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catman got out TSBB .0044-.0045 this morning. Made a whopping $94 :*) I bought without seeing the news so I don't mind getting out without a loss. TSBB could get a bounce from here but I'd rather wait and see how this trades.
MRKL looks like a good buy here in the mid .60s.
TALL might be ready for a little run here soon. Didn't get much of any bounce anywhere from .035 to .0175. Own some .022 avg and thinking about adding a little tomorrow depending on how it trades. Don't like the fact that both 50/200 dma are right overhead but the 50 day moving average is catching up to the 200 dma which can be a good thing.
koolmc hehe yeah you can say that most penny/sub stocks are nothing more than POS plays that pan out once in awhile. I'd rather play a stock on a rumor after its been basing for awhile than stock with a new S-8 out. good luck
stocktoastcrunch
MBAH OS is got to be at least 100M by now if not more. If you use 100M its got about a $2M market cap.
If you take 1B shares of CDVJ at .002 you get a $2M market cap as well.
Key thing here is MBAH has many new shares which are yet to hit the market. With the last S-8 the price crashed from .20 to .005? With this S-8 being 3 times as big where do you think MBAH will bottom?
MBAH open high low close change volume
07/02/04 0.0185 0.0240 0.0180 0.0230 +0.0045 3,447,736
07/01/04 0.0213 0.0230 0.0185 0.0185 -0.0028 3,228,369
06/30/04 0.0188 0.0220 0.0188 0.0213 +0.0023 2,500,503
06/29/04 0.0230 0.0240 0.0169 0.0190 -0.0020 9,474,260
06/28/04 0.0230 0.0230 0.0185 0.0210 -0.0040 8,412,191
06/25/04 0.0260 0.0290 0.0200 0.0250 -0.0050 8,064,864
06/24/04 0.0300 0.0320 0.0240 0.0300 -0.0030 6,939,845
06/23/04 0.0330 0.0380 0.0280 0.0330 +0.0060 4,360,612
06/22/04 0.0260 0.0300 0.0260 0.0270 -0.0020 2,059,685
06/21/04 0.0350 0.0350 0.0260 0.0290 -0.0030 3,770,847
06/18/04 0.0318 0.0370 0.0240 0.0320 +0.0040 7,861,676
06/17/04 0.0340 0.0430 0.0230 0.0280 -0.0050 38,074,615
06/16/04 0.0250 0.0380 0.0190 0.0330 +0.0070 13,831,823
06/15/04 0.0400 0.0450 0.0250 0.0260 -0.0110 3,152,653
06/14/04 0.0450 0.0460 0.0350 0.0370 -0.0090 2,320,141
06/10/04 0.0580 0.0580 0.0440 0.0460 -0.0120 2,357,843
06/09/04 0.0500 0.0690 0.0470 0.0580 +0.0080 5,934,496
06/08/04 0.0530 0.0640 0.0420 0.0500 -0.0030 6,549,611
06/07/04 0.0550 0.0869 0.0320 0.0530 -0.0070 22,354,807
06/04/04 0.0130 0.0670 0.0016 0.0600 +0.0510 50,974,467
06/03/04 0.0067 0.0098 0.0060 0.0090 +0.0012 8,367,000
06/02/04 0.0055 0.0100 0.0050 0.0078 +0.0018 7,397,748
06/01/04 0.0100 0.0100 0.0060 0.0060 -0.0050 529,000
MBAH open high low close change volume
05/28/04 0.0110 0.0120 0.0110 0.0110 -0.0010 75,000
05/27/04 0.0120 0.0140 0.0120 0.0120 -0.0030 50,000
05/26/04 0.0100 0.0179 0.0100 0.0150 +0.0025 180,000
05/25/04 0.0080 0.0125 0.0080 0.0125 +0.0125 753,000
05/24/04 0.0000 0.0100 0.0080 0.0000 +0.0000 0
05/21/04 0.0000 0.0100 0.0080 0.0000 +0.0000 0
05/20/04 0.0000 0.0100 0.0080 0.0000 -0.0060 0
05/19/04 0.0089 0.0089 0.0060 0.0060 -0.0010 1,455,000
05/18/04 0.0100 0.0100 0.0060 0.0070 -0.0019 558,000
05/17/04 0.0110 0.0110 0.0080 0.0089 -0.0021 640,000
05/14/04 0.0130 0.0130 0.0110 0.0110 -0.0040 617,800
