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Author Topic:   CMKX .0001 good holding stock get in while its low
will
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posted June 07, 2004 15:47     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Yea, they're not gonna let us close over .0008, we might get the .0008 though.

quote:
Originally posted by noahltl:
Back to .0008

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GoldieStox
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posted June 07, 2004 15:48     Click Here to See the Profile for GoldieStox     Edit/Delete Message   Reply w/Quote
Alright I am new here and am trying to learn all I can.. can anyone please explain what a level2 is.
Thanks & Good luck!
What an exciting day!

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betting babe
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posted June 07, 2004 15:53     Click Here to See the Profile for betting babe     Edit/Delete Message   Reply w/Quote
quick lock screen?? i LOVE THAT!!!
genius. thx Furry!!

anyone know how to hook up a 3rd monitor? just got it, but my video card already has 2 running on it... is it an easy split?
~BB

quote:
Originally posted by FurrySound:
You ain't kidding... ROFL
Source: My dual monitor's are filled with charts and stuff, not the 'normal' work items... Gotta love WindowsKey + L (quick lock screen on WinXP/03)

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Money_Penny
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posted June 07, 2004 15:54     Click Here to See the Profile for Money_Penny     Edit/Delete Message   Reply w/Quote
I missed the BOAT big time and got in at 0.0007 today (darn Lowtrades took 4 days to open my account - could've bought last week for 0.0004). I'm now second-guessing that move since it is running out of steam at 0.0008. Where do you guys think this is gonna go tomorrow?

P.S. Low trades would only let me buy 500,000 at one time - what's up with that?

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will
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posted June 07, 2004 15:56     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
If anything more is going to happen it will be right now, 3:55.

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PAUL
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posted June 07, 2004 15:56     Click Here to See the Profile for PAUL     Edit/Delete Message   Reply w/Quote
It shows what market makers a BIDDING and ASKING for a stock.

ie.

3 Market makers are bidding .0007
4 Market makers are asking .0008

3X4 .0007 X .0008

Making up the numbers in the example.

It also shows the DEPTH of the market.

ie.

BID
3 @ .0007
2 @ .0006
1 @ .0005

ASK
4 @ .0009
3 @ .0010
1 @ .0015


PAUL


quote:
Originally posted by GoldieStox:
Alright I am new here and am trying to learn all I can.. can anyone please explain what a level2 is.
Thanks & Good luck!
What an exciting day!

------------------
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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Leardron
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posted June 07, 2004 15:58     Click Here to See the Profile for Leardron     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Money_Penny:
I missed the BOAT big time and got in at 0.0007 today (darn Lowtrades took 4 days to open my account - could've bought last week for 0.0004). I'm now second-guessing that move since it is running out of steam at 0.0008. Where do you guys think this is gonna go tomorrow?

P.S. Low trades would only let me buy 500,000 at one time - what's up with that?



My guess (and this is only a guess) is it will gap up a little in the morning to .0009 and the end the day around .001 or .0011.

being positive

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FurrySound
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posted June 07, 2004 15:58     Click Here to See the Profile for FurrySound     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by betting babe:
quick lock screen?? i LOVE THAT!!!
genius. thx Furry!!

anyone know how to hook up a 3rd monitor? just got it, but my video card already has 2 running on it... is it an easy split?
~BB


You'll need another video card most likely. Any cheap PCI video should work fine.

Source: www.pricewatch.com <-- great prices on all PC equipment.

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.

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JBCak47
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posted June 07, 2004 16:01     Click Here to See the Profile for JBCak47     Edit/Delete Message   Reply w/Quote
Hey money_p,

I understand what you are saying. I COULD HAVE opened an account when it was .0002 and was thinking about it but kept putting it off and now I pay the price!!! errrr!

However I am funding my choicetrade account and will have money tomorrow.

My experince with IBZT and QBID has been that there normally is a retrace, provided there is no new news or PR's. However anything can and will happen. Right now I am hoping for a retrace to below .0006 however I will buy in if I have the funds and it is at .0006 Worse comes to worse I buy another $100-$150 worth if it falls bellow .0006 again.

