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LOL yeah I don't know - after QBID I think I have seen everything. It sort of looks like we have an investor vs. trader feud and I think for the moment we have a sort of a pump-n-dump squad thats going to try to play the news.
I think shakerz pumped the stock today in order to finish selling out. I think he is all out now. IMO if anyone tries to pump this he will be running into everyone and his cat trying to sell to get out. It seems the company has been diluting the hell out this stock but I can't prove it. I am long with a .0026 average, but willing to wait a bit.
OT: Madvillain - FDA orphan drug status is pretty much a secondary issue with XKEM at this time and not the news everyone is waiting for anyway. It was a pleasant surprise and it made a few people jump but thats not where the $$$ are going to come from.
It doesn't look like you did any more than look at the latest PR and the chart.
BTW I have to wonder now if the next SPZI run is going to be manufactured, perhaps without the companys knowledge.
Maybe that may prompt them to say *something*. Will see.
royal - do you have a link to the Yahoo board ? TIA
(update - reposting from RB) By: finbar9
07 Jun 2006, 11:29 AM EDT Msg. 10220 of 10220
(Msg. is a reply to 10219 by sixtynine25.)
anyone still here? watching pacer. long shot but may get interesting yet - any recovery for equity could only come from success with causes of action but they have a few with merit and they have stated in court several times now the intention to pursue them - against mgmt, against the former auditor, against former legal and against D&Os and the D&O policy (5 mm).
In a word, yes but I can't prove it.
IMO ARCA was selling the (too cheap) free trading shares. I think we are in the late stages of working through them. I also think thats what killed yesterdays rally when they tried to sell too much too quickly. But if we keep up with the good volume we will be ok. No problem there.
I noticed ARCA moved their bid from .019 to .021 and is sitting at .027 ask. Thats where the next battle will be held IMO.
There is a gap between last Fridays close .016 and Mondays open .0214 - that gap sold off to .0191 in the first few minutes Monday, and funny that is also todays low. IMO buying pressure is too thick for the gap to fill at all. To me its not important anyway. I have seen many gaps go unfilled. IMO those who have buy orders in the gap are getting stepped in front of and will come up empty. Thats not wishful thinking, its just what I believe will (won't) happen.
Shee ! Well another test for weaklings pull a few more out. Can't go on a Moon mission with a bunch of weaklings !! Lets go.
Looks like .02 holds - weaklings flushed !!
If they don't keep pumping dilution then yes. I think they tried to move too much paper and they exhausted the buyers (for today). They need badly to let the market run.
Is it wrong ? I guess not but I am not a priest. Maybe it is just a little sinful if you were raised in the Puritan Way.
IMO you might have slim chance to pick up in the high .01's but the opportunity will be brief. You probably should have your order placed well in advance.
Don't let this scare any of the other longs out there because the buying pressure will be too ferocious for us to be down for more than a few minutes. Too much is going on with this stock.
French is a filthy language. Quebec should secede and close their borders.
Is the company diluting - they have to stop it now.
This will help Pink Sheet investors
to at least try to make a level playing field.It would be a big advantage seperating the I will's and the I wont's.
The Pink Sheets - A New Sheriff in Town
Investor Information
If you want something done right, how do you do it? Yourself, of course. The Pink Sheets are taking their cue from that old maxim by creating a multi-tiered system that offering a new service that will allow strong companies to stand out from the masses.
The Pink Sheets are often thought of as the Wild West of the stock market, the place where companies go when they are not welcome elsewhere. The system has been misused by some unscrupulous promoters and unworthy companies – but it also has been misunderstood. After all, the Pink Sheets are a privately-owned business, not a regulatory or self-regulatory organization. They provide quotations for almost 5,000 stocks, most of which are not listed on any regulated stock exchange. Yet regulators seem to give the system short shrift, focusing their energy and resources on large cap companies and blue chip corporate scandals, while ignoring Pink Sheet stocks.
Disclosure – or its absence - has been a distinguished Pink Sheet companies from their counterparts on the New York Stock Exchange, NASDAQ or the OTC Bulletin Board. Pink Sheet companies are not required to file public reports, unless they choose to do so. That means investors generally have not had access to independent, meaningful information about most Pink Sheet companies and have been forced to rely on press release and promotions that, all too often, are misleading or inadequate.
Now the Pink Sheets are giving companies an incentive to change those parameters. The Pink Sheets recently announced the introduction of OTCQX, a multi-tiered premium listing system that will give serious companies an opportunity to distinguish themselves. Companies that elect to be listed on OTCQX will publish quarterly and annual reports, provide audited annual financial statements, provide information on management, and disclose material events. Management will be required to certify the companies’ reports. Issuers that would qualify for a national stock exchange, and trade at over $1 a share, will be eligible for admission to PremierQX. Issuers with audited financials that do not qualify for PremierQX will be entitled to listing on PrimeQX. International companies will be separated into two categories on a similar basis.
Shell companies, blank check companies, and special acquisition operations need not apply. They are not eligible for OTCQX listing.
