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grande, from a day traders perspective, if you are dumb enough to use L2 to try to read the move you are much better off using bid support as your tell and not the ask pressure, lol. sheesh, no wonder most people lose their azz in the market. let's just put one thing in perspective, what is the role of the mm's, especially on the pinks, can you say steal your money, headfakes are the name off the game for the mm's. people that jump the ask and chase are doing just the opposite of what they should be doing to make money in the market.
coolhotzone, thanks for the update, i cut my teeth on gtel and learned a valuable lesson on pump and dumps. it did not take long to figure out the scam but it did take awhile to learn how to play it. i no longer mess around in this arena, i day trade only the naz and nyse but i like to stay informed about the sleazy world regarding pink land and the otcbb, every company on those "exchanges" are scams, with only one objective, to fleece retail to put as much money in the insiders pockets as possible. once i found out huff was the son of a preacher it was easy to see how the rest was going to play out. i hope huff and puff ends up in jail, it would be well deserved. what ever happened with the engineer and what ever became of the former chairman of the board that was the ambassador to russia. just curious. thanks for all the feed back.
nil, what you guys have gone through i give you credit for tenacity. after scanning the board i see you, mide, nerd are still around with some of the same bashers. nil, please take profit when you have the chance and only ride free shares long. it's the only way to play these types of companies. is gte, oops, snsr the real deal, if it is, it's the one in 6000. did they throw huff and puff in jail, just curious, good luck to all the longs. hey, also, what happened to the famous strat engineer, his name escapes me. he use to post under a weird alias. thx
are the old timers still around, merlin, nerd, mide, are you guys still involved in this one, care to give an old timer a realistic update. thx
i just had to look up the news on snsr. omg, they are using the same pumps as before. new bod members with some slight name recognition. this sure brings back memories, who did gtem hire, what was his name, he was some english ambassador to russia. the snsr insiders sure have balz. my opinion and mine alone
did huff and puff end up in jail as well, thx
amazing, i opened an older email account that i check about once a week and what do i see, a pump pr from gtel, gtem, gte, snsr, i'm sure i missed a few symbols. anyway, thinking the share price was 2cents, i open a chart and to my amazement sp is 14cents. i really thought that this would not pump again. amazing how these scammers get away with these pump and dumps. anyway, longs, i am happy for you guys. don't get greedy and take profit and good luck. by the way, did huff and puff ever end up in jail. my opinion and mine alone
gabbyco, i rarely read or post on any boards these days. i was looking for an article on aig supposedly published today in the wsj and i run in to you. just wanted to let you know that there are no hard feelings on my end. good luck in all your endeavors.
long time no post, but I still follow the happenings periodically. I know huff and puff got off pretty easy, are there any other lawsuits filed against this scum bag. also, what ever happened to steven king, one of the former v.ps, did he get off unscathed as well, that guy was one lying sac of chit, i talked to him on the phone a few times and everything he said just like the rest of the execs was such bull chit, it amazes me that these scums basically got off with armed robbery. the amount of shares they all sold, they made millions per year for how many years, they hire good lawyer and get away with one of the worse scams ever, billions of shares churned year over year, not one will spend a second in jail, how does that happen, money talks, even if it's tainted in blood. good luck all, nil, whats been up with you, hey nerd you still around.
you are definitely right, jpm trying every tactic to stall. they are out of control and they now it, i hope the judge sees through the jpm bullchit. it seems the wmi lawyers are getting pzzd at all the jpm bullchit as well, gloves off, oh yea.
w3, stop the insanity, there is no correlation whatsoever, think about it, why do you think that the fdic needs to rush settlement, if anything, jpm if in bed with the fdic would not to slow things wayyyyyyyyy down so they can catch their breath, believe me, i am not a big fan of slumboy dimon or the fdic, what they did was wrong, they sacrificed wamu to save jpm just like paulsen sacrificed who knows what to save goldman, sorry to get off track, bottom line, no connection with recent events, other than the statement in the jpm filing today about negative good will, my opinion only
stop dreaming, the infamous 30bil that supposedly jpm needs has absolutely nothing to do with buying the wamu holding company, it is idiotic to think such things. do you actually think jpm is focused on anything to do with the holding company at this point in time, all financials are in survivor mode. now for the good news, if the fdic is sued by the holding company the truth may be learned, eventually. this is a long process and will take over a year from now to get to any real answers. if the holding company gets the 4bil now then we are on the right path, but don't count on that at this point in time, can you imagine what tjat will do to jpm's books if that money has to be turned over now, jpm through the fdic, don't forget they are in bed together, will fight like heck with the fdic to keep that money in "safe" hands for months. this is a long term speculative play, hold on tight, buyh the dips and sell the rips and build a core of free shares, in my opinion
no correlation between jpm and wamu for the early earnings release. jpm sees that all the financials are under pressure and want to prevent any more of a take down by the hedge funds, they need to get the bad news out before the sp gets knocked down in to the teens, my opinion
z, is it time to take profit or is the news going to send wamuq much higher, thx
funding yes, toxic no, no repricing clause in any of the funding agreements, oh yes, this is good, very very good
i see some of the old timers are still around, quick question, did any of the gte boys end up in jail, especially huff and puff or did they all get off with just a hand slap, just curious, thx
i play the bk game all the time, i play the delisting game all the time, the wamu situation is far from over, learn the game, and the game starts once an common share holder equity committee is formed, and that will happen in the not to distance future, watch out jpm, you may be tied to a lawsuit involving collusion to bring wamu down, the same situation applies for leh, it will takes many moons for this to play out but most nyse bk delists play out the same way, a major pop will happen once the equity committee gets their say in court, that 5bil is important as well as the 1.9bil that jpm paid for about 78bil in assets, watch and learn people, watch and learn, it helps when you buy at less then 5cents and unload at 14cents and can buy back in after the retrace, that's how to play the nyse bk's, all in my opinion and mine alone
it's been a long time since i last posted, i see some of the old timers still posting, just a couple of questions, did huff and puff ever get indicted and what ever happened to vern, thx in advance.
