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this message board is really terrible
New PYPR message board open
http://tinyurl.com/8a8v9
Huh? There are approximately 6 BILLION shares authorized
click here http://www.nyotcfn.com/pypr.pdf
Thats the .pdf sheet from PYPR.pk's IR department
maninfla, you certainly seemed to do your homework. I'm not certain what point you are attempting to make however.
Perhaps jot down a paragraph or so with your feelings.
Are you currently holding any PYPR.pk stock?
I'm in at .001 like many here, but something tells me most are in way way higher and are holding on for dear life
Just re-listened to the CEO interview at http://www.wallst.net/audioarchive.asp
Just type in ticker symbol: PYPR then download the audio file
Some hilights..
Interviewer -- "Is the company adequately capitalized to achieve it's strategic objectives for the next 12 months or more?"
CEO Mike Terrell -- "Yes sir, I believe we are"... "We've got several things in the mix that I cant really talk about yet, but that are gonna give us a real large presence very quick"
So go register and listen to it. Takes just a few seconds.
Sounds like Mr. Terrell has something EXTREMELY exciting to announce.
A REAL LARGE presence VERY quick?
hmmmmm....
You could always listen to the audio yourself...
Isnt there a way to find out who's naked shorting shares of PYPR.pk ?
Cant the DTC sheets be pulled to identify the shorter?
How can there be 350M shs in the public float? That cant be accurate.
The CEO NEEDS to reduce the authorized shares, imo - something is not right
For further information now on PayPro, Inc., please visit their web site at www.mybankcard.com. (The option for retail online-ordering of debit cards is not available while we add new products and services and functionality to the site. Direct all orders and inquires to the corporate headquarters.)
I've been trading daily - havent skipped a beat. I do remember your nick. Where do we know one another from?
SiMPLe17, I have an idea
How about you bypass the online application and snail mail the company $19.95 plus $7.95 S&H for one of their bank cards?
If you receive the bank card, please let us all know that this company is for real :)
"What if I do not wish to apply online? Can I apply via email or over the phone? Can I recieve an application by mail."
Because of the volume of responses to this exceptional offer, we prefer to accept online applications. Your online application enables us to keep the cost of the MyBankCard™ low. You can always print the application page and send a check or money order for $19.95 plus $7.95 S&H to:
MyBankCard™
2321 S. Beltline Rd. Ste.114
Grand Prairie, TX 75051
SiMPLe17, I have an idea
How about you bypass the online application and snail mail the company $19.95 plus $7.95 S&H for one of their bank cards?
If you receive the bank card, please let us all know that this company is for real :)
"What if I do not wish to apply online? Can I apply via email or over the phone? Can I recieve an application by mail."
Because of the volume of responses to this exceptional offer, we prefer to accept online applications. Your online application enables us to keep the cost of the MyBankCard™ low. You can always print the application page and send a check or money order for $19.95 plus $7.95 S&H to:
MyBankCard™
2321 S. Beltline Rd. Ste.114
Grand Prairie, TX 75051
Wouldnt it be awesome to actually have more than "one line" dialogue about PayPro, Inc? Like some updates on the finer details between some of you and Mike Terrell, or the investor relations contact, Fred Lande?
I know you people are out there..
Speak up
You are unable to access it because you have to register at the website, it's free but I havent done it yet
Anyone notice the CEO interview is up now?
http://www.wallst.net/audioarchive.asp#
Type in PYPR
You gotta register to listen to it though.
No word back yet on the http://www.wallst.net interview with PYPR CEO Mike Terrell
What gives?
Why would you put a sell order in at .0009 ? Why take the loss when it's already so close to zero? Doesnt make much sense to me.
Anyway, this is the website that the interview with PYPR's CEO, Mike Terrell was slated to be on:
http://www.wallst.net/
In the press release from the CEO, he stated he knew of no material reason for the high volume selloff in the stock. My question remains, "how can he not know where these shares are coming from, if he's the man in charge?"
