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Penny stock purchases require a limit price order.
Personally, I raise my limit price a few cents above the current price so that a majority of my order would be filled. Otherwise, I will paying more in fees to my brokerage firm than for actual shares. Be careful with your stock purchases because you don't want to short this one.
Many years ago, my brokerage firm made an error in my account concerning another stock that I thought was in my advantage. When I sold the error (thinking I had made a large profit), I got a phone call a half hour later from the broker telling me that I had created a short on the stock & needed to buy the shares back immediately. 15 sweat filled minutes later & significantly poorer, I had covered my stupid decision. A mistake made but a valuable lesson learned on what not to do. By the way, I will never short a stock but I will purchase put options which is much safer & limits your loss if the trade goes wrong.
TMPS long traders are in the 33%.
I reposted a cleaned up edited but accurate version of the billionaire article originally posted on the drudgereport. I thought everyone here would find it amusing. Personally, I have accumulated over 300,000 shares & I will continue to add if the price remains this low.
Less than 33% asked say they trust billionaires
Republicans are more likely than Democrats to admire the rich
Wall Street's Efforts to Improve Its Image Are Failing
Bad news for financial titans like JPMorgan Chase & Co.’s Jamie Dimon and Goldman Sachs Group Inc.’s Lloyd Blankfein: Most Americans hold unfavorable views of Wall Street banks and corporate executives, and distrust billionaires more than they admire them.
Despite efforts by Wall Street firms to regain trust since the 2008 financial crisis, fewer than a third of Americans view the industry positively -- unchanged from 2009, according to the latest Bloomberg National Poll.
Dimon, 61, and Blankfein, 62, each chief executive officers for more than a decade, have sought to influence the public policy debate on issues including infrastructure investment, regulation, education, immigration and corporate tax reform. Both were revealed as billionaires in 2015, according to the Bloomberg Billionaires Index.
Yet the poll shows that Americans are much more likely to distrust billionaires than admire them, 53 percent to 31 percent. And just 31 percent look favorably on corporate executives and Wall Street.
Big banks “are still pushing for deregulation and they are going to get us right back to where we were with the financial crisis,” said poll participant Chad Boyd, 36, an independent voter and information technology worker who lives in Louisville, Colorado, about 10 miles east of Boulder.
Bankers, for their part, have been expressing their sympathy for Americans’ frustrations. Dimon unleashed a diatribe last week about the nation’s failure to address the opioid epidemic, economic growth and education, blaming dysfunctional politics and the media. Blankfein recently took to Twitter, calling for unity in Washington and for the U.S. to emulate China’s infrastructure programs.
The CEOs have sought to rehabilitate their banks’ brands in the wake of a crisis that left more than 8 million Americans out of work and cost shareholders tens of billions of dollars in fines and legal settlements. Blankfein, for example, created a business standards committee and responded to public outrage over Goldman Sachs’s compensation practices by taking $500 million from bonuses to provide money and advice to budding entrepreneurs through the firm’s 10,000 Small Businesses program.
But two major events last year -- Britain’s vote to leave the European Union and Donald Trump’s surprise election -- show the limits of the bankers’ sway over the public. Both Dimon and Blankfein opposed Brexit and indicated their support for Trump’s Democratic opponent, Hillary Clinton.
Spokesmen for JPMorgan and Goldman Sachs declined to comment.
Republicans are much more likely to admire billionaires than Democrats, 53 percent to 17 percent. For some poll participants, the popularity of billionaires depends on the billionaire.
“Sometimes they do stuff against the little guy” and don’t always give back to help society, said Leigh Lamon, 36, a preschool teacher from Bothell, Washington, a suburb of Seattle. However, Lamon said she admires billionaires like Microsoft Corp. co-founder Bill Gates: “He has done a lot of good.”
