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Tecch
I agree with you completely, there has been a huge amount of work undertaken to get to this point. Once the power is hooked up they should be ready to rock and roll.
Which of these is relevant?
18 TYPES OF SHORT SALES
Traditional Short Sale- Borrow the stock against a fifty percent margin. This is the only type of short sale that can be "squeezed" when the share price goes up. That's because the short seller must add money to their margin account. This is the most "legal" way to "legitimately"
launder money, but also it's the riskiest for the launderer.
Market-maker Short Sale- U. S. Market-makers are not required to take physical delivery of stock certificates when they sell them. They are assumed to be a repository of the company's shares.
Brokerage House Short Sale- This is a decision by the broker not to execute a "buy order" from a client. The broker merely shows the stock as "owned" by the client on their monthly brokerage firm account statement - a paper transaction without reality - securities fraud. [If you don't think this really happens, they also have some swamp land in Florida for sale to add to your monthly brokerage statement]. This is the first reason to insist on holding your own stock certificates in your own hands and in your own name. Never trust a broker, the DTC, or anyone else to "hold" your certificates. You become the "beneficial owner" when they placed your certificates in the "nominee name" of CEDE & Co.
Clearing House Short Sale- The Clearing House doesn't execute the buy order. Instead, they credit it to the brokerage firm client's Account.
Naked Short Sale- This is where two brokerage firms agree to trade stock in a company with neither brokerage firm requesting physical delivery of the share certificates.
Insider Short Sale- This is when insiders, with restricted stocks, use their restricted shares to sell their company "short". It's supposed to
be illegal according to the SEC. It was a common practice when the Regulation S Hold Period was 40 days, but a rarer occurance lately.
Dodge Viper Short Sale- This is where a bloc of stock is purchased, then, the same stock is converted to derivatives (DR's) thus multiplying the original stock 100% or more. The short sale doesn't occur in the stock market, but the derivative or Depositary Receit owners are holding a short position. We were told this is the most widely used method.
DTC Short Sale- This is when DTC sells short using the stocks they hold in their "street name", CEDE & Co.
International Short Sale- a/k/a stocks created offshore. The company is listed to trade outside the United States (usually in Canada). However, the company is trading in the United States and the shares are sold within the U.S. The short sale is moved into the primary country where the local brokers can ensure that the short position will be covered by the listed company if there is ever a successful short squeeze.
Judicial Short Sale- a/k/a LTV. Scattered Securities is an example of this short play. The Court in the LTV reorganization determined the exchange rate for new shares for old shares at three cents. The controlled financial media made sure that the Market didn't know about the Court decision. The old shares traded far higher than the Court Ordered exchange rate. The short sale was done by selling old shares and buying new shares before the Court mandated exchange of the share certificates.
Agent 007 Short Sale- Sellers who are insiders, or who allege themselves to be insiders, sell completely counterfeit stock to buyers outside regular or known market channels.
Desert Short Sale- Brokers sell stock at prices well above the actual trading price of the stock. This has been popular with German OTC stocks sold into the Middle East. The gap between the sale price and the trading price is an effective short sale.
DR Short Sale- Using counterfeit stock, the seller deposits it into an overseas bank. They then sell Depositary Receipts against the counterfeit shares held by the bank. This is done alot in Asia.
Rockford Short Sale- An investment firm buys shares and takes physical delivery of the stock certificates. They replace the actual share certificates with counterfeit share certificates. Next, they sell the real shares back into the market and repeat the process. This practice does wonders for their balance sheet! This tactic was popularized by an episode of the Rockford TV Series. It's done a lot in the Asian markets (especially Hong Kong) with NYSE shares.
Tax Haven Bank Short Sale- Small banks, especially Caribbean banks, act as agents for their clients unwilling or unable to reveal their real identity. However, the bank client wants to buy some legitimate stock. The bank never buys the stock on behalf of the client. Instead, they simply show the sale within the bank's accounting system. This practice extends to gold and other precious metals and is the biggest scam used against U.S. investors in offshore banks. Take note that a majority of the Caribbean banks are backed - and owned - by various organized crime syndicates throughout the "new" Europe, especially former Soviet Union provinces that are now independent countries and recognized by the United Nations and EU.
