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The bottom line to me... with all these new shares coming in, the company does not want to shell out $13-$14 per share to the new holders. Therefore, they would be much happier to spend their capital alloted to that project to buy back shares as they have mentioned before. The natural price of the stock is expected to be $7-$21 after the merge... and if they can buy back shares to inflate the price to $15 in the next few days... they would have no concern about paying out $200 million to new holders... rather they could pay around $10-$50 million to eat up most of the float here.
Some bought at .15 and it's worth 1.55 earlier today... who are you ?
Lunch time doesn't last too long...
I made a quick 8K profit move on FHAL... now I bought back in... ready for the next move higher... seems technical charts don't matter on FHAL now... only a little patience as it runs to $7.
Meanwhile... I have a 1 Million share position in CRGO as it looks outstanding and looks like no dilution going on... just a great penny stock with great things to come soon.
FHAL... pullback... new buying pressure stepping in... jump on now... the train says it won't stop until $7-$15 or higher...
You didn't miss... $7 is the fair value in the PR... and that means we could go higher... that is why the buying won't stop and I won't stop buying!!!
OT... JUST bought CRGO... it will run... it is primed... soon.
Wow, this turned out to be significanly wrong shortly after it was written... impressive.
SUGGEST? IT HAPPENED... WHAT DO YOU MEAN SUGGEST... IT DID 100 MILLION IN THE 5 MINS BEFORE I POSTED THAT.
BKMP VOLUME SURGE... UP TICK ... AND GONNA BREAK .001 ... HURRY AND GRAB THOSE .0009'S...
BKMP WAS PURCHASED BY SHAKERZZZZZZZZZ THIS MORNING... ALSO, CHECK SOUTHENDSTOCKPICKERS... ALSO, MRSMITH GOT IN TODAY... WE WILL RUN BOTH ON DAYTRADING AND EXCITEMENT ABOUT MMA... TIME TO LOAD BEFORE IT EXPLODES!!!
BKMP VOLUME POURING IN... VOLUME PRECEDES PRICE... TIC TOC TIC TOC!
BKMP volume alert... 100 million in the last 5 minutes... Up tick to .0008/.0009...
UBSS stocked up at .0007, now he is willing to EAT the hell out of .0008... we are ready to move................!!!!
VOLUME ALERT... 100 MILLION IN THE LAST 5 MINS.!!!!
Bid got spanked... and held strong... we are ready to push.....................
RE: WTVN... don't disagree that people are buying in quantity, which certainly equals accumulation... problem is, without enormous buying pressure, she will not continue to grow... the dilution just keeps coming down on top of the beginnings of a push higher.
For those fools who think BKMP may be diluting... take a look at WTVN... that is what dilution looks like...
I am thinking a portion of people are thinking the run has taken a break... and with other pennies running now... they figure they can exit and get back in later at the same price. Could be a good decision, but also quite the risk!
Fair enough, but at the same time... they didn't call it back in October or December... they called it quite close to the starting point of the run.
My point is they aren't a typical pump and dump...
And they were right the last time too... they called it at .0002/.0003... couple weeks later... we got that bounce off the bottom.
Southendstockpickers.com... I think isn't much of a pumper... they have historically not been good at pumping... they don't really have any effect.
They are more like a forecaster... and a few weeks later you look back and say, hey those guys got it right...
Seems like the float is next to nothing... what is the latest info?
New owner of NTCI... I like how easily this stock moves. A little buying pressure... and we are up 300%.
In any case... sounds like there is no dilution going on here... and the excitement is building!
GLTA!
I am now on the bid with 14,000,000... I will let ya know if I get filled... but highly doubt it... there is a very hungry buyer sucking up shares at .0007 now...
** This is my actual last post... **
I just did a test sell... and will buy back... but they ate my shares up within 2 seconds... I have never seen that happen so fast...
My trade confirmation was shown as 1 trade...
Just FYI... honest... dumped 13,500,000 shares a minute ago... and they took the whole enchilada instantly... this is a game... don't be suckered!!!
Normally if the stock is legitimately going down and a larger sale comes in, they will debate about dropping the bid... 2 seconds means no debate.
** My last post is done... see ya tomorrow!**
Finally, a response that goes with my original question. Thank you very much for the insight.
5 months is too long... thinking the big score will come in 2-3 at most.
That's the day... we had a lot in the pipline and a lot of trading happening at .0012-.0014... and then the PR's were kinda dumped on us... instead of being strategically released.
I am just thinking that they knew those PR's weren't the big ones... so, they didn't need any strategy... and they knew we weren't ready to make our way to .01 based on the charts, etc.
They will delivery us the big money hopefully in time for my B-day on September 27th.
GLTA... still holding 113,000,000 shares at this moment and looking to buy in heavy with any dips.
I trade TRE and I read www.jsmineset.com and kitco every day...
I guess the blinders are on for those not running from this thing... o well.
Good Luck to all ... I am jealous of those who were able to pick up .0001... but not jealous of those who are holding the CD long term... scary scary.
The history of penny runs always shows a bump a few months before the mother of runs... we are still in the bump mode... you have to look at the runs... USXP, RSHN, CNES, even PAIM did a bump upon decent news... but didn't run until a month later...
Patience will be heavily rewarded...
More money for more buyback could have come in as a result of the recent PPV... that was the highest priced one yet!!!
So, we had major buying that sent us to .0009 today. Anyone who wanted to sell had great opportunity at .0008 several times today...
So, why are we headed down... must be the buyback... just must be.
Why did the company put out 3 PR's in one day... because this is just the start... hold tight... and look forward to the huge millionaire making run that is coming in short order!
You missed the most important part... you are not very sharp if you do not liquidate your CD at anything above .0005... because you can take away your risk at that level. Holding until higher is just foolish because there is no benefit since there is no interest? Would you give money to your bank if they told you there is no interest for the first 5 years? What on earth kind of sense would that make?
I remember feeling baffled like this when the buyback was going on down at .0002... artificial push... just means buy at .0007 if given the opportunity.
my fresh $35K won't be in until Tuesday... I am screwed... I would love some 7's.
Nobody has responded to my two thoughts... I like the prospects of PAIM... but I just need to questions answered before I try to buy a ton during this slight downturn at .0008.
It's tough to call this a buyback since all the money they used for the buyback is going back out via CD's. The company essentially didn't use any of their own money for this buyback... it appears it is just a scandalous way to do an R/S.
Can someone explain how this increases shareholder value?
At .0006, everyone who was in pre-buyback can liquidate their CD + their original shares at a profit. So, long term, all the shares that were bought back could easily be dumped since the shareholders will want to take the profit.
The temporary reduction in o/s will be met by constant CD conversion since there is no interest on the 5 year tie up of shareholder cash?
What am I missing in my DD???
BKMP back to #1 status on IHUB top 20!!!
The fact that this rep knew of TFN and was aware that FCC approval is the only thing holding it up... is super great news!
Actually since our pps is far from overbought status... it doesn't take much to get some movement... and when the rumors become more legit regarding a us carrier... we will explode!