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johnsyn, I don't care about Xtremepick, in fact had never heard of them until someone mentioned them here. My point was if you are a pumper web site with a few subscribers, you should be writing positive articles about the stocks your pushing now promoting the short squeeze junk.
today, yes good update, like the part about exceeding the former 3.1 million revenue projection..absolutely, positively, MAYBE...LOL He will probably get a kick out of that when/if he listens to the interview.
The bad part is you have to sit through the Money TV commercial and a dissertation on Obama Care before you actually get to the interview. Good thing William was first or I would have turned it off. Not sure any new investors are going to realize that the interview does actually come after all the intro. Would be nice if you could just jump intro stuff. I see there is no reaction from the street. But then I guess I would not expect one since I have no idea how many followers MoneyTV has.
johnsyn...3.1 million revenue...not profit. 05-09-2011 CAVU Resources, Inc. Forecast $3.1 Million in Revenues for First Two Quarters of 2011
exactly!
johnsyn, Say what?
johnsyn, I have read this whole article several times. I do understand the English language but not Lawyer speak. Maybe someone could put this in terms that anyone can understand. Tomorrow is day 13. So whether it is 5 days, 10 days or 13 days if there is a massive short position according to what I read hear, it has to be covered tomorrow. So by the end of the day tomorrow we should know if the MM's follow SEC rules, policies and procedures. I already know the answer. They don't, especially when it comes to off the radar pennies.
At .03 per share there would have to be 1.666 million shares short for this rule to kick in (as I read it $50,000 worth of stock) So what happens if there is only 1.665 million shares short??? How about if there is only 9604 shares short as the web site shows???
I have talked with the transfer agent, the company, my broker and FINRA and noone seems to know how you determine the actual short position nor does anyone seem to know how to interpret and or enforce this ambiguous SEC document. Maybe you can shed some light on it.
Kgem, this is the type of info Xtremepicks needs to be disseminating to it's subscribers not the short squeeze garbage.
john, and your point is??? I have referred the board members to this site many time. It shows short interest at 9,604 shares. As reported by someone yesterday one of their stocks has been on the 4320 short list for over 70 days. It appears as if the list is meaningless.
Explanation...Those who bought at a penny or less taking 200% profit. Those who bought in anticipation of a huge run up because of naked shorts, selling and taking their loss, since the squeeze did not happen.
Dirt, why not call FINRA and ask them what the short list means and what the page on their site that list daily short volume means. Also ask them how you find the current short interest in CAVR.
http://www.finra.org/Investors/Contacts/
Dirtbikerider, first of all let me say I hope you are right about the shorts...for the sake of all the longs here, I just don't happen to believe it.
Second MM's are not trading the stock. The stock is traded by investors putting in orders electronically to buy and sell. If you watched the trading yesterday and were reading this board you would have seen how pxguiter put in a buy for 100K @.039 and I filled most of it (86,972 shares) for him (part of an partial fill I got on Monday). No MM's just two investors. In this case they happened to be two investors communicating on the same board so the trade was completely transparent. Not saying there could not be a brokerage house with a standing order to buy or to sell a large quantity of stock (ie UBSS has an order for 600,000 shares @.03) but for the most part I believe the trading here is by individual investors.
Kgem, I think the only ones who have lost interest are those who follow Xtremepicks and expected a quick pie-in-the-sky explosion in this stock. I don't think the long term investors here have lost interest. As I have told you, although I am trading the stock, a portion of all that I buy goes into the long term drawer.
On the OTCBB site. click on the link below, scroll down till you see the box "View by Security" and Enter an issue. Put CAVR in there and click enter. You will see pop up box stating that the short interest is 9604 as of May 13th.
http://www.otcbb.com/asp/otce_short_interest.asp
As for the short volume reported by FINRA I suggest you call them directly to get that answer.
I imagine it became quite obvious in early trading today that there was not going to be any short squeeze and that those who have been touting MM's short, Millions of shares short, SEC rules say MM's will have to cover 10 days after warning etc. etc. etc. were all wrong (especially those claims by Xtremepicks). I started telling you weeks ago there was no huge short interest in this stock and showed everyone where to find the TRUE short interest, not the book keeping end of day short volume reported on FINRA web site. But I was told I was wrong just wait and see. Well I waited...and what did I see. Guess I don't have to answer that question.
