This is topic PRRM....exploding.... in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by Cashmaker on :
 
I don't know what the hell is going on but i just saw an order of 1,000,000 go through at .001
 
Posted by Cashmaker on :
 
Did anyone else see that....is this correct?
 
Posted by Bob Frey on :
 
Fat finger trade not real.
 
Posted by Cashmaker on :
 
What does that mean?
 
Posted by USF11 on :
 
It was a misprint
 
Posted by Cashmaker on :
 
oh, now that makes a little more sense.
 
Posted by USF11 on :
 
Huge Volume today on that one
a .0001 bid may be on the way
 
Posted by Cashmaker on :
 
Yeha I've been watching it pretty close...and an alert came across my computer that 1 million shares sold at .001
 
Posted by overand on :
 
pps was at .0002 for about 30 seconds
 
Posted by Ktrain420 on :
 
yeah keep dreaming!!!!!!!!!!!
 
Posted by glassman on :
 
quote:
Originally posted by Ktrain420:
yeah keep dreaming!!!!!!!!!!!

LOL
 
Posted by blueranger on :
 
there is only one stock with a float higher
than prrm and that is qbid
 
Posted by glassman on :
 
cmkx?
 
Posted by Ktrain420 on :
 
I just got a margin account so i can go buy all the PRRM and CMKX that i want!!!!!!!!
 
Posted by blueranger on :
 
i got stuck in a few of these things before i
wised up...

if your interested in a stock key it into your
ameritrade or microcap and just watch each sale
if the price does dont go up or down after 2
or 3 sales then run run away dorthy
 
Posted by Ktrain420 on :
 
Im gonna get RICH off PRRM and CMKX!!!!!..............LOL
 
Posted by overand on :
 
wonder what today will bring
 
Posted by Cashmaker on :
 
Another day, another .001 "misprint"
 
Posted by Cashmaker on :
 
Now it reads the high as .0011...another misprint????
 
Posted by DaFlem on :
 
Stop talking here about PRRM. Theres a penny board talk about it there. PRRM will NEVER move so stom imagining things.
 
Posted by stockguy123 on :
 
Looks like this 1 might go to the moon
 
Posted by overand on :
 
I can understand fat fingering a .001 for a .0001, but how can you fat finger a .0008? Just wondering. the 8 and the 1 arene't even close to each other on the keyboard. They must have had some pretty fat fingers!!! I got a sell bid at .0008, .0009, .001, and .0011 for all those fat fingers out there.
 
Posted by agrimac on :
 
Saw Prrm misprints on 2 Sites today 1000% plus thought Id won the lottery
 
Posted by overand on :
 
Yea, that would be nice.
 
Posted by Apenorm57 on :
 
They are not misprints. Trades did go through at the price, however, they are outside the market and will be broken either today or tomorrow by the respective brokerage's order rooms. Those who sold at those high prices (and are probably jumping for joy) better not go out and buy Ferraris tonight.
 
Posted by Cashmaker on :
 
Oh well, I am not looking for 1000% in one day, but it would be nice to see this make some real upward movement...i'd settle for .0005
 
Posted by Cashmaker on :
 
By the way, are any of you watching AXAI. ..I was looking for some feedback on the other thread and got very little response. It is down huge but the volume is miniscule. I just bought 40,000 more shares at .0015, I figured what the heck, just in case it does pop....I can't find much news on this thing though, other than a RS about a month ago.
 
Posted by Ric on :
 
This stock is dead. I didn't make it dead nor anyone else. The company doing dilution made it dead. Doesn't matter if the company has a good business or not. The O/S is too high and the float is ridiculous. Now they just diluted another 500 million shares. This will never move again without a r/s and the people that are holding now will only be hurt more by one. Only the investors buying in after the r/s will maybe do any good.

Ric
 
Posted by stockguy123 on :
 
Sounds like this RIC guy is a paid basher, probably lost money on PRRM
 
Posted by Cashmaker on :
 
Ok RIC, but which stock are you talking about? AXAI or PRRM, because PRRM has announced that it will not RS, and as far as AXAI, it just did an RS, which is why I think it is getting beat up (on very low volume) and have suggested it might be a perfect oppotunity to get in now (after the RS). I agree, if you held this before the RS, you are pretty much screwed.
 
Posted by Ric on :
 
I have been on this board for over a year now. Not a paid basher just call it like I see it. I do well with this by following a few rules and a stock that 46 billion in O/S even before the last few dilutions will never move. I am sure people on this board will back me up and stand behind me on me reputation for giving straight talk about any stock.

