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SIRI: diamondinthe...I hope you were able to
act on what I recommended about getting in SIRI yesterday.
8.81 and R O L L I N G !
Good job if you got in Mon. morning.
Now I just wish I would take my own advice more often..grrrr lol
Bo
MLON B/A looking sweet again.
Early shake on this on the Bid side, but B/A strengthening again.
Mach : )
MLON B/A .0021/.0022 http://www.pinksheets.com/quote/quote.jsp?symbol=mlon
Editing as it rises! : )
MLON B/A .0015/.0016
MLON, wtg for those that got in for
100-150% rise, or more! I'm tickled with a small chunk in at 30% gain with the propect of an AM gap up.
If we could only wake SSWH with a major contract....03 and .05 would be possible there as well!
Well done Mach for the call and Joye for the EXCELLENT charts.
Bo
GEMM, Joye what is your T/A saying here? I stayed quiet about my entry in GEMM, but got in GEMM at .035 and sold half at .145 and the rest at .084. : )
In late October they seemed poised to move back to their highs and beyond, then the SEC and SFC inquires hit CMKX/USCA which affected GEMM as well.
I wasn't planning on looking at them again until the inquiries are behind CMKX and USCA, but I was wondering if there is any current technical strength there or a continued retracement.
Thanks, Bo
Sir Mach...nice call! I'll take one side order of
'gap up in the morning' please. : )
Bo
diamondintheruff, You're welcome. Notice the
pre-market bump on SIRI (.11) as I type.
But also notice the pre-market NASDAQ down by a point or 2. Use the 10:10am rule and see how the market and SIRI begin to shift at that time. If it and the market retraces, wait and get in at lower levels. If it and the market are showing strength, then consider the buy button. With a mixed market it's truly your call to enter in or wait it out to see which way it and the market will trend.
I let another of my solid long term plays out in my last post to you (BSC). I'll add RIMM in this mix too.
To date, I've leaked out ASD, HAR, BSC, RIMM, EBAY as good long term holds. I just added EBAY in the last few months because they have emerged as the only game in town in on-line auctions. Others sites that have tried or are out there currently have never been a competitive threat. I don't see that changing.
SIRI and R are ones that have my attention as being very good for the near term, and possible long term holds.
I know we disuss CMKX and SSWH here a lot, but my background has been big board plays which beat the indexes and Dow year in and year out. Peek at the financials and 5 and 10 year charts for any of the above and you'll see what I mean. One of my criteria is that a stock must have shown growth or no loss in 2000, 2001 and 2002 during the bear market. I have 3 or 4 other litmus tests but even if they pass those, if they didn't pass the bear market test I won't consider them as a long term play.
Hope your Monday is good diamond. : )
Bo
diamondintheruff...historically the stock
market shows the most consistant and strongest gains if you invest the last or next to last trading day in October, then look for exit points starting the 3rd week of January through Mid March. Some runs over the years will show strength through Early April, but the time period I stated are when you can make the decisions you need to make to exit.
This isn't to say there are good year round long term plays however. The above speaks of the market in general. Another of my big board long term plays is BSC (Bear Sterns). Awesome 10 year chart, good strength through the March 2000-March 2003 bear market (3 yr bubble burst), out of the news other than earnings reports, super fundementals. So to me stocks like BSC, ASD, SIRI and EBAY are good holds through 2005, even past the 3rd week of Janary-Mid Mach dates I mention above.
When to get in SIRI? diamond, if it is truly your decision to invest in them, then do this: Monday, tune in CNBC from 8:30 to see what the pre-market looks like for them and the market in general. Whether the pre-market is up or down for SIRI, wait until about 10:10am , then on your on-line brokerage account watch to see how the B/A is moving during the next 20 minutes. If you see strength upward at 10:10am, after the initial opening bell gap (gap up or gap down), go ahead an jump on board. If you see B/A trending lower with each tick at 10:10am (whether it has gapped up or gapped down), be patient and watch the B/A as it moves lower, then use your instinct when to buy in.
I think getting in SIRI at any time Monday should work out for you in the near and long term. I was just trying to clue you in on the best time to buy, which is usually after the opening bell frenzy buy/sells, with market settling down beginning at ~10:10am.
I think SIRI will remain strong (at least at a base) up through the time Howard Stern begins broadcasting on the air. I can see a VERY STRONG single day pop the day before and the day of his first broadcast. He announces his upcoming show on Sirrius Radio daily some have said. His entry into Satellite Radio is going to open a whole new form of entertainment media, which if you look at it, is the same form of entertainment our grandparents enjoyed: Variety shows on the radio. His will be the first big radio/TV name and I believe your are going to see radio sitcoms/mysteries/talk shows/mature themes to follow.
Good Luck! The above is only my opinion. Please do your own DD beyond what I offer before investing in ANY stock.
Bo
Glad you're well Mach. With SIRI, I've given
in and have concluded this is just one of those unexplained companies that will run up in spite of a HORRIBLE bottom line and modest current sales. Their market cap is currently ~$10 Billion. Looking at the financials Sirius Radio has LOST over $530 million over the last 4 quarters, which if you look back has always been the case. Currently sales are modest to support such losses, ranging from only $4 million to $13 million per quarter in sales. The 13mil was reported this most recent quarter.
So when people try to match intrinsic value to what a share price can be, so often it's just not the case.
I like em simply because they have lined up the proper contracts, their currently only 1 of 2 companies that the FCC has given a satellite licence to, and the market simply loves this stock. It's shades of the 90's.
Continued migration of shows, stars and programs through next year makes me confident in saying, even if they still have the same dismal bottom line, I see them bewteen $12 and $20 at some point next year and likely sustained through year's end.
People talk about where they'd put their money when CMKX lifts off. I'd keep 5 mil in CMKX always, but if that day was today I'd spread the risk among about a dozen stocks, but my biggest holdings would be ASD, EBAY and SIRI. SIRI is just one of those market darlings. It seems roots are starting to shift in radio, and much like AMZN in the 90's, whether it takes SIRI 3-4 more years to make a profit, the market likes what they see.
Landing Howard Stern changed the outlook on the potential that is there.
I gtg. I just wanted to touch on some of the off topic stocks that catch my interest.
shhhh...look at 'R' (Ryder) and their past year's chart. : )
Solid fundementals to boot.
