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IGTT bid dip 0.0007 been sicky.
MPTT stall 0.0004 Flashes 100s-500s
pos CESY diving....
pos IBII Vol 246% 0.0013 TickUppy
Nice Weekend bang 'em don't marry 'em!
AFRR GWDL THTHF red POSssses for Next Week
Beaten like a blind lame puppy. Cruel MMS will get there due.
Bigdawg KKRW fleabag green today bit Vol
It may go in next week.
-----------
KKRW for those who like stinky pinkies..I don't..may be in play for Monday
OGTE Old Goat Enterprises, Love Name
Being added to OTC
OGTE Old Goat Enterprises, Inc. Common Stock 08/11/2003
WLDI Ugly stick day
Capt I see. Me margin. PDT rule killed my day trading
life. $25k may come around some day with willingness to
use it.
Commissions aren't any sweat at Freetrade.com but I
usually hold until at least $100 to good on trade with max
up around $500.
Missed a bunch of LT winners...WEL AAC TRPH
TRPH at 0.14 ran to 1.14
Held a few like INAP. I'm more used to the .05 to $1.00
range of Naz stocks. ADSX ERTH ORCH IBPI ROBV RDRT
Grief is to learn the under rated from BKs.
Trying to learn subs...these percentage moves are
crazy wild!! Never made things like old RMOO for 500%
in day!
Dallas Stuck in AFRR Maybe double at 0.0035
I did bad trade. Thought sent Limit 0.007
but in Quotetracker to broker I didn't remove all
of prior trade in field 0.008. Sent 0.0087 fill 0.0085
Oh well double up at half 0.007 for 0.0035
plus the 0.0085
Then pray for 0.01 to 0.015
Or fly job goes BK in a real Flame Out...hehe
Capt FXGP had no trades 9:34 to 11
Sometimes that means MM searching or awaitung trades.
Then came the volume....never know.
I'm in it. If weren't I agree that confirm needed.
Do like that it is higher than yesterday. 2 days of
that might be a sign of pop. Did well with this
flying pig back March & June-July. BUT swing trades.
Since you may prefer day trade, this is too erratic.
ooops! FXGP POS AWAKE ALERT .0032 +18.5%
FZGP POS AWAKE ALERT .0032 +18.5%
IBII Death Rattle? 0.0010 bit Volume
IVOC agreed POS showing life moves
Ugh Dallas BEVI(E) on List!
Is it better to play any stock Long when the E added in
hopes of selling later when E is dropped?? Depending on
the stock for sure. Naturally some that are going to be
BK or shut down - they just accept the E rather than
bother paying fees to timely file (gonna be gone anyway).
Or is E such a Red Letter that stock should be avoided?
Guess so many of them these days it doesn't matter much.
R/S seems more punchy to play.
chat later - gotta run
LSTA sweet Dallas Luck tommorow!
Off for now. Thanks for all the fun here.
CMKM diamonish News 3pm
Release comes after the TSX story the other day. Sold off.
News for 'CMKM' - (Casavant Mining Kimberlite International Recent Developments for Fort a la Corne)
LAS VEGAS, Aug 7, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite
International (Pink Sheets:CMKM) is pleased to report that progress continues to
be made in developing the company's exploration interests by continuing work in
the Fort a la Corne area and in its target area selection elsewhere in Canada.
Exploration Geologist Dr. Mark Hutchison recently completed the necessary
paperwork to retain CMKI's interests in claims surrounding and adjacent to the
Kensington (KRT), Cameco, DeBeers Joint Venture and Shore Gold's (CDNX:SGF)
diamond-bearing properties in Fort a la Corne. Approximately 192,303 acres were
successfully claimed by a numbered Saskatchewan company on behalf of the company
which allows Casavant Mining mineral rights for two years for drilling and
exploration.
A recent drilling and sampling program conducted by The Fort a la Corne Joint
Venture operated by DeBeers Canada Exploration Inc. recovered a 10.23 carat
diamond from the drilling phase of the 2002 advanced exploration/evaluation
program as published in a press release dated May 21, 2003, for Kensington
Resources Ltd.
