.001 is going to be a tough one to break through I dont know that It'll happen this week without any new PR. Yesterday we seem to stick pretty tight at .0008. I'm guessing we shift around .0007-.0009 tickle .001 but never stick
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I don't have a link to tell you all of the penny stocks this law firm has handled. They don't have a link for that and I am not sure why they would want to....I did run a search and discovered that they handled a company called Brek Energy's filings in 2002 and discovered their venture capital website as well. I called the company and was able to confirm that they handle 100's of penny and micro penny stocks......
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Say What? Doji-Not even a little swing trade? --------------------------------------------- Doji wrote: i am selling nothing!!!!!! this is just to damn interesting! --------------------------------------------- I agree 100%. I have been having all my friends and family open accounts and wire funds to buy this. I have never down that with a stock before. I guess if I believe something I believe something. When it comes to this stock I believe:
1. CMKX is heavily shorted. 2. The company knows it and is going to fix the MM's little red wagons. 3. The Audit will be completed shortly SHORTLY SHORTLY short 4. The transfer agent will be changed and those short shares will need to be bought back at whatever price they can get them at. for the MM's for us. My price just went up to at least $1.00 5. The company has indicated it wants to become completely reporting and is taking steps to do so. The new law firm was hired to help this process. 6. The caliber of this law firm is very high and the new lawyer has a background with the SEC and has arranged some incredible feats for companies he represented. 7. We have kimberlite pipes which have been drilled and while the results are not yet public knowledge the mining companies in area have given us cash to become our percentage partners and have not publicly commented about results-good or bad. Also this law firm is expensive and if the retainer has been paid where did the cash come from and if not how do they think their new client will pay? Are we depending on the kindnesses of strangers or do we have money from digging around our claims? 8. The sheer volume of shares bought during the flatlined share price indicates something was up. The fact that the price is barely moving with all the buying pressure tells me the MM's have a vested interest in keeping the price down. Sell for chicken feed at your own financial risk. If you want to cover the cost of your investment I wouldn't fault anyone for that. My choice is to do that when the price is much higher. At .0009 I would be giving away way too many shares. I bought more at .0009 and if I had more available cash would still be a buyer. I am not a pumper, but I am pumped up at the prospects and possibilities this stock has. IMO-DD-GLTA-Debi
Bear in mind my previous post.. Please not labels here.
We get a PR on the weekend abt an atty that is hired, that causes a 100% pop.
With this Melvin seems to be gone (on vacation).
Everyone is telling anyone that will lisiten, don't sell. Hold strong. What kind of trading strategy is that? That is not trading to me it is a CASINO mentality. All or nothing.
Sounds like a perfect setup.
I have done the DD. I have been in this since last year.
But, the bottome line is this.
Do you think UC is going to try to do what is right? I hope so.
I think I am going to pull some back in so I am not concerned over my position.
If history is going to repeat. Be prepared, when I sold IBZT it went up 8X. I hope this one does the same.
PAUL
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited June 09, 2004).]
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im out at this price....movement with no sold news is great short term but not long term. I'm out now and will rebuy later. go cmkx
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Does not look like many sells @ .0006 going through.
I see a couple of 100 signals in last few minutes.
I thi9nk this is just a shake.
I had a sell in at .0008 for a while. When I dropped it to .0007 to hit the bid.
The bid fell out from under my order.
BTW, I canceled my sell order.
I would like to sell some to lock in some profit but, I am not going to give it away.
Some PR, would be a good thing.
Uncle Melvin, Where are you?
PAUL
quote:Originally posted by $$$qbid$$$: Does anyone know if we're looking for retrace soon,looks like down time but I might be wrong we might open at .001 who knows.
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
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Paul, Everyone should make the decisions they are comfortable with. I do notice Melvin is gone and it makes sense that with a quality law firm they would rein him in. He definitely said many things that were not put in PR's and could be a source of some problems for company. I don't feel comfortable selling to recover my investment under .005. I am not thinking of this like a casino with an all or nothing mentality but I am thinking of this as what seems to be the truth regarding the short shares? -I think they are short, based on the company stating they believe there is a naked short situation and they should know-they know the share count and from the dividends they issued know what is out and counterfeit. When I say they will need to cover soon I am talking about when the count is revealed. I am thinking the next two weeks or so. -What is the value of the mineral rights to the kimberlite fields? -I think it is Billions or dollars because I think they have diamonds. Everything that we know points to a big value and explosion in price per share. I think selling at these prices is either not understanding the situation or not believing it. Or maybe just not comfortable leaving profits exposed. I understand it and I think correctly and believe it and would be more comfortable to be buying than selling at these prices. No available cash or I would be buying. -Debi GLTA-IMO-DD
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I hear what you are saying, remember I am still kind of new at this. I am pulling profit from the market now. Not much but some.
Remembering the things taught to me by some of the great traders of yester-year. Old Mullet, and his constant contention for the free share position. Would the psycological problems be less if I were holding a completely free share position? Having sold "some" at whatever level. 1/3 at 3X cost. 1/6 at 6X cost?
