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Bidding War!
I slept in and missed buying in the low 20's, but I got my shares yesterday!
http://www.bloomberg.com/news/2013-09-11/furniture-brands-wins-approval-of-bankruptcy-financing.html
http://online.wsj.com/article/SB10001424127887323595004579069504088683632.html
Shorts covering all day long. Ride the wave.
This is going way higher, people. Bids are pouring in. Once people see that yesterday was the low, they will be plowing in here even more. Shorts will be covering and speculators will be speculating.
Shorts will really start covering fast once they see that the price is moving up. They know how fast it can rise, and there might even be another promotion.
This is your last chance to get in just under 7. The price will get away from you quickly.
Actually a legit company....but was pumped.
I checked this out yesterday. Sure, it was a pump, but I thought it was some scam stock at first. After doing some digging, they are legit and have good entertainment industry connections.
This will rebound strong today.
Bought 150,000 yesterday at .062!
Big bounce coming. Looking to buy more. I might sell at .14.
People are just waking up to this story now.
The run up hasn't even really started. Anyone thinking otherwise is delusional. There is very little chance that this doesn't go over 30 cents by Wednesday. Almost zero.
In your dreams. There is no big selling at all. Sorry you missed out, sucker.
I am very successful
And MJNA is a lead pipe CINCH to go much higher tomorrow. There is ZERO chance it ends lower. In fact, this is the biggest LOCK there has ever been for a next day gain for a similar type of stock where the info was known the previous closing day. For those who were on on the ball and on top of their game Friday, they will be rewarded mightily in the morning. This will get out of hand VERY FAST so if you haven't bought.......GOD HELP YOU as you chase it over 30 cents in the first hour of trading. Once people see that gain human nature will kick in and there will be a mad scramble by all of the fence sitters and newcomers to acquire shares. It will be BRUTAL.
This will be the viral sensation of the week. Remember when Fannie Mae went bonkers? This has more potential.
The shot heard round the world
If you think that this is just a one day run, then....lol.
Aug 9, 2013 0.12 0.20 0.12 0.17 37,417,600 0.17
Aug 8, 2013 0.12 0.12 0.12 0.12 3,531,500 0.12
Aug 7, 2013 0.12 0.12 0.12 0.12 1,616,200 0.12
Aug 6, 2013 0.12 0.12 0.12 0.12 1,202,000 0.12
Aug 5, 2013 0.12 0.12 0.12 0.12 1,818,600 0.12
Aug 2, 2013 0.12 0.12 0.12 0.12 1,335,700 0.12
Aug 1, 2013 0.12 0.12 0.12 0.12 2,682,200 0.12
Jul 31, 2013 0.12 0.12 0.12 0.12 1,746,900 0.12
Jul 30, 2013 0.12 0.12 0.12 0.12 1,509,800 0.12
Jul 29, 2013 0.13 0.13 0.12 0.12 1,435,900 0.12
Jul 26, 2013 0.12 0.13 0.12 0.12 1,374,100 0.12
Jul 25, 2013 0.12 0.12 0.12 0.12 1,159,000 0.12
Jul 24, 2013 0.12 0.12 0.11 0.12 2,796,100 0.12
Jul 23, 2013 0.13 0.13 0.12 0.12 1,436,500 0.12
Jul 22, 2013 0.13 0.13 0.12 0.12 1,742,100 0.12
Jul 19, 2013 0.12 0.12 0.12 0.12 2,089,900 0.12
Jul 18, 2013 0.13 0.13 0.12 0.12 1,346,600 0.12
Jul 17, 2013 0.12 0.12 0.12 0.12 1,506,700 0.12
Jul 16, 2013 0.13 0.13 0.12 0.12 1,617,500 0.12
MJNA is the only stock that can handle the hype.
All of the others are too thinly traded or sell for too cheap. This will be the GO TO stock for all of those people who get blindsided by that CNN special Sunday and Holder's speech Monday.
They will be looking to get in on the action and Medical Marijuana, perfectly named, ticker symbol MJNA, and with tons of volume will be there to take in the bids.
You see what hype does when the public wants in? Take a look at Tesla....went from $25 to $150 in months. Take a look at Krispy Kreme a few years ago. When the public gets excited they want in on the action.
MJNA is a lead pipe cinch to trade much higher next week. There may be big swings, but if you got in Friday, you are a LOCK to be able to cash out at a profit any time you want, at least through Wednesday, and maybe even past that.
There are few opportunities like this. If you think it is pulling back at all on Monday you are a very unsophisticated idiot. You better wake up early and have your orders in at the bell. This will be monstrous. You will have to keep increasing your bids and panic will set in as everyone does that at once. They will all see the train leaving the station.
On Monday everyone who owns shares now will be aboard a rocket ship.
This is the best opportunity I have seen.
