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Micro Penny Stocks, Penny Stocks Under $0.10 CMKX II new Thread. Get it while you CAN ! (Page 6)
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Author | Topic: CMKX II new Thread. Get it while you CAN ! |
Anna Member |
posted June 10, 2004 20:49
quote: Brian, Good for you! Don't let your nerves get you just yet. We have a long way to go. The good news is that we might just get there! Of course, with my nerves, I'll be a drooling zombie by then..LOL IP: Logged |
will Member |
posted June 10, 2004 20:49
Brian, man, there's nothing to be nervous about, you won, You finally won. The only question is how it plays out, and how one plays it. There is going to be a lot of naysayers, a lot of shake downs, a lot negativity, save your nerves for those times when we all will be tested.
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Power106 Member |
posted June 10, 2004 20:49
Gee Wiz people. Can we just get a hold of ourselves? Did you really expect that the samples would not contain some diamonds? The PR was very scetchy at best. IP: Logged |
will Member |
posted June 10, 2004 20:51
SCETCHY? HOW SO?
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Anna Member |
posted June 10, 2004 20:51
quote: I hear ya. Just having some fun. IP: Logged |
brian2361 Member |
posted June 10, 2004 21:01
that's right. We are just having some fun. We have a right to don't you think? I certainly think so. We may be in dreamland, but it sure feels pretty nice right now. Everything is falling into place nicely. They hire a big-time lawyer and they have diamonds. What more could we ask for right now? IP: Logged |
Power106 Member |
posted June 10, 2004 21:04
OK, carry one guys and gals. The law firm handles a number of micro-penny stocks and also venture capital. It will intersting to see what role they play in this thing.... IP: Logged |
GatorMan Member |
posted June 10, 2004 21:05
I only have two words to say about all of this.....
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betting babe Member |
posted June 10, 2004 21:06
ditto on the wooooo hoooo!! hoping the friday market close works in my favor.. wire transfer should go thru friday to catch another quick buy monday morning =) IP: Logged |
brian2361 Member |
posted June 10, 2004 21:07
Power, do you own CMKX? If so, aren't you at all excited about this news? IP: Logged |
will Member |
posted June 10, 2004 21:10
Well they confirmed the samples to be diamondferous. Later in the PR they say the core samples, (note plural), from the ""Carolyn Pipe" has come back positive for diamond content. Power is correct, there isn't any mention of size or quantity. But I don't see where that is sketchy. The PR's intent was not to be detailed, that will come later, its purpose is to say, "WE GOTS DIAMONDS". I'm sorry Power, but I find that very encouraging, and something to be excited about. My only regret is that not everyone who watches and posts about CMKX is here in the evenings to demonstrate their exuberance and excitement too.
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Meshoe45 Member |
posted June 10, 2004 21:16
quote: What does scetchy mean
IP: Logged |
Power106 Member |
posted June 10, 2004 21:18
I did realize that when I posted scetchy it was mispelled? LOL! However, that does not make me a bad guy... IP: Logged |
brian2361 Member |
posted June 10, 2004 21:21
Check this out. I thought it was an interesting point of view. This is from Pennywrangler off the CMKX website. I am very happy with today's PR. I believe it is an introduction to a series of PRs concerning the nature, value, and status of the Carolyn pipe. Keep in mind that there is a big difference between rumors and officially released facts. I feel that most who are active on this board are willing to invest in this company on rumors and suggestive circumstantial evidence. MOST investors and potential investors are not active on this board, and are NOT willing to invest any serious money without hard facts. Every PR that adds a layer of fact to what is officially known about CMKX's situation increases the pool of investors willing to put money into CMKX. It also encourages existing investors to invest more money. More money and more investors means a higher PPS. I think Urban is very smart to release these PRs in steps. Each step gently ramps our pps. We don't want big spikes in our pps. Big spikes make unhappy investors. Consider this: Our pps shoots up to 0.50 on crazy good news in one mega bombshell PR released out of the blue. Lets say that you think "WOW, I have to get into this thing!", and you by shares at 0.40. We hit 0.50, then the price collapses back to 0.001. You stare in disbelief as the value of your investment goes down to almost nothing. I can tell you that when this happens, it takes months or years for the pps to come back up. Probably months in our case because we have the goods, but it's still a bad thing. I don't think Urban wants unhappy investors. He wants to ramp the pps in a gentle, sustainable