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Author Topic:   CMKX .0001 good holding stock get in while its low
emunahstock
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posted May 09, 2004 13:50     Click Here to See the Profile for emunahstock     Edit/Delete Message   Reply w/Quote
DOG, CALL HIM ON MONDAY AND SEE IF IT DOESN'T SHED SOME LIGHT. You have brought us some great stocks and we owe you one back. I fully understand your concerns and I believe we are about to see a mircle in pennyland.

Investor Relations Contact: Melvin O'Neil
Toll free in U.S./Canada: 877-752-3755

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Bam Bam 17
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posted May 09, 2004 13:53     Click Here to See the Profile for Bam Bam 17     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by dardadog:

A LITTLE WHILE AGO?????? THAT INTERVIEW WAS IN FEB. 2003!!!!! YOU PEOPLE KNOW THAT I CAN DD THE HELL OUT OF ANYTHING!!!! HUTCHINSON ISN'T EVEN WITH CASAVANT ANYMORE!!!! HASN'T BEEN FOR MONTHS!!!! THIS AIN'T BASHIN' FOLKS. THIS IS THE STRAIGHT CHIT!!! THEY HAVE MORE ADVERTISEMENT BECAUSE THEY (CASAVANT) HAVE MADE A KILLIN' BOUNCIN' THIS THING!!! IF IT IS TRULY A LONG AS SOME CLAIM, THAN YOU SHOULD KILL THIS THREAD, PUT IT IN THE JUNK DRAWER AND CHECK BACK ON IT IN A YEAR. NOT HAVE YOUR WHOLE PORTFOLIO TIED UP IN IT.


Dr. Mark Hutchison said CMKX claims value about 40 to 80 Billion.

Dr. Mark Hutchison has been elected to the board of directors of UCAD CMKX JV Partner.
http://pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C04%5C28%5C40519210.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=UCAD

U.S. Canadian Minerals Inc. Announces New Board Member Election and Officer Appointment

LAS VEGAS, Apr 28, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTC BB: UCAD) announced today that Dr. Mark Hutchison has been elected to the board of directors of the company and Richard A. Taulli has been appointed the company's chief operating officer.
Hutchison graduated from the University of Edinburgh with bachelor of science honors in geology in 1993. For the past 10 years Hutchison has been working on diamond research and has in-depth knowledge of diamonds from the Juina area, having completed his Ph.D. on the subject in 1997.

Taulli graduated from the University of California Riverside with bachelor of science honors in mechanical engineering in 1972. Taulli was a member of the board of directors as well as corporate secretary of Juina Mining Corp. for more than three years.

Also, the management trip to Ecuador previously announced has been postponed by one week.

Further announcements regarding U.S. Canadian's business plan and other potential upcoming projects will be forthcoming in future press releases and in SEC filings issued by UCAD.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.

SOURCE: U.S. Canadian Minerals Inc.

CONTACT: U.S. Canadian Minerals Inc.
Christina C. Hanneman, 303-220-8476
--------------------------------------
May God Bless All.

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Bam Bam 17
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posted May 09, 2004 13:56     Click Here to See the Profile for Bam Bam 17     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by emunahstock:
DOG, CALL HIM ON MONDAY AND SEE IF IT DOESN'T SHED SOME LIGHT. You have brought us some great stocks and we owe you one back. I fully understand your concerns and I believe we are about to see a mircle in pennyland.

Investor Relations Contact: Melvin O'Neil
Toll free in U.S./Canada: 877-752-3755


I second that thought. Thank Dog to you on other DD you post.

May God Bless All.

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222222
New Member
posted May 09, 2004 14:24     Click Here to See the Profile for 222222     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Bam Bam 17:
Dr. Mark Hutchison said CMKX claims value about 40 to 80 Billion.

As long as no diamonds are found that can be mined with profit
the CMKX claims are worth a little over 0 (nil) billions

Don't forget the costs associated with diamond exploration
and the low success rate in this business.

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joesturbo
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posted May 09, 2004 14:35     Click Here to See the Profile for joesturbo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by followmypicks03:
CMKX going to be much more than a daytrade that is why all you guys are pissing and moaning about buying at .0001 and selling at .0002 being hard.

If this is true, which I suspect is the majority of the issue with people here. Why not buy and place a sell order until 2005 at $10.00. This would tie up the shares and the "Manipulation" of the stock would be limited. This would also force the volume down but also stabilize the price per share.

I don't claim to be an expert but this seems logical right? I am not looking for this to turn over overnight either - but the recent turn of events i.e. advertising - drilling etc. seems to point to a re-structuring of the way they do business. They have spent allot of funds on some fun things (race car(s)) and also mining equipment. I can't imagine even if someone wanted to run a scam would do such things, it would be pointless. Either way I would put limited funds in this company like I have and let the subject rest and wait it out. I can spend a couple of hundred of dollars on pointless items and not even remember where it went to the next day.

