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TRAPPER JIM, Another 60k in the bank. Go LBSR
T3fl0n, I agree with that and the time frame is about 12 months.
dancy, Very good thoughts and about to happen. Shorts must cover and there are a lot of them. The float is under 5 mil.
If everyone would set their sale price at $2.50 and wait for the merger to close. Bingo the price would hit $2.50. Just sit back and relax and it will happen.
lluvbbs, Wait for the merger and collect $2.00 per share. In my opinion it will trade higher because of short covering. Buy a few more early next week and put some pressure on the shorts. Do not rush in and have panic selling. Be calm and have a very good payday. The float is not even 5 million. Lost money on this stock 3 years ago and now is payback.
stervc, Thanks very much for your timely reply. Will take what I need off the table and see what the rest brings. The really big play now is LBSR because was able to get a lot of shares at .002 and it has been fantastic. A real life changer All the best.
stervc, What are your thoughts on DMGM? Was very lucky and got about 100k at an avg. of under .005. Lost money about 3 years ago. Thanks.
Pitman33, Had an old account with 10k shares. Saw the move at open and got another 100k at under .005. Yes i am a happy camper today. Let me tell you that i had $5k loss about 3 years ago on this stock. Looks like payback time. GLTY
It is my understanding that the share holders meeting got approved. Did anyone get the timeline for this to happen? Thanks.
James444ct, I had got completely out of this one and went all in on LBSR. Sure glad i did. Have 20k trading profit and 2 mil. of free shares. It is now at .101 and will go higher. Got most of my shares at .002 before the run. Will take some profit and will get a position here when I find out why it is running.
dmceng, For the FDIC to be completely safe they wait for the examiners report and take that price to settle with JPM. Then JPM can take over the preferreds at face value and pay commons cash. That sounds like a plan to me.
NateNate, You do not pay taxes untill you sell.
dragonball, You probably already know this but every .01 means 108k in profits for you. I only get 23k for every .01. Talk about leverage.
moondoggy, Up to about 2.3 mil. Will buy untill .05. This is the one I have waited for. GLTY. Most were at .002.
nosferatu, Just starting my dd on this stock also. Like what i see so far. Does anyone have the breakdown on management ownership of shares and are there any restrictions? Just trying to get at a float figure. Will try to pick up a core position next week.
moondoggy, Avgeraged up today. Picked up 200k at the ask of .024 and .028. Like you just watching the value go up.
SGR, Thanks for your reply. Could be any time soon.
Not a shareholder yet. Been thinking about getting 2 mil. Worried about dilution.
NYBob, Do you know the reason for the price drop for CQRLF? Thought i would check before putting in a buy order. Have 25k and thinking about upping that to about 100k. As you have said many times it sure looks good at this price. Are you stil upbeat? Thanks.
SGR, Do you know at what price per lb. before LBSR would consider building a mine or joint venture one? Long with 2 mil. shares and will pick up some more this week. This is the best potential of all that i have at this time. The day that LBSR jumped up .014 saw 28k profit in my account. That is a good feeling and one that is possible multable times here. Go LBSR.
moondoggy, On website failstodeliver.com from 5/19/2010 and 6/07/2010 there was over 176 mil. shares that was NSS. Not just sold short they ftd which is a NSS. We are going to be real good and soon.
Was not easy. Picked up a core position of 100k. Looking for good things to happen.
onemessageonly, A 20 year wait is a little long for something that is meant to happen. At 72 it is too long for me as it will be for most people. Just my thoughts. Sounds like our oil policy for the past 30/40 years.
PK, Also like the $1.50 range. Looks like a good one to go long on and hold for a while. Believe they will get production in 2011.
Montanore, Potential looks good. Looking for a good entry point to get a core position. Do not want to be one of the bag holders. Will try at about $1.50. Maybe use some LBSR profits.
onemessageonly, Do you say illiquid because of the float lock here. The system works perfect if the mm's were required without fail to cover on day 3. The price goes up until someone sells and goes down until someone buys. They make their profit on the volume. Remember the mm does not have to cover NSS if the co. goes BK and stops trading and pays no tax.
SGR, Do not worry about the mm's they are very capable to look after themselves. They have the NSS card to play and do it so very skillfully. Like your price targets. Go LBSR.
Thanks Jersey. Guess I will accumulate a few more.
JERSEYHAWG, What do you think about our chances of getting a good payday here? I thought for a long time that we would do good here. Not much happening.
OilCan, I could go all in with about 5000 more of the P's. I will probably settle for 1 to 2k more and maybe some k's also. Will not buy all at once though.
Have a good feeling that we see some green today. will add in my opinion.
bob, They will not sell them to you for that price. They will keep the spread miles apart and limit the shares they sell. Been there many times. Still got my 2 mil.
Longs relax if you can. This is an mm hard shake to cover them short shares they they been selling. They can take this to .008 if they want too.
OilCan61, Got 100 at $34.00.
dkspartan1, If the short shares do not cover in 3 days they become ftd's and are naked shorts. You can actually check out how many shares become naked short by the website failstodeliver.com. If you check the site out you will see that in a 5 week period in 2010 there were about 400 million shares that were ftd. in our LBSR. This is bad in that it dilutes the shares the same as if the company was raising the os. It is also against the Law for mm,s not to cover their shorts.
dragonball, The mm's are selling shares they do not have. Happends all the time. The trend is up.
T3fl0n, The party is just starting. The trend is up.
bobafett, If they had looked for real shares to sell our share price would have been much higher. The mm's sell naked shorts to controll the share price. The trend is still on the way up. Just more games that mm's play.
Guess I was #9 board mark. Will try to get core position here this week. Wish that I would have done that at $1.60.
Thanks balihi.