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110x120 now, dragging us down. Move ahead? eom.
So no longer pretend
That you can't feel it near
That tickle on your hand
That tingle in your ear
(What your soul sings - Massive Attack)
LOL.
Just for fun, let's predict ...
0.017 by this Friday
0.022 by next Friday
0.035 by end Feb
0.070 by end March
Hmmm, we are going green. eom
WOW Halada, that would be a Market Cap of 8,000,000,000 USD (8 billion US dollars).
Expect things to start moving very soon... Earthquake kinda moving that is... eom.
We got HDSN on the bid @ 0.0090 LOL.
Let's sing y'all !
The roof the roof the roof is on fire (x3)
We don't need no water let the motherfucker burn
Burn motherfucker burn
Hello my name is Jimmy Pop and I'm a dumb white guy
I'm not old or new but middle school fifth grade like junior high
I don't know mofo if y'all peeps be buggin' givin' props to my ho 'cause she fly
But I can take the heat 'cause I'm the other white meat known as Kid Funky Fried
Yeah I'm hung like planet Pluto hard to see with the naked eye
But if I crashed into Uranus I would stick it where the sun don't shine
'Cause I'm kind of like Han Solo always strokin' my own Wookiee
I'm the root of all that's evil yeah but you can call me Cookie
The roof the roof the roof is on fire (x3)
We don't need no water let the motherfucker burn
Burn motherfucker burn
Yo yo this hardcore ghetto gangster image takes a lot of practice
I'm not black like Barry White no I am white like Frank Black is
So if man is five and the Devil is six than that must make me seven
This honky's gone to heaven
But if I go to hell well then I hope I burn well
I'll spend my days with J.F.K., Marvin Gaye, Martha Raye, and Lawrence Welk
And Kurt Cobain, Kojak, Mark Twain and Jimi Hendrix's poltergeist
And Webster yeah Emmanuel Lewis 'cause he's the Anti-Christ
The roof the roof the roof is on fire (x3)
We don't need no water let the motherfucker burn
Burn motherfucker burn
Everybody here we go ( 4 x's )
Ohh Ohh
C'mon party people
Ohh Ohh
Throw your hands in the air
Ohh Ohh
C'mon party people
Ohh Ohh
Wave 'em like you don't care
Ohh Ohh
C'mon party people
Ohh Ohh
Everybody say ho
Ohh Ohh
C'mon party people
Ohh Ohh
Everybody here we go
Pressure has been steadily building here and the only thing keeping the price from exploding is either a positive Report of Financials or a positive outcome of the LOI.
A name change would add fuel to the then raging fire.
Been feeling lucky for over a year now with this stock. Oh, well, we're up 40% since October 2006. Silver linings, keep searching for them silver linings ! LOL.
Looks like we are being watched LOL ... eom.
Thanx Low !
Up 33% on huge volume ! LOL. eom.
True words. True concerns. It's up to the company. However the timing of their PR's makes me wonder if they really want this thing to go up. They might be accumulating themselves, but that might very well be just me thinking wishfully.
Cheers.
TPLM bid and ask moving up pre-market ... eom.
0.013 x 0.0165 for now. eom.
Imperial Whazoo,
Here's a text that has been circulating the web for some time, apparently it's observations made by a former MM.
Take it for what it is worth, for me it rings true on several topics.
***
The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate. Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the underlying basis for going long and holding.
More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis.
However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by
manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23. All they care about is the action thus being able to sell stock at
the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action.
Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy
orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that
is the average price you will see.
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the
MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get and the NASD is not going
to do anything about it. They are merely making the market liquid is there reasoning.
The market makers have created an added complication to the OTCBB's chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB. That
makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they
figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to
cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders are supposed to be doing that, not them.
Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar mark or percent from where the stock started. Could be a penny in smaller priced securities?
What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with
the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage.
Problem they have is long-term investors in the OTC BB. They
start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads, but a recent SEC investigation tells another story.
MMs have a vast resource of tactics and it would take probably more than my lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena?
One answer is in direction trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position.
This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people.
The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders.
Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company.
Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and
accumulate long before the MM tactics and games begin.
