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well then that just leaves alot more room for dumping into the float then.
well whaddya know PROOF.. good job dude. sorry to those who got suckered in.
good thing nobody is short.
heres proof..
CAMS Security Details
Share Structure
Market Value1 $2,920 a/o Oct 20, 2011
Shares Outstanding 2,654,873 a/o Jun 30, 2011
Float 331,773 a/o Jun 30, 2011
Authorized Shares 10,000,000 a/o Jun 30, 2011
Par Value No Par Value
over 70million shares sold on a stock with only 2 million outstanding??
please.. and close down.. thats retarded
NO...
it got pumped and gapped in the morning..
so the biggest suckers bought at the gap open.. it stayed at that price til the bid dried up and then they take every sizable bid thats close.
you said it was in danger of falling this morning.
the ask got walked down because they could dilute at 17 anymore so they sold em cheaper. its been happening all day
keep trying to spin it anyway you want.
yes they were. and likely so were almost all the people pumping this stock today..
i will think what i want because im right..
the stock gapped up and got diluted into.
the only reason people that bought this stock today was because of something they read on a hype board this stock was never in any danger of getting over 17's
you dont have record volume and then plummet. this wasnt a breakaway gap like you wanted to try to pump it to be, it was a Fabricated gap that got immediately diluted into.
OH MY GOSH>>> 0016 up.. theyre falling fast.. get em now!!! 1 hr later 0014's are getting crushed bid support!!
please.
i think you're right.. a wad of trades came in just a hair before 3:00 and it really took off.
actualgains.com is doing the promo in conjunction with a pump and dump..
thats why nobody made money today.
no.. there was a blatant GAP in price. followed by the float getting "blatently" dumped into all day.. 17's were never in danger.
every big bid got whacked and theres plenty of shares to sell.. easy to manipulate dilution.
folks pumped it the night before created a false hysteria. the stock "gapped up" then sold off all day. into the float..
anybody and i do mean anybody that bought today lost money.
nah.. that bid got whacked as soon as it popped up.
still way thin on the bid. alot of eyes on this.. could be news coming out, but i just think it was a bit oversold. so this looks like a correction run. itll chill out here momentarily
yea except 1... it didnt get walked down it gapped open after a paid pump at which point tons of shares were dumped onto the buying public..
this stock was in no danger of cracking 17's today and to say so is ammature. crackin .0011 now thats far more likely..
if you bought stock today you lost money. PERIOD..
rally coming out of oversold. i dont think its something looming. but its gonna run a little here. theres still no bid.
except it aint ran. it sold off all day today.. i think i look somewhere else for advice
bought sdrg today. if you guys got time gimme a read on that. i think its ready to pop within a week
where did you get that information?
i think you need to rethink that. Market makers had nothing to do with what happened today.
this was a paid board pump followed by diluting right into the float and it happened all day long.
there was never any bid support. if you bought today i would not be happy about it.
this was a 100% no basis run and selloff that was straight up paid for. i rarely say stuff like scam but im willing to bet 90% of todays volume was all do to buying from folks who saw hype on a board with next to zero dd. they show a dealership pic with cars in a podunk town "susanville" web sites that dont do business worth beans. man i am sorry. it was certainly manipulated but it wasnt marketmakers so good luck with that.
am i missing something? there are no bids.
you might wanna rethink that.
its soo close.. you can just feel the pressure mounting.
get those financials yet?
as of today.. right now though? this stock is over priced and is poised for a correction.
well thats hard to do.
even if i could verify it id still trade the stock cuz i treat companies like they do their bottom line. and if a can turn it multiple times that multiplies my profit margin substantially vs a long term investor.
however that being said.
i believe everything the PR's say. i believe they are expanding i believe they have record sales i believe they are hiring. my concern is at what rate and how much and how close are they to being out of debt as opposed to creating debt and how much of it they have.
im not calling them liars but i do have suspicion that they delayed financials for dilutionary purposes. if i were long which i rarely if ever am i suspect id stomach what happened but i wouldnt be happy about it. long term i see definite upside.
yes i agree and good luck to all you guys, i truly mean that. and trust me i wont miss the boat. im always watching. this one in particular for about a month now. only traded it once.
god bless. im oot.
the problem is you cant disprove the theory cuz you dont know what the float is.
yes god forbid that the people that actually fund this operation actually get a financial statement.
i mean that makes sense to me. hey everybody buy our shares "record sales"!!! uh no.. you cant have financials, but please by all means please buy the paper anyways. they have no obligation to you.. theres no dividend.. you're buying air until they do.
