Contemplating my business/loan disasters of last year.1@
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God damn pumper...
Anyone have any clue why this stock seems to be going down? I am averaging about 0.002 on this stock, but it looks to be heading toward 0.001 according to the charts... or maybe I'm looking at the chart incorrectly... any chart specialists in this board care to correct me?
Well I hope you're wrong, but we'll see soon enough I guess or I hope anyway. I just hope the float hasn't increased by much, but that might be just wishful thinking on my part.
But wasn't your position on this stock that it was a shell? Why would you put money into the company if you think it is going no where, to flip for a small profit?
Hi, can anyone tell me what the current OS count is at for this stock?... This stock is still alive isn't it? It appears alive, just clarifying... Because apparently a couple trades went on in QBID, even though it is clearly dead.
Yeah his time on NSOL should hopefully pull us out of this lifeless run we've been having.
Hey Penny, what is your opinion of FPPL?... Seems to me like that stock is really similar to EQBM chart wise...
Ok, so you wanna blow what I said out of proportion, thats cool with me... I never said I didn't want you to post... But anyway, I hope I hear a china deal PR soon as well...
Ok now I know your intent is just to mix facts up... I NEVER SAID EQBM wasn't trading in frankfurt, I stated that it was listed there, just hadn't begun trading yet... I believe most of the people on this board were under that impression right? Or was it just me?... Again you state that I think you shouldn't post here... ok whatever, say whatever you want... It is clear now you're just trying to lobby for sympathy when you're blowing what I said out of proportion.
"On one hand you are saying it is sneaky or something bad to relay what Larry says"
Never said that at all, you again seem to have a problem comprehending what I actually wrote.
"You have chose to read what you want obviously."
I think it is you that is reading what he wants.
The more you talk like this the more I think I've hit on something here... And I've also said that I could be wrong, but can you explain why you still haven't bought any shares since you started posting on this board? Your count apparently is *STILL* at 2.6 million... It is fine if you think you've bought enough, but if you go back to your earlier posts you were continually encouraging people to buy at 0.02 and so on, and you never bought any yourself. I just thought that was odd... No on second thought, don't answer that, I don't want to know, you'll just come back angrier than before because of some hidden meaning in what I said.
Anyhow, you seem to me dragging this a lot farther than I'd care... even though I repeatedly said that I could be wrong and that it was just my opinion/observation... but anyway, everytime I post now it seems to make you more aggitated, so I'm done discussing this...
Its about time... I hope to see EQBM on that list, atleast it will be some kind of explanation for this stock going down.
I thought that was the general notion, someone (maybe you) posted it on here. I could hunt the post down that indicated that, but I remember reading a post where someone had suggested they spoke with Larry and found out EQBM wasn't yet trading on Frankfurt yet due to him not having his bank setup.
"Anyhow, your intentions might be good here WTL, its just a sneaky way of going about what you seem to be doing IMO"
Like I stated, I don't view what you're doing as *negative*, but IMO it seems like you're a spokesperson for EQBM... but again this is JMO. I have no problems with you relaying information from Larry, but it just seems like you're defending Larry most of the time.
I think you mis-understood my post a little, I don't care if you post here or not, nor is it any of my business what you post here... I was just making an observation, and if I'm wrong, well I'm wrong and I am sorry... This is the first post you've actually posted where you consider the possibility that Larry might be lying... You've never done that before... Not saying that you shouldn't trust the guy but it just kept adding to the overall picture that you *may* be more than just a shareholder here.
Now, I'm not saying having a spokesperson here from EQBM is a bad thing, FAR from it. I think if you are indeed trying to put out fires here on behalf of EQBM, then that is fine, just as long as you're not upto something caniving which I can't assume you are.
But anyway, all I was doing was making a few observations, it wasn't an attack at you, it was more just me being confused about your true intentions on this board. Anyhow, I'm in the process of doing my own DD on this stock in the process, and come monday I hope to have a few of my questions answered.
"We are very pleased to be trading on the Frankfurt Stock Exchange in order to give international investors an opportunity to invest in our exciting global mining company."
I think at this point its just listed on the exchange *ready to start trading soon*, but Larry himself has said that trading hasn't started there yet because he doesn't have his bank setup yet. Who knows when it'll actually start trading, but I hope it is soon...
Well, I don't know where this stock is going, and I'm not going to make any calls on that yet since I don't have any proof otherwise.
But as far as your observation of Way Truth Life is concerned, I hate to say it, but I think you're right. He's said quite a few things on this board so far that don't add up. He's said that he's bought this stock from 0.06 onward, yet he seems to be unphazed throughout the whole averaging down process. Every post he's made so far has been basically relaying information from Larry to us telling us to hold on and great things to come. Every god damn post he's made looks like a "putting out a flame" type of post where he's basically trying to get us comfortable with the pps drop... Every post where you seem remotely frustrated at the PPS dropping, you share the same view as Larry, must be flippers or shorting... You never once entertain the possibility that it could be dilution... Infact, if someone suggests dilution, you're quick to come back with another call from larry saying it isn't... So over the weeks, this guy and Larry have gotten to be good pals, thinking on the same plane...
