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.
Totally agree. pps is just sensitive because of the small float. Nice part is that it can run up just as easily.
Looking forward to more updates in the near future from MOP. I'll wait for the solid news as it becomes available to PR.
lol...not exactly a sell off based on the volume.
News/PR's have a way of correcting impatient sells.
Sure looks that way, shauno. And how many times have the MM's tried that before. Hopefully folks here know enough not to use a stop loss, though.
We should be able to maintain the pps around this .07 .075 level as we continue to wait to get updates from MOPN.
That is in spite the efforts of some who either need to cover shorts or are working it hard, to load up.
Yes sure looked like a bogus sell for 100 at .06, eod. Traded well for most of the day though.
Good buy for those who can grab some at this pps.
And we still have some traders hanging around spewing negativity
trying to load up for the next round of PR's I see.
Thank you for taking the time to correct the errors posted on the board regarding Brian K Kistler, Admiral. Good to see someone who can post with some tact and dignity, as well.
According to Brian, CEO, only a few people (a handful) have ever bothered to call and discuss FDMF with him. I found it to be a very helpful discussion in understanding what's in store for KC9000 in the future.
Good to see you here again.
Sure doesn't take too much volume here to give the pps a little kick up.
Very good Narvo...that clears things up and should put shareholders at ease.
That's the trick here is that for those buying they know that too much pressure will drive the pps up. So to get in for cheap they have to do so carefully.
Or more likely investors are going to load up quietly while they still can and wait for more news to hit in the coming weeks.
What's all the excitement about. :) Just kidding. Good to see some happy campers on the board today. And good to see you sunbunz! Still catching up on all of today's posts.
Lots of info to absorb from today's PR. Thanks to everyone digging up additional insight and information.
Hope that many can sleep well tonight and enjoy your weekend!
Thanks for your efforts :) News is coming but it's hard to say exactly when. Charles and Wayne have been hard at work but as I've said before, they won't PR unless things are concrete.
That's good for us because we know that the PR's are solid but it does take a little longer for PR's.
So we are at the mercy of the day traders....impatient ones right now but seem to have a solid pps base here.
Seeing as they are a 'public' company, TKCM does have some legal obligations to keep us informed:
1. You must continue to keep shareholders informed about the company's business operations, financial condition, and management, incurring additional costs and new legal obligations.
2. You may be liable if you do not fulfill these new legal obligations.
I was just thinking the same thing. :)
Good thing about Wayne and Charlie is that they are very careful to make sure all the i's are dotted and t's are crossed before putting out a PR.
MOPN PR's will be worth the wait, imo. In the meantime, we are at the mercy of day traders though.
Solid news will run the pps back up again.
If not today, no doubt MOPN will be working towards an update shortly. We'll hear from MOPN in the near future.
How about a shareholder's meeting? That's long over due. I think shareholder's have been more than patient waiting for results that were promised.
We should organize a meeting ourselves.
Yup, looks like some are quietly loading up for the next round of PR's. Should hear something from HNSS soon enough.
Hey Sunbunz, good to see you too. Yup just took a little end of summer break. Mostly reading and lurking when I could. :)
Usually the last couple of weeks of August are slow for trading anyway.
Mop has been hard at work this summer...and I expect we'll hear from them over September with some results.
Well, the thing to keep in mind here is that it's not illegal to have insider information. It's only illegal to trade on it.
So personally, unless you're done buying and selling shares, I'd rather not know details right now.
Although, I have to admit it would be great to know what Narvo and Se7ven know, MOP will update us when deals are signed and sealed.
old_schooler, any shorting around here will turn into a short squeeze on news lol.
Here's an interesting bit on shorts for CEO's. Can't find the original source but it's got some merit.
Watch your trading volume. If you're seeing four or five times your company's float trade hands in an otherwise ordinary day, and you have no large share overhangs, pay attention. Start documenting those patterns.
Keep your focus on operations. Your stock price is not declining exclusively due to naked shorting. Weakness in the business, industry, model, communications or management team exists well before naked shorting begins and allows it to continue. In most cases, the best deterrent for shorts of any kind is consistent execution and credible communications with your shareholders.
Always surprise on the upside. By maintaining absolute secrecy before good news, you give yourself the best chance to catch the shorts of guard and maybe even squeeze them. Be conscious of unintended signals you may send when in public appearances, conference calls and analyst meetings before a particularly good quarter or other surprising good news. Keep your cards close to your chest and save those glowing press releases for the middle of the trading day.
Maintain a steady stream of news. By communicating with your investors as often as possible, you remove some of the mystery surrounding a company that a naked shorter typically targets. In the absence of news, a continuously dropping stock price is the only communication your investors are hearing. Sales of stock by legitimate owners are sure to follow.
Put floors on your convertibles. A floorless convertible bond (also known as a "convertible death spiral") is an open invitation for its owners to short the stock as aggressively as possible. A constant decline in share price means the convertible owners will get more shares because the initial rate of conversion will change. While the original shareholders may very well lose their entire stake in the company, the convertible owners can continue to short the stock until they can effectively cover the original short with new shares created by a new rate. Should those convertibles be held offshore where naked shorting is not illegal, the potential for price depression becomes even greater. Ensuring you have a floor on those converts will prevent the worst case scenario.
