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You do not show what the $140K profit
would have made me if I reinvest it and make $1.2M on my $140K profit selling it to you and not holding for a year.
Which is what happened with PAIM, PAIV. Investment netted a nice 1.2M in 7 weeks.
I am happily paying my 40% short term capital gains taxes of $480K on my $1.2M and continue on to the next one.
Best Regards and thanks for buying from me at those price levels.
Not a buy or sell recommendation.
Thanks. Reason is O/S count does not show
correctly the naked shorts amount @ SMMW until the new regs. were implemented in July. Regardless of potential revenue or even current revenue from a company like SMMW, money is to be made on pps increase on eliminating total O/S, thus forcing naked shorts to cover. If a stock has a large O/S base, and nothing is being done to control it, the naked shorts can play the stock all day long which has been the case with SMMW, and most recently with PAIM. PAIM stayed @ .0001 for 5 weeks until announc of buyback and timing of new regs.
The combination of the new sho reg. in place and PAIM buying back 90% of O/S, forced a chain reaction of naked shorts to cover. The naked shorts had to then try to find shares to give back on what they orig. borrowed, and with now only 10% avail. scrambled and bought all the could to minimize losses. Supply demand rules apply and the pps popped from .0001 to .0009 in days. Yes, it came back down, but not interested in that only the short term upside potential from naked shorts trying to cover their position. Also, SMMW hiring Donnelly Assoc. as new T/A to aggressively go after naked shorts also shows, yes there is much naked short selling with SMMW.
To combat the naked short position and force them to cover, companies like PAIM and now SMMW or buying back significant share count to reduce the float. This creates a pool of available shares that are shrinking. If you have 40B shares avail and 100B naked short shares outstanding, and now the naked shorts have to actually show they own these shares or face fraud charges, guess what happens. Rapid PPS increase.
Now, I believe SMMW has many shares which are naked shorted, which in fact as anyone knows, are really made up shares. As the real float diminishes, and the SHO new regs demand disclosure, the ones who naked shorted have to provide proof they actually own X amt. of shares, or face fraud charges. They will then be forced to buy up as many shares as possible to show these shares exist. But, if as in the case with PAIM, there are less real shares available than the naked shorts have fabricated, naked shorts scramble to buy all the can. This creates the pps increase and fast money for us.
Noone buying pennies should ever look for a long term position with the stock. IN/OUT-Next. Use the leverage created by new regulations on these bastard naked short sellers. It just so happens with SMMW, it is a pinkie company with real revenue, which is an added bonus to real value of the stock price.
GLTY / Not a buy or sell recommendation.
The walmart application is waitng for you.
If you also are a paid basher, you need to reevualuate your life's ambition. Give the $ back. Lousy job.
Many of us have been holding for some time and then you all of a sudden appear, just prior to the news on approval of Dailan project and Frankfurt exchange go ahead. MM's pushing to keep pps down with bids and asks @ ridiculous prices.
Those of us who have talked to Larry directly know exactly what is going on, and is for real. Confirmation from Dailan owners on approval of sale to EQBM on tailings and confirmation of environ. approval from China on extraction process verify this is for real. Why don't you do your DD first and then comment, otherwise, Walmart is waiting for you!!!!
Not a buy or sell recommendation.
Naked Shorts are the catalyst, period
I cannot believe I come back to read such bs on this board.
Revenues are the key, ski resort, blah blah.
The driving catalyst behind short term large upside to pps on this stock is the co. to buyback as many shares as possible at these low prices and force naked shorts to cover. Only because the new regs dictate disclosure and naked shorts have to cover will drive these subpennies. PAIM, PAIV and others do not do a 8+ bagger because of revenues or blah blah, it was a huge buyback from the co. which forced the naked short bastards to cover. The smart holders of those stocks knew this and forced up the pps. The naked shorts still had to buy the shares so continued to buy as the pps went from .0001 to .0006+. Same with SMMW. Donnelly Assoc. (same as hired by PAIM/PAIV) hired by SMMW to go after naked shorts who have played the pps. Donnelly Assoc. is not cheap, and SMMW now has made them the primary T/A.
Right after news that Donnelly had been hired by SMMW, SMMW had PR stating a 4B buyback to start, and would continue.
