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All at precisely 5 minutes before close
My point is that there is so much speculation and theory that no one can confirm, all you can rely on is the basics of trading. By rule of how the market behaves, a weak stock should be almost impossible to sell because everyone is trying to sell and no one is trying to buy. In this case, two of the three biggest brokers for penny stocks...and you could argue the two biggest for pennies...are blocked out from buying. That would make it very hard to get the pps to increase.
You probably got into the bid earlier than I did...but still, why did my sell order get filled faster than any sell order I've ever placed in a stuck that's supposedly plunging to .0001?
I did an experiment this morning, sold a block at .0006 -- and it sold instantly. It's the first time I've ever sold a block of shares and my alert said it sold by the time I clicked to the next page.
I then tried to buy back in at .0005 about an hour ago and got nothing, and ended up having to buy about half of what I sold back at .0006, but still took a while to fill that order.
Speculation about pump and dumps and short seller theories aside, if a stock is weak, shouldn't the opposite scenario have played out? What kind of weak stock fills sell orders so easily? Shouldn't it be nearly impossible to sell?
Bill Hicks knows what's up! -
This page is also interesting:
http://www.basherbusters.com/temp/phantomShares.html
The stock was likely "diluted" with these phantom shares -- probably a routine thing for these guys to do when a stock runs up like that, but usually those stocks fall back to mid to low trip zeros within a day or two and they buy them back cheap.
In this case, it took a couple of weeks to gradually tick down to .0012-4 but still showed a lot of resistance to the pullback. I think they may have underestimated not only the public interest in the stock, but the stockowners' willingness to hang on to their shares.
Tough to tell for certain, but something is definitely up, because the last PR popped up unexpectedly and promptly moved the pps up two ticks from .0009 to .0011 with a bid of .0012 and immediately the trade halts at ST and TDA happened. That timing was just too convenient.
But haven't they always been sell blocks of 9mill? These are different..small amounts and buys..
All right, so what the heck do AH Form t BUY trades mean?
Someone I chatted with on either earlier this week or late last week...I want to say Tommie 9 fingers or something like that. I think he was referring to this guy saying he has expertise in trading, especially in dealing with MM shenanigans.
I think that was just a very clever spam message.
You're kind of at a wash...you may have to wait up to a week to spend your money if you sell and transfer money and the stock could go up in that time period. However, if you transfer shares and it costs money, you're only spending that amount of money. Pick the scenario with less risk I guess..it's pretty even I guess.
A lot of us have been in since September to October...I have a few million shares bought between .0001 and .0004 -- I'm not selling any shares less than 10 cents per and that would only be 1 million shares, if that!
Yep! Quite simply, look at what marijuana dealers have done for years. Guys with no education have figured out how to grow a plant for free and sell it for 400 bucks an ounce on average? That's a businessman's dream...spend practically no money to make a 10,000 percent profit? The biggest cost is if they have to figure out how to put the same result in a THC pill form? This is a no-brainer!
Never will be investigated. This is a pinksheet, unregulated stock. Why do you think big business loved Bush so much? An unregulated economy is these guys wet dream...they can do any unscrupulous illegal activity and get away with it because they have money, power and connections. The biggest asset to this stock is how fast Gaffney can generate a revenue stream in Montana, California and Colorado. This company is a good bet because its in a highly profitable industry that requires very little overhead.
It was actually 96...but they have several times...still, that stock not only went to 400 bucks a share but split 4:1 four times in less than 2 years! Probably the best thing, because I was in my early 20's and would have ironically smoked all that money up anyway!
Etrade is very good..I opened my acct there back in early 1997 and I've never had a problem trading anything there. Except that my parents talked me out of investing my 3200 bucks in pizza delivery money on 200 shares of a company called Yahoo at 16 bucks a share they felt was too risky!
I don't know - probably because the poster names are random...what if they quoted that one guy named Harry Nuts?
https://us.etrade.com/e/t/estation/ESReqCert - etrade link for how to certify your shares
I've had no problem setting mine at 1,2 and 3$ -- but in blocks of 2mill -- how big of a block are you trying to enter in?
TDA definitely is. One of the owner's lost a US Senate bid a couple of years ago.
