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Technical Indicator-I must say, I LOVE your analysis and approach. I couldn't agree more, that knowledge is power! I enjoy the filings and financials. Research can be exhaustive, however, extremely necessary.
So very glad I joined iHub..And I'm certainly looking forward to learning from your experience and knowledge. In addition, I also enjoy sharing what bits and pieces I can to help others learn.
Thanks for the wonderful insight into GPXM...
Also enjoy the Locomotive! My grandfather retired from The L & N Railroad after 31 years...Full Steam Ahead!!!!!
KyBourbon
The sad truth is, with almost 38% of trades being exposed to Naked Selling (4 out of 10 trades), perhaps the SEC should crack down when Companies submit filings to increase share offerings...Especially when u go from say 45 million shares to 4.5 Billion... That should be a "RED FLAG" to the SEC..
If the Companies "intent" is to "reward" investors, why not just issue a 2 or 3 for 1 split? Does the same thing...Share price goes down as a result of increase in # of shares. However, by increasing the shares available for NSS exposure...It's puts ALL shareholder's at risk!
Food for thought...
KyBourbon
The ONLY way to establish ANY "alleged" NSS Position would be to account for each and every share in certificate form by "us shareholders".
Then-Subtract the restristriced shares held by company Exec..
Then-Subtract Treasury stock (Still authorized, but not issued)
Then-Subtract shares w/ MM and/or brokerage(s).
Then-compile the number of shares for the ?????
(THE TRANSFER AGENT IS REQUIRED BY LAW TO KEEP RECORDS)
BUT...The problem is...How many investors hold shares in Cert. form (VS Street Form) on a penny stock w/ 31 Billion Shares...Why would someone do that? They want to wallpaper a room in the house?
Look: 31,562,377,817 (31 Billion + Shares Authorized)
I mean come on..It's like "Widgets" @ Wal-mart!!!
Wal-mart bought 10MM widgets @ .40 cents each=$4MM invested.
At first the widgets were "on Fire!!!!!" Selling like hot cakes at $1.25 each...And they Blew out 7MM widgets.($8,750,000)
Wal-mart is already PLUS $ 4,750,000 in Gross Profit.
Lets say the HEAT moved to a Fizzle.
Now......the left over 3MM widgets (10-7=3) are accumulated into baskets,bins,back-stock, "Clearance Bins", etc...
When & IF Wal-mart does an Inventory on the "widgets".....How many you think are Un-accounted for??
And...by the way...look at the math..
Does Wal-mart really care at this point if they get .10 or .05 for each left over 3MM widgets...
Of course not. They are in the MONEY...Same here w/ FFGO.
If I issued 31 Billion shares of anything....There are many willing to dump $100 bucks into the "What If!" Just to get in line to see what happens!
Just my opinion..
KyBourbon
I would not be so sure of that.....
One needs to understand the principals at work here.Once a business is established, files w/ SOS, has an EIN...It is a Living, Breathing, Machine...
Trading may be halted/suspended of the SHARES..But the BUSINESS (Hunt Gold) is still a going concern...Call SOS in Florida if you question that!!
I'm just saying..
KyBourbon
You got that right....This whole thing is "political ego's" at work...There is way too much at stake to just abandon this property..
The economic value to the region, and company are huge!!!
If one reads between the lines, Media/News from Canada suggests the proposal is "not approved as submitted!"
Nothing like a beautiful negotiation..
I appreciate the PANIC camp! They just put a great big "CLEARANCE" sale on these shares, as far as I'm concerned....Time to back the truck up, and stuff it full of shares!!!
KyBourbon
State of Florida is same as Kentucky..Annual Reports(or lack of), Registered agent change( w/out appoint new one), or similiar business actions, set automatic Admin. Dissolution...
Not sure about FL law, but in Kentucky, the Corporation (INC,LLC) may petition the Secretary of State, with a fee, and the past due filings (E.G annual report), and have the Admin Dissolution removed......and SHAZAM!!!!! The Corporation is back in GOOD standing, as though none of the aforementioned activities ever took place!!!
My guess is Lumb, Lowenthal, Bazzano, and Compan(IES), etc..etc..., are well versed in the state's that operate in a similar manner.
My point is...it is "possible", however, not "Likely", that this HGLC shell could receive some "new" breath...and bring it back from the dead!
Although I'm pretty sure we have to wait to next year for Halloween again!
GLTA
KyBourbon
Good Morning...I'm in EST (Estern Time Zone) 7:22am here, and for the last 40 minutes...trades are off by $1.85-$2.35, +/-...
