Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wowsers Ramspace...you being our science expert, here's another connection Cetek has thru the Hybrid-Tek subsidiary to an atomic accelerator project. This seems to be along the same lines as the Los Alamos Lansce Harp Project where Cetek provided the Macor circuits. This time it's with the Fermi National Accelerator Laboratory, located just outside Batavia, Illinois, near Chicago, and is a US Department of Energy national laboratory specializing in high-energy particle physics. And this proves that the Lansce Harp project wasn't a fluke government project for Cetek.
Hybrid-Tek's involvement in the project which was funded in the spring of 2012, is documented in a government document titled "PX Chopper Driver Development at SLAC", and Hybrid-Tek is listed in the middle of the page as one of the the external vendors for the ceramic PCB (printed circuit board). Here's the link...
http://webcache.googleusercontent.com/search?q=cache:ewMQ91KXYI0J:https://indico.fnal.gov/materialDisplay.py%3FcontribId%3D87%26sessionId%3D19%26materialId%3Dslides%26confId%3D5300+&cd=17&hl=en&ct=clnk&gl=us
New PCB
ALN or Al2O3 for high power and temperature operation
1.5”x1”
Flip chip with high temperature solder
Use dies retrieved from packaged device
Removal leftovers of bonding wire
Clean up required
Convert Al pad to other metal for solder attaching
Design to use as testing load for MOSFET driver
Development progress
Funding for CY12 received early March.
Schedule:
Test of new HSM for switching speed and average power (Mid May 2012)
MOSFET driver development (July 2012)
Integration of MOSFET driver into new HSM (Mid Nov 2012)
Overall progress: 25%
Overall expending: 27%
Here's another unrelated link which provides some definition for the terms involved and also discusses the use of ceramic PCBs in a high pressure environment.... http://www.bestpcbs.com/products/ceramic-pcb.htm
It may be time for you to call Hilal and let him know we know about this. I get the feeling that Hilal could NOT properly update the shareholders if he sat down for six months and did nothing but write an update, with all that has occurred in the last seven years. We have a pink sheet company involved in major government science projects.
My guess is that it was removed because it was basically just a duplication of the Cetek website. You will notice in that website it states most items are in stock and ship in 24 hours, so really no purpose to an additional link to a store.
I do think that liitle item on the website about "most items in stock and ship in 24 hours" was a huge piece of information to the shareholders. If you read the early filings back in the early 2000s, Hilal specifically stated that the company would maintain NO inventory, that they would produce the products as they were ordered by customers. The fact that he now has inventory for practically all of these substrates, especially the ones up to 36 inches, speaks volumes about his cash flow. Put that together with the reinstatement, the two $150k managers hired last year, the six current job openings, and the 2012 massive upgrade of the Hybrid-tek facility as documented in the Hybrid-Tek website video, and it's apparent that this is a major new level of prosperity for Cetek.
Penemy, I liked your comment at the end comparing the Cetek investment opportunity as opposed to chasing the latest MJ pump. Lol You have your choice between (A) buying a real company like Cetek or (B) buying a company with a 20 or 30 million dollar market cap because someone announces they're growing weed in the half acre lawn of the company headquarters, which just happens to be in a trailer park. I choose A.
Yes Fetter, the Ceramic Store link was active and you could actually order items from the website for many years until late 2012. He took it down as part of the massive overhaul of the website in late 2012 and 2013. That is one impressive website as far as the scope of the Cetek operation IMHO.
Ramspace and Stockingup....the Cetek registration shift from Delaware to Nevada occurred in the spring of 2006 subsequent to the 15c-211 filing, that filing being a requirement to shift the registration. As you surmised, Hilal let the registration expire a year later in the spring of 2007. That's why it was so expensive $46,800 to reinstate in 2013 because he had six years of backpayments and penalties as well as payment for the current year of 2013. Going forward, as memory serves it is less than $6000 per year.
Cetek Cetek Cetek....Great posts DannyD and I agree that Hilal has likely reached the $10 million mark in assets probably a couple years ago. He is undoubtedly hanging his hat on not having 500 investors, but that problem can be easily corrected.