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Bam Bam 17
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posted May 09, 2004 14:45     Click Here to See the Profile for Bam Bam 17     Edit/Delete Message   Reply w/Quote
kimberlite thickness
« Thread started on: 05/07/2004 at 12:17:19 »
http://cmkmdiamonds.proboards27.com/index.cgi?board=questions&action=display&num=1083950239

1-When you say the kimberlite is the thickest in the region, what do you mean by region? Are you talking about the Smeaton area or does this also include the DB and SG kimberlites?

2-Does it also correlate that the thicker the kimberlite, the higher the quantity of diamonds?

3-Isn't it true that a more accurate measure of kimberlite/diamonds is not the thickness of the kimberlite but rather #of carats/kg of kimberlite. And if that measurement is high, then the thinkness of kimberlite would also be meaningful?

Re: kimberlite thickness
« Reply #1 on: 05/07/2004 at 14:56:03 »
Melvin O'Neil

yes to all the above
--------------------------------------
May God Bless All.

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emunahstock
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posted May 09, 2004 15:49     Click Here to See the Profile for emunahstock     Edit/Delete Message   Reply w/Quote
In the region where they are drilling and own land, 70% of Kimberlines have diamonds. So even though I agree that most mining comes up worthless, in this area the percentage is very high. Also, the arial equipment to find Kimberlines is constantly improving and the figures will only go up. From my understanding, a company would not send out so many samples and drill new wholes 100feet away if they didn't know from the samples that they have diamonds. It would be a waist of money. I don't think its realistic to look at this as a $10 stock. I would be plenty happy with .1 in 2005 but realisticly I look for .01-.03 this year if everything falls into play. Now if qbid reaches $4 with their current o/s count then that would open up an all new world for pennies to follow.

That is my opinion, take it or leave it for what its worth. Right now, only .0001-.0002 lol

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STAR GAZER
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posted May 09, 2004 16:01     Click Here to See the Profile for STAR GAZER     Edit/Delete Message   Reply w/Quote
I wonder how many shares we have accumulated
amoung us and also the people on the Raging Bull board. I have 14 million. It would be interesting to add up how many all of us together own. And that brings up the interesting point made by Trading Wizard. I had forgotten about it, but the MM's can and do manipulate the price of stocks and make money by keeping the price looowww. But if you put a sell order on your stock that is too high for them, then they can't use you shares to manipulate the stock. Trading Wizard suggests $2 and correctly says that if you want to, you can always raise the sell
price. However, if this stock all of a sudden
shot upward, however remote that chace is, then your stock could be sold before you could change the sell price. A previous post
stated that this stock could be worth $16.50
So even though it may sound silly, I would put the sell order in at $20, in fact I'm going to do that as soon as I finish posting this. If between us and Raging Bull we have enough shares, then it could be that it would
mess up the MM's and the stock might start climbing. Maybe some one here that is also a member of the Raging Bull board could also suggest this there. I have tried a couple of times to join it, but it says to send them my E-mail address and it gives a site to send
it to, but I have never been able to get into
the site and when I ask for further directions I don't get a reply. But whatever,
if we can tie up enough stock, it might start
climbing. PS. Just for the newcomers, don't put all your money into this stock, if it goes up, thats good, but there is a chance that this company is a scam, so keep that in mind. Still for a few hundred dollars, you can buy a bunch of stock, and if it takes off
you could make many many hundreds of dollars.

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Bam Bam 17
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posted May 09, 2004 19:34     Click Here to See the Profile for Bam Bam 17     Edit/Delete Message   Reply w/Quote
Bam Bam 17, I have 20.1 Million Long & strong

By: bullNbear
09 May 2004, 07:03 PM EDT
Msg. 219993 of 220033
Jump to msg. #
Peter Murphy reports on the hidden gems of Canada's north
http://www.ctv.ca/servlet/HTMLTemplate/!ctvVideo/CTVNews/canada_diamonds_040113/20040113/?hub=Canada&video_link_high=mms://ctvbroadcast.ctv.ca/video/2004/01/13/ctvvideologger1_143k bps_2004_01_13_1074050071.wmv&video_link_low=mms://ctvbroadcast.ctv.ca/video/2004/01/13/ctvvideologger1_45kbps_2004_01_13_1074050163.wmv&clip_start=00:00:31.03&clip_end=00:01:52.11 &clip_id=ctvnews.20040113.00048000-00048872-clip1&clip_caption=CTV%20News%3A%20Peter%20Murphy%20reports%20on%20the%20hidden%20gems%20of%20Canada%27s%20north&subhub=video


Urban Casavant, founder and Chairman of the Board of
CMKM is a native of the Prince Albert (Canada) area
and has been involved in the precious stone and metals
industry for over 17 years presenting a substantial
advantage over other diamond exploration companies.

With local knowledge and months of research of geological
/government reports of the Fort a la Corne area located in
central Saskatchewan, Canada, Urban set forth to stake
mineral claims in the hundreds of thousands of acres, most
contiguously and adjacent to known diamondiferous
kimberlite bodies owned and operated by other mining
companies, prior to forming CMKM Diamonds (formerly:
Casavant Mining Kimberlite International).

