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What do you base that on?
Not fair Puppman, you know the way he worded it that you've already won the bet.
Saw this in the business section of the Seattle PI this morning. It was mostly about farmers in the state, however, I thought I'd pass this quote:
"Washington jumped on the bio-fuel bandwagon in the most recent legislative session with a bill mandating that, by late 2008, 2 percent of gasoline and diesel fuel that suppliers sell be ethanol and biodiesel. Developers are discussing biofuel and ethanol plants all over the state."
Now I need to get to work before my MGR. fires me. :~)
I'm sorry, but that's NOT what I heard him say. He said convertion kits WERE AVAILABLE, but was pushing new E-85 cars.
Ok, that is the first time that I seen a car (Ford) ad on TV that said it was FLEX 85 capable. I'm in Seattle. Don't believe there is a Flex 85 pump to be found within 100 miles though I could be wrong.
coonass, you voiced my concerns for me. Thank you. Dilution in paticular as it allows hedge funds to have a field day with the PPS. And implimentation of their plans. Being an "idea company" is nice but the the rubber needs to hit the road and the company hasn't shown their plan for getting from ideas to making money. If I weren't willing to wait awhile to see if they can do it or not I wouldn't be here though.
puppman, how many shares did you say are issued? For those thinking $2.50 a share - I think that would give XLPI a HUGE market cap. I mean bigger than the dot coms?
I actually agree with you. They need get into gear and sell something.
Total speculation on my part. IF (big IF)Clyp is how the company sells shares in the market then NITE spots them selling and starts to short. If Clyp backs off NITE will too and we go up. The more Clyp sells the more NITE will short. I don't have Level II & am just guessing. Off to work.
When NITE is around bringing a stock down it usually has to do with shorts or so I've seen with other small stocks. Bummer.
Thanks for noticing the part of the PR release you bolded. I hope they will enlighten us as soon as possible on the marketing plans. And "other ethanol technologies" just begged for more specifics, but I'm all ears! :~)
It is great news and I agree most people don't know about it yet. My question is how do they plan to get it to market, who will carry it, time frames involved, & in general how the to turn the agreement into revenues.
Any change in PPS? Wondering because vacation is over & I'm back at work with no RTQ. Probably already factored in the stock?
Gas at $3.15 will soon look cheap. My point yesterday on security: How about if there are supply disruptions and Iran blocks the straits of Hormulths (sp?)? Gas could easily go to $5 to $6. with oil @$125. The security part of that is we should prepare NOW for such a possibility. Even if it doesn't happen, just the fact that it COULD happen, should be acted on in DC.
That would make E-85 look like a down right bargain & patriotic & good for the environment. Not everyone wants to run out and buy a new car so there is Flex Tex to the rescue.
OK, so I'm future tripping. Doesn't mean it couldn't happen.
Sorry, but I don't see it that way. I see switching to E85 Ethanol Technologies & Diesenol Bio-Diesel as a matter of national security to free us from sending dollars to countries that don't like us & put us at their mercies.
I agree unfunded mandates are bad, but for instance, I would be watching regular TV & not HDTV if the government had not stepped in. Ethanol needs to be encouraged just as it was in Brazil. And as a Xcelplus shareholder I expect to benifit from the growing move in that direction from the growing groundswell from the private sector AND state & federal gov.. Sure all pols want to get re-elected and there is one thing most people resist is CHANGE. Ethanol offers a solution that allows people to continue living with what they're use to AND does keeps envirormentists happy and makes us less beholden to foreign powers and can help our own farmers. If the pol. can make a voter happy then he or she will get that vote. It doesn't even hurt the oil companies IF they are willing to change because there is a lot of money to be made here.
