| Followers | 259 |
| Posts | 1065 |
| Boards Moderated | 0 |
| Alias Born | 06/04/2004 |
Sunday, October 17, 2004 5:20:49 PM
AGREED DRILLBIT
Sterling works very hard and has way more patience and tact than I'll ever be capable of. By the way, I'm becoming a big believer in his Operation Dividend theory. As I laid out in my earlier post this weekend the calendar of dates set by Roger and Urban, it seems to be becoming increasingly clear that the shorts are being given more and more incentives to cover their cmkx short. I think UCAD's div. distribution needed to pass first because I think they are so intimate to everything going on, that Urban, Roger and Rendal wanted to ensure that UCAD's price would continue to rise right into a listing on a higher exchange (IMO). Now that that's passed, perhaps we will continue to see further incentives offered to shorts to cover cmkx. The GEMM part 2 is a nice one. By October 29, we'll know if the shorts will have thrown in the towel and recognized how much further they can get hurt by continuing to keep CMKX suppressed. They're already too late on UCAD, CIM and GEMM (part 1). My guess is that if October 29 passes and the shorts have continued to suppress the price at .0004 or below, then we'll likely see another record date for another dividend (SGGM? ECPN? WMC? DMXP?) suddenly appear. My guess is now that the UCAD pressure is demonstrating to the shorts how much this is going to cost them, they will start to see that the LEAST expensive way in the end is to cover through CMKX. 2 months ago, that did not appear to be the case. Now with "Operation Dividend" in effect, the shorts should start seeing the light. Seems like their efforts to get CMKX in trouble or halted or get sold off through endless Stock Patrol BS just have not worked. They've pushed shareholders to the maximum pain threshhold, and not only have we not blinked, but we've loaded up more. Plus, Urban keeps giving us more record dates as incentive to not sell.
I don't know when they'll throw in the towel. It's possible they may see the shareholder party as an opportunity. Keep the price suppressed through the party and then put out more stocklemon crap and hopefully shareholders will get depressed and sell. Not likely IMO. Plus, they now KNOW that the GEMM dividend is going to HURT after October 29. They're going to have a hard enough and expensive enough time covering GEMM part 1. Part 2 should be way more difficult. And, for the life of me, I have NO IDEA how they will cover on SGGM dividends. If CIM does not merge into SGGM and SGGM simply becomes another dividend, I think forcing the issue of either covering CMKX or covering 200 billion shares of SGGM before the record date becomes an easy choice -- you either cover CMKX or commit suicide. I just don't see how SGGM can be covered. Period.
And this raises an interesting theory. What if CIM does not merge into SGGM and instead, either a) CIM does its own IPO which then immediately puts the shorts on the hook for 40 billion shares (what a great IPO -- you immediately have some people with big money needing to buy 40 billion or more shares LOL), or b) CIM reverse merges into a whole new shell entity separate and apart from SGGM (what if CIM uses DMXP? or any other tightly held shell similar to SGGM? Maybe ECPN? Who knows.) Somehow, I feel CMKX will be bringing CIM public, the question is how and through what means. Only Urban and Roger probably know. But it should be terribly costly and painful to the shorts.
At this stage I have to say I am COMPLETELY in the camp of believing that Roger is NOT helping the shorts to cover in any way, there is NO coordination of covering by the SEC and that there IS a very large (dare I say it? HUGE) naked short position that exists. I could clearly be wrong but the way Roger seems to be aligning things, it just doesn't make sense unless it was being done to bring the shorters to their own realization that covering CMKX is in their best interests.
The inherent problem with this is that if the shorts continue to be stubborn, we could still be waiting awhile for them to break. This IMO, is why we have SGGM. I think it will be a very heavy straw to break the back of the shorts. We're seeing what a 7.5 million share dividend can do on a $4 stock (with much more to come on UCAD imo). But I have no earthly idea what a 200 billion share dividend on a $.45 stock would do (hint: make it a much better choice to cover through cmkx than pass a record date requiring covering 200 billion shares).
