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What's up Wayne? You wanted me to contact you so here I am.
Yes, it may be pegged to the dollar, but tell me this then Mr. Forex genius. Why does the value of the dinar not budge? Why does it not budge when the dollar loses 15 cents in value? Why does it not budge when it gains 15 cents in value? The dinar may be pegged to the dollar, but as you have so avidly fought against Rasica for so long, it doesn't have to move until it gets free-floated against something.
By the way, thanks for the real grown up private message. I got a good laugh out of it. Makes me think you are some little 15 year old that gets pissed off too easily.
You turned a new corner long ago on this board, and you are exactly what Aerospace has been for so long. Why do you even care anymore? You are out of this investment, correct? Move on. Don't become a bitter, arrogant fool like Aerospace and post here for 3 years about how bad of an investment this is.
JR
STRONGTOWER - KEEP IT ON SUBJECT!
This is not a US Dollar currency chat board or a "Strongtower's Opinion on FOREX" chat board. This is about the Iraqi Dinar.
Personally, I'm getting tired of you coming on here and spouting out sentence fragments about how much you know about the Foreign Exchange Market. I too am in the FOREX, and half the time what you say sounds like it comes from the media articles I read.
I know you are a moderator, but perhaps you should ALSO follow the rules and keep your posts on subject.
Thank you.
JR
This will have it's day, just like any of the thousands of other no-names that people said would do nothing. All I can say is that I'm glad I'm onboard and loaded up for when it does :)
JR
Dead stocks (so called) are the ones that you always see charts of that show explosive upward movements when you least expect it. It's never the ones you expect ;)
Just think about it and decide whether you want to hold or sell your shares. I'd love to get some more at these prices.
Here's hoping to a nice move someday for all of us.
JR
Ok, I just had to post this.
I've been chekcing up on the board every now and then for the past few years. There's a certain someone here now that use to post a lot and got into it with Aerospace from time to time. He knows who he is. Anyway, from my point of view, he has now become Aerospace in the same way that Aerospace became Aerospace. Being disgruntled and all... Does that make sense? Haha
Anyway, he disappeared for awhile and now he is back walking hand in hand with Aerospace. I just thought that was funny.
That is all.
JR
Hey guys, just got back to work from break (this is where I usually check on my stuff). What happened here last week? I like seeing this kind of activity :) Get's me all excited! It was actually buying to force it up like this, not selling.
Here's hoping that something is going on behind the scenes. After all, it is the new year ;)
JR
AND TO ALL A GOOD NIGHT! :)
Strong, it's all good man. I was never trying to get in an argument over the dinar or oil. You are a good guy from what I've seen you post before. I hope you, and everyone else on this board has a Merry Christmas too.
JR
First off, who said anything about bashing? I was merely pointing out how easy it is to say something in hindsight, rather than at the time it's happening. If I were bashing you Strongtower, I would've made it known very very clearly.
I know you know what you are talking about because you are the reason I'm here for the dinar at all. I've followed a lot of your posts on other things as well. I was not bashing you, just so you know.
Second, though, you cannot just say that oil goes up in summer and down in winter. This cycle was different. There were many many factors contributing to this oil bubble and it had to burst eventually. It's not just a matter of up and down. It's a matter of what the driving forces were behind it this time. I too, trade currencies like you and have been an ardent follower of everything that has happened lately. I'm just trying to get as much info as possible.
GLTY
JR
A word on hindsight...
In relation to the few who have been talking about investing in oil or other commodities with their money instead of the Dinar. It doesn't matter what you invest in whether it's this or commoditites. That is your choice and your choice alone.
However, it is very easy to say, AFTER THE FACT, that you should've or could've done this or that instead of this or that. Please try to keep hindsight comments to a minimum as they do no one any good. They are merely to try and make yourself look better.
Now, if you had mentioned to invest in said commodities back when oil was making those new highs, I'd give you more credit for your comments. As it stands though, you are merely seeing things for what they are after the fact.
JR
Not working? Try, they don't give a $@*& :) This, just like most other pinkies, is a crook company. The only way to make money on a pinkie is to play the crowd and never fall into the hype that they are actually trying to be a company. Their goal all along was to sell shares, reverse-split, and then sell more shares. After they reverse split next time, expect another new A/S number, with more dilution right back down to 0.0001
Just my opinion, but since I lost money here, I'll try to help anyone else that's new and coming into this to see any pinkie for what it really is. The only good thing the shares are for is lining your dog's cage :)
JR
And that tells you what? Don't try to confuse people with vague statements about volume that don't mean anything. If you are going to say something like that, then give an explanation as to why your no volume statement matters.
And I will tell you why there was no volume. Because the price wasn't doing crap and everyone knew the management lied to them about everything, like any typical pinkie. Then one day, poof, 1 for 9000 reverse split. Yes, not an honest company in my opinion. But then, what pinkie is?
GLTY
JR
I'm with JB on this one. Any company that does a 1 for 9000 reverse split and then the price still ends up where it is now, is not worth the dog crap scraped off your shoe.
