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 Micro Penny Stocks, Penny Stocks Under $0.10
 CMKX .0001 good holding stock get in while its low (Page 29)
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| Author | Topic: CMKX .0001 good holding stock get in while its low |
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CashCowMoo Member |
posted June 03, 2004 13:31
  
I just wanted to say screw you to everyone who bashed and laughed when i started this thread...GLASSMAN...UPSIDE.....some other people....
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WWJD-thru-me Member |
posted June 03, 2004 13:33
Originally posted by VNGNTN1: JUST SOME THOUGHTS & QUESTIONS 1-Why doesn't a company know how many authorized share they have? 2-Why don't they so state? 3-Why ask your transfer agent to do this in an audit? 4-Won't this PR simply extend several weeks the share issue. 5-A SIMPLE STATEMENT BY UC supported by an audited financial statement would clearup everything, rather they choose to "manipulate". --------------------------------------------- To answer #1 the company does know the Authorized shares. It supposes that there are more outstanding shares than are authorized and wants them covered. --------------------------------------------- They are putting the transfer agent on notice and giving him to chance to cover before he faces utter financial ruin. Him and any MM's that are short. --------------------------------------------- I agree with Paul that any good news at this point would result in a spike and then a tank. --------------------------------------------- As far as UC 'manipulating' if this was my company (and it is) and I knew the share count and saw it being naked shorted-which I have observed on other OTCBB stocks on level 2- what would I do? Maybe try to play nice for a few years, and then maybe spin a web and catch them in their own game. I hope this brings the type of ruin on them that they foist on small investors and small businesses every day. I am glad I paid the price of admission to have a ringside seat. --------------------------------------------- I am not trying to convince you to buy or hold-but I am convinced enough that they have diamonds and that they are severely shorted that I now have 10+ million shares. I see far more upside to this than the risk at .0003. --------------------------------------------- All the above is IMO-DD-and GLTA- --------------------------------------------- Questions for Vngnt: Do you think that Naked shorting on the OTCBB and pinks is a myth? Do you believe that the kimberlite fields in Canada are the biggest diamond find of the century? And if you could say why or why not -that would be great. Thanks-Debi IP: Logged |
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PAUL Member |
posted June 03, 2004 13:36
Melvin on IBC IP: Logged |
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Leardron Member |
posted June 03, 2004 13:37
I currently have 24 mil shares and am holding strong. I would buy more but my wife is really bugging me about getting a shed and I can't hold her off any longer  IP: Logged |
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VNGNTN1 Member |
posted June 03, 2004 13:38
PROBABLY YES to questions. Are you saying they have inside information ? and isn't that illegal? Why does CMKX care if illegal shares are there, which brings up the point again, IF UC holds all stock who will pay you?
[This message has been edited by VNGNTN1 (edited June 03, 2004).] IP: Logged |
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Meshoe45 Member |
posted June 03, 2004 13:39
quote: Where did you get in at? IP: Logged |
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cool1sh Member |
posted June 03, 2004 13:42
WHAT THE HE** IS GOING ON WITH CMKX.. BUNCH OF 0 VOLUME TRADES AND VOLUME GETTING LOWER.. AMERITRADE STREAMER IP: Logged |
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JBCak47 Member |
posted June 03, 2004 13:42
Hi everyone, I attempted, about a week ago to use Scottrade to buy into CMKX, however they only allow someone to SELL not buy. I did however come across ChocieTrade.com. I plan on opening and funding an account tomorrow. They claim I can trade CMKX online for five dollars a trade+comm. Not to bad considering Scottrade wants $22+0.5% however I am not knocking Scottrade, I plan on using them for my long-term Investments. I plan on trying to buy only like $150 worth, so at .0002 that is like 775k. How hard is that to get filled you think? Thanks everyone for all the DD you have posted. It is much appreciated. -John IP: Logged |
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cool1sh Member |
posted June 03, 2004 13:49
With al the weird trades I am seeing, a bid at .0002 and being able to sell at .0003.. I can only think a RUN is coming up..
