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Nostoksrall...
Yep, I'm there...lol, but if you are sneaky, you can still trade on margin. I use Scottrade and once you are back on the good side, and if you fall below, you just have to keep the trades down to a few a day and not for to much $.
BTW...howdy market stories board, or should I say RSDS board #2, lol.
Loofman
Xtreme, I believe it was a combination of both...
I still have the same concerns as you do about emails.
I believe there was an email sent to one of the posters here that said that Mr. Berman would not be doing a r/split and it seemed to infer that we would be maxing out at 750mil for now. If so, then as dak and others have suggested, there is a good chance this stock takes a upward move and possilby soon.
jmo
best regards,
Loofman
Erika, I totally believe the MM's read these boards and know who's who and what affects the sentiment of the investors. The stock was dropped to .0016 after HEAVY buying above .0020. Some of course, was backfilling, but, the poster involved is fairly well known and his comments gave the MM's an opportunity to play on investor fears to help consolidation, imho. Who knows, the poster may be tied to a MM? This is a crazy world of investing...
jmo,
Loofman
If it gaps open to .0025, then I say it runs all the way to .0034 - .0038 before hitting stiff resistance.
.0025 would be above the basic consensus that .0023 is our current resistance barrier.
Bring it on my friend, and invite your neighbors, family, co workers, and even people you don't like to join the party, lol.
Looking forward to next week, like the rest of y'all!
jmo,
Loofman
Erika...
only GOD and the MM's know! The way this stock has traded, it could be up to .005 or down to .0009 for all we know. My gut says it won't open under .0016, but might dip to .0014 on the sell side in the first hour or so.
jmo,
Loofman
Oh, and one more thing since it appears that dak is taking the day off....
GO RSDS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
BOOOOOOOOOOOOOOOOO YAAAAAAAAAAAAAAAAAAAAAA !!!!!!!!!!!!!!!!!!!
Very active here the past 24 hours. I think the eyes have it! :)
There are alot of good posts, good folks, and good dd! Thanks to all for this. THIS IS GOOD MARKETING for an itty bitty company like RSDS.
I still say the dilution is a non issue technically. Psychologically it seems a bit more of an issue for some of you, but, if you see it for what it is, we are building a company using these shares to fund growth!
Valuation and future potential are key right now, and if Uranium stays on the hot track that it is, it will remain a top of mind investment. If Rick Berman listens to the market, listens to his investors, and has the intelligence to get Russell in a position that excites investment, those of us who are willing to buy into the big picture should do VERY well here, imo.
Thanks again to Righty, dak, Thomas, gravy, roiresearch, NYBob, abesmith, and the many others who are apart of great team of investors helping to build the case for Russell Industries.
Loofman
I kinda want to know who bought the 50 - 70 mil shares at .002 today and how they feel about the possible manipulation and a close at .0016? I'm surprised no one has talked about this. That's a 20% drop in value of shares or about $28,000. I also wonder who wanted in that badly, and were willing to take that kind of hit? Maybe there's something we don't know about here and maybe next week will be alot more telling?
jmo,
Loofman
dak if I had a job for you I'd hire you in a sec...
113 dedicated posts to RSDS in one day, Whew!
I heartfully hope you make a decent and fair profit here.
Not sure how you do it. :)
Loofman
Don't you just love this...
an anonymous poster convinces a guy like me to buy into a little known pink sheet penny stock because it's a cheap uranium play in a hot uranium market. After doing some dd and reading a message board I paid for, I got intrigued with the opportunity that seemed to be unfolding before my eyes. The anonymous poster seemed to have a huge following and they really followed the guy. In fact, this guy is a moderator on like 100 or more boards, so he's got to be right about this one, yes? Then, he disappears, the price goes down. I stay in because, in my DD I saw a bit of opportunity based on Pr's and investor sentiment to name a few influences. Later, that same anonymous poster shows up and has new information about the CEO and the company he so heavily touted just a few weeks ago on a day the stock was steadily increasing in price and volume. I'm still here, and I am still here not because of the poster, but because the opportunity this still seems to present itself. Look at the claims, the poetential, the existing valuation, the marketcap and the sentiment. It's a gamble and I've taken it bigtime. So thanks to BHS...sort of.
Loofman
I understand...
your concerns are reasonable and seem sane. :)
Thank you,
Loofman
The company files to increase o/s and hopefully has a carefully worded PR that explains exactly how the funds will be used and some guidance as to the value in doing so. Or, you do private placement? Are there other creative non dilutive options I'm not familiar with?