Not that I expect it to happen anytime soon. Just watching Sen. Biden on Meet the Press and he said he (& others)had a bill in Congress that would require Car companies have Flexcars & all gas stations to have E-85 pumps by 2008 or 2009. He says that because we don't want to offend anyone (he mentions auto workers & oil companies)we can't make any decisions. Dang! Because I think that would be the right thing to do. Especially when Iran holds the cards:
http://www.msnbc.msn.com/id/13048821/
Iran's top leader warns against U.S. attack
Khamenei says energy supplies would be disrupted, insists on nuclear rights
I really hope as an American & stockholder in XLPI that we can move forward rapidly on getting off our addiction to using fossil fuels. And the fact using E-85 is much better for the environment is a major plus. What will probably happen though? The rest of the world will move first and we will follow. Even France will be ahead of us on this because they know it will be good for their farmers.
OK, rant done. I'll go back to the quiet room & try and behave now. :~)
You're probably right. Hoping for an irrational market I guess.
Have you (or anyone else) actually used XcelPlus in your car? If it really does help gas mileage I might try some. Bought a 2005 Toyota Matrix & sold my 2002 Saturn SL2. I don't like how fast the gas gauge goes down.
P.S. Scottrade is down so I guess I'm on 15 min delay today. Anyone hear when it will be back up?
Conversely, if something were to happen to Iran's oil getting to market E85 may be in the news more often. That's an understatement of course.
Thanks for the e-mail puppman. Your posts are very helpful. How long have you been in this stock?
And those prices sound very good. unleaded Arco is $3.09 Shell and Exxon are at about $3.17 or so. Can't locate any E85 pumps in Seattle as of yet.
Not directly related to Xcelplus, but maybe indirectly. I've been watching about 15 highly speculative stocks and noticed most of them were up today. I also see where Iran is being offered (on CNN):
" 'Carrot and stick' deal agreed for Iran
Six world powers -- including all five permanent members of the U.N. Security Council -- Thursday agreed on a plan for resuming negotiations with Iran -- but only if Tehran agrees to suspend its manufacture of nuclear fuel."
So I'm thinking if Iran agrees to go into talks then people may be willing to take on a more bullish attitude toward riskier stocks due to a pyschological change. And Animal Spirts type of thing. Everyone seems to have been pretty down for the larger market for a couple of weeks now.
Anyway, just speculation on my part.
Old Timers no doubt have read this, but if you're a newbie or soon to be a newbie to this stock I thought I'd post this from the XLPI website:
http://www.xcelplus.com/about_xcelplus/2006.htm
P.S. I'm impressed - it's mostly in understandable English!
P.P.S. Then they cleared things up some:
http://www.xcelplus.com/about_xcelplus/Clarification.htm
The Vision and Direction for Xcelplus In 2006
Revised Version
Over the past few months, we haven’t put out much company news due to internal objectives and strategies that were being put in place so that been Xcelplus International Inc may move forward in 2006. Now is the time to let you know what we have been working on, strategizing about, as well as, setting into motion.
Corporate Moves
Xcelplus International Inc is as of this date, January 30, 2006, moving from being a New York Corporation to a Nevada Corporation. The documents have already been prepared and signed for this move.
We are also increasing our Authorized number of shares to 700 million shares in conjunction with our changing to a Nevada Corp. This will enhance our ability to grow as a company towards the direction that will increase shareholder value.
The following are the details for this growth as explained in this letter to our shareholders:
For the record, we are not, nor will we ever most likely be interested in, doing a Reverse Split. Most companies that do a reverse split regret ever doing it.
We cannot, as many people seem to think, do anything about our PPS on the open market. We do not, as it’s illegal to do, buy up stock on the market just to get the price up, nor do we send out faxes, emails and other illegal programs that are designed to prop up one’s stock price. We know that if we continue to build our business that the stock in time will reflect the true nature of our business and the potential that we have. We would all love to see our stock rise in price, and feel this can happen if we can attract more buyers by telling everyone about our company and our great products. If one can’t explain in 10 minutes just what it is we do, then feel free to read up on our company’s products, history and growth potential. Currently, we use Business Wire as well as other press release avenues to make consumers aware of our products and our company.
Some investors may not be aware of that Xcelplus does not sell any stock directly through the market. Xcelplus only receives funds through private offerings. Stock sold in the open market through brokers goes through the DTC to transact sales between buyers and sellers.
