posted
Taking paper certificates is a death warrant.
Not for longs, Purl. So that leaves... Actually, they just hand out jail time and large fines, no death penalty. I see dead people... It's only a movie line, Purl.
Your concern for PLNI investors is appreciated, Purl. Nobody really wants to see trading suspended or halted. I look at Ameritrade's current position to be a golden opportunity for all shorters to find closure.
Oh, wait, but I'm not selling! I had a little tickle sell for a while, but not now, maybe not ever. Maybe I'll order certificates, frame them, and keep them on the wall. Turek escaped the vise grip, Purl. He won. Don't worry, the paper trail will speak later.
Ballyman, if you follow that direction, be sure to bring a clothes pin for your nose. Closer you get, the stinkier it gets. For educational purposes, now and later, be sure to check on website authenticity and origin. You learn fast, great to see for my tired eyes.
posted
Purl says... Pink Sheets refusing to quote prices for PLNI is truly a death warrant. Pink Sheets rarely are mistaken. This is bolstered by Ameritrade refusing to execute PLNI orders.
Lots of very clear warnings on this one.
Purl Gurl
-------------------- I am the egg which sticks to your teflon pan -------------------------------------------
But pinksheets sure doesn't mind taking Turek's money to provide L2s for his website, do they Purl? Ballyman is quick on the learning curve, how 'bout you point out the other companies with that 'statement' and explain why it was put there. This, too, is being corrected as we speak. Did you know you referred him to one thread that HE STARTED?
posted
I have read everyone of those several times and they all came out within this month, not a year. By the way thanks for referring me to my own posts, that was a good call. What however is the beef with PLNI itself????????? Isn't PLNI taking the necessary steps to address their removal from the Pink Sheets and haven't they sent out The Legal Opinion of Tradability from a lawyer yesterday to move them back onto the Pink Sheets? Does this mean they will automatically be added? no/maybe, it means that it is not being ignored and that this is not secret insider news. It has been PLNI, Mr. Turek who addressed the naked shorting quite some time ago. Now all of a sudden Ameritrade is scareing investors to death after the May 10th PR from ********** which leads me to believe that Ameritrade may possibly be involved in shorting and are scrambling to cover. Could be wrong but thats how it looks. PLNI it seems is doing what it takes to move forward. JMHSO
-------------------- "It's a head game...climbing a mountain that is, 20% physical:80% mental." Posts: 104 | From: San Diego, CA | Registered: May 2006
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posted
Ballyman, there's one crucial bit of info in the PR Turek sent out that set everyone off - the one that broke silence. Don't have the link to post at the moment, and I gotta go for now. See if you can find it - priceless. Lemme know if you need/want the link, I'll post it later - but you still gotta 'see' once you're there.
And I still wonder if Ameritrade is being led by the nose, but it doesn't matter enough to warrant exploration (to me).
posted
Actually Purl it is an indicator of who I am as far as a person willing to learn. Nothing at all here to be ashamed of. Ever hear "The more I know, the more I realize the less I know". Purl you seem to feel that you are in a place that you know it all, dangerous place to be, IMHO. Though my life, unlike yours, is not fully enveloped in stocks and stock associated subject matter, I do have the ability to transfer life experience to all that I do. Which has made me very, very successful in other areas. I will apply those experiences/knowledge/confidence to this and with the help of others, will be successful here in this world as well!
I did see your cheap/easy shot coming and would have been very surprised had you not posted it! My suspicions are verified, thanks For that matter so far your reading between the lines also is cheap/easy, meaning: anything can be twisted and turned into either a positive or negative context. You have a 180 degree slant to the negative on much of what you post and you are openly unashamedly abbrasive. Which is fine, thats your perogative. However just negative/abbrasive bantor does not work for me. I am a quick study and require a lot of meat to digest, facts, data, information, you are leaving me quite hungry. Funny thing is when I did have a question, the first person that responded didn't hold it over my head, pretty decent person, goes by the name of Tick.
