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![]() CMKX .0001 good holding stock get in while its low (Page 6)
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| Author | Topic: CMKX .0001 good holding stock get in while its low |
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highwaychild Member |
Bob, are you out there? IP: Logged |
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DiQuiRiesco Member |
quote: lol, yeah just a few IP: Logged |
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highwaychild Member |
All I know if QueerBID can jump then so can this.Granted I have alot to learn,but if there is a market in craming gayism down peoples throat then I know diamonds are forever.There are far many more wives that like there rocks than those just trying to get theirs off. IP: Logged |
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DiQuiRiesco Member |
You are right in that you have a lot to learn. CMKX is a lottery ticket is what I've heard. Sadly atleast the lottery gives you a one in thirteen point nine million chance of winning... CMKX/ CMKM/ CMKI does not. IP: Logged |
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Upside Member |
quote: QBID jumped because of hype and rumors that started on this and many other boards and it took off like wildfire. Until then it was a little discussed stock. CMKI/CMKM/CMKX/ has been discussed, both positively and negatively, for over a year now. As I said before, in my opinion, it can no longer come out of the blue like QBID did. Everyone knows about them and what they do, or do not do as some of us believe. This stock will only move when they actually do something that starts to generate revenues. Drilling on land that others have abandoned (and it's questionable if they even did that much) and dumping billions of shares onto the market do not generate revenues. Granted, if they come out with a p/r that says "we have found diamonds" it might take a very quick jump to .0002 or even .0003 but to think this will ever hit .01 to .05 is ridiculous. It's just not gonna happen. Watch for that p/r and get out as soon as IP: Logged |
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DiQuiRiesco Member |
brilliant point IP: Logged |
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highwaychild Member |
CMKX-treme is on T.V. QueerBID is not.I would say it's better to be seen and heard LOUD(NHRA),than not at all. IP: Logged |
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Upside Member |
quote: I'd have to disagree. Mr. Casavant himself stated that the main reason for the funny car is to attract more investors. In other words, "We need to dump another 100 billion shares on the market so lets get our name out there and attract some newbies that we can bilk". Apparently it worked. IP: Logged |
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highwaychild Member |
you just go around speeking for eveybody? IP: Logged |
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Upside Member |
quote: No I don't go around spEAking for everybody. Just going by history and what appears to be the truth, in my opinion of course. IP: Logged |
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highwaychild Member |
More investors would mean CMKX could rise and grow.It takes money to make money. IP: Logged |
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VNGNTN1 Member |
HighWay UPSIDE speaks for me on that last one. VAN IP: Logged |
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highwaychild Member |
Besides I don't look at this as a lotto, I look at this as a horse race,and this is just one I got in the stable. IP: Logged |
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joesturbo Member |
quote: Ya I agree, need to shoot her up with some steroids!!! IP: Logged |
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glassman Member |
let's hear where all these CMKX fans are from? northern canada i bet...LOL how many shares do they have to sell each day to fuel up that car????????? IP: Logged |
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highwaychild Member |
Nitrous would be better. IP: Logged |
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glassman Member |
quote: more shares means YOURS are worth LESS, why not just write em check???????? IP: Logged |
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glassman Member |
check this out and maybe you will begin to understand....... http://www.allstocks.com/stockmessageboard/ubb/Forum2/HTML/003451.html what does it take to start up a pink? IP: Logged |
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DiQuiRiesco Member |
I asked a question to all you CMKX/ CMKM/ CMKI longs quite some time ago that has gone unanswered. I would love to see an answer to this question: Name one company who has sponsored a race car with no product to advertise. Can you name one? Can you name one company who has no stated product to sell who sponsors a race car? Just one? IP: Logged |
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highwaychild Member |
Your mama,shes probably got one on her left ring finger,it's called a diamond.If they got 'em they got 'em, if they don't they don't.I'm not trying to start no S I'm just trying to see what's really goin' down. IP: Logged |
