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I expect to see some Marco Andretti digs in the next week or two...
Not on Today.. Hmmm I wonder if these reports were an Aprils fools joke...I admit , sometimes I can be gullible..
OH...and one more thing. The choices that MSEP has made as drivers will lend credibility to their foresight. This can be viewed in a number of positive ways...including business foresight..
Very True...And the exposure that it will create in a growing industry serves a double pronged bonus as I see it. Racing fans are the most dedicated to their sponsors of any sport. Publicity given a broader market will serve to gain the shine the light on who their sponsors are. Not a bad scenario if I do say so myself...
That is very AWESOME!!! Looks like the stock in these drivers will be rising. That certainly bodes well for thier sponsors ....WEEEEEEEE
Marco Andretti Races to First Infiniti Victory
By MIKE HARRIS, AP Motorsports Writer
Sunday, April 3, 2005
(04-03) 10:44 PDT Saint Petersburg, Fla. (AP) --
Marco Andretti won his Menards Infiniti Pro Series debut Sunday, grabbing the lead with a three-wide pass and pulling away to an easy victory in the St. Petersburg 100.
The 18-year-old, third-generation driver, racing after the death of a close friend in a car accident Saturday, started from the pole. He lost the lead to rookie Wade Cunningham on the 13th of 40 laps on the 1.8-mile, 14-turn downtown street circuit, but kept the pressure on the New Zealander and finally got back in front on lap 31.
"After I made the mistake, I knew I wasn't done," Andretti said. "I thought, `No more mistakes.' We got lucky with lapped traffic."
He got his chance when Cunningham was slowed by the lapped car of Marty Roth. Andretti squeezed beneath the other two cars and shot ahead. He was not challenged again, finishing 1.42 seconds — about half the final straightaway — ahead of runner-up Cunningham.
"I was having some brake problems and I just caught that lapped car in the wrong spot," Cunningham said. "He slowed my momentum and Marco took advantage of it."
Andretti won the pole Saturday, only to have it taken away for a technical violation. He was then restored to the top qualifying spot through an appeal.
He was able to put aside the turmoil Sunday as well as his grief. And he did it in front of his father, Michael Andretti, and grandfather, Mario Andretti, both former racing champions.
Marco, whose regular ride this season is in the Star Mazda Series, hopes to drive at least a couple more Infiniti Pro events. He said loves the Infiniti Pro cars, adding, "They suit my driving style."
His entry at this event was fielded by his father's Andretti Green Racing team.
"What a job," Michael said. "With everything he's been through this weekend, he drove like a champion already. There's a lot more to come."
Nick Bussell, another first-year driver, was third, followed by two more drivers with great racing bloodlines, Al Unser, son of two-time Indianapolis 500 winner Al Unser Jr. and grandson of four-time Indy winner Al Unser, and Arie Luyendyk Jr., son of a two-time Indy winner. Both the younger Unser and Luyendyk are 22.
That is hilarious...
Series of PR will be coming??? OK..When??? and what will they say??? Are you interpreting this as good news??? If so why???
The general content of your message means nothing really. I mean no offense by the way. Of course there will be a PR at some point. What is contained within we have no idea...Right?? Just wondering what you are trying to imply. Take Care...
ROFLMAO!!!!!
ding ding ding ding
Here is a good article explaining the airing of Stockgate. There is also a petition at the bottom where investors can vote to investigate the SEC on these matters. Very intriguing read!!
-
FINALLY!
Dateline to Air Stockgate Segment April 10th
by Mark Faulk
http://www.faulkingtruth.com/Articles/In...
After over a year of promises, postponements, and delays, Dateline finally confirmed today that they will air their report on the stock market scandal on Sunday, April 10th, at 7 pm ET. The segment, dealing with the scandal dubbed "Stockgate", has long been anticipated by advocates pushing for reform in the stock market, and was first confirmed by The Faulking Truth last June. This is an excerpt from that article:
"It's been called the biggest financial scandal in the history of the world, with incurred losses estimated by some experts at well over $1 trillion dollars. It's a scandal that involves over 1,200 offshore hedge funds, over 150 US brokers, and has already bankrupted over 7,000 US companies in the past six years. According to many of the lawsuits filed to date, the crooks include terrorist groups and organized crime syndicates. Sources say that this scandal, which involves an intricate system of selling electronic counterfeit shares of stock in an effort to destroy the market value of small publically traded companies by utilizing a method known as "naked short selling", will eventually implicate almost every major broker in America, all of the governing bodies that oversee trading, and will extend into Canada and Europe."