Bo
Hey Mach...good to hear. Been taking a break
from the boards myself and tis the season to look at big board plays. December historically has always been an incredible month for them. SIRI of course is going to be a winner investment wise this month and if you want to park some long term.
Take a look at Loudeye (LOUD). I made a lot of money on them last December and for those who kept a keen eye on it, are making even more money this December. They have one of, of not the best platform for music downloading, and as a result formed an alliance with Microsoft late last year. Their recent news tells of their technology for on-demand music video downloads via cable. A modest O/S and people seeing what they offer as the future of music and videos has pushed them higher.
I don't have a dime in either and don't plan to. Just offered a couple for those that have the cash to look at.
A while back I mentioned a couple of my long term plays that stay out of the news but quietly keep kicking major percentage-gain butt. ASD and HAR. ASD is up 22% on the year (AGAIN) and I see it between 42.50-44.00 by year's end, and HAR at twice that gain or higher for the year (AGAIN). The other long term gems I haven't announced are doing their thing as well.
As for SSWH, it all comes down to landing a contract with a team, league or some other high profiled entity. I feel today the same way I felt when I bought the stock early this year: If they land a big contract or contracts, the public WILL buy these wheels and demand will be HIGH. When this occurs, I see Sports Wheels growing quickly in becoming a household name for team and league wheels. Mach, is it your understanding they are working toward this goal in signing with sports teams and leagues?
As for CMKX...
50,000+ thousand investors have talked, discussed, agreed, disagreed, theorized, been encouraged, been discourged, spent time and money to go to races, spent hundreds of hours on message boards (I plead guilty :). Most have made friends, some have made enemies, some started paltalk sessions, made flyovers, made on-site visits, some absolutely loved Melvin even to the point of wanting to dance like him, some felt the opposite and danced to a different tune on the subject. We cried together at any loss another shareholder has suffered, and shared laughs usually when they are most needed. Some dream to take care of their family, some their friends, others wish to touch the less fortunate outside of their circle. Therein lies the common bond between us. We have been through all of this, seeing stock after stock around us rise which have far less potential, and still we believe and remain invested knowing our day deserves to come.
Some people I respect very much met Urban face to face, and every one has come away saying our trust is well placed. I haven't had the pleasure of meeting the man, but it almost seems that whoever of us has met him, all can see a twinkle in his eye when he talked which speaks silently even louder than his words.
We have seen the hiring of Roger Glenn. Something I humbly offered a while ago is showing itself to be true. It was a collective decision by E&A to take on CMKX, and there is a TEAM of lawyers from E&A who are currently working on the matter.
I truly believe a statement is warranted to the shareholders and the market giving a GENERAL COMMENT AND EXPECTATION OF RESOLUTION of the inquiry and an expected timetable when these matters should pass. They of course are fully in charge of whether they wish to make such an general comment, but a loyal 50,000+ investor base that has been through a lot this past year (some have been in 2 years) is something they should respect and hope to retain.
We have a 50% interest to uranium claims of UCA in the Athabaska Basin. These 35,800 acres are in the Wollaston Lake-Hatchet Lake area. The Wollaston area (and the entire Northern region) is one of the world's most prolific uranium mining areas.
We have ownership interest in gold at the American Mine in Portovelo, Ecuador. This mine is currently in operation and producing both gold and silver daily.
We have claims in FALC which have been secured and surveyed using Goldak and TDEM technology identifying 100+ magnetic anomolies, plus an unknown number of non-magnetic anomalies throughout their claims. Here is the best link I have seen to date listed most (possibly all) of the claims we own:
http://fbruhm.proboards3.com/index.cgi?board=PR20
Credit Frank for his efforts. Look in each thread to see the compilation of claims.
Amazing huh?
The 50,000+ of us were so close in October, and we knew it. In Ocober one good news release after another was coming out, either for CMKX or our JV partners. Stock dividends were being distributed to us all, and continue to this day. All that led up to the party, and the party itself, certainly had many both inside and outside of our 50,000 person family thinking something very special was going to be announced at the party.
The MM's used a very desperate but effective tactic to thwart any announcement. However, they did not and cannot thwart the continuing activity of the company, all of which will be revealed after the inquiries are resolved. We have seen the gold and silver on USCA's website of what is being recovered in Ecuador. We have now learned for a fact that E&A, not just Roger alone, is working for us and standing behind our companies. Andy Hill advised this week that a team of lawyers from E&A has joined this effort.
Regulation SHO takes effect on January 5th (unless there is some bogus postponement to a future date), and hopefully before than or at that time both USCA and CMKX will have been confirmed to be cleared of the inquiries. I am still curious as to 'WHO' filed this against them. The timing was clearly not by accident.
In a nutshell:
We've been through A LOT together.
CMKX has potential out the waazooo.
MM's know it.
Hold if you want. Sell if you must.
News taking CMKX to .02-.05 can't happen soon enough.
We've been led to water. It's time for a drink.
Pass the eggnog.......Hey, who has the rum? : )
Bo
picks, I have to agree with your post,
only because it harkens back to how they moved from .0001 to .029, and now are rising again with a FAR LARGER FLOAT AND O/S than the .0001-.029 run.
The frustration to be is who or what forces are behind the MM stradegy of manipulation?
The manipulation is either concocted between themselves, or they are really not to blame at all. Meaning they simply serve as front line traders, and are only following marching orders from influencial government agencies or interest groups. It may be these agencies or group that TELL the MM's what stocks need to fall or be allowed to rise. Either way, it's their game and many good companies and good people (investors) are hurt by it.
Just to clarify further, the manipulation can either be a huge shorting effort, or like we have seen now with QBID, allowing the TRUE market forces to allow the price to rise when heavy buys are coming in at the ask.
Regardless of the manipulation (positive or negative), it is what agencies or interest groups which are behind the MM's that we truly need to forcast and focus on. Regardless on how you feel about QBID, as a company it has earned ZERO dollars. It's current history is simply a third or forth repeat of the same drab of stealing investors' money and disappearing. But, it is also true that in certain circles of power and media, this lifestyle is to be promoted and is politically correct. The friends and family I have that are gay readily admit this advantage is becoming more evident in our culture.
