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.
Level 2s starting to look interesting!
More MMs now at $1.14. Soon the asks will start raising!
If only God would give me a clear sign! Like making a large deposit in my name at a Swiss bank.
~Woody Allen
Wow: FHAL Most Read, Most posted.by 2x...
the next runner up! It's not even close. Sheesh...
Most Posted:
1 Fronthaul Group (FHAL) 135
2 BB's Penny Haven 60
Rank Board Reads
1 Fronthaul Group (FHAL) 4226
2 BB's Penny Haven 1779
3 Pearl Asian Mining Industries Inc. (PAIM) 1221
4 PAIVIS Corp (PAIV) 1195
DDmachine
1. FHAL (57)
2. PAIV (33)
3. SMMW (32)
What's that?
I have a bottle of champagne in one hand...
and a crash helmet, and a first-aid kit in the other.
Ya never know.
Maybe even the day before. They usually get their information, and confirmations, ahead of time...from what I've observed.
We've seen it before...where a stock takes off on apparently "no news"..and then news of a merger or takeover is finally released two days later.
FHAL Still #1 on DDmachine this AM:
1. FHAL (57)
2. PAIV (33)
3. SMMW (32)
Ah..more MMs moving up to $1.14
Level 2s still the same as Friday aft. When do you think the shuffling will begin?
Well then there are alot of morons out there. You missed the attack of the clowns this weekend. Doni outed one of them..the guy was totally busted. I found it hard to believe there could be that many desperate shorters, but I guess there are.
Petermic for example, even posted on another board that he is short FHAL @ $1.05
Ready, but perhaps a little cautious this AM. I'm watching the Level 2s right now, and I haven't seen any re-arrangement so far of the players.
I need to remind myself with this one, that it's still a small cap stock, and volatility is the rule with these things. I have alot of faith, but it's still important to remember where one's exits are....
Look busy...dont' smile much. Sharpen pencils.
Charlatan, everyone is worked up about the certs, because Rufus, on part 4 of the mp3 interviews, suggests everyone get them. He says it first thing on part 4, and then again here:
"....If this stock continues to do what it's doing what it's doing for the next two weeks..after the merger is filed, and our 10k is filed, and it runs up to 9 bucks, but it trades 400 million, y'know, there's not much explaination for that..so
...I'm just trying to give you a protection, in case it does something really crazy...and the market makers don't leave it alone....
...Then we'll just halt trading, call for the certs, and then the people will be left short, and lose...
...when we come back out and re-list, we'll be at 15 dollars, and they'll wind up losing 100 billion and filing bankruptcy.
...Doesn't matter to me...they're the ones doing it, not us...
________________________________________________
http://www.traders-corner.com/
Part 4, 11.00 mins.
Good advice, Kapone. My husband was reminding me of my own words: never fall in love with an investment. That's why we have husbands, wives and lovers.
This is an investment, not a sports team, or a religion.
Once again, I will post a few of my favorite Bernard Baruch quotes:
~There is something about inside information which seems to paralyse a man's reasoning powers.
~When good news about the market hits the front page of the New York Times, sell.
~Never pay the slightest attention to what a company president ever says about his stock.
~If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.
~I made my money by selling too soon.
_________________________
Bernard Baruch
Mornin' GK!
Are there that many (desperate) short sellers? What a show this is going to be this week!
Adam Smith's "The Money Game" talks of this illness, a clear sign of a bull market. He calls it the "aspirin cap" indicator. Of course that book was written in the 1970's, but the emotions are the same:
" My final indicator (of a bull market) is hard to explain, because it is the number of caps removed on aspirin bottles per night, when nothing is actually removed from the bottle. Pay attention.
Thw swinger stocks have moved so swiftly that there are a lot of paper millionaires again, and this means that there are alot of excited fellows so stimulated by the day's events that they have trouble getting to sleep. They lie there on the pillow, mentally thumbing through their portfolios like a rosary: "Let's see, Polaroid was up six today, I got a hundred and fifty polaroid, I still got the one hundred eighty Xerox, and that was up five. I got that Digital Equipment, and there's the three hundred IBM, no I sold fifty - that was dumb, but the Digital, let's see at sixty-four, times three, carry the eight, my God I'm getting rich, so I'm worth forty-two and sixteen is fifty-eight, there and thirteen is, what did I just have...fifty-eight or fifty six...."
