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GCOG - has someone charted this already?
What was the name of that old movie Steve McQueen played in as a convict down south, and the cruel guard made that classic remark to Steve:
"I think we have a failyyyaaaaaa to cummunicaaaaaatte."
Alan ... if you never saw that old classic ... you might want to check it out.
TEK - IMO, if Berman becomes a "faithful" Morman ... RSDS stock will make patient shareholders a TON of profit.
If he doesn't become a "faithful" Morman ... he'll fight strong headwinds around every bend.
When doing bidness in Utah ... one has to make Joe Smith smile in heaven, because if some aren't aware, Joe replaced St. Peter at The Pearly Gate.
Aunt Maybel Update:
Ma and I have been waiting patiently for Mr. George Anderson to send us a few ounces of that EM-100 to help unplug Maybel. She hasn't left the commode since I last posted about her condition -- that was weeks and weeks ago.
Maybel used to weigh about 95 pounds. Now she must be up somewhere near 1000 pounds. She's much wider than she is tall. I knocked two walls out and expanded the bathroom for her because she was getting bad sores on her knees rubbing up against the bathroom walls.
It'll take a crane most likely to get her out of there if she ever is able to go. Probably will have to knock a hole in the roof for that to work.
We take food to her while she sits there and we put pillows around her and wedge 2" x 4"s up against the floor and the pillows so she can take catnaps easier without banging her head bad.
Her skin color turned pale-white after the first few weeks then slowly began to change to a light brown - medium brown - next very dark, almost black brown. She almost looks ready to flush down a gigantic toilet herself, poor soul!
Something else we noticed: Maybel used to smile and laugh so much, but she ain't smiled for so long that her lower lip is nearly touching the bottom of her chin now. If her false teeth ever fall out we might have to pin her lip to her nose.
Ma and I was hoping the share price of KSWJ would go up again so we could maybe afford to build a second bathroom. Since Maybel sat down in there, we've been going out back of the garage. Lots of tall weeds and junk back there so no one notices, other than the mailman gives funny looks sometimes if the wind kicks up just right.
I don't want to put anyone out, but if anyone who knows Mr. Anderson, would you please be so kind to ask him to send us some EM-100 right away. Ma and I would be so darned happy, and Maybel would be too. Maybel has a hard life. She's not a complainer, but you can tell life is getting harder and harder for her.
Well, got to go out and feed the hogs. If something doesn't happen pretty soon, we'll be able to feed Maybel to the hogs! They certainly would have plenty of food to last them a good long while, that's for sure.
Thanks for caring, and we'll patiently keep waiting ...
Lucky
Thanks DDC3tx! Thought so, but wanted confirmation.
Bearclaw (or anyone else who cares to reply): Wondering if you can teach me something. Regarding the Share Structure just listed:
-- Common Stock
- Restricted: 20,685,069
- Free-trade Certificated: 543,631,207
- Free-trade Electronic or "Street Name": 913,109,515
- Total Issued and Outstanding: 1,477,425,791
-- Preferred Stock
- Total Issued and Outstanding: 10,000,000
I don't have a real good understanding of what these two terms mean: Could you help me understand?
What does "Free-trade Certed" mean?
What does "Free-trade Electronic" or "Street Name" mean?
TIA
Lucky
Uwlungman: Your post about Shorty targeting certain companies with full intentions of never having to cover, in my opinion, is the closest thing to the truth that has been posted on this board all day.
Uwlung: We're on the same page; thanks for comparing notes!
TEK: Thanks for the notification and invite! Much appreciated.
Blessings tons!
Lucky
Highline: As long as no one opposes your slams on this board about Alan and ETMO, your TRUE character of the two begin to glow brightly.
Then one little post of confrontation to you and you seem to quickly come back with words that appear that you are a true long, though a bit discouraged like many of the other longs in this stock, no doubt.
I was married to a gal once who after some fashion ended up doing the same thing you do here: She turned from good to evil in the blink of an eye ... but BOY was she "creative" at covering her tracks. Disgrunted wives will do that to you if they ever feel you've betrayed them.
I betrayed her, as far as I can tell, by loving my Sandcar more than I loved her. She got even. Her lawyer made certain that I had to sell that Sandcar to pay her lawyer fees!
