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Question to the board...Lets say we trade at $10 or $30 post split...what will stop MMs from dropping this 98% in 15 min of trading...Pinkies tend to do that more often than not. Just curious. Thx in Advance.
lol...our federal government moving that fast on pinky to investigate fraud? lol.
sorry no...i think there is translator link on this board somewhere.
It appears that CGGP did do some DD in China...dots are still connecting...I believe this story is not over yet. Not sure if it is same Clayton Dunning Group, but it is what it is.
p.s. couldn't sleep. So, I decided to do some DD.
If they have a lot of money, that is good way to do it...push the little guy out of the way and take over his company by force(hostile takeover)
Could this have been "The Chinese Fire Drill" of hostile takeover through open market? All those shares that was dumped bought by the Chinese Company? Doubt it, but could have happened.
"This press release was not authorized by the Company, is completely false and the Company has no knowledge as to who caused the press release to be issued." completely false and press release is in the same sentence. So, I take it as press release is completely false.
He was saying pr was completely false.
I hope for the best, but these life lessons are painful...:)
If this is scam...I think he called the number on the fake pr...that number probably is the scammer's number and he talked to the scammer...and he was duped...or this could still happen...who knows...jmho.
Well, I shouldn't cry over spilled milk...I have only lost profit on paper...my entry point was .0006. Hope for the best.
What if the r/m will still happen...Chris is just covering himself...:)
He did say press release is not put out by the company, but he didn't say rm wasn't false...i think:)
nice buy at .0046...1.7 million
So, does mirror trade work like this?...Lets say you have MMa have 1 million shares and talks to MMb and says lets bring the stock down and tells MMb to buy 1 million shares at one tick down. After buying, MMb tells MMa to buyback 1 million at one tick down...result would be two ticks down by these two MM...is this how it works?
Thanks for the 411.
After hitting the .005 mark, will the MMs let this post at .0005 increments or will they ignore it? Is it law to post .0005 increment?
they can have half of my shares at 2.00.
what is up with all the mirror trades...does it stand for anything?
mine is set at $2.5 for 1.16 million...:)
Hi Chapter11...I have been watching your board for few days...great job. I'm just wondering...do you have position in CGGP? What do you think about the stock? Thx in Advance.
Ouch...fat figure... .029
Any more news from your connection at the bean town?
It was new guy popped up on ihub and said he was close to the company and said there will be r/m news with chineese company with 250 million in revenue. He said that last week and someone found the news that came out in china that cggp is front runner for merger. Merger will be completed in about month and a half. China company said that after the merger, they will move the stock to big board right away.
here comes the spread...lol
Art, are you in on CGGP?
Is Market open on Good Friday?
tiny part of my shares are from .015...7%...I have feeling we will reach that in day or two...is market open on friday?
They will only get 10% of my shares at .01+...rest I'm holding until May.
Keep this up and Daddy will be getting new shoes!!!
I wasn't planning on to buy 750000 shares this morning at .0007...thank god i did.
we need prove that you ate crow...lol.
I like this part "we will merge with a U.S. public company shell and move straight to Nasdaq or NYSE"
I only have 1.16 million shares, but I hope this will payoff...Daddy needs new shoes...lol.
You're right...soon as I called...it took them second to fill...o.k. I set...lets head north.
I'm getting pissed...have order on the ask and they are not filling me.
I've been sitting on ask for awhile...no fill...what a crooks
I'm waiting for wire to clear this morning...please hold these prices until I can add...don't worry, I'll hit the ask...:)
So, if the r/m with 250 million dollars earning should equal to about 250000000(earnings)/329000000(outstanding shares) = .76 * 4(eps) = 3.04 per share...am I correct? MM should make the market for that range when the r/m is complete...right?...correct me if I'm wrong...:)