Xcelplus does make private offerings from time to time to raise capital, which is done through Reg. D 506 or 504 offerings to existing shareholders or accredited investors. This capital is then used to move the company forward. We have restrained from doing this as much as possible, however, it becomes necessary at times. Furthermore, we try to find the friendliest investors we can who will hold on to the stock for the long term. In the Pinksheet world this is often quite difficult. Much of the small funding often comes from our own pockets.
NEVADA
Once the move to a Nevada Corp is complete, Xcelplus has plans to establish a Holding company that will be taken public through a reverse merger in the same manner as XLPI. This new company, Xcelplus Global Holding, Inc., will have roughly 40-50 million shares total authorized once it’s fully functional.
All XLPI shareholders will at sometime in the future (subject to change) be issued approximately 1 share in the new Global holding company for every 100 shares they own in Xcelplus International Inc (XLPI) stock as a dividend. The company will work out the exact numbers at the appropriate time. Our hopes are that Xcelplus, with the acquisitions we are working on, can sustain a higher stock price as the company moves forward with its plans..
Xcelplus Asia Pacific will become a subsidiary of Xcelplus Global as will Xcelplus International Inc. In addition, Xcelplus Global will establish another corporation and take it public for our “Quick Lube Center Operations” that will begin to come online in the spring sometime. (More details in another section.)
There will most likely be another company set up and spun off of the Global Company to handle specialty products that we already have developed but don’t especially fit our lubricants business. This would include the Flu type products for export, refrigeration products, a military product and several others we are working on. These are not chemically based, however since developing Asia Pacific we have found a need for such products and have lined up suppliers.
The layout for the companies will be as follows:
Xcelplus Global Holdings - Owns all formulas, as inventors are part of this company as well as chemists, product R&D and any acquisitions we are working on. Xcelplus Global will license all products to XLPI as well as other subsidiaries to manufacture and market these products.
Xcelplus International Inc. – (currently XLPI) a manufacturing, bottling and packaging operation that supplies all products to other subsidiaries such as lube center operations. We are planning a new blending plant in VA and temporarily using a couple of other plants in Arkansas and Texas.
Xcelplus Engine Treatment Centers. - These will be lube shops that we acquire with stock / cash purchases and converting them to our brand of shops. The real estate for these products may be held in another corporation and leased to Xcelplus Lube Operations. All products for the Lube Shops will be purchased through Xcelplus International Inc. This will be a subsidiary of Xcelplus Global and publicly traded.
Xcelplus Asia Pacific -This company will become part of the Global Holding Corporation and function in its current manner throughout Asia Pacific. The management currently in Asia will remain intact. Xcelplus International Inc will supply all of the products they market giving Xcelplus International Inc a revenue stream from this operation. Notably, Xcelplus AP is developing markets for products we have not even heard of up until this time. The reason for this is the markets in Asia are much more diverse then our US markets and has special needs that we can fill from here in the U.S.
Xcelplus Environmental - (possible name) Will most likely distribute all of the odd type products we currently have as well as new ones we have been looking at currently to purchase and distribute through XLPI. These products will include the Avian Flu products, Oil encapsulation product, Pipeline Cleaning products as well as other products that don’t currently fit the XLPI mold.
Xcelplus is also currently working with two companies that supply products we’ve located markets for in Asia that have absolutely nothing to do with lubricants and the environment. One is a product that we will only describe as a military product in the sonic field; the other is a product to reduce the energy consumed by HVAC units to the tune of 12-15%, which opens a huge market to us in Asia. We may also establish another subsidiary for these type products.
We have been working to establish a pipeline between Asia and the US for some time now, and feel we’re ready to proceed at this point. Funding that is coming into the company will be allocated to launch XLP Asia Pacific as well as the Global Holding Company. In addition, we will use the Global holding company to develop more funding as well as launch all operations mentioned above.
ASIA PACIFIC
In Thailand we have established our warehouse and offices there. In Singapore there is an office and a managing director for all of Asia Pacific.