05/13/04 0.0170 0.0170 0.0150 0.0150 -0.0020 318,200
05/12/04 0.0170 0.0179 0.0130 0.0170 -0.0030 625,000
05/11/04 0.0170 0.0200 0.0170 0.0200 +0.0000 37,500
05/10/04 0.0200 0.0200 0.0200 0.0200 +0.0000 20,000
05/07/04 0.0200 0.0200 0.0170 0.0200 +0.0200 206,000
05/06/04 0.0000 0.0350 0.0200 0.0000 -0.0300 0
05/05/04 0.0300 0.0300 0.0300 0.0300 +0.0050 50,000
05/04/04 0.0250 0.0250 0.0200 0.0250 -0.0050 72,500
05/03/04 0.0310 0.0310 0.0300 0.0300 -0.0129 70,000
04/30/04 0.0450 0.0450 0.0400 0.0429 +0.0019 676,500
04/29/04 0.0550 0.0550 0.0410 0.0410 -0.0290 269,000
04/28/04 0.0800 0.0800 0.0700 0.0700 -0.0200 10,000
MBAH open high low close change volume
04/27/04 0.0900 0.0900 0.0900 0.0900 +0.0900 30,000
04/26/04 0.0000 0.1100 0.0900 0.0000 +0.0000 0
04/23/04 0.0000 0.1100 0.0900 0.0000 +0.0000 0
04/22/04 0.0000 0.1100 0.0900 0.0000 +0.0000 0
04/21/04 0.0000 0.1100 0.0900 0.0000 -0.0900 0
04/20/04 0.0900 0.0900 0.0900 0.0900 -0.0100 2,000
04/19/04 0.1200 0.1200 0.0900 0.1000 -0.0200 34,000
04/16/04 0.1200 0.1200 0.1200 0.1200 +0.1200 5,000
04/15/04 0.0000 0.2000 0.1200 0.0000 -0.1200 0
stocktoastcrunch my logic is funny?
First of MBAHs OS is not 60M. The last S-8 alone was for 60M. There was another S-8 for 20M about 2-3 months ago too if I am not mistaken? How about all the shares that were out prior to that as well? Many of the new shares probably haven't even hit the market yet. Just wait till UCAP or FANC shows up this coming week.
MBAH issued the first S-8 on 4/15 when price was at .20. There was not much volume until 4/27 when price started falling and volume increasing. By 6/02 volume started SURGING huge and the first S-8 should have been cleaned of by 6/4. As the S-8 got cleaned up the stock skyrocketed as there were no more new shares holding the stock back. MBAH made a nice huge run and whoever bought up the last few million of the S-8 made BANK on that run. Since MBAH has had some smaller sucker rallies but thats about it.
Now lets note another thing that happened here..... It took MBAH less than a week to issue a second S-8 since the first S-8 got cleaned out. LESS THAN A WEEK. Not only that, the second S-8 was for 3 times the amount of shares.
Now tell me what great company crashes the price from .20 to below .01 in less than 2 months and then have enough balls to register 3 times as many shares to sell right after? Before this second S-8 is done MBAH will be way below .01. MARK THIS POST.
ProfitChaser grabbed a little TSBB chunk on Friday @ .0042. Bought without seeing the 14A filing but hopefully people just panicked before a long weekend. It looks oversold here but that 50 day moving average is getting very close again and TSBB just doesn't seem to want to bust it. It'll be interesting to see how it opens tomorrow. If it sets a new low I might just get out and look for a lower entry. good luck
swinging for the fence
MBAH has so many people stuck .03-.04 and if it ever gets there it will take MASSIVE volume for it to move anywhere. Too much overhang....... You can deliver all the promises you want but if you dilute the stock its not going to get you much in terms of PPS. Hope I am wrong as I don't like to see people lose money.