And then one day "He was very short with me at first and even called me one of the flippers." ... Makes very little sense for him to suggest you are one of the flippers when you have spoken to him for such a long time and he pretty much regards you as one of the longs. And on that note, I really don't think it is really considered flipping if you're flipping for a 5% profit or a 5% loss... This stock has been consistent in dropping and it isn't a stock to flip at its current state... Plus if people turn around and sell, can you blame them? Maybe larry should focus more on his business than watching the L2 quotes.
Also, just curious, EQBM is the only board you seem to be posting on... Almost everyone on this board has posts in other forums, you're the only one that has posted only on EQBM... Why is that? Is this the only stock you have your hand in? For someone who's new to stocks, you've got a little under 2.7 million shares huh? Tell me, when you started posting on this board you had 2.7 million shares, you must have a lot more than that now right? What's your total share count right now, because the last time you posted your share count was over 2 million (have to assume you're still under 2.7 million shares)... Then tell me why this whole time you've been spouting from the beginning, all through out the drop, Buy BUY BUY... GREAT PRICES... BUY (not in those exact words, but the underlying point is pretty much the same)... and you've not bought one share... oh because you feel you've got enough shares huh?
Well either way, I don't know what your agenda here is WTL, just pointing out the obvious... I'm still giving this stock a chance, not bailing yet, but you worry me... I'm sure you'll come back with "You're a basher" or "How can you be right, I even exposed a pumper once" (by the way you should go back to that post, you exposed a pump attempt and came back with a pump of your own...
"I talked to the CEO and he told me immediately your were full of it and that there was no buyout. He also said he clealry stated there was a Joint Venture they were doing with a long term partner."
Anyhow, your intentions might be good here WTL, its just a sneaky way of going about what you seem to be doing IMO...
No we haven't... Trading hasn't started there yet, Larry hasn't setup the banking info...
That isn't a guarantee, it is just stating his prediction for the coming week... Stock holders aren't allowed to issue guarantees (unless they have insider info :) )... I don't know if this stock will go up or down next week, but neither does anyone here... So how about we wait and find out... Those that have had enough with this stock, please sell, those that want to try their luck, buy... Its all a gamble, this stock may very well go down to the tripple zeros... no one knows... So cut your losses when you feel uncomfortable to move on, thats part of the game, there are other stocks out there.
Just to point out (not that this has any relevance whatsoever) but you should read some of your posts from june 30th and before about EQBM... They were all *pumper* posts on other boards as well as this one... Not that it matters really, bash this stock if you wish, but just a cautionary note, if you want to get out of this stock at a slightly higher price to minimize loss, it would be beneficial to not rain on this stock just yet...
Anyone here live in toronto? I live in BC unfortunately, but if you live in the Toronto area, maybe it would be worthwhile to go visit the Bonanza Red lake mining area to see what is actually going on over there.
Oh ofcourse, technical analysis is really for the periods without major news... Doesn't matter about all the bullish trends, if they can't deliver on the 15th, this will slowly head further down leaving mostly longs clinging onto their investments. Charts just show the trends and they show you the probability of success or failure... So its really a "If this tanks to a low, I'll prolly lose 50% of my money... if this succeeds however, I'll make 5 to 10 times my money..." and so IMO reward outweighs the risk at this point.
Thanks for the chart, that looks positive for EQBM right now... From the charts it seems like we maybe headed towards an uptrend... So the MM's are going to do their best to shake every last penny they can before a more definitive bullish uptrend gets formed.
Loss, by all means you should indeed do what you think is best for your portfolio, trust me, everyone of us is looking out for ourselves as well. If I feel that selling is my option at any given point, you bet your ass I will sell and I won't think twice because I'm past my threshold of loss and/or I think my move is right. But after you sell, don't bash the stock, provide facts that help us understand your point of view, but make sure that your view isn't biased in anyway. This is what themuzic was doing, he sold half and then trashed this thing to no end, without providing helpful facts or proof to help us see his point of view. Good luck with this stock, all we can do at this point is hope that the CEO is being honest.
Sorry to hear that... I'm down about a grand on this stock, and I already feel really miserable... But keep in mind, I have not made any money on stocks, and this is money that I work very hard to earn.
3.5 million shares? wow, what's your average pps for them? if you don't mind my asking... I see that you purchased it when it was at the 2 pennies to 1 penny range... I hope this stock makes it, I really do...
Yeah, I hope this works out... But yes, if this coming week doesn't bring any real sign of progress, I will probably still wait till the 15th atleast, but after that I will probably bail... I don't have the patience required for true long term gain I guess...
What was wrong was, you didn't drop completely out... Sell all your damn shares next time and be done with it...
