quote:Originally posted by Doniboy: No offense guys, but when you say "only get $15 from Rufus" I cringe a little. Remember not to get too greedy. Getting $15 for a stock that is trading for $2.45 right now is a HUGE deal. Everyone needs to have an exit strategy in mind, even if you plan to be invested for a long time you have to ask yourself what your goal is and then keep it. Sure your goals can change, but make sure that those changes are based on DD and not Wishful thinking. We all want to make a million dollars in a day, the real question is: what would we accept.
If you find yourself multiplying your number of shares by $54, $78, $124, over and over it makes $15 a share look miniscule by comparison. Believe me..going from $2.45 - $15 is a rare and wonderful occurance. Take what you can get!!
It's the DD that's making me think long... We still have 3 Bonds not even on the 8k, one of them is 5 BILLION EURO's (6.3 Billion US)!!!, on top of that Rufus said their are MORE then that coming out on the 10k, then... look at the suds.
$15 right now would be a deal, throw the other 3 bonds that we already looked at on there and it is a steal! Throw more deals on there PLUS Institutional buyers like the ones PR'd...
"BOOM"
Rufus and Ben stated very early on that long term (year/2) they saw $100-200 range. I think they might be right.
There aren't that many shares out there, 110 million (not including FTD's). Trade and do whatever you want, but Rufus is filing these deals with the SEC, in black and white, and he's inviting investors over to his horse ranch where his family can be seen. We found ties to the Republican party...
I think Rufus is on the level and this thing is going to take flight, with or without us.
I've been here from the beginning, and that is my take on it. Even people who want to flip out, I would leave some shares sit, forget about them, and see where they go in a year, or two, or 10 years time! OMG what a huge play even a 100 shares might be in 10 years!
Just things to keep in mind.....
Do what you will
why did rufas mention that there were only 37 mil. shares last night??
in the float.
-------------------- - "Pay it Forward"
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anybody switching to a top-notch borkerage house:
do not "freak out" when you get a letter of non-solicitation from them on your first penny purchase... they just do that to protect themselves from litgation...
i framed my first one...
i bought OWENQ at .35$ a few years back..
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by St. Matthew: I just thought of something...I wonder if Rufus' suggestion for people to get their stock certificates is a two fold plan on his part to:
1) Dry up the number of shares that are out there to easily trade on-line (magnifies the short squeeze) at the time of re-set and...
2) Forces people to not jump ship immediately after the re-set...thus creating more stability in the PPS and helps facilitates a PPS run up.
He has spoken on both of these issues...just not in relation to the certs.
Thoughts...?
I think you actually hit it on the head...
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i turned my merrill friend on to this stock at 30 cents. he's a believer
quote:Originally posted by glassman: anybody switching to a top-notch borkerage house:
do not "freak out" when you get a letter of non-solicitation from them on your first penny purchase... they just do that to protect themselves from litgation...
posted
<'eza kan el-kalam min faDah fa el-sukoot min dahab>
Literal translation: if speech is silver, silence is gold. Hidden meaning: silence will always be of more value than talk. Applicability: when someone's speech is meaningless/damaging.
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quote:Originally posted by betting babe: i think im gonna go visit my banker at chase. a quick solution would be to wire him the funds and drop em rite back into the market. wondering what the costs would be.
BB I just got off the phone with my bank Am south. They said I could open a trade acct. with them.. within one day.. wire funds from acct.
BUT I can't get money from scotty for 3 days.
I have the money in acct to attain what I had in scotty.. Jeez I am sick of this..
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Right now I will examine every opportunity. Thanks for the effort Babe oh did you see that myself and surfer found all the information. rufus was talking about at the www.gsccca.org website.
quote:Originally posted by betting babe: <'eza kan el-kalam min faDah fa el-sukoot min dahab>
Literal translation: if speech is silver, silence is gold. Hidden meaning: silence will always be of more value than talk. Applicability: when someone's speech is meaningless/damaging.
I think he wants us to keep the mm's from knowing how we are reacting to all this.
posted
careful with commissions and services from a regular 'bank" is what im told. may not be as effective as a full-serice dedicated broker.
u should be able to liquidate and transfer immed if u have a margin acct. just dont transfer more than what u have in ur acct or ull get a margin-call-wakeup
transfer of funds alone is only a few hours.
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The instant I sent my buy order in 2.49 the spread was 2.47 x 2.49... the second after I hit submit it jumped to 2.51 x 2.52. I made the number nice and round, did not set the AON, and made it a multiple of the bid size. It looked like I touched them with a lit match.
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yes! thx havent had a chance to digest it yet. i figured it would just take time for the system to register the info - i think we were all searching too early.
will update if we can get a group commissions rate for merrill after my 4pm meeting.
i dont see why not.
quote:Originally posted by RyanPBF: Right now I will examine every opportunity. Thanks for the effort Babe oh did you see that myself and surfer found all the information. rufus was talking about at the www.gsccca.org website.
Join Date: Aug 2006 Posts: 144 Quote: Originally Posted by mguo1
Anyway, I just got a packet from Schwab asking me to lend my shares to them at a 8%. Its very official looking and has a nice neat folder and color papthlets(sp) and saying how valuable CSHD is so they wants my shares!! __________________
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