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no idea what the short term will bring... but look for prices of .10 to .20 after the TV show gets aired regularly on TLC... we r airing i think im britian or something.. i visited hte office in santa monica.. jus 4 minutes away from sisters house.. very nice place... they had no idea about the stock ..lol .. but anywayz i like the company and the float
Posts: 191 | From: Orange, CA | Registered: Jan 2004
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Lots of good information on this thread. I missed the run again yesterday on this stock because I too was confused about trading with unsettled funds. Well I'm getting in today since my funds will settle on Monday and understand now that I just can't sell till Monday. If you all think .20 is possible then I'll still come out good! Go WNMI.
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With the whole "3 Business Day" deal, it's just so much easier to change your account from a cash account to a margin account.
As long as you make sure that you're only using money that you have but has just not settled you'll be fine. I've placed about 4 day trades (bought and sold the same stock the same day) borrowing $2000 each time because the $2000 I initially had has yet to settle, and from that money I made abotu $1050 and the interest I owe from borrowing money is only about $6, less than the average commision of one trade.
If you're serious with the daytrading and you want to continue it is imperative that you change your account to a margin account. Without that you will only be able to trade the money in your account once every three business days which will become an annoyance.
As to WNMI, good luck to everyone on this stock. I wish I had the patience to just hold this stock for a week or two or three but I'm to anxious and eager and I like to just play the little jumps which can be benificial at times but for the most part it hurts me.
At one time I had 350,000 shares at .006 but I sold that around .0062. Coulda made tons more there.
Another suggestion to anyone would be to set up TWO accounts. I'm going to do that soon. One for the quick daytrades and then one for longer term trades. Stocks like this and QBID can be put into the longer term ones (weeks to months).
Good luck everyone!
Posts: 362 | From: New York | Registered: Feb 2004
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quote:Originally posted by CGHitman14: With the whole "3 Business Day" deal, it's just so much easier to change your account from a cash account to a margin account....
Thanks, didn't know it would be so easy. I'm having the margin agreement emailed to me right now for me to fill out and fax, and I'll be setup today. I currently use Scottrade for short term and Sharebuilder for long term.
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CG, how did you get margin approval? you're still 18 years old right?? Im curious becasue I have been denied Margin TWICE, even tho on the second attempt my status was better than on the first attempt. Who is your broker?!
Posts: 1148 | Registered: Jan 2004
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Warning Agency **Stars** in $ Worldwide TV Documentary $
This exciting project called ``Faking It''
The show, which is one of Europe's top rating shows, will be broadcast worldwide on the BBC network and in the United States on the TLC network. Warning models were selected for this prestigious assignment over numerous other model agencies in an exhaustive search. The producers of the award winning documentary style show felt that Warning would be the best example of the inner workings of a top fashion agency. With Warning's profile in the industry growing by leaps and bounds, the exposure and press of this well publicized show set for early 2004 will set Warning on a clear path to becoming a household name. http://biz.yahoo.com/pz/031106/47784.html http://tlc.discovery. com/fansites/fakingit/fakingit.html
Posts: 256 | From: Altoona, Pa, USA | Registered: Feb 2004
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Wow, i didnt get in when it down in the 1-3 range. I figured i had missed out. But with all this anitcipation. This couldbe HUGE. IMHO, it might not slow down at all, and the long run migh tbe just as good! Any suggestions B
Posts: 300 | From: Comer, Ga, USA | Registered: Mar 2004
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quote:Originally posted by The Hippo: CG, how did you get margin approval? you're still 18 years old right?? Im curious becasue I have been denied Margin TWICE, even tho on the second attempt my status was better than on the first attempt. Who is your broker?!
HIPPO--i WISH i had started this when i was just 18---don't need margin to get ahead here--keep playin it smart--you've got plenty of time to "make it" and enjoy it--LOL
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WhizKnock- Faking it is a TV show on BBC America where a person with no background or training in a given field is given intensive training for 30 days and then tries to pass him or her self off as an expert. They had a hamburger cook in a park pass himself off as a Master Chef and in a competition. An exotic dancer afraid of horses pass herself off as a Champion Equestrian jimping over fences with her horse and fooling the judges. They had a punk runker lead the London Philharmonic, a ballet dancer turn into a prize fighter, a Harvard snob be an NFL cheerleader etc. It is a lot of fun and the people are very engaging. For anybody who ever says I could do that, this is a great show. I bought more at .043 today anticipating the show. -Debi If you get BBC America they had Changing Rooms, Ground Force, the original What Not To Wear and other popular shows. GLTA-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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quote:Originally posted by glassman: HIPPO--i WISH i had started this when i was just 18---don't need margin to get ahead here--keep playin it smart--you've got plenty of time to "make it" and enjoy it--LOL
Glassman, I wish I had started at 18...Im an OLD 21 now!! Also, margin changes the way you play the game, ONLY because it allows you to bypass the three day rule! I dont think that I owuld actually buy on the margin. But, its good to know that if you buy a flopper, you can sell it right away and move your money into something more expeditious RIGHT AWAY!
