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Even without anyone responding, I now know there will be no news "before the opening". I guess I'll just keep my eyes peeled to the p.r. wires. Florida
Does anyone know when Franklin releases their press releases? Some companies like to do it before the opening, while others just release news at random. Since today is supposed to be our "good news day", "hopefully", I guess a lot of people will have their eyes on the news wires. Florida
Goddess: if they really announce something tomorrow the 15th, which seems to be what most of us are expecting to happen, this stock should go up, not down. If they were concerned enough to announce on mAY 3RD that the company was in Bolivia for meetings, even taking some of our largest investors along with them, then whatever was discussed there has to be considered "major news" for Franklin Mining! We've since heard that their back filings were now completed, and would be released as soon as their board of directors looked at them.Three things are possible. Either they have finalized their working agreement with the Bolivian officials, are still working on their deal, or, the deal fell through. Two out of three of these possibilities are positive. On that basis, I would expect a positive press release sometime on Monday, and probably a follow up release later in the week.If this should happen, then I nickname May 15th "Magic Monday". Who knows, maybe sometime in the far distant future, it too could become one of our many legal holidays. Since I'm really only guessing here, along with everyone else, I would much rather think "positive", than negatively. Regards, Florida
Still holding my shares in Franklin Mining, but not quite sure how this thing will play out. I realize that investing in any stock on the pinksheets is risky, but it can also be very rewarding if you're lucky enough to pick the right companies. On the positive side, is that we're all expecting some news Monday. If we don't get anything at all, then the picture becomes very cloudy. The fact that the company went out of its way to announce on May 3rd that shareholders of FMNJ were in Bolivia for meetings, means the company should give us an update on how these talks went, or, if still in progress, are going. Whether news is good or bad, people have a lot more confidence in a company when they're kept informed. I personally have called the company twice, and sent two e-mails to public relations in the last two weeks. As of now, there's been no reply. Even if they are extremely busy, or, can't discuss something at this time, a returned phone call, or answered e-mail, even one that just touches base with a shareholder, is the proper thing to do. Many excuses can be made as to why they didn't respond, but a courteous reply would be the right thing to do. C.E.O'S Of much larger companies than this one, have answered their shareholders calls. Let's wait and see if they keep their word on the 15th and issue some news for "all their present, and possibly future shareholders"????? I and most of you other folks certainly have not given up on FMNJ. But, as the saying goes, "the ball is now in their court" !!!!!! Regards, Florida
g-man, I'm in Boynton Beach. Are you in Florida too? Regards, Florida
If you can't get your order filled at 0.045, then the buyers are still around from yesterday. They must have accumulated over 4 mil. shares at that price, counting the final trade of the day, which didn't show till after the close for 500,000 at 0.045.Sorry to disappoint you americano, but you probably won't be getting any shares at that price today! Florida
An active and upbeat message board, and a very quiet stock. Somehow it just doesn't seem to add up. Most boards are extremely quiet when their stock is doing nothing. However, we are the exception to the rule,as we continue to post and stay positive. Congratulations to all you posters, and keep the chatter going. Who knows, maybe somebody at Franklin might even read our board. Florida
Makes sense to me. If anything positive is coming out next week, it should help rally this stock, especially if the seller is done! Florida
"Atrade of 5000,000 at the close yesterday at 0.045"!!! The question now has to be, was this the final block of the selling we've had for the past 3 days, or, is there more shares still left for today???? We should get an idea this morning. If they were honest with us, and really expect to issue something on the 15th which is Monday, then this stock should start to show some signs of life "today"! This could be a very important day for the stock price as things begin to wind down. Florida
americano:we finally got the bid up a little higher. Bid 0.047, ask 0.050 Maybe we'll, get our late day rally! Florida
So far the folks buying up shares at 0.045 have gotten approx. 2 mil. This still is the bid so perhaps they can get more. When this selling ends,and it will, then we can start moving up again. Florida
This stock seems to have very strong support at 0.045. Somebody has bought up approx. 1.75 mil. at that price! Now if the bid price would start moving higher, we could finish on the plus side today! Florida
Gigantus: I don't know what price you're trying to buy at, but you should be able to pick up some shares at 0.046 now! Florida
With metal prices soaring every day, "anything positive" from the guys at Franklin today or tomorrow, could get this stock going again. Just wondering out loud, why they are remaining so quiet, and why does the 15th have to be the press releases day? Any news, even some sort of update on things would be good. Florida
Thanks for the mention of my name in your last post, when you were telling everyone how much smarter you are than the rest of us.Not only do you buy all your shares much cheaper than we do, from 0.02 and down, but you even have a crystal ball that tells you the stock price will plunge to 0.02 before it can possibly reach 0.07. In my last post to you, I said that FMNJ would reach 0.06, or higher, before it ever gets down to your 0.025 range. Since you seem like a fairly intelligent guy, it seems this stock would only have to rise "one penny" to reach 0.06, which seems within reach. To drop to 0.025, it would have to drop "two and a half cents",which is a large drop.Unless you have some really bad news which you've been keeping from the rest of us, "that's just not going to happen"!!!!!! Since most people haven't got your god given ability to buy their shares at the "bottom", the way you do, we'll just have to wait this stock out while it releases further positive news, and the price starts heading upward. Time will tell my friend. Florida
