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Yup...would save alot of folks some pain every now and then.
-Dave-
1.6 filled on the ask...my order's at the bid now.
-Dave-
I got an itch...I think another 5m shares should scratch it ;))
-Dave-
1 at .0007
I think it's Tennessee if my memory serves me correctly..I'm in NC. PMDP is based in Winston-Salem right?
-Dave-
LOL....grabbed some LLEG on break over the highs. Still holding..I like what I'm seeing over there. But I promise...these are the only two I'm buying....geeeeez I'm like a reformed gambler walking back into a casino......
-Dave-
Seems to me those that picked up in the .0003's are taking their doubles...No problem. Gets them out of the way. Another's trash is another's treasure ya know.
-Dave-
Appears to be....plus they're HQ is only about an hour from me so I just might drop in on them one day to see what they are up to...Still waiting for the other shoe to drop on the big boards. This PMDP ointment will do just fine till they pick up. Will add more after I watch it a bit.
-Dave-
How r ya Tex! Long time no talk. I'm in...got the stinkie pinkie itch I guess. This seems as good a place as any to get it scratched.
-Dave-
My .02......straight up play. DBA Jan 10 ITM 25 calls...Although DBA has been in a massive basing/consolidation pattern since last september I would wait before grabbing them...looks like it wants to pull back a little bit and you can get it cheaper. DBC is pretty good too but, it's heavily weighted in fuels and near/mid term I'm not to optimistic on crude. I also like the refineries. They've really underperformed compared to the rest of the energy space. At some point inventories are going to be worked down...the question is how long are you willing to wait. Also, you can never go wrong with a little bit of FCX :) JMO
-Dave-
Bill....is there any reason you didn't get out of your car and walk up to the vats to take a closer picture?
-Dave-
It does if they're using the revenue to pay off the TARP and get uncle sam off their back. It's not like they can't reopen or repurchase them in a few years. JMO. GLTA tomorrow.
-Dave-
Yes we have...especially you and a couple of others. That's why I think it's hilarious when others call some of us koolaide drinkers. The lengths some here have gone to insure the legitimacy of their investment in EESO is commendable.
-Dave-
And that's the difference between you, oneinamillion, DD, MCSR, and a few others here...when you recieve information you share it. Be it good or bad. The difference between posters like yourselves and 'them' is that if you actually found evidence of 'unregistered shares' or some other scary terms, you would post it and link it. The others spout out gloom and doom nonsense with no evidence or facts in the hopes some poor EESO shareholder gets scared and punches out. The sad fact is that some probably have because they heard some 50 cent accounting word that scared them. A sadder fact is that most of them claim to be here to protect the investors from themselves when in all reality, they are trying to do nothing more than screw the investors of EESO. My point is that I have faith in the long term investors and posters here to post relevant information. Even information that can be percieved as bad and that's what new folks here need to pay attention too. Newbs....do yourselves a favor and check posting histories before you hit the sell or buy button. You'd be amazed at the recurring patterns and posts regardless of the stock.
-Dave-
HEY LANG!!!!!!!!!!!!! Wow I picked a good day to take off.........
-Dave-
Neither does the CEO of RIMM.......
-Dave-
Oh EDDIE....you know you and I go way back...do you really want to go there?? I mean, I woke up this morning and I said 'I WILL NOT MAKE EDDIE LOOK STUPID TODAY"...don't make me break my promises to myself.
-Dave-
There are no shares being sold into the market by EESO..the manipulation he is speaking of is about the type of posts you just put up. No facts, no basis, and no foundation. THAT manipulation.
-Dave-
LOL....someone needs to buy another crystal ball don't ya think?? LMAO!!
-Dave-
What up DD! Spooky on station................
-Dave-
They should have listened to you last year huh? If you were dead wrong then, why would you be right now?
-Dave-
Actually, it's really simple Jim. However, some don't want it to be simple. That's irrelevant though. The fact of the matter is that EESO made a run from .0005 to .05 in just about a month. EESO has now settled into another trading range that is well above that .0005 level and has stayed there for over two months. That level to watch for those who actually care about the stock is the 13 dma.
