Air shares, real shares.. as long as I sell them for a lot more than I paid for them I'll be fine :)

I am buying some for my IRA.
Is it a buy or a sell? Well, it could be both - I am buying and somebody is selling to me. So, it's a buy and a sell :)

This is actually the first time I had that problem and I have Ameritrade. Normally I get it within seconds too. Not sure if it matters that this was IRA account as opposed to my normal account.

Interesting.. I was going to buy some CDIV for my IRA account and put exact same order (.235) when it was at .221 and never got filled. Then I deleted my order and was going to try again for the higher ask and it never filled!

CDIV chart is going proportionally down as GRNO goes up.. You know what that means... "Some people don't get it"

Alan, I really appreciate your honesty. Actually, I have to say I am impressed that you are willing to share this kind of information with a stranger like me but I really hope one day I will be able to meet you and the others and we won't be strangers anymore.

Even though you lost a lot of potential profit you are not by any means a small fish here with your current account.
I apologize for being investigative here but your story seemed almost unreal and I just wanted to check and see if you really had such s*tty luck on both accounts - disappointing the team members and losing money.

All I can say is wow - here you have people that own 5,000 shares of CDIV and when it gets 40% down they start freaking out and complaining that they are losing "a lot of money". If that's not a proof that "a lot of money" is a relative term then I don't know what is! :)

My philosophy protects me from daily oscillations and the "noise" that comes when things go bad - I invested the money I can lose (not that I want to) without ruining my life so I don't sweat in front of my screen all day long reading all the messages and opinions. I realized right away that "it's going to $2 next week" is probably not going to happen so fast so I consider this a long term play and whenever it decides to happen I will be around.
I also promised to myself that I will rather burn money in CDIV to the ground than to sell for a loss because somebody out there said I(we) should.

When we talk about the amounts of money you had in your account I can totally understand the temptation to realize the profit. It is very human and very understandable - it doesn't make it right but I am not one of those self-righteous people that always jump first to judge wrong-doers because they think they would never do something like that. So instead of judging you I will say that you are in position to easily redeem yourself here by doing the right thing this time and helping other members with your buys as opposed to dumping on them. Once you do that your bad move will be forgotten and replaced with good feelings and everything will be back to where it is supposed to be.

The fact that you are willing to show up in person and tell people about your experience eye-to-eye is a sign of honesty to me.

At this point what you say doesn't matter but what you do is all that will matter.

I wish you a good luck and a clear conscience.

Alan,

I read your apology post and I have to ask you a question (and feel free to PM me if you don't want to share that info with everybody here - I would PM you but I am a free member so I can't).

So you sold 1 mil. shares of CDIV and made almost million dollars.. What kind of an initial investment are we talking about here? The reason I ask is that I cannot imagine that any average person would be close to million dollars and then risk it all to lose in other pink/otc stocks. I would say most people would take 80-90% out and gamble with 10-20% of the profit but I know for sure that for most people here million dollars would be more than enough to call it a retirement and would never think to gamble with that. I say most because I know some aim for a lot more but statistically speaking I believe "most people here" is a pretty safe bet.

I know that money can get to your head but I just don't believe that anybody would make a million to lose it all just like that.
So please pick one of the following: :)

a) I am pretty well off so $1 mil. isn't really that much money for me
b) I did sell 1 mil. shares of CDIV and I lost some but I said I lost it all so other people feel better
c) I never had 1mil shares of CDIV but I can say I do because we are all pretty much anonymous on the web and I dare you to prove me wrong
d) I will never fall asleep again thinking what I could have done with the money I gambled away

I took out the guilt part and the team from the equation and just focusing on the personal perspective.

Thanks.

You just need to become X-man and your x-wife will have no choice but to give you back all she took from you :)

Will you change your nickname then?

Sorry, couldn't resist :) I just like Monty Python-style humor.

Same stuff in OTC/pinky world..

I see these things happening over and over - a couple of months ago everybody was super excited about CDIV, some people started talking about expensive cars, $50 target, etc. You could find action figure conversations between MMs here, Monk as 21st century Jesus, you name it. Give them a typical downtrend treatment for a couple of months and when they see red in their accounts they are the first to jump the ship. I see now that those are selling CDIV and getting into the other play ("the next best thing"), chasing profits and they will probably get burned again and miss a rebound in CDIV.

Well, instead of repeating myself I'll just post a link to my older post on this topic..

Not sure anymore if this will get deleted or not - I did read the iHub handbook and according to that I'd say you can't say much without getting deleted because it can be interpreted as an off-topic. Hopefully this will pass because I believe it would help some that are getting shakes these days.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50473659

Happy trading everybody.