To sum it up....it isn't fair that whatever agency or interest group is coercing and influencing MM's to allow QBID to see a 29,000% gain, and maintain a year end growth percentage of 4,000%-5,000%, but unfortunately it's the reality of power and influence.
We were close, very close by the end of October in sending the same shockwave through the market with CMKX. The entire month of October was one of great news and results for both CMKX and USCA. CMKX, like always, had most of it's trades as buys (REAL BUYS...not MM's among each other), yet they refused to move the bid and ask.
And when you get right down to it....that is the crux, THE VERY central act of their manipulation: REFUSING TO MOVE THE BID AND ASK DESPITE ALL BUYS AT THE ASK.
In the case of QBID, they could have easily frozen trades and been stubborn on moving the bid and ask. With that interest and emotion would wane and the volume would cease. Trading would have shown people scared that the price didn't move and begin to sell in a mild fear. The fact is, the MM's simply allowed it to trade higher.
My question has always been...what influenced the MM's to allow such a rise here (in QBID) and not in other more promising companies with far greater potential? I believe the answer lies in what I wrote above. It is important in today's culture to be politially correct, which QBID is. In the case of CMKX, they have land and claims in Canada (and now other places in the world) that some of the biggest players don't have. 'Bigger players' (namely Debeers) have an influence on geo-politcal agencies and interest group. We're a threat to their newly opened US market.
I truly believe in strength in numbers. I posted a few weeks back about my intent of bringing 40,000 voices to the front. The work I was doing behind the scenes has hit snags, but my intent to complete the work hasn't. There is more than one way to seek the confirmations I need before presenting it to the boards. Plan A to get the answers and confirmations I need has not proven fruitful. So this week, plan B can hopefully bring us to a point when I can offer more in the way of reassurance and our best stradegy to try to help the company and our investment.
In scanning, some are wise in trying to bring light to the subject and offer very good suggestions to write places and people in power. But you read through the thread and amazingly people are almost personally condemning the person for even bringing up the idea.
To those that condemn or criticize in such a way, I think by now most of us are clued in enough to question their motive or true position with CMKX. However, regardless of their motive, good or bad, they can chose to sit back, but they should allow others their given right to speak out and take responsible action.
What I'm seeking is beyond a good suggestion or petition (which are all GREAT ideas!!). Only when what I'm working on privately is in better focus can I offer THE BEST WAY for us all.
Keeping the faith,
Bo
Mach thanks and Happy Thanksgiving to all.
It's been quite a ride this year.
Hey ski, have a good weekend buddy.
Thanks Hustler for your post. I have no clue why some are biting at Andy's heels. Let's see, he's straightforward, professional, informative and responsible with what is to be passed on to us. It seems he is trying to also improve future communications on the CMKX site so more information can get posted for all to see in between pr's. (Something I suggested they do last week so to stay in compliance with informational reporting requirements). What more can we ask for? He seems to fit the bill. : )
Better days are coming soon.
Be well and smile much with family and friends tomorrow. : )
Bo
Sugarpaw, thanks. My reply to his post
went basically unnoticed..lol. The mods of that board are good, but there are just too many members posting crap or other comments that it's understandably hard for them to keep up with it. The mods did come out again this week asking for 'less crap' which is all they can do. It's a good board but has characteristics which make it hard to have a decent debate on an issue.
Nonetheless, here's my reply which corrects, and some may say mitigate the point GB was trying to make:
_______________________________________________________________
Bo14172
Diamond Hunter
member is online
Posts: 16
Re: *No theories, just questions about the 10QSB
« Reply #47 on: Today at 09:19am »
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Good morning all,
George, I know it was very late or very early (depending on how you look at it..lol) when you wrote your post.
I just want to point out one correction, then offer a point of further discussion.
You assumed in your first 'known fact' that the pre-split O/S for UCAD (USCA) was 21,201,022, and that the post split O/S is 63,603,066.
However, we have to look no further than the first page of the 10QSB to show us the pre-split O/S total. Quoting from the filing:
- "As of September 30, 2004, the issuer had 63,603,066 shares of common stock issued and outstanding." -
It was on 10-13-04 when UCAD announced their forward split and it was on 10-27-04 when this split became effective.
http://www.uscanadian.net/news.asp?news_id=64
http://www.uscanadian.net/news.asp?news_id=67
Wouldn't it be correct to state their pre-split O/S was 63,603,066 and their post-split O/S is 190,809,198?
I contend these would be correct, and depending on WHEN the 7,500,000 dividend shares were accounted for, these numbers could correspondingly be higher by the dividend amount. If they were accounted for before 9-30, the above numbers would be accurate. If accounted for after 9-30, then the pre and post split O/S figures would be a bit higher.
The other point I wanted to mention focused on the first point you brought up within the 10Q about Urban and his relatives by blood or marriage being able to buy PRE-SPLIT SHARES OF UCAD FOR $1.67.
Must be nice.
I just deleted a mini-novel of my take on this. I'll simply say, this is either a good thing, or a deal that leaves me with more questions than answers.
Either...
CMKX and UCAD/USCA by this transaction are showing how closely they are working together over time to create synergy and combine efforts.
Or...
May involve something I'd rather not mention, but is being looked into as part of the current inquiry.
My money and trust are placed believing it is the first scenerio and not the second.
Be well,
Bo
Fallen Marine and CMKX shareholder in Fallujah
« Thread started on: Today at 10:58am »
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http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB00206&read=17021
IN MEMORY of LCplJustin McLeese, USMC
By: jcline
17 Nov 2004, 10:02 AM EST
LCpl Justion McLeese, USMC was killed in action on Saturyday, Nov. 13th, 2004 in Fallujah, Iraq.
He was just 19 years old, part of our CMKX extended family, and was an only son, and CMKX shareholders. His family is donating his CMKX shares to the Injured Marine's Fund. May God richly bless their generosity.
Please keep this family in your thoughts and prayers. He died fighting for the very freedom's that allow us to gather, share, and love one another. We are working on organizing a memorial here and in paltalk for Justin now, much like what we did for Ty.
http://www.tullytown.net/justin.html
"Hero's Never Die"
Written by:Thomas A. Tully (EJ EMS Dispatch)
A time will come when you're called away To serve your Country day by day.