See ... what bothers a bunch of folks who read basher's post like yours is that there is no sense of true outrage whatsoever against the parties who naked shorted the crap out of the share price of XTMS earlier this year and forced Alan to waste a lot of extra time and resources to play on some fair playing ground. Why shucks ... it wasn't their fault at all, was it?! Absolutely was the fault of Alan, right? Put all the blame on him.
Naked shorting has become so prevelant in these pennystocks that has it become any wonder that CEO's almost are now FORCED to lie just to keep their stocks from being shorted even more ruthelessly?
When I see you join the crusade to expose and help curtail naked shorting by some of your posts, THEN many of us might began to feel better about reading your posts.
HA - You don't REALLY care how we feel anyway, do you?! That's not the purpose of a basher of your grain, we realize.
Thus this is a wasted post, correct?
I can see your smile and your head bobbing up and down; you're welcome for the little thrill.
P.S. Ohhhhhhhhh my Lord. A thought just suddenly occured to me. You wouldn't happen to BE my ex-wife, would you, or Alan's ... Highline?!!
Highline: As a favor, could you maybe make your posts a little more negative about Alan? IMO, you really are much too nice to him on this board. So C'mon, be real with this board. Tell us what you REALLY think of Alan and ETMO, what say? Put more passion into your posts. Don't stay on the fence, lad. Let your venom spew forth like an ugly belching volcano, what say?
DLT: Six gold stars for you and your last post! I planned on giving a similar post as a Part 3 to my Part 2 when I got back from the beach later today, but you said it BETTER than I could have!
Now then ... off to the beach. Snow will be flying here where I live sooner than any of us care to think.
Later, and thanks, DTL for your post. I think MANY can learn valuable insight from what you've shared.
Having had a few hours to think matters over, I feel to add a Part 2 to my post from Friday evening.
Though I have no proof whatsoever of what has really gone on behind the scenes since January of this year ... I am of the very strong opinion that when XTMS had its big run, and THEN had it's share price "taken down and raped" ... I would not doubt in the least that there are STILL many FTD "fanthom shares" that whoever issued them would love to just never have to deal with them.
I think Alan may know all about this, but simply won't share it publicly, I would guess, because it might be an important means by which he can win against these "Pennystock Rapists."
Let's say I'm right more than wrong with millions of FTD shares still out their on XTMS/ETMO. Wouldn't it be to the advantage of those who executed those FTD "digital ficticious shares" to see ETMO be forced into becomeing their "slave" indefinitely?
No - they wouldn't be able to bankrupt the company ... but if they can successfully maneuver this stock to $.0001 bid/.0002 ask for months and months and months ... would they be much "safer" in never having to come up with real shares to cover those FTD's, and essentially the "problem" would just go away for them?
I bring this up because I think there are posters who post on this board to help "assist" in this strategy. They'll find it truly delightful in using VLF's post on Friday to now put more doubt and suspicion in Alan than ever before, IMO.
I want Alan to succeed over these folks, if in fact, there ARE a gazillion FTD's still out there, which I'll always believe there are. Persoanly, I wouldn't have to look much further than the Brokers who have restrictions on this stock right now, but HEY ... it may go further than that.
Those who now want to crucify Alan ... please strongly consider something before you do. Alan may just be the catalyst someone/s needs to put a stop, or at least slow down, this Naked Shorting monster from growing even larger and stronger. It's worth losing my investment in this company if in the end, he's able to help THAT cause.
Lucky
VLT - Five gold stars! Alan can grow leaps and bounds in wisdom as a CEO if reads your post over and over. All truly successful CEO's must learn sooner than later that to have a "postive spin" on one's company is absolutely necessary ... but so isn't honesty, integrity, and no "stretching the truth.
Alan ... read VLT's post over and over ... and you will be much better for it if you respond in a humble manner to his email to you. Your company DOES have great potential.
Just another thought regarding your stock being shorted so terribly. The one's shorting your stock know how to smell a Pinko "big shot" half way to the moon. They'll short you just to humble you, and they can DO SO INDEFINITELY. Every Pinksheet company that had an honest CEO at the helm with the hint of profits coming forth has always eventually been rewarded by the Market Makers. Bullshit artists they punish, and take great pleasure in.
Lucky
Makes: Appears I should have bought yesterday afterall. Wasn't planning on news out so quickly.
With any luck, this baby should run some as the day progresses. If the sellers will stop this morning ... might see this get a very nice run later.
Wish everyone success!