Lost in the Mail Short Sale- The client-purchaser demands their stock or share certificate. The broker sends it via certified or registered mail to the wrong address - deliberately. The actual certificate is eventually returned to the broker. Using the signed return receipt, the broker claims the client has the share certificate. For the investor, perhaps a year or more is spent in proving it never arrived. Meanwhile, the broker has the stock certificate and can use it to cover other short sales. This happens frequently.
Margin Short Sale- The purchaser buys stock on margin. They can't take physical delivery of their share certificates, so the broker sells the margined account a/k/a non-existent stock.
Public Media Takeover Short Sale- Brokers add non-existent stock into a highly publicized company takeover with a legitimate stock transaction. The buyer of the other company pays for the non-existent shares. The short seller gets cash or stock in the buyer's company.
AWOL Short Sale- For many OTC stocks, about 3% of the "beneficial owners" cannot be accounted for each year. Usually, they die or forget they have the stock. Brokers can safely sell short 3% of the "float" each year relying on the fact that these beneficial owners will most likely never claim their stock. Some brokerage firms, relying on retirement age portfolios, sell short 5-10% hoping that the younger relatives never find out. Considering the numerous stock splits over the years, 10 shares in 1965 may well be 1,000 shares in 2000. This gives the broker "safe" odds even if the original certificate shows up and is cashed in at a future date, provided the broker doesn't get too greedy.
Tecch
I thought I had better post this in the wake of the past two weeks events. For a long time now I have pondered the Unico situation and I formulated my theories from the following angle.
A number of posters have indicated that they believe that this stock is vastly oversold and my own research has uncovered some volume spikes which I find difficult to put down to regular trading.
So the theory.
Back in 2004 Unico discovered that they had been listed on the Berlin stock exchange (along with many other Companies) against their wishes. Ray Brown at this time came out with a PR speculating that this may have adversly affected the share price. Up to this point Unico had been very transparent with their PR's and the progress being made at the DT. Suddenly this changed the website content became much more conservative culminating in that very STRANGE video starring Wayne Ash. So what changed? Two things a) Mark Lopez became CEO b) They secured private funding.
Now what if the Management of Unico have been very well aware that their shares have been short sold (naked) for a number of years, this information would have surely been passed on to the debenture holders who would have probably kept hold of a chunk of shares because they know which way they are heading. What if Unico have been playing along with the naked short sellers for the last few years? What if Unico are seeking to cripple those people who tried to cripple their Company?
Because I'm damn sure I would do the same in their position!
Piranhas
Good Info, thank you.
If the O/S is the same then whats driving the pps down?
Dilution because of illegal counterfeit shares?
Boys & girls, nothing but good news from Andrew Beyer...
Everything he and mgmt. have said they would do, they have and are doing.
Look for more news releases next week, more pictures of the progress at Deer Trail, and a video should be forthcoming as to that progress.
Target to complete the facility at Deer Trail is a conservative "by the end of Sept." Most likely sooner than that.
If there is a delay regarding the completion of the electrical sub-station, then Generators can be rented so progress can continue.
Ray Brown has got to feel like an old-time prospector who is
about ready to hit the "mother-lode"...
As far as Mr. Beyer knows, as of last week there has not been any dilution, and he doesn't believe there has been any, but he did say he would check.
Current OS should be the same after the r/s... approximately 50 million shares...
Long live the Drama Queen
Piranhas
I checked my Gut, its still there as rotund as ever.
Whats this Christopher Columbus stuff? It sounds very dramatic.
Facts.
Anybody who sells before 30th September in my opinion would be a lunatic.
Market Makers are trying very hard to scare investors into selling
Why are the MM's trying so hard?
Has anybody ever seen a Company bashed this much?
The answer to these questions is very important, I think that the shares issued to settle debt between Feb 06 and May 06 have NOT all hit the market and a vast number were short sold on the A/S.
I'm having fun but no time to post.
MM's manipulating pps down again???
What will happen if UCOI announce OPEN PIT?
OPEN PIT WITH LOTS OF GOLD, SILVER, COPPER, ZINC, LEAD
Hey Mike
Just thought I'd check in from blighty.
Coiled Spring - Boing - Boing - Boing.
Silver Streams, Golden Bells.
Go Ucoi,Uncn whatever!
Goldy
tecch
I'll take a look at the article next week, thanks for the info.
Non communicado with Mr Lopez, only communication via IR.
I have a feeling something big is bubbling and the coiled spring is about to snap.
AND THEY ARE BRAGGING ABOUT IT!!!!
