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ROTFL!!!!
Touchè
Amazing coincidence with a lot of pinks...
They get formed by people that don't actually start out
wanting to scam their shareholders.....but...
they yield to circumstances when their leadership fails
to deliver the results they hoped and dreamed of....
then they just take the money and run....
IMO, ACMG is possibly one of these.
Interesting....
of course I have a friend in Quebec and one that works
right there in the Federal Gov't in Ottawa....
Default notice sent....AGAIN....
Imagine that.
-------------------------------------------------------------
NEWS - OFFICIAL NEWS
The Enforcement Date was changed.
Today:
Corporation #2910004 BN #140624214RC0001
Corporation Name(s): AlCar Technologies Inc.
Distributing: NO
Number of Shareholders: <= 50 non-distrib
Annual Meeting (Last): 2005/07/25
Enforcement Code: Default Notice Sent
Enforcement Date: 2007/08/13
Taxation Year End: 10/31
http://strategis.ic.gc.ca/cgi-bin/sc_mrksv/corpdir/dataOnline/corpns_re?company_select=2910004
I'd like to see if
there's an actual result from my discussion with a SEC
compliance officer.
I'm sure I'll hear about here before anywhere else.
If trading gets halted....we'll hear it here fast.
WOW
What's with all the missing posts?!
It's a fact, I can prove this time that it wasn't me.
*grin*
WHAT???!!!
We're going to see pigs fly???!!!
Greeng Only posted here on the ACMG board
17 total posts since 4/13...
Looks like the latest pump and dump effort was a disappointment,
and this group claimed it didn't need impartial moderating..
ptui!
It's worse than a kindergarten sandbox with all the
useless noise that has nothing to do with ACMG.
CEO still MIA, Management still MIA, phone still MIA,
company facilities and offices still MIA,
TA is still MIA.....
It looks like the only news will come via exciting
SPAM emails from the back of a restaurant kitchen
with tourists' pets on the menu off of a laptop computer.
WOW...what an investment!
GO ACMG! Whoopeeeeeeeee!!!!! WHeeeeeeeeeeeeee!!!!
Not even a cheap carnival ride as an investment!
Yeah he did....
Have seen too many stalls on this
to try it myself.....
didn't want to get stuck with any more of it....
not even for a 1 hour flip.....
He gets kudos for the flip for sure
It boggles my mind
that it didn't just totally tank and stay there.
It's still a losing proposition at best though
no matter how it's looked at as an investment, imo.
A most excellent post.
I, for one, can appreciate everything in your post.
Well done and thank you for the time and effort you gave.
I for one never found any fault in either your efforts
or your contributions via your posts.
Good luck to you.
Nevermind Nov.....
it was probably nothing more than likely.....
The only problem is
none of us retail buyers seem to be able to get any
bought at these discount prices....
In Nov. we'll see what¡s what.
May you have gains
to offset the loss.
good luck in your future investments
TDA and Scottrade
are welcome to buy some of the CTBG shares
I've had for some time now....
A few for say $3 per share
and more for $5 per share
if they're a little short on shares......
August 7
according to some with BofA and Fidelity accounts
where their shares have shown up....
TDA and Scottrade are coming up short and can't deliver.
It's looking like we might get our short sqeeze afterall....
I'll accept $3 per share for some and $5 per share for more
of the shares I currently own.....
EXCELLENT!!!!!!
Has ANY poster here
EVER gone to a ACMG shareholder meeting
or visited the offices and facilities?
A lot can be learned from these two kinds of events
and then combined with DD, at least there's a foundation
for an investing decision.
I wonder when Pinksheets.com will assign the
Skull & Crossbones?
no there isn't
especially if you can test the waters
and still get out unscathed by say +.001 per share.
My opinion is just that, my opinion,
so make no investment decisions based on my opinion.
So you have nothing to thank me for
if you're loading up on ACMG.....
which imo, you are NOT.
that is a given.....
like I said....look for a gem....
scam stocks are not gems in my book.
Nah,
The PR will be that Big Bird from Sesame Street
has a crush on Gina D.
Only if
the PR says Joey's going to jail.
I have mixed feelings about the subject.
I don't like pumpers or bashers, period.
They obviously have an agenda which usually hurts longs.
They obviously aren't the normal retail investor.
They do give some evidence of what a retail investor
can expect and maybe make decisions of buying or selling.
