Hey guys I thought that maybe it was time for a new topic on this stock since the charts thing issent true anymore we are seriously just waiting on the audit completion and a few good PR's this stock could jump back into the game and still can get over .01 so i figured hey if the old topic issent working maybe we need something new to help get the new guys in this stock and inform them of not the chart anymore but of what we are really waiting for the numbers from the audit. Best of luck to eveyone in this stock all we can do right now is sit back and wait and hope for the best when the numbers do come out if i had more money i would be getting in down here at these prices but since im tapped out for a lil while i can do is wait best of luck to everyone tommorow and if you hear of a PR or anything with any other boards or about the shakerz post it here first k ......
Posted by Doctoall on :
Good Point Posted by firefighterswct on :
Thank you , Well we closed down again today i can only hope thrusday will be better i hope dreamer rick is right about a pr tommorow hopefully that will save us
Posted by dreamer_rick on :
well first of all thnx for the new thread ..the old one is fulled already second as I said before I talked to the guy and he said he will talk to his legal dpt. and will release the pr...hope he is honest and didn't lie
Posted by firefighterswct on :
who did you actually talk to someone from the company its self like did you call the invester hotline or call the company direct or who?
Posted by Bachstocks1 on :
Good idea Fire....Keep one thing in mind rally's on stocks typically only last 2-3 days maaaybe 4..We have a few down days, it can still pop back to life... Even though it's a pinkie...This is normal...Now if this is the case, maybe tomorrow could see a bit of recovery.
Posted by firefighterswct on :
I sure hope so as long as we get the PR dreamer was talking about we should be all set for a rally
Posted by Vlad4 on :
American bulls have it on WAIT again.
GREYFIELD CAPITAL INC Daily Commentary
Our system posted a WAIT today. The previous SELL recommendation that was confirmed was made on 07.14.2005 (6) days ago, when the stock price was 0.0042. Since then GRYF has fallen -45.24% .
It is now a market with a firm decision to try the lower end. We already have warned you before with our previous confirmed SELL signal. Anyway, we believe that you have sold your shares and even opened a short sale position.
Our WAIT tag says all that is to say. Keep on staying short or at cash until the next signal. Do not bother yourself with any further buying or selling, as long as the WAIT tag stays.
Today a Long Black Candlestick was formed. This shows that the prices declined significantly from open to close during the day under strong selling pressure.
FYI guys and gals
Posted by Durple on :
I have a good feeling on this stock for some reason so I decided to pick up some shares again. I just have a feeling they are going to do something good not be a billion dollar company or anything but 100 mil maybe. Who knows I guess we will see.
Posted by firefighterswct on :
good morning guys lets hope for a good day today
Posted by Vlad4 on :
Hope is all we got? How about some PR Posted by firefighterswct on :
yeah PR is what we need for sure they usually give out there PR's around lunch time or befour if one where to come out
Posted by firefighterswct on :
This morning is going to suck NITE keeps dropping his ask
Posted by Durple on :
Good morning GRYF holders I'm seeing a drop right off the bat today and then a big jump up
Posted by Bachstocks1 on :
Durple, why are you seeing that...We have go to see some green today....Ideas anyone, eevryone?
Posted by Durple on :
Already down now
Posted by Durple on :
woohoo bid higher than ask
Posted by jakeo on :
Argghhhh below 20 now- sooooo depressing
Posted by Durple on :
well we could see green if we all bought 5 million shares apiece throughout the day
Posted by clbgroove on :
quote:Originally posted by Durple: woohoo bid higher than ask
That cant be good can it????
I have never seen that, what does it mean
Posted by Durple on :
It was because bid MM was from yesterday and they still hadn't updated for today it was only there a few minutes. And it would be very good you could buy and sell all day making money never losing
Posted by net10708 on :
Well, since the company doesn't seem to want to help shareholders much, I guess we now have to wait for it to drop to the point where a group wants to run it and clean up.
Posted by Kevin from NYC on :
I'm not selling this low.
I'll wait.
Posted by Bachstocks1 on :
there we go, thanks guys....keep the green a coming Posted by Durple on :
ok now we're up
Posted by firefighterswct on :
We need that PR .....Dreamer rick any email or word from that guy you talked to about the PR thats suppose to come out today
Posted by dreamer_rick on :
quote:Originally posted by firefighterswct: We need that PR .....Dreamer rick any email or word from that guy you talked to about the PR thats suppose to come out today
NO E_MAILS YET
Posted by jakeo on :
anybody know when is the latest date the audit could be out? begining of august or mid august?
Posted by dreamer_rick on :
quote:Originally posted by jakeo: anybody know when is the latest date the audit could be out? begining of august or mid august?
That's the pr that is supposed to be out today ...but according to the IR it is supposed to be out in mid of aig
Posted by pensandoenti67 on :
rumor is that it will be much later than expected... sorry guys I tired of waiting after buying and selling this as of right now I'm up 24% so I'm out before I loose that. Pink companies are typically late on their promises, so I'm out for now.
If it starts running I'll get in, but for now I fear drops of 10% daily until we get the PR news... this can drop to .001 who knows.
Posted by jakeo on :
anybody else got any opinions?
Posted by jakeo on :
Posted by jakeo on :
quote:Originally posted by jakeo: Just got off the phone with investor relations the 415 #- he said definately mid august, not begining or anywhere in july.
But he also said something else that made me think, don't listen to those BS rumors about the numbers being bad", look at the press releases we wouldn't be opening the new dealerships if the numbers were bad"-
He also said shortly after that we are listing for the OTC
So i think we got a while to wait, but looks promising
Posted by vctclemen on :
jakeo im in for the long run too
Posted by pensandoenti67 on :
Sorry I sold .0022 if Audit not out until mid August this might drop, isn't that what we are waiting for...
I keep this in my radar if it starts to run I'll jump in... Good luck... don't take off without me...
Posted by firefighterswct on :
jakeo he dident say anything about setting a PR to tell all of us what you just told us
Posted by jakeo on :
He did set it, but i asked him whether it would be begining of august, and he said no- mid august. But hell who knows they've lied before
Posted by dreamer_rick on :
[ July 21, 2005, 12:31: Message edited by: dreamer_rick ]
Posted by firefighterswct on :
sure thing
Posted by dreamer_rick on :
[ July 21, 2005, 12:31: Message edited by: dreamer_rick ]
Posted by firefighterswct on :
its posted good luck ill be back around 3 hope to see it up by then
Posted by dreamer_rick on :
news out
KAMLOOPS, British Columbia--(BUSINESS WIRE)--July 21, 2005-- Greyfield Capital Inc. (Pink Sheets:GRYF) will be releasing its unaudited financials Friday, July 22. This will be followed up in mid- to late August with the release of the audited financials. New management of Greyfield is committed to having an open relationship with all of its shareholders.
About Greyfield Capital
Canadian Autorama is the Canadian subsidiary of Greyfield Capital and is a highly profitable, fast-growing premium automobile dealership in Canada. Canadian Autorama has been in operation for the last three years, and has experienced explosive growth and is quickly becoming the largest automobile dealership in central Canada.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
Posted by jakeo on :
wow so i do believe i just sold @ 20... right after i sold this comes out.
Posted by dreamer_rick on :
quote:Originally posted by jakeo: wow so i do believe i just sold @ 20... right after i sold this comes out.
buy more now when the pr reaches to every body this one will rock n roll we just need more buyers to come in ...but remeber this time buy the rumor and sell the news
Posted by dreamer_rick on :
quote:Originally posted by dreamer_rick:
quote:Originally posted by jakeo: wow so i do believe i just sold @ 20... right after i sold this comes out.
buy more now when the pr reaches to every body this one will rock n roll we just need more buyers to come in ...but remeber this time buy the rumor and sell the news
I just bought another 400 k shares and let's see
Posted by jakeo on :
Im trying to get on my account but ****ing ameritrade website is down
Posted by paulreetz on :
this is a good gesture by the company, especially when they said awhile back that there was no was they'd release the numbers without letting the audit finish first.
Posted by net10708 on :
From another board: in one hour there will be somthing wild .... news is suppose to be comming out about the audit report and the amount of the company profits for last quarter. and more look at what the mm's just did it follows the same path as last time befour big news one finale big shake out then a major run ... jump in while the price is still low keep an eye on the bid/ask price also when there is a big gap right after a shake out like we just saw means news is comming its just an mm thing alright good luck
Posted by firefighterswct on :
awsome thats what we need to give this a kick in the ass lets go guys lets hope these numbers are what we are looking for
Posted by dreamer_rick on :
Actully that was me net I spoke to the company and he said they has responded to my idea of releasing the unaudited numberes and wait till u hear the numberes ...it will be rock n roll I was aware of the news before it comes out and I asked fire to announce it in the boards...
we just need buyers to pump this up...for me I see tommorrow and next week will reach to the high the numberes are expecting to be big
quote:Originally posted by net10708: From another board: in one hour there will be somthing wild .... news is suppose to be comming out about the audit report and the amount of the company profits for last quarter. and more look at what the mm's just did it follows the same path as last time befour big news one finale big shake out then a major run ... jump in while the price is still low keep an eye on the bid/ask price also when there is a big gap right after a shake out like we just saw means news is comming its just an mm thing alright good luck
Posted by Jmoove on :
high expectations arent always good, pps jumps on suprises, not "oh thats how we thought it would be", thats all im worried about
Posted by jakeo on :
maybe a penny?
Posted by jakeo on :
still trying to get it back @ 22
Posted by firefighterswct on :
maybe all depends how good the numbers are but i would definitly think atleast back to the .006's that should be good for you kevin from nyc
Posted by firefighterswct on :
BID/ASK raising good news
Posted by dreamer_rick on :
WE NEED BUYERS IT'S ALL ABOUT BUYERS ...BUT PRICE WILL DIDENTLY WILL GO BACK TO .007
Posted by farpceca on :
my concern is the reasoning for today's pr. seems like they're trying to support the pps as best they can because the coming numbers will not help. how do you know the numbers are good? they just told you? I don't think a company would say numbers are bad even if they are.
Posted by jakeo on :
Got jumped over @ 22- I could punch a hole in the wall for selling, but I'm out @ 20, not chasing this one anymore, got a 100% gain off it. GLTA! And hope it gets to 60 or 70 so people can get their investments back
Posted by paulreetz on :
sorry jakeo, thats really bad luck
Posted by jakeo on :
yeah- figures right when i get out the stock takes off lol Shakerz will pump this most of em are already in this, they were just waiting for the "steroids"
Posted by dreamer_rick on :
quote:Originally posted by farpceca: my concern is the reasoning for today's pr. seems like they're trying to support the pps as best they can because the coming numbers will not help. how do you know the numbers are good? they just told you? I don't think a company would say numbers are bad even if they are.
how did they open 2 new branches if their cash is not good...and why would they annouce unaudited numberes if they are not good ..they could've anoouce that audited numberes will be annouce it in such a date and that's it ..but they are very confedent about them selves and ven said numberes helped us provide good cash to open new branches
this one will rock n roll tommorrow and next week
and look at the chart is forming an excellent white candle...few days ago I was pissed off this co today I bought more....LOOOOL
Posted by dreamer_rick on :
okay now we r .0027x.0028
Posted by bbygyrl123 on :
KAMLOOPS, British Columbia, Jul 21, 2005 (BUSINESS WIRE) -- Greyfield Capital Inc. (Pink Sheets:GRYF) will be releasing its unaudited financials Friday, July 22. This will be followed up in mid- to late August with the release of the audited financials.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
About Greyfield Capital
Canadian Autorama is the Canadian subsidiary of Greyfield Capital and is a highly profitable, fast-growing premium automobile dealership in Canada. Canadian Autorama has been in operation for the last three years, and has experienced explosive growth and is quickly becoming the largest automobile dealership in central Canada.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
SOURCE: Greyfield Capital Inc.
Posted by paulreetz on :
RSI is beginning to uptrend, this will probably close at over 30mil vol maybe more if there's an end of day run.
Posted by paulreetz on :
this might be making a run, ask is at 0.0035
Posted by firefighterswct on :
Hell yeah i knew this stock would come back to life Kevin from nyc i hope your watching lol
Posted by paulreetz on :
it would be very nice if it could close around 26-30. if it closes there and the numbers come out tommorrow I might even alter my break even sell order...
Posted by firefighterswct on :
This stock will definitly fly tommorow all day exscpeailly in the morning pre release of the numbers then when these numbers it and they are awsome this will really fly im in for more good luck guys
Posted by paulreetz on :
0.0035
I agree, I hope Kevin is watching. if the spread would tighten up this will run for a bit...
Posted by dreamer_rick on :
guys who knows the language of those shakerez please translate this:
BCIT = GRYF TYPO = STRONGER THAN A 5000LB GORRILLA
Posted by Spinoff on :
ok ok..i'm back in but only a 1 count @ 35 COMON' NUMBAH'S!!!
Posted by Jmoove on :
bid needs to stack a bit more, need some of those at .001 to jump into the 2's, otherwise this remains a bit weak on the ask
Posted by paulreetz on :
awesome, bid is moving up... at 0.0031 now
Posted by Spinoff on :
JM, did u stay in for the whole ride so far?
Posted by Jmoove on :
still have about 75% of my shares, nite needs to get some friends to come up with him and we are set
Posted by net10708 on :
What a totally wild ride this has been! Don't sell! At least don't sell at the bid. Getting tighter and tighter.
Posted by Jmoove on :
im in from .0006, i said i was in till numbers and thats what im gonna do, wont leave until atleast tomorrow
Posted by Spinoff on :
NICE RIDE JM!!! COMON GRYF!!!
Posted by dreamer_rick on :
okay MM's NITE and SCHB are trying to keep the price below .0035 mother fu**ers we have to get them out of the ask
Posted by Bowes on :
wow, im kidna glad right now I didnt buy, I was about to buy ni @ .0035, glad I held off, maybe Ill be able to get in <.003. I definately think this is going to jump tomorrow.
Posted by net10708 on :
This much interest late in the day? A great one coming tomorrow!!!! We deserve it!
Posted by dreamer_rick on :
they are son of b I don't know why don't they want this one to go up I don't know why ?MM's
Posted by firefighterswct on :
o yeah we do the mm's are trying to hold this down and all we need now is the buyers and this will jump also nice volume today its a good sign people are interested in this stock again and the numbers tommorow should help us all out
Posted by Bowes on :
are there alot of buys coming through?
Posted by firefighterswct on :
yeah alot of buy , the reason they are trying to hold this down now is so they can get in at a good price and then when the pr comes out tommorow then they know they wont be able to hold it down
Posted by dreamer_rick on :
they gotta be a law to fu** these MM's especially NITE and SCHB ....we have to close above .0035 at least above .0030
Posted by Bowes on :
you'll definately get .003 as long as the last trade is a buy,
Posted by Bowes on :
alot of people w/ sell limits set @ .003, you see how it only was @ .003 for like a couple seconds, getting past the bid @ .003 is going to be tough until some news tomorrow
Posted by Bowes on :
.0028/.003 is my prediction for the close
Posted by George on :
Shakers pumping be careful...keep an eye on the L2's
Posted by Durple on :
OK George....... Couldn't be the news.... not everything is a pump when something moves
Posted by dreamer_rick on :
they wouldn't let it go they wouldn't
Posted by George on :
They are doing it because of the news, not the news alone.
Posted by farpceca on :
no buying rush at eod. 20 min to go. not sure how that bodes for the morning.
Posted by firefighterswct on :
alot of people dont know of the news yet also alot of people waiting to actually see what the numbers really are the catch hear is the people who are waiting to see what the numbers are well it will be to late for them by the time there orders get filled for them to get in like we are now
Posted by Mule on :
Hope we all make a lot of loot tomorrow. BEER TIME today Tomorrow maybe BUBBLY TIME !!!! Closed up at .0031 after the bell.
Posted by farpceca on :
hope so. i'm new in this and hope at at least .004-005 tomorrow.
Posted by firefighterswct on :
With the close above .003 i think this sets us up for a nice run tommorow and possibly monday but one day at a time . The thing i like about this is that the news that we are waiting for actually has a date of when it is going to come out unlike the past where it has all been rummers and when the numbers come out and everyone who was on the side lineswaiting for the numbers jump in this stock should really take off fast good luck to everyone tommorow and hope this thing fly's
Posted by dreamer_rick on :
okay we closed at .0031 ..this is much better let's see tommorrow
any body here is chart reader please feed us back with openions ...
1-we closed with bullish engulfing candle 2-RSI is bouncing to the upside 3-closed above 20 day SMA and above 20 day EMA 4-avg vol for the last 5 days is aprox. 21 mln and the vol today is higher by 2x 5-STO is about to cross 6-and last but not least news will be out tommorrow
[ July 21, 2005, 16:26: Message edited by: dreamer_rick ]
Posted by firefighterswct on :
im hoping more like .007 tommorow maybe higher it hit this last time on no news now with news this should hopefully go higher then that
Posted by Spinoff on :
Yep GRYF needs ta bring it tomorrow that's for sure....COMON' YOU BASTAGES BIG NUMBERS!!!
Posted by jakeo on :
Reasons not to worry about those numbers being bad-
1) They are unaudited so they might be inflated, the company "could" pump them up as much as they need to. 2) They keep opening dealerships, if they didn't have the cash to do this they wouldn't. 3) I got a good feeling from IR when I called today stating that "not to listen to the rumors"
Reasons why this will run tommorrow-
1) Chart looks good 2) Close above .003 3) Shakerz are pumping it (Watch the L2s) 4) Buyers should come in the morning
Only thing that would be bad- If they didn't release numbers tommorrow But I dont think that'll happen. GLTA watching this tommorrow and regreting that sell today @ 20.
Posted by dreamer_rick on :
Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.
For more about this candlestick click here.
The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
Posted by HILANDER on :
Wow, didn't get to check the computer at work today (my new bradley showed up) low .0016 close of .0031 high .0037. am I dreaming or what? Cool just plain cool.
Posted by Kevin from NYC on :
quote:Originally posted by firefighterswct: maybe all depends how good the numbers are but i would definitly think atleast back to the .006's that should be good for you kevin from nyc
Yup. I'm out in the .006s
Posted by Kevin from NYC on :
quote:Originally posted by jakeo: yeah- figures right when i get out the stock takes off lol Shakerz will pump this most of em are already in this, they were just waiting for the "steroids"
Thanks for getting out then. Way to take one for the team Posted by Kevin from NYC on :
quote:Originally posted by firefighterswct: Hell yeah i knew this stock would come back to life Kevin from nyc i hope your watching lol
Catching up on the day now... just did a little dance....
Posted by Kevin from NYC on :
quote:Originally posted by paulreetz: 0.0035
I agree, I hope Kevin is watching. if the spread would tighten up this will run for a bit...
Man, you guys are great
I hope we all end up in a winner stock one day so we can all party. I have never had so many people pulling for me before This feeling is almost worth the $10,000 I was down lol
Posted by Kevin from NYC on :
quote:Originally posted by dreamer_rick: guys who knows the language of those shakerez please translate this:
BCIT = GRYF TYPO = STRONGER THAN A 5000LB GORRILLA
This thing is set up to go nuts.
Posted by jakeo on :
quote:Originally posted by Kevin from NYC:
quote:Originally posted by jakeo: yeah- figures right when i get out the stock takes off lol Shakerz will pump this most of em are already in this, they were just waiting for the "steroids"
Thanks for getting out then. Way to take one for the team
No seriously kevin, i put my sell order in @ .002 and i leave for 5 minutes, then i come back and that news breaks... shares are sold and then i try and buy back in @ .0022 and ****ing ameritrade goes down!!! Its gotta be a sign... either I shouldnt be in this stock or I should be more faithful/patient... *sigh* ah well im in NWPO with 4k shares now. When all goes well tommorrow and ya get out, take a look @ NWPO trading little below a dollar right now and could run to 2-3$... solid co
Posted by Kevin from NYC on :
Thanks, I'll take a look at it
Good luck!!
Kev
Posted by Vlad4 on :
so we all party tomorrow? Good luck to us all!!! GO GRYF!!!!!
Posted by corndo on :
C'mon guys...you gotta admit: this is better than a Superbowl kick-off!!
I'm so glad I held on after the last run up. (I guess I didn't have the KAHOONAZ alot of people had to average down on this stock)
Pre-locked and Loaded. Let's ride!!
Posted by corndo on :
Oh yeah: good luck Kevin. (Don't dare throw in the towel before 70)
Posted by firefighterswct on :
Yesterday I asked FATHEROFTWO what he thought about this stock and he said that he looked at the chart and says that its at the bottom and is ready for another run and with the news comming out yesterday and today thats only going to push the run higher .. thats a good answer if you ask me lol
Posted by superbroke on :
Greyfield Reports Record Revenue and Profit for June; 838% Revenue Increase and 551% Increase in Profit
KAMLOOPS, British Columbia, Jul 22, 2005 (BUSINESS WIRE) -- Greyfield Capital, Inc (Pink Sheets:GRYF) has achieved record revenue and profit growth for the month of June 2005. Revenues increased to $112,313 and profits climbed to $20,354. From June 2004 to June 2005, revenues increased by 838% and profits increased by 551%.