Yes, revenue of 2-4M is not bad for a subpenny, but the big issue is the naked short squeeze. The squeeze trigger price for this stock per Buyins.net is .00015. Many trades show at .0001, but maybe .00013-.00018+ because level II does not show amounts greater than 4 decimal out. The audit report is clean and pending, and the buyback has increased 10 fold and continuing. With a larger O/S count than PAIM/PAIV, it just takes a few days longer to get to the PIVOT point where the pps pops. Naked shorts are going down...
Not a buy or sell recommendation
Bill Gates started out of a garage-get a grip
Microsoft started out of Bill's garage. To take time on this board with your rheteric is so irritating.
If you base investing on this philosophy, wow, song of the truly desperate.
Bottomline is to be smart enough to investigate real #s, which comes from checking website of DK, seller to EQBM on china deal, and the eng. reports on Red Lake and Dailian project, which accurately show potential here.
Larry has found a niche in the tailings of Dailan project, and received environ. govt. approval verified which is a feat in itself. NO large gold co. would take the time to utilize the tailings of this project, but it will produce est. $19M a year in revenue. Divide that by 300M shares and .05+, 5X current price is the real pps value of this stock. The red lake project and Bonanza ppy are a bonus, thereby increasing share value. If you are a paid basher, give the $ back. Lousy job.
Not a buy or sell Recommendation.
Naked shorts will drive pps
You are correct, CMF and ACCUM is increasing huge now. But, the reason a stock like this will soon pop to .0005+ is that the naked short position is getting squeezed. Momo from this pressure is what drives pps to pop a 5-9 bagger. Paim, Paiv, others did not pop on news of blah blah. It was large buybacks thus limiting real O/S count. And with new sho list and disclosure rqmnts., naked shorts have to gather shares any way they can, and cover. Example is the PR from Paiv of a 90% buyback of O/S. It took a few weeks but finally the naked shorts could no longer continue to gather shares and the pps popped, because holders of the stock would not let it go for less.
Same with SMMW. Dan did not hire a pricey co. like Donnelly for no reason, and then make them the T/A. Dan is going after the naked shorts. Per Buyins.net, squeeze trigger price is .00015. And, right after PR that SMMW hired Donnelly Assoc., SMMW released PR stating they would be buying back to "start", a minimum of 4B shares. Current buyback amt. now at +11B shares. You are correct that the pressure is on. But its up to us shareholders to not allow buys at .0001-2. Place asks at .0003+ and stay strong. Plus, over the last weeks, some sells from weeding out the "I went to a teach me to trade seminar" and they told me to take my bs profit. NO guts.
Not a buy or sell recommendation
Thanks. However, need update to keep informed
Sounds like alot of info from John. However, not keeping all informed with PR update makes no sense. Interesting that John would take so much time to talk to you at length, but where's the informational PR to address pending items.
If the co. opens its mouth and earlier states likely mid july for completion of possible merger, than the co. should have the business sense to keep communication going, esp. with delays, by releasing followup PR's updating status.
Otherwise, it looks like a pump with no facts. ARET started it with their PR promoting the possible merger. The co. should either follow thru with updates, or keep their mouth shut completely. 40minutes on the phone w/CFO and he doesn't have the time after opening his mouth on a PR in early July to follow thru with an update PR. Needs to go back to business school. I thank you for the unofficial update but complete BS how this co. is handling itself.
Best Regards.
Not a buy or sell recommendation
Naked shorts will change pps.
Why did Paim/Paiv run like it did. Revenues, or other strong fundamentals or technicals. NO. Naked shorts had to cover, period.
The play here is the naked shorts have to cover and the short squeeze price is .00015 per buyins.net. SMMW hiring Donnelly Assoc. is not cheap and the purpose is to nail the naked shorters period. 11Billion to date buy back and continuing with CEO of SMMW pushing to acquire as many shares back as possible. Sun-Mon will see big PR addressing hiring of Donnelly Assoc. and the kick ass of the naked shorts. PAIM sat for weeks @ .0001 and then suddenly everyone said how great it was and talked about, top IHUB board blah blah and was a 8X bagger. Why. Naked shorts had to cover.
The traders selling at .0002 did exactly what there loser Teach me to trade seminar doughboy taught them. OH, the song of the truly desperate. So many sheep in this country.
