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Noah is no longer IR for CAVR. Billy says he is looking for a new firm.
MOMO, thanks for the reply. I trade using e*trade Pro. Margin requirement for shorting pennies is $10 PER SHARE, so shorting pennies is absurd.
I have noticed that several on these penny stock boards claim to be shoring and was just wondering what brokers allow it and how much it costs. I am not interested in shorting pennies.
I much prefer playing the options market but bought a couple of pennies based on input from a friend.
When I get out of the gambling mode and into the investing mode I write covered calls.
Thanks again for your input.
MOMO, what broker do you use? What's their margin requirement for shorting pennies?
MOMO, what broker do you use? What's their margin requirement for shorting pennies?
Soon we will be able to selectively buy in the singe digits.
CAVR...I have no love for either candidate but would pick Romney over another 4 years of bama but I don't think Romney has chance. His momentum was building until Sandy put a crimp in the whole deal.
Karl, well it's past "early next week" so I guess no news this week. He really needs to get the attorney letter out on the 2nd qtr. and to file the 3rd qtr on time. News about back in production would also be very welcome, but, as you say, we have heard that before and before and before.....
Is Noah still IR for him or has his 2 years already run out?
Liquid here's the active web site..I think:
http://www.health-enhancement-products.com/
HEPI stock now at 12 cents soon to be back in single digits. I don't care what the test results show on PAZ, those of us that have used it for years know it works, but that does not mean the company (what company an overpaid CEO and an overpaid production supervisor..2 whole employee's one even works a couple of hours a week) will ever make any money on the product. My guess is anyone that bought the stock above a penny will end up writing it off. And yes I have paid a lot more than a penny for a few shares.
BigBake1, you and 1 or 2 others on this board are about the only ones who actually understand how the OTC electronic trading system works. Keep up the good work.
llessurk, you write:
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Some of the bashing on this board the last 2 days has been comical, the say the least.
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You are so right, especially the comments about the MM's and the shorts. There are those on every board that actually believe that MM's actually are involved in trading these pennies. It's all done by computer, no humans involved at all. And as for shorts E*trade requires $10 cash or marginable securities for each share of a penny one would short. i.e. is you wanted to short 100,000 CCAJ you could but you would have to put up a million bucks to do it. As you say it is very comical, but it will never change.
Will CAVR ever trade again???
Nah been in and out already.
You're right. All the pumpers gone, stock in free fall.
The sign of a death spiral for penny stocks; board posts go from 3-4 hundred per day to 50 to a dozen to a few to none.
ATDF bid .0012 for 1.5 million shares...look out below.
What's their net profit??? Rev means nothing if you are not making money.
All the pumpers have left the sinking ship. .0017
Listing and Delisting Requirements
Before a company can begin trading on an exchange, it must meet certain initial requirements or "listing standards." The exchanges and the Nasdaq Stock Market set their own standards for listing and continuing to trade. The SEC does not set listing standards.
The initial listing requirements mandate that a company meet specified minimum thresholds for the number of publicly traded shares, total market value, stock price, and number of shareholders. After a company starts trading, it must continue to meet different standards set by the exchanges. Otherwise, the company can be delisted. These continuing standards usually are less stringent than the initial listing requirements.
You can find the initial and continued listing requirements on the websites of the New York Stock Exchange and the Nasdaq Stock Market. Neither the Pink Sheets nor the OTC Bulletin Board has listing standards, although the SEC requires companies to be current in their filings before their stock can be quoted on the OTCBB.
You can also find out whether the New York Stock Exchange is seeking to delist a company by visiting the Reviews/Suspensions section of the NYSE's website.
http://www.sec.gov/answers/listing.htm
karl, maybe the reliable source can find out when the attorney letter will be submitted (so that the warning sign can be removed) and if the 3rd qtr report will be out on the due date Nov 15.
downbutnotout, I believe market cap is 4.1 million but maybe I slipped a zero.
1,900,000,000 X $.0022 seems to equal $4,180,000 market cap not 500K
Yep those comment repeated over and over and over and over...
Copy your electronic transaction receipt and post it then maybe the board will believe you. I don't.
There is always a buy and a sell for any transaction but it is not always retail.
joeysco, THAT WAS A SELL!!!
350 posts this morning saying how great CCAJ was going to do today...ALL WRONG...
Not a snowballs chance in hell this will close in the .005's today.
Dream on
They made their report just have not go the attorney's letter out yet. And what's the point because their 3rd qtr results are due Nov 15.
nosurf, great set of questions, good luck on getting any answers. I emailed a simple question to Tony (4 times) and finally got an email back that did not answer my question.
Mrktman, I would certainly like to know the broker he uses to short sub penny stocks. E*trade has a margin requirement of $10 per share cash or securities for every share of a penny stock you want to short. If you wanted to short 100,000 CCAJ then you would need to put up a million bucks and that cash and or security would be frozen until the short is covered. Doesn't seem like anything a sane person would do.
Avalanche Monday is not a market holiday.
With 2,284,739,050 shares outstanding CCAJ would need a net profit of $571,184 to justify it’s current price of .005 (using a std 20:1 PE). I realize that 20:1 is probably not realistic for a penny with what appears to be a great future like CCAJ, but it is at least a place to start. Given the new order 0f 700K, the exposure and possible national recognition based on just this one order I think it’s fair to say the stock is under priced especially when you consider how many pennies are selling at higher prices with absolutely no products, orders or income.
Here's the link to SUNR MM
http://www.sunrisecorp.com/
Robin, this was not news and should have never warranted a PR. They submitted an application....LOWS HAS NOT APPROVED THEM YET.. that's when the pr should come WHEN THEY GET APPROVED. This pr was done so that the company could sell 20 million or more shares.
NAPLES, Fla., Oct. 3, 2012 /PRNewswire/ -- Earth Surfaces of America, Inc. of Naples Florida, a wholly-owned subsidiary of Coastal Capital Acquisition Corp. (OTC Pink, CCAJ) announced that it has submitted its application to distribute its terrazzo concrete products, including countertops and pavers through Lowe's Home Improvement stores.
.005 up...now's the time to load up on cheap shares, that is until .0045's are up...got a big laugh out of all the hype yesterday, gonna gap up, .007 then a penny, .008 by 10ma etc etc etc. So so funny.
You've seen the pump you are now seeing the dump.
I'm looking for $4.60
The Company is also pursuing the use of its patented algae culture as a direct source of micro-nutrition and diet supplementation for beef and dairy cattle, whereby the beneficial algae is grown in large volumes, compressed and sold in bulk through licensees. Outside the US, dietary supplements and feed enhancers for cattle are a rapidly-growing, billion-dollar segment of the agricultural industry. Company management is confident that compliance with international standards can be met in a relatively short period of time. About 10 years
Let's see where have we heard this before...OH I know for 5 FIVE years....Product will NEVER EVER be monetized. HEPI stock certs will make good wallpaper.
On a related front, Company managers are expected to provide new information regarding the chemical composition of the bioactive compounds that were the subject of the Battelle research program. Technical issues have delayed progress for several more weeks and the Company has authorized additional resources to be focused on separating the target compounds from the salts used to isolate them from a sample fraction previously shown to have bioactivity. This has been an ongoing challenge over the past year....5 years, 6 years, forever. As can be expected in life sciences R&D, and particularly with natural product elucidation, unforeseen obstacles can and do create delays in the process of commercializing the Company's core intellectual property, although management has expressed confidence in achieving the hoped for results and announcing forward progress in the weeks to come.