Moved some elcheepo sellers out today. BUT ... as long as this stays down in the $.0004 bid area ... going to have quick flippers and MM's jackin' the share price around.
Summer is TOUGH in pennies without wazoo news getting released on a regular basis. Like MOST pennies through the summer months ... this puppy may not run very well until more money returns in September. Vacationers suck ... (Unless it is YOU on vacation, right?!)
HOWEVER, with a burst of positive news, and/or ... If we get a catalyst that brings Uranium to the FOREFRONT ... momentum can come pouring into this stock like Niagra Falls filling an empty jug of Old Loofmans. That's the HOPE and P0SSIBILITY that lies in stocks like RSDS, anytime of the year.
Don't be discouraged with today's action. Summer doldrums -- grrrrrrrr -- yet something "unexpected" can send us flying upwards in just a couple of HOURS!
Appears that desperation has set in today with a little 504 unloading. I'll gamble that in a few days it gets cheaper than today.
You got THAT right, Makes! (Per your latest post. Preserving my 3 posts per day: sorry)
P.S. - Hey you guys unloading shares of TRSI. You could get a lot more for them if you wouldn't unload them on the day a PR is issued. Got to be a little more discreet, dudes.
P.S.S - Hey MM's ... how about buying some shares at $.004 or above to get this moving back UP? C'Mon ... be BOLD!
Very enticing here at this price. Hmmmm ...
Maybe cheaper tomorrow?
Loof: Ever emailed Mr. Berman to see if he would be interested in hiring Tessi Mae to be his personal secretary, or perhaps even his Drilling Engineer once things get in fuller swing up Utah way? What could it hurt?
Well ....
Aggie: Don't mean to be a source of agitation, but by WHOSE definition is the share price undervalued?
In Pinko land, IMO, the MM's and the Brokers and those little old obscure Hedge Funds operating somewhere in an off-shore tug boat are the ones who determine the REAL value of a penny stock, and however they can make the fastest return and safest return on their investment in that stock is what it ends up being valued at - sadly.
Aggie ... without news, I think odds are better the share price will close closer to $.002 than it will $.003, regretably. I just don't trust management when it comes to them selling into runs or not.
I'll be the first to admit I'm wrong about the EOD share price if it proves otherwise.
LUV: Thanks for post # 29128. Keep up the great work!
In case some haven't seen this yet:
MUST READ!!!!!
READ CAREFULLY - THIS IS MAJOR TIMELY NEWS FOR ALL INVESTORS AND TRADERS!!!!
Sen. Bennett Renews Call for Hearing into Stock Market Fraud
by Mark Faulk
In a speech on the floor of the U.S. Senate today, Senator Bob Bennett (R-UT) called for Senate Banking Committee Chairman Chris Dodd to conduct a hearing into stock market fraud, <bspecifically addressing the issue of naked short selling. Sen. Bennett has been a long time proponent of stock market reform, and was instrumental in proposing a Senate Banking Committee hearing into naked short selling as early as late 2004, which were eventually shelved by then Banking Committee Chairman Sen. Richard Shelby (R-AL). He said that Sen. Dodd, who has entered the 2008 Presidential election, was willing to conduct a hearing into the issue:
“I think it is serious enough that we ought to have a hearing about this in the Banking Committee, and I have spoken to the Chairman of the Banking Committee, Senator Dodd, and asked him if it wouldn’t be possible for us to have much of a hearing at some point in the future, and he’s expressed a willingness to do that. I can understand, we can’t set a time for that right now. There are too many other things going on in the Banking Committee, but I’m delighted to know that he’s willing to cooperate with us in examining this. And I would like to suggest several things that I would like to discuss at that hearing.”
A source close to the issue said, “Senator Bennett has spent an enormous amount of time studying this problem, he’s intimately familiar with the abuses in the stock market. This speech is his opening salvo.” He went on to say that “We need an avalanche of letters and emails from every state in the Union going to every member of the U.S. Senate, urging Sen. Dodd, the chairman of the Banking Committee, to hold the hearing on Sen. Bennett’s recommendations.”
