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Author Topic:   CMKX ... VI ... The Saga Continues
tradingpennys
Member
posted September 24, 2004 22:22     Click Here to See the Profile for tradingpennys     Edit/Delete Message   Reply w/Quote
Noah,
I couldn't agree with you more about the length of time it takes to do an audit. I know for a FACT that a week is long enough. NOT 3 MONTHS... that's a bunch of BS.

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noahltl
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posted September 24, 2004 22:23     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by WinsumLosesum:
UCAD dropped like a stone around 3:30 today. What's up with that?


Probably disgruntled shareholders selling when the dividends weren't posted.

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Wallace#1
Member
posted September 24, 2004 22:24     Click Here to See the Profile for Wallace#1     Edit/Delete Message   Reply w/Quote
So, noahltl, are you saying that Glenn has transferred his main attentions to UCAD? What about CMKX?

[This message has been edited by Wallace#1 (edited September 24, 2004).]

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will
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posted September 24, 2004 22:25     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Closed @ $4.50, down 10%, down approx 13.6% over the last two days.

quote:
Originally posted by WinsumLosesum:
UCAD dropped like a stone around 3:30 today. What's up with that?

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noahltl
New Member
posted September 24, 2004 22:27     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by will:
No UCAD shares in my account. I still ain't buying it.


It appears that the big brokerages like Ameritrade did not post them. Hmmmm wasn't JEFF their primary MM? It appears from people who stated they had their shares were in smaller brokerages and bank brokers.

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noahltl
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posted September 24, 2004 22:28     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Wallace#1:
So, noahltl, are you saying that Glenn has transferred his main attentions to UCAD? What about CMKX?

[This message has been edited by Wallace#1 (edited September 24, 2004).]


What benefits UCAD benefits CMKX

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Wallace#1
Member
posted September 24, 2004 22:34     Click Here to See the Profile for Wallace#1     Edit/Delete Message   Reply w/Quote
tradingpennys wrote:

Noah,
I couldn't agree with you more about the length of time it takes to do an audit. I know for a FACT that a week is long enough. NOT 3 MONTHS... that's a bunch of BS.
------------------------------------------
Tina, now I resent that!!! I thought that's what I posted. LOL Just kidding! Gives noahltl credit where not due! LOL

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noahltl
New Member
posted September 24, 2004 22:36     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
OK, everybody's ganging up too fast for me to answer. How about this, you all poke real holes in the theory. Not just laughing. Or, explain how millions of shares of UCAD that were never issued by the TA ended up in people's accounts all over the world, and were even being sold off. If you have a better answer, I'll go with you.

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noahltl
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posted September 24, 2004 22:38     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Wallace#1:
tradingpennys wrote:

Noah,
I couldn't agree with you more about the length of time it takes to do an audit. I know for a FACT that a week is long enough. NOT 3 MONTHS... that's a bunch of BS.


I was just going to ask if we looked anything alike. LOL

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Wallace#1
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posted September 24, 2004 22:42     Click Here to See the Profile for Wallace#1     Edit/Delete Message   Reply w/Quote
noahltl, so sorry about ganging up on you! Not intentionally.

Can you answer my previous question? Is Oct 6th (or 7th) the final day of reckoning now?
Can we take your word for that?

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noahltl
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posted September 24, 2004 22:43     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
Who said the audit of the company financials had taken 3 months?

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dwman
Member
posted September 24, 2004 22:43     Click Here to See the Profile for dwman     Edit/Delete Message   Reply w/Quote
This maybe the best theory of all.

From another board
Lets try and put a few of the recent pieces together.
Retiring shares +++
Roger Glen comes on board ++
Will be fully reporting again ++
Switch transfer agents after audit?
New transfer agent reports high OS---
Back to old transfer agent?
News of Prepaid visa?
Lots of PR's from many other companies buying %+++
Raised A/S to Trillion plus-------
Dividend will be paid to all CMKX shareholders+++

What this tells me is that they are trying to confuse the heck out of everyone. I believe the new transfer agent was purposly told that number to make all believe the O/S was high and they had no intention on really switching transfer agents. And i believe the A/S was raised to give the illusion of dilution. I believe everything is happening for a reason and we will be more then happy in the long run. The best way to keep people from screwing up your plans is to throw them a curve every once in a while. They are just letting us all know everything is ok by letting us know the divys will be there. Well i'm probably babbling now so i'll leave you with that.

