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Pretty funny the FDIC is in on the investigation of the collapse of WAMU along with the FBI..when they were the criminals..LOL..Guess the FBI wont have to look far
exactly my point
WHAT GOOD WAS IT UNLESS YOU SOLD AT THE END OF THE DAY OR BETTER YET AT .0023...LIKE i DID..NOW I'LL WAIT TILL IT'S .0007 AGAIN..IF YOU CAN'T BEAT THEM JOIN THEM IN THEIR OWN GAME
Ex. The ask is .0018 but it keeps selling at the .0015 level 10 straight buys
This was a manipulated stock knock down..nothing less
yesterday was the big bounce, a money grab for the company..then they knock it back down to sell more
They know what they're doing...for their special interest...
“FOR” the approval to amend the Company’s Certificate of Incorporation to decrease the par value of the Company’s common stock from $0.01 to $0.0001 per share
So we know what this means for management but what does it mean to the value of our stock if voted yes to amend..any scientists?
I've been trying to sell 1/2 my position at .003 since last week....what gives..MM's that's what
I'm crazy enough to buy another million tomorrow..I've been in the desert too long, nothing matters
and the CD end date is July 2010?
Wait on the sidelines
To add on previously, my last count had over 10 straight buys and ask stayed same at .0014, while bid dropped to .0011
You fill it out I'll sign it !! This is part of the problem, no transparency and manipulation..it would be a perfect world if the pps were left up to the natural process of popularity [buy vs sell ]and fundamentals, not any one person who wants the price to settle in where they want it
Does anyone know the EXACT date the CD issue is finally taken care of?
All these stocks have had more buys than sells recently but the pps has continually dropped..Read the continuing story about NITE
KnightTradingFraudInfoCenter.Com/information.php
See anything common with these stocks? Knight Equity Markets, L.P [ NITE] All these stocks have had more buys than sells in most cases yet PPS defies physics
KnightTradingFraudInfoCenter.Com/information.php
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=qmnm&SortBy=volume&Month=9-1-2008
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=neom&SortBy=volume&Month=9-1-2008
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=uvse&SortBy=volume&Month=9-1-2008
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=htog&SortBy=volume&Month=9-1-2008
Front running stocks, a policy in which traders perform their own transactions ahead of their customers’ orders. Front running usually results in a lower price for the trader and a higher price for the customer.
See anything common with these stocks? Knight Equity Markets, L.P [ NITE] All these stocks have had more buys than sells in most cases
KnightTradingFraudInfoCenter.Com/information.php
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=qmnm&SortBy=volume&Month=9-1-2008
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=neom&SortBy=volume&Month=9-1-2008
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=uvse&SortBy=volume&Month=9-1-2008
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=htog&SortBy=volume&Month=9-1-2008
Front running stocks, a policy in which traders perform their own transactions ahead of their customers’ orders. Front running usually results in a lower price for the trader and a higher price for the customer.
a million shares and waiting..i'm with you...there are worse off stocks doing better...it needs to correct itself
so right...2 to 1...3 to 1...buys and the stock stays same or little movement both directions...but when no volume or sell it definitely moves south...definitely a sign that a special interest wants it low till the right time for them to make lots of money
Hey mikeyk ..look at all those buys and the ask is stuck
Look at all those buys and this price isn't going anywherrrre but down..Who knew gravity played a part
There is always that possibility..The old saying goes "The best thief is the one who does it right under your nose and gets away with it" Happens quite a bit when investing is controlled by an interest
Which means scrutiny is the special menu of the day..I applaude mikeyk & DD2win for their efforts to set the wheels in motion and snuff out the virus.
900000 shares ...up to .0015 then 2000 shares immediately drops it to .0013
Taken from KnightTradingFraudInfoCenter.Com/information.php
Front running stocks, a policy in which traders perform their own transactions ahead of their customers’ orders. Front running usually results in a lower price for the trader and a higher price for the customer.
Heard out there on the virtual news............
Are WAMU shareholders filing a class action lawsuit for gross mismanagement of the company?
Well if they aren't, they should. However the fact that it has been taken over by the FDIC and sold to J.P, Morgan, Chase, they may not be able too. But I'm sure some lawyer will know?
Its the wrong question. Yes there was some mismanagment but WAMU was positioned to recover in time. However the FDIC moving in on Wamu (without Wamu management knowledge) and then turning around and selling of the cream to JP Morgan was an act of conspiracy and expedience leaving WM share holders out in the cold.
This act permitted three things. First, it permitted the FDIC to reduce its possible exposure that it could not meet because it is financially weaker than we think. Second, it facillitated JP Mogan getting what they have wanted for a long time a rock bottom prices (and getting all the good bits of Wamu while leaving other bits behind - among other things like share holders).
While both these on their own are enough to be conspiratorial they pale in comparison to the third point of which these both form an essential part.
