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Well as some of you may recall.
My call was that if .0485 failed, the stock may get pushed back down to the .042 to .044 area.
Now we see if buyers come in, or if they sell off because of Friday.
Closing below here will be a real blow to the stock.
The manipulation is incredible.
Hey fieldfire I can't reply to your private mail but if you wish to post something to me there, I'm ok with that.
They are hitting the .0485's, which means they probably want to try to get it into the .042 to .044 range again....decision time.
Ok, .0485 needs to hold here now. They keep testing it. Charts haven't quite bottomed yet
Stock needs to come back abit before a second launch at the 52 week high, just let it do it's thing now
HOLY CRAP!!! LOOK AT THAT DEPTH!!!!!!!!!! YA BABY
Almost seems like the company got their money and are buying up the stock...or they are about to release one h@ll of a news release!!
Update, did you just say them take out the .045 wall!!!!!
What ever is going on, those in the know don't seem to mind picking up the shares at the ask this am...what ya think a nr before 1030 am....??!!
Interesting?!! Lots of buying and larger buying at the ask this am
update: h@ll something is definitely up with those large buys, there has got to be some kind of nr coming out I would think that's pretty big, sure feels like it anyway.
Sorry I cannot reply to private mail, but yes I agree Fieldfire.
I didn't know that.
I do not trade through them and of course will never and make sure others do not waste their time signing up with such a corrupt company.
Then best for all 770 clients to close their accounts with them, and for them to make sure that everyone knows how this second rate brokerage firm works.
Ban Ameritrade for taking peoples money and not allowing them access to trades.
If all 770 closed their accounts, and everyone in other stocks they are not allowing buying closed their accounts, you could have thousands closing their accounts.
When you start adding up the lost commissions, it goes into very very large losses for Ameritrade.
Hundreds if not thousands of us are asked weekly what brokerages are good and which are not. We all must work together and let every single person who asks that they do NOT sign up with Ameritrade and the reasons why.
MS
It's time to sue Ameritrade!!
All 770 investors of sssu that trade through Ameritrade must get a lawyer and sue them. They have gone beyond what is acceptable. Is this a mafia run business?! Sure seems so.
As you can see, once the stock bottomed with very little reaction from joe retailer, the bashers disappeared.
May as well put fring and SPIN on the basher list. But of course there will be others to take their places and assist them.
Same old story. No one buying the bargoons, and when she goes again, everyone will be jumping aboard claiming their amazing buys lol!!
MS
At the pace this stock is trading, best to look at the 30 and 60 minute charts to see the direction of the stock.
I guess I should have followed that on the way down too. The 13 minute confirmed a bottom of .04, but it wasn't until we hit .036 that the 30 minute totally agreed.
I just didn't think they could push it that far down. Then again, with such low vol and restricted buying, I should have seen that coming.
Well, not only has the 30 minute candle turned white, but so has the 60 minute.
There are many who won't even touch it until they see the 60 minute.
Smaller time frames will show bumps along the way, but at least the stock has bottomed and turned up once again.
What must be frustrating the mm's is that even though they push it down, there isn't a surge in panic sells occurring. In fact only about 400k traded at .036 before she bounced right back up. That means they spent alot of their resources to bring the stock down (shorting) only to be stuck having to buy it all back up again.
The tighter we hold, the stronger sssu gets.
MS
MS
SPIN too funny!!!
So you are taking advice from..." a disbarred attorney" Hartley Bernstein, known as "a former penny-stock con man,"
Talk about desparation. Keep posting!! I can't stop laughing at you!! lol
MS
One thing this company does well, and that is follow through with their statements.
Talk about gaining investor confidence!!
This baby is about to goes bullistic imo.
MS
Hey all,look at the 3 day 30 minute chart.
I'm going with 30 minutes because of how the trades are being controlled. Ususally 3, 4 and 5 minute when stocks are trading hard, but if you want a good picture of what the stock is doing, this is the best chart.
You can see the strength coming into the stock. macd, hist, are turning positive, and rsi just above 50 with lots of room to spare for a nice run up.
Incredible the strength this stock has with the mm's doing all they can to hurt it.
Either we get an eod run, or tomorrow, she finally takes off hard.
It is so wound up, somethings ready to blow.
MS
Divy's, restricted shares...couldn't care less about that.
It's the short squeeze I'm here for.
There is enough evidence and trading manipulation to prove that there is enough of a short position to give this stock one h@ll of a run, or better stated, continue in its run.
