I can guess what the speculation's going to be!
Posted by DeadSurf on :
what's that?
quote:Originally posted by Upside: I can guess what the speculation's going to be!
Posted by tic_toc on :
lol, its a cover I tell ya! a cover!
my shorts are wet!
Posted by tic_toc on :
deadsurf, cmkx is paying a dividend tomorrow.
Posted by DeadSurf on :
i knew that...but what will this do for cmkx tomorrow? and will ucad retain this value for a while or dip back down to where it was?
quote:Originally posted by tic_toc: deadsurf, cmkx is paying a dividend tomorrow.
Posted by tic_toc on :
this is a post from one of the cmkx boards. Its the general opinion. I dont know what to believe though.
xtremeriches Dr. Of Diamonds
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UCAD rising proves « Thread started on: Today at 11:52:03 » The NS MM's are going to cover our dividend.
Otherwise the sec will hang their hides out to dry.
Posted by glassman on :
i really can't say for sure what will happen here... been waiting to see this....
there are nowhere near enough shares available for a short cover of any significance.... i hope VAN is happy...he seemd to be receptive to the idea of buying in here...
Posted by glassman on :
volume so far...87,085 shares...
that's $581,178.......
nothing to get real excited about unless you OWN UCAD already...
Posted by tic_toc on :
Did you see the volume last week? Nearly a million were traded in one day and the price didnt budge. Now this. Strange.
[This message has been edited by tic_toc (edited October 05, 2004).]
Posted by glassman on :
volume on CMKX???
Posted by tic_toc on :
lol, sorry I'm used to the billions from cmkx's volume.
Posted by cool1sh on :
Yup. Nothing to get excited for us CMKX holders.. (at least for now)
quote:Originally posted by glassman: volume so far...87,085 shares...
that's $581,178.......
nothing to get real excited about unless you OWN UCAD already...
Posted by wannabe_trader on :
excuse my ignorance .. but what does UCAD gotta do with cmkx??
Posted by glassman on :
its a real long story....
the two companies are currently inextricably entwined....
Posted by cool1sh on :
CMKX shareholders are supposed to get UCAD as dividend tomorrow. Not sure when and how many?
quote:Originally posted by wannabe_trader: excuse my ignorance .. but what does UCAD gotta do with cmkx??
Posted by Spinoff on :
Hey so do you guys think that us CMI (Original Spinoff) will get shares from this dividend too?
Posted by osubucks30 on :
It really doesn't matter what price UCAD is! The shares recieved will be restricted! By the time anyone can sell them UCADs stock will be in the gutter. This stock has no float so with low volume on the upside it will explode upward! After all of the restricted shares are allowed to trade this will plumet! I just wonder who the heck is buying at these prices?
[This message has been edited by osubucks30 (edited October 05, 2004).]
Posted by skippy on :
UCAD is making a nice run on the anticipation of the dividend payout. Does anyone think GEMM will do the same? There might be some money to make picking up GEMM right now. Isn't that dividend supposed to be paid out shortly after UCAD?
Thoughts?
Posted by netsec on :
"By the time anyone can sell them UCADs stock will be in the gutter."
You should note in your little rant that this is just your opionion.
Posted by tigertony on :
Sorry thought this was a link to girls gone wild video.LOL
Posted by bill1352 on :
i'd like someone to explain to me how they think mm's can transform unrestricted common shares into restricted shares. some brokers do not handle or hold restrict stock. these brokers will be sending any ucad dividend shares to cmkx shareholder as soon as they get them. when the restriction is lifted these restricted shares will need to be sent to ucad's t/a for exchange into the new unrestricted shares. unrestricted shares can not be turned into restricted shares by anyone but ucad. now if ppl get both unrestricted & restricted shares then we probably have a cover but it will be exposed as all dividend shares are restricted as per the agreement.
Posted by tic_toc on :
LOL, well my shorts were wet.
quote:Originally posted by tigertony: Sorry thought this was a link to girls gone wild video.LOL
Posted by bill1352 on :
ok if this is a cover then using the otcbb numbers for the split they are covering 37 billion shares of naked cmkx today as of 2:40 pm now acorrding to the split numbers there are 783 billion shares getting ucad now either they have a heck of a lot more ucad to be bought or the naked short isn't what ppl thought.
Posted by tic_toc on :
There was huge volume last week. Blocks of over 300 million at once went thru a couple of times. The price didnt even move then. There is something weird going on, but I dont think it's quite what people say it is.
Posted by skippy on :
GEMM is up 20% today, anyone think their is a connection to the UCAD movement?
Posted by tic_toc on :
GEMM 81% this is crazy
Posted by skippy on :
After I first mentioned it, I got in at .034.
Posted by tic_toc on :
nice one!
cmkx has been selling for 0002 as well. over 17 billion volume!!
Posted by glassman on :
form4 out tonight...
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person*WOODWARD JOHN S
-------------------------------------------------------------------------------- (Last) (First) (Middle) 7609 ROLLING VIEW DR, STE 101
-------------------------------------------------------------------------------- (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol U S CANADIAN MINERALS INC [ucad] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)X Director 10% Owner X Officer (give title below) Other (specify below) President
3. Date of Earliest Transaction (Month/Day/Year) 10/05/2004 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)X Form filed by One Reporting Person Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 10/05/2004 P 15,000 A $ 8.33 465,000 I 450,000 owned by affiliated entity.
they got that filed quickly......good sign
[This message has been edited by glassman (edited October 05, 2004).]