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Author Topic:   CMKX .0001 good holding stock get in while its low
Bam Bam 17
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posted June 04, 2004 11:44     Click Here to See the Profile for Bam Bam 17     Edit/Delete Message   Reply w/Quote
With my 21.1 Million shares @.0001 I will retire very soon. Man I love it when a plan comes together.

May God Bless All.

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TradingWizard
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posted June 04, 2004 11:45     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Soon enough will have too start a thread 'Who is going to be a next millionare' vs 'Who wants to be a next millionare'!!!! LOL

PS In my opinion Allstocks has the best, longest and the most informative threads!!!

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'Alone we can do so little; together we can do so much.' - Helen Keller

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DueDiligence
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posted June 04, 2004 11:46     Click Here to See the Profile for DueDiligence     Edit/Delete Message   Reply w/Quote
I hope that this turns out to be a true "cinderella story".

This was the first stock that I purchased a few months back when I began trading!

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IMHO - GLTA - Reductio Ad Absurdum

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Doji say what!!
Member
posted June 04, 2004 11:49     Click Here to See the Profile for Doji say what!!     Edit/Delete Message   Reply w/Quote
58 MILLION SHARES

WHAT'S IN YOUR WALLET

IT REALLY CAN'T HAPPEN CAN IT

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TradingWizard
Member
posted June 04, 2004 11:58     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
3.5 millions

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'Alone we can do so little; together we can do so much.' - Helen Keller

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WWJD-thru-me
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posted June 04, 2004 12:00     Click Here to See the Profile for WWJD-thru-me     Edit/Delete Message   Reply w/Quote
I wrote this in an email to a friend. I am going to post it here with the understanding that it is kind of like thinking out loud. I wanted to have something written down so I could quickly work some numbers by dividing by 2 or doubling. Until we get the number of shares from the company and the reports about the diamonds there are too many unknowns to really work out a sell price. So I used a few numbers I thought are in the realm of probability. This shouldn't be used as hard facts or to make your decisions but could be used to help you think of ways to come up with your sell price by adding or subtracting as more factors become known. IMO-DD-GLTA-Debi
---------------------------------------------I was figuring out exit strategies on paper. Worst case scenario I think on number of shares is 500 Billion. It is probably lower. What I think is a possible valuation of kimberlite pipes in area is 80 Billion figuring it is at least worth the high end of DeBeers claim. That comes out to a value of .16 a share. That doesn't take into account cost of mining the kimberlites or partnership percentages or all 3 million acres of mineral rights or short shares. So .16 might be a possible target.

There are so many variables on this. The first one is value of the first diamondiferous kimberlite field. It could be 8 Billion, 80 Billion or 80 Billion.

Another One is Outstanding share count. It could be 5 Billion, 50 Billion or 500 Billion

So here are some numbers if:
Diamond's
Value
(Billions) $8 B $80 B $800 B
PPS PPS PPS PPS
if # 5B $1.60 5B $16.00 5B $160.00
shares 50B .16 50B $ 1.60 50B $ 16.00
Out 500B $ .016 500B $ .16 500B $ 1.60


It is easy to halve these number to get a rough figure based on current news and data. The cost of mining has to be subtracted. The cost would be 10.50 per ton and I am guessing that would be less than 10%. The partnership percentages need to be clarified but a max of 25% is my guess.

Now comes the adding part. We have many, many kimberlite fields and I am guessing the value of the mineral rights is smack in the middle of $80 and $800 Billion Dollars.

My biggest fear is I will give this away and find out what it is worth later. I plan to keep 5 Million shares long even if that means I need to buy 20 Million to play with. I want to take out the loss factor. I want to cover my backside so to speak against loss. But I also want to give myself maximum advantage for gain. There are so many factors to consider and we need to be aware of all the tricks of the market and the brokers. So I do plan on taking some profits along the way. I don't want to take any until the run starts officially. That would be when it is like a clock like QBID did or LBTT early. We may get a buyout offer or something else that spares us the trauma of having to play this hard. But here are some games I have seen. Trading Halt by SEC (BOCX), or the Street.com files a complaint with the SEC to stop a run or at least throw water on it. They did it to CYPT and USGA and a host of others. I have seen them do this to a few companies that were not found to have done any wrong and shareholders (like me) were hurt. By taking profits along the way and holding tight through vicious dips you may end up in a tub of butter so to speak. That would be British for living large. God Bless-Debi Nice news on LBTT today-I bought more at .0135.

