Comjoyful International Co. (KJFI)

[xxxxtrader]

CAML moving from lottery to red alert Friday if no more follow-on bloxxxx selling tomorrow and Thursday...

The 60k market order seller Monday hasn't dragged any insiders with him so far. I'm now leaning more toward that the theory that the seller was the whale himself T. Baulch on Monday selling 10% of his 600k shares to avoid a merger squeeze. The chart was looking too good, with the tight float, .50-$1/share could have been minutes away Monday morning if not for the opening hit.

And lets add some intrigue to the situation. We know the ONLY other party in tha know would be Daniel Wettreich the CAML CEO, who is ALSO the transfer agent. Daniel Wettreich knows how a squeeze could work on momo... it happened last year at one of his thin trading shell stocks WNCF .10- $1.25 in 2 days:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=wncf&sid=0&o_symb=wncf&f...

And he would be the only one who would be in position to "fix it". The 60k block Monday at .04 just keeps looking more and more suspicious... normally you would see at least 5000 or more go off at .07, then .065, .05... since it closed .07 Friday 9/15. A Dan W. phone call to the mm's before the market open Monday 9/18?

Could it be payback to the whale for the "tell" Dan W. gave off when he loaded 10k when he sent in the last 10Q the previous week that kicked off the activity?

Maybe this conversation between the Whale and Wettreich on 9/15:
http://www.investorshub.com/boards/read_msg.asp?message_id=13336575

Went something more like this:

Whale: "Dan, the outsiders are on to us... the 4th leaderboard in 6 weeks! DID YOU TELL ANYBODY last week???"

Dan W. : "Sorry T, I couldn't resist putttin in a 10k buy for my kidz college fund when I sent the 10Q in last Friday... I didn't think anybody was watching... my bad...
Apparently somebody noticed that there are never any shares traded when I send in the 10Q's for my other shells WNCF, MLEX and FCPL, and CAML previously, but there were this time for CAML... Those OUTSIDERS are getting sharper and sharper!"

Whale: "What are we going to do about this? The paperwork isn't coming back from the lawyer until Sept. 28! The momo is going to cost me millions if I have to payoff these outsiders $1-$5 even before I even seal the deal! Sillerman had it so much easier over at SPEA!"

Dan W. : "Again T., I'm sorry, ever since SPEA these clean shells go into play fast because every buddy watches them closely since SPEA hit. I had one xxxxplode last year 10 bags on momo alone. I tell you what we can do to get CAML off the leaderboard temorarily... how many shares do you have now? 600k, averaged in at 3?"

Whale: "Yeah"

Dan W. : "Ok, put in a market order for 60k limit 4 before the market opens Monday, and I'll fix it with the market makers to fill the whole order at 4. That way the momo will get knocked off track with the ticker showing -60% at the open. The outsiders will think a big insider is selling and will back off. We'll buy the block back right before the merger... might cost a few penny ticks now but better than a multi-dollar payout to the outsiders, eh?"

Whale: "Ok, lets try it. Hope the plan works Dan! That will give me some breathing room, and I'll try to get the lawyers to speed up the paperwork."

It looks like the "unsaavy insider" making a "million dollar mistake" theory seems more implausible every hour as any insider that has waited 8 years with a big 60k share load would NEVER put a market order in just as the rockets were starting to fire off. And somebody that big would have been so knowledgeable that he would have dragged other insider sellers in with him.

And if no more selling tomorrow and Thursday, and looks like maybe T. Baulch or summm buddy back on the bid at 5. And IF it was T. Baulch as suspected that did the 60k market order, every hour without a selling block means THA WHALE IS STILL ON THA LINE.

I'm looking over at the whales other Form 13 stock ANML... no action there... still not up to date on the financials either...

If the whale was swimming AWAY FROM THE CAML BOAT he would put more blocks down to SELL... after all hes still got 540k in his bag... AND IF THE WORST CASE SCENARIO THAT THE WHALE WAS BACKING OUT HIS WHOLE 600K--> LOOKIT! THE 5 BID IS HIGHER THAN THE 4 HE APPARENTLY WAS WILLING TO TAKE ON MONDAY!! SO THE WHALE BACKING OUT THEORY GETTING LESS PLAUSIBLE TOO!

So the bottom line is it looks more and more like it was the whale wuz the one who dropped the 60k to temprarily stop a merger squeeze, it worked... And maybe had "help" from the "transfer agent"... BUTTTT , and A BIGG BUTTT:
THA WHALE iz NOT backing out of the deal!

Almost reddy 2 putt tha POPCORN BACK IN THA POPPA!!!