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dis0wned, I hear ya. Not sure what your entry point was. I just got in 4 times the past week in the 2-3 cent range. Been doing this a long time and admit I have held the Bag more than I care to say. Also did well along the way here and there. Normally, I would have been gone from a stock like this after 1-2 days after I initially bought it. To me: This is a no brainer here as far as upward mobility. I truly believe we will see an awesome day very soon with a huge gain. When that happens and others come onboard..... Well, I truly believe this is the calm b4 the storm. And the Storm in my mind is going to be good. Take care.
Kevin... As you wrote, the Co now has 2.1 mil shares out there after the conversion. That would be in line with how the price fluctuates with great swings being that there are not that many shares out there.
Regarding how it could trade 5 mil on one or two days which it did. Very possible. I suspect that was due to alot of daytrading (which I do not do anymore). As I watched this stock last week, there were so many opp's to have bought and sold it on a few days. I even posted on a few other message Boards what a day traders delight this one was. I'm HOLDING and like I said have bought down on it 4 times. I have never had a stronger feel that a penny stock is going to spiral back up that with this one. IMO, I think our day is imminent where we see one of those days like other pennies where the pirce is up 400, 500, 1000 percent. My opinion but I have a great feeling on this one til I am proven wrong by someone and I am always open for criticism.
My last 4 the night. I think I am posting to a "Dead" Board but that's alright. This Board will "Light" up in the days ahead. Trust me. To those that read this: I have been doing this for the past 15 years and admit I have lost a ton of money doing so but I have regained a decent amount in the past few years. I learned a tough lesson and that is not to follow the "Herd". Eventually the "Herd" will find its way to you if you have found a good pick.
What I am saying is that I could care less if others believe what I Post. I am NO hypster and I do not write that "My team" will move this stock up like others on this site. I do not post how much money I have made on a Stock. I only Post in what I believe in which is what you can see by checking out my Post history. And... I only started doing that in the past 6 months here on this site and I am still wondering if it is worth my time and effort. I could do this on my own and life would be a lot more simple without posting.
All I got people. Good luck to all. I believe in this one and have watched it relentlessly in the past week along with buying several times down as I posted.
I am telling you Guys.... this thing is poised to move up. Major downtrend from multi cents just a week or so ago to now just 2 cents or so. I watched this one all last week and with every buy or sale the B/A changed some 10-20 percent. This thing has had fluctuations throughout the days last week of over 100 percent each day I watched. I posted a few times on the Stockhaven Board on it but that was about it as I do not pump plays here but rather just post my true feelings on a stock. I can say that I have bought in 4 times in the past week on the down swings (Most recently last Friday AM at .027). I wouldn't buy more if I didn't think this would be upward bound. I think this has bottomed. I do NOT day trade but this one would have been a daytraders delight last week and it had decent volume to do so. This Stock has so few shares currently OS that it is not even funny based on the flucuations.
I am just saying the above comments on this one. I believe in it and I think it is a little "Gem". I need noone to believe in my thoughts here. I do my own thing and invest on my own. I only Post here and there and am not some hypster here posting 100's per day. No hype. I may be wrong but I am in this one. Have a good night.
The AS at 6 Billion???? I disagree with you 100 percent. I have been doing this for a long time and there is NO WAY this stock has that many OS based on the way it trades and upticks/downticks on a few thousand shares traded. But.... I respect your comment.
I hear ya. I think this is one of those that is just poised to "Shoot" up and big and there is little attention on it. I'm not a pumper and have posted this one on a Board or two over the past week. I'm smiling.... If I was to ever make a call here on this site for a penny stock based on my past 15 years of doing this; this one would be it yet noone is around. Oh well, we shall see what happens. I certainly have bought down on it and I truly believe this thing will go up.
I have bought down on this one 4 times in the last week in the 3's and 2's. I usually never do that when a stock is falling. Something has me sticking with this one. Decent volume, down sharply and very little exposure on any of the Boards. Watching the huge swings last week on a daily basis I believe it is just a matter of time that this thing skyrockets. Not pumping......Hell, there is noone on the Board to pump it to LOL. I'm just saying..... Watch it!