Knight Capital Group Releases July 2006 Volume Statistics
JERSEY CITY, N.J., Aug. 14 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (Nasdaq: NITE) has released its volume statistics for the month of July. July 2006 volume statistics are now available via the company website at http://www.knight.com/InvestorCenter/volumeStatistics.asp.
About Knight
Knight Capital Group, Inc. (Nasdaq: NITE) is a leading financial services firm that provides comprehensive trade execution solutions and asset management services. Our Asset Management business, Deephaven Capital Management, is a global multi-strategy alternative investment manager focused on delivering attractive risk-adjusted returns with low correlation to the broader markets for institutions and private clients. Our Global Markets business provides a broad range of customized trade execution products and services across multiple asset classes for broker-dealers, institutions and issuer companies. We continually apply knowledge and innovation to the trading and asset management processes to build lasting client partnerships through consistent performance and superior client service. More information about Knight can be obtained at http://www.knight.com.
Certain statements contained herein constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein; however, readers should carefully review reports or documents the Company files from time to time with the Securities and Exchange Commission including, without limitation, the risks and uncertainties detailed under the headings 'Certain Factors Affecting Results of Operations' and 'Risks Affecting our Business' in the Company's Annual Report on Form 10-K.
SOURCE Knight Capital Group, Inc.
Source: PR Newswire (August 14, 2006 - 8:02 AM EDT)
News by QuoteMedia
www.quotemedia.com
Convertable Debentures - My Thoughts.
There has been a lot of negative comments about the private funding that Unico have obtained and I thought that it would be an idea to put a few of thoughts into a post, if anybody would like to add to this please feel free to do so.
I analyzed the convertables from the lenders point of view and the investors point of view.
Lenders
1) To advance $1.2 million unsecured (or secured by converting to shares) shows a great faith by the lender in the management and operation of Unico.
2) The interest rate of 8% is fair and seems low considering the loans were unsecured.
3) Conversion price, when you think about it converting at 50% of the market price makes a lot of sense since the issueing of the shares would bring the price down by itself.
Investors
1) Although short term you may be frustrated by the convertables you should be assured that a finance house has advanced these large sums unsecured.
2) I think that issueing the shares to cover the loans was probably not the original plan.
3) The management of Unico are unencumbered by cash flow restraints and can achieve the goal of MASSIVE revenue flow quicker and more efficiently.
4) WHY WOULD THE SAME COMPANY THAT TOOK UNICO TO THE FLORIDA COURTS 6 MONTHS AGO KEEP LENDING THEM MONEY AFTER A SETTLEMENT HAD BEEN REACHED???
Unico, Inc. Announces Initial Agreement on Joint Venture for Silver Bell Mine
Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that it has reached an initial agreement for a joint venture with the Polymet Company, LLC for mining at the Silver Bell Mine, held by Unico's wholly-owned subsidiary, Silver Bell Mining Company, Inc. A subsequent definitive agreement, which will finalize the details of the joint venture, is expected to be signed by August 31, 2006.
Under terms of the letter of intent, Polymet will be responsible for all mining activity and bear all mining expenses. Polymet will also conduct certain resource definition and exploration work designed to identify other ore bodies and further develop the value of the property. Polymet will also pay lease payments to the Silver Bell Mining Company, as agreed upon by the parties. The agreement covers all 17 mining claims owned by Silver Bell Mining Company and which comprise the property commonly known as the Silver Bell Mine.
Unico subsidiary, Deer Trail Mining Company, LLC, which is completing reconstruction of an on-site mill and processing facility, will be responsible to mill the ore into concentrates. All of the ore mined pursuant to the joint venture arrangement and milled into concentrates shall be sold to Polymet subsidiary, PGM, LLC, which previously entered into an agreement to purchase concentrates from the Deer Trail Mine.
"We are pleased to extend our relationship with the Polymet Company and its subsidiary, PGM, LLC to include a joint venture for the Silver Bell Mine," said Unico chief executive officer Mark A. Lopez. "As we have repeatedly stated when discussing the long-term plan to build value for Unico stockholders, there are a number of initiatives that the company expects to undertake to develop and grow revenues streams, and a mining program at the Silver Bell is one of these."
