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Naked short sellers
Naked Short sellers (market makers selling stocks that they don’t own) always doom the stocks that they feed upon. Naked Short sellers are like a tapeworm that infects a particular stock, dooming a company to utter failure. Once infected by the naked short seller, the market makers goal is to manipulate the stock price as low as it can go. Simply put, the market maker has to eventually buy all of the shares back that were sold. They skew out the number of outstanding shares, leaving many oblivious as to the true number of outstanding shares of the particular issue. This alone is a reason why the price per share can rapidly decline. When combined with a rouge market maker that is manipulating the stock price downward, the end result is a ruined company. Rewarded like a contract killer, naked short sellers are never punished.
This is stock is worth $0.12 in the future.
This company is legitimate.
This is what is happening here.
Market maker sells shares he dosn't have.
Nowadays (since 2006), the markets dictate that this imbacile must buy to cover. (BUY BACK these shares you CON artist or you will go to jail!)
Typically in this situation:
Shareholders get tizzy, queasy and sell on the bid.
The imbacile needs to buy these... so he sends the pps down.
To combat this imbacile, all share holders should enter their Limit orders to 1¢ or more.
So, when the imbacile buys back he losses the game instead of winning.
4/4/07 open at 4.3
LMC all @ $4.35
As a legitimate company...
When the directors of Pearl Asian Mining decided to become a legitimate company, and started to plan a “strive for success” mentality, applause came to the company.
The time now has come for the naysayer(s) to apologize to “Pearl Asian Mining”, for the naysayer(s) are the ones who wish to create the hostile atmosphere, hurting share price.
The objective of this hostility may have something to do with a “hostile takeover”. Driving the PPS down, the naysayer(s) buyback the shares of this quality company at a deflated price.
Recently, one can see that this has been very prevalent with this particular stock.
As the naysayer(s) may disagree, they don’t realize that this company is, and will always be “striving for success”.
All indications point to the fact that this company will become a great success story in the coming decade.
flo_fan
Chicago,IL
Specifics: ICPS-7000/ICPS-7510/ICPS-7515
Inductively Coupled Plasma Spectrometer
Emission spectrometers using an inductively coupled plasma (ICP) as the excitation source have various advantages over those using a conventional excitation source, and hence have come to be utilized more and more extensively.
The important features of the ICP are:
Detection limit of ppb quantity level.
No matrix effect.
Wide measurable concentration range.
High stability and reproducibility.
With these and many other advantages, ICP spectrometers are widely used; their application fields include elemental analysis for quality control, ultratrace element determination such as for environmental water quality monitoring, and major element determination such as for composition determination.
In order for an ICP spectrometer to get the maximum use of the above features, it is required that:
The spectrometer provides high resolution over a wide wavelength range.
Acidic/aqueous solution samples and organic solvent solution samples can be analyzed without addition or replacement of the units of the instrument.
The RF generator, spectrometer, and gas flow control unit ensure high stability.
Running cost is low.
Ease and simplicity of operation are ensured through automation, and the data system provides a wide variety of data processing functions.
The Shimadzu ICOS-7500 is the latest, sequential, inductively coupled plasma emission spectrometer designed to satisfy all of these requirements.
Large database and many software programs are readily available for various elemental analysis.
ICPS-7515 machine
ICPS-7515 machine
Owned by Pearl Asian Mining Industries Inc
PGMC soon to be $.29
The ongoing progress that this company has been striving for will soon materialize in the next few years. Let us all thank everyone associated with Pearl Asian Mining for making such a valiant effort in creating such an ideal thriving business in that corner of the world.
Problems getting Preferred share certifictes...
Has anyone had problems getting their Scottrade PAIMPR*
PAIMPR* = (units which were 1000 preferred shares for each unit)
I requested a PREFERRED share certifiate, and they sent me a common share cert. (calculated with the current conversion factor)
Scottrade has made an error, has this happened to anyone else?
Scottrade has stolen more than 100 Billion prefered shares from me.
Australia... Did you receive 1000 prefered for every
1 common, pertaing to the 2/13/2006 PR ?
What brokerage firm are you with?
What brokerage firm are you dealing with?
Scottrade seems to have stolen more than 100 billion shares form me!
Did anyone receive the 1000 prefered for every 1 common share?
Via Scottrade, I only received 1 perfered for every 1 common that qualified for the prefered share dividend pertaining to 2/13/2006 PR.
hello fellow Paimers
Just got back from Hiawatha Park, I could not belive it, there was about 2000 people there for the 4th.
It reminded me of the amount of people who have gambled on PAIM.
One day they will all win, when PAIM teams up with the Philipinees Government to start a legitimate business.
PGMC DanDong !!!!!!!!
