Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Current L2 image:
I think I'll jump off the computer now and re-watch that Eddie Murphy "Trading Places" movie. In my mind, Randolph and Mortimer are UBSS...
The action tomorrow is going to be nutty IMO. The MM's have had all weekend to sweat and plan just like the rest of us. They're going to be pulling out every stop and using all of the tricks in their playbook to try to control the fallout from Friday's PR. Step one was unleashing the international bash-fest over the long weekend... I'll be watching L2 like a hawk for the first 3 trading hours... I'll try to post L2 images every half hour or so.
G'night all and GLTA.
Also, i_like_bb_stock seems to have a solid grip on hot pennies. He only posts on his Penny Haven message board but I keep him marked as a favorite.
His interpretation of the short-term and long-term chart trends have a huge following. He's posting that he thinks a re-test of the previous .0015 high is entirely possible this week.
Hate to say this, but when you spell "pay-per-view" as "Paper view", it doesn't exactly inspire confidence in your due diligence. :)
Not that I don't dig this stock -- I've been holding and flipping this on runs since March. Most of my earnings got plowed back in on retraces.
GLTA tomorrow and go BKMP!
The only danger right now is that all of these weekend postings will crash the iHub database... again.
I'll be brief.
Great PR. Amazinging timing. Non-dilutive. Poison Pill. Short squeeze next week. Bashers everywhere now. Who cares? BKMP will have a fantastic next week. GLTA. Don't get scared by bashers and let MM's find a back door out of this trap that Sandy built for them. Don't be too greedy either.
See you all on Tuesday AM. This is madness on this board right now. :)
IMO, yes it is possible. Am I expecting that? Not really. You have to understand that a bunch of us loaded up with tens/hundreds of millions of shares between .0001 and .0005.
Do you really expect that any sustained run will last when those shares start flipping in the open market (as they will) as those shares start hitting the point of quadruple and quintuple returns? This is the pinkies.
Only way that the PPS will hit .0400 from .0070 is through multiple legs up over the course of weeks/months, USA carriage news, and if Sandy announces that not only has he bought back a billion shares... he bought back over billions...
Dreaming is good. In reality, take your profits and ride free shares. The "Good til Cancel" order is your friend.
jrod -- I have a huge amount of built-in caution about HRHR's motives. We have no real idea who he represents after all. Bottom line is that he is out for his own best interests and clouds himself in mystery. Aren't we all in the stock market? Altruism is hard to find here on the message boards. An equitable exchange of opinions, rumor sharing, and due diligence is the most that we can expect.
But I prefer restrained pumping and exuberant buying to blatant bashing in the self-interest of somebody who flipped at a bad time. As long as the PPS is stable or moving up and the technical indicators (esp. the accum/distrib.) are looking neutral to good --- HRHR can say and buy all that he wants.
I'm locked and loaded for the next leg.
The serious stuff that can lead you to believing in a .26 price costs way more than .26 per ounce... ;)
From .0007, I can see a short-term multi-day short-squeeze for 2-3 days up to a range between .0020 and .0030. If carrier coverage hits during that time or while the PPS hovers in that range, a spike up to .0100 or .0125.
Beyond that, I think, will take time and the beginnings of earnings statements. Remember, a carriage announcement is just hype and the prospect of revenues. Real revenues will take TFN beyond the penny range. The hard thing here is that the financials that we see for BKMP do not reflect real TFN operations and financial statements. We only see what Sandy shows us in terms of the moneys that TFN is comfortable returning to Sandy as profit-sharing and a return on his investment. Keep that in mind when reading BKMP quarterly statements. Those statements, SG&A expenses etc. DO NOT reflect actual TFN operations. Many folks lose sight of that and start asking where the profits are. BKMP owns part of TFN. BKMP is not TFN.
Having said that, the use of a poison pill implies (to me at least IMHO) that TFN's financials are solid in a broadcasting sector seeing major international growth. When TFN finally starts returning revenues/payments back to BKMP in a major and consistent fashion, longs will see explosive growth in the PPS. Only at that point can you realistically expect to see PPS movements past 5 cents and a move to a more significant exchange. And if Canadian law changes to allow more than 20% ownership of a Canadian firm (this act has been presented and is currently under debate), BKMP can truly explode into a major branded broadcasting franchise.
So say we all... [bad quote from the new Battlestar Galactica show]... :)
I've been in BKMP since late March of this year. Already flipped twice for some nice profit and bought back into a greater position after each run (I missed one because I hesitated).
I'm dumping some other positions for minimal or zero profit early on Tuesday AM to allow myself some flexibility. If this gaps early and hard on a short squeeeze + weekend excitement + hype on other boards... I will definitely be expanding my core position here. I don't own hundreds of millions, only tens...
At least more than AnalyzeThis, who just hours before the PR stated that he had just called Sandy and Sandy had told him that no PR's were expected for at least the next week. AT also stated that he had asked Sandy about HRHR (using his real name which AT posted on this site in a really bad display of manners) and Sandy said that he had no idea who HRHR was...
HRHR then stated that he called Sandy to check and Sandy said that AT never even asked about him...
