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I've heard that and similar things many times, and in theory, that is true because you are using your shares, putting them out there for sale. But I get the feeling that these BDs run the show so much that they really do not care. They just Naked short it and keep things confusing enough to make it difficult for anyone to look through the numbers close enough to see that they are lending out shares that are already tied up in the sell line on the tape.
I mean who is gonna look at it, until we get mad enough and complain enough to have a legal investigator or SEC (LOL) look at it. We can't, and they are NOT going to out each other, and it often looks like the SEC wants to protect these misdealings.
OS about 547MM
Float last reported by Howard on the interview yesterday to be 80MM - we are not sure if that is correct or he just made a mistake in the interview, because just about a week ago, he said it was 100MM in another interview.
I think actually shorting is selling stock that you (or your BD) borrowed from a shareholder, so that you could then sell it, but it is a covered trade, not naked. Shares are out there somewhere to cover it, somewhere in all the records. You (or your BD) just has to make sure they get back to the owner they were borrowed from when he wants/needs them.
Naked shorting is selling stock that there has not been verification that there is stock still available out there to borrow against, thus more difficulty in getting it covered unless the market is manipulated a bit. Only when they cannot manipulate the market enough do they decide, well heck, its not out there, too many transactions have occurred anyway since then, so it will be rather difficult for them to track down where these shares were to come from, so we will just not cover, thus a FTD hits the records. But they have to be tracked closely to find out how those FTDs are being handled and that is where all the new Reg SHO laws came into effect. People got real tired of exhasperating amounts of FTD's occurring, and started to push back.
Ken, as you know, I've been in this stock, CHDT. In Gold Rush, with a great Knight's Crossing, (I think) at the end of May, which was actually a rebound off its Knight's Crossing (from end of April) break the week prior. (Does that make sense to you? I hope you understand what I am trying to say I am seeing there.) Anyway, It met all the parameters for a Landslide, yesterday, but by the time the Landslide was confirmed by the Williams going to -80, I had lost the majority of my profits because I did not get in until the late May Knight's Crossing, from .06 through .11. Well now, I do not know for sure how to read the chart. The Landslide is confirmed - indicating an exit, HOWEVER, the exit points you describe for a Knigh't Crossing are if the price closes below the 5dMA (Which it did, so that conservative exit is triggered), and/or the 5dMA moves below the median line (20dMA). It has not yet moved below the more risky exit point of 5 moving below the 20, gettin a bit close, but is this one where it is an obvious exit and I just want to fight it, OR is this one where there is still potential for the stock's 5dMA to kiss the 20dMA, turn, and proceed back on it's longer term trend upward?
Did it drop out of Gold Rush status? Man-O-Man this baby dropped FAST. Too fast for your indicators to give me a clear signal to exit before I lost all that profit. (Or maybe I'm still just wayyyy too new at this, LOL). Is this kind of drop typical? Do I need to become more nimble instead of waiting for such definitive signals?
Rich, Great lesson for me too. Watch those manipulators, LOL.
I do not understand why it is a pump. Please expand the next time you can post.
Portuguesebond, Out of respect for WSM's rules, and the information others are trying to gather on this board, I think we have pushed the discussion of the other stocks a bit far today and need to go to those boards for discussion. These posts will likely be dleleted, for good reason, when the moderators get back to clean up the board. Let's not make their job harder for them. In this way, we can all happily work together.
Thanks for the info, and you sure got that right about the last row of the stadium.
Except, isn't it possible that the .095 was the price at which they were doing the covering for higher shoring trades and that, possibly .095 will get the losses covered and provide some profits to boot (heck they likely shorted from .235 down to .11, the last week)? I know the short cover price provided by buyins.net was .06, but they can make up those losses with profits from making many more short plays at much higher inflated stock prices above the .06 (which we all know they have been doing the last couple of days), and then the new cover range could be a few cents higher, NO?
OT: Yeah, and I'm sure that is what it is. A BIG FAT BONE.
Hey, comrad, No problem on standing up for you. I am adamant that friends should stand by each other as long as the friend is not doing something wrong.