Dandong, a small scale minesite some 50 miles away from Dalian, which uses the same processing plant that PAIM will buy and use for its mine site. The Gold Processing Plant will be fabricated and should be available for delivery within 2-3 weeks.
In 5 years this stock might be good, buy it now!!!
PGMC !!!!
common restricted but not at these prices
15:39] <synapze> thx, and how much est. funds will it take to become fully operational?
[15:40] <pearl> 500,000 for small operations
[15:41] <synapze> are you planning on securing those funds with sale of common stock, or preferred?
[15:41] <pearl> common restricted but not at these prices
Re: Spooky Ghost
See the spooky ghost in the Peal Asian poster that appears when you log onto this message board.
It is very scary!
http://www.doubletongued.org/index.php/dictionary/land_of_fruit_and_nuts/
There are different kinds of
There are different kinds of corporate bonds. Some are secured by specific assets which you can seize if the company fails to pay interest or return the original principal amount when the bonds mature. Others that aren't secured are called debentures. They are merely a promise to pay you.
1 for 10 Reverse split?
PAIM trades in the range of $.0001 to $.0002
June 1, 2006 (ex-date)
June 15, 2006
PAIM will pay par value of $0.001 per share.
* a shareholder owning 1,000,000 common shares will keep 100,000 common shares
Why not specify that this constitutes a " 1 for 10 reverse split"?
If the former “Elvira Gamboa” now known as
The Company's Chairman of the Board, "E. Pearl Asian" does not clarify that this is NOT a “ 1 for 10 reverse split", than:
1.) All shareholders shall all assume that it is
2.) Most shareholders will assume the pipe dream is unrealistic
This portion of PAIM is sponsered by...
Schmackos dog treats... "Dogs go WACKO for Schmackoos"
&
McDonald's all new "Asian Chicken Salad" featuring: chicken, soybeans, snow peas, red bell peppers, mandarin oranges, toasted NUTS and mixed greens.
psychic prem. portrays CWPC style chart = $7
Jackpot for Tengasco is in Kansas
Company's natural gas fields are pumping oil at a record pace there
By BILL BREWER, brewerb@knews.com
April 25, 2006
At $73 a barrel, Kansas tea really is turning to gold for Knoxville-based Tengasco Inc.
The oil and natural gas exploration and production company has redirected its excitement from natural gas fields in Hancock County, which are still revenue producers, to its Kansas properties, which are pumping oil at a company-record pace.
At Tengasco's annual meeting for shareholders Monday, CEO Jeff Bailey explained the company's $3 million earnings turnaround from 2004 to 2005 was based on the successful drilling of seven oil wells in Kansas as part of an eight-well drilling program.
Bailey acknowledged the link between the highest oil prices on record and record revenue and earnings for Tengasco in 2005. The first quarter of 2006 also is looking strong.
He also said oil prices that exceeded $70 a barrel last year and recently hit $75 a barrel are a major factor in the company's finances. For 2005, Tengasco's earnings were $1,088,028 compared to a net loss of $1.99 million in 2004 and a net loss of $3.4 million in 2003. Revenues in 2005 were $7.1 million compared to $6.1 million in 2004 and $6.2 million in 2003.
"Obviously a higher commodity price doesn't hurt," Bailey said, pointing to a chart tracking oil prices and Tengasco's share prices. "It's also driven by production."
Tengasco's stock price hit a 52-week high Monday, closing at $1.55 a share.
Quarterly oil production also set a record, with 38,502 barrels pumped in January, February and March, "the highest first quarter Kansas oil production level since 1997, the year Tengasco purchased the Kansas properties," according to a company statement.
Bailey said the quarterly production record was impressive given that the first three months of the year are typically the slowest for the company because of winter weather in Kansas.
Tengasco saw a sharp increase in Kansas oil production last year when it drilled eight wells and struck oil in seven of them. Additional wells also are promising, Bailey said, noting that even wells producing smaller amounts are generating revenue because of the high oil prices.
"With these success rates, Kansas is our focus," he said.
In Tennessee, Tengasco is absorbing declining natural gas production at its Swan Creek field near Sneedville. While production has dropped, so has the price for natural gas on the open market. Last fall, gas was selling for about $14 per thousand cubic feet. That price is now at about $8 per thousand cubic feet.
"Swan Creek still has a lot of life left, about 45 years, but production will be lower. There's still a lot of value in Tennessee," Bailey said, noting that Swan Creek will generate $30 million to $40 million in revenue during its lifetime. "Swan Creek is good. It's making money, but not the level Kansas is."
Tengasco has invested heavily in its Hancock County property in the last 10 years. The company has spent millions drilling for natural gas and laying a pipeline through several counties to supply gas to industrial customers. Eastman Chemical in Kingsport is one of those customers.
While drilling in Hancock County also has yielded some oil, Bailey said Kansas fields yielded 38,502 barrels in the first quarter, which averages 428 a day.
