Thought it was more of the Gimp type of thing from Pulp Fiction.

Metter is call in some hard azz pipe hitting boarders to get midieval on the NS azzes.

Anyone catch the last thing Metter said on the interview today as the credits were rolling?

If I remember correctly, and to paraphrase:

"While we can not control the stock price, we can control shareholder value."

Some ideas on how this could be accomplished:

1) cash divy
2) stock divy without issuing new shares
3) reduction is O/S
4) reorg of RME shares
5) combo of the above

Just speculating...

BMAS moved to high bid of .0232

Let me see if I can explain this to you. Unfortunately, it's another way the man keeps up down.

When you place your buy order, that order gets routed to a MM that your broker uses. If that order is above 10K shares, the MM does not have to represent your order on level 2. SEC rules.

The MM holds your order, hoping that a sell order will come into them at a lower ask than you bid. They will match the two and take the spread.

During this time, another MM might be doing the same thing (even with a lower bid). And as you've seen, if that other MM gets a sell order lower than their best bid, they will put both trades and keep the spread and your order will be skipped (really because the other MM didn't have any visibility that your better bid even exists)

Your MM has a 'loose' obligation that once the Level II ask price drops to your bid, they should execute your trade. But I've seen this get 'overlooked' as well.

The best way to combat this is to immediately call your broker right after you place your trade and ask to 'have your order represented'. They will call the MM and request that it be shown on Level 2. The MM, however, has no legal obligation to do this. They usually do it out of courtesy however.

Another option is to have your order routed directly to ARCA. DON'T DO THIS. You'll pay a HUGE commmissions depending on your block size.

I agree with you, this is archaic, and completely anti-fair markets.

Your goal as a retailer is not to be trading with just the clients of your broker's market maker, but with all clients of all market makers.

This is the oddest trading day I've seen in a while. A ton of trades booked with zero shares.

Today, NITE is buying like crazy. Covering?

Interesting. A bit odd.

Can you elucidate?

Kind of sounds like the "Cinderella Story"

http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=33077046

Both.

If you're holding a stock, and that stock issues a dividend, you would expect to receive that dividend. If you didn't receive that dividend, all hell would break loose.

The company issuing the dividend knows exactly how many shares o/s there are, and knows what they'll have to anti up to pay that dividend.

The short, naked or legit, has to pay the dividend on the excess liquidity they created.

A grouping of trades that was done during the day for a large buyer or seller, but posted after hours (as to not influence the market during the day)

or

Two institutions that had pre-arranged to buy/sell a block from each other. This can be legit, or this can be one short hedgie buying from another short hedge in order to reset the time contraints for having to report to Reg Sho.

Form T's

Something is up...

Didn't think I would be missing all of the LII action we're going to be seeing, did you?

Hmmm. This is looking like the tip of some short covering today. WHAT'S UP!?!?!

That's what ETrade is reporting.

I think we'll see a day with 100mm+ shares traded.

5M Large...

Etrade showing we closed up.

z4,

If you got filled, nice move!!

She's gonna run.

I think BMAS is holding back for the time being looking to pick up some cheapies from the day traders that made a few pips today.

Let's see what the EOD holds.

Crashman, Jolla-bella,

Haven't heard from you since early morning. What's your take on the stock's relative strength in the face of the recent discoveries.

Thanks in advance.

Creepy, crawly, creepy, crawly...

"Well everybody wants some... I want some too..."

The tension is so high right now you can cut it with a spork.

Whoever is on the .024 ask through ETrade right now, do your wallet a favor and back away.

BMAS moved up to match NITE at high bid of .0238

This is what she's looking like now... BMAS getting ready for power hour?

Down only 8%? Just a normal day in spongeland for us. LOL.

Wadi,

Do me one favor and stay away from the gyro cart. You'll be regretting it for days.

Better pack that lobster bib.

I've been buying today.

Maybe things here aren't what they seem. Or maybe they are.

As Wadi would say, let the roulette wheel spin. My number will come up eventually.

Anyone think we could close green today?

Seems to be a lot of buying, even with the 'sky falling'

The reason I can't tell you is because I have no idea.

The more people that contact management, the faster they'll respond.

"I repeat: What kind of a CEO lets his shareholders find out major material events from an internet message board???"

One with currently zero credibility. He needs to address this ASAP.

I agree 100%. I don't like being caught off guard.

The only positive I could possibly take out of this is that issued these restricted shares in order to raise funds to fulfill a large order.

Would like to hear something officially from management on this.

I urge people to call or email Steve (symoskowitz@msn.com) and listen to his explanation.

Thanks.

I liked the churn today for many reasons:

1) it was on huge volume
2) the stock closed higher, even with many (probably most) day traders exiting from purchases this morning
3) it allowed those short term traders that bought over the last week or two lower than .025 to exit with a few pips, leaving us with a more solid technical foundation to build off of
4) BMAS was accumulating
5) we now have even more eyes on the stock which will add fuel to the fire when the S*&T hits the fan

There is money to be made here, IMO.

Personally, I don't like these "IR" firms being involved. What's done is done. But there are cases where long term it helps the stock to gain visibility, and gain longer term shareholders.

Sometimes companies do this for the obvious reasons. But a lot of times this is done by a third party investment group that buys up a bunch of cheap stock of an under the radar company, pays to have the stock pumped, and then sell millions into the rally. Then they move on to the next stock.

We're fortunate we have the backing of many large shareholders, and a well run company with strong fundamentals.

Correct me if I'm wrong, but weren't these "IR" companies hired months back, mostly by 3rd party entities?

Maybe someone wants a lot of eyes on the stock for what might be coming?

Jolla-bella,

Up 6% with the overall market being down 1%. And this churn is just what we need. That's fine with me.

Dark Lady, OGC,

How's the chart looking?

GMD

Guys,

Metter said several times in public that there are around 100mm shares in the float.

The 13(g)s account for about 82mm. Those shares will not be sold at anywhere near these levels.

We're left with a tradable float of 18mm shares. MUCH more than that being held elsewhere.

She's gonna pop real soon and real big. Just give 'er a little time. The water is starting to boil.

A hedgefund that is N/S this stock going bankrupt is the best thing (or one of the best things) that could happen to this stock.

There are many levels in the chain of clearing stock transactions that would suddenly become legally responsible for ensuring liquidity and clearing of those stock transactions.

When your broker or clearing agent gets acknowledgement that a hedgie that trades through them may go bankrupt, they're going to try and collect shares due.

If those shares can't be collected, there will be a mass scrambling for them to buy shares on the open market to make sure they can satisfy their client's holdings.

This is the one time that shareholders are actually protected and will benefit.

Cro,

What do you see wrong with this statement?

GMD

Did you really just respond to a comment someone made 500 posts ago?

Pick a new topic to bash on.

When the people on the 13 sell, every other long will have sold already.