They want shares to be sold so they can cover the non-existant shares they sold. That's the speculation on why buys are restricted on those brokerages..to keep the price down so any shares they buy back are priced as low as possible.
I have Etrade and staggered my sell orders to 1, 2 and 3 dollars each for blocks of 2million shares this morning with no problem.
This is really long, but rings true, I borrowed it from another board:
How to recognize Stock bashers on Message boards, newsgroups and in chat rooms.
LEARNING is a process and an evolution. Learning is not all fluff. Learning is a process of awareness and unfolding development; one must be willing to work at it though.
A year ago when I asked broker friends of mine if the internet message boards will have any affect on a stock. They ALL laughed at me and said those idiots having an affect on a stock!
A truth: IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO INFORM PEOPLE INTO BUYING A STOCK.
Well I asked those same friends this last week, and the answer from all YES! message boards and ""shorts" (some) can manipulate with lies, and deceit.
Now think about that, you have elderly that invest and find their way to the message boards only to see false posts about "SEC Violations" and "Class action suits" or you have a Yuppie with a kid to put in college going to these message boards only to see posts by 15-20 (probably 5 or 6 under alias) "pack of shorts" posting the same false stuff about SEC Violations or lawsuits or "there's bad news coming out" ....what do you think they will do ?
It's easier to sell the stock and put the money into the bank for nervous people like the elderly and the Yuppie who needs college funds. THAT'S WHO THE PACK OF SHORTS PRAY ON AND DEPEND ON. They bet on a stock to go down-not up! Understand? And they have just as much money and risk as you. But they have the edge of fear, lies, falsehoods to post and pray on the nervous. Longs don't have that.
Lesson 1: Remember, BASHERS NEVER BASH A BAD STOCK. Watch the board for stocks with no potential. They never have any bashers. Bashers only go after stocks that are going upwards or have excellent potential to go up. Bashers get left behind, so they want to bring the price down.
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The basher will post this over and over again. The stupid basher will try to make the old news a bit fresher to try to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't bash. They try to control the board. True longs may have to address the bashers or they will appear to the newbies as being the people with all the information.
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a basher. The truth on startup companies is that many mistakes are made and losses happen. The basher will try to make you believe all startup companies make a profit, release financials every quarter and all aspects of the business run smoothly. THIS IS NOT TRUE. THE BASHERS LIE TO YOU. Startup companies can go years without profits, financials and good business, this is the nature of the beast.
Lesson 5: The bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the statements they do.
Lesson 6: The bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you couldn't know the difference (unless you have done your assessment of the company and know the truth and facts).
Lesson 7: Bashers play on your lack of patience. YOU have held a penny stock for a while. You knew it will be a big penny stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN . That's when the basher is best. You are tired. You have forgotten the goal for the penny stock was to hold it for one year. The basher is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a basher as well. THE BASHER HAS WON, AND GAINED A NEW PARTNER TOO, to be able to get in at a great price.
Lesson 8: BRING THE PRICE DOWN. That is the basher's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to hit the newbies visiting the board. They are trying to wear out the longs on the board. They do whatever it takes to wear the longs out.
Lesson 9: BASHERS WILL TRY TO CREATE DOUBT AND GET YOU TO RESEARCH ITEMS THAT THEY KNOW WILL LEAD TO THE CREATION OF DOUBT IN YOU AND IN OTHER STOCKHOLDERS. A typical trick of an advanced basher is to propose that there is a potential "problem" because "we" don't have the facts on a particular subject. The basher dares someone in the group to find out the answer to the question. The basher already knows the answer; the basher already knows what will be found. The power of this tactic is that the basher is now in control of the actions of the stockholders; the basher has you, the stockholder doing HIS/HER due diligence and when you, the stockholder come back to the group with a questionable finding then the basher gains credibility. What to do??? Solution??? Well, I think it's important to find answers but on your own terms. I actually pick up the phone and call the company and talk to the investor relations person or the CEO until I get a satisfactory answer. The problem here is that the advanced basher has you doing his bidding and his work; you have essentially joined his ranks. So, develop your own little Due Diligence package and answer questions by placing the information into the package and referring all new investors to read the answers to questions raised in the Investor Information package but DON'T GET INTO A CONVERSATION WITH THE BASHER REGARDING THE TOPIC. THAT IS WHERE YOU LOSE. DON'T CONVERSE WITH THE BASHER; ANSWER INDIRECTLY; DON'T USE THE BASHERS NAME; DON'T GET INTO A PERSONALITY CONTEST.