Sources at the time told us that the Dateline story contained information that would "blow the roof off of this scandal", and that Dateline had already filmed over 100 hours of explosive footage, with interviews from class action attorneys John O'Quinn (of the Houston law firm of O’Quinn, Laminack and Pirtle), and Wes Christian (of Christian, Smith, Wukoson and Jewell), who along with the law firm of Heard, Robins, Cloud, Lubel & Greenwood, who are representing clients in dozens of lawsuits filed against the SEC, the DTCC, and several of the country's largest brokerage firms.
"What's Up With The SEC?"
Since that time, we have learned that officials from both the SEC and DTCC have been interviewed by Dateline, and numerous other recent developments have (at long last) triggered a frenzy of media coverage over the past few weeks. In addition to that, ads have been taken out in several major newspapers, and the roles of hedge funds, who specialize in shorting stocks, have been brought into question in other fraudulent schemes as well. In fact, in an ad in today's op-ed section of the New York Times (March 28, 2005), in an editorial entitled "What's Up With The SEC?" the conservative Washington Legal Foundation ( http://www.wlf.org/ ), blasts the SEC for "sitting on several complaints of misconduct filed by the Washington Legal Foundation, and supported by the U.S. Chamber of Commerce, detailing examples of questionable stock manipulation by short sellers and class action attorneys". According to WLF Chairman Daniel J. Popeo, in one case, information about a class action lawsuit was leaked to short sellers who, in turn, made a huge profit by shorting the stock before the information was made public. Popeo also claims that "in other cases, short sellers and trial lawyers dish dirt about a targeted company to financial reporters, analysts, and regulators, and the damaging news sends the stock price plummeting, thereby forcing the company to settle. Short sellers then reap the profit when the stock drops."
"If I Only Had a Hedge Fund"
In a related development today, the New York Times online edition ran an article about the incredible proliferation of hedge funds today entitled "If I Only Had a Hedge Fund", in which they said that the number of hedge funds created since 1999 has increased by 209%, with 1,406 new hedge funds introduced in 2004 alone. A recent study released by Credit Suisse Boston said that hedge funds now account for half of all stock market activity, and that they now manage a staggering $1 trillion in funds. Why are managers tripping over each other to start new hedge funds? Because instead of the small fixed percentage that they get by managing traditional funds (sometimes as low as 1%), they instead 1% plus 20% of any profit the hedge fund generates, which has made many of the hedge fund managers instant multi-millionaires. In fact, according to a survey in Institutional Investor magazine, the 25 highest paid hedge fund managers earned an average of $250 million in 2003. To read the New York Times article, go to: http://www.nytimes.com/2005/03/27/busine...
With those kinds of profits to be made, it is any wonder that the SEC, the DTCC, brokers, and hedge fund managers have begun to circle the wagons? Every time a share trades hands, every one of them gets a piece of the action. Even legitimate hedge funds, those who don't engage in naked short selling, profit when their corrupt counterparts drive down the price of stocks through illegal naked short selling. And the SEC, NASD, and DTCC take their cut for every share that is bought and sold, whether that share is real or counterfeit.
If the SEC needs a smoking gun, they need only to take a close look at Global Links Corp (OTCBB: GLKCE), where one investor recently bought 100% of the issued stock AND another investor bought 15% of the same stock, only to watch hundreds of millions of phantom shares continue to be bought and sold. While the SEC has ignored this curious case, Congress hasn't. Senator Robert Bennett cited the Global Links story (as first reported by Financial Wire) on March 9th when he grilled SEC Chairman William Donaldson about the naked short selling scandal, "this article just last Friday in a national publication indicates that people are still selling short shares that they don't have and clearly are never gonna acquire." This stock is merely a microcosm of the larger problem that pervades the stock market system, and serves to illustrate how pervasive the fraud really is.
It is vitally important that the Dateline story gets the attention it deserves. We can only hope that their report tells the real story of this scandal, and that Congress and the major media will join us in our mission to, at long last, restore trust and credibility to our stock markets, so that honest investors can once again invest their hard-earned money and have a chance to achieve the American Dream.
To contact members of the US Senate Committee on Banking, Housing, and Urban Affairs, go here and click on the members' names:
http://banking.senate.gov/index.cfm?Fuse...
To contact members of the Senate Finance Committee, go here and click on the members' names:
http://finance.senate.gov/sitepages/comm...
Sign the petition at www.investigatethesec.com
Here is a good article explaining the airing of Stockgate. There is also a petition at the bottom where investors can vote to investigate the SEC on these matters. Very intriguing read!!
-
FINALLY!
Dateline to Air Stockgate Segment April 10th
by Mark Faulk
http://www.faulkingtruth.com/Articles/In...
