posted
i have a whimpy 275,000 but proud of them trying to buy 100,000 more at .001 think i will be able to get in or should i wait but i dont think it is gonna get much lower people are saying it could go to .20 real soon
IP: Logged |
posted
i added another 5 million to my 300K after seeing all you guys with 100 million shares. i hate you guys with every confederate bone in my body!
IP: Logged |
posted
I added to my position and with my friends shares added in is 27,000,000 and we are long will sell about 10% around .01 unless news is so good it values it way over this amount. For anyone just riding the wave of momentum. That is great, you will no doubt make some good money-but do keep a little left over in case a fraction of what is rumored is true. I think you would all kick your own butts if you sold at .01 and the share count is 10B and the value is $40. You know I was thinking the $5.00 a share post was a little much. But when you are talking acres of diamonds and valuations for smaller fields at $40-80 Billion dollars it is starting to be in the realm of possibility. It is a fine roller coaster that can make you want to get off at .0015 because you are getting dizzy and then they take it up to the sky. IMO-DD-GLTA-Debi
IP: Logged |
posted
I own 0 shares.....I got pissed" when it moved to .0003 then .0004 then to .0007/9 I had planned to try to buy 25,000,000 @ .0001 ..... Now I am looking for some kinda dipp to take place ..I will NOT" buy @ .001 or .0011
IP: Logged |
posted
Let's do a little very rough assumption math here. There are now in round figures 75 people here holding 1 billion shares. Assuming this is representative of the general penny population, that means for every 75 shareholders there are 1 billion shares out there. How many shareholders do you suppose there are? 750? 7,500? 75,000? You do the math. It's astronomical especially when you consider that seemingly everyone knows about this stock and owns some of it.
IP: Logged |
posted
This kind of gives credence to the naked short scenario. If the company does have a smaller number of shares outstanding it should get real interesting. I think the price has been artificially restrained but it is almost like trying to block the incoming tide. -Kind of difficult. GLTA-IMO-DD-Debi
IP: Logged |
posted
Debi, I'd have to agree with you there. Do you think there could be 75,000 shareholders? By my rough estimates above that means that there is a trillion shares. I think thats right anyway, isn't 1000 billions a trillion? Don't have a calculator that goes that high nor does my head work with such large numbers.
IP: Logged |
posted
Hi Upside, 1000 billion is a trillion. My calculator stops at 10 billion. When I have to do calculations with the billions I leave the zeroes out and use whole numbers like 40 for 40 billion. It works well and I add the zeroes back in later. I used this to figure out value using different numbers of shares and differing values of kimberlite claims. The lowest value I came up with was .016 using assets of $8 Billion dollars and 500 Billion Shares. That was my worst case scenario. I think the share count will be much lower and the value much higher. I think it is going to be very interesting when the share count comes out. Even if we have a high share count which we could, I think the value of what we own is going to be a lot higher than most think. And I think the short number of shares is going to be mind boggling. If UC has bought back most of the shares as some believe and perhaps as many as 25% of the shareholders are longs who believe there are diamonds and plenty of them in our claims-the MM's will have a hard time covering especially if forced to by a transfer to a different exchange. I was intrigued by the kimberlite and bought for the potential there. I kept buying believing this was short and would have the squeeze of the century. The price hasn't budged compared to the demand for shares. I am happy. I wired money to my broker Friday afternoon. The bank didn't send it out until this afternoon. I could have sent an online transfer on Thursday for slow this transaction has been. If the price stays where it is or drifts down a little before the next PR-great. I don't want to buy high if I don't have to. We are very fortunate to have shares at the giveaway prices. If the MM's had not shorted this I may have only had 10,000 shares or less. IMO-DD-GLTY and all -Debi
IP: Logged |
posted
Upside-I am not sure how many shareholders there could be. I have at least 10 people in my circle of friends and family who bought shares in this because I think it is great. And I know one of them told a few friends and four are in or buying because of her say so. 75,000 is in th erealm of probability. Plus most of the early investors are penny players who tend to hold large numbers of shares. Also we know institutional holders are making purchases and they hold large numbers of shares. Because the price is kind of stable I don't think there are that many trying to swing the price. I haven't started to yet. I haven't sold one share yet and most probably won't consider it this side of a penny. I could get bored if they sit on it too long and sell a little at .005 but I think the number of share I would have to give up with selling early is more than I want to part with. Also I think UC is controlling exactly how much info he is releasing building up expectations, awareness and the share price. If they do have a killer PR as Melvin has said numerous times I can see the price literally exploding exponentially. If that PR coincides with a change of transfer agents and short share count. We will all need very strong hearts. I think the runs NEOM and AGIS had will pale in comparison. And unlike them I think the share price if based on the value of the claims will not retreat to the same extent. If it is based on naked short shares needing to cover it will eventually find it's true value after those shares are retired. IMO-DD-GLTA-Debi
IP: Logged |
posted
EXACTLY! right on! Oh my gosh, when will it end? most rediculous post I have ever read in 8 months of penny trading. I would not ever be this harsh, but I know you have an agenda. peace n chicken grease!
quote:Originally posted by Upside:eDebi, I'd have to agree with you there. Do you think there could be 75,000 shareholders? By my rough estimates above that means that there is a trillion shares. I think thats right anyway, isn't 1000 billions a trillion? Don't have a calculator that goes that high nor does my head work with such large numbers.
posted
I watched for a week CMKX trade between .0001 and .0002..volume began to spike and talk from QBID peeps got my attention..bot 11.8 million at .0003 ave.
I agree that we should separate out from sunday to sunday... Anyone not posted before last night shows as a zero for last week. I will post once and then just keep track of the additions/deletions through the week.
quote:EXACTLY! right on! Oh my gosh, when will it end? most rediculous post I have ever read in 8 months of penny trading. I would not ever be this harsh, but I know you have an agenda. peace n chicken grease!
Knee-hi, Please elaborate. I have no agenda other than what I have stated time and again in the CMKX forums and you can't really call that an agenda. In effect, I was lending support to Debis theory that this has to be naked shorted. There is no way that this or any other stock can have an o/s of a trillion shares! If in fact my admittedly amateurish assumptions have lead you to a different conclusion, please let us all know what it is!
posted
Hi Knee Hi Boots Gurl-I was wondering the same thing as Upside-it doesn't seem like you were disagreeing with what we were saying but I couldn't quite get a handle on what you thought was ridiculous. Niether one of us thinks the Outstanding share count is a trillion. I think it is probably well under 50B and maybe under 10B. So the number of shares held by so many leads me to confirm the Naked short share theory. IMO-DD- --------------------------------------------- I bought more this morning and one of my friends I forgot about has 2M so we are at 31 Million shares now give or take 1/2 M with more friends coming on board -opening and funding accounts as we speak. This is going to be one wild trip. IMO-Debi
IP: Logged |
posted
First time I've added to the total I bought a $24 dollar lotterty ticket back in March I have 240,000 shares @ .0001 Super Star Orange Bobdog
IP: Logged |