Hi. Appreciate your Post to me. Unfortunately, I do not have much more to add. I have been posting here since last Fall. My "Gut" feel tells me it is done. Honestly, I spent more time and effort on this one that any other stock I was ever in in the past 15 years. I do not think this one is going to go anywhere. Just my own opinion though. Good Luck to you.
I sold my position in Feb in the .00 teens range as I had posted many times. I was only holding out and watching here as I belived in this one. Good luck to you though. Be good.
My last Post on LKEN. No reply needed as this is just my own thoughts. Waited relentlessly and have been on here since 11-10. I see this thing going nowhere. I have seen it and been in so many of these. I can make it real simple and keep myself from posting a LONG message here. This Co was very active with PR's back in January/February. We all believed. They made it sound like they had the "Item" which would take us further. They may. I am not negating that. But something here is WAY wrong. Adding more shares to the OS, lack of clarifying any of their PR's from month's past, NO followup to the PR of being in "Talks" with a worldwide retailer etc...
I wish all of you luck here but I haven't the time anymore to spend focusing on a Co that has shown us that they do not have the revenue to support a PPS other than in the single .000's. Shame. If they had done it right things may be different. But this is just another Penny Stock/Co that is doing the same ole....
Later and maybe I will see some of you around on other Boards.
You're welcome! I am a true believer in only marking Posters that have true comments and no hype. I think you may be one of those. Be good. I'm sure I'll see ya around on other Boards.
LJPCD +44% .0288 HOD Was .40 on Monday. Check it out. Moves on air.
Radar LJPCD +25 and VERY low OS. This thing moves on air. Been in it and watching all week. I'm telling you guys; this thing would FLY with a little more volume. Check it out.
Wrongturn. Couldn't the Troops keep the PPS up? I thought they had so much power here as you claim. I see its RED! LOL
BOZ... Board Member mark 4 U. Somehow I actually respect you and your comments. I also ask; Where are they?
SEC loves ones like wrongturn..... Keep it up my Friend and you will see that Ihub Jail was nothing. You have to be proud that you were actually banned from posting here I believe. You are a FRAUD that misleads all the children here on this Board. You move from one to the next. Unfortunately most that follow you know no better. Oh well. If I am not mistaken, I believe some on this Board were Indicted on federal charges in the recent past for engaging in activity such as you. If it works for you... great. Based on how you Post and manipulate; I think your time will come shortly. To you I say; "You may have to bring in the "Team" as you elude to always.
Wrongturn; the Board is not luvin you my Friend. Take your Ego and move along and far along!
I called this Tuesday evening and many bashed the living hell out of me. I stated that it "May" be a good play but this suit (if at all) would NOT be settled for years when we are talking about billions of dollars. People, look at how this site works. Everyone promoted this stock like crazy the other day with no knowledge on any fundamentals of the lawsuit whatsoever. Notice, they are now all gone. Hmmmmmm! They said it was going to 10 cents. The said they had studied law and had knowledge of things. One posted his Father was a Policeman and he knew how things worked. One posted that he used to be an Attorney and knew what he was talking about. They are now all gone! Don't you guys get it? Does anyone honestly think anyone would have hung around in this stock when they didn't get their instant gratification the next day? Of course not. They have moved onto other hypes. Me on the other hand..... I believe in certain things and hold these pennies long in certain cases and this is one of them. This suit will not be settled overnight but it may be down the road. Who knows. I tend to do better with my investing methods when I buy and hold based on what I believe in. Others scramble from one to the next. Whatever works for them.
Wrongturn... Do you LOVE yourself this much that you have to post relentlessly, in Bold and in Caps? Good Lord, Dude!
Bullet... w all due respect this can NOT get settled in weeks or a short term as you implied. We are talking about a billion dollar Suit here which involves allegations of wrongdoing in the mortgage industry. Do really think a large Bank is going to "Settle" in a few weeks for that amount of $ ? The Co has to prove that there was intent, wrongdoing and even going so far as to prove negligence. Again, I believe in this Co and the concept of them filing such a Suit as like I shared last night I have one of these screwed up Loans. But... it will drag on longer than most "Hypsters" here on the Board care to hang in there. Most will depart in the days ahead as they have NO idea on logistics of this Suit and what it actually means. Several Posted how this would go to cents and dollars with NO knowledge of anything. I'm in several of these type of Suits personally from my Mortgage and not from the investment side) based on my Mortgage and I can tell you that of all the Court Docs I receive this is a very long drawn out process. Nothing is going to happen real quick here. I'm being honest from both investing experience and from actually being involved in these Suits. To the Board: If you are willing to wait it out you may gain decently (thus myself holding LONG!) If you think things are going to happen overnight with this one; you are mistaken!