Additionally, Greyfield has also announced the opening of two new dealerships. One of these new dealerships will immediately be adding revenue and profits for the month of July 2005.
Greyfield believes that revenues and profits would have been even higher if the company had proper management in place. This has now been rectified with the resignation of old management and the appointment of new management.
The company has achieved phenomenal growth in revenue and profits in the last year and this trend is continuing at an accelerated rate.
These numbers are unaudited. Audited numbers should be released in August.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
Greyfield Capital is quoted on NQB Pink sheets as "GRYF."
About Greyfield Capital
Canadian Autorama is a highly profitable, fast growing premium automobile dealership in Canada. Canadian Autorama has been in operation for the last three years and has experienced explosive growth and is quickly becoming the largest automobile dealership in central Canada.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
SOURCE: Greyfield Capital Inc
CONTACT: Greyfield Capital, Inc. O' Bell, 415-738-6950 info@theautorama.com
Posted by firefighterswct on :
Awsome ..... Look at that Greyfield Reports Record Revenue and Profit for June; 838% Revenue Increase and 551% Increase in Profit
Thats insane for a company to have that much of an increase in one year this thing can definitly run up to penny land with some volume and some good buys .
Posted by George on :
I posted on the other thread but there are more people here so I will ask again:
First off guys I am not bashing, just trying to understand and learn. So I have some questions. I do not get it.....so they sold 8 cars in a month? How is this phenomenal? Also in Canadian dollars. Is this a play just because people are playing it or because it's value at 100k a month in rev is worth more than .003 per share? How many shares are O/S? And to have 800% increase in revenue in a year when they have only been in business 3 years is not un heard of. That means they sold one car last year and 8 this year. I am really trying to understand why this is a great stock beside it just being group plays this week? Any real insight into the numbers, not just pumping, would be appreciated. Thanks.
George
Posted by firefighterswct on :
its just the fact of the matter of the increase.. Greyfield Reports Record Revenue and Profit for June; 838% Revenue Increase and 551% Increase in Profit ......
those numbers are great yeah the top end numbers are no google but its a start and its showing the company is exspanding and is growing and yeah today should be a good day i mean look at the l2's etc and read other boards , other boards are calling for this stock to jump a penny plus today personally i dont care to much about the far out future im just in on this thing hitting a penny it should be a fun ride and hell if the company can keep growing at this rate well who knows
Posted by Jmoove on :
sorry guys, im not impressed, was hoping for more. They talked alot of talk, and didnt even take a baby step IMO. Ive been a supporter of this from the beginning have def made some money on this but all this will do is cause an unsustained run, I hope Im wrong. Kev, hope we se 70 for ya today!
Posted by Vlad4 on :
HERE WE GO, ITS UP UP WE GO, FOLKS!
Posted by Jmoove on :
gonna be a nice run, exit point is what is key today though, I really hoped we'd see a sustainable pps
Posted by Vlad4 on :
+.0034 x .0036
Posted by firefighterswct on :
Already up 17% in pre market trading insane there jumping all over the ask and ive seen it go from .0031 to .0036 just pre market befour anyone else can even get in awsome good day comming today
Posted by firefighterswct on :
everyone is talking about a run to a penny or more so im getting out probably around .007 or .008 all depends on how it looks though if it looks strong ill try and ride it higher
Posted by Vlad4 on :
oh yeah!!!!!
Posted by Durple on :
good day today glad I got back in
Posted by firefighterswct on :
+.0036 X .0038
Posted by Vlad4 on :
ALL ABOARD!!!!! Blast off!!!
Posted by firefighterswct on :
almost 2 million in voulume already
Posted by Vlad4 on :
yeah and up at ..38 already
Posted by Jmoove on :
im serious guys pick an exit
Posted by Vlad4 on :
5.5 mil volume
Posted by stickfigurefred on :
Im out at .0038, good luck guys!
Posted by net10708 on :
.005 coming on big pop soon. Wow! Great earnings!!!!!!!!!!
Posted by firefighterswct on :
if the buys keep comming in this will definitly go up over 100% today
Posted by Vlad4 on :
wow, just doubled vol. at 11.5 Mil
Posted by ed19363 on :
So far, looks like the big gain for the day was cancelled due to lack of interest. Hardly moving at all.
Posted by firefighterswct on :
lack of interest? we never have 11 million in volume 15 minutes into the trading day idk what your talking about there
Posted by $Keith$ on :
still early...only 17 minutes of trading!
Posted by ed19363 on :
Volume dont mean a thing unless the PPS moves. Where is the .006 everybody was talking about. Looks like this is just another penny stock....all blow, no go....
Posted by Vlad4 on :
I know... approuching 13 mil, ed!
Posted by dap123 on :
when the audit suppose to come?
Posted by Vlad4 on :
just keep watching ed, .006 is coming very soon!
Posted by Durple on :
Hello Ed you can start another thread to put your negative crap on. GRYF right there with MSFT for first 20 minutes of volume I mean come on if your in this be positve if you not start a thread called I own no stocks but I like to be negative.
Posted by ed19363 on :
I've been watching the pumping, and so far this is just disappointing.
Posted by firefighterswct on :
ED its the mm's try to hold this back with the volume it pushes the mm's out of the way to allow the stock to go up so volume is key and with 13 mill in 20 minutes its not a bad start .......
Posted by George on :
Looks like that is it .0037....Fire is right...pick an exit point for today. You can always get back in later.
Posted by dreamer_rick on :
Guys who ever have doubts he can get out but please sell at the ask not the bid ...okay
Posted by dreamer_rick on :
what the hell is going on ?
Posted by Kevin from NYC on :
maybe a group will pick it up. 10:30 is a good time for groups to jump in... we'll see.. it has the vol, and news.. that is what they look for
Posted by ed19363 on :
Down to .0031....looks like I should have shorted it.
Posted by Vlad4 on :
The quotes displayed here are published by market makers on OTCQX, Pink Sheets' quotation, execution and negotiation platform for OTC securities. Please see Terms of Service and Risk Warning for more information. TRADE DATA Last Sale: 0.0037 Change: +0.0008 Percent Change: +27.59 Tick: Down Daily High: 0.0039 Daily Low: 0.0034 Opening Price: 0.0038 Volume: 10,320,831 Annual High: 0.0550 Annual Low: 0.0004 Dividend: 0.000 Earnings/Share: 0.00 Previous Close: 0.0029 P/E ratio: N/A Yield: 0.00 Beta Coefficient: 0.54 Last Trade Date/Time: 09:52
Posted by Kevin from NYC on :
i have not sold one share yet.
Posted by HILANDER on :
All I wanna know, is who sold below .002 yesterday. ha ha ha ha ha ha ha ha ha whats that like?
Posted by dreamer_rick on :
we closed the gap and up again ...then IMO the down side cuz some people hit the bid and starting some pull back...that's why I said DON|T hit the bid ...anyway it's a good sign that we fill the gap ...let's see if we can go further up ...let's wait
Posted by HILANDER on :
not worried, avg for me is .0017 now. JUst wanna see the guys that got burned on the last run get their money back.
Posted by sonic0boom on :
remember everyone, free L2 on pinksheets.com
by the way, it looks like MMs are selling people their buys in small chunks. Just talked to someone who got filled in 3 small quantities.
Posted by firefighterswct on :
THIS THING WILL STILL TAKE OFF IN MY OPION ALOT OF PEOPLE GOT IN AT .0038 AND WONT SELL LBELOW THAT FOR SURE .... WELL IF THEY DO THERE IDIOTS
Posted by firefighterswct on :
SO SONIC IS THAT A GOOD OR BAD THING SMALL CHUNKS?
Posted by Durple on :
we had 70mil in volume our last big gain day alomst half way there now
Posted by paulreetz on :
yea... almost 30 mil already is impressive
Posted by HILANDER on :
looks like they're throwin up hte Great Wall of China at 37/38, after that it may get interesting.
Posted by sonic0boom on :
fire, I honestly don't know for sure ... One possibility is that they want it to appear that only small buys are occurring. Sounds like a bit of manipulation, but who knows?
Posted by Vlad4 on :
I'm showing no movement for over 10 min
Posted by dreamer_rick on :
could it be possible that still a lot of people don't know the news yet ...?
Posted by firefighterswct on :
YEAH THATS POSSIBLE THE SHAKERZ ARE PLANNING A RUN AROUND LUNCH TIME
Posted by firefighterswct on :
MM'S TRYINGTO PULL OUT ANOTHER SHAKE DONT LET THEM FOOL YOU
Posted by farpceca on :
i haven't seen a any shakerz posts about a lunch time run. where is it?
Posted by ed19363 on :
It's flying like a lead balloon....LOL
Posted by dreamer_rick on :
SCHB seems to work with us he's trying to bring the bid up each time ...this is a good sign ..the bad thing that those mother fu**ers NITE & ETRD are holding the stock from going up we need the shakerez to get in so they can force them to get out of the ask
Posted by dap123 on :
should be a dip by lunch mms have to eat dont they :}?
Posted by firefighterswct on :
BACK UP TO .0036 IF WE CAN BREAK .0038 WE ARE GOLDEN COME ON GUYS PUSH THE BUYS ....
Posted by paulreetz on :
fire, I SEE YOU HAVE BEEN SPENDING TOO MUCH TIME ON THE SHAKERZ BOARD
Posted by stickfigurefred on :
Hehe
Posted by Durple on :
I'm gonna sell my shares at $4.27. I would like to see if they go to the otcbb if they did it seems like the stock would do much better they are gonna have 3 dealerships and adding more fast I'm sure as long as they stay profitable. I wish I knew the O/S though that would help guage what they are really worth
Posted by Kevin from NYC on :
$4.27??
how did you come to that number? a pps of $4.27?
Posted by Jmoove on :
umm 500 million o/s, so you value this company at about 2 billion?
Posted by Kevin from NYC on :
If you have 1,124 shares, they will have a value of $4.27 when the pps gets to .0038 Posted by firefighterswct on :
LUNCH TIME FOR THE MM'S SLOWING DOWN AFTER LUNCH POP HOPEFULLY
Posted by Kevin from NYC on :
Hey Fire... If you can make the shaker group buy this up to a pps of $4.27 I'll give you a million dollars Posted by dreamer_rick on :
quote:Originally posted by Kevin from NYC: Hey Fire... If you can make the shaker group buy this up to a pps of $4.27 I'll give you a million dollars
LOOOOOOOOOOOOOOL
Posted by HILANDER on :
yeah, me too, kevin.
Posted by Kevin from NYC on :
ok, that's 2 million bucks for you so far Fire... go for it
Will paypal work for a million dollars?
Posted by dreamer_rick on :
well it seems buying is over ...they r so stupid to release the numberes before the market opens ..they should've released it at noon so people will buy then get stronger by the EOD but now they made every one buys and stopped
Posted by jakeo on :
Posted by jakeo on :
quote:Originally posted by jakeo: Morning all just got up- slept in because i didnt want to see the profits coulda made had I stayed in... but WTF?!!?!?>!
"Where iza da 50000 ton mega-steroidal & hormonal jacked up gorlliazzzzzzzzzzzzzzzzzzz!!!!!"?
And why the hell did they release their PR @ 7:30 in the morning eastern.... Fishyishy- that means they woke up @ 4:30 AM to put that out... Could drove the price wayyyyyy up if they had waited til lunch at least, people we're still buying on speculation!
Figured it would be @ 60 by now and then dumped back down at least... BUT DAILY HIGH 39!?!? Whats the deal!
Posted by Durple on :
$60 really YES I'm retired now
Posted by Vlad4 on :
some big movement in vlume! somethign is up?
Posted by dreamer_rick on :
OTCplayers Site Suggestion will be at 2:00 this afternoon. Sorry for the delay and confusion this may have caused any of you. ~Steven~
Posted by ed19363 on :
Okay, who hit the flush handle??
Posted by Vlad4 on :
4 mil in the last minute or so
Posted by dreamer_rick on :
quote:Originally posted by dreamer_rick: OTCplayers Site Suggestion will be at 2:00 this afternoon. Sorry for the delay and confusion this may have caused any of you. ~Steven~
somebody sent me this at my yahoo messanger about GRYF
fu** it's at 29x31 now I don't know guys
Posted by paulreetz on :
its a shake
Posted by firefighterswct on :
ITS JUST A SHAKE I THINK ITS THE LUCH TIME SELL OFF ITS 1130 IT HAPPENS EVERYDAY AT THIS TIME
Posted by Durple on :
500 mil O/S 1.2 mil sales a year =.0024 pps 3 dealerships total soon or now don't recall should turn it into 3.6 mil insales giving a price of .0072 and that's with no expectations They are making .00048 a share currently with 20k a month profits not bad for some podunk dealership in Canada I would say this time next year we will see around .08-.11 a share with current growth. In 2 years we should see around .65-.80 If they stay profitable. Anyway just opinions and guesses
Posted by firefighterswct on :
ACTUALLY PROBABLY A GOOD BUYING OPPERTUNITY EVEN IF YOU PICK UP SOME AT .003 AND TURN AND SELL AT .0038 STILL NOT A BAD PROFIT
Posted by HILANDER on :
Sh*****t, I had a stop loss in at .0031 I forgot to remove before I ran up to the store. 400,000 shares at .0031 down the toilet, well, for a profit. WTF? panic sell again. That IS THE LAST TIME I ever do that again.
Posted by Durple on :
we will pull back up to .0035 and around 12:30 we will see a steady uptrend to higher ground like we did last time it went up big
Posted by paulreetz on :
if you hurry you can buy them back
Posted by firefighterswct on :
BIG BUYS COMMING IN
Posted by jakeo on :
Needs more buys to be sustainable
Posted by jakeo on :
why didn't this take off to .006 this morning? doesnt make sense!
Posted by Vlad4 on :
yeah big buys at ask
Posted by Mack on :
ask now at .0034
Posted by dreamer_rick on :
just 8.7 mln been excuted at .0030 wow
Posted by HILANDER on :
screw it, not gonna chase this up. Chased stocks up before and ended up jinxing it for everyone. Still holding half. Damn, Damn, Damn.
Posted by Vlad4 on :
yeah, should be moving much higher, not sit here at 003. Whats the problem? I mean look at the volume. Over 50 mil already
Posted by firefighterswct on :
YOUR RIGHT NOT ENOUGH BUYS COMMING THROUGH TO MANY SELLS IDK MAYBE YOU GUYS WHERE RIGHT WDURPLE YOUR PPS OF .0024 VAULE MAKES SENSE
Posted by dap123 on :
i got in at .0031 i new mms had to eat Posted by jakeo on :
GRYF...ALL ABOARD @.0031 for a RIDE posted @ 11:30
Posted by firefighterswct on :
MAYBE THE NUMBERS WERNT WHAT EVERONE EXSPECTED I MEAN THE PERCENT WISE WAS GREAT BUT THE ACTUAL PROFIT WELL $20,000 MOST IF NOT ALL OF US MAKE MORE THEN THAT IN 6 MONTHS
Posted by jakeo on :
Definately needs more buys but the shaker thing might help, alot of people wanted to get in @ 30 so they might get their wish
Posted by pensandoenti67 on :
What do you guys think of AUML?
Buy electronics and computer equipment at a lower price.
Check it out, please post on the AUML thread if you have any comments
Posted by firefighterswct on :
MY ONLY CONCERN THAT IM BEGGINING TO REALIZE NOW IS THAT IF A STOCK DOSSENT TAKE OFF BIG THE SHAKERZ AND ANYONE WHO READS THERE BOARDS TEND TO GET OUT SO THEY DONT GET STUCK HOLDING THE BAG AND BEING TODAY IS FRIDAY AND THERE IS NO GOOD NEWS LEFT INTHE SHORT TERM FOR THIS COMPANY AND THE VOLUME TODAY AND THE MONEY MOVING AROUND IS MORE THEN THE COMPANY ACTUALLY MADE IN PROFITS FOR THE WHOLE YEAR IS KINDA LEADING ME TO WANNA SELL AND GET OUT AND MAYBE RE CATCH THIS STOCK JUST BEFOUR IN ANNOUNCES GOING TO THE OTCBB
Posted by firefighterswct on :
THIS MORNING IT ALL LOOKED GOOD AND DANDY WITH THE REVINUES AND PROFITS BEING UP 800 AND 500% BUT THATS WHAT I WANTED TO SEE I DIDENT REALLY WANT TO SEE THE REAL NUMBERS OF ONLY $20,000 IN PROFIT AND I THINK THATS WHAT EVERYONE IS SEEING AND THATS WHY THE STOCK IS NOT JUMPING I MEAN IF YOU LOOK BACK THE STOCK HAS GONE FROM .0006 TO HERE ALL INTICIPATING THE NUMBERS AND WELL I DONT KNOW IF THEY WHERE WORTH THAT MUCH OF A PERCENT GAIN SO IDK WHATS YOUR THOUGHTS ON THIS ANYONE
Posted by jakeo on :
Take your money and run if you dont wanna hold til end of august.
Posted by firefighterswct on :
I THINK IF YOU ARE PLANNING ON WAITING TILL THE END OF AUGUST YOU MIGHT AS WELL GET OUT NOW AND THEN REBUY SAY MID AUGUST WHEN THE PRICE IS BETTER IMO
Posted by HILANDER on :
Sorry guys, had to sell while I still had my profits. Good Luck everyone. And Kevin, hope you and the others score big on this in the end. GLTA
Posted by George on :
quote:Originally posted by Durple: 500 mil O/S 1.2 mil sales a year =.0024 pps 3 dealerships total soon or now don't recall should turn it into 3.6 mil insales giving a price of .0072 and that's with no expectations They are making .00048 a share currently with 20k a month profits not bad for some podunk dealership in Canada I would say this time next year we will see around .08-.11 a share with current growth. In 2 years we should see around .65-.80 If they stay profitable. Anyway just opinions and guesses
Only problem with your math is that they do 800k a year so it would be:
500 mil O/S $800,000 sales a year =.0016 pps
If they triple sales you are looking at .0048
Posted by firefighterswct on :
WOW GOOD CATCH GEORGE I JUST ASSUMED HE WAS RIGHT DAMN THATS A SCARY THOUGHT
Posted by dingbat on :
^ Give the man a cigar.
edit: meant for George
Posted by ed19363 on :
Hope somebody shorted this....it's bombing....
Posted by George on :
quote:Originally posted by firefighterswct: MY ONLY CONCERN THAT IM BEGGINING TO REALIZE NOW IS THAT IF A STOCK DOSSENT TAKE OFF BIG THE SHAKERZ AND ANYONE WHO READS THERE BOARDS TEND TO GET OUT SO THEY DONT GET STUCK HOLDING THE BAG AND BEING TODAY IS FRIDAY AND THERE IS NO GOOD NEWS LEFT INTHE SHORT TERM FOR THIS COMPANY AND THE VOLUME TODAY AND THE MONEY MOVING AROUND IS MORE THEN THE COMPANY ACTUALLY MADE IN PROFITS FOR THE WHOLE YEAR IS KINDA LEADING ME TO WANNA SELL AND GET OUT AND MAYBE RE CATCH THIS STOCK JUST BEFOUR IN ANNOUNCES GOING TO THE OTCBB
Now you got it.....The play is worth more than the worth of the whole company. that is why it was a pump and dump the other day. that is what I have said all along.
Posted by dingbat on :
Lick your wounds and move to phox. You have 3.5 hours. Posted by George on :
quote:Originally posted by George:
quote:Originally posted by Durple: 500 mil O/S 1.2 mil sales a year =.0024 pps 3 dealerships total soon or now don't recall should turn it into 3.6 mil insales giving a price of .0072 and that's with no expectations They are making .00048 a share currently with 20k a month profits not bad for some podunk dealership in Canada I would say this time next year we will see around .08-.11 a share with current growth. In 2 years we should see around .65-.80 If they stay profitable. Anyway just opinions and guesses
Only problem with your math is that they do 800k a year so it would be:
500 mil O/S $800,000 sales a year =.0016 pps
If they triple sales you are looking at .0048
It is actually worse than that because they just started making 200k a qtr. so that is a forward prediction, not based on last year. Because they actually never got close to 200k in rev for the last 12 months. in a word boys: SCAM
Posted by firefighterswct on :
PHOX WHATS SO GOOD BOUT THAT
Posted by stickfigurefred on :
Looks worse then settled down, think she took a dirt nap.