Arvitar, I understand you believe that CDIV and other Monk's picks are not going to do well in the long run. Would you please post your own picks, targets and time frame for those. At least that way you would help people make some money and not just point the obvious how this stock is down while enjoying every down tick.

Or you just prefer to sit on the side of a highway, wait for a bad accident to happen and enjoy watching how "stupid people that don't know how to drive bleed to death"?

I didn't quote anybody. I posted a possible though in one of those minds over there and put it in quotes. It's just one of my comic strip type posts I guess (quotes instead of balloons over somebody's head) :)

I think because of those posts over there some people here are getting nervous, right Keveander? :)

Sholtz, I agree with you that we shouldn't talk all day long about other boards but we should acknowledge that we know what's being said about CDIV out there. Why bother you ask?
Well, because I found out about CDIV on Yahoo boards which led me to iHub. I would assume a lot of other people will be doing the same but now reading all these things will not encourage anybody to even think about FLD. Wicks is the only one who tries to defend CDIV strategy over there. I believe you think "just ignore that trash" and you are right but that's not how things work. I am heavily involved in social media strategy for the company I work for and you know what big companies do these days? They have teams that are fully dedicated to social media and monitoring all posts on the web and responding. Dell learned their lesson given the "horrible support" image by not responding to complaints on the web and now their reps are all over it.
Do you think republicans or democrats are reading negative posts about their party out there and saying "well, that's just a bunch of crap - we know we are right so we'll just let it go and have people figure out who's best". I don't think so. It's a war my friend.

You're too confident for somebody who is going to jail soon sir.
How I know that? I read it on CDIV Yahoo board so it definitely must be true!
:)

Here's how one of their stories would sound like:

"I came to iHub and found CDIV. Everybody is saying that the squeeze is just around the corner.. Some people are saying every week "maybe next week". So I invested $20k because they said "it's a sure thing" and calculated my profit which is almost a million dollars! Oh man, I couldn't sleep all night long! And then I just watch it go down day after day!". Reading some other posts on Yahoo I realized I'm being scammed by Monk and his team who loaded up at the bottom and now unloading on me! So I sold for a big loss and now I will dedicate my time "saving" other people making the same mistake. That Monk guy is going to jail for sure.

And that's how I became Darth Vader!"

:)

Disgruntled ex-owner(s) of CDIV or other FLDs are all over Yahoo boards VERY angry. I have a theory.. I don't think those are paid bashers or MM trolls.. I belive these are people who bought CDIV when it was high and when everybody here was screaming "it's going to $20". I warned a couple of people here not to talk that way because there are people that think it will go 20,000% in a week. Why? Well, because THEY bought it and now it's OK to go up.
So somebody lost patience (which is the key in any type of investing and ESPECIALLY here), sold for a loss and now they turned to the dark side of the moon. I would say some of those people were once here pumping CDIV themselves (out of excitement) and because it didn't go their way now they are full time "Scam busters".

I believe some people here are selling which is directly connected to the accusations on Yahoo CDIV board and those same people now are here as well. Those are some serious accusations and the only person who can dismiss them with authority is the Monk himself.

For ones that met Monk it's probably easy to dismiss those accusations but many will be scared. I will not change my mind nor sell one share of mine because I have my strategy and I would rather burn all of my money to the ground than to sell and see it go up later.

Not sure about others.

That makes us two! I can't believe we actually kept it for so long but when you're 99% down you might as well :)

That's it! I had enough of this waiting..
I just offered most of my shares at $7 and the rest at $10 :)

Another 5.000 in my pocket..

Ahh, you remind me of myself years ago so much in every sentence you write!

And here's your concern: If the squeeze starts at $1 and goes to $5 then you make, let's say, 600%. That's great, right?
NO, because you are mad now that you didn't get in in the .30's because you would have then made 1500%!

If you bough in the .30's and made 1500% then you wish you bough a year ago because you would make SO much more...
You want to do exactly what myself tried to do years ago - get in at the absolute bottom and sell at the absolute top.
It's the mind game that will make you fail every time. It's totally irrational but so predictable.

All I can say - read the book! (Hm.. now I sound like I am pumping a book :)

Go ahead and read my post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50422691

In addition to that here's a couple of other typical thoughts:

1. You will be angry and negative until the stock reaches your entry point. You put money in and now you're significantly down. You DON'T believe that this "piece of c**p" will ever go back to where you bough it.

2. You just hope to get your money back because you are already sick looking at your "loss" every day. If somebody offered you money you spend in exchange for your shares you would do that in a heartbeat and never look back. You also promise to yourself you'll never make a stupid mistake like this again.