-John

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FurrySound
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posted June 07, 2004 16:01     Click Here to See the Profile for FurrySound     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Money_Penny:
I missed the BOAT big time and got in at 0.0007 today (darn Lowtrades took 4 days to open my account - could've bought last week for 0.0004). I'm now second-guessing that move since it is running out of steam at 0.0008. Where do you guys think this is gonna go tomorrow?

P.S. Low trades would only let me buy 500,000 at one time - what's up with that?


Low trades takes 3 days to activate a new account, hence your delay. They have a limit set to 500,000 for any buy orders, on any stock. Sells are unlimited though. Note: Check their Fees page so you know what you are paying when you sell.

------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.

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Booty Quest
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posted June 07, 2004 16:03     Click Here to See the Profile for Booty Quest     Edit/Delete Message   Reply w/Quote
<<<clapping>>> What a ride! The buys significantly outnumbered the sell. The Booty is happy 13mil strong

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BobTheSlob
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posted June 07, 2004 16:03     Click Here to See the Profile for BobTheSlob     Edit/Delete Message   Reply w/Quote
BB, you need to pick up a PCI video card to run that third monitor. They are getting hard to find since AGP is king now but you can usually find one at WalMart or bigger electronic stores.

Good luck!

Bob

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Doji say what!!
Member
posted June 07, 2004 16:04     Click Here to See the Profile for Doji say what!!     Edit/Delete Message   Reply w/Quote
what a day!!!!!!

cmkx i love ya

$26,524 up in one freakin day!

can i pass out now

open a cold one boy's and girl's a toast to the stock of the day cmkx!!!!!!
AMEN

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betting babe
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posted June 07, 2004 16:05     Click Here to See the Profile for betting babe     Edit/Delete Message   Reply w/Quote
I got in at .0007 too. Kicking myself for ignoring it at .0001 but I do see it breaking .001 so not worried about what could have been...

Thx Furry, but they're DVI LCD flat panels, and all 3 operate as one big screen, so while I wish it was that easy, I suspect it will not be. I'll work it out =)

~BB

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VNGNTN1
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posted June 07, 2004 16:10     Click Here to See the Profile for VNGNTN1     Edit/Delete Message   Reply w/Quote
DOJI
Sounds like it"s all paper for you. This was a buyers day, I think many of us are waiting for the dust to settle, but it sure looks good in the account. I always print the screen to tell how good I"m doing for her.
Works pretty good.
VAN

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cndboy
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posted June 07, 2004 16:10     Click Here to See the Profile for cndboy     Edit/Delete Message   Reply w/Quote
People people people... .0007 , .0008 etc.... blah blah blah.... These prices are a steal. I'm confident that this stock will hit over a penny in a couple of months if not sooner, uhmmmmmm like this month would be nice. So don't get greedy for a few hundred... Be happy you all got in at this price..... Didn't want to say this but holding way over doji's amount....

nahhhhhhh kidding....

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cool1sh
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posted June 07, 2004 16:12     Click Here to See the Profile for cool1sh     Edit/Delete Message   Reply w/Quote
BB,
Welcome to the CMKX club. Now do your wonderful DD/analysis on this one I always loved your posts on QBID thread.

Cool

quote:
Originally posted by betting babe:
I got in at .0007 too. Kicking myself for ignoring it at .0001 but I do see it breaking .001 so not worried about what could have been...

Thx Furry, but they're DVI LCD flat panels, and all 3 operate as one big screen, so while I wish it was that easy, I suspect it will not be. I'll work it out =)

~BB


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Booty Quest
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posted June 07, 2004 16:13     Click Here to See the Profile for Booty Quest     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Doji say what!!:
what a day!!!!!!

cmkx i love ya

$26,524 up in one freakin day!

can i pass out now

open a cold one boy's and girl's a toast to the stock of the day cmkx!!!!!!
AMEN


You Basturd!!! LOL!!! Awesome! That's an SUV in one day!

