posted
Have fun the weekend, I hope everyone will get there gameface on for Monday. Oh yea, Upside, come on man, admit it, you want to drink CMKX KoolAid too. Crossover!
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
quote:Have fun the weekend, I hope everyone will get there gameface on for Monday. Oh yea, Upside, come on man, admit it, you want to drink CMKX KoolAid too. Crossover!
LOL! C'mon Upside, drink the KoolAid! It won't hurt you, really! Where have I heard that before?
posted
hi Upside great movie I loved it. Bart was a cool guy. I liked reading his posts. I have a question for Upside email me at butlerjp19@hotmail.com
Posts: 795 | From: Brown Deer, WI 53223 | Registered: Feb 2004
| IP: Logged |
posted
Try Scottrade. I'm using a free level 2 streamer. CMKX cuts out sometimes though. why ? ?
quote:Originally posted by knee-hi-boot-gurl: Already called out for Monday. The time has come to sign up for live streaming quotes and level 2! Anyone know of a free or cheap site for level 2 and live streaming quotes?
[This message has been edited by tic_toc (edited June 13, 2004).]
quote:Originally posted by joeyisthebest: hi Upside great movie I loved it. Bart was a cool guy. I liked reading his posts. I have a question for Upside email me at butlerjp19 AT hotmail DOT com
joey, you're going to want to edit your post to change or remove your email address... if you leave it there, it'll be picked up by a webcrawler and you'll have more junk email than you know what to do with... on the bright side, you'll have the biggest, hardest pickle, a new mortgage, a lower rate on your student loan, and drugs to lower your pain and anxiety!
Posts: 1885 | From: Tampa, FL, US | Registered: Mar 2004
| IP: Logged |
posted
I found those posts at investerhub.com also found something very interesting there in a post for a differant diamond mining co. i hold 1.1+ million shares of cmkx so this is not bashing ok...? but this one poster ssaid to do a goole group search for Petro Plus Inc. I did. the stuff was from 1996 in the very same area of canada and Urban C was the main man only they were drilling for gold it did mention that diamonds was also going to be looked for but they supposedly found quite a bit of gold. I'm new to Allstocks and so I'm not sure if this is old news to this thread if it is I'll send out my I'm sorrys now. By the way...I'm not selling my cmkx i'm holding till we see $1 or better. Petro Plus was in the $.50 area at the time of the pr found at google
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
This is probably the worst time (the day before the storm!) for a newbie to begin posting anything, but the anticipation for tomorrow is reaching its boiling point. As long as I'm going to sit here reading your posts and day dreaming of the possibilities all day long, I may as well type something myself.
I'm really curious about the history of Petro Plus and the sequence of eventes that took place. With all of the veteran posters here, perhaps some may remember or have some insight? I tried doing some searches and couldn't come up with much of anything myself. I think the previous experience that UC had with Petro may put an even more positive spin on the current situation.
Also, this was probably addressed at an earlier time, but I read in an SEC filing from 4/14/03 that UC agreed to place all his common shares totaling 600,000,000 in escrow for a period of 3 years. Correct me if I am misinterpreting this fact, but that seems to speak well for his confidence in the longer term prospects of this company...
SELL: 100,000 @ .10 100,000 @ .20 100,000 @ .30 100,000 @ .40 100,000 @ .50 Keep 750,000 for ??? If not after all hope is crushed sell at .0001, and lose $200.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
CMKX O\S = 8.7 BILLION NEW TRANSFER CO TELLS CALLER
SOMEBODY TELEPHONED THE NEW TRANSFER COMPANY AND ASKED WHAT THE SIZE OF THE OUTSTANDING SHARES WAS THEY WERE TO RECEIVE - THE SECRETARY LOOKED AT A PIECE OF PAPER AND TOLD THE CALLER:
From: Ron Sellers Date: Sat Jun 12, 2004 10:29 am Subject: Re: [A DayTraders' Dream] Dr Diamond comments on 3-Way Merger Rumor
hi all;
on wed, the T/S let it slip out, >>>>>>>>>>>>>>>>>>>>>>>>> the O/S is 8.7 billion, when i called thursday >>>>>>>>>>>> i was told by pacific, waiting on the books,
when i called 1st global, they said they were still the T/A..i believe they were told to keep their mouth shut and say what they did, but pacific told a caller the O/S was 8.7 billion, now recalulate the #'s..