I only mention this because of derogatory statements made about me here on this public site. Most if not all have been deleted.
That being said I will repeat what I have said many times, not only today but in the past, my friends and I think this is a good long term investment and that the stock price will appreciate considerably, from where it is today, given that the company performs as stated in all of it's recent PR's. I hope that no longs were hurt in the last couple of weeks by all the pump and hype put out on this board about shorts and short squeeze.
ETMM (That's E*trade) is now there with 8000 offered also at .18
Kgem, by all means don't give up and forget about investing. I have told you about a few of my trades in CAVR and you have seen that there is money to be made here, both short term and hopefully long term. As an example I put in orders yesterday for 100-200K lots at .031, .032 .0325. I got filled on a few of them but only a partial on the one of the .031 lots (that's the 86,972 I just sold to pxguitar).
The cost of that tiny little batch was $2706 and the sale price was $3382. That's a tiny profit of $675. Small amount yes, but 25% RTI in a day. My bank is not paying that kind of return. LOL
What you have to do is ignore the short sale garbage and phoney pumpers like Xtremepicks and "play the market".
No problem, glad to help out.
There's 86,972 that's the part of the partial fill I told you about yesterday. I have plenty more, just thought I sell you some cheap shares.
pxquitar, please don't use the rent money. I just dropped the ask down to .0395. If that bid @ .038 is you I may fill you before the day is over.
pxquitar, by big do you mean several million shares?
pxquitar, 9604 as of May 15th. The May 31st numbers will be out Friday or Monday.
http://www.otcbb.com/asp/OTCE_Short_Interest_popup.asp?Symbol=cavr&StlmtDt=05/13/2011
You're welcome
ChitForBrains, I guess you could not read the "tongue-in-cheek" infection in my post. I was the first one to say...weeks ago, that there was no short position, there would be no MM short squeeze and that the MM's don't even watch this stock. I also said that my friends and I bought the stock based on the fundamentals and that we expect a nice rise over time (if the company delivers what the myriad of PR's promises).
Well today is SC day (short covering) It's the 10th day on the short list, a day that Xtremepicks and a few here have told this board over and over that the shorts would have to cover and a huge short squeeze would happen. I can't wait..have a couple million shares I want to sell at .20 as soon as the big short squeeze starts. Come on MM's don't you know you are breaking Reg SHO & Rule 4320 if you don't settle up.
I have to be away from the computer for a while today so I have one of my investor friends watching the stock for me. He's going to call me on my cell as soon as the squeeze begins. I'm so excited.
It's probably best that they misspelled it. Any investor going there would see a site that has not been updated in a year or more. Site is pretty much useless anyhow.
That is exactly right. If the end of day book keeping shows a short position for the 10 days then the MM would simply fill from another MM's account. But I still maintain there is no true short position by any investor or MM and that there will be no run up or short squeeze. I would also hope that those playing in this little penny pool are only playing with money they can afford to lose. I don't expect that but it is penny land.
pxquitar, sorry thought it was today. I be looking for the huge run-up and short squeeze tomorrow then.
but this is the 10th day. They were supposed to cover by today according to a few here and Xtremepicks. I did not see them cover...did I miss it...LOL
the cancel was the sell at .0149 which I changed to .0145 look under the price entered column.
savy1, read you private message.
savy1, that offer is mine. I can send you my E*treade order status if you want it. A few of us are responsible for all the buying at .03-.035 this morning...no MM's involved.
Trading has slowed down.
pxquiter, we have had a bounce from .045 down to .03.
Investors are in control using the computer. No MM's involved. Put in your bid and it gets registered, put in your ask and ditto. You think MM's covering 100's of stock have time to waste on this one.
pxquiter, .03+ is not low for anyone who bought at a penny or less. Question is who is buying these .03+ shares now being offered. You only have one guess.
This has nothing to do with MM's. Stock is traded by computer...we are buying most of the shares in the low .03 range.
The shorts are covering they have bought 300 shares so far today @.0435
Wonder where Xtremepicks is this morning with it's "short squeeze hype". Shouldn't they be all over this touting "only one more day until the naked short MM's have to cover."