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fjean
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posted June 07, 2004 16:36     Click Here to See the Profile for fjean     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Doji say what!!:
what a day!!!!!!

cmkx i love ya

$26,524 up in one freakin day!

can i pass out now

open a cold one boy's and girl's a toast to the stock of the day cmkx!!!!!!
AMEN



DID YOU SELL YET?
I WAS JUST CHECKING OUT THE YAHOO CHART AND I'M SHOWING 0.007 AS THE DAYS HIGH. I THOUGHT SINCE YOU 66 MILLION CMKX SHARES, THAT WOULD BE ABOUT $462,000 . YOU CAN'T BEAT THAT. ONLY IN SUB PENNY LAND.

ANYWAYS, MY QUESTION IS DIDI YOU SELL?

------------------
IN SUB-PENNY WE TRUST

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will
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posted June 07, 2004 16:48     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Doji didn't sell a 1 share, not a chance!

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TradingWizard
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posted June 07, 2004 16:56     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Read carefully, how many shares this guy holds - 763 000 000 Ouchhhhh. If CMKX goes sky rocking this guy will be next Bill Gates!!!
http://knobias.com/individual/public/news.htm?eid=3.1.7ededcb6ca06b5809ca22337bc51a13cb1960e49f7af81c6a390487b382fc8fa

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

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TradingWizard
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posted June 07, 2004 16:57     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
and more... http://knobias.com/individual/public/news.htm?eid=3.1.d233e675e391155422620ab360dcc921e8067ab21d36a473bfcf2aecc1323ec7

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

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tutono
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posted June 07, 2004 17:07     Click Here to See the Profile for tutono     Edit/Delete Message   Reply w/Quote
Many of you already know this but thought I'd throw it out anyhow. That .007 high that is showing up in everyone's streamers is a wipe. It was simply some one putting ina bid @.0007 but they made a typeO. It happens very often. As a matter of fact I purposely set sell bids at 10x the bid price in the hopes that someone might again make that mistake and not realize till after it has executed.

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will
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posted June 07, 2004 17:07     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Oh my goodness! That's all I can say, he is/was a believer!

quote:
Originally posted by TradingWizard:
Read carefully, how many shares this guy holds - 763 000 000 Ouchhhhh. If CMKX goes sky rocking this guy will be next Bill Gates!!!
http://knobias.com/individual/public/news.htm?eid=3.1.7e dedcb6ca06b5809ca22337bc51a13cb1960e49f7af81c6a390487b382fc8fa


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TradingWizard
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posted June 07, 2004 17:11     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by will:
Oh my goodness! That's all I can say, he is/was a believer!


That is what at said too! And if he bought for 0.0001 with today close he is 1/2 millioner.

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

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TradingWizard
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posted June 07, 2004 17:19     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Just a reminder NYSE will be closed on Friday Jun 11, 2004 in honour of former president R. Reagan.

"A feel-good factor spread across the market, traders said, as Wall Street recalled the economic growth it saw under former president Ronald Reagan.

Trading was light on the first day of a shortened week, as the New York Stock Exchange and the Nasdaq said they will close this Friday to observe Reagan's death.

But widespread media coverage of Reagan's time as president -- marked by explosive growth in the economy and the stock market -- rekindled a sense of optimism among investors.

"There could be a nostalgia rally, a bit of a Reagan bounce," said John Davidson, president of Partner Re Asset Management Corp. "There may be an element of looking back on the Reagan years that is giving people once again a sense of well-being.""

Source: TDWaterhouse Market & Research

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Doji say what!!
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posted June 07, 2004 17:22     Click Here to See the Profile for Doji say what!!     Edit/Delete Message   Reply w/Quote
NO NOT ONE SHARE!!!!!!

WHEN THEY SLAP 9MIL BUY AFTER BUY AT .0008 YOU GOTTA FIGURE IT'S GOING UP FARTHER IN THE MID TERM....

PEACE

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will
Member
posted June 07, 2004 17:25     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Sometime, Doji, you're more fun to watch than the run is LOL.
OOPS! Forgot to say this will make up for PAVP or CDVJ, whatever that bomb was. Actually I still hold 1/2 my position in it @ .0063. Made a little on the other half.

quote:
Originally posted by Doji say what!!:
NO NOT ONE SHARE!!!!!!