>"One step further if CMKX is valued at 100 Billion dollars and we have 5 billion outstanding share then; 100 billion divided by 5 billion = $20.00 per share"<
IF DR DIAMONMDS METHODOLOGY IS CORRECT, AND RON SELLERS AND SECRETARY @ NEW TRANSFER COMPANY ARE CORRECT,
THAT MEANS THAT CMKX IS WORTH TEN DOLLARS PER SHARE IF THERE ARE AS MANY AS 10 BILLION GENUINE LEGITIMATE SHARES ACTUALLY OUTSTANDING!
ERGO, IF THERE ARE ONLY 8.7 BILLION REAL SHARESSHARES IN THE WHOLE WIDE WORLD, THEN THAT MEANS THAT CMKX IS WORTH - BY ITSELF - $8.70
BUT IF IT IS MERGED WITH OTHER COMPANIES, WHO KNOWS??
JAWSZ_2020 HAS CANCELLED ALL OF HIS GTC SELL LIMIT ORDERS
TILL NEWS CLARIFIES THE VALUE OF CMKX
I HAD STANDING GTC ORDERS TO SELL SEVERAL MILION AT .05, .24, .48 AND .78
BUT I HAVE CHANGED THOSE TO $2.40, $4.80, AND $7.80 & $15
I KEEP FORGETTING THAT THIS IS GONNA BE THE SQUEEZE OF THE CENTURY !!!!
PUTTING IN GTC SELL ORDERS FOR ANYTHING UNDER ONE DOLLAR IS GOING TO BE
S T U P I D
IN HINDSIGHT IMHO.
WHY SETTLE FOR PENNIES WHEN ITS WORTH DOLLARS?
HUH??
JUST THOUGHT
YUO MIGHT BE INTERESTED IN KNOWING THAT YOUR SHARES ARE WORTH US $8.70 MINIMUM, IF THE O'S IS INDEED 8.7 BILLION SHARES
THIS COULD BE USEFUL INFORNMATION EVEN THOUGH IT WAS TYPED IN ALL UPPER CASE, HUH?
I AM A CMKX OPTIMIST I HAVE ALREADY QUIT MY JOB !!! "HISTORY IS ALL THE CREDIBILITY I NEED." __________________________________________ May God Bless All.
posted
Just incase anyone is interested, the NHRA finals are on at 2:00 CST. Arend is qualified number 15 th.
Posts: 343 | From: Eau Claire, WI, United States | Registered: Aug 2003
| IP: Logged |
posted
fjean you brought up a question of what would happen if cmkx hit oil during their drilling. I have another qustion about oil, hope it doesn't upset people, but: If corn oil is made from corn and vegetavle oil is made from vegetables and fish oil comes from fish then what is baby oil made from?
Posts: 580 | Registered: Oct 2003
| IP: Logged |
quote:Originally posted by STAR GAZER: fjean you brought up a question of what would happen if cmkx hit oil during their drilling. I have another qustion about oil, hope it doesn't upset people, but: If corn oil is made from corn and vegetavle oil is made from vegetables and fish oil comes from fish then what is baby oil made from?
LMAO... if you want a real live story about such a thing, do some research into Gerber trying to sell baby food in India!
Posts: 1885 | From: Tampa, FL, US | Registered: Mar 2004
| IP: Logged |
posted
I found a good post at another site where the person said that he found a good post at another site on how MM's work. Basically it says that the MM's short stock when it rises because they feel that they can then scare people into selling the stock and thus make money. If people don't sell the stock, then the MM's have to buy it back and this actually makes the stock rise. Since we have over half a BILLION shares of CMKX, and most are not planning on selling for a while, it could mean that the MM's will decide that they had better cover their short shares and thus drive the stock up. Here is the post, you might want to read it and get a better idea of what is going on. « AMEP Message list | Reply to msg. | Post new msg. « Older | Newer » By: 1greeneyedhawk 12 Jun 2004, 04:06 PM EDT Msg. 8483 of 8484 Jump to msg. # MM tatics... Good read from another board: More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest niche charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB / PS. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $22 or at $0.0002. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get. They are merely making the market liquid is their reasoning.
