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Tom... With all due respect I have been doing this for a ton of time. I had never Posted on these Boards til last Fall and got into it more early this year. Sometimes I wonder why I ever did as I could invest on my own as I always did for 15 years without posting and just read the Boards. I did it for one simple reason and that was that I thought I could add some knowledge to Investors based on my experience which I admit "Hands down" is not the greatest. I've overcome many of my shortfalls in investing after my huge losses and thought I could maybe give some others some advice. I have learned that it is questioned very quickly on this site which I can understand. I see the slamming people do to one another on this site which I do not believe in. As I write; There are Posts being posted out there on the "Haven" site here on Ihub and how it is going to skyrocket this week only to bring newbies in. That is NOT me. I have always believed in posting only credible info here for others to read. I DO NOT belive in screwing people over which is why I am no longer a candidate for this site to post. I have better things to do in life than waste my time here posting.
But, to get back to your allegation that I did not substantiate anything in my last Post. I can say this. After 15 years of investing and everytime there was an insinuation of wrong doing of a Co.... It always turned out for the worst. Here we have a very lengthy Complaint accusing possible wrongdoing. Based on my experience; I do not have to wait around to hope that it is false. When it gets to this it is usually true.
Thanks for reading my comments and the best to you and all out there.
Tom, I appreciate your comment and will stop posting here especially since I am not in it anymore as you know. I'm not trying to "Pull" anything as you insinuated. I was just trying to say that the length of the Complaint is very indepth and LONG! There is a reason for that. In my line of work when we Indict people on criminal charges the Indictment is typically some 3-4 pages long. When I saw this lengthy paged link it only led me to believe that there may be some serious allegations out there and this was a very long term investigation. That is all. Good luck all and obviously my presence on the Board is no longer needed here. Maybe I helped and maybe I didn't. Doesn't matter to me as I have nothing to gain from Posting other than wasting alot of my time. My life can go on without posting on this Board.
Agreed! Small Float. Up 290 Thursday with no sell off at the end of day. Friday another 45 percent at the end..... Small float and getting numerous comments on the Boards I have been reading. Go VIGS!
VIGS.. WATCH it! Up 290 Thursday and another 45 percent on Friday. No big selloff and a super low Float.
My own feel on this.... and you all know I have been honest and never bashed it. If I was an investor not in it and considering buying in for some suspected substantial run up; I would not. If you day trade then go for it as there may be some "Swings" to make a Buck. Even if I was a daytrader, I would be hesitant here. I think this thing is going to plummet more this week as the "Divy" date comes and also with the posting last Friday of the Complaint which was very lengthy if you read it. This was not some simple, by the Wind thrown together allegation. From looking at it I would say IMO that this was a long term investigation. I would also note that the other day when it plummeted there were a ton on "New" Posters saying how they would get it back up and it was going to skyrocket. Please notice that after the next day when it was unable to move up more than .0001 they all disappeared. I know that many of you are holding cuz you are trying to break even. I understand that. Been there. But, I think this Co will face more negative probabilities than positives in the short term. They may make it some day being they have a viable product but in the interim I think there are some serious things out there as was evidenced by the Postings on this Board last Friday night by Renee. My GUT feel is another penny Co in trouble for criminal activity at our expense. FWIW and do not bash me. I am just writing this from so many years of experience doing this. Take care.
Hey Hotrod. Didn't see your Post til tonight. I agree with you 100%. It is what it is. There will always be another one of these to invest in. Glad you didn't lose a ton on it. Maybe you'll be able to recoup yet some of your losses via daytrading it. Good Luck to you. If I am not mistaken time is drawing near for you on the 1st arrival. That may put a "Damper" on your time to be trading stocks :) Kidding! Awesome event you have coming and I wish the best to you in the coming time. Be good.
With E Trade (been with them for 14 years and they are GREAT) you can have 2 types of accounts: Either a margin or a cash account. If one has a cash account they require that when you either sell a Security or deposit $ into your account you must wait a 3 day period b4 the funds are available/ "Settle". If you have a margin account you have access to the funds immediately after doing a online cash transfer to your account (up to the current balance in your account) or if you sell a Security you also have immediate access to the funds for reinvesting. One can change their account status to a margin account status with ET anytime even if they do not meet the $2000.00 minimum requirement for margin trading. Example, you can have a margin account and not be able to trade on margin if the balance is below $2000.00 but yet your funds are available immediately to reinvest in other stocks even if your account balance is below the $2000.00 minimum equity requirement. Hope that makes sense. Sometimes many of you may think that your funds are not avail after a sale (as they are not) but it is just a matter of switching your account to a margin account "Status" which means nothing other than the fact that your funds will be available immediately to reinvest in another Security. Hope this makes sense.
