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I've only ever bought one stock that I sold the dame day. Still trying to break that "investor" mindset.
With this one I would be afraid of not being able to get back in lower. You just don't know where the price will go. Expect a wild rollercoaster ride.
Currently have over 2mil shares at .07 divi that is $140,000.
Of course, I would be willing to sell them for $1.00 each.
My math is way off this morning. That 600k order(for $60) should have been a 6mil order (for $600).
It didn't get filled, so I changed it to 6mil for .0001
Doesn't look like I'll get it today, but worth a try.
GLTA
I've got a 600,000 order in for .0001
Not filling!
Vianna,
I know others have told you, but I must agree you do a fantastic job. Thank you for keeping members on topic and in line.
I read at least seven boards here daily and this is by far the best.
Trader
You don't have to live in Florida to check on this address. I used google maps the street version and could see that this address is a warehouse type building. Access USA has their name above the. door. Right above the address given for FFGO. I checked out Access USA and they do mail forwarding for lots of companies.
Now if this address were supposed to be a manufacturing plant I would have a problem with it. This is a shell that mainly just owns stock of other corporations. They have told the SEC that the stock they own is worth over 500 Billion. I personally don't care if Mr Santini works in his pajamas at his home so long as he gets the price of this stock to go up!
Many reputable companies use this type of service!
True Carpe,
but I have already not had my order fill completely. Especially with this stock. Couple days ago, it was an order for 200k and I only ended up with 114k.
I'm using Strategy Desk software with Ameritrade and it is not updating when the sales happen.
The windows are not matching up. charts, time sales, and positions all have different prices.
It works if I reset the Symbols. Then gets messed up right away. Guess I'll have to shut down and start over.
My Ameritrade is messed up. Anyone else having trouble.
Time sales windos are working. Everything else frozen?
75k went off at .027 Did you get it?
Welcome.
I'v got three lotto tix (.0001)'s in my account and boy does it look good when they all hit .0002 at the same time.
I also saw that post. Think it was here, but don't remember if it was someone reliable.
I've had a time sales window open all morning and I only see one trade for 150,000 @ .0002 It was at 10:09
I agree. Hope we see the higher number.
Equity being drained??????
BIHC is selling a subsidiary. They will have cash that is paid to them instead of the business they currently own.
They will however lose profits Baron's may have offered in the future. IMO They will make sure the contract price covers the lost potential. At least for the short term.
Dream That info came from Marketwire PR dated July 16
Stockholders are advised that the Company has identified holders of the Company's "free trading" stock; equal to 81% of the Company's outstanding "free float" of its shares of Common Stock. The Investment Groups are commencing with offers to each of these stockholders at this time, with the intention of attempting to acquire these shares "off the market."
Do you think the "investors" will really try to buy back the whole 81%.
Cause IMO that would be fantastic!
Mine start at $1.00 and go up to $10.00!
Don't tell me that is not being realistic!
Please let me have my dream!
You are correct the mm's would not be able to borrow your shares if you had the certs. But this might not be very beneficial to you. If there were a run up that did not last you would have difficulty selling your certs quickly.
IMO the company is doing what it can to reduce the naked shorts. Yesterdays PR about disclosure may be a warning to the mm's that the company is looking to see who owns all these shares and just how many there are.
Any stockholder holding in excess of 5% of the Company's outstanding stock, that being in the amount of 1,664,768,891 shares of the Company's Common Stock, is required to file a Form 15(g) with the SEC within ten days from their purchases. These stockholders will be required thereafter to file all and any of their purchases and sales of the Company's shares of Common Stock, within ten days from any such purchase or sale.
If the company continues to reduce the float as they say they will. The 5% number will also be reduced causing more individuals or groups to file.
I'll pray too!
I hope you get your .024 's, but of course right after I want to see the .03's and beyond.
Be patient! I bought some more last week. Took half an hour to fill after it started.
I have been checking them out and think I will try to get some more this week in the low 4's. If it goes down in August before the next quarterly I'll add to my position again.
Thanks for your reply.
So they would be allowed to trade these, but just haven't. Because I read soemwhere that FFGO has some restricted shares too.
Someone long into this please explain?
I don't understand. Is the float 843 million then?
And they are going to buy back the half FFGO has?
I think my confusion is because I see over 400 million listed as the float, but then also read about the 483 FFGO has like it is not included in the float.
Thank you.
