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short tlab @ 8.90
looks like the HOD will hold, upward momentum dying...
stop/loss @ 8.95 -
waiting for it to break the HOD @ 8.93
ya, not trying to tell you when to sell just suggesting people start taking profits and not get greedy
none of us know where this thing will go but just make sure you lock in some $$$ along the way
G/L
I will liquidate some at .01
that would give us a market cap of .01 x 483,000,000,000 =
$4.8 Billion
you feel this company is worth 5 billion dollars? Not unless they make a huge find @ this new Kimberlite body...IMO
right now, using the ucad deal, our 'intrinsic value' is about $750,000,000 which divided by the O/S of 483 Billion gives us a fair value at .0016
so I think the first "realistic" profit taking point is .002, unless of course there is a huge diamond find or some evidence of a naked short position.
this being my last post of the day I'll leave it at this:
The O/S is 483 Billion IMO.
The Float is less than 241,499,999,999 IMO
We have a significant Kimberlite body that is very promising yet no valuation as of yet(except from the UCAD deal)
You, and those like you are one of two things:
1) Pumpers with alterior motives
2) Too stupid to understand simple reason and make investments decisions on facts and not naive hopes and dreams.
It really pisses me off you're here because you deserve to lose money, but I know if you lose money I'll lose money too. So I'm torn between wanting to become wealthy on CMKX and wanting people like you to lose their miniscule invesment and learn a valuable lesson.
Honestly, I'd prefer we all become wealthy on CMKX, it's just a shame you fell ass first into this investment and you'll probably get lucky and make a ton. It's a damn shame for all those 'smart' investors out there that actually have to work for their money.
G/L to all CMKX longs - especially those who aren't blinded by the allusions of wealth and the pseudo-semantics of all those touting a good stock for all the wrong reasons...
that's not the point
LOGIC is LOGIC
cmkx's trading defies logic...lol
sorry, forgot to condition my arguments before illustrating the proof...
I'm sure you get the idea though: If it is false, it is harmful and if it harmful it shoul be retracted...
THUS - IF IT IS FALSE IT SHOULD BE RETRACTED
Arete, isn't it amazing that when 2 bashers get together for tea nothing but horse manure comes out of their mouths?
Well if you consider facts to be horse manure than I geuss you're right...
And secondly, I am not a basher, I am long and have been so for 3 months... I just use logic when making investment decisions, If that makes me a basher, than I'm proud to be called one.
I can't imagine any one would think they would jump to retract innaccurate data, unless it benefited them to do so.
Let's follow the logic:
High O/S = bad
OTCBB says high O/S = innacurate data
innacurate data = bad news
bad news = price decline
price decline = no good for insiders or shareholders
no good for insiders/shareholders= need for solution to problem
solution to problem = retracting innacurate data
Unless of course you're argueing that a high pps is bad? in that case, you're correct
PRs from the company are the gospel
I want you to do me favor, when you have some spare time go to the NASD website and look up the most recent charges the SEC/NASD has brought against pink sheet/otcbb companies whose CEO's have issued false or misleading PRs. It happens every day. Not saying Urban has done it, but PRs dont mean jack in a legal sense; SEC filings on the other hand do because the CEO is forced to sign his name on the bottom certifying under PURGERY that what he has presented is correct.
Your speculation about what people may or may not believe is just foolish.
its not speculation when people write - "I don't believe the otcbb site". That is fact, a direct proxy of their mindset. Now when I say that people are irrational when they don't accept facts; how is that foolish and how is that speculation?
It's what we are all waiting for
That's for sure. Hoping for a low float myself - preferably under 100 Bil, but I'm not holding my breathe.
I dont think what I said was 'silly' at all. Some people, especially when it comes to their money and their pride will believe anything, and I believe some of the CMKX longs aren't being reasonable with the evidence available. Personally, I think it's 'silly' to believe the O/S isn't 483 Billion. Why wouldn't it be retracted if it were wrong? That is information material to the trading of the stock...if it were false you better believe Urban and Glenn would have had it down within hours. IMO of course.
some people just won't accept the obvious, they'd rather believe it was a different D. Roger Glenn or Nasdaq is lying. Even after a PR about it people will probably still argue its lower....
catman...i can't use PM
you probably aren't signed up for pinksheets L2
I think its another $15/month and you can go to 'my account' to update it. If you are signed up for it then I would contact alphatrade.
I use alphatrade with L2 for pinks.
otherwise the inside b/a should be at pinksheets.com
what is SCHB doing...looks like he has sold about 10 Bil over the last couple days.
there always seems to be someone holding this thing down...maybe Jeffries had enough dealing with their big offshore clients and SCHB picked up where they left off...
since the 40B shares that UC donated are without dividend
are they without dividend for UC or without dividend in general? I think the dividend may be going to Nevada Minerals...not sure though.