My take. Last night I posted honest and real posts only to get knocked down by many comments back to me although there were also many + comments I received. I mentioned it last night that I did not see THMRQ going to 10 cents today like some posted. Heck, several Posts even mentioned that this lawsuit would be "Settled" in several weeks. That is flat outright insane to have posted. A multi billion dollar suit against very large Banks and some Posters found it in them to post that this would be settled in a few weeks? That is pure HYPE my Friends. I am in this as I said last night. I give this Co great credit for having the Balls to step up to the Plate against the larger Banks. I HOPE thier contention is right and they (THMRQ) prevails in their allegations against fraudulent/predatory lending that was done a couple years back.
As I said last night; This stock has huge potential based on this lawsuit but this will drag on for years. Trust me. That is why I projected that this thing would not shoot back up today. And... it didn't.
There are two types of individuals on this site. There are those that can hold (even if it takes a year) and they reap the benefits of situations such as this down the Road. Then there are those that get into it and having NO knowledge at all and post ridiculous Posts over and over with hype.
People, can this Stock gain substantially if they win? YES! It may be a year plus down the road and then maybe they do not win. But to buy into all this crap on here from children who know nothing and project that this stock will see 10 cents today (it didn't) and others that post "Dollars are coming" is insane.
Those Posters are the "Crack/Heroin addicts of stock trading that need their "Fix" for the day".
Be long and you will possibly make out well on this one. To all the rest that are in it for instant gratification and misleading others..... move along.
All I got. Again, I hold this and am not bashing. I think this is a great Stock to hold. No need here for the "Hypes" to try and promote it. It is what it is and time will tell the true story here if the Co has a valid claim. That is to be seen. I believe in them and will wait it out in the years ahead. The Posters who hype it and have NO IDEA other than to make a quick buck....Move along guys.
I couldn't agree with you more. Got in this AM. This stock had "Swings" thru the day like I have never seen and there was consistent volume throughout the day. Somehow I am liking what I saw on this one today. I too agree and believe there is nothing but "Up" from here. GL
LJCPD +96% very low OS of less than 1 million, 52 week low yesterday and bouncing around today on very thin trades!
Check out LJCPD steady volume and it MOVES on nothing. Was just 70 cents a few days ago. Less than 1 mil OS. This is one of those that could be up a 1000 or 2000 percent with some more volume.
LJCPD +66% > 1 mil OS Moves quick!
Bullet... In all due respect. I ended up with that Loan unbenounced to me. I have been in my home for the past 14 years which I had built. I did not "Speculate" like others. I did a simple refinance a few years back and ended up with this type of Loan. No bad credit. 21 years on the Job with the Fed making some $125k per year. My record speaks for itself but I ended up with a Loan with these crazy terms. That is the problem out there is that there are so many that think that everybody that has one of these Loans deserved it or had bad credit which is why they were "Served" such a loan at the time. I can tell you that is not the case with me. My FICO is and has always been in the low to mid 700's. You obviously are one of the misinformed out there that assume that everyone that has a subprime mortgage was someone that should have never been approved. You are wrong!
Yu wrote "Go RFMK" Do you even know what Board you are Posting on? That is the prob here. Perfect example with this Post of yours. You do not even know what Board you are posting on as you move from one to the next for your own gain and to hype a stock to make a quick Buck. Incredible.
You are correct in that this Co may have been in the much higher dollar range years back. So was every other mortgage Co and most fell off the face of the Earth. Whole different Ball Game today. HSBC was worth alot more back then. CIT Financial (Not CITI) was worth aloth more back then. Vericrest Financial was worth alot more back then. Wells Fargo was worth alot more back then. Countrywide was worth alot more back then. I could name 50 others. Do you wish me to continue? You are comparing the past to the present and that is unrealistic. This Co filed BK. Like I said; there can be money made here but DO NOT go Posting and referring to "What was" as that is in the past. My home used to be worth $425,000.00 and now $350,000.00 or so. See what I am saying. Be realistic Dude or at least know what you are talking about b4 u post!