What is really starting to impress me is to see the growing number of shareholders who have over 100 million shares, and now I see you and Chinaworx have crossed the 300 million threshold, and another one has over 214 million shares. We now know of 5 people who own about 1.4 billion shares.
And then there are another seven or eight people who own over 100 million shares. We could easily have half the float (assuming 4.6 billion for now) tied up in the hands of 12-15 investors here. And I'm sure that many have not posted their full holdings. That is astonishing. For the life of me, I cannot understand why Hilal would allow this concentration of shares at what is probably a 95% undervaluation of his company. While it has been painful for many years to not know whether our investment was worthless or not, it does appear that the wait is going to be more than worth it, for those who took advantage of the research, ignored the bashers, and loaded the shares down here.
I also assume that there are plenty of other people who own Cetek who probably don't post on IHUB. There might be some other Cetek stock whales out there too, particularly in the town of Poughkeepsie.
You start adding up what we know about the share ownership, and the research done by DrLarzo on the possible sharply reduced share structure, and it sure looks like the float has to be close to lockdown. It also looks good that we have a limited number of shareholders who own 50% plus of the company, which will bode well if the shareholders need to eventually prod Hilal along for information in this era of shareholder activism.
The nice part of the Cetek story is that despite the seven years of silence thru publically available information in government statistics, NY and NJ job banks, (two $150k managers hired last year), RegD filings on the share structure, Chinese internet sites, onsite visits by DannyD, and scientific journals, and last but not least the Cetek website, we already know most of what the unveiling of the curtain will bring. Seven years of growth and prosperity that you can still buy at pre-growth prices. And you know what? I'm fairly confident there will be more good news that our sleuths haven't yet uncovered.
Well reasoned post End2war, but NEVER forget that this board is NOT about Orange or Penny, as they try to make it be. It is about Cetek and the undervaluation of the stock price based on the fundamentals that we have accessed from readily available public information. Anyone who thinks there is perfect accountability in the shares of of an obscure pink sheet stock from before Reg SHO needs a reality check. And if there can no longer be companies with long-term naked shorts. why all these Cusip changes which often result in big price run-ups?
Let's stay focused on the fundamental story here and the NS problem will be resolved in fairly short order methinks.
Ramspace, again thanks for your great DD. That is hard to believe that Hilal would hire an assistant to the primary secretary.
Anyone who knows anything about what a tightwad Hilal is, knows that for him to create a position like that, that he has either (A) won the Powerball jackpot lottery or (B) business is unbelievably good. I haven't seen Hilal on the news lately, so I choose B.
You're welcome Bullmarketman. Just remember, whatever the wait turns out to be, it's going to be worth the wait from this point in time.
Speaking of DannyD, I've been asked repeatedly to ask him what the "good news" is because his post got wiped out. I never got to see it. So what's the good news DannyD?
I'm in agreement with Walker Bullmarketman. The stock is trading beautifully coming out of the cellar. Read Chinaworx's explanation of how tough it is to get past .0004. These are huge percentage gains. As I've pointed out to another poster, it's like a stock moving from $5 or less to $20. I think a lot of new investors are reluctant to buy and hold this because we don't know for sure what the O/S is. And I also think that a lot of people can't believe a company could be doing this well and the CEO hasn't made any move to reward the shareholders or trade on a higher exchange. But that's what we have to overcome. We know what we know from the DD.
But I can tell you that there is an absolute lock on a couple billion shares and probably a lot more than that. And Level II is looking a whole lot thinner now, so any new buying of substance should send this higher, and eventually we will get a nice run as momentum attracts more attention.
There will be tough decisions along the way, as the price ebbs and flow, but I encourage everyone to lock some away until something comes out from Hilal, because that's where the BIG money will most likely be made. It's always ok to take some profits, but I do expect an announcement from Hilal after all these years is NOT something anyone will want to miss. We will get seven years of tremendous growth and prosperity piled into one PR....that's the seven years of silence that totally screwed the longs all these years, but offers an amazing opportunity to new investors who probably won't have to wait too much longer to get news and can buy the stock for essentially nothing.