CMKM management believes the company’s future is bright as
diamonds. The Company now has over 1,000,000 (one million)
acres claimed in Saskatchewan which include Fort a la
Corne claims, Green Lake claims and zinc claims that
include the original George Lake Deposit (also known as
Brakewell Lake) with options for hundreds of thousands
more acres. CMKM Diamonds, Inc., recently initiated a
drill program, with confirmed results of one of the
thickest kimberlite bodies found to date in the Fort a la
Corne area. With ongoing drilling on additional targets
scheduled for diamond core drilling in the next few
months, CMKM has purchased additional equipment and
employed labor forces to allow year round drilling. As
aerial and ground surveys determine the probability of
targets, the company is prepared to purchase yet even more
equipment and labor to meet the demand of harvest. http://www.racingwest.com/news/story.php3/8679/index.htm
______________________________________
May God Bless All.

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joesturbo
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posted May 09, 2004 19:41     Click Here to See the Profile for joesturbo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by STAR GAZER:
I had forgotten about it, but the MM's can and do manipulate the price of stocks and make money by keeping the price looowww. But if you put a sell order on your stock that is too high for them, then they can't use you shares to manipulate the stock. Trading Wizard suggests $2

I would imagine this would work - anyone know of an instance that this worked out?

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Bam Bam 17
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posted May 09, 2004 21:26     Click Here to See the Profile for Bam Bam 17     Edit/Delete Message   Reply w/Quote
CMKX First Two Holes Drilled on Smeaton Property
5/5/04
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. are pleased to announce that the first two holes drilled on their Smeaton, Saskatchewan area property have encountered significant intersections of Kimberlite.
Hole number one entered Kimberlite at a depth of 410 feet and continued in Kimberlite to a depth of 903 feet for a total intersection of 483 feet. This intersection is one of the thickest to be encountered in the Fort la Corne area to date. Hole number two entered Kimberlite at a depth of 394 feet and stayed in Kimberlite to 640 feet for a total thickness of 246 feet.
Preliminary logging of the two holes was conducted in a secure warehouse and then split. The samples from the two holes were then transported to the Saskatchewan Research Council's diamond laboratory in Saskatoon for analysis.

May God Bless All.

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Upside
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posted May 09, 2004 23:41     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by STAR GAZER:
quote:
PS. Just for the newcomers, don't put all your money into this stock, if it goes up, thats good, but there is a chance that this company is a scam, so keep that in mind. Still for a few hundred dollars, you can buy a bunch of stock, and if it takes off
you could make many many hundreds of dollars.

Now that's a fair and balanced statement. I wish more would post in that manner, I guess myself included. Tend to get a little heated up at times about this stock. Regarding the thought of everyone here putting high sells in, it was tried last fall here and quite a few participated. One problem we ran into was some brokerage houses wouldn't accept the orders because the market makers rejected them as being unrealistic. If I remember correctly, they were rejected if they were over $1.00.

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emunahstock
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posted May 10, 2004 00:23     Click Here to See the Profile for emunahstock     Edit/Delete Message   Reply w/Quote
Can you find me in writing that if I put my sell order high they can't short it. I have never seen this in clear print and it seems more like rummer.

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budgie
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posted May 10, 2004 03:48     Click Here to See the Profile for budgie     Edit/Delete Message   Reply w/Quote
not bashing here, i am a shareholder, but is anyone else conserned that their headquarters are in los vegas. I mean it fits with us takign a gamble with them, but just makes me a little nervous. Anyone have any takes on this

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PAUL
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posted May 10, 2004 08:34     Click Here to See the Profile for PAUL     Edit/Delete Message   Reply w/Quote
I have sold at .0002 in the last few months. It took it popping to .0003 to do it.

I have bought at .0001 recently. So we will see if I am able to sell at .0002 if it pops again.

I think it will.

When I was looking at the charts a while back it looked like there were several opportunitis in the last year to sell at .0002.

PAUL

quote:
Originally posted by dardadog:
WHEN IS THE LAST TIME ANYONE WAS ABLE TO BUY THIS AT 0.0001 AND SELL IT AT 0.0002? REALLY? IF THAT WERE THE CASE, I WOULD BE PLAYING THIS THING CONSTANTLY FOR THE DOUBLE. IT AIN'T HAPPENIN' FOLKS. ANYONE SAYS IT IS, IS LYIN'.


------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.

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Mighty
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posted May 10, 2004 09:50     Click Here to See the Profile for Mighty     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by emunahstock:
In the region where they are drilling and own land, 70% of Kimberlines have diamonds. So even though I agree that most mining comes up worthless, in this area the percentage is very high. Also, the arial equipment to find Kimberlines ...


Okay, I know this might seem a bit pedantic, but having read your posts on the CMKX site and here, I thought that you would eventually spell it right. It is kimberliTe.

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emunahstock
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posted May 10, 2004 10:01     Click Here to See the Profile for emunahstock     Edit/Delete Message   Reply w/Quote
lol

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STAR GAZER
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posted May 10, 2004 11:01     Click Here to See the Profile for STAR GAZER     Edit/Delete Message   Reply w/Quote
Upside, you were right. I went to my Ameritrade site and they cancelled my order to sell at $20. I wqill try again with $.99
It seems to me that even $.99 would stop the MM's. Thanks for the info.

