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According to TD Ameritade
we finished with over 500k shares traded with an ending sale of 100 at .27.
According to Ihub....we only traded 337k shares. Anyone know why the difference?
http://ih.advfn.com/p.php?pid=trades&cb=1204564071&symbol=NO^EXBX&java_vm=sun&java_vm_ver=1.6.0_03&fp=9.0.115
According to this chart it means
I need shares.
http://www.thepennystockblog.com/signals.html
Thanks for that last 100 buy..
Whoever here did it. We closed in the green.....up 8%.
Also...good job Thorny.
Not one trade yet today.
Over 3 hours and no trades. This stock drives me crazy. Hey Juice...want to elaborate on your new comment?
You fit all the definitions Braden
con·found (kn-found, kn-)
tr.v. con·found·ed, con·found·ing, con·founds
1. To cause to become confused or perplexed. See Synonyms at puzzle.
2. To fail to distinguish; mix up: confound fiction and fact.
3. To make (something bad) worse: Do
I figured it out Braden
You just have your words confused. You mean you're "confounding"..not compounding.
I know what conpounding
is when it relates to interest on money in a bank.
There is nothing compared in stocks...unless you mean re-investing dividends from some stocks.
There is no difference between a share of stock held by your broker or the same shares in certificate form that you hold in your grubby little hand. They go up the same and they go down the same. They are worth the SAME!!!!
Braden...did someone really tell you USXP will be $30.00 in a year???
Your certs are still worth the same as the stock. 1 share of stock is 30.00. The same 1 share in a cert is still 30.00. There is no difference.
The rest of the disclaimer:
Digital Wall Street, Inc. may sell its shares for less than the target price given in this opinion. Digital Wall Street, Inc.'s affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Digital Wall Street, Inc. will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
Yes...it's common.
Almost all ads of this type are paid for by the company. Unless my math is wrong..that amounts to $625,000 worth of stock. If you read the full disclaimer it says they may sell the shares at any time. Might account for the higher than usual volume this week.
EXBX paid for the ad.
Did anyone notice this at the bottom of the news?
We have received two million five hundred thousand restricted shares of EXBX from Exobox Technologies Corp. for media and advertising services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp.
Wait....you can buy but not sell...on limit.
I'm cornfused. I think Shawn got into my computer.
You can do one or the other...in some brokerages...but you can't do either on some brokerages...or you can do both,,,but not just one...on the other brokerages.
So...some you can buy...some you can sell...and some...you can go to Disneyland.
Briguy...you can sell...but not buy
Taken directly from the TDA rules.
Can I trade OTC bulletin boards, pink sheets or penny stocks?
Yes. Over-the-counter bulletin board (OTCBB), pink sheets and penny stocks (hereafter OTCBB) can be bought and sold via the Internet, IVR phone system or with a broker. OTCBB securities usually represent shares of new or small companies which are traded by dealers via manual procedures. Investing in OTCBB securities can be very risky, and investors may lose all or part of their investment in a relatively short period of time. Accordingly, the trading rules for OTCBB securities differ significantly from listed or NASDAQ securities. For example, only limit orders to buy and limit or market orders to sell will be accepted for the regular market sessions. Quotes for OTCBB securities may not be accurate as the securities may trade on a manual basis, and frequently "real-time" quote information, or even firm quotes, may not be available. Investors should also be aware that frequent symbol changes, additions and delistings occur in the OTCBB market. Before placing an order for an OTCBB security, please review the OTCBB Securities Trading Rules. You should also take the time to carefully research the company and examine your investment objectives.
Another view on penny stocks and margin,
Again....taken from the rules.
Examples of additional restrictive rules are:
Marginable stocks must have an average trading price of $5 or more for the past 30 days
Marginable stocks must have a minimum daily volume higher than 1% of the outstanding stock
Stocks traded on the OTC Bulletin Board system are not marginable
Buy penny stocks on margin
This is from the TDA rules....
What Can I Buy
Not all stocks qualify to be bought on margin. The Federal Reserve Board regulates which stocks are marginable. As a rule of thumb, brokers will not allow customers to purchase penny stocks, OTCBB securities or IPOs on margin because of the day-to-day risks involved with these types of stocks. Individual brokerages can also decide not to margin certain stocks, so check with them to see what restrictions exist on your margin account.
According to TDA...
Penny stocks can't be bought on margin. I think most brokerages opperate that way.
We all... know
Your short term memory is gone. And the reason why.
I could never buy any....and TDA put a longer hold on funds deposited....for any penny stock. I could buy GE... GM...(any NASDAQ or DOW stock....the same day funds were deposited....but they always made me wait 5 days....to use the funds to buy penny's....the same as Braden found out.
And all stocks that were PK or OTCBB...had to be bought on Limit.
All penny stocks.
Everytime I've tried to buy any penny stock through TDA...and tried to put in a market order...they always decline it and say it has to be a limit. Even that great stock we bought...no names mentioned.
Almost all the big traders...
require a limit order for penny stocks. I know Ameritrade, Scottrade and e-trade...will not accept a market order for penny stocks. It has to be a limit order.