I'm curious why you have posted on this site first time now?
If you don't own any shares, why take the time to post?
Not a buy or sell recommendation.
Best Regards
Size of trade is key! Buyback share count +11B
The MM's are selling to each other as much as possible. If you are trading 9-50Million+ shares and are an MM, then you will be bought and sold all day long. The smaller traders will not get filled. Your fill @ .0001 is unique, and is the scraps of the bulk of volume trading daily. It could be Scottrade inventory.
Your sell order for 1M @ .0002 is so obvious a retail trade= $200, and has not been filled because you are not an MM, and they know who each other are. Again, also depending on the total O/S count, it may take time to get a sell order filled. For a minimal trade of $200; when MM's are trying to keep pps down, not likely to happen. MM's can see where the trade is coming from, and if a retail trade may pass up to control pps.
MM's have specific #s on total current O/S count and how many remaining to buy back and forth with. Ceo of SMMW is also trying to buy up as many shares as possible at the lowest price. MM naked shorts and SMMW are battling for control of current O/S. Because naked shorts can no longer play the game of fabricating shares, tug of war continues. SMMW hiring Donnelly Assoc. is huge. This bull shark will rip naked shorts a new one.
PPS will rocket at a pivotal point next week when naked shorts can no longer buy any more shares back to cover. Squeeze trigger is @ .00015, so tight, pressure!!!!!
As I stated earlier, like Paim and Paiv, it takes time to ring out the bs naked shorts thru buyback consolidation and once pivotal point of share count is reached, boom.
Not a buy or sell recommendation
EQBM-Chart says it all!!!!
Like to pick up first condo!!!
As Squaw Valley where I'm from, like to ski directly from my condo to run.
Best Regards.
EQBM-Chart says it all!!!
Plus, pending PR out on Dalian project with Est. annual revenue of $19M / 400M O/S-100M restricted= .05 pps, 5X current.
Best Regards
Not a buy or sell recommendation
EQBM-chart says it all~!
Best Regards
Not a buy or sell recommendation
EQBM-chart says it all!
Plus, PR pending on Dalian project w/projected rev. of $19M a year/ 400M O/S-100M restricted= .05pps, 5X current pps.
Best Regards
Not a buy or sell recommendation.
EQBM-Chart says it all.
Plus, pending news on approval of Dailan project w/ est annual revenue of $19M/ 400M O/S -100M restricted = .05pps, 5X current pps.
Best Regards
Not a buy or sell recommendation.
EQBM- Chart says it all!
Plus, pending confirmation news on EQBM's china Dalian project with est. $19M a year income. 400M O/S with 100M restricted = .05 pps, 5X current pps.
Not incuding possible revenue from Red Lake project and others.
And again, ck chart, wow.
Not a buy or sell recommendation.
Best Regards
No patience. Traders want immed. kaboom
When I read the posts it is amazing how much lack of patience traders have. Paiv/Paim took a few weeks to create enough strength to take off. And what happened. 8-10 bagger.
Just because you bought a few days ago does not mean it pops to .004 immed. The proper actions are being taken by Dan in hiring Jack's co. Not cheap to do so. Plus, the level II shows continued buying from both MM's buying from each other trying to cover their short position and Dan trying to absorb O/S amount. This is confirmed by level II trades daily. Right after PR that SMMW hired Jack's co. there was a PR that SMMW would buyback minimum of 4Billion shares to start. Plus, MM's selling to each other when retail investors cannot pick up shares.
Dan looking to buyback as much as possible which will continue to create a short squeeze which per buyins.net is @ .00015.
Look how many stocks after weeks of accumulation and then once announced as a "great stock" popped on Ihub. The ones that make real money buy in and give it proper time to pop. Or, sell and chase the next promoted stock that already has premium built in. Can't have it both ways.
SMMW did not hire Jack's co. for no reason. A definite agenda in place, which is proven with PR of 4Billion share buyback to start. DUH
Not a buy or sell recommendation.
Yes, bought 45m thru ameritrade.
Looks Naked shorted maximum.
GLTY
Not a buy or sell recommendation
Looks naked shorted....
GLTY
Not a buy or sell recommendation
EQBM-Chart say it all!!!!