-------------------- "It's a head game...climbing a mountain that is, 20% physical:80% mental." Posts: 104 | From: San Diego, CA | Registered: May 2006
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When a newbie walks into the stock markets, this is analogous to a three piece suit business man walking into a biker bar in San Pedro, California.
When a newbie walks into the stock markets, this is analogous to a long haired freak wearing hippie clothes walking into a cowboy bar in Del Rio, Texas.
You are going to get your butt kicked every which way except lose. Red lipstick hookers are going to pat you down for your wallet, bikers are going to rip your butt out through your mouth and those cowboys will mount your rearend on those steer horns on front of a 1963 pink Cadillac.
Heck, mess with me and I will intellectually come down on you so hard you will have to unzip your pants to see where you are going.
Stock markets are a cut throat business. This is not a place for the timid nor the meek. Lot better to have people slap you around here than have that hooker take your wallet then have her biker boyfriend totally trash you.
This is war. Wall Street is the calvary and they are well armed. Fortunately, I am an American Indian wielding a razor sharp buck knife.
You should not take any of this personally. Traders who are successful are shrewd, sharp, assertive and very aggressive. Heck, Tex, Dustoff, Blue, Glassman and other boys here, routinely kick my butt all over the place. I like that because they teach me lessons I do not forget.
I don't do diapers and don't come in here wearing diapers labeled "Sensitive Newbie." You are only advertising to the calvary,
"Take me, baby, and forget the KY Jelly!"
Should we pamper you, coddle you, take you by your soft callous free hand, we will be causing you nothing but harm. Actually, we are being very gentle with you newbies.
posted
Who are you posting to? This is a PLNI thread.
-------------------- "It's a head game...climbing a mountain that is, 20% physical:80% mental." Posts: 104 | From: San Diego, CA | Registered: May 2006
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posted
Purl-Getting my diaper changed, after reading all that I wet myself. Wow, for a girl who claims to be as big as an elephant you sure are long winded. I can't keep up. Whew gotta stop and catch my breath. I think I liked you a lot better when you were bashing PLNI. Whatever happened to you in a former life, that wasn't me. I ain't your war, besides you don't like war. As I said earlier I am here to learn, which means I'll be here a lifetime and that also means that every now and again I will more than likely learn from you. I expect to fall off the horse, I expect to get my a$$ kicked every now and again. I already have, but I am still here ready to go at it again. I know you got experience and for that you will be respected.
-------------------- "It's a head game...climbing a mountain that is, 20% physical:80% mental." Posts: 104 | From: San Diego, CA | Registered: May 2006
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posted
Called Ameritrade, early morning so I spoke with someone of limited knowledge..He did state that there was a memo, he took a minute, and then read The PR.
I half chuckled, he laughed and said something to the effect " It isn't a good thing "..Contact teck support later in the morning..
When will people learn to play the Pinks fast! These things in the vast majority, are not holding stocks after they have a big run, period.
I made some nice bucks on this thing over a year ago, think I held it for several days on a small buy, then when the run started I got lucky and put some serious dough in it..Came out a few hours later with a nice profit..Once I'm done with these things I seldom look back.
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by TickTrader: Ballyman, there's one crucial bit of info in the PR Turek sent out that set everyone off - the one that broke silence. Don't have the link to post at the moment, and I gotta go for now. See if you can find it - priceless. Lemme know if you need/want the link, I'll post it later - but you still gotta 'see' once you're there.
Two things stick out for me in this May 8 PR. First they actually completed the 03-04 audits after 2+ years of talking about it, that was surely a shocker. Second they commissioned a MM to assist with submitting their filings, which means those filings will actually role out. Which means wow PLNI actually means to do business. Since May 8 we have seen them take some of the necessary steps moving them forward. This PR revealed that PLNI is going from a "gonna do it" to "done it".
