posted
very low compared to the 100's of bilions traded ,they mut have retired bilions of shares or something happened
Posts: 156 | Registered: Apr 2004
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posted
is it possible the retired all the shares they wanted to?if so they are ready to release some news getting all the ducks in a row. imo
Posts: 38 | From: hudson,nh,03051 | Registered: Feb 2004
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quote:Originally posted by hammer1home: is it possible the retired all the shares they wanted to?if so they are ready to release some news getting all the ducks in a row. imo
i sure hope so... daddy needs a new life! LOL
Posts: 1885 | From: Tampa, FL, US | Registered: Mar 2004
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posted
Since they are drilling in Canada, let's hope that they can get more drilling done in the summer time without all that snow in their way. If you look at their "moving video" on their site, you can see all the snow. The cold probably didn't help much either.
Posts: 177 | From: Boston | Registered: Mar 2004
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quote:Originally posted by DIESELECLASS: something you might not all know...there are enough diamonds in the world, already being held, and that have already been mined to fill up one large soda cap with diamonds and give everyone in the world one of these caps. I did say everyone. The price of diamonds is so high, because of the fact that there is such a strictly monitored release of them, to keep the price high. Do your own DD though. I am not bashing this company, I know nothing about it... just came in here to see what was going on. Who knows when I am done making money with QBID, there might still be some pickings left with this one. For me though, I don't see myself getting into diamonds right now. But that is my opinion, and I am a newbie, so plesae dont take my word for it, or anyone elses... you are the only one who can be held responsible for your own actions! But to all of you who are invested in this company, I hope it does extremely well.
*********** looks like I am ready... my order should get filled (hopeflly) and I am on board! pickings look good...lets ROLL!!!
posted
Future.. When did you submit your order? Is it filled yet?
quote:Originally posted by futuresobjective: *********** looks like I am ready... my order should get filled (hopeflly) and I am on board! pickings look good...lets ROLL!!!
Posts: 722 | From: Atlanta | Registered: Feb 2004
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posted
anyone here IBC radio today? ckmx pr guy was comparing the company to building a bong... something similar to that... already forgot some of it.. he must have passed to the right =)
Posts: 1153 | From: northeast | Registered: Apr 2004
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posted
It was a bomb, not a bong. Well, we know what someone does with thier extra time :-).
HKF
quote:Originally posted by futuresobjective: anyone here IBC radio today? ckmx pr guy was comparing the company to building a bong... something similar to that... already forgot some of it.. he must have passed to the right =)
[This message has been edited by HongKongFuey (edited May 26, 2004).]
[This message has been edited by HongKongFuey (edited May 26, 2004).]
posted
Even though today's volume is less than yesterday's, today's .0002 volume is more than yesterday (I think).. I hope somebody's sell order fills at .0002 from this board pretty soon.. GLTA
[This message has been edited by cool1sh (edited May 26, 2004).]
Posts: 722 | From: Atlanta | Registered: Feb 2004
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posted
Just curious. Anyone who wants to share how many shares of cmkx they own? I myself am new and only bought 500,000 shares a month ago.
Posts: 5 | Registered: May 2004
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posted
Could someone please answer a few questions for me? I just listened to Melvin on IBC radio today and he said that Mr. Casavant would not release the o/s count until "the time was right" and that he wouldn't do it because he didn't want to give "ammunition" to the short sellers. Couple of questions about this:
#1, How do you short a stock that basically sells at .0001? Who in their right mind would do it? By shorting you are betting the pps will be going down.
#2, How does releasing the o/s count give short sellers ammunition? The shares are either available for shorting or they aren't. The o/s count doesn't matter. If they're all naked shorts the o/s is even more meaningless. Naked shorters use shares that don't exist anyway so how does an o/s count affect this?
posted
Upside, I hope all is well with you. Been real busy here.
Question 1 -They just do it. Assuming that the the company will go belly up. OR shooting for what would look like a realistic chance of a RS followed by the PPS falling right back to where it is now. This gives them the chance to cover at 1/10 of the sell price.
Question 2 - Don't have a clue.
quote:Originally posted by Upside: Could someone please answer a few questions for me? I just listened to Melvin on IBC radio today and he said that Mr. Casavant would not release the o/s count until "the time was right" and that he wouldn't do it because he didn't want to give "ammunition" to the short sellers. Couple of questions about this:
#1, How do you short a stock that basically sells at .0001? Who in their right mind would do it? By shorting you are betting the pps will be going down.
#2, How does releasing the o/s count give short sellers ammunition? The shares are either available for shorting or they aren't. The o/s count doesn't matter. If they're all naked shorts the o/s is even more meaningless. Naked shorters use shares that don't exist anyway so how does an o/s count affect this?
Any help?
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
posted
A response to this comment: "Originally posted by DIESELECLASS: something you might not all know...there are enough diamonds in the world, already being held, and that have already been mined to fill up one large soda cap with diamonds and give everyone in the world one of these caps. I did say everyone. The price of diamonds is so high, because of the fact that there is such a strictly monitored release of them, to keep the price high. Do your own DD though. I am not bashing this company, I know nothing about it... just came in here to see what was going on. Who knows when I am done making money with QBID, there might still be some pickings left with this one. For me though, I don't see myself getting into diamonds right now. But that is my opinion, and I am a newbie, so plesae dont take my word for it, or anyone elses... you are the only one who can be held responsible for your own actions! But to all of you who are invested in this company, I hope it does extremely well."
And this is what I found, especially last paragraph:
The Diamond Cartel The discoveries of 1870–71 in South Africa led to a great number of prospectors staking out claims and securing the diamonds by open-pit or quarry mining. The damage caused by floods and mudslides, unavoidable when there were so many different claims, was an important factor in the series of amalgamations carried on by Cecil Rhodes and Barnett Barnato. Rhodes brought about the merging of their interests in the De Beers Consolidated Mines, Ltd., which established (1889) an effective monopoly over the diamond industry. Loss of diamonds by theft was reduced through the passage of the so-called I.D.B. (Illicit Diamond Buying) Act, which limited the trade to licensed buyers and imposed penalties for the possession of uncut stones without a license. Thefts were further curtailed by the institution of compounds in which the workers live while employed by the company and which they leave only after being thoroughly searched. 6 Most of the major diamond producers belong to, or have cooperated with, the De Beers–led marketing cartel, formed to maintain the price of diamonds at a high level. De Beers, under Harry Oppenheimer’s leadership (1957–84), maintained its dominant position in the industry by using its numerous worldwide companies to buy up new sources of diamonds and to control distribution of industrial diamonds and production of synthetic ones. In the last decades of the 20th cent., however, De Beers’ hold over the unpolished diamond market decreased, and in 2000 the company announced it would end to its policy of controlling diamond prices through hoarding and shift its focus to increasing sales. More reading and source on the above statement: http://www.bartleby.com/65/di/diamond.html
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
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