I am tapped out right now. Been watching the other, and noticed a nice buy opportunity, but I have come to the dance with CHDT here, and I guess I'll just have to wait till they play the last dance. I think I'll be high-steppin, just have to wait a while and stay on my toes, LOL.
Oh wait, I found a little capital to sell out of another slow mover - may buy a little.
Same way I feel. Just a tad more conservative and will be a little more on my toes. Darn those down days for days on end will certainly make your gut turn.
I believe that that "any" word is exactly what makes it appropriate for them to include that statement. We have no idea what other "contingent liablity related to this matter" might have been possible to impact the balance sheet. But now, with this decision, they can remove any of those effects. May not be the stuff you are looking for in the 10Q, but other subsequent effects that have some impact on the balance sheet.
Either way, all has gotta be good with this. I see it as definitley positive, but wasn't that much of a worry before, just a bump that needed to get ironed out.
Well, BLOW ME DOWN, Moxy, look at Klaazzz's board, NOW. VERY interesting!!!!
LOL, VERY true
Real Time Quote.
Which, BTW, is now .106 x .108
Thanks Dart. I've been waiting to see one of your charts. Still love them whether the stock is up or down.
Can someone who posted the link to the interview, PM me the link? Or, is that not allowed either?
I find that VERY helpful. I was thinking the same thing, but had not gone back and looked at any, other than XKEM. I don't think their top of XKEM would be called a shooting star, more of a hanging man to me, but they are both bearish, seem to be pretty much the same thing only one has a longer body than the other.
Looks like we're closing at the LOD, boys. Damnit!!!!
I hate to say it, but I think they call us bagholders. Yours harder to take than mine, but still holding the bag all the while hoping that something will stop this unending slide after we had undue confidence in the great things that are coming with CHDT. Hope, because, yes this is still a company that increases from revenues of <$1MM last year, with already >$11MM booked in the first 2 quarters per a PR.
(I'll find the links of I HAVE to, may take me a few days, LOL.)
Anyway, yes I said hope, because NOTHING has been rational about price movements the last two weeks. People were wayyy over-evaluating for things they hoped would be happening in the next 12 months and now people are not even looking at the revenues and margins that have already been announced, SOLID numbers. To me, the big buyers and sellers, IB's, etc. will move this how they can see THEM getting the biggest profits regardless of these numbers, so all we have is "hope" that they see some profits in taking this back up again. The ONLY way they will see such profits is if Howard comes out with some really good solid numbers and new deals that these biggies can use to get everybody all hyped up about again to consider buying CHDT again. They must be big enough PRs to make the subsequent story impressive enough to override the fears of the bloodbath we have seen this week.
The ONLY thing that is providing me any confidence is that Howard has never done Toxic Financing, so I do not see a group of IB's or backers sitting out there manipulating the stock in manners that increase the returns they can get from what the company has provided in a deal. It is all Howard, and him putting most of the money back into growth in the company. But I still want to know why CMF stays negative, ALL THE TIME.
Ye, my friend, have little confidence in the power of allowing things to calmly take their course. If you treat everyone welcome and as a friend, they will either give up or keep posting, but everyone will decide where they sit in the realm of reliable information in due time. They end up embarrassing themselves soon enough to enlighten others about what to think about them.
In the meantime, If they continue to clutter the board with post after post, but you do not engage negatively with them, but use them to provide subject matter to show the opposite of their view where the company should shine, you gain several positives. They, in the very least, add numerous posts to your board so you can remain on that most coveted "most actives, or most read or hot topics, or whatever it is that you people want there" list, and you are able to convince people over and over why CHDT is a decent penny to be invested in without pumping on your own tooter- you just ride on theirs. Much more postive than seeing the positive posters pumping this thing over and over, which causes a whole lot of skepticism and fear (we have already discussed that).
And, if by chance, some of them bring actual negative information that raises a heads up for people and they make wiser investment decisions, well we all know, that will only make this a superior board all the way around.
But first, the company has to be one worth being invested in, and I do believe, at this point in time, that is what we have here.
Interesting, I have had similar experiences and the broker always has an excuse, especially on the BB stocks, that I cannot fight in any way.
See, that is the thing. EVERYTHING I post to people, I post it as if they are sitting in the room, eye to eye with me. That would help modify a whole lot of the hateful posts here.
