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Hes always pumping with one hand and dumping with another. Hopefully he did so at a loss and is forced to buy higher or miss the party altogether.
I know - - I just turned 49 myself. As far as WOLV, if they are in business and cutting expenses, etc. and plan on staying around, this could be a good buy if you have some time to wait it out.
I think January 2007 - if WOLV still has an IR depytmaybe ask if they are planning to list with them. That might get this stock going.
Thats what makes it easy . . . use technology to make your life easier, for fun and profit !! Seriously at least look. Get yourself just a few trade buckets on Gainskeeper, enter some fake trades, make it as complicated as you can, and see how it figures it out !! Used by amateurs and professionals everywhere !! Endorsed and recommended by E*Trade !! It will change what and how you do things if you take the effort to learn and understand. Over and out. Ignored.
Wow. You are really limiting yourself. Anyone who trades a little better understand the wash sale rule completely. Try using gainskeeper.com for working out your Schedule D. You do have to pay attention to washes in December and January. I have made over 12,000 trades since 1999 and never had a problem. Its easy, but I am not going to explain it here.
Excellent bid whacking day today, a lot of work done clearing out those bids - about 400M power dumped, with 1-3 MM's left on bid. Another dump should take care of it. Then we will see the ask starting to fill with .0001's as buyer exhaustion sets in. Volume should peter out then just wait for the R/S. We are still on track for a new record between R/S. I got my popcorn ready, as T.O. would suggest.
Looks like we had a late day power dump of 100M shares at .0001, and the bid held steady. L2 at EOD shows .0001/.0002 16 x 7
IMO it would take maybe 500M shares dumped on the bid at .0001 to wipe it out. Tomorrow is another day, GLTA !!! ;)
Kind of reminds me of the movie Saw 3, where a group of unsuspecting people suddenly find themselves trapped in a house of horrors . . . 'Oh yes, there will be shares . . .'
Everything else aside tasti, anyone who comes in with an American Sheep report kind of reminds me of a 2 year old running into a living room full of adults, naked from the waist down, dribbling pee-pee all over the place. Not bashing or pumping, just calling it like it is.
Well yes but there were a couple of small forwards there too - we do need to paint an accurate picture. Its bad enough as it is.
You get people who think this is a new issue. Check out the RB RMNE board and read the last 20 messages or so and you will see what I mean.
IMO they just issued an S8 for 1B shares, already dumped possibly 250M of thaat, have 30B still authorized. Just like T.O. says, I'm gonna grab my popcorn and just watch.
laclede you are right, we are on pace to get to no-bid either late next week or sometime the week after. They have to r/s by November 17 to beat their own record of fastest time between r/s in the 314 year history of Wall Street.
It looks like the ask at .0002 is increasing as more of the .0001 buyers are trying to flip. Problem is they are contending with S8 selling at .0002 - and yes the bid at .0001 is beginning to crumble as buyer exhaustion starts to set in and the .0002 flippers start to realize their escape hatch is closing before the next r/s. Kind of sad to watch as another batch of investors get ripped off but LOLOL asnyway.
I think the OTCBB might have stricter listing requirements, though OTCQX and OTCBB appear to have similar reporting requirements, thought I haven't really made a detailed comparison between the two. But the OTCQX will definitely separate the more legitimate companies trading on the pinks from all the other 'garbage' companies. There are plenty of good companies on the pinks. The OTCQX will hopefully allow them to strut their stuff better.
Problem is WOLV went pink after being delisted so they don't have to file anything. I wonder if they plan on going on to the new OTCQX early next year. If so they will need to file financials. But right now they don't have to.
Just for the record I checked the Form 144 filings for SPZI and the one Strickland filed sometime prior to September 6 cannot be found any longer. The 144 may have been rescinded but I cannot verify.
Pretty light vol, a few buys at .0002, bid held up with 5 MM's at .0001, just holding, waiting.
LOL we have been holding r/s guessing contests over on RB where Nitetrade has won twice in a row. Hmmmm . . .
That might be it - they need to increase the a/s, and they could be sitting on news until they can get the shares to sell it into. So we need to wait for proxy vote, etc. but 10Q is coming as well. Seems they could bring multiple projects up to some advanced state of completion without finally turning on the spigot so to speak.
No Poker, you are reading it right, just writing it wrong. Just got back in the with same amount I sold a couple months ago. Lets see what happens. Somehow FANC has to be knocked off the ask permanently. No doubt in my mind he is pumping dilution. This stock has to be given a chance to breathe, maybe somebody is listening. And the CEO filing to sell shares sure went over like a lead balloon. Who cares what its for, it just looks like the guy has bats in his belfry by screwing around with his instrument of company financing like that. He couldn't have meant it. I guess its the season.
