posted June 09, 2004 23:08            

Right now it is equivilant to about .0012 since $1200 gets you a MILLION Dinar's. Before the second war, the old dinar was at .33 to the american dollar. Before the FIRST war it was 3 dinars to every dollar, so as the IRAQI dinar was worth more then the American dollar. Now a dollar buys you like 800 dinars.

When QBID hits, or cmkx, or usci, I plan on buying at least a Million dinars. If it goes to a penny its worth:

.01= $10,000
.025 = $25,000

.1 = $100,000

$1 = $1,000,000

What do you think? I mean we did invade them, capture their dictator and install a new government with NEW money. What will happen to the dinar when the Iraqi oil wells and reserves are tapped to 10% potential? 40% potential? 80% potential?

You can go lower in the amount of Dinars you can buy , however, amounts over 100,000 are normally given in 25,000 dinar notes. You can buy as low as 1000 dinars, HOWEVER to buy a MILLION dinars in 1000 notes, would cost you about 1700. So maybe 1/2in 1000 notes, 1/4 in 5000 notes and the rest in 25,000 notes.

I am going to try and save up here and there but hopefully cmkx hits soon, or even QBID (which has been sooooo good to me).

Even if it only went to a dime (the dinar that is) a million equalls 100,000 in currency... and come on... how sexy is having one million Iraqi Dinars in your portfolio or closet?!?!?hehehe...

posted June 09, 2004 23:41            

How would someone like me go about getting
dinars?

That just might turn out to be a damn good
play.

posted June 10, 2004 00:41            

guys read this...... I am buying 500 000 tomorrow

Gender:
Posts: 904
Re: “Buy all you can period before June 16th.”
« Reply #5 on: Today at 11:11pm »

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This information was in the thread "Gag Order Imposed"

ps. Speaking of leaks, I heard through a friend of a friend etc etc etc ( we all know the routine ) that the following question was asked to UC. ( going to paraphrase )

Paraphrase: When asked about the buyout rumor of $1.00 to go private, his response was along the lines of: Probably not going to have to worry to much about that as I suspect most everyone will be out by .61cents, then he ( UC ) preceded to finish the conversation with this little gem, “Buy all you can period before June 16th

As well, it was said that UC told someone to not visit the drilling site on June 21 like they had planned - it would no longer be necessary by then.

posted June 10, 2004 00:57            

quote:

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Originally posted by Damian:

guys read this...... I am buying 500 000 tomorrow

Gender:
Posts: 904
Re: “Buy all you can period before June 16th.”
« Reply #5 on: Today at 11:11pm »

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posted June 10, 2004 01:06            

Melvin stated the picture of Mt St Helen errupting...GUESS WHAT the date was 18th...

Secondly 18th is a Friday..... HMMMMMM MM's are fast asleep... firstit was lawyer news, now what.....

posted June 10, 2004 01:16            

quote:

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Originally posted by joeyisthebest:
Who would cash every share they have at .61 if we got their? How many people will hold some for a dollar or three?

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posted June 10, 2004 03:12            

bout the MM's and short shares:

You don't need a law firm like Edwards & Angell to straighten out your share structure, all you need is a fairly competent securities attorney. Penny companies hire attorneys every day to help them with audits and reporting, but very rarely (if ever) do you see them hire law firms of this caliber. I would challenge anyone to find another Pink Sheet company that has hired a law firm like this. You may find one or two if you're lucky, but I doubt it, that should be speaking volumes to us right there.

Provided there is a short position out there, and no matter what size it is, if you are going to attempt to get it straightened out, you had better be prepared to put a floor with value underneath the company or you will get shorted all over again. The same would apply if a company does a R/S, if there is little to no real value under the stock, the stock will get creamed with short selling, there's no risk to the short sellers, it's simple economics.

I am fairly certain there is some degree of short shares out there in CMKX, but I highly doubt it is anywhere near what some folks have suggested. You should not be focusing so much on the short share angle, because in all likelihood we will never know what it really is. I can promise you one thing for sure, if there is going to be substantial value placed under this company, anyone and everyone who shorted this stock was aware of the value long before we were, and has most likely already covered their positions down around .0001 and .0002. As I've said before, these guys are dirtbags but they're not dumb.

About the trading over the last few days:

It has been an exciting and rocky battle for sure, and while it is depressing that we don't move up 100% per day, it is perfectly normal to have these up and down gyrations. It's a tug of war between buyers and sellers. Some people are buying long, and some people are looking to just flip the stock for a quick profit, day traders or swing traders.

This is healthy for a stock, it provides the necessary action to keep a stock moving. There's nothing more painful than looking at a stock that just sits there for weeks on end with no volume, it's impossible to get in or out without the MM's making you pay a heavy price for doing so. Although it may not be a very nice thing to say, days like today are actually good for a stock, why? because when a stock takes a scary dip, the inexperienced or weak investors will all panic and bail out the first chance they get.