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chshore
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posted May 10, 2004 12:50     Click Here to See the Profile for chshore     Edit/Delete Message   Reply w/Quote
I just bought 750K shares. Its a small gamble, but it could have a nice return.

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pharmdman
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posted May 10, 2004 12:56     Click Here to See the Profile for pharmdman     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by STAR GAZER:
Upside, you were right. I went to my Ameritrade site and they cancelled my order to sell at $20. I wqill try again with $.99
It seems to me that even $.99 would stop the MM's. Thanks for the info.

I have GTC orders in for $.50, $1, and $2... they've been there for weeks

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flashovertx
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posted May 10, 2004 13:07     Click Here to See the Profile for flashovertx     Edit/Delete Message   Reply w/Quote
Im wanting to buy this stock as a recreational buy. I was wanting to hit it at .0001 but now its hanging at .0002. should i go ahead and buy or wait and see if it will drop back to .0001? any thoughts?

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tigerontop
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posted May 10, 2004 13:23     Click Here to See the Profile for tigerontop     Edit/Delete Message   Reply w/Quote
If you buy at .0002 then someone else will post that they to have sold at .0002 as well and that will be the....what 3rd this month? LOL
quote:
Originally posted by flashovertx:
Im wanting to buy this stock as a recreational buy. I was wanting to hit it at .0001 but now its hanging at .0002. should i go ahead and buy or wait and see if it will drop back to .0001? any thoughts?

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Bam Bam 17
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posted May 10, 2004 13:26     Click Here to See the Profile for Bam Bam 17     Edit/Delete Message   Reply w/Quote
CMKX conformation from Melvin!
I know were sitting on the LARGEST diamond find in the world and if you wanna be part of it that's ok.
http://cmkmdiamonds.proboards27.com/index.cgi?board=questions&action=display&num=1084199068

May God Bless All.

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tstruck02
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posted May 10, 2004 14:07     Click Here to See the Profile for tstruck02     Edit/Delete Message   Reply w/Quote
I am new to all this. I wanted to get into this for .0001 but my order didn't fill friday and hasn't today.
I thought I'd throw 50 at it and see what happened.
Too bad we can't flip it more. That would be fun.
T

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Upside
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posted May 10, 2004 14:15     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
In my opinion, this stock is impossible to flip. As I've said before, I've had a gtc sell order in at .0002 for almost four months now and it hasn't filled yet. Good luck if you try it though!

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emunahstock
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posted May 10, 2004 14:21     Click Here to See the Profile for emunahstock     Edit/Delete Message   Reply w/Quote
Re: Hole #4
---------------

Hole #4 has been competed. went down to a depth of 700ft. Hit Kimberlite at a depth 0f 400ft and ran out of it at a depth of 700ft= 300ft of kimberlite.

Further up-dates will come as they happen )

Thanks
Melvin

P.S. WHAT BROKER ARE YOU BOYS USING? I BOUGHT ON FRIDAY AT .0001 AND I SOLD IN THE LAST FEW MONTHS. GRANTED ITS NOT EASY TO SELL BUT IT IS POSSIBLE AND CERTAINLY WILL BE WHEN THE NEWS COMES OUT.

P.P.S. For whatever my opinion is worth, right now .0001-.0002 lol

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VNGNTN1
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posted May 10, 2004 14:27     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
UPSIDE & Others
True, a Limit can't be placed over .99 and most of us don't care, but the real problem with trading is the certificate issue which a lot of brokers can't put up with. This was supposed to be fixed with the symbol change CMKI to CMKM and wasn't, then another change to CMKX don't believe a reason was stated on that one.
This stock can't trade (except by some insiders) if a hard certificate is required on every trade. Imagine mailing stock certificates each day for volume generated since last September. The postage alone would consume millions of dollars.
VAN

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VNGNTN1
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posted May 10, 2004 14:35     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
ACTUALLY
Calling on my previous experience as a printer, most stock certificates are 8"x11" printed on 60# coverstock.
4bil / 1000 = 4m x 60 = 240m# (at this point I doubt mailing is an option)/45000#trucks=5333 trucks per day. Traveling to Colorado from all over US.
VAN
Sorry it's been a number of years since I calcualted paper weights I used 60# /1000 od 8x11 actually you get 8 out of a 23x35 so Divide by 8=666 trucks per day

[This message has been edited by VNGNTN1 (edited May 10, 2004).]

[This message has been edited by VNGNTN1 (edited May 10, 2004).]

