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I would if I could, but etrade and Izone not letting me short NFLX. Trading the options instead. Shorted the $25 january call at $1.20, free money in my opinion.
Anyone try to short NFLX today, Etrade wouldnt let me borrow the shares..got some put options for $25 at 1.10, kinda bad deal.
NTN - 100k Block at 1.87, I been watching this awhile bought in at 1.81 on Wednesday, it's looking like it could really get going soon. Volume starting to pick back up, all the signals coming together.
No, I haven't owned AGCI in over 8 months. It is all worthlesss anyways. ALl of our MDAS shares are worthless.
I pretty much just use IHUB for Pm's now, but maybe a board for that type of trading would work with a small community. The pennies are always going to be what is popular here because not too many active traders have big margin accounts.
Yea, I couldn't hold it either, wasn't my call anyways. I am short-term like you, bought and sold WPTE at least 20 times, orginal entry at $6.50, sold at $7, lol, wish I had just held it all. His new pick is driving me just as crazy as JDO did waiting and waiting, but this time I am holding some shares. Got a separate account for his longs in Etrade, then Ameritrade Izone for my own short-term plays/day-trades. I don't trade pennies anymore. With a solid bankroll and margin, can make a ton off the bigger stocks with less risk. My roomate made about $30,000 off JDO, holding, though.
I was scared shitless today, but worked out beuatifully, picke dup another 1000 shares at 26.50 and early in day picke dup original at 24.99, it might make an overpush into 30's in which I'm going to do some profittaking. Been awhile DC, JDO finally did make its run from $11 when we talked years ago. That guy is often late with his picks, he got another smallcapper we in on now, if you interested via PM.
BTW WPTE is a buy at $26, scared sales after trade halt at 12:00, I predict it pushed back over $29 before EOD. Buying another 1000 shares myself
It already Ipo'd like a week or so ago, went up big the first day, I reckon it keeps going up, if anyone has access to London exchange it is still a good buy. WPTE just unhalted today, but spread kinda heavy.
I spoke to Investor Relations. Things don't look too good. The woman on the phone was a real bitch too...
Heh, thanks Shag. These boards/OTC PK stocks can be very tricky. There are a lot of scams, believe me, I learned the hard way. Still sitting on 540 MDAS shares myself. I would pretty much unload your AGCI on any higher volume upday. I pretty much gave up on them when the previous contact told me he was no longer the contact for AGCI and gave me a new name/phone number and when I called everything was in Spanish.
Let me explain this once and for all: MDAS shares completely worthless, they have no value. What AGCI is doing can be described as a "shell game" MDAS being the meaningless shell for the sole purpose of pumping up AGCI and allowing insiders to sell of AGCI shares every time they get volume from these spin-offs. The reason MDAS went down so much today on a 696 share sell is because MDAS has an incredibly low float and an incredibly low number of unrestricted O/S.
I could create my own company on the stock market with a total of 100 O/S and price em at $10/share, but the whole value of my company is only worth $1000 and any volume would fluctuate the price like crazy. The point is MDAS is not traded by outsiders it is completely manipulated by the inside. If some outsider did buy MDAS for some reason and decided to sell 696 shares today, of course that kills the price, but of course 696 shares isn't worth it for the insiders to lose the illusion of a big score based on an AGCI dividend. In result, of course, an insider bought 696 shares to make up for the sale and raise the price back up. The other possibility is insiders buying and selling shares back and forth to create the further illusion of a volitile tradeable stock.
9.65 HOD, looks like someone fell prey to a market order. Good to see buying, the market makers will make you pay dearly for market orders in this one.
Things looking strong for DMC, finally broke thru that $9.00 mark again, seems to be very little selling going on of late.
It could still run; clearly the tactic isn't as effective the third time around, though. I think AGCI is a scam stock, but it could still run if it can get enough buyers, doesn't have the volume right now. I wouldn't buy it, but you could, just get out the day before the MDAS shares date of record because the MDAS shares are worthless.
The reason I am so against what AGCI is doing is that all the shares should become tradeable at once, when they make their next Registration with the SEC. AGCI is dilluting the hell out of MDAS in order to pump AGCI and once we are able to sell MDAS it won't be worth anything; I am talking pennies, it is a total scam, I already filed a complaint with the SEC.
You really ought to call etrade, they have brokers who can help you with that issue or at least tell you what is going on when you get that message.
Something doesnt seem right. MDAS cannot take shares off restriction without filing with the SEC. I don't see any SEC filings.
Hi anyone. Feel free to PM me any questions. A push to 9.00 before close sure would be a great finish.
So etrade prompted a message, asking you to try again later? Was this a limit order. You ought to call etrade and ask why it would give that message.
What were you trying to sell your shares through, that it said try again later? Etrade, Ameritrade, stock broker? It is possible no-one is on the bid, but they didnt let you leave an open limit order out there?
OMOG - energy play that hasn't really done too much yet. Steadily on the rise, could make a good push. Currently .016.