After first explaining the basic issue of naked short selling to his fellow Senators, Sen. Bennett then addressed the SEC and the creation of the DTCC, and their role in trade settlement, and how the need for a system to facilitate trade settlement led to the creation of the DTCC, or the Depository Trust and Clearing Corporation. He said that the while the DTCC is regulated by the S.E.C. that” I don’t think that last statement is true. I’m not sure that the S.E.C. has control over the DTCC. He then quoted from a Wall Street Journal article that said, “Almost all stock is now kept at the company central depository and never leaves there. Instead, a stock buyers’ brokerage account is electronically credited with the securities entitlement. This credit can, in turn, be sold to someone else.”
Then Sen. Bennett described how electronic settlement, which he called “replacing paper with electrons,” can “provide cover for naked shorting of the stock” because shareholders are given an electronic credit for the purchase instead of physical delivery of the shares. From there, he described how electronic trading, and the DTCC’s practice of keeping shares in what has become known as the “DTCC Borrow Pool,” invites manipulation of the system:
“So this happens: a short seller enters the market and says, “I want to short—I want to sell 1,000 shares of XYZ stock so at some point he has to produce 1,000 shares to cover his sale. How do you do that? You borrow the shares. And then you buy them back at some future time. All right. From whom do you borrow them? The DTCC. They have all of the shares on deposit. So you go to the DTCC and you say, I want to borrow 1,000 shares of XYZ stock. They say, fine, we have them on deposit and will lend them to you so you can use them for your ‘short’ sale. All right, everything’s fine. Except that, in this electronic age, it is possible for you to keep shuffling around the electronic impulses that represent the stock and never, ever, have to buy it back. Stop and think about that, Mr. President. That’s a pretty good business plan. You can sell as much as you want and never, ever, have to pay for it. You could go in, the stock trading at $5 a share. You go in and sell 1,000 shares. You paid $5,000 for selling 1,000 shares and you never have to buy them. Because you are constantly moving around the electronic impulses that represent those shares. You never have to cover.
Now, when you talk to the DTCC people they say ‘No, we always make sure that there is a delivery and if there’s not, it’s not our fault. It’s not our responsibility to police this, it is up to the brokerage house to do this.’ The S.E.C. has spent enough time looking at this and enough time talking to me that they issued to me a three-page letter outlining the steps they have taken to stop the practice of ‘naked short selling.’”
After talking about recent rules implemented by the S.E.C. in an effort to deal with the problem of naked short selling, he talked about another method of circumventing the rules, a scheme that is commonly referred to as “stock kiting,” where two brokers pass shares back and forth between themselves, with each one holding the shares for thirteen days, the limit before forced settlement of the trade, and then passing it back to the other broker, where, according to Sen. Bennett, “they ping-pong these back and forth as long as they want. So you can have a situation where people are selling shares that don’t exist, taking commissions on the sale, and the profits of the sale, and never ever having to produce the shares.”
Bennett also said “I think a Congressional hearing is a good place for those who are running the DTCC to explain to us how it really works. And I would like the S.E.C. to come in and give us their background and information as to how their rules are working to try to stop the naked short selling.”
He laid out a number of proposals in his speech, including “a rule that says that brokers cannot borrow for short sales more stock than is on deposit with the DTCC. I think that’s just obvious. If there are 3 million shares of XYZ company on deposit at the DTCC, people should not be able to short sell 4 million shares…So my first recommendation would be that the DTCC cannot make available loans for short sellers more stock than they have on deposit. Once they have reached the point that 100% of the shares they have on deposit have been loaned out, they can’t loan out anymore. I think that’s just an obvious, commonsense recommendation, but it doesn’t apply now.” He also said, “there ought to be a rule that says that a broker cannot be paid a commission on a short sale until the shares are delivered.”
"It does not involve very many people, but for the people—to the people who are involved, it, frankly, can be a matter of life and death. And there are enough of them starting businesses and creating entrepreneurial activities in the United States that we owe it to them to find out exactly what is going on with respect to this.
That’s why I’ve asked Chairman Dodd to consider a hearing on this matter, to let us hear from the S.E.C., to let us hear from the DTCC, to let us hear from those in the marketplace who have actual experience with this and see if the present S.E.C. rules are sufficient or if we need to do additional things around the lines of the two items that I have suggested.”
Our anonymous source, who has spent years behind the scenes working for stock market reform, stressed that the hearing could hinge on the level of response from those who have been affected by stock market fraud, saying, “There’s been no bill introduced, but Senator Bennett is prepared to introduce a bill if these issues are not resolved. We need a nationwide campaign to get people to write their senators urging them to tell Sen. Dodd to hold hearings into the issues that Sen. Bennett addressed in the U.S. Senate today.”
