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DMTN - back in at 0.067 -0.07
on some pretty heavy bashing and VFIN selling. Scam or not should be a good bounce play to 0.10. Sell half and if not scam then an automatic 7 bagger on remainder.
PRVT Charman Milton buys 500k
SOURCE: Form 4
ISSUER: PRIVATE MEDIA GROUP INC
SYMBOL: PRVT
FILER: MILTON BERTH H
TITLE: Chairman of the Board
DATE TRANSACTION SHARES PRICE VALUE
10/15/07 Purchase 500,000 $2.78 $1,392,000
OWNERSHIP: 2,500,000 (Direct) 25,102,985 (Indirect)
The Form 4 is filed with the Securities and Exchange Commission by insiders
to report transactions in their companies' shares. Open market purchases
and sales must be reported within two business days of the transaction.
Insider Data Source: The Washington Service
(info@washingtonservice.com or 301-913-5100)
(END) Dow Jones Newswires
10-17-07 1202ET
12:02 101707
PRVT - 500,000 block trade @ 3.18 premarket
Thank you
Still holding. Thinking $4
ASTM - in at 1.10.
As usual with equity financing, the pps will take an initial dive down towards the offering price
PVRT - MOMO Nasdaq style
Hi $3.19 in AH. Have feeling $4 is not far away.
Going forward, the Company expects wireless and broadcasting sales to increase significantly given the rapid growth of these platforms and our leadership role in the adult entertainment category
It's all about wireless. Porn on mobile phones................I love it. Wwweeeeeeeeeeeeee
PVRT - hit 3.19 in AH and closed AH at 3.06
Listed today as number 3 in Nasdaq Top Ten......Have a feeling $4 is not far away
PRVT - 2.95
Can't figure this run out. holding a 2.03 ave. Although the latest selling of the 2.5 million convertibles is likely over with, this "bounce" is way to much. Not complaining though
Anyway, Go Buzzzzzzzzzzzzzzz go
DMTN - I've noticed the dump. Same pattern as the last time. It's more than just "people" dumping. Selling specialists DOMS and MURF only on the ask side. These are not your friendly retail guys
I'm not putting more money in it, just riding what I had before. Always leery about pink buy-outs. They never end up as initially PR'ed.
DMTN - 0.49 buyout approved
D Mecatronics Inc.: Lesko Receives Board Approval to Purchase D Mecatronics
MISSISSAUGA , Ontario, Oct 15, 2007 (PrimeNewswire via COMTEX) – Bernardino Paolucci, Chief Executive Officer of D Mecatronics Inc. (Pink Sheets:DMTN), is pleased to announce that the company has received a final purchase offer of $0.49 per share for all of its outstanding shares of the company. Mr. Paolucci comments, “I will be recommending to D Mecatronics board of directors to accept this offer and to call a shareholders meeting as soon as possible for their ultimate approval. The board will be sitting Monday and Tuesday and it will announce its decision Wednesday AM.”
PRVT - First of many to come as a result of the new restrictions
This is an old BuzzOnDaBeach call that has been I nice swing trading vehicle the last year. Apparently a few got caught with their shorts. The good part is that I am in at an 2.03 avg
NYSE ARCA rejects all SELL SHORT EXEMPT orders
Posted By: jcline (And Various Comments Afterwards)
NYSE ARCA rejects all SELL SHORT EXEMPT orders
I just received this in an email........
Effective Friday, October 5, 2007, NYSE Arca will reject all Sell Short Exempt (SSE) Orders in accordance with the Securities and Exchange Commission (SEC) mandate.
This action is designed to address the issues surrounding "naked" short selling.
Please contact your NYSE Relationship Representative or the NYSE Arca Trade Support Desk at 888.513.9873, if you have any additional questions.
***Edit... this email was sent to all members who have their systems.
***************************
http://www.redi.com/forms/SSEmemo.pdf
SEC's FINAL RULE
http://sec.gov/rules/final/2007/34-55970.pdf
jcline1: Effective October 8, 2007, all sales must be marked as either "sell long" or "sell short". Rule 200(g) of Regulation SHO requires an order to be marked “sell long” only if the seller is deemed to own the security and either the security is in the physical possession or control of the broker-dealer
jcline1: Clients are reminded of the SEC’s recent revisions to Regulation SHO which, among other things, eliminated the “sell short exempt” order type. Accordingly, on or before October 5th, 2007, “sell short exempt” (SSE) will no longer be available on REDI
This is HUGE...no joke people.