3. Now there are a couple of scenarios: You wait and wait and wait.. Now you are really sick of this because it's not doing anything and you come to a realization that nobody can beat MMs in this game because it's their own game! Monk and others here are drinking CDIV CoolAid but they are at least not down like you are.. You are mad at everybody including yourself and decide to bite the bullet and sell this c**p at a small loss but that's better than 80% down!

Another scenario: The stock takes off much sooner than most expected (bull shake). You are 50% up. MAN! Oooohh, this feels much better but now the next dilema comes.. "Should I sell now?" 50% is a big gain by any means! You punch yourself in the face for not buying when it was in the 30's.. Gosh, if I bought down there a bunch not only I would be 50% but 100% up! If I only knew! Aaaahhh, why didn't I buy!?". Well, I will wait.. looks like the momentum is back.. It will probably go up more and I will get my 100%.
Then it starts going down.. WHAT?? 30% up, 17% up, 4% up... OH NO!! IT'S GOING BACK ALL THE WAY DOWN!! I am selling.. There's no way I'll be down 80% again! "Sell" button got hit..
"Uff.. that was close!" I got my money back.. But s**t, I was 50% up and I didn't sell! IDIOT! Could have made couple thousand easily there! But no, I wanted more! Uuuuhh.. Well, that's OK. Look, the thing is already 20% down since I sold it.. What a piece of s**t!

Couple of days later you're out of this stock but still browsing this board and you already turned into a basher because you just proved to yourself that this is just a piece of c**p just like any other penny stock out there.

Out of nowhere it starts going up like crazy. What the hell!!? It's almost $2! Oh man! You start calculating how much money you missed... Now you are really pissed off! MMs are crooks, people on this board are crooks, the whole world is bad.. You hate stocks, you hate life.. it's not fair!

Sounds familiar? :)

Yep.. This one I've lived many times in my trading history..

1. You find a stock on a board where everybody is raving about it
2. You buy like crazy because otherwise "you will miss the train"
3. Stock goes up and you feel good about green but not selling for sh*ty 10% gain.. you are waiting for at least 100% or more as everybody is talking about on the board
4. All of a sudden stock starts a downtrend and now you are 10% down - it doesn't feel good but you say "that's ok, it's coming back up.. it always does".
5. Time goes by and you are looking every day how your money is disappearing in red and you lose your hope. In the meantime a bunch of bashers show up telling everybody to get out as soon as possible because this is just the start and it's going to the ground.

6. NOW, here's your critical thought "GOD, PLEASE let this stock go back to my buying point so I can get my money back and I promise I'll do anything you ask from me. Please, please, please.. I just can't lose this money... Oh, God... I could have bought X, Y, Z for this money I am in red... Oh, I think I am going to throw up!"

7. Now you are waaay in red (like 60-70% or more) and the stock has to go way more than that up in order to get to your entry point.. there's no way it will EVER go up that much.. You lose your hope and decide to sell..
ANOTHER spin to this is that MMs take your stock back up (bull shake) and you cannot be happier to sell "this looser" to get your money back. All of a sudden, just getting your money back (maybe even with a small loss) feels better then the original plan making 100% gain or more!

That's how money is made in MMs land! It always works! Why? Because humans are irrational and everything in today's modern world is based on fear and greed.

Aside I highly recommend Dan Ariely's "Predictably Irrational" book. It explains our emotions and decisions and since I read it I look at things in A VERY different way.

We are all irrational in our lives in general and the way we behave in stock trading is just a reflection of our general lack of discipline, control of emotions and patience.

You won't see me here every day. I just visited today because it's a "bad day" so I wanted to see how team is doing but in general I am doing other things and letting this play itself.

Good luck to everybody and read the book. I promise it will change your way of looking at things in life.

Are you implying I sold today? I guess you missed my joke.
I am not selling one single share. I will burn it to the ground if I have to before I let go.

I know for a fact that today's move scared a lot of people into selling especially those that a couple weeks ago were yelling all over the board how they are so confident this is going to hit $1 before you know it and then run to $15 from there.

I've seen this many, many times before. Some of my bets ended up as 100% losses and on some I had 600% gains. You just don't know but my philosophy is that I am ready to lose it all or make it big. Selling in the middle of the game just doesn't make sense as much as trying to time it. Day trading and charts make sense for big board stocks but I am not sure if it makes any sense for pinkies.

Covering will start once pretty much everybody gives up (for those asking when). General market crash came to MMs as the best thing they could have possibly asked for at this time. What an excuse to drive this thing down 20+ % down i a day. At the same time people all over are freaking out about all other stocks which contributes to general panic.

