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Last Q was last year. Was a recent Q released?
Silly. I was just kidding!
Thanks for that one! I was trying to eat something before trying to pry that giant splinter out of my finger. I forgot how difficult it is to type using the two finger method. Be happy to type a note to the company though using my two fingers! When I was living in Florida that was known as the "Florida Wave!"
Anyone check with the TA to find out if the OS changed one more time? I'm guessing they didn't have the courage to tell anyone about the R/S. Without financials for this stock, no matter what the symbol, will most likely have a skull and crossbones listed on Pinksheets soon. Hopefully the jedi mind tricks work on the new investors.
Excuse me while I go and barf my kook aid. I've completely lost interest in this one....
You may be counting awhile.
If you were to count one potosi each second until you reach 20,000,000,000, than that would be
Minutes: 333,333,333
Hours: 5,555,556
Days: 231,481
Years: 634 and 2 months rounded (actual 634.1958397)
If you were to count one potosi each second until you reach 20,082,134,229, then that would be
Minutes: 334,702,237
Hours: 5,578,371
Days: 232,432
Years: 636 and 9 months rounded (actual 636.800299)
(Above numbers do not take into consideration leap years, backwardazation, time travel, and potential natural disaters including but not limited to: magnetic polar shifts, time warps, atomic clock malfunctions and worm holes).
You forgot the National Science Foundation, which independently conducted tests on the water treatment system. Must have been paid in shares.
We have a bus too?
AND,,,,,,,,,,,,,the wheels on the bus go round and round,,,,,,,round and round,,,,,,,,,,round and round,,,,,,,,,the wheels on the bus go [i/]
OPTIONS APRIL 13, 2009, 6:38 P.M. ET
Wall Street Journal
Bullish Buzz Builds in Banks, Led by Fifth Third
By TENNILLE TRACY
Options traders focused on financial companies, bracing for a week in which several of the largest banks are scheduled to report quarterly earnings.
But while the bulk of trading was conducted in these larger companies -- with Citigroup dominating the session's activity, followed by Bank of America and Goldman Sachs Group -- there was considerable activity in regional banks and insurance companies as well.
Trading in Fifth Third Bancorp, for example, zipped to five times the normal level as investors picked up 44,000 calls that allow them to buy the company's stock and 21,000 puts that allow them to sell it, according to Track Data.
A mix of buyers and sellers gravitated toward April $4 calls, which are priced at 50 cents and make money if Fifth Third climbs above $4.50 before Friday. The shares closed the session just below that level, at $4.34, up 21%.
Fifth Third is scheduled to report first-quarter results on April 23, after the April options expire. Analysts polled by Thomson Reuters expect a loss of 29 cents a share.
Activity in Huntington Bancshares also was robust, as investors pursued mostly bullish positions in the bank. They flocked to May $2.50 calls, paying 65 cents in hopes the stock climbs above $3.15 before May 15 -- or 10% above Monday's close of $2.86, up 33%.
Elsewhere, there was a flurry of trades in Regions Financial, SunTrust Banks and BB&T.
Monday's activity coincided with gains in the financial sector, fueled by investors who attempted to position for a week in which Goldman Sachs, Citigroup and J.P. Morgan Chase report quarterly results. (Goldman reported its earnings Monday, a day early.)
"The sector is clearly in focus and there are a lot of bets being placed and positions being squared between now and expiration [on Friday], and now and earnings," said Steve Sosnick, an equity risk manager with Interactive Brokers' Timber Hill.
The options on insurance companies Genworth Financial and Allstate also saw some action.
In Genworth Financial, traders appeared to be selling April $2.50 calls after the company said it missed a deadline to apply to become a savings-and-loan holding company and, therefore, won't qualify for the Treasury Department's Capital Purchase Program. The company's stock lost 18%, to close at $2.26.
Write to Tennille Tracy at tennille.tracy@dowjones.com
I know how much you dislike pennys, but look at this setup. hee hee.
24 screens!
http://investorshub.advfn.com/boards/board.aspx?board_id=12550
I've got them both going at the same time. At some point though I get tooooo many screens going, with toooo many quote screens going. Not sure, multiple computers at the same time with multiple screens? Getting ahead of myself for sure.