WHEN THEY SLAP 9MIL BUY AFTER BUY AT .0008 YOU GOTTA FIGURE IT'S GOING UP FARTHER IN THE MID TERM....

PEACE


[This message has been edited by will (edited June 07, 2004).]

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tic_toc
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posted June 07, 2004 17:26     Click Here to See the Profile for tic_toc     Edit/Delete Message   Reply w/Quote
at what point is willy wizard gonna bail out then? how much fun will we have when he floods the market with 3/4 billion shares?

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Doji say what!!
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posted June 07, 2004 17:36     Click Here to See the Profile for Doji say what!!     Edit/Delete Message   Reply w/Quote
CDVJ just show's you can't guess the bottom on anything!!!!!

and in may everything went down!

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will
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posted June 07, 2004 17:37     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Are you still holding that?

quote:
Originally posted by Doji say what!!:
CDVJ just show's you can't guess the bottom on anything!!!!!

and in may everything went down!


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emunahstock
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posted June 07, 2004 17:45     Click Here to See the Profile for emunahstock     Edit/Delete Message   Reply w/Quote
GUYS, I HOPE YOU ARE ENJOYING YOURSELF HERE. BEEN PUSHING THIS SINCE .0001

HOLD YOUR SHARES. THIS HASN'T EVEN STARTED TO MOVE YET!

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Doji say what!!
Member
posted June 07, 2004 17:49     Click Here to See the Profile for Doji say what!!     Edit/Delete Message   Reply w/Quote
nope!!!!!

couldn't wait scored ctkh at .0024/.0025 sold at .0034/.0035 had 8mil now i have 1mil in ctkh.

i'm think about adding to ctkh if cmkx goes over .0011 sell 6mil cmkx add to ctkh at .003/.0031 sell target .0040+.
peace will

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Az...Cats
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posted June 07, 2004 18:05     Click Here to See the Profile for Az...Cats     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by vado:
That's all she wrote .0008 will be the year high.
Peace out.

Your a we todd Vado!!! Your the guy that got his azz kicked in school and kept coming back for more. It must be depressing for you to visit a site where you are left out. WE TODD DID

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TradingWizard
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posted June 07, 2004 18:14     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Today is such a good day on the DIAMOND market. CMKX doubled since last Friday to 0.0008 and my other diamond stock (TAH from TSX), their project got federal approval. FEELS GOOD TO BE AROUND DIAMONDS!!!
I better start planning my retirement soon, and do this full time!!!!

[This message has been edited by TradingWizard (edited June 07, 2004).]

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jackpot
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posted June 07, 2004 18:25     Click Here to See the Profile for jackpot     Edit/Delete Message   Reply w/Quote
Glad I bought in early on this one. I'm not going to miss the chance of a lifetime on this one!
ching ching , bling bling

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tic_toc
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posted June 07, 2004 18:29     Click Here to See the Profile for tic_toc     Edit/Delete Message   Reply w/Quote
TAH got the approval, good stuff, just bought in today

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TradingWizard
Member
posted June 07, 2004 18:33     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by tic_toc:
TAH got the approval, good stuff, just bought in today

Good luck!
I was waiting for this news patiently, and finally they got it the approval. I got in at 0.50, 0.385 and 0.33.
Check the news on the Canadian Stocks.

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

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tic_toc
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posted June 07, 2004 18:35     Click Here to See the Profile for tic_toc     Edit/Delete Message   Reply w/Quote
lol, ready have, thanks

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sharkus
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posted June 07, 2004 18:49     Click Here to See the Profile for sharkus     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by PAUL:
It has been growing pretty steady.

You will have to answer that for yourself.

I sure hope it doeas a nice slow climb. Going up fast makes me think it will come down fast.

If it goes up slow it will offer more support for the price in my opinion.

I still think it will do good long but, I said the other day I think we might see .0001 before .001, I hope I am wrong.

Someone ask melvin if this is Mt. St. Helen or is this just a tremor?

