Exposing Pump and Dumps - All my own opinions / not financial advice
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The commission associated with buying at 0.00000001 isn't worth it.
LOL find me a stock that was delisted and then relisted. 100% of things that are delisted from PINK to greys are frauds. Keep telling yourself that you bought a real company when you didn't.
Never coming back. This company has been a scam since they had the massive promo. I mean 99.99% of all companies that have massive promos are frauds. Is it any surprise to any of you that this is any different? Seriously. I mean I haven't been saying this since May or anything....
Nobody is naked short selling this. Short interest is 0.00%, short ratio is 0.00 come on people stop pointing fingers and accept the fact that you didn't do your work and got scammed....
HAHAHAHAHAHAHAHA. I have been posting since May about this being a total fraud and finally it comes out and the stock is halted by SEC. Amaaaaaazing. As I said 4 months ago, I'm a pro. I do this for a living. This is an outright fraud.
Time to find that borrow!!! Looking forward to making another 77%!
Time to sell fellas.
Awesome that they post a "monster" June sales number but the stock spikes then falls back to recent lows? Doesn't this scare you?
0.0032 on its way to 0.0002
According to your posts you be buying everyday since April 20th, which would make you down 75%+ on each incremental dollar invested. Nice! I, on the other hand, have been posting about one company since May and its down 75% based on the typical pump and dump model that is KMAG. KMAG will be at triple zeros before it reaches cents.
I thought that was the catalyst for last Q, isn't the stock down 70% since Q1 blowout earnings at 15% since their update for May sales? I think this game is and has been over for a long time now.
Why does anyone care about PR. It spikes the stock for one day then the next day it is making new lows again. Please someone tell me why everyone is still so excited about it when it's making fresh new lows AGAIN today?
Yes 0.0002 is where this is going. Still waiting to hear someone say they know the Chinese company that is using them or have 1 customer confirm that they use KMAG's RFID technology.
There is 0% short interest, why do you consistently say the shorts are driving the price down? I don't understand.
KMAG reports sales SOLELY in the month of May 2012 of $935,000 surpassing all of 2011, but is still down 80% from April. Why have you guys not given up yet?
LOL someone do a background check on him please. He's pumped and dumped twice now in the last three years. Also, someone confirm this "Chinese supplier" please.
LOL if only it didn't have a 5000% margin requirement I'd be ADDING to my short. As for PPE, funny that a company that has a shady background has IP that the "Chinese are using." Anyone ask JR which chinese companies are your customers? Didn't think so. Anyone ever been to Asia and seen how much they care about IP? Come on. The writing's on the wall! Lick your wounds and get out of this pump and dump. Or continue to delete me messages without answering my questions. I prefer someone answer my question of "does anyone have confirm of any of their customers? Also, anyone do a background check on JR?"
Thanks
Brian
Time to get out. I've posted for the last month and it's down 75%. The pump is over and we're in a continued period of "dump". Just look at the chart, it's so obvious it's funny. Next stop 0.001, or where it was before the promo began. I've stated exactly what was happening for the last two months. Call me the prophet if you would like. Or watch Boiler Room once and you'll get it. Ok that's my post for the day. Cya tmw
Let me give you simple reasoning why it is going down?
A) Massive dilution
B) "Real" customer has never heard of him
C) Promo guys have made their money and are out so this won't go back up passed 0.01 let alone 0.02
D) Financial statements are completely and utterly bogus. How do you create a product with no PPE? LOL
E) JR is a perennial failure. Just look at his stock price. Now he's given up and this is his last hooray AKA pump and dump!
F) Share buyback? Whatever happened to that talk on here? How is that even possible and how much of the FLOAT can he buyback with the small amounts of cash he has? There is a difference between FLOAT and TREASURY stock btw. Also, if he was soooo confident in his business shouldn't he be invested every dollar into it not buying back shares?