-funmaxus
Hi boca_bobby,
I've been playing around with a few different paper trade sites, and found that trademonster.com has a nice paper trade site. For all the lurkers, its worth a look. Good luck to all.
funmaxus
Nice first post bandybout, and may I be the first to cordially welcome you to Hotel Cali. Also, may I be the first to congratulate you on your first post on I-Hub as well.
I drank a bit of Kool aid sometime ago over this stock and "averaged down", but that was before the constitutional revolution, the epidemic of dengue, contemplations of a stock buy back that was being prepared, which resulted in billions of additional diluted shares.. etc etc. At this point,I'm guessing a number of longs have been through the same emotional roller coaster, to arrive at a point where humor is perhaps the best and only medicine. Afterall, there are a least a few who could have purchased a nice shiny sportscar with their hard earned US Greenbacks, but instead chose to buy some Frankie shares.
IF/WHEN Frankie ever:
1. Produces a real, verified PR
2. Starts earning revenue other than printing shares
3. Enough greedy flippers buy more stock than Frankie's printing press can print them.
4. Gets the skull and crossbones off the Pink Sheets and updates the information with recent financials...
Then:
I might be able to sell at a higher price per share enabling me to break even and then run .... The frustration of longs to get management to cooperate as expressed here on this board, I'm certain is the least of management's worries.
Within the last year Frankie has had to contend with:
1. Falling oil prices from approximately $150 to $34 USD per barrel.
2. Credit crisis, whereby obtaining loans was difficult and particularly difficult for a company attempting to conduct business in a Socialst/Marxist country that is nationalizing everything.
3. The difficulty of Socialist/Marxists who say they only want 50%
4. Epidemic Dengue fever outbreaks
5. Fluctuating commodity prices. Note supply and demand. Metal price goes up, more suppliers enter a market. However, extraction costs also went up at relatively the same time. Price then collapsed leaving many suppliers with excess inventory, piled up at the mines. A few mines, with higher overhead and interest payments went under completely, with product just sitting at the mine. Until some of this worldwide excess inventory is depleted, silver will continue to fluctuate in the present range and then rise in earnest with a return of the global marketplace.
The hard reality is that the macroeconomics, political problems, and epidemic problems, are boring in comparison to the funny PR's the company provides, while we speculate where the money is really going:
1. Helping the coochies out with our hard earned US greenbacks
2. Was that really Petty playing the bongo drums while dancing in the town square? Party thrown with our share money. (see video).
3. The multiple "business trips" were really just fabulous vacations, all expense paid by the shareholders.
4. "The refining plant is capable of processing 150 tons (of shares) per hour..."
It's all humor to pass the time...
I could sell at a loss, but the prospect that Frankie is sitting on perhaps the largest silver deposit in the world keeps me from selling.
IF/WHEN Frankie ever breaks out of the cellar box, I'll be back to cheer leading again. I mean that sincerely.
In the meantime, it would appear that, "We are all just prisoners here, of our own device."
JMO. GLTA.
-funmaxus
I once committed career suicide by suggesting to my boss that she should pursue the janitorial arts, because she could have all the paper she ever wanted and never have to sign any of it. Hee hee.
My scientific calculator calculates the billions quite well, and excel does as well. 20M divided by 20B = $0.001. Therefore, 1M multiplied by $0.001, means that a share holder would perhaps receive 1,000 shares for every million shares held. (I use this word perhaps loosely as I realize the coochies and morales may have their hand out as well). That said, multiplying 1,000 x $0.0000 pps equals $0.0000 unfortunately.
50,000,000 divided by O/S is: 428,057,756 = 11.68% or roughly 12%. You are required by law to fill a few forms out, if you haven't done so already... Best of luck to you.
