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mimurray, I understand that but that dosen't mean they are true to their word, I woukld like to refer you to QBID PR's they were mostly BS, I have heard from other posters that Sandy is a shady character,I don't know who it was nor do I care the fact is he is a CEO & he has chosen to incorporate in Wyoming if they wanted to dilute they could very easily do it by rendering so many shares from the A/S to the O/S, thats what scares me, beings they are incorporated in Wyoming sends a red flag in my court. a big red flag.
kv31nmc, thanks I will email them to see if the O/S has increased.
mimurray, actually I didn't like that at all,so I sold it, I don't own GZFX anymore & haven't looked back to buy again,yet. & yes I forgot about it even being posted in my profile, but that dosen't mean it's not a favorite. I just don't buy into dilution, it only depletes your initial investment.
PokerVertigo, first of all I would like to thank you for not refering to me as a basher,I don't bash to lower the PPS I only bash a CEO if it is relevent. As you may or may not know there are many ways to dilute a stock valuation. here is an example; Dilution/Accumulation/Manipulation @ its best.
I don't have any problems with flipping a stock IMO, it is the little guys way of beating the system. its basically all we have.
I hope you & all have a nice day.
http://www.sec.gov/rules/concept/s72499/klaser1.txt
Bid and Ask Volume and how it relates to
Technical Analysis of a Stock
It has become painfully obvious that big money Market Makers have a
stranglehold on the little guy in the OTCBB stock market. I have personally
observed many times more than a 1:2 (bid:ask) volume ratio of the trades
executing at the bid versus the ask, only to be followed by the bid and ask
ticking down in stocks that I own. A discussion of the technical mechanics
of an OTCBB investor's reality is in order here.
A comprehensive study of OTCBB time and sales reports with actual buys and
sells listed proves that certain market participants sell at the ask, and
buy at the bid. These reports were for about a year available to anyone
requesting them free of charge from
https://www.otcbb.com/secure_asp/tradeact_report_request.asp?type=tands,
however, recently a pricing structure was devised that makes these reports
much too expensive for many investors. Nevertheless, these reports, when
combined with other data that report the time and price level of the inside
bid and ask, do establish that some market participants are able to buy at
bid and sell at ask.
Why is this noteworthy?
Because a common technical method of measuring accumulation/distribution of
a stock is to measure the volume of trades at the bid (selling), and compare
it to the volume of trades at the ask (buying), and to note the ratio of the
two. Theoretically speaking a ratio of 1:1 should represent an equilibrium
level where price neither goes up or down, since it shows that buying and
selling activity are roughly equal. If there is more trading volume at the
ask than at the bid, then price should go up, and conversely if there is
more trading volume at the bid, then price should go down.
But in the OTCBB world, it's common knowledge that a ratio of about 1:2.5 or
1:3 (volume at bid to volume at ask) is required to move the price up, and
this up move is often delayed by days and sometimes weeks. On the other
hand, for prices to move down requires only fractionally less than 1:3.
Prices commonly drop when the ratio is 1:2 or less.
Why is the ratio so much greater the theoretical 1:1?
In these instances which happen everyday in most OTCBB stocks there is more
trading occurring at the ask than the bid, yet price falls! Why?
Certain market participants are allowed to routinely buy at the bid and sell
at the ask, and these participants do much more selling at the ask than
buying at the bid, in order too fool the general public that uses technical
analysis in their trading arsenal into believing more buying is taking place
than is actually occurring. Additionally the market participants doing the
majority of the selling at the ask (the Market Makers) are not the same
entities as the market participants doing the buying at the bid. It is my
contention that this is allowed by the SEC to deliberately fool the "little
guy" thereby allowing the Market Makers to conceal sells in the ticker tape
while simultaneously making them appear to be buys because they occur at the
ask. This should be considered Market Maker Manipulation, but unfortunately
under the current rules it is allowed. Has the SEC been implicated in fraud
by allowing this type of unusual buying and selling activity by certain
market specialists while at the same time other market participants, namely
the general public do not receive such favorable prices for similar trades?