Posted by firefighterswct on :
I JUST WANT TO PERSONALLY SAY IM SORRY TO EVERYONE I DIDENT REALISE HOW MUCH OF A SCAM THIS COMPANY TRULLY WAS AND ANYONE WHO MADE PROFITS CONGRADUALTIONS ANYONE WHO LOST MONEY LIKE ME IM SORRY I WAS HOPING FOR BETTER I THOUGHT THE STOCK WOULD DO BETTER BUT THE FACTS AND TRUTH DONT LIE WHEN I TALKED TO THE COMPANY AND I HEARED EVERYTHING BOUT MORE OUTLETTS AND RECORD PROFITS I THOUGHT WOW THIS HAS GOT TO BE A WINNER AND WELL THEY LIED IM SORRY TO EXSPEACILLY THOSE GUYS LIKE KEVIN WHO GOT SCREWED I MEAN I LOST 5 G'S SELLING OUT AT .003 AND IDK GOOD LUCK HOPE IT COMES BACK TO LIFE FOR EVERYONE BUT I WOULDENT COUNT ON IT LIKE PEOPLE ARE SAYING NOW THE VALUE OF THIS COMPANY IS BACK IN THE TEENS SO IDK IF I HAD ANY ADVICE OF NOW I WOULD SAY GET OUT IN THE 20'S CAUSE MONDAY COULD BE BACK IN THE TEENS
Posted by paulreetz on :
George, I think most people were just in this for the play. This might be a good company to invest in someday, but it doesn't seem like now is the time. If they can successfully manage multiple dealerships, around the time they open more is when I will take notice.
Posted by dreamer_rick on :
Sorry guys I am out sold and keep some profits
Posted by ed19363 on :
What a bust !!!
Posted by vwcruisn on :
anyone still holding?
Posted by Kevin from NYC on :
i have not sold
Posted by flanders on :
Me too, still holding
Posted by Durple on :
quote:Originally posted by George:
quote:Originally posted by George:
quote:Originally posted by Durple: 500 mil O/S 1.2 mil sales a year =.0024 pps 3 dealerships total soon or now don't recall should turn it into 3.6 mil insales giving a price of .0072 and that's with no expectations They are making .00048 a share currently with 20k a month profits not bad for some podunk dealership in Canada I would say this time next year we will see around .08-.11 a share with current growth. In 2 years we should see around .65-.80 If they stay profitable. Anyway just opinions and guesses
Only problem with your math is that they do 800k a year so it would be:
500 mil O/S $800,000 sales a year =.0016 pps
If they triple sales you are looking at .0048
It is actually worse than that because they just started making 200k a qtr. so that is a forward prediction, not based on last year. Because they actually never got close to 200k in rev for the last 12 months. in a word boys: SCAM
Well I'm pretty sure that $112,313 x 12 = more than 1.2 mil but who knows George your a genius. I was basing that on last months sales staying steady for a year. If you read my post it said it was my opinion and guess. So you can argue with my opinion all day long it's still my opinion don't say I'm wrong when you don't know wtf I'm talking about.
P.S. get a life, your meaningless life has no affect on people
Posted by OneGreater on :
more news out and I'm still holding...
Posted by OneGreater on :
Greyfield Negotiating Acquisition of Mitsubishi Dealership; Releasing Inventory Asset Numbers on Monday Business Wire - July 22, 2005 12:57
KAMLOOPS, British Columbia, Jul 22, 2005 (BUSINESS WIRE) -- Greyfield Capital Inc. (Pink Sheets: GRYF) is today negotiating to acquire an operating Mitsubishi dealership. The Mitsubishi dealership currently markets new and used vehicles and is also certified to perform maintenance work on all Mitsubishi make and models.
When acquired, the dealership will immediately be adding revenue and profits to the company.
Mitsubishi Motors is globally recognized as an innovative leader in the automobile industry. More information about Mitsubishi Motors can be found at http://www.mitsubishicars.com.
Greyfield shall also be releasing its inventory asset numbers on July 25.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
Greyfield Capital is quoted on NQB Pink Sheets as "GRYF."
About Greyfield Capital
Canadian Autorama is a highly profitable, fast growing premium automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced explosive growth and is quickly becoming the largest automobile dealership in central Canada.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
SOURCE: Greyfield Capital Inc.
Greyfield Capital Inc. O' Bell, 415-738-6950 info@theautorama.com
Copyright Business Wire 2005
Posted by superbroke on :
Greyfield Negotiating Acquisition of Mitsubishi Dealership; Releasing Inventory Asset Numbers on Monday
KAMLOOPS, British Columbia, Jul 22, 2005 (BUSINESS WIRE) -- Greyfield Capital Inc. (Pink Sheets: GRYF) is today negotiating to acquire an operating Mitsubishi dealership. The Mitsubishi dealership currently markets new and used vehicles and is also certified to perform maintenance work on all Mitsubishi make and models.
When acquired, the dealership will immediately be adding revenue and profits to the company.
Mitsubishi Motors is globally recognized as an innovative leader in the automobile industry. More information about Mitsubishi Motors can be found at http://www.mitsubishicars.com.
Greyfield shall also be releasing its inventory asset numbers on July 25.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
Greyfield Capital is quoted on NQB Pink Sheets as "GRYF."
About Greyfield Capital
Canadian Autorama is a highly profitable, fast growing premium automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced explosive growth and is quickly becoming the largest automobile dealership in central Canada.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
SOURCE: Greyfield Capital Inc.
CONTACT: Greyfield Capital Inc. O' Bell, 415-738-6950 info@theautorama.com
Posted by George on :
I was using last years rev numbers....You are right if they continue with the same growth rate. I just know that one month does not make a trend and that is why I used actuals for 12 months. Did not mean to piss you off.
Posted by ed19363 on :
Anybody buying??? LOL
Posted by stickfigurefred on :
Don't think thats gonna make too many buy back in now.
Posted by Brustkern on :
I am holding some freebies. Sold enough for my intial + some small profit.
Posted by Durple on :
Thanks George sorry I retaliated like a child
Posted by fishfarmer on :
Think this will make it run again? Greyfield Negotiating Acquisition of Mitsubishi Dealership; Releasing Inventory Asset Numbers on Monday Greyfield Capital Inc. (Pink Sheets: GRYF) is today negotiating to acquire an operating Mitsubishi dealership. The Mitsubishi dealership currently markets new and used vehicles and is also certified to perform maintenance work on all Mitsubishi make and models.
Posted by ed19363 on :
No sign of it moving anywhere except down.
Posted by $Keith$ on :
alright ED19363...we have heard your 10 year old opinion a couple times now...go bash another thread!!!
Posted by jakeo on :
More fluffy PR- The company really wants the price to go up you can tell, they keep releasing PR when the rumors reach their peak... I think the public has noticed this and everybody is afraid to buy in because of it.
Posted by paulreetz on :
I got out earlier. Not to bash the co. but I laughed when I saw the PR about the Mitsubishi dealership. They're only releasing this to try to bump up pps.
If the company gets listed and grows more this mentality of theirs will be awesome, but it sucks when they don't really have anything to say.
Posted by $Keith$ on :
There PR's are fluff, but they are posting profit, which is more than you can say about most stocks on the pinks!!!
Posted by farpceca on :
as soon as i saw there was a pr before the bell, i knew it would jump a little and then tank throughout the day. i thought they would have let the anticipation raise the pps before an afternoon pr. silly to release it pre-bell.
Posted by George on :
quote:Originally posted by paulreetz: I got out earlier. Not to bash the co. but I laughed when I saw the PR about the Mitsubishi dealership. They're only releasing this to try to bump up pps.
If the company gets listed and grows more this mentality of theirs will be awesome, but it sucks when they don't really have anything to say.
that is exactly what they are doing, PRing to try and support the PPS.
Posted by George on :
mirror trade at .0014 to .0032 for 2.6mil shares...someone is playing. that is a 60% swing.
Posted by firefighterswct on :
I told you guys to get out when you had the chance hope this thing rebounds monday but for anyone who is new to this stock this seems to be how it works the company goes up ( this morning ) then it contracts at around 11:30 it declines even more ( mm's go to lunch) picks up alttle just after lunch then settle down and ends up lower at the end of the day ive been watching this and had owned this for the last 2 weeks and thats how it has played i thought watching for the earnings would send this stock sky high but the earning where well less then exspected so this stock yesterday had a low of .0016 and i think it will atleast re test if not break those lows and possibly head back to single digits exspecially if the company keeps giving bull s h i t PR just to try and get the pps up with in turns actuallu hurts invester confidence and makes people sell fast get out befour the 20's are gone imo and if you dont well dont say i dident warn you unlike some people even after i sell the stock i still watch it to try and give some other newer people the heads up on whats going on i wish some one did that for me when i got started well i learned the hard way ... best of luck to every one and kevin im sorry for you if one of my next stock picks takes off ill meet you in nyc for a drink ... good luck guys and gals
Posted by flanders on :
what happend to the last minute, are we in green??????????
Posted by ed19363 on :
quote:Originally posted by $Keith$: alright ED19363...we have heard your 10 year old opinion a couple times now...go bash another thread!!!
I will post anywhere and anything I please, since I am a stockholder in this company. If you have a problem with that, don't read them.
Posted by vwcruisn on :
what the... what is the correct closing price? scottrade is showing .0014... i knew i should have got out today. im at a 60 % loss OUCH
Posted by firefighterswct on :
.0025 closing price but .0014 is not to far in the future ....
A private message was sent to me advising me of this i wont post who sent it to me incase he dossent want his name posted but all of you should know
FYI: as of today the transfer agent has been gagged at the request of the company, questions reguarding share count ( O/S ) must be made to the company. PM`d this today around 2 pm, no one will post it, cant blame them!
I asked him to explain wht this all means for anyone who dossent understand and i got this response
it means the company does not want the transfer agent to tell investors how many shares are issued and outstanding, you need to call the company to find out, they need to contact the T/A daily to keep up to date, basicaly they can give you the run around or be vague or even say they dont know! gagging the transfer agent is almost ALWAYS bad news for investors, they can flood the market or raise authorized shares without investors knowing
BE VERY CAREFULL THIS IS TURNING INTO A SCAM
Posted by ed19363 on :
.0025 is correct. And I got the same message.
Posted by dingbat on :
glad I took a small hit and got out early on
Posted by vwcruisn on :
damn i wish i woulda known earlier.. hope i can dump it on monday :\
Posted by sonic0boom on :
Not to say your secret source is right or wrong, but why is this being sent around via private message? How about hearing the whole thing along with the number to the transfer agent? After that, I think a follow-up call to GRYF IR would be in order to confirm.
Posted by firefighterswct on :
when i asked where he got huis info this is what he sent me idk do your own dd heres the number when i tried it was tolate to call
called the transfer agent today at around 1:45-- T/A # 801 466 3355, might be to late to call today, but please try!
Posted by peyton976 on :
ive been reading posts and different threads on gryf the last week. for the newcomers who just popped in, go back and read all the threads on gryf and you will see the people who have nothing but positive things to say about the company, then, the price stalls, they sell then they have nothing but negative things to say about the company until they can buy cheap again.
I called the company yesterday (415 738 6950) i asked him some general questions like why the share price was so low and some of the things ive been reading here. he said the share price is way undervalued, i told him someone on this board, after he sold, said he did the math and came up with something like .0016 for fair value price. he started laughing and said thats complete bull****. i asked him what the actuall number of cars where sold this year compared to last year and for the quarters. he said a pr would be released something this week on the numbers. he said they hired one of the top 3 auditors to audit numbers to get listed on the otcbb which in his opinion will mean a better share price. i asked him about the shares outstanding, he told me to call the transfer agent to get exact amount (801 466 3355) he told me that they are concered about shareholder value and are trying there hardest to please the shareholders. in closing, he said, go find a pinksheet company thats profitable, how many pinksheet companys are losing money and the shareprice is pennys, he named another car dealership that was 10 cents and was losing money, i dont remember the name.
so thats what i know. i would advise you to call the company and speak to investor relations and read the past posts and threads to who has the agendas. ive seen some names here on shakerz and moverz pumping this stock waiting for a small jump.
Posted by explorer186 on :
I'm a shareholder of this company and bought @ 0.0069. I sold at a loss, and bought lower. Now that is out of the way, this is my honest opinion: Because most people buy this stock to make a quick buck, the MM's will short her to death, and then they will cover by taking her down and creating a panic sell off. Monday the MM's will make a he11 of a lot of money, and we shareholders will lose proportionate to their gain. If people Monday don't buy or sell we will do okay; otherwise, the existing shareholders are in big dudy. It’s a shame, but this company just doesn’t have a loyal base of shareholders to discourage the MM’s from shorting. The MM’s don’t give a hoot of what the proper value of a company should be; they just want to make as much $$$ as they can. There is a lot of undervalued companies out there, and the only way they gain their proper value is if they are able to attract enough shareholders who will be dedicated to their stock. Next Monday don’t buy or sell GRYF.
Posted by jakeo on :
They'll be another PR release in the next few dayz Might bump the price, noting as how alot of people got out to make room for buys
Posted by Bachstocks1 on :
It's Gonna be a Great Day Today (i hope).. We will end the day at .004 with a climb to .0045, (i think)
What are every ones thoughts? How is it stacking up this morning? Good Luck All>
Posted by Mack on :
July 25, 2005
KAMLOOPS, British Columbia, Jul 25, 2005 (BUSINESS WIRE) --
Greyfield Capital, Inc. (Pink Sheets:GRYF) has sold franchising rights in Canada to Slateco International Group. The terms of the transaction are as follows:
1 Greyfield receives 200,000,000 shares of stock in Slateco with anti dilution rights 2 Greyfield receives $33,000 for each franchise automobile dealership in population centers with 50,000-99,999 people, $66,000 for each with 100,000-199,999 people and $99,000 for each franchise in population centers with 200,000+ people 3 Greyfield receives 3.57% of gross sales for each franchise dealership 4 Greyfield has right of first refusal for all automobile and consumer financing for each franchise dealership 5 Greyfield maintains database of all customer names, addresses and telephone numbers 6 Greyfield will provide accounting/billing software, sales support and technical assistance 7 If Slateco does not franchise a minimum of 5 dealerships per year, Greyfield shall have the right to dissolve the partnership and resell franchising rights to another company and shall keep the 200,000,000 shares of stock. Greyfield shall continue to open its own dealerships throughout Canada and eventually the United States. Slateco International shall be responsible for managing the franchising part of the business in Canada only.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
The company is located in Western Canada not Central Canada. Website will not be active during redesign.
Greyfield Capital is quoted on NQB Pink sheets as "GRYF."
About Greyfield Capital
Canadian Autorama is a profitable, fast growing automobile dealership in Canada.
Posted by explorer186 on :
Today's news was unexpected and might attract a lot of long-term shareholders. My previous predictions are off.
Posted by flanders on :
waiting for invertori numbers
Posted by $Keith$ on :
interesting PR...
Posted by Bachstocks1 on :
Has yet to really react... So from reading friday's PR, are we still due another one possibly today?
Posted by Bachstocks1 on :
Where is everyone, geeeez
Posted by Durple on :
So what I see we just got 4 mil dollars worth of stock. 165,000 a year minimum for franchise. and 3.57% of all sales which, let's say $500,000 a year in sales per dealership would be $17,850 x 5= $89,250 which would double every year. SO 2nd year would be $178,500 and 3rd year $357,000 and 4th year $714,000 and so on. I would say these numbers are pretty conservative, but I have never worked in the car business so I could be wrong. This isn't counting the $100,000+ a month they are currently doing if they keep those numbers plus they will still be opening their own it said. In my opinion if they went to the otcbb it would be great it would show us they are serious and not just screwing with us like other companies that are just saying they are going. I would be suprised if we have a very steady climb till audit is finshed and we find out whether or not they are still on track to go to otcbb. This is my opinion do your own DD. Also I do own this stock.
Posted by Durple on :
"I would be suprised" should be I wouldn't be surprised
Posted by Vlad4 on :
slow morning.. even with PR.
Posted by Durple on :
I noticed their website is parked now looks like they are doing some renovations to it which was much needed. Guys keep an eye on this stock, especially if the audit numbers are good and they go to otcbb this could be very good for us all.
Posted by George on :
Tried to call the IR and the transfer agent. No answers so I left messages.
Posted by Kevin from NYC on :
I'm still here, with all my shares
I think/hope/pray this will all work out nice in the end.
Kev
Posted by $Keith$ on :
I agree Kev....
Posted by pensandoenti67 on :
nwpo !!!!!!!!!!1
Posted by Durple on :
nwpo no good. will continue dropping like a rock P.S. this is the gryf thread
Posted by vctclemen on :
hope there is some movement today on gryf
Posted by Vlad4 on :
Good morning guys and gals, whats the outlook for this morning looks like?
Posted by Bachstocks1 on :
Well, Volume is at ZERO...Seems to be little interest. The regulars have all but abandoned the board, so I'm not sure....I think by pure chart analysis, its ready for a small bounce maybe to .004, just not sure when that will happen. Any ideas people?
Posted by ed19363 on :
IMO, depends on future news. It aint dead, but has a way to go. Appears they are setting up an income stream by using franchises. Not a bad idea, but PPS movement will take a while. Next couple financial reports will tell the story. Company reminds me of CARS years ago. Was a penny stock, look at it now.
Posted by Bachstocks1 on :
Is anyone else follwing developments
Posted by fishfarmer on :
Are we bottomed now guys? I got out at .0065. Want back in when it bottoms!!!!!
Posted by Bachstocks1 on :
JMoove, Net, you guys out there....Opinions? Hello
Posted by Darkhawk on :
Hi! I'm new to all this and I've been very interested by GRYF. People seems to think the chart looks pretty solid. Can you tell me then why it is going down?
Posted by George on :
It is headed to it's true value of .0016 like I said earlier. Until they show an increase over last year in revenue then it has to be calculated off last years numbers. I do not care what they told peyton976. I too have tried to call the T/A and the company to verify the O/S. I have had to leave messages at both.
Posted by flanders on :
Traders Nation just mentioned CYBL ...if we break .11 they say we run
down over 50 percent in this stock.. but ill hold my 500k shares, no point in selling now, were def. near the bottome. only going up from here.
Posted by fishfarmer on :
Im in at .0018. Lets sell some cars!!!!!!!
Posted by Brustkern on :
I am holding on to free shares at this point. Will wait until the audit and more info comes out in August.
Posted by Kevin from NYC on :
I'm out.
Traded to get ICMH shares, FoT's new pick. I feel better about getting in for round one.
Good luck all.
Posted by $Keith$ on :
kev you must of took a killing on getting out...OUCH...
Posted by explorer186 on :
I'm holding too. I think there is a very good possibility to see a penny over time. Lots of shareholders should be holding as well, so I guess there is a lot of support. Volume today was low. I suspect impatient shareholders got out today.
Posted by peyton976 on :
i to am holding and added more today, got order filled at 3:59:57 at .oo18
Posted by vwcruisn on :
down 50% with a half million shares. I will definetely hold. This company could get big over time. I think we need to have some patience with this one... its going to pay off.
Posted by superbroke on :
I am also holding...I'm in at .0036 250,000 shares
Posted by $Keith$ on :
I am still holding too...in at .0048
Posted by George on :
sometimes you have to take a loss to cut your loss. It does no good to stay with something that is going down. It is better to move it to one that is going up and make money back. that is what it is about. We all take losses, it is just when do you cut them off.
Posted by bbygyrl123 on :
I am holding as well, I guess you can call it a gut instinct. GLTA!!
Posted by jakeo on :
Late august GRYF will be trading around the .004-.005 range on speculation of the audit and the OTCCBB listing; might be a good play even without news just on speculation.
I plan to buy back sometime around there, maybe pick up some shares for .001 like I did in the begining of June.
No point in having your money go down even more when there are plenty of other picks out there that can make you money between then...
Posted by vctclemen on :
does anyone know whats up with gryf suspended????
Posted by sonic0boom on :
well good luck to you who are still in this pretty deep:
glad I got out yesterday !
Posted by firefighterswct on :
I told everyone to get out while it was in the 22-26 range but you dident listen i knew something was up with this company when i was calling them and i kept getting bull **** answers to my questions well maybe next time you guys will listen good luck to anyone holding on to stock in this
Posted by peyton976 on :
this could be a two way street. obviously the sec was getting complaints from shareholders. does this suspension mean, the sec is going to investigate the company, the prs and etc and then release its findings and then resume trading on aug 9. this could be very bad news or a once in a lifetime shot in the arm at a high pps. if sec finds everything was like the company says it could make gryf go up nice. but, this could also be gloom and doom. lets hope for the best.
Posted by madmoney on :
read the sec filing: copy and paste the link---http://www.sec.gov/litigation/suspensions/34-52127.pdf--- , everthing i posted about this company seems to be true. it was just a matter of time before the SEC stepped in. i gave you the facts but i was bashed off the board!.pumpers dont do DD they just hype the stock!. see! they never give up! i have pages of DD that indicate this was a scam. and all i used was my coputer, imagine what the SEC has!. how much more proof do you need! you have been had! except it! NO GOOD CAN COME FROM THIS!! ---- peyton976 you have a pm.
Posted by $Keith$ on :
I really would like to think that FOT would not pick a company that is a scam!!! But if so that's FUC#ED UP! Whatever...I don't have enough money in this to really care!!!
Gotta ride it out...