The media failed us in the reporting of what really happened here. We are told that Wamu was bought out. BUT it was not. JP morgan did not buy Wamu from Wamu. It bought it from the FDIC after FDIC prematurely siezed it. And where did the money go (small though it was) that JP Mogan paid? Not to Wamu share holders thats for sure!
There is no simple coincidence that the federal government and Paulson were at this time trying to get their 700 billion bailout through congress, just 48 hours prior to this, with all its problems of 'No oversight' (actually the no oversight clause was actually written into the bill by Paulson et al!). It wasn't moving through congress fast enough and in danger of stalling. What could the administration do to get congress to accept their 700 billion solution???
The expedient and convenient collapse of another big bank should do the trick. Wamu was the bank of choice.... it was in the news ... JP morgan could shoulder the FDIC responsibilties in return for a great deal from them and be seen as a white knight (which they are not!)... and another bank failure (as contrieved as it would be) would convince congress to hurry up and sign the bail out. The feds CHOOSE to fail Wamu not on economic grounds but because it suited their purposes and with JP morgan they had the means to accomplish it with little out of pocket expenses. The other bank failures were actual failures... Wamu didn't fail ... it was strong armed by those who had the power and the will to abuse it for their own purposes. Wamu's failure was not the act of the 'free' market.
So the question should be is there going to be a class action suite for Wamu share holder against the federal government (and FDIC) for stepping in prematurely for purposes quite different than Bank failure (and possibly against JP Morgan for collusion and facilitation of this).
Just because its a conspiracy doesn't mean it is not real ... just means you may not have seen it happening.
I would encourage all to start looking closer at this travesty .. and maybe some law firm to consider what should be done to these political conspirators .
Amazing how it traded all day till end and then continued on with after hour trading,even after the FDIC took over for a second, while the little guy was stuck, and the brokers dumped
But someone still! is holding it back..and there are funny LOL trades
mikeyk, you're absolutely right..look at all those buys and slow movement...just witnessed a 2,266,000 buy and did not move up
A high Five for showing me that
Your tracking of the numbers amaze me as does this MM..Looking at it doesn't make sense but someone is happy?
Hip Hip Hooray, Hip Hip Hooray..Now that's legislature I would vote for
Hey mikey, is the MM in his/her right mind..everyone is selling, bid/ask is .002/.0021 and ask goes to .0029 for a few seconds then back to .0021..is that feeble or what or just for show?
Thanks for the info..I will have to do more research to understand the governance..but I totally agree that the bid/ask price has been working in such a way to hold back the pps
To be honest I am vague when it comes to law governing things such as this but I would say that it all comes under the context of the law and if there is no actual law governing the actions of MM's and such then the SEC and FINRA have nothing to do but twittle their thumbs..although the medium is very ripe right now with everyone pointing the fingers at our financial market situation that you might have someone take a look..I mean the Government hawks i would assume would be looking at everything and everyone as they form the inquisition
Sometimes one individual makes the difference!!Not just talk
Me
Shortsellers beware!!
OK That's a first step..Now what needs to be addressed more importantly is the conflicting issue of MM's controlling pps in relation to their personal interests..After watching the pps fluctuate the way it has on a daily basis for a few months there is no doubt in my mind that it has been done with a certain amount of favoritism involved directly affecting all of us..It's outrageous stock manipulation that needs to have oversight not just short sellers
Him
‘'Stock manipulation' is generally overcome via successful execution of a sound business plan , and/or the reasonable expectations of the market about the likelihood of that happening. Even then , stocks are subject to minor manipulations such as being taken down to take out stop loss orders , or taken up on low volume to entice buying ... but in the face of strong execution that all takes place within the context of a generally rising share price.
Until [nonameneeded] proves pending success to be the case via revenues-generating activities and constructive partnerships , [nonameneeded] will most likely remain subject to erratic fluctuations benefiting those holding the keys to the cash register , e.g. , the MM's and YAGI , and benefiting the penny stock traders who play the swings.
Me
I understand the "until that happens" but that is my point..you go public and no one entity should have control over the direction..MM's should be neutral on all levels & let the market decide nomatter what..if you ask investors to trust you with their money, then there should be no manipulation either way, just fair play..we need to take out the opportunity for corruption all together and make the playing field equal for all..
signed,
Dreamer
I understand the "until that happens" but that is my point..you go public and no one entity should have control over the direction..MM's should be neutral on all levels & let the market decide nomatter what..if you ask investors to trust you with their money, then there should be no manipulation either way, just fair play..we need to take out the opportunity for corruption all together and make the playing field equal for all..
signed, Dreamer
OK That's a first step..Now what needs to be addressed more importantly is the conflicting issue of MM's controlling pps in relation to their personal interests..After watching the pps fluctuate the way it has on a daily basis for a few months there is no doubt in my mind that it has been done with a certain amount of favoritism involved directly affecting all of us..It's outrageous stock manipulation that needs to have oversight