Besides way do you need to bash a stock already at .0001. It can't go no lower to pick up cheap shares then it is already.

Ric

quote:
Originally posted by stockguy123:
Sounds like this RIC guy is a paid basher, probably lost money on PRRM


 
Posted by stockguy123 on :
 
I agree, so why are you bashing it ? In case you don't know, Subway wants to make money on their 500mil shares just like everyone else in @0001. It's good that they are there to pump the stock. Really very little risk if you don't mind waiting awhile for a return
 
Posted by Ric on :
 
You know, I am tired of people calling others bashers just because they tell the truth about a stock. Ever stock need the good and the bad told about it so the honest investor can make an imformed choice. Just because I say how I feel about a stock doesn't make me a basher it makes me someone that shares more then the pumped up version of a companies record. I have a good friend that I have meet on this board. He is young and doesn't know much about investing so he listened to people in here. He was talked into these dream stocks like MLON, CMKX, and PRRM. They listed the fact they have ran before and .0001 is a steal. That they will do it again and make us all rich. In fact after each of these stocks ran they diluted the shares so bad that they can't ever move again. All investor should know the truth, good and bad about a company. I really think this is a good company as far as its business operations are concerned. I just feel that the company doesn't take care of its investors and use the stocks as a way of making additional income for the company and dilution is become so great that the stock price can no longer move. The funny thing is this is becoming more common in the penny market and the no R/S statement is being used to lure in more investor while still diluting. If they want to make a bold statement to bolster the investment then say we will no longer dilute shares without stockholders approval. Like that will ever happen.

Ric
 
Posted by stockguy123 on :
 
Yeah, there are alot of shares, but far less than CMKX (at least I think so) when it made its run over .001. Anything is possible, it may or may not ever move.
 
Posted by eddy on :
 
jmho-but I think whatever kind of dilution is going on is about over-RIC-Dan said company is not selling shares, he has told me this time after time. jmo but I think new management had to give old management a lot of shares to purchase PRRM. that way new management would not have to be out a lot of cash for the purchase----------When old management gets done selling, this will go up fast-as always jmo
 
Posted by eddy on :
 
I am going to try and call Dan again tomorrow-will let you know-bobky
 
Posted by overand on :
 
YO EDDIE!
Talked to Dan yet today? Just wondering.
 
Posted by bousbous55 on :
 
i will get in when some news that might make a difference.
 
Posted by Bigrod40 on :
 
[Eek!] By this time next year, PRRM will be halted and the following day will release this PR. [Eek!]
"PRRM currently has 703,518,875,000 shares of common stock issued and outstanding".
"We are very sorry for acting like CMKX".
"See you on the ski slopes"
 
Posted by bill1352 on :
 
bigrod...in the near future us cmkx paid bashers will be out of a job. we could read up & move to prrm cheap. no cost for the move & are only charge is to have fun. PRRM does need to start a cult like CMKX has. maybe get into hand gliding since race cars are old hat now.
 
Posted by eddy on :
 
he was in a meeting early when I called. He called me back around 3:30 PM. Friday, I could here someone in the background trying to ask him something while we were talking. Usually when I call I will ask him does he have 10 minuites to talk, and he always says yes. Yesterday he said that he had about 1 minuite to talk. I think he just returned my call as not to be rude in returning my call.- I will call agin this next week, when he has time to talk.
 
Posted by eddy on :
 
new PRRM dedicated board for PRRM-link on rb.
 
Posted by BT on :
 
Have Any of you here, been a shareholder since July. 2004?

I'm just Wondering if you got that extra share after the forward split.. PRRM was at .45 2 years ago and .04 last year. Thanks.

Prime Rate Investors Inc. Announces 10% Forward Stock Split
- BusinessWire

CORAL GABLES, Fla., Jul 29, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (Pink Sheets:PRRM) announces that the Board of Directors has approved a resolution for the forward split of the common stock of the Company by unanimous written consent of the Board of Directors whereby every holder of 10 shares of common stock shall be entitled to an additional one share of capital stock. The effective date of this forward split shall be September 1, 2004. The shares will be mailed directly to the owners of record by Signature Stock Transfer Inc. approximately one week after the September 1st effective date.

The company owns Tampa Bay Mortgage Services, Inc. in Tampa, Florida which is a direct lender specializing in short term asset based lending. The company specialty is acquisition financing, construction loans, and lines of credit for builders and investors. The mission of the company is to build a diverse portfolio of debt and equity instruments that will provide the shareholders with both current income and capital appreciation. The specialty of the company is "hassle free hard equity loans". The company has a web site http://www.prrm.us
 


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