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Scottrade does as Scottrade wants. Usually not a problem with Sarrissa, but I have had a few instances where they wouldn't allow a trade at all! They have several triggers that stop trades. One is what ontaREEo mentions in post 816, a peak in PPS then a drastic drop. Another is disproportionate volume. Usually if you call in an order they will make the trade for you, but I have had instances when a stock was on a run they would not make the trade. This sucks when I am trying to get in at the beginning of a run to flip for profit, also if there is a drastic drop in PPS sometimes they won't trade either, when I am trying to get out of a position. Be aware of this if you are thinking of using Scott as your online broker. As ontaREEo says, they have told me too--we are doing this for your protection!!
I'M PUTTING MINE IN FOR A NICKLE.
ONTAREEO, WHEN SCOTTRADE RESTRICTS A PENNYSTOCK, I HAVE ALWAYS BEEN ABLE TO CALL IN AN ORDER. THEY WILL NOT LET ME TRADE ONLINE THOUGH. DON'T ASK ME WHY.
Thanks, Pdog
What is L2? Seems like last week. No sellers at these prices.
I could write reams on where we are vs. where we're going. Let me just say I believe the company is on the right path at the moment. We at this stage are only in our INFANCY! There is alot more to come to develop the resource into a producing mining operation. We will see the PPS rise and fall with the progression, as you know this has already happened. As GW would have said "stay the course" LOL and we as investors will recieve our reward.redrooster
I am an investor wth SRSR and have been since it was MGGV, I added to my position last week as a matter of fact. I also have a mining background. I don't know how things will progress in the future, but I think some of us are looking for instant gratification here and not looking at this mine as a long term investment. I would suggest if you haven't already, look at the progression of other mining companies that were organized similarly as we are. See their timelines and how they have progressed over time. One I would suggest is NAK, I am a long on it and have held a position for several years. Check its charts, the peaks and valleys, and the news releases, the ways the mine is progressing, you will see many similarities. There has been alot of info and DD done by the board members here that is extremely good. But alot of times I see statements that are coming from the heart and not from the information given. I like all the positive imput and cheerleading, but sometimes its alright to get another perspective on the business. GLTA redrooster
This seems to be holding up pretty well, considering most of the major markets are taking a pounding today.
If you prove the product and prove the profit, there is no trouble getting financing. That could be from the bank, another mining company, a non related to mining company, an investment group, a government. Sarissa is now proving the product.
Now that is real.
Thank you very much, now we'll see what the week brings!!
Filled. MG
Unbelieveable!! My Order placed above bid and will not fill! I am trying to accumulate but I guess not!!! Shares can't be that tight? Still holding 650K and I like the rise in PPS, but come on!
I have moved my bid again to the ask. .062 See what happens now. At this time it has not filled with Scott.
This has still not filled. I have seen trades below the ask go, whats up with that?????
Order in at the ask, .061x150000, not filling.
L2.... anyone?
Today we will see if the sleeping giant has awoke, or just stirred in his bed.
This company distresses me. Why is it that when I go to the sunbiz.org website http://www.sunbiz.org/ does this paperwork show that the company is inactive status? If it is why are the stocks still trading? Any business majors out there that can explain this to me? Have the officers manipulated the company in some way at to ultimately ruin the share holders investment? I searched all of the past history of the IHub postings to see if this "EVENT" was ever discussed, and can find no discussion of it. Around 9/25/09. post 9838 onward
HaHa drpharm, thats good. Walking heart attacks. My best hope is for the family to be buying back shares for a buyout or another pump and dump scheme which I would gladly see either happen as I could sell my shares at, about or above break even. Keep your sunnyside up.