Ahhhh there we go . . . another S-8 for 1,000,000,000 shares filed. They should have enough ammo now to pound the bid possibly into oblivion.
http://www.pinksheets.com/quote/filings.jsp?symbol=RMNE
Not sure, but wouldn't mind seeing another power dump on the bid before the close today. We are having another pretty good day of dumping and bid weakening, with the .0002 asks starting to pile up. Nice work, Raven, keep it going.
L2 .0001/15 x .0002/5 v 162M traded so far today. IMO you will be lucky to get .0002 for your shares. Not bashing, but I have seen this too many times already. Hope I'm wrong . . .
Was just getting to the board, but yes it looks like we did !! Excellent day of bid hammering and they sure moved lots of paper !! Right now we stand at 18 market makers at .0001 bid, which is all there there is before we get to no-bid. It could take another 500M to 1B of shares sold at the bid to finally wipe it out, based on similar situations in the past. We do need to get to no-bid as soon as we can, time is ticking !! GLTA in the meantime ! ;)
I just wonder how close they really are to producing the plasma screens and bringing them to market. What is the process, and how far along are they. I don't know.
So it 'tastes like chicken' in a tobacco sense ?
I am wondering whether there guys got beaten to market. Check out PYCT Paychest and comment whether or not they have what looks to be the same thing ETLC has.
You know, so stupid you kind of get scared. I never thought I would genuinely experience that but it just happened.
Circ, this is kind of a window into the investors mind. Pretty scary, huh ? The only thing the company do now IMO is churn out numbers, numbers, numbers. And they will . . .
NOBO = mo momo. No NOBO = no mo momo. Hope that helps.
They made some good progress today in hammering down the bid, with the help of some savvy investors who are coming to realize they will be stuck with ZILCH unless they get out fast. Once again it looks like these guys have a chance of breaking their own World Record record of 2 months 3 days in between reverse splits. This is a record since trading began on Wall Street in the year 1692 !!!!! Yes, 314 years ! You can help by dropping or pulling your bids ! I really do feel sorry for the suckered ones, but thats the market unfortunately. DO YOUR DD. There are lots of wolves in sheeps clothing out there, and they are lurking everywhere.
I know while Sandy has had some shady dealings, he has probably the best chance he will ever get to make one of his ventures work, the tragic death of Ryan notwithstanding.
Right. The most important thing is that MJ gets his (our) moneys worth. Accretive acquisitions, payment to manufacturers who I am sure will want some kind of payment upfront for the plasma displays, etc. Thanks to Stock Lobster for going the extra mile to set the interview up. Sounds like we have a vigorous and concerned no-nonsense CEO at work, committed to getting the job done ! Can't ask for more at this point !
Well it looks like we kissed the lower bollinger band again, we should get a good bounce off that. IMO part of the problem here is this stock got way to far ahead of itself and got branded as strictly a hurricane play, even though in the end it would not have mattered what kind of hurricane season we would have had. If the company wasn't as pumped as hard as it was we probably would have seen a smooth(er) ride to about 7-10 cents where we should be right now. Q3 should be very good.
Yep - there was a narrow window of opportunity but it has slammed shut. This is headed down the drain again.
LOL warm and soapy for Janice on Thursday ? Hope she will be wearing her Cons.
seeclear - IMO
"The NSS theory just does not cut it" - agreed
"1)Must for some past reason, hold a significant amount of PBLS shares." -
Yes even recently, I heard PA was giving the rights to buy shares at 50% to market, and those may not be restricted.
"2)Have had those shares beyond the time lines as stated as 'resticted' (5 years)." -
PA did not begin restricting shares for 5 years until 2004
"3)May be in need of immediate cash for 'whatever reason'." -
PA has been making deals with distressed companies, and distressed individuals, who may need money immediately and ongoing.
"4)May have 'grievance' or 'litigation' with or against PBLS."
YES !!! There may something going on with ProGas and hurricane related damage liability that on the surface looked pretty serious. Unfortunately I saw only one post on it (on Raging Bull) and everyone seemed to look the other way but mastercraft did acknowledge the post and seemed to have knowledge of it. This was many months ago.
"5) May be 'truthfully' out of their freakin'" -
a little of that maybe
"The "only" party that I believe fills the bill and is 'appropriately' motivated is "THE LAND OWNER" . . ."
I have seen bits and pieces of what you are suggesting but never have seen it all written in one place like this. It all makes pretty good sense, though how it will turn out in the end may be something stranger than we can imagine.
IMO the big problem is PA was way too loose with his shares in the past, and even though he is tighter with his shares now, the damage caused by old deals might be very difficult to repair. I really don't know how bad it is.
It was being shorted heavily late in the day (and covered before the close) when people started worrying about the 10-K not being filed.
The 10-KSB for the pre-merged Fronthaul - ok, but most likely that is the last time we will see an SB. The new company in the future will likely not have an SB designation.
Rufus might have had to throw something up there in a hurry. If he didn't do anything CSHD would have been flagged for delinquent filing. We could see an NT-10K/A (amended), or the 10K itself.