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I like your sentiments...I am long and patient I just like to see some little progress every now and then to keep me hopeful. I think we will start to see this soon...otherwise I wouldn't be here. Once the revs start coming in all the bad stuff will be forgotten.
OK...place your bets are we going to see the great wall of BMAK on the ask @ open?
Ummm...if you bought 5,000,000,000 as you stated in your example you will have 50,000,000 after the split. Clear as mud.
I always have this vision of him going out and coming back with another trunk load of certificates to sell.
That's because he FINALLY RAN OUT OF SHARES WOO HOO!
That's a little like having money in your left pocket for food and money in your right pocket for booze. It's all the same money...they are all the same shares.
Here is a link to some really good information regarding trading and level 2. I found it helpful.
http://investorshub.advfn.com/Level-2-education-10298/
The worst part about when BMAK camps out on the ask is that we have no idea how many shares he has to offload...it just kills me to see him sitting there all day. Nearly 5 million down so far and still going strong.
OH NO HE'S BACK!
I noticed that too...Gone! (at least for now)
What is the Murphy report?
First post of the day to elicit a smile from me.
The instant gratification generation. I remember having to look in the newspaper for your stocks and it would show the pertinent information from the prior day. Now it's real time level II all day long.
I am not claiming that Benny alluded to a RS but anyone that looks at their current share structure can see that the only path to uplisting includes a RS. Do you think this company will support a market cap of 3 billion dollars in our lifetime?
They do what they have to do...if you don't want dilution how do you propose they get operating cash? You dilute until you have revenue or at the very least receivables on the books. There aren't many ways to generate operating cash other than dilution. We just have to hope it is near an end. Unfortunately, once the dilution stops the next thing they will want to do is get uplisted for more exposure and credibility which will require the dreaded R/S. This is just a fact of life...having 3 billion shares outstanding doesn't do anybody any good.
What is with the BMAK bookends?
My guess is that the person I spoke to even after "making a call" new just as little about when it would be as I do.
LOL! I just talked to Scottrade and they told me it would be September or after before the shares are available for trading.
In layman's terms a ratio represents, for every amount of one thing, how much there is of another thing. For example, supposing one has 8 oranges and 6 lemons in a bowl of fruit, the ratio of oranges to lemons would be 4:3 (which is equivalent to 8:6) while the ratio of lemons to oranges would be 3:4. Additionally, the ratio of oranges to the total amount of fruit is 4:7 (equivalent to 8:14). The 4:7 ratio can be further converted to a fraction of 4/7 to represent how much of the fruit is oranges.
So for everyone that is saying their shares are worthless...they are worth the same thing they were yesterday. Instead of having 100 pennies you know have a nice crisp dollar bill. Few shares but they are worth more now. There is no guarantee that the share price is going to drop significantly just as there was no guarantee of share price movement yesterday.
The only difference is that you can't do anything with the shares you already have...FOR UP TO TWO WEEKS while the accounting procedures are carried out. You are welcome to buy more and add to your collection.
P.S. This is how math works.
The problem is the people watching it probably all have shares already. We need more people coming in because of genuine interest. New blood!
We see what we want to see.
Even the great orator Barack Obama says uhh uhh all the time and he is heralded as a great speaker...means nothing.
BMAK is once again not doing us any favors.
The way I look at it is if it moves it won't matter whether it is .0002 or .0003. I just jumped in both feet...according to the Level II there was a long line ahead of me vying for .0002's.
Only if each one is for 27 million shares.
Not much action for BAYP today...two trades :(
Well there you go!
Anybody check the OS/AS today?
I don't mind waiting I don't mind being patient...I just don't like seeing BMAK sitting there at the open. That takes all the mystery out of it.
Awesome...BMAK is going to kill us again today.
#BOOTONNECK
Where is all this volume at .0017 coming from?
I thought 90-120 was only in the automotive industry...lol.
When a marker Maker sits there with a magic 10,000 offer and sells millions of shares do they show up as volume as the trades are made or do they show up when the MM is done dumping their shares?
I wish I had the self control to NOT check this stock constantly!
I look forward to the day when I look at the level II and DON'T SEE AN MM WITH AN OFFER of 10,000 sitting there for hours.
He has definitely done enough damage for two days!
I guess I will cancel the boat and the RV...lol...J/K!
More likely BMAK dumping zillions more shares.