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Can't check out quotes, is she gapping this AM or not?
I can't imagine the carnage that this even is going to send through the system. I'm sure some folks are pissed, especially those who made money on perfectly legal trades and are now seeing those gains removed by the powers that be. What a rigged market. It's nothing but a bunch of crooks running the show helping out their hedge fund buddies.
I'm standing by for heavy economic rolls. I think once folks get their heads around the fact that the European PIGS (Portugal, Ireland, Greece, and Spain) are in a world of hurt, the DOW is headed south of 9K if not all the way back down to 6K. I wouldn't be surprised if we see 2008 all over again.
With that being said, I'm in CDIV to weather that storm.
No one on TV has a clue what happened. I'll bet a bunch of hedge funds were able to cover their short positions and the SEC won't do a darn thing about them. My bet is the DOW heads south tomorrow as well.
I didn't get any at a penny, I was just wondering what they would do if I had. I was out flying when the market went down the toilet so I wasn't affected except for the red in my portfolio. I'm expecting CDIV to take care of the red in a few months so no worries here.
I own 17 billion shares of CMKX I'm still trying to sell.
What if you bought shares but didn't sell them for a profit? Accenture went down to a penny before it closed over $40. So if I have purchased a ton of shares at a penny and din't sell them for a profit but plan on selling at the open tomorrow, do I get to keep the money?
I have one question. Does anyone know how many shares of P&G were available to be sold by the person who fat fingered the trade? I mean if I tried to sell 100K shares I didn't have, the sell wouldn't go through. Wouldn't a mistake that was off by a factor of 1000 raise some red flags or not even go through. The math just doesn't add up for me.
Thoughts anyone?
LG, thanks for the explanation. Everyonehere knows I am brand new to this so I appreciate the responses. I'm here for the long haul and won't be selling. Well actually, I did put a GTC order in for all my shares at $50 but that's just to show the MM's that they can have my shares but they'll have to pay dearly for them.
Thanks again.
LG,
What prevents the MM's from doing what they are doing for eternity? I know we control the float but at what point do they have to capitulate and let CDIV run? Just looking for answers.
JP
Can anyone give me an update on the Bid Ask? Is she a gapper this morning?
Congrats on the early retirement. Even if I could, I don't know if I would; I have way too cool of a job and I love what I do. If your early retirement is thanks to the Den then I hope in 5-10 years I'll be able to have the option (and hopefully an aircraft I can call my own).
Again, congrats and while I got in late, I think the Den can still help me achieve what you've achieved.
JP1101
You do as well. Should be a fun one.
Good monring Den. Hope al is well with everyone here. I'm all set up to watch the old MM two step" today.
Looks to be another boring day. I suppose we'll have to sit on our shares a bit longer. I challenge any MM to be as patient as me.
I haven't heard anything but then again, I am brand new here and probably not the best person to ask.
Happy to be here! I've got to run I'll be flying all day tomorrow (we're a bit busy down here on the Gulf Coast) but I'll check in at the end of the day to see how things went.
I'm only in C right now. One pays me a lot of dividends and the other was a pure gamble before I found the Den. G is in the not too distant future and E should be coming down the pike once the Zecco account is funded.
Very true but I have a good feeling about the approach the den is taking to making money. Something has to give and my guess is the MM's will capitulate long before the board does especially with the uplisting around the corner.
The hardest part about flying for me was learning to land. I've always wanted to won my own aircraft but just don't ave the means right now. I'm hoping a few of Monks picks will solve that problem.
...and here are both of them in the sig.
Sure is. Nick comes from the previous aircraft I flew. I'll have to upate the signature.
Judging from the T&S data during the day, it did not appear that anyone sold or if they did, they didn't sell much. Seems a bit sneaky to me but then again, I suppose we're not fighting a bunch of honest MM's here are we.
I got into CDIV today and watched the action. I have no clue what the MM's were doing but they managed to drive the PPS down 2 cents. I suppose in the grand scheme of things it's chump change. I'm in and will patiently await the results of the FLD.
Interesting sidenote, the MM's filled my order at the bid even though I placed it at the ask. I'm not sure why this happened as I was perfectly willing to pay a higher price for my shares. I'm in and holding for the long term.
All is well.
JP1101
Welcome to the Den Sabbi. I found this place on Friday and it's been an eye opening experience. I've already learned a ton!
JP1101
I got a sell in for $2.00 to let the MM's know I won't get rid of my shares until they pay me for them and pay me well!
Seems like we are itting resistance at .007 Might be tough to bust through that without some consolidation.
They just took out a whole mess of stop loss orders, people are going to be angry.
I'm with you on that. My .0038's are looking great. I'm holding though!
With the discovery of the Den and the three plays, it's moving in the right directin and has solidified. I'm trying to recoup losses from the past 2 years due to some poor judgement on the behalf of a financial planner I thought had my best interests in mind. Boy was I wrong. Anyway, water under the bridge. I've kicked him to the curb and have struck out on my own. To this board and the Den, I am sincerely grateful.
I'll save plenty and I have a good amount of cash on the sidelines not to mention more positions that are liquid in other stocks. If CDIV works out, I'll be grabbing up a lot of shares on the next penny or sub-penny play.
Thanks for the education. I'm patiently waiting for big gains. If they manage to take this down I'll just add more. I'm going to thrown the biggest party when the MM's finally capitulate and we all walk away happy.
Just because I'm new here; is this typical action for CDIV with the MM's taking it down on very little volume? Seems like if everyone is holding, they shouldn't be able to drop the price without sellers.
Not worried just looking to educate myself.
Thanks. I'm going to enjoy watching this one play out.
I plan on it. In for the long haul and having a blast.
Patience is the key from what I can gather here. Long term investment will pay off with big rewards. The MM's don't know how much patience I have.
I'm using TDA. I have all my accounts with them although I am opening a Zecco account to get access to E.
PM for you as well. I'm new to the whole trading thing so having them fill me at a lower price was nice. I'll have to keep the AON tag off my trades from now on.
At least I'm in CDIV, now I can enjoy the ride.
JP1101
I'll sell them my shares at $50 if they are really ina pickle that bad.
Thanks for the education. Well I ain't selling so you can add my small number of shares the the FLD.