As far as I am aware, there are approximately 6 BILLION shares authorized, and Mike Terrell is supposedly going to reduce that number substantially (remains to be seen, however). The float is reportedly 350,000,000 shares but that too makes little sense, if you look at the volume over the past several sessions. Shares certainly appear to be getting dispensed, but where are they coming from -- naked shorts? If so..why? Whats the downside? Who wants to ruin this company?
ugggh!!!
I'm in from .0011 and .001 and I'd love to see a 400 - 500% price increase from current levels. It's entirely up to the CEO what he does to increase shareholder value. It's disgusting the shares have sold down so low. I just hope there isnt a Reverse Split in the works. The CEO NEEDS TO ISSUE some sort of update to it's shareholders, instead of allowing us to sit in the dark like this.
You have a position at .0012 ?
You dont hold any shares at higher levels like most of the people here?
Havent you been a moderator of this forum for some time now?
Games market makers play:
More and more investors are winning the game
nowadays despite all bashers that float through the
Internet that has become part of the game. Floor
traders of market makers often watch CNBC, news
wires and bulletin boards in order to follow the
market during trading session. OTC BB market makers
(MMs) don't use fundamental and technical analysis.
However, what they do realize is a lot of dumb
money does use this newest niche charting or TA
(Technical Analysis) to run a stock either up or
down. To the MMs this is like taking candy from a
baby. Simply they will paint the tape and use
whatever tactic to affect the charting bands. Thus
the public and dumb money they will have eating out
of their hands. Effectively the MMs can show a
strong stock growing weak by manipulating the close
price in order to generate selling volume, delaying
trading time to manipulate trading activities, or
even stalling the ask without honoring orders to
hold a stock price.
MMs follow a simple code of business when making a
market in a stock especially an OTC BB / PS. That is the
level that stocks will seek that yields the most
volume. Now this is very important because they
make money on the volume buying at the bid and
selling at the ask. In other words, by making the
market they are buying low and selling high. Now
smart money adheres to that rule, so do all the
market makers. They could careless whether the
stock is at $22 or at $0.0002. All they care about
is the action thus being able to sell stock at the
offer (The high) and buy stock at the bid (The
low). To increase their profitability, they make
the spread as great as possible on as many shares
as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not
the price that's going to yield the most volume.
They need both buy and sells to get the maximum
action. Remember, MMs play the volume. If the
volume decreases and there are mostly Buys that
become a one way volume, Buy volume. So what they
do is let the stock run up to a price where it runs
out of steam. They fill all the buy orders there
that they can and then comes the pullback one way
or another naturally or induced. During the pull
back they can buy tons of shares and flip them to
those averaging down or trying to catch the bounce.
At some price, the stock will be relatively stable
and yield the most volume. Now that is the average
price you will see
The average price is the point where a stock seeks
a level where MMs can profit on the most volume.
So during the day that is the price that MMs and
momentum/day traders want to see the stock at. Why?
Because they know the public and dumb money was
chasing the price thing up. Most of the time, the
MMs love a flurry of Market Orders which is a dead
sign of an artificial run or momentum. Merely it
is money in the bank for them. Most get hung in a
momentum or day trade or by the tactics of Market
makers, who are in the business to screw the public
every chance they get. They are merely making the
market liquid is their reasoning.
The market makers have created an added
complication to the OTCBB's /PS chaos of the already
volatile intra-day price movements created by dumb
money, momentum and day-traders. MMs can not relate
to long-term holders in the OTC BB / PS. That makes
absolutely no sense what so ever. They feel a large
percentage of trades in the OTC BB / PS market consist
of short-term or day-trades, MMs merely view the
barrage of buy and sell orders as relatively
neutral to the market. How they figure it is when
the average dumb money buys shares in a company,
the MMs feel or rather know with some certainty it
is very likely that dumb money will want to sell
back those shares relatively quick on the slightest
drop.
Now somewhat comfortable with this logic the MMs
merely short sells into the buying and attempts to
take the stock down in an effort to "shake out" the
weak. Since it is tough to know for sure whether a
move is the beginning of a trend, or a routine
shake out, this type of deception works quite well
for the MMs. What the long-termers do to a stock
is surprise the MMs because instead of falling, the
shorting has no effect and the price goes up. Now
that puts the MM at selling low through shorting
and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy
campers. The investors and traders aren't supposed to
be doing that to them. Now it becomes time to pull
out every trick and tactic in the book in order to
attempt to get a Bear Raid at every dollar/cent mark or
percent from where the stock started. Could be a
fraction of a penny in smaller priced securities.
