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weske, I think you got it all wrong. When vol. is relativly low the MMs will ONLY allow you to sell within .0005 of the Bid and buy shares within .0005 of the Ask if even at that. There can always be exceptions of course, but that's the way irt is as a rule. Or at the Bid & Ask only. It doesn't matter what anyone offers in between whether its to buy or sell they don't allow it. And they probably won't change the Bid & Ask because of the inbetweens either. If vol. picks up that changes and inbetweens might get picked up. There is no retail investor buying at .006 and selling at .009. Maybe the other way around if the person is stupid or really needs the money. And (I don't believe I'm defending MMs)they do it to keep the Bid & Ask from being manipulated by investors.
For instance. Put in a number of small buys & the ask & bid are raised then BOOM sell a large chunk of shares (maybe bought the day before)at the new higher Bid and make some bucks.
I think it would be a good day for the MMs to try a shake to see if they can pick up cheap shares. Maybe not, what would I know. Still it seems like a good day for them to give it a shot as we haven't heard from Larry. Me, I'll give him another month.
Last day of September trading tomorrow. I'm not going anywhere. And just to help me stay here after a loss in roommate rent for next month I received a supprise $240. from the sale of my old house from over a year ago. Maybe a good omen? Who knows, but it cerainly couldn't have happened at a beter time.
Yawn, life goes on.....I wait like the rest.
Ah, but if you adjust for inflation the Dow is still underwater. And just for fun, you should see what the indexes look like if they were valued in Euros.
Well, just finished reading the day's messages. Conclusion, if you're pessimistic - another day of treading water waiting for or ship to come in. I can tread water a long time as long as I take it easy. Got to go somewhere tonight. Later
Yeah, I was being a little facetious earlier. I honestly id't think it would last. It may have let off a little selling presure or they could be playing games again. Doesn'y matter to me because t amounts to not seeing the forest becausethe trees are in the way.
Later,
Stuart
MMs have gone crazy! Bid is .009! Only a .0005 spread. :)
Nah, I rather sell and take a small loss instead of leaving at least 50 to 100 k on the table. I LIKE being self-destructive! Not. I'm not leaving till the fat lady sings
Did ANYONE manage to buy ANY shares today that weren't at the Ask? Just curious.
Only one double post so far which seems like a good sign.
Would have liked to have seen that :). Never on a ship. San Diego,Corrinado,Danang (Camp Tien Sha, Danang),Lakehurst, NJ and Virgina Beach, VA. VB I ended up moving back to for the years 74 to 89. OK, that's way more then anyone wanted to know - I'll shut up.
OT:LOL. It's a long story for me, but Allstate is whom was comparing mine with. I use to get a discount for belonging to a union then then the union supported a different company. All of a sudden I was retired Air Force (actually I spent my 4 years in the Navy (68-72))and continued to get the discount. I called them to set them strait and we discussed it so I left it alone. I believe it's an 8% discount.
Actually I save at least $100. with Geico. I wasn't saying there is going to be news on monday BTW. Just saying IF there is I hope it comes out before the bell because I don't have internet access at work. Hope that straightens that out.
No, I mean is that the Stealth word? Anyway, even though I don't have internet access at work, at least I can get real time quotes on the telephone. That is so last century. I hope when there is news it comes out before the bell.
Monday?
JR, when's the last time you talked to Larry? Also thought I'd post the last hour of trade:
Rec. Time Action Price Volume
3:56:40 PM Trade 0.0089 58800
3:56:36 PM Trade 0.009 58800
3:56:10 PM Trade 0.009 2500
3:53:44 PM Trade 0.0085 63900
3:53:44 PM Trade 0.0089 36100
3:53:42 PM Trade 0.009 100000
3:53:42 PM Trade 0.0085 200000
3:53:42 PM Trade 0.0085 23900
3:53:42 PM Trade 0.0085 436000
3:53:42 PM Trade 0.0085 65950
3:53:38 PM Trade 0.009 726000
3:47:24 PM Trade 0.009 30000
3:46:04 PM Trade 0.008 25000
3:46:00 PM Trade 0.0082 56500
3:46:00 PM Trade 0.0085 286500
3:45:12 PM Trade 0.0085 25000
3:42:10 PM Trade 0.008 100000
3:41:18 PM Trade 0.008 175000
3:41:04 PM Trade 0.008 200000
3:35:20 PM Trade 0.008 174500
3:30:58 PM Trade 0.008 50000
3:27:48 PM Trade 0.006 225000
3:27:38 PM Trade 0.007 11450
3:26:36 PM Trade 0.007 248500
3:25:02 PM Trade 0.007 125000
3:24:58 PM Trade 0.008 125000
3:18:28 PM Trade 0.007 100000
3:18:24 PM Trade 0.008 100000
3:12:28 PM Trade 0.007 126400
3:12:28 PM Trade 0.008 150000
3:12:26 PM Trade 0.007 23600
3:10:50 PM Trade 0.0065 23600
3:10:50 PM Trade 0.008 100000
3:10:46 PM Trade 0.007 76400
3:10:46 PM Trade 0.0065 76400
3:10:46 PM Trade 0.0065 50000
3:10:46 PM Trade 0.0065 3590
3:10:42 PM Trade 0.008 130000
3:01:06 PM Trade 0.0065 15000
3:01:02 PM Trade 0.008 15000
Good Morning, Good Morning, I've got nothing to say, but it's OK. I'm going to be the only one in my group today at the office and me with no internet. Looks like Monday at the earliest for news.
Thanks for the PM JR. Your DD has been one of the reasons I've continue to believe that this company can make something of itself. Even Righty's DD I find encouraging as it's more a lack of positive news and not a bunch of sleazy crooked stuff.
