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Yes. Try not to think about it.
149 million shares traded today, including mine with Fidelity. It was clearly quite a profitable day for some. Sorry if anybody's shares were "locked up". Hopefully all get their chance to profit. You never know.
Closed at .003. That's up 2,900%.
You can probably put in a market order with your broker. You may have to call him to do this. SMAS is on the gray market, so brokers make trades by matching buy and sell orders that match exactly, and that can include a pps below .0001. Several investors have recently mentioned selling SMAS shares at .00001. (four zeros) You may however discover that the commission makes it not worth doing.
It's understandable, Duke. Good luck to you.
Goodday Gooddolphin'. The company is still in operation and has a clinic in Mass and one in Manhattan. There was some news in May on the website. Certainly nothing to get excited about. But it's not dead. And the stock has been on the gray market for some time, but still trades occasionally, including 7 million more shares today at a pps below .0001. Again, nothing to get excited about, but it's not dead. And even this board isn't dead. ;0) As for the future, ya never know.
http://somatics.org/
Sounds reasonable to me.
Let's talk about the SMAS run. From .0001 to .0003. It was fun and made some SMAS investors some really good money. The debt is boring. It's been dragging on for ages, and it's for such a small amount even Steve doesn't seem interested in it. (:
The run started on 8/13/08. Up until then .0001's were easy to get. On 8/20/08, the day you mentioned, SMAS opened at .0002, traded between .0001 and .0003, and closed at .0003 with about 607 million shares trading. So if you'd been able to get in that day at .0001, you would have had a number of opportunities to sell at .0002 or .0003. SMAS traded .0003's on that day and the next day, and three days the following week. .0002's continued trading through October, and then off and on into January 09.
http://ih.advfn.com/p.php?pid=webchart&symbol=USOTC:SMAS&period=7&drawmode=0&size=19&volume=1
http://ih.advfn.com/p.php?pid=historical&symbol=USOTC%3ASMAS
Using Fidelity's Active Trader charts I once found that in 2008, 3,203,792,530 shares of SMAS traded at .0002, and 695,743,900 traded at .0003. In 2009, 631,431,550 shares of SMAS traded at .0002. So if you had gotten in at .0001 before the run, or were able to get in at .0001 during it, say, on 8/20/08, you could have made out quite well.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62032592
Not so. SMAS trades on the gray market, and market orders are accepted on gray market stocks. It happened just yesterday with our SMAS stock. The 4 million trade yesterday was a market order. And those trades can indeed be under .0001, and often are. We've seen that with SMAS again and again. That is how the gray market works.
http://ih.advfn.com/p.php?pid=historical&symbol=SMAS
Clearly SMAS is not a dead stock. SMAS shares do trade. Market orders are accepted for gray market stocks, as just happened yesterday right here with SMAS. As for the "value of one-thousandth of a penny", yesterday's SMAS trades at .00001 demonstrate that a broker was able to match two buy orders with two sell orders of equal share amount and pps. Today or tomorrow or next month a different pps could be matched. On the gray market the pps of traded stock can move up and down at random, depending on what orders are exactly matched. The "value of the entire company" can't be discerned in the same way it can on the open market. There is no bid or ask on the gray market. There is no set pps, and therefore no way to set the value of the company according to the pps. This is the gray market. It's different. As for Somatic Systems being a "dead company", its shares are still trading, its website is still in operation, and it released news on that website as recently as last month about company activity.
The SEC suspended SMAS for ten days, after which it went onto the gray market. It's not "shut down". AS I recall, the suspension happened right around the time a false PR was posted to this board, raising lots of complaints to the SEC - a PR which the company denied having anything to do with.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44538469
Same thing happened to me last year. I put in a test market order to sell some SMAS shares, and it didn't execute. Back before the 10-day suspension and going onto the gray market, my broker used to route my SMAS trades through MM Nite. Now we're really at the mercy of the gray market where trades are matched up by brokers. Still, close to 200 million shares of SMAS have traded on the gray market since SMAS came off its 10-day suspension. I personally don't have any orders in, but clearly some people do, which accounts for the volume.
I wouldn't describe Somatic Systems Inc. as being "comatose", since its website is operational and it posted news there of a Somatic Systems event last month.