As far as I can tell, the only reason why he keeps restating it is that he sorta wants to feel like he made a smart decision dumping off half his shares for a loss... What puzzles me is he's still holding onto the other half... so I don't really know what he's rooting for more, the pps going up or down... I'm guessing, and this is only a guess but he's hoping desperately for the PPS to go up to .009 for a short instant, sell off the remaining shares and then he's hoping this thing crashes to the tripple zeros...
By the way jerk... What price did you sell 1/2 your shares at today? Because I happen to think that when this thing hit .0083, you sold off your shares and the price went down as a result and created a bit more panic... Tell me, why then would you bash the stock, when you were the one responsible for it going down...
Ed, do you have any shares of EQBM? If so, how many? I hope you're trashing EQBM while you own shares, since then you have a legitimate interest in the outcome of this stock... Unlike themuzicmen that dumps half his shares and then turns the whine volume to mega loud... I can only imagine when he sells all of his shares how loud he'll get. I don't mind if people have concerns about this stock and ask reasonable questions, but lets stop the senseless bashing of this stock...
If that's the case then why not pump up the price through fluff PR's and then dump? Also, how come the sell's that were initially causing the price drop were very low in quantity, which eventually caused some large sell blocks from panic holders.
Besides, when the spread is so wide, it usually is a good sign, MM's are trying to stop trading at this point...
ddwalker, I didn't say you criticized him... that post was a general post to those that feel they should critisize someone because they're frustrated... Anyhow dd, you should read through yesterdays posts... all of the ones from WTL and some of the others... You'll have a much better point of view then...
Please put the people who critisize you on ignore... Some of us find your posts valuable... I think everyone's just a little frustrated... When some kind of news comes out, everyone will be in a good mood again.
What's the ask and bid at now?
Now's your chance to get out of this if you want... but please, if you have to sell.. don't be desperate and sell short, try to sell at the ask...
hmm... you're only in it for about 7 g's? Dude, well money is money and the amounts mean different things to different people but, seriously.. there are some people on this board alone who are in this stock for 4 or 5 times that amount and more... imagine how shitty they feel everytime they see that ticker turn red... Anyhow, lets hope tomorrow works out for us... I'm hoping the MM's go the other way around on this stock now that we've got a lot more volume...
How about we wait for news before losing our heads here? You've waited so long already, and like you've said your shares have gone down a lot, so just wait it out atleast till the 15th... we know you're waiting it out since you can't bear to give your stocks away right now...
I'm new to stocks, and I picked pennies to start with (what a mistake that was).. I've not had a winning trade yet because I lack the patience and the knowledge to trade with pennies... But I'm learning... Believe me, I've got $7k of my actual hard earned money wrapped up in this stock and it really sucks to lose hard earned money. I'm not going to pretend like I know whats going on and tell you that it will be better, I'm just another hopeful hoping that I'm part of a legit penny.
I could start listing reasons for why I think this stock might pick up from the slump that it is in, but then that would again just be my opinion and would be pointless. But complaining about it to us isn't going to help you, its just going to make some of us feel worse about what we may have gotten ourselves into. Any investment out there that has a high rate of return is by definition a gamble, and no matter what you may think, the rest of us know what the risks associated with this gamble are.
Well if theres problem with naked shorting or whatever, why can't larry do the same thing that was done on RDYF... There was naked shorting going on there, they couldn't control it, so they suspended trading on it for a while till the problem gets resolved... I would have no problem with them stopping trading for a week to get this sorted out... Wonder how such a thing would even be possible... But if it is easily doable, it would kill off all this negative action for now.
"As shareholders we should be kept updated."
Fully agree, and when you're talking to him later today, pay close attention to the tone of his voice when you ask him about the extra shares... Haha, I actually have a program on my home PC that analyzes someones voice and tests it for stress levels and such (lie detector)... But yea, hopefully he will be honest with us about the shares.
Well you're too late today for 0.005... But tomorrow, or the next day, I think you might just get your shares...
My current share count is: 826,354 shares.
Thanks for keeping us updated on your thoughts on the current situation... I honestly wished I had stuck to my initial guns and not looked at the stock today, but that lasted about an hour... *sigh*... I did pick up 124k shares today at 0.0063... so that brings my total to about 826324 shares in total... and my position average is around .0083.. So I'm underwater as well at this point, however not as much as some of the longs.
I think at this point we need to start being realistic about this stock, and stop throwing more and more at it just because prices seem like a bargain. Remember, we're still about a week away at the very least before we hear anything positive, and as such we need to brace ourselves for more "amazing deals" (by this I mean more drops in PPS that makes our stomachs churn) about to come...
The worst part is today I'm sure a lot of day traders/momentum traders picked up a fair number of cheap shares, which would indicate that if the price indeed went up to .008 again, lots of selling will ensue, and we'll head back down again...
Good attention or bad? I don't want the rest of IHub laughing at us.
Someone should contact UBSS, pretend to be an Auditor for SEC, and request an appointment to go over the shares that they've traded over the past 2 months... One thing that puzzles me is why Larry the liquidator doesn't seem to be all that razzled by the drastic decline in his stock's value... Unless he already knows why its going down and is being extremely untruthful about the whole thing with us.