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.
I'm not trying to tell you how to run your life. But its a lot like having safe sex. When yo invest you have to take certain steps to protect yourself. never borrow money to play a questionable stock, a penny stock, where most in time fail. Never invest more then you can afford to lose. and most important before you spend any money on stocks you should have enough money in the bank to support you and /or your family should hard times or something unexpected arises. Don't let greed cloud you judgement. The most wealth you will ever attain will be having good health. Live and be well.
Does anyone on this board really know what naked shorting is all about?
First off: Shorting is legal and done all the time. it makes the market more liquid.
to short a stock the broker must borrow the stock from an owner that has a MARGIN account, not a cash account. Each broker has a set of rules and all to my knowledge do not allow sub-penny and almost all penny stocks to be borrowed or shorted.
In this area the shorting exists between the brokers themselves. the brokers will lend shares to other brokers and funds, such as hedge funds. Here lies the problem. The funds and the brokers may or may not borrow shares ann short them. They have 3 days to deliver. If they fail to deliver the problems start. If the naked shorts pile up it could put the company they are shorting into financial trouble.
We could go on and on about the problems that can come out of this but the real problem is how to protect yourself.
1- Don't trade penny stocks in a margin account. A broker can not lend stock in a cash account.
2- If you are a long term holder and do not anticipate trading the stock you might consider transfering the stock to you. If you have the certificate in your hand then nobody can borrow it.
The problems with that is it takes time to send the transaction through transfer and brokerage firms charge a transfer fee. (usually 25 to 50 dollars per transaction). Its all up to you and what it takes to make you feel comfortable.
This problem is less active with more expensive stocks and stocks that are on the bigger exchanges, (NYSX, AMEX, etc.)
I strongly suggest if you are investor you should educate yourself on how the stock market works. There are many books available at the public libruary.
Remember its your money...protect it...the burden is on you. Good luck.
You don't have to hype this stock. The news itself will do that.
people will be talking about it on all the message boards. Not to worry. It will fly under its own wings. People that are about to make a fortune tend to share the news. The people they share it with tend to tell others and so on and so. We don't have to hype anything. the results of this company do it by themselves. I'm strapped in and waiting for the ride. everybody enjoy the ride to wealthy land. Start thinking how you are going to spend your new found money.
The above is only my opinion and is not a solitation to buy or sell any security.
Never plea the 5th. Always drink the 5th.
It must of been a mail truck!
There is one thing i like about iPackets International Inc.
ITS GOING TO MAKE ME RICH!
I like PMRX. It smells like gold, It looks like gold, it tastes like gold, By God it is GOLD!
I am going to have a golden smile all the way to the bank.
Give you 2 guesses who has a load of that stock.
If you guessed me, ya right!
You win, but only if you buy the stock.
Only my opinion. Investigate before you invest.
I think the answer lies in balls. Thats correct you heard right.
Balls is the answer.
if its 2 balls its under a buck if its 4 balls it under 2 bucks.
So after all is said and done lets see who has the most balls.
Instead of putting him down and hypothesizing about it why don't you just call him and ask him. If I did the same to you I'de have to guess your an extream basher. So get your facts right from the horses mouth and ask him.
Rich Kaiser of Yes International 1-800-631-8127
The simple call may just change you outlook.
I have no idea. I do know that the MMs were playing with the stock on friday. But to answer your question, I don't know.
Portlander10; We both know about IPKL.
PMRX is a completely different animal. Its a gold minning company with operations in Matagaska (Spelling sucks). They have leases on land thats loaded with gold and other precious stones.
You wouldn't have picked this one out of 100 others except for the fact the struck a big find. they have taken several samples to be assayed and the results are in. The numbers given to me are above 93% ( I believe purity) The gold is visible in the samples. Its a very big find as best as I can determine. You can feel free to contact the Public Relations man by the name of Rich Kaiser. 1-800-631-8127. Its a firm that does the PR for Prom Resources.
He himself own a large chunck of the stock. Hes very happy to talk to anyone who calls and very friendly. I personally like what I hear and for the price of just under a cent a share and with a PR about to come out it should drive the price up. In most cases its tough to seperate the hype from reality but in this case I'm convinced and am committed. Should you buy more then what you have. It all depends on what you feel comfortable with and I always buy a stock figuring if it doesn't make out the way i thought it won't kill me. I'm in it and if I had more funds I would buy more. My kids are in it too. All that said it still doesn't make it safe. But what is today.
The above is my opinion only. Investigate before you invest.
If you have any hesitations about this stock do yourself a favor and call the PR man.
His name is Rich Kaiser
The PR firm is Yes International
The phone number is 1-800-631-8127
Call him. You will be glad you did. He is very friendly and will be happy to answer any questions you may have.
My opinion only.
If you could have only hear the reaction of the IR guy when we were talking about the prelim report assay of 93+%. He couldn't contain himself. Oh, I forgot to tell everybody the he was a heavy shareholder as well. He was all smiles and giggles, Happier then a pig in $hit. Well like what the doctor said to the boy just before he was circumcized, "It won't be long now!"