-------------------- "It's a head game...climbing a mountain that is, 20% physical:80% mental." Posts: 104 | From: San Diego, CA | Registered: May 2006
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Dustoff, I haven't called Ameritrade over their PLNI status. While somewhat cryptic, your post is a good example of why I don't bother. Each and every 'first contact' seems to have a 'special message'- 'second contact', same thing - and if persistent enough, I can get a 'third', yet different response.
Now, if I call and get someone to READ a memo from DTC or other regulated org, I can put value into that. Otherwise, it's a waste of time.
I'm working here without a decoder ring... You are saying that you read the May 8 PR to customer service rep of Ameritrade... and the reading of the PR evoked laughter from the rep? Do I have this right?
As far as the TDAmeritrade fiasco, I've spoken with both TDAmeritrade brokers, as well as Plasticon's Investor Relations Department and lets just say that TDAmeritrade is on the loosing side. TDAmeritrade did mail out letters on April 23rd 2006 stating to clients they had to go to certificate form, or transfer to another brokerage. If Rodney in Plasticon's Investor Relations is not too busy, he'll fax you a copy to read for yourself. In any event, TDAmeritrade is now stating that they never made that statement or wrote that letter, that only a trading restriction is being imposed. So we have TDAmeritrade back tracking a little.
Rodney with PLNI's investor relations, faxed TDAmeritrade a letter shortly after April 23rd, 2006, to ask why this letter was issued to shareholders of PLNI. TDAmeritrade refused to respond. Rodney did the inquiry letter on PLNI company letter head and all so that TDAmeritrade knew that Rodney was an authorized representative of PLNI. TDAmeritrade simply snubbed their nose to PLNI. Therefore, PLNI went public with the post last week notifying TDAmeritrade investors of the deadline per the letter issued by TDAmeritrade on April 23rd. TDAmeritrade is currently calling the PR a "false PR".
Pinksheets removed the PLNI quotation from their website only (not anywhere near a de-listing) on January 31, 2006. Since then, PLNI has made many financial disclosures, in addition to working with a Pinksheets.com approved lawyer and subsequent statement from that lawyer testifying to the "tradeability" of PLNI. I expect Pinksheets to remove the statement from PLNI soon and to provide quotation services over their website in short order.
When Pinksheets does remove this statement, TDAmeritrade will most likely lift the trade restriction. Unfortunately for TDAmeritrade, the damage will already be done as I know of at least a dozen traders who have put through transfer requests out of TDAmeritrade and to ScottTrade after the PR from PLNI last week.
American's love their freedom, which includes the freedom to loose everything, just like in any other stock. Having a Big Trading Firm step in and limit their freedom by saying you can sell your existing shares but you can't buy more is an incredibly bad move by TDAmeritrade. As if that action is warranted simply from the warning Pinksheets has put on their website (if you speak with a broker at TDAmeritrade, they will read to you the paragraph on pinksheets.com to justify the trading restriction).
Many newbie investors do not know about the NASD and their regulatory powers over all brokerage firms in the U.S.
This action is of particular importance if you feel that TDAmeritrade has unlawful relations with a Market Maker in PLNI that is engaged in shorting/naked shorting the stock, and such action by TDAmeritrade in allowing sells but not buy orders is meant to help that Market Maker make big profits on his short. You have the option to file a complaint "anonymously" as well.
Again, you can find my research analysis on PLNI at TraderFlash.com if you'd like to check it out. Exciting times, gentlemen, for investors in PLNI.
Posts: 38 | From: California | Registered: Jun 2006
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Nice compilation of data and info as well as all the leg work on your part.
I will save this in my favorites as a nice one stop source of info.
Ball
-------------------- "It's a head game...climbing a mountain that is, 20% physical:80% mental." Posts: 104 | From: San Diego, CA | Registered: May 2006
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posted
Mr. Jepsen, you should not have mentioned my moniker. You are setting yourself up for a very harsh critque which you will not enjoy and, most likely, find humiliating.
quote:Originally posted by Dustoff101: Tex, you going to buy in?
doubt it: share structure much different than when you and I did well on it, not to mention the sheer weight of all the questions. The conditional would be something like if-if-if-if/then/if-if-if/then, maybe...
