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I think the fact that ACLH has worked with BP in the past makes it pretty darn likely that they will be involved in this mess as well. BP will be looking for help as quickly as possible, and it only stands to reason that they're not going to waste time searching for "new" companies to get them out of this mess when they already have a working relationship with ACLH. ACLH is already in their rolodex.
Thanks.
Forgive my ignorance, but who/what is PSC?
Agreed. The govt doesn't fool around when it comes to fixing man-made disasters that threaten the environment. There will be ridiculous amounts of money thrown at this, and they will involve anyone and everyone that could possibly help. Enter BUGS.
Something is brewing here for sure...
I'd feel better if I could average down, but I've got no funds left so now I just have to watch and wait meaning I 'll be in the red until we're back up around .59 which could be months from now and that blows. On a positive note, this Diet Dr.Pepper I'm drinking is delicious!
I never posted my buys of 5000 at .66 & 7000 at .68 which puts me down around $3000. Look, I'm not complaining, I haven't sold any shares and I can get out whenever I want. I was just trying to counteract the uneasy feeling of being down $3000 in a faith-based play like this with a little humor. Don't take it personally.
Anyone else about to puke on their keyboard, or am I the only one who's lost enough money here to induce vomiting?
Quick question:
Why don't those of you who are up like 100,000% on CDIV just keep buying ridiculous blocks of shares which would make the squeeze occur much sooner? Even if you had to take out a personal loan, you're so far up with nothing to lose, why not? Many of us are in the red with CDIV right now, so we're a little uncomfortable buying our way further into the hole as the MM's manipulate the pps downward.
Bull shake today? The recent bear shake has convinced many CDIV investors to run for the hills and accept a loss. Other CDIV investors are shaking in their boots right now and are very close to selling, but they don't want to sell for a loss. They're just not sure what to think anymore. They're on the fence. A bull shake would allow those investors to jump off the train feeling great about even a small profit, while the MM's shake out some of the more resistant share holders. Thoughts?
Not trying to be a wiseguy, but what happened to the pps not meaning anything as many have said? We need everyone on the team to be on the same page.
It actually has the opposite of it's intended effect. A thinly veiled attempt to scare our team with obvious lies and over exaggerations makes me even more confident that what we are doing is working and making some people very nervous. It reeks of desperation.
"the MM's are in the hole for 30M+ shares"
What/where exactly is the source of this information?
For what it's worth, a friend of mine (who has no idea about NeoMedia or that I owned stock in it) was telling me about how her friends phone could scan bar codes and how cool it was. She had no idea which reader her friend was using and probably didn't care, but at least its another example of the whole scanning thing catching on. I know it's not much, but these days anything positive is good around here.
I've had this same thought. It might be a good idea to keep future FL plays hidden from MM's so they don't react accordingly. That being said, I take it all back unless I'm invited to the separate forum! I'm a stay-at-home dad now so this is my new job and I intend to succeed at it.
If the last two days are any indication, this thing should head north any minute now...
Not sure why anyone would sell right now. Unless of course you enjoy the feeling of regret. If anything, it's a great time to grab more like I just did.
You guys know more than I do, but it seems awfully risky. We already know the MM's manipulate. If we try something like this who knows what kind of tricks they'll retaliate with. Let's not forget that the MM's have no problem playing dirty. If we "help" them walk the pps down in any way they could see that as a great opportunity to pull out all the stops and really bring it down to levels that may scare off even the most resilient members of our team which could lead to disaster. At this point in the game I'm not sure the reward outweighs the risk. Just my 2 cents.
Mark me down for 24,000 shares.
I don't understand the MM's strategy at this point. Those of us "in the know" are not going to sell until the MM's cover. In the meantime, new investors are catching on to what's happening here and joining the fight, thus, putting the MM's even further behind the 8 ball. Sure, some flippers will pop in and out on a daily basis, but the "buy & hold team" continues to get more and more powerful every day. Sideways trading clearly isn't scaring us away, it simply allows us to buy & hold even more as our funds are replenished, while giving new investors a chance to join in before the inevitable squeeze. What am I missing?
Interesting in what way?
Which will do nothing more than give us a discount on even more shares that they will eventually have to buy back from us at a higher price.
Right, why not? Heck, why stop at fake money?
"Hey, NITE, I'll give you 16 million Arabian Ghetto Moths for 5000 non-existent shares of CDIV. I'll even throw in the dream I had last night about slaying the Loch-Ness Monster with nothing but my elastic hands and darts made from the stolen mane of a yeti."
Is there any way to bid fake money for the fake shares being offered?
All aboard the EIGH Train! Next stop, .12!!! Those of you with boarding passes, welcome back! Those of you wishing to purchase a ticket, step right up! There are plenty of seats for everyone on the EIGH Train! All we ask is for a small donation for fuel!
Thanks, happy to be here!
Got it, thanks!
