posted
Got 170k @ 0.027 hope we see the same on Monday as today. Good trading all.
Posts: 164 | From: greenville, SC, USA | Registered: Mar 2004
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quote:Originally posted by StockMinister: 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.
Do not feel so bad...I bought in the 0.034 range & now it is around 0.027...
As you say, it seems that it always happens to everybody, except the MMs.
I am holding...this is my daytrade money & puts me in a panic mode, but hoping this will recover pretty soon....I can not hold this for long...
GLTA Raja
[This message has been edited by rajarammx (edited March 26, 2004).]
posted
What is everybodys predictions for monday? Lets see who is the closest. If you win you can go in the street and find a penny and buy a few shares of CMKX.
Posts: 369 | From: MN | Registered: Mar 2004
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posted
this is my totally uneducated stock pricing opinion. Do not use this for trading this stock for I haven't been doing this long.
I think the price will go down first to .025 then move to the range of .05-.052 then return to .035-.037 by the close. This seems to be the trend for our lovely market makers to make there short term money.
Good luck to all on this stock. I am holding my small amount that I have for a while longer before jumping the bandwagon.
posted
Debi: According to otcbb (http://www.otcbb.com/profiles/WNMI.htm) there are 800,000,000 shares authorized and 86,000,000 outstanding. If 2/~14,000,000 share transactions were recorded this year, this would put the number outstanding at about 115,000,000. My guess is that there was another 25,000,000 share sale last year sometime (that I didn't see).
The big question I have is... that leaves about 640,000,000 shares authorized but not issued yet. Those could be released...anytime? More DD is needed.
Second...I wonder why there was no 10-K filed in February 2004.
While I'm at it...Why did the former CEO resign in February and why has there been no PR about a replacement. (Although I would consider taking the job if it were offered...;=)
Bob
Posts: 51 | From: Fairfield, CA, USA | Registered: Mar 2004
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posted
Found this and wanted to share it with you all. Everyone have a great weekend off and good luck to us all on Monday!
THE PSYCHOLOGY OF CORRECTIONS
What drives most investors off course is the sudden onset of a correction. This significant decline in a bull market (or significant advance in a bear market) evokes a myriad of emotional reactions: anxiety, panic, euphoria, relief, hope, despair, self-blame, anger. What underlies these ephemeral psychological states is usually an intense feeling of uncertainty stimulated by one's own inability to organize what is happening in the market into some coherent idea to guide our actions. Investors fear holding their position because a correction in a bull market may turn out to be the beginning of a bear market; and they fear selling because of capital losses, transaction costs, and concern about missing the resumption of the bullish tend.
Corrections
The primary question in all such corrections, however, is whether the drop in prices is the first leg down in a bear market or whether it is merely a short interruption in a major upward trend. Hindsight is always very accurate. If the market drops 5%-15% and resumes its upward momentum, we look back and call it a correction.
Corrections, as opposed to most bear markets, tend to occur as steep and sudden declines in market averages and individual stocks; but the volume levels in correction phases tend to decrease as the market drops. Bear markets, in general, are slower to develop and have increasing volume as the decline continues. Bear markets usually produce fear; corrections typically evoke anxiety.
Psychological Factors
Emotional stability is the primary force, which prevents disaster during a correction. Such stability means not yielding to the characteristic psychological reactions during this period.
It is a psychological axiom that human beings pay much more attention to negative than positive news. The proclivity toward believing negative news, when combined with the human tendency to place the highest value on most recent information generally creates undue pessimism in the investment community. Not only is this true with regard to broad market corrections, it is even more relevant to corrections in individual stocks.
Rumors and Gossip
Because any correction is perceived as a crisis by most investors, there is a natural tendency for individuals to retreat to herds for protection, just as our evolutionary history teaches. Herd mentality, fostered by corrections, promotes rumors and inaccurate information. Even the most rational investor is subject to such influence if the messages are repeated often enough in disparate contexts. With Internet communications inaccurate information becomes "truth" in a matter of minutes. Only those who perceive themselves, as outsiders, individuals who don't quite fit in with the current system and have come to terms with that status, seem able to resist capitulating to the rumors and gossip promulgated by the herd.
Given the above psychological traps, there are several ways to protect yourself ahead of and during any correction.
1) Know ahead of time what you will sell and what you will hold in a correction. During the correction is not the time to be sorting out your portfolio.
2) Treat all corrections as opportunities to increase holdings in your favorite stock. For individual investors this means buying only half to three quarters of the stocks you want to own and then waiting for a pull back to buy the remaining shares.