I see nothing that says dilution. For me, the proof of this is that the stock is actually able to rise with buying pressure although, at certain levels it begins to sell off. This is from nothing more than traders loading up at the 50 dma or the 13 dma which has floated around the .013-.016 and then selling on breaks over .02. Another important point to note is that the selling usually occurs towards the end of the day and has a direct effect on the closing prices. Again, the classic footprint of a stock controlled by day and swing traders. Anyone who has ever been on the recieving end of dilution knows that the incessant selling that is characteristic of true dilution will break the back of a stock. This stock's back is far from broken and buyers arrive in flocks at certain levels. Most importantly, those levels that the buyers arrive are far higher than the days that some of us here remember well. People are paying up for the stock. I also remember the same ones here now calling for the stock and the company's demise were the same ones saying we would be looking at 'no bid' by end of year.
I'm seeing plenty of red flags but, they're not from the company. Folks can throw out all of the fancy accounting and SEC terms, and pinksheet horror stories they want to but, the proof is in pudding. The stock is healthy and IMO getting healthier. Trade what you see Jim.
-Dave-
Very possible but, that's going to be pushing it. Like BullnBear..I spent most of this week going line by line through their 10-k...it's really not that bad and looks better than quite a few of our financial institutions out there. It definitely should be trading higher than where it's at...But, C has several things going against it..fear of nationalization, (Not gonna happen IMO) horrible overall market conditions, and the stock is trying to price itself for the impending dilution after the conversion of the preferred shares. One thing to remember, the situation is almost always better than what the market thinks it is.
-Dave-
Thank you..I've just heard about all the doom and gloom I care to hear. It's becoming way overdone. But, that's usually a signal that we're about to rally. IMO the place to be for that inevitable rally is the financials. They are the ones that are truly overdone in this market..the short interest on the financials is incredible. All it's going to take is for the right piece of news to spook the shorts and the financials will absolutely explode. That's my short-mid term view..long term, I'm loading up on the materials/commodities. IMO That will be one of the few safe places to hide once our economy moves into the inevitable inflationary cycle. However, I will still keep a core of financials long term after selling portions of them into a rally. The financials I hold are C, BAC, and JPM. Also have a fair amount of the financial etf UYG. GLTY and hang tight...We might go lower from here but, I think we're going to get a mind blowing oversold rally within the next few weeks.
-Dave-
I'm not very young, and I don't believe I'm a punk. I also know more shit than you think I do. I have read just about every book out there on Market crashes, recessions/depressions, and financial panics. I'm sure I haven't read all of them but, I will sooner or later. I also watched the movie link you posted below quite sometime ago. And yes, it was very scary. Another neat thing I've done that maybe even someone as educated as yourself might want to do if you haven't already, is go to the library and read microfiche newspaper headlines from this country's past financial crises. Guess what? They are the same headlines that we are reading now...the only thing different is the dates. And by the way, they ALL said 'this one is different'.
I certainly don't have an Ivy League education. However, I'm educated enough to know that history always repeats itself.
I'm educated enough to know that after every large market crash there has always been cries for nationalization, finger pointing and perp walks...never happens.
I'm educated enough to know that Wall Street and our financial system will always find the 'next big way' to make money.
I'm educated enough to know that the inherent trait of the American People's love of money and all things material will always rise above any roadblock that may attempt to keep that trait and desire subdued.
I'm educated enough to know that our financial markets statistically and historically turn back up well before the economy ever does.
I'm educated enough to know that our government always has and always will move slower than our markets and that the markets will correct themselves well before the government can pull itself together to do anything meaningful or for that matter, harmful.
I'm educated enough to know that great wealth has always been made in times just like these by folks who looked past the headlines and the fear and invested in the American Markets when folks like you were running for the door. Think about the wealth that was made by the ones who stepped in and bought the stocks trading at no bid in 1907 and 1929..or the ones that stepped into the market in 1987. Educate yourself and you would know that we are standing in the exact same spot in history right now.
My point is, that we all know this is bad...acutally, it's really bad and it probably will get worse before it gets better. The advent of the information age has amplified this financial crisis beyond all reasonable scope. However, it is foolish to believe that it won't get better and it is foolish to ignore history. Educate yourself and you would know that.