A BASHERS HANDBOOK: know the enemy who wishes to steal your money! Do not underestimate a bashers influence on a stock. The Pro's are good at what they do and what they do is profit from your losses. Below is their "hand-book" so to speak. Learn from it or donate your money to those who make an organized plan to steal your money!
BASHERS DO THE FOLLOWING:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility toyour suggestions.
3. Let others help you learn about the stock. Build rapport and a support base before initiating your bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build to it.
8. Identify your foes (hypsters) and the boards "guru" Use them to your advantage. Lead them do not follow their lead.
9. Only bash until the tide/momentum turns. Let doubt carry it the rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "basher". Newbies won't know your history.
15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to reinforce facts.
19. DO NOT LIE, DO NOT NAME CALL and DO NOT USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings.
21. Discourage people for taking the companies word for anything. Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary mass reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the hypsters into personal debates putting their focus/efforts on you and not the stock or facts. Divert their attention from facts. Show them the facts from a "different angle."
28. Promote other stocks that would-be investors can turn to instead of the one your bashing.
30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules.
GRADE YOUR FAVORITE BASHER:
Advanced Basher:
Will join the message board early and actually "pump" the stock with positives; this basher is very intelligent, has the facts of the company, actually helps longs with Due Diligence and generally gets the confidence of the stockholders. Then, when the stock hits their price, the tone will change and they will start asking longs to check into this and check into that. The seeds of doubt are being planted. This basher will then start using all the tactics listed on this page to create seeds of doubt. ALWAYS LOOK AT THE PROFILE OF A PERSON YOU SUSPECT. ASK WHAT STOCKS THEY'VE "SUPPORTED" IN THE PAST AND CHECK OUT THE MESSAGE BOARD. An honest person will have a positive track record that can be followed. I strongly believe that a contrary view is needed but this person is out to steal your money and does it by deception and creates fear after gaining confidence! BEWARE, this is the most clever basher and the hardest to spot.
Grade A Basher:
Posts lots of old news, responds to all positive posts with a negative side. Never responds to being called a basher, never posts on another board. Can spend up to 80 hours a week bashing a stock.
Grade B Basher:
Very good way with words, always claims to be your "friend" taking the positive poster into confidence, never posts on another board, spends about 60 hours a week.
Grade C Basher:
Spends less time than the others but is somewhat effective and gets a C grade due to getting excited when bashers rules say not to get excited, spends about 40 hours a week.
Grade D Basher:
Needs to learn the basics about being convincing when making a negative statement. Spends a good amount of time working the stock, maybe 20 hours a week. Grade F Basher: A complete idiot, most readers are not convinced he knows anything about stocks in general. The type that says a stock "sucks", but gives no rationale, shows up every so often but no regular schedule.
WHY BASH?: MONEY (the usual reason), SPORT, ENTERTAINMENT. Some bashers are compelled to bash because they are inherently a part of the dark side of life so they must do it. It's a sad fact but never the less, a fact. It's life so you must learn how to deal with it or become a victim!
LEARN ABOUT HOW STOCK BASHERS WORK: how they are paid: (this was written by a basher) I know the following from a "friend" who needed extra money. I never answer a basher directly because I then become a basher's little money machine. IGNORE THEM FOLKS...how bashers are paid: When you REPLY to bashers you give them an opportunity to earn 5-7 bucks. The service agreement they enter into with their employer states their messages will be monitored for content, profanity, lies, etc. but Money Manager's and the like don't have the time to check all their bashers messages. Only occasional spot checks are done. Those who manage the basher will generally read the headlines to see if a basher is replying to other posters by name. That tells them the basher isn't just "posting blindly" or repeating the same message over and over since they won't pay for those. A basher will attempt to milk three to five replies per post at one to two dollars each. This way the basher spreads negative influence to as many stockholders as possible. A basher will create this discussion thread because it takes less time reading more messages than is necessary. This ultimately allows the basher more time to post and make money. In general, NEVER ENGAGE A BASHER. Make them read all the posts and think up ways to enter the discussion.