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highwaychild Member |
And thats why I like this board.Thanks for the insight,all I'm trying to do is learn. IP: Logged |
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Upside Member |
quote: Let's take a look at that. According to people here and on other boards, CMKX's spokesman Melvin disclosed the fact that their a/s is 500 billion. For the sake of argument, let's assume they are a conservative company and have only issued 20% or 100 billion of them. This would have to have happened between late 2002, when they terminated their registration, and today. They would have had to sell those shares at a discount to the MM's and in that time frame their stock has ranged from a high of .02 or so down to todays .0001. Let's be conservative and say their average sell price was .0001. That equals 10 million dollars. What have they spent that money on? A sham drill and a funny car? If this company were real they have had ample funds and time to "rise and grow" as you put it. That money went right into the pockets of Mr. Casavant and the few others involved in this scam. End of story. [This message has been edited by Upside (edited May 04, 2004).] IP: Logged |
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DiQuiRiesco Member |
quote: IP: Logged |
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Upside Member |
quote: How about Quaker Oats? No, wait, they have a product. Ok, how about Valvoline? Nope, they have a product too. Home Depot? No, they've got a bunch of products. Darn! This is harder than I thought! I'll have to get back to you. IP: Logged |
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glassman Member |
sirius satellite radio? ooop.. they are on the air. how about viagra....LOL hmmmmmmmm [This message has been edited by glassman (edited May 04, 2004).] IP: Logged |
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needtoretire Member |
DQR and Upside, Just a question! why if you two hate this stock so much do you keep posting about how bad it is for the past several months? If you don't like it then stay of the board. IP: Logged |
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glassman Member |
quote: who died and and left you in charge???? IP: Logged |
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glassman Member |
oh yeah, we are trying to bash the price down some more so we can get it really cheap...LOL IP: Logged |
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Upside Member |
Originally posted by needtoretire: quote: I wouldn't presume to speak for DQR but I do it for one reason. This is an open forum to exchange viewpoints, both positive and negative, about the merits or lack thereof of investing in a particular stock. Without people bringing up the potential downside to a security, we would have nothing but a cheerleading session going on. Just trying to do my part to paint a fair and balanced picture. IP: Logged |
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Upside Member |
quote: I like it! Let's keep it up and see if we can knock it down to .00005 or so! LOL! IP: Logged |
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needtoretire Member |
quote: I was not talking to you, but I don't own this stock and never will. I'm just curious why the posting keeps on going for months on how bad this stock is and there is bilions in volume everyday? Just a question, and you don't know me well enough,and I just started trading shorlty ago. These are only questions so COOL OFF!!! IP: Logged |
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DiQuiRiesco Member |
The thread we were talking on was deleted by BOB whilst I was typing so as the discussion we were having pertains to this "company" I will post my reply here. As well as a reply to Bob who is monitoring way past his bedtime, in a subsequent post soon to come.
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Bob Frey Member |
I don't own this stock and have no clue about the company. Sorry. IP: Logged |
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needtoretire Member |
quote: Hey I agree there needs to be an open forum for the pros and cons. I beleive that if you could have posted two three or four times, but you guys have been posting against this stock for along time. Just asking why you spend so much time at it? Only a question! IP: Logged |
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glassman Member |
you asked us a question we are answering, if you spend some time here, you will see that some of us have interest in actually helping new people become better investor's and or traders(like others did for us). we do it for reasons that most of the pumpers of CMKX don't understand and that's fine by me, but if i am driving down the road and i see an accident and there is no (or not enough ) cops/help, i stop and offer assistance--just my nature ...... IP: Logged |
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glassman Member |
those billions of trades appear to be sales.......but not by investors.... ask around, see if anybody can sell theirs once they buy them....... IP: Logged |
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needtoretire Member |
