News Focus
News Focus
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Pennystocktrader

03/23/10 1:42 PM

#29560 RE: birdmanbob4 #29559

Good idea birdmanbob4!
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Bucc58

03/23/10 1:47 PM

#29561 RE: birdmanbob4 #29559

I did that with my 'long portion' weeks ago when you suggested it. :)
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pro-trader

03/23/10 1:50 PM

#29563 RE: birdmanbob4 #29559

I am not saying you are wrong but how accurate is that because it seems that people have different opinions on that i tried to research
on that but dod not get far with it
if you know something i am willing to listen
thank you
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Sure

03/23/10 2:26 PM

#29570 RE: birdmanbob4 #29559

Birdman,
Just did it, 500,000 shares at .22 ST would not let it post higher.
Super Super Super Idea.
Sure
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Mr_Bogs

03/23/10 3:04 PM

#29575 RE: birdmanbob4 #29559

I just set mine in one of my portfolios at $2.25. That will make me a cool million!
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MCTaxes

03/23/10 3:59 PM

#29581 RE: birdmanbob4 #29559

Does that apply to cash accounts as well? I was under the impression that only when you buy on margin can they borrow shares? I only have about 200K shares, but will set a GTC order if it helps.
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stocktrader001

03/23/10 6:26 PM

#29601 RE: birdmanbob4 #29559

why does that help to dont get them borrowing the shares?

gl
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tradersrule

03/23/10 7:03 PM

#29603 RE: birdmanbob4 #29559

Set my 200k at $5.00. Lookin for the mill-mill! ;))
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Er0ck

03/23/10 7:25 PM

#29604 RE: birdmanbob4 #29559

While this is something that everyone can try, as it really takes nothing to do, I can tell you for a fact this has no impact on the MMs borrowing your shares and it also had nothing to do with why we moved from .0004 to .02. If you forgot, we had big news come out then, after a long long long dry spell of no news, which is why this took off. People setting high sell orders had no impact on this nore does that have any impact on any stock.

Some brokers don't allow anyone to borrow shares by proxy. Others do. If you are on one of the brokers that do allow for borrowing you have to fill out a written letter and send it in to them stating you never want your shares to be borrowed. That is the only way. If you simply set a high sell order that doesn't work at all. The MMs can see what price points everyones sell orders are at, if they are set to some crazy high price like $5 the MMs will see that, and know right away that has ZERO chance of getting filled anytime soon, so they will borrow your shares.

The reason this stock isn't moving much is because of no volume. For the past few months we have had next to no volume. It has nothing to do with the MMs borrowing shares. That actually increases volume a bit. Doing something like this has no positive effect on volume. We have to get volume back to get this to move. To do that we need news, and not just any type of news, we need major news. Something like announcement of the start of test drilling. A JV partnership or us selling one of our properties. Uplisting etc etc etc.... There is plently of money waiting to jump all over this, we just need the correct news.

Us buying up all this land is great, but that doesn't shead anymore light on the company it self. Since we are a pink sheet stock, and not completely transparent, people have questions and want to make sure this isn't a scam before they invest. Any of us longs who have done as much DD as Birdman and my self know for a fact this is no scam, but other investors don't. They want to make sure this is the case and they are looking for signs of transparency and crediblity. To achieve this, we need to uplist to the otc/bbs, or annouce some type of major company event such as a JV with a major mining company, this would greatly increase not only our value, but our crediblity and even our transparency and thus bring in alot of volume which will greatly increase our pps.

They days of us shooting up 50% or 100% on news such as us buying a new property, or new land, or announcing soil results are gone now. We have evolved as a company and as a stock, and thats a good thing. But since we have reached a new status, we need a different type of news to trigger big gains. But once we prove our transparency and crediblity, we will once again start to shoot up on smaller news too. And I believe that day might only be a few weeks away!