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rsnws Member |
posted June 03, 2004 13:51
I never did like Ameritrade Streamer. Shows a lot of bad info sometimes. I trade with Ameritrade but use Alphatrade for Streamer and L2's and I don't see any of those trades your talking about in my L2.
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Leardron Member |
posted June 03, 2004 13:51
quote: Luckily at .0001 IP: Logged |
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rsnws Member |
posted June 03, 2004 13:55
L2 BID 1@.0002 NITE ASK 10@.0003 NITE IP: Logged |
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Meshoe45 Member |
posted June 03, 2004 13:59
quote: I got in at .0001 as well just for a 'lottery' I have 1 million shares, Im in for all or nothing... 100 can go along way! IP: Logged |
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cool1sh Member |
posted June 03, 2004 14:01
If CMKX is shorted to the fullest (I Believe it is), probably NITE played a major role. That's why he is hte first one at 0002? JMO quote: [This message has been edited by cool1sh (edited June 03, 2004).] IP: Logged |
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rsnws Member |
posted June 03, 2004 14:02
Maybe .0004 today. L2 BID 2@.0002 NITE ASK 10@.0003 NITE IP: Logged |
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Booty Quest Member |
posted June 03, 2004 14:02
Wow, that IBC radio is really talking a lot about CMKX and QBID. They said Nite moved off the bid, but 2 more took his place. Can anyone confirm? IP: Logged |
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FurrySound Member |
posted June 03, 2004 14:03
quote: Have you checked to see if ChoiceTrade is licensed in your state? Ask them, as they aren't licensed in PA ------------------ IP: Logged |
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rsnws Member |
posted June 03, 2004 14:07
NITE STILL AT .0002 BID ALONG WITH SEAB.
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Az...Cats Member |
posted June 03, 2004 14:08
Who is Nite? I keep seeing that IP: Logged |
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rsnws Member |
posted June 03, 2004 14:09
"MM" Market Maker
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Booty Quest Member |
posted June 03, 2004 14:12
quote: Thanks, Homey IP: Logged |
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Upside Member |
posted June 03, 2004 14:29
originally posted by CashCowMoo:
quote: Nice guy! No one came after you on a personal front, merely posted opposing viewpoints. Sorry you're unable to handle that. Also, I wouldn't start counting your millions just yet. This story is far from over. Look back just a few months, same thing happened. A few months prior to that, same thing again. Good luck to you sir and I'm truly sorry if I or anyone else hurt your feelings. IP: Logged |
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cndboy Member |
posted June 03, 2004 14:35
quote: I agree with UP; I'm holding 5M shares of this stock for almost a year now. I hope it does fly obviously. I don't think anybody is bashing. We've just bein in this stock to long and have seen this before. Look at the history. Seen this before many times with this stock. I hope it hits .0004 that will be different. IP: Logged |
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PAUL Member |
posted June 03, 2004 14:43
CCM, I am not sure what you motive is in posting such a flame toward others. Thanks for starting the thread but, there were dozens of other cmkm & cmkx threads prior to this thread. Perhaps when you started this thread it was the first time you started looking at the stock. From reviewing the first post it looks like that. Many of us have been in this for some time now. Not that my contribution here would be missed but, I am out of this thread if it turns into a bunch of personal junk. I hope it does not. PAUL
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VNGNTN1 Member |
posted June 03, 2004 14:44
UP Far too many people think all this fuss is DD I know we are taking hits for bashing,(just saw a post over @CMKX Message board) telling NEWBIES not to pay attention to negative posts and get in while it's cheap. Sure sounds like a PUMP ???? Anyway if we help just a few to keep it small for now. If this is blowing up like everyone says there will be plenty for all to share. VAN IP: Logged |
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singlemom Member |
posted June 03, 2004 14:47
Just saw this on RB: By: AlanC Just spoke with Edith at Pacific Stock Transfer, Inc. 702-361-3033. She confirmed that they would be CMKX'a new transfer agent but could not state what their start date would be. She indicated it all depended on how long it took 1st Global to get them the books and records to them. It looks like the audit could take some time........ IP: Logged |
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rsnws Member |
posted June 03, 2004 15:05
L2 BID 3@.0002 NITE ASK 10@.0003 NITE IP: Logged |
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CashCowMoo Member |
posted June 03, 2004 15:06
hey upside i know nothing was personal im just messin with you to joke around IP: Logged |
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cool1sh Member |
posted June 03, 2004 15:13
Bashing and concern are 2 different things. Hey UP.. Your concerns always sound valid to me. Everyone can express their concerns/comments on this board.
