Close at .0048, nice volume and with more news we will blow through the .05 resistance of shorty...I am going to be very happy when they have to cover from .002....................

Like your board, good pick with MINE, resistance at .005 once that is gone and more news, this should no longer be sub-penny.

This could easily get back to .0046 the high on May 14,2012 very soon.

I think the PR's are leading up to big news, I am sticking around for sure and the pps will only go up. Won't take much to move this as seen in the last few days. GLTA

Yes, nice after hour trade something maybe up for tomorrow.

MINE news out, low float

Everything is falling into place, looks like the company has more ammo for investors coming in, I am loading up....

Check out MINE low float, news and could catch shorts covering 11ml shares of a 15ml float.

News out on MINE 15ml float, 11ml shorts look for huge squeeze..

Put your ask way up and let them chase it to cover, perfect set up to nail the MM's in their stock manipulation, it has been done before and with such a low float this may get interesting.

I just sent a e-mail to the SEC about the shorting of approximately 11 million shares in a 15 million float, when do they have to cover and how do they monitor the shorts within the SEC guidelines to insure the shorts cover their positions. http://www.sec.gov/

I would like to see more news, with a change in management you usually see a new direction the company will take or acquisition that may happen. My guess is as good as the next one made...I just love the low float and with good news this can pop..take a risk once in awhile, keep the odds in your favor and don't get greedy..JMHO

Time to buy is now on the dips...

They have to buy the shares at the ask...drives the pps out of orbit.

I think MM's will need to cover, I set my sell price at .20 and will be picking up more shares, lots more.......I think they don't have the shares and will be scrambling to get them. They have 3 days to cover, set your sell above .15 and force the move up. They are selling shares they do not have the way it looks to me. JMHO

Smart traders will buy at the ask before it goes right by you.

Hard to follow charts/ma's in penny stock, every time I think I have it figured out to some extent the lesson starts all over again.

I think this will be more than a one day run up and the shorts will get caught, some heavy artillery will probably be waiting for Monday and if the big boys get in they will drive this, C*** is still waiting for the Q and then the big boys will arrive and drive that. Didn't I just paint the perfect picture, wait, this is pennyland and anything can happen.LOL MINE has such a low float, put that in the hands of friendly traders we are looking good. Need follow up news and it should fly. JMHO

I think with new management you may see a new acquisition, this usually follows the course..If you look at the 6 month chart it was trading as high as .20 if I am reading it right..looks like we might be starting that same momentum that brought up the pps before.

GM makingwaves and kkmoney, looks like we are on track for another great stock to get a little crazy, this one should tide me over until C*** gets its legs again. I may hold this one longer term than normal for me like C***.

Get in early Monday, I have a feeling this is going to take off fast and the shorts will have to cover...

They brought in new management for a reason, I believe we will hear more news coming that should drive this low floater up....

This will hit .01 very soon IMO

Some examples with YOUR hypothetical analysis:

I believe an example of 500,000 shares x .006 = 3000 shares of Audio Eye. PPS between $2.00 - $4.00 = $6,000 - $12,000..If you purchased 150,000 shares of CMGO at .04 = $6,000.00. Out of a 500,000 purchase of CMGO shares you would increase your overall net worth by 30% minimum. This ratio would work for any share purchase amount. Say you purchased 500,000 shares of CMGO at .04 which is $20,000.00 - Audio Eye Spinoff of $6,000 value your real cost is $14,000.00 or .028 per share or if you held both assets your value would be $26,000.00 at .04 per share of CMGO and $2.00 share price of Audio Eye, in any event an obvious increase in value with spinoff.

This I Like:

CMGO $1,075,000 Debt relief with Audio Eye Spinoff

On April 5, 2012 the Registrant and AudioEye Acquisition amended their Agreement in order to separate the Spin-off and Share
Exchange so as to allow the payment by AudioEye of the outstanding Registrant Note and to cause the release of the Notes to be effected
as soon as practicable but no later than the closing of the Share Exchange. The Amendment also removes the requirement of shareholder
approval as a prerequisite to the Share Exchange and Spin-off.

.0321 x .0349 not much time left, hit the ask

.033 x .035 just the beginning, someone must know if the Q is coming out Monday?????

Hi Beers, Same old same old, I will be featuring WDRP on my website when It gets finished, I am planning for an onsite visit with video, interviews and any recent DD I can come up with. I also plan on doing the same with other penny stocks. I will be completely unbiased as I no longer have a position in WDRP, no pump just the facts that I can investigate and report to investors or potential investors. I am retired law enforcement and now have a passion to expose good or bad penny stocks for what they are, after doing an onsite visit (which is the only way to get a more accurate assessment of what is really happening). I will post on this board or on the website when I plan on going. I will provide the board a link to the website. If I have a position in a stock I will not cover it, plain and simple....be a little patient, but it will get done sooner than they have promised in getting a product to market. I will not accept any compensation from the company.................

No one has a crystal ball when it comes to penny stocks but IMO you could count on an increase in PPS, if anyone gives you a certain PPS it is not a guarantee. If I were you I would look for a double and be happy with that which I feel confident you will get . I don't know your entry position but that should not matter as we will soon have new highs. This stock may be one you may want to hold as a long term investment. I normally sell when I have paid for my initial investment and have a fair amount of shares to keep in play "if I feel it is a solid investment". Their is no magic answer, just don't get greedy, be smart.

I like the business concept and the CEO's background, this has some potential and requires more DD.

When have MM's followed the rules in Pennyland? They have no rules.

Forget the shorts, they don't control this stock this will run it's course when investors realize they can capitalize on the spin off and virtually get a free investment in CMGO that has solid management, no BS approach and follow through on their PR releases, something us penny traders know is highly unusual. I usually play the swing up on BS PR's and get out before the dump, this is a different animal. JMO but this is a longer hold than usual for me for a reason.

I am a day trader and my position is long on this one, like you said, very tough to day trade this stock.

It's not the shorts, it's MM's IMO

I get ya...lol

Pretty hard to short penny stocks, usually only MM's doing that, I think investors are starting to move this where it should be.

They do have some contractual commitments if the company is smart, they just don't usually get stock for complete non performance. If what you are saying is the case, I will be starting a promo company.

jonblair77,

Promoters who have paper to sell before the promo to finance it. Happens all the time..JMG If a cash promo obviously not the case. Could be day traders who will play this all the way up. You just never know unless you have insider knowledge. JMO Personally I am holding long, believe this to be the best move over time....

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 12, 2010
CARBIZ INC.
(Exact name of registrant as specified in its charter)

Ontario, Canada 000-52209 None

(State or other jurisdiction (Commission File (IRS Employer
of Number) Identification No.)
incorporation)
7115, 16th Street East, Unit 105
Sarasota, Florida 34243
(Address of principal executive offices, including Zip Code)
Registrant’s telephone number, including area code: (941) 952-9255
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act.

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act.

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.







Item 1.03 Bankruptcy or Receivership
Item 2.01 Completion of Acquisition or Disposition of Assets.
Carbiz Inc. and its subsidiaries (the “Company”) have turned over all of their assets to the Company’s two senior secured lenders, Dealer Services Corporation and Wells Fargo Preferred Capital, Inc., and have ceased operations.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective as of the close of business on February 12, 2010, all of the officers and directors of the Company have resigned their positions with the Company and its subsidiaries.

Can you justify that with the share structure?