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Wallace#1
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posted September 24, 2004 22:47     Click Here to See the Profile for Wallace#1     Edit/Delete Message   Reply w/Quote
noahltl wrote:

"I was just going to ask if we looked anything alike. LOL"
-------------------------------------------
I sure as hell hope not! If I looked that bad I would get plastic surgery. LOL Just kidding, noahltl.

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noahltl
New Member
posted September 24, 2004 22:48     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Wallace#1:
noahltl, so sorry about ganging up on you! Not intentionally.

Can you answer my previous question? Is Oct 6th (or 7th) the final day of reckoning now?
Can we take your word for that?



I think you know that this is a little too complicated to set a final day of reckoning. This story has a lot of chapters that haven't been published yet. I think you would rather have a date at which you could say see Noah was wrong. Nan a nan a nana. So, ain't falling for that one Wallace. Here's a thought, why don't you take a deep breath and watch how a pro like Roger plays this.

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will
Member
posted September 24, 2004 22:48     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
My God, man, these people will tell themselves anything to avoid the truth. It's better if we don't know, keep em guessing, throw them curves as to not interrupt the "master plan". Stop yourself, please!
Lie to me, tell me you love me, and I'll act confused about all your other male visitors, love. STOP IT!

quote:
Originally posted by dwman:
This maybe the best theory of all.

From another board
Lets try and put a few of the recent pieces together.
Retiring shares +++
Roger Glen comes on board ++
Will be fully reporting again ++
Switch transfer agents after audit?
New transfer agent reports high OS---
Back to old transfer agent?
News of Prepaid visa?
Lots of PR's from many other companies buying %+++
Raised A/S to Trillion plus-------
Dividend will be paid to all CMKX shareholders+++

What this tells me is that they are trying to confuse the heck out of everyone. I believe the new transfer agent was purposly told that number to make all believe the O/S was high and they had no intention on really switching transfer agents. And i believe the A/S was raised to give the illusion of dilution. I believe everything is happening for a reason and we will be more then happy in the long run. The best way to keep people from screwing up your plans is to throw them a curve every once in a while. They are just letting us all know everything is ok by letting us know the divys will be there. Well i'm probably babbling now so i'll leave you with that.


[This message has been edited by will (edited September 24, 2004).]

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noahltl
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posted September 24, 2004 22:54     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
Wallace, sorry, just a figure of speech, not intended to be insenstitve. Didn't notice until it was too late

[This message has been edited by noahltl (edited September 24, 2004).]

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Wallace#1
Member
posted September 24, 2004 23:00     Click Here to See the Profile for Wallace#1     Edit/Delete Message   Reply w/Quote
No offense taken, noahltl. As a matter of fact, I didn't even read it that way. Assumed you wouldn't make fun of any handicap.

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will
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posted September 24, 2004 23:04     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Why don't you two get a room.

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Wallace#1
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posted September 24, 2004 23:06     Click Here to See the Profile for Wallace#1     Edit/Delete Message   Reply w/Quote
Will,

dwman reposted (edited):
What this tells me is that they are trying to confuse the heck out of everyone.
------------------------------------------

At least this part may not be far from the truth.

Will wrote:

Why don't you two get a room.
--------------------------------------------
Very funny, will! LOL

[This message has been edited by Wallace#1 (edited September 24, 2004).]

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noahltl
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posted September 24, 2004 23:11     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Wallace#1:
Will,

dwman reposted (edited):
What this tells me is that they are trying to confuse the heck out of everyone.



You can't inform the shareholders without informing the MM's and the competition.