I have to say Moxyone is my friend and I am very disheartened to see what is happening here today. Moxy has helped save my rear on a couple of other stocks before due to his very conservative nature and were it not for some of his assistance, I would just be in a much worse place. Now, I have made new friends here, and I have posted some concerns here, but this is no longer the time or place to battle out our opinions on how to handle this situation. Emotions, frustrations and fears are running wayyyy to high and I will always stand by a friend, not a bsher, but a skeptical investor - we have been burnt BAD before. So he is trying to help us see possible, I say "possible", not probable, downside, no harm in that.
The majority of the posts on both sides of the issue have bits of truth to them and I think we should all just try to understand what each other is trying to accomplish - not all of us have agendas. For most of us the agenda, pure and simple, is to make money while we help others do better, financially not to take advantage of our other comrads. We can enjoy that financial enhancement sooo much more when we know we helped other enhance their lives also. Please keep trying to help and not hurt each other financially or emotionally. Life is soooooo much better that way. The other stuff really is not worth it.
Now some of you, when you get offended do become quite a bit of a pain in the derrier and it takes a bit of patience to swallow all your needs to justify your self to those that put you on guard. Learn to look at when you are getting your ego hurt because they are trying to tarninsh your reputation and just back off a tad and see how you are starting to act like my 7 year old daughter who thinks it is the most important thing to prove she was right, and often she is, but she looses soooo much more in that battle such that the other kids just start shunning her. Sometimes you have to wait a while, and sometimes years, for people to see that you were right. And sometimes you figure out that, YIKES, I was wrong and made such a fool of myself, OOOOPS!!! That's when you learn you can lean on the friends you have established a decent level of respect with, and that is more important than ALL the money in the world.
Please, PLEASE everybody calm down.
Look around a bit. I have posted several places. But now I see the information you are talking about and you know I hate dilution, potential or not. You also know how I hate that word "potential", LOL.
I'm not saying at all that I think Howard is diluting, I just keep watching that CMF line and wonder what could be causing it.
Right now, I am still VERY positive on this company and excited about where it is going, as long as they do not surprise us with some dilution somewhere. So far, Howard has been very smart in financing with NO TOXIC FINANCING and that has been one of the major things that has gotten me to get heavier invested here. I'll just be stepping a bit lighter now that I know that "potential" looms.
I know you are about to use up your 15 posts, but look around and see what Klaazzz has to say and then maybe you will see a line of communication open there.
Thanks for the info.
Moxy, I'm a bit confused. I've been waiting all morning for a response from you. Why did you post something for me here last night and not get back to me this morning when I replied?
Have you not received my message, SOMEwhere?
.108 x .1085
No, excuse me, I'll just shrink back now. I was thinking you sold the thing and THEN took costs out of it, so that there was NO WAY it could be 100% margin because you had to deduct costs from it. Sell for $5, take the $2.00 it cost for equipment, supplies, labor, and transportation, and you get $3 profit. To me, that was a 60% margin, but now I see that is, I guess, 150% margin, Right?
Excuse, Excuse, as I meekly step back out of the spotlight.
I would like you to confirm that my second calculation is in fact the way I need to be thinking of it.
Wait a minute here. Now, that makes no sense at all to me. How can you make 100% on a product?
Then even more, how can you make more than100%?
I'm sorry guys, but my scientific, but not-business-oriented brain, just is not computing this.
Moxy, where are you? I have looked on both NTWK boards and do not see you anywhere. I am going to PM you and post a message on the other NTWK board.
I'm here, if you guys will have me in your group.
Well, thank you.
He could still have many shares that he wants to unload. So, he knows he can influence people enouh that they will buy whatever he "says" he is in. So, with a drop like today, he talks about playing CHDT again, he gets a bunch of his followers exxcited and they start buying and put upward pressure on the shares price at which point he sells at a much better price than he would have gotten had he not posted that post saying he was buying back into CHDT.
It is all a manipulative game, both with pumpers and bashers, you have to leary of both sides.
If only positives are posted, expect to be holding the bag down the road.
If only negatives, expect to be left out of the party.