Paul


HAHAHHAHAHAH - mt. st. helens ...i loved that wacky call from melvin to IBC ...

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sharkus
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posted June 07, 2004 19:01     Click Here to See the Profile for sharkus     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by TradingWizard:
http://www.cafeshops.com/cmkx

OK this and the QBID one are not authorized by the companies. Why give someone else the profit? Buy the damn stock instead of buying the shirt. If you really want the shirt ...open your own FREE cafeshop store and put up the words or the image you want and buy it yourself for on demand printing.

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TradingWizard
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posted June 07, 2004 19:05     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by sharkus:
OK this and the QBID one are not authorized by the companies. Why give someone else the profit? Buy the damn stock instead of buying the shirt. If you really want the shirt ...open your own FREE cafeshop store and put up the words or the image you want and buy it yourself for on demand printing.


Sharkus, relax. On the good or bad news people will find a way to make money.

I believe who ever does the t-shirts already have the stock.

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

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sharkus
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posted June 07, 2004 19:05     Click Here to See the Profile for sharkus     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by TradingWizard:
Read carefully, how many shares this guy holds - 763 000 000 Ouchhhhh. If CMKX goes sky rocking this guy will be next Bill Gates!!!
http://knobias.com/individual/public/news.htm?eid=3.1.7e dedcb6ca06b5809ca22337bc51a13cb1960e49f7af81c6a390487b382fc8fa



He also has a nice little history with the SEC....personally I dont believe a word he says...good or bad for whatever I own.

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Leeman1
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posted June 07, 2004 19:08     Click Here to See the Profile for Leeman1     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by fjean:
TAILS --- I PLAN TO OPEN A SUBWAY IN DECEMBER 2004

Good luck with the Subway. My brother owns 4 here in Michigan.

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sharkus
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posted June 07, 2004 19:08     Click Here to See the Profile for sharkus     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by TradingWizard:
Sharkus, relax. On the good or bad news people will find a way to make money.

I believe who ever does the t-shirts already have the stock.



Oh its not that its just instead of buying the shirts .. buy more shares!!! Heck a 50 dollar order would have bought 500K shares at one point ..

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STAR GAZER
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posted June 07, 2004 19:24     Click Here to See the Profile for STAR GAZER     Edit/Delete Message   Reply w/Quote
People, people. Forget penneys. Think $$$$ and NOT JUST MAYBE. Remember, CMKX has hired a MAJOR big time firm to see them through the process of getting listed on one of the major firms, and it looks like it will be the America Stock Exchange or maybe higher? In order to get listed on the American Stock Exchange your stock needs to have been at the $3 level for 30 days. Even to get listed on the NSDAQ your stock needs to trade at a minimum of $1/share. So DON'T EVEN THINK OF SELLING IN THE PENNY RANGE. This is not your average penny stock. It has too many things going for it. And remember that it is only in the stage one part of the trading range. See write up below