And the company has realized that additional drilling for natural gas in Tennessee isn't going to produce significant amounts.
"The cost of drilling in Tennessee (because of terrain) and recoverable production isn't as good as in Kansas," Bailey said. "We have oil lease prospects in East Tennessee, but the odds are probably 8-1 against us."
Using technology, such as 3-D seismic readings, to study the presence of petroleum underground, Tengasco estimates it has a 50-50 chance of success of striking oil in Kansas. That number decreases to about 15 percent in Tennessee because of topography.
"It's not really a wise investment in Tennessee right now for us," Bailey said.
Tengasco's Kansas operation is exclusively oil, and the Tennessee business is nearly exclusively natural gas.
Bailey presided at the annual meeting, held at the Homewood Suites by Hilton hotel in the Turkey Creek retail center and attended by about 20 company employees, directors and investors.
Bailey said the company will pursue more production in Kansas as opportunities and finances allow and said there is a possibility of further drilling in Tennessee at some point.
"Tengasco is our name, but Kansas is critical for us," he said.
Welcome to the 1st monthly PAIM shareholders official Newsletter
Fiscal incentives from the Philippines government ensure that the historical task of modernizing this corner of the world, by providing a world-class mining industry, is now underway. Permits and licenses for the construction of the gold refinery in Mandaue City, are filed. Construction will take place this summer.
I like to think of Pearl Asian Mining Industries, in a similar light to that of a 1986 Microsoft Company. Why? Because a huge potential is not only possible, but probable.
The fact of that the $0.0001 PPS is prevalent is evident due to the following reasons :
1. Shareholders scared from a stock dilution scenario
2. Non-believers who are born skeptics
3. The several years that it has taken to come to the final development stage.
4. A one month delay in distribution of preferred share dividends
As fellow stockholders of PAIM we should keep in mind that the company will continue to probe illegal dilution of its shares, and will hold those who have illegally shorted accountable. Therefore it is advisable that any shareholder who needs to sell there shares purchased via brokerage accounts, to sell via LIMIT order only. Selling via limit order will insure that you will receive at least your $0.0001 per share.
Considering the fact that PAIM is striving to become a world-class company, we as shareholders must be demanding more for the shares that we own. If most people set their LIMIT orders to sell above this measly $0.0001 or $0.0002 or $0.0003, we can (as shareholders) get some traction on the PPS of PAIM.. After all, think of it as the equivalent of a 1986 Microsoft Company. Pearl Asian Mining Industries is poised to be the most lucrative investment from the
Philippines. And, within the next 10 to 15 years, do not be surprised to see the stock flying way high.. Furthermore, we foresee the stock be listed on one of the big boards in the years to come. At which time the company will become further involved in providing excellent ROI (return on investment) for all Pearl Asian Mining Industries shareholders.
4/11/2006
What PAIM can learn from GWGO .....
Information is from
http://www.greatwestgold.com/index5.htm
The Company has now subscribed to a service that will "expose" all naked short positions in its stock on a monthly basis. The Company will publish this list on its web site and issue a Press Release disclosing full details contained in that monthly report. Great West Gold, Inc. is now determined to attack those who are involved in the illegal naked short selling of its stock.
BACKGROUND :
The NASD took over the OTC BB in October and has submitted a proposal to the SEC to require all 5600 brokerage firms in the US to report all short selling activity in OTC BB and OTC Pink Sheet Market quoted securities to the NASD each month. BUYINS.NET (www.buyins.net) has developed a technology to help OTC BB quoted companies like Great West Gold, Inc., combat short selling in its stock.
************************
My sentiment of Pearl Asian Mining Industries Inc. is good.
As a company they are making a valiant effort for the investors, the people of the Philippines (job creation), and as a company they are combating threats that can hurt the company.
Valid information on the naked short mentality .....
Naked shorts are Illegal Shorts
Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. SEC Regulation SHO, under the Securities Exchange Act of 1934, mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
BUYINS.NET has automated the collection of this data from NYSE, AMEX, NASDAQ, OTCBB and PINKSHEETS every night and uses counters to track which stocks are about to have forced covers.
The key here is:
must purchase securities to close out its fail to deliver position.
Don't let those who "MUST" confuse with strange postings on this discussion board.
In at .0001, you get the dividend ...
Recently I talked with the manager at a Scottrade. He said that if Margin account holders who sold PAIM (or automatically had it sold by their margin broker because it fell in value) before the ex-dividend date, then the account holder would be responsible for the cost of the dividend.
100 million shares shorted would cost them $1000 for dividend responsibility.
Their seems to be confusion on this because some of the shares must have been purchsed in margin accounts. Who will encounter this dilemma? The account holder who borrowd money to buy PAIM, then had the shares automatically sell?
Can anyone clarify this confusion?