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Upside
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posted May 10, 2004 14:38     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by VAN:
quote:
UPSIDE & Others
True, a Limit can't be placed over .99 and most of us don't care, but the real problem with trading is the certificate issue which a lot of brokers can't put up with. This was supposed to be fixed with the symbol change CMKI to CMKM and wasn't, then another change to CMKX don't believe a reason was stated on that one.
This stock can't trade (except by some insiders) if a hard certificate is required on every trade. Imagine mailing stock certificates each day for volume generated since last September. The postage alone would consume millions of dollars.
VAN

I thought that did get corrected with the last symbol change. I know for a while Ameritrade wasn't accepting buy orders because CMKM was certificate only but I thought they were now. Could be wrong, I havn't tried to buy any recently. Boy, imagine if all of those certs. did have to be mailed. It would sure solve the problems of the U.S. postal service in a hurry

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VNGNTN1
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posted May 10, 2004 14:41     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
WHICH BRINGS TO MIND
A certificate has at least two colours of ink and would sell for about$250/k. Assuming 500b O/S / 1000=500,000,000 x 250= 1.25b$ of course they probably get a volume discount.
VAN

[This message has been edited by VNGNTN1 (edited May 10, 2004).]

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Upside
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posted May 10, 2004 14:44     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
Anyone know of a good ink company to invest in?

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VNGNTN1
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posted May 10, 2004 14:46     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
TO ALL NEWBIES & those INVESTING WITH EMOTION
PLEASE do not take my last few posts as bashing all the "positive PR releases" on the mining aspects of CMKX operations.
VAN

[This message has been edited by VNGNTN1 (edited May 10, 2004).]

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tstruck02
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posted May 10, 2004 14:50     Click Here to See the Profile for tstruck02     Edit/Delete Message   Reply w/Quote
I have trading direct and they quote it at .0000 what? I also quoted it at Yahoo. Its been jumping between .0001 and .0002 all day on yahoo. I should probably get level 2 service or something.

I'll go along for the ride if I can get filled
T

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WWJD-thru-me
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posted May 10, 2004 15:00     Click Here to See the Profile for WWJD-thru-me     Edit/Delete Message   Reply w/Quote
I do have CMKX and this is what we know. They have Kimberlites on much of their claims. About 70% of the kimberlites in the region have diamonds. I think they do have diamonds. If the claims value is 40-80B as some specualate lets see what the stock price would be. We will use $40 Billion as the value of the diamonds.
_________OK now the math_____________________
500,000,000,000 shares thought to be outstanding. That would value the shares around .08 each. BUT they don't own all the rights to the diamonds. They have sold percentages of the claims. I have been thinking they only own 25%-it may be more than that but using 25% of the .08 brings us to .02.
--------------More Math----------------------
We need to factor in the cost of mining the diamonds. I have no clue but will use 25% because it seems reasonable. That would bring us to a value of around .015 a share which would be a significant gain from .0001.
--------------------------------------------- There is possible good news in all this. The share count may be much lower if they have been buying back shares. The claims may be worth more than $40B.

The flip side is there may be more than 500B shares out. The claims may be worth less or just plain worthless.

_____________________________________________
I like this stock as a fantasy stock. I like to think about it going to .10 and letting me play my guitar and visit friends and family more often instead of working. But I don't like to see posts about this going in the dollar range. I wish! but I so seriously doubt it and don't want anyone putting money they can't afford to lose in this long shot. Best of luck to all of us. I hope the news is awesome, the share count low and buy back of shares done. It would be wonderful. DD-IMO-Debi
---------------------------------------------
PS-I welcome replies about the math, assumptions used, etc.

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VNGNTN1
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posted May 10, 2004 15:53     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
OK
Nobody called me on my logical onefacet explanation of costs due to printing. This excersize was to show how one missed point can really affect the outcome of a stock. The truth is no one here is really onsite/in theknow And so everyone guesses alot. Although the cost of printing share certificates is pretty high there can be any denomination placed on the paper ie:1,10, 100, 1000,10000, 1OOOOOO
VAN

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Bo14172
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posted May 10, 2004 16:11     Click Here to See the Profile for Bo14172     Edit/Delete Message   Reply w/Quote
Debi, good post.

.0002 over the past 4 trading days has held nicely. Unless I'm mistaken, the .0001 close today occurred on a whopping $15.00 trade. Bo

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Bo14172
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posted May 10, 2004 17:29     Click Here to See the Profile for Bo14172     Edit/Delete Message   Reply w/Quote
Recent Trades - Last 10
Time Ex Price Change Volume
16:07:30 Q 0.0002 - 1,000,000

16:07:30 Q 0.0002 - 1,000,000

16:07:30 Q 0.0002 - 1,000,000

16:07:30 Q 0.0002 - 1,000,000

16:07:30 Q 0.0002 - 1,000,000

16:07:30 Q 0.0002 - 1,000,000

16:07:30 Q 0.0002 - 500,000

**15:58:21 Q 0.0001 -0.0001 150,000

15:57:57 Q 0.0002 - 200,000

15:56:54 Q 0.0002 - 5,250,000


** Listed close

[This message has been edited by Bo14172 (edited May 10, 2004).]