I expect the float to get locked up before long and the MMs will have to let this seek a higher level.
You nailed Hilal to a tee StockingUp. He is a penny pincher to the Nth degree, and as you can see on the 15c-211 from 2006 when he moved the charter from Delaware to Nevada, he didn't have a cent of long term debt. The current ratio was an eye-popping 15 to 1. Most pink sheets companies have a current ratio a whole lot less than one. I would say there's about a 1% chance that he's currently diluting the stock. It ain't happening, especially when he has $46,800 to pony up for a reinstatement. Few people understand how big his cash account had to be for him to even consider doing that.
Good afternoon Walker. And heck yeah, the Longs own most of whatever float there is. A number of major longs decided to get even after the reinstatement at .0001. There's a wide range of thought between a couple billion to about 4.6 billion as to what the O/S is. That 6.1 billion is almost certainly significantly higher than what it actually is.
Unbelievable DrLarzo, especially the timing. I may have saved a link from another source and will see tomorrow if I can find it for you. Thanks for all your terrific research into this tedious subject.
And we sure haven't seen any "ghosting" in Cetek stock....LOLOL Thanks for the post Fglobal.
Too funny Penny...about the broken record. I just looked back over your last 50 posts . OMG....If I really wanted a good laugh I'd go back to your "sky is falling" posts where you sold ten million shares at .0001 to "diversify" your account. You are always there for me and others to bring a smile, if not an outright guffaw to our faces.
As far as your assertion that I'm the one responsible for "pumping" the stock and driving a 500% gain, well, I don't think so. I mean I have a whole ten boardmarks so there are sure a lot of people paying attention to me. If it's pumping to provide publicly available information about a company with $10 million or more in revenues and to point out it's highly undervalued at no bid or at any market cap of less than two times revenues, then yes, I'm guilty. I just smile everytime I look at the risk/reward here Penny. Lets say you're contemplating buying Cetek stock at .0003..it would have been better to buy at .0001 but say you weren't aware of the situation here until now, unlike you, and .0003 is the best you can get. Even you have said, the potential here is one to five cents, and to quote you "then you are gone", like "what a bummer".
So let's say you buy 3,333,333 shares or a thousand dollars worth of Cetek. And let's be conservative with your estimate and just use a penny as your expected top. So you risk $1000 dollars and your expected eventual return is $33,333.33. See, thats a whole lot more than a fair game. A fair game would be if you only expected the stock could reach .0006 or $2,000....equal risk and reward. And that's why you buy a stock like Cetek or any other stock. You assume some risk but you expect a lot more reward than possible loss for whatever time frame you plan to hold. In the case of Cetek, which hasn't reported in seven years, you have an extremely large potential for a huge return, because as we have uncovered on the internet thru publicly available information, Cetek has been growing like a weed since the last filing and yet, the stock price had dropped to nothing until recently. That IMHO is one of the few gifts you will ever be handed in this casino-style stock market. And by the way, I will be around in force until the day Hilal either sells the company, or passes on, or provides a shareholder update. And I and others on this board, if necessary, will be a driving force behind getting a shareholder update provided.
I guess that means that when you bash the stock that you're not versed in probability and statistical analysis or that u have an agenda. As far as this "flipper" thing, you will notice that you will never catch me bashing this stock, although I suppose there might be some price in the multiple pennies where I might openly suggest that it's time to take some profits.
And your point that Hilal ponied up the $46,800 reinstatement fee just to get more and bigger contracts, then he must be entirely stupid. What CEO or shareholder in their right mind would want more contracts and bigger ones at that? That could certainly destroy our company to get those juicy contracts.
As I've said repeatedly, no one knows what got grandfathered in pre Reg SHO on the naked shorts inn Cetek, so the stats you're presenting may or may not mean anything.
