Replies to post #1682 on No Bid (0001 stocks)

[trackkwizzard]

Just hang in there.
No bids are where longs capitalize on all of Shorty's hard work.

Rather than argue or try to have a reasonable debate with them, just BUY and HOLD with the amounts you can afford to tie up, then when it starts moving...Ha Ha Ha you can come out of nowhere and rub it in. Weeeeeeee

Look for companies with any kind of patents, insurance against bankruptcy as they will always be able to obtain financing and may even get bought up by a bigger company.

How's that? Good? Yep. I'll stick with that thought, keep us both motivated.

Happy New Year. I love no bids and .0001's.

[NYCJR]

look at SMAA buddy, rumor has it new ceo might have connections to Rex Tillerson, heard it mentioned on some forums

[fliboyz]

Hey, great board. Always looking for no bidders that have a chance. I only have the free membership so my messaging participation is limited. sorry in advance for typos and grammatical errors

I would like to point out a small error on your intro...

Prices of stocks trade on the 1/10000-th of a penny or what is called a tick.

.0001 should read "1/10000 of a dollar" not a penny; to make it relative to a penny, the decimal place has to be shifted 2 spaces to the right, and should read 1/100th of a penny.

As long as this board is somewhat geared toward being informative, I would like to encourage you to post either information or links to information regarding:

the dirty players when it comes to toxic financing, what to look for and how to find them in filings( which is typically a significant factor in what gets a stock to these levels in the first place).

Also would be good for readers/posters know who to look for on L2 as far as the typical institutional diluters go for market makers. VNDM, VFIN, etc.

As long as I am here, a couple of no bid tickers, that by all indications are real businesses TSNP and MHYS

TSNP sells tile and flooring products on Wayfair.com, no typical institutional diluters on L2, very recently released news on their website, 3.5 billion float, never been R/S, has little to no debt(a small amount appears to be convertible debt, I'm still unsure of it's origin, but convertible creditor appears as though it is a sideline owned by the CEO himself, according to filings,) no dilution in several years. Based on trading action, it appears as though every time big volume comes in, there seems to be a lot of old hands looking to get out in the turnover so never really seems to pick up enough steam to get past .0001, and the Ihub message board for this ticker is pretty dormant and comes off as somewhat biased. As from personal experience and observations, any post that is even remotely off topic if it puts the company in a positive light gets deleted, excepting of course, off topic posts made by the controlling mod that puts the company in a negative light. Not sure what Ihub's policy is regarding having more than one board per ticker but would be nice to start a second board that doesn't come across so biased with a fresh board. Other possibility based on the trading patterns that I witnessed, is that some entity has this cellar boxed through naked shorting.

MHYS is an entertainment company with movies in theaters, no common institutional diluters currently on L2, a high O/S 8.5 Billion float, but a CEO that owns 185 million common shares that he bought at .0020 ($300,000.00+) so he has a vested interest in coming up with a strategy of reducing the float without destroying the current share structure. There is a fair amount of toxic debt on the books from various creditors, and recently settled a court action with the Kramer scum to make payments in cash and not hand them billions of more shares. And also has other products in the works, including a deal with a Sony pictures subsidiary to produce a movie based on a non-fiction book based on the author's experience her father's church terrorized by one of the members. The book spent a significant amount of time on NY best seller list and the Author was interviewed by Oprah Winfrey a decade ago. "The Devil in Pew number seven" should draw a significant crowd from the Christian sect. Although I haven't discussed any with the CEO, he has braved the relentless bashing here on Ihub and has himself posted in search of ideas on how to get his company back on track. Personally hoping he stays dark and would like see it stay at no bid for a while and hoping he takes any revenues that trickle in from current projects, and pays off current Toxics before they have a chance to convert. But in spite of all the ihub negativity and what others would have one believe, by all indications on my own due diligence, he seems sincere about getting it together and is dedicated to his company's ultimate success with shareholder's help and not intentionally at shareholder's expense. of course Time will tell, and we shall see.

Others that you don't have listed that could be added to your intro list:

SNRY: on the Virge of no bid, have no information other than what I saw on the stock quote, and a message board. I put in a 1,000,000 bid @.0001 and that I was just awarded 15, yep count'em 15 shares @ .0001, not even a half a penny's worth for a $7 trade fee from Scottrade, what a pathetic broker.

PEII: No bid probably a stay away from, Scottrade won't allow buy

GRCV: no bid, another stay away from based on an avalanche I got caught in similar to COWI

SEGI: wavers on no bid, Jury is still out on this one, has an active board with a mixed bag of optimism/pesimism

EKWX: Appears to be a pond fishing ticker(check out trader53's board or search youtube for definition if any hasn't heard the term). It is not an active company that I am aware of, yet every couple years it gets a bunch of volume that takes it to .0003-.0004 then finds it's way back to no bid for a while.


A Happy and prosperous new year to all