3) Ignore yearly relative performance. You should not worry about out-performing the market or other investors on a short-term basis. Tolerating extended periods of under performance makes no difference as long as your stocks perform in a way that meets your long-term investment goals.
4) Treat the increasing noise in the media about devastating corrections as a contrary indicator. The best time to be a contrarian is at major turning points in the market.
5) The primary factor, which counters anxiety in a correction, is accurate knowledge of a company. Particularly in volatile markets, you should not hold companies about which you have little information.
(c) 1999 Richard Geist
Posts: 28 | From: Hernando Beach FL USA | Registered: Feb 2004
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Intuit_Information Newsletter Paris Hilton & WNMI Saturday, March 27, 2004
NEW YORK, NY --(WWW INTUIT_BUSINESS WIRE) --3/27/2004 1:30pm Paris Hilton currently filming The Simple Life 2 and will soon be seen as the leading actress in the upcoming horror flick [House of Wax] is simultaneously working on a pop-album and a possible book proposal entitled Tongue-in-Chic: Paris Hilton's Confessions of an Heiress [from what we know so far this young starlet holds nothing back].
Hilton’s captivating beauty and sex appeal currently embellish the covers of several popular magazines, including FHM, Elle and Maxim. Thanks to the success of the hugely popular reality TV series, “The Simple Life,” Ms. Hilton now enjoys an unprecedented level of fame and popularity. No matter where you look, there she is, a fantasy come true. Indeed, she’s at the forefront of media attention and adulation – which is exactly what she enjoys.
This week Ms. Hilton signed an exclusive modeling contract with one of the world’s fastest growing modeling agencies: Warning Model Management Inc. of Beverly Hills, CA 90210. You want to talk about charisma, Warnings stock price[symbol; OTC.BB WNMI] shot up 300% when the news hit the canyons of Wall St.
Overnight, she became America’s favorite socialite and a global household name with her infamous “home videos”. Now rumors have it this Hilton hotel heiress may soon have her cute cheeks the center piece of the new [Warning!] clothing line that ranges from jeans to underwear and beachwear to sleepwear. If the Warning clothing line catches on fire like her sex video and the stock price did then her millions of young fans worldwide are sure to make the current share price of WNMI @ $0.027 one the the most compelling and undervalued equities in the stock market
The Warning management team recently filed [Filing Date: 2003-10-27] with the United States Patent and Trademark Office for a Trademark giving the rumors an appealing foundation. http://tarr.uspto.gov/servlet/tarr regser=serial&entry=78318935
The Smart Money won't wait for the Paris evolution because the big money is made before the revolution hits the masses. With the share volume hitting all time highs this past week you can be sure the Paris+WNMI relationship is spreading internationally. One word of caution; [WNMI] is best suited for aggressive type strategies that invest with meaningful risk.
The company’s Annual Report is expected next week but our sources say there will be a late filing [Form Type: NT 10-K] on Monday or Tuesday. The 10K will more then likely be delayed because of several positive developments taking place so if you’re a shareholder you know what to expect.
For now keep your eyes on Paris [that's easy] and WNMI’s daily volume and any additional blockbuster PR’s because this could transform this penny stock into your personal windfall.
Posts: 256 | From: Altoona, Pa, USA | Registered: Feb 2004
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posted
what should I do on monday? try to sell at .053 or hold? only have 12700 shares looking to sell then buy in at a lower price. Just wanted you opinions and good luck to all on monday. Posts: 795 | From: Brown Deer, WI 53223 | Registered: Feb 2004
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quote:Originally posted by Steve020866: this is my totally uneducated stock pricing opinion. Do not use this for trading this stock for I haven't been doing this long.
I think the price will go down first to .025 then move to the range of .05-.052 then return to .035-.037 by the close. This seems to be the trend for our lovely market makers to make there short term money.
Good luck to all on this stock. I am holding my small amount that I have for a while longer before jumping the bandwagon.
SteveIhaven'tbeendoingthislong--is a very quick study--this is the best prediction you can expect------maybe .04 on the close LOL
quote:Originally posted by Bob-on-the-golf-course: Debi: According to otcbb (http://www.otcbb.com/profiles/WNMI.htm) there are 800,000,000 shares authorized and 86,000,000 outstanding. If 2/~14,000,000 share transactions were recorded this year, this would put the number outstanding at about 115,000,000. My guess is that there was another 25,000,000 share sale last year sometime (that I didn't see).
The big question I have is... that leaves about 640,000,000 shares authorized but not issued yet. Those could be released...anytime? More DD is needed.
Second...I wonder why there was no 10-K filed in February 2004.