Question for the Den:
I'm relatively new to the float lock down strategy, so this may be a simple question with a simple answer. Is there a point in time when the MM's are legally forced to cover? In other words, are there any regulations in place that would prevent them from simply waiting us for years out until we tire of having our funds locked up, lose interest and sell?
This question is not about any of the FLD's in play right now, just a general question about the strategy itself. Thanks all, and good luck!
On board the EIGH Train w/ 5500 @ .09. In for the long haul, will be adding more when I can!
Good morning all. I have a few questions for "The Team", but I want to begin by thanking you all for turning me on to what appears to be an interesting and effective strategy to say the least. I just jumped on board Monday, but I'm already excited about the results and am very interested in taking part in future endeavors beginning immediately. Now for the questions.
Is there actually a "team"? By that I mean, do we have an actual head count and share tally? If possible and helpful I'd like the shares I'm purchasing(however insignificant they may be) to be used in calculating and determining our progress toward the ultimate goal rather than be an uncounted variable.
With regards to the strategy itself. Why don't the MM's recognize the float lock down occurring and react accordingly before it's too late?
What is the exit strategy? How do we forecast and recognize our exit point in a way that benefits the entire "team" without leaving anyone behind? Obviously as the pps climbs many will be tempted to sell, and some will take profits while others hold toward the ultimate goal. As more and more members of the team succumb to the temptation and sell, how do those of us in it for the long haul prevent the castle from crumbling around us?
Lastly (for now), could anyone explain the best way to invest funds when using the float lock down strategy? For example, EIGH is currently at .081. If I have $5000 to throw at it, what would be the most beneficial way of doing so? Should I just buy $5000 as soon as possible, or buy $3000 now, then save $1000 to keep the pressure on a bit higher, then $500 at some other predetermined point, etc? Does this strategy include a prediction of pps pullbacks?
Thanks again everyone, looking forward to doing my part!
Scanloni
Mark me down for a throat punch.
1000 more @ .49, pushing like a constipated newborn!
Hey guys. I jumped on board a couple days ago. Bought 6500 @ .45, then another 3500 @ .45, and just now another 1000 @ .47, and I've got "BOOM!" by P.O.D. cued up and ready!
475,000 BEDA all up in my portfizzolio.
A vote "against" is the only vote that matters.
If YA's majority vote ensures that the proposed measures are going to pass regardless of how we shareholders vote, then there is really no reason to vote "for" any of the proposed measures, is there? It is a wasted vote because essentially it has already been determined that the measures will pass, therefore your "for" vote has zero impact on the result.
However, an "against" vote on the other hand, could make a difference someday should things get ugly. A virtually unanimous vote "against" these measures by shareholders could be ammunition down the road should things not turn out in our favor (litigation).
The bottom line is that regardless of how we truly feel on the proposed measures, voting "against" is the only vote that could actually count for something. So, even if you're honestly in favor of the proposed measures, rather than throw your vote away by voting "for" a predetermined result, why not use your vote in a way that might actually benefit you someday and vote "against"? Even if you like the corner we've been backed into, it might be wise to reserve a possible path for escape should it become necessary.
You got me there Matlock, I don't have proof. Could you direct me to the board where opinion and speculation are allowed?
It would be irresponsible for him to say something like that way in advance. Things change and situations change. He probably knew it would happen someday, but couldn't possibly know exactly when. It's also possible that something could've happened to make a r/s unnecessary, so why throw something like that out there until it's necessary?
Exactly. A r/s has been part of the "big plan" since long ago, but it was not being considered at the time of the last CC. I plan on going to Ireland someday. It's not being considered right now, but the plan is that it will happen eventually. Therefore, if you asked me today if a trip to Ireland in the near future is under consideration I could honestly say no.
Am I the only one who has a gut feeling that NeoMedia is quietly positioning itself for the explosion that we've all been waiting for? It seems logical that a reverse split has been part of the big plan since long ago. NEOM has known all along that a r/s would eventually be necessary to overcome the pitfalls of penny land, but they had to wait for precisely the right time to execute it for it to work. They had to patiently wait until the mobile barcode industry was finally ready for takeoff and all players were prepared to make it work. Anything sooner would be disastrous. Industry movement and buzz indicates that the time has indeed arrived, and my gut feeling is that the r/s will, in fact, be accompanied by major announcements, deals, etc that will produce the desired effect, the pps will skyrocket and NeoMedia, Neustar, YA and shareholders will all prosper.
NeoMedia wins & we lose? Examples?
Some here believe that NEOM's share structure, a possible reverse split, changes in par value, YA conversion/dilution, etc make it nearly impossible for us shareholders to reap any financial gains regardless of NeoMedia's success. Admittedly, some of this is over my head, so that may, in fact, be true. That being said, I've never heard of a company being successful and it's shareholders suffering. I'm not saying it hasn't happened, I just never considered it as a possibility.
Can anyone give us some examples of this happening in the past? What other companies have achieved significant success while it's shareholders didn't?