"A joint venture was judged to be an excellent method to initiate mining activity at the Silver Bell, while Unico concurrently supports the development of processing capabilities at the Deer Trail mill facility and continues to oversee the geological and analytic process from the Phase II exploratory drilling program conducted at the Deer Trail Mine in 2005," said Mr. Lopez.
"All of this activity was made possible through the ongoing support of our shareholders, who approved the restructuring plan, allowing Unico to undertake many of these activities. We look forward to the continued progress at the Deer Trail Mine, as well as the initiation of mining at the Silver Bell, and we will keep shareholders updated on these operations as they develop," added Mr. Lopez.
The Silver Bell Mine was discovered in 1871 and in 1880 there was recorded production of 120 tons of 100 ounce per ton silver from the mine. Production at the Silver Bell has been was sporadic, including long periods of inactivity. In 1978, the mine was re-opened and was expanded with three inclines on the main vein. The mine changed hands again in 1980 and was developed further. Pre-feasibility and confirmation work conducted under different ownership in the mid-1990s led to plans for a three-phase drilling program at the Silver Bell mine.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at www.uncn.com/IR/mailinglist.asp.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. For more information, please visit www.uncn.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Source: Market Wire (August 16, 2006 - 12:24 PM EDT)
News by QuoteMedia
www.quotemedia.com
Unico - UCOI
How can NITE go from an ask price of 0.19 on Friday to an ask price of 0.11 today?
What happened in two business days did they counterfeit another 20 million shares?
I'm holding long and strong and no matter what happens I'm NOT SELLING.
Bob
How can NITE go from an ask price of 0.19 on Friday to an ask price of 0.11 today?
What happen in two business days did they counterfeit another 20 million shares?
I'm holding long and strong and no matter what happens I'm NOT SELLING.
I will be posting this message on the NITE board on Stockhouse, RB and I-Hub I would call on all other longs to do the same.
Goldie
Thanks Bob
Useful Info for D/D
Useful site for Maps Ariel Photo’s and Satellite
Bromide Mine
http://www.placenames.com/us/p1425994/
Deer Trail Mine
http://www.placenames.com/us/p1440402/
Silver Bell Mine
http://www.placenames.com/us/p1432450/
UNICO INC. - 'UCOI - very oversold - undervalued' -
UCOI - need an 'every day Update' on the -
Silver Companies > Market cap's (updated?) -
UNICO INC. - 'UCOI - very oversold - undervalued' -
UCOI (UNCN) - Unico Inc. = $6.8 MILLION? -
http://www.investorshub.com/boards/quotes.asp?ticker=ucoi
http://www.investorshub.com/boards/board.asp?board_id=6582
Including - The Silver Bell Mine -
The Deer Trail Gold & Silver Mines -
The Bromide Gold Mines -
vs. compare to -
FMNJ - Franklin Mining, Inc. = $45 MILLION?
http://www.investorshub.com/boards/board.asp?board_id=2957
http://www.investorshub.com/boards/board.asp?board_id=5406
ECU - ECU Silver = $488 MILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu
http://www.investorshub.com/boards/board.asp?board_id=6098
HL - Hecla Mining Co = $681.71 MILLION
http://www.investorshub.com/boards/quotes.asp?ticker=cde&qm_page=64251&qm_symbol=hl
http://www.investorshub.com/boards/board.asp?board_id=6097
SIL - Apex Silver Mines Ltd. = $905.33 MILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=4079&qm_symbol=sil
http://www.investorshub.com/boards/board.asp?board_id=5810
SLW - Silver Wheatonfiltered= $2.06 BILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=98063&qm_symbol=slw
http://www.investorshub.com/boards/board.asp?board_id=4338
SSRI - Silver Standard Resources Inc. = $1.16 BILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=17190&qm_symbol=ssri
http://www.investorshub.com/boards/board.asp?board_id=6095
CDE - Coeur d'Alene Mines Corp = $1.47 BILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=35188&qm_symbol=cde
http://www.investorshub.com/boards/board.asp?board_id=5237
PAAS - Pan American Silver Corp. = $1.59 BILLION
http://www.investorshub.com/boards/quotes.asp?ticker=v.ecu&qm_page=63958&qm_symbol=paas
http://www.investorshub.com/boards/board.asp?board_id=4490
http://www.investorshub.com/boards/board.asp?board_id=5406
Note. if You have more updated info -
Silver comp. market cap. please, don't
hesitate to let us know -
tia.