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STAR GAZER
Member
posted May 10, 2004 20:48     Click Here to See the Profile for STAR GAZER     Edit/Delete Message   Reply w/Quote
Bo14172 you're right. The stock spent most of
the day in the .0002 range with just short periods at .0001 and closed at .0001 on a tiny trade. Just a few days ago, when it would get up to .0002 it would only stay there for a short time and spent most of the day at .0001 or ALL the day at .0001 It could be building a base at .0002 Maybe someday soon it will start poking its head up
to .0003 and then even higher.
PS. Ameritrade cancelled my sell order at .99
within minutes of my putting it in. I then put in a sell order at .099 (what would still
be a hugh gain) and that one they didn't cancel.

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joesturbo
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posted May 10, 2004 21:00     Click Here to See the Profile for joesturbo     Edit/Delete Message   Reply w/Quote
Rumor of a news release in the AM about the 4th hole - hit Kimberlite for several hundred feet and is completed...

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STAR GAZER
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posted May 10, 2004 21:28     Click Here to See the Profile for STAR GAZER     Edit/Delete Message   Reply w/Quote
According to the Raging Bull board, Alphatrade showed a trade going through at .0002, 7 minutes after the market closed.
With the stocks pick up in volumne and increase in price, it could mean that we are getting close to a news release that will say if any diamonds have been found. (With the price increase in the stock, that sounds like it would be: yes we have found diamonds) Getting away from diamonds for a minute, CXMKX also has zinc mining properties and a while ago CMKX said that it would give shareholders shares in a spin off company that would hold the rights to those properties. Has anybody heard anything more about that on any of the other boards?

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FurrySound
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posted May 10, 2004 21:32     Click Here to See the Profile for FurrySound     Edit/Delete Message   Reply w/Quote
The share spinoff was sometime late last year IIRC. People already have those shares, and aren't happy with them from what I hear. Someone mentioned they are just a number, not even a stock ticker name, in their account.

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STAR GAZER
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posted May 10, 2004 21:57     Click Here to See the Profile for STAR GAZER     Edit/Delete Message   Reply w/Quote
A point to remember, most of us bought CMKX at .0001. THE STOCK CAN'T GO ANY LOWER. It can either go out of business or it can go up
It may take a while to go up, and so you may have to hold a while, but what the heck, diamonds are worth the wait.
Since we invest in micropeny stocks, here are
some things to think about that was on another site.
Penny stock trading is not for everyone!!
There is a min 1-yr learning curve--so start small!
Be prepared to hold some stocks long term!

Tinystock.com does not recommend any stock! We take no payment from any public company to advertise their stock! We only publish our own portfolio. Do not buy into a stock just because we have! We are a hobby site!

Welcome to the "Penny League"!!

WHY INVEST IN PENNY STOCKS? Because it's a rush! Like standing at a roulette wheel.

The PLAN: Limit the downside by investing in the lowest possible stocks.

1. Make sure they are not "Shells".

2. Find those with a pattern with large up and down volume.

3. The best issue periodic news releases

4. Invest only small amounts of money. Pyramid
your winnings.

Logic: Consider this. Suppose you invested $500 in a Tiny Stock at $.0001 cent per share (that's 5 mllion shares). This $.0001 stock only has to go to $.0002 cents for you to double your money. This can happen in a matter of minutes or hours in the Penny League - based purely on hype or a good news release from the company. What is the possible downside to buying a stock at $.0001 cent? It can't go lower. The company can either go bankrupt or up. What if that $.0001 cent stock goes to $.01 (one) full cent? Then you turned that $500 investment into $5,000.

Were you to make a major investment in a major stock at say $50 per share. How are you ever going to get rich? Get this - and never forget. It takes risk to get rich. That $50 per share would have to go to $100 per share for you to double your money. This most likely won't happen for years.

If the $.0001 stock doesn't go bankrupt - how can you lose? Time appears to be on your side. What if that $50 stock goes bankrupt? Or, if it dives to $.0001 - you lose your house.

Don't ever bet the baby's milk money on any stock! Never risk what you cannot afford to lose... Just like gambling - beware that you can get a "gambling sickness". Beware of this at all times. Do not let this take over your life. Peek into message boards and sift out the cry baby B.S. from the real useful data. But do not EVER get emotionally involved with either a certain stock - or a certain stock message board. You will regret this if you do. Remain aloof and make your own decisions.....

Avoid any penny stock company that hints of a "Reverse Stock Split". Penny stock Reverse Stock splits are so bad that your 3000 shares could turn into 1 share over night.


Only those with a tolerance for "high risk" should consider trading in penny stocks! Penny stocks are volatile by nature. These stocks can swing in either direction rather quickly. On the upside, one can quickly make a lot of money in penny stocks! Penny stock companies range from either being new to the public trading scene, to those who are "fallen giants". It must be remembered that it is the nature of a company to make money and to expand. In penny stock trading, one is hoping to latch on to one of these expanding/emerging companies at "rock bottom" prices. The more you "play" the penny stock game, the more you will realize that the stock market in general is very much affected by news, either good or bad. You will need to constantly monitor the news. Timing is a critical element when investing in penny stocks. You don't want to find yourself in a situation where you invested $2,000 one day, and 2 days later the stock fell 50% -- which does happen! As a general rule, look to buying these stocks at their 52-week low, or lower. Consider buying them in the "bargain basement", around $.0001 to $.005 cents.