The market makers have created an added complication to the OTCBB's /PS chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB / PS. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB / PS market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling, the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders aren't supposed to be doing that to them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar/cent mark or percent from where the stock started. Could be a fraction of a penny in smaller priced securities. What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB / PS. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would take probably more than a lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB / PS vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
This requires extensive research to find such a rare stock, but once you have found it, you are one up on the MMs so be prepared for every tactic in the book.
posted
Someone had written earlier about those Canadian partner companies that traded on Friday, and how their pps was skyrocketing until all transactions were reversed for some reason. I was looking at the chart yesterday, which I can't find now, but it just looked like it had peaked and then was droppping too steadily and smoothly for a regular chart on a day where the stock was going crazy...I'm specualting that perhaps the downward turn of the chart was recording all the cancellations as part of the official trading day. Can anyone verify by the times of the transactions that this was possibly the case? I'd like to think that for tomorrow's CMKX chart we need only refernce the part of those other Friday charts up to their apex, and assume they would have kept going straight up had the cancellations not been recorded as part of the charts. JUST MY SPECULATION, I didn't see the action, but I'd appreciate it if anyone in Canada who watched the action in real time could verify that the chart did, or did not, unfold in this way. Many thanks.
Posts: 519 | From: Oakland, CA, USA | Registered: Mar 2004
| IP: Logged |
CMKX O\S = 8.7 BILLION NEW TRANSFER CO TELLS CALLER
SOMEBODY TELEPHONED THE NEW TRANSFER COMPANY AND ASKED WHAT THE SIZE OF THE OUTSTANDING SHARES WAS THEY WERE TO RECEIVE - THE SECRETARY LOOKED AT A PIECE OF PAPER AND TOLD THE CALLER:
"8.7 BILLION SHARES - GEE THAT SOUNDS LIKE A LOT."
Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic.
quote:Originally posted by STAR GAZER: I found a good post at another site where the person said that he found a good post at another site on how MM's work. Basically it says that the MM's short stock when it rises because they feel that they can then scare people into selling the stock and thus make money. If people don't sell the stock, then the MM's have to buy it back and this actually makes the stock rise. Since we have over half a BILLION shares of CMKX, and most are not planning on selling for a while, it could mean that the MM's will decide that they had better cover their short shares and thus drive the stock up. Here is the post, you might want to read it and get a better idea of what is going on. « AMEP Message list | Reply to msg. | Post new msg. « Older | Newer » By: 1greeneyedhawk 12 Jun 2004, 04:06 PM EDT Msg. 8483 of 8484 Jump to msg. # MM tatics... Good read from another board: More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest niche charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB / PS. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $22 or at $0.0002. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get. They are merely making the market liquid is their reasoning.
The market makers have created an added complication to the OTCBB's /PS chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB / PS. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB / PS market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling, the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders aren't supposed to be doing that to them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar/cent mark or percent from where the stock started. Could be a fraction of a penny in smaller priced securities. What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB / PS. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would take probably more than a lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB / PS vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
This requires extensive research to find such a rare stock, but once you have found it, you are one up on the MMs so be prepared for every tactic in the book.
Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic.
CMKX O\S = 8.7 BILLION NEW TRANSFER CO TELLS CALLER
SOMEBODY TELEPHONED THE NEW TRANSFER COMPANY AND ASKED WHAT THE SIZE OF THE OUTSTANDING SHARES WAS THEY WERE TO RECEIVE - THE SECRETARY LOOKED AT A PIECE OF PAPER AND TOLD THE CALLER:
"8.7 BILLION SHARES - GEE THAT SOUNDS LIKE A LOT."
Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic.