Put your seat belt on and strap yourself in for this ride .As soon as the panic sells are done the panic buys will start . The news is now in our favor ....the buy backs have already begun and the dividends have started .Nothing can hold it back ...not even the shorts .
Posted by Intimatrader on :
Tick tick tick
Posted by SYGY on :
picked up 10 mill early this week ,good luck!
Posted by Intimatrader on :
Tick tick tick Posted by TickTrader on :
Hey, you guys, what's a BDC doing on the pinks? Fully reporting?
I like BDCs with a mission. I need to check it out. Got anything on it? Any focus for their acquisitions?
Posted by Intimatrader on :
Whats a BDC ?
Posted by TickTrader on :
business development corporation - handled differently with regs, but I didn't know there were any on the pinks.
Are they claiming BDC status?
Posted by TickTrader on :
I see a lot of heady reading to do on this one. What's the deal?
Posted by TickTrader on :
Interesting... down for a.m. I like tickers.
Need sleep. GLA
Posted by TickTrader on :
lol... puffer fish? or killer whale? I like shark-eaters.
Nite.
Posted by Intimatrader on :
That missing PR on the 2nd divi is not on pink sheets.com yet
Posted by Intimatrader on :
Why do some say there was a sell off ...
For people to sell does there not have to be just as many to buy ....
And besides ...how do we know it is not buying back or MM's shorting the stock that tempararily holds price down ....
And alot of people do not know about the 2nd dividend yet...as it did not show up in a PR on " pinksheets .com " but rather yahoo finacials .
I want to know if it is MM's shorting or the company buying back bulk shares .....
How can we find out for sure .....?
Posted by pksinvestor on :
hey i was just reading about this one last night. they did a buy back of 454 million shares in 5 days because their stock is 'undervalued'.
the reason they issued them in the first place is so they could buy some companies to sell last year.
now i guess they have extra cash and decided to spend 50k buying back shares.
so, i dunno if this is good news or bad. was thinking about buying some..
Posted by Intimatrader on :
Yes PKS ..I have some too ..
The news so far is this ...... The stock has been heavily shorted in the past and might be again now ...their 52 week high was .25 cents ......What they have been working on for awhile now { has now come through it seems } and we get divivdends and more to follow .
We now get two sets of dividends and I believe they are working on more .
Now the stocks sits at .0001 but I think that might be malnipulated . Meaning MM activity or might be part of a method for the company to buy back shares at the lowest possible price ...then let it move up .
PENNY FOR YOUR THOUGHTS
Posted by pksinvestor on :
then seems like a good time to buy
Posted by Intimatrader on :
Well it does to me PK ......
Risk against gain .....and I have thought about this long and hard ....I do think it is a buy .
In a few days perhaps we will know what is keeping price down .......and watch it start to move up
But for now it is puzzling to me .Becouse the stock is obvoiulsy worth more the the price right now .
Many stocks are either over priced or under priced and thats a given ......But knowing for sure what is keeping this price down would make a big difference in how many shares I purchase ...
For example .....it might be delution , it might be shorting of the stock , or it might be the company buying back more shares that keeps the price down .
I doubt it is delution as that makes no sense when they have announced to buy back shares .
So that leaves MM's shorting this stock or the buy back process .
If it is the MM's shorting ..well that sucks and keeps price down for a bit ...but it also means the price will move up when they want it too .
If it is the buying back of shares .....Then that is by far what we want ....it means the company gets as many shares as possible for the money and that the price will move up when they are done ....And for several reasons .......per share value will be higher , the stock will be able to breath & move as it wants and the positive news will once again effect the stock .
PENNY FOR YOUR THOUGHTS
Posted by rimasco on :
why would the MMs short at 0001? lol where are they gonna cover? as far a buy backs vs dilution i believe (correct me sombody if im wrong) they coulda announced buyback to dilute 100 times what they said they were buying
Posted by Intimatrader on :
Then it is the buy back process .......And that would be the best possible answer .