The annual demand for diamonds as been rising
7% a year, production has been rising 6%/year
Existing world mines, mostly South Africa, Australia and Russia are reaching the end of their life. Brazil has and is exploring for diamonds but Canada is now emerging as the main diamond hunting ground. DeBeers and the Russian State Depository have been having to dip into their stockpiles of diamonds, but now only have a 5 month supply left. And then
there are the blood diamonds: where rebels in
overseas countries have taken over diamond mines by killing the people in the area and also, even where rebels are not involved, the
governments use child labor. In Canada diamond companies such as CMKX are going to laser inscribe tiny images of polar bears and
maple leafs to indicate that the diamonds are
not blood diamonds and these will sell at a premium to other diamonds. Diaamonds crystallize and form under tremendous pressure and temperature at depths between 120 and 160 miles. When they rise to the surface as magma erupting as volcanoes they form a carrot shaped pipe. These were first discovered near the city of Kimberley South Africa on 1870, and ever since have been called kimberlites. In other areas of the world, the kimberlites have been broken up by glacer activity or geologic activity. The kimberlites in our area were not affected by either activity. Volcanic activity tends to form volcanoes in clusters and the same thing
has happened with kimberlites and in our area
this is especially true. Go CMKX. The life of a diamond mine can last for decades, especially the larger ones and Canada now has four of the largest six kimberlites in the world. There are two stages in investing in diamond companies. The first phase is the exploration phase, where you locate kimberlites by finding indicator minerals such as garnets with high chrome content (done that), then do an electromagnetic air survey for kimberlite signatures (done that) and finally do a preliminary drill sample (that's what we are doing now) Usually this will only give an indication of diamonds, some microdiamonds, maybe even a macrodiamond
Next, if this is favorable you mine a sample that thousands of tons of material and then to an extensive test of it. This is done, because, as I stated earlier, in othe parts of the world the kimberlites are broken into fragments and so an initial drill result can not indicate if the mine is of commercial quality. However, in our part of Canada, the kimberlites have not been fragmented and so we may only need the initial drill result to show if the kimberlite is of commercial quality. Go CMKX. If it does prove to be commercially viable, the the price of the stock shoots up, if not, well then nada. This is also called the speculative phase.
the second phase is the production phase. It takes a while to start producing diamonds, to build the infrastructe etc, and that is expensive. When you finally start producing diamonds, and if they are gem quality and have a reasonable amount of macro diamonds and if the life of the mine is going to be in the decades, then the price of the stock will have a second explosive price rise and then a steady price rise as it becomes recognized as a major diamond life. We appear
to finally be at the explosive stage of the first phase, and then, in the furture there is the second phase to look forward to. Go CMKX. Let the good times roll. It took a lot of guts for all of us to invest our hard earned money in the speculative first phase, but then it took guts for the first person who said, "See that chicken there, I'm gonna eat the next thing that comes out of its b*tt." With that, I'd better say good night. It should be an interesting time next week.

I have yet to figure out what I am doing wrong. As I write one word here, part of another sentence starts moving on the page and eveything gets funny looking.

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Doji say what!!
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posted June 07, 2004 19:27     Click Here to See the Profile for Doji say what!!     Edit/Delete Message   Reply w/Quote
interesting read!!!!

Reality Check about MM's and Short's
« Thread started on: Today at 5:59pm »
I am new to this CMKM stuff. I found out about this company a few weeks ago. When my friend first told me about it. I laughed internally thinking my friend was throwing his money away at .0001 cent stock. He is rich though, so why not drop some cash on a really expensive lottery ticket. There are many theories out there about why the stock has moved and where it will go. After reading all the ridiculous theories about mm's and 1.4 trillion shares short I have to respond to end the brutality.

As a former market maker and a member of the NASD let me divulge a few details about what MM's due.

Before we go there let me assure you there are no institutional investor's in pink sheets stocks. Not hedge funds and definitely NOT MUTUAL FUNDS. They have no reason to throw there money in what could be a "pump and dump" scheme. The beauty of the pink sheets is there are no real rules and therefore any company can be anything it wants.

First no mm on earth will ever short a .0001 cent stock. Do you know why? CAUSE THEY CANNOT MAKE ANY MONEY ON IT!!!! why as a market maker would risk an endless amount of cash to make .0001 cent stock. What if this CMKM thing is true and they are sitting on a real pocket of diamonds they are reaching for the stars to get out. Why do that and why take that risk. Do not tell me to get .00005 cent is worth the risk it is not and they know that. Here is what mm's do. They put in a bid an offer on both sides of the market and manage inventory kind of like a ticket scalper at Wrigley. They stand on the corner and they provide a service buying tickets from people that have four tix but one person did not show up and they need to liquidate it the MM(scalper) who knows what those tix are going for makes a bid to the desperate person I will take your inventory and try to stand here and liquidate it myself hopefully for a profit. The desperate person agrees cause he needs beer money and a tix a wrigley can fetch quite a few beers. So a trade happens. The scalper then stands there and immediately tries to sell that ticket for more than he paid for it. What he does in a very non-sophisticated way is manage inventory, if he continues to accumulate inventory he lowers the price in order to encourage buying much like a store when things go on sale. MM's do this on a day to day basis and yes they do play a lot of games. That is how they make there living one quick buck to the next. They do not hold positions for more than a few mins much less a couple hours and they definitely do not go home with anything substantial in inventory.