CDVJ is a craps play. Most people are not expecting them to pull through and thats already priced in. CDVJ has been basing at the bottom here for awhile now and any good news will skyrocket it much higher. Technicals are starting to look real good here too. When shareholder update PR came out I couldn't understand why they would want to release any good news right in front of a long weekend. Perhaps they realized the news would create a lot more MOMO after a long relaxing weekend. We shall see.
good luck and happy trading
andy
sorry I didn't mean to send the last post in private. Hope CDVJ comes out with some good news tomorrow because I believe NITE is shorting it. Today when PPS started going up, NITE backed away to .0025 and the rally looked to be on. I put a 500k sell .0024 just to see how easy I'd get filled and NITE right away came down to .0023. I moved my order to .0023 and with the first .0023 print I got filled at the ask. NITE never backed away from .0023. After waching some bigger buys at .0023 go through without any matched up sells, I send more sells at .0023 which also got filled. I know others weren't selling through NITE below .0024 because when I put a sell out, my order would start getting filled with the next buy. That probably means NITE shorted a few shares today. Usually a MM makes money of the spread and with NITE coming down and sacrificing the spread just to keep the price down is a little fishy. Its possible that NITE was covering at .0023 and those prints at the ask were mostly sells but its doubtful because most of the volume at the ask came after GVRC would bring the bid to .0022, probably with .0023 buy in hand. What do you think is goin on here? btw sorry for the two book length paragraph :*)
eztradin for which stocks have you seen NITE selling dilution shares? I think SCHB was busy dumping new ARSW shares for awhile but I never noticed NITE working S-8s. What I did notice is NITE shorting the hell out of most stocks that have dilution issues. NITE working S-8s just sounds scary to me. I wouldn't be surprised they'd short the stock to death and then just buy back the S-8 themselves.
EZ.. thats cool. I just figured at least one person would get excited about a 50% run after a down open today. Perhaps not many here own it. If CDVJ had done this I am sure it would have more than 2 posts in 3 days. Hell, it doens't need to run.... Its probably got more posts today than OMOG combined for last month.
good luck and happy trading
andy
agree that AMHI is looking much better. I bought a little too much .018-.02 and was down a sizable chunk(thats what I get for buying news) but I bought a ton more .01. When it popped up to .013 I locked in some losses just in case it fell back again. When it did I started buying more again and I got a little worried when my 100-200k buys at .01 kept on getting filled over and over again with AMHIs usually low volume. Perhaps it was just a big seller who bought in during the high volume days and got stuck when volume dried up. Since AMHI moved up on no volume straight to .015. It would have broken that today too but I had to trim my position. Hope noone is mad but I had over 1M shares and needed to work down my realized loss. Still got over 1/2 the shares left but with .0117 avg and my realized loss pretty much cleaned up I can afford to let the rest ride. That .015 wall is fake as 1/2 the MMs backed away from there with no volume and NITE was filling my .014 sells with an ask at .014. Bet with ANY volume that .015 will crumble tomorrow.
good luck and happy trading
andy
OMOG chart
surprised nobody posted about OMOG today. What a strong close!!!! Looks like it may finally start running, not inching up.
I had a rather large position and wanted to take a little profit to minimize the risk and was surprised when my orders for 4M got filled at .004 while the stock was going down. Usually when a pink/otc stock is going down you won't get filled much(couldn't tell you how many 5,000 share fills and a downtick I had for sub-pennys).
When OMOG was going down most MMs way backed up but VFIN kept on the bid soaking up a lot of volume. No matter what the sell volume VFIN kept on the bid at all times even when there was no other MMs at times .0003 lower. In the past I have noticed VFIN as a MM diluting some stocks and I think there is a good possibility its a MM buying back shares for OMOG. They said they planned to repurchase up to 100M shares this quarter?
After selling pressure started letting up today I tried to buy .0035, .0036, .0037, .0038, .0039 and didn't get a fill. With 4 MMs on the ask at .0041 I put another 1M buy at .0041 and NITE only filled 250k and my order sat there while all the MMs backed away. Then I tried to buy some more at .0045 and couldn't get a complete fill again. When ask got up to .0047 I send 3 buy orders @.0049 500k each to NITE, SCHB and JEFF. SCHB was the only one that filled me while everybody else backed away.
Its just my opinion but I think OMOG has been buying back shares and most of the sellers from the first leg of this run got retired. People that took profit and waited for OMOG to turn around before buying back couldn't buy back anything of size below where they sold. This puppy should show us some huge gains in the coming weeks. A PR would just be icing on the cake at this point.
charltuna fearful.... I think most military people are pissed not fearful. After all wouldn't you if you had to serve an AWOL commander in chief? I am not a big fan of Kerry but at least he had enough guts and honor to serve our country.
a little quiet today?
arkieboy1 I am scared now so what would I lose? The goof running this country had such a chance.... After 9/11 this country was united like never before but somehow it all fell apart. Not just fell apart.... Action speaks louder than words and GWB f)(#$Ied up.