I'll tell you what though...Just to make it fair, get back to me in 5 or 6 years and we'll see who made the most money...Me and my investments in the financial markets and for that matter, Citigroup. Or you, your fear, and gold bars. You can hide under your bed if you want but, I'm going to bet on the side of history. It hasn't been wrong yet.
-Dave-
You are correct. Learn something new every day..that's the only thing you can do to get better. Thanks and my apologies.
-Dave-
None of that applies to a pinksheet stock.
-Dave-
Nice......
-Dave-
His control is in the form of preferred shares that are not available on the open market.
-Dave-
IMO There is no great conspiracy between EESO, MM's, Allie, etc. to keep this stock at the level it's currently at as some are purporting. Folks are forgetting that there are millions..no, hundreds of millions of shares that were bought in the triple and double 0's. That's what is hitting the market right now and keeping continuous selling pressure on the stock. That will continue until positions are trimmed to a level individuals are comfortable with or some huge catalyst happens to the stock which would break it out of this range. However, on the other hand, when the daily selling pressure starts picking up there is no shortage of buyers at the .02 level. That is good for the stock and is becoming a very strong level of support. There is nothing wrong with this stock and it's trading in a very healthy pattern IMO.
-Dave-
Dinner time guys/gals...catch ya later.
-Dave-
Let's not start talking apples and oranges here...the original discussion was on filing requirements..not criminal acts.
-Dave-
Janice, I read your posts often and you are a wealth of knowledge. However, you are wrong on this one. What do the words 'In any way' mean to you? The only thing EESO is/was required to do was register their security which they have done.
-Dave-
Even if it does meet that criteria it doesn't need to report financials to the SEC as long as it stays on pinksheets. It has to trade on one of the SEC recognized exchanges for that threshold to trigger.
-Dave-
National Securities Exchanges
A "national securities exchange" is a securities exchange that has registered with the SEC under Section 6 of the Securities Exchange Act of 1934.
There are currently ten securities exchanges registered with the SEC as national securities exchanges:
American Stock Exchange
Boston Stock Exchange
Chicago Board Options Exchange
Chicago Stock Exchange
International Securities Exchange
National Stock Exchange (formerly the Cincinnati Stock Exchange)
The Nasdaq Stock Market LLC
New York Stock Exchange
NYSE Arca (formerly known as the Pacific Exchange)
Philadelphia Stock Exchange
http://www.sec.gov/answers/exchanges.htm
Pink OTC Markets Inc. is not registered with the SEC in any way and it is not the Financial Industry Regulatory Authority (FINRA) Broker-Dealer. Pink OTC Markets Inc. does not require companies whose securities are quoted upon its systems to meet any listing requirements.
http://www.sec.gov/answers/pink.htm
You're spreading disinformation right now. You have ABSOLUTELY no facts whatsoever to back your assertions. Whereas, there is a board full of folks that have been to the company, met management face to face, speak to them almost daily by phone etc....not what I would call the hallmarks of a scam.
-Dave-
Damn! It does, doesn't it?? I saw it on the history international channel the other night....guess we need to start spending some of this scammy EESO profit money huh? LOL
-Dave-
I'll mark that post and thanks for the heads up...now keep your promise.
-Dave-
As long as EESO is not defrauding investors they are adhering to the law..In regard to the SEC the only thing they are required to do is register their security under the requirements you stated. It says right on the SEC's website that they DO NOT regulate pink sheet markets.
-Dave-
No I'm not EDDIE...go away before I make you look really stupid.
-Dave-
Thanks, but slamming the door wasn't my intent..and they'll be back...:)They just need to understand that there are in fact some rather sophisticated and experienced investors here and that they just can't pop in and spout off some nonsense while banking on the hope that nobody will call them on it. I just don't like things being twisted around, taken out of context, or see that some aspects have been conveniently left out.
Being on the pinksheets is the only black eye EESO has...I also believe that EESO will be off the pinksheets and onto the OTCBB before too much longer. The NASDAQ would be great but, that's not going to happen anytime soon for reasons that are much more involved than just a threshold PPS...Unless someone comes along and buys them. Everyone here that knows even a little about the company knows it is the furthest thing from a scam. But, it's got to get off the pinks to get any real credibility. Until then we will continue to see the loaded questions, innuendos, bashes, and baseless accusations.
-Dave-