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Author Topic: DRKD...if you have L2, watch it..never saw something that weird
Malloy
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Most buys go over ask. Just like the stock has two different trading life.

Huge volume. Never saw something that weird in my life.

Malloy


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greenhorn
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You trying to buy? Is there news out? Greenhorn
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greenhorn
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Rumor has it they are on the Berlin exchange and are being shorted.
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tahoechris
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Easy way to check that, yup, there on there. http://finance.yahoo.com/q?s=DRKD.BE
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Jeremy
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Would you people get over the stupid Berlin exchange theories on all of these stocks. They are listed there yes, but they always have 0 (ZERO) volume. No trades are going through the exchange.

If you actually take more than 2 seconds to try and see what is happening, you will see that all of the .005 and .006 orders are bids being placed on iNET. They are not being routed through your normal market makers. Also, these are all buys. If someone wanted to cover their shorts, they could buy in at the lower market price, not pay even more

Go ahead, load up your island viewer or the iNET book and you will see over 10 million shares lined up to be purchased at .007 and .006. There is also, as of just recently a few iNET sell orders of 500,000 at .008. They have been all buys up until just now.

It is VERY rare to see OTCBB stocks getting volume through iNET, and I have only seen it once before since iNET allowed the routing of OTCBB back in November of 2003.

So don't instantly start crying about the short theory, take a minute to see what is actually going on. It is still very strange, and until there is some news out, or something, it is hard to say exactly what it is.


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Malloy
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Very good DD. Thanks.

...and nobody shorts by buying higher than ask price :-)

Having a good run today. 15X Avg volume already.

Do you remember what was that stocks back in 2003? And why they did that?

Malloy

quote:
Originally posted by Jeremy:
Would you people get over the stupid Berlin exchange theories on all of these stocks. They are listed there yes, but they always have 0 (ZERO) volume. No trades are going through the exchange.

If you actually take more than 2 seconds to try and see what is happening, you will see that all of the .005 and .006 orders are bids being placed on iNET. They are not being routed through your normal market makers. Also, these are all buys. If someone wanted to cover their shorts, they could buy in at the lower market price, not pay even more

Go ahead, load up your island viewer or the iNET book and you will see over 10 million shares lined up to be purchased at .007 and .006. There is also, as of just recently a few iNET sell orders of 500,000 at .008. They have been all buys up until just now.

It is VERY rare to see OTCBB stocks getting volume through iNET, and I have only seen it once before since iNET allowed the routing of OTCBB back in November of 2003.

So don't instantly start crying about the short theory, take a minute to see what is actually going on. It is still very strange, and until there is some news out, or something, it is hard to say exactly what it is.



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Jeremy
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The other stock was FGWC, I believe sometime in december. It only flashed for a few trades and lasted a very short time. It was nothing like this, and I didn't see any real consequences when it happened to FGWC. So I really don't know what is going on with this one
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Malloy
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Well..we know that it's going up crazy on this abnormal volume day.

BUys on INET are still going. Now bid at .009 (on INET).

This is going out of subpenny soon at this rate.

Malloy


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Jeremy
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FLCR and NITE just joined the bid at .0086 and NITE wants to sell at .009, we will blow by .009 and probably even touch 1 penny today.
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Malloy
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Hope you're in for the ride...just hit .01

Outof subpenny from .0038 this morning.

This is fun!

Malloy


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Malloy
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Better keep it under radar for tomorrow.

Malloy


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Jeremy
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I've been in since the mid-4's as of yesterday. Now, sold half and am in a free share position to let it ride tomorrow
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Malloy
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News out
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Malloy
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Dark Dynamite Slams on the Gas ... All Lights Green; Close of Tuesday Trading Stuns!

Wednesday, July 28, 2004 11:17 ET

SALT LAKE CITY, Jul 28, 2004 (BUSINESS WIRE) -- Dark Dynamite (OTCBB: DRKD), an eccentric lifestyles company, announces its aggressive development and market dates with the fashion heavyweight Black Chandelier and the new children's label Pink Chandelier. In unrelated events, DRKD traded a staggering 424 million shares Tuesday. In response to overwhelming inquiries regarding the massive spike in trading volume, the company is enthusiastic about the interest in the stock, but has no information regarding this activity.

On the fashion front, Black Chandelier has hired its entire design room staff and has completed preliminary negotiations with Authentic Concepts, a 12,000-square-foot facility employing 60 sewers, cutters and finishers, located in Provo, Utah. Authentic Concepts has manufactured clothing for large firms such as Levis, Nike (NKE), Ocean Pacific and North Face, as well as having in-house computerized embroidery capabilities, a shipping department and cutting room.

Pink Chandelier, a d.b.a. of Black Chandelier, has completed the design work for its Fall 2004 Immediates. The market for these goods begins on Sept. 5 at the Los Angeles Market and the ship date is Oct. 31, 2004. Revenue from this collection is expected as early as Nov. 15, 2004. Pattern maker Janet Anderson, a professor of pattern making and fashion illustration at a local design program, has had in-depth experience with children's wear and has developed many private label groups for department stores such as Meier and Frank. Anderson has been retained and has commenced the pattern and sample making for the Pink Chandelier group. Sales samples are slated for completion and final fit on July 31, 2004.

Black Chandelier has completed the design research for its Fall 2004 Immediates and is currently in the stages of completing all screen print artwork. The collection is slated for sales beginning as early as Sept. 1 at New York Market. The massive illustration and graphic work for this collection is nearing completion, thanks to new graphics advisor Matthew Stevens (www.mafu.com). Christopher Larson, a graduate of The Fashion Institute of Design and Merchandising in Los Angeles, has been retained as an assistant to the designer Jared Gold, and has begun research work for the Spring 2005 Black Chandelier Collection.

Please visit www.darkdynamite.com for daily news updates, trading volume, stock quotes, staff resumes, projects in action, new research and development, and employment opportunities.

Dark Dynamite Inc. strongly encourages the public to read the above information in conjunction with its Form 10KSB for Dec. 31, 2003, and Form 10QSB filed May 19, 2004. The above documents can be viewed at www.sec.gov.

A number of statements contained in this press release are forward-looking statements which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, notwithstanding the fact that such act may not be available to Dark Dynamite Inc. These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure sufficient financing to develop and produce products. The actual results that Dark Dynamite Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

SOURCE: Dark Dynamite Inc.


CONTACT: Dark Dynamite Inc., Salt Lake City
Jared Gold, 801-575-8073
Fax: 801-575-8092




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trippy
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and down down down we go ... im in a big pickle.
Posts: 138 | From: Erie, PA | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
trippy
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nite finally backed off the ask and is now sitting at .0062

up we go till then.


Posts: 138 | From: Erie, PA | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
   

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