You have to evaluate it all on your own and find out as much as possible about the TRUE, ACCURATE potential of a company AND DO NOT FORGET to include checking out all the individuals and establishments with whom the company associates, including MMs, IBs, financial backers of all sorts, funds that are involved or get involved, IR/PR firms af various sorts, financial deals, who gets shares and for what reasons, group followings, etc.. Then make your own decisions, and do your best to become aware of who those players are and how they play the game.
It so happens that MAXM is sitting right with you there at .12, so I would lay odds that you are right, that we have a good chance of going to .12 so they can finish filling up. They read the charts too, hell they try to make the charts at times, LOL
I hate to say it, but I did say we would probably visit .131 range, and we did. If there is one thing I have learned, when some MMs are accumulating or selling, and you see them in the line-up, the stock has a high percentage chance of going right to them.
Sure would be nice if us little guys could say, "Hey, I'd like to buy this .20 stock, but I only want to pay .131. How bought you destroy all the invested time and money other investors have in this little gem and bring it down here so that I can buy".
Pure CRIMINAL, and that is just the tip of the iceberg on how they stack the deck against us. I just despise it!
OK, Gerry started out saying that they were JUST GETTING STARTED in the last month with the Small Cap Index Fund which is probably why you are not getting much info on them.
As far as the AUM, he got a bit antsy about providing information and said that he had to defer to legal council on whether or not he was allowed to release such information and then came back very exhuberant with comments that we would be receiving that information VERY SOON in a publicly released PR, and he was not allowed to tell me such until the PR was released. I almost got the impression we would be seeing it today, LOL, but you know how PR people are. To them soon means within the next three months.
He emphasized that they were going to do an extensive IR campaign. This was a response to me asking about China Direct, but then the more he talked, I got the impression he was talking more about IR for The Ludlow Small Cap Index. I kept trying to bring him back to discussions about China Direct, which was a bit difficult at times - he is very excited about the Ludlow China Index and newer fund The Ludlow China SmallCap Index.
He did say The Ludlow China Index is a closed ended Mutual Fund, but did not say anything about whether or not they went both long and short. The Ludlow China SmallCap Index is a subsidiary of the The Ludlow China Index, not much new there.
He said they had a lot invested in CHDT, not just financial, but a lot having to do with IR and many months of preparatory work. He said they had just recently started accumulating and that they were impressed that CHDT had an "AMAZING" following and a heavy duty market behind them as well as fundamentals (I interpret that as impressive fundamentals). He said to watch for PRs (again he may have been talking about PRs about the index fund and not CHDT - it was hard getting him off the index fund, LOL).
So, I pointedly asked if there was an increased level of excitement regarding potential developments in CHDT due to come out this week. At first, again, he responded with regard to the index fund developing and sending out PRs regarding that, but I brought him back to CHDT and he said Yes, it was appropriate to say they are quite excited about expected developments with CHDT, but did not clarify "This Week", LOL.
I hope this helps.
OK, Moxy, I have a call into them. Gerry answered, was on another line, and said he would call me back in a few minutes. What else do you want me to ask them other than AUM?
OK guys, there is another duplicate post - # 9779. I guess it is more common than I thought. Be sure to read them both.
I think we could see .131 to .134 before letting us go all the way back up. Just a feeling I get from watching level II and knowing past behaviours of some of the MMs. Depends on if any other MMs decide to block them out or not. Usually they seem to cater to each other though.
I believe that Moxy is watching their MM put in a lot of buy orders. (I may be wrong, Moxy would have to verify this).
Their MM is Maxim.
Moxy and I know a bit about how they sometimes treat a stock, and all I have to say is they make sure they get nice profits up front, just like this drop to get their fill today, all IMO. I know nothing that I can substantiate. I/we have just spent YEARS watching them work a stock or two.
If your opinion differs from what I represented here, Moxy, feel free to contradict/correct me. I do not want to be putting words in your mouth, LOL.
Ken, can you provide some perspective on the drop in CHDT this am? Here is a link to a post I posted on the CHDT board.
http://www.investorshub.com/boards/read_msg.asp?message_id=12110511
Am I correct in this line of thinking?
Interesting, That is good. I think we will get pretty strong support from here then.