Loofman
So basically, you are saying that Russell is not worth anything and the post by xtreme confirms this? I'm sorry you don't need my post, but thank you for answering it.
sincerely,
Loofman
Hey Free Nebula....WRONG!
It was stated in a 501 that the total funds needed to be raise were $1mil dollars. THAT MEANS 1 MILLION DOLLARS. I think the company is almost there.
I'm a God loving Methodist and God forgive me, but what the HELL is all this crap about dilution? If we max out at 750 mil at the current s/p, we are at $1.2 million dollars marketcap. The company is obviously buying Uranium leases and has stated that they have a value, in current $ of more than $60 million dollars. On top of all this, the company has purchased another 100 or so claims yet to be valued.
AM I MISSING SOMETHING HERE FOLKS!
Is anyone still sane here. LOL
Am I?
Loofman
I understand that there are some here that are working this stock underhandedly for their own personal gain. There is a disinction between pumping and deceiving. I understand the risks of pink sheet penny stocks...but you are playing with a large some of MY money and I'm sure a large number of other very decent honest investors here. Loofman doesn't like good folks being deceived...
Righty, I know...
and I've been involved in another company with a similar situation where the CEO took quick action, and the individual WAS put behind bars. This time it's even more extreme. I don't know what's going on with this, but, I do know there are ways to find out and fairly quickly.
Loofman
I'd love to know how more than 100 mil shares can be traded/purchased at .002 and above, and the stock closes at .0016?
Anyone have a good handle on how this market works? I mean seriously?
Loofman
How many seconds does it take to respond to an email such as the one I sent the other day?
I wrote a note to commend his actions, offered some objective opinion and also offered to possibly supply some artwork for the website.
Nada...
Loofman
Same here...
not once. Got any suggestions as to how to get some legal advice?
Loofman
Posted by BHS...
"NOPE. wrong again. Not Bashing. Good stocks can stand up to criticism. Bad ones cannot. I let the DD do the talking. I did not make ANY mention of my opinion of Rick Berman the CEO of RSDS. But I will now - HE IS A SCUM BAG DILUTER and CON ARTIST!!!!!!!!"
http://www.investorshub.com/boards/read_msg.asp?message_id=18761052
Why is Blue Horse Shoe not banned from ihub?
And, quite possibly the feds should be looking here?
It's obvious there is a serious problem here.
Loofman
Maybe Rick drilled 3 holes this week, and sold some of the ore!
:)
righty, so far so good...how many sellers have you seen so far?
We believe!
Loofman
RSDS - getting ready to go Parbolic?
RSDS - yes RSDS is the best Uranium play going now, imo. Alot of folks like myself have been following this one for months, and it's just getting going.
Loofman
RSDS - It's absolutely going insane with buys - the balloon is about to go, imo.
Loofman
O.K. it looks like a min of 10% of the o/s has been bought up in the past hour and continuing, this has got to start going Parabolic pretty soon imo! Am I not thinking right here?
LOL
Loofman
Dak, smart money who want to party hardy, cause the party here is just starting imo. This is a freakin buy a thon! :D
Loofman
technically...no sh----T! lol
Well we were talking about 100 mil might take it to .003 and I said I thought maybe 200 mil...think I'm closer and I'm now starting to think there's a chance for 200 mil! Hang on and hold em thru!
Loofman
weird, better check my monitor...lol this looks like we have an afternoon flyer?
Loofman
builder, scottrade shows the majority being all red, and I am stumped how this is staying at .002 with now more than 40 mil traded at .002.
Loofman
ok but why all red ='s and now a lock bid/ask?
I'm counting about 40 mil shares at .20 traded so far...how many 20's are there???? What's going on???
Loofman
My screen shows a ton of those buys as red = signs across the board...any clues as to what this is?
Loofman
ironman, good PR today! :) So you are giving us your guidance for the company..."at least a dime!"
Hopefully the analysts covering this one will concur.
Loofman
What, is he going fishing for the weekend with his new bass boat he got pumping RSDS? sorry
Loofman
The stock seems to be setting up beautifully this past week don't you think? Good job mm's, lol. Goooooooooo...RSDS. I think we are ready for something good.
jmo,
Loofman
Maybe we could help him with a few tips...LOL
Howdy builder...I was going to suggest that and thought longer about how the stock trades. I think along the way we will still see some resistance with selling in the mid 2's. But so far, you are right here at the beginning of the day, it looks very thin.
jmo,
Loofman