Monitor small international exchanges. If your firm unexpectedly turns up on the Berlin-Bremen stock exchange and you, the CEO, did not request a listing there, that might be a sign of a problem. Request the removal of your company from that exchange immediately, and keep asking until it's done.
Realize your choice of financing vehicle may attract naked shorting interest. In addition to floorless convertibles, PIPEs may also attract undue attention from potential funders. Since shares in a PIPE are sold for below market price, the provider could short the stock down to that level with no risk of capital loss on his part. When issuing warrants with the deal, you're also effectively pushing the price lower through increased dilution of existing shareholders. While it's true that sometimes beggars can't be choosers when it comes to raising funds, go into those negotiations with your eyes wide open.
Check the Threshold Security lists. Links to the lists at each exchange are below. Keep in mind that inclusion on that list does not mean naked shorting or any other improper activity is occurring, just that some shares meet the three requirements mentioned above. An extended presence on the Threshold list, however, in combination with some other signals mentioned above may be an important sign.
Don't read the message boards. You'll drive yourself nuts, waste a ton of time and eventually convince yourself you're a victim of someone's ill wishes, naked shorts or otherwise. If you're that compelled to monitor the boards, ask your IR team to send you weekly summaries of any cogent posts.
Know your IR company. Consider your choice of an investor relations firm as your first line of defense. Does the company have expertise in dealing with naked shorting? Does the price of your stock mysteriously rise or fall between the time you send your draft press releases and when they hit the wires? Do they have long-term clients willing to vouch for their integrity? And do they have processes in place to handle sensitive information?
Know your transfer agent. Given that the process of naked shorting begins at the brokerage level, there's not much your company's transfer agent can do with regards to those shares. The responsibility for tracking them lies with the brokerage. It is theoretically possible, however, for a corrupt transfer agent to conceal the true float and otherwise manipulate the shares themselves.
Both your transfer agent and IR firm should be able to advise you on the effectiveness of combating naked shorts by changing CUSIP numbers, reverse mergers, and/or reverse splits. Although the long-term effectiveness of these strategies is questionable, it may be useful as part of a larger strategy to deter naked shorting. After changing your company's CUSIP number, for instance, all existing stock certificates must be exchanged for new ones. All issued and outstanding certificates from old shares will no longer represent an interest in the company until exchanged. This may be more trouble than it's worth, however. Once the new shares are in circulation, there's nothing to stop a new round of naked shorting by determined parties. Such tactics may represent a small part of an overall strategy to reduce naked shorting interest in your company.
Gotcha :) Accumulate it is then!
Next week things should start to pick up in the Market overall again. A solid PR from HNSS will give the pps a good boost.
Looking forward to getting some news and grabbing some shares in the meantime.
This explains our end of day sell:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53918306
lol...imo, just shows how low the float is.
Looks like low volume games going on at end of today. It can be done with a low float like this one.
News at anytime will change things here quickly.
Current float estimated to be around 39 million:
Posted by: Mjbcard Member Level Date: Monday, August 30, 2010 2:24:21 PM
In reply to: alliecorp who wrote msg# 6463 Post # of 6490
According to the News Release of June 30th the amount traded in the public market is around 39 million.
ih.advfn.com/p.php?pid=nmona&article=43427524&symbol=NO%5EHNSS
MJB
Mop put out the last PR because a significant material event occurred.
Thanks for that Se7eN. Good to know and GLTU :)
Excellent! Thank you, I missed that one.
HNSS will run hard on good news then!
That's a good question and right now all we can do is a best guesstimate. Float was 31,087,127 as of Feb 22, 2010 (and could still be?)
Then the O/S is 155,857,509 as of July 15, 2010.
So the way the pps trades here, runs up and down easily on low volume, my guess is that we're still in the 50 million range give or take.
Even a 100 million float is good for pink sheets.
It looks to me like some are loading up at this level while we wait for news...hopefully, this week.
You're right it makes no sense whatsoever. Mop is in line with regulations. They go out of their way to be thorough and careful when putting out information for a PR.
Be nice to get an early start to the Fall rally! The float here seems tight enough to run on good news.
Just thinking - Maybe we'll get that PR this week and then HNSS will be able to discuss more with you after the release of a material event?? later this week. aimo.
Financials would be out by end of October although a financial disclosure could come at any time.
Impatient day traders are selling right now and hoping to bring the pps down again for the next PR and run.
I agree, not much we can do but buy more on the dips and/or hold.
MOP will PR when solid news can be put out.
Please, nothing is being hidden, as you know. It's not uncommon for larger companies, ie. big oil, to control who can use their name in PR and when.
MOPN did the right thing and PR'd a material event providing information within their agreement and parameters of their vendor contract.
More information can be revealed with a financial disclosure and/or financials in the near future.
I see that common sense strikes again.
Good to see you on as head MOD DFS! A sign of more good things to come for MOPN, imo!
Is news still expected this coming week? TIA.
Not much volume last week though so maybe with today's volume the selling is about done.
Looks like some are settling for a double today and looking to ride some free shares.
Guess we'll see how that strategy turns out once news hits.
Mid week would be tomorrow or maybe Thursday?
Must be some good news coming for that price target?
Looks like a shake out to scare up more shares since it's all being done on such low volume. Good indicator of a small float.
Hope no one had a stop loss on this.
If the float is low then this will run on news. Be nice to hear from the company soon.