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Personally, I don't know if IBC radio has a naked shorting problem, but I DEFINATELY DO KNOW something smells in our micro-cap financial markets. This is from the investigate the sec web site.
"And then came the Berlin Exchange problem. With the quiet efforts of our regulatory agencies to slowly address the short selling manipulations taking place the “Bad guys” simply found another loophole in the system to use. All you have to do is create an offshore listing and short against a fake arbitrage position offshore. Suddenly the micro-cap stocks, fighting for the equal protection here in the US, were suddenly listed on the Berlin exchange. Almost all were done at the same time. It was not the High fliers like GE, IBM, Microsoft or Wall Mart being listed, it was the micro-caps. The stocks who are considered ‘low Liquidity” and the stocks whose short sale reports are not required. The already abused and ignored. So, what did the regulators do about this problem? They quietly found a possible loophole in our US laws and have given a “Grace period” for the US firms to comply."
Speaking of shorting, and you brought it up by the way, lol, does anyone feel that we have a problem with IBCS being shorted. The reason I ask is that I know IBCS is on the Berlin exchange, and I read something the other day that caught my attentiion. The letter I was reading was concerning the new naked shorting rules that have recently went into effect. It spoke of a loophole within the rules. I quote "However, the rules contain a loophole for what are deemed to be genuine arbitrage trades, defined as short sales in shares that are listed on another stock exchange."
Now, does this make sence to anyone as to how/if a stock could be manipulated through another exchange? Comments?
Thanks DB, here's another one I found, pretty neat site: How Stuff Works http://electronics.howstuffworks.com/radio-spectrum1.htm
Very true muley. There are not many penny stocks out there that you can honestly say you are proud to be a shareholder of. But this is definately one. Next week should be fun.
I've spent most of the morning reading over some of the DD that pushy and others have posted here and I tell ya, most of this radio stuff just goes right over my head. I mean the low power AM and rule 15 to me is complicated to figure out. If anyone here knows of a site, maybe, radio for dummies or something like that. LOL, I would appriciate it.
Cool, 20 membermarks already. I think we should all thank DB for 1) Getting this board started, and 2) For spreading the word to all the subbers on his board, which is one of the most visible boards hear at I-hub. As a shareholder, I really appriciate the effort. Thanks DB.
Cool, they need all the support they can get IMO. Plus, I'm sure Judy from Washington will appriciate it. LOL
Look great DB. One thing that could be added, and it's just because I think they need as much exposure as possible, is the link to http://investigatethesec.com/index.html
That's up to you though, JMO.
Din't Daryn say that they were broadcasting that interview through that station Friday? I may be mistaken though.
Welcome to the team pushy. Friday was an exciting day for IBC radio and things look to really be heating up over the next few weeks. I will definately be trying to free up some more $$$$$$$$$ to add to my position before news gets made public.
Hope everyone has a great, long weekend, although this is one of those times that I just can't wait till Tuesday. LOL
WOW push, you've really done you're homework here haven't you. Man, I'm impressed. I can tell I've got some catching up to do. Also, from what it looks like, some IBC competitors have some catching up to do too. This stock is SO undervalued at present levels. I for one, will try to accumulate as many shares as possible before the news hits. Go IBC Radio.
LMAO, I liked that. PUMP it up.
You know, this is just my opinion, but, I really don't think there are very many shares available for trading. With a relatively low float, and many, many, many, listeners like ourselves holding long, any significant news will move us quickly. With the flurry of buying that happened earlier, the MM's probably depleted their inventory of IBCS shares. Looking forward to finding out what this technology is that we as shareholders own. Go IBCS
CESY getting a little action here. eom
I've been trying and posting a link ever couple hours. Trying not to be pushy though. LOL
The IBC chat has gone to the dogs..........and the CMKX'ers. LOLOLOLOL
They said it was coming within the next few weeks. They really couldn't say to much for "Martha Stewart" reasons. LOL. They said that it would revolutionize satalite radio and that what it is, no one anywhere has ever had or used it before. If that makes sence. I guess we'll just have to wait a few weeks.
Maybe DB can add a little to that. It was kind of hard to explain.
No problem.
One thing for sure, the stock price liked the news. Yeeeehawwwww. Go IBCS
They said it was coming within the next few weeks. They really couldn't say to much for "Martha Stewart" reasons. LOL. They said that it would revolutionize satalite radio and that what it is, no one anywhere has ever had or used it before. If that makes sence. I guess we'll just have to wait a few weeks. One thing for sure, the stock price liked it. Go IBCS.
Breaking news for IBC right now on the air. Technology that will revolutionize satalite broadcasting.
This sounds great and we've traded nearly a million shares since Lou has been speaking. Yeeehaaaaaaaa......looking great
Lou is going to be on the show in a few minutes informing investors about what's going on with IBC.
Moving up guys and gals .026 x .028
I really have no idea, although I bet they could give us some idea because they probably know how many maxes them out. Would be a good question to ask.
ERHC: Technicals, got a love em.
http://investorshub.com/boards/read_msg.asp?message_id=3194379
I agree muley, very safe and eventually very profitable. I honestly believe that this is one of those stocks that we will be telling people, hey I got in on the ground floor when it was selling for just pennies.
With a relatively small share structure with no plans to increase, and the way the popularity is growing, it's only a matter of time.
I saw that push, you know they said that sometimes the past week they have been full and some could not even get in. Good news for us longs.
vanbookie, what's up, been so slow here I hardly check it anymore. Well, really been slow period, LOL. I changed my alias over here from greed kills to JeffNC. Maybe if and when this thing ever takes off, this board will pick up some. Man I'm tired of waiting, but I'm not selling because I know if I would, that would be when it runs big time. LOL
Watching ERHC, 5 day MA just crossed the 10, MACD looking good
I hear ya, and I'm still greed kills0 over at RB, although over there it really don't matter any way, it's for entertainment only. LOL
Yea he is, and fast too. Guess all those donut dinners are not slowing him down any. LOL http://investorshub.com/boards/read_msg.asp?message_id=3151240
I guess it goes without saying, I asked Matt to change my alias. No more greed kills, although I do still hope I keep that in mind while trading. lolololol Changed to JeffNC to coincide with the IBCS chatroom just to let everyone know.
I share you're excitement muley, some really big things in the works, you can hear it in their voice on Stock Talk Live. By the way, do you go in the chatroom, I'm JeffNC. Just thought I would let anyone know. Been thinking about changing my alias here to JeffNC as well. Might talk to Matt about that. Have a good evening everyone.
Just bought 75,000 more IBCS
Good point RDG, that's the one thing that is gonna make this thing go, getting the word out.
Daryn just mentioned the big technology thing coming for IBC again. You can tell they are very excited about it and it's killing them not to be able to say. Hey, it's killing me wanting to know. LOL
Does anyone here have any opinions on the Berlin exchange and whether it has an impact on share price as some seem to think. I know Daryn acks as if it is no problem. Opinions?
True, I mean where else can you listen to and/or call and talk to the CEO every trading day from open to close. It just doesn't get any more accessible than that. Also, concerning the premium service, I signed up about a month ago mainly just to check it out and see if it was something I could use. It is definately a great service with lots of info on stocks to watch. Now personally for me, since I am always at my computer during the trading day, and doing scans and such, I don't think I will continue with the service. For anyone who does not have the time to research, scan, and just DD in general, it is a neccessity as far as I'm concerned. I would like to hear what some others think about it.
That's what I heard muley. Sometimes Lou says a little more than he should probably, although I don't mind. LOL