Tip Of The Week: When going through airport customs and you are asked "Do you have any firearms with you?" do not reply "What do you need?"
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that was the goal. to allow dilution to occur and it worked. i don't understand what you are arguing.
you would have said the same thing if I said we'd be trading on the gray sheets 2 months ago.
edit:responded to the wrong message.
Rich
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Thursday, November 04, 2010 8:18:20 PM
Re: Joe1984 post# 33996 Post # of 34004
Yeah... ok
it only moved 2 ticks cause its a bloated pig with large amounts of dilution. plenty of volume was caused by that p.r.
someone who is misled maybe. I wouldn't rule it out that he was deceived in some way just so the p.r. could be released.
edit: or maybe he just helped out a friend (toms) who needed to put out some phony p.r.
you seem very concerned for toms??
is there not a recording of him talking about the release of audited financials? i never heard it personally but heard a lot about it on here.
I believe the dollar is going down (which looks good for my EU long position). 76.40 was an area needed to hold and is now broken imo. 74-75 is first stop imo. breaks below that then 71-72. This also likely means more upside for the stock market and precious metals. all imo.
you think i bought it because of him? i buy a lot of penny stocks. doesn't mean I think anything of their ceo's or the companies themselves. they are all worthless garbage. if you hold them, you lose. bottom line. stay away from the individual stock boards too. they are all worthless as well. jmo.
I'm looking at Cape, not Peak. Peak has nothing to do with CYSG. Anyway, I don't have to try to prove Toms is a loser, just check out the performance of this stock.
i was watching this one for a possible cup and handle pattern a few weeks ago. obviously never panned out.
yea, he hasn't filed in 4 yrs and does not appear likely to anytime soon either imo.
If Respondents fail to file the directed Answers , or fail to appear at a hearing after being duly notified , the Respondents , and any successor under Exchange Act Rules 12b-2 or 12g-3 , and any new corporate names of any Respondents , may be deemed in default and the proceedings may be determined against it upon consideration of this Order
maybe because he hasn't filed anything in 4 yrs. don't you guys believe past behavior predicts future behavior?
CYSG is not a part of DNPI.
thanks
i can't even see gold, oil, or silver on the oanda practice account platform.
I think the EU is in the middle of a longer term uptrend. at least that's how I'm playing it for now. jmo. going to be watching closely these next couple days though in case I have to bail due to the fed meeting.
gotta be more of that smart money imo.
Is he even talking to him? I highly doubt it. It's one riddled story after another as things get worse and worse everyday. jmo.
not much in it. they didn't answer his question about remaining on the pinksheets. just that it would resume trading (which probably means on the greys imo).
Yea so do I.
Nice buy on AXSMF.
yea, I think I saw people trading forex use that and didn't have a clue either.
who the hell knows. what ceo lets their stock get suspended when all he has to do is release audited financials? and why would you or anyone else think he will release them now? why wouldn't he just do it before the suspension? and don't even tell me he's too busy (yet he has the time to call seeclear lol). he's so screwed that getting suspended was his best option. does that not tell you things are messed up? all imo.
like i posted before from the wise lowtrade,
I would suggest some pinks are not scams and small companies continue to operate after the stock dies. The initial funding gave them the cash they needed to reposition their company. And keep it in business for another few years. Yes insider realize retail investors may become hurt. But the get in bed with the dark side, mainly to save their company and don't care what means of funding they have to use to do so.
Penny traders don't benefit from long investments, but the companies sometimes do get benefits. It's the venture capital firms which really benefit financially.
EUR/USD just fell alot quickly too. things seem a little crazy tonight.
What the heck happened with USD/CHF. Shot up out of nowhere.
No need to worry, a 77.6 billion A/S is exactly what Toms needs to execute his "master plan".
TOMS will be on a very short leash by the SEC to post the delinquent Fins on OTC Pink Sheets or the SEC WILL REVOKE THE STOCK !!!!!!!!!!!!!! with possibly more Administrative Proceedings .
By: Peter Schiff
Friday, October 29, 2010
There has been so much discussion recently about "QE 2" that you would think the entire financial sector were about to embark on a transatlantic cruise. Unfortunately, they, and we, are not so lucky. In the year 2010, "QE 2" doesn’t refer to a sumptuous ocean liner, but a second, more extravagant round of "quantitative easing" – stimulus. In the past, this technique was simply called "printing money." As if the nation has not already suffered enough from the first round, Captain Ben Bernanke and the Fed are determined to compound the damage by hitting us with another monetary juggernaut. Their stated goal is to boost the economy and create jobs. However, since economic growth cannot be achieved by printing money, their QE 2 will sink just as surely as the Titanic.