Some FAQ's
http://www.briefing.com/GeneralInfo/Investor/ToolBox/LearningCenter/edu_SEC_Insider.htm
All forms:
http://www.sec.gov/info/edgar/forms/edgform.pdf
Where to and how to file: EDGAR
http://www.edgarfilings.com/
EDGAR contact info
http://www.edgarfilings.com/contact.aspx
Its a smelly smell. A smell which reminds me of gas, after eating one too many beans or visiting the zoo and smelling llamas from the other side of the park. Unfortunately, I don't smell any money from this or any of it. Particularly disturbing was no mention of Escala. Yes, FMNJ must be anti-money, afterall buying high and selling low seems to be the central theme.
floridaboy,
The answer to your question may somewhat be found in tothe's prior post
regarding the current chart as he did an excellent job. The only thing
I would like to add to his previous analysis was that the volume picks
up around the middle of each month over the last several months. Just
prior to the volume spike, we have mm's along with some retail trading
in and out, despite additional shares being added through dilution.
tothe's prior post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36568814
Spoke with Transfer Agent today, the present O/S is: 428,057,756
No change since my prior phone call made on March 30, 2009.
JMO. GLTA.
-funmaxus
Got to earn my keep somehow on this board while trying to shuffle this paper trading nonsense around. Ok, have another one, and this time I checked to see if there were option plays on it.
FOE - FERRO CP
http://quotes.freerealtime.com/dl/frt/M?IM=quotes&symbol=FOE&type=Options&from_month=03&to_month=06&from_year=2009&to_year=2009&opt_type=Both&opt_str_price=&from_strike=0&to_strike=0
Well, your stock is getting some love from redchip.com
http://www.redchip.com/press/DNAB0406200901.html
Some of my crazy picks for the week:
CNO,ETQ, PGYC, RCCH
boca_bobby, still lurking around trying to figure out how to get the option thing down. Trying to contribute by throwing out a few that look interesting from time to time.
Take care
==================================================
CNO - Room to climb a bit more?
CEO purchased $221,000.00 of shares disclosed on 04/02/09.
==================================================
ETQ - Perhaps a long straddle? (Trying to get the slang down)
- Mining company in Ecuador obtained permission to continue mining 03/17/09.
-Local units of Corriente Resources, Kinross, International Mineral Corp. (IMZ.T), Iamgold Corp. (IAG), Spirit Exploration Inc. (SPXP) and Mariana Resources Ltd. (MARL.LN), among others, currently have mining concessions in Ecuador.
-Changes in Ecuador's mining laws
-Potential buyer for ETQ: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36803196
-Fluctuating metal prices.
==================================================
PGYC - Potential flip if you can still land some cheapies.
- Date : 04/03/2009 @ 3:30PM MONTREAL, QUEBEC -- (Marketwire) -- 04/03/09 -- Patriot Energy Corporation (PINKSHEETS: PGYC) announced today that it has received a formal all cash purchase offer for all of the shares of the company at a price of $0.42 per share in addition to the special royalty unit.
According to the purchase offer, the information circular will be mailed to shareholders in the next two weeks to seek approval of the purchase offer and request the shares be tendered to the transfer agent against payment of $0.42 per share and the issuance of a special royalty unit. The board of directors will also seek to call a shareholders meeting in presence of an independent audit committee to tabulate the results of the vote. The record date is May 22, 2009 and shareholders of record at said date will need to tender their shares to receive the payment and royalty payment.
- Quote : 0.057 up 0.014 (32.56%) @ 4:29PM
==================================================
RCCH - Lotto pick of the week
Summary: Company announced intentions to uplist to an unamed international exchange approximately one year ago. Last two pr's provided a list of board of directors and intention to move via reverse merger. On the board of directors is, William Hess, who is president of CPVC Bromont Inc, and former president of the TSX-V exchange. TSX-V Ticker Symbol: BBB.P On March 31, 2009, Company requested a halt of trading. Reason for Halt: Company request pending news.
Ticker/Quote for CPVC Bromont:
http://cxa.marketwatch.com/TSX/en/Market/quote.aspx?symb=BBB.P&sid=2967744
CPVC Bromont website:
http://www.cpvcfinancial.com/content.asp?contentID=30
Speculation:
1. Only a portion or subsidiary of RCCH will reverse merge or RCCH will reverse merge the entire company from Pink to TSX or TSX-V.
2. Pending announcement to reverse merge may occur soon.
==================================================
Disclosure: Presently long on RCCH. Found the other stocks over the weekend.
