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The sell order may have gone through the same MM as the other buyer. If the MM can keep the trade in-house, they make a double commission.
GLTA
Can we assume, from the way you keep telling us to call them, that you have? And can we also assume that what they told you was worth the call?
GLTA
I don't know if you intended your reply to me to be private or not, but you have a good weekend as well.
GLTA
Reduced AS is official at the Wyoming SOS:
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=091081147084032073044178141172081206216136218104
GLTA
WOW!! No kidding, Volume Alert!!
Less than 2 million shares short of our TOTAL, YTD volume!!
GLTA
Yes, I know. It hit me after it was too late to edit that post. I'll blame it on the weather... Currently 95+ degrees, but calling for an all-time record high of 107. With the heat index to top 120 degrees. That is a bit too much for this region!
GLTA
Impatient or not, if they picked those up originally @ .0001, then they walked away with a $3,000 profit. Nothing wrong with that.
GLTA
How long was your order out there? Mine has been there over 2 weeks, and nothing yet. And just so you know, I still have a .0003 order out there as well. But I cancelled my .0002 order yesterday, and picked up some of the .0005s late yesterday instead.
GLTA
But will the cord be long enough to reach the US? Since they are designing it for sales in the US, it probably won't work on that Canadian eletrical grid.
GLTA
I guess I must be an insider.... HAHAHAHAH
GLTA
Can you please post a link to show that any of the crew is in jail or that J-man has been convicted of those other charges? As of last week he was selling cars.
We currently have 370 boardmarks, of which, I know of 7 that are from screen names that are no longer used. The user still exists and still has the board marked, but they don't use Ihub anymore. How many more are there?
According to recent filings, we have 1,219 shareholders. That means 70% of MIKP's shareholders probably do not read these posts, and may not even know that Ihub exists.
To claim that posts here have any lasting effect on the share price, one way or the other, may be quite a stretch. (Barring of course, any posts showing new PRs or filing updates.)
If our posts were to have any effect, it should be to show newbies that short term drops in the share price can and will happen. But I am in it for the longterm. (N4longterm - get it?)
GLTA
KOP is one of the gentlemen involved with STT-Radio, who hosted the conference calls with Mark last month (see the 'stickies'). He is also now listed, on OTCMarkets.com site, as an advisor to MIKP. His advice to Mark thus far is what has created the changes here.
GLTA
Prior experience here, would suggest that Mark will file for a small extension. However I am hoping that he will get them out ASAP, to keep in line with the recent changes from his and Kop's turn around attempts. One of the things I'll be looking for, when they are filed, will be some insight into how he was able to work his magic on the debt & share structure. He probably won't be able to give specific details, but we should be able to get some information.
GLTA
I agree with you, as long as we don't see anything new in the filings today. In fact, I would not be suprised to see 3/4 bid/ask next week, if things stay like this. I currently have orders out there for 2s, 3s, & 4s, just in case. It is called support. Don't need any more shares, but if someone can't wait, I'll take them.
GLTA
I think everybody is still here, just snoozing with the lack of news.
GLTA
NP...
I have been told that I've made a mistake or two myself.
GLTA
Of the 42 penny stocks that used the same TA, only one other ever got a DTC chill
Very true, both options will turn $1,000 into $2,000. But I suppose one could argue that, in the world of the Pinks, holding for 4 ticks takes more guts than holding just 2 ticks.
GLTA
Agree with you there, skyrocketinsight. Probably the ideal time would be just prior to EOQ, so the Quarterly filings can be as current as possible.
GLTA
A couple of thoughts on AS/OS:
I agree it's not too complicated to reduce the AS, but I think Wyoming SOS charges for the filing. Plus they take a week or so to process it.
Personally, I prefer to see a little gap between the AS/OS. We know the situation here. But a newcomer, seeing a maxed AS may assume that a RS is coming and run away, before checking out the full story.
GLTA
What?!?!?!
I fully understand and support the fact that everyone has their own trading style, but REALLY?
DHT 52 week range: 3.96 - .60
Would need a 560% increase to get from low to high.
SAPX 52 week range: 5.75 - .031
Would need a 18,448% increase to get from low to high.
No skin in the game here either way, but please....
GLTA
That article refers to his new troubles, this time with the State Of Indiana, as well as the Federal. Notice some of the other names in the original article linked below. Could be just as much fun for us to watch.
