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Hi V ... How have you been?
I have been watching from a distance.
Ordinarydude ...What Link or statements expressing Lumbs opinions on FFGO are you possibly referring to?
It seems certain people love to either blame or give credit to Lumb for everything that goes on in life!
AIMHO
7-10-11 This may be a strategic 1st NSS dealing with preferred shares!
Wow Puppy is now giving buy recommendations! Its about time!
"hurry and buy! the 74 BILLION shares are going fast "
Wow somebody is very nervous about the .003427 cash divy!
Got FFGO!!!!!!
Mitshelton - Also when you put a sell order in a cash/margin account, my understanding is they can NOT borrow your shares.
Thanks V looking very good! IMHO
Janice - out of range is a relative term but you my dear were 1000% wrong by saying that you can not place an order at .01 or higher!
Janice that is BS ... I can set the sell price at any amount and the order will be placed in the system. I think you should be more carefull of your blanket comments on all brokers!
Also look at other MMs and some of the prices they show at the top!
Chase Great post
"How big is the company that is buying FFGO's Bouse and South Copperstone ?
The purchasing company is large enough to pay :
TOTAL = $971,146,000 "
Jahuel - It does have the appearance of a govermental sting. Otherwise, the SEC/DOJ would have shut this down.
IMHO
ezyy8 What it means is that how the asset is valued on their balance sheet - FMV - any premium would have to be classified seperate from the asset
V if Monday is D Day then today must be Frantic Friday "FF"
Hunter Like I said you are 100% wrong! IMHO
Sorry Mr. Hunter - I disagree with you 100%.
Chase - Great Post
Ordinary - I am amazed at how much you think the world revoles around Lumb! He must be a pretty powerful individual for you to give him so much credit for everything that goes on!
"Sounds like another excuse is on it's way from Lumb's "crystal palace"!
Hey Chas seems like our President is too busy playing golf, attending baseball games and concerts so he will not be signng the Financial Reform bill untill next Wednesday so FFGO will be delayed, too!
IMHO
Alan - from what I understand from Wednesday announcement is that the trap door has been shut and the green light is on!
So lets see what happens....
All in my humble opinion.
Overachiever link to your claims please!
"TUFF has verified that FFGO has no gold claims in La Paz county. This is a big scam."
Janice IMHO 9 million share trades are not normal reail trades!
Ordinary - I think V does a great job dealing with it!
It shows that deals are closing to purchase Gold & other precious minerals. Very relevant IMHO - I know that it will disturb a certain group of people but I have NO control over that.
Wink Wink
AlanC ...... FFGO & Financial Reform Bill on or b4 July 16th
Hello V ... Great job you are doing here protecting the fort under attack! Wink Wink
FFGO delayed up to 10 days ... Financial Reform Act enactment delayed about 10 days! Tick Tock tick tock!!!!!
TavyCal Thanks for your speculation
Whatdoesitallmean - I believe the extraordinary dividend would be treated as ordinary income from FFGO for US tax purposes.
If it was a liquidating dividend then it possibly could be a L/T gain based on when you bought the stock - 1 year rule.
Website back up looks like it is getting hit pretty heavily!
Davpar - looks like audit has been completed. I have asked the IR guy to confirm.
Texan...Let's say in exchange for the debt they agreed that upon sale of the company they would receive .001 per share as an example.
Newtrader - what if there were a restricted payment amount to those converted shares? No where near the .003+ per share!!!
Just thinking outside the box!
Puppy , Funny when I read your posts I can't wait to BUY more FFGO!
AIMHO
Puppy is that a buy recommendation?
Definitely not RETAIL trading specifically trades between market makers! IMHO
Brad what we are talking about are the hugh NON RETAIL activity trades between the marketmakers that is exempted from any reporting.
How do you figure that a billion shares can be put up for sale & swallowed up in a few minutes?
Paunch13 .... and paying a cash dividend in a short scenario is a very painfull experience. No wonder they are trying to bash this company into the ground.
"OUCH"
AIMHO
Ohlaws - You are missing the most basic point here. If 500 million shares trade in 5 minutes all in large 9 million plus trades, these sellers & buyers are NOT RETAIL shareholders. They have to be marketmakers trading between themselves.
If the SEC & FINRA were on the ball they would be looking at these unscrupulous marketmakers. But, no ... they countinue to look the otherway and let them get away with their illegal activities!
AIMHO
Ohlaws Here is where your claims are flawed.
You can't just dump billions of shares on the retail market!
Those hugh mega transactions were being scouped up as fast as they were put out there.
The only explanation for this is the illusion created by market makers trading shares back & forth to give the appearance of a dump and KEEP the price down!
AIMHO
Ordinary someone bought those shares as quick as they were put out there?
Amazing that they would be gobbled up that fast if this was a scam!!!!