Y'all don't forget this week the SEC is supposed to make up their minds about short selling and naked short selling on April 8. If the SEC doesn't want to do it, then Congress will do it for them. Will be interesting to see how it all plays out.
Good luck to all in another exciting trading week.
-funmaxus
email sent to your gmail account
Important upcoming dates from: Abet Chichi2 (Chichi2)
http://investorshub.advfn.com/boards/board.aspx?board_id=1804
Bank Action Calendar (updated 04/02)
Some traders will sell_on_news
Others will buy and sell into Earnings repts of Key Banks.
Senators' letter to SEC chair regarding short selling, and naked short selling.
Input to SEC meeting Apr 08 on:
Uptick rule, short selling, and naked short selling
A must read
http://investigatethesec.com/drupal-5.5/files/Memo%20to%20Schapiro.pdf
04/08- Reinstatment of uptick rule (SEC has hinted)
http://www.realclearmarkets.com/articles/2009/03/upbeat_on_uptick_rules_reinsta.html
04/13 (est'd) - WFC earnings (date not confirmed)
04/16 - JPM earnings (they must be profitable as they talk of paying back TARP)
04/13-23 (est'd) - GS earnings (they must be profitable as they talk of paying back TARP)
04/17 - Citi earnings (supposedly better than expected)
04/20 - BAC earnings (just received $15 billion from AIG, and all the refis at countrywide)...
04/21- STT earnings
04/21- USB earnings
04/21 - BK earnings
2009 FOMC Calendar- Federal Open Market Committee Fed Meetings
April 28 & 29, 2009 - Rate Announcement - Wed. April 29th, 2:15 pm ET
2009 FOMC Calendar- Federal Open Market Committee Fed Meetings
April 28 & 29, 2009 - Rate Announcement - Wed. April 29th, 2:15 pm ET
June 23 & 24, 2009 - Rate Announcement - Wed. June 24th, 2:15 pm ET
August 11, 2009 - Rate Announcement - Tues. Aug. 11th, 2:15 pm ET
September 22, 2009 - Rate Announcement - Tues. Sep. 22th, 2:15 pm ET
November 3 & 4, 2009 - Rate Announcement - Wed. Nov. 4th, 2:15 pm ET
December 15, 2009 - Rate Announcement - Tues. Dec. 15th, 2:15 pm ET
Note: A two day fed meeting is scheduled for January 26 & 27, 2010 (Tuesday-Wednesday). Each meeting date is tentative until confirmed at the meeting immediately preceding it.
Minutes of previous meetings are released at 2:00 p.m. (eastern time) unless otherwise noted.
You are welcome, glad I could contribute finally to this wonderful board. boca_bobby pointed out your board to his crew following his board http://investorshub.advfn.com/boards/board.aspx?board_id=14762 and I've since board marked your board. Keep up the great work to you and everyone else contributing here.
With regard to the aforementioned post: Will be interesting to see how this game of chicken plays out.
-funmaxus
SIRI - chart: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36766483
Not sure if I agree with the funamentals on the stock, but interesting that Mary Kate is pointing it out...
April 1, 2009:
Senator's letter to SEC chair regarding short selling, and naked short selling.
http://investigatethesec.com/drupal-5.5/files/Memo%20to%20Schapiro.pdf
GTC on Zecco is 1 year
The silly statement of selling 200 shares=
200 x $0.0001 = $0.02. + comm trade fee.
LOL.
Wow, Dow Industrials up 163.44 or 2.11%, at present: 7,925.04. S&P at 829.55. If Dow punches through 8K and S&P punches through 850, we may be on our way to a real rally in big boards.
Translation: Expect some big board movement, especially with financials and anything related. Good luck to all!
-funmaxus
FASB Unveils Relaxed Mark To Market Rules:
Posted By: Bob Pisani
Reports are coming in that the Financial Accounting Standards Board (FASB), as expected, has voted to relax the fair-value accounting rules, essentially allowing banks to mark securities to a model rather than to market prices.
This is being done in response to a blatant threat by Congress that if FASB did not relax the rules, Congress would do so by legislation.
