In one of the emails he complained about online restrictions...
Posted by: undervalue
In reply to: None Date:5/18/2007 11:17:59 AM
Post #of 31534
CLASS ACTION!
Following statements from KEN an MARC at approx. 0.10USD knowing that they will dilute again with converted preferred shares more than 10 times of the total common shares outstanding after a 1/500 RS with preferred shares that were outstanding before the RS = no new money for the company after conversion!
Marc
I agree totally… Everyone should be a buyer at this level… the stock support has been weak lately and so the sharks have been preying on it.
Thanks,
MC
Marc A. Cifelli
Arriva Capital
Phn: 973.582.3516
Fax: 973.582.3517
mc@arrivacapital.com
www.arrivacapital.com
--------------------------------------------------------------------------------
Ken
I think that market makers and brokers are keeping the price down to cover huge short positions at a lower price. The only thing that can be done is to complain to the online brokers about online restrictions and to keep up buying pressure on the stock. They will hit the bid with small amounts and if they see it can make the stock go down because there is no buying support, they will drive it down as much as they can to lower their cover price by years' end. That's my opinion. There is no other explanation for trades of $30 or $40 on this stock.
I agree with you, but I think this stock is an absolute steal at this price and that the price will go through the ceiling when the shorters start to cover. Considering this probably has to happen in the next three weeks, now is the time to buy more stock and average your basis way down.
Here he is on the board trying to get everyone involved to lift restrictions...lol what a loser.
Posted by: investyrstallone
In reply to: None Date:12/4/2006 1:50:37 PM
Post #of 31533
I think everyone should write complaint letters to their respective online brokers, demanding restrictions be lifted. Maybe large numbers of complaints will get them to stop.