But I will say this...I know from personal expeience that numerous people have been buying Cetek shares thru Scottrade for the last ten years. And now suddenly on the eve of new naked short rules, suddenly Scottrade won't let people buy the stock anymore?? They could buy the stock for years when the stock was totally illiquid, but suddenly with the stock trading over a quarter of a billion shares each day and rising in price, it's suddenly too illiquid to buy now?? You and I both know why they did that, and the timing is no coincidence.
Penny..there are recurring mantras in everyone of your posts....
The first is blame Hilal...well..sorry but we're not buying that. Hilal has built at least a 10 million dollar business on the back of his hard work and ceramics genius that employees 45 people and is gearing up for expansion. What have you done that makes you more believable than Hilal? Let's see. You make negative comments about his company on an internet bulletin board, apparently as an MM tool.
The second is that you're sleepy and bored and seem determined to cast your spell on everyone. Sorry...but we are energized and ready to see the stock price reflect what Hilal has accomplished. I suggest you get some rest, as old age may be catching up with you fast...no disrespect intended.
The third mantra is that a reverse split blah blah blah.. Well...you've been dead wrong for 12 years now, and will continue to be dead wrong about that. Besides Hilal swore he would never do another one, and again he has built at least a ten million dollar company and you post negative comments on a forum for discussing his company.
Orangeman, we've been over and over this. No one knows what was grandfathered in with Reg SHO. As you well know, there could have been any number of naked shorts which were allowed in before the Reg SHO in 2008. No one is saying that post Reg SHO, naked shorts are being allowed for an extended period.
But before Reg SHO, no one knows what the situation was here. And as we all know, in some cases the MMs were naked short more shares than were in the outstanding shares. I ask you..why would a company change their Cusip number and see the share price go up astronomically in some cases if there were not naked shorts? That's the whole purpose...to flush them out of the woodwork.
Yes Chris, I've had post after post deleted. It seems the topic of naked shorting grandfathered in before Reg SHO is automatically considered "off topic", even though 90% of the post is about the particulars of Cetek.
Great post Stockingup. As I told one of our MM tools the other day in a post that was deleted by someone sympathetic to to the naked shorts, I despise the naked shorters in the markets which have as their only objective to destroy companies. From what I've read, naked shorting had a lot to do with Lehman's demise in 2008, and we all know how that led to the second greatest meltdown in US financial history. And on a smaller scale, for companies like Cetek, it more often than not destroys the brilliant ideas and products that a ceramics genius like Hilal can bring to the public. Except in this case they didn't quite drive the stake thru his heart, and their day of reckoning is fast approaching.
I was stunned to hear that Scottrade suddenly decided we couldn't buy shares of Cetek anymore, as for at least the last ten years, it's been fine to do so. Makes you go hmmmm until you read Chinaworx's explanation.
There was some goppledy goop posted today about Hilal diluting at .0003, but don't believe it. He hasn't issued a Regdex since 2006 and therefore has not been diluting the stock. If he were issuing shares, he would also issue a PR to get a higher price for the shares. Besides, his business generates all the cash flow he needs. Hilal is no dummy....just non-communicative. And the share count is likely far lower than what has been advertised for years becuase as Drlarzo has researched, he never registered shares for the convertible debt he sold.
I think that's a great assessment of the situation here Walker. When you consider that the overall markets suck, there's nothing wrong here with the slow grind upward.
I'm sure you've noticed how a stock that's headed up trades negatively about 90% of the day, but the other 10%, it's all about chasing the ask.
Camerabug, I think it's entirely possible that Windpower is a significant part of Cetek's revenues, but since Joesdata is the only place where we've seen this listed as a subsidiary, I think we have to err on the conservative side and assume that it's lumped in with the entire Cetek operation. The $10 million revenue estimate that you often see here shows up in numerous places, but is at least a year old, so the revenues, especially given the recent hiring spree, could be substantially higher that that. But again, we have tried to keep the estimates on the conservative side.
No Camerabug, there are not 200 employees. That would be great but not the case. There may be some kind of subsidiary working in windpower as we have seen several links that indicate Hilal is involved in this. But those numbers on Joesdata are not credible and borrow from the Cetek operation as a whole. That would make windpower the biggest subsidiary in the whole company and that is definitely not the case.