SILVER Chart TA LT - Strong Bullrun Long Overdue -
http://www.investorshub.com/boards/board.asp?board_id=5406
SILVER used to be worth -
more than GOLD -
history often repeat itself -
Do not let any volatility shake You out -
the more volatility the higher it will go -
the new trend waves will often be -
Fibonacci - 162% of the previous correction -
when the weak hands exhaust themselves -
we'll see the next waves up -
U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt -
as of Jun 2006:
Unless the United States gets all of its economic
house in order ? -
Gold will become the basic real money again -
(which Gold has been for 1000's of years)
and national currencies will only be money -
if backed by - Gold.
With the exception only of the periods of -
- The Great Gold Standard -
practically all governments of history -
have used their exclusive power to issue fiat money -
to defraud with totalitarian bureaucratic powers -
rob, plunder and to make slaves -
of most the people -
http://www.goldrush21.com/
Thanks for your participations -
Brgds
Bob
View Deer Trail Mine at Google
http://maps.google.com/?sll=38.38861,-112.27083&spn=0.05,0.05
Bob
A very serious question to the board
Unico - UNCN
Section 1.04
Registration Rights. The Company is obligated to register the resale of the Conversion Shares under the Securities Act of 1933, as amended, or provide Holder with an appropriate exemption from registration.
The above paragraph was taken from one of convertable debentures from the last SEC filings.
Now I cannot find any such registration or exemption anywhere (And I've searched through a lot of stuff)
Is it plausible that the 4.4 billion shares that were announced in early June have NEVER been floated?
If this the case then could they have been shortsold on the Authorization alone?
To remind everyone YTD volume 2006 24,375,182,871 (24 billion not including August)
Is this why Pershing LLC are asking $1000 per share, do they know something we do not?
Goldie
Bob
A very serious question to the board
Section 1.04
Registration Rights. The Company is obligated to register the resale of the Conversion Shares under the Securities Act of 1933, as amended, or provide Holder with an appropriate exemption from registration.
The above paragraph was taken from one of convertable debentures from the last SEC filings.
Now I cannot find any such registration or exemption anywhere (And I've searched through a lot of stuff)
Is it plausible that the 4.4 billion shares that were announced in early June have NEVER been floated?
If this the case then could they have been shortsold on the Authorization alone?
To remind everyone YTD volume 2006 24,375,182,871 (24 billion not including August)
Is this why Pershing LLC are asking $1000 per share, do they know something we do not?
Goldie
UNCN www.uncn.com
That was not my point
I could not give a rats ass about AMEP.
But the shares are being abused (IMO)
My case point was one MM for one year NOT the entire trading on all MM's - I'm not giving you that information you can find that out for yourself.
If you are not going to bother to read and understand my post and check what I say, don't bother replying.
Goldie
One problem with your argument.
Unico's issue has been turned over 6 times in 7 months and for two of those months the issue was 100 times less.
This has been severely abused (IMO)
Having Studied a number of Companies listed on the OTC.BB. I have found some similarities between them, they are as follows:-
1) They are all penny or sub-penny stocks (not surprisingly)
2) NITE (Knight Securities) and UBSS (UBS Securities) are in position 1 & 2 for the volume of shares traded for both 2005 & 2006 YTD (9 times out of 10). These volumes are remarkably high, in one case UBSS traded more than three times the issued share capital of one Company over a twelve month period.
3) All of the Companies studied are being or have been bashed incessantly on the Raging Bull bulletin boards.
There were nine stock symbols included in my research
The most severely abused seems to be UNICO (UNCN) OTC.BB
Conclusions
There appear to be two Market Makers (NITE & UBSS) or individuals within these organizations who are either lending out or selling shares that quite simply “do not exist”.
They seem to be picking out penny and sub-penny stocks and gamble on them going out of business (This way they will never have to cover their short position). Then they employ (or they could be doing it themselves) a group of people to bad mouth, slur and generally bash the Company, its management and any genuine investor who happens to post his/her opinion on the bulletin board. Now as NITE & UBSS effectively control the market it would be also very easy for them to lower the share price by trading shares between each other at “Below Market Value”.
So in brief, they are trying to kill Companies where they hold a short or naked short position.