As far as short term gains go, this is an unreal possibility for a 5 bagger in days. That is not a prediction. You have to understand that this stock has already seen 40 and 50 cents with less positive developments.
This week is a tipping point. I have seen garbage stocks go up 5-10-20 times in weeks because people got excited about the prospects and speculators joined them.
But this is actual real. Also the company is perfectly named, can handle the volume of the speculators who want to buy/trade, and there is legit MAJOR NETWORK and WORLD news developing as we speak.
Friday's action was the start of a monster move. End of story. There is just no stopping the buys Monday after people watch the CNN special Sunday night and Holder gives his speech Monday.
The only disappointing thing is that I only have 19,500 shares. At least I got them at 14.8 cents average. I saw this percolating early Friday and got in just before the big move.
This is a perfect storm. If this stock can't go up big in the next few days, then you can NEVER say anything is a LOCK to go up again. I mean, this news hasn't even hit yet. Only hardcore people even know about MJNA.
Sea Change in the works. Tipping point. Ring the Register.
Here's Sanjay Gupta video.
Watch this and ring the register for next week. To the moon, Alice. Damn, Wolf Blitzer looks like Father Christmas with AIDS.
http://www.cnn.com/2013/08/09/health/gupta-weed-reaction/index.html
This is BLOWING UP worldwide.
And here is Sanjay again, talking about the Sunday Documentary that he worked a whole year on. He explains why he changed his mind.
http://www.cnn.com/2013/08/08/health/gupta-changed-mind-marijuana
This is a worldwide tipping point.....this upcoming week.
I caught this right when it took off today.
I have never bought this but had it on my screen for two years. I saw it percolating today big time and I remembered reading an article about Sanjay Gupta yesterday and his changed position.
I know how this bad boys get running. I jumped on board no questions asked because I know what is going to happen.
Got in at .1445 on the right run, and then got in at .156 on the other account. I was moving fast and that is good enough for me.
Next week should bring lots of riches. All kinds of media exposure and this will bring in more speculators. This is the start of a huge run. I am guessing we have a good chance to hit 40 cents by mid week. Maybe more.
Time to buy. Brands are worth good money.
Hickory Chair alone is worth 5 multiples of the market cap. They have some good brands. Over 95 percent of all shareholders lost 90 percent of this. Some lost 99 percent.
Can't go much lower. Now is the time to buy. If they mention anything positive at all tomorrow, even with expected bad results, these shares will double up before the week is out.
This company has cost a lot of people a lot of money. This week will be interesting. They have some debt and pension deficit issues, but in no way are they going under. They have 4 of the top 11 most recognized brands in furniture.
Lots of pain out there. Gotta buy low.
Markets about to tank. TVIX about to roll.
Every dog has his day. This phoney market cannot possible go any further. I expect some big down days. There is way way way too much complacency by people who are feeling good about their brokerage balances.
It is as if they have no memories of what a down market looks,and FEELS like.
When this thing turns it will be multiple years down. People are programed to hold at the bottom now, but this time they will be watching for years and years as their accounts get crushed.
It is almost a mathematical certainty that there cannot be growth. All this new debt added, and yet there is still no growth.
Collapse coming (hopefully).
Will go over 50 cents if Apple mentions liquid metal.
There are tons of articles out there about rumors of liquid metal playing a more important role. There is a reason for the never ending buying pressure here.
I think someone knows that there is going to be a mention of it.
This thing is going way way higher.
They just retired 12 million in debt with only 18 million shares. That is 66 cents per share.
I am so pissed that I only got 14,000 shares today. I wanted to make sure this wasn't some type of scam, but now that I see what is going on I think I will grab more in the morning.
The only problem is that I am on the West Coast, and I don't want to get up at 6.30 A.M....lol.
Maybe I will get up at my regular time and if it isn't over 20 cents I will buy more, but if it is well over 20 cents I will just be happy with the gains.
We'll see.
Super Strong buying action here.
This is going higher. Serious serious buying action.
Glad I sold at 100 percent profit.
Bought at .005 last week and sold at .01 yesterday.
Have fun, Bagholders!
Sellers seem to be on strike.
Bid and ask creeping up. This has the makings of a big big move....stating from the lows last week.
Looks promising, as ask it getting hit, so it has to get raised.
Now we're starting to percolate.
Not a lot of selling. Good sign.
Should start upward any minute.
Some of the chasers sold in the first few minutes but now hardly any sales are going through. Looks pretty good here at bid of 8.5 and ask of 9.
Should close over a penny quite easily. Bid inching up now....0087.
Told ya last week that it was ready.
Somehow I timed the bottom perfectly. I'll take it. It should go over 3 cents this week, I would think.
Explosion upward coming
Better get-em now, as it is obvious someone is loading up getting ready for the big push and parabolic move.