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will
Member
posted September 24, 2004 23:13     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
That might be. To admit you're ok with being confused, and even think it's a good thing is unbelievable. Most of these wild theorist believe in some rediculous premise, but to say it's a good thing to be purposely confused by the company is a little too much for me. Most of the longs here believe they made an educated investment, they list, the amount of acres claimed, the potential for diamonds, RG, NSS theory, but to make an investment because being confuused is good, sorry, can't buy into that.
Back to, "he's dead Jim, he's dead.
Oh! That's ok, he only dead, he'll be ok. Dead is a good thing.

quote:
Originally posted by Wallace#1:
Will,

dwman reposted (edited):
What this tells me is that they are trying to confuse the heck out of everyone.


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Wallace#1
Member
posted September 24, 2004 23:17     Click Here to See the Profile for Wallace#1     Edit/Delete Message   Reply w/Quote
I give up............................for tonight.

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highwaychild
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posted September 24, 2004 23:21     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
Well what this tell's me is D.R.G. could be floating like a butterfly and just might be getting ready to sting like a bee (rumble young man rumble).If this is just a game U.C. is playing it's either going to end up good,bad, or ugly.But so far it has been a game.From "Don't believe it unless it's in a pr" to "You should see what's on my desk".So I'm thinking planed.Didn't say master planed.But planed.Really we are where we were but basically with a 12 day furlough.Court adjourned.

[This message has been edited by highwaychild (edited September 24, 2004).]

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will
Member
posted September 24, 2004 23:23     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Sorry, noah, I don't get it, and don't buy into it.
I know you did not buy because of the NSS, but now I'm sure the theorist will move the "squeeze of the century", from 8/20 to 9/24, from 9/24 to 10/6. Now I would say 10/6, unless changed, is the real "squeeze of the century", checkmate date.

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Upside
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posted September 24, 2004 23:25     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
Why is it that the theory of Urban selling 800 billion/1.6 trillion shares to line his own pocket so hard to accept? Then he pulls a few maneuvers to make things look good, and pays Mr. Glenn a handsome sum to legalize everything. This is a very simple theory, it ties everything together, and it fits Urbans profile. Why is this so hard to believe?

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noahltl
New Member
posted September 24, 2004 23:29     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by will:
That might be. To admit you're ok with being confused, and even think it's a good thing is unbelievable. Most of these wild theorist believe in some rediculous premise, but to say it's a good thing to be purposely confused by the company is a little too much for me. Most of the longs here believe they made an educated investment, they list, the amount of acres claimed, the potential for diamonds, RG, NSS theory, but to make an investment because being confuused is good, sorry, can't buy into that.
Back to, "he's dead Jim, he's dead.
Oh! That's ok, he only dead, he'll be ok. Dead is a good thing.


There is a difference in being uninformed and confused. I own some stock in Northfield Laboratories who is finishing up on testing of a blood substitute. I don't see their tests results yet. I don't know what their attorney is doing with the FDA. When they dumped a bunch of shares in the market, I didn't moan and groan, because I knew it would be ok. Turns out they bought a bunch of manufacturing equipment so they could be ready on approval. I didn't run around questioning them with other shareholders. I didn't scream for a PR. I just waited to see why they did it. And when they sold a bunch more shares, the PPS dropped 8.00. But I didn't sell. And I won't because I trust the company, after doing my DD.

[This message has been edited by noahltl (edited September 24, 2004).]

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will
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posted September 24, 2004 23:34     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
It's not difficult to believe at all. You could expand it further and make it just as juicy as the Sterlings, Dr D's do with the positive spin. (Notice I took Zen off the list). Now what if, a guy had a company, issued a trillion shares, used the cash from the shares sold for his own personal gain. Had control of another company, through sweetheart deals to the other company he controlled, he sihpons off the assets, (valuable claims), to that company leaving the original trillion share company worthless. One day he says, well folks, we tried hard, it didn't work, BK, padlocks. game, set, match, check, checkmate, FINISHED, thank you for your support.

quote:
Originally posted by Upside:
Why is it that the theory of Urban selling 800 billion/1.6 trillion shares to line his own pocket so hard to accept? Then he pulls a few maneuvers to make things look good, and pays Mr. Glenn a handsome sum to legalize everything. This is a very simple theory, it ties everything together, and it fits Urbans profile. Why is this so hard to believe?

