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Stocks that have a sell order attached to them ...
...can not be used for short selling. I have had other posters verify this (I was told you can't use the same stock in two seperate orders). So all my shares have a sell order high enough not to get stopped out on a short spike but also will not be used by the broker to sell them to the short sellers. Was that what you where talking about?
THAT IS EXACTLY MY ATTITUDE.
Read my posts on Investor Paradise!
I WILL see this stock at .05. I am visualizing it right now and no MM,SS or NSS'rs are going to change it PERIOD!!!!!!!!!!
I'm doing my part! ....
......Reordered the GTC sell @.02 with the newly acquired shares. Now standing, 1.7M shares locked out of the hands of the SS'rs.
Another 500K shares ....
...are out of the hands of the short sellers!
Great DD and sound realistic to me!
Also looking back at the latest events it looks like the drop was due to first the litigations and then exasperated by short selling! I have a feeling now that the news is out and some confirmation on the share count being around 800M that we wont retrace (completely anyway) back to .005! I especially like the statement of 40% of those shares will be restricted. That will help squeeze the float to a point that may also squeeze the short sellers?
It really doesn't mater to me if it takes 'til late next spring to get the financials because the divsions will have that much more time to get their ducks in line and show more profitable numbers.
I am interested on how ProGas reveals itself as we head into the winter months. With Best Aero on a roll with the Boeing contract, now it would be nice to add some solid PR from ProGas.
After that how nice if Rome Oil and other related divisions start presenting real positive PR's next spring right ahead of the financials ......
...... I can dream, can't I?
This is the paint stripper issue ...
I was talking about and has not been addressed yet by any new PR by the company:
"The exposure of the product at the conference along with some tests performed by the Boeing Aircraft Manufacturing Company resulted in further product enhancements, which have now been completed. It is expected that this product will have strong demand for use on new generation aircraft that have significant composite material content as it removes outer paint layers without affecting the primer coating. Approval by Aircraft Manufactures is expected later this year, which will clear the way to bringing the product to market. Aircraft paint stripping is a multi million dollar annual business."
If positive news form this comes out that will only enhance what we already have!
I didn't realize how big the news was...
until I read this post from Dec 2005:
http://biz.yahoo.com/iw/051201/0102850.html
Target price of .25-.30 is not out of the question for this company on current OS and projected revenues!
I am selling some of my duds Monday morning .....NOW I know where to put the newly acquired funds! Thanks guys for a great board with great info! Now it seems even the company is in tune with us! My faith is completely restored! I especially love the:
"Today 7 different Alert Services covered MGMX"
I just read latest SEC filings and found this:
"Our selling security holders are offering to sell 101,250,000 shares of common stock issuable in connection with the conversion of promissory. In addition, we are registering 1,300,000 shares which are already outstanding."
Can someone comment on this latest news?
Don't I know! Living in Thailand gives me a new meaning to 3rd world beauty!!!!!
I was in PYPR at the beginning of this year and gave up on it! Boy, was I wrong!
Are they standing in line to meet Kermit?
Hey RMP .....
...... when you get back you may want to check this link out!
http://www.nytimes.com/2006/10/27/business/27sec.html?ref=business
That was me that popped the stock on a lousy 3000 share order at .035!
What crap ...you MM's are.....
On 9400 shares traded the stock drops from .06 to .035! I bet you can't buy them there?????????????
Extremely insightful .....
.... in more ways then one!
You know I did a hard look ...
..........at the market cap value on this one (about 33M) and even with all the products and potential (Revs on 1/2 year at only 500K), I figured the share price has too much figured in already, that with the current downtrending TA tells me this will have an uphill battle ahead of it. I decided reluctently to close my position and go to something with a better upside for now (check out PBLS,MGMX,RMDG)....
.........sorry guys but I'm outta here!!!!!!!!!
I especially like ......
"This equates to a total resource of 414,343 ounces of gold, 918,482 ounces of silver, and 46,602,077 pounds of copper."
Lets see thats 10% of 414,343 is 41,434 oz times $620/oz and that is only the gold of that property that will most likely be mined due to the other interests and will spell revs for the CEO to go after his other properties.
It looks like the stock has turned over and will start rolling the other way!!!!!!!!!!!!
Hey I know how you feel. I just posted some kool shiit on the CES and all that came back was a response to yesterday's post ....yours!
Hey forget about the certs right now ...
.... the stock moved to .008!
News
SKIPPACK, PA, Oct 27, 2006 (MARKET WIRE via COMTEX) -- Enterayon, Inc. (PINKSHEETS: ETYN) announced today that it has entered into a consortium agreement with the adjoining property owners at its Willa Property claim, 100 km south of Revelstoke, British Columbia, Canada. The purpose of the consortium is to exploit the full economic value of the Willa Property by combining all the claim units owned by each partner into a single property. Once combined, the company will own 10% of the entire Willa Property.