Case Point
AMEP – American Energy Products – Issued Share Capital 456,870,000
Shares Traded by UBSS UBS Securities from 1st Jan 2005 to 31st Dec 2005 =
1,517,414,006
THIS IS FOR INFORMATION ONLY AND SHOULD NOT BE TAKEN AS ADVICE
ALL DATA IS AVAILABLE ON OTC.BB AND MY CONCLUSIONS ARE MY OPINION ONLY.
Having Studied a number of Companies listed on the OTC.BB. I have found some similarities between them, they are as follows:-
1) They are all penny or sub-penny stocks (not surprisingly)
2) NITE (Knight Securities) and UBSS (UBS Securities) are in position 1 & 2 for the volume of shares traded for both 2005 & 2006 YTD (9 times out of 10). These volumes are remarkably high, in one case UBSS traded more than three times the issued share capital of one Company over a twelve month period.
3) All of the Companies studied are being or have been bashed incessantly on the Raging Bull bulletin boards.
There were nine stock symbols included in my research
The most severely abused seems to be UNICO (UNCN) OTC.BB
Conclusions
There appear to be two Market Makers (NITE & UBSS) or individuals within these organizations who are either lending out or selling shares that quite simply “do not exist”.
They seem to be picking out penny and sub-penny stocks and gamble on them going out of business (This way they will never have to cover their short position). Then they employ (or they could be doing it themselves) a group of people to bad mouth, slur and generally bash the Company, its management and any genuine investor who happens to post his/her opinion on the bulletin board. Now as NITE & UBSS effectively control the market it would be also very easy for them to lower the share price by trading shares between each other at “Below Market Value”.
So in brief, they are trying to kill Companies where they hold a short or naked short position.
Case Point
AMEP – American Energy Products – Issued Share Capital 456,870,000
Shares Traded by UBSS UBS Securities from 1st Jan 2005 to 31st Dec 2005 =
1,517,414,006
THIS IS FOR INFORMATION ONLY AND SHOULD NOT BE TAKEN AS ADVICE
ALL DATA IS AVAILABLE ON OTC.BB AND MY CONCLUSIONS ARE MY OPINION ONLY.
Having Studied a number of Companies listed on the OTC.BB. I have found some similarities between them, they are as follows:-
1) They are all penny or sub-penny stocks (not surprisingly)
2) NITE (Knight Securities) and UBSS (UBS Securities) are in position 1 & 2 for the volume of shares traded for both 2005 & 2006 YTD (9 times out of 10). These volumes are remarkably high, in one case UBSS traded more than three times the issued share capital of one Company over a twelve month period.
3) All of the Companies studied are being or have been bashed incessantly on the Raging Bull bulletin boards.
There were nine stock symbols included in my research
The most severely abused seems to be UNICO (UNCN) OTC.BB
Conclusions
There appear to be two Market Makers (NITE & UBSS) or individuals within these organizations who are either lending out or selling shares that quite simply “do not exist”.
They seem to be picking out penny and sub-penny stocks and gamble on them going out of business (This way they will never have to cover their short position). Then they employ (or they could be doing it themselves) a group of people to bad mouth, slur and generally bash the Company, its management and any genuine investor who happens to post his/her opinion on the bulletin board. Now as NITE & UBSS effectively control the market it would be also very easy for them to lower the share price by trading shares between each other at “Below Market Value”.
So in brief, they are trying to kill Companies where they hold a short or naked short position.
Case Point
AMEP – American Energy Products – Issued Share Capital 456,870,000
Shares Traded by UBSS UBS Securities from 1st Jan 2005 to 31st Dec 2005 =
1,517,414,006
THIS IS FOR INFORMATION ONLY AND SHOULD NOT BE TAKEN AS ADVICE
ALL DATA IS AVAILABLE ON OTC.BB AND MY CONCLUSIONS ARE MY OPINION ONLY.
Actually your right, I think Unico will go higher
Unico the next Pearl
shorty shorty squeeze coming (IMO)
Time to Hop to Unico (IMO)
Yep thats my take on it.
Unico CEO to buy back shares?
Matt
Do you mind if I put a link to your wonderful website on 3 Market Ears http://www.3marketears.com
Golden BX
Cancelled my arse
Here are the details
0.0002 5000 OTO 11:34:07
0.0001 1000000 OTO 11:25:45
Did anyone else notice the $1 trade on Friday.
It made me smile
My post From 17th May 2006 (Copied From Another Board)
I WAS NOT SPAMMING ANYONE, I HAVE SPENT AROUND FIVE HOURS STUDYING PEARL ASIAN MINING AND I ASKED MYSELF THE FOLLOWING QUESTIONS?
