quote:

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Originally posted by bloodynri:
hey i got filled for 1,200,000 @0.0001

did anyone else get filled at 0.0001 ??

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Now have to decide weather to sell @.0002 or hold for more...

quote:

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Originally posted by bloodynri:
its such a wonderful feeling when you know that the only direction you can go is UP !
(unless something terribly weird happens.

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Yeah, like a reverse split...

Probablly a fat finger going for .0001

EDIT: Whoa..looks like it just happened again..

quote:

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Originally posted by bleech1:
if you had an order in to sell @ .001 is there any chance a mistake order to buy at the price would get you filled? Or would the mistake purchace be made from outstanding shares?

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More than likely a MM would fill the order from their own shares -- JMHO.

But brokerages like Scottrade have a "times 2" buy/sell limit. In other words, if I want to sell at .0010, the price must be at least .0005. It basically protects the trader. If I accidentally entered in a buy order at .0010, Scottrade would say "Entered price too far away from current" -- because the ask is only .0002. Obviously whoever fat-fingered the .0010 trades must be using a brokerage without those protections.

quote:

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Originally posted by Phoenixx:
More than likely a MM would fill the order from their own shares -- JMHO.

But brokerages like Scottrade have a "times 2" buy/sell limit. In other words, if I want to sell at .0010, the price must be at least .0005. It basically protects the trader. If I accidentally entered in a buy order at .0010, Scottrade would say "Entered price too far away from current" -- because the ask is only .0002. Obviously whoever fat-fingered the .0010 trades must be using a brokerage without those protections.

[This message has been edited by Phoenixx (edited September 09, 2004).]

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Thanks for the info Phoenix.

Tried since about 12:30 to get my 5M shares out @.0002...no dice. We'll see what happens tomorrow.

After I'm out it's back for more @.0001 if I can get in.

Why is it so easy to buy at .0001 now, as opposed to weeks ago when it was hitting .0003 & .0004 and I tried to get it at .0002 and no dice?

Where are all these shares/trades at .0001 coming from? People dumping? MMs dumping? Company selling to raise cash for the hurricane loans?

The volume here is huge

a 504 dependiture was filed to raise $1m

MM WIEN is the main MM selling these dependiture shares

MM WIEN Has spent time on both the bid and the ask, proving MM WIEN is both buying and selling the shares

The Nevada secretary of states office says A/S is 5 billion shares ( R.A. says 20 billion "Don't quite get this)

The TA assures me and others that the O/S has not exceeded the A/S

The true O/S is less than 5 billion shares

10+ billion shares have traded since 6/9/04

2.2 million in loans have been closed recently and the term income from these 2 year loans is $318k+, plus points paid up front

An acquisition company has been hired to seek a N.E.Hard Money Broker

There are $6+ million in Hard money loans still on the table at this time, pending closing

The Hurricane Francis Loan Program has generated Loan applications that are currently being reviewed

A 10% forward split has been issued as of 9/1

There are discutions with a Vermont Broker for possible
acqisition by PRRM

It is a fact that PRRM and it CEO Richard Astrom are moving forward in an effort to bring value into the company, as shown above.

Another fact is that the PPS was brought down to .0001 just days prior to the 10% F/S and many have sold there 10% shares @.0001

Here one more fact " I have 48 million shares of PRRM and plan on holding all of them, and watching the progress of the company"

Anyone still buying @.0001?

Anyone still buying @.0001?

I bought a million shares this morning at .0001
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This company looks pretty sound. Of course anybody who gives loans usually make money.

Funny how companies who are doing good things have a low pps and companies that ain't doin sh_t has a high pps. weird.