Only a month ago, this stock was trading at .005 and just recently hit .052, and that's with the worst case of manipulation on restricted buying I think I've ever seen.
Cast all the doubt you wish, there's money being made here, and there's a good probability of lots more when the real squeeze tightens up.
MS
Just got back on and finished reading the news.
What an incredible game plan by sssu management.
What I see here is a reward to those who hold their stock and assist them in wiping out the shorts, and to encourage those who hold or wish to buy, to purchase a minimum of 175k stock.
Think about it?
You then have loyal shareholders holding a minimum of 175k stock, and buying pressure which will force the shorts to cover. It's ingenious.
It may not sound fair to those who hold less than the required amount, but h@ll, they will benefit too.
In this world, it always takes some type of reward(perk) to encourage performance.
I am fortunate to be able to enjoy both offers by the company in this latest release, and will just sit back and wait it out like everyone else should also.
It's just winding up tighter and tigher as the volumes consolidate in this range, then suddenly as she goes, everyone will be jumping on the bandwagon.
It's always that way...people saying... hey, why isn't it moving??? Having doubt...then we've seen it over and over again, suddenly wham, and not even on news, the stock moves, and those same people are chasing the stock all the way up.
My money's down for a couple of weeks now and lovin every minute of this play.
MS
I can hardly call that a gap after the manipulation yesterday.
Yes, it is gapping but it should have closed at .05+, so just making up for the BS dump yesterday imo.
I got back on the computer last night expecting to see the share price much higher than it was, and then looked at the trading transactions throughout the day.
The corruption going on in the SEC is even worse than I could have imagined. They talk the talk of governing the stockmarket, yet seem to be the most corrupt group around.
As the old saying goes, power breeds corruption.
It seems as though they've taken this to a whole new level, and imo it's because they have been hit so hard lately by others that have fought back and squashed the naked short sellers.
I would say that we are at a turning point in the life of short sellers, and their time has come to be severly punished.
In probably 99% of most companies where the stock would have failed and sold down like this, I would have taken my money and run. But there is a calm in my position here that tells me to just hold tight and let the management do what they are obviously doing, and that no matter how much the shorts fight this, it is only winding this stock up to an even more explosive rebound.
The management posts what they are attempting to do, and everyday, they take the next step.
There is no BS going on so far from what I can see.
Imo, the shorts are trading to eachother, because anyone with half a brain can see what is going on.
It is beyond belief that they have been able to hold off the short squeeze to this level, but I can't help think that within today, or this week, that we are ready to finally put them behind us and explode into new levels.
My thought is that the majority of shareholders are holding tight too, and with all this manipulation, the shorts are WELL aware that their BS drops are meaningless now.
This stock is already worth a dime from the recent announcements, and if they follow through, it won't be long before we see that .25 to .50 share price.
MS
I think many of us missed this in the new release today too.
This if from the previous news release:
"Phase I of the Shareholders Integrity Plan.
The SIP’s implementation is proceeding ahead with a planned acquisition of a real estate franchising company for distressed assets as well as a commercial mortgage company for financing of the assets."
And this is from the second half of today's news release:
"Shareholders Integrity Plan:
We are very excited with Phase I of the SIP. Our first real estate acquisition will be shortly announced which will enable the company to add hard tangible assets to its financial statements. We feel the mortgage company will provide a ready cash flow revenue stream and will finance the growth of the real asset acquisition strategy. Revenue generation and creation is the company’s immediate goal."
LOL, walk away from your computer, she closes well over a nickel today!
Catch you guys/gals later, it's all good!!!
MS
So there are 254 million os, buy back 100 million, that pretty well puts the value of this stock immediately at about 8 cents, add everything else, add the short cover. We may not realize it yet, but we are holding 10 cent shares as I write this!!
Wow, wow, wow!!!
Ahh, sorry mm's, fake all you want here, you will have to spend a heck of a lot more for me to sell my shares!!
LOL, what a hole they are in. Too funny....I love it!!
My prediction is that we break through .052 today. There is no way they can stop this now.
MS
The company is going to buy up to $5 million on the open market!!!!!!!!!!!!!!!!!!!!!!!!!! I can't believe I own this company???!!!!!!!! Yessssssssssssssssss!!!
Just did the calc, at this share price, they can buy back 108 million shares!!!!!!!!!!!!!!!!!!!!!!!