history, since everyone has their own opinions, I respectfully disagree with your prediction of seeing this stock at 0.03 this week. In fact, in my humble opinion. it will pass 0.06 pretty soon! Florida
After reading that last bearish post, how could anyone hang on to their shares when they can sell here and buy back at 1/3 of todays price. Just think of it, sell now at 0.05, and buy back soon at 0.0150 or 0.002. Wow, what a great deal. I don't think so! The days of this stock trading below 0.03 in my opinion, are finished. If they announce anything positive in the next week or so, 0.10 looks fairly easy to reach. So thanks for the advice, but I'll keep my shares. Florida
americano, just a guess here. Your bolinger band seems to have worked before, so why not today. Add to that, the poster who predicted 0.03 today, and I have to believe that we have a fairly good chance of seeing 0.06 before the close. Regards, Florida
After two phone calls to the company, I decided to send my "second" e-mail within a week to their p.r. folks. In it I stressed the importance of some kind of "update" to keep shareholders informed of the goings on in their Bolivian meetings last week.Even if this situation is taking a while to be resolved, if the company thought enough to issue a news release regarding their trip there on May 3rd, then it's even more important to stop the erosion in our stock price by updating their loyal shareholders "now"!!!!!! Florida! P.S.If they answer I will let you people know.
E-Trade has now updated the bid and ask. Bid is 0.046, ask is 0.055. For now anyway. Florida
"NO BID YET, BUT ASK IS NOW AT 0.07"!!!! Market makers just reversing yesterdays slide, or, news coming pretty soon, or??????????? Anyone have any ideas on what this morning will bring??? Florida
"Silver up 71 cents today"!!!! Regardless of what our announcement regarding Bolivia is, how could we not go up with the price of silver going sky high?????? Let's hope that the usual flurry this stock has late in the day, is all "buying"!!!!!! Florida
Even if we forgot about Bolivia, which definitely doesn't seem to be the case, as we're still there in meetings, with the price of silver up 67 cents today, how in the world is Franklin Mining not moving higher?????? Florida
MSEED: you're probably correct, they should release some news either tomorrow or Wednesday.Tried calling the company twice and all I got was the "leave a message" thing. When most companies are getting close to releasing news,they usually won't talk to investors. Does anybody know what the "ask price" was at the close? Regards,Florida
americano: Thursday 13.5 mil. and moving up. Friday 15.5 mil. and moving up again. So far today 6.5 mil. and still moving upward. Either there are some very stupid people out there, who seem to be accumulating shares, or, some very wise ones. Right now, I'd have to think these are some pretty knowlegable folks, purchasing these shares. Florida
Ranzy, if it went back to 0.06 on the ask, I would be worried, but the way it's been acting it doesn't look like that will happen. If anything, the bid should go even higher today. Florida
The company made it a point to announce their visit and scheduled meetings with the Bolivian officials on May 3rd. A follow up announcement regarding what happened at those meetings is definitely coming. When, and what will they have to report, that's the million dollar question????? However, after dropping as low as 0.025, it's now back in the 0.06 range, which means that somebody believes the upcoming news will be "positive". If they're correct, we'll all be doing very well. This is the waiting period. Let's hope that they announce something today or tomorrow. Florida
Scott, I would be surprised to see any price below 0.05 anytime soon! There's been some slow but steady buying the last couple of days especially in the morning and at the close. While the volume hasn't been real high, it's still a litlle bit higher than the daily average. Actually this kind of steady but surely type of upward move, usually is better than a fast run up and possible just as fast, drop back. The way the strong , steady buying has gone, it looks like somebodys doing some accumulating of shares.Since the company wanted all shareholders to know that they were in Bolivia for meetings last week, common sense would dictate that they have to release a press release to update the results of those meetings fairly soon. The stock has been climbing back upward, to 0.0495 on Thursday, to 0.059 on Friday.Even after someone sold 297,475 shares late Friday at 0.056, the buyers came right back in. The last 5 trades of the day were all at 0.059, totalling 130,000 shares. Looks fine to me. Florida
Scott: A positive update on the Bolivian situation would do the trick.If something is announced in the next few days that the deal FMNJ made with the Bolivian govt. is still in place, then it would be full speed ahead. Imagine being the first American company to be allowed to be part of their new nationalization plan? This is probably the reason this stock has been moving up the last two days. Whoever has been buying up shares, is either hoping, or knows, that last weeks meetings were positive. Florida
Scott, there should be something announced pretty soon, as it wouldn't make sense to let everyone know they were having meetings in Bolivia without a progress report. If this news is favorable it could really climb. In any case, the last few days have been very positive ones for this stock. Late day buying, even a couple at the ask after the close, on a little bit higher than the average daily volume, is a bullish sign. Unless something unexpectedly bad is announced, there's certainly no reason that FMNJ shouldn't continue its upward move. Right now it has momentum on its side. Regards, Florida P.S. the continuing rise in precious metal prices certainly can't hurt.
