posted
GBJX annouced they will be having a 5 for 1 foward stock split. All recorded owners by September 23, 2005 will recieve 5 for 1 on September 30, 2005. This is way to make some easy money by getting in this week. GBJX is a holding company that owns "GET FIT" which is a woman's gym. You can check out more at www.globaltransnet.com Good Luck.
-------------------- Matthew T. Taber Posts: 216 | Registered: Aug 2005
| IP: Logged |
posted
rb board says this is a p&d pink sheet. how does a pink sheet forward stock split 5 for 1? shady.
Posts: 604 | Registered: Aug 2005
| IP: Logged |
posted
I was going to say this seemed a little too good to be true. JL, what exactly is a P&D Pink sheet? I'm obviously pretty new to this stuff.
Posts: 7 | From: Boston, MA | Registered: Sep 2005
| IP: Logged |
posted
P & D = pump and dump. A pink sheet stock is one that isnt required to file any financials (although some do). Generally more risky than penny stocks (which are required to file), but not always.
I received this in the mail recently as an ad for the stock. Wish I had saved it, then I could have scanned the ad for you guys. But basically at the bottom it said " XXXX company has been paid 3 million shares by a third-party shareholder and these shares must be sold to pay for the cost of this advertising"
Always do your DD (due diligence, research) before buying. Check out the financials - learn about the company.
[ September 19, 2005, 21:05: Message edited by: Phoenixx ]
Posts: 0 | Registered: A Long Time Ago!
| IP: Logged |
quote:Originally posted by JL: rb board says this is a p&d pink sheet. how does a pink sheet forward stock split 5 for 1? shady.
Why cant it? Heck GXXL split 10 for 1...unfortunately I bought that one at too high a price. Forward splits are (usually) a positive thing, if you can get in on them fast enough. Heck when I got the ad in the mail (GBJX that is) the stock was 80+ cents..now it's $1.26 a share.
I had no funds to trade it though. Not to mention I'm a tad suspicious of things that come in the mail clearly stating they were paid for by a shareholder..
Posts: 0 | Registered: A Long Time Ago!
| IP: Logged |
posted
Phoenixx, thanks for the help on that on. I'm very suspicious of it, but it might be worth it to put something somewhat small into it. I just don't want to get burned on something that seems a little too easy.
Posts: 7 | From: Boston, MA | Registered: Sep 2005
| IP: Logged |
My personal opinion is that it's moved too much already..if it was still 80 cents, I might get into it.
The FS was originally announced Aug 23, which had a low of 80. It spiked up after that, then had a dip. Now it's up there..too high for me.
I'd rather be putting money into PBLS -- back at my original "virtual" buy price of .039, and holding it long-term. (Or until it moves 300% again ) Course it looks like it's still in a downtrend atm..
[ September 20, 2005, 10:22: Message edited by: Phoenixx ]
Posts: 0 | Registered: A Long Time Ago!
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Razz]](tongue.gif)
) Course it looks like it's still in a downtrend atm..