Un friggin believable!!!!!
All I can say is wow!!! That doji had me scared looking at it last night, so I figured the gap would be filled this am, then they did push it below, which is common on the panic, but wow, what a buying opp, and what a recovery.
The mm's have tested the strength of the support of this stock and now know how strong it is.
We could very well test the 52 week high this afternoon.
Incredible!!
Two white candles on 60 minute chart, they panic pushed some sells below the gap fill, but the buying swooped them right up. This is setting up for a strong finish today, just need to test the hod and break through it.
Followed by a nice nr, and we then test the 52 week high again.
MS
Gap getting filled at .0406, 1,2, and 3 minute chart saying it's a buy now.
Somethings up with the pre-market buying.
Could be fun today again.
I hear what you are saying SuicidePill, but notice the three hammers on the 5 minute when they were pounding the price down?
Too many buyers waiting to jump aboard. Imo, the shorts have just lost the battle.
Yes, time will tell, and I do understand the hourly, but the momo is telling me that .047 was the real bottom and she should continue to fight up and re-test the hod.
It's all fun now!!'
MS
For those trading sssu today, .047 bottom now, time to reload.
Wow, 2 minute hammer said, no lower than .0479 bottom on that pull back. Talk about support and momentum...almost too tight to trade.
MS
What sssu needs is a 100 mil plus trading day.
The trading restrictions have really done very little to contain this stock.
It is actually amazing the strength sssu has with so many shorts fighting it in every way they can.
As they continue to fight, it only adds fuel to the run that is occurring.
It's like throwing gas on a fire right now, and the volumes haven't even clicked in yet.
Amazing!!
The mm's need to hold her under .05 because they know that .05 break gives us .10 in the near term.
Wow, as I'm writing this, I have to edit it because we've already blown through it!!!!
This is the battle zone, hold above .05 until 1030 and enjoy your day!!!
MS
Let the traders worry about the daily fluctuations.
If you truly are a long, pop in once a month and see how your investment is panning out, otherwise, you'll just become frustrated as we trade the support resistance lines.
MS
Great news. Time to join the party again.
Do you want to see what sssu will probably do this month?!
Look at glif's chart. In the beginning of Sept it was .02, Friday it closed at .26 with room to continue upward.
When you have a great promo like sssu is doing, you will get results like glif.
I am a trader. 99% of stocks I buy, I will flip within a day or two. I am NOT trading out of this stock.
Why?! Read the latest company releases. There are too many things going on behind the scenes that you cannot ignore.
Their game plan is so incredibly thought out, that this squeeze is only one part of what will cause the stock price to rise 10 times from this level. Add everything else they are talking about, and there is no telling where she will end up before sssu finally finds its resting point.
Whether you bought at .015, or whether you buy at a dime, will not matter because .25 to .50 range is a given, and the possibility of a dollar will present itself the closer we get to the higher values.
Some are saying that the short list could be higher than the 103 million posted. Imo, it doesn't matter. That is plenty enough for the kick start squeeze, and the rest of the company's plan will take care of the rest.
But...show even a larger short position, and it won't take long before 25 cents seems cheap. lol
This week is going to be explosive in my opinion.
20 years of trading stocks tells me we are about to become very very happy investors here.
MS
How about this idea.
It seems like you can buy sssu through the phone at ameritrade.
Well, if 770 sssu holders buy 50000 at the ask throughout the entire day, that would equate to 38.5 million shares
Now how do the naked shorts battle against that??!
Add that others would be buying up this stock on the recent announcements, and you will most likely double that number of shares traded.
You would have to think that that amount of buying pressure at the ask would drive this stock to a nickel.
Then, everyone holds their shares tight and do not sell off to the shorts.
It wouldn't take much for a nickel to become a dime, and there is no way to stop the momentum and force the continued covering of all the short positions.
Continued nr's that we have recently witnessed, and the stock explodes to much higher levels.
Call it what you want, but from the plan laid out by the company, and some savy moves buy the investors, we can create wealth tenfold here.
MS
This is a great example of how you address the naked short position. Pass this onto xkem management. We all need to work together to wipe out illegal shorts.
