Although he looks alone, somebody wants him on the phone.
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You know it's a scam. Look, think about it. Real companies don't need to keep reminding people not to listen to "bashers" in internet chat rooms when they issue press releases.
Oh, there is a plan alright.
It's been done over and over again. You buy up a bunch of worthless stock in a non-existent and company then create a big buzz and bleed the shares to a bunch of suckers, who get left holding the bag.
I notice that the FSDLS thing is being re-hashed again. That was a dead issue by late 2008, about the time that the DNAPrint principles were quietly abandoning ship. I took it as a last ditch effort by them to wring some value out of the IP before Dutchess foreclosed. Sort of trying to sneak it out the back door. A few people tried to warn the investors that they were being screwed, but of course such people are dismissed as "bashers". Too bad.
I'm thinking that Gabriel probably pulled the FSDLS out of the wastebasket and presented it to the "big shareholder" as a sort of viable business plan when the "big shareholder" finally woke up to the fact that he had invested in a defunct business. They certainly didn't want the "big shareholder" to cut and run while they still had some of the A.S. left to bleed out to the market.
I really have nothing to add, I had business in Sarasota in those days, and was able to do some "feet on the street" research, and it was kind of fun. I have no idea when I'll get back there, but I doubt there is anything to see. I hope Mr. Yonker has found a new tenant for the space. And it looks like Dr. Frudakis has moved on and no longer is to be found sipping coffee at Whole Foods.
Has anyone considered the possibility that Dutchess has marketed, and or licensed the I.P? I mean, that's what I would have done if I were them.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35728686
Use the 120 day SMA, or at the very least the 90 day. If it is trading at or above, then it is overbought.
Now having said that, T.A. really only applies to options trading on real stocks. It is completely meaningless to a micro-penny.
The value of RMDM tomorrow is up to the efforts of the pump houses. So far this thing doesn't seem to want to hold air despite their very strenuous efforts.
Has anyone pointed out to RMDM management that "United Liquor Alliance" is a redundant phrase?
>"Whats the chance in steping up to the OTCBB?"
What will we do? Catch them all naked short selling this? Not sure I want to look.
Yeah, for $10 a six pack.
Think I'll keep drinking my water with barley and hops included. A lot cheaper.
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Let's see now. On this chart it says "If price keeps pulling back you want to see volume drop as low as possible."
Now I agree completely with that. However, what we saw today was a pullback on what is ENOURMOUS volume for this particular stock.
So maybe the longs had better hope charting doesn't work?
Personally, I don't think it works on micro-pennies either. Only hype and a new herd of sheep to be shorn works in this world.
Yep. we found the level where the dump would take place. It was .0014. Now they are continuing to let the bag holders have it.
This must indicate that the market makers are running around naked short selling.
Must be a sight to see.
Looks like we've seen the level at which shares are going to get dumped on any further rise.
Add to that the fact that all the idiot money is running to Freddy and Fannie today. It might be tough to get any more upside, at least for a while.
It's not the market makers. Look at the volume. The frenzy has been whipped up, and there is no shortage of idiots wanting to buy. The problem is that shares are being bled into the market.
The key to these things is to find that level where the dumpers are begining to let loose of shares.
Don't be a bag holder.
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You are a little early with this. It's AFTER the dump that the pumpers will attribute price decline to Market Makers and naked short sellers. It's never due to a deficiency in the underlying company.
Of course, they don't explain how in the world you short stocks with zeros on the right side of the decimal point.
>ok show me where it says its from prnews wire lol
The part that says it's from PR Newswire was my first clue.
"United Liquor Alliance officials say they met with Hernando County representatives recently to explore government incentives for local business development.
A PR Newswire story Monday says the talks covered local job creation incentives, industrial revenue bonds and other possible cooperation between United Liquor Alliance and the local government. Incentives reportedly could lead to hiring of more skilled workers and help to reduce the financial burden of the company's start-up stage. Officials said some government programs could be offered to the company.
ULA president Shane Cooper said, "There is more to discuss, but there are some definite opportunities for cooperation."
Prior PR Newswire reports said that United Liquor Alliance has been eyeing Hernando County for its first U.S. plant. A spokesperson for the Hernando County Office of Business Development provided this statement Monday:
"With job creation as a top priority, our office looks forward to working closely with Mr. Cooper and ULA as they plan for expansion in Hernando County."
OK, fair enough. I re-read it. It's from PR Newswire.