While presenting research at the recent International Kimberlite Conference in
Victoria, B.C., Hutchison was able to discuss at length issues pertaining to the
Fort a la Corne prospect. "It is generally understood that Fort a la Corne
contains some of the world's largest kimberlite bodies, many of which are
significantly diamondiferous," said Hutchison. "In the context of Canadian
diamond geology, it is widely held that Fort a la Corne is likely to produce an
economic kimberlite body which in terms of quantity of stones could easily match
total Canadian production." Hutchison obtained numerous independent opinions
from informed members of the research community supporting CMKI's strategy of
target selection by Geotem technology. Although analysis of Geotem data has not
been completed, initial indications from surveys flown over CMKI claims are
proving promising. Hutchison also was given the opportunity to examine core
samples material from diamondiferous kimberlites obtained by DeBeers and other
third-party operators from targets nearby and next to CMKI claims. CMKI is now
in a position of heightened confidence in the ability to interpret forthcoming
core from its own claims in what are expected to be unusual and interesting
kimberlites.
CMKI management is very pleased to be operating in an area of significant
diamond potential and within a climate where Canadian diamonds are receiving
deserved intense international attention.
While continuing to focus on Fort a la Corne, CMKI is remaining proactive in
expanding their asset base through target acquisition elsewhere in Canada. A
small-scale exploration program has now commenced looking at the geochemistry of
heavy mineral samples obtained from a very promising and poorly developed target
area. Negotiations are currently underway with claim holders, and once
agreements are in place and geochemical data is available, further information
will be released.
As announced prior, Casavant Mining is currently waiting for approval for drill
permits to begin the drilling phase of previously determined high-priority
targets.
There is no guarantee that drilling or further exploration will produce any
economic benefit to the company or the shareholders of the company.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements, other than the statements of historical facts, contained
in this release which are not historical facts, may be deemed to contain
forward-looking statements with respect to events, the occurrence of which
involves risk and uncertainties, including, without limitation, demand and
competition for the company's products and services, the availability to the
company of adequate financing to support its anticipated activities, the ability
of the company to generate cash flow from operations and the ability of the
company to manage its operations.
SOURCE: Casavant Mining Kimberlite International
CONTACT: Casavant Mining Kimberlite International
Diamonds Hotline
Melvin O'Neil, 306-752-3755 or 877-752-3755
Fax: 306-752-3754
ipr@sasktel.net
rager KAHI R/S not sure S-8 filed
Looks like 15 Mil
KAIRE HOLDINGS INC files Form S-8, Registration Statement of Securities to be Offered to Employees Pursuant to Employee Benefit Plans
Aug 5 2003 4:33PM ET
Pinks shows $530k cap and 583M OS
KAHI POS near LT lows 0.0005/0.0007
-16% Tic down
Looks good <0.0005
Motley Fool story on Penny PUMPERS Names!
Catch you guys later. Gota run errand - new keyboard.
Careful out there. Thanks Dallas & Captain!
http://www.newsalert.com/bin/clipstry?StoryId=CpZb9qcObq29TBwvUDgfYEta4mdyYmdaZyM0&TopicName=NEW...
August 07, 2003 07:10
Hype, Spam, and Penny Stocks
My email is a pretty good indicator of the level of speculative froth in the market. Lately, my inbox has been rotten with suggestions that The Motley Fool is wrong, dead wrong, in shunning penny stocks. Wildly overvalued stocks like Chinadotcom (Nasdaq: CHINA) and Ask Jeeves (Nasdaq: ASKJ) don't offer sufficient volatility or risk, apparently. To get really, really rich you must head to the over-the-counter markets or the pink sheets.
Curiously, that same inbox is crammed with whining missives from folks who have invested in worthless pieces of dreck like Jag Media (OTC: JGMHA) and are now convinced that "naked shorters" are conspiring to take down these stocks. Naked shorters there may be, but let's not lose sight of what's flatly undeniable: Most of these companies need no help at all destroying people's money.
So, to recap, some complain that we're ignoring "golden opportunities." Others complain that we don't cover a great conspiracy that is costing investors millions. And yet, dare say a negative word about a penny stock, and the hue and cry from the faithful is astounding.