way. This directly benefits Urban and CMKX too, because it will make moving to a major index a lot easier. Remember that to get on the AMEX you must have a pps greater than or equal to $3 for 30 days. If your pps is too volatile, this is hard to achieve. The way you ramp the pps in a sustainable way is with PRs that gently escalate the good news. The PR we just got is GREAT! I have seen people as recently as today say that for all we know, Carolyn is a dud! And that was a true statement earlier today. All we had was rumor. But now it is FACT! But we don't know any details. That's fine. The fact that there are diamonds in the pipe needs to sink into people's brains, where it will loosen up some funds. Next they may release a short PR saying that macro diamonds were found. This is an escalation. It adds another layer of good news that loosens up some more money and ramps the pps a little. Then we get the macro diamond count and quality. We believe this report will be very good. If it *is* good, that will add a thick layer; it will be a significant escalation. This will pop our pps a bit, but from a base higher than we are at today. It will be mostly sustainable. Then maybe we will get news about what we are doing with Carolyn. Maybe we are selling it for a considerable sum to somebody. Maybe we're going to mine it. Personally I believe it will be sold. This will help the PPS more than saying we will mine it because selling it results in cash NOW, not much later. Ok, now we have a base price that is probably in the single pennies. Maybe in the teens. The next batch of PRs probably tell us the o/s, maybe talk about going to AMEX or NASDAQ, maybe talk about a merger. Again these should be release as escalating sequences of PRs to add thin layers of new investors to further thicken the foundation of the pps. A solid foundation of investors that have bought in at a price BELOW the current price provides both support and liquidity. These people will sell different amounts at different times, which helps maintain an orderly market. These are also happy investors who say nice things about CMKX, which further attracts new investors. I hope this helps you see this from a macro point of view. It's not easy to see the big picture looking at what is going on from the micro POV that we naturally have as individual investors. Understand that there are thousands of people invested and thousands more that are potential investors. It is important that more money be brought into CMKX stocks gently to fuel our trip to the moon. Tell me: what happens if the fuel in your rocket burns too fast? Well, if it burns MUCH MUCH too fast (too much money surging into the stock causing a big honkin' pps spike), that's an explosion that pretty much ends your trip. You want a nice even burn to get the maximum distance out of your fuel. Our fuel is the good news about what's happening with CMKX. It needs to be injected regularly and properly into the combustion chamber to produce the thrust we need to get where we're going. I could not be more pleased with how Urban is handling these PRs. Most companies don't have a clue how to release news for maximum effect. So far, Urban has shown an uncanny talent for doing this right! IP: Logged |
will Member |
posted June 10, 2004 21:23
Power, I remember you now. You said that Edwards & Angell represent a LOT of penny stocks, but failed to list any save one name. You came to know this through a phone call to the law firm. Now you are throwing a wet blanket over people's excitement. I don't view you as a basher or naysayer, but should anyone tell another how to feel? We should welcome your devil's advocate's position, we may need it some day to sober us, but not today, and not without substantiated facts. IP: Logged |
Power106 Member |
posted June 10, 2004 21:25
Nice post Brian. I do think that is what Urban is doing. Just releasing news a little bit at a time and mostly on weekends to get the max benefit......I fully expected something like this PR tonight. I am in marketing and this is what I would have done as well.... IP: Logged |
FurrySound Member |
posted June 10, 2004 21:28
I'm excited!! Here's an updated picture of Melvin (not really) Hey Upside, I'll take payment in the form of 250k shares, thanks...
quote: ------------------ [This message has been edited by FurrySound (edited June 10, 2004).] IP: Logged |
Power106 Member |
posted June 10, 2004 21:30
I do not have a list Will. If I did I would be glad to give it to the forum. I did quite a bit of research on the law firm and did call them. I was told that they handle a lot of micro penny stocks. There had been more thn one comment on the other thread that this was unheard of for a prestigious law firm to handle stocks of this nature but these guys do that quite a bit. That was the purpose of my call...... IP: Logged |
will Member |
posted June 10, 2004 21:33
I am a doubting Thomas, excuse me if I require more than text on a message board to convince me. I only know the $ amount in my portfolio to be 100% accurate.