Hey Braden...would you loan me..
your crystal ball. You said you "knew" it would drop.
Where was your crystal ball when USXP dropped?
I agree Briguy...
Good volume and now all of a sudden stuck at .23. WTF???
Ameritrade is showing no trades today so far.
But yahoo is. Anyone know what the problem is?
Braden..raise your bid.
Raise your bid to about .40 so we can kick start Monday.
Eagle....I see the NA...
I see the NA...on the 3rd as you say.
But there is no explanation as how to get around this reqirement.
I would love to see the move...but what does the "na" mean??
It's a cross breed
It's a cross between an apoloosa horse and an ology. A small but firm animal raised only in the back country of Borneo. Hence the name "apology".
I know...I know Robert
I figured you would call me on that. It should be "your" and "apology". I was trying to talk in Tagalog....so you would understand better. I forget.....how do you say "but missa Ross....me too young to do dat". "I no care how much you pay". "Me no accept USXP stock certificate"
Maybe this link is better for AMEX.
http://www.venturelawcorp.com/listing_requirements_amex.html
Again for Mr. Ross and all...AMEX
http://www.venturelawcorp.com/index.htm
For Mr. Ross and all.
http://www.venturelawcorp.com/listing_requirements_OTCBB.htm
How do we get to the AMEX?
We seem to have all the requirements met....except the $3.00 per share price. How do we achieve this?
RR, Josh, Brian....yell at me. Does RS ring a bell?????
Requirements for the OTCBB
Maybe the OTCBB...when the dark cloud of the SEC is removed.
Listing Requirements of the
Over the Counter Bulletin Board - OTCBB
--------------------------------------------------------------------------------
The stated and un-stated listing requirements for the OTCBB are as follows:
fully reporting with the Securities and Exchange Commission,
not a black check or inactive company,
minimum of 40 stockholders of record holding at least 100 shares each (note: this number is informal and has been moving up),
directors, officers, and stockholders will be scrutinized for previous involvements in other OTCBB companies, in particular blank check companies,
must have a market maker submit 15c211 application to NASD and agree to act as market maker for securities of company.
Go to the listing requirements of other exchanges:
Master Chart Summary, Amex , TSX, NASDAQNM, NASDAQSM, TSX Venture, CNQ, OTCBB, US Pink Sheets
Requirements for the AMEX
A lot of people here have brought up the question of the requirements to move to the AMEX. Granted...the OTCBB should be the first move....but maybe this will shed some light on how to get to the AMEX.
Listing Requirements of the American Stock Exchange - AMEX
--------------------------------------------------------------------------------
The American Stock Exchange is an attractive exchange for solid micro and small-cap companies. AMEX has three different listing and public shareholder standards with a number of differing combinations within. As a result, their listing requirements offers flexibility to companies operating in different market sectors.
AMEX Stock Exchange Listing Requirements
Requirements
Standard 1
Standard 2
Standard 3
Shareholders' equity
$4 million
$4 million
$4 million
Pre-tax income
$750,000 in last fiscal year or in two of its last three fiscal years
2 years
$50 million
Distribution
800 public shareholders and 500,000 shares publicly held
OR
400 public shareholders and 1 million shares publicly held
OR
400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months
800 public shareholders and 500,000 shares publicly held
OR
400 public shareholders and 1 million shares publicly held
OR
400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months
800 public shareholders and 500,000 shares publicly held
OR
400 public shareholders and 1 million shares publicly held
OR
400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months
Price
$3
$3
N/A
Market value public float
$3 million
$15 million
$15 million
The AMEX listing board also conducts a subjective review of all listing candidates looking at the:
nature of a company's business;
market for its products;
reputation of its management;
historical record and pattern of growth;
financial integrity;
demonstrated earnings power; and
future outlook
Company's board of directors must agree to abide by the corporate governance requirements of AMEX.
Go to the listing requirements of other exchanges:
Master Chart Summary, Amex , TSX, NASDAQNM, NASDAQSM, TSX Venture, CNQ, OTCBB, US Pink Sheets
Alixe B. Cormick
Venture Law Corporation
618 - 688 West Hastings St.
Vancouver, B.C.
V6B 1P1
Phone: 604-659-9188
Fax: 604-659-9178
E-mail Us
--------------------------------------------------------------------------------
Home Page We Can Help
2 hours and no trades????
What gives???? Not one trade yet today?
A word of advice!
Keep your daughters locked up at night!!!!!
This board doesn't know Robert
very well. Do they???? I have known the guy for many years.....and I could tell you some stories!!!!!!
Briguy and ucantfool....will back me up!
Yeah....but the reason she was leaving you was because of your USXP shares. How smart was that?
You're wrong on that. His wife can't stand him. She told me so.
Treat your sweetie good tonight!
Everyone be good to your significant other today. I'm gonna mix up a big batch of corn, oats and barley. Mix a little molasses in. And I have this special bale of alfalfa I've been saving.
Happy Valentine's Day...RR, Josh and Brian.
Hello boys and girls!
Hello Robert....Josh....Shawn...Christerina....Brian....Anvil...Eagle.
Thought I would join you guys over here.
GO EXBX