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A few years back this stock was selling over a dollar. And the shares O/S is not bad.
Yes. JP Morgan has covered 3/4 of their shorts in boullion and shares. So we are getting close. The wait has been long. But the reward is worth it.
NO. What it means is this isn't the only cellarboxed stock. Apparently you are not familiar with cellarboxing. And its not a Scam. Because a company is beat down by the Scammers does not make it a Scam. And Also, you have a choice as to which stocks to invest in. You dont have to invest in a stock already beaten down. You can choose a higher price stock. But since the premise is to buy low and sell high then this one is fine by me. You choose.
that sounds like so many other cellarboxed pennies as well.
So you can't prove its a scam. Thought so.
crazyjerry, I am right there with you. Remember the 12 cent soda with a 2 cent deposit. 15 cent a gallon gas. And the Grand ole Opry, The Ozzie And Harriet Show. Hopalong Cassidy. And what time is it, Its Howdy Doody time. And many more. Those were really the good old days.Well we are still here. So lets enjoy it.
I concur.
I agree. The past is the past its history. Most of the time it should stay there. But sometime history repeats. And in this case history is a positive thing. In 1996 FMNJ was trading at $21.00. It kind of goes down from there. Production and a rip roaring bull in gold stocks should help.
did't they say in the past they would not R/S. And they would buy back shares. We will have to see.
Now if these cellarboxed companies are able to survice. The shorts will have to pay. Or go long. We will see. Because they are safe if they can bankrupt the company. They steal the investors money and pay no taxes.
Since I have a little insight into the cellar boxing game. And how so many stocks have been shorted the last 3 or 4 years. I cant put all the blame on the company. Maybe they could have done things different when the shorting hit them. Because its hard to raise funds for projects when your stock has been cellarboxed. The worst thing is you dilute to survive.
I'll hold five years if I have to.
Who knows. Just take a position and wait it out. You are using worthless dollars to purchase. So its really not that costly.
They sure have longevity. They keep coming back. They have been around a long time.
crazy I agree. Been holding this one for 5 years. Time to see the money.
They were also listed in the top 20 companies with silver assets.
What makes it a scam. All the other micros are down as well.
Penny which MM is sitting on .25
I like that .25 ask may portend the future.
When PMDP SHORTS cover it will be fast and furious.
Heard that Shorts are 3/4 % covered. When completed they will be going long. And then lookout.
Hope so.
You would do better with a company with a property and gold on it. This one wont do for you.
According to some. 75% covered. And being given additional time through October 17th for the 25%. We will have to see.
Well guess your posts are being wasted. If thats the case.
Once JP Morgan has completely covered, there won't be the need to have the violent takedown of Gold and Silver bouillion and shares. They can find their natural mean.
Hope FFGO gets moving soon. As well.
JP Morgan, who are woefully short. Have covered 3/4 of their shorts in Gold and Silver boullion and shares. They are supposed to be finished by the 17th. Could that be it.
When I refer to shorts. I mean in the larger sense. JP Morgan is in the process of covering their shorts in Gold and Silver buillion and shares. Which means all the companys that have been shorted down. Would begin to rise and reach their normal mean.or level of the past.
Or is the 17th of October the extension for JP morgan to cover the short gold and silver position?
Indebt is that pertaining to a meeting of the CFTC concerning naked shorting?
At the end of June the company began the merger. So thats not very long ago. By the end of the year it could be finished.
I doubt that.
Can you prove they have no gold
Read Bob Chapmans posts and listen to his blogs.
So many viable companies have been brought down with this illegal naked shorting. Even the physical gold and silver have been shorted. Ask JP Morgan. They are trying to cover their Gold and Silver shorts. After that the pounding could cease. And gold and silver buillion and shares could truly move. Hold your Gold and Silver buillion and Gold and Silver shares.
Shorts are on all the beaten down cellar boxed shares. Even the higher priced ones. And also all categories. According to analyst Bob Chapman. And its a shame. Hopefully something is down about it soon.
Good to see some positive posts.
Well said. And the rules are about to change for the shorts.
Chance to get it all back and more. Starting from the bottom.