After over a year of promises, postponements, and delays, Dateline finally confirmed today that they will air their report on the stock market scandal on Sunday, April 10th, at 7 pm ET. The segment, dealing with the scandal dubbed "Stockgate", has long been anticipated by advocates pushing for reform in the stock market, and was first confirmed by The Faulking Truth last June. This is an excerpt from that article:
"It's been called the biggest financial scandal in the history of the world, with incurred losses estimated by some experts at well over $1 trillion dollars. It's a scandal that involves over 1,200 offshore hedge funds, over 150 US brokers, and has already bankrupted over 7,000 US companies in the past six years. According to many of the lawsuits filed to date, the crooks include terrorist groups and organized crime syndicates. Sources say that this scandal, which involves an intricate system of selling electronic counterfeit shares of stock in an effort to destroy the market value of small publically traded companies by utilizing a method known as "naked short selling", will eventually implicate almost every major broker in America, all of the governing bodies that oversee trading, and will extend into Canada and Europe."
Sources at the time told us that the Dateline story contained information that would "blow the roof off of this scandal", and that Dateline had already filmed over 100 hours of explosive footage, with interviews from class action attorneys John O'Quinn (of the Houston law firm of O’Quinn, Laminack and Pirtle), and Wes Christian (of Christian, Smith, Wukoson and Jewell), who along with the law firm of Heard, Robins, Cloud, Lubel & Greenwood, who are representing clients in dozens of lawsuits filed against the SEC, the DTCC, and several of the country's largest brokerage firms.
"What's Up With The SEC?"
Since that time, we have learned that officials from both the SEC and DTCC have been interviewed by Dateline, and numerous other recent developments have (at long last) triggered a frenzy of media coverage over the past few weeks. In addition to that, ads have been taken out in several major newspapers, and the roles of hedge funds, who specialize in shorting stocks, have been brought into question in other fraudulent schemes as well. In fact, in an ad in today's op-ed section of the New York Times (March 28, 2005), in an editorial entitled "What's Up With The SEC?" the conservative Washington Legal Foundation ( http://www.wlf.org/ ), blasts the SEC for "sitting on several complaints of misconduct filed by the Washington Legal Foundation, and supported by the U.S. Chamber of Commerce, detailing examples of questionable stock manipulation by short sellers and class action attorneys". According to WLF Chairman Daniel J. Popeo, in one case, information about a class action lawsuit was leaked to short sellers who, in turn, made a huge profit by shorting the stock before the information was made public. Popeo also claims that "in other cases, short sellers and trial lawyers dish dirt about a targeted company to financial reporters, analysts, and regulators, and the damaging news sends the stock price plummeting, thereby forcing the company to settle. Short sellers then reap the profit when the stock drops."
"If I Only Had a Hedge Fund"
In a related development today, the New York Times online edition ran an article about the incredible proliferation of hedge funds today entitled "If I Only Had a Hedge Fund", in which they said that the number of hedge funds created since 1999 has increased by 209%, with 1,406 new hedge funds introduced in 2004 alone. A recent study released by Credit Suisse Boston said that hedge funds now account for half of all stock market activity, and that they now manage a staggering $1 trillion in funds. Why are managers tripping over each other to start new hedge funds? Because instead of the small fixed percentage that they get by managing traditional funds (sometimes as low as 1%), they instead 1% plus 20% of any profit the hedge fund generates, which has made many of the hedge fund managers instant multi-millionaires. In fact, according to a survey in Institutional Investor magazine, the 25 highest paid hedge fund managers earned an average of $250 million in 2003. To read the New York Times article, go to: http://www.nytimes.com/2005/03/27/busine...
With those kinds of profits to be made, it is any wonder that the SEC, the DTCC, brokers, and hedge fund managers have begun to circle the wagons? Every time a share trades hands, every one of them gets a piece of the action. Even legitimate hedge funds, those who don't engage in naked short selling, profit when their corrupt counterparts drive down the price of stocks through illegal naked short selling. And the SEC, NASD, and DTCC take their cut for every share that is bought and sold, whether that share is real or counterfeit.
If the SEC needs a smoking gun, they need only to take a close look at Global Links Corp (OTCBB: GLKCE), where one investor recently bought 100% of the issued stock AND another investor bought 15% of the same stock, only to watch hundreds of millions of phantom shares continue to be bought and sold. While the SEC has ignored this curious case, Congress hasn't. Senator Robert Bennett cited the Global Links story (as first reported by Financial Wire) on March 9th when he grilled SEC Chairman William Donaldson about the naked short selling scandal, "this article just last Friday in a national publication indicates that people are still selling short shares that they don't have and clearly are never gonna acquire." This stock is merely a microcosm of the larger problem that pervades the stock market system, and serves to illustrate how pervasive the fraud really is.
It is vitally important that the Dateline story gets the attention it deserves. We can only hope that their report tells the real story of this scandal, and that Congress and the major media will join us in our mission to, at long last, restore trust and credibility to our stock markets, so that honest investors can once again invest their hard-earned money and have a chance to achieve the American Dream.