Current B/A are 100-400 shares @ $4.42-$4.47.....Shares still positive for YTD, according to charts...
I'm still long on this one in my portfolio...Holding this as well as other plays in the sector...CLHRF,GPXM,AUY, etc.,etc.,etc.
Disapointing news...but I'm not going to jump ship yet!!!
GLTA
KyBourbon
Something else noteworthy....An article from yesterday, 11/2/2010 on ABX (Barrick Gold's) stock chart, found as related stories (yahoo.finance) quantifies what I stated moments ago and have believed about the mining plays for months.
Rand Paul-"Newly Elected" Republican Senator from KY, is the son of Ron Paul-Republican, Texas who believe's the USD should go back to a "gold" standard to back the value of the dollar!!!!!
Republicans typically favor tax policies that also are aimed at Capital Preservation (e.g. lower capital gains taxes).
Is America great, or what?
GPXM.....I'm setting the buy trigger on auto pilot!!!!!
KyBourbon
Time to strap a seatbelt on...and start adding!!!!!
Houston......Were ready for take off!!!!
Like I stated in a previous post, pending election results, this baby will likely "double" by end of Q1 2011.. It would not suprise me..
Just got my "prospectus" in the mail today regarding officer election, financial details, upcoming annual shareholder's meeting, etc..etc..etc...
Mr. Gunn, up for director appointment, loaded his....Gun's that is...
He has a very nice position already, and "many" insiders have deferred compensation options exercisable @ .20-.25 per share through out Q1-Q3 2011...Also warrants for shares in some of the transactions..
Smells like MONEY to be made!!!!!
GLTA
KyBourbon
Exactly! I even modified my order in my other account from sell part of the lot here.... @ .0001 x 15MM shares GTC...Set the trade on 10/16/2010...Nothing..for days!!!! I am reminded every time I log on...
I have a seperate GTC x.0001 x 1,500,000 shares from 10/7/2010 about to expire..and the broker said "it" may NOT be renewable due to bid of .0000 and MM trying to fill umpteen current orders....
I'm begining to wonder if the S.S. FFGO has my shares holding it back like an anchor, and keeping it from "freely" sailing the wild blue seas!
Any one seen any floatation devices left on the starboard side of the boat?
Ooooh Yea...Hey Bartender, another Martini here please....I'm waiting on a call from my broker! I'm a Stock Trader u know.......
GLTA
KyBourbon
You know it!!! Sipping some fine spirits...and collecting divvy's every quarter. Next Date 11/18 @ .19 per share again..
Kinda nice to get an extra share and a half a year on my small 100 share position..
Aaaaahhhhh. The Good Life!
KyBourbon
Greetings-
Colombia Clean Power is advancing energy with clean technologies, according to its web site.
Great Executive management team with years of experience in the industry. The company has placed primary responsibility in developing and/or enhancing Clean Energy, Clean Coal, and Renewable Energy.
A long play for my portfolio..
Great deal of possibility here in an ever expanding Clean Energy space.
KyBourbon
When Mr. Lumb crossed the pond to the US, he found money in the form of "traders"......After Mr. Lowenthal joined the fold, they quickly rode the elevator of intoxication....
Anyone who joined, thereafter....Entered the FFGO....Twilight Zone....
DoooDoooDoooDoooDoooDoooDooDooo!!!!!
I Love it..Anyone got any mind altering chemicals to wash down this FFGO?
KyBourbon
Getting ready for Breeder's Cup...Nov 5 & 6..The finest Blood stock in the world...
This play has value, tradition, and potential...Although HullabaLOU did not go over as anticipated, 100 degree August summer's are not fun in any state.
The race tracks under this umbrella demonstrate the history of the sport!!
"If" slot gamming is legalized in the primary corridor of this racing empire...watch out!!!!
KyBourbon
As the Official Site States.....Since 1776 The People of Kentucky have been makin Bourbon.... And Yes...it is a FINE ART!!!!!!!
Love the product..and the stock...Own Both....Become a connoisseur of one of the finest spirts ever distilled.....Bourbon....Available everywhere...Made best in Kentucky!!!!
KyBourbon
When the Colonel set out w/ 11 herbs and spices...@ 60 plus years old...He Got it Right...
Welcome to the NEW Yum Center!!! Home to Cardinal Basketball & Mr. Pitino...Plus a great attraction to the "skyline"....
By the way...Love the stock too....Income...Stability...Growth...
