trying to survive in a crazy world
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goog hit 302 nice ride little profit taking now. should finish strong. bought $290.00 calls this am
Watch GOOG for a nice bounce $290.00 calls
Out DRI nice 130% have a great day
Anyone looking at SAY for a FEB bounce?
Take a look at DRI for some QUICK puts. Think this is going to back fill the gap at $24.98.
Coming down more on monday, good day to be short.
mdg66 thanks, confirms what I was thinking.
Thanks,,,,,,awesome interview.
Re SPG curious, considering that they have a conference call Jan 30Th re earnings, are you looking at Jan Puts or are you looking further out ie feb or march? Thanks.
Re SPGI curious, considering that they have a conference call Jan 30Th re earnings, are you looking at Jan Puts or are you looking further out ie feb or march? Thanks.
Where is the model for the new landscape from? The windy city.
Coruption is the norm. It's just a way of life in many areas of both politics and business. I really would not look for any change based on that theory.
Recieved proxey from e trade. would this imply that they acknowledge that I am a real shareholder? Would seem if the wanted to try and bail, this would have been a pivitol point for them.
Starting to remind me of fantasy Island. Oh well, cheap entertainment or hobby if you enjoy it.
Dormerfan and lAKERS, THANKS. Finally some reality.
I stopped fighting it, most just don't want to hear it and would rather enjoy fantasy. Believe me, no one would like this to trade any more than myself. But Megas is no hereo. And if it hadn't been for the probability of a short squeeze I would not have been here to begin with. High risk, looking for high reward.
Have Fun,
Well nothing new going to happen here today, time to go and enjoy a good cup of coffee with some friends.
Have a great day, enjoy a great Christmas with friends and family. And be safe.
Have Fun,
Thats the attitude which will wreak havoc here. I just want a double, or oh my God, if I can only get my original investment back. Or, oh well, I had already written it off in my mind. So anything is great.
Certainly they are legitimate attitudes and concerns. And most definitely every one is right to buy or sell as and when they see fit. However for those expecting miracles here, I think it is equally important to be aware of some of the immediate obstacles. And excitable, almost panic types sells will run this into the ground almost as fast as you can blink. I do believe that there is a substantial opportunity here, but timing will be the key. But honestly, when this opens I expect it to run up a bit, drop like a rock. then stabilize until the real trading begins.
Its just to hard to resist. And most will not be able to.
Have Fun,
f1fans I put in a sell order for 900 @ .15 via E Trade. Mirror your order, see if internal makes any difference to them. Really shouldn't, but lets see.
Have Fun,
f1fans I put in a sell order for 900 @ .15 via E Trade. Mirror your order, see if internal makes any difference to them. Really shouldn't, but lets see.
Have Fun,
Thats the attitude which will wreak havoc here. I just want a double, or oh my God, if I can only get my original investment back. Or, oh well, I had already written it off in my mind. So anything is great.
Certainly they are legitimate attitudes and concerns. And most definitely every one is right to buy or sell as and when they see fit. However for those expecting miracles here, I think it is equally important to be aware of some of the immediate obstacles. And excitable, almost panic types sells will run this into the ground almost as fast as you can blink. I do believe that there is a substantial opportunity here, but timing will be the key. But honestly, when this opens I expect it to run up a bit, drop like a rock. then stabilize until the real trading begins.
Its just to hard to resist. And most will not be able to.
Have Fun,
good of time as any in my opinion. Bought some today, both Dec and Jan calls.
have fun,
Only question is who's and when. LOL
Have Fun,
Hwe question is a wonderful credit to her parents.
Have Fun,
Interesting, market is way off, and ntri manages to pick up 5%. Be interesting to see what tommorow brings. Just may be time to enter, I really thought it would drop a bit more. actually I am happy it didn't. Would have hated to see it drop below $20.00.
Have Fun,
No, I seriously think we will continue to drop for a while more. As I said this is a time to watch very close, then jump when you are comfortable.
Aiming4 right now this seems to be getting hammered really bad. Not sure just when it will end. However, lets look at why. They missed earnings by .10 Hard one to overcome, combine with market timing. No real positives to bring it back with the market.
Now look at the cycles. Most popular time for diets, right aftr the holidays, combined with new years resolutions. Business is alwys up. I personally look for the fist quarter to bounce back pretty good. Gonna buck the trend here. I think this is an important time to watch very close, and accumilate. Sell it off in the spring. In any case good luck to you.
Have Fun,
GBGM up 474% anyone know why? eom
LOL Have fun,
OT PDC "PLEASE"!!!!!!
Call someone who knows what they are doing. If you don't know what a volt meter is, or how to properly use it, you are setting yourself up for poetential diaster. Seriously, man in local hospital last week, he touch the two wrong wires in an appliance darn near killed him. Voltage bit him and would not let go. Thank God someone there new what to do, saved his life.
I don't mean to scare you unrealisticly, but there are just some areas where if you don't know and understand what, how and why you are just setting yourself up to become some sort of a statistic.
The problem you are decribing is not that complicated and really shouldn't cost much to find out. Even if you only pay someone to diagnose the problem. Then order your own part, turn off the power, replace it, and pray.