To contact members of the US Senate Committee on Banking, Housing, and Urban Affairs, go here and click on the members' names:
http://banking.senate.gov/index.cfm?Fuse...
To contact members of the Senate Finance Committee, go here and click on the members' names:
http://finance.senate.gov/sitepages/comm...
Sign the petition at www.investigatethesec.com
Here is a good article explaining the airing of Stockgate. There is also a petition at the bottom where investors can vote to investigate the SEC on these matters. Very intriguing read!!
-
FINALLY!
Dateline to Air Stockgate Segment April 10th
by Mark Faulk
http://www.faulkingtruth.com/Articles/In...
After over a year of promises, postponements, and delays, Dateline finally confirmed today that they will air their report on the stock market scandal on Sunday, April 10th, at 7 pm ET. The segment, dealing with the scandal dubbed "Stockgate", has long been anticipated by advocates pushing for reform in the stock market, and was first confirmed by The Faulking Truth last June. This is an excerpt from that article:
"It's been called the biggest financial scandal in the history of the world, with incurred losses estimated by some experts at well over $1 trillion dollars. It's a scandal that involves over 1,200 offshore hedge funds, over 150 US brokers, and has already bankrupted over 7,000 US companies in the past six years. According to many of the lawsuits filed to date, the crooks include terrorist groups and organized crime syndicates. Sources say that this scandal, which involves an intricate system of selling electronic counterfeit shares of stock in an effort to destroy the market value of small publically traded companies by utilizing a method known as "naked short selling", will eventually implicate almost every major broker in America, all of the governing bodies that oversee trading, and will extend into Canada and Europe."
Sources at the time told us that the Dateline story contained information that would "blow the roof off of this scandal", and that Dateline had already filmed over 100 hours of explosive footage, with interviews from class action attorneys John O'Quinn (of the Houston law firm of O’Quinn, Laminack and Pirtle), and Wes Christian (of Christian, Smith, Wukoson and Jewell), who along with the law firm of Heard, Robins, Cloud, Lubel & Greenwood, who are representing clients in dozens of lawsuits filed against the SEC, the DTCC, and several of the country's largest brokerage firms.
"What's Up With The SEC?"
Since that time, we have learned that officials from both the SEC and DTCC have been interviewed by Dateline, and numerous other recent developments have (at long last) triggered a frenzy of media coverage over the past few weeks. In addition to that, ads have been taken out in several major newspapers, and the roles of hedge funds, who specialize in shorting stocks, have been brought into question in other fraudulent schemes as well. In fact, in an ad in today's op-ed section of the New York Times (March 28, 2005), in an editorial entitled "What's Up With The SEC?" the conservative Washington Legal Foundation ( http://www.wlf.org/ ), blasts the SEC for "sitting on several complaints of misconduct filed by the Washington Legal Foundation, and supported by the U.S. Chamber of Commerce, detailing examples of questionable stock manipulation by short sellers and class action attorneys". According to WLF Chairman Daniel J. Popeo, in one case, information about a class action lawsuit was leaked to short sellers who, in turn, made a huge profit by shorting the stock before the information was made public. Popeo also claims that "in other cases, short sellers and trial lawyers dish dirt about a targeted company to financial reporters, analysts, and regulators, and the damaging news sends the stock price plummeting, thereby forcing the company to settle. Short sellers then reap the profit when the stock drops."
"If I Only Had a Hedge Fund"
In a related development today, the New York Times online edition ran an article about the incredible proliferation of hedge funds today entitled "If I Only Had a Hedge Fund", in which they said that the number of hedge funds created since 1999 has increased by 209%, with 1,406 new hedge funds introduced in 2004 alone. A recent study released by Credit Suisse Boston said that hedge funds now account for half of all stock market activity, and that they now manage a staggering $1 trillion in funds. Why are managers tripping over each other to start new hedge funds? Because instead of the small fixed percentage that they get by managing traditional funds (sometimes as low as 1%), they instead 1% plus 20% of any profit the hedge fund generates, which has made many of the hedge fund managers instant multi-millionaires. In fact, according to a survey in Institutional Investor magazine, the 25 highest paid hedge fund managers earned an average of $250 million in 2003. To read the New York Times article, go to: http://www.nytimes.com/2005/03/27/busine...
With those kinds of profits to be made, it is any wonder that the SEC, the DTCC, brokers, and hedge fund managers have begun to circle the wagons? Every time a share trades hands, every one of them gets a piece of the action. Even legitimate hedge funds, those who don't engage in naked short selling, profit when their corrupt counterparts drive down the price of stocks through illegal naked short selling. And the SEC, NASD, and DTCC take their cut for every share that is bought and sold, whether that share is real or counterfeit.