All my opinion. Not a solicitation to buy or sell any security.
Ya know that a dam good question and I have to admit I don't know. I would think it is the purity of the gold and not the volume of the sample. I would think this will be cleared up with the PR and if not I will make a call on monday and check it out. Logic tells me it purity though.
The above is my opinion only.
It may well be the number 1 stock in 2006 and 2007. from indications of a similar stock I believe this stock will be over $2 within a year.
I'm loaded and my family is loaded. I'm very happy for all of the people that invested in and supported the company. You all deserve the rewards I suspect will arrive shortly.
Best of luck.
The above statement reflects only my opinion and is not to be used as advice to buy or sell any security.
My two top picks are:
PMRX very hot beginning monday, I expect it to explode. The results of assay samples are back and assay at over 93%.
IPKL will blast off as soon as management brings home a signed contract. they are in china now and are due back anytime now.
I am as well as my family the holder of a lot of shares in both PMRX and IPKL.
The above represents my opinion only. Interested parties should do their own research before taking any action.
GLTA
My top bet for monday and the whole week is PMRX.
GOLD and precious stones. The results are in and should be published on Monday via a PR. Look for it.
Investigate before you invest. All my opinion only.
I have has 2 conversations with IR. The last conversation was friday late afternoon and the results were in and the gold tested over 93% for two different samples. He said he expected a PR as soon as written confirmation was received and they expected a pR as early as monday prior to market opening but could not confirm the timing. He was overjoyed and said he couldn't see why the stock wouldn't hit 25 cents and more. He compared it to another company, the name of which escapes me.
Now its a waiting game, so sit tight everybody.
the above is my opinion only do your own DD.
I don't think they would dilute a sub penny stock when they can wait a few days and float stock at 10 cents or better. Thats if they were even into diluting with a new issue. I think you are way over reacting. The PR doesn't know when the release will be monday or tuesday. the sooner they release the news the faster the rise in stock price. Logically what do you think they will do?
This stock is money in the bank. You have anticipation jitters. Relax and enjoy the ride.
My opinion only, do your own DD.
The only way I get excited now a days is by some youg chippy walking by in a mini skert. But at my age all I can do is get excited. But you are right. All the stock and its a hell of a lot more then 500,000 share, I put in my kids accounts. I can't use the money and they can. All together i control several million. Its a stock with fantastic potential and who knows where the top will be if there is a top. You can play all these penny and sub penny stocks and hope for a 5 to 10 times return and after all what do you have. a tenth of a penny stock that goes ten times is still only a penny. Don't get me wrong money is money but when you come up with a stock thats less then a penny and will most likely go to beyond $2 in a year you are talking instant millionair. Its a once in a life time investment.
Thats why I dove into it.
The above is only my opinion and in no way should be used as a confirmation to buy or sell. Do your own research.
Well I haven't posted very much today because I've been out telling all my friends and relatives about PMRX. Monday will be very exciting.
No sense spouting off about PMRX because Gold is Gold and we've got a lot of it and this translates into a run on the stock. Enjoy the ride everyone.
My opinion only. Invest at your own risk, but first investigate.
PMRX...GOLD in your pocket.
After my conversation with Public relations and the information that the samples tested were 93.2% and 93.7% gold I started to think about what that translated in the way of cash to me. From my research of similar companies I see a patern of between $2 to $2.35 per share after 1 year and an uphill climb from the announcement. I was told that an announcement in the form of a PR should come monday with additional PRs to follow in the following days. I strongly believe this will in fact happen and anyone that has 500,000 shares within a year will be a millionair.
The above is only my opinion and I suggest you investigate before you invest.
To all you holders of PMRX that have 500,000 or more shares I believe that within 1 year you will be a millionair.
This is based on stock performance of other gold finds of similar companies.
The immediate rise in the stock should start Just after the PR from the company. If you took notice on friday, the MMs played games with the stock price. They are linning up for the kill.
The gold samples as related to me by the IR said the assay valued the samples at 93.2% and 93.7%. For those of you that have no idea of what that means...those are killer numbers.
The above represents only my opinion and any investment risk is on the investor. Investigate before you invest. Good luck to all.
Atiwari;
This is my last post:
You ask will I be able to buy on Monday. Sure, but at what price I can't say. I really can't advise you to buy or sell. You have to make those decisions yourself. If I hade more money I would buy more, but that me. The only thing I suggest is do what you feel comfortable with.
I own it and my daughter owns it.
The best of luck what ever you decide.
The above is only my opinion and the burden of risk is on you.
Research before you buy or sell.
GLTA
Signing off for the day. Everybody enjoy the weekend.
The results are in. Its 90% gold and they hope to have a PR out monday.
Did you notice the MMs screwing around. They scared the hell out of some week shareholders and the MMs cashed in big time. Notice at the close they brought it back to .0089. I believe monday begins the ride. hang on and make money. The PR believes it should hit at least $.25 and that cheap. longer term I'de guess a buck or higher.
This is my next to last post.
The above is only my opinion trade at your own risk.