Banks have rallied on positive comments from bank officials about being operationally profitable in the first two months of the year, and on hopes that the Obama administration's many plans to help out banks will bear fruit.
They have rallied again on hopes that mark-to-market rule changes, which will be retroactive to the first quarter, will relieve them from taking further heavy losses on investments.
Regardless, it is likely that changing the rules will: 1) not get any toxic assets off balance sheets, and 2) make banks more reluctant to part with those distressed assets.
Elsewhere:
1) Impressive worldwide rally, particularly in Asia, where Hong Kong shot up 7.4 percent; autos and commodities led. China's March PMI index rose above the magic 50 level for the first time since September.
2) Commodity stocks are rallying, with copper at the highest level since November, most big-name commodity stocks like AK Steel and ArcelorMittal up high single-digits.
3) Bank stocks are rallying, partly on an optimistic tone from the G20, but also because the House of Representatives, in a new display of moderation, passed another executive compensation bill yesterday, which drops the 90 percent tax on bonuses for people that make more than $250,000 at firms receiving TARP money, and gives Treasury more discretion in deciding which bonuses are excessive.
4) Auto dealer CarMax saw its Q4 results beat Street expectations despite a "sharp decline in customer traffic."
While overall same-store sales fell 25 percent, new vehicle sales were particularly weak, plunging 41%. The company anticipates continued weakness ahead, but refrained from providing a full-year earnings outlook.
5) Seed provider Monsanto up 4 percent pre-open reported Q2 earnings of $2.16, 9 cents ahead of the street's consensus. Revenues grew 8 percent on stronger corn and soybean seed sales.
Despite the strong quarter, the company remains cautious for the second half of the year, as its 2009 guidance of $4.40- $4.50 falls well below expectations of $4.69.
6) MGM Mirage is soaring 27% pre-open as the Wall Street Journal reports that Colony Capital is weighing an investment in the casino's $8.6 billion Las Vegas City Center project. Investors hope that a significant capital infusion would save the project from bankruptcy.
3) B of A CEO Ken Lewis, speaking on our air, said "I am optimistic we are getting close to the bottom," and that the next six months will be gut-wrenching "in a positive sense" (whatever that means). He noted that a year from now unemployment should be holding steady or improving.
http://www.cnbc.com/id/30009618
One pair of shorts. No shirt. No shoes.
JMO. GLTA.
-funmaxus
Thanks
$treet Trader, question for you on that Harmon Trader...
Been through a few R/S lately and while my own broker dragged its heels for a few days trying to figure out how to do the math and update the trading symbol, a few posters using other brokers were able to trade on day 1.
So, how is Harmon at handling R/S?
TIA
-funmaxus
"...Might be tougher than figuring out the global economic situation."
Oh, that one is an easy fix.
Thanks boca_bobby. Maybe this should be our new theme song?
Well, my idea of a sweetener would have been far better than the mess unleashed yesterday. If I were holding preferred shares, I would be upset too. From a common shareholder perspective, whether new or existing, this only complicates things further, combined with the break even of 3Q. I hope that management reconsiders their latest move, as preferred shareholders have a valid contract, and changing the terms of conversion from preferred to common may be construed as a breach of contract. Thus, my suggestion of a sweetener to the preferred shareholder or an amicable solution to all, would have been preferable over the changes in the stated contract.
I have always felt that complaining does nothing to solve the situation, and thus try to ask questions or throw solutions out when trying to solve the problem. At the moment however, I'm struggling to find a solution other than a deep regret that common shareholders and preferred shareholders couldn't seem to work together and address management before this latest fiasco.
Unfortunately, the mess isn't over. Clarity with respect to:
1. Total number of dollars in trading pool(s).
2. Consistent updates with respect to share structure.
3. An understanding of what the total break even costs are.
Without this information, longs holding preferred and common stock cannot assist management. All of us, preferred, common and management have a vested interest in getting to break even. How to get management to cooperate would seem another matter however. If anyone has a good idea. Please feel free to speak up.
JMO. GLTA.
-funmaxus
What is L2 showing? I'm not getting filled at $0.0001.