EQBM-Chart says it all!!!
EQBM!!!!!!Chart says it all
EQBM-Chart techs awesome!
CMF rising last week. MACD ready cross centerline. Vol and Accum up.
Plus, pending news on completion of Dalian project, worth est. $19.2M in annual revenue= .05 pps with 400M O/S.
Not a buy or sell recommendation.
Best Regards.
EQBM-Chart says it all!!!
CMF rising consistently. MACD ready to cross 0. Accum. and naked short cover.
Plus, pending news on Dalian project with +-$19M a year in revenue. With O/S at 400M with 100M restricted, value of pps @ .05+, 5X current pps.
Not a buy or sell recommendation.
Best Regards
Fight btwn Dan and naked shorts
The buying up of shares @ .0001 and .0002 is between Dan and naked shorts. The naked short MM's are buying from other MM's and Dan is trying to buy up as much as possible also. Once a certain point is reached where the MM shorts can no longer buy any more, the price will pop. Many times there were 9,999,999 trades at .0001 but retail buyers at this price could get none. Plus many buys at .0002 also in the 10M share range whenever possible. Naked shorts scrambling for shares against Dan's buying as many as he can back.
This IMHO, is the strategy from Jack's company who took on Paiv shorts as well, and now SMMW, and why the PR from SMMW announcing they would buy back add. 4B shares. Announcement came right after Jack's co. was hired by SMMW to go after naked shorts. Services like that are not cheap and SMMW must have a good reason to go after a hired gun to take on the shorts.
Once absorption occurs which is near term, kaboom.
Not a buy or sell recommendation.
I emailed Don directly.
Will advise as to response.
Shorts crying out for shares @ .009+
More than once in tuesdays trading, MM's called for shares needed @ .009+ to sell off their short position. Great sign of squeeze occuring, finally.
The naked shorts will push the price up much faster and farther than any PR about the China deal. The China deal announcment is just a formality. The minipulation of this stock price over the last few weeks by naked shorts is unreal. My opinion. NO. Tracking the level II trades and testing the bid ask and being passed up several times for a lower bid is proof.
Now, you holders its up to you to be strong and if selling put your ask at .05. The reason Paim, Paiv, etc popped so much is holders of shares knew what they had and did not weaken in their ask price. As naked shorts see their position in peril, will pay more and more pps to get out of their position. This is how it works in pinkie land. Plus, holders post your opinion and upside thoughts on Cashcow, Pennyland, OTCBalerts, Earlybirdspecial, EZtraders, etc.-top boards on IHUB. Make your thoughts known!!!
GLTA, Not a buy or sell recommendation.
Best Regards.
Your post is incorrect.
I read your post on EZtraders and to say that EQBM will be getting 35% of $19.2M annual revenue is inaccurate. The PR stated EQBM will generate $19.2M of the total revenue equating to (35%), not $6.5M.
The PR states revenue to EQBM will be $19.2M annual/$1.6M per month. The PR DOES NOT state that OF the total of $19.2M, EQBM will be getting 35%.
With the rampup of 3 production lines to process the tailings, this project will produce solid revenues. As I stated before, EQBM saw an oppty from this project, which the big gold processors would not take time to go after. At 400M shares outstanding, with now 100M to be restricted, $19.2M a year revenue/300M outstanding shares = .0645 pps., 10 X what it is trading for now.
Best Regards,
opinion only, not a buy or sell recommendation.
Be CLEAR-Co. does not buyback w/pend. R/S
Business wise it makes no sense for a company to buyback shares and also promote it with a R/S pending. After SMMW hired same firm as PAIV, were instructed to buy back as many shares as possible. Only 10% of daily volume can be bought back by a company at a time. If you check the level II shares bought, you will see consistent 9M share purchases at .0001/.0002 all day. But, many traders seemed to be able to not pick up any shares at this price. Accumulation going on. Naked shorts panicking.
SMMW committing $400,000/@ .0001= 4billion shares is just the start. Interesting how right after hiring the same firm as PAIV, SMMW commits to large buyback. This stock has been naked shorted to the max, and yes the price has not gone past .0002 in last 5 days, but check accum increase over those 5 days. Huge accum. and added strength in technicals. Even PAIV took awhile to finally pop. PAIV had such a pps increase because naked shorts had to cover and PAIV bought back a huge % of o/s.