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WWJD-thru-me Member |
posted June 03, 2004 15:29
Vngnt wrote: Are you saying they have inside information ? and isn't that illegal? Why does CMKX care if illegal shares are there, which brings up the point again, IF UC holds all stock who will pay you? --------------------------------------------- They are supposed to have inside information. They cannot trade on it for their personal accounts but can keep secrets if it is in the best interest of the company and its shareholders. As far as who pays us for our stock-the MM's have to make these shares good. So they have to buy it for whatever price they can get them at. It will no doubt be very expensive and their insurance (which the brokerage houses are required to carry) may have to pay. But our shares have great value even if they are Naked Shorted as long as we bought them through a brokerage firm. I am sure some can answer this better than me but I think this is as valuable as the mineral rights. GLTA-IMO-DD-Debi IP: Logged |
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cool1sh Member |
posted June 03, 2004 15:38
Looks like a big chunk moved at .0003. rsn.. you there buddy? IP: Logged |
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rsnws Member |
posted June 03, 2004 15:39
Hey!! This is starting to look like a real stock! L2 BID 7@.0002 NITE ASK 10@.0003 NITE IP: Logged |
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Upside Member |
posted June 03, 2004 15:44
quote: Debi, I was discussing this very issue with someone just last night. Any idea how much insurance they're forced to carry? If this stock is shorted to the tune of a trillion shares (which is a number we have seen kicked around) and they decide to offer a dividend of even a penny, or the stock goes to a penny, what do you suppose would happen? Bankruptcy filings of epic proportions by market makers that would change the whole face of the market making business. I just have a hard time believing that CMKX will ever have that much influence on the market. They are an extremely small fish in a great big ocean and will most likely always remain so. IP: Logged |
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cool1sh Member |
posted June 03, 2004 15:45
Thanks rsn. If it doesn't touch 0004 (doesn't look like it will) today, I hope it will tomorrw AM. IP: Logged |
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ali Member |
posted June 03, 2004 15:47
0.0004 comin go baby
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VNGNTN1 Member |
posted June 03, 2004 15:55
DEBI It is my understanding that MM can make money in several different ways including market risk. They would have no greater information after the IPO than we would. I have trouble understanding why a MM would take a market risk in this stock by shorting very much, unless they do have information !! VAN IP: Logged |
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Upside Member |
posted June 03, 2004 16:00
originally posted by CashCowMoo:
quote: No problem Moo, didn't realize you were joking. IP: Logged |
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Leardron Member |
posted June 03, 2004 16:06
I guess the way to look at it (asking hard questions) is a good thing for everyone because as the old saying goes "The squeaky wheel gets the grease". If shareholders didn't raise these hard questions and raise a stink, the company wouldn't feel pressured to answer them through PRs. I guess you always need people to show you where the thorns are on the rose, lest you get pricked. [This message has been edited by Leardron (edited June 03, 2004).] IP: Logged |
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PAUL Member |
posted June 03, 2004 16:07
Heading for the mountains after church tonight. Everyone have a good day tomorrow. BTW.. While speaking w/ Melvin this morning. It is clear that his family is in need of prayer. I know this may not be the place for a prayer request but, everyone please pray for his family tonight. I will try to check in on the laptop and cell phone tonight or tomorrow. I hope I have digital cell coverage in the cabin. God Bless, ------------------ IP: Logged |
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waynetrades Member |
posted June 03, 2004 16:27
