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PCFG has been ramping up GOLD production. Gonna get very exciting very soon!!
PCFG Mining results will be out by Nov 15th. There is gold in them hills!!!
PCFG The next couple weeks are going to be very exciting for the stock price according to my crystal ball. There's Gold In Them Hills!!!
Some kind of "ectomy". LOL
Almost twice as many buys than sells today.
http://ih.advfn.com/p.php?pid=trades&symbol=MSMY
I am trying to understand L2. Nite has been @ 5000 shares for over 10 minutes, but over 50000 shares have been traded. What gives. Go easy on me , only had L2 for a few days.
Thanks in advance.
From another board
UBS fined in U.S. over "systemic" short-sale failure
By Jonathan Stempel |Reuters – 22 hrs ago
(Reuters) - In the largest penalty of its type, UBS AG was fined $12 million by a U.S. brokerage regulator over the Swiss bank's "systemic" failure to properly handle millions of short-sale orders.
The Financial Industry Regulatory Authority said violations by the Swiss bank's UBS Securities LLC broker-dealer unit caused the orders to be mismarked or filled without reasonable grounds to believe the underlying securities could be located.
In short sales, investors sell securities they do not own, hoping the prices will fall so they can repurchase the securities later at a lower price and replenish their lenders. Regulators fear that abuses can distort markets, and accelerate declines in share prices.
FINRA said UBS' violations lasted from 2005 to 2010, and that the bank likely processed "tens of millions" of short sale orders for equities and exchange-traded funds improperly.
Many problems were not detected until FINRA's probe caused UBS to review its systems, the brokerage regulator said.
"Broad, systemic failures is the best way to describe it," said Brad Bennett, FINRA's chief of enforcement, in an interview. "The fine reflects the gaps in the system that we found. We didn't identify any specific delivery failures, but that could means the bank just got lucky."
UBS spokesman Christiaan Brakman said the bank was pleased to settle, and has made a "substantial investment" to improve its systems and oversight. It did not admit wrongdoing in agreeing to settle, and also accepted a censure. FINRA said the fine was reduced to reflect UBS' "substantial assistance."
"NAKED" SHORT-SALE ABUSES FEARED
FINRA said UBS violated Regulation SHO, a rule imposed in 2005 by the U.S. Securities and Exchange Commission to thwart abusive "naked" short selling, and ensure that brokerages can deliver shares on short-sale transactions they process.
Naked short sales occur when investors sell short without first borrowing the underlying shares or making sure they can be borrowed.
While the practice is not always illegal in the United States, the SEC has taken steps to limit abuses, including during the 2008 financial crisis when it restricted short sales of some financial stocks.
The SEC in July 2009 adopted a rule requiring that "fails to deliver" in all equity securities be promptly closed out.
"If there were failures to deliver, short selling would have the ability to affect the market, especially in hard-to-borrow, thinly-traded stocks," Bennett said.
In the last two years, FINRA fined Deutsche Bank AG $575,000, Milwaukee-based Robert W. Baird & Co $900,000 and Boston-based National Financial Services Inc $350,000 for Regulation SHO violations over their handling of short-sale orders. None admitted wrongdoing.
FINRA is an independent regulator that oversees nearly 4,500 brokerages.
(Reporting by Jonathan Stempel in New York; editing by Gerald E. McCormick and Tim Dobbyn)
http://news.yahoo.com/ubs-fined-us-over-systemic-short-sale-failure-140557982.html
Olandug,
Thanks for posting that.
Bought in for the ride up. Took out the 48's
Nice steady increase in price in the last 2 weeks. Significant volume today. The next couple of weeks are going to be very very interesting.
World Economics 2011
Mary is the proprietor of a bar in Dublin. She realises that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronise her bar. To solve this problem, she comes up with new marketing plan that allows her customers to drink now, but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans).
Word gets around about Mary’s “drink now, pay later” marketing strategy and, as a result, increasing numbers of customers flood into Mary’s bar. Soon she has the largest sales volume for any bar in Dublin .
By providing her customers’ freedom from immediate payment demands, Mary gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages. Consequently, Mary’s gross sales volume increases massively. A young and dynamic vice-president at the local bank recognises that these customer debts constitute valuable future assets and increases Mary’s borrowing limit. He sees no reason for any undue concern, since he has the debts of the unemployed alcoholics as collateral.