Thanks Storm and welcome aboard here. That's the ONE. And Medtronic sure makes sense with the Mideastern connection and because there were a number of big company names being tossed around.
Storm, thanks for your post. I did know someone who talked with Hilal on a regular basis back before the great SILENT PERIOD began, and I do recall her mentioning that there were some medical applications that Hilal was involved in. Hilal, of course graduated from the University of Minnesota, so it makes sense he would have some contacts there. Also, as someone else pointed out, he does mention medical applications on the website.
Ceramics are used in a multitude of products now, even dog shock collars and those green non-stick frying pans. So it's not surprising that something as versatile and durable as ceramics are proving to be, would be useful and applicable to medical implants inside the body. Please let us know if your friend remembers anything else about the experience.
Wow...is this some kind of a new propaganda theme for you Penny? Cetek doubles from the unheard of level of .0003 in a day, plows thru the .0003s and .0004s and .0005s by mid-day, price levels which I expected to take several days or a week or more to accomplish, Just to provide some perspective to you.....you remember that stock you were so excited about a few months back when you resigned as moderator? KND! Well..that would be like it already having moved from 0 to 15, and then in one day it went from 15 to 30 and finsihed at 20. I hope you are mathematical enough to understand the percentages are the same. And I'm bored with that move? I don't think so...Lol
A very exhilarating day for me as I'm sure it was for all the long-termers and even the flippers. I liked the post today with the "It's Alive" utube video, and I'm sure that's the way most of the long-termers felt. But we've a long way to go before Cetek realizes a valuation which anywhere near reflects the progress the company has made in the seven years of silence by Hilal.
Penny, can you immagine if Cetek were a shell and they announced a reverse merger into even Hybrid-tek at $3.5 million or so in sales? It would probably run to a half cent or even to a penny. And Hybrid-Tek is only a third of the story here.
Hey Deano...now don't fall into that trap. Penny is upset because he thought his negativity could keep Cetek at no bid for many years. He never dreamed that he and his buds were actually walking into the ultimate trap by keeping the stock in the box all these years....that behind his back many longs were listening to the DD and not his Rip Van Winkle act and getting super long at .0001. Now the float is pretty much locked in some very strong and deep-pocketed hands, who aren't looking for chump change but are looking to be rewarded for all their years of misery and wondering if their large investments were dead. In recent years, as the incresingly positive information became available, and then the reinstatement hit, it became a total no-brainer to pick up all the .0001s you could afford without compromising the family budget.
Penny, it's a little tough to flip a couple hundred million shares built up over many years..lolol
But you let me know if your naked short MMs want to negotiate an over the counter deal for them at a couple of cents. I will answer the call.
Penny, not going to take a lot of time responding to your personal attacks, but we're going to keep the record straight.
First, show me a post where I claim to be an "expert" at DD. When it's as simple as doing a google search On "Hilal", "Cetek Inc" "Cetek Technologies" and "Hybrid-Tek" and sifting thru several hundred cache returns to find readily available internet data, it doesn't take a lot of expertise.
It does require a little effort and time though, and shame on you as the multi-year leader of this board for not doing it yourself. As you said, there are responsibilities you have as a moderator, and to me, it goes beyond just the IHUB rules for deleting posts. You should become an expert on the company whose board you're moderating or at least encourage others to do so. When I first came to this board, you were on a multi-month hiatus, and when you returned you were shocked at the interest I had generated by posting DD you should have been doing all along.
If you want examples of really good DD, look at DrLarzo's posts and the incredible amount of tedious research he put into reading those Reg Ds and then researching the lack of registration of shares in various states. Or look at the numerous trips DannyD has made to Poughkeepsie and Hybrid-Tek in NJ to see first-hand what is going on with our company. Or look at Ramspace's posts where he has assembled DD into a more comprehensive picture of what is going on. Ask a question about share structure or links to revenues and who answers the call? Ramspace. And what is your contribution Penny? To redundantly post that a R/S is imminent or that you have patience and can wait another 5-15 years. And to consistently tell me that my DD makes no difference...