Well I never thought it would happend but yesterday I put in a sell order for half of my shares. 750,000 and today it filled at .0002 so I took my initial investment and ran...I still have another 750,000 shares left but who knows...maybe I will buy back in again... Going to put another buy in at .0001 and see what happens. IP: Logged |
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tic_toc Member |
posted June 03, 2004 16:33
I think I'm gonna be the first person ruined by this stock. I just checked my tdwaterhouse account and it is telling my that tuesdays order went thru at market. 0.02. i told them limit 3 mill at .0002 as anyone would. system says i owe them £33,000 which is $60000 for a $600 order. I cant ring them til tomorrow morning uk time. somebody please tell me no orders went through for this amount. please! IP: Logged |
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RevDew1 Member |
posted June 03, 2004 16:38
Not according to days high at SmallCap Maybe for after hours trading?? KM DIAMONDS INC (OTO : CMKX) QUOTE: CMKM DIAMONDS INC (OTO : CMKX) IP: Logged |
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Upside Member |
posted June 03, 2004 17:13
originally posted by tic_toc: quote: We always see thos types of glitches where a stock trading for .000x will show a sale at .00x But I've always just assumed it was a mistake that gor corrected. This is the first time I've actually heard from someone that it's happened to. If your certain that your order was a limit at .0002 and not a market order I'd say that your broker will probably straighten it out with you. If he in fact executed the order at .002 by mistake, he might have a problem reclaiming his money but that's not your problem. Please let us know how this all pans out! IP: Logged |
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Upside Member |
posted June 03, 2004 17:14
originally posted by tic_toc: quote: We always see those types of glitches where a stock trading for .000x will show a sale at .00x but I've always just assumed it was a mistake that got corrected. This is the first time I've actually heard from someone that it's happened to. If your certain that your order was a limit at .0002 and not a market order I'd say that your broker will probably straighten it out with you. If he in fact executed the order at .002 by mistake, he might have a problem reclaiming his money but that's not your problem. Please let us know how this all pans out! IP: Logged |
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Upside Member |
posted June 03, 2004 17:17
Oops, sorry about the double post! IP: Logged |
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pharmdman Member |
posted June 03, 2004 17:28
quote: I couldn't leave well enough alone... I got greedy this morning and changed it to 1/5 of my shares @ .0005! I guess I'm wishful thinking, but all we need is one day of great hype!.. I don't know whether I should kick myself or not... IP: Logged |
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tic_toc Member |
posted June 03, 2004 17:35
hope it can be sorted otherwise my trading days are over. they gonna get hell if they claim its what i ordered. IP: Logged |
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STAR GAZER Member |
posted June 03, 2004 19:42
Klempar77 In regard to you're asking if we are crazy putting in sell orders at $1.00. What we are doing, is keeping the MM's from using our shares for their manipulations. If we put in a high Good Till Cancel order, they can't use our shares. When we first started doing this some people put in a GTC order at .01. That would be a nice profit area, but considering the possibility, even if remote, that it may go a good way past that, some of us decided to raise the level to $1, it may never reach that level, but we can always sell lower, or just monitor the stock to see if it is actually approaching that level. As a PS, I've noticed that are also doing this on the Raging Bull site. IP: Logged |
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rsnws Member |
posted June 03, 2004 19:43
I searched the transactions for today and the results showed no transactions at .002 or 3M shares.
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STAR GAZER Member |
posted June 03, 2004 19:47
I just realized that we have 29 pages and QBID has 15. Of course, thats not a fair comparison, because they have a lot of different people that have started posts on QBID. IP: Logged |
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So, I'm using lowtrades for cmkx right now.