Still, a distrust of billionaires didn’t stop Americans from electing one as their president, or discourage him from hiring more of them to serve the public. President Donald Trump, the first billionaire to hold the office, has appointed two billionaires and at least a dozen millionaires with a combined net worth of about $6 billion to his cabinet. They include Commerce Secretary Wilbur Ross and Small Business Administration chief Linda McMahon.
Read more: Another Trump pick for ambassador is shown to be a billionaire
The world’s 500 richest people control $5 trillion in wealth, more than the assets on the Federal Reserve’s balance sheet, and 161 of them are Americans. The poorest half of the world -- about 3.75 billion people -- collectively are worth less than 10 percent of that, according to the charity Oxfam. Even as elaborate tax structures help the world’s richest avoid taxes, the well-endowed foundations of billionaire philanthropists are directing money to the pet projects of their owners.
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The Fed, meanwhile, improved its standing as the economy strengthened in recent years. Fifty-two percent of those surveyed view the central bank favorably, its highest score since the poll began tracking it in September 2009. Fed Chair Janet Yellen continues to toil in relative obscurity. More than half of respondents said they don’t know enough about her to form an opinion, while 28 percent view her favorably and 15 percent unfavorably.
The telephone poll of 1,001 American adults has a margin of error of plus or minus 3.1 percentage points, higher among subgroups. It was conducted July 8-12 by Iowa-based Selzer & Co.
Good job BillJay, John Kent & others.
Generally, this is a well behaved, disciplined & informative message board crew. I prefer to lurk in the background & read the relevant messages to confirm the legitimacy of my investment. Don't like to throw my money away on scams. I think we have a big winner here that should gap up once the warrant situation has been resolved. Personally, I will likely not sell until after TMPS upgrades off the OTC. At that point, we will get a huge influx of traders who see an extremely undervalued stock even at the $3-$5 range. 15 million shares is a small float for a NASDAQ stock. TMPS should fly & my account will reveal an ungodly large number at that point. Good luck to the patient investors.
Anything below $1 for TMPS is insane.
It will take a little time for word to spread but this will shoot up & the hopefully we can escape the drama of the OTC & upgrade to NASDAQ. I still insist that when we reach NASDAQ, the price will rocket because other investors will consider $3-$5 for this gem to be incredibly undervalued. Where it will end up precisely, is anybodies guess.
QTRADERQ did his homework but also distorted reality.
The 4 board directors likely resigned in the hostile takeover.
If you notice the stock price had been going down during their tenure. If they had stayed, they likely would have diluted the stock in order to pay the bills. I think this stock is a miracle from heaven at an insanely cheap price. Any purchase of less than a dollar is a bargain that will look ridiculous one year from now.
Drama will vanish when we upgrade to NASDAQ.
The discussion for the past day revealed there was a hostile takeover
by the Swedish billionaire which might have been a good event for the stability of this company. Discussion about massive dilution is phony & a product of a deceitful veteran penny traders effort to create fearful selling so he can get in at a cheaper price. That's all--stay strong folks--TMPS is going much higher.
The current stock price of $.485 is insane.
When you tell other traders a year from now that you purchased TMPS for less than a dollar, they won't believe you. I'm expecting Monday half day of trading to be fairly quiet even here. Wed after the holiday & excitement should build.
Congratulations. You made a good purchase.
Literally, come back to this website occasionally just for updates but don't sell your shares even after it is upgraded to NASDAQ. You will be able to follow info on stocktwits.com at that point. When TMPS rockets to $25-$30 price range & your initial $12,000 is worth about $500,000, I wouldn't blame you for selling. Good luck.
When TMPS is discovered on NASDAQ at $3-$5 range
it will explode even higher since money market funds & investors will see even that is a crazy undervalued price. This could happen within a year since their operations are further along than I thought. The current stock price of $.48 is insane. I wouldn't short this stock on a dare unless you want to file for bankruptcy soon enough.
This is a $25-$30 stock selling for pennies on the OTC.
This is a ridiculously undervalued stock that should already be offered on NASDAQ. Hold on folks, we are in for a ride of a lifetime.
