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I got in @ 16.50,'opening day'. Missed the start of the day jump to $19.23, today, but sold some yesterday at $19.06. Low volume today. Hopefully, this will translate to a good day Monday with just about everyone holding their shares!!
NO divis here either.
SOLD mine for $.00097 per IQD.
Yes. Read the article again. The Iraqi Central Bank will raise the value of the IQD to 1,000 = 1 USD... this will allow for the deleting of three zeros from the current IQD in order to have 1 IQD = 1 USD. Connect the dots. :)
"...especially with the assurances of the Iraqi Central Bank study revalue Iraqi by deleting the 3 zeros from the nominal value of the current, and the U.S. dollar equivalent of one Iraqi dinar."
I believe this will be discussed again in June of this year.
Good idea cableguy. That may be what has to happen. Trying to go out on my own into business (health insurance auditing...I have 20yrs exp) and the cash is needed there right now. Banks are STILL NOT lending to small start-ups.
After reading MOST of the posts regarding what the Dinar may (or may not)do in the near future, I am confident that if I were to post my Grandma's receipe for banana nut bread that IT would be equally relevant. :)
I have Dinar that I am going to unload soon. I need the $$ to help me elsewhere.
Maybe I miss the "USS RV" ("HMS RV" for my British Commonwealth commrades), but right now I need the $$.
Maybe, I can buy these lottery tickets at a later date.
General Dinar discussion board question:
The US 'greenback' (as we know it) has been in print since the 1930s.
Why isnt the US swimming in Trillions upon Trillions of worthless paper currency like some say Iraq has due to its over-printing and is doomed to have for the forseeable future?
I got my hand in a bush... err... something like that.
However that one goes. :D
Just throwing this out there:
Wouldnt the Iraqi Government simply destroy as many dinar as needed to get their monetary supply in-line with any revaluation?
The US Federal Reserve 'calls' for our paper currency to be collected at Reserve Banks for this very reason when new dollars are issued. I think the expected life-span of a US $1 bill is something like (up to) 1 year...and a $50 or $100 bill is only expected to 'live' for about 18-24 months. They are burned. Otherwise, we would eventually be getting dollars in our change that resemble tissue paper.
So, Wouldnt this be a way for the Iraqi's to simply (in effect) perform a "stock buy-back" of their "outstanding shares"???
There would be an exchange period for new Dinars, just like what happened with these DeLa Rue printed Dinar. There was an exchange period for the previous Swiss-made notes that were present during the Saddam era.
I do think that if the current US Dollar was honestly revalued it would only be worth about $ .62. The US has been able to keep a high valued currecny based on credit and industry potential for many decades. An advantage the Iraqi's will have is first based on their oil and then other industries as tangible assests that the US lacks.
wylde1
Yes. I am holding long as well.
I am equally interested in the events shaping up in the Middle East, concerning this type of stock.
I fully believe that WHEN Israel attacks the nuclear sites in Iran that will send the price of oil skyrocketing again. I bet there will be "stimulus money" flowing out of DC toward energy projects then. Our current government is reactive...not pro active.
But odds are this will most likely take place before EVFN has a chance to get into position to take full advantage of the re-focused need for bio-fuels if they dont get a 'shovel in the ground'.
My 6 cents worth. :)
ZECCO hasnt updated my account yet:
Symbol Company Last Change
$ %
Day's Gain Quantity Avg Price P & L % P & L Market Value
EVFLXZ $0.00 $0.00 0.00% $0.00 32,000,000 $0.00 $0.00 0.00% $3,200.00 Trade Details
So, I believe it when others are stating the same.
Maybe, the accounts are being updated sporatically.??
See my earlier post of #42620.
Its a notice I received from ZECCO explaining the situation.
ZECCO hasnt updated the ticker symbol or share amounts yet.
I received this email from Zecco explaining why:
Dear Valued Client,
Please be advised that the below securities have recently gone through a corporate action. However, until the Direct Transfer Company pays and delivers the new corrected amount of shares to Penson (our clearing firm), the securities will not be able to be sold online. If you need to place a “Sell” order for one of these positions, please feel free to contact us right away and a trader will be able to assist you. Thank you for your understanding.
REVERSE SPLITS
OLD SYMBOL NEW SYMBOL TERMS
EVFL EVFN 1 FOR 600 R/S
MGOA MGON 1 FOR 50 R/S
ADVIF ADVVF 1 FOR 8 R/S
OSUMF ORSUF 1 FOR 10 R/S
VOGMF VANTF 1 FOR 6 R/S
PTPSF SALZF 1 FOR 2 R/S
Please feel free to contact us via email, chat or call us at 877-700-STOCK if you have any questions or concerns.
Sincerely,
Margins
I am sure this is why the other brokerage houses havent updated their information as well....wylde1
Ive learned two things from this stock:
#1 Just because someone speaks with a British accent it doesnt mean they now about money or finance.
#2 When a 'CEO' states anything like, "Its a good time to invest in our company"...RUN!!
Thats what Im gettin out of it. :)
There has to be more of us.
Id feel bad being the only one making millions.