the investors, traders, flippers are what allows this company to even exhist and you dont think they are obligated? remind me to open a business and hit you up for money.
what? i dont even have the slightest idea what you're getting at. i guess this was meant for the other guy.
cool im down with that. but please understand people like me come into rooms like this to gauge where to make our moves as well.
ok.. ill be waiting on that. you got a timeline for me?
and ill remind you when the stock plummets 30% from .047 like i said. maybe you'll be long and strong my man, but there's alot of other who arent gonna be. that i can assure you.
these companies can only duck and weave for so long.
i see so they paid for everything with what? a loan? from who? i mean id like to know. but nah next week is fine. if i had 15 mil shares dude id be pretty pissed if i was you.
back in the red? they arein the red. thats why i wanted to see the financials.
the sales margin is 60% now add your operating costs..
this is a pointless argument. im pissed because i wanted the financials today to prove what they said was going on, and what i got was..
uh..
we decided to spend a bunch of money and sell you shareholders some more paper. but dont worry "next week you'll get em"
what other expense would eat up the other 100 to 200k..??
how bout starting with the 8 grand a week in payroll you just mentioned x 12 weeks..
thats 96 grand my friend.
8000 a week plus workmans comp, plus merch plus the lease and whole ton of other stuff. you do your dd right?
dude they had a 1000 dollar cable bill for the quarter..
they incurred big losses the last 2 quarters and have inflated their assests by 1/2 million bucks with some sort of movie portfolio.
well i would of traded today if they would of done what they said they were gonna do. im sure ill end up back in at some point just not right now.
i guess we'll see how my dd stacks up.
ill say it again at least 30% dip in price from .047
so with todays "great news" why did the share price open below yesterdays close and end the day for a zero % gain from yesterday?
i understand, and thats the difference between you and me. im not an investor. im a trader.
but please do keep in mind. they are projecting 1st and foremost the gross for those quarters. they arent netting 100 or 200k
and i suspect this quarter and the next just like the last 2 will again show red ink and debt . if their debt to income ratio improves and becomes positive, then yes you will have made a good decision. thats at least a year out i think.
you have a nice day too. and you're only speculating the float figure to make it fit yours. i wonder why the T/A wont disclose that?
i looked at 2 quarters of financials. what did i miss? the debt or the hundreds of millions of shares added to the O/S?
i dont wish for anything to fail. just calling it like i see it.
no different than the company getting everybodys hopes up for financials today and then delaying for a quick buck. whats your point?
they can make more selling stock than selling pannyhose clearly.
yesterday they sold 7 grand in merch.
however the stock sold almost 6 times that amount.
$40,000
if you're them which one would you rather sell?
what did you think you were gonna find something suspect in my post history?
well i looked at the last 2 quarterlys and nothing you said in relation to the float can be verified. so if you can show me id appreciate it. i did find this though.
Conversion: Conversion at Option of Holders: Provided that, and only to the extent that, the Corporation has a sufficient number of shares of authorized but unissued and unreserved Common Stock available to issue upon conversion, each share of Convertible Preferred Stock shall be convertible at the option of the holder thereof.
in other words debt holder can dump into the float at their leisure.
they portray a positive outlook otherwise. minus being in the red and in debt of course. my opinion still stands though. its overbought and gonna correct.
the float is the critical figure to know.
so OS according to you has increased increased what? 24% in the last 3 months? 121 millions shares added. that makes sense why you arent seeing the gains you should have.
15 mil is alot of shares dude. hope you got em in the 2's
yeah i got a question. how much is the float. people keep sayin im wrong
1. What debt are they acquiring?
they just opened a new store and added employess
2. How do you know the company is not profitable?
they had to use all their "resources" to fund expansion.
whats profit to you? when you owe more than you make or when you make more than you owe?
3. How do you know the share price is a little high right now?
i dont know it is, it is my opinion that it is. just like you think the price is too low so you keep your shares.
your... "ibox" fails to mention the float.
if yer a mod put it in. i looked at otcmarkets.com float 179 mil
579 os.
which means somebody has 300 million shares they can sell at one point or another. if you got something more recent id like to see it. but you have NOTHING in the "ibox" about the float.
i.e public shares
i dont have to see financials to tell you they are in debt and are acquiring more debt.
they just said it today
i know the company has debt is acquiring debt and is not yet profitable. i also know that the share price is a little high right now.
yes i see the drivers, panny hose a dollar store swim wear, i get it. ive been watching.
its over bought and i believe your resistance level is setting up to be .0047 from that pps you will see a minimum 30% correction. if im wrong then hey im glad for you. i think the correction will start tomorrow.