Volume Manipulation and the
"Market Maker orchestrated Pump and Dump"
Volume Manipulation is another area where Market Maker's collude to create
the impression that there is more activity, accumulation or distribution,
then there actually is. For example, Market Maker A buys 100K from Market
Maker B, who then sells them to Market Maker C, then Market Maker D buys
them, making it appear as if there is 300K worth of volume, when all that
was happening was a "Churn" game that served to inflate volume for the day.
For a more in depth discussion of how this works, please see The Forbes
article titled "One Day Soon the Music's Going to Stop"
http://www.forbes.com/forbes/072996/5803072a.htm
The core aspect of this manipulation is the structure of NASDAQ's ACT system
itself, and which can be discerned by studying the buys and sells as they
are reported in the OTCBB time and sales reports, and by studying the
reporting as it occurs in the ACT system. The major distinguishing feature
here is that Market Maker to Market Maker transactions are recorded on the
sell side only (same as an investor buy), in contrast, the ACT system
records both buys and sells by Market Makers when the trade is being made
with the general public.
Lets look at a few examples, and please note that the side of the trade is
inverted depending upon the market participants "point of view." When a
Market Maker buys from the general public, it's the same as an investor
sell, it is recorded as an ACT system buy or "B". When a Market Maker sells
to the General public, which is the same as an investor buy, it is recorded
as an ACT system sell or "S". So the Market Makers report both buys and
sells to the general public. Unfortunately here is where the rules change to
the detriment of the average investor: A Market Maker to Market Maker
transaction is recorded solely on the sell side as an "S", not on the buy
"B" side. If a Market Maker buys from another Market Maker, it is not
recorded in the ACT system as a "B", it is only the selling Market Maker
that reports it. This is the core reason that it appears in the real time
price stream for OTCBB stocks that a bid:ask ratio of greater than 1:3 is
often required in order for prices to move up, since a Market Maker to
Market Maker transaction represents no change in the supply demand
equilibrium of a stock. The excess over 1:1 is Market Makers trading with
each other.
All sorts of technical accumulation/distribution models use volume in their
calculations, and this churn game where Market Makers sell to each other can
be used to manipulate the buying and selling of many who use such technical
models in their trading. These types of churn trades are all but impossible
to discern from retail trades and to my knowledge are currently completely
impossible to discern in real-time. The Market Makers combine this "churn"
trading with artificial price walk downs and naked shorting, and you have the
potential of complete Market Maker Manipulation of the whole price and volume
chart. This would be exceedingly profitable to conspirators at critical
technical junctures such as the apex of triangles and quiet, pre-breakout
trading ranges to make it appear that the order flow is going opposite to the
"real" order flow.
Why are MarketMaker's are allowed to report these churn trades (Market Maker
to Market Maker) as volume, since supposedly a Market Maker is only
concerned with "making a market?" There is no legitimate need for volume
figures reported in real time price streams as well as end of day price
reports to include Market Maker to Market Maker transactions. After all, who
is the market being made for? Another Market Maker?
Volume manipulation is a type of "pump and dump" scheme orchestrated by and
for the benefit of the Market Makers themselves. It works like this: The
Market Makers start selling to each other to artificially inflate the volume
figure over a period of days to generate investor interest, but they do not
yet start Naked Shorting. Now after some number of investors have laid down
their hard earned money and there has been some price appreciation, Market
Makers then start to Naked Short the position, effectively capturing the
Investors Money, as price erodes due to the dilution that the creation of
the short positions cause. This capture of investors money occurs in the
event the investor has a stop loss figured into their trading strategy which
mandates them to limit their losses, so they sell due to price erosion
caused by Naked Shorting. Stop loss's are always recommended in beginner's
guides to technical analysis and automated trading strategies.
I wonder why?
In any case these stop loss strategies combined with the flawed reporting
structure of the real time price stream, line the Market Makers pockets with
huge sums of money.