While I'm at it...Why did the former CEO resign in February and why has there been no PR about a replacement. (Although I would consider taking the job if it were offered...;=)
Bob
Those share "on the shelf" belong to the COMPANY not inside holders--by regulation they should issue an SEC statement(and or seek shareholder aproval--big LOL) regarding the issuing of those shares to insiders BEFORE they can be dumped--- why use those shares if the company is for real--they are a business asset---and they are a concern
if anyone can dig up dirt on the directors/board that helps us determine if this company is out to GROW or out to take advantage of INVESTORS by all means CONTRIBUTE
posted
I got in early Friday morning at .031, watched it shoot up 75% hooting hollering, and then close down 17% crying and sobbing!! LOL Nice to see I am in good company on this though! GLTA
Posts: 311 | From: America | Registered: Feb 2004
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posted
My completely uneducated personal guess on WNMI as a teeny holder: hold it awhile. Reasoning: there's a larger upside than downside. I think there is a very low probability it will slide permanently below .02, that strikes me as the current bottom support level though things will certainly be volatile for awhile. I think there is a much larger upside than downside. It wouldn't shock me to see WNMI at .09 or even higher in a month. So just based on pure numbers alone, strikes me that there's a monthlong upside potential of perhaps +300%, and a monthlong downside potential of perhaps -40%. You have roughly equal chances of losing a penny a share, or gaining 5-6 cents a share. I don't mind those odds. Granted I have a teeny holding so I don't mind taking a bit of risk, and I could well be dead-wrong. Trying to step back from the situation and just look at it rationally/coldly though, it doesn't strike me that it would be the best move to hit the panic button and sell it all low tomorrow. This company seems to have a good handle on releasing big PR's and trying to leverage interest and excitement. My very small holdings are in at least for the next few PR's, we'll see what happens.
Posts: 1698 | Registered: Mar 2004
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quote:Originally posted by opiate94: I got in early Friday morning at .031, watched it shoot up 75% hooting hollering, and then close down 17% crying and sobbing!! LOL Nice to see I am in good company on this though! GLTA
I got in around the same time. I wish it didn't come back down but people needed to take their profits. Now we should be free to move on without the same level of impact from future profit taking. My guess is we will be very happy Wed or Thur.
posted
Anyone here think TSBB might get a nice pop at the open, whether or not the news of Angelina Jolie being there new spokesperson they had alot of hot publicity with the Glenn Cummings deal and all i'm thinking its ready to move about .005 sometime during the week from the .01 level we are seeing now? Any thoughts?
Posts: 46 | From: Revere, MA, USA | Registered: Mar 2004
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posted
Been doing a little DD and have read about a technique the Market Makers use for large incoming buys in a stock.The call it beating the VWAP (value weighted average price) of the day. Sometimes they will bring down the pps a stock at the end of the day to make the pps of huge orders equal to the average stock price of the day. They make commissions on large orders, but those orders must be executed at a good pps. If you look at WNMI Friday chart that looks like what might have happened.
Posts: 85 | From: Mashpee MA USA | Registered: Mar 2004
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posted
Bob on the Golf Course-Nice post about the share count. I can see the possibility of needing shares to finance a clothing line. There is one Faking episode featuring Warning Modeling-but they are syndicated and the one episode will air many, many times. I have seen the same episodes repeated as many as 15 times-I didn't watch the same one 15 times but I have watched some 3 times. If I was a guy I would probably watch the modeling one 15 times. Just the promo spots for the episode featuring the modeling agency should be good. I am still thinking this is good to go this week. Watch Level 2 and you will see some great buying opportunites coming. GLTA-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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posted
If it follows the pattern of QBID-which went straight up and then straight down, then up, up, and up. Then this could be a monster indeed. I will probably watch it a little tommorrow and get in somewhat, I highly doubt with all the excitement generated that it will tank. OOOOOOHHHHH I love the pennies. What a rush to make so much money in stocks. Course, I could lose it all tommorrow, but when you're on a roll bet the pile.
Posts: 123 | From: anchorage, ak. usa | Registered: Jan 2004
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posted
O NOOOOOOOO!!! After hours trades showing a gap up Monday morning to .039. I don't want to chase this sucker, was hoping for a a shake to get in under .03. Don't think this will happen. Still hoping. BLAST IT!!!
Posts: 123 | From: anchorage, ak. usa | Registered: Jan 2004
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posted
I thought these type of stocks didn't/can't/won't trade afterhours???
quote:Originally posted by killpack: O NOOOOOOOO!!! After hours trades showing a gap up Monday morning to .039. I don't want to chase this sucker, was hoping for a a shake to get in under .03. Don't think this will happen. Still hoping. BLAST IT!!!
Posts: 311 | From: America | Registered: Feb 2004
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