You joined the Marines the Proud the Brave To fight for this Country known as the USA.
You fight each day, you fight each night To protect your brothers, and yourself tonight.
A day will come when the fighting will end You pray and dream you'll see your family again.
The letters you get from your loved ones at home Gives you the strength, the courage, knowing you're not alone.
But then your family receives the news That there loving sons life was taken so soon.
From a boy, to a man, to a Hero that day You ask 'God', why my son had to pay?
We never know when the man from above He gives, he takes, the one we love.
And someday soon I will see him again Cause he was a Hero, a son, a brother and a friend.
Some thoughts and a good read.
I'll share some thoughts, then paste a post which I think is excellent because it focuses on what has been, and will always be most important, valuation.
In reviewing the 10Q, I think like many I was looking for as many clues about the valuation of CMKX as I was looking for the goods on USCA. I plead guilty.
There was much that didn't surprise me, and a couple of items that did. I'll focus first on what didn't surprise me.
Let's address a fundemental point of USCA we must acknowledge. Exploration companies like USCA who are just in the beginning stages of operation will not report revenue or profit like 'product based' companies that market their goods on store shelves or the internet. It is through current and future efforts which will hopefully produce value and revenue stream in future 10Q's and 10K's. It was no suprise in their reporting a lack of revenue.
The reported numbers for USCA's interest in different mines or percentage of another companies mineral claims were the COSTS of such endeavours, not the potential value, nor numbers reflecting any potential revenue stream. Again this is not a surprise and should be interpreted as THE MOST conservative value (based on cost rather than value). Note, it was AFTER September 30, 2004 that press releases described USCA's interest in uranium mines in the northern region, and their ineterest in the Ecuador gold mine. If the pr's released in October (post 9-30) are correct, an income stream should be realized from both of these efforts.
One of the points that surprised me (pleasantly) was that USCA actually took on debt in the form of 2 notes payable, versus equity dilution as is seen so often. I would rather see a company grow by using a reasonable percentage of low interest debt than to dilute the market with more shares.
The other point which surprised me was the mention of the 3:1 stock split distribution that occurring in October (post 9-30), and the SEC inquiry (again post 9-30). Being cognizant of the SEC inquiry AND ACTUALLY MENTIONING IT within the 10Q tells me this report may also serve as part of their compliance with the SEC, and to hopefully finalize all issues there.
With regard to our curiousity to find the golden key to CMKX's valuation within USCA's report, only some glimpses are given and others have brought those numbers up. Those glimpses, based most on costs not value, still look quite good. Any positive finds in FALC will grow our VALUATION exponentially! What follows is a post offered which speaks very well to this great potential.
Be well, Bo : )
_________________________________________________________________
dapilot
Diamond Hunter
member is online
Posts: 48
Good Read, About Valuation!!
« Thread started on: Today at 11:47am »
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Valuation of Saskatchewan Kimberlite Rights
Note the follow passage in the latest filing by USCA:
On January 20, 2004, the Company entered into a joint venture agreement with Nevada Minerals, Inc. to develop up to 500,000 acres of potential Kimberlite mineral property located in Canada. The Company issued 5,000,000 restricted shares of its common stock to acquire the underlying
rights to Kimberlite property. Under the joint venture agreement the Company shall be entitled to receive 20% of the revenue generated from the property. The value of this transaction approximates $5,175,000 based upon the fair value of the said shares on the consummation of such agreement. Additional costs paid by the Company totaling $300,000 for the exploration of the property have also been capitalized as costs of maintaining mineral rights.
So, USCA was willing to pay a most surely discounted price of $10.35 per acre for a 20% revenue share of Canadian kimberlite mineral rights. I would say that could mean that a discounted value for a 100% revenue share is therefore "worth" $51.75 per acre of Canadian kimberlite mineral rights.
According to my estimates by looking at the only maps that I know of, in both the FALC and Green Lake areas of Saskatchwan, CMKX and CMKX-JV Partner's mineral rights amount to about 1.25 million acres. (about 1 million acres in the FALC area, and about 250K acres in the Green Lake Area). Assuming all of that land possesses kimberlite of some value, then a discounted value based on the above transaction might be calculated to be $64.7 million, for a 100% revenue share of undeveloped, non-"assessed" = not "graded" mineral rights. We all know that diamond plays that are successful exhibit an increase in value along a "valuation channel" as exploration stages proceed into production. For example, the Ekati diamond mine play went from a $19million valuation in the grassroots exploration stage to a $2+billion valuation as they entered into production, and then BHP bought them (Diamet) out. A 110 fold increase in value, approximately. (see www. kaiserbottomfish. com, the Rational Speculation Model) So, $64.7 million (deeply discounted as reflected in a non-hostile transaction) x 110 fold increase is about $7.1 billion, just as an example. And with so much land area, who knows whether or not there are several dozen Ekati-scale and scoped kimberlite bodies waiting beneath only about 300ft or so of glacial till?
And we haven't even factored in the Athabasca basin uranium rights recently transacted through United Carina, or the Juina Mining assets, or the zinc + other metal assets to be evaluated in the Casavant International Mining holdings, or the future developments in acquistions that St. George Metals might represent, waiting in the wings.
More surprising developments are likely in store.
Good Will to those of Good Will.
Wellmetfellow
Hi narvo, it seems clear the actions of
the SEC and SFC hurt the momentum of the companies linked in this efforts.
If this was an effort caused by a collusion of short sellers and naked short sellers, then they need to be exposed if there has been no wrongdoing on the part of USCA and CMKX.
Until the clearance occurs and good news begins again to come through like it was doing the entire month of October, we may see good buying opportunities for USCA and CMKX.
As for GEMM, it is difficult to gage BSIC's role, but any upward pressure on the stock we are seeing now may be best served if it is tempered until the time of the official word from the SEC and SFC. This may be a plausible reason for seeing what was pointed out in the post you brought to the boards regarding BSIC. Again, it seems to present a buying opportunity if your bullish on this combined effort.
In scanning a bit, it seems Andy Hill has responded to some credible shareholders who wrote to him in a most professional way. At least what I've read from him tells me communications will be professional, ethical and a benefit to shareholders and the company. He'll have to earn his keep every day, but he has made a good first impression. He seems like a sharp guy.