What MMs do is give you a chance to make a small amount
of money for your momentum and day trading style by
shorting it at these levels and trying to get a bear raid
each time. Each failure is compounding the MMs
short position so they let it go to the next level.
Now come more deliberate tactics MMs use to coerce
Bear Raid or panic selling.
Once the MM is caught short and the strength of the
buy is overpowering the MM will want to cover his
short position. So the MMs call up one of his
friendly MMs and says some like "the weather is
sure rough today." The MM along with the other
"friendly MM initiates a down tick about the same
time. Now this can also be done with a certain
amount of shares such as an infamous 100 shares
flag. This down tick gives the illusion of weakness
designed to hopefully begin the bear raid of
selling. The fickle, fearful, day trader, momentum
and short term begin to sell out allowing the MM
to cover his short position at lower prices. They
will move it down quickly to get it to a price of
least financial damage. Problem they have is
long-term investors in the OTC BB / PS. They start
accumulating and buying comes flying in when they
take it too far thus the MMs took it to the point
of volume again and not only investors the other
MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes
various tactics like stalling, boxing, or even
locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of
collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would
take probably more than a lifetime to figure them
all out.
So how do investors somehow manage to overcome the
obvious deception in OTCBB arena? One answer is
indirection trading style by going long which the
MMs do not expect. In the war between investors and
public companies on the OTC BB / PS vs the MMs, if the
MMs have all the advantages due to position or
other factors, direct confrontation such as
momentum or day trading hitting the stock is a
definite death sentence.
However, an indirect approach tends to weaken the
path of least resistance before slowly overcoming
it. The most effective way is long-term investors
slowly accumulating and holding thus drawing the
MMs out of its defenses making them as naked as
their short position. This is war so this slow
accumulation and holding for the long term easily
achieves the desired effect to force MMs to cover
and knock off the tactics or bury themselves
deeper.
The MMs when caught will especially use every trick
and tactic in the book to get a Bear Raid thus
playing on the individual fear of most people. The
MMs feel they have information and position
advantages over the investors as long as the
holding of the stock is in weak hands or short term
holders. Since they are OTC BB MMs who believe all
OTCBB companies are not worth investing and
management is ineffective regardless what is
happening within the company. Furthermore, MMs know
they are in the position to impose a great deal of
influence in OTC BB stocks trading when it suits
their needs.
This inherent power of position enables the MMs to
move the markets at any time up or down. As a
result, the only way to draw them out of their
favorable position is going long. Now this does not
mean just any company but to effectively nail the
MMs, Longs must find the great company on the floor
and accumulate long before the MM tactics and games
begin.
I've been emailing Mike Terrell at info@mybankcard.com for about a week now, and ALL emails come back as undeliverable.
I phoned his number and it just rang and rang.
What exactly is the deal here?
Pay Pro Card Corporation
Mike Terrell, 214-774-4870 or 817-569-8920
info@mybankcard.com
Picked up shares today at .001 -- Looks like some naked shorts in this one
Yes, Fred is the investor relations man for PYPR
His email is: info@nyotcfn.com
As far as the CEO's email: info@bankcard.com is concerned, all emails to that address come back as undeliverable (not a good sign)
huh? please explain what you mean
Anyone try emailing PYPR's CEO at info@mybankcard.com ? It comes back as undeliverable
Also, there is no interview on WallSt.net as of yet.
The pinksheets.com PRESS RELEASE regarding the CEO not knowing why all the volume the other day, seems to no longer be in the news section when clicking on NEWS in PYPR - pinksheets.com
Someone should address these concerns, imo
Anyone notice that the last press release from the CEO is no longer on the pinksheets.com website when you click on ALL news for the company?
The PR was issued 7-27-05 yet they seemed to have retracted it?
Anyone else notice this?