No, that is not what I asked for. I told you in my post, nothing from PR Newswire counts. They are paid promoters.
I'm looking for legitimate news stories.
When PR Newswire goes to work, it's a pump and dump. I'm not saying they aren't good at what they do. They are very good at what they do.
Be honest with yourself, look at this for what it is, and don't be a bagholder when the run is done.
And somebody had better let these guys know, as well. They might be interested that such a massive plant is being built in their area, to pump out the aquifer.
http://www.hernandobusiness.com/Business_News.asp
Speaking of PR, how come a search of the local newspaper in Brooksville, Florida turns up no trace of the mighty United Liquor Alliance?
http://search.hernandotoday.com/Search.jsp
And don't count web links to anything put out by PRNewswire. I'm talking about real news, not the stuff pumped out by paid fiction writers.
And right they are too. It would appear they are fooling quite a few people.
I don't think the liqour company even exists.
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Are you leaving? Good day to you too.
Look, who knows where the top is?
But just look at HTDS and LDSR and you can see the future of RMDM. It's the same pump and dump being run by the same players.
They don't have to dilute. They have 4.7 billion shares already there waiting to dump on you.
But if they do want to dilute, they can dilute you with nearly 3 billion more at will.
If the float is 2.2 billion out of 6.9 outstanding then they can issue statements about no dilution till doomsday comes. It doesn't matter. Because the shares they are going to dump on you are already in existence.
And since A/S is 9.8 billion, there is another 3 billion sitting there that they can create at will.
I'm not sure that you understand.
If there are 2.2 billion shares trading publicly (the float) then that means that insiders are holding the rest of the shares outstanding, and that the company has another 3 billion it is authorized to issue.
Bottom line: There are around four times as many shares waiting to be dumped on you than are currently trading.
Just don't get caught at the top. It's a simple concept.
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You're right I messed up my numbers. There are:
Outstanding Shares
6,900,000,000 as of Nov 8, 2009
Authorized Shares
9,888,000,000 as of Dec 15, 2008
They have nearly 3 billion shares they can let loose on you.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=rmdm
Just don't get caught at the top.
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It's a pump and dump.
Where can you find information on how many shares are authorized?
Look what the previous poster says: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44463473
If no one is selling, that means RMDM is creating them out of thin air. Dilution.
Yes, seen it before.
RMDM is clearly a pump and dump.
The only thing you need to know to recognize the P&D is this: All of the "news" regarding this stock is being published by PR Newswire. Big, big red flag.
I'm off by a couple months. I hate it when I screw up like that.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41164225
Exactly... A zombie with no investment value whatsoever.
But the volatility is fantastic for options. You have to be quick though, because the volatility itself is volatile!!
And they carry a huge extrinsic value. Time is of the essence. On a day when this trades in a narrow range, it can kill you. Like Friday.
I'm in Nov 135 puts.
This is a red flag, putting off paying bills in 3Q to help pump the bottom line.
http://www.streetinsider.com/Insiders+Blog/Report+Amazon.com+(AMZN)+Taking+Longer+To+Pay+Suppliers/5059849.html
Is Bezos bleeding shares into the market?
Political pressure to wrap up this "bail-out" is building fast. Stakeholders, not taxpayers, should be on the hook for failure.
http://www.marketwatch.com/story/too-big-to-fail-banks-to-bail-themse...
It doesn't really matter what AIG posts for earnings in the 3Q as the stock which trades under the symbol AIG is disconnected from any underlying equity. The U.S. government owns more of AIG than the underlying equity is worth. AIG carries it's assets on the books at over stated values. The Nan Shan sale is an example.
http://www.marketwatch.com/story/aig-to-lose-14-billion-on-nan-shan-s...
ILFC's attempts to re-finance rolling debt which has begun to expire just this month will quickly snowball into a crisis within a crisis. This former earnings champion within AIG will quickly become another huge sinkhole for taxpayer's dollars unless a resolution is found quickly. While Udvar-Hazy's plan to take the best, and leave the garbage behind is probably not a good one for AIG, it may be the only solution. AIG's only other choice is to continue to subsidize it by giving it more U.S. taxpayer's dollars.
http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN28...
I'm with this crowd right here; I'll buy a new set of puts if AIG rises any significant amount.
http://www.schaeffersresearch.com/commentary/content/option+skews+-+r...
chiggah:
Perhaps it may be someone who is not quite as smart as the person who is selling one or two million shares per day for months on end?