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Upside
Member
posted September 24, 2004 23:43     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by will:
quote:
It's not difficult to believe at all. You could expand it further and make it just as juicy as the Sterlings, Dr D's do with the positive spin.

But that's just the point, there's nothing to expand upon. It's clean, it's simple, and it fits. The problem is that people don't want to hear it, thats why all of these wild theories are spun and latched on to.

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highwaychild
Member
posted September 24, 2004 23:47     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
I mean Will...Upside...longer shots than CMKX has come through before.If you follow horseracing, a 50:1 screws up your exacta sometimes.I mean DA Bears beat the Packers just last week after coach Smith called his shot.By the way,Upman who ya like with G.B. & the other "horse" team this week?Two good Q.B.'s.

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noahltl
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posted September 24, 2004 23:47     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Upside:
Why is it that the theory of Urban selling 800 billion/1.6 trillion shares to line his own pocket so hard to accept? Then he pulls a few maneuvers to make things look good, and pays Mr. Glenn a handsome sum to legalize everything. This is a very simple theory, it ties everything together, and it fits Urbans profile. Why is this so hard to believe?


Up, it's hard to believe because there is no evidence of it. Can you produce any? I'll be happy to look at it and reasses my opion. I think the OS is "0". Why is that hard for you to accept. Buying back all the naked shorts at .0001 after selling shares for .05 to .000?. That better fits what Urban is best known for. He is one of the most recognized men in the stock trading world right now. If he has pulled anything, there is no place he can hide. I can guarantee you that the last place a former prison guard wants to go is prison.

[This message has been edited by noahltl (edited September 24, 2004).]

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will
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posted September 24, 2004 23:52     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Then you can thank God you haven't invested $10,000, $20,000, $30,000 +, in this little venture. Your theory is closer to being right, reasonable, and much more acceptable then the ones the big investors belive in. What is unbievable is that everytime one of their predictions for this, that, or the thing happening comes and goes without "it" ocurring, they move the date, or come up with a new theory. There have been so many promises, predictions, happenings that were suppose to happen and didn't, and they are conveniently forgotten, burried, and never talked about again.

quote:
Originally posted by Upside:
originally posted by will:
But that's just the point, there's nothing to expand upon. It's clean, it's simple, and it fits. The problem is that people don't want to hear it, thats why all of these wild theories are spun and latched on to.

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Upside
Member
posted September 25, 2004 00:08     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by noahltl:
quote:
Up, it's hard to believe because there is no evidence of it. Can you produce any? I'll be happy to look at it and reasses my opion. I think the OS is "0". Why is that hard for you to accept. Buying back all the naked shorts at .0001 after selling shares for .05 to .000?. That better fits what Urban is best known for. He is one of the most recognized men in the stock trading world right now. If he has pulled anything, there is no place he can hide. I can guarantee you that the last place a former prison guard wants to go is prison.

No, there is no evidence of it nor is there evidence of a naked short other than rumor and comments by Melvin. It fits a pattern though. Re-read the two lawsuits Urban was involved in a few years back. There were allegations in both cases of stock manipulation on both Urbans and his partners part. Is it easier to believe that this particular leopard has changed his spots or could history be repeating itself? I'm sorry, but to believe that a stock with 800 billion to 1.6 trillion shares issued has a float of 0 is ridiculous. There is no need to buy back any shares or gain a controlling interest. Who's going to buy up a majority interest with that many outstanding? My belief is that the float is darn near 100% of the outstanding. If he has in fact been lining his pocket through share dumping all along, he's a very rich man, why would he care if he loses his company? Speaking of being a rich man, look at his lifestyle. Never been with a solid money making company his whole life (as far as I know) but all of a sudden, he can afford funny cars, trucks, bikes, lavish mobile homes, etc. Come on, look at what's staring you in the face. At least think about it.

Highwaychild, Indy's gonna win and probably win big and I'm gonna hate every minute of it.