And such a sweet sign is the big increase in bashers, all somewhat new to the board. Shorters hire bashers and bashers are paid by performance. Even paid by how many post responses they receive back from their posts.
How much of shares are naked shorted? All bashers say too many o/s for price to increase. Many stocks have skyrocketed with 10 times the o/s this stock has. The biggest point is SMMW has hired the top firm to directly go after the naked shorters. My take is CEO of SMMW will look wherever he can to find $ to buyback even more shares, creating bigger short squeeze. Already determined by Buyins.net that short squeeze trigger price is .00015, and at the current o/s level.
Only a matter of time for upside IMHO.
GLTA, Best Regards, not a buy or sell recommendation,opinion only
Good ques.
1) Insider selling in large amounts is not a good sign. However, the amount of insider selling is minimal and at the peak of certain T/A trends. Taking advantage of the technical trends, and knowing that the merger deal is pending, but also knowing it would not be out prior to the retracement of pps is likely an answer. Plus, $9,000 insider sell is nothing. Could be for graduation of child, college tuition, taxes owing. 7 m shares sold at peak and a buyback at the retracement is common. The CEO, others in the company know the system, more so than the smartest trader. The insider sales over the last 3 months, the majority prior to the potenital merger is not consiquential.
Trading period is based soley on chart technicals, pending news and momo on pinks/OTCBB stocks. Website down to me indicates a transition of companies. Good sign if merger is being completed. Yes, Arete should have had a temp. site explanation, but many companies fail to provide this during transitional phase.
The biggest difference is your 6 yr chart comparision. Short term activity of much higher volume and macd and CMF. All show a higher low end with much greater volume which dictates pps appreciation and anticipation of future earnings potential. Current Bid is higher than close which is good sign.
CEO has stated to some posters here that merger is real and near completion. Also, CEO stated had hoped to have merger info by mid July, but is certain info out near term.
GLTY / Best Regards
Not a buy or sell recommendation. Opinion only
MM's did make $ in last two u/t.
Your questions are valid but please understand the nature of the short/naked short seller, specifically with EQBM. I know from FACT that the MM's have minipulated the pps thru the last 2 u/turns and currently. Why? Many bids at higher levels have been passed over and lower bids have been accepted. I have tested with small share bids many times as pps was increasing, and was passed over for lower bids. This creates a psychological negative and traders think best to bail or not to invest, driving down the price. Shorters are taking every oppty to bring the price down and get rid of shares consistently prior to news. Every short term delay allows them to continue. I believe that's why CEO put gag order on T/A on o/s. Also why CEO asked that investors register their share count with the company.
Regular traders are gun shy to invest while at the same time the technicals of this stock are getting stronger every day. The latest charts show a SBTG type accum. and MACD base @ centerline prior to news.
CEO of EQBM thought it best to gag the T/A on info of o/s to not allow naked shorts to know #s anymore. Yes, some stocks get hyped up without real news, but the deal in China is real. No CEO would hype a stock with specific revenue #s and o/s count on a taped interview. Liability is huge. PR's are one thing but for the CEO to be that specific is another.
Plus, just going by Chart technicals alone this is getting juicy.
Best Regards. Not a buy or sell recommendation, opinion only.
b/a gap is largely because of MM's
Ok, if your getting picky, .004 I believe was the low intraday at one point. I do not look only at open/close price but whos buying intraday, and what is their motivation.
The MM's played this from .05 over the last few months. In monitering the level II daily, a pattern developed with bids being passed over, and lower bids filled at certain intervals, driving the price down.
Maybe you can tell me, why would numerous bids be passed over for lower bids consistently, time and time again. And to gag the T/A IMHO is CEO using what he thinks is best to stop BS from MM's, shorting this stock while awating solid news.
But then again, you have been negative on this stock over and over as well, as past posts show.
Opinion only, not a buy or sell recommendation.
Oh, the song of the truly desperate!
How much do you get paid to bash stocks? Get a real job.
Not only is the info real on the merger, the T/A analysis of the chart movement is sooo strong. I do not base any info from posters, only the CEO who apparently confirmed the merger is in place and hopefully PR out today or by monday latest. No CEO would just put out BS to make the stock u/t shortterm, only to be hammered down if did not perform with information put out there.
