posted
Okay, lets review. CMKX found diamonds, QBID is launching ad campaign in two weeks.... It just begs the questions, What's in your wallet? (not you Pharm, we ALL know what's in your wallet LOL) Just kidding Pharm. Come guys, what will you do?, Where will you go? This could be that once in a lifetime stock!
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quote:Originally posted by Anna: Okay, lets review. CMKX found diamonds, QBID is launching ad campaign in two weeks.... It just begs the questions, What's in your wallet? (not you Pharm, we ALL know what's in your wallet LOL) Just kidding Pharm. Come guys, what will you do?, Where will you go? This could be that once in a lifetime stock!
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I just had a house built and I close on it at the end of this month. It would be so nice to walk into closing and hand them a check for the whole amount of my house. Man, my nerves are going to kill me this weekend. LOL
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quote:Originally posted by brian2361: I just had a house built and I close on it at the end of this month. It would be so nice to walk into closing and hand them a check for the whole amount of my house. Man, my nerves are going to kill me this weekend. LOL
Brian, Good for you! Don't let your nerves get you just yet. We have a long way to go. The good news is that we might just get there! Of course, with my nerves, I'll be a drooling zombie by then..LOL
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Brian, man, there's nothing to be nervous about, you won, You finally won. The only question is how it plays out, and how one plays it. There is going to be a lot of naysayers, a lot of shake downs, a lot negativity, save your nerves for those times when we all will be tested.
quote:Originally posted by brian2361: I just had a house built and I close on it at the end of this month. It would be so nice to walk into closing and hand them a check for the whole amount of my house. Man, my nerves are going to kill me this weekend. LOL
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Gee Wiz people. Can we just get a hold of ourselves? Did you really expect that the samples would not contain some diamonds? The PR was very scetchy at best.
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quote:Originally posted by Power106: Gee Wiz people. Can we just get a hold of ourselves? Did you really expect that the samples would not contain some diamonds? The PR was very scetchy at best.
quote:Originally posted by Power106: Gee Wiz people. Can we just get a hold of ourselves? Did you really expect that the samples would not contain some diamonds? The PR was very scetchy at best.
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that's right. We are just having some fun. We have a right to don't you think? I certainly think so. We may be in dreamland, but it sure feels pretty nice right now.
Everything is falling into place nicely. They hire a big-time lawyer and they have diamonds. What more could we ask for right now?
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OK, carry one guys and gals. The law firm handles a number of micro-penny stocks and also venture capital. It will intersting to see what role they play in this thing....
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Well they confirmed the samples to be diamondferous. Later in the PR they say the core samples, (note plural), from the ""Carolyn Pipe" has come back positive for diamond content. Power is correct, there isn't any mention of size or quantity. But I don't see where that is sketchy. The PR's intent was not to be detailed, that will come later, its purpose is to say, "WE GOTS DIAMONDS". I'm sorry Power, but I find that very encouraging, and something to be excited about. My only regret is that not everyone who watches and posts about CMKX is here in the evenings to demonstrate their exuberance and excitement too.
quote:Originally posted by brian2361: that's right. We are just having some fun. We have a right to don't you think? I certainly think so. We may be in dreamland, but it sure feels pretty nice right now.
Everything is falling into place nicely. They hire a big-time lawyer and they have diamonds. What more could we ask for right now?
quote:Originally posted by Power106: Gee Wiz people. Can we just get a hold of ourselves? Did you really expect that the samples would not contain some diamonds? The PR was very scetchy at best.
posted
Check this out. I thought it was an interesting point of view. This is from Pennywrangler off the CMKX website.
I am very happy with today's PR. I believe it is an introduction to a series of PRs concerning the nature, value, and status of the Carolyn pipe.
Keep in mind that there is a big difference between rumors and officially released facts. I feel that most who are active on this board are willing to invest in this company on rumors and suggestive circumstantial evidence.
MOST investors and potential investors are not active on this board, and are NOT willing to invest any serious money without hard facts. Every PR that adds a layer of fact to what is officially known about CMKX's situation increases the pool of investors willing to put money into CMKX. It also encourages existing investors to invest more money. More money and more investors means a higher PPS. I think Urban is very smart to release these PRs in steps. Each step gently ramps our pps.
We don't want big spikes in our pps. Big spikes make unhappy investors. Consider this: Our pps shoots up to 0.50 on crazy good news in one mega bombshell PR released out of the blue. Lets say that you think "WOW, I have to get into this thing!", and you by shares at 0.40. We hit 0.50, then the price collapses back to 0.001. You stare in disbelief as the value of your investment goes down to almost nothing. I can tell you that when this happens, it takes months or years for the pps to come back up. Probably months in our case because we have the goods, but it's still a bad thing.
I don't think Urban wants unhappy investors. He wants to ramp the pps in a gentle, sustainable way. This directly benefits Urban and CMKX too, because it will make moving to a major index a lot easier. Remember that to get on the AMEX you must have a pps greater than or equal to $3 for 30 days. If your pps is too volatile, this is hard to achieve.
The way you ramp the pps in a sustainable way is with PRs that gently escalate the good news. The PR we just got is GREAT! I have seen people as recently as today say that for all we know, Carolyn is a dud! And that was a true statement earlier today. All we had was rumor. But now it is FACT! But we don't know any details. That's fine. The fact that there are diamonds in the pipe needs to sink into people's brains, where it will loosen up some funds.