Ok, enough on all that. You get my drift. Good stuff ahead. I love what I see developing and in my 10 year history of pinks/otcs, I've never seen anything like this.
Sterling works very hard and has way more patience and tact than I'll ever be capable of. By the way, I'm becoming a big believer in his Operation Dividend theory. As I laid out in my earlier post this weekend the calendar of dates set by Roger and Urban, it seems to be becoming increasingly clear that the shorts are being given more and more incentives to cover their cmkx short. I think UCAD's div. distribution needed to pass first because I think they are so intimate to everything going on, that Urban, Roger and Rendal wanted to ensure that UCAD's price would continue to rise right into a listing on a higher exchange (IMO). Now that that's passed, perhaps we will continue to see further incentives offered to shorts to cover cmkx. The GEMM part 2 is a nice one. By October 29, we'll know if the shorts will have thrown in the towel and recognized how much further they can get hurt by continuing to keep CMKX suppressed. They're already too late on UCAD, CIM and GEMM (part 1). My guess is that if October 29 passes and the shorts have continued to suppress the price at .0004 or below, then we'll likely see another record date for another dividend (SGGM? ECPN? WMC? DMXP?) suddenly appear. My guess is now that the UCAD pressure is demonstrating to the shorts how much this is going to cost them, they will start to see that the LEAST expensive way in the end is to cover through CMKX. 2 months ago, that did not appear to be the case. Now with "Operation Dividend" in effect, the shorts should start seeing the light. Seems like their efforts to get CMKX in trouble or halted or get sold off through endless Stock Patrol BS just have not worked. They've pushed shareholders to the maximum pain threshhold, and not only have we not blinked, but we've loaded up more. Plus, Urban keeps giving us more record dates as incentive to not sell.
I don't know when they'll throw in the towel. It's possible they may see the shareholder party as an opportunity. Keep the price suppressed through the party and then put out more stocklemon crap and hopefully shareholders will get depressed and sell. Not likely IMO. Plus, they now KNOW that the GEMM dividend is going to HURT after October 29. They're going to have a hard enough and expensive enough time covering GEMM part 1. Part 2 should be way more difficult. And, for the life of me, I have NO IDEA how they will cover on SGGM dividends. If CIM does not merge into SGGM and SGGM simply becomes another dividend, I think forcing the issue of either covering CMKX or covering 200 billion shares of SGGM before the record date becomes an easy choice -- you either cover CMKX or commit suicide. I just don't see how SGGM can be covered. Period.
And this raises an interesting theory. What if CIM does not merge into SGGM and instead, either a) CIM does its own IPO which then immediately puts the shorts on the hook for 40 billion shares (what a great IPO -- you immediately have some people with big money needing to buy 40 billion or more shares LOL), or b) CIM reverse merges into a whole new shell entity separate and apart from SGGM (what if CIM uses DMXP? or any other tightly held shell similar to SGGM? Maybe ECPN? Who knows.) Somehow, I feel CMKX will be bringing CIM public, the question is how and through what means. Only Urban and Roger probably know. But it should be terribly costly and painful to the shorts.
At this stage I have to say I am COMPLETELY in the camp of believing that Roger is NOT helping the shorts to cover in any way, there is NO coordination of covering by the SEC and that there IS a very large (dare I say it? HUGE) naked short position that exists. I could clearly be wrong but the way Roger seems to be aligning things, it just doesn't make sense unless it was being done to bring the shorters to their own realization that covering CMKX is in their best interests.
The inherent problem with this is that if the shorts continue to be stubborn, we could still be waiting awhile for them to break. This IMO, is why we have SGGM. I think it will be a very heavy straw to break the back of the shorts. We're seeing what a 7.5 million share dividend can do on a $4 stock (with much more to come on UCAD imo). But I have no earthly idea what a 200 billion share dividend on a $.45 stock would do (hint: make it a much better choice to cover through cmkx than pass a record date requiring covering 200 billion shares).
Ok, enough on all that. You get my drift. Good stuff ahead. I love what I see developing and in my 10 year history of pinks/otcs, I've never seen anything like this.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