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noahltl
New Member
posted September 25, 2004 00:12     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Upside:
originally posted by noahltl:
No, there is no evidence of it nor is there evidence of a naked short other than rumor and comments by Melvin. It fits a pattern though. Re-read the two lawsuits Urban was involved in a few years back. There were allegations in both cases of stock manipulation on both Urbans and his partners part. Is it easier to believe that this particular leopard has changed his spots or could history be repeating itself? I'm sorry, but to believe that a stock with 800 billion to 1.6 trillion shares issued has a float of 0 is ridiculous. There is no need to buy back any shares or gain a controlling interest. Who's going to buy up a majority interest with that many outstanding? My belief is that the float is darn near 100% of the outstanding. If he has in fact been lining his pocket through share dumping all along, he's a very rich man, why would he care if he loses his company? Speaking of being a rich man, look at his lifestyle. Never been with a solid money making company his whole life (as far as I know) but all of a sudden, he can afford funny cars, trucks, bikes, lavish mobile homes, etc. Come on, look at what's staring you in the face. At least think about it.

Highwaychild, Indy's gonna win and probably win big and I'm gonna hate every minute of it.


Once again UP, where are you getting that OS from. The only place it has been put out from is the OTC BB, whose information was proven wrong today. And I haven't seen anything that says Urban was found chargeable in those cases. I've been sued a bunch of times as a police officer, and a couple as a business man. But I was never found guilty of anything because I didn't do anything wrong.

[This message has been edited by noahltl (edited September 25, 2004).]

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glassman
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posted September 25, 2004 00:14     Click Here to See the Profile for glassman     Edit/Delete Message   Reply w/Quote
Noah, UC is no where near the most visible person in the stock world..LOL

that's Martha Stewart and Kenneth Lay...LOL


why would he go to jail???

he hasn't done anything illegal...

he just sells stock..it's NOT illeagal...

there may be some things illegal going on, but they are mostly just the pumpers and the liars that are committting fraud....

[This message has been edited by glassman (edited September 25, 2004).]

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noahltl
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posted September 25, 2004 00:18     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by glassman:
Noah, UC is no where near the most visible person in the stock world..LOL

that's Martha Stewart and Kenneth Lay...LOL


why would he go to jail???

he hasn't done anything illegal...

he just sells stock..it's NOT illeagal...

there may be some things illegal going on, but they are mostly just the pumpers and the liars that are committting fraud....

[This message has been edited by glassman (edited September 25, 2004).]



But we know where they are.

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noahltl
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posted September 25, 2004 00:19     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by glassman:
Noah, UC is no where near the most visible person in the stock world..LOL

that's Martha Stewart and Kenneth Lay...LOL


why would he go to jail???

he hasn't done anything illegal...

he just sells stock..it's NOT illeagal...

there may be some things illegal going on, but they are mostly just the pumpers and the liars that are committting fraud....

[This message has been edited by glassman (edited September 25, 2004).]



Stock fraud is a criminal offense if he committed it.

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Upside
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posted September 25, 2004 00:20     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by Noahltl:
quote:
Once again UP, where are you getting that OS from. The only place it has been put out from is the OTC BB, whose information was proven wrong today.

I'm using the known share distribution amount and the reported dividend payout percentages. Let's assume it's only 400 billion, would you agree it's at least that? It still has no effect on what I posted.

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noahltl
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posted September 25, 2004 00:21     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
Highwaychild, Indy's gonna win and probably win big and I'm gonna hate every minute of it.


GO COLTS !!!!!!!!!!!!!!!!!!!!!!!!

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Upside
Member
posted September 25, 2004 00:23     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by Noahltl:
quote:
GO COLTS !!!!!!!!!!!!!!!!!!!!!!!!

Noah, I love bantering back and forth with you about CMKX but that one hurt.

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glassman
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posted September 25, 2004 00:24     Click Here to See the Profile for glassman     Edit/Delete Message   Reply w/Quote
Noah, they are selling hundreds of billions of shares of CMKX stock...it's right on the doggone charts man....


the NSS thing is PLAUSIBLE DENIAL, come on...

as far as the UCAD shares everybody is selling? that don't make NO sense dude, the volume is 19K today.....just the same as the 20 day MA and the 60day moving average...

isn't it just possible that there are dozens of people that are collaborating on the lies? could that possibly be prosecutable under RICOH?

ten people in different states all telling the same fake stories???
you are the cop, right?