Actually, you could tell your broker to send you the shares on paper and then use those to wipe the dog crap off of your shoe. That would save whatever the value of a paper towel is, or something along those lines.
I got burned by this company after they did that split. Now I have 6 shares. Woohoo... -.-
Good luck to anyone dumb enough to fall into this mess.
JR
Haha... I hear you man. I'll keep waiting too, and if and when I make some money on my others (after this crap economic scenario is finished) I'll just sell this for a loss to write off against my taxes on the others :) Win win! hehe
I think someone is trying to get this thing as low as they can to get whatever shares they can before something pops. The back and forth volume over the last 3 days is extremely odd given that this thing usually didn't even trade shares for weeks at a time.
I think something may be on the horizon for us PLSO'ers.
Good luck!
JR
Interesting day people. Let's see where this goes. I picked a few more up at these low levels just for the hell of it.
GLTA
JR
HAHA! This is awesome! Finally getting some attention. I think something is up. Someone is no longer accumulating quietly, but they are doing it loudly and quickly. Sounds good to me!!!
Good luck you guys!
JR
Ahh. I see what you mean. Sorry :)
I've held this bad boy for a long time. I still think we will have our big payout someday soon. There's no point in bringing a shell back to do nothing with it. That costs money and if there's one thing people don't like doing, it's losing money. Therefore, I have faith in this investment.
JR
iHub play? What do you mean?
Something is up with PLSO peeps. HDOGTX, I know you run that board now, but I thought I'd alert you to some suspicious volume going on over the past two days. I've seen it move before for maybe a day, but not two days. At least not in the past 1.5 years I've been holding it :) Keep on the lookout boys.
JR
Something is up with PLSO. Two days of volume like this??? Haven't seen it like this in nearly two years. I hope this is our time guys!!!
Man, what is going on with PLSO today? All kinds of randomness... I hope something is afoot!
I just checked like 5 different sites and their conversion rates. They range from 1 USD = 1165 IQD to 1 USD = 1217 IQD.
So your guess is as good as mine as to what is going on. I will acknowledge that the www.cbiraq.org site is down as well. I can't access it.
JR
I never said anything about twisting the truth. I was merely asking a question as to why I saw a 10 Dinar note that I didn't recognize in the article.
I didn't imply anything, I didn't start anything, I didn't run amok about revalue, nothing. I simply, asked a question.
And thank you for the link. I couldn't find any information on it as I am at work. Now I have some.
JR
Yes Wayne, I realize that. However, I was referring to the fact that there was a 10 Dinar note in that article. I said nothing about the highest denom note. I was referring to the lowest being 50.
25k - highest
10k
5k
1k
500
250
50 - lowest
Your article contains something very interesting.
Why is there a 10 Dinar bank note at the top of it? To my knowledge, 50 Dinar notes are the lowest Denom, am I wrong? Are there new denoms we don't know about yet? I can't see that being an old Dinar because it doesn't have Saddam's grill all over it.
Any input on this anyone?
OT
Well, neither Strongtower nor EMA-266 should be assistants anymore either. They hardly post at all on this board.
We need some people that are actually posting that have an objective eye. EMA came in whenever it suited him. He started rumors, and that was about it. Strongtower, whom I use to have respect for, has now gotten impatient like many of the others here. He's gone from DD specialist and believer to complainer, which in my eye, is a sign of immaturity.
dcjr or whatever his name is hasn't been seen here either in awhile. I think we should allow some of the more trusted people here that do a lot of the research to take their places.
I think that RJ Trotts deserves to stay where he's at though.
This is all in my opinion.
JR
HAHA, I would soooo retire tomorrow if that were true =)
I could sell a 10th of my position and still make enough to live off of for the rest of my life ;)
GL To Us All
JR
Haha, check this out!
Time & Sales
Price Size Exch Time
0.001 300000 OTO 09:53:53
0.0009 100000 OTO 09:53:53
Someone bought 300000 at 0.001 at the exact same time that someone was trying to keep the price down at 0.0009.
That's if I'm reading this correctly.
I find it funny that they want to keep it down so bad. Guess they misjudged the size of the buy at 0.001
JR
I'm still here and I'm still encouraged by what I see. Little buys here and there can only mean that someone is trying to accumulate quietly... and most likely for good reason.
Good luck to you all and may we see our day soon!
JR
Royal Dutch Shell confirms in talks on Iraq oil production
8:16a ET June 20, 2008 (MarketWatch)
NEW YORK (MarketWatch) -- Royal Dutch Shell PLC on Friday confirmed it's in contract negotiations to boost Iraq's petroleum output, after reports that the western oil giants are close to resuming a major role in the war-torn country for the first time in 36 years.
The oil majors as well as a host of smaller companies are in talks with Iraq's oil ministry for unusual no-bid contracts to service the largest oil fields, the New York Times reported earlier this week, citing ministry officials, oil company officials and an American diplomat.