I don't care about the liberals. I don't care about Bill or Hillary. I care about this country and its people. Over the last 4 years we sunk so low as a country that it makes me sick. We need a change and I don't think Kerry is a perfect solution but hey, nobody can be worse than Bush. To this day I feel stupid for thinking Bush would make a better president than Gore. I guess you live and learn.
catman LOL surprised so many people aren't supporting our CIF and his war efforts? Have you looked at his results?
Perhaps the market is feeling the effects of a C average student running our country.
Kerry is the last of our worries right now. We need to deal with the mess Bush got us into first. But you are right, its probably better to keep your money parked because the market won't go anywhere far as long as Bush has a shot at this election. I think people are SCARED right now just thinking about another 4 years of Bush in the office.
EZtradin OMOG nice close again today. Maybe they'll let it run tomorrow? Looks like its set-up for a .0045 open which should get broken and if .005 goes we should see a quick pop to .006. What do you think?
Ozzy23 be careful with CMKX. I traded that one and made some very nice money from .0001 but I completely got out and not looking to get back in any time soon.
I know many CMKX longs are blaming the MMs for keeping the lid on the stock and many claim its been shorted at .0001 for months prior to this run which is complete BS. With all the car races those guys sponsor they need $ and the only way they can do that is by dumping shares.
Not sure if you followed CMKX when it was trading .0001 but there was one MM that NEVER moved from the ask and many times it was the only MM there. The MM is BSIC. CMKX didn't start moving until BSIC got whiped out at .0002 for good and then the flood gates opened. Once BSIC got cleaned from .0002 it moved to .07 and sat there until last week when it appeared for a couple hours and moved back to .07. Also note BSIC has never showed a bid for CMKX(not making a market just dumping). CMKX got news again and .0005 ask was pretty much gone outside of BSIC all day today. Besides MASSIVE volume BSIC didn't budge and CMKX got much weaker towards the end of the day. With 94.5% trades going at the ask with massive volume you'd expect at least 1 uptick through the day but CMKX didn't thanks to dilution. With so many new people stuck with losses and new shares coming in this a very risky investment IMO. I hope I am wrong and this pops for you guys still in but I just wanted to give you my thoughts.
as always good luck and happy trading
andy
OMOG breaking out!!!! .0033x.0035. Hope some of you loaded up early. I know EZ did. :)
in my last post I ment to say OMOGs MACD should cross over, not go positive just yet.
Anyone hear anything about CDVJ recently?
OMOG looking a bit better today with some nice volume. Looks like there was some descent accumulation going on for a couple weeks now. The bottom of the cup should be done forming soon and then it should be on its way. With a break over .0031 MACD should go positive and most other indicators are looking pretty good as well.
http://stockcharts.com/def/servlet/SC.web?c=OMOG,uu[m,a]daclyyay[pb50!b200!f][vc60][iUf!La12,26,9]&a...
LOL good DD as always EZ :) goodnight
Why are so many people confused and can't understand todays news???? CMKX securities and corporate issues have to do with them wanting to be listed on OTC. Todays PR simply states that CMKX & Edwards and Agell started working on getting the company fully reporting. There is nothing mysterious about todays PR unless you are as braindead as people the people at stockwatch.
From the June 4th PR..... "June 4, 2004--CMKM Diamonds, Inc., (Pink Sheets:CMKX - News) president and chairman of the Board of Directors, Urban Casavant, announces that the Law Firm of Edwards & Angell has been retained to represent the Company in its desire to become fully reporting once again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a partner at the firm and has over 20 years of extensive experience in working with public companies."
From todays PR..... "June 16, 2004--CMKM Diamonds Inc.'s (Pink Sheets:CMKX - News) president and chairman of the board of directors, Urban Casavant, announced today that the company has begun working actively with D. Roger Glenn of Edwards & Angell, which it earlier retained, in connection with securities and corporate issues faced by the company. Glenn stated, "We have been retained by the company to resolve the problems it has been facing, and we expect to devote significant efforts immediately toward that goal. The company has advised us that it is dedicated to complying fully with all requirements on it, and we are pleased to act as counsel to it on that basis."
lil_mini_ditka BASHER?!?!?!?!? Give me a break. I bought 102M CMKX at .0001s and saw BSIC diluting and posted the same thing back then. I knew dilution was the only thing holding CMKX back and I was mad that they were dumping CMKX shares by the billions and using that cash to fund car races.
