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Are we sure the Mark Rice from Univ. Texas who manages the Cranshire Cap hedge fund selling shares is NOT the same Midland Texas Mark Rice punished by the SEC for illegal trading?
spec29 nothing! he probably even knew before you!
ftc is right. nodak since you did the DD on the company then you know the few individuals who control the hedge funds of ERHC and you know their activity on other stocks. How would you characterize those hedge funds and their managers?
When you talked to him what did he say?
The answer sounds reasonable but that is not the reason. The price dropped because it was fixed that way. The big funds needed a day to set up the drop since awards came when they did not expect it. Do your DD and make some calls. The fix was in all around.
Cranshire hedge fund sold on purpose to drive the price down. The price was held back before awards and then driven down after awards. Individuals familiar with ERHE bought back after the stock had dropped. Cranshire hedgers picked up shares in the penny fractions. So Cranshire people made big gains on those sales. Now the individuals known to Cranshire will make big gains buying at 40 to 50 cents.
how difficult is it to sell someone else's shares only to buy them back on your own cheaper?
Is that ethical?
OT does RB know they are down?
Nodak Those are the people - hedgefunds - associated with receipt and selling of ERHC stock recently.
rancho says there are at least three more organizations at the same address. But he's so darn sneaky he won't share them yet.
Big office.
http://www.freeedgar.com/EdgarConstruct/Data/950138/03-70/jmj_visualdata13g-a.txt
JMJ Capital, Inc.
666 Dundee Road, Suite 1901
Northbrook, IL 60062
Illinois corporation
EURAM Cap Strat. "A" Fund Limited
c/o JMJ Capital, Inc.
666 Dundee Road, Suite 1901
Northbrook, IL 60062
Cayman Islands exempted company
Cranshire Capital, L.P.
666 Dundee Road, Suite 1901
Northbrook, IL 60062
Illinois limited partnership
Downsview Capital, Inc.
666 Dundee Road, Suite 1901
Northbrook, IL 60062
Illinois corporation
Mitchell P. Kopin
666 Dundee Road, Suite 1901
Northbrook, IL 60062
U.S. Citizen
RB started having trouble same time as hdot said he got a highlevel intrusion alert. I tried to post the link to ranchos website but nothing at all goes through over there.
rancho says to wait and see if hopinginvestor or redinvestor want to know. Details on his website by end of week.
Who wants to know about Cranshire Capital and why they filed to sell 1.5 million shares?
no indication either way, but she is a good IR PR person. Hope we get something from her real soon.
Right. They do have an mm connection and the mm has access to L3.
ftc we asked Deborah Buks if she wanted specific information about the creative trading and who is doing it. She said she would talk with management and get back to us. No more response.
nwtf what is Art's or Red's take on the statement?
did you get the dump alert on ERHE after awards?
Seems ERHE won't move til TNOG stops going Red and the dump is finished there. Or Maybe when Offor agrees to sell price.
nwtf why don't you email or call him and then emali Red and Art and ask for the website. You can ask the moderator why the posts were deleted too?
nwtf maybe ask the moderator why they delete those two post. Challenge them to put the post up there for one day and take it down tomorrow.
nwtf rancho was booted from RB. I do not believe he can post since this is what he told me and is also what ElvistheKing was happy to announce. We talked and he said he emailed ten others. One daring soul might try to put it on RB.
Post 8403 and post 8404 are missing. The link to the evidence begins there. Posts removed. Drink your cherry KoolAid.
why do you think there are two posts missing right before my most recent post?
Over on RB they want the full disclosure and when it's put out here it is automatically deleted.
Rancho has just contacted the new investor relations department with some of the specifics of the share price manipulation.
Is anyone opposed to us sending this information to the SEC?
Comments?
For any manipulator on any stock
"The securities industry frequently demands full disclosure, and it is not always a simple matter to remain in compliance. Quite often, people unintentionally wander into gray areas of the law, and are surprised to find themselves the subject of a criminal investigation. A solid securities or investment fraud defense provides you with an opportunity to rectify the situation, sometimes through restitution, without necessarily having to wind up behind bars. Call us at (800) 200-0005 or click here to submit a short form for your FREE, immediate case evaluation."
The dumper had macho manhood to sell into the awards rush. Three million shares perfectly dumped at his timing. That shows he has some elephant sized balls. He won't go down easy. He will have to be brought down hard. With help from the mm's, this master trader with millions of shares has made ERHE his daily whorehouse for longer than you think. He will play when he wants to play or if forced to choose by serious money.
You are his bi-ch. I am too.
Say - Thanks for Making me Green Red!
and then go do your business.
Buy and wait.
And ROLL THE DICE.
ERHC price good news coming probably.
PSC and JOA are right around the corner. That should bring in some interested people. Buyin rumors pretty quiet and could be near - or dead. If near, that will bring in interested people.
rancho is probably wrong on one thing and rancho is right on another. He has forwarded me a tete-a-tete with someone who blocked all forms of communication with him. Unclear how that is possible.
Rancho is right about this. It seems that someone knows manipulation of ERHC is going on and it will end. Good!
Rancho is probably wrong about this. The probably innocent person said that he "probably did not" invade the sanctity of the rancho computer. HA!
OT I loved his game and I had shaggy hair, floppy socks and wore those old Converse shoes when I played so some people called me that in high school. I averaged 4.45 ppg instead of 44.5 tho! My normal position was left. Left out. Ha!