U.S. SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 RELEASE NO. 52127 / July 27, 2005 The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading of the securities of Greyfield Capital, Inc. (“GRYF”) a Nevada corporation that trades on the Over-the-Counter market under the trading symbol GRYF, at 9:30 a.m. EDT on July 27, 2005, and terminating at 11:59 p.m. EDT on August 9, 2005. The Commission temporarily suspended trading in the securities of GRYF because it appears to the Commission that there is a lack of current and accurate information concerning the securities of GRYF because of questions as to whether the company was validly reorganized as an Oregon company and the identity of its current officers and directors, whether there have been inaccurate statements about what line of business it is in, whether its recent issuance of shares was validly authorized, and whether there are exaggerations concerning the magnitude of the company’s operations in recent press releases. The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company. Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has questions as to whether or not he or she has complied with the rule, he or she should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he or she should refrain from entering quotations relating to GRYF’s securities until such time as he or she has familiarized himself or herself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action. If any broker, dealer or other person has any information that may relate to this matter, they should immediately communicate it to C. Joshua Felker, Assistant Director, Division of Enforcement at the Securities and Exchange Commission. He can be reached at (202) 551-4960, or by e-mail at FelkerC@SEC.GOV.
Posted by Kevin from NYC on :
quote:Originally posted by $Keith$: I really would like to think that FOT would not pick a company that is a scam!!! But if so that's FUC#ED UP! Whatever...I don't have enough money in this to really care!!!
I ride it out...
He picked a stock that made money for people that listened to him. I lost about $12,000 on this one because I didn't listen to him. His exit pps was .0013 or .0016. Anyone that listened to him made money. They got in @ .0005 or .0006, and got out around .0013 - .0020.
I bought in at .0069, which was a $12,000 mistake.
FoT has great picks, including GRYF! I have made money every time I listened to him so far. I didn't listen this time, and I lost because of it.
I got in FoT’s new pick, ICMH, yesterday with my GRYF money. If he says get out, I’m out this time. His call on GRYF was .0013, his call for ICMH is .01 - .05. It was up yesterday, and is today.
Good luck all.
Posted by Durple on :
Wow this is great news. I put my sell order in today for .18 ( eighteen cents ) for a million shares I'll let you know if it goes through. GLTA
Posted by $Keith$ on :
So who is left Holding????
[ July 27, 2005, 11:19: Message edited by: $Keith$ ]
Posted by Kevin from NYC on :
quote:Originally posted by Durple: Wow this is great news. I put my sell order in today for .18 ( eighteen cents ) for a million shares I'll let you know if it goes through. GLTA
.18? in what stock?
Posted by Brustkern on :
80K shares leftover after I took profit on my other 580K shares.
Left them as a small gamble for the audit information.
Posted by jakeo on :
YEEEEOUCH!!! Didnt see that coming- How much you got in this Durple?
Posted by Durple on :
1 million shares. I'm being a little optimistic if you didn't notice but hell only got 2k in it, so hopefully they pull out of this strong.
Posted by $Keith$ on :
I am with you Durple...lets hope for the best here!!!
Posted by reidler88 on :
why does gryf say .0000
Posted by madmoney on :
the SEC has suspended trading until aug 9th while they investigate this scam! keep up!
Posted by ed19363 on :
This is NOT good news, and there is no way it can be construed to BE good news. If there is paperwork out of order, this stock is dead, and it will never come back. Ball is in the company's court. If they do nothing, it's gone.
Posted by Bowes on :
What scam was there?
Posted by explorer186 on :
Well look at it this way: if the SEC finds its a real company, we can use that fact to our benefit since most companies are said to be fake.
Posted by madmoney on :
the SEC statement pretty mutch spells it out, company pr`s may have contained materialy false or missleading information, that the companys assertions about itself and the type of buisness they are in may have been exagerated, that the company may have engaged in the unauthorized trasfer of shares. the SEC does not suspend trading without clear evidence of wrongdoing, my DD indicates the company is a fraud, and that they may have ingaged in stock manipulation witch is securities fraud. i beleive the SEC will reach a similar conclusion.
Posted by firefighterswct on :
I agree with you 100% madmoney
Posted by Bowes on :
what does that do for its stockholders?
Posted by JIF on :
What????!!!!!! So sorry for coming into today's conversation late. What the hell happened!!!!????
Posted by KennyT on :
Madmoney? Since you seem to work for the SEC and have all the answers, How does a company that is a fraud, engage and pay for KPMG to do an internal audit on non existant assets? The cost alone of retaining KPMG would be prohibitive. I would also think that after three weeks of auditing a company of KPMGs stature would have already visited the actual locations and realized that the dealerships did not exist. But you have all the answers, we're just morons who bought a fraud company, right?
Posted by $Keith$ on :
Well Said KennyT....
Posted by madmoney on :
if i had a couple grand i could hire kpmg to audit my tag sale! kpmg relies on info provided by the company, i seriously doubt they visit every small buisness that they audit, all DD INDICATES they LIED OR GREATLY EXAGERATED ALL THIER CLAIMS. the new partnership they recently talked about to franchise thier buisness appears to be an empty shell. that stock does not appear to have traded ANY shares in months, you would not no this since you do NO dd! and calling IR is not dd. the web site listed a number to call to view thier showcase of fine automobiles in canada, that number on the web site rings in sanfransisco california! there is mutch more and i would have been glad to share the FACTS with you all but i was called a basher and asked to leave. do your OWN DD if you know how! everything i found is available for all to see IF they bother to look! P.S no you are not morons you just swallowed the hype and jumped in with both feet it happens to all of us! sometimes it works out. ( edited by madmoney )
Posted by Darkhawk on :
I have a million shares @ an average of 0.003125 man, this is costly. Is there any hope?
Posted by ed19363 on :
After you are in penny stocks for a while, you will see that 99% of the pinkies are scams. Mostly pump and dump schemes that make somebody a lot of money and leave the shareholders holding an empty bag. Good reason to stay away from pinkies unless you're feeling really lucky. Your chances are about the same as hitting your state's lottery. In addition to the above, market makers, hedge funds, and the DTCC control most if not all of the pinkies. The deck is stacked against you as soon as you put your money in.
Posted by jakeo on :
There is hope if the SEC finds that this is a real company and they're numbers arent exaggerated, it could come out looking really good and help gain investor faith.
HOWEVER. If they lied in their PRs and exaggerated the numbers they are dead in the water.
Posted by ed19363 on :
quote:Originally posted by Darkhawk: I have a million shares @ an average of 0.003125 man, this is costly. Is there any hope?
Very little. It's up to the company to prove to the SEC that they are not a scam now. If they cant, your money is gone.
Posted by explorer186 on :
Let the SEC do its job and stop jumping into conclusions. A lot of people have lots counting on this company, and its not the time to hear your pessimistic theories. Thanks for your advice, but I find it peculiar and repulsive that those who are against the pinkies are posting on a pinks MB.
Posted by jakeo on :
quote:Originally posted by explorer186: Let the SEC do its job and stop jumping into conclusions. A lot of people have lots counting on this company, and its not the time to hear your pessimistic theories. Thanks for your advice, but I find it peculiar and repulsive that those who are against the pinkies are posting on a pinks MB.
Wasn't trying to be pesimistic, just stating what I though, I want this stock to work out for everyone as well! Hopefully it'll be back up on the 9th and we can pick up shares low and sell em high @ the end of August.
Posted by flanders on :
Greyfield Capital Inc. Dennis Hewins 419-593-4123 info@theautorama.com
Posted by madmoney on :
i dont agree with ed19363 who thinks 99% of pinks are scams. i believe the majority of pinks are made up of small buisness owners with a real desire to succeed, many are manipulated to death by MMs and foriegn exchanges who naked short them out of existance, foriegn exchange traders are not bound by U.S trading rules and that needs to change. the DTC is killing small stocks by failing to regulate the trading of company stocks on the otc/pinksheets market.
Posted by flanders on :
I have send a mail, i hope they answer it
Posted by Darkhawk on :
Well, I guess it's learning the tough way. I'm really new to stock market and wanted to have my money go a little farther than it does at the bank. My first picks were companies I know... Nortel, Lucent and Bombardier. So far, so good. Then I lost some money to a videogame company in Toronto... I guess I thought I could make easy money. Pikced GRYF caused everybody agreed it was great stock to have. I got caught for what I am, a newbie. I should stick to solid companies I know...
Posted by George on :
I just saw the news. It was expected. It goes back to where I was saying that it is a used car lot in Canada that sells 8-10 cars in three months. I mean come on they tried to tell everyone they were in central canada..Not they are in BC...It was not hard to figure this one out guys. Madmoney and I both tried to not bash but laid out facts and we both got beat up for being bashers. Go back and read the tread. DO DD before you buy. We said it was a pump and dump the first run and it was over. The company then started releasing BS PR's to try and support to run. It did not work as most of you know. Bottom line is if someone presents facts then why beat them up and call them bashers. I jumped in on this one and made some money on the run. I then reported the actual numbers and everyone said BS. Oh well... I guess this explains why they have not returned my calls all week or answered the phone.
Posted by George on :
I think canadian stocks are half the problem..Look at MSITF, GRYF, CCDGF, CMKX, EEIFF, HEGCF, LCANF, I could go on...but most do not have news, no numbers avaliable, they are shells sucking off us.
Posted by flanders on :
New management of Greyfield is committed to having an open relationship with all of its shareholders.
The company is located in Western Canada not Central Canada. Website will not be active during redesign.
Hmmmmmmm
Posted by fast50gt on :
Face it, their bogus. I'm not bashing, I lost a good amount of money here as well.
hi flanders, yup, me from rb gryf message board. the one you copied my post word for word and posted here. I'd appreciate it if you wouldn't do that again. Thanks in advance.
Posted by flanders on :
ok np
Posted by fast50gt on :
ty flanders.
also, i think i remember seeing you on teh plni board here at allstocks. you check the rb one for plni? rb is down right now but once it's back online, check it out. good stuff there.
Posted by Kevin from NYC on :
quote:Originally posted by KennyT: Madmoney? Since you seem to work for the SEC and have all the answers, How does a company that is a fraud, engage and pay for KPMG to do an internal audit on non existant assets? The cost alone of retaining KPMG would be prohibitive. I would also think that after three weeks of auditing a company of KPMGs stature would have already visited the actual locations and realized that the dealerships did not exist. But you have all the answers, we're just morons who bought a fraud company, right?
I could hire KPMG to balance my checkbook if I wanted to. The $12,000 they got from me alone helped pay for it. Anyone can hire KPMG, it doesn’t mean anything.
Posted by flanders on :
srr fast i dont think so you saw me at plni board, i dont own plni shares, but i will take look thx for the info
Posted by KennyT on :
Yes Kevin you could, but you would have to have a checkbook and money in the bank.
Posted by fast50gt on :
flanders,
sorry, my bad. currently down. audit pr expected next week from several rumors floating around. anyways, do your own dd and glta!
Posted by madmoney on :
re-posted by madmoney:------------if i had a couple grand i could hire kpmg to audit my tag sale! kpmg relies on info provided by the company, i seriously doubt they visit every small buisness that they audit, all DD INDICATES they LIED OR GREATLY EXAGERATED ALL THIER CLAIMS. the new partnership they recently talked about to franchise thier buisness appears to be an empty shell. that stock does not appear to have traded ANY shares in months, you would not no this since you do NO dd! and calling IR is not dd. the web site listed a number to call to view thier showcase of fine automobiles in canada, that number on the web site rings in sanfransisco california! there is mutch more and i would have been glad to share the FACTS with you all but i was called a basher and asked to leave. do your OWN DD if you know how! everything i found is available for all to see IF they bother to look! P.S no you are not morons you just swallowed the hype and jumped in with both feet it happens to all of us! sometimes it works out. ( edited by madmoney )
Posted by Kevin from NYC on :
quote:Originally posted by KennyT: Yes Kevin you could, but you would have to have a checkbook and money in the bank.
Well I didn't lose all my money in this and I still have a few checks in my checkbook.
I know what you mean though. All I'm saying is even a scam (not saying it is a scam) can pay for KPMG. Many scams have a lot of money (like mine).
I hope it isn't a scam, and I hope it works out for everyone (everyone but me).
Good luck. I wish there was something I could do to help those left in this... I hate when bad things happen to good people...
The book isn't closed yet though... There is still hope.
Posted by KennyT on :
TO say it means nothing to hire KPMG to audit your books is the same as saying forensic accountants are a waste of time. No accountant worth his degree is going to be fooled by cooked books. That is his job!! A company like KPMG doesn't get to be in the top three by auditing fraudulent companies and not catching the fraud. If the company is a fraud it will be found in the audit.
USGA was suspended. It's back on the market again. GRYF may be a scam but KPMG isn't. Wait for their findings.
Posted by firefighterswct on :
for all we know with this company that whole kpmg audit PR can also be BS we dont know the company so far have been full of lies so who knows wha tto beleave
Posted by sonic0boom on :
does anyone know if being suspended by the SEC means a company can't release PR's? GRYF has been releasing plenty of PR's lately, so why not one that says they hope to have this resolved ASAP and thanks for your support, etc, etc.
Posted by madmoney on :
KennyT you are right, kpmg is a top notch firm, did you ever think that maybe KPMG alerted the SEC to this company to cover themsevles against any future liablity, what if what they found leagaly obligated them to notify the SEC!. only speculation on my part but you asked for it.
Posted by Kevin from NYC on :
quote:Originally posted by KennyT: TO say it means nothing to hire KPMG to audit your books is the same as saying forensic accountants are a waste of time. No accountant worth his degree is going to be fooled by cooked books. That is his job!! A company like KPMG doesn't get to be in the top three by auditing fraudulent companies and not catching the fraud. If the company is a fraud it will be found in the audit.
USGA was suspended. It's back on the market again. GRYF may be a scam but KPMG isn't. Wait for their findings.
I agree.
KPMG will find out what is going on, if they are paid, and complete the job.
Posted by George on :
what if KPMG has never heard of GRYF? Someone said here that they called KPMG to verify.
Posted by KennyT on :
Madmoney, if GRYFs top management is stupid enough to hire KPMG to audit them when they are full of crap and KPMG reported them to the SEC then they deserve whatever happens to them and we the stockholders can chalk it up to the price of investing in pinks. If they have a modicum of intelligence they would've already run with the money and not try to move to the OTCBB with the release of audit findings. JMO.
Posted by Kevin from NYC on :
quote:Originally posted by KennyT: Madmoney, if GRYFs top management is stupid enough to hire KPMG to audit them when they are full of crap and KPMG reported them to the SEC then they deserve whatever happens to them and we the stockholders can chalk it up to the price of investing in pinks. If they have a modicum of intelligence they would've already run with the money and not try to move to the OTCBB with the release of audit findings. JMO.
That might have been the plan, run before KPMG finds anything, maybe not even pay them, so they never finish...
Posted by peyton976 on :
im working today so i cant try calling, but has anyone tried calling the company today. Im sure you will get no answer, but its worth a try. I added shares 3 seconds before the close yesterday. The only thing we can do is wait for some results, hopefully the sec will keep us posted or the company can release something.
Posted by $Keith$ on :
quote:Originally posted by George: what if KPMG has never heard of GRYF? Someone said here that they called KPMG to verify.
Somebody on this board called KPMG and verified that GRYF was being audited by them, but who knows if they were kacking out there A$$...
Posted by madmoney on :
GREED is a powerful thing! makes people bold and stupid!. as for running with the money, maybe they have. i have posted facts, speculation and negative opinions about this situation but the trueth is i could be wrong. the fact is an SEC suspention is not good. only time will reveal the trueth. beleive it or not i DO hope the investors do not get burned in this, maybe it will work out but at the moment is does not look good.
Posted by Kevin from NYC on :
quote:Originally posted by $Keith$:
quote:Originally posted by George: what if KPMG has never heard of GRYF? Someone said here that they called KPMG to verify.
Somebody on this board called KPMG and verified that GRYF was being audited by them, but who knows if they were kacking out there A$$...
No. GRYF is not being audited by KPMG, that was confirmed by their own PR.
A subsidiary of GRYF is. It is not the same thing. KPMG will say that the one car lot did or did not sell 8 cars more this year than last year last month(I’m over summarizing to make a point). That is about all they can say. Nothing about shares whatsoever is even on the table. Re-read the PR.
I called KPMG in Canada myself when I was down $10,000 in this stock.
I wish there was good news, but we can not make something out of nothing. We can not give more meaning to something when there isn’t meaning there to give.
What I said in this post is not new, if you look back at the posts following the PR about KPMG, and review the revised PR, you will find the same info.
Posted by Durple on :
Well on another board a guy says he called and that they are working on it. So who knows.
Posted by Kevin from NYC on :
quote:Originally posted by madmoney: GREED is a powerful thing! makes people bold and stupid!. as for running with the money, maybe they have. i have posted facts, speculation and negative opinions about this situation but the trueth is i could be wrong. the fact is an SEC suspention is not good. only time will reveal the trueth. beleive it or not i DO hope the investors do not get burned in this, maybe it will work out but at the moment is does not look good.
I would be very happy if it all worked out. I don't want anyone to lose money like I have...
I'm all about hope.
I'm out of this stock, and soon I won’t read this thread. Right now I do want to see what happens, so I can learn from this. The more I can learn the more I get for my $12,000. That is all I can walk away with at this point.
I’m mostly still posting here because so many of you were so supportive when this was tanking after my big buy-in. I want to return the support, and offer any info I may have.
Good luck to all. I hope we all end up in a winner one day and get to party somewhere cool.
Posted by Darkhawk on :
Thanks Kevin, any support is appreciated. I'm usually an optimistic, but that doesn't smell really good. I bought 4k of this stock and sure would like to see a good ending. But I guess many of us are learning the hard way.
...maybe if we all pray really hard...
Posted by ed19363 on :
4K??? I got 500K !!!! Boy, is my butt sore right now !!
Posted by explorer186 on :
Rumor has it that it was the PR's that got the SEC involved, and I believe that is accurate; the company has missed dates that it said it would be releasing PR's twice now.
Posted by jakeo on :
quote:Originally posted by ed19363: 4K??? I got 500K !!!! Boy, is my butt sore right now !!
Ed i think he was talking about 4,000 bucks worth.
Posted by Darkhawk on :
I meant 4000$ of course... :-(
Posted by blueranger on :
this is the second time for me.... I was in tfcy when they suspended trading on it....
yes, they can still issue pr's usually the company says things like (we requested trading suspension so we could resolve xxx) they will try to cover.... and the last time i went trough this it lasted 2 weeks.... so i would suspect trading will resume in a few weeks... and what happens is that she will fall to .0001 and you will put your sell in and it will sell in a few weeks... and this time next year things will be back to normal...
i really hate it when this happens....
Posted by Kevin from NYC on :
I wont rule out buying some at .0001 if that is what happens... we'll see..
Posted by explorer186 on :
LOL 0.0001! Are you kidding. I don't think 0.0001 would last long considering we only have 500 mil O/S. 500 mil @ 0.0001 is only $50K!
Posted by bbygyrl123 on :
Since the whole Enron scandal I would think that a firm like KPMG would be very thorough in covering its butt, making sure its name is not involved in questionable activities. Just a thought.
Posted by blueranger on :
a friend of mine who was also in this just told me its suspended till aug 8....
so then what happens is everyone wants to jump out but there will be no buyers....
if you want to see how this works go to stockcharts dot com and pull a yearly chart on tfcy....
my experience is that you just leave this in the back of your account and forget you have it... look at it again next summer.
Posted by Kevin from NYC on :
quote:Originally posted by explorer186: LOL 0.0001! Are you kidding. I don't think 0.0001 would last long considering we only have 500 mil O/S. 500 mil @ 0.0001 is only $50K!
You are right, wouldn't last long...
I better get my order in asap, if i'm going to do it...
I prob won't though... we'll see what happens.
Posted by Kevin from NYC on :
quote:Originally posted by bbygyrl123: Since the whole Enron scandal I would think that a firm like KPMG would be very thorough in covering its butt, making sure its name is not involved in questionable activities. Just a thought.
They are not a partner in GRYF. Is a cop bad because they figure out when someone did a crime?
Posted by Kevin from NYC on :
quote:Originally posted by bbygyrl123: Since the whole Enron scandal I would think that a firm like KPMG would be very thorough in covering its butt, making sure its name is not involved in questionable activities. Just a thought.
Just wanted to add...
It was a good thought.
I know we are looking for anything that will make it ok...
Posted by flanders on :
http://www.theautorama.com/ the website is coming soon. yesterday it was another site, this give me hope
Posted by $Keith$ on :
Press Release Source: Greyfield Capital, Inc.
Greyfield Responds with Full Disclosure and Reports Inventory Numbers Thursday July 28, 7:30 am ET
KAMLOOPS, British Columbia--(BUSINESS WIRE)--July 28, 2005--Greyfield Capital, Inc (Pink Sheets:GRYF - News) has responded with full disclosure documentation. The document is available on www.theautorama.com/greyfield disclosure.pdf The document consists of 45 pages and will take a few minutes to download. This documentation includes the agreement for the acquisition of the Autorama and information on current management of the company.
Under "Autorama Stats" information is made available for the retail value of the inventory, along with revenue and profit numbers since 2003 for its Canadian subsidiary. In addition, the numbers used to calculate the percentage increase in sales and profit for the press release issued on Friday, June 22nd, 2005 have also been made available.
