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I spoke with Larry yesterday, and he stated clearly that as SOMA goes up we should follow. It only makes sense!!! Divy or no Divy, I would have stayed for DALIAN!! Dalian is big money for EQBM. He also stated that he has some big deals that are in the works! Why else would he start SOMA trading on Monday if he didn't have a plan. Yes, we may not see instant EQBM value here, but it is on it's way! Once he starts building the solid value in both EQBM and SOMA, the buyers will want to get in this, and will eventually squeeze these shorts!!
Yes!! We are tied to SOMA, therefore as they increase in value we should as well!!! Even without the Divy, we should move up because of Dalian and the other deals that are going on behind the scenes.
Hit the ask guys!!! I did!!
End of day rally, getem NOW!!!! WEEEEEEEEEEEE
Where are the shorts going to get the Divy and warrants from???
Anyone?
Sorry to EVERYONE, but I have to get this OFF my chest!!!
.....F*&^%%K YOU SHORTS!!!!!....
YOUR NOT GETTING MY SHARES!! HA HA
I WILL PAPER MY BATHROOM WITH THE CERTS IF I HAVE TO!!!!!
Okay, now I feel better! COME on Larry BURN THE SHORTS!!!
I don't care if it takes a few weeks, or few months!!!
Hello guys... I did not post today as I just didn't have anything to add that had already been said.
We have a strong group here, and I hope that we can all make out sooner or later. Yes, today was not a good day in the least, and the MM's are most likely going to try any and all efforts to protect their money. As they push the pps down, the buying comes in and if they allow it to go up, then the buying comes in. There really is no reason for it to drop this hard!! There has been a very strong accumulation for months, and the float is mainly held in strong hands.
There is a known 100M plus short position in this stock,and either the shorts cover in EQBM, or in SOMA! I would say as the Divy's begin NOT showing up in all the accounts, the !*&^#^@ is going to hit the fan! Now reduce the OS by a minimum of 50 Million. Larry is going to take a nice little trip to the DTC and expose the Huge short position in the stock, and that his shareholders are not recieving the Divy. Who do you think is going to be on the hook???? Now, I am not completely sure about WHEN the Ex date IS, but from my understanding, it is that the Ex date is after the pay date (Exdividend.com). This would then give the shorts 6 trading days left to cover here and have the Divy's to deliver to the EQBM shareholders.
Okay, now as much as I would love to see this squeeze next week, the shorts might just try to take their chances on covering on SOMA. The problem with this is that they will have to buy ALOT of SOMA in order to deliver them to our accounts. Maybe I am crazy, but I would MUCH rather cover here in EQBM, then on SOMA trading at $4 U.S.
Lets take out the equation of the short squeeze for a minute. If EQBM is closing on Dalian, this in itself should begin to move EQBM up in value. Not to mention the other strategic deals that Larry mentioned in his previous Pr's. Most pennies are just trying to improve their pps by business as usual, not to mention a known huge short position, plus a Divy.
WTL had a great post earlier today on his discussion with Larry, and I can vouch for it , because I had talk with him as well, but do not have the articulate abilities as WTL.
Pinks are the crazy of the craziest stocks to play in pennyland, but they are also the biggest money makers!!
Ya gotta have some balls to hang on through the swings to get to the big profits. Does one really think they can jump in stocks on a regular basis and make money without some resistance???
Bottom line is that we have a strong holding here, and in a way, if we have some that sell, then there are that many shares less to be sold at the top.
I am not going to sell for a small gain so I can run off to the next play and, and the next play, and the next. After a while you end up chasing your tail, and it takes too much time out of my day to keep running after the "next one"!
Anyhow, Yadda yadda yadda, let the games begin.
Alright guys... I am rather impressed by the way in which we have continued a civil discussion, even with differing opinions.
None of us would be here IF we knew the future!! Otherwise we would already have made our fortune, and be gone.
Just think about it!
Anyhow, I think the overall concensus is that there is potential here, and we are watching this closely!
Good night!
Bottom bollie is right under us, just like before we ran big last time!! Doesn't mean too much, but I think we are close! Yeah we keep saying that, but one can't disagree that we are.
It works now! Make sure you increase the % in the tool bar at the top of the pdf page, it will help increase the size of the print.
Heres some interesting reading for those that are new to this stock. Oh, you'd better put on some glasses as it is in PDF.
I like to see the potential in the other projects that are going on as well, and the fact that it definetly looks like EQBM was heavily shorted, and oversold from previous levels.
http://www.equitablelifeinvestments.com/My_Homepage_Files/Download/EQBM_Investor_Alert_Long.pdf
Once the pay date has commenced, you should recieve your Divy within a few days,to MAYBE a couple weeks. You will need to contact your broker after pay date to find out if you are entitled to the Divy, thats IF it doesn't show in your account within a couple of days after the pay date of the 15th. They will be able to determine that for you, or at least that is what I was told by my brokerage manager.
Yes, as long as you bought the shares from a Divy record holder. That in itself is the BIG question. We will find out soon enough.
Yes I agree, I would have liked to see the deal stated as closed,BUT dang, we are CLOSER than ever now!!!
Hang on everyone!! This is one of the highest potential bearing pennies around at this point!
HEEE HEEE HEE... You guys are on the right track!! The more I see what Larry is doing, the more I realize he has had all of this planned out for sometime now.
Why in the world would Larry open up SOMA trading at $4 and Pr what he did this morning without something to back it up???? It will come,lets just relax, and let Larry play this out the way he has planned it.