I wouldn't describe SMAS as being exactly in a "coma" since it does still trade, but I'm sure we'll all be surprised if it one day leaves the grays and returns to the open market. Until then I don't see the harm in people posting messages here.
One way or the other I have already come out ahead on SMAS. Even if my remaining shares never sell, I have made a profit. However for those who have not, a good way to "heal and recover from their losses" would be if SMAS were to once again trade on the open market. Obviously it would require changes, and a market maker willing to make a market for Somatic Systems. We can make predictions and guesses about the future, but the future is unknown.
Not being quoted on OTCMarkets website and being labeled by it as Caveat Emptor does not mean that SMAS is a dead stock or that Somatic Systems Inc. is a dead company.
NEWS
http://www.prnewswire.com/news-releases/franklin-mining-bolivia-announces-production-three-separate-joint-ventures-124720478.html
Franklin Mining Bolivia Announces Production, Three Separate Joint-Ventures
Production Underway at Escala, La Joya & Sorpresa 06/29 10:34 AM
--------------------------------------------------------------------------------
LAS VEGAS, June 29, 2011 /PRNewswire/ -- Franklin Mining, Inc. (FMNJ:$0.0001,$0.0000,0.00%) . Chairman & CEO William Petty is pleased to announce that Franklin Mining Bolivia has achieved daily production in three Bolivian joint-ventures.
Escala Mina I, a Franklin Mining Bolivia joint-venture with Cooperativa Minera "INTI" Ltda and COMIBOL (the National Mining Company of Bolivia) has begun the delivery of silver, lead and zinc to processors in Potosi.
Nueva La Joya, a Franklin Mining Bolivia joint-venture with Cooperativa Minera Aurifera Nueva "La Joya" Ltda has begun deliveries of gold ore for processing in Peru. Multi-truck, commercial deliveries are scheduled to begin following completion of the 80 ton scale currently being installed on-site. The scale and all necessary installation equipment have been delivered to the La Joya and work is expected to be complete within ten weeks.
Antimony deliveries from Franklin Mining (FMNJ:$0.0001,$0.0000,0.00%) , Bolivia's operating agreement at the Sorpresa Mine are now underway and expected to continue on a daily basis.
As was announced in a Shareholder Letter dated June 21, 2011, William Petty expects that all processing agreements will be in place and operational in about eight calendar months. Production reports on individual joint-venture operations will be contained in future Shareholder Letters.
About Franklin Mining, Inc (FMNJ:$0.0001,$0.0000,0.00%) :Franklin Mining, Inc. (FMNJ:$0.0001,$0.0000,0.00%) has mining interests in the United States and Bolivia. Additional information is available at www.FranklinMining.com.
My position on this company and this stock is that neither is dead.
Here's the Somatic Systems website.
http://somatics.org/
Thanks for the info, poot. A 1.1 million trade also was made at the same time as yours. Interesting how the gray market works. Who knows what will happen with SMAS.
See ya.
Interesting, poot. So did you have to contact your broker to change your SMAS sell order to a market order, or were you able to do it online? Thanks.
More SMAS volume today. 5,225,000 shares.
http://quotes.freerealtime.com/dl/frt/M?IM=quotes&type=Time%26Sales&symbol=smas
Obviously news from the company proves that Somatic Systems Inc. is not a "dead" company, and SMAS volume proves that SMAS is not a "dead" stock, contrary to both claims which have been repeatedly and falsely made on this board.
Actually there was news on May 1, 2011, available on the Somatic Systems website.
http://somatics.org/news/stories/2011/04/24/SSI_First_Free_Somatics_Clinic_Duluth
Free Somatics Sessions - First Time Ever in Minnesota - Sunday May 1st
Somatic Systems
Community
Clinic
Trainings
For the past decade, these popular free clinics were only available at our main campus in Northampton, Massachusetts. We are so pleased to be able offer a single day of free clinics to the general public at our new Duluth, Minnesota professional training campus at Yoga North school.
We have a limited number of slots available in our free Student Clinic Sunday, May 1st, 2011.
For the past decade, these popular free clinics were only available at our main campus in Northampton, Massachusetts. We are so pleased to be able offer a single day of free clinics to the general public at our new Duluth, Minnesota professional training campus at Yoga North school.
If you have wanted to try Clinical Somatics or have any chronic pain, postural issues, or discomfort you would like to try approaching in a different way, now is a great chance! This is also very helpful for dancers, athletes, or those engaged in other wellness practices to enhance those experiences.
You will receive a free one-on-one session, just like you would receive if you went to see a practitioner privately. The only difference is that the session is observed by a few classmates and instructors.
Private sessions in Clinical Somatics are a very efficient, effective way to achieve long-lasting, sustainable relief from pain, injury, stress, and other conditions, as well as to enhance overall health and wellness.
Please call us at (877) 586-2555 to sign up (if you reach our voicemail system, dial extension 2500 to leave voicemail in the Training Program mailbox, including the times you are available to participate), or email us at training@somatics.org.
You can also call Yoga North directly, at (218) 722-9642, and they can sign you up for a clinic appointment.
Please leave your phone number, name, email address and top two preferred time slots (9 AM, 11 AM, 2PM, 4PM). We will contact you with your appointment time and other details.
If you don't reach a live person directly, leaving a message is the fastest and most likely way you will be booked for one of these limited slots.
This clinic is located at Yoga North, 47th Ave E and Pitt Street, Duluth, Minnesota.
Please note that we cannot guarantee that the slots you choose will be available (but we will contact you either way to let you know what times are available or that we've booked you into your chosen slot).
SMAS can't be considered a dead stock if it has volume. And it does have volume. As recently as last month. That has already been established. The volume shows on Level 2 right here on the chart on our own SMAS board.
http://ih.advfn.com/p.php?pid=historical&symbol=SMAS
SMAS
Time & Sales
Price --- Size -- Exch -- Time
$0.0000 2,000,000 OTO 05/13/11
$0.0000 999,999 OTO 03/29/11
$0.0000 999,999 OTO 03/07/11
$0.0000 250,000 OTO 02/14/11
$0.0000 1,000,000 OTO 02/14/11
$0.0000 400,000 OTO 02/14/11
$0.0000 3,500,000 OTO 02/14/11
$0.0000 2,000,000 OTO 02/14/11
$0.0000 500,000 OTO 02/14/11
$0.0000 700,000 OTO 02/14/11
$0.0000 1,000,000 OTO 01/26/11
Actually, no you won't. Not here nor anywhere else I'm afraid. But I'm glad that in the end we agreed that Somatic Systems is headquartered in an office rather than an apartment, and that SMAS is not a dead stock. And definitely not a pink elephant!
Goodbye Waitaminute. It was quite a journey. ;0)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42194428
http://investorshub.advfn.com/boards/profilea.aspx?user=131746
"GM" = Gray Market. SMAS is on the Gray Market. And "CE" = Caveat Emptor. It's Latin, sweetie. Don't worry about it. Requiem in pace. ;0)
Over thirteen million shares of SMAS have traded this year. It isn't much, but it proves SMAS isn't dead.
I enjoyed our conversations more than you know, Waitaminute. Will miss you. Stay in touch if you can. ;0)
Wow, that IS a looooooong time to wait.
Did I miss the big GEGP run?
Fidelity shows bid .0001 and ask .0001.
I'm afraid you are again mistaken about the SMAS trades this year. What you seem to be missing is that brokers are free to trade stocks on the gray market at any price, including below .0001, and shareholders are always free to make arrangements with their brokers to trade shares. This accounts for the SMAS trades below .0001 this year that show up on Level II below. In the normal market Market Makers can trade shares below .0001. In the gray market brokers can trade shares below .0001 for their clients who may request any price, including below .0001. Remember, the gray market is unregulated, and does not behave the same way as normal market trading. And those SMAS trades are indeed trades. Even the sources you quoted calls trades on the gray market "trades". "Trades in grey (sic) market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO)." This is because they involve a buyer and a seller. Again, see Level II Time & Sales below.
