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Watching
Watching
Wanring...it's a long 7 part read that gets a bit far fetched, but worth the read! Kinda makes me wonder about CYPEs coming Cusip and name change with the potential RS.
https://www.huffingtonpost.com/entry/the-money-is-gone-a-look-at-the-pump-and-dump-in-penny-stocks_us_57ec039be4b0c2407cdb2f47
Also, is the unrestricted 26+ million listed here where the dumped shares were coming from since the "control block" is reportedly restricted until the merger is complete? Or is it NSS? Strange that someone has direct contact with JA and seems to be in all his current plays!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141105292Q
http://www.businessdayonline.com/?s=MILOST
Heres all of them on one page link just for you. The insinuation that people calling this play what it currently looks like in order to pick up cheap shares is such a old an worn out ploy in PK land!
To all those reading this msg board....
1. This is Penny Land, where 98% of the stocks are scams or dilution machines.
2. Pump & Dumps have been around for a very long time and are VERY profitable for those behind the scenes and those involved in the whole scheme.
3. Penny stocks are NOT meant to hold, they are meant to be traded.
4. Almost everyone here knows that Penny stocks are scams, but yet they are still here....thus they know themselves that it's a trade only.
5. Look at almost all the HOT penny stocks from 6 months ago....there all DOWN huge or the msg board is filled with hopes and dreams by the bagholders and the wolves wanting to flip into them on the slightest increase of the PPS.
6. Recent example...Axx() that ran to .35 and dropped back to .02 currently. Read the board from the start of activity until now....you will see all sorts of claims that it was the next massive dollar runner, shorts are in play, NSS are going on, etc. etc.
7. Remember to buy when it's quite and sell when it's loud!
8. I don't have a paid Ihub account, nor do I have a huge following, BUT that doesn't mean I haven't made a fortune knowing how to play these games down here in Penny Land!
9. No I'm not a short.... Do you even realize the amount of money you have to put up to short a stock? It's the 250 Rule.
10. If you are confident in the play you're in, then disregard the naysayers (me) When you try to defend the stock from the naysayers, it makes you look as though you're trying to defend you're position out of insecurity!
It's Saturday, and I have an event to attend.
Wow... I'm not the one that brought up shorts OR NSS. Nor am I even close to being the only one that is extremely suspect of all the info that has come to light courtesy of Nodummy!
Proof?
Please do so.
Oh my... I knew the NSS angle would come up eventually. lMFAO
Well said, and I agree completely!
This is Penny Land where 98% of the stocks are scams or dilution machines of the Companies that fell down here trying to survive. Generally the only way out is to keep increasing the AS, sell huge blocks of shares to institutional investors, and then at some point do a RS. Round and round it goes. Sometimes ya win and sometimes ya lose.
I do have a theory that I've yet to prove over the past 10 years....and that is-- wait for it....
The majority of these pure penny scams are created and run by the same "flock" of birds, and they know full well that penny message boards are where the dialogue starts and ends within a pump n dump scheme. Thus, I honestly believe (sure, call me crazy) that those scam players are in some way connected to the "big players" here on Ihub. Get my point? How can the same group of say 50 or less players keep scoring so many hits and continue to have such huge followers!? Hmmmm
Couldn't have said it better myself!
http://otce.finra.org/ESI
FINRA Rule 4560 requires FINRA member firms to report their short positions in all over-the-counter (“OTC”) equity securities to FINRA.
Short Interest Data
Current Short
05/15/2018 Century Petroleum Corp. Common CYPE Other OTC 13,411
That's NOTHING!
Can I lpuke now or later?!
Will be following! Have a great day ??
The discussion of the 200 million control block means nothing, it's the RS coming that will wipe out everyone here. But, meanwhile someone that holds a large portion of shares is and has been dumping because they will be worthless once the RS goes into effect.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141129559
Sadly, I wish you were right. CYPE will be at .07 or less by mid next week. If I'm wrong I will absolutely post that I was wrong.
I've been negative this play after the news of a RM with a Nigerian company, but then started to think maybe, just maybe this could be legit to a small degree...