But some say that the MM's can and do short at those levels . What is the truth then on that ?
Posted by Intimatrader on :
Tick tick tick .....
Just a matter of time ...Do you have enough shares ?
Posted by rimasco on :
i have a shltload....and have resorted to prayer and meditation!
LOL gl
Posted by Intimatrader on :
To funny....I also use prayer and meditation ....
I pray to have further gains next week on certain stocks to buy more AWBV ..
Then I meditate on searching , finding and researching the next AWBV type stock .
Posted by Egg Inspector on :
Intim...you have found it. JMPC
Posted by pksinvestor on :
yea i was wondering how many shares could they possibly have outstanding if they bought back over 450 million in 5 days. must have several billion out?
anyways they said they'd keep buying until their stock rose to a good level. they think its undervalued, so maybe they aren't completely full of it.
Posted by Intimatrader on :
This is one of the safest bets around .
Posted by Carp-Swing-Trader on :
.0001, .0001, ect, ect, ect
Posted by Intimatrader on :
So what ...it's at .0001
Been there before too ...
Won't be the only stock to ever dip to that and change direction .....
The guestion is ..Are you smart enough to buy before it changes price .....
You can always buy after it starts moving up ...so no big deal .....Just more profit here .
Posted by Intimatrader on :
Awesome .....all we do now is wait and accumulate .
tick tick tick Posted by Intimatrader on :
Awesome .....all we do now is wait and accumulate .
tick tick tick Posted by mattn on :
might jump in on monday?
Posted by Intimatrader on :
Smart ......
Posted by mattn on :
How does the dividend work if I get in before the first of july?
American Way Business Development Corp. Announces Special Dividend to Shareholders Thursday June 8, 10:20 am ET
BOCA RATON, FL--(MARKET WIRE)--Jun 8, 2006 -- American Way Business Development Corporation (Other OTC:AWBV.PK - News) ("AWBV") announces today a special dividend to shareholders of record as of July 1, 2006. This is the second of the special dividends promised to shareholders last year. Specifically, AWBV has set aside restricted shares of its subsidiary, Rejuvenations by Robert Palumbo, Inc. (the "Subsidiary"), for the benefit of shareholders of record as July 15, 2006 at a ratio of one share of the Subsidiary for each 10,000 shares of AWBV with a special bonus for small shareholders which provides them a minimum of 1,000 shares of the Subsidiary. ADVERTISEMENT
"About American Way Business Development Corporation" AWBV specializes in the acquisition and sale of small private companies. After a partial divestment in a subsidiary, AWBV maintains an ownership interest in these companies thereby building value for AWBV as its affiliates continue to grow. Ultimately, AWBV lends strategic support to assist growing enterprises in setting and meeting strategic and financial objectives.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: Contact: American Way Business Development Corp. Don Platten 561-962-4124 donplatten17*aol.com http://www.americanwaybd.com Posted by mattn on :
I know this has already been seen by you guys. Just tryin to help>
Posted by mattn on :
Can I get another star for effort. lol!!!
Posted by Intimatrader on :
You have till july 15 th to buy and get the dividend shares .......but ....there is also a second dividend that you will get .......that info has not shown up on pink sheets.com yet so most people are not aware of it .You will find PR on the 2nd AWBV dividend posted on yahoo financials .
Posted by Stockpile on :
So what they are saying is AWBV helps small company's get started. Then when they are ready to go out on their own you get 1000 shares of that small company. Even if they get listed on the NASDAQ , OTCBB or Pink Sheets. They could Start out at $4 or $5 a share!!! I like this! Posted by Intimatrader on :
Good point stockpile ...
I forgot about that little fact ..Hope everyone takes notice of that ....That is another direction to a possible nice gain .
Posted by mattn on :
Hell yes Im in for sure
Posted by BooDog on :
Just a bit of what I have found.