back for a quick peak in to the current events, a skimmed the posts, is the 30k fine to huff clear him completely or is he going to get indicted for some other misconduct, also, have criminal charges been filed against huff and puff, can anyone fill me in, thx
any one have the link to huff's knew business venture, thx
to my old friends, i hope all is well. what ever happened with huff and the boys regarding lawsuits. how about vern, is he still around, again good luck to you all.
one more thing, is the mexican partnership still intact and has it generated any earnings, thx
nil, just stopping in to say hello, also, is huff part of any current lawsuits regarding the dirty deeds he was involved in at gtem, just curious, take care.
nil, how is it going, if vern caught up in this mess with montassaro or what ever his name is, nice hearing from an old timer
just one more question, what ever happened to vern, he turned in to a basher if i remember, did he disappear as well, and why was he bashing so hard at times, again just currious, thx
mide, i lurk once in a great while, gte sure was a great flipping stock in its day, anyway, the corruption regarding gtem is just amazing, just one question, has the sec gone after huff and the bod yet, again just a question from a long time ago gte flipper, thanks for a response.
any one able to come up with a phone number, thx
just wondering if it is possible the tank was caused by pure manipulation to allow a whale to buy the bottom, if not why the solid rebound, interesting.
jbones, any good live chat that you visit, thx
rainmaker, i called the company and if i understand correctly their are many more infringers, most were waiting for the microsoft decision prior to seriously negotiating settlement, the time is now, a sleeping giant with less than 4 mil o.s and lesser float, what do you think, all in my opinion and mine alone
microsoft settles for 5mil, 4mil o.s., i called the company and if i understood correctly, timeline is in settlement discussions with 28 other infringers and they have all been waiting for microsoft to either go to court or settle, now that microsoft has settled the others may fall like flies. all in my opinion and mine alone, 4 mil o.s., you talk about low float, wow
could some one give me the url of the joe.m website, if ihub will not allow you to post it, please email me at tcr7309@aol.com, thx
did i read the financials correctly, about 10bil o.s.
dan and the other insiders only walked away with 18mil in my estimate, and they know it's not worth anyone's time and effort to sue their azzes, lol, how much does it cost to buy a clean shell, lol
the smmw insiders only stole about 12million and have run for the hills, how these guys never get caught amazes me, lol, all in my opinion, just once i would like to see someone with unlimited funds go after these crooks, pathetic, the subs know that it makes no economic sense to take them to court.
my calcs indicate danny boy pocketed over 10mil in dilution cash, in my opinion
i have received an pm regarding my post, i can't reply in private so i thought i would expand my post for all to read, for disclosure purposes i'm a trader and i bought in at .0003 and sold 75% of my shares at about .0012-.0013. so i am holding the bag with free shares waiting to add for the next run, anyway, i subscribe to many trading sites and have started to see the inxr ad very often recently, here is where it really gets interesting, one of the services i recently saw the ad on is advfn which is a subscription stock quoting service out of the u.k. i find that interesting from the standpoint that if this company was not serious in moving forward why would they spend the money on a european site with a relatively small u.s. usership.
i have been seeing the ad all over internet trading sites
i have flipped smmw for years, of course not recently, lol, here is the play, the smmw insiders diluted the you know what out of smmw to the tune of 80 or so billion shares, do the math,take any average sp above and including .0001 do you realize how much money danny boy and his few stooges have pocketed. so to show some degree of legitimacy they had to take some of that cash and pretend that they are business men and are using it to grow the company, what will happen next is as follows, scenario one, rs to the tune of at least a 1,000 to 1 to get a bid back at some reasonable sub penny value or do a mandatory share buyback depending whether it is legal in the state they are incorporated in, look up paim, that's the play they used, this will give the diluters another opportunity to dump and start the game over, or just maybe, the lotta shot will happen and they will become legit and make all shareholders rich, ya right, all in my opinion and mine alone.
which news service seems to be the quickest, thx