Can you get Rich in Penny Stocks?

Penny stocks periodically run from say $.005 to $.20
cents or more. Frequently these runs occur in the
February-May period, but not always.
In 1999, a tiny stock called PNET ran from $.10 cents
to $8 in four weeks. A $1,000 investment could have
increased in value to $80,000. A $5,000 investment
would have become worth $400,000. Another example
is STRU. In the summer of 1999, that stock was
trading for less than a penny. In a matter of days
it ran to .60. A $1,000 investment in STRU would
have enabled a savvy investor to pick up 100,000
shares. The $1,000 became worth $60,000.

In the fall of 1999, a tiny unknown penny stock with the
ticker symbol YNOT traded around $.20 cents. In six
weeks the stock price EXPLODED to $25. A $1,000
investment would have become worth $125,000. A $5,000
investment would have increased in value to $625,000.
A $10,000 investment in YNOT would have become worth
$1,250,000.

The penny stock world is filled with stories like this,
yet the mainstream media never talks about it.


--------------------------------------------------------------------------------

"HOW TO PICK A PENNY"

1. Before buying - make sure that they are not likely to go bankrupt! 2:1 assets vs liabilities is very nice, but more important is liquid assets, cash on hand, etc. The real tiny stock companies can have nearly no assets and still run based on "hype" and/or good news.

2. Gauge the "hype" via message boards, etc. Hype has an awful lot to do with penny stocks. Analyze the news on the stock! A "good" penny stock company knows how to feed tidbits of good news all the time. A bad one never puts out news. Some only put out bad news...


3. Watch volume--make sure it is not a "selling off" before buying! Volume over 2-3 million is often a good flag! Buy into one with less and you may find it very hard to sell.

4. Buy a penny stock lower than today's price if possible...Just have patience and leave an order good to cancel, or nothing, and WITH a LIMIT PRICE.. Never, ever place a MARKET order; or you may pay 2 - 3 times or more - more than you wanted to. Usually buy near the 52-week low or lower!

5. Look at getting out after your penny stock doubles your money, or selling one half - which puts you in a very good position... We like to sell 1/4 off after it doubles.

6. If your penny stock happens to go down significantly--consider holding long term--even a year or more.... In the meantime consider "hyping" it yourself (telling the facts and truth only/no exaggerations) periodically via stock message boards, etc. That's to equalize the playing field and to help you cope with your feelings of desperation - because you did not listen and invested far too much in any one stock.

It's not likely to go down significantly of you invest in "Tiny stocks".
Look at those under a penny first..... Fight the urge to buy any stock trading over a penny.....




CARDINAL RULES FOR INVESTING: DO NOT move on any of these so-called "hot tips" you may read on these message boards, on USENET, or that are sent to you via stock newsletters - until you first check things out for yourself. Message board and USENET visitors have been known to plant false information - to try to help out their own positions (declining stocks). Along with this rule goes the second and equally important rule: if a stock broker cold calls you out of the blue with a "hot tip"....hang up the phone!!!


--------------------------------------------------------------------------------

Stock Suffix List - here
Some Stock & Message Board Acronyms here


Acronym Frequently seen - "DD"

AS IN - DO YOUR OWN "DD". This is usually seen in an advertisement or when someone is otherwise "pumping" stock they themselves own. It means "Due Diligence". In short; "I'm telling you about this stock, but if you buy it without checking it out thoroughly--then don't blame me." Check all stocks out thoroughly--especially their SEC financial filings via the SEC's "Edgar" system, at "www.freeedgar.com/, or at Edgar Online. Canadian company financial's may be filed in the Canadian system known as "Sedar". Use our Penny Stock War Room to take you to these places.



Penny stocks are always risky...so like always...Gold Penny says;
"don't bet the babies milk money on any stock".

...DON'T risk what you cannot afford to lose!

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Upside
Member
posted May 10, 2004 22:42     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
Oh hell, I'm probably going to start a riot here and I really don't mean to because last time I was told I was going to jail (it's on this thread), called feeble, elementary, and other things but here goes:


2. Find those with a pattern with large up and down volume.


CMKX doesn't have this. Their pattern is 2+ billion per day. This should tell you something.


3. The best issue periodic news releases


And they do but they don't help the stock price like CMKX.


Logic: Consider this. Suppose you invested $500 in a Tiny Stock at $.0001 cent per share (that's 5 mllion shares). This $.0001 stock only has to go to $.0002 cents for you to double your money. This can happen in a matter of minutes or hours in the Penny League - based purely on hype or a good news release from the company. What is the possible downside to buying a stock at $.0001 cent? It can't go lower. The company can either go bankrupt or up. What if that $.0001 cent stock goes to $.01 (one) full cent? Then you turned that $500 investment into $5,000.


It can go lower. You might not see it but a market sell will go for .00008 or lower. Also, in my experience, so far it is not possible to sell at .0002 thereby doubling your money.


Were you to make a major investment in a major stock at say $50 per share. How are you ever going to get rich? Get this - and never forget. It takes risk to get rich. That $50 per share would have to go to $100 per share for you to double your money. This most likely won't happen for years.