In following the PR's this "dividend" has been advertised for May, Then corrected for Jun, and is now set for July. How hard is it to buy back 454m shares at .0001? And with all the splits.
2004 600M shares, 60M outstanding...from their website american-way dot biz. Not sure where they are now. americanwaybd dot com/resource_links dot html doesn't show any financil position that I could find.
IMO this is going to take much effort to get to a profitable trading point. Do not base any of this info on your decision process, It is wise to do your own DD.
[ June 11, 2006, 08:53: Message edited by: BooDog ]
Posted by Wit on :
Just trying to make some sense of this.
The thing I'm concerned about here with this one is a repeat of what the MM's do with Paim. It's at the same price. They like playing with these 0.0001's.
Many in that one say they can't buy or sell, they manipulate it so much, they practically own it. They push it back an forth up a tick, down one tick over & over again.
I would like to hear any views on this....
Posted by Intimatrader on :
BOO DOG ...there is two dividends now .
But if you read from pink sheets .com you only see one .Someone forgot to put the second divi PR out on pinksheets.com .
The first recent PR on a divi said may 15th for record date ...but the PR came out after that date so I knew it was an error . I wrote the company that day about the error and the next day they put out the correct date in a new PR titled " correction " . The new date for the first divi is june 15th .
And now a PR came out just last week on a second divi with record date of july first . This PR was found on yahoo financials .
It is also possible that a third divi will arrive soon .
To me the stock was already very under valued so I am not sure why it went lower with very good news . My best guess is that it has to do with the buying back of shares . My second guess would be MM's .
And keep in mind ...that most people watch pinksheets .com for the latest news on a company ......But this is the first time I have seen them not show a PR first . I call it the missing PR on the second AWBV dividend . It's just a fluke { no big deal } but it will be interesting to see what happens when second divi info hits on pinksheets.com.
Posted by BooDog on :
Thanks for the clarification. This could be like a blue light special, kickbacks for investors every couple months. I'll be keeping a light on it.
Posted by Intimatrader on :
Tick tick tick .....just a matter of time
Posted by TickTrader on :
Hey Intima,
I'm in to make a point. Not sure about staying to play long, though.
Posted by Intimatrader on :
Why not be trader and investor .....Some for short and some for long .......Longer term can be very smart .
Posted by Intimatrader on :
Tick tick tick .....three days left and two divi's to go Posted by pksinvestor on :
just tried to buy some from scottrade. got this message "Buys are not allowed for this security. Please call your local branch to place the order."
anyone else have problems?
Posted by mdofmny on :
Just call them and they should be able to place it. Some people had this problem with scottrade. I am still holding ten million shares of this. It s a big gamble so watch it.....
Posted by pksinvestor on :
yea i called them. they said the company has a sell-only flag on that one cuz of the financial volatility of the company.
Posted by TickTrader on :
no problem buying
pksinvestor, seems like scottrade does that a lot.
Posted by Intimatrader on :
I don't think it is a gamble .
I just don't have any doubt about it moving up . No doubt at all . Can stay at .0001 for weeks or months for all I care ...I'm sure it will move up .
Posted by mdofmny on :
yeah its a weird one....had over 3 billion in volume a few weeks ago jumped up to .0005 then plummeted to rock bottom again....lotto ticket for sure
Posted by TickTrader on :
pksinvestor, I thought any kind of volatility on anything made for a good trade.
Posted by Intimatrader on :
Three stocks in transsition ready to move
AWBV VWKM JMCP
Posted by Intimatrader on :
Tick tick tick
Posted by pksinvestor on :
yea i like this company. i'll just have to keep trying to buy.
Posted by Intimatrader on :
Why would someone buy 10,000 shares at .0001 ?
Someone just did ....one dollor ....the trade fee is more than that .
And I saw that before ...before the last time it jumped up . Sounds like someone is signaling to someone or someones .
Posted by pksinvestor on :
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