Investors may call (250) 320-8891 for current company information.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
Greyfield Capital is quoted on NQB Pink sheets as "GRYF."
About Greyfield Capital
Canadian Autorama is a profitable, fast growing automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced strong growth.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
-------------------------------------------------------------------------------- Contact: Greyfield Capital, Inc. Ms. MacDdougall, 250-320-8891
-------------------------------------------------------------------------------- Source: Greyfield Capital, Inc.
Posted by George on :
ONLY 74 share holders?????? There seems to be that many on this thread alone....And I just started reading the full disclosure
Posted by George on :
Ms O'Bell has 5 years of experience in management of public companies....WOW I have 25 and can not get a CEO job.
Posted by George on :
Here is a biggie...company has not identified a auditor or accountant. KPMG???
Posted by George on :
There are 6 employees. $4,000 in the bank and a car lot full of 1990's cars...where is the stuff they talk about in their PR's...where are the premium cars???? "Canadian Autorama is a highly profitable, fast growing premium automobile dealership in Canada"
Posted by Kevin from NYC on :
quote:Originally posted by $Keith$: Press Release Source: Greyfield Capital, Inc.
Greyfield Responds with Full Disclosure and Reports Inventory Numbers Thursday July 28, 7:30 am ET
KAMLOOPS, British Columbia--(BUSINESS WIRE)--July 28, 2005--Greyfield Capital, Inc (Pink Sheets:GRYF - News) has responded with full disclosure documentation. The document is available on www.theautorama.com/greyfield disclosure.pdf The document consists of 45 pages and will take a few minutes to download. This documentation includes the agreement for the acquisition of the Autorama and information on current management of the company.
Under "Autorama Stats" information is made available for the retail value of the inventory, along with revenue and profit numbers since 2003 for its Canadian subsidiary. In addition, the numbers used to calculate the percentage increase in sales and profit for the press release issued on Friday, June 22nd, 2005 have also been made available.
Investors may call (250) 320-8891 for current company information.
New management of Greyfield is committed to having an open relationship with all of its shareholders.
Greyfield Capital is quoted on NQB Pink sheets as "GRYF."
About Greyfield Capital
Canadian Autorama is a profitable, fast growing automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced strong growth.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
-------------------------------------------------------------------------------- Contact: Greyfield Capital, Inc. Ms. MacDdougall, 250-320-8891
-------------------------------------------------------------------------------- Source: Greyfield Capital, Inc.
I can not get to the PDF... is the link correct?
Posted by George on :
Look at the last page of the disclosure...it show they gross about 50-60k a month...that is 4 or 5 cars......
So the large increase in rev and profit are based on 2004 and 2005 numbers..in 2004 they were selling 1 car a month.
SCAM.......
Posted by Kevin from NYC on :
quote:Originally posted by George: There are 6 employees. $4,000 in the bank and a car lot full of 1990's cars...where is the stuff they talk about in their PR's...where are the premium cars???? "Canadian Autorama is a highly profitable, fast growing premium automobile dealership in Canada"
They said premium dealership, not premium cars. Try to avoid a negitive bias.
It might suck, but stick with facts and let everyone think it through.
Is there anything in there about what they did with my $12,000 ??
I hope that is in the bank too ...
Posted by George on :
Kevin there is a space between greyfield disclosure.pdf
be sure to copy the disclosure.pdf also.
Posted by George on :
The dollars traded the last few weeks would of bought 1,000's of these dealerships.
Posted by Kevin from NYC on :
quote:Originally posted by George: Kevin there is a space between greyfield disclosure.pdf
be sure to copy the disclosure.pdf also.
Thanks.
Man, they worked fast... This was created 7/27/2005 at 2:54 PM
Posted by George on :
quote:Originally posted by Kevin from NYC:
quote:Originally posted by George: There are 6 employees. $4,000 in the bank and a car lot full of 1990's cars...where is the stuff they talk about in their PR's...where are the premium cars???? "Canadian Autorama is a highly profitable, fast growing premium automobile dealership in Canada"
They said premium dealership, not premium cars. Try to avoid a negitive bias.
It might suck, but stick with facts and let everyone think it through.
Is there anything in there about what they did with my $12,000 ??
I hope that is in the bank too ...
You are right but i think the image they tried to paint is that they sell really nice cars....
Posted by George on :
They had to work fast...when you are trying to cover your A$$ you tend to do that.
Posted by Kevin from NYC on :
looks like we can do our own audit. I didn't expect this at all... This seems like a good thing to me...
Posted by Kevin from NYC on :
quote:Originally posted by George:
quote:Originally posted by Kevin from NYC:
quote:Originally posted by George: There are 6 employees. $4,000 in the bank and a car lot full of 1990's cars...where is the stuff they talk about in their PR's...where are the premium cars???? "Canadian Autorama is a highly profitable, fast growing premium automobile dealership in Canada"
They said premium dealership, not premium cars. Try to avoid a negitive bias.
It might suck, but stick with facts and let everyone think it through.
Is there anything in there about what they did with my $12,000 ??
I hope that is in the bank too ...
You are right but i think the image they tried to paint is that they sell really nice cars....
I have a 1993 Ford Taurus. It is nice...
What are you trying to say... lol
Posted by HILANDER on :
anyone know what is going on with this stock this morning. Pink Sheets is saying suspended, and there is nothing on my ameritrade command center. All that shows is the ticke symbol
Posted by Durple on :
Highlander this stock was suspended. They have already started to try to get back on. go to their website and you'll see.
Posted by ed19363 on :
I see nothing wrong with the financials. Anybody know what the SEC is looking for?
Posted by ed19363 on :
quote:Originally posted by George: Look at the last page of the disclosure...it show they gross about 50-60k a month...that is 4 or 5 cars......
So the large increase in rev and profit are based on 2004 and 2005 numbers..in 2004 they were selling 1 car a month.
SCAM.......
Not necessarily. Considering that they only sell used cars, and have been in business 2 years, they are not doing bad. It takes time to grow any business, especially a used car business. I say give them a chance to get strait with the SEC and then see where it goes. IMO, this is NOT a scam.
Posted by Durple on :
George what do you do for a living?
Posted by HILANDER on :
thanks guys, i'm gone a lot now and can't watch these like i used to
Posted by peyton976 on :
thought i would let you know, i called the company a few minutes ago (250) 320 8891. after 3 rings i had a lady answer the phone. very pleasant soft spoken lady. i told her i was surprised someone answered the phone, she said she just got in place a few minutes ago. i did not read the 45 pg document due to a downloading error on my computer, so i was just asking her general questions about the whole bit. of course she couldnt comment on the sec investigation, but like i said i asked her some general questions and talked about 15 min.
so if anyone wants to ask a question fell free to . i feel alot better after i talked to her. ill be away for a few days .
Posted by $Keith$ on :
above is the biggest waste of a paragraph I ever seen...It's like saying I talked to the company and they said some stuff and I feel better now...WTF??
Posted by madmoney on :
i dont see how they arrived at the values for mutch of thier inventory, i have been in the buisness for many years and many of the values are at best unrealistic, however they ARE listed as retail,many of the vehicles listed would SELL for mutch less than ( THIER ) retail. unless used car prices in canada are mutch higher than the U.S., and i am shure that very few investors thought thier inventory consisted of MOSTLY older used cars. i ask would you have bought this stock had you known what the inventory consisted of? i think not, it also explains thier reluctance to post inventory in thier web site, they called themselves a " premium " dealership. i do not consider these cars to be of the type wich would be offered by a premium dealership. do you?. consider what you have read, 20 billion authorized! when i first called the transfer agent i was told 750 million authorized and 528 million outstanding, what happened to the 8 million?. when was the authorized raised? why was the transfer agent gagged?. this diclosure does not appear to me to be what MOST investors thought they were buying based on the content of recent pr`s.
Posted by vwcruisn on :
at least they didnt just run off. im new to stocks, but doesnt it show something that they released all this info?
Posted by madmoney on :
release = CYA attempt. may or may not be enough. it appears to me at least the PR`s were misleading, after reading the inventory list i dont see how anyone could argue different. this is not what investors were led to beleive they were buying into.
Posted by Durple on :
they could be in canadian dollars
Posted by madmoney on :
i see NO WAY you can put a positive spin on this. is this REALY what you thought you were buying into?. now that investors see what they ACTUALY have they will be EXSTREAMLY reluctant to buy into this company.
Posted by ed19363 on :
mad, calm down and wait for the SEC. It's their job. There is no positive spin, but neither should there be a negative one until everything gets sorted out. Cant buy it or sell it anyway, so why bash it.
Posted by madmoney on :
i apologize. i simply find the facts disturbing. i guess i cant blame holders for trying to find something to keep thier hopes alive. the SEC investigation will make or break this, have to wait till aug 9th to find out. good luck to everyone still in this.
Posted by $Keith$ on :
quote:Originally posted by Durple: they could be in canadian dollars
Good Thinking, there profit and revenue numbers could be in Canadien dollars....
Posted by ed19363 on :
Regardless of the currency, they are showing a profit. Not many pinkies can say that. They have a desirable product and a market to sell it in. Give them time to work with the SEC and we'll see. Time enough to call it a scam later on.
Posted by madmoney on :
audited financials may or may not show a profit ( retained earnings ) there are exspences witch were not listed in the release. no clear indication made in the release that an audit of autorama is underway. company balance sheet is not yet complete. read closely and you will see greyfield capitol appears to have been purchased as a an empty shell for 120 thousand dollars. research will show the price of a " clean " shell can run from 250 to 450 thousand dollars. before greyfield became involved with autorama they had no buisness activity. this notice also states they may take this company private at any time. none of this looks good.
Posted by George on :
If in canadian dollars then it is worse...
Anyway picture this: Pick a used car lot in your town..there are many..you know the ones..buy here and pay here..a lot with say 25-30 cars in the 6-10k range...now walk up to Joe the owner and say "Look I think you really have a good chance of being the best premium car dealer in the country...here's 12,000 dollars to help get you started"......
There is no pretty picture here guys and that is what Madmoney and I have been trying to say for 2 weeks now. I hope you guys get some of your money back....I will not post here again for being thought of as a basher. Which I am not. I just tried to point out the facts. GLTA
Posted by $Keith$ on :
quote:Originally posted by $Keith$:
quote:Originally posted by Durple: they could be in canadian dollars
Good Thinking, there profit and revenue numbers could be in Canadien dollars....
This was a joke trying to make light of a potentially bad situation!!!
Posted by Darkhawk on :
To me, this is a "not too bad" news. I mean, it may not be good, but it's not bad either. Yesterday, I thought my money was lost, gone forever. Now, just the fact that they're releasing this ease my spirit a little...just a little. This prove they didn't just ran away with our money. It doesn't prove it's not a scam, but nothing says it is.
I'm in Montréal, so I don't know about BC market, but here, used cars dealers are growing fast in the last 3 years.
I now think of this money as lost... But "the game isn't over 'til it's over" - Yogi Berra
Posted by blueranger on :
1. this is more info then i have ever seen from any penny....
2. there inventory is 2 pages 500k in cars.... Most american lots would have a loan covering this... i did not see a loan... but i skimed it.
3. they produced there checking account which shows cash flow of 20-30k per month.... so they are a real business....
mjet, was a shell corp that traded around 70cents so gryf is a real company making money... so they deserve to be a penny stock.... these documents prove there more of a legite business then most penny stocks....
Posted by vwcruisn on :
heres to hoping for the best!
Posted by Vlad4 on :
yeah, hope is all we got now...
Posted by madmoney on :
these documents prove that investors were mislead by thier PR`s had you seen the contents of thier inventory before you invested you would have laughed your azz off and put your money somewhere else. this is not what MOST investor thought the were buying into. a used car lot with a bunch of older over priced cars. alot of wire transfers on those bank statements, procedes from stock sales? average closing balance around three grand. do you honestly find this information impressive? this is an attempt by the company to cover thier butts for the SEC. to little to late.
Posted by Durple on :
They always said they sold used cars and how do you figure those are overpriced?? If you comparing to US prices then your crazy those are Canadian prices do the exchange rate and you'll see it matches with what the cars sell for here in the US that's what I did. The bank statement is only one account how do you know they don't have more. They also own 4 million dollars in stock on another copmpany which might not be real but currently valued at 4 mil regardless. This is a small company with some problems they sell used cars and from what I understand they make more on used than they do on new. They have had great growth and if they pull through the investigation and continue growing it will not be so bad. Imagine owning 30 used car lots selling 80k a month it's not that bad. Also having 3k in your account is more than most companies can say they have NO DEBT. So that is a very good thing it's better than have 50mil in debt and 250k in your account.
Posted by madmoney on :
i dont recall the company ever stating they sold used cars, they never said what type of cars they sold, did not list it on the web site, said they were a premuim dealership. and quickly becomming the fastest growing dealership in central canada. i may be wrong. just find the pr and post it. nearly 50% of thier inventory is 10 years old or older. premium dealership? and the value of cars is based on milage and condition, and no matter what you say a 1992 honda prelude is not worth 11 grand! even if these cars all have below average miles and are in pristine condition many , many of them are still overpriced! thier own PR`s indicate they sell MAYBE a dozen in a great month and as few as 3 or 4 on average. looking at what they have to offer i am not surprized. two dealerships, 63 cars half at least 10 years old. thier lofty and misleading pr`s have put them in a hole they will find it hard to climb out of.
Posted by George on :
Durple - you are making it hard for me to stay out of this like I said I would...It is a "Joe Blow" used car lot, with 6 employees - 1 manager, 2 sales people, a mechanic and prep guy or 2....nothing more..not a premuim car dealer that they lead people to think. Go back and read the PR's..and by the way this was a "FULL DISCLOSURE"... so it is the only bank account...and it should be all the fact that they have to present. Now go asked the used car dealer on your corner how many cars they sell in a month....make a comparision...it is simple math...everyone is so bent on making this something that it is not... so what, almost all used car lots make money...that is why there are so many...but they do not as sell stocks. Get real everyone...
Posted by George on :
See my comments in the <<<>>>>>
quote:Originally posted by blueranger:
here is the disclosure read it for yourself..
1. this is more info then i have ever seen from any penny....<<<<BECAUSE THEY HAD TO DO IT FOR THE SEC INVESTIGATION>>>>
2. there inventory is 2 pages 500k in cars.... Most american lots would have a loan covering this... i did not see a loan... but i skimed it.<<<<MOST USED CAR LOTS PAY CASH WHEN THEY BUY SOMEONES CAR THAT IS 10 YEARS OLD>>>>>
3. they produced there checking account which shows cash flow of 20-30k per month.... so they are a real business....<<<CASHFLOW, yes, real business, yes...but a CARMAX of Canada...NO...it only takes 2 car sells a month to have 20k in cash flow...>>>>
mjet, was a shell corp that traded around 70cents so gryf is a real company making money... so they deserve to be a penny stock.... these documents prove there more of a legite business then most penny stocks....
Posted by George on :
I can not stay away...I read what some of you say and I just shake my head...take the 5 or 10k you put in this and go buy a used car...it is a better investment...
Posted by peyton976 on :
how many times when a company puts out a pr they say, company x a leader in so in so, or company x a premier leader in so in so, how many of you have called the company or before buying called the company. I did, and i know just because they tell you something it doesnt mean dd. My first question was what kind of cars do you sell. the guy told me used cars, all kinds. They will have 3 dealerships and are currently looking for more. How many pinksheet stocks, no matter was business or employee count makes a profit and has no debt??? post them so i can take a look at them. When i called the other day they said the kmpg audit was still underway and middle of august was the target date with a otcbb goal in mind. It also baffles me as to why someone who doesnt own this stock continues to post how stupid and foolish we were for buying this, but its your right go post as you please. Just the bad pr of the sec coming in, even if nothing is found is going to sting the pps right off the bat. Im telling everyone to call the company if you need clarifications on anything, i called them and got a lot of questions i had answered.
Posted by blueranger on :
maybe i can make myself a little more clearer...
take 100 of our subpennies... i will just throw out 3 or 4 for example.... cnes, qbid, idvl, msep, hows that... now cnes, has never made a sale, and never made a dollar..they just print us stock each day...
idvl, its 10k says it has never made a sale,
msep, sells model cars over the internet....
oh and lest we forget qbid, they actually have a tv network but they just print up shares every day.
so now lets examine gryf beside alongside there peirs... It sells used cars, they have a bank account that they will show us, they actually make a little profit..... they are not printing up shares... the sec has scared them....
perhaps we could see, qbids check book, or cnes, or idvl.... so its a sub penny...
tell me george what do you exspect from a sub penny....
Posted by vwcruisn on :
all we can do at this point is give them a chance.. its stupid to argue at this point, the truth will come out either way. im hoping for the best, i only have 2 grand in this company, but when trading halted, my stock was only worth 1 grand. Nontheless, id still like to recoop some of my losses so I have faith that gryf will pull out. GLTA
Posted by madmoney on :
companys recent diclosure states 20 billion authorized,in my first call to the transfer agent before they were gagged by the company i was told the authorized shares were 750 million, they have increased the authorized by more than 2300%!, no wonder they gagged the T/A!. with an increase like that it seems likely they will issue shares as fast as they can!. how do exspect to make money on this company? do you think they will issue cash dividends? they are a pink sheet! the only divies you will ever see would be in the form of stock in another worthless company! and they wiil not go to another exchange period!, reason: thier stock price will never support the nesesary level without an R/S and even then they would not be able to maintain a price/valuation level long enough to remain listed for any legnth of time.plus moving to another exchange takes months, 6 to 12 minimum. filing requirement alone make this scenario unlikely at best! even if they manage to do that they wiil R/S the stock first and only after they have issued most of the authorized shares!
Posted by explorer186 on :
Is bashing allowed here? I don't think anyone should take your statements seriously madmoney. You're an obvious basher. Now how do we get rid of you?
Posted by firefighterswct on :
I dont think madmoney is a basher he has given some good advice on this stock and other stocks befour and ive been looking into the numbers and what madmoney is saying and alot of what he is saying is making sense
Posted by Darkhawk on :
Look, the same news can be seens very differently by 2 people. Both can have good explanation and arguments. It's not because one is less optimistic than the other that it is considered bashing, IMO. I can see good reasonning on both side... like I said before, to me, that money is lost because when comes Aug. 9th, even if SEC says most of what is says is true, the PPS will drop. I won't take a lost by 90% or something... I'll let my shares sleep awhile and maybe, maybe the PPS will go up again in the future.
Posted by madmoney on :
during the first 3 months of greyfields operation the stock dropped over 99%.this stock "ran" on a group play. it was set up by a group, the stock was hyped for a while during the accumulation by the group, before the run i posted factual DD about the company because pumpers were not!. then it ran, i did not post during the run, i figured let it go because its pointless to post anything negative during a run like that,even the trueth! because no one will listen. after the run i posted more facts ( all bad ) tried to inject less opinion and more trueth so investors who bought in high would at least have the chance to get most of thier money out before the BS caught up to the company, and some did. now the company is under investigation by the SEC!. all of the pumpers here at the beginning have sold and moved on leaving in thier wake a small group of core supporters who are now desperate to beleive the earlier hype and so continue to pump this in the hopes of getting new people in this so they can get out!. new investors need to understand what they are buying here, and that is a small used car dealership in southwestern canada with two locations and a third proposed, one in a town of 80,000 and one in a town of under 8000 with a third proposed in a town of under 10,000. they currently have 63 used cars in stock nearly 50% of witch are over ten years old. they appear to be making a small intermitent profit, good for autorama, autorama appears to be owned by greyfield, under the terms of this deal autorama may terminate this aggreement at any time and take the company private. at some point greyfield will issue a complete balance sheet, it is at that piont you will learn if they are in fact profitable, you will be looking for retained earnings and share holder equity. it is my GUESS you will see a deficit (net loss)as thier will be exspences to greyfield and autorama witch were not listed in the disclosure( dont hold your breath waiting for the balance sheet). they are allegedly in negotiations to buy or partner with a mitsubishi dealership in an as yet undisclosed location, they have also announced an agreement with another pink sheet company to sell franchises for them, this company appears to be an empty shell witch has not traded a single share of stock in months. it has been stated here that this 200 million share deal is worth 4 million to the company, this companies stock price went from 0002 to 02 in a day. how does that happen in penny land? reverse split! thats how. and NO stock traded before or after the price change, what do you think it will be worth IF it starts trading again, my guess would be somewhat less than 02!. due diligence is not hard to do. pumpers do not do DD, they call the company or investor relations to find out about the company and always post what they are told. why? simple, becuase those two sources have a vested interest in making the company look as attractive as possible to investors, just like the pumpers they want the stock price to rise so they can make money. investors have been misled by investor relations, (PR`s) by the company, (web site) and by pumpers who do no DD and just want to make a buck. i have posted facts and reasonable speculation and observations and that makes me a basher. there are some companies out there who sell cars and offer stock, those companies, car max, auto nation ect. started out small but they did not offer stock untill they were huge, only after posting 10`s or 100`s of millions in sustained profits and had proven thier buisness model did they take thier companies public. they sell cars and offer stock. this company sells stock and offers cars.