If the SEC needs a smoking gun, they need only to take a close look at Global Links Corp (OTCBB: GLKCE), where one investor recently bought 100% of the issued stock AND another investor bought 15% of the same stock, only to watch hundreds of millions of phantom shares continue to be bought and sold. While the SEC has ignored this curious case, Congress hasn't. Senator Robert Bennett cited the Global Links story (as first reported by Financial Wire) on March 9th when he grilled SEC Chairman William Donaldson about the naked short selling scandal, "this article just last Friday in a national publication indicates that people are still selling short shares that they don't have and clearly are never gonna acquire." This stock is merely a microcosm of the larger problem that pervades the stock market system, and serves to illustrate how pervasive the fraud really is.
It is vitally important that the Dateline story gets the attention it deserves. We can only hope that their report tells the real story of this scandal, and that Congress and the major media will join us in our mission to, at long last, restore trust and credibility to our stock markets, so that honest investors can once again invest their hard-earned money and have a chance to achieve the American Dream.
To contact members of the US Senate Committee on Banking, Housing, and Urban Affairs, go here and click on the members' names:
http://banking.senate.gov/index.cfm?Fuse...
To contact members of the Senate Finance Committee, go here and click on the members' names:
http://finance.senate.gov/sitepages/comm...
Sign the petition at www.investigatethesec.com
Here is a good article explaining the airing of Stockgate. There is also a petition at the bottom where investors can vote to investigate the SEC on these matters. Very intriguing read!!
-
FINALLY!
Dateline to Air Stockgate Segment April 10th
by Mark Faulk
http://www.faulkingtruth.com/Articles/In...
After over a year of promises, postponements, and delays, Dateline finally confirmed today that they will air their report on the stock market scandal on Sunday, April 10th, at 7 pm ET. The segment, dealing with the scandal dubbed "Stockgate", has long been anticipated by advocates pushing for reform in the stock market, and was first confirmed by The Faulking Truth last June. This is an excerpt from that article:
"It's been called the biggest financial scandal in the history of the world, with incurred losses estimated by some experts at well over $1 trillion dollars. It's a scandal that involves over 1,200 offshore hedge funds, over 150 US brokers, and has already bankrupted over 7,000 US companies in the past six years. According to many of the lawsuits filed to date, the crooks include terrorist groups and organized crime syndicates. Sources say that this scandal, which involves an intricate system of selling electronic counterfeit shares of stock in an effort to destroy the market value of small publically traded companies by utilizing a method known as "naked short selling", will eventually implicate almost every major broker in America, all of the governing bodies that oversee trading, and will extend into Canada and Europe."
Sources at the time told us that the Dateline story contained information that would "blow the roof off of this scandal", and that Dateline had already filmed over 100 hours of explosive footage, with interviews from class action attorneys John O'Quinn (of the Houston law firm of O’Quinn, Laminack and Pirtle), and Wes Christian (of Christian, Smith, Wukoson and Jewell), who along with the law firm of Heard, Robins, Cloud, Lubel & Greenwood, who are representing clients in dozens of lawsuits filed against the SEC, the DTCC, and several of the country's largest brokerage firms.
"What's Up With The SEC?"
Since that time, we have learned that officials from both the SEC and DTCC have been interviewed by Dateline, and numerous other recent developments have (at long last) triggered a frenzy of media coverage over the past few weeks. In addition to that, ads have been taken out in several major newspapers, and the roles of hedge funds, who specialize in shorting stocks, have been brought into question in other fraudulent schemes as well. In fact, in an ad in today's op-ed section of the New York Times (March 28, 2005), in an editorial entitled "What's Up With The SEC?" the conservative Washington Legal Foundation ( http://www.wlf.org/ ), blasts the SEC for "sitting on several complaints of misconduct filed by the Washington Legal Foundation, and supported by the U.S. Chamber of Commerce, detailing examples of questionable stock manipulation by short sellers and class action attorneys". According to WLF Chairman Daniel J. Popeo, in one case, information about a class action lawsuit was leaked to short sellers who, in turn, made a huge profit by shorting the stock before the information was made public. Popeo also claims that "in other cases, short sellers and trial lawyers dish dirt about a targeted company to financial reporters, analysts, and regulators, and the damaging news sends the stock price plummeting, thereby forcing the company to settle. Short sellers then reap the profit when the stock drops."