I am IN many of these lawsuits as I mentioned in pervious Posts. I have been included in them as part of the "Class action" suits that many of these mortgage Co's have filed and only in them as I refinanced my Mortgage during that time period. These things drag on. I get countless court docs in the Mail everyday. Would you care to get into specifics on the mortgage lending business during the subprime era cuz if you do I will tear you apart with my knowledge. I have dealt with this (my own mortgage) for the past 3 years. Don't question my integrity/knowledge but you continue to Post your little "Hypes".
Box405.... Do you even know what this Co once did and what the logistics of the lawsuit are???? Or are you posting relentlessly just on pure hype to promote the Stock with no factual basis whatsoever? Just asking.
Appreciate your Post and that you have studied law and your Father was in law enforcement. I myself have been employed in Federal Law Enforcement for the past 21 years as of this past 4-13. I know how things work. In addition to that, I unfortunately have one of these Loans which this Co is filing a lawsuit about and good for them and I give them great credit for doing so. About time some of these smaller mortgage Co's stand up for themselves for taking it in the *(^ in the past few years when all the big Banks were shelling out these subprime mortgage loans unbenounced to many of us. If you believe 30 cents; I respect your opinion. I am just saying that this will drag on SO long that most will get tired and sell in a day or so not understanding how the process works and knowing that they will not get their instant gratification. That's the way it works. For a few that decide to hold long.... maybe it will work out well for them. But for most of the Children posting here looking for a few "Bucks".... they will end up selling in a day or so and that is why I said all along tonight to everyone to make a gain and sell when you are comfy. All I got.
How on Earth can you predict .30 b4 Settlement when Settlement will most likely come years down the Road and that is if they can prove their case and prevail and win this case in Court. Then you Posted that just 2 years ago they were worth ????? Two years ago everything was worth much more. Be realistic. This is a Co that got caught up in the subprime lending era and got "Burned". To prove that it will take years to get this thru the Courts. Granted I know from being in it this mess of subprimes that many Co's did nothing wrong and got screwed cuz of other higher up lending Co's. Again I commend this Co for having the Balls to go forward with this Lawsuit but to compare what their Stock price used to be to today is not valid and is pure hyping on this Board. Do not mislead with your Posts. This will go up but do not put projections out there of those #'s when the Co is in a whole different world today. No need to hype a Post of some ridiculous price projection to mislead others when you probably have no idea how this process even works.
I knew this would be the case. Since I posted I have received no less than 10 PM's and the "Just" of most of them was asking me why am I trying to steer this stock down and to stop posting comments and why I am trying to take the momo out of the stock etc.... Funny how they will not post those on the Board but rather thru PM's. I am NOT trying to take any Momo out of this stock but I am trying to be realistic and give some guidance to many that got into this stock today so they do not lose thier Ass on this one. There is money to be made and I again reinforce my Posts that I believe (IMO) that this will go up. But, I will not hype anything on this Board for my own gain or for the gain of others only at the loss of others. I know that is contrary to most on here who want to make a killing off of other people and then "Walk". That is not me. If you dislike me for my comments; that is fine. I am one of the few on this site that does not flip flop from day to day and post things for my own gain. I said it as it is and believe that. There is money to be made here but I disagree with some of the hyped up projections. Like me or not; that is your choice. I have nothing to gain/lose here. I post it as I see it.
Bullet... there are SO many variables in these situations. Plus, this will no doubt drag out for years (the Lawsuit). Like I said, I have become a "Member" in 2 of these type class action lawsuits just for the mere fact that I refinanced my Home during the predatory lending period in the past few years unbenounced to me. I get tons of court docs in the mail all the time and again these type situations drag out for years. That is why I posted and said that this is a pure MOMO play and everyone has to exit when they are comfortable with their profit including me. I'll be the 1st to admit here on this site as I am honest as hell with my postings.... I will exit in the very short term with my gain. I will do so from my own experience of being wrapped up in this mortgage mess and know how LONG the process takes. As a side note, I hope all noticed how many of the daytime Posters on the main Boards (Stock Haven) even exited in the early AM to which I replied to them earlier (check my Posts) and one replied "If we can make a second kill on this one, I'll send the Troops back in". This is Pennyland. It is what it is. make some money on it in the day or two ahead and walk away with a smile.