A trip has been planned for the first week in February to Harbin China to take products there and test them in some of their large trucks. This particular company is the premier company in all of China when it comes to truck manufacturing as well as auto manufacturing. From there the journey goes to Shanghai for another meeting with a distributor there.
A company in India has already ordered our lubricant products for initial distribution in India, which has opened doors of opportunities for distribution into Sri Lanka, India and Pakistan. We will meet with the owners in February to discuss expansion plans for India, Sri Lanka and Pakistan.
Indonesia has been supplied product from inventories we’ve already shipped to Asia.
Our Environmentally safe De-Rusting product has finished being tested in Thailand and now orders are being taken for the product in the Industrial and Military arenas.
Avian Flu
The product for the Avian Flu is currently being lab tested specifically for the H5N1 virus. Once testing is completed, we believe the product will be embraced by a ready and waiting customer base. Due to strict EPA regulations in the U.S., we cannot make any “Kill” type claims for any products without EPA registration as a pesticide. The costs for such an application would run several million dollars in addition to taking several years to complete. The Eliminator 200 is being tested in Australia currently and is expected to clear testing sometime in January or February 2006. We have moved forward with this product for distribution outside of the US, as we can only make claims to eliminate odor here in the US.
We have signed a distributor agreement with a Nevada Company for distribution of this product in Canada, with the first right of refusal on India, South America and Europe.
US Sales of Lubricants
Like many others, we would like to see our products in Wal-Mart. However, we must meet the requirements of Wal-Mart, and any major retailer that handles these types of products. The main requirement is that we must have a national advertising campaign in place to cover 100% of the US. This is typically in the form of DRTV (Direct Response Television) or Infomercials. This would be the most cost effective method to place products on retail shelves. The cost for this type of advertising would run about $5,000,000. Subsequently, we are building our dealer distributor network to market directly through the retailers on an individual basis allowing them (Dealer / Distributor) to consign the products right to the shelf. This allows us to manage and maintain a retail program using OPM. This program is currently in the shakedown part of testing. (Jan 06.).
AutoZone currently uses a pay on scan system for products. For example, we would be required to place products on consignment on their shelves and when they sell we get paid. Many retailers are looking at this same system which has manufacturers scared as they would then be made to pull their products off the shelf with advertising. If you couple the cost of consigning products to several thousand stores as well as paying for advertising you are talking many millions of dollars needed just to have a retail presence. Therefore our dealer distributor program makes the most sense at this time.
We are actively looking for new distributors for our products. There are several markets that we are looking to penetrate, however each of them requires a totally unique tack for market penetration. The industrial sector is the toughest as we must deal with engineers who have been taught, although not correctly, concerning lubricants. We anticipate using an infra-red camera system to point out problems they may not even know they have and solve it using our products.
As for the Military markets, we are looking to acquire a company in Texas that has made some in-roads into the military market already. By obtaining their product registrations we will be able to alleviate many hassles for our products lines. We can simply add our products to their registration and move them into the military markets. This company would become a part of Xcelplus Global when acquired.
In closing Xcelplus hopes you can see how bright the future for Xcelplus is for both the company and its shareholders. We appreciate all your support and we will continue in our quest to build a profitable and rewarding future for all.
I may be refi-ing (just off the phone)and end up with another 5Gs I could put here. Going by past history it will sky rocket 1 to 5 days before I get any money. But, I could live with that.
Maybe so, I'm a new shareholder & wasn't listening to the CC.
Does Wal-Mart carry any products made by Xcelplus? If not, it seems like they should.
Billyjean, did you get all you wanted @.016? I noticed some of that double posting stuff (same amounts 1/2 cent apart)@.016 & .0155 before and after your post. If you did it seems like a pretty good price. But then I would as I bought @.019 & .020. Don't think it make a whole lot of difference if revenues start coming in. JMHO.
Thanks for the all the posts on their products, puppman. Mind if I borrow them (giving you full credit of course) if I have to explain what this company does?
This company is SOOO undiscovered!!!
Wonder if we'll hear if this is final today and the plans for distribution?