BUT, once the discovery of an IBETO AS issue of 20 BILLION came to light it became apparently clear that this is going to be a blood bath down to probably .05 or even sub .01!!
What's going to happen is whoever it is that holds a large amount of shares (Joe Arcaro) is going to, and has been, DUMPING!!! Once the buying interest dies off, he is going to dump BIG! IE, NOW, because penny retail found out the AS that he wasn't planning on!!
Soon, your going to get a name change, ticker symbol change, and a massive RS that will wipe out everyone here. After the RS to probably $2-$4 dollars is when the big promo campaign will start, and is also when a portion of those 20 Billion shares will start to unwind into retail!! But, whoever owns share here won't benefit from the RS in the least! That's their whole game....why would they want you holding competitive shares to sell when they are the ones wanting to sell!?
No one issues 20 BILLION SHARES FOR NO REASON!!! No wonder Cletus went the route of a Pinky RM rather than a traditional IPO...He's a Billionaire that could EASILY afford to do an IPO after all his BS about being a great buisness man that wants to leave a legacy by providing an opportunity for international investors to get involved!! LMFAO
Man, I really feel bad for all those in this from .60 down to where it is now and finally realizing this is going to plummet.
20 Billion AS wasn't issued for Shizz and giggles! Restricted or not, that's a SICK choice! 20 BIll sold at an average of even .01 is $200 Millys. 20 Bill sold at an average of .05 is $1 Billion, and 20 Bill sold at an average of even .10 is $2 BILLION!!!!
Sad play here today!! Really thought this could have a good run with the news, but the insider dumping was just too obvious.
Retail is what pushed it up to $2.50, and then the dilution machine took over late yesterday and all day today! . I watched the trading very closely from opening bell to close....total walk down and slight uptick at each level so that they had very little selling competition. Will it run up again, probably, but nothing even close to what happened Monday. AETI will finance their entire year or more with this selling campaign! Sad for those that bought anywhere near the highs on Monday or even the opening today!
Agreed
This play is done for now! Just too many negative and valid connections with Joe Arcaro, MILOST, Nigeria, shell hijacking, Adam Tracy, and on and on that Nodummy exposed for all to see! See you guys at a NICKEL!
Cletus is a reported billionaire, but the Ibeto company being valued at a billion? Can you provide facts to your statement?
On a serious note... I was in CYPE around .08-.10 and things were looking upbeat and the stock was slowly increasing in value in anticipation of the merger news. Then, once the news of Ibeto was released the stock jumped on pure speculation on the word Billionaire and pictures of the Ibeto cement plant/trucks. Now, the stock has dropped like a rock because there's really no catalyst left and it seems that someone with a large chunk of shares is dumping. So, my question to any and all of you is, what is the catalyst that will attract people to not only buy this, but hold it in anticipation of a PPS that's more valuable than were it is currently trading?
Really, DUMBO?!!
If retail confidence is so strong, then why aren't people hitting the ask?! Hmmm
YIKES!! Somebody made a fortune selling from the teens to .60 and back down again!
Unfortunately the catalyst that moved the PPS from .75 yesterday to $2.50 today may be played out...hence the drop to $1.68 EOD. There's definitely more play in this, but kinda dangerous to play in the street in rush hour as opposed to when it has reconsolidated. JMO
Not being negative in the least as I had accumulated 15K shares around .80 and sold today for a very nice chunk of change!!
And yet the Koolaid continues.. It's truly amazing to see people throw their money away https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141127457
Gotta love it when IBETO chooses to hire a PR firm rather than release their up to date financials!
This play is burned out at this point...meaning traders/investors are tired of the games that LMFA and Esousa are playing. JMO
It could have a huge run, but that's after Esousa gets their next round of shares at the "floor price" of .20 - .25... But then again, we've seen time and again over the past 6 months what Esousa does once they get their shares
For those that truly appreciate amazing DD https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141283622 I asked about IVS on May 20th, and Nodummy just provided this to me.. Look at all the valid connections of theses Penny Scammers!
Will CYPE / MILOST deal be next?? https://nairametrics.com/unity-bank-milost-global-deal-still-under-investigation-by-sec/
Watching
Will buy back in after it cools off and my powder dries.
Man, that was a very profitable run!