Beating out offers from 40 other companies in Russia, China and India, five companies -- Exxon Mobil Corp. , Chevron Corp. , Royal Dutch Shell , BP and Total SA -- are emerging as frontrunners as Iraq moves to modernize operations through which to tap its vast oil reserves.
The move could mark a rare foray into an oil rich-nation for the petroleum majors, dealt a series of setbacks as countries from Bolivia to Russia and Kazakhstan move to secure a larger share of their own oil wealth.
With oil prices teasing $140 a barrel and the majors struggling to replace their reserves, plenty of petrodollars at stake.
Sensitive to the appearance that they are profiting from the war, senior oil executives point out they are helping Iraq restore its infrastructure, which fell into disrepair under deposed dictator Saddam Hussein.
DC, I believe you need to take a step back and figure out what you are doing here. I don't care that you've been holding Dinars for 3 years. All that tells me is that you are becoming impatient and angry with your investment for not returning anything useful yet. That is a sign that you either need to get out, or re-evaluate your position. A lot of people here that tout this as a long term hold, seem to be the ones becoming more and more pissed that the exchange rate isn't moving. In my mind that doesn't make sense.
And no, you are wrong, this is not like a stock at all. You can't pump a currency like you can a stock. All you can do with a currency is sell it (exchange it). That doesn't make the value of it change at all (in the big picture). So you are wrong about it being like a stock. Maybe you should 'OPEN YOUR EYES'
You use to bring useful information to this board, but you stopped posting some time ago. Now, when you come back and make your little snive comments, that just tells me that it's time for you to get out before it takes an emotional toll on you.
JMO
Umm, I don't know... because you made the investment? Is that a good enough reason to be upbeat about it? If it's not, then maybe you should just treat this like a bad penny stock and dump it. Any investment you own, you should be upbeat about. If you aren't, then maybe its time to cut out and move on.
I mean, Heavy, come on man. You sit here and tell everyone day in and day out that you believe in slow grow. Do you think slow grow is going to happen in a year? Do you think slow grow means the exchange rate moves every single day of the week? Good God man, have some patience. It's going to be awhile if it slow grows.
You've still got a lot to learn...
As long as it is still trading, I have faith in PLSO. These things really come out of nowhere. All it would take is an update of an annual list or something at the Nevada SOS and this thing would explode. I for one, want to be ready before that explosion happens :)
Iraq troops move into Shiite militia stronghold
http://www.msnbc.msn.com/id/24723075
I'm holding this till the end... there's no point in selling at these levels. I'll only make a couple hundred dollars back and I can make that on the FOREX in like 2 minutes during volatility. I don't need it that bad =)
GLTY
300 shares traded... MM Signal for "Take the price down so I can load up on shares"
Maybe they think something is up too?
Yea, I hope the little engine turns in to a full-blown unstoppable diesel beast of a train someday :)
Thousands flee as Sadr City offensive looms
Associated Press
updated 4:27 a.m. CT, Thurs., May. 8, 2008
BAGHDAD - Iraqi soldiers for the first time warned residents in the embattled Sadr City district to leave their houses Thursday, signaling a new push by the U.S.-backed forces against Shiite extremists who have been waging street battles for seven weeks.
Iraqi soldiers, using loudspeakers, told residents in some areas of southeastern Sadr City, which were virtually abandoned, to go to nearby soccer stadiums, residents said. UNICEF says about 6,000 people have been forced to flee their homes in Sadr City, most of them from the southeastern section.
U.S. forces have increased air power and armored patrols in an attempt to cripple Shiite militia influence in Sadr City, a slum of 2.5 million people that serves as the Baghdad base for the Mahdi Army led by anti-American cleric Muqtada al-Sadr.
The U.S. military is trying to weaken the militia grip in the slum and disrupt rocket and mortar strikes from Sadr City on the U.S.-protected Green Zone, which includes the U.S. Embassy and key Iraqi government offices.
Several civilians were injured in rocket or mortar attacks that hit downtown Baghdad earlier this week.
Iranian links?
The battles started in late March after the Iraqi government opened a crackdown on militias and armed gangs in the southern city of Basra, including some groups Washington says have links to Iran.
At least four people were killed and 13 injured in clashes late Wednesday in Sadr City, Iraqi health officials said Thursday. It was not clear whether any militants were among them.
On Wednesday, Claire Hajaj, a UNICEF spokeswoman based in Jordan, said up to 150,000 people — including 75,000 children — were isolated in sections of Sadr City "cordoned off by military forces." She said about 6,000 have fled their homes.
Iraqi soldiers on Thursday shut down a local radio station, al-Aahad, run by the Sadrists after raiding offices of the station in a neighborhood near Sadr City, police said.
Gunmen wearing police uniforms killed a police captain Wednesday after kidnapping him from a police station in Shiite neighborhood of Abu Dshir, police said Thursday. His body was found near the station.
In the southeastern Shiite city of Kut, gunmen on Thursday stormed the Technical Institute and abducted a professor, Nuri Kamil Khanjar, local police said. It was not clear why Khanjar was kidnapped.