Next they may release a short PR saying that macro diamonds were found. This is an escalation. It adds another layer of good news that loosens up some more money and ramps the pps a little.
Then we get the macro diamond count and quality. We believe this report will be very good. If it *is* good, that will add a thick layer; it will be a significant escalation. This will pop our pps a bit, but from a base higher than we are at today. It will be mostly sustainable. Then maybe we will get news about what we are doing with Carolyn. Maybe we are selling it for a considerable sum to somebody. Maybe we're going to mine it. Personally I believe it will be sold. This will help the PPS more than saying we will mine it because selling it results in cash NOW, not much later.
Ok, now we have a base price that is probably in the single pennies. Maybe in the teens. The next batch of PRs probably tell us the o/s, maybe talk about going to AMEX or NASDAQ, maybe talk about a merger. Again these should be release as escalating sequences of PRs to add thin layers of new investors to further thicken the foundation of the pps.
A solid foundation of investors that have bought in at a price BELOW the current price provides both support and liquidity. These people will sell different amounts at different times, which helps maintain an orderly market. These are also happy investors who say nice things about CMKX, which further attracts new investors.
I hope this helps you see this from a macro point of view. It's not easy to see the big picture looking at what is going on from the micro POV that we naturally have as individual investors. Understand that there are thousands of people invested and thousands more that are potential investors. It is important that more money be brought into CMKX stocks gently to fuel our trip to the moon.
Tell me: what happens if the fuel in your rocket burns too fast? Well, if it burns MUCH MUCH too fast (too much money surging into the stock causing a big honkin' pps spike), that's an explosion that pretty much ends your trip.
You want a nice even burn to get the maximum distance out of your fuel. Our fuel is the good news about what's happening with CMKX. It needs to be injected regularly and properly into the combustion chamber to produce the thrust we need to get where we're going.
I could not be more pleased with how Urban is handling these PRs. Most companies don't have a clue how to release news for maximum effect. So far, Urban has shown an uncanny talent for doing this right!
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Power, I remember you now. You said that Edwards & Angell represent a LOT of penny stocks, but failed to list any save one name. You came to know this through a phone call to the law firm. Now you are throwing a wet blanket over people's excitement. I don't view you as a basher or naysayer, but should anyone tell another how to feel? We should welcome your devil's advocate's position, we may need it some day to sober us, but not today, and not without substantiated facts.
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Nice post Brian. I do think that is what Urban is doing. Just releasing news a little bit at a time and mostly on weekends to get the max benefit......I fully expected something like this PR tonight. I am in marketing and this is what I would have done as well....
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I do not have a list Will. If I did I would be glad to give it to the forum. I did quite a bit of research on the law firm and did call them. I was told that they handle a lot of micro penny stocks. There had been more thn one comment on the other thread that this was unheard of for a prestigious law firm to handle stocks of this nature but these guys do that quite a bit. That was the purpose of my call......
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I am a doubting Thomas, excuse me if I require more than text on a message board to convince me. I only know the $ amount in my portfolio to be 100% accurate.
quote:Originally posted by Power106: I do not have a list Will. If I did I would be glad to give it to the forum. I did quite a bit of research on the law firm and did call them. I was told that they handle a lot of micro penny stocks. There had been more thn one comment on the other thread that this was unheard of for a prestigious law firm to handle stocks of this nature but these guys do that quite a bit. That was the purpose of my call......
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betting babe, if you wired the money today/tomorrow, it should be in your account monday morning before the bell. If it is not, be sure to call them, with the info from your transfer so they can verify it. I spoke with lowtrades and they told me that within 2-3 hours of my bank processing a wire transfer they can verify it and deposit the money into my account and I can trade right then and there. Hope that helps ease your wire transfer jitters although the PPS jitters are another story
Source: Personal experience with lowtrades, your broken may have different rules/procedures.
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
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This has been FUN EVERYONE! But I have to go to work tommorow and clean toilets. With any LUCK-GOOD-BYE-TOILETS Don't ask me how I'm going to get to sleep because I'm so UP right now that I'll probably just lay there. I BET THOSE DIAMONDS ARE SO BIG THAT THEY CAN'T PICK THEM UP WITH A CRANE! (Hey if it wasn't for DREAMS I wouldn't play!
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quote:Originally posted by Anna: Okay, lets review. CMKX found diamonds, QBID is launching ad campaign in two weeks.... It just begs the questions, What's in your wallet? (not you Pharm, we ALL know what's in your wallet LOL) Just kidding Pharm. Come guys, what will you do?, Where will you go? This could be that once in a lifetime stock!
posted
buy at .0008 on monday....no way..... fri it closed at .0004 and opened at .0008 after the law firm news....I would say this news is a little bigger!!!!!!!!!!!!!!!
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quote:buy at .0008 on monday....no way..... fri it closed at .0004 and opened at .0008 after the law firm news....I would say this news is a little bigger!!!!!!!!!!!!!!!
I agree that this p/r is probably going to send the stock price up a little on Monday but I don't know how siginificant the news really is. 80% of the pipes in Saskatchewan are diamondiferous. If their's wasn't they'd be in a definite minority. The real story is the size and quantity.
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