..."Diesenol is the only nearly pure ethanol product for use in UNMODIFIED diesel engines. This alternative to traditional bio-diesel fuel consists of 95.2% ethanol and 4.8% proprietary petrochemical additive. XcelPlus International President Bill R. Smith expects to finalize negotiations for exclusive rights to this product by May 31st 2006."...
OK, I'm in with 400k@.02 & 200k@.19. I like the potenial of this company.
So bottom line:
1. Does this Diesenol Bio-Diesel fuel product meet the new sulfer standards effective in Oct. 06?
2. Will it be widely & readily available?
3. Is it competitive with what else is on the market already?
I haven't bought any shares yet for a few reasons:
1. Just started researching the stock.
2. I am stuck in GNBT at the moment.
3. I'm a little worried about how much dilution of the stock they will do to complete all these projects they've announced.
May want to read this:
GoldSpring Inc (BB: GSPG)
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By: wallywallstreet_1
28 Dec 2004, 06:01 PM EST
Msg. 12676 of 12682
Jump to msg. #
The SEC Market Reformation… From our friend Sterling
The Securities and Exchange Commission (SEC) really has been on our TEAM all along. For years we thought as investors that we were out there all alone in the market because of years and years of many people being on the losing end from stocks being manipulated.
I received a very important phone call from the SEC that was very powerful. The info is so powerful that I deemed it would be selfish for me to not share such with those in here since our goals have always been to help each other as much as possible. What I am about to share might be known by some, but I am sure that it is not understood by most. This is concerning the true power and intentions behind Regulation Sho. There is more that I have not heard discussed by people and I think there are some things we are not seeing correctly by normally seeing the SEC unsuccessful attempts so often in the past.
What you are about to read are not my opinions. It is what I was told by the SEC and was given permission to share this information with you for a better understanding. I was told that they want our feedback so they will want to know if it worked or not in fixing what they knew was broke for years, but just recently discovered how to resolve.
The pressure is on the Market Makers (MMs) to do what is right because all eyes will be placed on them. There will be many key Federal Authorities, Economists, Mathematicians, etc. that are already lined up to be performing certain studies for historical purposes. All the MMs have to do to not make matters worse is to do what is right and fix what they had broken for years with any fully reporting company that’s a threshold security as soon as possible. Let me explain a bit further to show you how this will work.
First understand that the SEC always wanted to help us shareholders, but never knew how to do so. They had always received many complaints, but never knew how they could trap the MMs to simply do what was right. The shorting and naked shorting had gotten out of hand as I will explain both.
The Naked Shorting
With the implementation of Regulation Sho, the MMs will be forced to close out their open naked short position on all stocks that meet the Regulation Sho requirements for coverage. They will have to do this everyday by midnight beginning on 3 Jan 05.
This leads us to talk about the requirements as some are already familiar. A stock must be fully reporting and considered a threshold security. A threshold security is one where .5% of its outstanding shares (OS) have been proven to have been naked shorted for 5 consecutive trading days and where the MMs have failed to close out those positions for five consecutive trading days.
Example: If stock ABCD had 2,000,000 shares outstanding and was a fully reporting company as of 3 Jan 05, the MMs would need to fail to close out the open naked shorted position of .5% of 2,000,000 shares which would equate to 10,000 shares not being “completely” covered for 5 consecutive trading days. This means that the MMs would need to make sure they don’t allow 5 consecutive days to happen where they leave any balance remaining of the 10,000 naked shorted shares as an open account of stock ABCD. They must “completely” close all open accounts of naked shorted positions.
For proper accountability of all of this to work, the SEC will have to have a coordinated TEAM effort from key entities within the market as authorities. The SEC, Depository Trust Company (DTC), brokerage companies, all market exchanges, the fully reporting companies, and their transfer agents will all be working together to make sure all the proper coordination take place for Regulation Sho to work.
Coordination will take place with the fully reporting company (and their transfer agent if they have one) to make sure there is a full accountability of what’s their OS. The facts will be reflected in the company’s SEC filing which is why it is essential for them to be a fully reporting company.