I still like idea of the company, so will follow to see how the soup thickens...
posted
(...assuming that I haven't made a wrong assumption somewhere along the way--well, assuming I *did* make an assumption, that is...hypothetically speaking, of course)
posted
Heh, heh, I will only comment his words are riddled with logical fallacy.
"Recognizing fallacies in everyday arguments may be difficult since arguments are often embedded in rhetorical patterns that obscure the logical connections between statements. Informal fallacies may also exploit the emotions or intellectual or psychological weaknesses of the audience. Having the capability to recognize fallacies in arguments will hopefully reduce the likelihood of such an occurrence."
Reminds me of another long winded story which takes me about two minutes to type.
As a child on our farm, I am always both delighted and curious about mother hen behavior.
Of course, Mother Hen and chicks feel safe around humans, we feed them and make them angry by stealing their eggs.
However, toss a corn husk in the air, a mother hen clucks like crazy, spreads her wings and her chicks run like crazy for shelter.
When Grandpa would catch me doing this, I always received a good butt switching, "Yall don't be scaring those hens. They will quit laying."
When the price of eggs crashed, Grandpa commented,
"Those eggs ain't worth the wear and tear on the hen's butt."
Well, setting aside sage rural comments, later in life, after becoming better educated, I learned those mother hens are displaying instinctive behavior given by Mother Nature; classic survival of the fittest behavior.
Those hens, which I came to love so much because of their willingness to sacrifice their lives to save their chicks, heck, no love for chicks at all! Those hens were only following Mother Nature's laws wired into their simple brains.
I am not a mother hen here. I simply do not want you boys to lose your money. I want you boys to dump your money into my stock picks so I can profit!
posted
Purl Gurl Its me cm3i I received it....Will check to see what I did with it. I might have also gotten it in an email. Since I no longer have any stock there I might have thrown it away. I moved to Investrade. They treat me good with fair trade cost with no limits. Not a bad web site either.
posted
I hope you can add something on this, Chas.
It is critically important to verify statements made by a company. More important, to develop a picture of context.
Have to go. One of my elders just called. She has a snake in her bathroom. Just because I am an American Indian, I am suppose to be an expert dealing with snakes. Jeessh...
posted
LanceJ...I called and spoke with Rodney the day of the press release. He said that he would not fax me a copy of the letter unless he received permission from the person who sent it to him.
I argued with him for several minutes telling him to just black out any personal info and then distribute it. He said no.
If Rodney shares it with you, I would love to see it.
Thanks and welcome.
Posts: 221 | From: michigan | Registered: Jun 2005
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posted
Played this last year and made a killing. Not looking to play it again as there are too many what ifs floating around now. Too many red flags for me.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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Told my eighty year old elder it was a young rattle snake and to keep her distance.
Had my elder collect some dry cottonwood leaves from outside. Placed them in a pan, set them on fire, then chanted, "Chahta Okla, Chahta Yakni, Chahta Okpulot Taha," while waving smoke on the snake. Explained to my elder this renders its poison ineffective in case I am bitten. Quite the Indian ceremony; she loved every minute of the show, although I decided to leave my clothes on.
Annoyed the poor thing by waving a hand in front of it until it starting striking. Took several attempts but finally I was able to catch it between my teeth, gently, though, I did not want to hurt one of Mother Nature's creatures.
Showed her my hand and mumbled between my snake holding teeth, "See, tiny bites but no poison. Indian magic very powerful."
My elder thinks I am crazy. She screamed a lot although she stayed close to watch. Most fun she has enjoyed in a month of Sundays and she has a good story to tell her friends over coffee and cookies.
Brought the snake home and set it free in my husband's truck. He will find it sometime in the morning. Hopefully and with a bit of luck, the snake will slither up his pant leg.