If this stock is going to be moving higher in the near future, the last thing you want is a lot of weak investors holding the stock. Every time the stock moves up a tick or two, you will have weak investors dumping their shares into the market, and it will be extremely difficult for the stock to gather any serious momentum.

For the swing traders out there, you may have been able to unload your stock at .0008 this week and tried to get back in lower, but you would have been lucky to get back in at .0006, more likely .0007, that is a very thin margin and a dangerous play if this thing were to take off while you were out. This actually looks like a good sign to me because I get the impression the MM's are trying to scare people out, but at the same time, they don't want to allow the swing traders to play this thing.

About the company:

We have all had a chance to do some DD over the last week or so, and from my standpoint, the DD could not be any better. We have news stating the company is preparing to become fully reporting, and will be bringing the share structure out into the open. We also had news that we have hired one of the most reputable law firms in the world to represent us, BTW a Friday midnight PR of that magnitude was a brilliant move!.

In my opinion there is only one reason to make a move like this, there is something of serious value that has been discovered, and immediate legal protection was required, it would be major overkill to hire Edwards and Angell to help us become a fully reporting company. A law firm of this caliber probably bills out at $400/hr, so I would bet it won't be very long before the company becomes fully reporting and the share structure is out in the open.

If they take too long with getting all their ducks in a row, they will go broke on lawyer fees alone. As I mentioned before, it is my speculation that there is a lot more to this story than hiring this law firm just to help us become a reporting company however, we will not know for sure until more news is released to the public. I'm personally betting there is much much more to this story.

Other bits and pieces:

I've noticed a significant decline in the number and size of posts from some of our most outspoken cheerleaders. I have my own theory on this but I probably shouldn't go there because it is only theory at this time, let's just say we could be closer to something big than we may realize. All in all I think we've held our price position relatively well, it's a little scary and unnerving but as I said before, it's a good thing.

Had we not gotten the PR's that we did last week, I would be much more concerned about things. Just by reading the PR's, you can feel there is a sense of urgency to get things moving forward, so it probably won't be very long before we hear more from the company. At that time, we can further evaluate our situation and we we all stand as shareholders, until then, let's keep a cool head and hope for the best for everyone.

These are just my personal thoughts and opinions.

Good Luck to us All!

posted June 10, 2004 08:49            

quote:

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Originally posted by JBCak47:
Pharm, how about the IRAQI dinar?
...

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John, Very interesting idea!... I was checking it out this morning and at today's exchange rate it takes $687.76 to get 1,000,000 Iraqi Dinar (plus conversion fees).

http://finance.yahoo.com/currency/convert?amt=1000000&from=IQD&to=USD&submit=Convert

I can't believe that I'm actually considering this, but you make a good argument. One thing that concerns me though... What if the new Iraqi govt doesn't last (whether overthrown or elected out) and the "new" dinar are then recalled/invalidated? What problems have you considered so far?

posted June 10, 2004 08:51            

quote:

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Originally posted by joeyisthebest:
Who would cash every share they have at .61 if we got their? How many people will hold some for a dollar or three?

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posted June 10, 2004 09:09            

quote:

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Originally posted by pharmdman:
I have a graduated exit schedule in mind (hell, I already have some of them as GTC!), but you can bet i'd have sold some by .61 !!

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posted June 10, 2004 09:35            

quote:

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Originally posted by Booty Quest:
Ya think?!!! Byotch you'll sell by 0010 you wuss!

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posted June 10, 2004 10:16            

quote:

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Originally posted by pharmdman:
I just signed up for L2, and I have a question ? ... what does the "1" mean on the ask/bid size? is that literally one share? does it mean something specific?

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posted June 10, 2004 10:50            

quote:

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Originally posted by pharmdman:
I just signed up for L2, and I have a question ? ... what does the "1" mean on the ask/bid size? is that literally one share? does it mean something specific?

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posted June 10, 2004 10:54            

quote:

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Originally posted by Esteban:
Pharm, I believe the number you are talking about needs two zeros added to the right, then it inicates the size of bid or ask.
Steve

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posted June 10, 2004 11:36            

quote:

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Originally posted by pharmdman:
thanks, Esteban... but, then there would be tons of trades for only 100 shares? I was thinking that they only list 1 share to show the ask or bid, but then execute the trades for the actual number of shares... that way, you can't see how many shares are lined up to sell or buy. am i way off?

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Dammit! I have been lurking the Allstock board for nearly two months learning from you and many others. I finally got brave enough to try to baffle you with my intellegence and I screwed the pooch.
I shall continue lurking, one of these days I will have the correct answer. LOL
Steve

posted June 10, 2004 11:42            

quote:

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Originally posted by Damian:
500 000 @ .61
250 000 @ 1.00
250 000 @ 3.00
200 000 @ 5.00

thats my goals...