--------------------------------------------------------------------------------
TAKE ACTION NOW!!! WITHOUT YOUR HELP, WE WOULD NOT BE TALKING ABOUT THIS IN THE U.S. SENATE....WITH YOUR HELP, WE CAN FIX OUR STOCK MARKETS!!!
To contact your Senator, go to:
http://www.visi.com/juan/congress/
To contact Senator Chris Dodd, go to:
http://dodd.senate.gov/index.php?q=node/3128&cat=Opinion
or write him at:
U.S. Senator Chris Dodd
448 Russell Building
Washington D.C., 20510
or:
U.S. Senator Chris Dodd
30 Lewis St Suite 101
Hartford, CT 06103
MrSchmeg: Thanks for the update.
Any explanation given WHY they want to remain on Pinksheets rather than move to BB status?
Man! Totally forgot about this stock! Bettcha' Rick Berman has TOO!!!!!
PR Monday will move this strongly upwards IMO. No PR will trigger a lot of selling not long after the open on Monday. Let's see what happens.
All have a great, relaxing, warm summer weekend!
Lucky
FCCN appears to be picking up a little steam.
OP9: In regards to your earlier question. I placed an online sell of ETMO shares a bit ago on my Scottrade account ... well above the ask. That means that if I WANTED to, they will at least allow me to sell online, should I want to, which I don't ... so I won't.
I have only $.23 in that particular cash account, (non-margin) so it won't let me place a small buy on line if I wanted to, to see if they would allow me to buy online.
I liked reading the testimony you have in your signature. Sure more enjoyable reading than most of the boards today!
Keep up the great work for the Lord!
Lucky
Risky: IHUB tells me I have one post remaining. Don't know how that happened because I answered MIDTRANS earlier today from a PM on WHERE he can find a broker to short penny stocks here in the U.S. and I gave him "InteractiveBrokers.dot.com" and somehow IHUB didn't let the post get printed. No clue what happened there, but I have my hunches.
Anyway, have one last post this evening, so I'll use it up to make comment on your VERY IMPORTANT question, which every penny CEO would LOVE to get answer/s to, I suspect. (ETMO is near tops on that list, IMO!)
This is my gut hunch ... totally gut hunch ... and it won't buy you a sip of coffee at Starbucks, BUT ... I think one of the biggest barriers Pinksheet/OTC CEO's are up against is that they have NOT befriended enough Market Makers OR Brokers (per Make's posts).
This world seems to me to mostly TRULY revolve around who cares to do bidness with whom. Meaning, Lucky?
Who a person in "higher places" determines to do "bidness" with often is the difference between a half hour dinner engagement, or a quick three minute phone conversation where two pairs of eyes never look at each other over a glass of wine or a cup of Starbucks.
Personal contact and a warm smile and a touch of generosity is what probably puts more million dollar deals together than a thousand emails or phone calls, I believe. If I'm correct, or anywhere near correct ... I wonder just how many MM's and Brokers and Hedge Fund managers will financially rape a penny company simply because they have no clue what they color of the eyes are of the CEO are ... simply because the CEO has never made any effort to befriend them in any way.
It's likened unto a mail order bride. Before you would want to tie the knot with a female stranger, you would want to meet her first, right? How many Penny CEO's realize the importance of making it a point to "warm up" to those who have the power to drive them into $.0001 land?
I realize Penny CEO's may not have the time nor coin to do such a thing, but minimizing it's importance doesn't assure them share price appreciation, I would guess.
Two cents worth.
Riskybiz: You ask a question I've hoped I could get an answer to for some time, as I'm sure many others would like an answer to as well. I HOPE someone can provide us with an understandable and factual answer.
John: You do such great DD on this company; anyway you can did up some quality info on the questions we've been asking regarding what goes on behind the scenes with MM's and Brokers and the share price and volumn these last many days with RSDS?
Makesum ... thanks for all your imput as well on this board today. I have to admit that you're over my head regarding the MM's and Brokers. For some reason I think I get BASICALLY how MM's go about their business, but I am missing something vital when it comes to Brokers. Geeezzz ... the way you make it sounds (certainly no offense -- maybe I'm perceiving it totally wrong???) but Brokers almost seem to more of retails "enemy" than the MM's! Yes, no, maybe so??!!!
Here for so long I though just the MM's were the "bad guys." Seems like I have a great deal to try to comprehend YET about just how many "enemies" we are forced to "battle!"
I think this is my third post for the day so I probably can't respond to anyone with another email this July 17th. Weird, because when I first registered with IHUB, they would only give me three posts a day like they say. Then I had a short subscription of three months for FULL privileges, then it expired a month ago. I had like 21 posts per day for a few weeks after that, then all of a sudden, wammo, back to three per day. What's up with that? Anyone know?
Want to thank ALL of you who responded to my rather lengthly post this last weekend. I didn't respond to anyone who addressed the post because I was packing up and getting ready to get off vacation to come back home.
It seems like there is always about a week's work around home I have to get caught up on when back from vacation, so it hasn't been until right now that I've been able to read the comments you made.
I DO want to thank you for being very civil. I realize that my post was a bit on the potential "negative side," and I surely didn't mean it to be. My GREATEST reason for posting it was in hopes that Berman might read it, and it would assist him in focusing on important matters at hand, whatever HE determines they might be. (Hint-hint: PR's!)
Secondly, my purpose for posting it far transcended RSDS. The post was for me personally to learn insights and wisdom from many of you who have played here in "pennyland" much, much longer than I, and more than likely are a lot more perceptive than I am as well in this respective arena of the stock market.
In all honestly, I've only been down here in "pennyland" observing and playing a little now for growing on four years. I've come to realize that the seasoned veterns of penny's that read these boards and post (or don't post) RARELY let out their "trade secrets" and "savy insights" to the whole world to read, thus every now and then I go out on a limb like last weekend to see just how severely I'll get rebuked for making certain statements that I would like to get some confirmation regarding, or blasted with double-ought buckshot because I'm blowing totally in the wind. Anger and ego brings a few "more savy than I" posters out of their hiding and in correcting us NEWBIE's ... they'll dribble out some priceless insights for ALL of us newbie's to gleam from, on occasion ... hopefully anyway.
Having said all that ... maybe one day we'll get a retired Market Maker who has grown senile who happens to have just consumed a whole GALLON of Old Loftman's Finest Bourban, and get's a bit loose-tongued about how things REALLY work at Nite and the lessor MM's by posting on one of the IHUB boards before a hit can be put on him. Hey, there's always HOPE!
Thanks, guys, for being civil and gentle, and I hope as time passes I can confidently say to myself that I learned a great deal of wisdom and insights in my investment with RSDS and especially reading the IHUB RSDS board. Thus far, I've already learned a GREAT deal that I believe I'll be able to apply to other potential future investments, if I don't go completely broke FIRST.
All have a good day. Got to run another errand.
Not to tamper with anyone's confidence in Rick Berman, nor RSDS, but IMO the "buy and hold" strategy with a Pinkchit company has/is becoming more and more risky as each year passes when:
1): A CEO has done at least one R/S (Reverse Split) in the recent past in a Pinko stock and the stock was NOT moved afterwards to one of the three bigboard exchanges;
2): When a Pinko company is making NO ASSURED revenues whatsoever, and even IF the company claims to be making some revenues ... whoppty do ... how CLOSE are they moving to PROFITABILTY ... (If what they PR about financials can even be believed!);
3): When a Pinko CEO seems to have no believable concern for dilution. (Logic: Would any counterfeiter of money STOP printing fake bills if there was no concern for being caught and punished?)
These are just three factors (though very important, I believe) that I have to believe every Market Maker and many Offshore Hedge Fund mangers (if the HF manager is interested in buying Pennystocks at all, and why NOT to some degree, when they can seem to naked short the peewadin out of them, which we all KNOW they don't, because the SEC would certaintly stop such a thing from happening and ask to be placed under the oversight of our Homeland Security Department ... simply because the SEC is as concerned with Homeland Security as the next flag waving American, right?!).
Shorting IMO has become the BIGGEST factor in WHY buy and holding longer term is becoming more and more risky. If you have played pennystocks for say, at least five years, any person is in TOTAL DENIAL, IMO, if they think that holding longer term in a penny company is less risky today than it was five years ago, or longer than five years.
(If you were are Market Maker, and you saw a Pinko company constantly partisan to dilution in recent history ... would YOU accumulate a huge inventory of LONG SHARES when you know odds are very good other Market Makers most likely will be shorting that stock as retail buying slows, when there is no believable reason WHY a lot of retail/institutional deep pockets are going to buy up long shares as well? Not me, if I was a MM!).
