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probably being getting out of INRA from yesterday.. ;)
yep, if I was a buyer I would wait til the VWAP rate of change was really slow, unless I was in anticipation of some sort of news. Only if I was covering would I buy...
Note that the pps would probably drop too if this were a pinksheet and there were no news as well...
I prefer people who warn us before the fall, not come in like vultures and continually berate after the fall and tell us "I told you so", when they posted sparsely beforehand. (This is not to implay that DownwithPumpers falls into this category of course).
If anything, that says more about a persons character or interests than what they actually say in a message.
I didn't realize this was grey market... I see a big and ask.. someone please enlighten me...
pumpers left quickly after the greymarket appeared... I'm guessing they're selling to get into INRA or some other stock.
Risky IMO, but if people want to make a good short term trade and are good at charts, maybe it might work...
OT: yeah, but not sure if this is the time to get into INRA.. ideally you want to get in early or before the news... the news is already out, and eventually all the buyers are going to dissapear. Now is the time to sell INRA, not buy it.
um yeah.. company is diluting during an SEC investigation.. just keep digging that grave Jim...
man, rich and young... how did you get so rich? penny stocks?
well, one thing is for sure.. with all the volume that happened before the halt and the PPS.. either it was dilution, some sort of shorting, or someone(s) was really flipping like there was no tommorow, or combination thereof..
thanks... well looks like some poeple are going to be in big trouble if they haven't been honest or cannot produce paperwork... I hope justice is served in any case. Too bad justice cannot be served to all the crook's proxies as well assuming they exist.
No I didn't obviously.. or I'd not be making these ignorant remarks.. ;)
Probably have... I haven't been following CSHD a lot to tell you the truth, for that past 2 months or so...
No I haven't.. unless you consider the SEC investigation one...
you know, I think Rufus tried to make this stock a short trap the more I think about it. But I guess he underestimated what criminals were willing to do to get their way. A case of con men getting out-conned by other criminals.
Rufus is a smart guy, but I don't see this going anywhere - or maybe it might go somewhere in a few years at best - if and when they devise a new scheme. But my guess is that it will go nowhere - cause nobody is going to buy or short this stock anymore.
So either they will close up shop, or they will re-organize under a new name would be my best guess.
OT: Sigh, it was this very type of language that got me mixed up in CSHD, and I missed a 1000 dollar gain in a legitimate stock.
put it at .0001, I'm sure there will be plenty of buyers... get out while you can.. ;)
we need Jim Plant to buy back these shares at .02 or higher... that way, when almost all the shares are owned by him, and if there are any shorters out there, then he can dictate what price will have to be paid to cover.. ;)
let the panicky people sell if they want to.. it'll be better in the long run. As long as the fundamentals of the company are good, then it will recover. Course we don't know what the fundamentals are totally until the audits come out or the SEC investigation pans out.
Don't worry.. I'm in the same boat.. dumping money in penny stocks and getting burned... again and again.. luckily I only dumped what I could afford to dump.
I would break it up... sell 50k for .01, selling another 50k for maybe .011, and another 50k at .012
or something like that...
break up your order perhaps... 100k is a lot of shares even though it is only 800 bucks..
before we jump the band wagon, first we must assume that this was not a typo or the former PR was not a typo, whether or not significance is brought to the word formal and informal (or whether or not someone put those words in as an afterthought), and also whether or not this is standard procedure, and what the legal difference is between informal and formal (and I don't mean guessing by the word, someone actually needs to look this up somewhere).
The fact that it didn't crash with huge volume is probably a good sign. It could mean that poeple are waiting, have faith, or for some strange reason couldn't trade (although I would think that most poeple should be able to trade if they really wanted to).
If I was a shorter, I'd be cover a little bit now (maybe not too much to drive the price up)... and just wait a see, and if it drops then cover again...
Yep.. I predicted as such.. someone is trying to cause panic.. or someone put in a stupid "market" order..
I'm curious.. has anyone heard anything from the SEC about this? Seems like everyone is quiet on whether anything was found or not.
yep, if you do a cramerism, then you don't necessarily panic out of a stock if the fundamentals are good. However, if the fundamentals are bad, the you sell. Problem with this stock is, we won't know until and if the audited financials come out.
yep, agreed.. I'm not going to say that this business is bogus however. It's just that there is a lot more hype than substance imo. It's a business, it won't revolutionize anything - maybe it'll make some money.. but I see other businesses out there using alternative fuels involving soy.
well, what do you know, I'm in greensboro too.. small world..
I have 80,000 shares...
and if he isn't telling the truth.. I"ll guess we'll get to add his picture to the list of other CEO's with failed pinkies.
oh boy... trusting the CEO to tell you the truth.. I learned the lesson on sljb to not do that.
Anway, I'm not a basher.. I own some of this stock - maybe I'm not as heavily invested as some people in here but I'm pretty sure Janice Shell is not a basher (well she is a basher, in a sense.. but she's not a basher with an short interest, lets say).
And yes, I do beleive there is a short position here. Whether or not it is as big as Jim says it is I don't know. But that is besides the point. Right now we're just rambling and until and if the audited financials come out - we're just spinning around based on speculation.
How did he calculate this? And what average pps did he make this assumption on?
now that is funny.. IHDR exposing scams. Could be true.. but I've seen him pumping his own stocks as well (like IHDR stock), that hasn't taken off.
should support a pps of .10 maybe then if they are forced to cover.. ;) But then again, wishful thinking..
If the SEC was a moral organization, then why didn't they go after SLJB?
when CSHD was halted, the SEC tried to get Rufus to prove the bond information. . All they were able to do was get an order for him to not make any more false statements. It wasn't a shut and close case.
But it does look like the death nail for the pps of the stock at least.. in the short run at least.. and perhaps for a few months more. It all depends on whether or not Jim and disprove the allegations.
Yeah true, but neither do they necessarily go after all scam stocks either...
Obviously someone instigated this.
yep.. backed out.. we're screwed... Looks like the shorters are doing the same thing to this stock as they did to cshd.
But hopefully we'll make a comeback.. assuming audited financials come about..
maybe someone is trying to engineer a collapse of the pps by making everyone beleive that audited financials will come out (just like sljb), and when they don't come out, then boom? Is that why possible shorting might be occuring?
maybe shorting? or maybe they front loaded this stock early on..