Silver Screens Studios: Adopts Shareholders Integrity Plan to Address its Capital Structure and NOBO Evaluation and Makes Plans to Migrate to NASDAQ Small Cap Market
2006-10-20 12:05 ET - News Release
Shareholders Integrity Plan to Address NOBO Evaluation and Protect the Interests of Our Shareholders
ATLANTA -- (Business Wire)
Silver Screen Studios, Inc. (OTCBB: SSSU), http://finance.yahoo.com/q?d=v1&s=sssu.ob implements Shareholders Integrity Plan to address share imbalance and makes provisions to migrate to NASDAQ Small Cap Market.
Shareholders Integrity Plan Objective:
Our management in an effort to protect the integrity of our shareholders investment has adopted a Shareholders Integrity Plan (“SIP”) and makes provisions to move to NASDAQ Small Cap Market once Reg. E Funds are capitalized.
Shareholders Integrity Plan: Phase I
The SIP is the equivalent to the Shareholders Rights Plans as designed by the law firm of Wachtell, Lipton, Rosen & Katz, i.e., the Poison Pill. The Poison Pill has been upheld by the Delaware Courts as a legal method to protect the shareholders interests in the company by the board of directors acting in their business judgment. We feel the SIP will protect our legal shareholders investment in our company as we restructure into a profitable entity.
Implementation:
The management of SSSU has accessed a shareholders list as of 10-11-2006. This list was compared to the NOBO list as of 10-11-2006. The shares in excess of the official total as compiled by the transfer agent will be deemed “counterfeit shares”.
Counterfeit Shares:
Any position deemed counterfeit will be deemed to be short a failure to deliver share; each failure to deliver share outstanding of SSSU shall be deemed liable as follows:
Counterfeit Shares Liability:
Each counterfeit share shall be liable to SSSU as follows:
(i) $1.00 per share in cash; plus
(ii) The 52 week high of $.041 multiplied by 7.77 multiplied by the number of days the failure to deliver position has been open.
(iii) There are currently 102,767,486 shares unaccounted for.
Restructuring of Capital Structure:
Our management feels there is a significant failure to deliver position in our stock and the NOBO list identified the extent of the position. To protect our shareholders we are developing the share exchange program with one of the Reg. E Funds that will place an estimated value of $.10 to $.25 on the shares of SSSU.
Shareholder Benefits andDividend Distribution:
We have developed the dividend program with one of the Reg. E. Funds. Each Reg. E fund can raise up to $5.0 million per year exempt from registration. We are working out the details of a dividend valued in the range of $0.05-$0.12 per share.
TD Ameritrade:
We will have an update on Monday concerning the TD Ameritrade and SBSH situation and the steps the company is taking to address the problem. According to the NOBO list SSSU has 770 account holders at TD Ameritrade who have been prevented buying shares in the company.
Summary:
The SIP will have no effect on our current shareholders. The SIP will affect the imbalance in shares that have failed to be delivered and remain open. We are exploring retaining a forensic accountant and the DTC Position Report to identify each position and the owner of the position and take actions to reward our legitimate shareholders with the proceeds we recover.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Contacts:
Silver Screen Studios, Inc.
Barry Thomas, 404-255-0400
sssu@mindspring.com
Source: Silver Screen Studios, Inc.
jabberstox, you sure have a tough time with reality, or another point of view. I mentioned long ago that xkem may be being manipulated by naked shorts, and the whole group of you trashed that as bashing. My statement of the selling of the stock seemed odd with the vol and non-rise at that time. But believe and say what you wish.
That's the whole problem with these naked shorters. It seems that those in the most powerful positions are the ones taking advantage of naked shorting. Think about it. TDAmeritrade will not allow its clients to buy sssu???? How can that be accepted? Is it not criminal?
And yesterday, that one trade at exactly 4 pm when the bid ask before and after was much higher. It's like they just threw that in our faces saying "see, we can f@#k you all and you can't do a thing about it"
And I suspect that they do monitor boards like ihub.
Well lets just hope that every single person who trades through TDAmeritrade, closes their accounts and we can enjoy watching TDAmeritrade continue down into the shiiiter like they have been lately.
There are many of these companies complaining and contacting the different Federal agencies. Look at usxp's CEO and who he has contacted....they even are worried for his life because of the noise he is making about naked shorters, but the more these companies complain and work together, the more these people in power positions will have to watch their backs.
This is more than frustrating to see an imbalance of over 100 million shares, and yet the SEC continues to say that naked shorting doesn't exist.
Whether it's sssu or any other company, I just hope that some of these criminals lose everything they've stole and spend the rest of their days in jail.
The sooner we can get this stock over .04, the sooner we can bury the shorts on sssu.
MS