Former SEC Chairman, Arthur Levitt said this on May 7th, 2007...“An event will soon occur to bring about a day of reckoning, and the potential political response will be swift, severe and overstated,” Mr. Levitt said.
POTP - can't believe it closed the 0.20-0.40 gap. Now it may as well close the 0.45 - 0.55 gap. out 1/2 at 0.40
in POTP at 0.1255
Humungus gap between 0.20 0.40 to be filled
adamski asked for a copy of the filing itself
Not how to find out that it is a paper filing with the SEC. Anybody that knows anything about 504 filings already knew that.
The holy grail of biofuel production is finding a feedstock that actually produces more energy than it requires to create.
-shorts
That's an impossibility. The ancient impossible dream of a perpetuum mobile. Any high school student also knows why. It would be in violation of the law of Conservation of Energy, which states that energy can never be created or destroyed, and is therefore impossible.
"If your theory is found to be against the second law of thermodynamics I can give you no hope; there is nothing for it but to collapse in deepest humiliation. ”
--Sir Arthur Stanley Eddington, The Nature of the Physical World (1927)
PDVP - back from the Ensenada race and bought some cheap PDVP today on the dump to 0.0002 today. Closed at 0.0003. Everything for sell at 4. If I can't get, I'll settle for 3
Checking out CA$H NXCN
Held on to DMTN for the buy-out news tomorrow. However, I don't trust this co. Have this feeling in my stomach I should have unloaded today. The whole buy-out PR campaign was too orchestrated and continuously dumped into.
OT: The San Diego to Ensenada race was perfect. 25 knot Santa Ana winds powering 8-12ft swells and not a cloud in the sky........awesome. Margaritas at Hussong's and real Tacos at Jose's (not Juan's) as reward. Finished 9th
You mean it's just as crazy as the CSHD board was last summer. Even after the SEC halt, the cool-aid drinkers were still buying more waiting for that $5 "reset"...how sad.
Added DMTN, started on VBDG and got a second fill of TRDY
Heading to San Diego for the Ensenada race. Husongs here I come
DMTN - added as well. Thank you, december for putting it my radar and CA$H for keeping it there.
Question is. where do we see this buyout offer to be. Stock is already at a 52 week high and typically for "real" companies the offers tend be in that area. We'll find out soon enough, I guess
So you want to borrow 400,000 PHGI for shorting from Interactive Brokers
1. Open a margin account with IB: Portfolio Margin accounts must maintain at least USD 100,000 (or USD equivalent) or the account will be restricted to only margin reducing trades.
2. You sell 400K PHGI short at 0.01: Broker (IB) fee for 300,001-3,000,000 Shares $ 0.002/share == $800
3. Margin requirements for initial (at the time of trade), and maintenance (when holding positions) for a Non-Marginable Short Positions: 100%*stock value
For a total trade value of $4,000 you pay a $1600 commission ($800 each way) and have a 100% margin requirements. Still think it’s a good idea?
This is precisely the reason why pennies make bad shorting targets. The risk/reward makes no sense. But then again, people would not have anything to post about if they didn't believe in all the penny shorting BS
DMTN - Some volume coming in this PM (about $80K so far). News about the buyout should be imminent
I have some PFUO for sale at 0.07 you can have
PHGI - pulled my sell at the opening. Instead added at 0.011. Thinking this will take off shortly, the buzz is building and the chart supports a run.
Dow 14K. eom
PHGI - I did pick up some @ 0.009. Only reason is I'm a bag holder at much higher values and have been working on leveraging out my position the last 6 month. Note this is not an average down scheme which really is only for "true longs". I want to get out of this POS, but with a profit. I am using the profit from each trade at a much lower pps position to buy out my bag.
I have a sell in at 0.012, I'll sell my 0.009 position along with another 1000 shares at 0.43. Yes. 43 cents. after that I only have another 1000 in the bag. The bag also contains some more at 0.026 so I've got my work cut out in front of me
But so far I've been profitable at each of my leveraging out trade
BCON ---> ZYNX, GOVX
Cashed out BCON today and added to ZYNX and GOVX. ZYNX is about to break out. ZYNX being over $1 may be to expensive for some here. Check the Ibox on the ZYNX board for info. September orders will be reported next week
Posted by: MikeS97707
In reply to: MikeS97707 who wrote msg# 512
Date:9/26/2007 2:24:08 PM
Post #of 661
I updated the order history to include the JUN-AUG 2006 numbers which were disclosed in 2007 PRs. Thanks Raw for pointing out the extra info. This post is also linked in the bottom of the iBox for reference.