In this case, the subject is ACMG.
I believe I am correct about a pump and dump being tried
right about now. I would expect quite a bit of shorting
to happen and drive down the ACMG SP significantly.
This in turn becomes a tortuous event for retail longs,
especially if they've bit a hand that could've helped them.
That hand doesn't get extended again and they end worse off.
A viable resource is lost and their situation is worsened.
Imagine what longs would do, right now, today, if SOLID intel
was given on Cavasin's current circumstances. Most would make
solid intelligent decisions and not question these decisions.
Now imagine that they silenced, through diatribes and personal
attacks, such a resource. They would hurt themselves, all while
patting themselves on the back, and probably led to this
destructive behavior by a basher and/or pumper.
Retail longs tend to overreact as they desperately
search for definitive reasons why their investment is sinking.
Blame is wrongfully laid where it doesn't belong.
Labels such as pumper and basher get tossed around in an
insulting and undeserved fashion. Logic and reasoning become
lost. Intelligent dialogue, genuine discussions become
casualties of conspiracies, both real and imagined.
In reality, this is part of the tragedy for retail longs.
This one reason why I believe enforcement of the IHub TOU
is an asset to any investor. It removes the frivolities that
bring too much emotion into investing decisions. It hobbles
the manipulators that prey on some investors' emotions. A
little bending of the TOU doesn't hurt, say less than 5% of
total posts. Anything more detracts from intelligent discussion, imo.
So no, bashers are not always a good sign, imo.
They tend to manipulate retail longs into holding when they
shouldn't. Pumpers then pump and dump without longs also
enjoying the benefit of getting out before things worsen.
Pumpers get the best of consequences while retail longs
end up in a worse position.
I've seen a tremendous amount of evidence to support my
opinion right here with ACMG. So I may be wrong, but it
isn't going to cost me $.
averaging down and adding to a position
is common investing practice by investors
more learned than you and I.
I've made my best $ by averaging down bigtime
when the play was right and then experienced
payoffs at 25-1 overall....I wouldn't have had
such profit had I not averaged down.
ACMG, on the other hand, is not an average down candidate, imo.
Averaging down is employed when a company hits some unexpected
declines and hardships which it is likely to recover from.
Recovery ability is the key on choosing whether to then get in
any deeper AND setting limits of how much $ is invested.
Shorts hit one of my fun investments over a year ago.
The CEO promptly paid a 3-1 forward split.
This forced the shorts to cover. It was spectacular.
The stock went 25-1 on my initial investment PLUS
I made out like a bandit on the extra shares.
I still have some and they cost me absolutely nothing.
If the company does well....hey great...
If it doesn't, I don't care.
It's the kind of investment I actually look for.
If you can pick one winner out of 5, with 4 losers and manage
how much you invest.....you can have a lot of fun and come
out way ahead overall. The trick is NOT to bet the farm
or get greedy on any one play. Once you become successful
at doing this.....it's like playing with the House's $
from there forward. The problem I see these days.....
the gems are getting much harder to find, so I may just
quit messing with any penny stocks completely.
Besides, they attract the most, shall I say, unusual and
bizarre investors at times. It gets a little old.
If you going to reply,
could you at least stay in the context instead
of going off into something bizarre?
ROTFL! ...you think? .....hehe...eom.
pumpers & dumpers.......
and a few Tory loyalists averaging down.
over 249 million shares traded today
unbelieveable.....
Sounds like the current pump and dump failed.
---------------------------------------------------------------
ACMG you win I'm out.................I have to admit it will be sad to loose that much money, but it will be nice to be done with this stock. I have learned alot from you. Lesson's learned.
Good luck to everyone. I wish you all the best. Truly this is a rare breed of investors here. EOM
ABSOLUTELY
Same thing happening here....
I like it.
and this week should be very interesting.
You're right
I looked and current price was .01.....
went and ordered a doo-dad for my boat...
came back and it's .009
1.2 million shares traded so far...
.07 would've been a lot better time to reduce loss...
Unfortunately, some wait until Dec to make those decisions.
As you've pointed out,
an investor has to move when it's right....
not when it's convenient or on a guess or whim.
Same goes for buying in....
Still, it doesn't hurt to reduce losses by selling at least 1/2.
When I find a company...
I typically take a small intial bite....
Good companies will get beat down...
maybe attend a shareholder mtg....
I watch SP movement for a while...I am patient...