"If I Only Had a Hedge Fund"
In a related development today, the New York Times online edition ran an article about the incredible proliferation of hedge funds today entitled "If I Only Had a Hedge Fund", in which they said that the number of hedge funds created since 1999 has increased by 209%, with 1,406 new hedge funds introduced in 2004 alone. A recent study released by Credit Suisse Boston said that hedge funds now account for half of all stock market activity, and that they now manage a staggering $1 trillion in funds. Why are managers tripping over each other to start new hedge funds? Because instead of the small fixed percentage that they get by managing traditional funds (sometimes as low as 1%), they instead 1% plus 20% of any profit the hedge fund generates, which has made many of the hedge fund managers instant multi-millionaires. In fact, according to a survey in Institutional Investor magazine, the 25 highest paid hedge fund managers earned an average of $250 million in 2003. To read the New York Times article, go to: http://www.nytimes.com/2005/03/27/busine...
With those kinds of profits to be made, it is any wonder that the SEC, the DTCC, brokers, and hedge fund managers have begun to circle the wagons? Every time a share trades hands, every one of them gets a piece of the action. Even legitimate hedge funds, those who don't engage in naked short selling, profit when their corrupt counterparts drive down the price of stocks through illegal naked short selling. And the SEC, NASD, and DTCC take their cut for every share that is bought and sold, whether that share is real or counterfeit.
If the SEC needs a smoking gun, they need only to take a close look at Global Links Corp (OTCBB: GLKCE), where one investor recently bought 100% of the issued stock AND another investor bought 15% of the same stock, only to watch hundreds of millions of phantom shares continue to be bought and sold. While the SEC has ignored this curious case, Congress hasn't. Senator Robert Bennett cited the Global Links story (as first reported by Financial Wire) on March 9th when he grilled SEC Chairman William Donaldson about the naked short selling scandal, "this article just last Friday in a national publication indicates that people are still selling short shares that they don't have and clearly are never gonna acquire." This stock is merely a microcosm of the larger problem that pervades the stock market system, and serves to illustrate how pervasive the fraud really is.
It is vitally important that the Dateline story gets the attention it deserves. We can only hope that their report tells the real story of this scandal, and that Congress and the major media will join us in our mission to, at long last, restore trust and credibility to our stock markets, so that honest investors can once again invest their hard-earned money and have a chance to achieve the American Dream.
To contact members of the US Senate Committee on Banking, Housing, and Urban Affairs, go here and click on the members' names:
http://banking.senate.gov/index.cfm?Fuse...
To contact members of the Senate Finance Committee, go here and click on the members' names:
http://finance.senate.gov/sitepages/comm...
Sign the petition at www.investigatethesec.com
PPS is rising in anticipation of news. 10k may come out after the bell. Maybe on the march north again. Level 2 is rolling north....
I 'd rather see the 10k Monday morning verses tommorrow too. Fridays are always weaker than early to mid week announcements.
I would not expect him to dignify the site with a response anyway. Just thought it would be interesting to see if they did respond in some fashion...
No Problema...Now let's make some money...
I am not sure who removed the site but I did send Otto's company a link with a demand for explanation. hehehe I am sure others here sent something as well. Kinda funny really....Lets go north!!
I can assume the reason for the drop today was due to people interpreting the delisting as reduced exposure to other markets. This in fact is not the case. A market exposure as weak as the one listed will certainly not harm any buying ability. The exposure from this PR coupled with more scrutiny from the MMs will propel this stock forward at a much greater rate than in the past. Mark my words....In the coming weeks this stock will move forward more quickly than in the past...Now is the best time to buy with the share price currently artificially lowered..
Hi Bama, This PR is absolutely great news. The fact that this stock has been supressed with the volume it has seen is evidence that major shorting was taking place.
A common tactic for MMs is to list a target stock on foreign exchanges. By doing this they escape the 3 or 13 day cover rule set by the SEC. Because the exchanges are overseas extra time is allowed for the MMs to cover thier short positions due to the extra steps to convert funds and fill thier margins. The fact that QRVI is investigating other exchange listings is excellent!!! This once brought out will focus the attention on this shorting issue and will free the stock to rise with selling pressure instead of being beat down by the MMs as in the past. More people will trust that their investment will perform better once light is shined on this problem. I am confident that we are clearing the crappy MMs tactics for some healthy gains very soon...
Below is an exerpt from an article which addressed Overstocks.com MM shorting issue which is similar to what QRVI has been experiencing.
If the borrowed shares are coming from overseas, that's a pretty good excuse for them to take more than three days to show up, right? Turns out a number of companies have suddenly found themselves listed on foreign exchanges without their knowledge. O'Brien raised this scam tactic in Overstock's fourth quarter 2004 conference call, but there is more to this than the opinion of one anonymous conspiracy theorist. A couple years ago, there were a number of biotech companies in just this situation, finding that their companies had been given German exchange listings without any request from management. And I'm sure that by the time I heard about this, the strategy had been around for a long while.
Up Up amd away. Buying pressure coupled with upcoming ad campaign should put a crimp on the MMs modus operandi for awhile now...yipee...