Lastly Guys... I will say this. There are many Posters on this site. You have to take what they Post with a grain of salt as I always said. With that in mind; there are a ton of great Posters. I came on here and said it like it was all along with my own beliefs. I've been doing this way too long to do otherwise. There are those that post relentlessly and have pix's of high end cars on their profile and the such. That is not me. I may have been accused intially when starting to Post of being shacked up at a Holiday Inn Express Hotel room with no substance to my Posts being I had never posted prior to that. To the contrary. I hope my Posts have helped you all over the months when I held LKEN. I hope to see many of you on other Boards here. Have a great weekend and be good.
Sounds good. Next week will tell. Just on a side note and way off topic.... I just happened to grab my pile of papers on all the Co's I have been invested in (mostly pennies) since the early 2000's and the dot com era that I am involved in class action lawsuits with. Somehow the law firm finds out all the investors and sends out the paperwork to fill out. For whatever reason I filled out all the papers over the years on what I bought and what I lost etc... A LONG process. I think I have received a actual Settlement Check for several and it is pennies on the dollar amount you invested after the Court/Attorneys fees are subtracted. I'm just smiling right now as I look at this pile of Papers I have and knowing that all those were scam companies. Like I said, I will most likely get nothing from most of the Court Settlements to maybe a few Dollars here and there from some. Like I have always Posted; I am not new to this and have been around the Block in the past 15 years. Hope my comments have helped you and others. Take care.
Hotrod. I know we have our differences from past Posts but I certainly do envy you for your postings I have read over the months and for your help in keeping this Board alive. You have to do what is right for you whether that means selling, buying etc.... I wish you the BEST! I definitely wish this had comeout better after all the time we all put into it with our Postings. Oh well, that is penny land. Live and learn. I definitely have done that! The best to you my Friend.
I think you are right. Talk to you soon. Be good.
Hi Slide. You asked for an example. I could literally give tons of them from my experience. Don't get me wrong.... some of the Pennies DO make it but many of them are scams not to say this one is. I am just offering my opinion. Some years back there was a Co I believe with the ticker VLTP (Vital Living Products) and that was in the era of the Bio mailing scare after our attack. They literaly marketed a product that was in ACE Hardware Stores and everyone thought it was going to make it. It was a Penny Stock. They were even on one of the morning News shows. I remember one morning waking up and it was literally on the national news how the Co CEO was indicted on federal charges for deception. That is just one example. I could name 10 others in a heartbeat. Believe it or not I could prob name 20 others from the past years that do not trade anymore. What I am saying is that there is about 1 legitimate Co out there for every 50 other penny Co's. Some make it and many do not and some literally end up in Jail. All I am saying is that I have seen it and here we have another Co that has questions tonight.
Look, I am not here to bash or promote. I am just me and telling you all my past experiences. Whether the Board wants to believe me or not is their choice.
Hope this helps you out with the your question/Post.
Slide.... I do not profess to be any legal expert whatsoever. But, I can say that being in the field I am in and have been in so for the past 22 years I am very familiar with Criminal Complaints/Indictments and deal with them on a daily basis on the Fed level. The mere fact that this Co was mentioned/insinuated steers me 100 percent away. Whether they did wrong in the past or not I am not about to wait around to find out anymore nor will I judge like I said in a previous Post. Like you all know, I sold my position weeks back for a small gain/almost break even from my holdings in 11/10. I've hung around here thinking "Maybe" this Co.... No longer. Good luck to you.
My take Guys...FWIW After seeing these Posts I NO longer have any reason to believe in LKEN. Whether they are directly involved in any wrong doing or not is not for me to decide. BUT, I will tell you from investing in the past 15 plus years whenever it gets to this point with any stock where there is any insinuation that a Co "May" be involved in wrongdoing by the SEC-I am DONE! I have seen it so many times over the years. I was still hopeful last night that things may turn around with this Co and whether they do or not; I am not about to wait around to see not that I am the judge of that.
I work in fed law enforcement and have been there for the past 22 years and read the complaint. It is Lengthy and I only quickly scanned over it but I didn't need to read anymore after just the thought of this Co possibly being a target of some not so wholesome activity.
Again, I am not insinuating anything this Co did was wrong but I am saying if there is even the slightest tinge that something is not right; I am gone.