Hi Carp,
Looking for your opinion on how this price will hold up. I am in at .042 and lookin to double my small position.
Noticed that it seemed to go down in the month before quarterly announcements, past several quarters. ie. down in March before April announcement.
Do you think it could go into the threes in August or should I just be happy to get in here.
Thanks for your opinion on this subject.
IMO if they have continued to buy back shares there may only be 2 million or less shares in the real float. I am willing to bet there are at least 50 million shares trading. That would mean 25 times the float is trading. The mm's will want to get that back!
I already have some shares listed on a gtc sell for $1.00
The more I consider the dividend, short interest, etc. I am begining to wonder if I should raise the price. At first I thought this would go to a little above one dollar. Now I am beginning to wonder just how high it could go if people hold tight to the shares they have.
I believe BIHC had some cash from the sale of the Florida holdings to use in the purchase of Baron.
BIHC previously traded as PRSU
NEW YORK, NY--(Marketwire - February 19, 2008) - Prime Restaurants, Inc. (PINKSHEETS: PRSU) today announced that it has sold its Ft. Myers, Florida Restaurant.
The company has determined from a logistical and management standpoint that the company would be better served by concentrating its resources on its upcoming acquisition of Baron International (within the next ten days) and other pending acquisitions in the New York metropolitan area.
"I believe that this divestiture of the Ft. Myers, Florida operation will free up resources and personnel so the company can better concentrate on the closing of the Baron acquisition, we will also concentrate on building the company's restaurant business in the highly lucrative Tri-State market," said Mr. Cris Galo, President & CEO.
I agree with long term prospects.
Also looking at buyback to reduce authorized shares that the company had started before this deal.
And if we kept Baron's there appears it would give us income from contracts. Prestent and future.
I to am looking for PR end of the month.
This stuff takes time and I am willing to wait because I believe Galo would tell us right away if this had fallen apart. And I also believe that if deal didn't go through because of credit or some unforeseen reason this stock would eventually go up and I would make a profit.
IMO Galo and the board would not have made what four PR's about the deal without checking out the "private investor".
The last couple PR's say there is a contract subject to DD. usually when this is done the sellers or their lawyers want some kind of deposit or letter of credit to see proof they could go through with deal.
We are all looking at angles. Just trying to be safe with our investments. (Safe in the pinks?)
Anyhow thanks for your posts they provoke much thought.
My hope is that it is because we are holding shares so tight. Very little flipping, if any.
My only concern is that people let go early when they see the run. IMHO The longer we hold the higher it will go! If not on PR then as we move up to divi day.
Yeah Turbo!
I've been trying to do less posting when the old stuff is brought up. Especially on Yahoo because if you reply that keeps the post on top!
At this point just patiently waiting for the PR and the run up.
GO BIHC!
According to PR:
FT. MYERS, FL--(MARKET WIRE)--Jun 2, 2008 -- BIH Corporation (Other OTC:BIHC.PK - News) today announced that the Board of Directors has approved a major plan to reduce its Authorized Shares from 180M to 80M through a combination of retiring a significant amount of existing outstanding restricted shares along with a buyback of additional outstanding shares on the open market.
IMO By retiring the shares they are talking about reducing the Authorized shares available. This is totally different than just reducing the public float.
Hey what's up?
I got the 5,000 the next two sales went to someone else then the nesxt mine.
Usually when I am at bid each sale goes into my order until it is filled. How come they skipped me?
Put another buy in for .0185
I'm waiting. Somebody give them up!
I did write Mr Galo almost two weeks ago. Told him do his best for us all. Knew he could not answer. Insider trading rules.
My son works for a publicly traded company. I sold all my shares in that company just to prevent anything that even looked illegal.
IMO We will continue to see this holding pattern. It has been two weeks since last PR and I don't think new buyers will come in until there is something new. I am glad We are holding tight and more are not selling cheap to the mm's.
Expect to move up or down .001 each day wihtout news. Not much more.
People are holding tight!
Will be interesting to see how much they hold out for after PR.
Hi Joe,
Welcome back. Bet you just loved that .002
IMO we will not reach and stay at that level for a very long time! Another problem with the decimals. LOL
Glad I don't work for TAKK or Baron International. Probably had a bunch of phone calls in the last two weeks. Even if they knew something about the sale we all know they would not be allowed tell. If I were answering phones I would be affraid to say anything