Secondly, I consider you to be an MM tool, not an MM. Anybody who constantly bashes a stock which is trading at a price that discounts the apocalypse has an agenda. If the stock were trading at a penny, then debate overvaluation all you want, since we don't know the share structure. But in your case, we know the negativity is not to get cheaper shares. The shares have been at no bid for five years until recently and you had your chances at .0001 over and over..even sadly after the reinstatement when any long here knew that something special had occurred. but not Penny...he was doing the Rip Van Winkle.
I checked with the other moderators on who was regularly deleting my posts and was informed they were not deleted by IHub admin, so someone let me know who did. But when you level a personal attack, do not expect some kid glove response from me, especially after your history as moderator on this board.
For someone who has experienced a $13,600 appreciation in the value of his shares (at least what you claim) since the beginning of the year, you seem almost miserable Penny. And when you talk about eventually hitting a penny and now you mention up to five cents, which if my math is correct would be either $340,000 or $1,900,000, and "then I'm out", like "what a bummer", I just shake my head. Does that mean you're a flipper if it goes to a dime or a buck? And then in the next breath you talk about being patient that you can wait to add at .0001. Get a grip man. If you're long, be happy. If you really believe it's headed to 1 to 5 cents, I'll just say that .0004 is at least 96% undervalued. If you're naked short though, then I feel for you.
You sure nailed the number today OkHusband, and in my response yesterday evening to you, that Penny deleted for no reason, I suggested that just eating thru a chunk of the .0003s would be a nice accomplishment for today, so I stand corrected. My hat's off to you, and since we were getting close today at one time to your Thursday's target, I'm going to keep an open mind about tomorrow's target.
But whether it's a rocket move or a slow grind up, the thing to remember is we have a case of undervaluation and fundamentals here that IMHO should readily support a rising stock price.
Guys, I strongly suggest that we stop responding to Hacker Wilson or whatever his handle is. This guy is here to divert attention away from the Cetek story, which is all about FUNDAMENTALS, and make himself the center of attention and get important long posters thrown into jail. Don't take the bait and stay focused on the FUNDAMENTALS here. When last we saw a bid at .0001, there were 800 million shares bid, and at this point, with all the new interest in the stock and additional accumulation, there would probably be a couple billion at .0001, and we all know that under the post-Reg SHO rules, there aren't that many shares available.
Fetter, well congrats and welcome to the 100M club and bless you for having the wisdom to load the .0001s over the years and get your average cost down to .0025. You and DannyD are great examples of how to make lemonade out of a lemon, and I'm sure there are a number of others as well. Although I do recall one of the long-termers here decided to diversify his account by selling 10 million Ceteks at .0001 several years back....Lol
I don't wish to tip our hands too much to the market makers, but with some of the huge accumulation by several of the newbies here and a number of the long-termers, including myself since 2004, massively scooping up the .0001s in recent years, that we may have 15 or 20 or more members in the 100 million club and we probably aren't too far away from a major lockdown of whatever float there is. Just goes to show it pays to do your DD and to act on what you know, rather than waiting around for the PR.
Assuming it's a PR and not a buyout, that PR will probably say that the revenues are $10 plus million, and that he has 45 employees, that the share count is a couple billion less than advertised years ago, and he is currently adding six highly qualified and compensated people to fill a new major or several large contracts he has recently received. But HEY...didn't we already know that? Isn't it already out there on the internet?
Hey Fetter. I didn't know you were in the 100 million range. I wasn't including you. We also have Ace's bud too which I wasn't including.
For right now to be on the conservative side, I'm going to use the 4.1 billion shares O/S number, but I'm also open-minded that it could be a whole lot less than that and it's also possible that Hilal did buy back his 500 million or more. Definitely a possibility that we own a bunch of air shares too.
I've been a critic of Hilal's financial management for a long time, but I do know that he was aware that the big money to be made in his business was thru Wall Street, so he definitely has a plan for major share price appreciation and an exchange listing.
