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We should see the short numbers after the close today!! I have a feeling that the shorts will have covered and the numbers will be minimal.
Good one!!! Let's hope that all happens soon...
Thanks jrdig, I'm in Hawaii and just purchased a nice ranch in northern Illinois. I am sending my wife and kid back soon so that they can get things(house) ready for my homecoming!! I'll be going back as a UPS driver because I took a leave of absence and an 80% pay cut to serve my country. I look forward to a good paycheck once again!!
IMHO, by looking at the chart there is no dilution going on. The PPS has tightened up and the volatility indicators do not indicate dilution. If he added to the 400 million already out, then this would be way lower and in free fall mode with more volume and a tighter spread. Dilution is not a factor period!!! Larry says the China deal is a done deal. Is he lying about that, well I doubt it? It would take a lot of nerve to go on a radio show and talk about a deal that was never going to happen. The way that EQBM has released the PR's does not indicate a bunch of scam BS that some of these companies do in order to dump shares on their shareholders. Could you imagine what would happen to Larry and the EQBM share price if a month from now there were 500m shares instead of the 400 or even the 300 million shares out that he talked about. He would have to declare bankruptcy for all the lawsuits that he would get. Plus get a body guard because I get out of the Marine Corps in a few months and Larry would not be loving life. LOL... Really, there are some bad people out there but I think Larry is telling the truth, however, he has no idea on how to get rid of the short sellers. Time will tell but the people who are going on and on about all the negative things need to stop. It is disrespectful to those who are losing money here. We have heard it all and know that it is a possibility but it's not helping anything. A month from now and hopefully less we will know the whole truth, and if Larry has been lying. If he is, then I will be right with all the bashers. There just isn't enough proof pointing in that direction yet. Give it time.
Ed, do you think that Larry is 1) diluting 2) Lying about the china deal being "a done deal" 3) Taking our investment money and lining his pockets with it??? I would like your honest answer.
I bought 500 shares one day just to put some lipstick in this thing. If it make the chart look better and attracts some T/A guys, then it is worth it IMO. You can tell we're desperate!!
At this point every buy helps, especially if it's at the ask!!
Please someone put in a million share buy order at the ask!!
EXACTLY RIGHT jrdig7!!! Is it next month yet???
You can't gag the T/A hoping to stop short selling!! If anything the shorters will find that out and short even more. Please don't tell me I know more about this shit than Larry does!!! He must be doing more than what he said about the shorting... please!!! Sorry for venting!!!
I would like to see Larry and his European buddies buying shares at this level to bring up the PPS. This is the lightest volume we have seen in a long time. If we had some investor’s putting in 10,000 dollars towards a long position, then we would be in the green!!!
Welcome goldintrash, I see this is your first post. Your scenario could be right but once EQBM can prove itself to be the real deal, then I see a much higher PPS.
I look forward to seeing the short info on the evening of the 25th. This is the link:
NASDAQ Monthly Short Interest
http://www.nasdaqtrader.com/asp/short_interest_resp.asp?symbol=eqbm&SettlementDate=06%2F15%2F200...
Publication Schedule for 2006
Monthly short interest information will be available on the NASDAQ Trader Web site after 4 p.m. on the dissemination date.
Trade Date Settlement Date Dissemination Date Publication Date
07/11/06 07/14/06 07/25/06 07/26/06
Strong support at the .005 range. It may hold here for a few weeks then I believe it will go up very fast or head down fast. Either way I think it will be a drastic move in PPS. I think dilution is done for now and that this has been shorted and covered as it moves down. Once the China deal is a for sure thing the shorts will be out of the equation IMO. There are other pinkies out there to short that will never see revenue like EQBM will be bringing in at the end of this year.
DENVER, CO -- The current situation in junior mining stocks reminds me of times when I enjoyed surfing as a young man. While there were moments of shear exhilaration as the waves would suddenly come alive, there were also moments of monotonous boredom waiting for the next big set of waves to arrive. In the process, the number of surfers in the water would dramatically change with the circumstances.
It was always fun however to be in the water or near the beach when the waves suddenly kicked back into gear. Many times those who waited patiently got the greatest reward and enjoyed the best surfing with the least amount of people. As the crowd of surfers who were not near the water would get word that surf was up and head for the beach, the best action had already passed.
For now, we are just bobbing up and down with the gently rolling swells and positioning ourselves for the next big wave. The wave action is very volatile and can change very quickly just as our commodity and junior resource stocks have recently shown.
But one thing is clear in my mind, the next big set of waves are on their way!
That's the funniest chart that I have ever seen!!! LOL. I would like to think that is me strapped in waiting for the ride of my life!!!
Just having fun DOLPHY!!!
DOLPHY's mama so fat people jog around her for exercise
DOLPHY's mama so fat when she wears a yellow raincoat, people said "Taxi!"
DOLPHY's mama so fat she had to go to Sea World to get baptized
DOLPHY's mama so stupid that she tried to put M&M's in alphabetical order!
DOLPHY's mama so stupid that she sold the car for gas money.
DOLPHY, how are things going at CHDT and XKEM?? You’re a trading genius aren't you!! Worry about the bags that you still own and not EQBM. Please don't tell me you still own this stock!!!
I like your thinking!!
Do I see green or am I just color blind from all the red we have seen!!!
LOL, I want one!!!
Bid and ask????
It has become quiet here in the last 24 hours. I hope it is the calm before the storm!! Have you made an attempt to call Larry??
I don't know if the LII will change and go down before the bell, but if not, then we are going to see a very strong open!!!
You and jrdig have been speaking with Larry and have established a relationship with him. May I suggest one of you telling him that this plan is simple and would take just a small amount of his money. He needs all the advice that he can get IMHO. I hope he has thought of some sort of similar plan to get this done. This is my 15th post of the day.
...or better yet, when it gets to .001 Larry should throw done 40,000 dollars and then he and the company will have the shares that we don't. Case closed!!!!
I have an idea!!! Let the ones who are long watch this go to $.001. At that point it would take $40,000 dollars to buy the whole float. First we need to find out for certain that the float is 40 million of course. Then only 8 of us longs need to spend $5,000 each to buy the float. We demand certs from our brokers and then all the shares will be accounted for, right?? Done deal, and then we watch the best short squeeze ever. I'm down 5,000 dollars right now so if everything Larry says is true, then I would be willing to double down when the price gets that low!!!
The most important thing to me is that more shares were not added to the o/s float!! If they have added, then you won't see any more monk-e-mails!! LOL
Is anyone still here, or did everyone sell?? So that's what explains the 24 million shares traded in the last 2 days!!!!
Larry needs to say something convincing tomorrow when he talks to you. Gagging the T/A plus all this volume does not look good to anyone!! Why do you think he would tell the T/A not to disclose any info? That only creates more negative speculation and more selling!! Comments...
Thanks jrdig7, it stinks in here 'cause you are the $hit!!!! I was hoping that is what you would come up with. Thanks for doing all the DD for use lazy types. I hope he comes up with something good in order to screw these shorts. These anti-American scumbags should go to a good American prison!! If any of you naked shorters live in Hawaii please let me know because I would like to Stand Up and have a talk with you!!!
"God willing" we will find out the numbers from the T/A today and that they are the same!!!
9 million shares traded in 2 1/2 hours on a float of 40 million!!
1) Massive shorting
2) More dilution
3) Float is not 40 million
I would like to think that 1) is the answer!!!
Good job!! I hope they take this crap serious!!!
I'm down for whatever it takes!!! 830,000 shares