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 CMKX II new Thread. Get it while you CAN ! (Page 49)
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| Author | Topic: CMKX II new Thread. Get it while you CAN ! |
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cool1sh Member |
posted June 24, 2004 13:34
  
True. I wouldn't jusdge Mel depending on the timing of PR (Fri)
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Money_Penny Member |
posted June 24, 2004 14:02
Boy, I am down nearly 50% on this stock and I am excited! Why? - Because I truly believe in this company and I see this as another genuine buying opportunity at ridiculously low levels. I will probably buy more tomorrow, assuming the PPS does not go up until then. Power, I am still waiting on that e-mail! Thanks. IP: Logged |
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VNGNTN1 Member |
posted June 24, 2004 14:21
MMR I did not see your full question answered about why MM have signals. Let me give it a shot. A football team practices together for a long period of time. Part of what they do is create certain sounds , movements, etc. that indicate what play to run, Sometimes even after they are line up on a play the quarterback will call an audible WHY ?. He realizes the defense has correctly identified the play and so will modify it at the last moment. Think of all the MM as team members. They help each other out. VAN IP: Logged |
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WWJD-thru-me Member |
posted June 24, 2004 14:31
I just bought some more CMKX at .0005. There is a rumor about Saloman Smith Barney and Waterhouse buying lots of shares and looking to move the price up. They are not short in this stock. Also I am inclined to believe the company will be releasing a press release soon. Friday after the market would be similar to previous PR's and would hopefully be the big kahuna PR I am looking for. GLTA-DD-IMO-Debi Now I need to find some stock to sell so I can buy more tomorrow if the price drops. IP: Logged |
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makemerich Member |
posted June 24, 2004 14:31
sorry for all the newbie ?s today... On the unofficial cmkx board there has been discussion of a dividend payout to make the MMs pay up. Sorry if I'm being daft here, but how does a company without revenue pay out a dividend? Even if there are lots of big, quality diamonds found, a revenue stream is some time away still. IP: Logged |
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VNGNTN1 Member |
posted June 24, 2004 14:41
MMR The $64m question. Here is ONE possible answer. You buy a piece of land thinking it will produce a good crop of corn. As you plow you notice a strange yellow substance in the wake of the first plowing along the creek.On the next round you stop and checkout the creek at that location and find the yellow streak runs into the creek and some yellow rocks are there also which you collect and take to someone for testing. A couple weeks later the result of GOLD is indicated and geologist says DO NOT PLOW wait for a mining study as a large vein is near the surface. Now the Geologist happens to have an uncle who has connections and before you know it someone is knocking on the door with a very attractive contract to provide money for this endevour. You mention yes ,BUT some people gave me money to but the land and we must considered them. This GUY knows whats there and offers $00000 to make it right. DON'T WE ALL HOPE????? VAN IP: Logged |
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WWJD-thru-me Member |
posted June 24, 2004 14:44
Makemerich-If they own all or most of the Outstanding stock they won't have to pay the dividend. The people who are short will need to pay. I think it is a great idea. I don't really know how it would play out but I have seen some posts on this idea and it sounded good. IMO-GLTA-Debi IP: Logged |
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cabbage22 Member |
posted June 24, 2004 14:45
Pacific recieved books this morning. IP: Logged |
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VNGNTN1 Member |
posted June 24, 2004 14:56
C-22 Sounds like we are setup for tomorrows PR VAN IP: Logged |
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makemerich Member |
posted June 24, 2004 15:00
quote: Don't think we'll get THE report tomorrow... got this from the message board: >>>> item #2 : they have just received boxes and boxes and boxes of papers, and it will be at least a week until they know how many shares are out there... call back after 4th of July she said...