The DTC will be responsible for informing the SEC where the open sales exist as in the amount of shares existing that have transacted through them that they placed into our brokerage accounts. This was a problem before because many relied on the DTC to give them more than this information to help resolve this issue sooner.
This is where the brokerage companies come in along with the help from the exchanges. The SEC will be further detailing and defining their information of transacted shares from the DTC by having revealed to them the guilty MM that have transacted the naked short position from information received from the brokerage companies and all of the market exchanges. This is proving to be something bigger than what many of us had realized. Let me explain why.
All of this brings us back to something I discussed earlier. When the supply of shares of a stock is zero, the supply is zero. It doesn’t matter how you get there, be it by a naked short position or by the float being absorbed. This is where it all starts as a short squeeze will now be formed and grows as demand to purchase shares increase. This is where the misperception exists with Regulation Sho. People think that a new naked short position has to be created as of 3 Jan 05 in order for a stock to be eligible for protection and rectification under Regulation Sho. This is not true. It’s even better. All naked short positions of the past will not go away and must be dealt with. The clock begins ticking for covering on 3 Jan 05 for fully reporting companies. PERIOD!!! This means that any stock that has been naked shorted will automatically start out in a forced short squeeze mode that will only escalate the longer the MMs wait to cover.
Any buying pressure will cause the increase of the naked shorted position to grow to begin approaching the 5 day consecutive window of not getting covered by the MMs. After the 5 days transpire where the MMs have failed to deliver and close the open naked shorted position, that stock in which they failed to deliver will be placed on a Threshold Security List for the public to view. This is where it starts to get awesome.
Example: Let’s say stock ABCD, a fully reporting company, was trading at .01 cent and had an OS of 1,000,000 shares. Let’s say that stock ABCD have been naked shorted by 1,000,000 shares over the OS/float of 1,000,000 shares. Come 3 Jan 05 the MMs will not be forced to “possibly” immediately cover the 1,000,000 naked shorted shares. Here’s the beauty of this and where the MMs are currently mad at everyone about. Don’t worry, they will make money, but in a different way as we might talk about later.
With no buying pressure, they won’t have to cover as soon as one might have hoped as shares are sold exceeding the amount of shares being bought for stock ABCD. Still, if they don’t cover the “entire” 1,000,000 naked short position for 5 consecutive days, stock ABCD will show up on the Threshold Security List for the public to view on 10 Jan 05. After such, the MMs have 13 days to close out the “entire” naked shorted position or face being suspended and/or shut down from that security and other penalties to possibly put that MM out of business. The end result will still be the supply being zero and the stock would be forced to be traded correctly based on supply and demand with an already dried up supply. This means the creation of an instant short squeeze!
What I anticipate happening, and the SEC, is that in the above example with stock ABCD, the MMs will need to get the 1,000,000 naked shorted shares out of circulation by increasing the bid to entice shareholders to sell. The problem comes when they allow for the buying to outweigh the selling due to increased demand for the stock. As orders are placed to buy shares, they must be filled by the MMs. This will worsen their problem when nobody is selling. As the MMs make the mistake and allow for any stock to be placed on the Threshold Security List, it will publicly reveal where the MMs are already having a problem in covering. Us as shareholders will see this list and contribute with forcing the short squeezes for every stock on the list.
If they raised stock ABCD to .50 cents and there was more buying than selling than no ground would have been gained by the MMs. They only gain ground when there is more selling than buying that exists.
IMPORTANT: So where is the “Threshold Security List” that we all will be looking for? This is how we all get a chance to help the MMs reap what they sowed. Go to…
www.nasdaq.com
… to see the Threshold Security list beginning on 10 Jan 05 and review it daily. Any stock that you see on that list “should” immediately present a wonderful buying opportunity by being in an instant short squeeze scenario. The MM guilty of the naked shorting will have a hard time from not generating enough selling by enticing the bid high enough for shareholders to sell to out weigh the buying to allow for a covering to transpire.
Again, I do not believe that all MMs are bad and I am not posting this to lead some type of crusade against the MMs. Remember, all we ever wanted was for the MMs to trade the stocks we invest into fairly as investor/traders in the market. Without the MMs, there would not be a market and all the SEC is doing is making sure the MMs create and maintain an orderly market, fairly. This Regulation Sho is something that is long over due.