quote: That's cool , and if that's the reason I'm cool with that. Like I said i'm new at this myself and i'm still trying to see through the smoke. I don't know the ropes yet, and if you guys are trying to help people hang onto their hard earned money that great. I didn't mean to accuse !! IP: Logged |
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Upside Member |
quote: Because there is a far greater number who recommend this stock over and over again. We are trying to present the oppoing viewpoint so all can make an informed decision. Read the whole thread and see who's posts have the most research involved. The people in favor of it are mostly drooling over some p/r that's going to come out soon and send this mess of a stock skyward. We who are negative are supplying facts about this company's history and its owner. As a new investor, I would assume you came here looking for facts. If we only made one or two posts, you might be swayed to buy this heaping pile as all the other posts might make it look very tempting. By responding to the cheerleading, hopefully you and others can make a well informed decision. [This message has been edited by Upside (edited May 05, 2004).] IP: Logged |
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billy3ci Member |
total shell that won't move unless some "good" fake PR comes out and even then it will prolly rocket up to .00011 at best. i'll post it again... By Carol S. Remond (This article was originally published Tuesday, 3/16/2004) NEW YORK (Dow Jones)--We may not know a lot about CMKM Diamonds Inc. (CMKX) but here's one thing you can be certain about: The Company apparently has a mine full of shares outstanding. Trading data shows that, over the last 21 days, CMKM's daily volume was nothing short of monstrous with billions of shares trading hands every day but three. And on one day, Feb. 17, an incredible number of shares traded - 3.82 billion. True, the stock traded from a high of $0.0003 and a low of $0.0001. How big is 3.82 billion? That's more shares traded in this one stock than ALL of the shares traded that day on the New York Stock Exchange, NASDAQ and the American Stock Exchange - combined. Those exchanges that day saw a healthy volume of 3.65 billion shares traded. And that's composite trading, which includes share changing hands on regional exchanges like Philadelphia, Chicago, Boston, etc. There's also been so much trading in this tiny stock that it accounted for 44%, or 3.36 billion shares, of Knight Trading Group Inc.'s (NITE) average daily share volume in February. All of which begs the question - who are these CMKM guys? CMKM shares trade on the Pink Sheets, which means that the company doesn't file any financial information with regulators. So, investors looking for even the most basic information about the company, like the number of shares issued and outstanding, are out of luck. CMKM has refused to tell Pink Sheets how many of its shares are currently outstanding. 1st Global Stock Transfer, the companys' s transfer agent, also refuses to discuss that information. Melvin O'Neil, a spokesman for the company's president and large shareholder Urban Casavant, declined to provide any information about the company. "As soon as Mr. Casavant finishes retiring shares, he will put out a press release," O'Neil told Dow Jones Newswires. O'Neil said he couldn't explain the string of huge daily volume experienced by CMKM. Pressed to provide information about the number of CMKM shares outstanding, O'Neil said "legally we don't have to provide that information." And guess what? In the unregulated world of Pink Sheets, O'Neil is right. CMKM, once Casavant Mining Kimberlite International Inc., stopped filing with the Securities and Exchange Commission last July. A look at Casavant Mining's filings shows that there were 7.24 billion shares outstanding as of Jan. 15, 2003. A Feb. 3, 2003 filing with the SEC shows that Urban Casavant and his family controlled about 770 million shares, or about 10%. Unnamed majority shareholders meanwhile controlled about 7 billion shares, or about 85.6%. The filing doesn't explain why the number of shares owned by Casavant and the majority shareholders add up to more shares than the company says is outstanding. Timing is a little vague. But it looks like around the same time, Cassavant Mining issued about 560 million in a private placement to raise about $2 million. Then, according to the filing, there were 500 million shares issued to purchase an ancient Chinese jade collection appraised at $50 million. Another filing shows that in May 2003, another 1.06 billion shares were issued to pay two consultants. Adding all of these shares up, it looks like Casavant Mining had about 9.86 billion shares outstanding when it stopped filing financial information with the SEC. Add into the mix a two-for-one forward split announced in August 2003 and you got about 19.78 billion shares outstanding at the end of September. Then comes a number of press releases announcing the retirement of billions of shares. First six billion shares in September and then another 16.52 billion in December. It's unclear whether the six billion retired in September were part of the 16.52 billion retired in December. If so, more shares would have had to have been issued to allow 22.52 billion shares to be retired. Since the beginning