Come on now don't even go there pal, if I were a paid basher don't you think my employer would have signed my up with a subscription,lol,,, I told you I only get 15 post a day, now I am done with you, I didn't even post any derogatory remarks; I just simply agreed with another poster. And you choose to attack me as a basher, oh your good pal.
Dr. Wilson, Please sir if you really are a Doctor, explaine why they would have to file when they are a pink? hint they DON'T... and to make matters worse;
State of Incorporation: Wyoming ,,, (OMG) Oh My God!!!
Don't you know that a company that is incorporated in the state of Wyoming, shoot they don't ever have to file anything, all they have to do is DILUTE from the A/S, its perfectly legal in that state sir, check on it. they don't even need a transfer agent. hence forth; Transfer Agent: Not Available
lookfarward, Oh yes your profits;
Posted by: lookforward
In reply to: tradewell who wrote msg# 86382 Date:6/20/2006 12:41:34 AM
Post #of 110995
On the contrary, I've doubled my money, and hope to many more times.
Posted by: lookforward
In reply to: leemalone2k3 who wrote msg# 110979 Date:7/22/2006 2:36:16 PM
Post #of 110994
I've done exceedingly well on this stock, and plan to do even more, as a long. Flipping has serious risks/costs. If you wish to take those risks, fine.
Now how could you have done exceedingly well on this stock unless you have sold?? Still holding you say? then its not over yet for all you know even the (newbie) slappers could grow weary of this DILUTION & sell till the PPS goes down to .0002 you don't know, but yet you say you have done exceedingly well, that could only mean that you have flipped,oooops did I say that??
Posted by: lookforward
In reply to: shakerzzz who wrote msg# 92057 Date:6/26/2006 9:39:01 AM
Post #of 110995
Ask thinning! Triple zeros soon to be history!!
Oh are they now?
Consternation you say; exactly rite I am fearfull the PPS will be DILUTED down to .0002 and then a R/S occures, yikes not good but then you say you have done well,not.
would say that
Like I said look at the charts the accumulation is going up & the PPS is going down, stocks don't do this unless there diluting. Now if you insist on calling me a basher I will show you what bashing is all about, I don't post much so therfore I don't believe in bashing a stock, but if you insist on calling me a basher I will spend all my 15 post reposting my post # 110988, so don't go there! Oh & have a nice day!
lookforward, thats what you think I don't expect news till dilution stops & then look out for the dreded R/S cause Sandy ain't no dummy, he will want to get on another board, nasdaq, NY exchange so there will be a R/S, if you don't believe there is dilution then why is the accumulation indicator going up & the PPS going down, duh, call me a basher I don't really care, I just know that I won't buy till thee dilution stops & no I don't chase I buy on the dips, oh there will be plenty of those,what are you a pumper trying to get newbies to buy so you can flip & cash in on there 'love & emotion' for the stock.ha,ha,ha,...
Posted by: lookforward
In reply to: lookforward who wrote msg# 108281 Date:7/18/2006 11:18:22 AM
Post #of 110987
The price of admission is going up.
Oh is it now?
Posted by: lookforward
In reply to: None Date:7/18/2006 11:14:12 AM
Post #of 110987
Get the nines while they last. Triple zeros soon to be gone IMO.
Oh is it now?
Posted by: lookforward
In reply to: lookforward who wrote msg# 110499 Date:7/21/2006 10:39:25 AM
Post #of 110987
With a little buying pressure at the Ask, it will thin quickly. Lets get this going!
well with that statement its apparent! you are just a stock pumper!
Oh & then theres this;
Posted by: lookforward
In reply to: ogclip who wrote msg# 106528 Date:7/14/2006 9:29:57 AM
Post #of 110987
It is becoming clear that the FCC is the determing factor as to when we will see things start to move. Once approval is granted carriers will come on board rapidly, IMO.
Oh would they??
