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Same crap as yesterday, 50M shares dumped in less than 30 minutes. There's a big seller, who could it be? Should only need one guess.
300 Million shares in less than an hour? LOL. Somebody's dumping. Too funny.
Have the shares been retired? The PR noted that the 420M shares reclaimed may be used in the merger. So they remain part of the AS, just not the float?
Outstanding Shares
6,900,000,000 as of Nov 8, 2009
Authorized Shares
9,888,000,000 as of Dec 15, 2008
Float(shares)
1,920,000,000 as of Dec 29, 2009
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=rmdm
Pinks are an ATM machine. They are good for picking up quick cash. Nothing more.
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Isn't that only if they're being compensated?
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It will run again when the MM's are ready. How high? You may come out with a little profit. We'll find out soon enough.
Yeah, the long term prospect's of RMDM are pretty much irrelevant, along with Mina Mars reputation. It's had 4 decent runs since December:
Roughly;
.0004/.0005 - .0012 200%-300%
.0010/.0011 - .0018 80%
.0005 - .0010 200%
.0003 - .0008 200%-300%
Big money if you played it right. I think it has one more left. I'll go with a bottom of .0004 before they run it again, hopefully by the end of the month.
They haven't named the merger candidate's? What revenue figures are they bringing in? Are they a public or private company? If the candidate has "assets over $200 million" and VCTY has a market cap of $367,687, how is this not going to be a reverse merger? You're not concerned the information hasn't been released? Are you operating on "blind faith" that what they're saying is true?
The ask needs to be @ .0002 in order to buy the .0003's?
I forgot to add my apologies to FireLane and Marine1. You guys were right. I didn't listen. Still made some profit though.
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Good to hear. Thank You.
Dan, Dave or someone in Admin:
My question may be out of bounds, if it is I'll pay for it I guess. I'm reading a bunch of crap about IHUB being shut down in the wake of Mr. Brown settling a legal matter. Considering where I read it (guess?), I should know better. But, I just wanted to make sure everything with the HUB is all well.
Thanks
DK
Take your punishment like a man!
"their chances of getting a permit to tap the floridan is ZERO"
Why? Where did you find the conditions they won't be able to meet in order to get a permit?
Confirm how you know "there is no production line".
How do you know this? Where is the information so it can be verified? If your reply is the typical, "if you do any dd" then we know there is no truth to anything you're saying. You must have gotten the information from somewhere. Point us in the right direction so we can confirm this.
Why pay for it at a higher price? If you're confident that it will rebound, bring on the 000's.
What? Wait 2 years for what? You can't be talking about this stock, you just bought in back in December.
"New to this board and bought into RMDM a few weeks ago. I originally invested with ARSC but was going no where."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44274869
I didn't know "negative" feelings weren't permitted on the board. Bashing is one thing, owning the stock and expressing feeling about someone's own position is another. The wait can be tedious, this action (8 days sideways) can get to you. I'll give it to the end of the week. If there's no movement, I'll sell half and let the other half sit.
exactamundo
"looked into the stock a bit"
How hard did you look? If you checked their recent history you would know that they cancelled an R/S recently. They are committed to reducing the OS and float. The float was over 5B and is now down to 1.9B. They also adopted a no dilution policy until 2011.
If they put their label on water that was bottled by another company, that means they aren't releasing it? Are they going to put a label on it and that's it? That's the end game? How? It will never be sold?
That's the point. Call the MM's and ask them if they are real? Like they would tell someone if it was real. Hence, the signals are BS.
You're not going to find any concrete evidence out there, for or against. My favorite is the, call the MM and ask them. Even if there is a bit of truth in them. I would say they fall along the lines of "trade secrets". Only the MM's know and them being shady little.......well you get the picture. IMO, I wouldn't put much stock in them. However, most rumors start from a little bit of truth.
Signals are mainly BS, here's a few links:
http://www.thepennystockblog.com/signals.html
http://www.hotstockmarket.com/forums/showthread.php?t=59535
Stupid Question:
What does the green volume bar on the Intraday mean?
I agree, that was from Barcharts. Our resistance level on the way up was .0014. That became support after we passed it.
Snap Back?
Drop in the morning around a low of .0014-.0015, and back up in the afternoon, no pull-back for an entire session (or multiple). That's what I'm hoping for.
The float used to be 5B, I don't know how long ago that was (before I bought in). I do know that just last week the float was listed on Pinksheets.com as 2.2B. Then on Wed. it was lowered to 1.9B. No PR or anything. There are always pullbacks and we just had a good run. How big a pullback if there is one? What's the support level .0014? That was the prior resistance, so it's probably a good spot. Nothing wrong with taking profit if you can or dare.
Between 9:30-4:00, that's the only time bid/ask is important. Sometimes it will give you an accurate reading, but that's usually just before the market opens. Gaps aren't gaps until you actually see them.
Incorrect, this is the current share structure:
Estimated Market Cap
$8,280,000 as of Dec 29, 2009
Outstanding Shares
6,900,000,000 as of Nov 8, 2009
Authorized Shares
9,888,000,000 as of Dec 15, 2008
Float(shares)
1,920,000,000 as of Dec 29, 2009
Number of Shareholders of Record
6,770 as of Dec 7, 2009
Most likely, the MM's are talking to each other.
If they plan on diluting, why did they reduce the float from 5B to 2B?
As do I, lets get as close as we can to the next resistance level, a PR will push us above and we can make a higher base.