Looks like the MMs have covered their shorts and are letting her run again. Good news will propel this baby on up the ladder. I am sure the MMs made out like bandits with their manipulation of this stock but they can't hold down a good solid company like MSEP for long. Looks like we are back to upswing for some time...
Your late past your 15 minutes...hehehe me too...
Rumors from January... Wonder if there is any substance to this shell rumor? I have searched and found nothing so far..Oh well....
You are correct in the fact that the final method and time have not been established at least at the time that I spoke with them last week. They communicated that they are committed to driving the EZ2 name into familiar territory and are committed to doing that. They are finishing I take the best methods to do this. I would think that a PR would be issued to expalin this but did not ask.
An investor needs to take the time to learn as much as possible as I am sure as you stated agree with. However, I like to learn as much before PRs are released if possible so that I can be in before the mad rush to buy. Many of us who try to get as much insight by calls, email etc want to be ahead of the game rather than wait for the masses to be informed all at once when you have to play chase.
If they were to send out a PR before thier direction in this area is secure it would be pure fluff and that never holds up with investor trust. I am hopeful that we will see a PR soon that will expound on the exact methods they will use for promotion. Good Luck to you and everyone who awaits news...Me included
I had a conversation with their investor relations dept about how they were going to get better exposure and drive more interest into their company. I was told that in early April an ad campaign would begin to make thier services and their company well known. This would include potentially TV ads, internet ads and billboards. How exactly and when exactly is still being discussed. Here is the number if you wish to call to verify and if you have any questions. 1-305-577-1033
YEP.... Selling now would be to lose on the good gains coming shortly...
When the AD campaign starts in a week or so the exposure will really ramp up the share price. I am not worried at all...
Thanks Value...Sounds intriguing. It will be interesting to see if HRDI runs north some more today with the potential big news.
Stockprowler's pick this week...
Blue Wireless & Data, Inc. (OTCBB: BWDI)
3001 Knox Street, Suite 401
Dallas, TX 75205
Phone: (469) 227-7605
Corporate Website: www.bluewirelessdata.com
Shares Outstanding: 189 million
Market Capitalization: $2,910,000
Closing Price Friday 3/4/05: $0.0154
Shares of our February 2005 pick CYOS soared into the stratosphere reaching a high of 3.2 cents… a gain of 900% since our report on February 6. CYOS closed Friday at 1.87 cents, still up an impressive 485% for the month!
The Stockprowler pick for the month of March 2005 is Blue Wireless & Data, Inc. (OTCBB: BWDI) a broadband service provider delivering high-speed wireless Internet access to residential customers and small to medium-sized businesses. The company's non line-of-sight technology allows Blue Wireless & Data to reach 95% of the customers in the coverage area. Non line-of-site means that objects such as trees and buildings do not impede the wireless signal path. BWDI’s target market includes the suburbs of large cities and second tier cities and towns having little or no broadband service. Nationally, the target market is estimated to be $13 billion annually.
Blue Wireless & Data, Inc. was formed July 2004 in a reverse merger with a public company, Reva Wireless, Inc., which was established in 1997 as a provider of wireless Internet and related services. From its headquarters in Dallas, TX, Blue Wireless & Data, Inc. owns and operates over 28 fixed high speed wireless Internet base stations that currently serve over 16 cities and communities from Dallas to Wichita Falls,TX. BWDI is focusing on expanding and improving its wireless Internet service and continued development of VoIP and newer, leading edge video technology. Through aggressive acquisition, BWDI continues to increase its customer base… Recent acquisitions/LOI include:
* Speed of Light Broadband, LLC
* Light Speed Wireless/ Daly Technologies, LLC
* Canton Technology Center, LLC
* Gerdes Web Services, LLC
* Globalcon, Inc.
* Panaband/DSG Technology, Inc.
* Regional Wireless Networks
* Palancar Broadband, LLC
BWDI Chief Operating Officer John Mills, with 28 years experience in the wireless industry, expects the company’s aggressive business plan involving acquisitions and consolidation to generate revenues of $250,000 to $500,000/month …and earnings of $60,000 to $250,000/month by the end of the year 2005.
On February 22, BWDI announced that it has executed a wholesale service agreement with Red Gap Communications, Inc. which now allows Blue Wireless to provide Internet Protocol (IP) Telephony service directly to its residential and business customers over its existing high speed wireless broadband network. The deal also enables Blue Wireless to provide DSL Internet services to retail customers beyond its wireless network infrastructure, virtually anywhere in the continental United States.
Blue Wireless & Data Chief Operating Officer, John Mills, stated, “Our contract with Red Gap allows us to bundle our Internet services with a high quality Internet-based telephone service which is priced lower than most traditional phone services. Our customers, whether residential or business, will now be able to make and receive phone calls using their existing handsets with an adapter, or with an IP phone handset which we can provide. Features such as voice mail, call waiting, and call forwarding are all available through this service. We believe IP Telephony will one day replace the traditional high-cost telephony infrastructure that exists in most of the US today.”