Bo
Good Morning All.
Here's a good read from another board. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=118193
It's well said. This poster might have 100 posts that you wouldn't even notice, but every so often the caffeine must kick in or there is team effort on certain posts, because those rare posts are always good.
As for the effort to put our 40,000 voices to good use, I've had some thoughts and outside input which hopefully can be presented to the boards in about a week to 10 days. Some work I need to do on this end, then maybe we can get this large ball rollin'.
I'm with stormcrow on taking in some college football today.
With Penn State at 2 wins this year, the exciting topic in Happy Valley is seeing Anthony Morelli take the field. The defense is the best since the teams of the late 60's, early 70's, (a bit before my time..lol). The defense in 86 is the only one I've seen that compares. However, our offense is, well, offensive. With MI looking strong with a freshman QB and RB and OU's freshman Adrian Peterson looking like a Heisman candidate, those of us who bleed blue and white have rumbled for about 6 weeks to get the young QB phenom in. With any kind of offense, PS would be dangerous. Fight on State.
I hope everyone's weekend is good. : )
Bo
Evening all. Link to a post I made
on Proboards32, hopefully bringing more on board to ideas and responsible action.
http://cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&num=1100195684&...
Good night all, an early day tomorrow.
Bo : )
Joye, thanks! It's interesting how the link
even on wolf's orginal post isn't working either... : )
Keep the ideas coming, even if it is offering more creative or effective ways to use or coordinate the ideas already presented. We'll debate the best of them soon enough and act from there.
I gtg, and will be out for the evening until after 10 or so.
Shine the light.
Bo
wolf2, I appreciate your follow up when a response comes in.
You planted the seed wolf. I'm just adding some water and sunlight.
The truth, and fair trading in something a lot of us believe in are worth it.
Bo
Mach and Hold, thanks guys. There are ~40,000 of us. We have the power to right a wrong.
I don't want blood on the streets. If that is what results, it certainly won't be ours.
If they chose to continue their practices of collusion, then it is they who are willfully chosing their own eventual demise.
_______________________________________________________________
Adding:
4) Write & E-mail SEC and Congressman
5) Contacting Dateline & CNBC
6) Novena's to Mother Teresa, God rest her soul.
Thanks Mach!
I'm still leaning toward #2, but I like the congressman part of #4. I'll be able to get a read when enough ideas are in to narrow it down, then once narrowed down, open discussion and debate prior to a final decision. Keep 'em coming!
Bo
Feedback Coming In and Welcomed
In scanning, I've seen:
1) Phone, Fax or e-mail USCA.
2) E-mail Atty Glenn regarding this matter.
3) Contact Indiana OAG's office.
All great ideas. I'm leaning toward #2 right now, but wanting to keep all ideas open and flowing in for now. I do see where wolf2 has written directly to RW. I would suggest he follow up accordingly over time to secure an acknowledgement of his letter and response.
I've seen some who appear to be long try to mitigate this issue by posting way off point in saying in effect, 'nice post but short selling is legal'.
* Collusion is not legal.
* Naked Short selling for profit is not legal.
* Freezing the bid and ask in spite of buys at the ask is not legal.
* Spearheading or conspiring false allegations to governing bodies is malicious and causes financial detriment to the company and its shareholders. The intent to defraud may be both a criminal and civil wrong in this case.
To post 'short selling is legal' is stating something that is known even before taking Finance 101. Thanks for the response, but defining legal short selling is far from what I'm talking about.
The intent and effort to manipulate a stock price downward is collusion and fraud. The combined effort to smear, harm, spread fear and create a down market by printing lies, libel, deceipt along with collusion in trading practices needs to be put to a stop. And yesterday isn't soon enough. Anything involving naked short selling is even a more clear signal of wrongful intent. It's not right and too many good people lose as a result.
This 'article' only gave us a glimpse at the tip of the iceberg of the problem USCA, CMKX and we as shareholders face.
The idea wagon remains open. Throw your ideas on top, one and all. : )
Bo
Calling All Boards
wolf2 brought for a post which not only enlightened me to an entity I never heard of, but pisses me off.
I'm an even keeled guy with a very quick smile to everyone. It takes alot even through this to say enough is enough.
Well, enough is now enough.
I quote from this link wolf2 provided: http://www.naabtrade.com/monthlies/halloween04.htm
_______________________________________________________________
"We are initiating short positions in US Canadian Minerals (UCAD.OB). This is a short seller’s dream stock. As long as we do not get squeezed we are going to ride this into the ground. Here is the story of UCAD. It has a market cap of $100 million or $300 million depending on which outstanding share count you use. In the last SEC filing on 8/23/2004 they listed cash of $1.321.00. Some of my friends carry that much in their wallet at times. You can guess what the revenues are. Zilch, Zero, Nada. They received a “going concern” letter from their auditors. So what is UCAD and why has it gone from under a $1 to over $15 in the last few months? UCAD has undergone a series of swaps of money, shares, mines, trucks, offices, diamonds, you name it, with other worthless pink sheet companies. There are so many details to these deals it makes my head spin. As StockLemon says “The mines have no proven success; you can shuffle worthless entities around all day long, but at the end of the day ... you still end up with nothing, regardless of share price.”
UCAD currently trades at just over $15, so we are initiating short sales at $15 or above. Many of our Portfolio Managed Program clients will start to see short sales in your accounts over the next few days as we try to find the shares to borrow. Shares may also become more available for shorting after the 3 for 1 stock split goes into effect. UCAD has released no details as to when that will be. Don’t ask me why they are doing a stock split either? It may be halted from trading before the split is ever effected."
_______________________________________________________________
Well to the assholes from this rag that doesn't deserve to hang on a spool in an outhouse...The shortselling at $15 didn't go so well did it? It would seem if you took short positions even when it dipped below $15, you lost your sorry manipulative ass didn't you? Then the split did occur and rose to levels which would have equaled $17.50-$18.00 per share pre split didn't it? I bet that hurt, huh?
"we are going to ride this into the ground" - You tell me when I should stop laughing. Choke on your words losers.
Your Plan B in case you were losing your ass (which you did) was to reporting falsehoods to the SEC huh? It didn't work either did it? They are trading again.