Oh, and yes, as I predicted, those lovable misfits from Cyberfast Systems (here's an update on these guys), InvestAmerica (OTC: INVT), Microaccel (OTC: MIXL), Centraxx (OTC: CNXX), and Broadband Wireless (OTC: BBANE) all destroyed almost exactly 100% of their shareholders' money.
But what of the others?
Last year. I launched a mock portfolio of penny stocks, inspired by month after month of promotional reports on Cal-Bay (OTC: CBYI), claiming that it would soon move from $0.30 per share to above $2. I wasn't alone in noticing this -- watchdog Stock Patrol noted the same.
(Typically, shills are paid either by the company itself or some large investor to hype the shares, which they then dump on the public. But just so we're clear here, in many cases the company has nothing to do with the promotional schemes. They act merely as bait, Cal-Bay apparently among them.)
Anyway, I handled my mock portfolio as follows: Whenever I received one of those email promotions -- those "research reports" -- from a fly-by-night outfit like Bullseye Stock Profiles, Stockupticks.com, or Urgent Investor Notice, I would "buy" approximately $1,000 of the stock for my dreck portfolio.
In this manner, I could track what would happen if the world's most gullible investor swallowed every one of these come-ons. In all, I tracked 27 stocks, 25 of which were listed on the pinks or over-the-counter. One traded on Nasdaq and another on the American Exchange.
Six companies no longer exist. Only one, IBX Group (OTC: IBXG) trades higher than it did when I began tracking, and with an 11% gain, even that one trailed any relevant benchmark. My conclusion: The people who bought into these scam "research reports" have been fleeced, taken in by greed, gullibility, and more than a small slice of stupidity.
And for the record, Cal-Bay's one-year return was a minus 88% (the stock now trades at $0.035 per share). That's only slightly worse than the group average of my mock portfolio, which was negative 80%. Here are some of my favorites:
China Xin Network (OTC: CXIN) was recommended in July, reorganized in November, and still has negligible revenues and, as of the latest report, $170 in cash. The stock is down 18%.
Goldspring (OTC: GSPG), recommended at $2.25 per share, is now at $0.08. A loss of 96%.
Gateway (OTC: GWDL), a vitamin supplement company from Las Vegas, declared a 1-for-3,000 reverse split. I now own a tiny fraction of a share. That's roughly a 95% loss.
T & G2 (OTC: TTGG) is down 77% from $0.89 to $0.20. Given that the company had less than $2000 in revenues last quarter, I'm not sure what the stock price is based upon.
Indiginet (OTC: IGTT) is down 99% to $0.0009 per share. $7 in assets, no revenues. I'm sure the 1-for-250 reverse split coming up will help.
Powder River Basin (OTC: PRVB), formerly Celebrity Sports Network, is a natural gas company in a great time to be a natural gas company. Total revenues: zero. Number of shares: more than doubled in a year. Loss: 91%.
Decorize (Amex: DCZ). A listed company, Decorize manufactures home furnishings. It was recommended at $2.45 per share and currently sits at $1.48. The company gobbles up cash -- $1 million in the last 9 months, compared to $1.9 million a year earlier.
Sharps Elimination (OTC: SEMT) is a name and industry change. The company was actually recommended as Travelshorts.com. That had something to do with travel; this has something to do with safe needle technology. Total loss of 12%, but I doubt Becton Dickinson (NYSE: BDX) has much to fear.
Voyager Entertainment (OTC: VEII) cost me 94%. Planning the world's tallest Ferris Wheel, in Las Vegas, of course. No revenues.
TS&B (OTC: TSBB) took in $10,000 in revenues for its last nine months, down from $400,000 last year. Share count up 150%. 92% loss.
Ameridream Entertainment (Pink Sheets: AMDR). I don't even know what this is anymore. There's no record of it except as an entry on the pink sheet site. I "purchased" it at $0.90 per share, just like the man said. Total loss: total loss.
Star E Media (OTC: STRE) came courtesy of Stock Upticks. It's a children's education company, "positioning itself to become a participant in a global market estimated at nearly $4 billion." Down 64%. A very, very minor participant, apparently.