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will
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posted June 04, 2004 12:01     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Ok, baby, give those .0005, .0006, .0007's now!

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makemoney3
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posted June 04, 2004 12:03     Click Here to See the Profile for makemoney3     Edit/Delete Message   Reply w/Quote
Just filled 6,000,000 at .0003 with no problem... Go Go Go !!!

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rsnws
Member
posted June 04, 2004 12:03     Click Here to See the Profile for rsnws     Edit/Delete Message   Reply w/Quote
MM's starting to line up on .0003 BID. I see .0005!!

BID

3@.0003
10@.0002
2@.0001

ASK

7@.0004
3@.0005
1@.07
1@.10

GO CMKX!!!!!

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WWJD-thru-me
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posted June 04, 2004 12:08     Click Here to See the Profile for WWJD-thru-me     Edit/Delete Message   Reply w/Quote
Too bad the columns in my prior post didn't line up correctly. They were nice and neat when I hit reply. GLTA-I hope you all make a mint!!! and then have the wisdom to use it wisely and to thank God for it. -Debi

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TradingWizard
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posted June 04, 2004 12:12     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
On Jun 3 was trading at 0.0003
On Jun 4 was trading at 0.0004
you predict the rest!

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'Alone we can do so little; together we can do so much.' - Helen Keller

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ali
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posted June 04, 2004 12:16     Click Here to See the Profile for ali     Edit/Delete Message   Reply w/Quote
Melvin on ibcradio.com


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fjean
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posted June 04, 2004 12:20     Click Here to See the Profile for fjean     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Bam Bam 17:
With my 21.1 Million shares @.0001 I will retire very soon. Man I love it when a plan comes together.

May God Bless All.



WHAT ABOUT MY 51 MILLION SHARES? I'M ONLY 24. I CAN'T RETIRE YET

________________________________

CMKX GOT THE HOTTEST THREAD ON ALLSTOCKS. KEEP IT UP GUYS. A HOT THREAD MEANS MORE ATTENTION. COME ON 0.02 COME ON 0.02

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CashCowMoo
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posted June 04, 2004 12:20     Click Here to See the Profile for CashCowMoo     Edit/Delete Message   Reply w/Quote
RESISTANCE IS FUTILE

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CashCow

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will
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posted June 04, 2004 12:24     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Good to see ya, Cash!
quote:
Originally posted by CashCowMoo:
RESISTANCE IS FUTILE


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ali
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posted June 04, 2004 12:35     Click Here to See the Profile for ali     Edit/Delete Message   Reply w/Quote
Melvin's call today..check it out
http://members.aol.com/junkmasterg/melvin/

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Az...Cats
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posted June 04, 2004 12:35     Click Here to See the Profile for Az...Cats     Edit/Delete Message   Reply w/Quote
How many outstanding shares left in CMKXellent Anyone have that info?

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Leardron
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posted June 04, 2004 12:36     Click Here to See the Profile for Leardron     Edit/Delete Message   Reply w/Quote
All I can say is WOW! I am off today and just read the news. Looks like so far everything Sterling said is coming true. Looks like they are going either OTCBB or NASDAQ. LOVE IT! LOVE IT! LOVE IT!

I know Upside, I am looking for the thorns too

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bauer
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posted June 04, 2004 12:44     Click Here to See the Profile for bauer     Edit/Delete Message   Reply w/Quote
Somebody kick this thing to .0005

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sneaker68
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posted June 04, 2004 12:49     Click Here to See the Profile for sneaker68     Edit/Delete Message   Reply w/Quote
Anyone think that it might die back down to the .0002 level after this hype spike? Sort of like how QBID has done?

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GatorMan
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posted June 04, 2004 12:59     Click Here to See the Profile for GatorMan     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Leardron:
All I can say is WOW! I am off today and just read the news. Looks like so far everything Sterling said is coming true. Looks like they are going either OTCBB or NASDAQ. LOVE IT! LOVE IT! LOVE IT!

I know Upside, I am looking for the thorns too


I'll beleive Sterling's BS when I get the $1 tender offer.

NOT GONNA HAPPEN.

