quote:Originally posted by denzen: I may be wrong but I thought that was for shorting in general and not naked shorting. That's part of the reason for the law change, as I understand it MMs can keep naked shorting to their hearts desire right now .
dz
/ Diana, I've been considering astrology.
could be DZ... I wasnt aware of a difference between shorting and naked shorting! Could you explain pleasE?
posted
Simply put,as I understand it, in the other stock exchanges MMs can only short the # of shares available, and must cover those shares after a certain period of time. For OTCBB stocks, and pinks, naked short sales can be for more shares then are really available and MMs can take their sweet time to cover those shares. So the PPS of the stock goes goes down from the extra # of shares in the market. That's why it's called naked shorting, the shares don't have to be covered.
dz /
quote:Originally posted by The Hippo: could be DZ... I wasnt aware of a difference between shorting and naked shorting! Could you explain pleasE?
[This message has been edited by denzen (edited February 27, 2004).]
[This message has been edited by denzen (edited February 27, 2004).]
quote:Originally posted by denzen: Simply put,as I understand it, in the other stock exchanges MMs can only short the # of shares available, and must cover those shares after a certain period of time. For OTCBB stocks, and pinks, naked short sales can be for more shares then are really available and MMs can take their sweet time to cover those shares. So the PPS of the stock goes goes down from the extra # of shares in the market. That's why it's called naked shorting, the shares don't have to be covered.
dz / [This message has been edited by denzen (edited February 27, 2004).]
[This message has been edited by denzen (edited February 27, 2004).]
Well put. Thank you for the difference. So, essentially, (and correct me if Im wrong) MMs artificially increase the float/OS of a company through Naked Shorting?!
posted
I dont think we are going to see advertising or PR's if they are indeed doing some buy back. HOWEVER If itsa holding on a Friday when you know there are hundreds selling off for the weekend that tells me there is great forward momentum on No PR. Once it starts and credibility is established, Hello 30 foot sloop!! Just a thought (42 footer) YEA
quote:Originally posted by denzen: Hippo, I think the MMs have the potential to cause that to happen. It's still probably a good idea to put high sell orders in..
dz
BEGINNER,
GREAT DD FIND.. THANKS
YEAH MY SELL ORDER IS IN FOR 1.00 FOR ALL SHARES EXCEPT 2 MIL AT .0028. I WANT MY CASH BACK. LOL
WE ARE DOING GREAT TO MAINTAIN--FRIDAY'T CAN BE BRUTAL.
EVERYONE HAVE A GREAT WEEKEND--
DZ--GIVE ME YOUR E-MAIL AND WE CAN SET UP TRIP TO PALM SPRINGS. FUN IN THE SUN AND A BUSINESS WRITE OFF FOR ME. YEEEE HAAA.
quote:Originally posted by supermandwc: diana, why all but 2 million at .0028?
i dont get it.
I will answer on her behalf.. she is only doing that because she wants to sell 2 million. She wasnts to make some money off her shares! The rest is just to block the MMs!
posted
My suggestion is to Hold on to them. This is not a get rich quick stock. It will take awhile for it to run but it will. Anything the gay community gets it's hands on, usually takes off from my experiences. Take for example "Quer eye for the straight guy"
posted
that is my assesmant as well. Im definitely in for a long hold. im just aprehensive, as everyone else is too, about how long it will take to "run." Also I have a feeling that each one of us has a differant definition for a big run, and a differant idea of a price to sell at after 6-12 months.
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posted
Until this company has an actual FIRMLY ENDORSED on-air program(if ever), we are going to see an extremely volatile stock that is at the whim of PR and MMs. That being said, to think PR alone(because MMs sure aren't going to let it happen) is going to push this stock to .01, especially with all the quick sellers, is rather overly optomistic IMO.
Don't get me wrong, I'm in this for the long term as well and think this is about as close to promising as I've seen with micros, but use your own judgement when looking at the next couple of months PR.
posted
SUPERMAN come back to earth. I am in this long also. Let's say they buy back 2 billion shares, leaving 5.5 billion outstanding, and they do air. Let's say that the company is worth $300 million. That would only be .054. Still a nice little gain of $108k for your 2 million. That would give DIANA right at a $1 million. Another nice return!! Just trying to look at this realistically.
posted
I own alot of shares in this Co. This stock will never hit anything close to what some of you people are predicting atleast not without a reverse split or two first.
I do think it could and hope of a more realistic figure of around 3 to 5 cents but, I personally will sell all my shares at about 2 or 3 cents. OMPO
posted
I have broken one of my own rules and bought a PINK here--i am in for 500$ and i will hold to find out if they can get on the air for a while--MAY 1 any way--it tkaes time to get these things going---500$ is not a lot for me to spend on a stock --but it is a lot in a MICRO--patience--and pass the word--
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quote:Originally posted by moe7755: I own alot of shares in this Co. This stock will never hit anything close to what some of you people are predicting atleast not without a reverse split or two first.
I do think it could and hope of a more realistic figure of around 3 to 5 cents but, I personally will sell all my shares at about 2 or 3 cents. OMPO
I FELL WE SHOULD THINK AS REALISTIC AS POSSIBLE. I HAD POSTED THIS WEEK BEFORE LAST AND JUST WANTED TO BRING IT BACK UP.
HOPE EVERYONE IS HAVING A GREAT WEEKEND!! I KNOW THAT I AM. WEATHER IS GREAT HERE. WENT TO THE MOVIE PASSION OF CHRIST. VERY VERY GRAPHIC.
RISK V. REWARD
I POSTED THIS OVER THE WEEKEND AND JUST WANTED TO BRING IT BACK UP TO THE TOP.
SHORT TERM SENERIO--1 MONTH TO 6 WEEKS--2,000,000 SHARES AT .0016=$3200.00. 2,000,000 SHARES AT .008=$16,000.00 2,000,000 SHARES AT .01=$20,000.00
LONG TERM SENERIO--6 WEEKS TO 6 MONTHS-- 2,000,000 SHARES AT .03=$60,000.00 2,000,000 SHARES AT .04=$80,000.00 2,000,000 SHARES AT .05=$100,000.00
WORST CASE SENERIO--FRANK FAILS AND THE T.V. NETWORK IS NIX-NADA-ZIP. SELL YOUR 2,000,000 SHARES FOR .001=$2000.00. I AM USING THAT .001 AS WORST CASE. PERSONALLY I THINK THEY COULD BE SOLD FOR LESS OF A LOSS. I THINK WE WILL ANTICIPATE A FAILURE TO AIR BY FOLLOWING THE PR AND AT LEAST BE ABLE TO BAIL AT A BREAK EVEN POINT.
$1,200.00 IS A LOT OF MONEY TO LOSE AND $16,800.00 TO $96,800.00 IS A LOT TO GAIN.
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