Just got an email back from PYPR investor relations, stating that the WallSt.net interview with PayPro's CEO will be up on the website shortly.
Not sure why the CEO's latest press release was NOT on the more widely used news servers like yahoo. I've only found it on nasdaq and pinksheets.com so far.
We need a bit more exposure, imo.
Emails sent from PYPR via NYOTCFN.com are in bulk trash folder, most likely - so check there for response.
Cant believe it's back down to the low
Has anyone contacted the CEO to see when the wallst.net interview will be aired? And WHY hasnt the CEO's statements been out on the major wires yet? I only see the news on pinksheets.com
Yes, evidently the interview either hasnt taken place, or they are just delayed in uploading it to the website.
Nonetheless, this is the type of exposure that can get this one off the bottom.
Nice
Looks like PYPR's getting exposure tomorrow ...
Back to Headlines / Previous Story
Latin American Finance is Hot, Hot, Hot: PYPR, DWA, CIB, BLX
Newport Beach, CA - July 27, 2005 (Knobias-EventX) - Stocks in the News: PayPro, Inc. (OTC: PYPR), Dreamworks Animation (NYSE: DWA), BanColombia S.A. (NYSE: CIB), Banco Latinoamericano de Exportaciones S.A. (NYSE: BLX).
Join the InvestSource Micro Cap “Money Alert”! Go to http://investsource.us.gosynapse.com/default.asp?c=2162.
Paypro, Incorporated (OTC: PYPR) announced on Tuesday that its wholly owned subsidiary Pay Pro Card Corporation is expanding its debit card operations in Latin America. According to the company, term of use of their cards is much greater in Latin America than in the States. Currently, PayPro's international payroll programs have a significant Latin American base with cards in Central America, Costa Rico, Panama, Columbia and Ecuador. The most recent expansion for Pay Pro is in Guatemala, where the Company has signed preliminary agreements to deliver its debit card programs to a bank. Once the program is finalized, the Company expects to see sales of its debit card exceed $2,000,000 over an eighteen-month period. The company also has several upcoming developments in the works, and CEO Mike Terrell will be addressing these developments in an audio interview this afternoon. The interview will be available on http://wallst.net
Keep an eye out for this interview
Looks like PYPR's bottomed in the low .001's (short term target .004 - .006 on this, coupled with the PRESS RELEASE from the CEO after the closing bell today)
http://www.pinksheets.com/quote/news.jsp?symbol=PYPR×tamp=2005-07-27%2016:24&headline=P...
Looks like PYPR's getting exposure tomorrow...
Latin American Finance is Hot, Hot, Hot: PYPR, DWA, CIB, BLX
Newport Beach, CA - July 27, 2005 (Knobias-EventX) - Stocks in the News: PayPro, Inc. (OTC: PYPR), Dreamworks Animation (NYSE: DWA), BanColombia S.A. (NYSE: CIB), Banco Latinoamericano de Exportaciones S.A. (NYSE: BLX).
Join the InvestSource Micro Cap “Money Alert”! Go to http://investsource.us.gosynapse.com/default.asp?c=2162.
Paypro, Incorporated (OTC: PYPR) announced on Tuesday that its wholly owned subsidiary Pay Pro Card Corporation is expanding its debit card operations in Latin America. According to the company, term of use of their cards is much greater in Latin America than in the States. Currently, PayPro's international payroll programs have a significant Latin American base with cards in Central America, Costa Rico, Panama, Columbia and Ecuador. The most recent expansion for Pay Pro is in Guatemala, where the Company has signed preliminary agreements to deliver its debit card programs to a bank. Once the program is finalized, the Company expects to see sales of its debit card exceed $2,000,000 over an eighteen-month period. The company also has several upcoming developments in the works, and CEO Mike Terrell will be addressing these developments in an audio interview this afternoon. The interview will be available on http://wallst.net, and the company’s website is www.mybankcard.com.
GOOGLE not IPO'ing not good for LOOK
Google IPO no more, Google doubts mount
Friday August 6, 6:00 am ET
By David Shabelman
With more and more initial public offerings falling by the wayside, weaker than expected demand for Google Inc.'s own blockbuster IPO is raising doubts the Internet search giant will go public next week.