Add to this the recent posts by AT who has consistently been proclaiming himself as a "true" long and that only true longs should make money on this stock... And AT hates flippers and only backs "true" longs... whatever that means. This coming from a guy who just recently sold out a large part of his position below .0005 to go play in CYBL -- and has been waiting and screaming for BKMP to go back down to .0002 to load back up. Well, it just didn't happen. Ha ha!
From being one of BKMP's most persistent pumpers, AT has become one of the biggest naysayers and outspoken (and often unethical) critic of HRHR.
Based on motive and track record, I would definitely weight HRHR's opinion and statements much more heavily than AT, who has become so annoying in his shrill complaints that I've put him on iggy. AT truly has become a "legend in his own mind"...
That's my $.02.
Tuesday's volume is going to be a record...
Can't wait. Sandy did the "same" thing over the long memorial day weekend at the start of this summer. This board saw massive weekend posting activity followed by huge volume and a price jump up to .0014. This run should go even higher.
GLTA. I'm very happy to be a BKMP stockholder. I believe in TFN's future; but more importantly, I also see a bright near-term future in shareholder value.
Antitakeover Provisions and Shareholder Value Implications: A Review and a Contingency...
I wonder what this article from the "Journal of Management Online" has to say... I wonder what happens to the PPS when a poison pill is activated.
http://jom.sagepub.com/cgi/content/abstract/26/5/1005
It costs $25 to pull down a reprint. I may do this over the weekend.
ROFLMAO. UBSS must indeed be calling in the janitors to clean the mess around the pinky trading stations...
Clean-up on aisle four...
Don't worry about it. Some people will automatically see this as dilution -- others will hone in on the actual details.
Smile and enjoy your holiday weekend. I'll be sifting through the posts this weekend and digesting the ramifications of this myself.
This board is going to BLOW UP. This is a lot to think about. My initial take on this is that it is an overall positive move.
OT: Why, yes. I am "jonesing" for some kool aid. LOL.
PREFERRED shares <> COMMON shares.
This is NOT a reverse split. Do not freak out.
P.S. Just reinforcing your message, amrca... I'm not implying that you are wigging out. :)
DIVIDEND NEWS = POISON PILL
Issuing preferred shares as a dividend is the textbook definition of a "poison pill" to ward off a hostile takeover. See link below.
http://www.investorwords.com/3727/poison_pill.html
Wonder if the CD holders are buying additional shares and threatening Sandy's controlling ownership of BKMP? And is HRHR part of this? Might make sense...
DIVIDEND NEWS = POISON PILL
Issuing preferred shares as a dividend is the textbook definition of a "poison pill" to ward off a hostile takeover. See link below.
http://www.investorwords.com/3727/poison_pill.html
Wonder if the CD holders are buying additional shares and threatening Sandy's controlling ownership of BKMP? And is HRHR part of this? Might make sense...
POISON PILL: Yup, that has to be it. It fits the exact definition. This will interesting for me -- never been in a stock that did this...
http://www.investorwords.com/3727/poison_pill.html
10,000 shares of preferred stock as a divvy per single share of common stock? What's up with that ratio? This is weird. That will give us billions of shares of preferred stock?
Seems like the common stock will be worth more than the preferred?!
OT: Ah, that brings back memories of evenings with my grandpa and his Questar Standard 3.5... He kept up with his astronomy after he retired from Dupont. You must have built your own observatory to house the scope -- you're in an ideal part of the country for it.
Then how can you post 24 hours a day if you're at work? And the java socket connection should still be open except on the most restrictive of firewalls.
If you need to get L2 and you have no other options, you can always google "http tunnel" which will switch ports and punch through any firewall. I use it at my office to get through to IRC and instant messaging. Or use AlphaTrade, buy a Treo, and use the Jupiter application for RT L2. Jupiter rocks.
It strikes me as amusing that ANAL posts so frequently and runs a few boards on iHub... yet can't seem to cough up the cash to get real-time L2...
Analyze that!
[ding] = sound of nail getting hit on head.
Anything you say here is just your unreasonable and inconsistent opinion.
Great post, allie. Thanx!
The acronym "TFN" for use in sports-related broadcasting is already active.
Heavy intraday volume alone means nothing.
Run a chart on www.stockcharts.com and you'll see that those two days in July had heavy intraday volume that showed HEAVY ACCUMULATION. Take a look at the chart that I just ran and you'll see that today's action shows the complete opposite.
>> Actually, I have to disagree with you. The 2 days in July that we had back to back 800 million in volume, IPRE shot up to 0.0025. (this was right before the trading restrictions)
IMO, it is possible that this could be a prelude to another similar situation.
I'm hoping so anyway...
DD: About the TFN Trademark:
Yes, "TFN" was registered as a service mark to The Football Network in 2004. This acronym used to be reserved for "The Food Network" but they lost it years ago. Trademark conflicts crop up all the time.