Hey Ace. Pass along our thanks to your bud on his "Big Sacrifice" at .0002...lol I knew once his big bid showed up at .0001 plus another 250 million bid that Penny's MM box days were over for good. And once this thing got past the .0002s, it's been clear sailing.
We have 5 or 6 investors on this board who have over a billion shares of whatever float there is. And that bodes well for getting our shareholder update one way or the other.
Greenmachine, you need to understand that his silence has created one of the greatest undervauations I have ever seen in the penny stocks. The guy is a ceramics genius, but he is not the "Great Communicator". At this point that is to your advantage to get in before the price starts to reflect what he has accomplished in the seven yearts of silence. I've never seen anything like it. His silence is a newcomer's friend although it has been a killer to many long-termers.
Also, there is a decent chance that there's a hige naked short grandfathered in from the pre-Reg SHO days. A very unusual opportuinity here. And when the time comes, as Hilal is advancing in age, there's going to be some big fireworks when he either sells or PRs what has been accomplished. He reported 3 million in sales in 2006 and 25 employees. Now he has 45 employees and we have seen numerus credit reporting bureaus who are saying 10 million in revenues...probably considerably higher thna that this year as he is hiring 6 employees currently. The Hybrid-Tek subsidiary is an amazing operation and there's a good chance that a lot of convertible debt was paid off and the shares never issues, so the SS could be considerably lower than advertised.
No I don't Bullmarketman, although it doesn't look like it was deleted, as the post just disappears, like way too many of my posts. DannyD, if you're out there this morning, please repost the news.
I do know he was planning to swing thru Poughkeepsie and talk to the a local on what he knew about what was going on at Cetek.
Some very nice bid support on CTKH as Koolmc pointed out.... Yesterday we had 150 plus million on the .0002 ask and now we have that many shares on the .0002 bid. That's progress.
Chris, he did it the throughout the day before as well. I think that End2war's post from yesterday evening should be read by all.
end2war
Tuesday, 03/11/14 07:54:42 PM
Re: PennyWorld post# 21020
Post # of 21032
Notice to the Board. Do not believe anything you read from PennyWorld. He has been here forever as a MM tool, an inside poster who pretends to be a long, but posts only to help the NSS crowd. He is not the only one, but he is one of their main liars.
Every time he posts one of his lies, or attempts to attack CTKH, it is just to discourage shareholders and to keep the PPS from rising. He is a clever one and always claims he is long, but that is clearly false based on all his posts. The bid whacking, the phantom trades at .0001, and the negative posters work hand and hand. All to keep the PPs from rising as long as possible.
The size of the NSS position that is grandfathered in before the advent of the modern rules is very large here. These guys have a lot at stake. FH stopped reporting when these NSS tried to death spiral this company, but they failed, and FH has it in for them.
There are other MMs that are taking the long side as they smell blood. When FH goes on the attack, these other MMs will help screw the NSS crowed to the limit.
If I am correct, then you can expect to see the PPs rise quickly once it gets going as there will be mandatory covering.
Don't take my word for it, do your own due diligence. But one thing we all know, the market is very manipulative as it is a zero sum game and the short position is against the long position., and vice versa.
Thanks Chris. I think we can be pretty certain who did it. We have a moderator making personal attacks and then deleting people's responses. That's not how this is supposed to work.
One of my posts was a response to Okhusband, which didn't even mention the naked shorting problem, but in which I advised not to get too optimistic with the price predictions, that as long as we saw a nice chipping away at the ask each day, that was progress and that the price appreciation would come because the stock is so undervalued by any financial measurement. And I notice this moderator also deleted Okhusband's response about the naked shorting problem on 3/15 to me which didn't even mention Penny's name. It appears that our suspicions are correct.
Okhusband and End2war, I see that most late evening posts addressing the naked short issue and their impending "problem" were removed from this board last night. I assume that it was done by our basher moderator. Would a non-basher moderator care to comment on who did this and why?
Thanks again Drlarzo. I wonder why Orangeman would say that since he's such an authority on these regulations for the pinkies?