OT nwtf Here's a ranchoid joke. I guess it's funnier if you were there.
How come the longest long couldn't go to the shareholder meeting?
Because you had to be a shareholder at the time.
This guy speaks truth amid the junk on RB. He just did not mention the fact Red is when price goes down and green is when the price goes up. If people promoted the stock and new people bought and the bogus seller had to surrender shares, then the stock would not be Red for long. Since award day this share price is crushed like it was stomped on by a herd of elephants!!!
Wasn't there some trader who bought a lot of shares at 8 cents? You can buy a lot of shares for 8 cents and make big profit riding it up and down.
This ERHE price is courtesy of a herd of elephants who bled the stock Red. But they will go to Green grass to graze, I think.
By: Manti
19 Jul 2005, 10:27 PM EDT
Msg. 62325 of 62325
(This msg. is a reply to 62323 by TheDane.)
Jump to msg. #
We stay here until the buying pressure exceeds the selling pressure, whether induced or voluntary....
My take on the sp:
1) There is no "seller"
2) We are being manipulated by an accumulator.
3) The accumulator has deep pockets, and thus good connections with the mm's
4) Are they buying more than they're selling? YES
5) How? Easy. There are ALWAYS sellers. Most trading activity is by TRADERS. They trade for profits. Most have a fairly short time frame, so if the sp isn't moving, they sell and leave. As long as the mm's can keep a lid on the momentum, the sellers will outnumber the buyers. When the volume dries up due to lack of interest, the accumulator has a choice... does he let the price rise to induce profit taking, and pay more, or does he stay content with the trickle. If he lets the price rise, he has to be very careful not to let it gain momentum, or it will run, so he'll sell into every rally to keep a lid on it.
6) I came to this conclusion for various reasons:
a) The selling started the day of awards.. killed the momentum
b) No additional shares issued per transfer agent
c) No longs are selling, other than those forced to due to overextending their finances.
d) The price action... when the buying picks up, the price pops a little, and the mm's use the traders to help kill the rally, and then they finish it off on low volume.
If everyone will get busy and advertise, we can put a little pressure on the sp... but then again, if some are still buying, I can wait.
If a stock goes from .40 to .80 twice it's the same as the stock going from .80 to 3.20 once.
If a stock has too much interest, real buying increases and shares really change hands. Then it gets harder to control and is why some people like to make the stock Red.
Red first, then green. If it was green all the time, Red would lose control of his lucky lady.
So ERHC share price is the whore of the penny pimps until Daddy Warbucks shows up to take us away or til the cops show up and haul away the embarrassed Red-faced pump and dumpers.
OT rancho sent me the link to his new ERHC blog but told me it's not yet ready for public view. he said it is information and humor rolled into one.
if htat happens no elephant fields. the big pakyderm lets us run or sits on us.
By MarketWatch
Last Update: 2:06 AM ET July 19, 2005
E-mail it / Print / Alert / Reprint /
http://www.marketwatch.com/news/story.asp?guid=%7B947BD3F1%2DB9C2%2D4DF6%2D94B2%2D0763CC4F2541%7D&am...
SAN FRANCISCO (MarketWatch) --Michael O. Pickens, the son of legendary corporate raider T. Boone Pickens, has been charged with securities fraud in a stock "pump and dump" scheme, according to a media report Tuesday.
U.S. stocks gain ground on slew of strong earnings
IBM exceeds expectations, shares surge
H-P to cut 14,500 jobs, revamp sales operations
IP soars on $8B-$10B restructuring plan
SABMiller to buy Colombia's Bavaria for $7.8 billion
The younger Pickens, 51, is free on $10,000 bail awaiting proceedings in a Wichita Falls, Tex., federal court accusing him of two counts of securities fraud that carry a maximum prison sentence of 20 years, The Wall Street Journal reported in its online edition. See Wall Street Journal story.(Subscription).
Pickens also is accused in a civil complaint filed by the SEC seeking confiscation of more than $300,000 in alleged profits from the scam, The Journal said. Pickens was arrested Saturday in Montague County, Texas, northwest of Fort Worth, for investigation of marijuana growing, The Journal said.
Charged with Pickens after the federal investigation was stock promoter Joshua Yafa, of Coral Gables, Fla., The Journal said. Yafa is free on $500,000 bail The Journal said. J
According to The Journal, federal prosecutors accuse Pickens and Yafa with separate but identical schemes in which faxes containing apparent stock tips related to four companies traded on the "Pink Sheets" and OTC Bulletin Board markets were sent to hundreds of thousands of recipients. Pickens and Yafa are accused of then selling their shares and making hundreds-of-thousands of dollars in illegal gains, according to the The Journal.
Through a spokesman, the elder Pickens declined comment, The Journal said.
when will erhc go up? rancho said he's traveling and away from his computer and sent this.
http://finance.lycos.com/qc/stocks/charts.aspx?__VIEWSTATE=dDwtMjU0NzEyNDU2Ozs%2B&chartform=form...
Nevermind now I see those posts are gone. You must have been checking pretty close.
he's got like 50 but how do you know he was booted from RB?
redinvest how do you know rancho was booted from RB? maybe he's just taking a nap or reading a book. When I filed a TOS against someone I didn't get confirmation the poster was gone.
The same Ernie Chu listed on Jill Kelly's Porno Empire.
She said get me some oil and he got it. Wrong oil.
http://yahoo.brand.edgar-online.com/PeopleFilingResults.aspx?PersonID=2195891