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~,-,-< GatorMan

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cool1sh
Member
posted June 04, 2004 13:05     Click Here to See the Profile for cool1sh     Edit/Delete Message   Reply w/Quote
Just got back from lunch..

I want to see 0005.. (TODAY - Since there is no trading on 5th and 6th)

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cndboy
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posted June 04, 2004 13:06     Click Here to See the Profile for cndboy     Edit/Delete Message   Reply w/Quote
1$......... Shoot i'll be happy with a dime or even a penny

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Upside
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posted June 04, 2004 13:11     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
quote:
All I can say is WOW! I am off today and just read the news. Looks like so far everything Sterling said is coming true. Looks like they are going either OTCBB or NASDAQ. LOVE IT! LOVE IT! LOVE IT!
I know Upside, I am looking for the thorns too

Just sitting on the sidelines keeping quiet for now although I have to admit I'm enjoying this too.

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Meshoe45
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posted June 04, 2004 13:13     Click Here to See the Profile for Meshoe45     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by cndboy:
1$......... Shoot i'll be happy with a dime or even a penny

$1 comon - yes we can all dream that but lets be realistic

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cool1sh
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posted June 04, 2004 13:14     Click Here to See the Profile for cool1sh     Edit/Delete Message   Reply w/Quote
WOW..the basher is happy!!

just kidding

quote:
Originally posted by Upside:
Just sitting on the sidelines keeping quiet for now although I have to admit I'm enjoying this too.


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pennywise
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posted June 04, 2004 13:17     Click Here to See the Profile for pennywise     Edit/Delete Message   Reply w/Quote
It sure is nice to see this stock build some solid upward momentum!
GLTA

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will
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posted June 04, 2004 13:21     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Wish those CMKX bashers go bash SRCI, I need a double there. They did a wonderful job here, but we can forgive them. Shucks, they can still get in, and become cheerleaders.

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GatorMan
Member
posted June 04, 2004 13:23     Click Here to See the Profile for GatorMan     Edit/Delete Message   Reply w/Quote
Can someone please give us an L2?

------------------
~,-,-< GatorMan

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rsnws
Member
posted June 04, 2004 13:25     Click Here to See the Profile for rsnws     Edit/Delete Message   Reply w/Quote
COME ON .0005

BID

7@.0003
8@.0002
2@.0001

ASK

2@.0004
9@.0005
1@.0008
1@.07
1@.10

GO CMKX!!!!!


quote:
Originally posted by GatorMan:
Can someone please give us an L2?


[This message has been edited by rsnws (edited June 04, 2004).]

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Upside
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posted June 04, 2004 13:31     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by Will:
quote:
Shucks, they can still get in, and become cheerleaders.

And switch from the dark side? Don't think I'm ready for that just yet Obi Wan!

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GatorMan
Member
posted June 04, 2004 13:31     Click Here to See the Profile for GatorMan     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by rsnws:
COME ON .0005

BID

7@.0003
8@.0002
2@.0001

ASK

2@.0004
9@.0005
1@.0008
1@.07
1@.10

GO CMKX!!!!!


[This message has been edited by rsnws (edited June 04, 2004).]


Dang it! Who are those .0004 holdouts?

------------------
~,-,-< GatorMan

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bimbo
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posted June 04, 2004 13:35     Click Here to See the Profile for bimbo     Edit/Delete Message   Reply w/Quote
ali,who is that melvin guy?

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rsnws
Member
posted June 04, 2004 13:37     Click Here to See the Profile for rsnws     Edit/Delete Message   Reply w/Quote
BID

7@.0003
7@.0002
2@.0001

ASK

1@.0004 JEFF
10@.0005
1@.0008
1@.07
1@.10

GO CMKX!!!!!

[This message has been edited by rsnws (edited June 04, 2004).]

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Booty Quest
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posted June 04, 2004 13:38     Click Here to See the Profile for Booty Quest     Edit/Delete Message   Reply w/Quote
My Scottrade streamer shows no trades since 1:20 pm. Is this true?

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cool1sh
Member
posted June 04, 2004 13:39     Click Here to See the Profile for cool1sh     Edit/Delete Message   Reply w/Quote
OKay 0005 coming before 1:45pm..

Is there going to be a run after 0005? I think so. Look at L2.

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Meshoe45
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posted June 04, 2004 13:40     Click Here to See the Profile for Meshoe45     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by cool1sh:
OKay 0005 coming before 1:45pm..