I know and so do the MMs that why they are loading up cheep.
Hosey you are full of crap. No broker is or will allow shorting of a sub penny stock. the only ones that can get away with that are brokers or funds. The reasons the stock is going dow is because the brokers are accumulating the stock in anticipation of covering their own shorts. If in fact you were able to short this stock you would lose your ass. The first thing you have to do is get an education. I see by your stupid questions and your faILURE to do your own research you know enough about the market to be dangerous to yourself. Do yourself a favor and read some books. Come back in a couple of years and maybe then you will be ready to invest.
My opinion only do your own DD.
Just go off the phone with Rich Kaiser. The preliminary assay is 93.2 to 93.7% gold. They are waiting for the formal report expected either today or monday. Gentlemen we have a a home run hear.
The above is my opinion only do your own DD.
Hosey: It seems like you want us to do your work for you. Why don't you call IR and ask them a bunch of questions and put your mind at rest. Or are you just here to bust balls. A true investor will get off his duff and find answers to questions that trouble him. Its an 800 number go call it.
I just bought 70,700 more @ .0095
I only have a small qty of MXXR in my daughters account. I've been switching my junk and buying PMRX and IPKL. I like them both. MXXR is way off in 2007. Gold is a better investment now especially with the warm weather in the East and the Gas is the highest inventory ever. The price of oil and gas will fall while Gold is going up. In PMRX we also have the advantage of precious stones. Oil will go up when the driving season begins. Gold will be going up as long as there is hostile governments and terrorists.
Thats why I like PMRX so much. Its a hedge against the crazys.
The above is only opinion and you should use your own judgement before you buy or sell any security.
You may be right. That was Howie1 I believe. He sold and bought a house and came back to bust everybodys chops.
Its his loss. We accumulate and the results will be monday.
Just focus on this little tune:
To the bank, to the bank, to the bank, bank, bank bank.
Its like having a money tree in your back yard.
PMRX = Money tree.
I don't have a radar but I bought it anyway.
I just like the way it sounds. Just break it down:
P M R X --- PM after noon RX perscription.
Well you may ask what is the Afternoon perscription for?
Its to get rich!
PMRX is GOLD!
PMRX has a lot of it.
Best of all you can buy it cheap but I fear only today and not for long.
I think you should buy now and spend later.
PMRX is my pick!
My opinion only. Investigate then invest.
Its been said Diamonds are a girls best friend. I don't care I'm not changing my sex for anything.
Gold is a different matter entirely. If you have enogh gold you could make metals and have them bronzed. The more gold you have the more soup you could make. Example. Boullion. There is gold, chicken and beef. I don't know about the taste though. The beef and chicken have a lot of salt, not so with gold. Its just another reason to accumulate gold if you are on a low salt diet.
But the main reason I own PMRX is that I want to be rich and live in the style that I want to be acustomed to.
All my opinion.
Its too confusing for my old brain we need a yound buck to set it up. I'll post on it. My concentration is limited to 10 seconds and then I forget what the hell I'm talking about.
What was the name of that guy that gave us the memory couse?
Oh I remember. It was whats his name.
PMRX ALERT!
Be advised you will need a heavy duty deodorant.
Because with all the gold they find you will be stinkin rich!
The above statement is an effort to get you out of chair and to buy PMRX. We just hate poor people on this board. This is also good for a healthy mind. You will start to think where you are going to spend all this new found money.
Just my opinion.
The problem is easily solved. Get those sneakers with the wheel in the heal.
Other methods that are just as good if not better. When running with gold place gold in a wheel barrow. Push the wheel barrow ahead of you and run at a slower pace to the bank.
Place gold in safe deposit box. Now you can run fast.
Problem solved.
The above is just my screwed up opinion forge ahead at your own risk.
Good morning, I hope:
Most usually I quit after 15 posts but yesterday we seem to have left the subject as to the value of the gold samples up in the air. So I dragged the mrs out of her soaps and put her to work.
The samples taken were many. They sent the samples for assay. The samples were random around the perimmeter. It was thought to be 80% gold. Random samples do not mean the density of gold in all of the area is the same. Each ton extracted will have different density. the random samples taken around the perimmeter is to determine where the greatest density is and so that will be the consentration of excavation.
The results of the assay will eliminate much of the guess work.
The most important thing to consider is WE ARE GOING TO BE RICH!
The above is only my opinion. Always wash behind your ears.
No you are so wrong!
First: Take 80% of 25 kg that is = to 20 kg not 800
Second; I believe gold is not weighted 16ozs to the pound but they use the troy system which is 12 oz to the pound.
OK: now from every ton of rock/dirt if they get 20kg of gold
times (x) 12ozs = 240 ozs. Multiply (X) by 600 or what ever and the dollar number is closer to $144,000 per ton at $600/ton or at $625 / ton = $150,000.
Thats a hell of a lot of money.
Just my opinion, do your own DD.
For your information: Pluto is not where I want my stock to go.
Pluto is in fact, Mickey mouses dog. Do you want your stock to go to a dog?
Thats why I stop at the moon!