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People, the illegal naked short is pure fantasy!!!....take your time and read that again if necessary. There may be a short, it may even be naked, however, it is most unlikely that it is of any consequence, and there is no indication at all that it is illegal.
Maybe, but if it isn't illegal it ought to be. I know that wasn't your point though...
Consider this, the stock sat at .0001 for months. This was the time people tried to insinuate shorting was going on. The stock then rose to .0012. This would be virtually impossible if there was the short certain people wanted you to believe there was. Then the stock has dropped back to .0004. This would indicate that billions of short shares were still at a 300% loss? And just sitting there?? Does this make any sense to believe that any professional traders would just sit calmly by while this was occurring?
This isn't the point in which people were claiming the naked short started, but a man of your vast knowledge and desire to educate us all should already be aware of this.
Let's consider the alternative......
Your company put out a PR, (which was later debated by their own partner)stating they were diamondiferous, this along with temporarily halting in releasing additional shares into the market would surely push the share price higher. However, followed by a PR from UCAD dismissing the claim, people began selling in an attempt to lock in their own profits.
Ucad pr'd that? I thought it was the canadian partners that did... Try to keep up would ya.
Now what about your company then putting an additional 300 billion shares into the market? Are they doing this just to be mean? Do you think this helped the shareholder? Do you think this just might cause the share price to drop?
While there is proof that the AS was increased there is no proof as to what was done with them, unless of course you know the OS.. involved in your own speculation I see. So much for the need of proof. Kinda hypocritical to expect proof from others and not follow it yourself.
Folks, lets' be real......I would rather see you state, "yes, I am a greedy Gus and am just riding this stock on the hope that someone will hype this baby to new heights!", as opposed to screaming about someone screwing you over through shorting, when in reality you all are just here hoping to screw over the guy behind you.
While I am not disagreeing with you regarding your comments on the short position, many here are actually hoping for a diamond find. Hmm, go figure... investing in a diamond exploration company hoping to find diamonds.
Let's all just look in the mirror and take responsibility for your own hopes and dreams. Your own enemy lies amongst you.
Now that we've cleared the air, lets' root on those hypesters!!!
Most here are doing just that, you sir ought do the same thing and quit educating us with advice we never asked for and worry about your own hopes and dreams. And here comes the reply "If you don't like what I say then ignore me". What fun would that be?
Chris, thanks for the response, but do you know the share structure to figure out how this pie is divided? My guess would be no, hence the allowance to speculate with a negative or positive spin.. If we knew we wouldn't have to guess now would we. If I were you though, I'd get out and walk away as quickly as possible if you believe these #'s to be true! Just my opinion though.
Chris, please post the math and the links to the information where you are getting the #'s to use for this math..
Thanks in advance!
lol sub taking typing 101 from stockhippie!
Only the CEO can take advantage of poor unsuspecting investors. I'm not poor AND I suspected a lot, so I know I didn't get taken advantage of...but I appreciate your concern.
The CEO wouldn't be the only one taking advantage of the scam if the person taking a profit knew it was a scam as well. I do notice that while you post here out of "concern"(lol) for others, when this does run again(and it will) you will gladly accept these same investors money as you sell at what you would consider a falsely inflated price. You are hoping for bagholders to purchase a stock from you that you "know"(or at least talk like you know) they will never get back. This puts you in the same league of the CEO IMHO. Not the kind of profit I seek, but to each his own...
Algee, is the person willing to make money off a scam stock by taking advantage of poor unsuspecting investors any better than the ceo who is fronting the scam with the exact same intent? lol what a joke!
Glad you got my humor... but FWIW most people invested here spend more on a big night out than what they might lose. Everyone suggests the same: don't invest that which you can't afford to lose. So most haven't and the ones that have only have themselves to blame and certainly not UC or CMKX. Even if there are bag holders(and I am not convinced...) the price of admision will have been worth something.. That is kind of my point. It's only money after all right?
So much attention for a stock trading at .0004 definitely makes a person wonder why. I am here to find out.
I am amazed that such a garbage stock keeps your attention for so long... time to take your blood pressure medication and move on.
IMHO
Arete, it's called getting your ducks in a row. I am sure Mr Glenn has been busy doing just that...
Even at a penny it still looks good!
arete, you forgot option c: They got the goods but haven't PR'd it yet...
Algee, I know who knows as much as the rest of us...
So you assume that means what?
haha infolode, isn't even complicated to understand either...
Who? Not sure I get your point...
ArthurW1665 - you sir captured it all! lol thanks.
Hey, we've got 2 to sell her! loleom
Shore bashers are relentless over there! Must be really desperate!!! lol
That is not an official site...
Jim, wish I could join you!!! Waiting for the coho to start showing in the local rivers... Starting to tie flies now in anticipation, any day now. :)
I'm not laughing. Poor taste there voodooman. Real people are dying daily and that is all you can come up with?
Bye then tatrader11. I am glad you are out, I hope you are successful with your future investing and trust you will leave us poor investors alone now.
If the CIM Div. # is wrong(and it has to be...) then it's possible the UCAD one is too IMO.
Yes Gump I believe they did earlier.. here is the part I find most interesting.
"Full ownership of the processing facility provides Shore the flexibility to process additional bulk samples from the Star and other Fort a la Corne kimberlites."
I wonder what other Fort a la Corne kimberlites they are refering to...
:)
Pedro posted it as a joke! Get a grip people. So anxious to run people down you'll believe everything that you can use to make them look bad.
Isn't it illegal if not disclosed?
It's more about the prospect of undisclosed paid pumping that bothers people than the fact they weren't offered shares IMO.
Zen, chances of a company response? slim to none...
IMO
Don't MM'd have MSN Messenger or email lololeom.
haha, I figured I might get that reaction ;) eom
Does homeland security look for signals through trading ammounts? An honest question from a Canadian. :) Olico, you mighta bitten off more than you can chew. lol
IMO it has to be all the ucad shares given to shareholders. Here is a snippet from the PR: "CMKM Diamonds, Inc. (Pink Sheets:CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB:UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004."
Notice how it says it will issue "these" shares, which is refering directly to the 7.5 million in the previous sentence. I think it is at best a stretch to say it isn't refering to all 7.5 million and at worst a blatant manipulation by UC to not give all 7.5 million according to the wording on the PR. I just don't think that is an option, much like I don't believe it is an option that Glenn or UC released a false dividend ratio.
Just my thoughts though. :)
edit: here is the link to the PR. http://www.stockhouse.com/news/news.asp?newsid=2370544&tick=
I believe it is a new target and was found based on the survey.
yes, and that was kind of my point :)
My letter from TDWaterhouse confirmed the OS to be 483+ billion through the distribution ratio of ucad. This leaves 2 options(as I see it). Either:
1. UC is purposely releasing false information to the brokerage houses and nasdaq, through that allowing the PPS to be manipulated and weak hands to be shaken despite the fact that he cares so much for the shareholders
Or..
2. The OS is really that high. What we don't know in this scenario is what he did with the shares/money. Perhaps he spent the shares/cash to aquire more claims or companies that haven't been revealed yet? Perhaps he padded his pocket.
Either way, it sure raises a lot of questions. I don't believe it is the end of the game by any stretch though and am willing to hold while it all unfolds.
Here is a link to the latest PR:
http://www.stockhouse.com/news/news.asp?newsid=2406357&tick=SGF
Hey Gump, any comments on the latest Shore results? Getting better every day! :)
BBP from one bass player to another... pass: cmkx eom
Casprs, what course did you play? I have played quite a few in the metroplex area when I was in school down there...
Sub.. ROFL!