of the year, CMKM has put out six press releases about it’s supposedly burgoning mining business in the Saskatchewa province of Canada. None of these releases included any information about the company's stock other than the new ticker symbol under which it now trades. Most recently, on Monday, CMKM announced that it began drilling on privately owned land in which it owns the mineral rights. Company president Casavant clearly brimmed with exitement when he told shareholders in that realease that "We are pleased to have started our drill program two days ahead of schedule. We have secured funding for an aggressive six-month drill program and we are drilling on claims which CMKM Diamonds Inc. owns the mineral rights. Equipment has been mobilized and we are drilling at this moment. We are drilling on targets that have the highest probability of a kimberlite find. We would like to thank our thousands of shareholders for their patience." Good luck to shareholders drilling for information that most would consider routine. Hopefully, holders don't keep striking a dry well. [This message has been edited by billy3ci (edited May 05, 2004).] IP: Logged |
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Upside Member |
And that's exactly what I'm talking about. Research by one of the negatives (Billy3ci) that presents some facts about this company. Not some drivel about a "soon to be announced" press release that will "shoot us to the moon". IP: Logged |
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emunahstock Member |
lol I am not getting into a rift with people on stocks. Melvin hinted that they are retiring a lot of shares under .0001 that is why the stock price hasn't moved in months. It has taken months to retire all the shares and since there was a lot it needed to be frozen by the M'Ms. Now this is not written in stone but it makes a lot of sense. Melvin also said they are trying to make the o/s something we can live with. So good PR, now 70% of Kimberlines hit diamonds in that area + the o/s count resonable. Stock price is going way up. I never said $1 just a resonable Qbid jump. That is good enough for me. IP: Logged |
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emunahstock Member |
One last thing, it is good you see the other side of the stock before investing. Like I said to my friends who I told about cmkx, Large Risk = High Return. Only trade with what you can afford to loose. I AM WILLING TO LOOSE $7,000 ON THIS HIGH RISK STOCK. If they don't find diamonds and announce a lower o/s my money is worthless. If they announce Diamonds and lower o/s, I WIN BIG. I also have thousands in Qbid, I consider it just as risky as if they don't put their show on the road, WE LOOSE IT ALL as they have a large o/s and if it drops it will drop very fast. I AM ALSO WILLING TO LOOSE ALL THIS MONEY. One must always know and accept the risks involved in Pennies and pinkies. IP: Logged |
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CashCowMoo Member |
we are all damned anyway, why is the inevitable put off for so long you greedy sums of bi^^^s ------------------ IP: Logged |
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emunahstock Member |
lol IP: Logged |
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YOuNgFettaChini Member |
Sorry guys....I couldn't resist! Yes, I was a former class clown.... DQR Quote Sounds like a ghetto George Bush speech!! Just messin' with ya'!! ------------------ IP: Logged |
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clay Member |
United Carina, Cons Pine hit kimberlite in Saskatchewan United Carina Resources Corp UCA Click here for company snapshot: http://newstockwatchcom/swnet/utilit/ut...esultaspx? IP: Logged |
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rich555 Member |
green my favorite color, my second favorite color is red, i mean watching bashers turn red. IP: Logged |
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pharmdman Member |
I don't know why everyone has their panties in a knot over this one... let me sum it up, pure and simple.... you have a better chance of surviving getting struck by lightning, while flying a metal kite, while pissing on an electric fence, while castrating a pitbull, while sucking on cyanide, while blowdrying your hair in the shower!... having said that, I still threw some cash on this sucker just in case it's my turn to hit the lottery... hope this helps clarify! [This message has been edited by pharmdman (edited May 05, 2004).] IP: Logged |
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TradingWizard Member |
GO CMKX GO! GO GREEN GO! I have to use GO somewhere, since no more GO LEAFS GO! May be next year playoffs (...I said that 10 years ago). [This message has been edited by TradingWizard (edited May 05, 2004).] IP: Logged |
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chessco Member |
I hear ya Pharmdman, I have holdings in "serious" companies with products (respectable bio-techs) and fledging ones (IBZT, QBID), and every now and then I see the value melt by thousands in a few days for no known reason. So, I figure, what the heck, I can throw a few hundreds into this CMKX/M/I and see what happens. In for acouple of million shares.
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