The intent of QE 2 is to lower interest rates to promote job growth and avoid the apparently growing threat of deflation. But the very idea that the economy is weak because interest rates are too high is laughable. Deflation is the market's cure for the asset bubbles that have recently burst, so any attempt to avert it will only weaken the economy further.
In fact, one of the reasons the US economy is in such bad shape is that interest rates are already too low. Low rates have encouraged excess borrowing, by both individuals and governments, and discouraged saving, fueling new asset bubbles at the expense of legitimate investment. As a result, the dead weight of debt has simply overloaded our economy, and our creditors are getting nervous. What we need now is to make hard choices, not engage in more easing – to deleverage, not borrow more.
Worse still, by keeping rates too low, the Fed has enabled the US government to grow significantly larger than it otherwise could had its borrowing been restrained by higher rates. Absent these low rates, Washington likely wouldn't have passed expensive new healthcare and financial regulation reforms; they would be too busy trying to keep the lights on in the Capitol.
For this and other reasons, the bogeyman of deflation is really not a concern at all. It's not a threat because falling consumer prices could serve as a relief for many suffering from layoffs and pay cuts in the recession. Even if it were a threat, it's not even likely because so much liquidity has already been created and an infinite amount could still be created at will by the Fed. Consumer prices are already rising across the board, despite a contracting economy, so what's all this talk about deflation?
The Fed is quick to point to falling real estate prices. But a drop in real estate will no more cause consumer prices to fall than the real estate boom caused them to rise. Real estate prices are too high, and the economy will never truly recover unless they are allowed to fall. It is interesting that when real estate prices were rising, the Fed did not raise rates to bring them down, but now that they are falling, the central bank feels compelled to lower rates to prop them up. If falling real estate prices threaten deflation, why did the Fed not perceive an inflation threat when real estate prices were rising?
My thinking is that, at the end of the day, all this deflation talk is a red herring. The true purpose of QE 2 is to disguise the decreasing ability of the Treasury to finance its debts. As global demand for dollar-denominated debt falls, the Fed is looking for an excuse to pick up the slack. By announcing QE 2, it can monetize government debt without the markets perceiving a funding problem. If the truth were known, a real panic would ensue. So, the Fed pretends buying treasuries is simply part of its master plan to boost the economy, even though, in reality, it is simply acting as the buyer of last resort.
If the Fed really wanted to help the economy, it would raise rates quite dramatically. Instead of preparing for QE 2, it should be unloading the debt it purchased during QE 1. Of course, that is not so easy to do – which is precisely why I was against QE 1 from the beginning. However, even though the exit will be painful, going down with the ship will be even more unpleasant.
Higher interest rates and a commitment from the Fed to refrain from purchasing Treasury debt would force the government to dramatically reduce spending. If we combine less government spending with fewer regulations, reform our tax code in a way that stops punishing savings and investment, stop all government subsidies for real estate so that prices can fall to affordable levels, and allow all insolvent entities to fail, then a real recovery will take hold.
If the Fed refuses to set sail on QE 2, then her loyal passengers might complain, but at least the US will be on solid monetary ground as it tried to rebuild a viable economy. If instead we board QE 2 (and QE 3 and QE 4 thereafter), then we are headed to a sea full of icebergs called interest rate spikes, and all on board will surely drown in a sea of worthless Federal Reserve Notes.
http://www.europac.net/commentaries/keep_your_head_above_dollar
I agree. One of the only posts worth reading on this board. And one of the only ones you can trust is written without bias to either side.
oh, lol. forgot I had that there, thought you were talking about a stock. gotta run out for awhile, have a good day.
chart-wise, I am going to keep an eye on AMD, INTC, and FEIC over the next few weeks. They look to be picking up steam. I marked that post though, so I will be periodically checking up on all of them.
What was my tip of the week? lol
Sounds like it has huge potential.
thanks, good to know.
alot of those look intriguing imo.
no, like I told auroradude, my speculation is based purely on the chart. i have no special news. i would definitely share it. something I was wondering though, do you think people with inside info. could move a currency pair like people do with stocks and give hints as to things to come?
yea, i have a stop loss set lol. i'm taking a gamble with this one.