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That's right loser! I believe that's a 2 time loser to be exact!
So what is in it for them if they know that they will have to declair bankrupcy in 5 years?
I guess Janice doesn't have a logic answer to my question?
Answer this Janice, so what if they dilute the stock after June 15th? My $100 investment will be worth $900 in five years anyways, even if there are 10000 trillion shares. And don't give me the answer about PAIM might not be here in 5 years, any one of us might die tomorrow, so that's not the point. Point is they will have to pay me $900 in 5 years for my $100 investment today.
Why do you think you have those free shares that you are riding? Obviously some sucker already bought half of it. You are just waiting for another sucker to get the rest. So don't pretend that you are righteous, cause you are here to make money, and that will cause someone else to loose money. Might not be a sucker on this board, but you are hoping for some sucker out there to buy your shares. So it makes no difference.
Jim, it seems to me that you believe PAIM is a scam, yet you still own shares of it, and want to be profitable? How do you expect to be profitable if you are talking negative about the stock? It could be the truth, but if I am trying to sell a product for money, I don't think talking bad about the product or the company that makes it will get me much money. Just want to understand the logic behind it. Obviously you are riding on free shares, so you have nothing to loose, aside from the time you spend on this site trashing PAIM. I will never talk bad about a stock I currently own. I might do it after I am out of it just to warn people of the FACTS, but not while I still own shares.
was gonna set a sale at $2.83, but got tied up with a customer. Damn! just lost $400! Hope it goes back up tomorrow or I'd be pissed.
Who to report to? And what are they going to do about it?
So in your opinion, these are real and legit trades? not MMs selling to each other?
Janice or Jim, please explain.
Where are all these shares coming from, the 5 billion the day before and the 4 billion yesterday? Are they real buys and sells? If yes, would would be buying this huge amount of shares at 9 million share blocks? Seems kind of strange. Have you seen this before?
So are you saying that you don't know what will happen come April and the MMs have no PS to give us? Cause it has never happened before? There is always a first for everything, right? They can not really do a short squeeze cause they can not do anything now to buy the Prefered shares, cause they can not be traded. So the only option is the buy-in. At what price?
We do know what the divi will be, 1000 PS for every 1 CS you Owned. The question you should ask is what can we do with the PS, and yes, only time can tell. But according to Janice, she seems to think that you can pretty much wipe your ass with the paper they print the PSs on. Ha ha!
I wasn't part of that conversation, care to let me know when she released the divi info?
Guy! you are confused to say the least. A common share is .0001(3 zeros), and a pregered share is .00000001(7 zeros). You get 1000 PS per CS you own, so .00000001X1000=.00001(4 zeros), this is what you get ON TOP of what you own of the CS. It's called a DIVIDEND! BONUS! GET IT!
.00001 is 10% of .0001.
I know the definitions, I just don't understand how it will be done on the prefered stocks, cause of it's pps, there is no way for the MMs to buy them. That is my question.
What do you not get? You get a 10% divident for the shares you owned. That's a great deal! What are you confused about seriously? Besides, you can't trade these stocks anyways cause they are less then .0001. The PS has to be converted to CS for you to actually get something out of it. But that's still not the point of these PS, all it was used for is to expose the naked shorties if there was any. Do you get it now?
Prefered shares(PS) are worth $.00000001, and the Common shares(CS) are worth $.0001. You get 1000 PS for every CS you held.
Why has it not ever happened? And what is a forced buyin? and a short squeeze?
They can't buy the prefered shares cause it's worth less than .0001, so can not be traded. So would the MMs have to buy 1000 common shares to make up for the 1000 prefered shares I am suppose to get? Is that a forced buyin that you are talking about?
Yes, you ARE reading it wrong.
You seem to know alot about the stock market, so let me ask you this question. Assuming that PAIM is legit, what will happen come April 1st(or a little later) that it is determined that the MMs were shorting this stock, and could not pay us the divi which is the prefered shares, what will happen then? Would the MMs have to pay? Who is going to make them? Just thought that you might know.
You seem to be a regular here, do you still hold your shares? What price are you looking to let your shares go?
That I understand, but my question is after looking at the news, after seeing the stock went from .0002 to .0003 already, would YOU sell at .0002 or would you sell for .0003 or more based on commonsense? We are not talking about a small gain here, we are talking about another 100% gain here.
Who is selling at .0002? It seems weird to me that the whole morning we see .0003, why would anybody in their right mind sell .0002 when they can ask .0003 and get filled?
Why should it not be trading at this level?
I have been trying to get 50 million shares at .0003, and non got filled yet. What is up with that?