TMPS story is too compelling to ignore.
I will accumulate more shares on the shortened Monday trading day. Have a good weekend everyone.
A 3 million share public float is still very small. I'm hoping to increase my position next week. Enjoy the weekend with a BBQ.
Accumulation of TMPS shares continues.
The background story here for this penny stock is remarkable regardless of the chart. I have liberated more money which will be available on Monday so that I can continue to strengthen my TMPS position. Good luck all & have a good weekend.
I've posted very little because I want it to remain below the radar while I'm busy accumulating shares. TMPS is definitely not your typical penny stock but alot of traders are reacting to it as if it is. Thus I will remain quiet & continue to accumulate. Have a nice day everyone.
I'm continuing to accumulate shares. I have more firepower so I will continue to accumulate in the future unless this explodes. The TMPS story is very compelling & even this penny stock inspires confidence in me that I've chosen a big winner.
According to OTC market website, TMPS has a public float of 471,466 shares as of July 8, 2016. Outstanding shares as of Nov 14, 2016 is about 11 million. Other traders here say 14 million shares which might be more up to date but posted elsewhere. Anyway, the public float is quite small & makes this stock very volatile. Hopefully, I will be able to purchase shares at today's closing price tomorrow. This should be quite an adventure for the next few weeks.
I've been accumulating this stock today. Intend to increase my position tomorrow with available funds. The 2 billionaire story is very compelling---very unusual for an OTC stock. Today's activity was simply ordinary profit taking. This will go back up eventually. I would be curious if claytrader does a TMPS video.
There is nothing posted on my account about SOMA, warrants or dividends. I purchased my stock on November 28th
Excerpt posted for the amusement of EQBM longs
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At eleven o'clock on that Monday morning he was seated upon his embossed leather throne, under his grandfather's portrait, immersed in an atmosphere of self-adoration. At intervals he straightened himself, distended his chest, elevated his chin and glanced round with an air of haughty dignity, though there was none to witness and to be impressed. In Wall Street there is a fatuity which, always epidemic among the small fry, infects wise and foolish, great and small, whenever a paretic dream of an enormous haul at a single cast of the net happens to come true. This paretic fatuity now had possession of James; in imagination he was crowning and draping himself with multi-millions, power and fame. At intervals he had been calling up on the telephone at his elbow Zabriskie, the firm's representative on 'Change, and had been spurring him on to larger and more frequent "sales" of Great Lakes.
His telephone bell rang. He took down the receiver--"Yes, it's Mr. Fanning-Smith--oh--Mr. Fanshaw----" He listened, in his face for the first few seconds all the pitying amusement a small, vain man can put into an expression of superiority. "Thank you, Mr. Fanshaw," he said. "But really, it's impossible. WE are perfectly secure. No one would venture to disturb US." And he pursed his lips and swelled his fat cheeks in the look for which his father was noted. But, after listening a few seconds longer, his eyes had in them the beginnings of timidity.
He turned his head so that he could see the ticker-tape as it reeled off. His heavy cheeks slowly relaxed. "Yes, yes," he said hurriedly.
"I'll just speak to our Mr. Zabriskie. Good-by." And he rang off and had his telephone connected with the telephone Zabriskie was using at the Stock Exchange. All the while his eyes were on the ticker-tape. Suddenly he saw upon it where it was bending from under the turning wheel a figure that made him drop the receiver and seize it in both his trembling hands. "Great heavens!" he gasped. "Fanshaw may be right. Great Lakes one hundred and twelve--and only a moment ago it was one hundred and three."
His visions of wealth and power and fame were whisking off in a gale of terror. A new quotation was coming from under the wheel--Great Lakes one hundred and fifteen. In his eyes stared the awful thought that was raging in his brain--"This may mean----" And his vanity instantly thrust out Herron and Gertrude and pointed at them as the criminals who would be responsible if--he did not dare formulate the possibilities of that bounding price.