Aug 07 1,021
Jul 07 715
Jun 07 713
May 07 635
Apr 07 641
Mar 07 602
Feb 07 621
Jan 07 590
Q4'06 1,029 or an avg of 343/mo
Sep 06 >300
Aug 06 265
Jul 06 170
Jun 06 154
May 06 182
Apr 06 152
Mar 06 169
Feb 06 145
It better do power thru, cuz I added at 0.38 using unsettled money in my cash account. Meaning I can't sell this block until Monday or the account will be restricted for 90 days
GOVX - The news is out. $15 mill HIV grant
http://biz.yahoo.com/prnews/070926/aqw157.html?.v=16
GOVX
Hmmmmm. with Merck halting their HIV vaccine tests, GeoVax is now suddenly the HIV frontrunner. Merck was the furthest along currently and they were in the phase 2 "test of concept" stage.
GeoVax Labs, Inc. Comments on Discontinuance of Merck's HIV Vaccine Trial
http://biz.yahoo.com/prnews/070924/clm102.html?.v=36
I’m in at 0.33.
Have traded this many times before. GOVX has a large following from the old Dauphin Tech days. The RB board for GOVX is a good source for info
Keep in mind it's MM month end today. End of quarter as well. You might see some weird trading today.
All stocks are shit. All stocks are shit. All stocks are shit. The sooner you realize this the sooner you will be able to trade properly. Got a losing position? That stock was a piece of shit. Dump it. Got a winning position? Amazing such a piece of shit could run, sell it. The market is all about buying and selling. If you aren't selling you aren't making money.
Wayne R famous post on SI March 25, 2000
I saved a copy ever since as a reminder
APDR - Surge last 1/2 hour before closing under moderate volume. No sell pressure at all
No news
No rumors
Maybe the 504 selling is over (for now) and its time to hike the pps for added profit. Best keep an eye on it tomorrow for any follow on action.
CYPW - Boca Raton. there has been more shady operations running out odf Boca Raton than anywhere else in the US. Couple that with green energy and what do you get
This has to be a scam. The engine described is the Sterling Engine invented 1816. Runs on anything and is regenerative. Volvo threw a crap load of money at in 1970-80's. The engine is used by modern non-nuclear submarines because of efficiencies compared to diesels
But why do I care, I'm just going to trade it if looks good. Just throwing some red flags around in case anybody gets stuck and becomes an "investor", "true long" or just plain stuck
That was my exact thought when it went down. Which also was the reason for me to buy again
For 13 million to be BOUGHT without it hitting new lows is remarkable to me; obviously someone thinks the stock has merit, at least down the road.Imagine, though, distress selling of 10% of total outstanding in one day?
GRGR is not alone. Another company, DMTN, filed in February and is still waiting. NASD reviews are notoriously slow.
Or the phone bill
Enough to pay for a pr.lol
Just a thought, but Tuesday next week is Month End for Market Makers and funds. Not only month end it is end of quarter and for most funds end of year. Probably trying to help their books look better for cap reasons. The lower the pps the bigger their bonus if short. Wholesale cleaning for window dressing purposes for longs.
Expect this to be depressed until end of month
Yep, that's my take too. shares issued for services to some entity and they wanted the cash instead. Can't blame them. The sell off was performed a little heavy handed though
PPS back to 0.015 and DOMS back to 0.025, so it looks like the sale is over with.
Strongtower, I justed wanted to corroborate your take on FS's. the PRSU forward split went down just like that. the pay date was 8/29 and the shares showed up on my Etrade account. Sold them that day. After 3 days (T+3) the shares I sold showed up again, but now as a negative balance (i.e. shorts). Got the phone call last week that I needed to cover. Didn't bother buying back since the pps had then already dropped 50%. Etrade did a forced buyback this Monday.
PRSU says my FS shares will be delivered to my account this Friday. So next week I will have to sell them again
5 million shares sold at 0.0135 so far this morning. So far they are all going off at the ask. Figured that if someone thinks buying 5 million shares at 0.0135 ( = $67,500) is a good deal, then I'll go along too. So I picked up a few as well