Broadband Wireless (OTC: BBANE) is an all-time favorite. I panned these guys in 1999, and here we are again a hyped penny stock in 2002. Not much better the second time around. Loss of 62%, and the company is a month late with its 10-Q.
Thoroughbred Interests (OTC: TBIN) is, you guessed it, a publicly traded horse trader. Should have gone with Seabiscuit; this one came up lame, down 83%.
Hunno Technologies (OTC: HUNN) came via a "service" called Growth Stock Alert. The come-on for this fingerprint identification technology company includes the line "Imagine if you could travel back in time and buy into Cisco Systems (Nasdaq: CSCO) in the early 1990s just as it was going public..." Yes, I'm imagining. I don't see Hunno. Stock drops 90%.
Paystar (OTC: PYST) may be my absolute favorite. It's the "leading provider of Internet Kiosks." At the same time that Stock Upticks was "featuring" this company, filings revealed that it had "going concern" issues. Someone posting as "stockupticks" claimed on the Paystar message board at Raging Bull that his company doesn't recommend companies, that it "simply showcase[s] their business plans to our database without an opinion as to present or future valuation." While this is technically true, I don't recall seeing the "going concern" mentioned, either. Down 62%.
Entreport (OTC: ENPO) died after a December reverse merger fell through. Loss of 100%.
Aampro (OTC: AAPO) currently trades at $0.12 -- a decline of "only" 23%. What does a company with a stock trading just above a dime do? Splits 3 for 1. That's planned for the end of this month and will "assist with current and future corporate goals and strategies." Wow.
Overall, the results are startling. I figured that these companies would trail the market, but the sheer loss staggers me. Sadder still is that if there was an insufficient supply of suckers out there, these promoters wouldn't make a dime. But rest assured they did much, much better than their "clients."
What's the lesson? Isn't it obvious? Taking big risks with your investment dollars is just that -- high risk. I'll go one step further: Those who buy shares based on random spam emails aren't investors; they aren't even speculators. They're marks.
Fool on!
Bill Mann, TMFOtter on the Fool Discussion Boards
Bill Mann owns none of the companies mentioned in this article. To find some straight-shooting, undercovered companies, consider subscribing to Tom Gardner's Motley Fool Hidden Gems.
Thanks for PMs Dallas Capt
Geez, I have really overlooked the PMs here!
Very much appreciated your kind comments after that
initial blow up with HaveaCow.....
Glad I did let myself drift back for a second look.
You guys run a good ship.
Hope to keep contributing and learning at the same time.
These Subs ssem tricky when there's an overall narrow
direction. Interesting to see what happens when a firm
Trend sets in. Will the whole Subs move in line or just
wiggle independently?
Well, on to Thunder Road. Already know Arnie's move
in CA politics, and Dave will have to wait
Thanks again guys!
ARSW nothing Dow Jone or ETurd
Not finding any news.
Bear Talk Online Trading Academy Letter
Okay, so we had a very nice March through May rally. As the market has essentially oscillated in June and July, many observers have continued to portray that market in a manner to suggest that the rally has continued. While it is true that some individual stocks have continued to put up impressive gains, the reality is we’ve been in another holding pattern. The Bullheads thought that pattern was broken last week as the three major indices had explosive upside move on Thursday morning’s upbeat economic data. At the head of the cheerleading pack was Jim Cramer (of CNBC) who cocksuredly proclaimed, "Say good bye to this trading range, we’re going higher!" However, this explosive move was quick to reverse, and the market finished in the red for the week.
At this point, the bad news for the bulls is that the "DOW" has failed to break out of its consolidation range, the S&P appears to have put in a "double top," and the Nasdaq, although its price trend is still intact, shows increased signs of technical internal deterioration. One of our market indicators (sector breadth), shows that only 16% of the market sectors rose last week, while 84% declined. Our breadth and momentum indicators continue to deteriorate, our sentiment indicators are flashing "sell", and the economic indicators appear toppy.