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DIGDOUGH Member |
posted June 10, 2004 21:35
quote: Betting Babe, I want to buy at .0008 first thing monday morning. do you think that is realistic? IP: Logged |
FurrySound Member |
posted June 10, 2004 21:39
betting babe, if you wired the money today/tomorrow, it should be in your account monday morning before the bell. If it is not, be sure to call them, with the info from your transfer so they can verify it. I spoke with lowtrades and they told me that within 2-3 hours of my bank processing a wire transfer they can verify it and deposit the money into my account and I can trade right then and there. Hope that helps ease your wire transfer jitters although the PPS jitters are another story Source: Personal experience with lowtrades, your broken may have different rules/procedures. ------------------ IP: Logged |
case Member |
posted June 10, 2004 21:44
This has been FUN EVERYONE! But I have to go to work tommorow and clean toilets. With any LUCK-GOOD-BYE-TOILETS Don't ask me how I'm going to get to sleep because I'm so UP right now that I'll probably just lay there. I BET THOSE DIAMONDS ARE SO BIG THAT THEY CAN'T PICK THEM UP WITH A CRANE! (Hey if it wasn't for DREAMS I wouldn't play! IP: Logged |
mizzou7 Member |
posted June 10, 2004 21:48
I would not count on it!!! This is a significant PR, the bashers want you to believe it is not... believe it, it is... As more developments occurs it will continue to show what this PR really means... Get prepared...
quote: Betting Babe, I want to buy at .0008 first thing monday morning. do you think that is realistic? [/B][/QUOTE] IP: Logged |
mizzou7 Member |
posted June 10, 2004 21:53
Not sure what happen in my last post, had the wrong quote... sorry... IP: Logged |
pharmdman Member |
posted June 10, 2004 21:59
quote: There's difference between stubborn and stupid! but either way, it's spelled V-A-D-O .... IP: Logged |
pharmdman Member |
posted June 10, 2004 22:00
quote: LMAO, Anna!! btw, it's a chalupa-cozy! IP: Logged |
emediamethod Member |
posted June 10, 2004 22:01
buy at .0008 on monday....no way..... fri it closed at .0004 and opened at .0008 after the law firm news....I would say this news is a little bigger!!!!!!!!!!!!!!! IP: Logged |
dgrimes333 Member |
posted June 10, 2004 22:09
Test IP: Logged |
dgrimes333 Member |
posted June 10, 2004 22:11
Guys and gals, I bought 4 grand of this at .0001. Do you think I am going to be ok with this one??? IP: Logged |
Upside Member |
posted June 10, 2004 22:14
quote: I agree that this p/r is probably going to send the stock price up a little on Monday but I don't know how siginificant the news really is. 80% of the pipes in Saskatchewan are diamondiferous. If their's wasn't they'd be in a definite minority. The real story is the size and quantity. IP: Logged |
Power106 Member |
posted June 10, 2004 22:18
That was sort of my point Upside. But a nicely timed PR nevertheless... IP: Logged |
betting babe Member |
posted June 10, 2004 22:20
That's what I have my buy in for. I'm hoping it is realistic. I don't thnk everybody is completely sold on the news- as pointed out, this is not a "diamond find" per se. Good luck to us both! ~BB
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Upside Member |
posted June 10, 2004 22:22
originally posted by Power106: quote: I don't know, I think Monday morning at about 7:00 would have been better timing. Now people have 3 days of a closed market to realize it doesn't really say anything. Maybe they'll release a follow up over the weekend. IP: Logged |
betting babe Member |
posted June 10, 2004 22:23
thx for the reassurance furry. i've had great luck with my transfers to ameritrade. i can initiate the transfer via my citibank online banking, and it usualy posts by 11am the next morning. i'venever had to speak to anyone. it's all dependent this time on ameritrade's operations friday, given that the market is closed. fingers crossed the money moves faster than the pps! ~BB
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betting babe Member |
posted June 10, 2004 22:25
arrrrrrgh!!! i wish i had!!!