Agreed, it does take risk to get rich but this goes beyond risk, it borders on insanity.


Only those with a tolerance for "high risk" should consider trading in penny stocks! Penny stocks are volatile by nature. These stocks can swing in either direction rather quickly. On the upside, one can quickly make a lot of money in penny stocks! Penny stock companies range from either being new to the public trading scene, to those who are "fallen giants". It must be remembered that it is the nature of a company to make money and to expand. In penny stock trading, one is hoping to latch on to one of these expanding/emerging companies at "rock bottom" prices. The more you "play" the penny stock game, the more you will realize that the stock market in general is very much affected by news, either good or bad. You will need to constantly monitor the news. Timing is a critical element when investing in penny stocks. You don't want to find yourself in a situation where you invested $2,000 one day, and 2 days later the stock fell 50% -- which does happen! As a general rule, look to buying these stocks at their 52-week low, or lower. Consider buying them in the "bargain basement", around $.0001 to $.005 cents.


I agree, fortunes can be made in penny stocks but it isn't an easy game to play. 9 out of 10 stocks you invest in will not make you anything and if you're not careful, you could lose everything. The penny market should be viewed as a fun and recreational pastime. It isn't a market you should be banking you're future on! With that said, let the slamming begin. Nail me guys!

P.s. STAR GAZER, I really apologize for stepping on your post! It was good but I just wanted to show an opposing viewpoint.

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Rics1997
Member
posted May 10, 2004 22:51     Click Here to See the Profile for Rics1997     Edit/Delete Message   Reply w/Quote
Don't think this stock will do it but your right its a good gamble if your into that. I would like to make one correction though. $500 at .0001 becomes $5000 at .001 not .01, at .01 its $50,000.

Rick

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highwaychild
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posted May 10, 2004 23:06     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
granted this stock is risky,any pink sheet can be.CMKX is #1 out of 20 on http://www.pinksheets.com/ ,so the hype is there. The people here I'm sure have risked far more than they have on companies with far less going for them.Than a company on the eve of a possible positive diamond find.

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Upside
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posted May 10, 2004 23:13     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
quote:
granted this stock is risky,any pink sheet can be.CMKX is #1 out of 20 on http://www.pinksheets.com/ ,so the hype is there. The people here I'm sure have risked far more than they have on companies with far less going for them.Than a company on the eve of a possible positive diamond find.

You know guy, I really hope you're right. I would love to have to eat crow and admit I was wrong all along cause as I have said before, I own this stock and if everyone here cashes in, so do I. So assuming you guys are right and I'm wrong, what's the sell point? Where do we get out?

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STAR GAZER
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posted May 10, 2004 23:58     Click Here to See the Profile for STAR GAZER     Edit/Delete Message   Reply w/Quote
Upside, I like your post and I stand corrected. Looking at previous posts, I see that CMKX has actually sold for as low as .00005 It is true that the company's PR's
have not moved the stock. However, I was one of the people that bought LBTT about a year ago for .002 The company kept coming out with
increasingly good and better PR's, but after each PR the price of the stock would drop to .0017/.0018 The range was .0017/.0022
After months and months of going nowhere, people started to bail out of the stock. But finally they got their European certificate of approval to sell their product, just as they had been saying that they would in their
PR's and in less than two weeks the stock was
.035, up over 1,500% That was nice. On the other hand I've had many stocks go to zero,
but that one trade more than covered the other losses. But the owners of that other company were respected business men/women. The people involved in CMKX on the other hand
have been accused in the past of committing fraud, and that makes this a really iffy stock. As the saying goes, not something that
you would put you life savings into. On the other hand, I invest in penny stocks because
its fun. I say invest, instead of play, because I try to investigate the stocks and only buy the ones that seem legitamit. And even though CMKX has the taint of previous fraud accusations, it does have a hugh land holding in the best known diamond area IN THE WORLD and their PR's do seem to be legit
and so I have put some of my money in the stock. If I didn't, and then it went up like a rocket past the moon, not only would I be upset at not owning any of the stock even after having all this info on the stock, I also wouldn't be living up to my name and gazing upwards watching my stock race towards the stars. By the way I noticed that you call yourself Upside, so it sounds like you also buy stocks that go up. PS I also buy lotto tickets. I know that the odds of winning the BIG ONE are virtually zero, but if I didn't buy a ticket, then they would be zero. But I never buy more than one ticket at a time.

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Meshoe45
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posted May 11, 2004 11:26     Click Here to See the Profile for Meshoe45     Edit/Delete Message   Reply w/Quote
Jumped up to .0017! But back down

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TradingWizard
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posted May 11, 2004 11:47     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Probably glitch....but it would be nice!!!!

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VNGNTN1
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posted May 11, 2004 12:44     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
UPSIDE
Please note your example, while true only represents stock price. Your vlaue can easily double on a $50 stock thru use of splits,dividends,Option premiums and most important can be done with one stock, Pennys generally need to be averaged across many losers.
VAN

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