Posted by Vlad4 on :
So magic day is Aug 9th? when we find out if we lost our money or not?
Posted by ed19363 on :
madmoney may not usually be a basher, but he is doing a good job bashing this stock. I suggest we all ignore him, do your own DD, and make your own decisions. Pumpers and bashers do not have your best interests at heart, most of them have hidden agendas. Make your own mistakes and your own fortunes.
Posted by madmoney on :
ignoring the facts got alot of investors in trouble on this one. pumpers have more of an agenda on this than i do. this time around i want investors to know they are taking a HUGE risk and why, before the pumpers create another unrealistic fantasy about this stock going up, up , up!. 3 cents 5 cents even a dime! that was the hype last time. the FACTS PROVED these targets were absurd but the pumpers controlled the board! they offered no DD just hype and ended up convincing alot of good people to buy in to thier nonsense. the trueth will not help current holders of this stock and i am sorry about that, but it will help new people looking at this to make an informed decision based on facts, not hype or wishful thinking.
Posted by peyton976 on :
hey madmoney, for a well informed stock guru, you can not spell worth a damn. instead of worrying about us with a stock you do not own, go read a dictonary. cheers.
Posted by madmoney on :
thanx four thee addvyce
Posted by ed19363 on :
You want no risk? Stay away from stocks !! Especially pennies.
Posted by Durple on :
I think if you do not own a stock you should not give any advice unless you are a broker. This is all peoples opinions and if you do not own the stock in the thread then your opinion means nothing and you should talk on the threads that you own the stock or very possibly going to get in on it. I'm not saying people are bashing this stock but when you repeat everyday the same thing it gets old I never see the same post when it goes up. All I see is certain people it won't hold it's a group run balh blah blahsd. No one cares, state your opinion then leave it be, it doesn't have to be pounded into peoples heads.
Posted by fishfarmer on :
Amen Dirple!!!! Madmoney has spent enough time doing write-ups bashing this stock to start his own company. LOL Im not trying to start a poll, but how many penny stocks can anyone name that is actully making a profit and showing rapid growth? I re-invested small in gryf at .0018 with previous profits. I dont expect to hold long before making another gain. Thnkx four yore patienxz Posted by ed19363 on :
I am confident that Aug. 9 will be a good day. The restriction should be lifted and we can go on our merry way to profits. Hang in there.
Posted by cyclekitty1 on :
Madmoney. I got out with very minimal loss (thanks to you and your dd) Thank You!
Posted by $Keith$ on :
We trading again today???
Posted by fishfarmer on :
Methinks wednesday.
Posted by Vlad4 on :
so how many of you will sell for the loss once the traiding starts up? or will you, like some mentioned, hold it and hope some day it will bounce back up
Posted by fishfarmer on :
Gona bounce like a used car. I'm holding. Posted by Durple on :
It will be wednesday the temp suspended trading doesn't end till tomorrow at 11:59pm. I'm in the same boat fishfarmer all my shares are ones from the profit off it's big run. Honestly this thing is going to tank or fly after this suspension and i think it's about 50/50 depending on whether or not there's in irregularaties found.
Posted by $Keith$ on :
I am going to hold out!!!
Posted by Darkhawk on :
I'm holding too...
Posted by explorer186 on :
I'm looking forward to seeing their revenue numbers from July. That should give us a good push back up. Does a company have to stop operating when the SEC is investigating it?
Posted by fishfarmer on :
No they don't
Posted by blueranger on :
i am holding... if they put out a good pr it might not tank.
Posted by corndo on :
"i am holding... if they put out a good pr it might not tank.
I think there will be a certain amount of selling in the morning after the lifted ban, but it may actually do OK if their reports were at least factual enough to satisfy the SEC auditors.
Posted by peyton976 on :
i too will be holding, there are 74 shareholders and i think there will be a initial sell off, but the best thing to do is do not get caught up watching it, your emotions may take over. I will watch it at the open and then check in later with it. The thing about the sec is, I do not think they have to issue a ruling either way, of course if something is drastic they may extend the ban, buy if all is clear, i believe they do not have to issue a pr saying everything is ok with the company. I hope either the sec or the company will, if thats the case it will greatly help the pps. good luck.
Posted by Darkhawk on :
If SEC is satisfied, I'm sure Greyfield will issue a PR very quickly. We may even see one before trading hours.
If not, well... our shares won't be worth much. Let's hope for the best. GLTA.
Posted by BuyTex on :
don't mean to barge in on your thread, but SEC will not issue anything: if they say all is clear, could fuel a run as an endorsement; if they say we can't prove anything, but we're still investigating, could cause a massive sell-off--yet later the company is shown to have done nothing wrong. Ooops, too late--already cratered the company...
What you have to watch for is a "Special Notice to Members" from the applicable regulatory agency; am assuming this is a BB or pink, so that would be NASD.
Good luck...
Posted by peyton976 on :
thats what i mean, if you think theres going to be a pr from either the sec or company on the investigation before the trading on wed., i think your going to be disappointed.
Posted by ed19363 on :
Well, somebody should tell us something, good or bad.
Posted by Vlad4 on :
Good Morning all, hope this turns out to be good morning for GRYF owners. GLA
Posted by mclane on :
quote:Originally posted by peyton976: i too will be holding, there are 74 shareholders and i think there will be a initial sell off, but the best thing to do is do not get caught up watching it, your emotions may take over. .....
Is that true that there are only 74 shareholders?
Posted by ed19363 on :
Hard to believe....IMO there are more than that.
Posted by George on :
That is what I found odd about their full disclosure. There had to be more than 74 people on all stocks that were in at that time...
Posted by jakeo on :
This trading today or is everybody still waiting for the ban to be lifted?
Posted by Darkhawk on :
The ban will be lifted tonight at 11:59PM
Posted by ed19363 on :
Who says so? If SEC found anything, they can continue the ban. Somebody from the company has to say something before market open tomorrow.
Posted by Darkhawk on :
I went on SEC before, but failed to notice this. Is it possible it all started with an email? Look at this and tell me what you think. As for myself, well, maybe I need hope, but the content of the email shouldn't hold against the content of the disclosure...
The silence is deafening....why doesnt the company say something?
Posted by George on :
what do you expect them to say? most times they say nothing and trading starts back up...
Posted by Vlad4 on :
Any ideas why we are still not trading? Did SEC lift the ban? or no one knows? I can't find any info on this
Posted by Mack on :
wtf
Posted by Mack on :
lol jumping all over the place was at .005
Posted by Vlad4 on :
there she went!!! 0001 atleast thats what scottrader shows now
Posted by JIF on :
trading
Posted by ed19363 on :
Well, there it is.... .0001 We can forget about this one....
Posted by JIF on :
yup. Bye bye. Another one bites the dust.
Does anyone know if they've put out a disclamer or if there is any concrete info about what's happened here?
Posted by peyton976 on :
im showing .0016 x .0030
with a low of .00001 and a high of .0050
with 275,000
whats wrong with this???
Posted by George on :
This thing was identified as a scam weeks before they stopped the trading. The company has nothing to say but they are most likely hopeing to just avoid big fines or jail time at this point.
Put in a sell at .0001 and hope some sucker buys...better than nothing...or hold until when ever.
Posted by George on :
quote:Originally posted by peyton976: im showing .0016 x .0030
with a low of .00001 and a high of .0050
with 275,000
whats wrong with this???
That's because people are asking and hopeing to sell at .003
Posted by peyton976 on :
george, i know what the bid and ask mean, what im saying is so far everyones saying its over, its done , put a fork in it. why??? with only 275 k traded, why would you say that. by what i see, so far no one wants to sell and no one wants to buy, everyone thought the volume would be huge, why isnt it. im not selling at .00001, thats crazy. enlighting me as to what im missing here, ive come this far, why not wait, or in your opinion sell at a 95 % loss.
Posted by fast50gt on :
peyton, agreed. yup, looks like a scam, but i've already lost 99%, so why not take the risk with the other 1% i still have left. the way i look at it is nothing to lose. it would cost more in broker comm. now to sell than i'd get back anyways so i'm not selling at .0001 no matter what.
Posted by ed19363 on :
IMO, nobody wants to sell at a large loss, that's why it isnt trading. What we need is a PR from the company, or someone to contact them and ask whether they are going to continue as an entity. It isnt right that the company says nothing at all and the stock just sits there. Nothing will happen until there is some kind of news, be it bad or good.
Posted by fishfarmer on :
WOW!!!!!!! Explain this to an old fishfarmer/crapshooter George. I thought the market makers set the bid and ask. Posted by doubleS on :
i tried to by at .ooo1 just to see if trading. scottrade said trading was not available on this stock
Posted by Brustkern on :
Ameritrade will not either.
Posted by Prdponce on :
quote:Originally posted by doubleS: i tried to by at .ooo1 just to see if trading. scottrade said trading was not available on this stock
For what ever reason that happens with some brokers... the symbols does not get updated or ...... ? It also happens when the symbol changed because of R/S or "E" for non filing on time.
I believe you will be able to trade it tomorrow
Posted by fishfarmer on :
Hello .005
Posted by Brustkern on :
Ameritrade will now take orders for GRYF.
Is the 0.005 a fluke or what level of buying is going on here?
Posted by doubleS on :
scottrade still not tking orders, what price due show on ameritrade.......... scotttrade showing price at .oo5... bid at .0016 ask at .oo3
Posted by George on :
quote:Originally posted by fishfarmer: WOW!!!!!!! Explain this to an old fishfarmer/crapshooter George. I thought the market makers set the bid and ask.
MM's set the price based on what people are willing to buy or sell for. They take your order and submit it. You can set your sell or buy price at what ever you want. I MM then list it.
Posted by subbywrx on :
Buy now. It's only going to go higher since there wasn't a problem with the sec to begin with, just a little misunderstanding.
Gotta love that!
Posted by fishfarmer on :
I Thought they used the BEST asking price. Sorry to bother you George, thanks.
Posted by subbywrx on :
Looks like someone snuck in a buy at: 0.0001 275000 10:16:24
Wish I had an auto order in for 20mil.
Penny land and dollar land possibly coming for this one IMHO.
[ August 10, 2005, 12:50: Message edited by: subbywrx ]
Posted by bingus on :
why do you say it was just a misunderstanding?
Posted by vwcruisn on :
wow things might not be so bad afterall...
Posted by fishfarmer on :
What is ameritrade bid ask? please
Posted by vwcruisn on :
my account screen is looking AWESOME right now.. this morning i thought i was going to cry lol
Posted by madmoney on :
there are currently no market makers listing level 2 quotes for this stock, real time level 2`s are totaly blank. they may not yet have received SEC permission to rusume listing quotes. if you use ameritrade try selling at 005 and count your lucky stars if you get filled!
Posted by Darkhawk on :
Wow! I went to lunch feeling depressed and what a surprise coming back.
Can someone help me? What I don't understand is I had put a sell order at a price below this one and it didn't trade. Still hasn't. Nobody wanted to buy below the PPS?
Posted by madmoney on :
market makers cant trades shares to the public unless they issue bid / ask quotes, either market makers are moving shares between themselves or the company is buying shares to prop up the price. this would be leagle ( maybe ) but unethicle ( definately ). until market makers begin issuing L2 quotes no one here will be able to buy or sell shares.
Posted by Mule on :
Has anyone sold and received the money in your account?
Posted by subbywrx on :
Buy now at .0001 if you can get in. I have an order in close to that because you probably cannot buy that low. I'm giving it a try because this is only going to be back up from here no doubt.
Posted by Darkhawk on :
Anyone can explain all this movement from 0.0001 to 0.005 then to 0.0001 again?
As for me, my order didn't go through.
Posted by George on :
Come on sub....sure you can buy at .0001 and it could stay there until the comapny goes under also...or it could be like CMKX for the next 100 years...There is no way to tell if it will ever go up. If that were the case there are a lot of stocks at .0001....so what is your real agenda?
Posted by subbywrx on :
Guess we'll just have to wait and see, won't we?
Posted by Darkhawk on :
Madmoney, you're telling me they don't issue L2 quotes?
Then why it the stock moving like it does?
What does it ment when they do that? Is it a good/bad sign or nothing...
Posted by madmoney on :
I do not realy know what these trades are about, I do know that there are no market makers listing level 2 quotes on this so far today, SEC regs state MM`s must issue public quotes to trade shares on the public market so you will not be able to buy or sell this stock until that happens. it is possible and likely market makers are waiting for the SEC to inform them that they are free to resume issuing quotes on this. this should have happened this morning. this delay is unusual. good luck on this.
Posted by madmoney on :
from the SEC web site, this may help explain why there is no trading yet, please read carefully-------------------------------------------------------------------------------------------------------Trading Suspensions! When the SEC Suspends Trading in a Stock The federal securities laws allow the SEC to suspend trading in any stock for up to ten trading days. This document answers some of the typical questions we receive from investors about trading suspensions.
When can the SEC suspend a stock from trading? When it serves the public interest and will protect investors, the SEC may suspend trading. For instance, the SEC may act when public information about a company is not current, accurate, or adequate. The SEC has acted when serious questions arose about a company's assets, operations, or other financial information.
Why couldn't the SEC forewarn me that it was about to suspend trading before I bought the security in the first place? The SEC cannot announce that it's working on a suspension. We conduct this work confidentially to maintain our effectiveness and to guard against the destruction of evidence if our work becomes widely known. Confidentiality also protects a company and its shareholders if the SEC ultimately decides not to issue a trading suspension. Mindful of the seriousness of suspensions, the SEC moves as quickly as possible when it considers a trading suspension.
What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended? No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.
Will trading automatically resume after ten days? It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that trade in the OTC or the over-the-counter market, trading does not automatically resume when a suspension ends. (The OTC market includes the Bulletin Board and the Pink Sheets.) Before trading can resume for OTC stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.
In contrast to OTC stocks, stocks that trade on an exchange or Nasdaq resume trading as soon as an SEC suspension ends.
If the suspended stock resumes trading, why is it trading at a much lower price? The trading suspension may raise serious questions and cast doubts about the company in the minds of investors. While some investors may be willing to buy the company's stock, they will do so only at significantly lower prices.
Why would the SEC take such action when it knows it will hurt current shareholders? Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when it believes the public may be making investment decisions based on false or misleading information. Suspensions give notice to current and potential investors that we have serious concerns about a company. A suspension may prevent potential investors from being victimized by a fraud.
How can I find out if the stock will trade again after a suspension? You can contact the broker-dealer who sold you the stock or a broker-dealer who quoted the stock before the suspension. Ask the broker-dealer if it intends to resume publishing a quote in the company's stock.
If there is no market to sell my security, what can I do with my shares? If there is no market to trade the shares, they may be worthless. You may want to contact your financial or tax adviser to determine how to treat such a loss on your tax return.
What can I do if the company acted wrongfully and I have lost money? To get your money back, you will need to consider taking legal action on your own. The SEC cannot act as your lawyer. You must continue to pursue all of your legal remedies. For more information about how to protect your legal rights, including finding a lawyer who specializes in securities laws, read our flyer, How the SEC Handles Your Complaint or Inquiry.
To learn how to file an arbitration action against a broker-dealer, you can contact the Director of Arbitration at NASD or the New York Stock Exchange. NASD and the NYSE also offer mediation as an option before going to arbitration.
Where can I get information about trading suspensions? You can find a list of companies whose stocks have been suspended by the SEC since October 1995 on our Web site.
How can I learn more? We offer educational materials so that you can understand how the securities industry works and how you can avoid costly mistakes and fraud. Our educational materials also provide tips on how you can invest wisely. You can order our free publications by calling (800) SEC-0330, or read them on our Web site. For specific information about the risks of investing in low-priced stocks, see our publication, Microcap Stock: A Guide for Investors.
If I read this well, it means brokers have to review company information before giving quotes. Good or bad, well difficult to know.
I'm at the office tight now and can't make long distance calls. Did somebody contacted GRYF IR at (250)320-8891 to try to find out something?
Posted by fishfarmer on :
I talked to a scottrade assistant broker. She got the bid at .001 the ask at .01. I put in a sell at .006
Posted by farpceca on :
welcome to the grey sheets.
Posted by Darkhawk on :
When I talked to my broker, he didn't have any quote. But that was an hour ago or so. You just talked to her?
Posted by JIF on :
Hey guys. I'm with you. I have no idea what the heck is going on here.
But, Convnetional Wisdom tells me the stock should settle at a price close to price when the bad news hit.
Now that we know that it was a misunderstanding, we should head north.
Posted by Vlad4 on :
I'm in the same boat, in the office and cant call now, otherwise I would
Posted by fishfarmer on :
Yes Hawk. She called somewhere, then called me back and gave me the quotes. That was about 20 min ago.
Posted by madmoney on :
JIF -- (Now that we know that it was a misunderstanding,) please explain this statement, what do we KNOW? do you have an inside veiw of the results of the SEC investigation? it appears that even the market makers have not decided whats going on yet, maybe you should call the MM`s and tell them (it`s all a misunderstanding so you can start trading again! ) but i think they will wait and see what the SEC says first.
Posted by Darkhawk on :
Thanks fishfarmer! Sounds like good news, but until it starts to trade, we won't know.
Posted by bingus on :
what information do you have that this was just a misunderstanding?
Posted by madmoney on :
bingus : there is no information to show this was a misunderstanding, it was some kind of joke or wishful thinking nothing more, check my post on page 15 about SEC trading suspensions, they dont suspend without a very good reason, the longer market makers delay posting quotes the worse it looks, at least to me.every other stock i have seen suspended began trading as soon as the suspension was lifted, usualy gap down right out of the gate.
Posted by bingus on :
Thanks madmoney.
Posted by fishfarmer on :
quote:Originally posted by madmoney: JIF -- (Now that we know that it was a misunderstanding,) please explain this statement, what do we KNOW? do you have an inside veiw of the results of the SEC investigation? it appears that even the market makers have not decided whats going on yet, maybe you should call the MM`s and tell them (it`s all a misunderstanding so you can start trading again! ) but i think they will wait and see what the SEC says first.
The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company. AM I MISSING SOMETHING HERE?
Posted by madmoney on :
no fishfarmer, you are spot on! only the market makers and the company will ever see the results of the SEC investigation, unless the SEC presses charges no information about the results of the investigation will be released to the public. a couple of guys posted that nonsense to mess with you thats all.
Posted by Darkhawk on :
How come Scottrade gave fishfarmer a quote?
Posted by madmoney on :
Darkhawk : about the scottrade quote: dont know, you or he could try calling and asking what they are basing this quote on? i dont know if scottrade acts as a registered market maker as etrade does but the fact remains: no market makers on GRYF have issued level 2 quotes today, in fact no market makers are even listed on the quote system for GRYF yet. you might also consider the quote, 001 to 01? thats a 900% spread whats wrong with this picture?
Posted by fishfarmer on :
I called scottrade. She said bid .001 ask .01 I pot in at .006 just to see if I could.
Current Open Orders Action Qty Symbol Price T.I.F. Status
SELL 105000 GRYF Limit: 0.006 DAY OPEN
Posted by fishfarmer on :
Someone else call and see if you get the same thing. Won't cost anything unless you sell. Posted by bingus on :
I was told the same thing.
Posted by madmoney on :
fish: dont forget to ask what they are basing this quote on. dont blame you for trying to sell at that level i would to, but with no current L2 quotes it aint happenin!. maybe tomarrow, good luck.
Posted by fishfarmer on :
I assume you could sell at .001 unless your having as much fun as I am and dont want to. Posted by madmoney on :
you could not sell today at 0001 even if you wanted to! LOL. maybe the MM`s will get back on board tomarrow. only 15 min left not likely to happen today!
Posted by fishfarmer on :
Why did she give me a quote?
Posted by madmoney on :
I dont know. did you ask what she is basing it on? is it old, is it new, are they a market maker? wich market maker is she quoteing? give a quick call and find out.
Posted by Darkhawk on :
Just called at Greyfield. It was the answering machine. I left a message. I guess they got plenty of calls today.
Posted by BuyTex on :
Once a stock comes off suspension, the burden is on broker/dealers to verify that the issues are valid--it's part of their "fiduciary duty." iow, if they simply start trading merely because some MM is willing to trade, or the TA is willing to forward to DTC, the broker/dealer is responsible for anything/everything--including strict ratios of capital on-hand.
That's why, for example, MAMG is still not trading even though its suspension was over in early June.
Best bet is to contact the TA as WELL AS the reorg/compliance dept.s at your various brokers. e-mail is better for your brokers; and those e-mails s/b addressed to "reorg/compliance," because at the various branches you are usually dealing with recent grads, newcomers, etc who get "trained" in basics of trading and some party-line, mainstream nuts n bolts re blue-chips and big boards. They know next to nothing about OTCBB/"other" issues and less than that about rules, regs, etc. For instance, if you call 5 different branches--of the same online brokerage--around the country twice a day, you will likely get 6-10 different answers. So for your brokerages, e-mail--get it in writing. My two cents' ...fwiw.