At the bank’s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into Drinkbonds, Alkibonds and Pukebonds. These securities are then bundled and traded on international security markets. Naïve investors don’t really understand that the securities being sold to them as ‘AAA’ secured bonds are really the debts of unemployed alcoholics. Nevertheless, the bond prices continuously climb, and the securities soon become the hottest-selling items for some of the nation’s leading brokerage houses.
One day, even though the bond prices are still climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Mary’s bar. He so informs Mary. Mary then demands payment from her alcoholic patrons, but being unemployed alcoholics they cannot pay back their drinking debts. Since Mary cannot fulfil her loan obligations she is forced into bankruptcy. The bar closes and the eleven employees lose their jobs.
Overnight, Drinkbonds, Alkibonds and Pukebonds drop in price by 90%. The collapsed bond asset value destroys the bank’s liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community.
The suppliers of Mary’s bar had granted her generous payment extensions and had invested their firms’ pension funds in the various Bond securities. They find they are now faced with having to write-off her bad debt and with losing over 90% of the presumed value of the bonds. Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.
Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multi-billion euro no-strings-attached cash infusion from their cronies in government. The funds required for this bailout are obtained by new taxes levied on employed, middle-class, non-drinkers who have never been in Mary’s bar.
Now, do you understand economics in 2011?”
I noticed the in last trade that it was a Form T. I googled it and ...
What Does Form T Mean?
A form required by the NASD for reporting an equity trade executed after normal market hours.
Read more: http://www.investopedia.com/terms/f/formt.asp#ixzz1bRzyYF7y
It was a BUY! After the close.
http://ih.advfn.com/p.php?pid=trades&symbol=AFPW
15's didn't last long.
The buying trend continues to outnumber the selling. Good to see!
http://ih.advfn.com/p.php?pid=trades&symbol=PCFG
Many more buying than selling today. Great sign!
http://ih.advfn.com/p.php?pid=trades&symbol=PCFG
I am going straight!
LOL
Great looking Chart!This week ought to be very enlightening.
Looks like many more buys than sells today, if this link is right.
http://ih.advfn.com/p.php?pid=trades&symbol=AFPW
Trading Strong today.
Looking forward to the production numbers. Can you say Gold Magnet?
MGLAND,
Under what symbol does New York City-based Condomania trade?
LOL
Picked up some cheapies here, getting ready for the next run............
YES! Flippers Gone! How's that? LOL
Good Morning all. Holding strong!
AFPW still going strong on Government contract.
mm107
Thnaks, I'll key an eye on that.
Stonsetr
At the risk of sounding stupid, What does "Thin" mean?
From the AFPW website;
http://www.alumifuelpowerinc.com/our-potential-market-place/
Our Target Markets
Annual Gross Sales
Lift Gas – $150M ($80M fuel related)?
UUVs – $1.2 B (fuel related: $50M, R&D $30M)?
Portable power – $8B ($1.6B fuel related)?
K-Cylinder replacement – $50M (100%)?
Flameless heating products – $61M?
International licensing – $200M (100%)?
Special defense applications – $125M (100%)?
Distributed Power/vehicular applications using Natural Gas – $ 400M (100%)?
They aren't playing Little League anymore.
While it closed down from it's high on Friday, up 140% from Thursdays close and over 400% from Wednesday close, I think it is going to go much much higher. Government contracts are not a dime a dozen!!!!!!!!!!!!
Holding ALL mine for now.
Good Luck to you, Stonsetr
Thanks Shaner
Can someone post L2? Thanks!
AFPW up 100%
AFPW
News out
Running!
Big Volume on AFPW today. Looks like it may run soon.
Huge Volume today, somethings going on here!
At the 52 week low. Good entry point with lots of upside potential!
PCFG SHORT SELLERS
http://www.buyins.com/reports/pcfg10-27-10.pdf
I have been in 2 different penny stocks that made it to be big boards. The first was BSDM. I started buying stock about 12-13 yrs ago. The other is PURE, started buying it 7-8 yrs ago.
Just because a company gets to the big boards doesn't mean that they still don't do the P & D thing. If you read a few of the releases for the 2 companies I mentioned it will become apparent which is guilty of pumpimg.
Fantastic Link! Thanks for posting.