD4 "
Its kind of cryptic but I take it that he is talking about our buddy PLO and a poster saying that he was going to turn PLO into the sec. Maybe im reading to much into doc's opinion but I take it that if PLO didnt have the threat of an sec investigation over his head that Bihc would have released the news today. Who knows right, but its kind of interesting. I guess there's always tomorrow for news but im holding for the long haul. So if it comes tomorrow great, if not, then I'll wait it out. Good luck to all and heres to another up day tomorrow.
almost another mill just went off in 2 trades 5 secs apart from eachother
nice buy of 1,030,000 at 55
Happy to see your around. Your a person of your word. Like I said before I am not going to hold my breathe on the rumor but it sure would be sweet if it happened today. GLTA
Whats up with all the 5k buys. Does it say anything about the trading?
lol, i bought the ask and only got 5000 filled.
Okay no big deal. Im using alphatrade and it shows that last trade at 15:55:36 for 1.6. Maybe my l2 is acting up. Either way I guess it doesnt matter for today. Thanks for lookin into it.