Out of the blue comes Pedro2004, where you been previously.
So transparent. I look back over the last month and see now postings by you, and then suddenly.....
Opinion only, not a buy or sell recommendation, do your own due diligence.
Chart telling story~!
Look at the increase in MACD and CMF. Other reliable indicators such as Aroon and Accum. Bracing for large upturn with pending news. The trouble with most traders of pinks/OTC's is any short term delay and they think "Forget it".
Not so with EQBM. The T/A techs on the chart alone suggest a consolidation and major u/t soon. Most pinks and OTC stocks are driven by MOMO, volume, change in chart trend, period. With est. $19M in annual revenue from Dalian project/400M shares=.05 pps, or 8 X what trading for now. And the smart money knows it.
I know alot of investors in this stock so frustrated with downturn in pps and then basing, but the chart now is setting up for major u/t, IMHO.
Plus, more importantly IMO, seeing the trades @ level II being messed with by MM's (ie-bid @ .0056 passed up and .0042 bid
taken, over and over is BS.
Best Regards-Opinion only, do your own homework. Not a buy or sell recommedation.
EQBM/ARET/AWBV-Charts don't lie
Check the T/A chart techs on these, plus pending info out short term.
Opinion only, do your own homework. Not a buy or sell recommendation.
Best Regards.
EQBM/ARET/AWBV- charts don't lie
Check the T/A charting on these.
Wow!
Opinion only, Do your own homework, not a buy or sell recommendation.
Best Regards.
EQBM/ARET/AWBV chart does not lie!!
Check out the T/A on the 3 month+ charts. Strong upside with increasing volume. Strong MACD, CMF, and ACCUM. Enough said.
Plus, short sellers getting squeezed is icing on the perverbial cake.
EQBM -pending announc. 8/2 on Dailan project. $19M annual revenue/400M shares =.05 pps. 8 X what trading for now.Heavy short selling IMHO.
ARET -announc on merger with oil co. w/ est. revenue of $74M
a year.
AWBV - shares shorted over last 3 mths. Typical voume consistently was +-9M a day. All of a sudden 192M shares traded, etc. Somethings up. Heavy short selling IMHO.
Best Regards, do your own homework, not a buy or sell recommendation.
Agree. The MM bs last weeks show the true story.
Larry gagging the T/A is because he does not want the MM's to know total shares outstanding, authorized, and trading at this time. Facts don't lie. The level II-III trades tell the story. Many times bids have been passed over for lower bids by MM's, driving the pps down on purpose. Total float and O/S is critical. And the technical indicators with this stock are all upside.
So many posters are relieving their frustration by venting, which is understandable. Many bought at .008-9 thinking it was the bottom. Consider the source always. The MM minipulation of the pps has caused the gradual decline, feeding off the delay of the strong PR announcement. Bottomline again is the china deal will be announced 8/2, and the conservative revenue estimate is +-$19M a year=.05 a share value @ 400M shares. This is 10X what it is trading for currently.
Plus, the T/A chart info shows a pending shotgun rise of pps.
GLTA, not a buy or sell recommendation.
NO r/s For the 6+time CEO has stated
there would not be a r/s. SMMW did not hire topgun firm who handled PAIV's naked short bs for no reason. The 3.6B shares shorted does not include all the naked shorts which are invisible until the sho list dictates, now that MM's most disclose. This stock has been naked shorted so much. Why, investors ask has the pps not popped yet. Because it takes time, look at PAIV, etc. Did not pop big time immediately. The next couple days will expose the true huge naked shorts.
I saw .0003 trading at points today. Never in 12 months has this happened. Every poster I have read who bashed this stock is always promoting another stock which they own. Why would SMMW pay a large premium to a company to go after naked shorts unless it was for real. Its up to current shareholders to hold the MM naked shorters to the fire by continually upping the ask.
Good luck to all. Not a buy or sell recommendation.
shakerzz-are you really only 21 yrs old.
per your membership. If so, wow. I must congratulate you on learning that by creating a following of sheep, the price of anything you PR goes up. And all the sheep that follow you, congratulations to being a typical american. "OH, I want the cadillac Denali, then I'll be something.