The Shorting
The shorting of stocks are referring to the Pilot Program that was delayed to begin on 2 May 05 and will last for one year through 2 May 06. This is where they will be selecting 1,000 stocks to use for an SEC experiment that they call the “Tick Test.”
Example: Imagine stock ABCD trading at $10.00 per share. Let’s say you now decide to short stock ABCD at $10.00 per share by buying through shorting 1,000 shares. You really just borrowed $10,000 to short stock ABCD to buy 1,000 shares. Two days later, let’s say stock ABCD drops to trade at $8.00 per share. You now decide to cover your short in stock ABCD and sell your 1,000 shares back to the market to have them delivered at $8.00 per share for a total of $8,000. You cover by paying back the 1,000 shares you borrowed, but since the price dropped down to $8.00 per share, your cost for paying back the 1,000 shares of stock ABCD will be $8,000. Since it’s mostly all about the share amount and not the dollar amount for covering in the eyes of the MM, you would profit the $2,000 difference from using the proper timing for delivery of the 1,000 shares.
The SEC will be doing a study on 1,000 stocks while examining these stocks to see how and why certain problems have existed throughout the market with the delivery of the shorted positions. What they have come to find out is that there is a problem that exists with somebody shorting a stock as reflected above and never delivering the funds to cover the shorted position whether the stock goes up or down. They have come to find out that somewhere and somehow the intentions to later deliver never existed. The Pilot program is being designed to get to the bottom of this.
The opportunity that we have here with the rectification of the naked shorting and shorting of stocks is something that will go down in history for the better in fixing something that was broke for a long time. The primary objective is to have an orderly and fair market for those stocks that are legitimate and trying to actually grow to trade fairly on its own merit of supply and demand principles and not on manipulation of choice.
Bottom line, any stock falling under the protection umbrella of Regulation Sho will automatically begin trading under a short squeeze scenario due to its supply of shares immediately being zero. How huge the short squeeze materializes is predicated upon how soon or how long the MM that is guilty of naked shorting decides to take for covering. Whenever the “demand for buying” exceeds the “demand for selling” within that naked shorted security, the MM will have a very difficult time in covering by the mandated time frames allocated. Added buying pressure will only compound the dilemma for the MM.
I am expecting Jan 05 to be the best month in the history of the market for opportunities for prosperity because of Regulation Sho. We are about to be part of a positive piece of history. I hope the above info have helped many to see what is the importance of making sure you are positioned and well planned for strategic moves to be made in the market to capture the opportunity for prosperity. We all must prepare and plan now if we can afford to do so. People don’t plan on failing, they fail to plan. May we all become prosperous!
All is well!
Thanks to you both. I'm in NTO (a copper/gold mining stock) at the moment. Best to you here.
Stu
Any specific reason for this runup?
OT: Got the larger dish to rerceive VOOM yesterday. Thanks again for the tip. Hope it works in the rain.
You're welcome. Thanks
Sorry all, I'm out. Took a HUGE loss. Means the stock is poised to go to the moon of course. Because of George's re-election our horrible fiscal policies will continue. I believe the dollar is headed nowhere but down which means GOLD STOCKS are going to do great IMHO. Hope QBID gets it's act together.
Stuart
OT: Not a great stock, but I'm in GSPG now. Will lurk in case this thing turns around.
Anyone know how the others cities that RCN has are progressing as far as getting a signal out?
Thing is unless we get something to move the pps I'm thinking it will continue to drift down. Or we could get a capitulation drop. Altruistic I'm not though. I wouldn't buy more if I didn't think I could at least double my money.
Dr, please back away from any sharp objects. But then, to each their own!
I have a GTC order for 400k@.0024
Changed mine to 450k@.0021
Put in my order for 350k@.0026 today only
Don't have L2. Know it usually sinks a little after the open & later in the day. Cept I'm wondering if the CC will change the pattern Just have to wait & see of course.