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cool1sh Member |
posted June 24, 2004 15:07
I was hopinh for things like this. IMO its hard for the pps to go up if all the MMs shorted this stock. If there are some powerful MMs that didnt short the stock, then it will be good for us. If EVERY MM is involved in shorting, its hard to defeat them. JMO GLTA
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Power106 Member |
posted June 24, 2004 15:11
I am assuming that what has happened today is what Melvin was talking about in the email. Let's hope so for Melvin's sake. LOL IP: Logged |
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VNGNTN1 Member |
posted June 24, 2004 15:16
MMR OK SO THEY GOT THE BOXES!! How does that stop a PR by the company ??? I know there are a lot of new investors here, but get a grip and think logically, these two items are not directly related. VAN PS sorry didn't mean to be mean or mean, but just got done responding to an IDIOT COMMUNIST on another thread an dit spilled over a little, very little here. [This message has been edited by VNGNTN1 (edited June 24, 2004).] IP: Logged |
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makemerich Member |
posted June 24, 2004 15:20
I just meant that there's no way they will know the O/S tomorrow. Isn't that the PR everyone is looking for (I mean besides the BIG DIAMONDS FOUND one). I would think the O/S comes around the same time as that to be more effective.
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Money_Penny Member |
posted June 24, 2004 15:22
quote: But then how could Melvin know what's in the boxes, i.e. what the OS count is? The outcome of the count could still be positive or negative, right? Am I missing something? IP: Logged |
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Money_Penny Member |
posted June 24, 2004 15:23
Debi, Did you try to buy at .0004 or did you set the limit at .0005? LOL, I hope the PPS goes up quick - I am tired of typing all these zeros after the decimal.....but I surely would not mind typing them before the decimal [This message has been edited by Money_Penny (edited June 24, 2004).] IP: Logged |
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Power106 Member |
posted June 24, 2004 15:27
My question to Melvin was...... "When are you going to release an press release regarding the possible diamond find and anything pertaining to being fully listed and reporting?" I did not ask about how many outstanding shares......Just anything pertaining.......
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will Member |
posted June 24, 2004 15:33
If the "promised" Friday PR is like the one after announcing retaining Edwards & Angell, "We are going to work", but only referencing the Transfer Agent. Will that be a disappointment? The only thing it will do is confirm that the books were received and work has begun, which was expectd. IP: Logged |
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TradingWizard Member |
posted June 24, 2004 15:34
Suppose they get 500 calls a day, 1 minute per call, that translates to 8.33333 hours, that is one business day. I think that people should back off a little and let them do their job. The naked shorting clean up is not 'one' day job, at the mean time we are taking their days alway. If we don't relax a bit, the next PR we will get is 'The Boxes Arrived and We Working On It'- and I don't think we want that because, the next step will be what a stupid PR (but remember we asked for it), then comes analysis of the PR (stripping to bare bones). So lets all of us be patient. Disclaimer (lately needed on these threads): This is my general opinion and it is not directed to any particular individual on this thread. ------------------ IP: Logged |
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Money_Penny Member |
posted June 24, 2004 15:35
quote: For the sake of all investors, I would hope they are not releasing any more fluff PRs. IP: Logged |
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cool1sh Member |
posted June 24, 2004 15:36
I have an order since yes'day at 0004. No fill yet.