Here is what I am trying to relay. I am not a basher of this stock. I have advised my friend to hold his stock until the company releases financials as they have promised to do. So those of you that say long and strong and no one sell I applaud you.

I willing to guess however that even if most of you sold on this message board it would not make much of a difference on the actual share price, except the people out there with over 100+million shares and you know who you are. What is pushing this stock up besides momemtum is the TEXT that UC is sitting on a cache of diamonds worth multiple billions. If he is not and all of this is BS this stock will plummet back to your fav. place the .0001 doldrums that it has been for so long. But if this is company is legit you will all make millions very easily. IF he has this cache DeBeers will be forced to make a move.

So we all know that and we will all wait until these results come back and the audits come thru. Then everyone will know what this company is worth. Basic valuation lesson FLOAT*share price=Market Cap. The two biggest companies in the world MSFT and GE only have market caps of 50 billion so if you find out that there are 37 billion shares outstanding dont expect this stock to be worth a buck. Think about value and base your trading desicions on that. Ultimately that is why stocks move, because they have fundamental changes in value, these press releases coming forth in the next month or so will fundamentally change value positive or negative. What nite and JEFF and other mm's are doing intraday has no effect long term on where the price is going. INTRA-Day think about in and out all in the same day.

In conclusion, the possibility exists with the stock where it is that a lot of shorts can and might enter the market where the stock is right here. .0008 offers tremendous potential back to the downside. That is why there was so much action from .0008 to .0005 late in the afternoon. why not sell at .0008 under the annual high and try it buy it back for a couple tix that is what market makers do. They are not inherently evil(do not get me wrong they do evil things) they like you are trying to make a quick buck. So put things into perspective instead of this US against the world mentality realize this is a competitive game and you can switch sides at any time. The only thing selling at this point you risk is if this thing takes off which it could do at any point from here is missing the big one. Also Short Squeezes can be very powerful but in order to do that the stock has to be at a place where people want to go naked short albeit under an alltime hi. not at absolute zero.

Finally, I hope for everyone on on this message board that CMKM is a legit company and they find the largest cache of diamonds known to man. But keep reality in perspective during these exciting times. Do not lock yourself in the bathroom for three hours to get away from the kids to dream about your "unrealized gains" and hitting refresh on your browser, be realistic. If this stock blows up it will be because there is fundamental news and hopefully enough people are enticed to short at .0008 and above and when they scramble to cover there is no one there to sell it to them. GOOD LUCK!!!! and happy diamond hunting.

P.S. I welcome any and all constructive comments to this post. I am not a basher I wish I had a couple hundred million shares of this stock.

by. phatsnapper

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TradingWizard
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posted June 07, 2004 19:39     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Interesting posts STAR GAZER and Doji!

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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 07, 2004 20:32     Click Here to See the Profile for WWJD-thru-me     Edit/Delete Message   Reply w/Quote
Doji an interesting reply to the message you copied in your post is posted on the casavantmining.com message board. I tried to copy it but the background is dark and it doesn't transfer well. Basically it said the purpose of the shorting wasn't to make money but to put them out of business and proposed that may have been prompted by DeBeers. I don't know about that. I do believe that we will be seeing a lot of short shares at the closing of the books with our present transfer agent. It will be good to see how much of this has been just hype and how much is truth. It should make all of us better traders if we find we are able to sift thru the garbage and find the truth or see if there is anything of value. I do think it would be stupid to naked short sell stocks to the tune of some many shares but if you thought they had no value you might just stop paying attention until you had already dug a hole. IMO-DD-Debi

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right42day
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posted June 07, 2004 20:35     Click Here to See the Profile for right42day     Edit/Delete Message   Reply w/Quote
Thank you, to all for the positive and negatives regarding this stock and others. I am 2 weeks new to this and all of you have been very helpful. It has been a very exciting day! Bought CMKX at .0002, have TFCT, QBID.

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