Can't believe I finally caught one of these at the lows. I will ride this up multiples from here...maybe this week.
That drop to ..035 was final flush.
That was the final flush before the run up as it was phoney as could be and cleared the decks for take off last week.
This thing could really move fast this week. It is at least 50-50 to blast over a penny. There is over 700,000 on the bid right now, and that is the most there has been since I have been watching closely since last week.
I got real lucky to have caught this close to the low. I mean, how low could it go.....figured I had to take a shot. Got lucky, and now I am ready for the ride up.
If you look at the price history over the last year you can see that this thing gets pumped real good a few times. It looks as if something is in the works. Maybe a paid promotion where promoters are also loading up. The CEO is a unique character who just finished writing a book (novel) and now that he is done with that, and the book is published, he is probably setting his sights on boosting the stock price.
He will send this to orbit this month, I bet. He is crafty.
http://www.suppingwiththedevil.com/author/
Glad I loaded up Friday.
I finally timed one of these things perfectly. Should be racing now. Gotta think we will easily fly over a penny, and maybe more, and this should happen by midweek.
Could be a huge week here. I got lucky and caught the bottom. I'll take it.
What the hell is a Richard Elliot-Square...lol.
I've seen it all now. This guy sure is something. It seems as if he is now spending his life trying to get his money back the same way he claims he was cheated....lol....lol....lol. Amazing. For some crazy reason I see this maniac trying to pump these shares again. My God...you can't make this stuff up. Wow.
Richard Elliot-Square is married, currently based in London and a director of many companies. An ex Army Officer, he has travelled extensively and, during the course of his career, has been involved in many ventures meeting billionaires, politicians, entrepreneurs, conmen, flakes and crooks, all of whom have given him the seed capital for the basis of his first novel.
Some years ago, he was the victim of a fraud perpetrated by unscrupulous international share promoters who preyed upon unsuspecting entrepreneurs and netted millions of dollars for those who ensnared the author into their web, taking him from riches to zero. This is the basis for his first faction thriller.
http://www.suppingwiththedevil.com/author/
Even though this is crap
It looks like the rewards outweigh the risks at this price. I like to buy when people are feeling maximum pain.
I am looking at TAGG and TVIX to bottom fish
My main investment is FOUR as that has been a winner since 2011 and it is going higher this summer when they get their Lehman settlement.
I buy when people are feeling pain.
What is the pain level here? How much have posters lost? I am thinking about getting in if the losses are enormous, and the pain is unbearable.
500,000 on the bid. Rally starts today and continues through next week.
I see a run up here.
This garbage could actually go up big from here.
This is total dog crap, but market makers and shorts will take this up at least one more time.
It is practically guaranteed to go over a penny again this year, and that is a 100 percent return from here.
It really is crap, but it is very close to a turning point, and when it turns it could triple up real quick.
Someone please explain what this is.
I notice it goes down every day. What is it?
Give me Cliffs Notes of what is going on.
Someone let me know in two paragraphs what the deal is with this stock right now. I have watched it for a few years half paying attention, and I noticed it was a tight trading range today.
I thought I saw a while back that management lost in its legal attempt against the FDIC.
Someone fill in the blanks, including timeline of upcoming events.
Sum Tim Brewing
Something up here. Tight spread. Expect a flurry late in the day, then either explosion up next week or crash down.
A big move is coming. Place your bets.
Shorts have to cover.
There could be one more change to the POR, or speculators could drive this up. With the market tanking people are looking to run something up and squeeze some shorts, and this is it.
There has to be a revote on the POR.
This takes take, and shareholders committee has a better chance of being set up now. If things can change this fast, they can change again.
SHorts must cover. They know it. Speculators must speculate, because they can't stand to see other people make money.
Price has to go up. NO other choice. If FNMA can from 30 cents to over $5 in a few weeks, then EKDKQ can go over 50 cents and possiby $1.
With the markets tanking, people are looking for something to run up, and EKDKQ fits for a lot of people who like to take shots.
Price goes way higher.
Final POR will include Equity.
If they changed it this time, they can change it again. Why do you think AAMRQ traded at 40 cents then $7 less than 4 months later? Things change, my friends.
Speculation and short covering will drive it higher, anyways.
Yaz, I told you this would go under 10 cents.
Damn, homie. I gave you the roadmap here yet you were too busy pumping last night and trying to convince others to bail your bad decision out.
Shame shame shame. I hope you learned something here. You had the balls to say that this might not dip at all today. That is pretty shameful.
I suggest a new career if you actually believed that. I tried to tell you, Homie. You were going to loser 70 percent today.
Do you undertsand now, Homie? May God have mercy on your financial soul!
Price plunge in morning. Sad.
But it could spike at some point. If you hold shares now you WILL LOSe. But you can get it back . That would be nice if you salvaged some of your losses. RIght?