Large block purchases -May 29,15M, -July 16, 31M, -Aug, 18, 21M, -Aug. 21, 15M, -Sept. 3, 66M, -Sept. 11, 40M (family?) -Sept. 25, 2009 Bell Buckle Holdings files in state of incorporation 'ADMIN DISSOLUTION FOR ANNUAL REPORT' this translates into "we as major shareholders do not want other shareholders to see the books." No more block purchases of stock until Dec. 31, 2009, probably a tax writeoff for the family as well as reacquiring shares. JMO
Over this past year, 305 M shares have traded to the upside. Of that about 250 M were large block purchases of 10 M or more shares. Those I believe were probably the family buying back. That would leave only about 100 M left in the float. Of that if you have multiple M and I have multiple M, we probably own 10% of the float and 1% of shares overall. You would think with that level of investment in a company the owner would be more receptive to us but alas, the captain, brian, and family have no concern for us at this time and would probably like to squeeze those last millions of shares out of our hands. Its only a waiting game for them. Someone once said that they were just a bunch of dumb hillbilly farmers, I don't think so! My opinion. Have a prosperous and happy 2010.
It looks like Rodney and Company had a little spare change at the end of the year and needed a tax deduction. They probably made a smart move and bought back quite a few shares for pennies on the dollar. If you check charts over the past year, there have been a few significant trading days where millions of shares traded hands and raised the PPS, only to see the price fall right back to its old level or lower within a day or 2. Only limited and sporatic activity on this pink. I presume this to be the family buying back the shares at bargain prices, that they sold to finance the new production facility. It was a private company before the financing was required for this acquisition and the family may wish it to be held privately again. Public funds and incorporation were a means to an end. By witholding information and financials about the business the primary shareholders, "family", can hold the price down just because most people have lost interest in it. This is contrary to the company bylaws which require a yearly accounting of the financials at a minimum. If no one is watching you though, who cares? If this were my business I believe I would be wrapping my arms around the public that allowed me to increase my wealth and grow the company. It doesn't appear that this is the business plan for the Simmons family at this time. I have written the attorney generals office about this. I don't know if there will be any action taken. Just my opinion.
Some more thoughts.
All my buys and sells HAVE went through.
Someone is buying in spurts, if you watch L2 and see what is available at what price, you can accumulate nicely. Wonder who is doing that??
This is a pump and dump, as are many. When the company has bought back as much as they can at a certain price, I expect we will hear some news. The Simmons need another farm or 2 maybe.
MMs are not going to play with a Pennystock that only makes them pennys, they want thousands and more.
Why bash a stock that is finally moving a little, I will play with it now on the cheap in hopes it does make a run, and a little cash to boot.
Don't let your poly-wog.
In my opinion.
I Set sells for 8-12 and buys 3-4. It doesn/t churn much, but when it does, the butter is sweet.
Hey there buckle bashers, remember me? I still am holding millions of shares of this outfit and accumulating at the same time. Someday I'll have enough to walk in the office and straighten the Simmons family out. Until then hold down the fort and don't let your poly-wog!
I've had a small order in for the last 15 min. 5000@.1 and it doesn't fill whats that about? filled as I wrote.
5000, at .17 one si mine,but it hasn't filled yet.
maybe we could start a srsr mutual fund for them
thank u
l2 please
If the Simmons wil kindly send me 30K of product at wholesale, to cover my investment, I will try to retail it at a small profit over the course of the year. Then at the end of 2009 I will hopefully break even.
150M shares=50K no big deal
Diamond in the rough, OR a pig in a poke, OR cat in a sack!!
RODNEY, BRIAN, BRANDY, GREEDY SOB'S, I WANT MY MONEY!! I HOPE YOU READ THIS. I INVESTED FOR GROWTH, NOT DECIET. YOUR'S IS COMING, BAD KARMA!!!!!
The instrument that is dropped into the hole to check, "the log", requires a 6" dia. hole min.
As I stated, someones mistake turned out to be your good fortune. This is the first and only time that I have heard of retail makeing any profit from this kind of error. Great for you that it happened. Good trading, glad you broke into the green.
Obviously you will not get an answer. There was a spike (2) on the chart. Scott won't even let you put in a buy or sell order that is to far from the ask. May have been a glitch, someone put in an order, and forgot to add a zero. If that happened, the mm's would have sucked up all the profit themselves and retail would never see a penny. IMO
I expect the PPS to freefall this morning with this great news. I'm glad I got out in Mar.
Does anyone on this board know if the A/S has increased? Is the company diluting, and where can I find this information for this stock and any other I may be watching. I have tried the SEC site but it is so damn hard to navigate, I have gotten nowhere there. Thanks