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No thats fine. I don't think we have seen evidence of the company selling yet and I don't want to be around as a mod and part of a P&D squad when that starts happening.
Florida, there will be a symbol change which we might not know until the day before or the day of the r/s so be aware. The name of the board should change with it. I enjoyed having you around in this, the 6th incarnation of Raven Moon stock. Come back and join us as we watch the 7th. I understand they will be r/s'ing the authorized shares, but that does not prevent them from increasing it at will. Quite honestly, things could work a little differently this next time around but I expect the end result to be the same.
Just goes to show you there is still a lot of 'dumb money' out there in the market. And just watch, there will still be some buyers between now and about March 8. All those people (and everyone else) will see their shares reduced by a factor of 4000, and the shares will almost immediately drop perhaps 80% or more from their post-split price. It is a marvel of modern finance. So Joey, Mr. Reverse Splitting CEO, for all you do, this Bud's for you. Clink !!
I have nothing at stake here, at least not yet. I think you would need that to be a good mod, unless I was to be a professional mod like someone helping out Matt. I still reserve the right to be critical about other mods though, just because they are there.
It is a gut check, you really have to know what is going on and believe in what you are doing in order to stick with it. I have been just as convinced before in other companies and stocks which ultimately failed.
LOL in a word, no. But really I haven't been too surprised at what has been going on. But to have a I-box with nothing but the company website URL, the O/S and float and a couple of charts just tells me this is pure P&D and no one really gives a feck about the company. At least fake it, a little.
LOL I guess - everyone has their own style of trading, if it works for him then I shouldn't be so critical.
Thats right. And the mod can't even post minimal substance about this company. Get something up there, mod.
I lived in Paradise, Nevada (within Las Vegas) most recently. I am on the road now.
Possible. IMO they might have landed an angel investor to clean out the 504 and buy and finance, perhaps in exchange for a certain percentage of the company. True the common shareholders slice of the pie shrinks by a bit but it had to be done. IMO again the angel investor is someone on this board. Thank you angel investor BTW.
Florida, it doesn't matter now. You and everyone who is holding just got fecked. So sorry.
RMEI - (PRE 14C) 1:4000 R/S effective on or about March 8, 2007 2/15/07
http://www.pinksheets.com/quote/filings.jsp?symbol=rmei
Severe bearish market conditions in the penny and subpenny market in general. A lot of rallies are getting sold back everywhere. Good that we held in the .0020's -
BUT
I think the chances of an out of court settlement have now increased and IMO some kind of surprise announcement will be made in the near future.
allie, I wasn't going to butt in here but as more and more restricted shares keep being given, the common shareholders slice of the pie gets smaller and smaller. How small is it now compared to a year ago ? What is our fully diluted share count ? Who knows ?
You got it, USF. if you see a long green candle in the making, get out that day if possible or sell at the open. Worst conditions I have seen since spring-summer 2004, now that most of the stupid money has already been taken out of the market.
They are just p.o.'ed and are throwing a childish fit. Some people place too much emphasis on self when in reality they don't make a difference and no one gives a feck anyway.
I just hope to g*d that its not something like mn1.com or some other pump-a-fluff internet radio show or something.
Money has become too fast now, does not want to wait for anything. Maybe the .065 guys are right. But since they telegraphed their intention I will step in front of them at .067 - long term nothing has changed though. But any kind of flies in the ointment, real or imagined, and people start getting nervous. But at this point you either believe or you don't.
Interesting. Well if that gets to be a problem I might to need to use Alphatrades L2 until May. Or go with a free 30-day trial of Microcap or something. Or I might just call E*Trade and make them read me the L2 from time to time, on anything I can't get.
LTG you mean the new release of Market Trader ? What about Power E*Trade Pro ? I am using the new release now and no problems with Power E*Trade Pro. Not sure what you are getting at.
Wow interesting action today as this stock takes off spontaneously in mid-day ? Would expect to hear something from the company otherwise this looks like some kind of group run P&D play. Good luck with all that, hope it works out for everyone. Should be fun to watch from here.
Most likely that was a trade during the day the the MM is just reporting now. Just squaring the books.
Thank you.
I'm doing pretty good right here, thanks. Whack those .042's . . . yaaaaaa crackkkkk !!!
They are trying to reset the kool-aid indicator.
Exactly. Don't buy into the hype. Let the market come back to you. It always happens.
True this is a market and its participants are in a constant state or War, and we cannot let that idea slip for a second.
Actually the company could have presold a block of shares for services and now its those entities who are dumping the shares.
So the company can be truthful in saying they are not dumping. In fact it usually works that way.
And CLYP at .09 is a concern to me. He makes a pretty good scarecrow.
In time - you can't blame me for waiting if I believe I can get my price ? Its just good trading, thats all.
You know the .042 - .049 flip could have been done pretty easily just now. Will see how much the momos money gets wasted trying to bolster this. Another visit to .044 then maybe a pick up there, or consolidation in the mid .04's and will see. If I miss it, oh well.
NOT YET.
Chart Fart - you can tell the chartists really laid an egg on this one. Watch out for CLYP who could be forced to come down from .09 selling into strength. Good thing I pulled my buy at .057 - avoiding losses just as good as taking profits. Could be a shaky buy here maybe. Make money.
LOL np.
Keep harping ? I only mentioned it once. Look at the chart - it happened in the middle of the day. Probably a fat finger trade, though but it shows up in the daily candlestick. You can see how hard this is getting pumped on the boards overnight. Who knows ? The story looked good, lets see how things play out. I have no crew, BTW.
Hard for me to say, sorry. I don't know the company that well. But the lawsuit is worth .015 to .03 a share supposedly with the current o/s.
I don't know. I am sure they will be busy turning up production on their new wells if they can get control of them sooner rather than later. Otherwise things will be kind of slow if they have to wait for a jury trial for their lawsuit. They have a lot of marginal properties otherwise but hard to say just how fairly valued they really are.
I guess we will hear whether there is going to be a settlement out of court, or if the matter goes to trial. My own take is there will be a settlement but the momo stock players have already gone to other plays and will end up chasing this up for a quick scalp if the news is good. If this goes to trial we will have a few more months to wait and I could see this drift down a little in the meantime depending.
Maybe not . . . been watching for a while and I guess I will just keep watching. The longer I wait the smarter I get !
No and if we saw revenues from share sales that would tell us there is more than just the 504 at work here.
Is that what is finally happening here ? CD ?