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VNGNTN1 Member |
posted June 24, 2004 15:37
MMR The company KNOWS the O/S and the A/S and has from the beginning. What the MM's do only affects new investors who PERCIEVE what they want. That is why you see a number of posters here who claim they are LONG, and rightfully so. I sense you are new to board and new to investing. That's OK. Ground yourself in Fundamentals and progress to Technical. VAN [This message has been edited by VNGNTN1 (edited June 24, 2004).] IP: Logged |
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makemerich Member |
posted June 24, 2004 15:46
quote: I'm just agreeing with those who are hoping for real PR about official O/S numbers, no more fluff. And from the sounds of it, they won't be able to get the official numbers for a few more weeks. IP: Logged |
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VNGNTN1 Member |
posted June 24, 2004 15:52
MMR I guarantee you that I could devise a accurate, non-inflamatory, postive PR if you will give me the data. It might even pass thru the new legal counsel. Hoping for the best. VAN PS I"ll word it from a Geoligist point PS I'll word it shareholder's point PS I"ll word it from racing fan point PS I'll word it from Melvin's point PS Alright give me the data and I'll word it in your point!!!!!!!!!!!!!!!!!!!!!!!! [This message has been edited by VNGNTN1 (edited June 24, 2004).] IP: Logged |
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will Member |
posted June 24, 2004 15:54
By end of day tomorrw? quote: IP: Logged |
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makemerich Member |
posted June 24, 2004 15:57
More O/S info : http://cmkx.proboards34.com/index.cgi?board=general&action=display&num=1088107527 IP: Logged |
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cool1sh Member |
posted June 24, 2004 16:02
WOW.. big volume in the end and still going after hours.. Close at 0005? [This message has been edited by cool1sh (edited June 24, 2004).] IP: Logged |
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CB Member |
posted June 24, 2004 16:05
Look @ the SIZE of those sales @ .0004 31,787,500 16:00:22 30,372,000 16:00:23 161,000,000 16:01:12 10,060,000 16:01:30 18,000,000 16:01:36 And they close us @ .0004 for a tick down. [This message has been edited by CB (edited June 24, 2004).] [This message has been edited by CB (edited June 24, 2004).] IP: Logged |
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will Member |
posted June 24, 2004 16:06
Don't they always? quote: IP: Logged |
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cool1sh Member |
posted June 24, 2004 16:09
My Ameritrade shows a close at 0005. Got this from some other place.. 06/24/04 16:00:27 0.0005 0.0005 0.0005 313,246,742 Well anyways.. I AIN'T NEVER SCARED (like Bone Crusher) GLTA!! IP: Logged |
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VNGNTN1 Member |
posted June 24, 2004 16:11
WILL Give me the data ABSOLUTELY VAN IP: Logged |
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WWJD-thru-me Member |
posted June 24, 2004 16:12
My take on this is we will get the big PR with all the news by Friday after the close. UC already knows the Outstanding share count- he and everyone else can only guess at the number of naked short shares. It will take them a while to count. Some one posted July 8 according to the transfer agent. Still gives them time to cover. I would love the price to move a little before then but it may not. I did get some more today and will continue to buy until we get our news. Looking forward to hearing the whole story and reading the files at the SEC. IMO-DD-GLTA-Debi IP: Logged |
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Earth_Shaker Member |
posted June 24, 2004 16:13
HELLO. Just wanted to to say HI to everyone on my way out to a Business meeting. GLTA. PR will be coming out Tonight or Tomorrow. It will be a GOOD ONE!!! Hope PPS Goes back to .001 I LOVE THE GAME!!! "CMKX ROCKS" Earth_Man IP: Logged |
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will Member |
posted June 24, 2004 16:16
I won't speculate on the content of the PR if it is issued tomorrow. However, if it was of the same nature as the "we're going to work" PR, I for one will be extremely disappointed. From the sounds of your answer, assuming a Transfer Agent has skills and abilities equal to or greater than yours, and the PR has to do with O/S. A "We're going to work" PR would disappoint you also? QUOTE]Originally posted by VNGNTN1: IP: Logged |
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CB Member |
posted June 24, 2004 16:20
quote: alpha's T&S :..> IP: Logged |
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ludinlo Member |
posted June 24, 2004 16:42
Need some help here. My advisor tells me to get out of CMKX but I just want to wait to see if they come out with a PR. Any suggestions, please be honest IP: Logged |
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sarki316 Member |
posted June 24, 2004 16:44
You need to get a new advisor. IP: Logged |
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Money_Penny Member |
posted June 24, 2004 16:47