Posted by madmoney on :
from the sec web site:------------------------What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended? No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.
Will trading automatically resume after ten days? It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that trade in the OTC or the over-the-counter market, trading does not automatically resume when a suspension ends. (The OTC market includes the Bulletin Board and the Pink Sheets.) Before trading can resume for OTC stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.----------------------------- pretty clear if you ask me, IF the investigation has finnished the market makers must review thier findings and determine if the information they have shows the company meets at least the minnimun financial disclosure requirements to justify trading thier shares without exsposing them to potential liability. todays lack of quotes indicates, 1.- the SEC has not yet concluded thier investigation. 2.- the market makers have not finnished reviewing the information the SEC provided ( if they are done ) 3.- market makers have decided they will not quote this security due to a lack of information about the companies claims. these are my thoughts based on the SEC statements listed above. have to see what happens in the morning. good luck everyone.
Posted by BuyTex on :
madmoney, imho? don't wait and see.
be proactive.
get answers...
you obviously know how to DD...take it to the next level. Make them tell you...
jmho,
best wishes
Posted by vwcruisn on :
cmon gryf pull your ass out of the gutter!
Posted by BuyTex on :
quote:Originally posted by BuyTex: madmoney, imho? don't wait and see.
be proactive.
get answers...
you obviously know how to DD...take it to the next level. Make them tell you...
jmho,
best wishes
sorry...what?
Posted by Darkhawk on :
GRYF IR: (250)320-8891
Yesterday I left a message but they didn't call back. Must have been a busy day. forget to give them my phone # at work so if they call today, well, nobody home. And I can't call from here.
Can somebody try to give them a call to hear what they have to say? Otherwise, I'll try again tonight and leave 2 phone numbers and an email address.
Posted by madmoney on :
market makers are not yet posting quotes, looks like another long day. ( for buytex ) i will see what i can do, but i will be busy today, good luck all!
Posted by Vlad4 on :
any l2s?
Posted by Darkhawk on :
Just got a call from my broker. They cancelled my order because the stock is suspended again. But this tiome it's not a 10 days suspension, it is a temporary suspension. He couldn't tell me how much days it will be, but he says it is usually for a day or two only. I asked his opinion and he couldn't really tell me. He says that of course this doesn't look ood, but that it happends really often and that it doesn't mean it's a fraud.
All I hope is that it's not a complete fraud. If they mislead us a bit, well, it will go down but shuld come back. But if it's a fraud...
Can't find anything on SEC or pinksheets.
Please somebody call GRYF today!!!
Posted by madmoney on :
calling GRYF is a waste of time. what do you think they would say?. better to call a market maker and see if they have recieved the SEC report yet. call KNIGHT- pink sheets desk- #- 1 800 631 3094. see what THEY say.
Posted by fishfarmer on :
Called scottrade---bid .001 ask .01, put in sell at .005. Dont give me a hard time madmoney, I dont expect it to sell, but I'm really wondering if it would sell at .001. I would like to see someone try a small quanty at .001 with scottrade. Posted by madmoney on :
fishfarmer : sorry i did not mean for you to take my post in a negative way, i meant no harm, i was laughing with you not at you. i apologize for the missunderstanding. I am sure you know that until the market makers resume posting quotes on this security no will be able to buy or sell at any price. again i am sorry, i was not trying to give you a hard time.
Posted by George on :
Plus you have to have someone that wants to buy....
Posted by fishfarmer on :
No problem at all mad, just picking. Do you have a scottrade account?
Posted by jakeo on :
NITE is dead isnt he? Getting investigated by SEC- So its dead again? Was thinking about getting in for some cheap shares and holding til the end of august for the #s but if the SEC can suspend again @ any moment its too risky...
Posted by BuyTex on :
If it's halted, that's from NASDAQ/NASD, not SEC; the former "halts" (for a coupla reasons) for a few hours to a day or so (anyway, short-term); the latter "suspends" (for 10 days, as earlier w this one).
Posted by madmoney on :
fish: no, i use alpha trade for quotes and news and a broker for trades. i believe i understand how you got a quote from scottrade, its complicated to explain, but the fact remains, SEC regulations do not permit (active) MM`s to quote this stock until the investigation is complete and MM`s have reveiwed and varified thier findings. the word ACTIVE is the key to this riddle. IMHO
Posted by peyton976 on :
madmoney, who then traded the shares yesterday, who would sell at .00001, and who would buy at .005?
Posted by peyton976 on :
i too am at work, i called the number madmoney gave, the nite number which is actually schwab, but he told me to call 201 963 9100 and talk to marty who could give more info about the pinksheet gryf. im at work, so if someone wants to try, go ahead. if not im going to call tomorrow. let us know
Posted by madmoney on :
peyton976 : I dont know, maybe MM`s cleaning out thier books getting ready for the next round, maybe the company was involved but i dont think so, SEC rules are very clear on this issue, no one can buy or sell this security until market makers resume posting quotes. the fact that there have been no ghost trades today seems support this theory of MM`s clearing the books, perhaps for the purpose of accurate accounting when trading resumes. good luck, sincerly!
[ August 11, 2005, 12:05: Message edited by: madmoney ]
Posted by madmoney on :
peyton976: sorry for the wrong number! i scalped it from another thread and did not varify it, thats what i get for not looking it up myself! oh well, i tried! P.S. good job calling! and thanks for posting the RIGHT number! GLTA.
Posted by Darkhawk on :
Thanks to you madmoney and peyton.
Seems we're all unable to make long distance calls from the office lol. First to call, please post your findings here. I'll do it if it's me.
madmoney, can you explain what you mean by MM clearing the books? Is it good or bad (I should not try to get my hopes up. but I'm an eternal optimist ;-)
Posted by fishfarmer on :
I called the no. for marty and was told i have to have his last name. If you can give me his last name I'll try again.
Posted by madmoney on :
Darkhawk : my thoughts on yesterdays trading are just i guess. that having been said, i would think MM`s clearing the books would be a neutral sign, just means they are getting things in order for the next step. i dont think yesterdays activities are any indication of what will happen when this resumes trading. as i said i believe it was simply " house cleaning " nothing to worry about in and of itself.
Posted by Darkhawk on :
Sorry for all the questions, but I'm trying to learn (I do a lot with this stock). What does clearing the books mean. I know you say it's to put things in order, but how does it involve trading shares?
Thanks or your patience!
Posted by madmoney on :
Darkhawk : market makers through the DTCC ( depository trust clearinghouse corp? ) control the flow of shares sold on the open market through broker/ dealers to the public. some MM`s may have had shares " in transit " on thier way to a buyer such as yourself who cancelled thier order late, when this was halted some MM`s may have been left with shares they barrowed from another MM, these shares would need to be returned so that everybody ended up with what they started with, the trading prices were probably arbitrary and so, meaningless. this is only a guess on my part, one possible explaination. no way for us to realy know.
Posted by Darkhawk on :
Thanks! I guess it can explain the .0001 to .005 to .0001 again. The stock was not really traded and the numbers we saw probably mean nothing.
Hopefully, someone can get info from this Marty.
And thanks again for your help and patience.
Posted by peyton976 on :
Will trading automatically resume after ten days? It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that trade in the OTC or the over-the-counter market, trading does not automatically resume when a suspension ends. (The OTC market includes the Bulletin Board and the Pink Sheets.) Before trading can resume for OTC stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.
thats the key statement, broker-dealer to reveiw info, how long, who knows?? if broker-dealer does not have confidence about the company, thats another key statement, im willing to bet that they will not make a market until a sec ruling to take the legal responsiblitly off of there shoulders, thats just my opinion.
Posted by Darkhawk on :
I called GRYF IR and their message is changed. I think it says "The uspension has been lifted, you will be kept informed". English is not my first language and she doesn't speak very loud, but I'm pretty sure about it.
Maybe somebody wants to confirm that. GRYF IR: (250)320-8891. I know it doesn't mean anything because MMs are the key. Maybe a PR is coming...
Also tried to call SCHWAB yesterday when I came back from work, but it was too late.
Posted by fishfarmer on :
quote:Originally posted by peyton976: i too am at work, i called the number madmoney gave, the nite number which is actually schwab, but he told me to call 201 963 9100 and talk to marty who could give more info about the pinksheet gryf. im at work, so if someone wants to try, go ahead. if not im going to call tomorrow. let us know
I need martys last name to contact him.
Posted by Vlad4 on :
some trading just went on
Posted by Vlad4 on :
up we go Posted by George on :
There looks to have been a mirror trade of 20,000 shares.Probally between MM's. $8.00 worth.
Posted by fishfarmer on :
Are you showing a bid ask? Im on scottrade
Posted by madmoney on :
i see it to george. and fish: still no L2 quotes.
Posted by Vlad4 on :
.0016/003 is what I show for bid/ask
Posted by fishfarmer on :
Thanks mad.
Posted by George on :
quote:Originally posted by Vlad4: .0016/003 is what I show for bid/ask
bid/ask is not L2's
Posted by Vlad4 on :
I know that George.... I was responding to fishfarmer if you look above
Posted by fishfarmer on :
.0016/.003 has been there since the suspension. Thanks anyway
Posted by George on :
Sorry about that. I thought I read he was asking if there were L2's...
Posted by Vlad4 on :
It's all good George, hope this thing does something already.
Posted by $Keith$ on :
I show up 300%
@.004 what the FUC# is going on????
Posted by ed19363 on :
Nothing !!
Posted by madmoney on :
$Keith$ : thats 0004 ( tripple o four ) from tripple o one, and nothing is going on, it`s just a ghost trade, and no i dont know what it means. probably nothing, MM`s are not quoteing this yet so it does not matter, besides it`s only 40,000 shares 20,000 @ 0001 = 2.00$, 20,000 @ 0004 = 8.00$. i know everyone is holding thier breath on this one but thier is no point in getting all worked up about it, nothing can happen until it starts trading again. dont exspect anything from the company until that happens, if the investigation is not complete they cant say anything and until the MM`s start quoteing it again they wont say anything.
Posted by abefroman on :
Scotttrade is showing .00 for this but the also show .001 as the high and low.
I am not quite sure what is going on here
Posted by George on :
That is what we are saying...nothing is going on...forget everything you see on streamers right now bid/ask, high/low, volume...it all means nothing until it starts trading and then all these numbers will change.
Posted by OneGreater on :
Somebody over at the RB board says he sold 100,000 shares the other day @ .0001 (FWIW)
Posted by George on :
Right....$10 worth of stock...why bother?
Posted by madmoney on :
OneGreater : dont believe ANYTHING you read on that board. NO ONE can buy or sell until market makers resume quoteing this stock and that has not happened! common sense says even IF you could, why would you sell at 0001? no matter how bad it is (any stock) it can only go up from there! even I would not sell at that price and i am considered the resident basher here! LOL. GLTA-- time will tell!
Posted by Darkhawk on :
This is not the first thread where someone says not to trust anything from RB. Why is that?
Posted by BuyTex on :
the few good posts are buried in rants n raves and personal attacks
Posted by madmoney on :
quote:Originally posted by Darkhawk: This is not the first thread where someone says not to trust anything from RB. Why is that?
read through some of the posts on RB check a couple of threads, those people are insane. would you trust the rantings of a mad man?. most of the posts make no sense, they are all over the place! trying to sift through the BS can be both amusing and annoying!. sometimes it`s good for a laugh but seldom are they to be taken seriously.
Posted by George on :
They don't call it RAGING BULL for nothing...It is RAging and full of Bull.
Posted by Darkhawk on :
I went to have a look at 4-5 different stock I own and found only one thread where there was a good communication between people. All the others were full of personnal attacks, so I understand why you all said it's BS!
Posted by OneGreater on :
Make no mistake about it, Allstocks is among the best out there. The Mods are great and the folks that come here are largely intelligent and considerate. I'm proud to be a member here.
GLTA
Posted by jakeo on :
GRYF @ .0004 today
Posted by vwcruisn on :
so whats the deal... this thing dead??
Posted by George on :
It has been dead...now all you can do is hope to raise the dead...
Posted by fishfarmer on :
Praise Jesus!!! Posted by George on :
lol...that's funny...but true..
Posted by Darkhawk on :
There have been movement again today. Can anybody tell me if there was L2 quotes or if the transactions were between MMs again? My guess goes for transactions between MMS.
Posted by ed19363 on :
Is this ever going to trade again?
Posted by Darkhawk on :
Can we try again? I can't make long distance calls from work and I arrive too late at home, everything's closed. Can someone try again to call?
SCHB 1-800-631-3094 Somebody did it and was told to call 201-963-9100 and talk to Marty. Then Fishfarmer said he called, but they asked Marty's last name. Since then, nothing.
So can someone call SCHB, ask about GRYF and if they refer you to someone, make the full follow-up? I would do it, but really can't.
Maybe they won't say anything useful, but maybe they will. Who knows?
Posted by Vlad4 on :
just noticed some movement, and change to .005 whatever all this means... who knows
Posted by reidler88 on :
wow,,, i wish i could sell mine at .005
Posted by jack85 on :
Is it a fluke or what? Scottrade won't let me trade this stock online.
Posted by $Keith$ on :
GREYFIELD CAPITAL (Other OTC:GRYF.PK) Delayed quote data
Last Trade: 0.005 Trade Time: 11:30AM ET Change: 0.005 (1,150.00%)
Posted by vwcruisn on :
over a half million in volume.. anyone know whats going on?
Posted by Durple on :
I'm thinking this stock is just wait till something happens stock when we get MM's back on board and L2's then we can proceed.
Posted by ed19363 on :
Or, we get left holding the bag again, whichever comes first.
Posted by jakeo on :
kinda makes me wish i had bought in @ .0001, would be in better condition than my current trades are
Posted by madmoney on :
FYI: no level 2`s being posted yet.posting for the benefit of those who dont have L2`s. good luck all.
Posted by $Keith$ on :
GREYFIELD CAPITAL (Other OTC:GRYF.PK) Delayed quote data
Last Trade: 0.001 Trade Time: 9:35AM ET Change: 0.001 (150.00%)
Posted by vwcruisn on :
any L2s yet?
Posted by freakyfranky on :
GrYF received 200000000 stocks from Slateco International Group SLTJ few months ago. They r on 0.02 so that makes 4000000$. Can anybody find something on SLTJ. http://www.theautochannel.com/news/2005/07/25/138260.html So is GRYF still word something or is the price now justified 0.0001 . Can anyone look this up please.
Posted by explorer186 on :
Can anyone visit its site http://www.theautorama.com/greyfield If not maybe they are using this interruption as an opportunity to spruce some things up: re-design and update the website, and apply for the OTCBB. Maybe when trading resumes, it resumes on the OTCBB. Wouldn't that be something!
Posted by Darkhawk on :
Well, it sure would be great, but before the suspension, they were very aggressive with PRs. Now, the suspension is lifted and there si nothing and MMs won't give L2 quotes. Only GRYF, MMs and SEC know something. All shareholders are left in the dark.
I sure hope you're right explorer, but it may be some months after trading resume before we come near a penny again. If trading resumes...
Posted by George on :
SLTJ appears to be nothing more than a shell company. They seem to just be part of the GRYF smoke and mirrors. Why would anyone give 4 million dollars to a used car lot to own the franchise rights? You can build a lot of used car lots on your own for this kind of money. It is just another part of the GRYF puzzle the SEC is investigating. That is the problem with GRYF almost everything they PR'ed does not make sense.
These were the kind of things that all just did not make sense. The reason they are not trading now is because there are many things like these that just do not make sense.
Posted by George on :
The web site was taken down just before the SEC investigation. There never really was what would be considered a working car lot web site. It was more like an ad. You could not look at inventory or anything like that that you would expect from a premium car dealer. Another clue. Also I would not even think about this going to the OTC anytime soon. I would be more worried about if it ever trades again.
Posted by explorer186 on :
Thanks for your vote of confidence George. NOT! Well if it does start trading again, then I guess everything will be okay. Right? I'm pretty sure you're going to say no George. You see, people like George are here to place doubts in your mind, and scare you out of your shares. No one can tell what the company is really doing, which might not be all that bad. George: why are so interested in this stock that you feel the need to keep posting here?
Posted by ed19363 on :
So what is a "premium" car? I know some people who would be delighted to own a 1995 Ford F-150. The company needs to be contacted or put out a PR explaining what is going on. Either that, or we need to find an explanation of what the SEC is doing. Anybody know how to search for that kind of thing? And George, I'd hate to think you give up this easily on all your investments. Maybe you should find out what's going on before bashing hell out of it.
Posted by George on :
I gave up on his one after I made some on the group run that was the start of this whole mess. Then once I had time to DD it I realized it was a scam in my mind and I let people know that back before it dived and went under investigation. Even if this stock does trade again I would warn people to stay away. I never bashe dit I provided facts that were true. If someone can not figure that out then it is their issue. I continue to post here in the hopes of continuing to learn for myself and others how the market is misused by cons and thefts.
Posted by Darkhawk on :
I'm sorry to say I believe George may be right. I hope he's not, I still own the stock, but we can't get answer from anybody. Greyfield won't release a PR. I just called SCHB (thought I couldn't call before because it's long distance, but it worked because it's 1-800 number). The guy told me it was traded on the grey market (can anybody explains this to me) and that there was no L2 quotes yet and that he couldn't tell me more and then he just hung up. I understand he may not talk about the investigation, but to me it doesn't look good.
I sure wish trading will resume and that we will get our money back, but I won't count on it. I'm learning a lot with this one.
I made 3 really stupid mistakes newbies always do I guess. If newbies read this, well, don't do what I did. First, I put almost all my trading money in the same basket (on a pinkie, it's really risky). Second, because the PPS was going up, I bought "market price" that's awful because I ended up paying 0.0032 my shares instead of 0.002 (1200$ difference, I bought 1 million shares). Third, I wanted to sell, had my order into place when news of good revenues came out. I cancelled my order and made another one at a higher price. Got greedy, could've walked with 500$ gain in 3 days, but wanted more and now I'm stuck with my shares.
But, there is still hope. There has been transaction up to 0.005 on the grey market. Maybe it means something.
Posted by ed19363 on :
Grey sheets are the bottom of the stock barrel. Any lower and they call the coroner.
Posted by explorer186 on :
I believe that if my suspicions are correct, this will reach a penny in time. You could sell immediately after it resumes trading again for a huge loss, but the MM's can double back at you and start taking her up.
Posted by Darkhawk on :
Is there a trend when a stock is traded on the grey market after a suspension? Does that mean there are more chances it will trade again or that it won't? Unless it doesn't mean anything...
Posted by BuyTex on :
i think the question is: anybody ever seen an issue come off the grays?
if so, how long they last?
Posted by BuyTex on :
quote:Originally posted by explorer186: I believe that if my suspicions are correct, this will reach a penny in time. You could sell immediately after it resumes trading again for a huge loss, but the MM's can double back at you and start taking her up.
I've noticed this term: "MM's can double back at you..."
What does that mean? never heard/seen that term before....
Posted by *Magnetic*Microspheres* on :
I got shot through a space not long ago, I thought I knew the place so well. It wasn't the same, now it goes to show, Sometime you never can tell. I'm lookin' high and low, don't know where to go, I got to double back, my friend. The only way to find, what I left behind I got to double back again, double back again. You know I'm movin on in this fine machine, Rollin' on through the night. Seein' things like I've never seen And it's taking me outta sight. Lookin' high and low, don't know where to go, I got to double back, my friend. The only way to find, what I left behind I got to double back again, double back again. It's got me up and down, I been lost and found, Down in a deep dark hole. Looks like my luck has changed, I been rearranged And I'm coming out on a roll. Lookin' high and low, don't know where to go, I got to double back, my friend. The only way to find, what I left behind I got to double back again, double back again.
Posted by BuyTex on :
lol, the poet-trader, good stuff..
Posted by DeportTheWitless on :
quote:Originally posted by BuyTex:
quote:Originally posted by explorer186: I believe that if my suspicions are correct, this will reach a penny in time. You could sell immediately after it resumes trading again for a huge loss, but the MM's can double back at you and start taking her up.
I've noticed this term: "MM's can double back at you..."
What does that mean? never heard/seen that term before....
It means they can induce your nervous tendancy to sell then bring the price back up hoping you buy because you think a reversal has occurred... then drop the price and hope you sell again... This is the theory anyway. Not exactly how it works. The stock market is based upon free market design... supply and demand... and more evolved with the advent of the modern day computer and internet... Charts. Every downtrend has price pops along the way and every surge has drops along the way.
Posted by BuyTex on :
lol, good answer...
are you sure that's an accepted term?
Posted by Double Diamond on :
Dear,
I've send the following to the NASD and SEC. I'm posting in the MDGM used to be UDVE thread. It seems that we have a common element in both your and my story.
**************************
Subject : Complaint UDVE/ MDGM Date : 08/21/2005
To :
Mr. Aldins Lapins -
Branch Chief Office of Investor Education and Assistance Securities and Exchange Commission
Cc :
Ms. Patricia A. Clem -
Assistant Director Market Regulation NASD, Inc.