You did it only to force the dip we're seeing now to cover huh? Because it seems there was no problems and trading has resumed, wouldn't you then be guilty of fraud, libel and manipulation in bringing these pack of lies?
To the boards, this is just one group. One. Of how many groups, MM's, offshore funds and brokers, etc?
This group is the only one I have seen stupid enough to admit their trading practices. SPatrol may serve the same purpose as it is led by an ex-convict of securities fraud.
Surely someone of the 40,000 of us has friends or family with contacts to points of authority or media.
Everytime I read it, it sends me off. They are blatent about their trading practices. And you know what the only funny part is? In light of the now admitted strong effort by this rag, MM's, funds and other similar wastes of flesh to short sell USCA, the stock STILL ROSE STRONG EVEN THOUGH THESE ARTIFICIAL FORCES WERE IN PLACE!! Imagine how high USCA would be if these forces weren't in place.
We need to brainstorm and come up with a plan. One plan that can be heard by many or by the powers that can change it. If there is something specific Atty Glenn suggests we do, I would implore those few close to him to ask him what as shareholders is our best stradegy. After seeing the above, doing nothing isn't an option anymore. If he said our best move is to trust his work and what follows, then fine. If he states that there are some outlets we can use such as the media, certain goverment departments or congressmen to help the effort, then I know without a doubt we would do so. Doing such things would be legal and hopefully help his effort.
This has gone on too long. The fact that these life's loser can be so brash as to announce their trading intentions is bullsh**, because we know naked short selling could also be involved here like it has been with CMKX.
This is a fight, we've known that. But it's got to stop, now. The tide has to turn for what is right at some point. I've reached that point.
Bo
TY MM's buy time at $2 was very nice indeed. : )))
Nice try for a shake..lolol
SSWH: Eyes starting to turn toward SSWH.
Put this definitely in the FWIW bin, but Dardadog from Allstocks brought SSWH to the boards as one he is watching.
Now I follow no one person for my thoughts, rather I call on my own experience and the input of ALL on what I bring to the boards, but for some reason this guy has always had my curious interest since QBID.
He calls a lot of plays. It's certainly fair to say that some of his plays don't materialize, but it's also fair to say in following him that most do show small to very large gains.
Back in the beginning of the year, Allstocks had a great board. You didn't have to dig around to find exceptional DD, perspective and stock plays. It seemed to be a trend with a high degree of certainy that if a stock which had been bantered about on other boards for months became introduced on A-stocks, it was at that time the stock in question began showing serious gains and/or much increased volume.
Needlesstosay, their board is polar opposite to what it was earlier this year and quite poor, but 'da dog' remained. When dadog brought QBID to the board in early Feb it moved soon after, culminating in the greatest gains seen in quite sometime, some say the greatest gains ever.
Like prospector has said, some of us have been in SSWH prior to Mach's board coming here to IHUB. The prospects of this company are great. The only problem I saw this company having is an enviable one to have: Such high demand but no manufacturing or distibution system to back it up.
Well what has transpired this year and at SEMA have laid IMPORTANT GROUNDWORK to meet such anticipated demand.
Many of the stocks da dog brings to the board either I didn't know much about, or ones that didn't give me that 'buzz' that comes rarely with a stock play.
I knew QBID was a winner (at least in the ST) the minute I read his post in Feb. When WNMI issued the Paris Hilton pr in the spring with a low O/S, I knew it would fly. They have since diluted it badly and offered not much since then.
SSWH caught my attention early this year the minute I read through the past year's pr's and product concept. It remains one of those plays that excite me.
I have no clue how closely dardadog has followed SSWH. I do know how much we know about it. If today's pr is getting his interest and one to watch, then I envy those able to get in at these levels. His QBID call earned enough respect from me that I admit I peek in at his calls every so often. I always do my own DD from there, but he brings a keen eye for ones primed to move.
If suppliers (manufacturers), distribution channels, ordering and marketing systems are put in place to handle high demand, I believe the rest will take care of itself.
EOR (End Of Rambling)
Bo : )
bluejacket...good response. Why anyone
would have brought that up or even called is beyond me. I knew you would knock that offering out of the park when I saw it.
It seems SSWH woke up some in the peanut gallery since you posted the outstanding pics.
Good work! Bo
bluejackets...wow!
What car enthusiast wouldn't want cutting edge wheels showing off the business, team, league or branch of the military they support and go gaga over?
Yea, I said gaga. : )
Absolutely great technology. I know Mach can attest to this, and many are becoming more and more aware, but the auto aftermarket and customizing market is exploding in the US and worldwide. Our culture, media and great young minds have just about busted through the dam of auto customizing and taken ideas to levels never thought of even 4 to 5 years ago.
SSWH is poised to make a statement far and wide with the technology they possess. Couple that with a reasonably quick manufacturing turn around and an easy ordering system, money will want to be on the ground floor of this business. As investors, some of us already are.
Good Tuesday all.
Bo
blued, simply an oustdanding post!
Exceptional in its content and perspective. This is the first I've had to scan all day and must run now.
I'll be sure to read it again and maybe more times later this evening.
Thanks for bringing it here. : )
Bo
No prob steaks. : )
joye, thanks. It just adds another aspect to
the growing scope of the 'CMKX Endeavour.' It's to be seen how Diagem plays out here, but the connections in some direct and indirect ways are there.
The news of their halt at their own request interested me enough to bring it to the board.
I still love the charts. Thanks Joye!
Bo
Morning all. 'steaks' for the life of
me I'm trying to determine what you are trying to bring up in this post and 1 or 2 that followed.
I may just be reading it wrong, so I'm sorry if that's the case, but it seems your trying to point out to me that I stated Diagem was suspended and not halted. No where in my post or in the news I quoted did I say that. LOL
I said 'halt' because the news said halt. You in your post which seems like your trying to correct what I posted, again confirms it was a halt.
So what the halt is your point? : )
The point of my post which seemed crystal clear was simply to bring to the attention Diagem's halt to trading and the thread which shows some very interesting links to GEMM and CMKX. Nothing more or less.
I love healthy debate and good research. It's the only way some of what we discuss can be hashed out.