NEVER ENGAGE A STOCK BASHER; if you do so then YOU BECOME THE BASHER'S AID!
Read the news, do your own homework and make your own decisions. Get real time quotes and follow the stock for a couple of weeks. Due Diligence is key here. Know that there will be a time when the stock runs up which will be followed by the Bashers and those that missed the boat. The bashers will trash the stock by saying such things as "it's a Pump and Dump" and "the company is lying" and deceiving. There goal is to scare off newbies and potential new investors by "shaking" you out of your shares. Take the time to confirm your Due Diligence, ,trust your own judgment and believe in yourself, pick your point of return or loss and live with it. Don't listen to hype or bashers and live by the rules you have created.
I kind of suspect they will..I just don't know how long they can keep trying that approach at this stage of the game. Too many people have gone through that song and dance the last two weeks to sell trip zeroes now. They would be better off just letting it rise to a double oh 2 or double oh 3 and shaking out the weak hands who will settle for a small profit. That is, of course, if all of this is true.
Make that story viral! The first publicly traded company to sell legal medical marijuana is a big story. And that last PR being posted by CNN could signal them doing a story on the company.
It's only like this because of politics and money. Marijuana would hurt the alcohol and tobacco industry, both of which are legal because those companies have immense wealth that has been built up over centuries. Plus, police departments and State Patrols that used to be Barney Fife-types are now well-funded small armies thanks to the War on Drugs. They won't let marijuana get legalized without a fight. Then they would be forced to solve actual crimes instead of sitting on the Interstate pulling over cars with out of state license plates and searching them.
This is the link for the Florida Today news article: http://www.floridatoday.com/article/20091206/BUSINESS/912060312/1006/news01/In+pursuit+of+pot+s+promise
I work as a webmaster for a news station and from my experience, we need to spread this article around. Submit that link to Drudge Report, Digg the story, put it on Topix, post it on your Facebook and Twitter pages, etc. I've had a couple of stories picked up by Drudge, and that's good for a minimum of 100,000 views if they post it. I also noticed that CNNMoney.com picked up the last HESG press release, and I don't think they normally post pinksheet PR's.
That would also explain why buys are being halted at brokerages with ties to these MM's. They keep any kind of run under control that way. It was clearly headed for a run Friday after that PR.
A problem I have is that this sounds just as shady as the bashers who show up with wild claims of going back to .0001 - The person who posted that exact story here created his or her profile to post it. That's as shady as the guy who suddenly appeared yesterday to attack the stock after not posting on this site for over three years.
I wonder if they will try to shake the tree harder tomorrow and drive the pps down a bit more, or just allow it to rise to .002 or .003 this week and shake out shares that way?
I saw that. There were a couple of huge volume hits, it even pushed up to .0011 briefly with an ask of .0012 and then word of buys being stopped came in. After that, it dropped back to .001 and .0009. I highly doubt that a PR announcing a move to create revenue would make anyone sell shares or not want to buy more.
They let you buy that crazy FFGO stock don't they?
Well, I added a couple million shares at .0015 on the way up that morning and another million at .002 -- I'll gladly sell those back to them at about 5-10 cents a share if that'll help em out! ;) I will, however, be keeping my other shares long-term.
If this NSS theory ends up being true and they end up not being able to deliver the shares they "sold" then what happens? Do those who bought those fictional shares get screwed? Also, at what point did it likely start? Would it have started during that two day run in mid November or after?
People should also submit that article link to drudgereport.com - if they put up a story, it usually means anywhere from 100,000 to a million views in my experience.
Actually, it proves you know as much as the other guys. Nothing. Everyone here is going to sit on their shares because we feel that the business opportunity over the next year is just too good to pass up. The only argument against that has been speculation that the CEO is running a scam. I highly doubt an experienced CEO like this is going to put his entire reputation on the line to make a couple million dollars on a sub penny stock scam. I don't buy into the wild theories from either side. But just because one thing isn't proven doesn't make the opposite automatically true.
I find it extremely hard to believe the OS is 200mill. I can think of four ppl on this board including myself who collectively own 50million shares...it would mean everyone on this board alone owns majority stake of public shares. I really doubt that. It would be awesome if it was true, but I don't think so.