The Willa Property is a gold-copper-silver deposit located in the Slocan Valley near the village of Silverton in southeastern British Columbia, approximately 2 km east of Slocan Lake. It has had approximately $16 million dollars (CDN) spent to develop it to its present status, which includes an extensive underground network of workings to access the mineralization.
The Willa Property's total mineral resource estimate within the measured, indicated, and inferred categories, as specified by National Instrument 43-101 and based on a 1.5-gram gold per tonne cutoff, is reported as 3,989,494 tonnes grading 3.23 grams gold, 7.16 grams silver, and 0.53% copper. This equates to a total resource of 414,343 ounces of gold, 918,482 ounces of silver, and 46,602,077 pounds of copper. These estimates are based upon a database including data from 556 core holes totaling 50,890 metres, 2,570 metres of underground workings and 17,150 laboratory analyses for gold, silver, and copper
I think its the meetings with Redsky and the like that started it not reading the message boards, right?
Actually the feedback only drives home the point that we are working together to get PR out on the company. So whats wrong with mentioning the board like this ..... I don't get your point?
In the long run this may help us!
The Securities and Exchange Commission has just become the target of a broad investigation.
The Government Accountability Office last week agreed to investigate the regulator's management and methods for policing the financial markets, according to Bloomberg. The securities regulator has been under fire for the way it handled a trading investigation involving hedge fund Pequot Capital and Morgan Stanley Chief Executive Officer John Mack.
Iowa Republican Senator Charles Grassley, the chairman of the Senate Finance Committee, asked the GAO to examine the SEC's "planning, oversight, control and other management processes" and gauge whether the agency does enough to oversee regulators at the New York Stock Exchange and NASD, reported the wire service. Grassley, who has questioned whether the SEC gave Mack special treatment, asked the GAO to assess how the SEC tracks investigations, the amount of time the agency takes to complete them and its "reported success rate," according Bloomberg.
Grassley also told the GAO that he wants to know how many referrals of potentially illegal trading activity from U.S. exchanges "actually become part of a regulatory action, he told Bloomberg. "Based upon allegations I have received over the past few months, I have become increasingly concerned regarding the operations of the SEC, and whether the SEC is faithfully adhering to its mission" to protect investors, Grassley reportedly wrote in one of two recent letters to GAO Comptroller General David Walker.
Critics have questioned whether the SEC backed off from speaking with Mack over a probe of Pequot because of his political clout. The issue was raised by Gary Aguirre, a former SEC investigator who was spearheading the Pequot case, in testimony before the Senate Judiciary Committee in June. "This Aguirre story will leave a coating of dirt unless it is probed and washed away,'' former SEC commissioner Edward Fleischman told Bloomberg." It will benefit us all, and it will ultimately benefit the SEC, to have the GAO go through all of this as an outside observer."
"We welcome the review and look forward to any recommendations that might follow," Walter Ricciardi, a deputy enforcement director at the SEC, told the wire service.
GREAT POST!!!!!!!!!!!!!!!!
I am happy for all of us that stuck it out!
It looks so typical that once the news reaches us that is when the selling stops. I have seen this BS so many times. The problem is predicting the bottom and with help of the likes of Midas, and others we may have found it!
I WONT sell for that price ....thats nuts!
Sounds like exposure to their products!
Set up a GTC order ....
for 1.2M shares @.02. Keeping these shares out of the hands of the Shorts!!!!!!!
It seems like from other stocks I have owned in the mining/oil field business that these stocks tend to spike and that could return 10-20X from current levels so for me anyway I would not sell ATLEAST until then but with this stock, it has multiple mines to haul from so I am not sure how long I will stay but for a while anyway! JMHO!
Thanks for all the DD, just added enough shares this morning to put me into the +1M club. I just hope this works out for all of us!
Why, because of lawyer costs, loss of revenues what?!
Just picked up another 500K at .19. I hope that was a good move?
Thank you, Thank you, Thank you!!!!!!!!! The picture is getting ever so clearer!
Hey now a days with this stock I don't know what to think but that post was a funny break in all this stuff we are sorting out anyway!
RMP, ....
.... I am guessing that we will see some revenue Pr after end November. You mentioned the 60 day initial cycle. Does that give us numbers by then?
GREAT!
I had to laugh to that one, true or false!!!!!!!
Hey Hawaiian....
...... you can check it out too on bigcharts.com. Just set the chart up on daily intervals for one year and pick the indicators I mentioned. Anyone could do the Googilymoogily!