Cromwell Coulson, president and CEO of Pink Sheets LLC, explained the rationale for the new system. "OTCQX will provide a compelling alternative for those companies that wish to provide their shareholders with the liquidity and transparent disclosure of a premier OTC listing, but in a more flexible regulatory environment that is suitable to the needs of smaller and foreign issuers," Coulson explained. "OTCQX also effectively raises the overall standard of OTC securities as a viable investment vehicle by enhancing the quantity and quality of disclosure they provide to investors.”
Companies and investors will share the benefits of this system. The costs associated with Sarbanes-Oxley have caused some smaller companies to reassess the viability of listing on traditional exchanges. OTCQX will provide a less costly alternative, while preserving disclosure standards that create credibility and reduce the potential for abuse and impropriety. Investors will benefit from increased transparency and access to independent financial information.
OTCQX will employ a “gatekeeper” system to assure compliance. Each listed company must appoint a “Designated Advisor for Disclosure” (DAD) before being admitted to the OTCQX. DADs, who are expected to include securities attorneys and investment bankers approved by the OTCQX, will be required to participate in preparation of the issuer’s disclosure statements. Perhaps more important, they will be expected to prevent issuers with inadequate or inaccurate disclosure from joining the OTCQX.
The OTCQX will give investors information on participating Pink Sheet companies that has not previously been available on a systematic basis. And what of those Pink Sheet issuers that do not choose to participate – a number that is likely to reach into the thousands? Investors should have no trouble distinguishing the recalcitrant companies. The Pink Sheets plans to affix a skull and crossbones logo to the listings for those companies.
Could be - the share structure was put in place perhaps with the idea that we would have hung on to more of the 'pumped' 2.20 price or thereabouts. While we can still get to required market cap, share price, etc. the road could be longer than anticipated.
Granted - that could happen too, though depends how much time, and other listing reqirements, etc. Maybe !
in order to list on a higher exchange
My first impression is a reverse split in order to list on a higher exchange might be in the cards.
pigs - .012/1 x .014/1
Also I am sending you another email address for your REM update, as I am still interested. TIA
I would suggest going to the QBID board on RB and read food.fight posts - he is digging up some pretty interesting stuff.
Right. I still think its Dr. Evil. He is either given a canned response or message of the day to various inquiries that may or may not have any connection with reality. And Dr. Evil just loves that.
LOL you know, it probably wouldn't hurt to have us confused with something else at this point. Happens.
OT: I am not Rick - sorry.
Another theory is that gap filling is akin to a random drunken walk. You let a drunk loose in a room and he will stagger around, and inevitably will in time, cross his own path.
One theory is that there are unfilled orders (buy or sell) that lie within the gap that the market makers want to clean up. The markets in general will tend to gravitate towards unfilled orders, all things being equal.
Well stated. I would add that T/A works when there are true market supply/demand dynamics in effect. The OTCBB pinkskeets in particular do not operate in this manner, though many will still try to apply T/A. Naked shorting, dilution, etc will throw charts out the window. Then the charts only become as effective as people are willing to follow them (the self-fulfilling prophecy effect).
This is true - lately I have had trouble gauging my own reaction relative to the market. As the saying goes, 'The market can stay irrational longer than you can stay solvent.'
But know also that standard measures of a stocks value have less meaning on the exchange NDOL is trading right now. On this exchange trading (and market technicals) supercede investing and company fundamentals to a much larger extent.
Or a counter offer made for the assets. Remember North-West approached Nord with an unsolicited offer. Oh theres that credibility issue again.
'Maybe the company will realize it not worth it and do the buyout or reverse its course of action.'
You know if there a substantiated rumor that the buyout was going to happen after all, this stock would explode. But I think it would take an 8K this time (wink wink).
Get busy now, all you Parkin email fakers !!
IMO just the suggestion that the company would trade at .25 with a P/E of 10. A low P/E is also a reflection of uncertainty and lack of credibility, which there is plenty of right now. As uncertainty is removed the P/E will rise with the share price.
No the DD is not complete if you are trying to get more information !!
Whether you realize it or not, you just gave everyone a gigantic reason to sell, and quickly.
Unfortunately, we are on a traders or gamblers exchange, where DD is of only secondary importance. True investors also need to have a speculators mentality here. Not to say that investors can't succeed on the Pinks, but the road is much more difficult.
Exactly. This stock is (or has been) in the hands of the pump-n-dump squad, and most may not even know what the company is or does, or even if it really exists. They (but not all) will do anything, say anything, suggest anything to induce volatility. Price volatility is their only agenda.
Posted by: jjwfuhrman
In reply to: None Date:5/12/2006 10:48:52 PM
Post #of 8948
HELP!!! Somebody help me!
This is a terrific company with very impressive reserves. The mere news of this merger should have drove the price per share up measurably, Yet, why has this stock gone down nearly 50% in a weeks time? Why? I can't figure it out. John
Thats it !!! Its Dr.Evil - I knew it . . . damn he is everywhere.
I guess my years in the market (and in telcom and email administration) have made me cynical. All conspiracy theories etc. aside, I would still consider all what has happened here in the market for this stock as 'normal'. More or less.
I know how to decipher it, but can you be sure it is Parkin, or even anyone associated with him. This is what I am getting at. Everything you can show me can be faked.