I wish you all luck but honestly.... something is NOT right here. A company that had a product. A company that had pr's and said they were in talks with Rite Aid and had a deal (didn;t happen). A Co that said they were in talks with shopping networks. A Co that said they were in talks with a worldwide retailer in 1/11. A Co that said they were going to give a Divy in April. A Co that diluted like crazy in the past few months. WOW!
I wish you all luck and I thank all of you that respected me with my thoughts when I was in LKEN. I'm still on the Board and hope to see many of you on other boards. This is Penny Land. This is what happens to some of the Co's. Unfortunately I somehow have witnessed it time and time again. Take care and be good.
Run4it you are 100 % correct! Been there and seen it over and over in the past 15 years or so of doing this. I've seen many of these pennies with a share structure similar to VIGS literally skyrocket to double digit cents. I'm NOT saying that will happen but things appear to be lining up in our favor on this one. This thing ticks up/down on air and IMO next week could be very Green; at least I hope so. Good luck to you.
Understood my Friend. Thanks for clarifying. Good luck to you and all of us here.
Agreed Guitartattooman. We've been in a "Tight" trading range for days now only to move out of it today. Hopefully this continues next week. As I said before this is still a ongoing situation over there and noone knows what the ultimate outcome will be. Time will tell. Time will also tell what this Co has to say about sales of their product over there since the crisis. As I've always said/posted; we need to be patient within reason. I'm not talking about waiting 6 months but lets give the Co more than a few days to post some positive news hopefully. I would suspect we hear something in the next few weeks. Patience is Key here. It's hard to hang on in penny land and I definitely know that but sometimes those that wait it our are rewarded the most. Go UNDT! All, have a great weekend.
Impressive day today after yesterdays 290 percent run! No major selloff whatsoever which is so common after a huge day like yesterday. Lets hope for a Green week ahead! All, have a good weekend.
Off to Bed.... As I do so I can literaly say I am totally on the "Fence" on this one. I have never been so adimant about a Co or spent more time on a single stock other than this one and I am not even in it anymore! If I didn't have + thoughts I would not be here. I am waiting to see what the days ahead will bring. A Penny Stock with an actual product? Yes, they have it. I haven't seen that very often. I HOPE they do not screw it up being they have something that would be bought by every Household. All be good and have a good night.
VIGS Guys. Check it out. Low float, decent amount traded (1 mil plus) and held up well into the close with a 290 percent gain! Not "Pumped" on the Board and held its own. FWIW. Not a relentless Poster here on Stocks but this one may have some "Legs" for tomorrow. Your call. Have a good night.
I'm with ya. D Day is coming up here shortly with the Divy. We shall see what they have to offer in a PR if they have one regarding their sales, product and promotional avenues to market it. We need something here from the Co that is for sure. Great product and I just hope they will make it unlike so many other Pinks. Take care.
VIGS People! Check it out and make your own decision. Low float, decent volume and held up super well into the close today with a 290 percent gain. No major pumping on the Boards. Check it out....
I agree with you thus is the reason I am "Watching" it. Have a great night.
VIGS up 300 today with no selloff at the close. Nice volume of 1 mil plus and a low float. You decide. keep and Eye on it!
Held its huge gain for the day with NO major selloff in the end unlike most. Small float and with continued buying interest this could bode well for tomorrow. GL!
So true Slide. You are an optimist as you replied to me last night (Thanks for the nice reply BTW). Boy, somehow I can not leave this stock Board and am still hanging around even though I have sold as everyone knows. I've been doing this awhile and seen many things happen. Most were not in my best interest. My "Gut" feel tells me this is done. Yet there is something that keeps me here. Here me out. Unlike many others I have been in over the years; LKEN has a viable product. We know that and have seen it. PR's came out about several possible deals although we know the Rite Aid thing did not happen. Things have been very quiet from the Co since I believe 2-16-11 on their last PR. Most of the scam penny co's I have experienced and there have been many would have continued to put "Fluff" PR's out when they see their share price plummeting in an attempt to "Boost" it up. We haven't seen that here. That is what keeps me interested in this one albeit just watching currently. I also realize we have the divy date approaching. I als know we have a ton more shares outstading. I'm just talking out loud here...... Even though my "Gut" tells me this is done; I still have something in me that keeps me watching it. With my luck some astounding PR will come out and I will find myself buying back in at a much higher price which is contrary to everything I wrote here.
Bottom line: Time will tell on this one. But... again I think this could go either way thus the reason I am still here despite not holding at the current time. Hope this makes sense. All, have a great night and be good.