[This message has been edited by glassman (edited September 25, 2004).]

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highwaychild
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posted September 25, 2004 00:25     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
.

[This message has been edited by highwaychild (edited September 25, 2004).]

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noahltl
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posted September 25, 2004 00:25     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Upside:
originally posted by Noahltl:
I'm using the known share distribution amount and the reported dividend payout percentages. Let's assume it's only 400 billion, would you agree it's at least that? It still has no effect on what I posted.


I can't agree on any OS UP, because the distribution amount and divy payout are now suspect. They have no credibity after todays actions and PR. It's back to square one on the OS. Nobody knows anything now. I can agree that there is a substantial number of shareholders, but I don't know if they are legitimate shares or not. No one can.

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glassman
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posted September 25, 2004 00:26     Click Here to See the Profile for glassman     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by noahltl:

Stock fraud is a criminal offense if he committed it.


what fraud did he commit? NONE! he just sells shares, it's the people POSTING all the lies that are doing the dirt...

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noahltl
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posted September 25, 2004 00:27     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Upside:
originally posted by Noahltl:
Noah, I love bantering back and forth with you about CMKX but that one hurt.


What can I say UP, I live near Indy.

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Upside
Member
posted September 25, 2004 00:32     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
originally posted by Noahltl:
quote:
What can I say UP, I live near Indy.

That's right, I forgot about that. I guess it's justified then. Still hurts though.

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noahltl
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posted September 25, 2004 00:32     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by glassman:
Noah, they are selling hundreds of billions of shares of CMKX stock...it's right on the doggone charts man....


the NSS thing is PLAUSIBLE DENIAL, come on...

as far as the UCAD shares everybody is selling? that don't make NO sense dude, the volume is 19K today.....just the same as the 20 day MA and the 60day moving average...

isn't it just possible that there are dozens of people that are collaborating on the lies? could that possibly be prosecutable under RICOH?

ten people in different states all telling the same fake stories???
you are the cop, right?

[This message has been edited by glassman (edited September 25, 2004).]



How do know that there are no NSS sales / buys? Just saying it isn't plausible doesn't prove anything. If there weren't any naked shorting going on, why did the SEC find it necessary to issue new regs? Come on, you know it's been a problem, and there wasn't a more likely target for it a few months ago.

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glassman
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posted September 25, 2004 00:35     Click Here to See the Profile for glassman     Edit/Delete Message   Reply w/Quote
i didn't say it's not going on of course SOME is going on but be real dude....
a trillion?????
no way

maybe a bilion or as much as 100billion... but my GUESS is they got covered BEFORE the "daimond find"

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Upside
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posted September 25, 2004 00:58     Click Here to See the Profile for Upside     Edit/Delete Message   Reply w/Quote
A trillion shares naked shorted? At a generous 3 billion a day, that's almost a year and a half worth of trading days with nothing but short sales going through. Doesn't seem possible to me unless this has been building up for a very long time.

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tradingpennys
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posted September 25, 2004 02:15     Click Here to See the Profile for tradingpennys     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Wallace#1:
tradingpennys wrote:

Noah,
I couldn't agree with you more about the length of time it takes to do an audit. I know for a FACT that a week is long enough. NOT 3 MONTHS... that's a bunch of BS.



OOOooopppsss!! Holy Socks! I must've had noah on my mind... LOL. Sorry Wallace, will you forgive me? T

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tradingpennys
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posted September 25, 2004 02:31     Click Here to See the Profile for tradingpennys     Edit/Delete Message   Reply w/Quote
Well said Upside!! Urban does have the experience and track record. I wish I would have found those court records before I invested in this stock. I would NOT have bought in.
quote:
Originally posted by Upside:
Why is it that the theory of Urban selling 800 billion/1.6 trillion shares to line his own pocket so hard to accept? Then he pulls a few maneuvers to make things look good, and pays Mr. Glenn a handsome sum to legalize everything. This is a very simple theory, it ties everything together, and it fits Urbans profile. Why is this so hard to believe?

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