I do not know, I do not like the silence. Even the boards seem slow, the trading is slow, the radio coverage is falling off. Melvin is on "vacation" and from what I understand he should be. I hope he is spending time with his wife.
Am I long? Yes Am I going to try to trade some? Yes The last 1 Mil I bought was to trade. Then I started thinking about .01 range. And passed the chance to sell at 10X investment. Does that seem like "sound investment practice"?
If I do not think it has a great chance to make it I should sell. If I think it will I should hold. I am in the middle, I think a free share position is for me.
I hope to acomplish this soon.
PAUL
quote:Originally posted by WWJD-thru-me: Paul, Everyone should make the decisions they are comfortable with. I do notice Melvin is gone and it makes sense that with a quality law firm they would rein him in. He definitely said many things that were not put in PR's and could be a source of some problems for company. I don't feel comfortable selling to recover my investment under .005. I am not thinking of this like a casino with an all or nothing mentality but I am thinking of this as what seems to be the truth regarding the short shares? -I think they are short, based on the company stating they believe there is a naked short situation and they should know-they know the share count and from the dividends they issued know what is out and counterfeit. When I say they will need to cover soon I am talking about when the count is revealed. I am thinking the next two weeks or so. -What is the value of the mineral rights to the kimberlite fields? -I think it is Billions or dollars because I think they have diamonds. Everything that we know points to a big value and explosion in price per share. I think selling at these prices is either not understanding the situation or not believing it. Or maybe just not comfortable leaving profits exposed. I understand it and I think correctly and believe it and would be more comfortable to be buying than selling at these prices. No available cash or I would be buying. -Debi GLTA-IMO-DD
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
Without new news to keep things moving it will start to fall off , I kinda suspected it but hoped for new newsthis weekend to keep the Momentum.
we still haven't heard any substantual information, Like do they actually have diamonds, are they moving markets, whats the core samples look like. whats the laywers for ? dividends ?
Shes a big bird and it'll take some meat to get her off the ground
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What if the new lawyers are for Urban when he gets sued by all the investors that he took? I hope not...but it would be funny that the stock runs assuming it's for the mm's but it's really to protect himself from us. Holding 7.5M
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Since the audit is going on and we should be changing transfeer agents by the end of June-why on Earth would you sell here and not be buying?
This isn't meant as a put down of anyone selling. Just questions to get everyone thinking about this key element of what is going to occur soon. Certainly selling some to have peice of mind and free shares is awesome -if I knew the price was going to retreat I would have tried to swing trade. But I think it could have just as easily doubled today or more. This is way interesting to me. The MM's need to cover Billions of shares and they are still playing the same gaime. IMO-DD-Debi
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DEBI Yeh probably lots of shorts Yeh NOT illegal(maybe immoral) Value will (as always) be the factor I had 1.5m free shares , but have now added 2.5m more at .0073avg based on PR & what it might mean. Now waiting. VAN
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VNGT wrote: DEBI Yeh probably lots of shorts Yeh NOT illegal(maybe immoral) Value will (as always) be the factor I had 1.5m free shares , but have now added 2.5m more at .0073avg based on PR & what it might mean. Now waiting. VAN --------------------------------------------- Short selling isn't illegal. Naked short selling is. The shares are supposed to be verified as available and accounted for and replaced-but rarely are. I have 17+M shares and am not sure of my average price. In one account it is .0004 and in the maybe about the same or slightly less. About 10M and .0002 and under. GLTY-Debi
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DEBI Read "Priority short sale" that governs MM"s I think there was a post recently. www.allstocks.com/stockemessageboard/ubb/Forum&/HTML/006099-36.html I am not a "pro" but have friends in "high" places which basically verify data. NEW THOUGHTS(I always enjoy new thoughts by posters from the heart) Stock is pulling back slightly(expected} Stock will silde slightly into weekend NO PR this week((WHY)Melvin gone (maybe planned to gain a week) allow law firm to gather resources) Next week will flush all weak positions out PR next Friday VAN
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quote:Originally posted by highwaychild: Actions are speakin' as loud or louder than words.Hope Melvin is on vacation, he probably needs some R&R.
I have a feeling, like other folks do, that this vacation was conveniently timed to coincide with the new law firm and audit firm coming onboard. I think they wanted Melvin quiet during this first critical week while they step back and assess everything. I think this is a case of crossing every 't' and dotting every 'i' before making any moves. It's just a hunch, but it sounds logical to me.
quote:Originally posted by pharmdman: I have a feeling, like other folks do, that this vacation was conveniently timed to coincide with the new law firm and audit firm coming onboard. I think they wanted Melvin quiet during this first critical week while they step back and assess everything. I think this is a case of crossing every 't' and dotting every 'i' before making any moves. It's just a hunch, but it sounds logical to me.
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want to say thanks for all posting the L2's throughout the day.I'm a hard working surveyor that don't get home till late. Really addin' to the enjoyment.
[This message has been edited by highwaychild (edited June 09, 2004).]
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