I've never been calmer looking at red in my portfolio.

Are you saying I have to wait until DECEMBER to get my 1,000% gain!!! That's a bunch of BS! Well then, I will take my money to a different stock where 500% gain in a week is guaranteed!
:) LOL

Interesting.. I got filled 5,000 at 0.375 in 2 minutes or so..

And another 5,000 here.

I quit reading this board daily and focused on other things and let my money work for me over time.

I just came back today to see reactions to a drop and, man, isn't it the same stories all over again. Now I really see what "noise" means :)

People that are bullish are saying "you won't see these prices much longer.. buy all you can here.. it's going up soon.. great adding opportunity".

Our well known naysayers are sticking to their story "you think this is low? well, you haven't seen anything.. down, down, down..

My take? Same as before - I asked all of my questions here until I realized what I am buying. After that I kept adding and I still do. I don't listen to anybody who is predicting short-term things here because NOBODY knows and you are ALL wrong :) A couple of people here that I really respect get carried away and say things that they might regret later. A couple of weeks ago when the price was in the high 40's I remember a verbal ping-pong between people high on CDIV and naysayers and somebody (I am not naming) said "You will never see CDIV in 30's again. MARK THIS POST! If it ever goes there this team will buy millions at that level..".

Well, sir, here we are in the 30's and I don't see buying in millions. Why? Because the markets are in serious red and every time that happens "normal" investors get scared and hold on to their cash. It doesn't matter to me since I am putting money I don't have to live on in CDIV and I can wait. But as I pointed out in one of my early posts some came here on a premise that they will invest $1,000 and get $50,000 out in a matter of weeks.

Well, these people bought with money they cannot afford to lose or wait for too long because a lot of false promises on this board that the cover will start "any time", "sooner than many think", "I would say next week or so".

I was buying all this time knowing it WILL NOT happen that soon because it's too good to be true (from my 10 years of trading experience) but I know it WILL happen eventually (maybe even slowly over months) - I don't know when but I have my target and I will hold until then. Again, I might add - it's definitely not $25 :)

Same thing applies to "negatives" here. Once CDIV gets fresh buyers and starts going up all those "this will never see .70 again", "this is going back to .0001" will look as stupid as the ones predicting" $2 by June if not earlier".

I wish everyone one virtue that is important here and in life in general - patience. It's amazing that we live in such world that we cannot wait for anything anymore.. If it's not instant gratification then it's not worth my time. Tons of messages about 100,000% return but nobody wants to wait more than a few months for that!! This is a pink sheet stock people! You know what it assumes? HIGH RISK!

I would like to make 10 million dollars somehow legal with no risk in about a month. Please let me know how by responding on a public board - I'll keep your secret :)

And also notice that every time before it went up it touched 200MA. I am all about averaging down at this point and I am slowly adding as we go down but I really hope it goes down to 200MA.

OMG!! I am 22% down!!
I just can't take it anymore.. If this stock goes down to low 30's I will just...


DOUBLE UP MY SHARES! :))

Same here. Another 2k at .45

I though I was the only one holding it for so long...

Am I interested in learning how to make money and eventually quit my job? Hmmmm.. Let me see - OH, YES! :)

Maybe it would be easier for you to modify your question and ask "anybody who is not interested let me know" so the list would be much shorter and easier to maintain :)

Wow..

I am holding CHMD in my portfolio for years (my average is $0.25) and waiting for so long really kills a hope but it seems the party time is coming up.

A couple of times I was going to take a loss on this one but I just let it sit there thinking "well, I'll just leave it alone and see what happens.. that money is lost to me anyway".

Now looking at that device I can see that there's definitely a good potential and a big market for it.

Let's see how it plays out!

Oh, I get it.. your $32 target.

Nothing personal lymmas but that does sound like pumping to a lot of people. It's your right to set any exit price for yourself but I think it's beyond any stretch of imagination. That is, of course, only my opinion as much as $32 is yours.

Which part are you referring to lymmas?

Pump and Dump Scam Accusations

So I am reading different articles on the web that state how CDIV is a typical P&D scheme with a different name.
Instead of attacking these articles and people that write them I have an answer that should put things in perspective for people that don't know who to believe or have doubts.

OK, so let's start with "dump". It is true! Everybody here intends to dump their shares at one point. Nobody is saying that they will keep investing in this stock in their 401k for the next 10 years because it's the next "big thing". We all know the assets and valuation of this company and we agree - it's not worth the current valuation and it will be even further away from it in the coming weeks/months. So, dumping shares we are buying today for big profits is part of the plan and nobody is denying that.