Is there going to be a run after 0005? I think so. Look at L2.


You got 5 minutes to prove true

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TradingWizard
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posted June 04, 2004 13:41     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by bimbo:
ali,who is that melvin guy?

This is Melvin: http://www.casavantmining.com/contact.html

I noticed that the web site also gets updated regularly, today's news is up on their site.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller

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bimbo
Member
posted June 04, 2004 13:48     Click Here to See the Profile for bimbo     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by TradingWizard:
This is Melvin: http://www.casavantmining.com/contact.html

I noticed that the web site also gets updated regularly, today's news is up on their site.



thnx,wizard,put site on fav,trying to get up to date on this one,as i am in with both feet.

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VNGNTN1
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posted June 04, 2004 13:49     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
UPSIDE
I just figured it out A BASHER is someone who is not a NEWBIE
VAN

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Leardron
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posted June 04, 2004 13:49     Click Here to See the Profile for Leardron     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by cndboy:
1$......... Shoot i'll be happy with a dime or even a penny

I agree. the $1 is unrealistic but I would be estatic with even a penny. Sterling might be right on the plan but the actual dividend figure I think is way out of the park. Who know though, I will be the first to admit I am wrong if it happens (as I am flying in my new private jet)

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will
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posted June 04, 2004 13:53     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
C'mon, Upside, it would be a pleasure to have you with us. Your resistance to this stock was well thought out, and made sense at the time. The facts have changed, and so should you now

quote:
Originally posted by Upside:
originally posted by Will:
And switch from the dark side? Don't think I'm ready for that just yet Obi Wan!

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UserName
Member
posted June 04, 2004 13:54     Click Here to See the Profile for UserName     Edit/Delete Message   Reply w/Quote
Congrats to everyone who got in, i was a little sceptical and stayed away, now i wish i didnt, so with that said , would everybody please sell all their shares so the price would drop back to .0001? then i could get in at the bottom level and feel good about it. you could always buy them back, pretty please with sugar on top.

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will
Member
posted June 04, 2004 13:59     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
No thank you, but you may still get in at .0004, not a bad deal if it really runs. Jummp in!

quote:
Originally posted by UserName:
Congrats to everyone who got in, i was a little sceptical and stayed away, now i wish i didnt, so with that said , would everybody please sell all their shares so the price would drop back to .0001? then i could get in at the bottom level and feel good about it. you could always buy them back, pretty please with sugar on top.

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TradingWizard
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posted June 04, 2004 14:00     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Listening last Melvin's interview on the radio, why would he say that he standing on the future drilling side (in the bushes sounded funny). It could go either way, diamonds or no diamonds.....any opinions on that one.

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GREGDOGG
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posted June 04, 2004 14:04     Click Here to See the Profile for GREGDOGG     Edit/Delete Message   Reply w/Quote
According to rsnws's L2, everyones selling at .0005

Everyone should sell at .0005 and buy back at .0001 - .0002

Lets see if our combined volume can play with the price.

I have buys in at .0001 0002 0003

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will
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posted June 04, 2004 14:04     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
I see there is a new basher's thread already. I was just thinking, this might be a sucker hole, but then I thought, why go to the trouble of hiring a law firm to represent your interest. A guess there could be speculation that it is "Dewey Cheetem & Howe" law firm, and just another conspiritor in the elaborate scam ??? The diamond PR would put it all in the review mirrir, wouldn't it?

[This message has been edited by will (edited June 04, 2004).]

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will
Member
posted June 04, 2004 14:08     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Hi Greg:
You don't think it will sustain a run, and break the .0005?

quote:
Originally posted by GREGDOGG:
According to rsnws's L2, everyones selling at .0005

Everyone should sell at .0005 and buy back at .0001 - .0002

Lets see if our combined volume can play with the price.

I have buys in at .0001 0002 0003


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smackdaddy33
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posted June 04, 2004 14:08     Click Here to See the Profile for smackdaddy33     Edit/Delete Message   Reply w/Quote
At this point, I'd rather trust the momentum than sell.

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Forrestgump
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posted June 04, 2004 14:09     Click Here to See the Profile for Forrestgump     Edit/Delete Message   Reply w/Quote
http://www.wallstreetnewscast.com/news/june/cmkx.html

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