I knew what was happening here before I bought the shares and I gambled that enough volume will follow through with enough hype to get this moving. I didn't even expect any PR of substance in regards to them finding diamonds. With so many people watching a little momentum could run stocks like CMKX 100 times fold and more. I would have bought another 150-200M more CMKX .0002 when .0001s started looking stronger but I was in Kuai, HI for almost 2 weeks and when I got back I found 17M of my 25M .0004 sells filled at the ask. The next trading day I sold 45M .0008 and the following moring another 20M .0008 when I noticed CMKX getting weaker. I booked 50k in profit and got 20k riding free.
Its one thing to bash and another to use common sense. Since I bought in here the number of posters increased as the price went up and so did the nonsense posts about us making out with billions in $ from CMKX MMs shorts. I guess the higher we go the more pumpers we'll get that post nothing but unfounded nonsense.
Moni are you implying some investor just gave $5,000,000 to CMKX without receiving any shares in return? And that same investor was fine with his money getting spend on car races?
investorcg
you are right CMKX might have retired some shares that were OS but that doesn't mean that there weren't billions of other OS that didn't get retired.
I play a lot of S-8 plays and I can spot dilution a mile away. BSIC REEKED like dilution stronger than green from humbolt co. CMKX has no revenues. How do you think they sponsor car races and pay their % of costs for the exploration? The only way they can get money is by selling shares and they had expenses which had to be paid for. Which means there had to be a MM selling shares and I would be willing to bet $1000 for $100 that it was BSIC selling those shares.
You say the stock trades like it has 250B-500B OS(BTW float matters how stock trades not OS)?!?!?!? I think you are WAY of on that. Considering we had a 20B volume day after an 1100% runup and +66% open even 250B sjares seems outragous. Don't you think a stock would trade more than 4-8% of the shares out after 1100% run?!?!?!?!?! Don't you think more than 5% of the people cashed out today?
Why do so many people here think CMKX MMs have a massive short position?
Over the last few months CMKX was selling a lot of shares and thats why the price stayed down at .0001 and never moved. I was watching CMKX level II for a long time and noticed that BSIC was the MM dumping new shares. BSIC never had a bid and to this day doesn't have one. A MM that makes a market always has a bid and ask, and when a MM is only selling shares its not hard to see where they are coming from. I couldn't even count how many times BSIC was the only MM at .0001 with a ton shares traded without any movement. Though after a few days of MASSIVE volume BSIC finally started backing away to .0002 and when it got cleaned from .0002 it moved to .07 as it probably finished of all the shares it had for sale. When BSIC dissapeared CMKX had no problem moving up.
CMKX has gone up 1,000% and many $1,000,000s have changed hands. You can't expect CMKX keep going up staight to .01 while there are hundreds of people with $50k+ profit on a pink sub penny stock. Don't blame the MMs, blame the people that sold on news. Many bought in anticipation of this news and sold when it came out. This happens all the time and eventhough I thought CMKX would go higher today I doubt its because the MMs are short @ .0001 and are trying to hold the price down. All of those billion upon billions of shares traded prior to todays action offered huge profits for people and some took it.
Just think how much money MMs make from spread here..... almost 20B volume x.0001 profit per share? Thats about $2,000,000 today alone? How about all the billions upon billions of shares traded .0001x.0002? Wouldn't it be easy to cover a short with 100% spread? For every share given out MMs could get two back. But then again why would they need to short a stock when billions of shares are trading hands and they can double their investment with every fill? Why blindly short .0001 when you can make that same .0001 profit without ANY risk by simply matching shares between .0001 and .0002 and without having to wait years for the short to materialize?
If you think about it some more, it actually makes sense for MMs to run up CMKX. Eventhough MMs could make 100% on their investment between .0001x.0002 they are making much more now as the volume is 10 times higher. They made .0001 of the spread with bxa .0001x.0002 and they make .0001 with the spread now. But look at the volume!!!!! With CMKX breaking out and spread getting cut from 100% to 10% more people are trading the stock which means more volume. Before CMKX traded maybe 2B shares and now its trading 10 times more. If MM makes .0001 of the spread do you think it would rather keep the stock stuck and trade 2B volume or let the stock run and trade 20B volume? Make $200,000 or $2,000,000? Tough choice?
