posted
It has traded so much the computer calculating can't handle it, it happens all the time. This stock has more volume sometime than the NYSE, NASQ, and AMER Exchange all put together.
quote:Originally posted by Smctbone: Why am I seeing a negative volume??
posted
Casavant and the board of directors stated that, "We are very happy and excited to be associated with a law firm of this caliber and are looking forward their assistance and direction to become fully reporting in as short a time as possible."
Fully reporting?? The rumours might be true of OTCBB/Nasdaq?
Debi-how do you see it? Thanks
quote:Originally posted by WWJD-thru-me: Doji-I have another order in at .0003. It isn't filling. GLTA -I will post some of my scenario prices soon. -Debi
posted
ALL Iread thru most of the "theorys" over on CMKX MB yesterday. Actually some very good ones, but the best did not include hiring a law firm. If UC has an aggresive strategy on O/S this was a master stroke. After yesterday's concern by MM's and now this news .WOW BAILY- I think yes VAN
[This message has been edited by VNGNTN1 (edited June 04, 2004).]
posted
It depends on what software or site your using. Negative volume could mean an ajustment to volume in a fast moving stock. Say a MM said he sold 15 million but only sold 12 the itwould show -3 million adjustment.
From my software package help screen:
A negative volume indicates that a quote came in with a later time stamp and a lower total volume than the previous quote. This most likely indicates a correction to total volume from the data provider and can be seen often at market open as the volume is reset.
quote:Originally posted by Smctbone: Why am I seeing a negative volume??
GLTA
[This message has been edited by Rics1997 (edited June 04, 2004).]
posted
I just got my fill at .0003. I now have over 12 Million shares and that will have to do. 2 M are to sell early to make back the cost of my other shares and 10 are longer term for the whole enchilada. The way I see the press release is a part of the whole picture that is being revealed on portion at a time. The company went to the pinks so they could stop reporting. This is rumored to be so they could buy back shares and set up this coupe quietly. The company issued a dividend and did a name change to get an idea of how many naked shares were circulating. The company issued news about mineral rights, kimberlite finds, partnerships with other minig companies and th eprice didn't budge. The company bought back 37 billion shares per their own PR's and then quietly kept it up. The MM's persisted in shorting and UC put them on notice of samples being sent out. No price budge. Company announces intention to move to reporting. Now change of transfer agent and audit. They started to cover but no price movement yet. Reminds me of whistling in the dark when scared when I saw that .0001 staying big as life. Now todays news. I am sure many more are coming. Sort of like the Titanic seeing the icebergs but that was only 10% of the story. So I see this all starting to add up. Even the race car. What pink stock needs a race car with it's name on it? I will answer that one for you. None. IMO-DD-GLTA-Debi
IP: Logged |
posted
what a hype on this thread, personally, I am haveing difficulty reading this thread fast enough, and soon I probably be missing 0.0005, 0.0006.....0.10 entry points. Go CMKX Go for a nice ride! By the way I was a believer from the first time I found out about the CMKX - something about Canadian diamonds.
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
posted
Picked up another 10m earlier today at .0003. Trying for another 425,000 to round to even millions (which I'd thought of that earlier, but also with I'd bought at .0002 yesterday). Currenly own 22,575,000 @ .00018
posted
I wrote this in an email to a friend. I am going to post it here with the understanding that it is kind of like thinking out loud. I wanted to have something written down so I could quickly work some numbers by dividing by 2 or doubling. Until we get the number of shares from the company and the reports about the diamonds there are too many unknowns to really work out a sell price. So I used a few numbers I thought are in the realm of probability. This shouldn't be used as hard facts or to make your decisions but could be used to help you think of ways to come up with your sell price by adding or subtracting as more factors become known. IMO-DD-GLTA-Debi ---------------------------------------------I was figuring out exit strategies on paper. Worst case scenario I think on number of shares is 500 Billion. It is probably lower. What I think is a possible valuation of kimberlite pipes in area is 80 Billion figuring it is at least worth the high end of DeBeers claim. That comes out to a value of .16 a share. That doesn't take into account cost of mining the kimberlites or partnership percentages or all 3 million acres of mineral rights or short shares. So .16 might be a possible target.
There are so many variables on this. The first one is value of the first diamondiferous kimberlite field. It could be 8 Billion, 80 Billion or 80 Billion.
Another One is Outstanding share count. It could be 5 Billion, 50 Billion or 500 Billion
So here are some numbers if: Diamond's Value (Billions) $8 B $80 B $800 B PPS PPS PPS PPS if # 5B $1.60 5B $16.00 5B $160.00 shares 50B .16 50B $ 1.60 50B $ 16.00 Out 500B $ .016 500B $ .16 500B $ 1.60
It is easy to halve these number to get a rough figure based on current news and data. The cost of mining has to be subtracted. The cost would be 10.50 per ton and I am guessing that would be less than 10%. The partnership percentages need to be clarified but a max of 25% is my guess.
Now comes the adding part. We have many, many kimberlite fields and I am guessing the value of the mineral rights is smack in the middle of $80 and $800 Billion Dollars.
My biggest fear is I will give this away and find out what it is worth later. I plan to keep 5 Million shares long even if that means I need to buy 20 Million to play with. I want to take out the loss factor. I want to cover my backside so to speak against loss. But I also want to give myself maximum advantage for gain. There are so many factors to consider and we need to be aware of all the tricks of the market and the brokers. So I do plan on taking some profits along the way. I don't want to take any until the run starts officially. That would be when it is like a clock like QBID did or LBTT early. We may get a buyout offer or something else that spares us the trauma of having to play this hard. But here are some games I have seen. Trading Halt by SEC (BOCX), or the Street.com files a complaint with the SEC to stop a run or at least throw water on it. They did it to CYPT and USGA and a host of others. I have seen them do this to a few companies that were not found to have done any wrong and shareholders (like me) were hurt. By taking profits along the way and holding tight through vicious dips you may end up in a tub of butter so to speak. That would be British for living large. God Bless-Debi Nice news on LBTT today-I bought more at .0135.
posted
Too bad the columns in my prior post didn't line up correctly. They were nice and neat when I hit reply. GLTA-I hope you all make a mint!!! and then have the wisdom to use it wisely and to thank God for it. -Debi
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