As part of its aggressive growth plan, Blue Wireless& Data announced that it has signed an agreement with RiverCity Internet Group, LLC that provides the company with comprehensive technical and billing support around the clock. Under the agreement, RiverCity will handle Tier 1 and Tier 2 customer support issues, as well as provide billing support and services as an outsourced solution. RiverCity's services are integrated with their customer management software package, IntraISP, which Blue Wireless recently licensed and implemented in order to better manage its growing base of customers.
Stockprowler.com views BWDI as a very unusual speculation. Not only is BWDI growing revenues at a rapid pace by acquiring and consolidating smaller competitors under a larger umbrella with the inherent efficiencies that result, but BWDI has just recently moved toward adding Voice Over IP telephony capability which likely can double revenues from a given client at little additional cost. Also, consider this… BWDI is on the Regulation SHO list: http://www.nasdaqtrader.com/trader/defincludes/regshoDefinitions.stm
That means when the number of a security's shares represented in short positions is 10,000 shares or more and 0.5% or greater of the Total Shares Outstanding (TSO), for 5 consecutive settlement days or more, then the security becomes ‘restricted’, and is subject to mandatory close-out requirements for short sales as outlined in the SEC's Regulation SHO… So, at some time in the next few trading days shorting by market makers must end, AND they must cover their short positions. Looks like a very interesting week ahead… Just our opinion.
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Also, contrary to a commonly held belief, Stockprowler does not have access to insider information, nor do we want to because trading on insider information is illegal! All information contained in our reports is available in the public record... and any written or verbal communication with company CEOs/IR people strictly adheres to this rule. Readers are urged to read the company SEC filings and do their own due diligence before investing in this or any other stock.
You said "some people " are saying it could be the biggest??? Where did you hear this??? Sounds interesting...
I believe your assesment is correct..
I wonder if they own the domain EZ2track???
ABEW News ( will be getting interesting soon)
Airbee Wireless to announce US buys
Monday, 21 March , 2005, 09:46
Chennai: Airbee Wireless Inc, a US-based company that has software development centres in Chennai and Bangalore, is on the verge of announcing two acquisitions in the US.
"We are looking at three acquisitions; we are sure two of them will happen in April," Raj Sunderasan, founder and CEO of the company, told Business Line.
He refused to give any details of the acquisition, pending their finalisation.
Airbee, set up in 2002, is a developer and licensor of embedded wireless connectivity software.
Devices embedded with the software can communicate with each other. For example, a mobile phone may be used to remote-open a car garage door or the refrigerator may want to transfer the data on its contents to the computer. Data communication is possible over a distance of up to 240 feet and voice up to 900 feet.
The company trades on the US OTC exchange and has a market cap of about $19 million.
Airbee started selling its product in the middle of last year - in the previous years it was engaged in developing the software.
For sales, Airbee targets IC vendors and electronic gadget OEMs and also provides turnkey engineering and development solutions.
"The company already has a design win with a meter reader OEM and has unveiled a Zigbee-ready thermostat," writes Semiconductor Times, a US-based industry magazine.
(Zigbee is a wireless protocol that went live in December 2004). In the calendar year 2005, the company expects to achieve a turnover of $12 million (Rs 55 crore).
Sunderasan said that the market for short-distance wireless home products is beginning to evolve now; he anticipates an explosion in demand.
Srini Krishnamurthy, Vice-President, said that each year 880 million devices that have wires for monitoring and control - such as air conditioners, light bulbs and security systems - are sold.
"This is a huge target market," he said, adding that Airbee's software could be used to fit any device to replace wires.
Overtime, a mobile phone could be used to operate any home appliance, he said.
Sunderasan also announced that Mal Gurian, a noted technologist who has worked for companies such as OKI, Sony, Murata and TRW, had joined the board of Airbee in January.
Gurian is said to have played a pioneering role in introducing mobile telephony in the US.
http://sify.com/finance/fullstory.php?id=13697977
We will be green by end of day. This week will show some decent gains. I feel it in my blood...
added more today at the sale price...
As are mine....Keeping them out of MMs hands..
This is the email as I received it Racer. There was no header. The email came from "sales@calypsowireless,com"
Dear Shareholder,
Regarding your questions here are some answers.
1.- We have received confirmation from manufacturer on date to receive
phones with the final ID to commence field trials. All I can say is that we
are within weeks of setting concrete dates on stone to start trials.
2.- To protect Intellectual Property, our website will not be updated with
phone picture. I apologize for not being able to show the phone to the
world as of now, maybe this might change in the future after we have some
things more squared away.
Best Regards,
The Calypso Team