Luckily for the Fight Network, their full name and graphic logo are already covered for use in the US. Use the following URL to find the free search engine maintained by the U.S. Patent and Trade Office:
http://tess2.uspto.gov/
You'll find that The Fight Network is already busy working with trademarks in the US. The attorney of record for all of their filings to date is "Ling Xia". The Fight Network already has trademarked "The Fight Network" in the US for:
-- Broadcast of cable television programmes
-- Television programs in the field of combatant sports namely boxing and wrestling
-- Prerecorded compact discs (DVD), pre-recorded audio and video cassettes and CD-ROM diskettes
-- Printed publications and matters, namely magazines, newspapers, program guides, books, instructional books and brochures
-- Video games and motion picture films
-- Apparel, Towels, Mugs, drinking water bottles, and Campaign, novelty, and ornamental novelty buttons
-- All purpose sport bags, tote bags, briefcases, fanny packs, leather key chains
The Dupont Factors (http://www.cummingsdesign.com/trademarks_service_marks.htm) cover the basic issues that are normally considered when two Marks 'may' be in conflict. More importantly, the Dupont Factors also consider
-- The fame of the prior mark in terms of sales, advertising, and length of use.
-- The extent to which applicant has a right to exclude others from use of its mark on its goods.
Why is this good news?
Because the Football Network (Yahoo symbol: TFNK) is definitely not a major household name. Founded in 1996 by chairman Jantonio Turner, the company initiated a soft launch of its football-themed cable channel in late 2003. Despite having struck carriage agreements with Time Warner Cable and Cox, the network has yet to make it off the ground. TFN owes millions of dollars to ex-employees, private contractors, and the state of Louisiana. The company is actively seeking investors to try to put the network back on its feet and pay its debts.
http://biz.yahoo.com/ic/114/114622.html
Which gives the Fight Network a fighting chance to pursue the use of the acronym "TFN" within the US. It's up to the lawyers now. Namely Ling Xia. Go Ling!
I hate to break this to you guys, but today was NOT good action. Despite the massive volume of close to 1/3 of the entire A/S, the share price barely ticked up.
Three pump and dump spikes produced major blocks but has anybody looked at the Accumulation/Distribution? It's pretty ugly. All that action did not produce accumulation -- the opposite in fact.
Looks like a crew of daytrader P&D'ers ran this hard; and the savvy folks with low-enough average entry prices took the opportunity to exit before the reverse-split.
That's my take on it, negative as it may be. I'd love to be proved wrong in the coming week or two. But the only reason, I didn't bail out today was that I bought in at .0042 and my position is not large enough for me to sweat. But there's going to be a lot of pain in the near future.
Sounds like your definition of a "true" long is somebody who is willing to buy hundreds of millions of shares and wait for another year to sell.
Two problems with that. First, not everybody is willing to put tens of thousands of dollars into the pinkies. Secondly, few people are willing to treat pinkies like blue chips and hold for months and years. Pinkies are unaudited and have greatly increased exposure to market maker games and sudden reverse splits.
I, and most of the players here (IMHO), would rather see BKMP's PPS rise based on demand, rumors, and press releases rather than wait for Sandy to continue and widen a buy-back program that came to a grinding halt months ago. I could care less whether Sandy can buy cheap shares a month from now -- he's already had months to buy back at lower prices than this. I'm not an angel investor looking to back Sandy as he bankrolls TFN. I'm a personal investor looking to make a profit. Period.
The long view in a trip-zero penny stock? Get real. Even in an actual penny stock, that's not a realistic risk vs. reward situation.
And the repeated assertions about how "TRUE" longs would act is ridiculous. It assumes that only those with large positions should be able to profit from BKMP/TFN's success. How do you you think the share price best increases in any stock, pinky or blue-chip? Because there are repeated gaps with only partial re-traces. Repeated churn in holders at gradually increasing prices allows people to get in and out while making consistent profit.
Let BKMP run. The "market" will determine the rest -- including who makes a profit and who holds the bag.
Don't get greedy and think that you will and should be able to buy 150 million shares below .0010 and be able to sell all those shares at .1000 one day without doing some flipping in the process.
Massive greed kills. A little greed is reasonable. ;)
Maybe this week, but it doesn't like it will be today.
Some 5000 signals went through at .0013 around 1:37 PM. MM's started taking down the b/a right afterwards.
Now 4 x 3, .0011/.0012
I hope so. 521 million shares traded is nothing to sneeze at. Big block trades too.
492 mill shares traded so far today. IPRE is the most active PINK today by far. AUGC is a distant second with 288 mill.
Only 5,065,920 shares traded so far today at .0005 -- or 1.89 percent of today's volume.
Heavy volume. 437.2 million so far today when the past 10 days average volume is 44 million. We're about to blow past the 10 times 10d average...
I'm trying to figure out whether this is good or bad right now. Especially when all this volume has produced on the daily chart is two spikes and returns.
If today's volume is based on lots of dumping, then who is buying? Are the MM's buying shares to cover their NSS? Is this a run-up before the expected announcement of the reverse split?
Any opinions out there?
100 share "I need shares" signal at 1:02 from NITE or UBSS.
Lucky you... I'm a $0.0042 bagholder.
Current L2