Sources said Google's offering could be delayed until after the Labor Day holiday. While the company has never said when it would go public, published reports quoting people involved in the deal indicated it would be priced next week.
"If they would take my phone call right now, I would tell them to stop," said Ben Holmes, principal with Protégé Funds. "They've alienated everyone who can buoy this thing up. It's like you're driving toward a wall at 100 miles per hour and the wall is getting closer. Do you put on the brakes, or do you keep going because you believe you're stronger than the wall?"
But regardless of when Google does go public, there's little question the fanfare around the offering will be much softer than initially anticipated.
"Everyone I talk to is saying it could be a complete bust," said Tom Taulli, who runs the CurrentOfferings.com Web site. There's so much evidence pointing to weak demand I wouldn't be surprised to see a delay or a cut in the pricing." Google did not respond to an inquiry about the IPO.
Holmes said terms indicating the offering would be priced between $108 and $135 are scaring off many individual investors, while institutions are not pushing the offering because of a low fee-paying structure. In addition, Google is attempting to go public during August, when many investors are on holiday, he said.
Google should restructure the offering at a more normal price range, Holmes said, and offer more shares than the 24.6 million it has indicated. And the company shouldn't "bring it to market in August when half the people who would care are on vacation," he added.
Said Sal Morreale, who tracks IPOs for Cantor Fitzgerald, "I think it's being victimized by the uniqueness of the deal and the fact that the IPO market is just terrible. It's just a very bad environment."
One source with knowledge of the deal said even though interest in the offering has been "lukewarm," a delay could be even worse for Google because it would be an admission of just how poorly the offering is being received. "To start the process and abort it would be devastating," he said. "To not do it in the August time frame would be shooting themselves in the foot. There's a lot of inertia here. Even if you have to cut the price, you do what you have to do."
The loss of Merrill Lynch & Co., which dropped out as an underwriter in June, and of RBC Capital Markets and SunTrust Robinson Humphrey, which ended their participation late last month, also may be taking a toll.
As recently as last week, Morgan Stanley, one of Google's lead underwriters, approached a West Coast broker dealer firm about joining the syndicate to sell shares of the IPO, according to a source who asked not to be identified. The source said the Morgan Stanley representative indicated that providing 300,000 shares to the West Coast firm would not be a problem, but the firm decided to stay out of the IPO.
Morgan Stanley did not return calls seeking comment. Credit Suisse First Boston, the other lead underwriter, declined comment.
Holmes said that where once Google was expected to reinvigorate the IPO market, the opposite has occurred.
"I've never seen one this negative," he said. "They're taking a high-profile deal that everyone was excited about and was supposed to be a catalyst for the IPO market, but they have taken all of the incentive out for buyers and underwriters."
Taulli said there is very little reason for investors to bid on the IPO the first day amid so much uncertainty when it's just as easy to wait and see how it trades in the first week.
Meanwhile, quiet period restrictions leave Google powerless to defend itself against all the negative publicity that has been reported the past couple of weeks, he said. "They can't do anything to counteract all of the negative information coming out," he said.
Holmes said Google has not gone by the book on virtually anything to do with the IPO, so nothing it does about to the timetable of the offering would surprise him.
One source even speculated Google could somehow violate quiet period restrictions so it could get a "cooling-off period."
— Dennis Fitzgerald in New York contributed to this report
Didnt Magician sell 1/2 his LOOK shares when it fell below $1.87 or thereabouts? I had thought he stopped out on the entire lot, but someone mentioned he only sold half.
For those that were accumulating over $2/share - how is it you remained in the position when LOOK fell to the $1.40's ???
No stop/losses?
Capital preservation?
discipline?
NO RICIN found in anything - DOR total pump & dump
Anyone still suffering in LOOK ? 1.40's
DOR getting wacked .41
LOOK has a LONG ride back to the 2.20's where most own it
Not 1 peep about LOOK tanking to $1.59 ??
ARDM about to let loose - NEWS - 13:00 ARDM Aradigm wins appeals court ruling in Eli Lilly patent dispute - Bloomberg.com
This board seems deceased