The telephone boy at the other end, going in search of Zabriskie, left the receiver off the hook and the door of the booth open. Into Fanning-Smith's ear came the tumult from the floor of the Exchange--shrieks and yells riding a roar like the breakers of an infernal sea. And on the ticker-tape James was reading the story of the cause, was reading how his Great Lakes venture was caught in those breakers, was rushing upon the rocks amid the despairing wails of its crew, the triumphant jeers of the wreckers on shore. Great Lakes one hundred and eighteen--tick--tick--tick--Great Lakes one hundred and twenty-three--tick--tick--tick--Great Lakes one hundred and thirty--tick--tick--tick--Great Lakes one hundred and thirty-five--
"It can't be true!" he moaned. "It CAN'T be true! If it is I'm ruined--all of us ruined!"
The roar in the receiver lessened--some one had entered the booth at the other end and had closed the door. "Well!" he heard in a sharp, impatient voice--Zabriskie's.
"What is it, Ned--what's the matter? Why didn't you tell me?" Fanning-Smith's voice was like the shrill shriek of a coward in a perilous storm. It was in itself complete explanation of Zabriskie's neglect to call upon him for orders.
"Don't ask me. Somebody's rocketing Great Lakes--taking all offerings. Don't keep me here. I'm having a hard enough time, watching this crazy market and sending our orders by the roundabout way. Got anything to suggest?"
Tick--tick--tick--Commander-in-chief Fanning-Smith watched the crawling tape in fascinated horror--Great Lakes one hundred and thirty-eight. It had spelled out for him another letter of that hideous word, Ruin. All the moisture of his body seemed to be on the outside; inside, he was dry and hot as a desert. If the price went no higher, if it did not come down, nearly all he had in the world would be needed to settle his "short" contracts. For he would have to deliver at one hundred and seven, more than two hundred thousand shares which he had contracted to sell; and to get them for delivery he would have to pay one hundred and thirty-eight dollars a share. A net loss of more than six millions!
"You must get that price down--you must! You MUST!" quavered James.
Would I be correct in assuming that since Larry's press release yesterday, margin calls will soon appear on the short's account?
Wouldn't that be something -- no trades for today.
My smaller order was filled in about minute. I suggest you break up your large order into smaller ones. They might even drop the price on you allowing you to end up with more than 300K in the end.
Very odd. I just bought 46,000 @ .009 but it shows up as a sell @ .008
I'm frustrated that one of my other positions did not show a profit so that I could make a much bigger move into this one.
I believe this stock will go up dramatically very soon.
That is exactly what I just did.
I just bought 47,000 @ .0085
Quite frankly, my problem is not the price
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It was .0085 not too long ago---which is a bargain, from my perspective. Unfortunately, I don't have the revenue & I am reluctant to take a lose somewhere else. Of course, selling this stock right now has not even entered my mind.
Please don't take this the wrong way folks.
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I hope this stock can stay low for a couple more days. I have another stock that is slowly gaining value. If it can explode a little faster, I will buy a major position in this stock. Now--we have until Friday--remember.
I have a cash account but why would I be experiencing these mysterious fees? By the way, I have not registered my shares in EQBM. Do I need to e-mail my current holding to that e-mail address that has been mentioned a few times here. I thought that simply buying the shares from my broker should have been sufficient. Thanks folks for your advice--I appreciate it.
If it is an administrative fee, how much will it run into & is everyone experiencing the same fee? There is nothing on my account indicating receipt of the dividends or warrants. Right now, my buying power is a negative number & needs to be covered again tomorrow. It makes me feel like I am a short or that someone has broken into my account. I want to be prepared & fully informed when I discuss the problem with my brokerage firm tomorrow morning to correct this distressing situation.