Hi Rainer. Got your PM. I am NOT trying to kill any momentum here. Why would I as I am in it. Hell, if I can make money off of this Stock after I have paid out some $80,000.00 in interest on my Mortgage in the past 3 years due to my subprime loan.... I am all over it and again commend this Co for standing up to the big Banks! I was just trying to Post something as I have 1st hand knowledge in what the Co is alledging as I have one of these screwed up Loans. That's all. I do not pump, promote or negate. I just say it like it is. GL to everyone here including me.
JMBAR2... You are very welcome. Again to all, I am IN THIS. I am NOT bashing but just wanted to give a perspective my view and what the Co is doing which again is a GOOD thing and that is calling out other lenders for their lending practices they did in the past few years. I COMMEND this Co for having the Balls to do so. I wish them well and hope they ultimately win this case in Court.
Couple points to make. I know some may bash me but that is your choice. 1stly I am in this one and did so this AM and believe it is a pure momo play and nothing else and not for the long term just to let you know where I stand. Couple things though. The news of these lawsuits came out yesterday already at 12 Noon ET. Why didn't this thing skyrocket up at that point if the news of the lawsuit is what actually propelled this stock up. Or was it rather Momo on this Board/site today that got things going? I'm just asking. I would have thought that the reverse would have happened and that is that this thing would have propelled yesterday at the second the news was released at noon. Just an observation. We see Posts all over the Board here today from 10 cents to Dollars. Lets sit back and actually look at this b4 we project some (my mind) outrageous projections. Is this a Momo play? YES. Will it probably go up further? Yes. But long term and to try to insinuate anything long term is very convaluted. The Co is in BK. There are many factors that go into things when liquidating and now on top of all that the lawsuit. This thing will drag on for prob years. I doubt anyone here tonight will be in it when the finality of things come which could be + or - What I am saying (pertains to me also as I am in it) is sell when you are comfortable with your gain as we all know how these work. Do not get caught up in all the Posts promising "$1.00 for sure" or "This is going to 50 cents". Alot of people who got in this probably do not even know what the Co did or what a subprime mortgage/predatory lending is which is the Co's claim. And they do not even care as they are just in it for the hype and I am telling you to watch it CLOSELY and exit when you have a gain you are comfy with.
What this Co is doing (filing a lawsuit) is good. I say that from 1st hand experience. I know exactly what sub primes are, how they were bundled as multi million dollar packages and sold to investors unknowingly as they were given to individuals on their home loans. I understand the Co's contention. I am a holder of one of these F&*^ed up loans. Didn't ask for it and didn't know I needed a magnifying glass at closing to read all the very small print. After 5 years my terms state that the loan will adjust and never be lower than 14.75 percent. Fortunately my lender (HSBC) has worked with me and kept my monthly payment at $2700.00 vs the $3800.00 it jumped to. And, fortunately I have a good job which is in my favor. But..... I am saying I know exactly what this Co is suing for and I am part of many of the class action suits out there for these type of loans that were "Shelled" out 3-5 yrs ago.
Bottom line: All I am saying is that most here are not going to hold out and hang onto this stock for years down the road when this gets settled if they even win. This is a pure Momo play and play it as such. Don't get burned here guys. Exit with a decent profit as I will.
Thanks for reading. Be good.
Where r all the THMRQ Pumpers from this AM. All morning they were promising everyone it was going above 10 cents, and into dollars and all the other BS that some people still get caught up in. Notice now how they have all sold, departed and left with YOUR money. Folks, watch out for the ones that relentlessly post as they have NO agenda other than to screw you! Classic case again this AM and I'm sure many bought into it.
So WRONGTURN.... are you like the "Commander" for the Troops? The Man in power??? LOL!!!!!!!!!
You and the TEAM got out. Why do you care if .026 is the bottom or not? Move along now.