So if I disagree with others, it's only about a point, certainly not personal. Others point out things to me which I love, because it's how I grow in knowledge. But on this one...I said and quoted in my post that it was a halt. : )
I try not to be over critical of other posts or address them point by point, even ones by those that for whatever unknown reason people wait with baided breath on. If it's pertinent to the discussion of course I will respectfully disagree. But if point-counterpoint was what this was really about I could easily spend my time and focus cutting the legs the out of every post, including the on-line shepards in posing relentless questions on every point they make, and how is what they are saying true. It seems some are quite good at being critical and condemning others, rather than be constructive in their disagreement and explain their thoughts on an issue. Zen can attest to that. He and I see a couple of issues differently, but hopefully we have learned from each other and see it in a way that possibly both of us are right on certain issues. The way other boards slam what he says and offer little else constructive...what point does that serve?..that they are good at criticizing others?
Rather, I try to learn from everyone and offer things based on my knowledge and experience to add to the discussion. I think I do that, and hopefully add to the thoughts and perspective to those that post only occasionally and those that post a lot.
We're in this together. It's much like a worldwide investor's club. : )
I for one, have been ready for a long time where debate has ceased on CMKX, and celebrating life is our main discussion.
The ball has been in managements' court for a long time.
Jumping off the soapbox. Be well steaks. : )
Bo
Weekend Candy. Diagem halted too. Please read
the following thread:
http://cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&num=1099699818
Impotant to note here is that it was Diagem who requested the trading of their own stock to be halted.
"Effective at 12:45 p.m. PST, November 5, 2004, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules."
This thread goes on to accurately point out things that relate Diagem to GEMM and CMKX.
This halt and "pending announcement" is certainly one to keep our eye on. : )
Bo
Question For The Boards
Are the dockets in the actions/inquiries filed against USCA and CMKX public information?
In civil cases, the dockets are public information and you can view and copy the pleadings of a case.
Since the entire SEC and SFC filings were public and viewable, will Atty Glenn's responses and pleadings also be public as well, or does any pleadings past the initial filing become sealed?
It's late on Friday and I honestly don't know the answer. My guess is it would be based on the court and jurisdiction these actions were filed.
If pleadings are public, we would at least see how USCA and CMKX are responding to these matters.
It's just a thought, and a seed for anyone else that wants to follow up with this across all boards. I'll be unavailable Monday to do any asking, but maybe the many who are good diggers can find this out and we can go from there.
Bo
hoby, thank you. Time of Reckoning
Your post hopefully gets around to shed light on the apparant delisting of USCA.
We all know (across all boards) how this issue would not be a concern, don't we?
C o m m u n i c a t i o n
It's sad I have to waste my time writing and your time reading it, to say to them:
Just tell us.
If you knew of this last week or early this week...
Just tell us.
Because there is a large body of shareholders, rather than leave us guessing or calling and buggin you on your plan to respond to the SEC...
Just tell us.
Rather than wondering the timetable of events and your assurance of the situation...
Just tell us.
Interview, letter, statement on your website. Take your pick.
I was just saying how USCA had a good handle on communications. My comments pertained to their PR's and apparent great interests in promising mines and finds.
This past week hasn't been the best week in the communication department for either USCA or CMKX.
Understatement, huh?
The SEC filing and delisting news today are important matters. Conveying your general stradegy to respond and what we can expect isn't much to ask.
I'm still hopeful on the outcome, but today is a perfect example on how basic communication to the shareholders could have prevented people's concern.
The time of reckoning is past due. Now CMKX and USCA have no choice but to reveal their legitimacy or be subject to further scrutiny and inquiries by the SEC and/or other governing bodies.
This hopefully results in a win for us who are in at these levels.
Here's to a good weekend all.
Man are we hardcore longs or what? : )
Bo
Mach, good post. I wanted to mention it
so it wouldn't get buried.
It seems mine of around noon today got buried, but like yours it had a lot of red meat to it, which has been absent in much of what is being served and vollied out there now. People can acknowledge or further discuss whatever post they want, but I felt yours was worthy of further mention as it follows along the lines of Dr.D's post, and what I followed up on this morning.
What we have is a company that has given us a full plate of plans, promises and yes, good results in pr's. Much of the discussion and follow questions to them have been related to these issues for the most part.
Just so the wave of the "we have to be quiet and careful" doesn't be taken to anal levels, I just want to offer my humble opinion where it leaves us in light of Dr.D's post and mine which point to the seriousness of "insider info and trading" and information which is totally fair game in between PR's.
I'll give 2 examples to illustrate. SSWH has pr'ed some very exciting things. Your phone calls and follow up with them often reveal general updates and progress of work relating to things they have already PR'ed. This is good and healthy, and does not reveal "material" information so new or critical to their business. So follow ups in this way are no different than Bill Gates or other corporate execs making a comment by phone to a newsprint journalist or doing local TV interviews on projects and GENERAL plans for the future. Your follow ups are very constructive and update on the progress of events they have already issued in PR's. It's totally in line, and much appreciated.
Example 2 is my follow up to Chris last week after the filings against USCA. She gave me general information on that subject alone reassuring they have done nothing wrong and that Roger was on it.
So say for purposes of discussion that today SSWH landed the NFL and NBA in contract deals, but their intent was to announce it 10 days from now. If you called them tomorrow, they can certainly tell you a pr on exciting news is coming, or that a new conference is scheduled with a big announcement. That is fine. This is done often and news conferences via many avenues (press conference, conference calls, pr's, etc) are done all the time. Now given my NBA and NFL example, if you called them tomorrow and they told you specifically of NFL and NBA contracts and they will announce it in 10 days, you then become an insider. Such material information would fall under the definition of "insider information". The mere mention of big news soon to be announced would not.
For CMKX, they have PR'ed their claims, their drilling efforts, their dividends, their uranium and gold mine interests, their retirement of shares and many other things. Thus, any general questions asking of the status, an expected timetable and their impression of the above are TOTALLY FAIR GAME in light of today's discussion on the 'insider info' issue.
Actually, any failure on their part to provide some type of detailed update over time on these items only serves to increase SEC scrutiny about the legitimacy of their pr's and verbal claims!
Unexplained delays or no further mention by CMKX
on important events mentioned in PR's is certainly something they need to consider unless they want further inquiries to occur.