Urdeep... You are one of the people on this site that I trust the most. Slide, you are second in the line! Urdeep, I do not know you or how old you are but you have given this Board a wealth of info. Your account was suspended in the past for a short period only to get reinstated. That speaks for itself. You Posted pertinent info over and over thru the months. I believed in this, you believed in this one and your postings prove it. You did a remarkable job. I commend you for the effort.
The other day all kinds of new Posters showed up and negated all of our comments (Slide, hotstocks etc) as they thought they were in a World of Wonder and they stated they would push this stock up. Didn't happen when it traded in a tight trading range despite their efforts. Several Billions of shares out there will do that. Notice they have all departed.
I believed the concept of what this Co has to supposedly offer. If it comes to fruition it would be great. But like so many Pinks that does not happen.
I wish you all luck with your investments.
Urdeep and all... One thing I have learned over the years having a huge tax write off from investing and my losses; that is t NOT fall in love with a Stock.
Been there and done it and learned a very hard way. Bash me as you wish with this post. I'm just saying.
Urdeep and Slide (and others) I commend you all for the great Posts over the past months. I think this one is done (My own opinion). Take care and have a good night.
TXHE Guys. Look at this one. No pump, held strong into the close and did so on its own merit which often does not happen here on this Board. Most are pumps that go up and lose their steam by the close. This one didn't! I feel good about it. Make your own decision. I do not post relentlessly thru the day for my own gain like some. Check this one out. Tomorrow will tell if I am wrong. I don't hype and am just me and for that many hate me here. Tha's OK. I just thought I would bring this one to your attention. Have a good night.
TXHE +190 .0029 and NO selling pressure at the end of the day like most here. Held its ground! Good volume at 8 mil plus and no huge spread between the bid/ask. Moved on its own with no pumping here like most. Board is very quiet. A hidden little Gem for tomorrow again? You decide that. I'm just saying.... Take a look at it.
TXHE +190 .0029 and NO selling pressure at the end of the day like most here. Held its ground! Good volume at 8 mil plus and no huge spread between the bid/ask. Moved on its own with no pumping here like most. Board is very quiet. A hidden little Gem for tomorrow again? You decide that. I'm just saying.... Take a look at it.
Great day indeed! Held up all day long with no selling pressure whatsoever not even into the close. Moved on its own merit it appears as there was NO ONE hyping this one on the Boards at all. For once it is awesome to see one move up and hold its ground even into the close. Lets hope for some more + days ahead. Good Luck!
TXHE +300 now. Guys, this thing is moving on its own merit with no pumping. I'm just sayin. You make the choice to get in or not. Not a big spread between the ask/bid either.
TXHE +250 now UT .0039
TXHE +220 UT .0035. Good volume and holding with No pumping! You decide.
END IT!!! Geeesshhh! nother pump and dump!
TXHE +190 w UT to .0034. 5 mil in volume and holding its gain!
LMAOQ Posters.... where are you tonight? Where is Ash... Please, I am looking for your DD on these Stocks which you hyped in the past days and what your thoughts are on them LOL. Because I am a actual caring Human I feel for all those that got into these over the past day or so at the gain of some sleezy Posters who do so for their own gain. Pathetic.
I agree with your thoughts 100 percent. That is one of the reasones I exited with a small gain when I did some weeks back after holding since 11/10. I (my own opinion) think the April Dividend deal will not do anything good for this stock. Time will tell. Be good and take care.
I am with you my Friend. I am waiting and hopeful. I JUST do not want to hype the PPS increase chances too much. That is all. Been in many of these that literally rose thru the roof. Way different share structure though. I can't see that happening here with the OS. But, as I said we could easily see 1-200 percent from here. Nothing wrong with that. No hyping and just being realistic. That is me. Be good and have a good night.
Hi Urdeep. You are 100 percent right on with your statement. The Board "Filled" up the other night with Posters when the stock dropped saying how they would move this thing up. They posted on how this was a GREAT Buy. They negated any Post from those of us that have been here for awhile as we were just being honest with posting from our experience on this one. They claimed this thing would shoot up. Hmmm, they are all gone now after the other day when they tried and this thing stayed in a tight trading range. I say no more. There are those that believe here and there are many of you trust me that do awesome work and have held in here. Then there are those that are out to make a quick "Fix" and if they do not get it they Bolt! Sad! We have seen that in the past few days. I'm still watching this one. Hopefully this one will prove us all wrong and eventually come to fruition. Time will tell. In the meantime there will be many that come aboard here that have literally NO agenda other than to either pump/negate this stock for their own gain. Good for them. I think this one still has "Legs" but am watching from the outside looking in. Good night.