Probably two big waves of selling tomorrow.
You guys are dead ducks. However, you might be able to salvage something if you buy the second wave of dumping. This piggy should open at around 17 or 18 cents. If it opens higher it will only last for 30 seconds, as this thing traded at 18-20 cents for the longest time.
There should be a violent shake out at 15-20 cents, where it might look like it will make a move up, but there will be a second wave of selling that will absolutely break the hearts/backs of all longs/speculators who were hoping for a different result in the POR.
This second BACK BREAKER should send this shares down near 10 cents. At this point, anywhere from 8-12 cents is probably a good time to get in, as you have a few months at the absolute earliest before this can possibly be canceled, and once news gets out that there is a fight concerning the POR you will see a spike, followed by one more spike before the vote, before the final fizzle and death spiral this summer.
But there will be lots of action and money to be made here. The time to buy this is when you know that the current holders are feeling MAXIMUM pain and helplessness. That will be either tomorrow or Thursday, in all likelihood. Once that final wave of broken hearts gets taken out the coast will be clear.
If you try to get in closer to 20 cents than 10 cents you will get stomped and you will be looking a nice loss in a hurry.
My guess is that the current POR might not get enough votes, but that still doesn't mean that equity will be included. However, if a whiff of a big battle concerning the POR gets out, that will lift the price.
In any event, it is PLUNGING in the AM. There is no way to get out. Sorry. Watch it closely and if you are a current shareholder, the moment you are pissed off the most and feeling victimized the worst might be a good buy signal. When you can't take any more pain in the AM, you are probably better off buying more than selling what you had today at 40-ish cents, because you won't get anywhere near that tomorrow.
I had one in December where the effective date was December 21st, yet the stock traded on the old symbol through December 28th. Now, it was the same Judge Chapman, as well, thought that really isn't relevant. Also, the old shareholders in the case I mentioned got the same amount of shares in the new entity.
These shares are going to zero, but the question is when. It could be Wednesday, and it could possibly be Tuesday (doubt it), or even Thursday or later this week or next.
I know for 100 percent certainty that the shares I owned in another company in December had an EFFECTIVE date of December 21st, yet the shares traded all the way through December 28th.
I am making no predictions here, other than to say that even a few days of trading is plenty time to allow this market maker to make one more wild and crazy move (which would have to be up).
He took this thing from under 2 cents to over 20 cents in about two weeks earlier this month. I am sure he can take it to 2 to 3 cents on AIR as one final hurrah.
I am not advising anything. Just letting people know that it is greater than 50-50 that this thing hits 2 cents again in the next day or two. That would be a triple from here. There is serious bagholder risk here, but that is also what makes this very intriguing. Today's selling was climactic, and that is how you get lows and good entry points, even if it only last for a few days.
Here is proof below. Once again, I am NOT predicting anything, other than to say that one last wild ride is entirely possible, especially since the Market Maker probably got caught off guard today with the quick confirmation/effective date announcement. Notice that in the example below shares traded through December 28th.
2. Effective Date. Pursuant to the Confirmation Order, the Debtors hereby certify and give
notice that the Plan became effective on December 21, 2012 (the “Effective Date”).
Dec 28, 2012 0.45 0.50 0.45 0.50 50,600 0.50
Dec 27, 2012 0.48 0.49 0.45 0.45 28,700 0.45
Dec 26, 2012 0.45 0.47 0.45 0.47 45,100 0.47
Dec 24, 2012 0.43 0.45 0.43 0.45 28,000 0.45
Dec 21, 2012 0.40 0.43 0.40 0.43 23,000 0.43
Dec 20, 2012 0.40 0.42 0.40 0.42 26,200 0.42
Dec 19, 2012 0.40 0.43 0.40 0.43 10,300 0.43
You must not be able to read.
I laid out the options and I included every possibility. The question is WHEN exactly is the EFFECTIVE date. Is that tomorrow, Wednesday, or a day in the future?
What a shame that you didn't read what I wrote. Just because they plan on getting most of the money shuffling done on or before May 1st (Wednesday), there is a lot to be done. This could trade all the way through Wednesday or even longer if all of the ducks aren't lined up.
If you know so much then please tell us when exactly this will stop trading. I simply made the point that until this is finalized the ABKFQ shares will continue to trade.
You cannot guarantee that this will not trade Thursday, so I don't see your point. Somebody had to take on tens of millions of shares today, and they will be unloaded higher tomorrow, Wednesday, or Thursday or beyond. Otherwise, all of those tends of millions of shares taken today by the market maker are worth zero, You are talking a potential 500K loss on that, so my guess is that the market maker unloads those shares to someone else.
Your guess is that he bought those shares today and takes a 100 percent loss tomorrow. I doubt it. We'll see.