If you are going to send information to anyone, maybe you should direct it to the prosecutor in this case. Probably won't be admissible in court, but may help with the penalty phase.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74959443
http://www.journalgazette.net/article/20120427/LOCAL03/120429519
GLTA
EDIT: Who knows, it may wake someone up to some new charges.
Unfortunatly, that mention of the SEC case on that link, was the old case of unregistered shares. There is nothing new from the SEC.
GLTA
Unfortunatly, that mention of the SEC case on that link, was the old case of unregistered shares. There is nothing new from the SEC.
GLTA
My thought is that we are still in this range because people are still trying to decide whether a leopard can change its spots. Mark has a bit of history to overcome here so I expect us to gradually pick up as Mark continues to prove himself. Of course there are those who may never trust him again, and might try to play games with the stock just to get even.
GLTA
TDA is restricting buys only, sells are OK for now.
GLTA
Hey oakhill3, great to see you again!
I agree with you regarding the name change. 'Mike The Pike' should stay as part of the name. If they insist on using Media Holdings, then it should be with the full name, not abbreviated.
GLTA
Either that or they are playing with us. And if they are playing with us, they could be the one whacking the bid every day.
GLTA
Looks like someone had 'fat finger syndrome', when they entered their bid, they backed it down to 4.8 million. Still nice to know that there is someone here who could do it if they wanted to.
GLTA
The only one around here claiming institutions, is you. And I'm sure you are aware that institutions are not allowed to buy pinkies. And even if they could, they wouldn't buy one that is still in the middle of turning things around. So please try to keep things real here.
GLTA
Well, .0004s are starting to build back up on the bid. But, IMO, it is great to see that we have that kind of support at .0003.
GLTA
Check with your broker first, because I don't know the full rules. But most brokers offer to clean out your non-tradeables at the EOY. I think they take all shares for a penny, then you can take the remaining gazillion dollar loss on your taxes $3,000 per year.
GLTA
I'm a mixed breed. I'll buy at 2 and sell at 4. But instead of just sitting there, I'll throw that money back in at 3 to sell at 6. That way I help with the stair step movement.
glta
Officially, it is still on their chill list. But the CEO has been contacting brokerages directly, and they have begun trading again. TDA and Scottrade are two brokerages that were restricting trades because of the chill, but they are now accepting trades.
GLTA
EDIT:
Mark is also working with the DTC, to get the chill completely lifted. But in the mean time 'Step by Step', things are getting better.
There is nothing wrong with antipop's trading style, just as there is nothing wrong with yours. Everybody has a different philosophy when it comes to making money.
Look at it this way, if someone buys 10 million shares at .0002, they have put out $2,000. A few days later the PPS hits .0004 so they sell 5 million. They now hold 5 million shares at a net cost of commission only. They don't have to lose sleep at night, worrying about what might happen tomorrow. Because even if it drops back to .0002, they are still up $1,000 net.
Next, realize that the shares he sold were bought by someone that plans on making money. So that new buyer paid $2,000 for 5 million shares. When the PPS hits .0008, he may decide to sell half of those shares to end up with 2.5 million shares at a net cost of commission only. Now it can drop back to .0004 with him still up $1,000.
And so on and so on. Every buyer expects the PPS to go up, so as long as there are buyers, and the company isn't diluting, the PPS will improve. Now, you may argue that if nobody sells at .0004, then the price will go to .0005. Which is true, but then are you then going to say don't sell at .0005, so the price will go to .0006. The fact of the matter is, there have to be sells at all levels. Otherwise, the stock will stagnate, due to inactivity.
And don't forget that your trading style is needed also, because your style is what gives a stock its support. If all traders used the above style, then the PPS would become too volatile. But if half of the traders are looking for long term investments, then they will 'buy on dips', which are bound to happen on any stock.
Just remember that everyone here is a trader. No matter which style you use, you bought your shares with the plan to sell at some point. Whether you sell at double, or hold for a 10 bagger, you will sell sometime.
GLTA
Well some &$&^^%#^ whacked the 4s, like I thought. Is anyone going to step up for those 5s??
GLTA
Honestly, I have a little support order sitting @ .0002, don't think we'll drop there but ready just in case.
GLTA
Less than 25 million 5s on the ask, could be taken out fairly quickly. But unless the volume hits close to 100 million, someone will whack us back to 4 at the close.
GLTA
IMO, that kind of volume blast will show us some .0006s. And of course, we won't complain about that, will we.
GLTA