Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good Morning Everyone,
I have a couple of question about the last part of pietro's post for anyone who cares to answer.
In the 2nd half of his post about the Requirements Necessary to Close a Reverse Merger or Public Shell Merger, it says: "Note: It is often necessary for the public shell to do a reverse split and/or cancel shares owned by the affiliates of the public share prior to completing the merger."
My question is: If a merger actually does take place, then what could we realistically expect to happen here? Would we have a reverse split on 30 million shares? And what does it mean to cancel shares? Do people lose them, are they bought out, or what?
TIA/GLTUA
Can someone explain why the quote for MSTF on iHub under the profile tab says the float is 27.24 mil? Would that be some of the insiders selling their shares? I thought they had 30.39% according to the yahoo link in the ibox. Hmmm...
Well, it could simply be trades between MM's to increase the perceived volume. We don't know just how much of the volume is traded between MM's, but they want it to look large so investors think there is ample liquidity and interest. This perception gets more people to buy and sell and that's how they make their money.
Well, even if they can convert shares, until we hear otherwise, there is no reason to assume that they are converting them. That really is just speculation at this point.
How do you know how much the float grows by? Is that some kind of lucky guess or what?
And by the way, I'm looking at the Form 10-QSB filed September 30,2007.
It says, "Series A convertible prefered stock; $0.001 par value; liquidation preference of $100 per share plus accrued but unpaid dividends; 20,000 shares authorized; 10,250 shares issued and outstanding at September 30,2007; 0 shares issued and outstanding at December 31, 2006. Common stock, $.001 par value; 400,000,000 shares authorized, 21,698,974 and 9,862,691 shares issued and outstanding at September 30,2007 and December 31,2006, respectively."
So, even if you were correct, and that's a big if, then it would only go up to just over 30 million shares.
You're making it sound like it's being diluted or something. It says they have a "liquidation preference of $100 per share", and last I checked, the price per share had not attained that level.
I bought 24k at .0087. No more funds available right now. Share count up to 985,600 now. 22,000,000 float means I have 4.48% and I'm holding them very tight!
In theory, yes, but if you look at the nuts and bolts of that action, you would have only been able to scoop up about $500 worth of shares between .008 and .009 and as soon as you tried to sell them for .012, the MM's move the bid down to .01. So really, you wouldn't have made much of a return.
Question to anyone:
Do all mirror trades reflect MM to MM transactions? 'Cause it looks like theres a lot of them with this stock.
Really it's just speculation at this point based on who is in the board of directors and who recently left the board of directors. The general consensus of this board (I think) is that there's a good chance for it.
Wow, it's so easy to see these market maker games. They just took it from .012 all the way down to .009 on three trades of 12,500 / 10,000 / and 25,000 shares. That's only 47,500 shares!
22,500@.01 + 25,000@.009 = $225 + $225 = $450. Incredible.
Good morning everyone.
I have a few questions about how insider trading works for anyone who cares to answer.
As far as I can tell, insiders currently have about 8 million shares with a current value of $96,000 (at $0.012). I can see how this is not going to make any of them rich, so I'm sure they'll be holding for a while.
However, if they do sell, how long would it be before the general public knew about it?
How would the public know when they did sell?
Would they tell exactly how much they sold and at what price?
And finally, how does the procedure work if they decide to buy more?
TIA and GLTU
Looks good, with the volume trading at nearly half the available float, and price movements both ways on little volume, it looks real good.
What would that make it worth?
I'm curious, is it worthwhile to ask people of the board to reveal their share count to tally how much float actually remains? Or would it be a waste of time since it would be easy for some to exaggerate their actual count? If those who read the board knew this information, wouldn't that encourage them to buy more since they would know just how little float there actually is? I don't know, I've never tried to do this before, and I'm not sure if it would actually mean anything since everyone can simply sell whenever they choose to. I thought it would be kinda neat to try it though. I'd even be willing to start. I have 961,600 shares and plan on holding for a while.
Question for anyone, perhaps change to IBOX...