KyBourbon
Started buying at under 3.00 per share...Have u driven a Ford, Lately?
What smart management...100 plus years old!!!! Like a Timex watch!!!!
keeps going...and going...
This play adds: balance, income, growth, stability to any portfolio!!!!
KyBourbon
'Maker's Mark & Jim Beam...aaah Bourbon at its finest......Tradition and value....Have a sip...Responsibly, of course..
Ky Bourbon
Ooooh Yeeeaaaa!!! just under .14
As I said b4..."To The MOON Alice"!!!!!!!!!!!
KyBourbon
A 12 step program we can complete in Step 1....
Wait a minute...Scratch that! I probably should do an Inventory after this buy!!!!!LOL
KyBourbon
Love to see this at a nickle today!!!! My 50k shares x .01 are now valued at $2500.00 Wish I would have bought 250k shares....but, I think I'll double-down! As they say in Black-Jack!!!!
21.....a winner!!!
KyBourbon
To bull21 & kellyloveme2....What a handsome start of the week for this baby!!!!
At this level, if interest and volume persist, .20-.24 by EOM are way possible!!
"IF" election results are favorable for the Capital Gains crowd...Wednesday, buy a ticket for this Trade!!!
As the infamous Jackie Gleason, of The Honey Mooners, would say,
"To the MOON, Alice!"
Or PLUTO...Whatever plant you wanna pick...Light the Wick!
KyBourbon
I must say, you have quite the sense of humor-What Up! How refreshing to learn others here can have fun knowing in "any" stock you can loose your shirt, but in "pennies" as the OTBB states "caveat emptor".
And as was previously posted, by Anvil I believe, this one's gonna be life changing!!!!!
Trades like this one remind me of pyramid pitch's I get from people time to time...You know the type.
AMWAY...."are U looking for an OPPORTUNITY?"
Same deal here:
(F)ind
(F)riends
(G)et
(O)n
Go...Go....Go...
What about my trip to Hawaii?
KyBourbon
Did I miss Cramer's BooooooYaaaaaa to BUY...BUY....BUY....on CNBC?
Can someone say SHARE VOLUME!!!!!!! WOW!
KyBourbon
Glad to hear from another Bourbon fan!!
At this point, the money I made tradding this thing was as fun as it's predecesser GWGO...
By the time the ship was going down and life raft's were scarce....
I was transferring my safe full of money over to my private yacht, headed for shore!!!!
Welcome aboard the S.S. FFGO...
Have a seat..and enjoy the ride!
KyBourbon
Now if only 995 Million more shares are bought today, my 15 million order to sell might actually get filled.
I was once told Hope was a place in Arkansas....I'm begining to wonder if Lumb has a residence there?
I-19.......B..I..N..G..O..!!! BINGO!
They say "someone's gonna win...might as well be you"!
KyBourbon
I could not agree more.. Reminds me of AUY...Wow, the money that "sleeper" made me....
This trade has tremendous potential for a LONG PENNY!!!
KyBourbon
Would be nice to see this thing come to reality...
However, at this point I would rather be holding one physical ouce So.African Krugerrand in HARD Asset form...Gold will likely hit $2k in the next 12-18 months. According to the latest world data..
With too many loose fiat currencies (including the Dollar) having trouble...I see GOLD, SILVER, COPPER, PLATINUM ready to EXPLODE!!!
A divy would be nice...but, at this point I'm wondering about my options w/FFGO....
Would be nice to learn some solid news very soon!!!!
KyBourbon
Maybe after the MM and/or Broker's fill your $5k order for 50MM shares, the trading activity will actually reflect the trade!!!!! For DAY'S I've waited for a REAL buyer of my shares!
"If" I'm LUCKY, 15MM of those shares you want to buy will come from my shares waiting to SELL......Then I can put my $1500 to use somewhere else...BTW- I also have 3000 shares left of HGLC if u want to take those off my hands as well!!!
But...I'm not going to hold my breath considering the BILLIONS of SELL trades ahead of me for more than a week now!!
I'm just sayin'!
KyBourbon
For sure, investment philosopy can differ between individuals.
However, I presume by your post, your long on this play, as am I.
When I see a company reporting solid growth, sec filings that have substance-8K on 10/22/10, and strong management, I will follow it and keep adding to my position, as my portfolio permits.
According to the industry sector, and the fact this comapny was able to leverage $12 million debt facility, w/ 1st right of refusal to protect against Scorpio, suggest this mgmnt. team realize the long term growth potential.