Will be watching to see if I see any of your posts these next few days, just to know if your survive or not.
Good Luck.
Have Fun,
Is anyone familiar with GBGM Global Gaming Network. I see that it jumped 470% today. Still holding some after drastic R/S of media holdings or some darn name close to that.
In any case had vol of over 14,000 today and ran way up.
Can not find any info or indication as to why. Curious if it was a freal movement, or if something good is starting to develop.
thanks for any info you can offer.
have fun,
Arkit, what i said was "our time MAY come." I am becoming of the opinion that for some time now we have been Leverage or cannon fauder for Megas. He has insinuated several times that we could ride on his coat tails, but he wasn't going to carry us in his pocket.
I see one of several things happening. At some point Megas merges something into bcit which has value, or sells it off as a shell. Think about it for a minute, does he really need the money? I don't think so. He had already sat on it for some time before this fiasco happened. And that is what I would expect him to continue to do.
If you agree with that concept, there are a couple more things to consider. If it is his intention or hope to merge something into this, then is it really to his advantage for this to trade now. If this were to trade now, there would be all kinds of crazy things going on in the market as it relates to this stock. I would expect a bit of a short squeeze here and certrianly the poetential for some profit. Then it drifts away, quietly. And this will happen the moment this does trade. However if megas really wants to capitalize on all of his efforts and make serious money (which you can bet he does.) Then with time on his side, I think he has said that before. But with time on his side, he just stalls until such time as he is ready to make a move. Merge something of real value creating real value for the share price, now what happens. It starts to trade, we have a short squeeze from a much higher level. Runs much higher. Best senario for him.
Now bare in mind, this is not the best senario for the brokers involved. This would lead to a great deal of accountibility, and expense. The best thing that could happen for them is again time,,,,,,,,,lots of time. sadly to say, enough time for Megas to die. Yes I said die, cold, yes but real. In the event of his death, one has to ask if his heirs would have the same tanacity and patience that Megas has. I somehow doubt it.
Company withers away, what do you have a claim for. A rundown disbanded company. No value, strike three.
So, as for the brokerages, they are in a decent position at the moment. They sold shares in a company which they did not have. They are happy to assist you with a trade, but at the moment there just doesn't seem to be a market. As long as there is no market, you can't go after them. Don't know about your account, but they are in mine with a value. Meaningless as it may be.
If it should come to life, would you rather go after your broker for your initial investment plus a bit. or hope that the mother of all short squeezes hits and you are along for the ride.
No matter how one looks at it, or how they feel about Megas or the sequence of events, I think we can all agree that this is the mother of all messes.
Have fun,
Why would we be invited to vote? Our relationship is with the brokers who sold us bogus shares. Corporation was closely held, Megas probably knew all shareholders on a first name basis. Didn't need any of us to approve or vote on anything.
Of course brokers say our shares are legitimate, to concede otherwise would open the floodgates of hell. Even in the unlikely event that they really thought they were procuring legitimate shares, they still fall into the catagory of being the professional with a fuduicary responsibility to their clients.
but again, our time may come, and it will be between us and our brokers. Megas will be out of the picture.
legal, without a doubt that has to be the best post I have read in months. If more posters here were as objective and honest as that reply we could have some interesting moments here. But as you know, no one wants to hear brutal realities. And when you post your own opinion as such, you are quickly and ignorantly labled. I learned many years ago that few people want to admit a mistake or problem or their part. No one likes to loose, or be had, or minipulated. Therefore it is easier on ones ego to ware rose colored glasses and hope. Some day this just may work out. However Megas has crosed a line. This long without any official comments speaks volumes. Thus I don't post much anymore.
But sure enjoyed your post.
Have Fun,
Pat
molson the reason I ask is simple. If their were a billion short shares, I personally would not be surprised. Which is where I believe the Major Stumbling block lays.
1 billion shares at .15 per share is $150,000,000.00 Doesn't look like as much when one just reads the numbers. One hundred and fifty million dollars. Their are people who would kill for that kind of money. I firmly believe that their are powers to be that realize they got caught with their pants down around their ankles. Furthermore they found themselves dealing with someone (megas) who wasn't gonning to roll over like a trained pig. As a result we have had to endure a long drawn out mess, of finger pointing and misinformation.
It is for this reason, if no other that I think we will be stalled for some time to come. Am I happy about that? Absolutely not!!!!!! I could certianly use a few extra dollars right now myself. Would make a substancial difference to me. I only state this to make it very clear that I have far better things to do than spread miscontent. But the cold hard reality is that those who stand to loose a share of $150,000,000.00 will go to great lengths to avoid ever having to settle up.
Let me share one example that has bothered me for months. I myself use E Trade. A broker who handled many BCIT transactions. Seems to me that if I was in any position of control, influence, or responsibility in that company I would want things to be rather streamlined, organized, thus efficient and cost effective as well as saving.
Having said that, why is it that any and every time someone communicates with E Trade they deal with someone different and it always takes a few days to look into what is going on? Can't help but think that they could type in a symbol and see that it is subject to Whatever. Controversy, suspenion, the list goes on, and at that point direct all corrospondence to one or two indivuals. Are we to understand that with all of the inquiries that have gone through E Trade that they each took a substancial amonut of time to awnser, research, determine? Sorry, don't believe it. But I will gaurantee you, if I want you off of my back, one of the most effective ways is to deflect, stall, respond.