RB board now works http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKI
Today we had 330 trades total, 216 of them at .0002 and 114 at .0001? Volume is down somewhat from earlier days last week but .0002 is starting to get much more action. A break over .0002 and CMKX is in for a monster run IMO.
Last thursday and friday I was having a hard time getting filled at .0001 by NITE, SCHB, and CRWN but JEFF gave me some fills. Yesterday .0001 buys came by much easier as NITE, JEFF and CROWN all gave me fills. Had some smaller sells routed at .0002 to 4 different MMs today but none filled me. Last wednesday I routed 4 1M sells to 4 different market makers and CRWN filled it at .0002!!! No such luck today but I'll try again tomorrow. I think I am done buying though, 102M shares is more than enough here.
good luck and happy trading
andy
Good-Til-Cancelled........ thanks!!! Please post the answers if you get them. Have a great night and a fun, rain free race tomorrow :) Goodnight
andy
Mr. Bill....... yes I did know that this is a gamble when I invested. I am sorry if my concerns are whining to you but they do have merit. If my questions/worries about sponsoring car races by a diamond exploration pink sheet stock bother you enough to ignore me, then so be it. Its not like I'll lose much being ignored by a poster than can't discuss negatives as well as the positives. BYE
Good-Til-Cancelled..... "I asked the OS question and he started talking about naked shorting. Ran for cover on that question. According to him the April 1 naked shorting rules have no affect on pink sheet stocks."
If he thinks naked shorting is the main cause of the PPS so low why doesn't he try to fix that? If the new naked shorting rules have no affect on pink sheets why doesn't he work to get CMKX listed on OTC? All he needs to do is file the required filings with the SEC. With all the money spend on racing cars and sponsoring races I see no reason why CMKX can't afford an accountant to get this up to date. Almost seems like car racing is more important to him than the company. If you get to talk to him again could you ask him this? Thanks.
andy
ron2w.......... "Consider that you can't get to the OTC as you say, or any other listed exchange, until you're trading for a few dollars."
You can't get listed on OTC until you are trading for a few dollars?!?!?!? I think you you are wrong about that. There are plenty of OTC stocks trading sub-penny. The only thing that keeps CMKM from being listed on OTC is non-compliance with some SEC filings. If they spend some money on an accountant this could get straightened out very quick. At the same time shareholders would be able to get a lot more information about the company. Like the float and OS numbers.
good luck and happy trading
andy
SUBBlime how many people were in the crowd?
ron2w most people won't even invest in OTC stocks, not talking about PINK sheet stocks. Also out of 100M investors you mention, many never place 1 trade to buy any stock. Most people in this country are invested in the markets through mutual funds, 401ks (that are mostly managed by their company), company stock incentives and so on.
Regardless of the above I find it hard to believe that sponsoring car races should be a high priority for any PINK sheet stock. Pay the accountant first, get company filings in order and move up to OTC.
A pink sheet diamond exploration company trowing money at car racing just doesn't sound right. Why don't they use that money to start another project instead? Don't you think investors would like that? As an investor here I don't feel good at all watching all these pretty pictures or cars and talks about sponsoring races. JMHO
fung_derf........... I agree with you that racing should be the last of our worries here. CMKX is a pink sheet stock and the people running the company are wasting OUR money on race cars and sponsoring races???? This is ridiculous. CMKX is a pink sheet stock and all the money they have wasted on their hobbies could have been used to get the company listed on OTC but that hasn't happened. Perhaps they do not want us to know how many shares there are and what really is going on with the company.
I know some of you might disagree with me but can any of you list me any reasons why sponsoring racing is beneficial to CMKX? I know some of you migh say publicity, but CMXK is already probably the most known sub-penny stock within investing community. If CMKX didn't have to dump shares to sponsor car races we wouldn't have to worry about soaking up MORE and MORE dilution so we could finally get this moving.
But thats why we are here? Hoping they get something other than racing done and lift the dilution ceiling?
bought 50M CMKX early this am. If it goes I will make some nice change and if it doesn't I'll lose $5k? After watching QBID and the likes run I think CMKX is worth the gamble. Its definetely got enough following and with some good news the lid could blow off pretty quick IMO. But you still can't forget that this is a gamble stock and I wouldn't suggest anybody to invest here with the money that they can't afford to lose.
good luck and happy trading
andy