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pharmdman Member |
posted June 10, 2004 22:37
quote: It's really dependent upon when the bank deposits the wire into your account... since the banks are closed on Friday, they'll be conducting business on Saturday. Federal law prohibits banks from being closed (not conducting normal transactions) for GREATER than two consecutive days. Therefore, closed Friday = open Saturday. Your wire should be there waiting on Monday morning.... as should mine! IP: Logged |
Meshoe45 Member |
posted June 10, 2004 22:52
quote: What kind of question is that?? ummmm I would imagine you'd be fine. IP: Logged |
joeyisthebest Member |
posted June 10, 2004 23:01
Hi everyone glad to see we are going to get running again on monday. I have 2.1M @.0001 and 840K @.0007 I got another 300 which I can invest on monday not sure if I should add to CMKX or what to do. IP: Logged |
fjean Member |
posted June 10, 2004 23:02
quote: DON'T FORGET ME ... I'M AS OF TODAY, I'M HOLDING 61 MILLION CMKX SHARES. I ALREADY STARTED LOOKING AT HOMES IN PRESTIGIOUS WESTON, FLORIDA AND PARTS OF BOCA RATON, FLORIDA. GO CMKX _________________________________________ ------------------ IP: Logged |
betting babe Member |
posted June 10, 2004 23:04
Even better, Pharm... My bank said that the Federal Reserve is open, and therefore the banks will be doing business. They say the transfer is taking place Friday (cuz I placed it after 5pm today). NYC says: ...dunno if that also means fed reserve. shall see... it'd be a nice upside to an otherwise sorrowful day.
quote: [This message has been edited by betting babe (edited June 10, 2004).] IP: Logged |
StonedPigeon Member |
posted June 10, 2004 23:09
Somewhere at this moment in time there is some guys out on the town.Long weekend ahead, feeling good about life. Why--? Because before the market closed today he His friend sold cmkx short and looks forward I think we should all take a moment and Ok I felt it, now I'm going to dance! IP: Logged |
will Member |
posted June 10, 2004 23:09
How could i forget you, fjean. Congratulations! quote: IP: Logged |
pharmdman Member |
posted June 10, 2004 23:09
quote: BB, the Federal Reserve is included in the "two consecutive day" rule... even if they're closed on Friday, they'll have to do the transfer on Saturday... You'll be fine with it!.. IP: Logged |
cool1sh Member |
posted June 10, 2004 23:09
As always.. I think his curse is our lucky charm.. He was gone for few days and came back bashing another bomb PR dropped.. Come on Vado, keep'em coming quote: IP: Logged |
pharmdman Member |
posted June 10, 2004 23:11
anyone brave enough to venture any public guesses on pps high on Monday? (I'm not!... I emailed my guess to Booty, but he knows just how wrong I've been this week!) IP: Logged |
Upside Member |
posted June 10, 2004 23:13
originally posted by pharmdman: quote: Assuming no other news is released between now and then, my guess is .0009 tops. IP: Logged |
Power106 Member |
posted June 10, 2004 23:18
I agree Upside. The only thing that could make it go higher is euphoria on this thing. The news today is just not that big. In fact pretty much expected by me......Anything less would have been a huge surprise.. IP: Logged |
will Member |
posted June 10, 2004 23:20
Upside, the "Carolyn Pipe" is confirmed to be diamondiferous. The core samples from the "Carolyn Pipe" has come back positive for diamond content. True, there is no mention of size or quantitiy, but it's more than just diamondiferous being reported, is it not? this coupled with a post of the fellow that spoke with Melvin, indicates to me that it could be, should be, better than the 80% diamondiferous holes. I know you are being sober and cautious, but admit it, deep down inside you do wish there are diamonds as big as your head.
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pharmdman Member |
posted June 10, 2004 23:20
quote: that low? I was thinking that everyone sitting on the fence will try to get in Monday before the details are released and the price starts to climb ... don't get me wrong, i'm not expecting dollars (or even pennies) for Monday, but I was thinking a little higher... like in the lower double digits... but what the he\\ do I know!.... one thing's for sure, if it stays that low, I'm in for more! IP: Logged |
Upside Member |
posted June 10, 2004 23:28
originally posted by will: quote: As far as I know, the definition of diamoniferous is just that, bearing or containing diamonds. As far as me wishing for diamonds as big as my head, absolutely! I've been told I have a pretty big head! IP: Logged |
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