Once the squeeze starts a lot of day trading and MOMO boards will start pumping it all over the place and some people will hear about it when it's around the peak of the run - those that buy at that point will lose their money. They will be pissed off, call it a pump&dump scam, "we need to call SEC", "these people need to be punished", "that's totally illegal", etc. I've been one of those suckers before and lost my shirt so I know exactly how it feels. Well, life is unfair - I am doing my part by telling everybody I know (interested in stocks) about CDIV but most of them are traditional "old school" people that believe their "financial adviser" who tells them to stay away from penny stocks and invest in "good companies". So...

Now the "pump" part. When I started reading about CDIV here I was actually pretty discouraged seeing a bunch of people pumping this to high heavens. There's no way to prevent that because this is a public board but I would say that the admins need to discourage that as much as the obvious bashers because that kills the credibility of this group. One thing is to answer questions people have and positively encourage them to be part of the play if they want(BTW, I would like to thank all of you who answered a bunch of mine here) but somebody started talking about $20 target and now I see $32 talk!

OK, everybody is entitled to have any target they desire in their head but come on.. that plays right into the ones that are writing articles about CDIV as the biggest p&d scam ever. Why don't we start saying "I am not selling a single share before $300!". Well, it's true - we own the float and MMs eventually have to cover and for that they need shares... so, we don't give them our shares until $100 - simple as that. Yeah right..

"Scam" part.. I own quite a few of "big" stocks in my portfolios (401k, stock portfolio, IRA, etc.) Just today my company's stock got upgraded by a "big analyst" just a few days after another "big analyst" downgraded it. The stock is trading at around $31 and the analyst who downgraded it a couple of days ago set a target price of $21!!! The other analyst set the target price to $31! Do you think they have different agendas!?
We witness scams every day at much higher levels (stocks, real estate, politics, sports, you name it).
Here we are fighting a typical well known scam by MMs so let's call our play "scamming the scammers" :)

So are we pump&dump group? Well, we would certainly like to dump for 1000% profit (or maybe 50,000% or more for some here :).
Pump? Yes, some people here can definitely be qualified as pumpers but then we have bashers showing up here and there so I guess we are a balanced group :)

Happy trading everybody and let's make some money by scamming the scammers!

You know, this is like everything else in life - it's much easier to relax and be confident once you got through one successfully. But the first one is the hardest and most emotional especially for people that have been burned really bad int he past. I promised to myself I will give this one a chance to go to the end no matter how long it takes or how I feel about it at times. That's what killed me in the past!

Also, once this plays out I will have a proof for my wife that this isn't "Oh God, another message board that is promising to make you rich.." :)

More and more I see how easy is to become a sucker in this game and why it's important to keep buying and averaging up and down - I used to be one of those that dream about buying at the bottom and selling at the perfect top. MMs love those because you usually end up chasing up and selling low because you buy too high.. Man, how MANY I did in the past 10 years!

If I didn't become part of this group I'd be freaking out a long time ago and probably already sold at 25% loss.

Hi BillyJack,

I am reading like crazy all the posts I can these days so I can understand more but here and there a question pops up in my head and here's one:

So the premise here is that MMs are just shorting but I believe they are making money both ways - long and short. So let's say they drive the price down to 10 cents (from .70) by shorting. That will scare the crap out of a lot of beginners so they will not shake a LOT of shares out of strong hands here but they WILL shake some out of those that cannot take too much pain (red). Then one day they decide to go long and start buying at .10 and drive the price (with big volume) all the way to $1. So for them that's a 10-bagger right there in profit. At $1 they start selling and shorting again and drive it down back to .30.. Do that a couple of times and they made pretty penny. THEN, after they made a killing they say "OK, let's now cover and get the hell out of this crazy pinkie... so then the real deal starts and everybody here makes mucho mullah." By covering their shorts they lose money but they offset it in the meantime by gains as I described so they may lose a little bit here but that's 1 out of 999 they win so I see them just fine and therefore 100+ million dollar profits for NITE last year.

In that scenario we get what we are here for but I just don't see how "MMs lose their jobs, they get fired, they get blasted, bla bla.." In the process of manipulating the price and walking it up and down they are making a lot of money. So in the end they are fine and we are too. The only losers are the ones they get shaken off in the process.

Am I missing something here?

Ex Blockman,

After reading your testimonial I really got inspired like never before. This is the first time in many years of my trading that I am not scared being down on a stock (nobody likes red)!

I believe that CDIV will be the biggest gain in my trading history and that's why I keep adding almost daily and I don't care if I add and then it goes down a few cents. This time I am focused on a big picture and a few cents really don't matter at that scale.