What happens is that they start dropping digits and pretty soon it bugs them, so they get up and silently steal over to the phone table, and take out a pen and a piece of paper, and then they go into the bathroom, turn on the light, and start adding up the numbers. The wife wakes up
"John...are you all right?"
"I'm all right"
"What are you doing in there? What's the matter?"
Now, John cannot say that he is the bathroom adding up his portfolio in a high state of excitement, because wives do not understand the emotional power of the marketplace. So, John says instead that he has a headache, and he takes the cap off the aspirin bottle, rattles the aspirin, and runs the water, but no aspirin actually leaves the bottle.
There is nothing new in this. Balzac had exactly the same scene, only without the aspirin. That was in another country, but emotions are universal, and there is no stopping the flow of the seasons...."
Good night..good luck with the staff meeting.
You will, my friend, you will.
Then you'll get live ticker symbol alerts, and you will know the real meaning of obsession.
Better get a treo for your girlfriend too, so she doesn't feel leftout while you're clicking away.
We went for brunch, and I kept checking the latest posts on my treo.
I think the only thing that will break this thing is the ticker symbol change and reset.
Then I don't know what I'll do.
I've been resisting the temptation to look up tax advice. Don't want to count the chickens before they hatch....but I sure do read it when other people post it.
Definitely a summer to remember.
My husband said "What blackouts?...NYC is having blackouts?"
And we live in NY!
Obsession...oh the smell of it!
ROFL! I needed that. Sooo close to home!
Good work JJ...I gotta turn in earlier so that I can be up for the MM shuffle pre-market.
Nite!
I think you have good company here. We'll be sleeping more regularly by next weekend, I believe.
Can't imagine what it might be :)
FHAL still #1 on DDmachine.com:
1. FHAL (47)
2. PAIV (27)
3. PAIM (26)
31,000 reads for IHUB FHAL board today
More than twice Penny's BB.
I don't think this is sustainable, but it is remarkable.
_______________________________
Most read board:
1 Fronthaul Group (FHAL) 31051
2 BB's Penny Haven 12638
don't know about tomorrow..but this week is certainly "THE WEEK".
We'll know by Friday what all this is about.
JJ, I was listening very carefully to Rufus's defense of his association with BBAN, because I was waiting to hear his tone of voice.
I once worked for someone who turnd out to be an pathological liar, and was later fired. When people would accuse him of things he clearly had done, and was later fired for, he would get aggresssive, and belligerantly defensive.
I'm told those reactions are typical.
Rufus, on the other hand, was very quick to talk about the BBAN experience. He has said in so many words that he, Ben Stanley and the others associated with Bban, have a stain on their names, but was quick to point out that the officers in AISS and Georgia Aerospace are squeeky clean.
In every instance where he spoke about BBAN, I saw no dodging of questions, no reluctance to discuss the details of that embarssing incident. At no point did he become belligerant towards the person asking the question.
That is what I heard.
If anyone heard something else which I missed, please let me know.
This must be a bullish sign: talking about capital gains taxes...
Guy, I'm sure it looks nutty, but you haven't been here from last week, when the stock had dropped to .15c, and it looked like it could go back to .09. For people to go from that to sitting on 5 to 10x profit in a matter of days, is very intoxicating.
The past week has been mind boggling. To add fuel to the fire, we have the CEO of the corporation, in an audio interview, tossing around a possible stock price of $100 within a year or two. (for archived mp3 link check out http://www.traders-corner.com/ )
He is also the one who brought up the issue of the certs, and personally encouraged all shareholders to call their brokers for their certs. Whether claims of massive naked shorting are true or not (another link posted here this weekend: http://www.businessjive.com/nss/darkside.html added to that discussion's intensity), just that call alone for certs (coming from the company's senior officer) would be enough to cause a stir.
However, I believe that for all the hyper enthusiasm, I think many are fully prepared for a run to $2 maybe $3 dollars as the best they may see...but still the CEO himself is danging that $15 potential out there as a definite possibility...within ten days no less!