1) HOW DOES A COMPANY THAT HAS BEEN IN OPERATION FOR THREE YEARS NOT FILE ANY ACCOUNTS?
2) WHY WOULD A COMPANY SPLIT, SPLIT AND SPLIT AGAIN PRIOR TO FLOATING?
3) WHY WOULD A COMPANY PROJECT A SET OF ACCOUNTS ON THEIR WEBSITE WHICH HAS THE FIRST YEAR END DATE AS 31ST MARCH 2007?
4) WHY IS THERE NO DEFICIT IN THEIR PROJECTED ACCOUNTS? (EVERY OTHER MINING COMPANY I HAVE STUDIED INCURS LOSSES IN THEIR FIRST FEW YEARS)
5) WHY DON'T ANY OF THE COMPANY NAMES MENTIONED IN THE NEWS RELEASES APPEAR IN ANY OTHER INTERNET SEARCHES? (OSTREA (OSTREA METALLURY) IS LATIN FOR OYSTER)
MY ANSWERS
1) I DON'T KNOW BUT ITS VERY UNUSUAL
2) I'M UNSURE BUT IT SURE MAKES FOR A NICE HISTORICAL CHART
3) VERY ODD
4) EXTREMELY UNUSUAL BUT MAYBE THEY WERE GIVEN ALL OF THEIR LEASES FREE OF CHARGE
5) WIERD - PERHAPS I'M MIS-SPELLING THE NAMES
THEREFORE ANYONE WITH MORE THAN ONE BRAIN CELL WOULD PROBABLY GATHER THAT I AM NOT A SPAMMER OR A SHORT SELLER. I HAPPEN TO BELIEVE THAT INVESTING IN UNICO INC (A COMPANY ESTABLISHED FOR FORTY YEARS) IS A BETTER INVESTMENT THAN A FAIRY TALE.
Why on earth would anyone naked short sell this stock? There are an unlimited amount of shares available,
What are they tryimg to do make an extra $20
Dr. K. Warren Geiger, Ph.D., P.Eng., P. Geol
Anybody ever heard of this guy before?
Probably a good thing Janice, Caribou are allergic to kryptonite.
Janice
I am not sure what your motives are but I have to say "I love your posts", I read the PAIM board every now and again if I need cheering up.
Somebody recommended Pearl to me around two months ago, after about 30 minutes of D/D I was laughing so hard I nearly pee'd my pants. Needless to say I did not buy any shares.
Thanks Janice
P.S Pearl are using donkey drawn train carts to bring out the kryptonite.....
(IMO)
I cannot get over the activity on this board - its quite amazing!
Unico Financial Statements due out 14th June 2006 (UNCN) - All three mines consolidated assets to be published for the first time - This could be huge (imo) - todays price $0.0019
I found out about Unico from the "3 Market Ears"
HOSPITAL NEWS
FATHER ARIEL HAS UNDERGONE SURGERY TO HAVE HIS FLIPPERS REMOVED AND A GOLDEN NUGGET EXTRACTED FROM HIS A S S. E PEARL ASIAN SUPERVISED THE PROCEDURE IN WHATS BEEN CALLED "OPERATION GOLD MEMBER".LAST NIGHT BROTHER SUPERMANNY WAS AT ARIELS BEDSIDE WITH HIS TWO NURSES FLOUNDER & SEBASTIAN.
IMO
GOLD PRICES IN LAYMANS TERMS
If you had bought a house in 1980 for $100,000 it would now be worth $348,000 (a 248% appreciation in asset).
If you bought one ounce of gold in 1980 it would have cost you around $612 it now be worth $658 (a 6.5% appreciation in asset)
If gold had appreciated in value as residential properties have done it would today fetch $2131 per ounce. In my opinion gold will reach this price level within the next five years.
When this happens Unico will be worth Billions
PEARL ASIAN THE ENIGMA.
THEY HAVE ADDRESSES THAT DO NOT EXIST.
MINES THAT DO NOT EXIST.
GOLD THAT DOES DOT EXIST
AND QUITE POSSIBLY SHARES THAT DO NOT EXIST.
AND THEY HAVE YOUR MONEY.
AND I HAVE REPORTED THEM TO THE SECURITIES AND EXCHANGE COMMISSION.