Much shrewder investors than I have said over and over: "Pennystocks are 80% perception and 20% reality." I think that is wise insight.
Anytime a Pinko company authorizes more than half a billion shares to be potentially issued (of course it depends on the respective company and what they purport to be trying to do to move into one-day profitability - laugh-laugh in 99.9998% pinks) ... a shrewd CEO will change that ratio and try to make it 98% POSITIVE perception and 02% reality.
Any Pinko CEO that does not have a good story and does not keep that "good story" ALIVE will become more and more attractive as a "good short."
Remember ... it was no coincidence (of course IMO to cover myself from the wrath of the SEC) that the "Three Day Wait Rule" was implemented in Cash Accounts. Too many savy retail investors were beating the MM's at their game, and the best way with the safest odds of taking money out of the MM's pockets was taking small profits when you got them. Furthermore, the increased volatility and unpredictability of share price fluctuations was taking money out of full service brokers, as well as Mutual Fund managers and customers. (Who of us can say about Hedge Funds, though we sure can speculate, can't we?)
Having written the above ... please don't think this is a bash against RSDS or Berman. I AM a bit concerned, I'll have to admit, with Berman's silence and "interesting" obscurity about certain matters, especially as the days of silence continue to go by. If you read between the lines, I think the paragraphs above should explain why, and I would hope that if Rick reads this ... he'll realize that a rinky-dink website affects PERCEPTION far greater than what he might realize (if he truly even cares). [Righty is VERY RIGHT what he has shared about what a website projects].
I also hope Rick realizes, if he reads this, that his regular communication to us investors and potential future investors is the difference between sustained upwards share price, especially once MOMO hits again, or quicker profits being taken when some MOMO comes our way, simply because confidence has wanned in Rick IMO by many potential investors.
We all know Uranium has BIG potential. We wouldn't even be reading this board, let alone posting, if we didn't believe it DID. However ... I take the strong opinion that in the world of stock investing, especially in Pinks, when a CEO can legally announce a R/S at any time without any prior announcment or approval ... that should put shivers up our spines when we are putting large amounts of money to a Pinko stock ... unless we have large amounts of cash we can afford to lose and we don't really care if we lose it.
I hope I live to see the day when it becomes law, and enforced, when a Pinko company cannot do a R/S without public announcement FIRST, say ... at least a month's warning in advance. If this was done ... I think you would see a lot more money coming into Pinks, and you would see a lot more upwards sustained share price in many Pinko companies you won't see now under current laws [hence a lot less shorting by the MM's].
Afterall ... I'm a true believer that the MM's and Hedge Fund managers will play their best (and safest) odds and bet their money in the direction that will make them the most amount of profit in the shortest and less risky amount of time. Under current laws and current governemnt overside, it is evident to me that shorting offers them the BEST odds of making maximized profits after every major (oftentimes minor) share price rise. Until something changes those odds ... short term IMO is safer than longer term, for us peon retail investors.
Lucky
One buyout offer and this stock explodes.
Two or more buyout offers and .... OH MY GOODNESS!!!!
With some positive news, we should move higher.
With so-so news, most likely little will happen in share price.
With no news, trend continues lower.
We're moving into the doldrums of summer, and Market Makers seem highly motivated to keep taking share prices in pennies lower and lower as summer wears on ... when no major catalyst motivates strong buying in a stock.
This is what my wife says, anyway. Who agrees with her?
Lucky
Pietro: "R/S at the merger with the uplisting."
Are you implying "uplisting" as in moving to the OTC/BB board, or perhaps one of the three big exchanges, bypassing the OTC/BB board completely?
And/OR ... Are you implying -- when the official date of the merger is to happen (PR announcing it's official date) that a R/S might go into effect, or once the merger actually GOES into effect?
Just curious ...
Lucky
A GOOD PR will move this back up, but without one ... betcha MM's will move this back down toward where it started a couple weeks ago.
We'll see ...
I sure hope Rick Berman puts Eric on the RSDS Bored of Derwreckters. Have to believe that would cause BOTH stocks to REALLY sore!
Trader: Fair enough -- very honest and logical answer.
Thanks.
Trader: Care to speculate on what the "true value" of FCCN REALLY is?
Thanks
Lucky