And, as the old lotto ad used to say "you can't win if you don't play". If something is going to happen to FHAL, it will happen this week. Expect a few people to come a little unglued. Unless they run someone over, tho, I believe it's a victimless crime.
The possibility of a life changing fortune is enough to change the behavior of the most normally sedate investor.
I haven't been to Vegas, but I'm sure it happens there too. Must be human nature.
Guy, I'm sure it looks nutty, but you haven't been here from last week, when the stock had dropped to .15c, and it looked like it could go back to .12. For people to go from that to sitting on 5 to 10x profit in a matter of days, is very intoxicating.
The past week has been mind boggling. To add fuel the fire, we have the CEO of the corporation, in an audio interview, tossing around a possible stock price of $100 within a year or two. (for archived mp3 link check out http://www.traders-corner.com/ )
He is also the one who brought up the issue of the certs, and personally encouraged all shareholders to call their brokers for their certs.
Whether claims of massive naked shorting are true or not, just that call alone for certs (coming from the company's senior officer no less) would be enough to cause a stir. (another link posted here this weekend: http://www.businessjive.com/nss/darkside.html certainly added to the intensity of the discussion),
However, for all the hyper enthusiasm, I think many are fully prepared for a run to $2 maybe $3 dollars as the best they may see...but as the old lotto ad used to say "you can't win if you don't play".
If something is going to happen to FHAL, it will happen this week. Expect a few people to come a little unglued as we approach that July 28th date.
After all, the possibility of a life altering fortune has been known to bend the mind of otherwise serious or sensible investors before. This certainly wouldn't be the first time.
I haven't been to Vegas, but I'm sure it happens there too. Must be human nature.
North...seems clear from these posts
Intraday may be much higher than the close, as has been the pattern.
You're right..but I'm playing it cautiously. I am entirely prepared for this week's trading to be underwhelming, and then I will be thrilled to be knocked out of my seat.
I must admit, however, that watching those runaway days last week, was exhilirating. Personally, I have never watched a stock run that way. But still, I don't want to get to the point where that is what I come to expect on a regular basis. We've had a couple of exceptional runs, and that alone is enough for me.
I also know that for every parabolic run, there will be a pullback. Profit taking will be a big part of this stock's trading, until the day the trading halts, and the stock reopens with it's new ticker. After that, there will still be profit taking. It's a fact of life. It may well edge higher, but none of us has a crystal ball.
__________________________________________
One of my favorite quotes:
If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.
~Bernard Baruch
I think everyone is just plain tired. Many were up until 3am, researching or just plain wired. I personally have been reading everything I could find, on other reverse merger stock examples, on the success of defense subcontractors, on the difficulty of progressing from an OTCBB to the nasdaq.
My eyes are bleary, and I still have a pile of article to go through. But I wanted to know as much as I could going into this trading week.
Don't think anyone is ignoring anyone. I think everyone is preoccupied, that's all.
My fingers are getting tired...
I had no idea how much of a problem naked shorting was until I watched that link. I love how the SEC has grandfathered the existing shorts, for fear of creating a systemic risk to the banking system, yet they deny the naked shorts exist to begin with!
Why grandfather in something that "doesn't exist"!
The power of stopping trading and beginning with a new ticker, is that under Reg Sho, the naked shorts must come clean, and naked shorting will no longer be tolerated for ticker symbols trading after the new regulations went into effect this July.
This should be real fun to watch.
Once again, for anyone interested, here is the link (traffic to the site has been heavy, so you may not get through on the first try. Should slow down later tonight or tomorrow)
http://www.businessjive.com/nss/darkside.html
MP3 LINK: http://www.traders-corner.com/
Part 4, around the 11 min mark, is where Rufus talks about the shorts
Ameritrade daytraders get many hundreds of housands of $$$ for intraday trading, based on their holdings. But - and this is a big but - it has to be replaced by the market close.
Others, buying on margin, will very likely hold overnight.
This is the week anything could happen. Remains to be seen, but who would risk being out?
I wouldn't!
Do you have the link to the Edgar filing? I'd like to make sure we are talking about the same application.