The I box says 27% of the float is held by insiders, but the link to yahoo finance says it's 30.39%, so my question is, which one is correct?
Ha Ha... close... 770,700 so far.
Got more... 70,700 at .012
Question:
Is $0.018 a resistance point since it traded as a high on Aug 30th last year? The volume was only around 4 mil, which is something the stock easily trades everyday now.
I guess you came up with that number because of the extensive dd you've done. Or maybe you've got some vested intereste in the PPS going down, hmmm?
Holding 'em tight.
The I-Box says 22M float and 27% held by insiders. Are the insiders considered the people who work for the company?
Does that mean that 27% is not available to daytraders and investors? And by default, does that mean that 5,940,000 shares are not available to the public? (27% of 22M) Moreover, does that mean that the float really has only 16,060,000 shares available?
Just curious because if that were true then I would own 4.3% of the float. (700k shares) Ha!
If there was only 20M in the float that means that the entire float volume has traded today!
Hey guys, what's moving this stock so much lately? It looks like a good buy here on the dip.
Thanks for the response. One more question. If nobody knows how many shares a Market Maker has to sell, then does this mean that several Market Makers at one point could theoretically have less shares to sell than just 1 Market Maker at the next point? What I means is since nobody (but the MM's know how many they have to sell, could the sum of say 3 different market makers have less to sell than 1 at the next point up or down?
To anyone who cares to answer...
Question 1:
When it says size on level II of 5000, what exactly does that mean? 5000 shares at .004 is only $20. Is that simply the smallest number of shares they are willing to sell?
Question 2:
Is there a way to know how many shares a Market Maker has before the bid/ask moves on to the next Market Maker?
Right now for RVGD it says:
10:27 UBSS 5000 @ .0041 Bid
10:20 SBSH 5000 @ .0042 Ask
Much appreciation to anyone who answers.
A wise man once said buy low and sell high. I agree with him and so do some others. Where is this stock price? LOW What does that mean people should do? BUY
I know it seems counterintuitive to buy a stock when the price is going down because (in the short term) it means the value of the invesment goes down. But those with long term vision know that a very temporary decrease in stock price only presents more opportunity, not loss.
So, if someone says something negative about the stock or company and obviously hasn't done their homework, I say thank you for helping me realize more opportunity.
RVGD the little stock that made over 1000% twice in the last 3 months. What couldn't it do?
Many people already know that work will commence Tuesday. How will the work actually taking place affect the stock price?
SUPG over 5 day MA - Headed to 10 day MA next at 3.17. That's over 7% from here. If it continues at current rate, that's only 1.5 hrs from now. -- wishful thinking --
SUPG bounce
SUPG bounce
With all that talk before the run-up yesterday, I thought for sure .005 was the bottom. What is the bottom based on now? The 200 DMA? Anyone?
Hello everyone, I'm looking at buying some of this stock but I can't figure out when the best time to buy is. It appears that every day is a better time to buy. Should I wait until tomorrow or perhaps the next day?
If the fundamentals are true, this stock should be trading for much more. For technicals, at 0.0055 it has dropped over 67% from .017 (which means it traded below the fib retrace of 62%), there's over 13 million shares bought today and 6 million sold (accumulation), and CMF is green.
And if anyone has the desire to respond, could someone (attempt to) explain how a stock price can go down when more is being bought than sold? TIA
USSU is looking good too.
RVGD bounce right now
ONCO is looking good
May 25, 8:15PM
I thought the volume would pick up with the fact that Ux will be trading on the NYMEX Monday. Guess we'll just have to wait for confirmation that the 504 has ended before this thing sees any real action.
And all along, I was thinking that anything more than a 100% decrease was negative territory? How did you get that number?
That's the spirit! You're right, it doesn't matter when the 504 ends with the rate at which the company adds claims.
I'd like to do a comparison. Does anyone know what the smallest Uranium company's PPS is that is currently mining. And how many claims do they have? I'd like to dream for a minute that RSDS's PPS will be there in May.