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Thursday, 07/01/2004 10:38:52 PM

Thursday, July 01, 2004 10:38:52 PM

Post# of 358440
Author Topic: EVERYONE MISSING THE POINT............... (Read 986 times)

retiredMiner
Diamond Hunter


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Posts: 1
EVERYONE MISSING THE POINT...............
« Thread started on: Today at 03:29am »

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I have been sitting here on the sidelines just watching everything.
Today,I finally had enough.
Most of you all know me from the official CMKX message board.
I dont hype,pump or dump.
I look at straight facts.
Then I reason out my thoughts and put them into words.
Eveyone,including some people I admired the most are shaking their heads.
Point number one even if this number is true this is from our old transfer agent.Just like a disgruntled ex-employee nothing but bad words for ex-employer.
Also,the most important point everyone is missing that there was no mention of the float what so ever.
This is the 1 most important item in my mind that every one is not talking about.
So,lets even take the this 400 billion number and work with it.
Example if UC holds 90% of O/S then the float which is what we as investors buy would only be 40 billion shares.
Why is no one talking about the float but the o/s only then?
This my friends is another way for bashers to get you to sell.
Buy low sell high.
I have always told you all that investing is a business you have to conduct yourself accordingly.
I have always told you all if you think it's going lower by all means sell.
If you think the price is to low buy.
If you think its going higher hold.
My friends I believe we are the thrid one we are in a holding pattern at the moment.
We are waiting for the official pr from the company on the share structure.
That is where I am right now and I will wait for it.
I will not sell a single share until UC,MELVIN or ROGER states what the share structure is.
Melvin on many occasions has said this is a long term investment.
I have always stated also that this is long term.
Mining doesnt happen over night,sorry.
I believe whole heartly in CMKX the reason I'm in CMKX is of my own choice.
I did my DD on this stock and on UC.
I believe that UC would not do anything to hurt us share holders.
Like I stated once before he needs us.
One to prove the naked short position on this one for starters.
Also,for future growth of his company.
There is something else also at this time I have to mention to one and all.
If you are not a newbie and understand what the float and o/s is.
Then try this one on for size.
Most stocks or better yet almost all stocks usually trade only 1/2 of 1 % of the total of the o/s amount.
If you look at CMKX we have traded anywhere from 5 to 12 billion shares a day.
Now,take even a low number of 6 billion shares double to get 1 % which is 12 billion then multiply by 100
It would be 1.2 trillion shares.
That would leave a huge very huge naked short position.
If you doubt what I'm saying look at nortel or lucent very active stocks and their 10 day average.
Look,at even your favourite stocks see if I'm right which I will be.
That on a daily bases only 1/2 of1% of the o/s gets traded.
Not the float but the o/s shares.
Here is more reasoning if you have been a long time share holder of CMKX you all know we had a 2 for 1 forward split.
If you where going to be dumping shares on the open market why do a 2 for 1 forward split.
Why not a r/s so you can have less shares and make more.
A 2 for 1 forward split is usually done when you are being shorted so that the market makers can cover and leave you alone.
In this case they didnt thats why I believe that UC got us Roger Glenn the lawyer.
He wants to prove to the world that naked shorting happpens and that it is happening to his stock.
By the way just incase bashers hit this I have shares from 0001 and 0002.
So that is where I stand.
So,I'm in from the start of this one.
I do have profits and I'm not selling.
I bought this stock for my children and grandchildren.
Thats how sure I am about this one.
It will take time as any mining stock does.
I will be the first one screaming to all of you to sell if I ever feel that this one has gone bad.
I doubt this very much but you have my word on this.
Faith is believing in something that you cant touch or feel yet but you know that it exists.
RM
These are just my thoughts and should be viewed as such
P.S. One final thought if you are selling at 0004 then who is buying at 0005?Because the past few days 60 to 90% of the stock has been at the buy or ask price

http://cmkx.proboards34.com/index.cgi?board=general&action=display&num=1088670558

P.s. I am not an author. I copied from another board and pasted it here for your information.


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