Any solid company can be diluted to nothing. Midas has some potential, but Angelciti decided to use its stock to pump its own price. An $8 stock diluted 9000% by free dividend shares is definitely under a 50 cent stock in my opinion. Not only are they diluting the hell out of the company, but the shares are given away, so everyone just going to rush to sell, mms will tank the bid as fast as they can and people will be trying to get any money they can.
MDAS trades at $8, but AGCI has decided to use it to pump their stock, making it comletely useless. What do you think will happen to an $8 stock that averages under 500 volume/day when over 2 million dividend shares get released as common stock. It moves down/up over 1% on 100 shares traded. MDAS has no value in my opinion, it could easily be under 10 cents a share when that day finally comes.
Ok. Then they aren't creating new stock, but rather pulling a traditional pump n dump scam either way... this is what I wrote in the details of my SEC complaint form:
I believe that Angelciti (AGCI) is using its subsidiary, Midas Entertainment (MDAS) to pump the stock price of AGCI allowing insiders to take quick gains before they bring the stock price down again. They are doing this by releasing misleading information to the public. Today, they accounced that they would be giving away a stock dividend of MDAS 1 share for every 7 shares of AGCI owned. This is the second time they have done this. They fail to mention that the shares of MDAS are restricted and cannot be sold. They gave away well over a millin shares in the last dividend disbursement, with no intention of ever registering and making this stock common tradeable shares. Currently, MDAS is trading at $8.40, while AGCI is trading around $1, making this seem like an extremely good buy. If the shares ever become commmon, the price of MDAS will easily go to no value because there are so few outstanding shares now and they are giving away millions of shares in the meantime to artificially pump up the price of Angelciti. I talked to Rick McCaffrey from the OTC financial netwrok, as he was listed as the contact for investor relations for AGCI. He told me that MDAS restricted shares would become common stock with Midas' next resgistration, which would be within 6 months to 1 year. This was 3 months ago, but I never really believed it to begin with. The fact that they are giving away more restricted shares without registering the first ones makes me thing this is unethical price manipulation. They have also made forward looking claims about how MDAS stock did not even go down after 1,247,974 shares of MDAS were distributed to AGCI shareholders. Of course these shares have no actual value and cannot be traded. MDAS trades on under 500 average volume/day and clearly is just a shell.
Honestly, I've had enough of their bs giving away meaningless restricted shares of MDAS to pump their stock in short-term so they can create more shares, drive price back down...I'm reporting them to the SEC today.
No, that isn't any concern. AGCI uses MDAS dividen to pump their own stock. MDAS is totally worthless because it basically doesn't trade. No ordinary person goes and buys MDAS. It has no volume and goes up 10% on a couple hundred shares. THE O/S is solow that as soon as the restricted shares are released it can go from 8.50...$5, $100, wherever it wants to be to well udner a dollar in 10 minutes.
OTC Financial Network
Rick McCaffrey, Investor Relations
781-444-6100 x625
rick@otcfn.com
That was the contact a few months ago, I'd assume it is the same.
They said with their next registration which should be 6 months to a year away. This was about 2 months ago when I talked to them. I could tell the guy didn't mean it though, they have no intentions of doing anything.
The restricted shares become common shares after their next registry. The companies registry..so that is what I meant. They told me on the phone, likely, 6 months- 1 year. I don't actually believe they have any intention of doing that, though. Pink Sheets shell company, with no real value, likely to never file anything with the SEC.
AGCI is a scam company. If they even try to offer another MDAS dividend before registering the first one, I am going straight to the SEC.
Freetrade done April 29th..no more commission free trading.
LOOOOOL, who is buying MDAS???
Unbelievable HOD 3.14 thats ridiculous, really really silly.
I cant believe YDIW is still moving with ANTP at all.
Yea, I agree, never enough for any real significant institional dumping. If you look at chart, prior to dividend announcement, they were about ready to tank under a dollar, downtrending sharply, could have been to save AGCI.
nah, point was to pump AGCI, worked a little bit, was at 1.20 and downtrending big when news released. MDAS didnt react at alll because nobody owns MDAS aside from AGCI and insiders. Trades no volume, I hardly consider it a real stock, but would they want to kill their reputation and their little pinkie all for a little pump n dump revenue on AGCI? There is no middle ground for MDAS IMO, either a $5-$8 stock or under a dollar.
Yea, I don't like the sound of that at all. No PR is going to save anything, either. Only institutional buying, IMO, volume in MDAS really picking up right now, some price fluctuation good to see, but I can't help but think it is totally manipulated. Who else would be buying MDAS right now???
Wish I had a chance to talk to someone on phone from AGCI about how they expect to deal with the increased volume/selling in a stock like midas with such a large share distribution pending.
Hmm, I got voice mail. I don't see why we got to sign the certs...annoying because stock could be crippled by time we actually have a chance to trade on public market, especially if you use online brokerage. I would really like to talk to this guy.