They do not want this to look simple any more than any other broker.
While I do not rember the time line, let us not forget that megas had warned of counterfit shares in the market place.
Remember all of the screaming as some of the brokerages independently started to suspend trading? God knows I do. In fact I had place a sell order only minutes before E Trade stopped trading. Needless to say it was not filled. And at that point I was sitting on a nice profit. But my point being Megas came right out and warned, yet the brokerages continued to trade. Thinking this through, if I had been warned, yet continued to sell, do I not have some responsibility here?
Oh well, some day this will be resolved somehow, and it will certianly make for interesting conversation at that time.... maybe we all retire, which I doubt, maybe we recoup our original investment plus interest, maybe we get abused, some more.
But just remember one thing
ONE HUNDRED AND FIFTY MILLION DOLLARS.
Have fun,
molson_ice1 How many shares do you think are floating around? Not including the legitimate ones? Just curious.
Have Fun,
500 I wonder how many shares would be available after Megas and a few close to him exchange theirs. Is it possible that there wern't any left? I would think so. Several times throughout this evdevor, Megas has referred to (and don't quote me on the exact wording) opening the doors for stock holders to resolve their problems. As I stated many maany months ago, our problem is not Megas' problem. While they may be simular, and he can do a lot more to help us, than we can do to help him, it ultimately will be our own problem to resolve.
If in fact he and a few close to him are sitting on all of the ligitimate shares, then he's leading the prade and we will move at his pace. I would see two primary motives for him. First using bcit as a shell to put something else into,,,,,at his own convience and to his own benifit. And secondly, in conjunction with the prior. I see he and his buddies waiting for any sort of "real short squeeze" at which time they get filthy rich. Either way he still leads the prade. I have a feeling that at this point, he is more responsible for delays, than he might like people to realize. Not saying this is all bad. Only that we are more like mushrooms, than lighthouses'.
Have fun,
True, but your beef is not with the MM's. It is with the broker who sold them to you. You in fact gave the "Broker" real funds in exchange for stock in a company. The broker provided your account (you) with shares in a company. Wether they sold you naked short shares or bogus shares is their problem. Now for the rest of the story. If they in fact bought shares from a MM, and they turned out to be fake, that is between them and the MM they chose to use. As a broker they assume some basic responsibilities. They are the so called professionals or experts, not you the buyer. You have every right to expect what you purchased, and what they represented as what you wanted to purchase.
Yep, what a terrible mess.
Anyone notice how the brokers have held firm about shares in accounts being real. No panic or claims on their part about fake shares. Ever wonder why? Probably a gizillion naked short shares floating around. even they don't know the extent of the screw up. Oh well, some day we may get this resolved.
I have traded via E Trade for years. And I have to say that watching their responses which have been post here, I am really beginning to wonder just who is handling my acct? And more important, just how capable of it they are.
Furthermore when I see all of the time different contacts have wasted, I am amazed. One would think & hope that with all of their talants they would have the ability to streamline info in regards to virtually any stock. But no, each contact has to waste a boatload of time doing qoute, unquote "research."
Ah God help them, they sure seem to need it.
Have Fun,
Thank You.
average investor would you mind posting a link to the court doc. Thank you,
Have Fun,
Newair
E Trade still confused.
I recieved the following e mail this evening. Keep in mind that my question was to the legitimacey of the shares in my account. I pointed out the possibility of a problem, and the existance of numerous questions.
Poor guys, some days they just don't have a clue. How difficult would it be to flag a particular stock or subject and get all of the guys on the same page/
Dear Mr. ,
I would like to thank you for your recent inquiry. It seems that ticker BCIT, Bancorp International Group, has had zero volume over the last 4 months. We have sold you legitimate shares. Just to clarify what happens with an order: You place the order through E*Trade, and then we send it to the market for you. Once the order is filled we are informed and the shares will post into your account. We do not sell or buy shares for you, all we do is place the order for you and let you know whether the order was filled or not. However BCIT has not had any volume for all of 2007. Since there does not seem to be a market for these shares you will not be able to sell them in the open market. If the security does not trade or if it becomes bankrupt then the only way to remove the shares from your account is to fill out a worthless securities form. I hope this information has been helpful. Thank you for choosing E*Trade Financial.
Please let us know if we've addressed your questions and concerns satisfactorily by taking a 30-second survey at the following web address:
http://etradefinancialsurvey.com/s04/stu.php?i=164&p=9744
As always, thank you for choosing E*TRADE Financial for your investing, banking and lending needs. We encourage you to continue using the Help Center for any assistance in the future. You are also welcome to call us at 1-800-ETRADE1 (800-387-2331) between 7AM and 12AM EST, seven days a week. International customers please dial +1-678-624-6210.
Sincerely,
Philip DiMarco
Elite Services Representative
M-F 8AM- 4:30 PM EST
1-800-355-8888 X3021311
E*TRADE FINANCIAL
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