H) Watch boiler room
Good luck out there. Get your money out before it drops ANOTHER 75%
Short interest at 0.00% according to my bloomberg terminal (not bloomberg.com, this puppy costs 24k/yr), nice try blaming the "shorts" though. I tried to short and you have to have 5,000% margin. That'll eat up too much of my buying power even if, excuse me when, this KMAG is a zero. See below. Also, it's called a terminal, not a machine
http://en.wikipedia.org/wiki/Bloomberg_Terminal
LOL. I've been posting here for a month about sell this pump and dump!!! Watch boiler room at least people, I mean come on! I called JR's "one customer" and they had never heard of him or his RFID technology. It's so sad to see a literal transfer of wealth from unsavvy retail investors to criminals. How many times can you believe "buying another milly", "KMAG is gold", "KMAG to the moon! WEEEE" Honestly...come on. Get out while you still can. And as for "shorties" message me and I'll send you the BLOOMBERG TERMINAL shot that shows short interest at 0%. No, this is not bloomberg.com. I work at a hedge fund and pay 24k/yr for a bloomberg terminal. Google it.
How do I post an image?
Thanks
Short interest at 0% according to my Bloomberg so can't blame the shorties. Happy to send the screenshot to anyone that doesn't believe me. I've been posting here for a month now about how this is a classic pump and dump and JR is nothing but a scam artist but nobody has listened. Just so nobody can remove my post. KMAG to the moon! WEEEEE!! Great support here. Long-term holders will be rewarded. KMAG stock is like gold!!! WEEEEE. HA down 86% since it's high and back to pre-promo pump levels! Next stop 0.0001
What? This makes zero sense. How are my comments off based when someone says short interest is through the roof and I reply "it's actually 0% and margin requirement is 500%." So you can't disagree with anything? Everything has to be WEEEEE or WOOOHOOOOO WEEEEE go (stock). CEO is the best ever WEEE? Seriously?
All this company has is paid promos via giving its stock away for free! Non-paid promo, come on this person has like 12 hits a day for her website, hardly credible. Going to need a lot more "news" from this stock to get it to go against the chart. If it were shortable, I'd be shorting but it's not. Target Price: 0.0001
I can't wait for the financials to come out! Maybe a new customer?!?!?! Maybe he secretively tells me who that customer is and then I call that customer and they have no idea who Jeff or KMA Global is!?!?! Ooooohhhh the suspense is killing me!
Ok I have a couple questions in regard to KMAG:
1. How can JR buyback shares when he doesn't have any cash?
2. Why would he be buying back shares instead of using the pennies he got from selling shares to buyback shares at a higher price? If you believe in your business shouldn't he be using the cash on hand, or the de minimus amount he has, for growth/PPE?
3. Why did he make a big deal out of 250mm less authorized shares when he just diluted the entire company 5x (550mm shares) the prior quarter?
4. How can he produce a product without any PPE?
5. Why did he give so many free shares away to the promo guys?
6. Why wont his customers confirm that they are buying his RFID product?
7. This story hasn't changed for years. http://www.globenewswire.com/newsroom/news.html?d=178197 He's always been pitching this but has never executed. All he's done is fail and dilute shareholders massively. If you invested with JR anytime before the promo run up, you're down 99%, so why now?
Thanks,
B
"an outside attack on the stock"
What?!?! There are zero shares sold short!!!
Secondarily, this is more a case of Supply of stock > Demand because the promo guys are out. Back to 52 week lows we go!!
Hmmm 700mm shares outstanding up from 150mm last q, stock is a promo stock, nobody can confirm clients, no cash on hand, how can you have production with no PPE? Hmmm. With will the promo guys gone (cause they sold all their free stock issued to them from Jeff) this stock has nowhere to go but down. Down 71% this month, up 800% since feb but in last year down 99%. Come on brooo play momentum here but don't tell me it's a real company
But still down 80% in May!!! LOL
How can you believe him? No financials!!!! Have you asked who his customers are? Have you called his customers to confirm this? Didn't think so
I wish I could short this POS