I'll actually go and visit the company and meet the people..
Then I'll dig for some DD....read some forums...etc...
If it looks good.....then I look for times to average down
and try to do it near the bottom.
I've got one that looks like a dog...but my average down
has paid off....PLUS...we just got paid with dividend shares
that more than compensated my total initial investment
and has paid a 3x gain through the dividend....
plus I still have my original so called "loser" shares....
I can always write them off against the gain this year.
Your premise is more likely if in fact it happens.
I recall, I believe it was TXMC (???), it's been a few years,
came up with a plant for recycling tire rubber....
They actually sold a few plants....
SP totally tanked.....
I hope they're helpful to some....
ACMG is so topsy turvy and treated like a religion,
by some of the faithful, imo.
Perhaps we'll see more useful and applicable dialogue
if some learn some things via the links.
Stock Scams 101
http://www.fraudbureau.com/investor/101/
Recognize anything on this website that reminds you of ACMG?
Avoiding a Stock scam:
http://stocks.about.com/od/understandingstocks/a/1120stockscam.htm
This remind any of the longs about ACMG?
Stock Scam FAQ:
http://spamnation.info/stocks/FAQ.html
Notice any similarities to ACMG?
Creative Stock scams:
http://www.escapeartist.com/OREQ13/Creative_Stock_Scams.html
email stock scam spam:
http://www.technewsworld.com/rsstory/58738.html
http://www.consumerfraudreporting.org/stock_scams.php
http://spamnation.info/go/stock/ACMG.PK
http://spamnation.info/stocks/index.php?order=symbol&limit=15
(ACMG is on this list too)
Survivor's Checklist:
http://www.sec.gov/investor/pubs/fraudsurvivor.htm
Perhaps Cavasin is trying to avoid this:
http://www.thestar.com/Business/article/186401
http://www.thestar.com/Business/article/195226
or this:
http://www.sec.gov/news/press/2007/2007-115.htm
And now the CEO is MIA, the TA is MIA, the phone is MIA,
the facilities are MIA, Management is MIA.....
Scam?
If it walks like a duck and quacks like a duck....
it must be a duck!
I have to wonder:
How most of the retail longs here 1st learned aboput ACMG.
How many retail longs here received a spam email that
praised it, they looked up a few PR's and then bought it?
I suspect there are probably more than a few.
Here's a link that has some minor info about ACMG
about 1 page down:
http://www.stearns.org/spamreport/spamreport.html
and a little ACMG naked shorting Dated August 9, 2007:
http://www.tmcnet.com/usubmit/2007/08/09/2850680.htm
of particular note that made me laugh:
Alcar Chemicals Group Inc. (OTC: ACMG) represents a significant market
opportunity due to a serious worldwide supply shortage of raw materials
for polymers as well as an increased requirement for ethanol and
biodiesel. ACMG has been concentrating on innovative methods for
biomass (forestry waste, agricultural waste and non-food crop)
valorization for the past decade, specifically petroleum-independent
fuel and plastics resin production. Its proprietary technology
represents today's most economical and advanced manufacturing process
for plastic raw materials, ethanol and bio-diesel, allowing production
at cost savings of up to 40% when compared to current production
methods. With 3,000 shares outstanding and 100 shares declared short as
of July 2007, the failure to deliver in shares of ACMG has not been
resolved and a buy-in is imminent
---------------------------------------------------------------
100 shares declared short...not millions like most situations...
LOL.
That's because
those who want to play and flip ACMG
on a last ditch pump and dump finale
don't want anyone else playing too.....
They absolutely do not want my contemplations posted.
It's in their own best interests for longs
to continue to hold and not attempt to recoup
any losses whatsoever.....
What would blow their minds is if suddenly at the start
of their pump.....the truth about the good Dr's whereabouts
became public knowledge...
It could all go down the tubes....and fast...
but at least the soap opera would be done and over with.
When will they run out of Symbols?
It's definitely something that the SEC
should make a ruling about and enforce.
It's simply ridiculous.
I wonder what it would be worth... $$$ wise
to learn the answer as to Cavasin's whereabouts.
It's about the same as asking
if you checked other planets or Antarctica as well....
I agree....
a link that provides evidence would be nice.
well, rubberneckers can't resist
looking at wrecks....
others are glad when the way is clear and mess cleaned up...
Which is what will happen when trading is halted on ACMG.