***
Let's say I question the fairness of the trading activity by MM's on a certain stock. Let's say erh ... BIGN (just for the fun of it). Who should I turn to to have somebody unbiased and with authority have a look at it ?
LOL. Gotcha.
BTW. Not one share traded so far today, this after the PR yesterday half hour before closing ? How weird...
Stalling trades is a well known tactic by MMs to cool off buying pressure when they are short.
Of course : a PR TODAY in the morning would have been a bit harder to ignore than one 30 minutes before closing time YESTERDAY. Maybe one day, they 'll learn.
The no-trades-up-till now just tells me how very short out of their behinds MM's are right now. I wish them luck rectifying this most horrible position they are in.
AIN'T
NO
ONE
SELLING
HERE
SO
MOVE
UP
THE
F*
BID
AND
THE
ASK
TOO
(while you're at it)
THANK
YOU
Good God... eotfm.
Give it some time... eom.
Yahabiby,
I'd rather have more potential (as in 300 wells) then less potential (as in 30 wells)
Do not underestimate potential. It is needed for success.
Formula for success: Rise early, work hard, strike oil.
(Jean Paul Getty)
"And the company is currently valued at what???"
at 6,000,000 ?
Of course, not every dollar turnover coming from those wells will appear in BIGN's balance sheet :
East Texas Joint Venture Transaction
Looking good though, looking very good.
So this quarter we will be getting :
a new name
a new firm (if LOI completed)
quarterly report
annual report
updates on production numbers wells
and so much more...
PR bonanza heading our way ...
The BIGN saga continues, http://biz.yahoo.com/pz/070111/111780.html
Nice timing after the fibo retrace Low?
Lowman. I see. Let's hope... eom.
0.012 x 0.013 ... Oh well. eom
Up 14,29%. LOL. Whenever this one is gonna move, it's gonna move hard and fast.
Hey, I suddenly remember why I bought BIGN last year :
http://www.primezone.com/newsroom/news.html?d=88237
Not much happened since the big announcements and predictions back then...
Penn,
chill dude, I'm no authority in "assigning dates" when it comes to BIGN. No one is gonna buy or sell due to my expectations...
NEW YORK (AP) -- Authorities were investigating the source of a mysterious gas-like odor Monday that stretched across a large part of Manhattan, including Rockefeller Center.
"We are confident it is not dangerous," New York Mayor Michael Bloomberg said at a news conference.
Bloomberg said the city's air sensors had not detected an elevated level of natural gas.
The Fire Department began getting calls about the odor around 9 a.m. Monday, said spokesman Tim Hinchey. No source had been identified.
Across the Hudson River, Jersey City, New Jersey, mayor's spokeswoman Maria Pignataro said officials there were told the odor was due to a gas leak in Manhattan's Chelsea neighborhood, just north of Greenwich Village.
"When I left my apartment [in Jersey City]," Pignataro told CNN, "I walked out and immediately was hit with gas fumes. If you were in a gas station, it would be magnified 1,000 times."
"The smell was very strong. It was very scary," said Yolanda Van Gemd, an administrator at ASA, a business school near the Empire State Building that was evacuated as a precaution.
Utility officials with Consolidated Edison had no immediate comment.
In August, seven people were treated at hospitals after a gaseous smell in the boroughs of Queens and Staten Island.
At the same time, somewhere in Austin :
AUSTIN, Texas (AP) -- Police shut down 10 blocks of businesses in the heart of downtown Austin early Monday after dozens birds were found dead.
Experts were testing for any sort of environmental contaminant or gas or chlorine leaks that might have killed off the animals, police spokeswoman Toni Chovanetz said.
Now, tell me... Who let one fly ? LOL.
Am I the only one expecting a PR this week ? eom.
Frat, what do you mean not their entire holdings of TYEG or WWOG ? How much did they spin off then ? Links please ?
Also, you do agree on the fact that spin offs mean less value for BIGN ?
Still not clear on the WHY-DID-THEY-GIVE-THE-DIVIDEND part.
hhhkkk2 :
TYEG and WWOG used to be (partially) owned by BIGN. If they are spun off, BIGN does no longer own them. For instance, revenue generated by TYEG or WWOG is no longer part of BIGN's revenue.
Thus BIGN 's value as a firm decreased because of the spin offs. Right ?