posted
Nice animation.....You guys crack me up....like glass said...this is not an investment...but I'll bet it makes one helluva run.....I've flipped it already and plan to do so at least twice more....Go Mario....do that P&D magic......
Good luck to all and stay sharp.....05' is almost here!
I'm new to trading. I own businesses but have never really traded before. Just some longterm stuff...
So I bought these shares according to some of the postings I read here (don't worry, I'm new but I have the money to lose just in case). I just want to see what happens.
My big question:
Some talk about unlimited losses. I hope I'm not in this scenario. Let's say... I have an etrade account and I bought $1,000 worth of MLON (none of that fancy stuff, I just bought them). My potential loss is only $1,000 right? It can't go passed that can it?
Naturally, I would think that's all I could lose. But I have noticed some "unlimited loss" verbage. So please explain if you can.
J Griggs
P.S. - Again, don't scold me for being a newbie and getting in on this. I have the money to blow and it looks like a nice opportunity... as long as my potential loss is controlled.
posted
no j. griggs you cannot lose more than you invested if you BUY this stock (go long) however melon the genius was suggesting that he would SHORT it (sell some he ain't got) on the anticipation that it will go back down and he can "replace" the shares he sold SHORT....
this is how he could POSSIBLY have unlimited losses
if he shorted 5 million shares today at .0022 and it goes to a penny, he would OWE the brokerage 5m million shares, and he would have to pay a penny/share meaing he LOST .0078X5million or 39thousand$ and he only stood to make 10,500$ if it went ALL THE WAY DOWN instead so he could replace them at .0001.......it just doesn't make much sense to short sell in the micro's UNLESS you are an insider or an MM.......
i hope that you can afford to lose WHATEVER you put in the stock market....cuz even the big stocks have hurt a lot of people in the last few years..... i play with 10% of my capital in these insane pennies, and i actually do pretty well...a lot of people DON'T do so well. i try very hard to find stocks that will go up at least 50% over a couple DAYS to post here..... that way you can get 25% somewhere along the line...good luck.....i'm not always right
i think this one will go to a nickel, but i can't promise anything
[This message has been edited by glassman (edited December 27, 2004).]
posted
Then play it dude - Its a good flip if you can nail it
quote:Originally posted by glassman: well melon, i don't think you do get it.... nobody around here thinks it is an investment it's a pink sheet; completely different animal....
we are looking for hot stocks here, not boredom....
[This message has been edited by glassman (edited December 26, 2004).]
quote:Originally posted by glassman: no problem, the more good DD we get on the board, the more we all make, believe it or not some of these guys aren't very honest
posted
The CEO of PRMN is pearlasia who is or was aelected the president of the DOM. The DOM is well documented at the SEC and at many federal Government levels as an outright scam up there with the Nigerian email scams. MY thoughts are this. A large group of former offshore shady loan types have moned from the HYIP investment scam with the phony treasury bills to the Pinkies. MLON, RRBK ERDTF and es[
quote:Originally posted by tic_toc: Glass, a heads up. Do the DD on PRMN. Who is the CEO?
quote:Originally posted by glassman: heard about it from MELON the poster...too funny...
when i grow up, i wanna be just like these guys and start my own country....might need a few billion$ to get it going tho....
You won't need much money, just go to some tropical island, set up shop. then declare war on the US. They will come and invade and then give you Billions to rebuild. We need some humor on this board, lots og uptight people
------------------ "If We Agree To Disagree, Then We Can Remain friends"
posted
i try to enjoy life DOC... yes, we need money to live, but some of these people are so miserable they just can't hold it all in, they have to share it with all of us
DOM's mistake was to declare war on France instead the of US
[This message has been edited by glassman (edited December 29, 2004).]
posted
LOL...thats the best thing I have heard today...great money making idea...the US loves to waste money in useless wars! Why spend so much money on bombs to blow up buildings when you know you are just gonna pay to rebuild it,skip the war, just send them a big fat check and be down with it, it will save alot of US and local civilian casualties
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posted
THe DOM is funny alright but the sad thing is that they have a BAR for lawyers to join and use and banks etc that they issue treasury notes from. All a complete scam. And funnier is that the people used those notes and used intricte financing schemes for people who wanted a higher yield or to avoid tax and couldnt get money onshore USA. They charged upfront fees for these financing services and often got duped. But because they were often trying to avoid taxes they would keep their mouth shsut - aka the drug deal gone bad - cant go to the cops. anyway guess hwo was heavily involved in this before that person decided to go the pinky route - seems he has good company -
Humour youse;ves and look up the old CEO of HCCF - Winick - The internet will eventually let you connect all the dots and make solid lines out of it. I have recieved a warning so I am being somewhat elusive. BUt if you want you will find a story here that is amazing and trust me it is mostly fiction
quote:Originally posted by MELON: THe DOM is funny alright but the sad thing is that they have a BAR for lawyers to join and use and banks etc that they issue treasury notes from. All a complete scam. And funnier is that the people used those notes and used intricte financing schemes for people who wanted a higher yield or to avoid tax and couldnt get money onshore USA. They charged upfront fees for these financing services and often got duped. But because they were often trying to avoid taxes they would keep their mouth shsut - aka the drug deal gone bad - cant go to the cops. anyway guess hwo was heavily involved in this before that person decided to go the pinky route - seems he has good company -
Humour youse;ves and look up the old CEO of HCCF - Winick - The internet will eventually let you connect all the dots and make solid lines out of it. I have recieved a warning so I am being somewhat elusive. BUt if you want you will find a story here that is amazing and trust me it is mostly fiction
i am curious--you say to trust you--but we dont even know you, so why should we trust you? makes no sense to me.
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it's a pink sheet; completely different animal....
We need some humor on this board, lots og uptight people 