Americano, could you let us all know what the Ameritrade motion detector is saying for todays close? Thanks, Florida
While everyone keeps guessing back and forth, on whether or not this stock will take off again, the best guide we have, since we're still waiting for company news, is to watch what's happening right now!!!! Yesterday, if you check the last 25 or so trades, "it was all buying". Over three million shares at the "ask". This morning, the ask before we open is at 0.06. Either some people are better guessers than we all are, or, they know just a little bit more than we do. Either way, we're heading up today! Florida
Since there has been no update today by the company, all we can do is wait it out. Only because of the way the stock is acting today, I still believe we'll finish on the upside. By 4 p.m. everyone will know the answer.Florida
That's true. However, yesterday when folks were selling, these same 6 million was knocking the price down almost all day long. Not so today, there is definitely somebody picking up all the loose shares that still are for sale, and don't expect them to let this stock price get any lower. Unless some real bad news comes out, we should have an up day at todays close, no matter how many shares are "sold"!!!
Forget about insiders "buying" loads of shares, every company has stock options that cost them almost nothing, therefore it wouldn't make any sense to buy any shares at the market price!!! A much better question might be, "just who has been purchasing shares today between 0.04, and 0.0425???? They've purchased over 6 million "so far". Florida
Did anyone consider the possibility that the people who accompanied the executives of FMNJ on this trip, are the main money men backing this company? If they feel comfortable with this company's stake in this thing, it could really get this stock price going again! The way this stock reacts today and maybe even tomorrow, will give us a clue. Florida
'it took 3.2 million shares to go up 5.5 cents on Friday, but today it's down 4.5 cents on less than 400 thousand shares". Go figure?????? Florida
Smilin, don't expect an answer as he doesn't know how to respond to a "straight questiom". Once this stock starts moving up again, he'll post a whole lot less, if at all. Maybe we won't have too long a wait, as these guys keep plugging along, going as far as New York, and even further, to Europe and Asia.What we need to get everyones attention, is a signed and sealed deal with someone involving our bird flu system.Then we'll really be on our way! Florida
One question that this person who's constantly trying to undermine anyone and everyone that believes in STTK, should answer is, "EXACTLY WHY DO YOU PUT SO MUCH TIME AND EFFORT INTO TRYING TO DISCREDIT THIS COMPANY AND ANYBODY THAT BELIEVES IN IT"??????? Why in the world would you care so much about all of us and how much money we stand to lose, when we don't know you or even want to know you????? Did you lose money in this stock, or, have you indeed shorted it, or, is there some financial gain involved for you, if you could somehow help it to go lower, which you can't anyway???? If you really are doing this just to help people by saving them money, why didn't you fill everyone in when this stock was still 25 or 30 cents so that people who paid as high as $1.77 wouldn't get hurt? As for your made up numbers regarding how many shares this company really has, they announced at the conference call the exact same numbers that the "profile" shows on this very board. Outstanding shares,73.25mil.Float,28.25mil.You might in reality become a plus for the shareholders in this stock. Everytime someone disproves your claims, and every time the company issues another positive press release, which seems to annoy you, more and more people will get interested in Smart-tek.You just continue to do your thing and we'll do ours. Most folks aren't as dumb as you think. On the other hand, maybe you're not that smart!!!! Florida
One question that this person who's constantly trying to undermine anyone and everyone that believes in STTK, should answer is, "EXACTLY WHY DO YOU PUT SO MUCH TIME AND EFFORT INTO TRYING TO DISCREDIT THIS COMPANY AND ANYBODY THAT BELIEVES IN IT"??????? Why in the world would you care so much about all of us and how much money we stand to lose, when we don't know you or even want to know you????? Did you lose money in this stock, or, have you indeed shorted it, or, is there some financial gain involved for you, if you could somehow help it to go lower, which you can't anyway???? If you really are doing this just to help people by saving them money, why didn't you fill everyone in when this stock was still 25 or 30 cents so that people who paid as high as $1.77 wouldn't get hurt? As for your made up numbers regarding how many shares this company really has, they announced at the conference call the exact same numbers that the "profile" shows on this very board. Outstanding shares,73.25mil.Float,28.25mil.You might in reality become a plus for the shareholders in this stock. Everytime someone disproves your claims, and every time the company issues another positive press release, which seems to annoy you, more and more people will get interested in Smart-tek.You just continue to do your thing and we'll do ours. Most folks aren't as dumb as you think. On the other hand, maybe you're not that smart!!!! Florida