In sum, insider trading and information details with SPECIFIC MATERIAL INFORMATION which needs to be confidential until the time it is released by the company. After that, general questions and follow up are fair game. I suggested periodic interviews by CMKX's key players as a way to keep shareholders informed and also stay compliant. Given the large number of shareholders and the great potential involved, they may wish to consider this.
And yes, after the resolution of the SEC and Sask matters, it is well past time for information to flow. The shareholders who have been led to water for a very long time now deserve a drink of what has been promised.
Be well and again, good post!
Bo
ACTX...The Why's To Dr.D.'s Post.
I'm heading out soon, but had a couple of hours this morning to research the subject of his post. In studying and following the market for 20 years it is clear to me how fluid the interpretation of insider information and trading is, even though the law is crystal clear.
This morning I've reviewed archived speeches from the SEC, past case law, comments (more like novels) from Wharton and Harvard, as well as studied interaction by the SEC in markets in Turkey, New Zealand and a couple in Europe in trying to gage the issue in terms of CMKX.
Personally I contend outside of PR's, the interviews, both on-line or elsewhere, with key executives (UC, RW, RG & geologists) remain the most effective way to stay in compliance with statutory and case law outlined by the SEC and the courts, outside of pr's. These interviews are important because they are able to focus in on the issues in recent pr's as well as confirm or dispell and rumors at the time. The interviews provide a great way for the company to 'connect the dots' and 'cross some T's' that people have questions to, whether it be in regard to updates on drilling, results expectations, status on becoming reporting. These periodic answers and update are key components for such a large shareholder base, and in doing so in an interview format, remain in compliance with the law.
Call me crazy, but answering questions on their dedicated website seemed like a fine system to me. Some may wish a different person appointed for addressing such questions than was previously doing it this spring and early summer. The main point is in doing so I felt was a fine way to convey interim information publically. It's not as good or as fluent as maybe an interview would be. But it was adequate and most important, compliant with the law.
Here is the best link I could find to bring to the board which best describes an outline of the law and seriousness of the matter in the clearest form. Some of what I read through this morning was great reading, but dry as it gets..lol. This gets to the heart of the matter:
http://management.about.com/cs/businessethics/a/InsiderTrade702.htm
Read the whole piece, but what follows is what I felt spoke directly to the issue at hand with regard to CMKX and us as shareholders. Quoting from the article:
"So does that mean you are not an insider unless you are on the company's management team, financial or development teams, or someone hired to handle the material information? In a word, "No".
The SEC includes in its definition of insiders those who have "temporary" or "constructive" access to the material information. If the President of a company tells you that the company's best hope for a breakthrough product isn't going to get regulatory approval, you are now every bit as much an insider as he is, with respect to that information. It is illegal for him to trade based on that knowledge before it becomes public knowledge. It is equally illegal for you to do so because you are now a "temporary insider". This remains true regardless of how many times the information is passed. If the president tells his barber, who tells her baby sitter, who tells her doctor, who tells you, the barber, baby sitter, doctor and you are all "temporary insiders".
Anyone who has material information is prohibited from trading, based on that knowledge, until the information is available to the general public. The US Supreme Court ruled recently, that this even applies to someone with no ties to the company. Possession of material information makes you an insider, even if you stole the information.
Significant Penalties
Sections 10(b) and 14(e) of the Securities Exchange Act of 1934 give the SEC the authority to seek a court order requiring violators to give back their trading profits. The SEC can also ask the court to impose a penalty of up to three times the profit the violators realized from their insider trading.
In addition to the financial penalties, there are criminal penalties. Many now feel those penalties are not strong enough and are working to increase them substantially. A bill in the US Senate, for instance, seeks to make defrauding shareholders a felony punishable by up to 10 years in prison."
Be well,
Bo
Billy, and what that means is this
factoid is consistant with the fact the CMKX to my knowledge has never mentioned they were in business to be bought out by Debeers.
I'm sure the web nanocheckers will check every breath spoken by Urban and Melvin on this subject, however I can't recall a business plan, press release, letter to the shareholders or even comment that CMKX believed this.
We may have kicked it around as a "what if", but at least to my knowledge they haven't. If there has been a mention, it certainly was a mention that never got much attention or discussion.
It's wise for us to keep our focus on Atty Glenn and the actions and inquiries against USCA and CMKX for now. I remain confident, as I have from day 1, but clearing these issues is a serious matter. We'll get through this. : ) I would suspect news intended for the party would be announced if it weren't for the filings.
The news from CMKX over the past 3 1/2 months is beyond what many ever thought before that time. We have 3 dividends, closer and closer workings with USCA, interests in uranium and gold, and drilling commencing in targets identified from the Goldak and TDEM surveys.
I had many successes early in my life and career which I appreciated and felt blessed to have even at that time. I never felt for a second I needed humbled and further grounded in my life. However, the last 4 years have blindsided me with life, career and family situations that suprisingly has taught things beyond my years. Surprisingly, they never shook me at all. It only made me stronger. In fact, even the face of it, I know the rest of my life will be more peaceful and joyous because of it, regardless my lot and place in life.
I say all that to say this: Everything happens for a reason.
Maybe for reasons we may never know, the heavens above knew the timing of good news would be best received after the clearance of the filings and after the election. If Atty Glenn has a good relationship with certain appointed authorities with the SEC, maybe last night's election ensures these relationships will continues without disruption.
If we got news first then filings against us came out, any gains would have been hurt or worse. And maybe if a new administration got in, new apointments may have been made to the SEC leaving doubt to the relationship Atty Glenn would have had with them.
Yes, these are things we'll never know, because within days we will be cleared of wrongdoing and hopefully any good relationships he has with the SEC remain in tact.
Remember, like in politics, there are long rooted machines in place here, (much like the established bias in the aging boardrooms of major media) that have affected securities markets, especially the pinks and OTCBB for years. Like in politics, they take their best shots. Then when they see it won't work, they try again only harder and in some case deceptive ways.
I think most if not all who have put their money and trust in CMKX believe the truth will eventually win, and hopefully it is soon.
Bo
blued, I second dustybutler's post. Great find and
encouraging info within the report.
Thanks,
Bo