http://www.answerbag.com/q_view/9034
http://www.beedictionary.com/common-errors/gray_vs_grey
http://www.english-test.net/forum/ftopic9239.html
http://www.greyorgray.com/
http://www.thefreedictionary.com/Gray
SMAS
Time & Sales
Price --- Size -- Exch -- Time
$0.0000 2,000,000 OTO 05/13/11
$0.0000 999,999 OTO 03/29/11
$0.0000 999,999 OTO 03/07/11
$0.0000 250,000 OTO 02/14/11
$0.0000 1,000,000 OTO 02/14/11
$0.0000 400,000 OTO 02/14/11
$0.0000 3,500,000 OTO 02/14/11
$0.0000 2,000,000 OTO 02/14/11
$0.0000 500,000 OTO 02/14/11
$0.0000 700,000 OTO 02/14/11
$0.0000 1,000,000 OTO 01/26/11
There is nothing in all that that contradicts what I have said. SMAS has traded over 13 million shares on the gray market this year, and those trades have a value. The gray market is unregulated. Brokers are able to trade at any price. The most recent SMAS trade was 2 million shares traded on 5/13/11 at a pps below .0001. And not that it matters, but "grey" is a common misspelling of the word gray in the US. Even some respected banking institutions get it wrong. So I'll go with the US spelling of gray, unless you can show me a picture of an actual building on Wall Street with the words "GREY MARKET" chiseled into the stone face. ;0)
http://www.beedictionary.com/common-errors/gray_vs_grey
http://www.greyorgray.com/
Actually shares do trade on the gray market. To say otherwise is incorrect.
http://www.investopedia.com/terms/g/graymarket.asp
On the gray market shares are traded by brokers when they match a buyer and seller who agree on a quantity of shares and a price. Price = value. This accounts for the SMAS volume this year. This volume must have value, since trades on the gray market have a mutually agreed upon price. If there were no price, there would be no trade, and we would not see the trade listed on Level II. But of course we do see it. Those trades must by definition have value.
It is true that you and I can not place orders below .0001, and I have never suggested otherwise. However brokers are free to trade gray market stocks at any mutually agreed upon price, including under .0001. That is what we see in the SMAS volume this year, and some of the SMAS volume last year. This accounts for the volume we see under a pps of .0001. If what you have said about the gray market were true, then we would not see any volume below .0001. But we do.
Here is a source I have not provided before that proves once again that there has been SMAS volume this year, and that SMAS is therefore not "dead". It is the Historical Prices for SMAS listed by ADVFN, and it is thoughtfully provided for free by IHub right here on our very own SMAS board. Note the volume this year.
http://ih.advfn.com/p.php?pid=historical&symbol=SMAS
And yet anyone who bought SNRS at .0001 and sells at a higher price makes at least a 100% profit on their investment. In just the last ten days over 5 billion shares of SNRS have traded at .0001, and over 4 billion have traded at .0002. And who knows what the days ahead will bring.
Still willing to discuss this subject, I see. But at this late juncture there's nothing left to discuss. You insisted - has it been two weeks already? - that there has been no SMAS volume this year. Since then we have proved beyond any reasonable doubt that over 13 million shares of SMAS have traded this year. That leaves no avenue of discussion remaining except to rehash the same tired attacks upon the sources, and resort to bold typeface, capital letters and hyperbole, none of which can erase that volume from Level II, or from those other sources such as IHub charts which, happily, provide more information than TDAmeritrade.
SMAS
Time & Sales
Price --- Size -- Exch -- Time
$0.0000 2,000,000 OTO 05/13/11
$0.0000 999,999 OTO 03/29/11
$0.0000 999,999 OTO 03/07/11
$0.0000 250,000 OTO 02/14/11
$0.0000 1,000,000 OTO 02/14/11
$0.0000 400,000 OTO 02/14/11
$0.0000 3,500,000 OTO 02/14/11
$0.0000 2,000,000 OTO 02/14/11
$0.0000 500,000 OTO 02/14/11
$0.0000 700,000 OTO 02/14/11
$0.0000 1,000,000 OTO 01/26/11
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63428286
It's quite simple, really. TDA doesn't have the latest information. The SMAS chart provided by IHub on this board shows the latest SMAS volume through last month.
http://ih.advfn.com/p.php?pid=webchart&symbol=USOTC:SMAS&period=5&drawmode=0&size=19&volume=1
Bye.
That's old news.