LOL
Cant really rely on charts for sub-penny stocks so the Zodiac is just as good.
I wonder if the Mayans have a calendar for this stuff too, like the 2012 deal...?
WOW! Interestingly enough, since the calendar is now in Sagittarius MSN had an overview of the sign. The sign is 'ruled' by Jupiter! My birthday is Dec 19th....Sagittarius. This may be all the DD I need to stay long after all! YEEEE HAAAAA!
Ive had 12M since July, and added 1M in late September. Though, I would like to see positive movement ASAP, I have gone this long without needing the funds so Im staying long. My luck, Id sell at .0001 and in a couple weeks it would hit .005 or better. :(
If you are referring to posts in the 20430ish range...I think the site is a hoax. No official site has that rate. I am sure the rate would be all over the business news channels too.
I was impressed with the new business that is sprouting up in Iraq.
I am more than hopeful that the IQD will equal the USD merely based on their oil output alone as the worlds' demand for the stuff increases.
Last time I checked Afganistan's currency, it traded at roughly $ .02 to $1 USD.....Right now the IQD is roughly $.000854.
I am looking for any and all information to pass along. I understand that the UN and Iraqi economic officials are meeting Nov 23rd-24th to discuss various things.
I would be totally stunned if their currency went from $.000854 to anything near or over $1 'overnight'. I would expect to see something like $.005 for a while..then $.01 and then $.05 for another while....Like stocks.
I am no economist though..just my opinion.
*** CNBC 8pm EDT Fri Nov 20th ***
Not sure what it will really tells us about the specific topic we are all waiting on, but Im going to watch. Erin Burnett & Gen Petraus will be talking about Iraqs' recovery.
This info was posted earlier. Im just too lazy to go back and find who posted about this TV show to give proper credit. :)
EDIT: Marcelno was the one that let us know.
Thanks Norton1973.
Yea..I know!
Im sure there is a law against it.
Might end up on some law enforcement "dong offender" list.
;)
wylde1
Thanks for the heads-up.
ok, I was hoping I wouldnt have to resort to bribery.
I may have to intice my contact with lunch or dinner for the family to make the trip. :( ...since there might be a lot of driving around looking for the exact spot.
eh, takes money to make money right?!
NP..Hey, where did you purchase the dong at?
I am also interested in them.
Thanks!
Thanks, cosmicschool!
Lets get a shovel in the ground and get this going.
"Thank you,...come again"....Apu
Victoria TX is the closest place I have a connection. I will find out if New Braunfels is ever a destination and see if my ole co-worker can snap some pictures. I wouldnt count on it, but you never know. If you have an address that I can forward along, that would help matters and increase our chances of someone going there.
Thanks!
If I ever buy the Vietnamese Dong, this will come in handy.
NICKD123: Can you find that article again? Post if possible so someone here (I will try) can do some digging. I (like you) would like some definite verifiable steps to this Dinar deal. Thanks!! :)
Ah! Just read ahead to your #20457 post. I will look.
Nice! I have a sister that lives in Plano TX. I asked her to periodically go by there and snap some pictures for me. When I get 'em I will post them too. :)
HEY! That sounds alot like something DM would say! ;)
Yes, we are all responsible for our own actions.
I always have to read in amazement when people post questions asking things like, "When should I buy this and how long should I hold it to make some good $ ??", etc...
I used to read posts on this stock and others everyday, but it isn't worth the stress and waste of time.
I think checking on a sub penny stock every couple weeks or longer is about right....but, thats me.
I know everyone with some sort of L2 ability means well, but really... using a chart on a pink-listed stock that doesnt necessarily comply with reporting and almost always have a gagged TA? Besides, everyone knows that a double-triple-dog-dare bottom is the key indicator of the lowest point a stock will go. :)
The only thing that matters to us as shareholders of pinks is verifiable actions from the company....not rumors or hopes of rumors someone read some place...five years ago.
Oh, and the "I spoke with/texted with (insert first name of CEO)yesterday and he/she told me in strict confidence that ______"...love those too.
Like I said, I know everyone means well.
Yea...Im thinking at Friday's. :)
Needs to be even higher to get any airline trip involved.
I am the .0025...
10/29/2009 12:27 PM CYSG 575000 Buy $0.0025 Accepted
If it doesnt fill, no big deal.
Trying to add to my count at a low price or go after something else.
:)
12:16pm ->Yes! Its been a stare-down for a couple hours now...no blinking @ .0025.
12:17pm -> a trade @ .0026!
12:26pm -> New stare-down @ .0026...
Any guesses to what Jared's prisoner jumpsuit number will be?
That would be the best positive PR. ...334886
$.01?! I have all mine with a SELL order at $1.50. Im sure Ill have to refresh it in a couple more months. Just thought Id tie them up so they cant be borrowed.
I agree. Those sponge people have been whining for a few weeks now because of a SEC investigation and because of it are at #1.
WELL! Be a team player and raise your BUY to $.004 and keep this thing going! sheesh. ;)
Patience is key here. I am thinking that $10 share price will not happen until sometime much further down the road...right around Christmas!!
LOL I am kidding. I like the optimism though.