In addition, this play reminds me of a similar outcome I've had the pleasure of appreciating in AUY....Ground floor had clearance stock price entry....Today it trades strong and long by many.
I'll keep adding to GPXM all the way up....I love this trade!!!
KyBourbon
There is no specific link.. In my Due Diligence "Research", I looked at the SEC filings, the company web site, other investment literature, and/or subscriptions, then GOOGLE search for each piece of information.
E.G. Franzone, InvestPrivate, etc., etc., FYI- There are ZERO trades for this equity today.
Although my research tends to be exhaustive, I like to protect my money.
Capital Preservation is equally important to Capital Appreciation!
Best of Luck!
Ky Bourbon
Had a chance to do more research. The "alert" should be the recent SEC filing.
Evidently, Mr. Franzone has business relationships with his InvestPrivate,Inc colleagues in New York where he holds a key position.
The FINRA, sanctioned a few of the Key Executives for wrongful activities...
When the GSPN Executive Team start looking for the EXIT door, that is a clear sign to me to also EXIT.
"IF" this is another attempt by skillful individuals to "Dine & Dash"...
I don't want to be stuck picking up the check!!!
Too many other great plays out there in the market. I will watch from the sidelines on this one before I decide to get my feet wet.
Best of Luck to those who decide to dive into the water amidst the sharks...Be careful not to become the bait!
KyBourbon
Imagine $1000 in November 2008. (1000/.01=100k)
Ooops...Last tick today October 2010 was .1360..
Hmmmmm......1360x100k=$13,600..
Almost $600 per month b4 capital gains...
Love It!!! Love It!!!! Love It!!!!
It's like great bourbon....It gets better with age!
KyBourbon
Up 155% plus already this year.......Maybe I should think about following the S&P 500..
Nah....Never have been STANDARD.....AND I D#@N sure am NOT POOR!!!
With Gold & Silver at RECORD levels.....This little "nuggett" could go over a quarter (.25) by end of the year. The volume could certainly push it up..up..up!
KyBourbon
Ditto that..I've already looked at the math...If my order to sell 15mm shares is behind every other open order, and the after lunch crowd trade only in 3mm-23mm shares...It will take more than 135 days for my order to even be looked at...
That is, unless the "shorts" need my shares to level the balance sheet...I've already cashed in quite a few times on this one...
"If" I get the dividend and the 3400%, that would be the cherry on top!!!
I can march to the tune of that drummer...I know you know what I mean, Neil!!!
KyBourbon
For sure...What I find interresting, however, is the "window" of trading that has began of late....(E.G. 3mm-23mm shares trade when someone gets back from lunch!)
It's like someone says, "Oh, hey...What about FFGO? Should we trade a block of shares today?
The beautiful thing about being LONG in a penny stock, is some times the bid is entered without looking at how many places after the decimal point!!! For those paying attention....Selling off 250k shares can make a very nice return on investment!!!
KyBourbon
I added 50k shares of this years ago for the very, very-long play..
Ever seen the episode of CSI Miami, where forensic investigator Eric is trying to solve a case and has a zNose hand held? He even talks about how he is going to use it to solve the crime, and mentions it by name..
The latest press releases for this company utilizing zNose in the medical field to diagnose certain medical conditions makes this very promising...
Probably going to add to my position, after election day...Need to see what's going to change in Washington regarding taxes, policy, etc..
KyBourbon
I am also with Scottrade and as you stated, following Friday close of business ( October 22, 2009 ) my account reflected ZERO balance related to FFGO.
Of interest to all holding this position (FFGO) in their portfolio(s), I just got off the phone w/ Scottrade to again get update re: trading and/or lack of of Fortress. I ask my broker for an "idea" where my sell order was in line? Earlier this week he said 300 million shares ahead of me......
However, he revised that statement to inform me that is ONLY Scottrade sell orders...He called the back office, who made another call, and later informed me the current "sell" for all brokerage houses is determined to be consolidated at around 1.4 billion!!!!
He then went futher to remind me of the .00000 bid and .00001 ask, to suggest "best of luck!"
It would be helpful to know if others (TD-Ameritrade, e-trade, etc.) brokerage houses are able to confirm the amount of shares waiting to sell.
KyBourbon
Own 5000 shares. Began following this one at less than .75 cents a share.
Great potential here. I'm going to add to my position after I reposition some underperforming investments.
Love the upside on this trade. I keep adding to my portfolio. The volume here has doubled!!!! I'm already plus .0618 on my shares in less than 2 weeks!!!!