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Mine almost to a tee except,

300,000 @ 5.0 or more. I would let this ride.
Holding 1300000 shrs.

posted June 10, 2004 11:44            

quote:

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Originally posted by Esteban:
Dammit! I have been lurking the Allstock board for nearly two months learning from you and many others. I finally got brave enough to try to baffle you with my intellegence and I screwed the pooch.
I shall continue lurking, one of these days I will have the correct answer. LOL
Steve

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posted June 10, 2004 12:25            

When I first heard about the dinar about a week ago I came to the same conclusion, the dinar needs to be kept and the government supported.

However, keep in mind that the bank of Iraq does have hard currency, or it will since US forces captured billions in gold,silver and american dollars. Now the real question is was any of it turned over yet to Iraq or is the gold and money sitting on a US base in Iraq? Or even here on the homeland?

$700 for 1 million?!? hmmmmm I guess you are right, but the money exchangers are making a profit off of it since the availibility of going to Iraq to get Dinars is remote. Even at 1200 for 1 million isn't bad in my opinion and since Oct, I think the dinar has risen over 40%. Now, in my opinion, we printed up ALOT of dinars, with MANY security features. I would imagine that the new Iraqi government will print NEW dinars however, you will probably be able to trade them in for the NEWER dinars, much like what was done with the old dinar featuring Saddam.

I am really considering buying 250k dinars since that is all I can really afford right at this time, however if they hold onto the dinar for even a year more, you probably will see a rise in the price of the dinar since it hasen't even been a full year since it's release.

OR

We can wait until AFTER the interm government is setup and then see if they print new dinars or not, then buy either the newer ones or the old ones (non-saddam).

What do you guys think? I think I have to do some DD about what was done in Japan/Germany after WWII inregards to the printing of currency.

There is a possibility to make some serious cash in the dinar... I am sure their are American politicians/people over there that know what will happen to the new dinar, if it will be phased out. The last time they phased out the saddam money you had a grace period to use it, hand it in and get newer notes. I would imagine they would do they same for the new dinars as well.

posted June 10, 2004 12:27            

2x.0002
2x.0004
15x.0005

posted June 10, 2004 12:32            

quote:

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Originally posted by pharmdman:
BID

2x.0002
2x.0004
15x.0005

ASK
1x.0006
8x.0007
8x.0008

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Whewww, look at youuuu
with the slick newww L-Twoooo
Poopoo be doo doooooo

posted June 10, 2004 12:52            

quote:

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Originally posted by Booty Quest:
Whewww, look at youuuu
with the slick newww L-Twoooo
Poopoo be doo doooooo

Yeah, I'm bored

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posted June 10, 2004 12:52            

quote:

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Originally posted by Booty Quest:
Whewww, look at youuuu
with the slick newww L-Twoooo
Poopoo be doo doooooo

Yeah, I'm bored

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posted June 10, 2004 13:40            

quote:

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Originally posted by onthemark:
has anyone sold at 0007 and has any one bought 0n the 0005 bounce or are tohes prices just for the chosen ones mm's???????

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posted June 10, 2004 13:45            

quote:

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Originally posted by lilmama:
I am alittle slow to all of this learning bits and pieces along the way. Are you suggesting that this will reach .61 on or about the 18th? Thanks for any help!!!!!
I am with everyone I wanna make the big bucks.1,700,000 shares!!!

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posted June 10, 2004 13:51            

why is everyone expecting a PR today? speculation? or did it get mentioned somewhere?

posted June 10, 2004 13:54            

quote:

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Originally posted by Golf57:
I own alot of shares in this stock and would like nothing more than to see it hit .61cents. I don't want to burst your bubble but, there's no way on earth that this stock will ever hit that level without atleast a couple of reverse splits along the way. I think a more realistic goal is around .01 or .03 that's as high as I think it will get to, if that.
Again, I'm not a basher just a realist.

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posted June 10, 2004 14:12            

was in at 5, out at 8 cuz i procrastinated 9, back in at 7 cuz i panicked, and averaging down at 5 if i can...

it's a fun ride, anyway =)
~BB

quote:

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Originally posted by onthemark:
has anyone sold at 0007 and has any one bought 0n the 0005 bounce or are tohes prices just for the chosen ones mm's???????

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posted June 10, 2004 14:15            

quote:

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Originally posted by makemerich:
I bought more at 0006 this morning (ameritrade).

why is everyone expecting a PR today? speculation? or did it get mentioned somewhere?

note that last big PR was released just before midnight on Friday. don't most companies release BIG PRs that will affect stock price after market closes?

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The 'rumor' is a PR might come out this weekend. Since the markets are closed tomorrow in observance of RR's passing away, you won't be able to buy then, today being the last day then.

posted June 10, 2004 14:19            

quote:

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Originally posted by betting babe:
buy open all day & not filling @ .0005
it's like the low is a "privileged low" dangit

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