Forming an opinion
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One thangs for sure, lot's of bid support in the A.M.
Amusingly slick....
Children's Story, slick rick
Is he British?, he speaks better English than me....
Weird, I didn't say that.
Yes, the end of day action was profit taking. IMO. Look at the charts. Plus we are expecting a report due by the 5th. Why take a chance if you are looking at a multibagger, maybe some took profits. Shouldn't be that hard to comprehend.
I watch LVL 2 all the time, just because someone doesn't get filled at their particular price doesn't mean anything illegal took place. Stop losses are simply market orders that fill at the most available bidder...doesn't always have to be the best price. Next time use a mental stop loss.
If it doesn't go up everyday, it's someone shorting, they don't seem to understand the concept of profit taking if you're up 2000%...no shorting here, there are those who don't want to take the chance with the report not coming out by the deadline.
FWIW
Monday is do or die day. If all else fails at least the company has provided a parachute(investor conference call) if we don't get the report by the deadline.
No one knows if his assumptions are correct, no matter how much someone posts on iHub about a particular stock.
This has bounced off the previous low from a week ago quite well, if people didn't take profits on the last trading day b4 the report was due, I would be concerned about insider trading....this stock just trades so cleanly, no big T-trades after hours or weird volume during hours, just retail trades IMO.
I didn't see anything illegal about today's trading action. In fact, there wasn't any indication of diliution or "shorting". I saw people taking profits because they knew the Dec. 5th deadline for the report was coming this weekend. No need for the drama. IMO
That concerns me also. Maybe the shareholder conference will address it.
Yes, waiting .10 refill.
"Forget Oreo's eat Cool J cookies"
Amazing the creativity in the young musicians, seems like they hit a peak like stocks and begin their downward slope. This was around his peak.
LL Cool J, "I'm bad"
Some '85 good stuff. Miss those good old Inspector Gadget shows...hehe.
"The Show", wif Slick Rick and Dougie Fresh
Buy 911 shares, and watch the fireworks,hehe.
Interesting, both the Japanese companies that are linked in the PR's both have windmills in the backgrounds.
Come on Smit, slap that ask!!! Lol
Looking good, seems like not many know about this one yet.
Could indicate an upcoming promo. Regardless, fairly low risk to reward ratio. IMO.
Good luck Smit, good to see you here.
From the last filing, There were 18,675,800 shares of Common Stock outstanding as of September 30, 2010.
Does anyone have better info about the SS, besides what is posted on PS?
Shares Outstanding 18,675,800 a/o Jun 30, 2010
Float N/A
Authorized Shares 80,000,000 a/o Dec 31, 2009
Par Value 0.0001
In accordance with the terms of the LOI, at the closing of the merger, all current officers and directors of the company will resign, and Noboru Ayabe will be appointed CEO, President and Director and Issei Sakata will be appointed Treasurer, Secretary and Director.
Based in Tokyo, Japan, GID is engaged in the development and distribution of fiber optic interconnect products and medical diagnostic technology. For more information visit: http://www.gid-s.jp.
The .10 par value is from a previous company that I posted about earlier. That would be the Tech-Ohm company which filed in 1952 and just made it to the Pinksheets site Nov.18th, 2010....
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39528
Better late than never, or just a glitch??? Lol
Either way it's meaningless.
I've also heard(though in my opinion it's not true) that companies cannot dilute shares below the companies stated par value....
Here's a link that dispels a little of the par value mystery. I'm sure a little more research wouldn't hurt either, but we are dealing with a Pink Sheet stock, it's good not to dwell on details...good or bad.
http://www.investorglossary.com/par-value.htm
As far as I know iHub is based in USA and abides by the laws of said country. IMO LOL
For the record, I would really appreciate it if the SEC would abolish "par levels". They are used by con men and liars to deceive shareholders and messageboarders also.
PAR VALUE is the face or stated value of a security. For common stock, par value is merely a vestige of earlier corporate law and is now usually meaningless. Many states no longer require that a new equity issue have a stated par value; thus companies issue new shares without a par value, or "no par value" stock. Where state law still requires a par value, issuing corporations often choose a par value of $.01. Most important, the par value of common stock usually bears no relationship to either the cash the company received when issuing it or its current market value. In contrast, preferred stock is usually issued and sold near its par value, and its dividend rate is often stated as a percentage of that par value. Similarly, the par value of a bond is its face value, i.e., the amount of principal due to shareholders at maturity. But note that, because of interest rate fluctuations, the price of a bond after issuance is rarely its par value.
http://www.investorglossary.com/par-value.htm
It actually kinda funny you mention all that...here's my default sig that I pulled down yesterday because I don't get those kind of honest responses when it showing...
Everything I write on iHub is my opinion. If you don't like it, I don't care. I say what I think is true. No cheerleading or bashing, just the truth.
Par value is irrelevant. You can take my word or research it yourself. Par value=archaic.
The Company’s name is Greene Concepts, Incorporated. The issuer’s predecessor name was Luke Entertainment, Inc. The Company changed its name from Luke Entertainment, Inc. to its current name on November 4, 2010.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39530
Management’s Discussion and Analysis or Plan of Operation
Plan of Operation
It is anticipated that the following will take place:
A substantial number of sales and distribution networks will be in place and key strategic partners will be on board both here and abroad
The R&D department will be staffed with a number of the top chemists in the industry, constantly working on what’s next in the industry
A host of new products will have been developed for consumer, commercial and industrial applications
Our brand will be sold to consumers through several marketing channels including: Short form Infomercials, 30 & 60 sec TV commercials, National Print – “call to action”, Radio Spots, Big Box Retailers, College Intranet - Video Streams, 24-hour shopping channels, Internet Web Stores, On-line Affiliate Network Marketing, E-Coupons & Newsletters, Paid inclusion and custom email
We will have expanded into the EU, Pacific Rim, Asia and South and Central America
We are also seeking out strategic partnerships that will support and enhance our product offering and brand. We will be seeking funding revenue sources
Also, I think shorting down in the trips(.000's) is unrealistic because of the high risk to reward factor.
Flipping is very acceptable and easy to understand at these levels because of the low risk to reward ratio.
The dumping just adds volume. It is an X factor that is really hard to quantify. You have people who are capitulating from the .03'-.01's and just figure all is lost-why not. Then there are those who bought at a level they felt comfortable with and decided later to sell at a loss. I'm sure some of those 100+ shareholders in the last financial are included.
Here's the link for the Free INK:
http://www.freeink4life.com/
Hilarious that Pinksheets says these were all filed Nov.18th 2010.
Weird part is that this company was actually:
•Formerly=Tech Ohm Electronics Inc to 1-76
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39528
•Formerly=International Citrus Corp. until 3-04
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39529
You read the wrong financial. I saw this on Pinksheets under LKEN financial filings. If it were true I would be surprised if LKEN even opened with a bid. It was signed in 1952 and filed in 1960. Apparently we are the Tech-Ohm resistor company....LMAO. Maybe that's why all the Chinese shareholders sold this week.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39528
This is the one that matters, which may or not be true....but is obviously more correct. At least the dates match:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=39530