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G-man, you better cancel that 5. Looks like your going to shoot straight through it. By the way, looking to retire sometime soon? HAHA B
Posts: 300 | From: Comer, Ga, USA | Registered: Mar 2004
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Just my opinion but I really believe that this will end up very big. I wanted to see what other big modeling agencies make and what they are traded for. The biggest is probably Ford Modeling which happens to be a privately owned Co. who has Christie Brinkley signed. Who knows what a Co. with these characteristics and big name stars can be traded for. I think $1.00 might not be too high to go to. If they can sign 13 models for Victorias Secret and now Paris Hilton who else can they sign, and how much money do you think that these stars can generate for the Co.? Plus, we are just getting to the big modeling season (summer) and good publicity with a TV show (Fakin It). I think we found a really good one here. JMO
Posts: 28 | From: Hernando Beach FL USA | Registered: Feb 2004
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I'm kinda new to this but I've enjoyed reading all of your discussions. Can anyone tell me REALISTICALLY how high this stock may go over the next couple weeks based on its profile?
Posts: 395 | From: Grand Rapids MI 49546 | Registered: Feb 2004
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Jonv-I don't think anyone can realistically predict how high it can go BUT we can all with absolute certainty tell you: you will not lose more than .042 a share right now. If I didn't think it had potential I would have sold instead of buying more. The TV show is millions of dollars of free advertising. Paris is going to make a lot of money for the Company, they have the photo division that will make money and the company is off to a great start. If they can continue to make good decisions the price can go much higher. IMO-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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This thing is a day trader's dream. Watch it retrace over the lunch time moody blues as traders take their profits to lunch... mmmmm mmmmm profits taste good ...
Anyway, looks like it'd be a good idea to get back in when it retraces to the mid 3's. Sell at 4 and change and smile.
DKS
Posts: 156 | From: Philadelphia, PA, USA | Registered: Jan 2004
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quote:Originally posted by WWJD-thru-me: Jonv-I don't think anyone can realistically predict how high it can go BUT we can all with absolute certainty tell you: you will not lose more than .042 a share right now. If I didn't think it had potential I would have sold instead of buying more. The TV show is millions of dollars of free advertising. Paris is going to make a lot of money for the Company, they have the photo division that will make money and the company is off to a great start. If they can continue to make good decisions the price can go much higher. IMO-Debi
Thanks for that. I'm in at .044 with fingers crossed.
Posts: 395 | From: Grand Rapids MI 49546 | Registered: Feb 2004
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[QUOTE]Originally posted by WWJD-thru-me: [B]WhizKnock- Faking it is a TV show on BBC America.......
WWJD-thru-me, Thank you very much for your response. It's great when people take the time to answer questions. Makes me not feel quite so dumb asking them. Again thanks.
posted
Down right now but I think it will recover and close higher than yesterday with PR out on Monday with Traders Nation! They just filled a buy of 4 million about 10 minutes ago so maybe the MM's brought it down to fill that order. I've been wrong before but IMO this is a great time to add more. Am I in good company right now?
Posts: 28 | From: Hernando Beach FL USA | Registered: Feb 2004
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yesterday i posted a .0044 close prediction--but i forgot about the Friday afternoon early weekend rule for daytraders---LOL the volumes are not going to match the last few afternoons it looks like-i continue to hold --it may take some steely nerves tho--
quote:Originally posted by Dive Skipper: Down right now but I think it will recover and close higher than yesterday with PR out on Monday with Traders Nation! They just filled a buy of 4 million about 10 minutes ago so maybe the MM's brought it down to fill that order. I've been wrong before but IMO this is a great time to add more. Am I in good company right now?
I would be with you but I bought in early this morning when it was down to .028!
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This is definitely a traders dream. I am trying to get some at .03 and it is not getting filled. -Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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WhizKnock -Your welcome. I raised my dib to .031 and still not getting any-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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Trades going through like crazy here at .03. I feel bad now for getting in back up on the first dip after the .045 ride down to .037, so I'm in at .037 but it'll get back to there soon, if not today then Monday.
Posts: 362 | From: New York | Registered: Feb 2004
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Fianlly got some at .03. Yeah! I like this stock-if it goes down some more I will buy some more, the episode of Faking it is coming up soon. I originally bought at .003 because they issued a PR about Faking It that was months ago. -Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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posted
There are Million dollar buys going through right now! Never seen this weird trading before.
Posts: 85 | From: Mashpee MA USA | Registered: Mar 2004
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There are about 135 Million shares judging from an SEC filing 2/25/2004 that says 13M+ is 9.99% of the stock. Does anyone have the exact number and seeing that the whole amount of stock is sold and resold everyday. I have to believe there is a lot of shorting going on even with the huge gains we are seeing. Input anyone? What is the float supposed to be? -Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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Cti-Halfway thru this page is a copy of the PR posted by BO and 2/3 of the way down is my take on the TV show Faking It airs on BBC America and TLC-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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posted
Finally got in at .0295 when I missed all the other runs!!...and then it dropped down lower. Every stock that I've ever owned has done that. Well, I'm hoping for a strong close and a good week starting Monday.
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