If you can afford to lose the money, stay in! This is nothing more than a lottery ticket with ABOVE AVERAGE ODDS! I'm down 50% and I still have a smile on my face! IP: Logged |
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TradingWizard Member |
posted June 24, 2004 16:50
Yes, stay only if you can afford to loose the money. That is what most of us doing in here. Do you DD and make your own decision, on the end you are responsible for you actions. ------------------ IP: Logged |
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TradingWizard Member |
posted June 24, 2004 16:52
...and keep your advisor, you always need to see both sides of the coin, and he/she may be the one protecting your investments! ------------------ [This message has been edited by TradingWizard (edited June 24, 2004).] IP: Logged |
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VNGNTN1 Member |
posted June 24, 2004 17:02
WILL posted June 24, 2004 16:16 -------------------------------------------------------------------------------- I won't speculate on the content of the PR if it is issued tomorrow. However, if it was of the same nature as the "we're going to work" PR, I for one will be extremely disappointed. From the sounds of your answer, assuming a Transfer Agent has skills and abilities equal to or greater than yours, and the PR has to do with O/S. A "We're going to work" PR would disappoint you also? QUOTE]Originally posted by VNGNTN1: The skill of the transfer agent vs mine is irrevelant, They will state exactly what the last one did, which is what the company already knows. I do NOT trade stocks on emotion(disappointment) My position was based on a possible 10% profit which now has been exceeded by many,many % IP: Logged |
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ludinlo Member |
posted June 24, 2004 17:04
Should I sell or stay, somebody give me a date at least to stay????? IP: Logged |
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TradingWizard Member |
posted June 24, 2004 17:06
5 years IP: Logged |
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Money_Penny Member |
posted June 24, 2004 17:10
Did you read the previous posts? This is a highly volatile stock and anything could happen - we could be at .0001 next week or at .005 with good news. If you want a prediction, don't come here cause we ain't no fortune tellers! IP: Logged |
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ludinlo Member |
posted June 24, 2004 17:15
Sorry don't have five years to wait on a stock, Please I say more like 6 months. Just need to get the MM off and bashers gone for this one to move a little IP: Logged |
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TradingWizard Member |
posted June 24, 2004 17:19
quote: ludinlo, I just pulled a number out of the hat, because we just DON'T know. However, 5 years is probably a right number for the company become profitable, i.e. to produce diamonds. ------------------ IP: Logged |
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HarryHar Member |
posted June 24, 2004 17:30
How long you will need to be in this also depends on what kind of return you're looking for. I believe that 6 months is plenty of time for you to double your money. That's a pretty pessimistic view imo. I would believe that in 6 months, if you haven't doubled your money from news about O/S revealed and a move to BB or an even better exchange, you could get out of this one without any looking back. 10+M long and strong go cmkx!! GO! IP: Logged |
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PAUL Member |
posted June 24, 2004 17:35
THIS IS JUST FOR FUN... There has been much talk about a dividend or buy back offer of some sort. If he really does own the shares required to pull it off. Why not pay a dividend every month?
If a dividend were offered AND the dividend offered is higher that the current pps. shouldn't the price of the stock move up toward the amount of the dividend as it gets closer to the date? Not real numbers here but, If a .10 dividend was offered to all shareholders that have shares on AUG. 3rd. Then NORMALLY wouldn't the pps move toward .10 until it hits that date because it would be worth .10 per share to who ever is holding it? Then once the dividend is paid, you still own the stock. But, the PPS begins to trade at PPS prior to X date - the dividend. Therefore starting the ride all over again. If the PPS moved to .10 on X date because that is the dividend to be paid. The next day we are back at .0001 pps. Am I missing something? IP: Logged |
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richnessforeveryone Member |
posted June 24, 2004 17:37
quote: Think a little about this...The MM's too know the O/S....They only need to phone each others for share together their last trades in the last months....Amen IP: Logged |
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TradingWizard Member |
posted June 24, 2004 17:40
My question is and this is not directly pertaining to CMKX, is it possible for the company traded on pink sheets to pay divident. Paul I did not mean to interrupt your flow of thought. :-) but you gave me an idea to ask the above. ------------------ IP: Logged |
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