Guys.. Larry lite the fire a week or so ago, and now he is methodically adding fuel to the fire piece by piece. This is actually a good thing, because it strengthens the pps support! As he adds each piece the fire will get hotter, and roast the shorts nice and crispy. Now is there a price to pay for your gains?? Yeah, it's called holding strong!! How else does someone own a stock trading at .20 when they bought it at a penny??? Yes there will be fluctuations, but I as well as alot of others, feel there is alot more coming from Larry!!
Im gone for the day, C ya guys later.
Guys.. Lowman is a VERY good sign. Look at his profile! As well as eatourshortsms.
The point is your intentions are now exposed to the majority.
You are on ignore for your continual negativity towards the company and others here on this board.
Good trading!
I have been on to him from the start, along with a couple others! Rhimes with smurf.
LOGANWOLVERINE/OVERACHIEVER....???????
Morning boys and girls!
WoW, Very nice news, and it CONFIRMS that Larry is doing what he has said all along!!
The closing of the LOI could come at ANY point,as I personaly think that most of the T's have been crossed and i's have been dotted.
Soma trading at $4 is excellent, and should put some real heat on the shorts here. EQBM is along for the SOMA ride, and will conitnue to FORCE the shorts to cover, more and more. I have never seen a short position cover instantly and without a fight.
We already know the figures of the Potential that Dalian has by reading past PR's.
I think this is JUST the start of the PR's that we will see over the next couple weeks!!! Longs know what I am talking about! :)
Thank you Larry, and keep up the good work.
Sniff... sniff.. I smell news boys!! I get the feeling the negative posters don't have money riding on the long side of this play. Get my point????
I agree 100%.
WTL.. Can you remind me of the potential EQBM has with trading on Frankfurt??
You are correct Sklien. Best to let it go, and focus on the bigger picture here. Thanks for hanging in there as a strong EQBMer.
Time for bed.
Sorry for all the posts, but I just returned home and am addressing the posts.
Righty.. I really think the picture says it ALL. EQBM is going to be along for the SOMA ride. Especially since we are @.017 and SOMA is just opening @ $4. Who in the world wouldn't want a free share of SOMA that is opening at @$4???
Anyhow, it's late and the next couple weeks will be EQBM time!!
I wonder when we are going to recieve the PR o the 50+ Million share reduction???
Loganwolverine....
Please refrain from disrupting the board. IF you are the wiser and older than Sklien, then you would take the higher road, and not respond in a childish manner.
Second, if you realize that their is no "Ex date quoted", then you would therefore know that the Ex-date becomes the pay date as of the next buisness day.
Third, you are correct that those shareholders holding as of the 28th are entitled to the Divy, but only if they do not sell before the Ex date, which is the 18th of December.
Fourth, this is a very good board for EQBM investors, and we would like to keep it that way, therefore be the bigger man if you think Sklien is childish. For that matter why not try and help him become a better investor while here.
Thanks
As much as I like the pic of the spaceshuttle, I agree that new comers need to realize that longs are just happy that the future is looking bright, and are just having a little fun.
Yeah ..Yeah..Yeah..Fire..Fire... Cornhollieo!!!LOL
Yes Derf, some of the .15's are mine.
You are correct, BUT new buyers can still purchase the Divy pregnant shares from the record date holders. The only problem is that record holders of the Divy would be foolish to sell their one free Divy+ 2 warrants at these prices, or at all for that matter. 1Million EQBM shares equal 20K Soma shares trading @$4 = 80K Thousand right off the bat, not to mention the warrants.
Anyone think we will start to hear some progress on the Ecuador mine, or Red Lake. I think we will, and soon.
I know Dalian is Larry's top priority, but I am interested about the others that we have on the burners as well.
Gotta run, C you guys later.
Nice solid close as well!
Keep some dry powder on the side guys!!! Keep the pressure on yes, but they may be trying to clean out our pockets, and then play a drop and pop!! Ya just never know with these MM's.
WTL..can you remind me of how much potential we have with both EQBM and SOMA trading on the Frankfurt exchange. I think I need a refresher, as I may have forgotten some of your analysis. Thanks
Just got back. I am not sure why everyone is talking about getting their Divy showing up in their accounts. The pay date is not until the 15th!!!!
Also, I REALLY like seeing SOMA on the Frankfurt exchange at the equivalant of $4 dollars!!
Larry is setting this up just right. Ya don't want to pull the trigger, and then realize you missed even one variable of the equation. With that said, I am becoming rather excited about the potential of Dalian closing, and all the other potentials to be updated on.
I Likey I Likey!!!! :)
Well, it actually is strange if they drop the price to .013 where I have a buy in, and they don't fill me there, or at my buy at .014 or .015. Thats all I was saying.
Gotta head out for a while. Hold down the fort guys.
All this considered and evaluated, averaging up on an uptrend in motion is the right thing to do in my opinion.
Averaging down works, but there is a tendency of throwing good money after bad.
All in all, it comes down to EACH traders DD, and belief in the potential on each play. For me, I was very sceptical a few months back, but as the pieces have come closer together, I see more potential in the picture.
Question: Why would Larry put out the Pr's he has over the past couple months, combined with running around the world, to not have something good around the corner? Especially with the Divy offer??
All things considered and evaluated, averaging up on an uptrend in motion is the right thing to do in my opinion.
Averaging down works, but there is a tendency of throwing good money after bad.
All in all, it comes down to EACH traders DD, and belief in the potential on each play. For me, I was very sceptical a few months back, but as the pieces have come closer together, I see more potential in the picture.
Question: Why would Larry put out the Pr's he has over the past couple months, combined with running around the world, to not have something good around the corner? Especially with the Divy offer??
Well, I slapped the ask a good amount yesterday, therefore I believe it's time for others to follow through as well. JMO