Dear,
Your name was given to me by the NASD. I already had filed a complaint/tip with your organisation end July and I am unaware if this is currently being handled (ref. your discretion clause).
I found out this weekend that Mr. Doherty was involved in Greyfield (GRYF) as well. This stock seems to be currently under SEC investigation. So Mr. Doherty has/had besides his activities in mining as well something going on in cars. Makes you wonder what else will follow.
*July 5, 2005 Greyfield Announces Resignation of Robert Doherty
Greyfield Capital, Inc. (Pink Sheets:GRYF) announces the resignation of Robert Doherty, effective from July 1st, 2005.
The new management team at Greyfield Capital will strive to have an open relationship with all of its shareholders. A number of innovative initiatives will now be launched. Within the next few weeks, the company will activate an investor relations hotline and shall also initiate the hiring of an outside investment relations firm to increase investor awareness of the company.
********************* I found this relevant enough to mail to you.
In addition I would like to state that as a shareholder, I have written Mr. Doherty and MDGM on several ocassions mails. Mr. Doherty replied with a standard message somewhere mid July and has not replied any further questions I have asked him. MDGM management : no reply. I assume that both parties do not wish to interact with their shareholder.
This leaves me to conclude that my only hope on getting clarification if I will recieve my+ $25000 cash dividend and if I'm entitled to claim that I owe + 1.4 % of the former UDVE company is via your organisation. I hope you find enough elements in my communications (and probably, referring to some posts I saw on messageboards, some complaints from other shareholders) to investigate the UDVE/ R. Doherty/ MDGM story.
Kind regards,
xxxxx
Posted by *Magnetic*Microspheres* on :
quote:Originally posted by BuyTex: lol, the poet-trader, good stuff..
LOL naw these furry critters deserve the title of poets, it's lyrics from one of there songs Posted by George on :
UDVE/MDGM and GRYF were owned by the same guy.
MDGM went fron 20 MM shares to 44 MM after their audit...Stay away from this guy Robert Doherty, president of United Development International. Seems like he is a crook
Posted by George on :
UDVE/MDGM and GRYF were owned by the same guy.
MDGM went fron 20 MM shares to 44 MM after their audit...Stay away from this guy Robert Doherty, president of United Development International. Seems like he is a crook
Posted by vwcruisn on :
i just called their number (250) 320-8891
and the message said "The suspension has been lifted--you will be kept informed."
come on give us a PR already
Posted by George on :
quote:Originally posted by vwcruisn: i just called their number (250) 320-8891
and the message said "The suspension has been lifted--you will be kept informed."
come on give us a PR already
That's what it said the day it was lifted.... no change there.
Posted by jack85 on :
Is something going on? This one hasn't been touched since the 18th.
Posted by George on :
You could say that or better would be to say is nothing going on. This was suspended and under investigation. It has not traded yet as there is no market for it. MM's are not touching it.
Posted by explorer186 on :
I had a long offensive post for you BuyTex, but decided it is better that I just ignore your nonsensical questions and remarks about my posts. Next time you can't understand one of my posts, go and try to understand it yourself; don't expect me to help you because for the most part I won't. The Internet is a big place you know.
[BTW for those who are curious, this guy likes questioning my posts, because I made an innocent mistake on a NNNC thread one time]
Posted by BuyTex on :
lol, explorer, your "innocent mistake" was misreading a post--several times, even after having it pointed out repeatedly... But then you wouldn't stop there; you proceeded to post out-n-out rude, temper-tantrum insults. *Plus,* the guy you picked to be rude to is someone who has helped literally hundreds of traders here...Re-read the thread, dude. You'll see where I tried to steer it away from a confrontation...yet you *insisted* on belligerence to a point way past embarrassing...
OK, it happens, and I see you just joined...so with benefit of the doubt, I asked you a question on a completely unrelated thread. As I recall, the question was about a term that you used, which I had never heard before. You didn't answer, someone else did. OK wid dat...You had a chance to help somebody, and you refused. OK wid dat, too.
Cuz you're right, the 'Net is big...
Yet, this board is for big people. Newbies welcome. Rude folk? Not so much...
However, it *is* a point in your favor that you decided against the "long, offensive post." Promising...suggest you steer toward that path...
As for my nonsensical posts? Wonder why my PM box stays nearly full, day after day?
On your promise to ignore me? To paraphrase Sensei Keith: FULL STEAM AHEAD!
Posted by explorer186 on :
For the record, I'm completely against his claims against me. Now let's move on with our lives.
Let's talk GRYF. Has anyone experienced a halt in a security before? How long does it normally take before it starts trading again?
Posted by HILANDER on :
Hey explorer, pickin fights with TEX is jsut stupid. He's got a lot more friends here than you do. Ya trackin? It's a fight you can't win man. Your best bet is to let it die.
Posted by BuyTex on :
lol, lol, lol,
I'm crying, laughing so hard...
ha oh haaa..."for the record" YOU called ME out--now you see the hole you've dug for yourself and hope it goes away...who's your favorite band: Cheap Trick?
Ok, let's talk stock--was this "halted" or suspended?
Big Difference...
Posted by BuyTex on :
Hilander, thanks, but I ain't fighting. lol, you've *seen* me fight We been in some tough ones... Explorer? My gut instinct is he's simply misguided and stepped in a hole with Sensei Keith and doesn't know how to fix it...
did you see that 'gold' alias today? funny chit...
Posted by BuyTex on :
so, halted or suspended?
Posted by explorer186 on :
Unf'ing believable. Hilander do you think sprucing up BuyTek's ego more is appropriate right now. Did my last post not give the impression I wanted to let things go! Do you aholes always have to have the last word? Thanks for supporting this guy's illusion that I'm in a hole! NOT! LET IT GO PEOPLE!
This time I'm laughing at you BuyTex. LMAO! LMAO! I thought you might point out that "halted" and "suspended" are not the same. The reality is they are used interchangeably, and no one really cares. Thanks for pointing out the meaningless again.
Posted by HILANDER on :
Wasn't trying to spruce up anything man, just trying to help. Don't need to spruce Tex's ego, he doesn't need it. Lettin it go man, but like I said before, just trying to help avert a pissing match.
Posted by explorer186 on :
Listen Hilander, I bow down to the right only and not someone's perceived status. If he chooses to attack me, ignoring him isn't equivalent to saying I'm not worthy to defend myself and defeat him. There are more worthwhile discussions than quibbling, and I’ll behave as such, but I’m not sure about BuyTex who seems very childish if I might add.
Posted by BuyTex on :
Actually, it's not a pissing match. I don't want newbs thinking a halt = suspension.
Ex, ain't attacking you: YOU called ME out...
meaningless? the distinctions? ooo-boyy...laugh all you want, it's a major difference, and significantly affects its chances for trading...
lol, my ego, is hardly the point
as is (despite my respect for Hilander: we've fought back-to-back for integrity on the board) Hilander's assertion about the number of "my friends." That does not matter.
In my encounters with you?
You have attempted to insult a major player and benefactor of this board.
You have refused to answer innocent questions about terms you use.
You have called me out.
You have contributed to misinformation re "halted" and "suspended," which is a major disservice in your equivocation, as newbies might easily decide the terms are synonomous; yet, a given stock's future is decidely different following a suspension.
You are sadly mistaken that "know one cares."
The "unf'ing believable" part: Hilander is dead-on right about that--that's why I do have friends. I care about the distinctions...
DOH! what happened to your pledge to ignore me, lol?
So, is this halted or suspended?
Posted by explorer186 on :
BuyTex I see you have the same writing techniques as a basher. I wonder if you've ever been employed as one.
I will continue to use the word halted, until it stops being the norm. Should I be questioned as to the manner I use the word, I will simply reply I use it in its dictionary meaning. I notice you enjoy disrupting boards just for the sake of it. Don't you?
Posted by madmoney on :
Trading Halts and Delays Securities exchanges, such as the New York Stock Exchange (NYSE) and American Stock Exchange (Amex), as well as the Nasdaq Stock Market, have the authority to halt and delay trading in a security. A trading halt—which typically lasts less than an hour but can be longer—is called during the trading day to allow a company to announce important news or where there is a significant order imbalance between buyers and sellers in a security. A trading delay (or "delayed opening") is called if either of these situations occurs at the beginning of the trading day.
There are two types of trading halts and delays—regulatory and nonregulatory. The most common regulatory halt and delay happen when a company has pending news that may affect the security’s price (a "news pending" halt or delay). By halting or delaying trading, market participants can have time to assess the impact of the news. Another type of regulatory halt happens when a market halts trading in a security when there is uncertainty over whether the security continues to meet the market’s listing standards. When a regulatory halt or delay is imposed by a security’s primary market, the other U.S. markets that also trade the security honor this halt.
Nonregulatory halts or delays occur on exchanges, such as the NYSE and Amex (but not on Nasdaq), when there is a significant imbalance in the pending buy and sell orders in a security. When an imbalance occurs, trading is stopped to alert market participants to the situation and to allow the exchange specialists to disseminate information to investors concerning a price range where trading may begin again on this exchange. A nonregulatory trading halt or delay on one exchange does not preclude other markets from trading this security.
You can find out what stocks have had their trading halted on the NYSE, Amex, and the Nasdaq Stock Market, as well as on the OTC Bulletin Board.
The SEC does not halt or delay trading in a security for news pending or order imbalances, but it can suspend trading for up to ten days and, if appropriate, take action to revoke a security’s registration. For more information about the SEC’s authority to suspend trading in a security, please read "Trading Suspension! When the SEC Suspends Trading in a Stock" in our Fast Answers databank.
Give it up explorer, He's RELENTLESS, when it comes to making distinctions (thats why this is the number one place for a newb to go and get reliable info.) and to make a minor distinction that is not pumping ego's, thats just the facts. go on about your business and have a happy day!
Posted by explorer186 on :
Thanks for the clarification madmoney, but I'm afraid I'm going to have to sear you on the DDSI board. Maybe tomorrow if I see it's still necessary. LOL I'm done. GN all.
Posted by madmoney on :
quote:Originally posted by explorer186: Thanks for the clarification madmoney, but I'm afraid I'm going to have to sear you on the DDSI board. Maybe tomorrow if I see it's still necessary. LOL I'm done. GN all.
just trying to put it to rest explorer186, as for ddsi, not overly impressed with the filing that was posted but to be honest i have not yet read the actual filing, just the post. will correct if needed. GN.
Posted by BuyTex on :
quote:Originally posted by explorer186: BuyTex I see you have the same writing techniques as a basher. I wonder if you've ever been employed as one.
I will continue to use the word halted, until it stops being the norm. Should I be questioned as to the manner I use the word, I will simply reply I use it in its dictionary meaning. I notice you enjoy disrupting boards just for the sake of it. Don't you?
a BASHER! yaaa haaa
omg, you remind me of "bernard" in the movie "Billie Jack."
forget the dictionary, man. I use the dictionary when editing...
ooo hoo haa yAAA! do you think CEOs of suspended stocks look in the dictionary and then put out a PR saying they've only been halted?
puh-leeze tell me you're an alias for an old friend who's pulling my leg--you simply can't be serious....
ohhhh, my sides are hurting....
Posted by *Magnetic*Microspheres* on :
I've never seen BT use this tool! From what I see he is here helping others yet some people bash his intentions; why?
Posted by BuyTex on :
quote:Originally posted by madmoney: Trading Halts and Delays Securities exchanges, such as the New York Stock Exchange (NYSE) and American Stock Exchange (Amex), as well as the Nasdaq Stock Market, have the authority to halt and delay trading in a security. A trading halt—which typically lasts less than an hour but can be longer—is called during the trading day to allow a company to announce important news or where there is a significant order imbalance between buyers and sellers in a security. A trading delay (or "delayed opening") is called if either of these situations occurs at the beginning of the trading day.
There are two types of trading halts and delays—regulatory and nonregulatory. The most common regulatory halt and delay happen when a company has pending news that may affect the security’s price (a "news pending" halt or delay). By halting or delaying trading, market participants can have time to assess the impact of the news. Another type of regulatory halt happens when a market halts trading in a security when there is uncertainty over whether the security continues to meet the market’s listing standards. When a regulatory halt or delay is imposed by a security’s primary market, the other U.S. markets that also trade the security honor this halt.
Nonregulatory halts or delays occur on exchanges, such as the NYSE and Amex (but not on Nasdaq), when there is a significant imbalance in the pending buy and sell orders in a security. When an imbalance occurs, trading is stopped to alert market participants to the situation and to allow the exchange specialists to disseminate information to investors concerning a price range where trading may begin again on this exchange. A nonregulatory trading halt or delay on one exchange does not preclude other markets from trading this security.
You can find out what stocks have had their trading halted on the NYSE, Amex, and the Nasdaq Stock Market, as well as on the OTC Bulletin Board.
The SEC does not halt or delay trading in a security for news pending or order imbalances, but it can suspend trading for up to ten days and, if appropriate, take action to revoke a security’s registration. For more information about the SEC’s authority to suspend trading in a security, please read "Trading Suspension! When the SEC Suspends Trading in a Stock" in our Fast Answers databank.
good post, mad...italic emphasis mine...
Posted by Darkhawk on :
Hope everything's better in the morning light. FYI explorer, I never saw Buytex bash, on the contrary, his posts are helpful to a newbies like me. But can we go back to the thread now? I'll even write 2 posts to separate this comment and what I have to say next.
Posted by Darkhawk on :
Ok, facts people, facts.
First of all, The trading was suspended. Then GRYF came with a full disclosure, which might look good. I didn't do much DD on the disclosure and thought I would wait the outcome. Well, the outcome seems to be trading resumed on grey market only.
Now we have no PR from GRYF. The answering machine says "the suspension has been lifted, you will be kept informed". Well, it's been 3 weeks now and we have nothing. And the voicemail is full, we can't leave another message.
I decided to give a good look at the disclosure and noticed some things. Fisrt, there is a letterhead for Greyfield which says Herndon, VA and phone # are in area code 250. Well, VA is Virginia and never has the company said they were there (it was Nevada or Oregon). Then, the 250 area code is for British-Columbia. Why is it with an address in Virginia?
Also, all other phone # I could find in the disclosure are not working anymore, except the IR with the full voicemail.
I sent emails to info@autorama and to Dennis Hewins, the guy who sold Autorama to GRYF but was still working there. No answer so far. I even put a flag on it so I'll be warned when the message got read. Guess what, nothing! Ok, it can mean they deactivated the follow-up, but maybe they just didn't read my emails.
Then I call their T/A. Very nice lady. She told me she hadn't heard of GRYF since the suspension. She has no # to reach them. Nothing has change in the O/S and things like that. She heard that the dealership were still business as usual. She told me also that maybe the SEC delisted them from the OTC and this is why this is traded on the grey market. GRYF would have to reapply to be able to trade again on OTC.
Those were the facts. Now to my opinion. There i a lot of bad there. The suspensionj is lifted, but nobody heard from GRYF, even the T/A. Phone # are no longer working, except one with a full voicemail. It's possible no one read emails anymore.
The only good I see in this is GRYF gave a full disclosure (why would they do that if they were total fraud). The dealerships seem to be in operation.
Then, MAYBE they're trying to reapply to trade on OTC. That, we won't know. Can MMs give us that information?
This doesn't look good to us shareholders. But, I'm learning a lot and I'm sure it will help me on future investments.
GLTA!
Posted by George on :
No one ever said this was a total fraud...However they were very misleading. Go look into MDGM - used to be UDVE. These was also another mess created by the same guy behind GRYF, Robert Doherty. There are also a lot of the same problems. Like where are they actually located, why they do not answer the phone etc...same guy same trouble...Promised divies, then sold shell and disappeared.
Posted by George on :
This post from MDGM thread..Robert Doherty is the master mind..He is the one that left GRYF (old management they talk about in the PR being replaced).
Dear,
It seems that GRYF shareholders have similar issues as we have with a former R Doherty 'holding'. I posted this on their thread :
**************
Dear,
I've send the following to the NASD and SEC. I'm posting in the MDGM used to be UDVE thread. It seems that we have a common element in both your and my story.
**************************
Subject : Complaint UDVE/ MDGM Date : 08/21/2005
To :
Mr. Aldins Lapins -
Branch Chief Office of Investor Education and Assistance Securities and Exchange Commission
Cc :
Ms. Patricia A. Clem -
Assistant Director Market Regulation NASD, Inc.
Dear,
Your name was given to me by the NASD. I already had filed a complaint/tip with your organisation end July and I am unaware if this is currently being handled (ref. your discretion clause).
I found out this weekend that Mr. Doherty was involved in Greyfield (GRYF) as well. This stock seems to be currently under SEC investigation. So Mr. Doherty has/had besides his activities in mining as well something going on in cars. Makes you wonder what else will follow.
*July 5, 2005 Greyfield Announces Resignation of Robert Doherty
Greyfield Capital, Inc. (Pink Sheets:GRYF) announces the resignation of Robert Doherty, effective from July 1st, 2005.
The new management team at Greyfield Capital will strive to have an open relationship with all of its shareholders. A number of innovative initiatives will now be launched. Within the next few weeks, the company will activate an investor relations hotline and shall also initiate the hiring of an outside investment relations firm to increase investor awareness of the company.
********************* I found this relevant enough to mail to you.
In addition I would like to state that as a shareholder, I have written Mr. Doherty and MDGM on several ocassions mails. Mr. Doherty replied with a standard message somewhere mid July and has not replied any further questions I have asked him. MDGM management : no reply. I assume that both parties do not wish to interact with their shareholder.
This leaves me to conclude that my only hope on getting clarification if I will recieve my+ $25000 cash dividend and if I'm entitled to claim that I owe + 1.4 % of the former UDVE company is via your organisation. I hope you find enough elements in my communications (and probably, referring to some posts I saw on messageboards, some complaints from other shareholders) to investigate the UDVE/ R. Doherty/ MDGM story.
Kind regards,
xxxxx
Posted by peyton976 on :
you guys say " trading on the grey market" whats that mean, is it a actual market or a term. why is it sometimes you see the trades go through since the suspention, and the value of our account goes up or down. thanks for info.
Posted by George on :
Grey market means you have to find someone to buy from or sell to. You have to go through your broker.
“Grey Market”
Definition: Grey Market isn't really a market. Rather, grey market is used to refer to an unofficial marketplace. For instance, trading equity shares outside the purview of a stock exchange would be called trading in a grey market.
Posted by stokker on :
GEO, I think RD isn't responsible of the GRYF's troubles, he resigned before the fakes press releases because he knew the intentions of the new management: fakes PR to pump the stock and the consequent suspension, IMO.
I think he is out of this story, he wsn't in accord with the new management, IMO.
Posted by vwcruisn on :
this sucks
Posted by explorer186 on :
Tell me about it.... I got hit twice by this and SSTY.
Posted by vwcruisn on :
up 700% woo hoo... haha
Posted by vwcruisn on :
wow.. scottrade is letting me sell!!
is this thing alive?
Posted by George on :
did your sell go through?
Posted by vwcruisn on :
no i should try a test tho (my sell is too high)... but.. before when i tried to place a sell ... it wouldnt let me.. it said something like "this security is currently unavailable for trading"
Posted by vwcruisn on :
anyone getting L2s?
Posted by George on :
No L2's...
Posted by fishfarmer on :
I put in an online order with scottrade at .004 and they took it, but the streamer bid/ask hasen't changed.
Posted by George on :
What was the last price before the freeze?
Posted by reidler88 on :
did anyone actually get to sell any shares at the .004 or .003 mark,,????
Posted by jack85 on :
I have an order at .003, but its not going through
Posted by fishfarmer on :
Didn' go through or hasn' sold?
Posted by jack85 on :
Hasn't sold.
Posted by fishfarmer on :
For what its worth I called my scottrade broker and was told the bid ask on the streamer is correct so I'm assuming you can sell at .0016
Posted by vwcruisn on :
hmm .0016 thats tempting.. i could get half my money back.. what are you all planing on doing?
Posted by jack85 on :
I was planning on selling, but it seems like its dead again.
Posted by fishfarmer on :
Why don't one of you rich guys with mils of shares put in just a few at .0016 and see if it actually sells. Posted by fishfarmer on :
quote:Originally posted by jack85: I was planning on selling, but it seems like its dead again.
What are you trying to get?
Posted by jack85 on :
Trying to get out. I lost with this one, but getting back at least half would be fine.
Posted by fishfarmer on :
I have an order to sell at .002. no sale yet
Posted by explorer186 on :
[Unbelievable. Here is a post from IHub.]
Posted by: Runners In reply to: None Date:8/24/2005 3:34:29 PM Post #of 370893
GRYF got my 5 mil share buy filled yesterday & today at .0002!!!
Posted by Vlad4 on :
any updates on this stock? there is volume, any l2s? it looks like it went up today to 0002 b/a is still the same though
Posted by Vlad4 on :
Was anyone able to sell at 0016?
Posted by jack85 on :
I've been trying for the past couple of days and its been unsuccessful. I guess I'm stuck with this one. Posted by Thorn on :
How do you guys pronounce this stock's symbol? Does it sound like "grief"?
Posted by jack85 on :
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