If not that is a valid point.
bid support for AUML @ .60
Getting ready to break .70 or MMs setting a trap???
out of wtsla @ 1.90
ok
in @ 1.81 and will probably be getting out soon. looks like its starting to bounce a little
whats the deal
down %25 from that resignation news?
looks like it may bounce back up around the 2.00 level
out of AUML @ .064
I must appoligize to YOU! It would seem that I hit a nerve with this poster and others are being affected by his reactions to my post.
No you haven't hit a nerve, you just found someone who can see through the hype and make objective investment decisions...
I sincerely APOLOGIZE to the board for that. LMAO
jon_e_og - Your post are... let's just say "less" than supportive to balanced debate
I'm not going to even comment about your BS attempt to prove me wrong because I neither have the time nor desire to. I geuss OTCBB just pulled that number out of their ASS. Whatever, I'll wait and see, then we'll both know the O/S the company wants us to know.
As per you claim above.
1) For the 100th time, I am long this stock
2) My arguments over the last couple months have been overly positive - why don't YOU take the time and read some of my past theories concerning naked shorting or pps appreciation
3) I think for myself and believe FACTS, not naive hopes and dreams
4) It's idiots and dreamers like you who were left holding the bag on stocks like pcbm
5)You are the one who is "less than supportive to balanced debate" with your constant posting about how great this stock is, and your failure to accept anything to the contrary
6) There are substantive problems with this company, its share structure, and the credibility of the insiders that needs to be addressed
So, before you open you mouth and scream BASHER, why don't you make an attempt at shedding your ignorance and open your eyes to what really is going on.
I'm LONG and STRONG and will never sell...so if you don't like what I have to say about this stock TOO F*CKING BAD
not sure...read some posts saying they contacted OTCBB about it and they said Glenn sent the information as per their request..
but I haven't called them personally so I can't verify that.
If you want to keep that info quiet for whatever reason then why proceed with a totally optional dividend that stirs this up even more?
Interesting point. I'm thinking that they weren't expecting a request for this information so soon and they were in the process of 'preparing' the share structure.
but then again, who the hell knows...
Dividend distribution DOES NOT have anything to do with the NASDAQ or OTCBB either.
As far as I know the oversight for pinksheet stocks resides with Nasdaq and they are responsible for the regulation of cash and stock distributions. Do you think that Nasdaq has no desire to regulate the transfer of stock from one company to another, and then on to shareholders?
Do you have some proof to back that statement up? A link to aa SEC regulation or a NASD notice maybe....
I'm sure Urban didn't want the number out, but Glenn has a legal responsibility to report these things to the NASD, SEC, and Nasdaq when asked.
jon_e_og....pinks don't have to report jack to anyone..so nasdaq doesn't need nor want anything from CMKX...
Incorrect. Any stock, whether its on the pinks or the bigboard, is required to submit information pertaining to cash or stock distributions to shareholders. What do you think, cmkx just presses a button and BAM you have shares in your account. GET A CLUE
keep trying though....lol
Pleas tell me: what am I trying to do?
Does anyone in their right mind think that all of a sudden CMKX management and E&A decided to just randomly give otcbb the info and leave it at that?...!!!!
Being that NASDAQ is responsible for the timely and accurate dissemination of corportate information, it is more than likely they requested this information and Glenn had no choice but send it.
What do you think makes more sense?
Nasdaq, OTCBB, pinksheets are lying or have been fooled.
-or-
Melvin lied about the O/S and Urban was withholding the number because it was so large.
What if the only information that this DR Glenn gave them, was just the "Record Date," which is 08/20/2004, and the "Payment Date," which is 09/24/2004, and the number of UCAD Stocks to be paid in the Dividend.
LOL...Why in the world would NASDAQ go through the trouble of requesting only some of the information...if you are paying a dividend you should be able to provide the ex-date, the record date, the payable date as well as the dividend ratio and restrictions on the stock being payed. NASDAQ asked for that information and that's what they got...
CMKX longs sounding more and more rational with every post...
If it turns out to be true, then there is no disputing the company has either misled us, or even worse outright lied to us.
Unfortunately, that may be true...I guess we'll just have to wait and see
FINALLY,
A CMKX LONG WHO ACTUALLY THINKS...GREAT POST. I've been saying the O/S is 438 Billion since it came out, I just can't see it any other way.
If a low OS is the only way this company can make us money, then I think we are screwed
You're right - we need a low float and some diamonds.
SCHB is looking like the new JEFF on the ask lately...
NWRE breaking out
numbers out after close yesterday - positivie
People get too attached to stocks like this and become over emotional when that particular stock gets criticized...
Every stock has pros and cons...there is no perfect investment so everyone just needs to RELAX...
How can some of these people approach an investment shielding themselves from the negative, and only believing what they want to?? it blows my mind
If you go back and look at some of my old posts on Naked Shorting you'll realized where I stand on that...
http://www.investorshub.com/boards/read_msg.asp?message_id=3630934
http://www.investorshub.com/boards/read_msg.asp?message_id=3640179
http://www.investorshub.com/boards/read_msg.asp?message_id=3639722
lol...I was posting articles on cellar boxing weeks ago