Maybe I'll even get my internet access back at work - not holding my breath on that.
Later,
Stu
I'll eat Top Ramen first!
Really. One day at a time. Looks like more the same today. I can continue to hold the shares I have for at least another month or so, so if you see a large chuck of shares it wouldn't be me selling!
LOL, though painfull. I've given my roommate until the end of Oct to move which will put a $525. dent in my budget. He could get 3 to 4 years in a Federal Pen if they prosacute. I found out King Co. police were here because he had some weed, but they didn't even write a ticket for it. I hope we get the news we want so I can take solice by being rich. :)
Ask is now .008
So, does anyone know why the higher vol. yesterday? Couch, I suppose you picked up some more cheapies yesterday? BTW, I have to admit this has been a september to remember for me so far. It would be nice if the next week would be a little more positive then the last.
Ok, I've been out of it all day and it's to late to go through all the messsages. Any reason for the higher vol. and lower PPS?
OT: I got all my DVDs (including the Hollywood stuff) and my laptop. Also my work computer is clean. Wow. What's really cool is the main guy investigating wanted the software for his own DVDs, but I developed a mental block. :)
After being in penny stocks like this? Ha! I am going seek some help with addiction to porn & see if I can doing something about arrested development though. The lawyer recommended me to someone who I'm going to call today. MORE BILLS! Please, close that deal Larry - I need the money.
OT: Well it's like this: they seized every CD or DVD in the house that wasn't bought in a store as well as all computer hard drives. They also seized my computer at work. He has his own computer and I had two (one old I no longer use). I have been collecting and burning cd/dvd for at least 5 years and since I'm not married I have quite a few. All it will take is one girl that's 17 and 364 days and I could lose my federal job and go to jail for 3 or 4 years. I did no intentional searches for underage, but who knows?
BTW, I checked and it's ok if I'm on the internet though I still am having trouble getting Vonage & wireless working right. Don't know if I'm using my own or the neighbor's broadband, but my phone still isn't working. They took those too and I bought a replacement.
Sure would be good if we got the news we're waiting for.
It would be nice, but I suspect he knows he promised Aug 2nd or 3rd and doing what he can. I hope his lawyers don't charge as much as the one I went to see yesterday (doesn't hurt to be proactive in my situation even though I haven't been charged with anything and it was my roommate doing the illegal searches). He charges $275. an hour. Larry must be running up one heck of a bill!
Hello all, I havent't had a computer since very eary Friday morning. I guess nothing has changed and we are all still waiting for news. I actually had to buy a new computer. And I will no longer be able to use the internet at work thanks to my roommate, at least for awhile. I think I'm actually on line thanks to a neighbor's wireless broadband. it's off topic so I don't want to get to a big discussion and take the board off track (about 15 ICE feds in my living room because my roommate was searching on the internet for pictures of not quite of age girls). Anyway I'm still holding all my shares for now. I say this so if I don't post for a while it's because I can't not because I've sold. I sure hope I'm not forced to sell because I need the money for any number of reasons (such as a drop in income if I lose money from my renter). Whoever said we should live in interesting times should be hanged!
Not really, I would expect the PPS to slowly sink until Larry regains his crediblity by delivering on his promises. There's nothing to make it (PPS) go up.
Art, I'm curious about your take on his radio interview?
http://www.mn1.com/members/modules.php?name=Downloads&d_op=search&query=
Really Rollin, he's one lousy scam artist if he is one. LOL
Well, guess that's why it's a penny stock. I'm betting there is truth in the PR and if I'm wrong I lose. If I'm right Larry will gain credibility and the PPS will head north. My average is still under .009 so I'll just wait and see. If it's a scam and they pump it in Europe, I'll still win. GLTY
Arturo, so would you like to comment on this part of the PR from Monday July 10, 5:00 am ET
..."The due diligence has been completed and the property has received Chinese Government environmental approvals. The property is currently owned by D.A.K., a privately owned Chinese resource corporation held by H.M.H. of Hong Kong. Once the agreements are finalized and executed, Equitable Mining Corp. will own 35% of all operations and mineral rights. Significant deposits of gold, platinum, palladium, rhodium and copper have been identified in the mine and mine tailings. Monthly revenues of $1.6 million and annual revenues of $19.2 million are projected within eight months of closing.
The Dalian acquisition covers the mineral rights to 220,000 square meters of land leased from the government for 25 years with 15 years remaining, with right of renewal. The property includes 5.2 million tons of mine tailings plus infrastructure in place including roads, electricity, water, fencing, storm sewer, transportation and one operating production line. To date $7 million has been invested in the project by H.M.H. and D.A.K. Once the acquisition is complete Equitable Mining Corp. plans to increase production to three lines, within the first eight months. The company will utilize D.A.K.'s environmentally friendly leaching process to extract the mineral deposits...."
I don't know it sounds like you're accussung Larry of fraud here
"This Dailan story sounds wired and in fact there is no active company named H.M.H listed in the HK company registry and - of course - there are no google links to other references of the Dalian project. I furter don't believe that EMCO Corp...".
Are you saying H.M.H. doesn't exist or ..?
So, in your opinion Larry can be convicted in court of fraud (among other things)is a total liar, and there is absolutly no truthful substance to anything he says?
If I held to $10. I'd have to count the money behind my back and with a mirror. That's the way they strap those things, right?
How did you get intersted in this stock in Europe if I might ask? Oh, and be sure and tell all your friends!
JR, I was thinking along those same lines. Info on the Peru mine was a neutral, but the Frankfurt stuff is exciting.
Larry should pay a Couch a bonus for holding up the stock price. What was the final B/A?