I would think that with the Verizon, Cingular, Sprint deals that they have gotten FCC approval,No??, they surely couldn't have been on our (USA,communications) airways without it. Could they? Oh don't get me wrong I'm all for the fight network being on the USA Cable TV carriers, thats just more work for me, remember my screen name? HA,HA,HA, I just don't like lying Azz diluting POS, CEO's. Oh & yes I work for one, I don't like him either,lol.
The best thing you could have done is left my post alone !
Agreed!, diluted POS.eom
Agreed!, diluted POS,eom
scarecrow173,I don't care who they are the majority of shareholders flip even if they say they don't, I don't believe a one of them, sure there may be some that don't but they are the stupid & or inexperianced ones.
Children)you know who you are,can we go the day without the constant barage of name calling & insults, the stocks on its way up now lets be thankfull for that.
Great Karma & IHDR both on ignore.eom
I hear ya sniper wasen't me I didn't have enough shares to drop it this low, everyone is tired of waiting & don't think the deal will go through. GLTY
to tell you the truth I think you are the ship here now I doubt anyone else is holding I had to sell a while ago but will keep an eye on it. GLTY & All
frankie there a pink they don't have to file, but to get the PPS up they better, I'm just wondering why the surge in volume 8,057,000 today JMO.
We close green today, eom.
.0389x4 .039x3 arca bid, etrd on ask
ok, fair enough.eom
well that goes without saying don't ya think, what was not cival about it?
frankie he's a pumper, I don't like pumpers.
I guess thats why you are madmax666, no but I'll give you somthing to hold with your ignorance. &^%$#& *&^%$# !!!
nevermind jabberstox I found it, by the manner in which you posted it I misconstrude it as a bashers post, sorry man,
jababerstox, so where is the 8K to prove that dilution statement you speak of?
they are a BB company they have to file it.
tex,if you think no more dilution then what do you think the O/S is now? TIA.
PokerVertigo, Just a fair warning to you that kind of language on the Ihub you can find yourself in the Ihub jail, don't believe me click on the link & read some of the post.
http://www.investorshub.com/boards/board.asp?board_id=38
ok, thanks madmax6 will look @ them,
longterm42 your reply to me has nothing to do with the statment to which you agreed to...oh this is not fun.
Posted by: oilstrike
In reply to: km123 who wrote msg# 16274 Date:7/5/2006 7:27:58 AM
Post #of 16307
I think these late comiung wanna be's are not at all privvy to what we have here.
Posted by: longterm42
In reply to: oilstrike who wrote msg# 16276 Date:7/5/2006 7:33:34 AM
Post #of 16308
oilstrike. i agree. they are stumbling around in the dark
oilstrike,longterm42, so what you don't want them investing in your stock raising the PPS, thats foolish, think about it!
the other frank, Thats exactly who I blame that FAT @$$ frank, no one made me buy this stock but me. but it was on his lies I stayed in it, he lied & swore by it, (KEEL HULL) the @#$%^&*.....
Ha, why do you think your cable tv bill is so high? there all a bunch of shysters, I know I work for the bastages, lol.
Global Marine Ltd. Secures $10,550,000 Multi-Phase Capital Infusion to Continue Development and Growth of This Shipwreck Salvage Company
Well Dany399, inlight of the fact that all your post seem to be in favor of Indocan Resources untill now, & you provided a link to the complaint/law suit, I have no choice but to believe you. with my experiances of the dreaded pennies I am extreamly glad I sold my 1,300,000 mill shares yesterday after the news of the regulation D" failed to raise the PPS I guess others know this company is shaddy at best, I wondered why it didn't move much on that news, time to move on. Thanks
anything closing down today?
you have a way of getting them don't you, must have somthing to do with your personality,lol...
better yet keel-hull the @#$%
I guess you aught to know all about "MAN LAW" ahh bone' LMFBO.
bones I'm sure if frankie had some detramental information you would have posted it by now. wouldn't you have, so tell me which bone do you like, oh that one, I have one for you, you sweetheart you, SWAK.
cosmoworld7,144 billion,lol.eom