Something very strange is happening on my account & I am wondering if anyone else has experienced it too. I purchased this stock a few weeks ago & averaged it down on Thursday. I have never shorted a stock. For the second time in the last couple days, my buying power indicates a small negative number. I sold a bit of another stock to cover the small negative number the first time-figuring I had miscalulated when I purchased EQBM on Thursday. But now it happened again & it looks a bit odd. Again, I have no short position that needs to be covered. Obviously, I will contact my broker tomorrow morning to correct this situation. But I am wondering if this problem is related to this stock since I have never experienced this problem before. Perhaps, you folks might offer me some advice on how to handle this matter. Thanks.
Just averaged down my position---19,000 @ $.0105
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I am not certain what rational person would sell this stock right now with the information that is available here. I made a decision to take a small loss on another stock because I believe EQBM will easily give me a bigger profit within a short period of time.
EQBM is textbook on solving the Short problem
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Perhaps other companys experiencing similar naked short problems with their stock should take heed, if this in fact works out. I wish I could increase my position in EQBM but my other positions are too powerful in their own right. Good luck folks. This looks like a wild trip for the next couple of months.
I increased my position in this stock today. What would be a realistic goal for this stock a few weeks from now? What sort of deadline happens on December 15th that requires shorts to cover?
Will the January effect have any impact on this stock?
EQBM is primed to rocket towards a dollar
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Recent headlines indicated EQBM management's intent to seriously pursue the extremely large naked short position that this stock has endured & force the naked short investors to cover their positions. Also, EQBM indicated they would reduce the float by a sizeable amount. Add in the essential value & profitable nature of this company & you have an extremely explosive situation. This stock has already begun to rise & it would be an opportunity to jump on board as soon as possible to claim your position, especially in this uncertain market climate. Of course, do your own due diligence to verify the information that I'm providing here.
EQBM is forcing the naked shorts to cover.
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If the naked shorts fail to cover --- & that runs into over 100 million shares --- & if EQBM reduces the float, as they have recently indicated they would, the price of this stock will rocket up into the stratosphere. I bought a small position in this stock recently when it went down slightly. I can see now that it will turn out to be one of my wiser & more fortuitous stock purchases. I hope this stock will launch past $1 & perhaps reach towards $2. The temptation to sell before all of the shorts are contacted & receive their bad news is going to be awfully difficult but I will somehow resist. I fully expect the green number on my account to get very large indeed. I wish every shareholder here a happy holiday, a merry Christmas & a happy & peaceful new year.
Why would naked shorts be affected by changing the name of a company? Perhaps one of the more knowledgeable investors can explain to me why would a change in the name expose the shorted positions. I notice that a few of my stocks are being affected by naked shorts but I am waiting patiently for one of my stocks to show a profit so I can average down the other affected stocks.
Cargo Hauler --I'm watching your selections very closely
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It appears to me you have an inside track on stocks that became undervalued due to naked stock shorting. I will be giving your selections a very strong review. I'm sorry about the ENUI comment because now it makes me look totally inept.
On an unrelated note, I had SLJB on my list of stocks that I was seriously considering buying early last week. For some reason, I never got around to buying it. I also had a 382K share position in CHDT since August that I sold for a small profit last Wednesday. A few weeks ago, I had a small position in ECFL that I sold for a slight loss. I suspect that I would do well to continue to trust my instincts.
Overall, my portfolio looks extremely promising.
Thank you Cargo Hauler for correcting my analysis
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Apparently, the CEO of ENUI who made the comment in my posted e-mail resigned from his position yesterday. I was quite concerned that investors might be buying a stock that would cease to exist within the next 90 days. It is a cautionary tale for me to make sure to analyze information more thoroughly.
On an unrelated note, I want to thank DART1961, Muzic & other contributors to this & similar sites for providing stock ideas that deserve closer inspection. Up until a month ago, I would never have considered buying stocks like ETIM, PYPR, ATWT, DPBL & RSHN. I must admit that advisors like Motley Fool were persuasive with their stories of shareholders being wiped out in these type investments. Now I can see that there are major opportunities available that can't be ignored.