Allstocks.com's Bulletin Board: Anyone want to start buying out companies?

This is topic Anyone want to start buying out companies? in forum General Investing Topics at Allstocks.com's Bulletin Board.

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Posted by get_rich_quick on :

I just came up with an idea. If we all buy enough of a company, obviously it would have to be small, we would be able to start doing some things.

The second you own shares of a company you are already part owner, but if a bunch of us got together and bought aenough shares of a given company we could really start making some moves.

Let me know if this appeals to anyone.

Posted by Repoman75 on :

Didn't I just have this idea yesterday???

Ahahaha.. good ideas don't die, they just are recycled.

Posted by get_rich_quick on :

Kind of, but that idea was possibly illegal and people were having problems with it on this board.

What do you think?

It would kind of be the same, but instead of just selling off we could push for the company to do certain things, which might lead to good PR etc.

Take UGRD for instance.

If we were to buy enough we could push for them to donate one system to a town that had been ravaged by the Tsunami, this would lead to PR that would get the name out more, possibly leading to Buyers who want to donate their systems, just like WTER has done.

Posted by get_rich_quick on :

Or we could just all buy up a company and then the volume alone would push the price up, but we don't pump it, because that would probably be illegal, I don't know though.

Posted by Repoman75 on :

If you buy up a company, you would then be on the board of directors. Then I could just run the company. I'll be CFO.

Thanks!

Posted by get_rich_quick on :

I'm serious though, not so much about making things happen within the company, but buying up a whole bunch of stock in one.

Basically what you said yesterday, without the pump and dump, which would get us kicked off the forum.

I already have about 6 people who said they would do it. Just let me know.

Posted by get_rich_quick on :

Let me know if anyone is interested.

Posted by NomarKash on :

Its tough to keep everyone interested in staying in the company. Lets say we all buy a company and it barely moves or moves big but then falls big. Most people would not stay in for the long haul.

Posted by get_rich_quick on :

All we have to do is find one that hasn't moved that much, say 300,000 on average or lower. Then if we all buy on the same day, and I'll use a .05 stock as an example, and then sell the very next day.

Here's the deal.

Say we have 15 people who are willing to do $1000.

At .05 that comes to 300,000 shares bought.

Now when we were to buy it, the price would climb just a bit, then on top of that the volume would be two times it's norm, which will set off some peoples alerts.

They'll see the price increase and the increased trading and they'll try to jump on as well.

This will lead to the price climb that we want. We wthen sell the next day for a nice little sum.

Hypothetically we could do this 2 times a week and with a $1000 invested I don't see it being to hard to double our money each week as long as we stick to a certain strategy.

Say,

O/S no more than 100 million
( anything more would be just to much )

Nothing over .10
( wouldn't be cost affective )

Nothing that is currently going up
( To many people would al;ready be buying )

We all put in our buy orders at the same time.

We all put in our sell orders at the same time.

etc.

Posted by get_rich_quick on :

On top of that, we can do it like this, if we had 15 members.

Each picks a stock that fits a certain criteria, then each one will be used atleast once.

So say I picked UGRD

Tim picked NAWL

and Joerichguy picked OCRI

We would buy NAWL on Thursday and sell on Friday. Then Monday we would do UGRD and sell on Tuesday.

So basically we buy when no one else is and then when people try getting on we sell them our shares at an elevated price.

Posted by get_rich_quick on :

I checked with a broker and he told me this is totally legal so we would have no worries at all.

Posted by fishfarmer on :

quote:
Originally posted by get_rich_quick:
I just came up with an idea. If we all buy enough of a company, obviously it would have to be small, we would be able to start doing some things.
The second you own shares of a company you are already part owner, but if a bunch of us got together and bought aenough shares of a given company we could really start making some moves.
Let me know if this appeals to anyone.

Join an investment club, or save your money, go it alone and keep all the profit?????

Posted by movistar on :

quote:
Originally posted by get_rich_quick:
On top of that, we can do it like this, if we had 15 members.
Each picks a stock that fits a certain criteria, then each one will be used atleast once.
So say I picked UGRD
Tim picked NAWL
and Joerichguy picked OCRI
We would buy NAWL on Thursday and sell on Friday. Then Monday we would do UGRD and sell on Tuesday.
So basically we buy when no one else is and then when people try getting on we sell them our shares at an elevated price.

Sounds good i would do it, I need more info on how it works though.

Posted by River on :

Don't forget guys that if you (one person OR a group) own a significant number of shares (in relation to the total O/S count) and try to drive the price up, then sell...you are going to crash the PPS when you all sell. Even a slow, coordinated sell-off is likely to present problems that may not be worth your time and $$. And who gets to sell first? Hope everyone is honest with each other.

The only way everyone in the group would benefit is if your input in the company's decisions was WISE and EXPERIENCED CEO kinda stuff...and not many people have that kind of business savvy, the stuff that makes a good business leader. Know what I mean?

Often the best thing to do as a trader is trade, and let the CEOs CEO. JMO of course.

~River~

Posted by bleech1 on :

Just out of curiousity...how old are you get_rich_quick?

Posted by poorman on :

This started as a buy the company thread and changed to we could pump and dump thread.

Just a question but what background do you have to think you could buy a company and give the current board advise on how to run it?
15 people 15 different opinion's on what would make it move doesn't sound like a sound business plan to me. JMHO

Posted by bleech1 on :

quote:
Originally posted by poorman:
This started as a buy the company thread and changed to we could pump and dump thread.
Just a question but what background do you have to think you could buy a company and give the current board advise on how to run it?
15 people 15 different opinion's on what would make it move doesn't sound like a sound business plan to me. JMHO

Poorman, don't put the cabosh on the party just yet. This thread is entertaining!

Posted by poorman on :

quote:
Originally posted by bleech1:
Poorman, don't put the cabosh on the party just yet. This thread is entertaining!

All right I'm in.
I own lots of HDI so lets start there we could make them build a bike for each of us and ... oh hell it most likley wouldn't work.

LOL

Posted by Repoman75 on :

No no, RICK - strip bar! That would be awesome. Chief Bosom Officer!