Naïve individual investors continue to believe this rally is a big party, and if your not in, you’re missing out. We can only respond that both the large and commercial traders are "net short" with the same view on this market as us—bearish! Further, we are in a seasonally bad time for the markets in general, but add to the mix the Republican Party in office, and it gets worse. Research over the past 16 presidential cycles, by McClellan Research, shows that the market performs worse, (relative to Democrats, and the combined index of Republicans and Democrats) into the fall months of the 3 rd year of the presidential cycle.
Finally, we had warned in a previous column that you shouldn’t fall into the "bulls" bull about money flowing out of bonds and money market accounts and going right into stocks. The last couple of weeks have shown this is not happening. Bonds are falling (rates rising), and the stock market is not the recipient. The scary part of what is contributing to this sharp rise in interest rates and fall in bonds, which is not being hyped through the media, is that the Europeans are starting to dump U.S. Treasuries and Agency bonds—this is not good. If this spreads heavily into the Asian regions, look out!
HotStockPlays pennies & such
Stocks of Interest and Stocks on the Move for 6 August 2003 at 11:45AM EDT:
HRCT.OB - Reports profitable quarter and increase in revenue.
XRMD.OB - News this morning driving this stock. Has moved up out of a narrow trading range.
NWIS.OB - Announced today the execution of a partnership agreement with FTS Wireless, Inc. (OTCBB: FLIP), Network Installation Corp. is up another $2.00 in early trading today. This stock has moved from around .50 to $5.95 over the last 6 trading sessions.
HIET.OB - This stock has made a small move this morning. Mentioned several times before.
INVS.OB - Making a small move this morning. Higher 4 sessions in a row now.
EPHO.OB - Continues a move on yesterday's merger news.
PVEG.OB - Into the second week of this move.
YTHK.OB - Holding onto yesterday's gains.
ECTY.OB - Shell moving this morning. From one of our subscribers!
NOTE: Speculation here but.... you may want to start clearing the dust off of those gold stocks.... CALVF.OB is up a little. Others to look at: BEVI.OB , MGLH.OB , and GBTR.OB is still up nicely...
IDNW Potty Break near bottom wipe?
Better Days. Bye now. Stay Dry. Wet NYC.
Hate it when Momma Market has her period.
Dallas Looked at UNSP old name
Seems popular here in NYC. Have seen their
delivery trucks. CBSMW shows $1M cap 40.7M O/S
but maybe not current. Awful thin Vol. trader?!
Urbani Holdings Inc. Announces Company Name Change to United Specialties, Inc. and Symbol Change to UNSP
7/29/2003 9:01:00 AM
LONG ISLAND CITY, N.Y., Jul 29, 2003 (BUSINESS WIRE) -- United Specialties Inc., formerly known as Urbani Holdings Inc., announced today that effective immediately it will begin to trade under a new symbol, UNSP (UNSP). The Company name change and symbol change comes as a result of the successful conclusion of a dispute with the prior trademark holder. Rosario Safina, the President of United Specialties, Inc., stated, "That as a result of this name change, the company's proprietary brand and full product line will now be under one label, 'da Rosario.'" Mr. Safina added, "This affords the company a unique opportunity to elevate its core products beyond the levels and expectations of the prior trademark holder."
About United Specialties, Inc.
United Specialties, Inc. (UNSP) is one of the largest importers, packers, and distributors of specialty and gourmet food items in the United States to nationally leading retailers and restaurants. The company has recently developed and markets its own product line "da Rosario" sold via the Internet under the Web site www.shopdarosario.com. These items include truffles, caviars, and 950 other top-quality items such as specialty mushrooms, game meats, infused oils, foie gras, pates, smoked seafood, prepared condiments, sauces and European specialties.
PGHI acts dorky .0021 0.002 x 0.003 -30%
Yes LS Thanks for the memories.
Last one out Please lower bowl lid
FXGP can't get fill 0.003
In CYTP 0.002 12:45p
Toilet Alert IDNW steep drop 0.003
PALR sickly bottom? <0.01
MPTT POS ALert 0.0006 +.0002 some Vol
CHCL Hello sub 0.02 Info?
CHCL 0.018 -0.004 -18.18% 50000 0.018 0.02 0.02 0.018 2,217,000
MSEV tests subland 0.02 eom