quote:Originally posted by will: [ The whole thing is left to conjecture, specualtion, and theories, published by foaming at the mouth rabid believers. [/qb]
[/QB][/QUOTE]
Hang on a sec, Will, while I go wipe the foam from my mouth.
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dw, you're not a foamer. You never embarrassed or disgraced yourself with double short theories, .61 buy out offers, and thousand other sci-fi stories. You're just a regular guy trying to get along in this world, and make sense of your hopes and dreams for CMKX. Most of us are doing the same thing, but seem to be thinking of the hows and whys from a lot of different angles. Most folks here are grounded in reality, the faithful want to translate their hopes into a fact based arguement, which is impossible to do. Wishes and hopes do not = facts. A fact can change my mind, a fact can be shoved down my throat, but a wish, a hope, is crap when arguing. Only the foolish eat up that CRAP willing, because they have the capacity to believe it tastes good. I don't think you could convince yourself to sup with fools over a nice steaming bowl of CRAP.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Oh,Wallace1,I can handle heat and I can dish it out. But like I said, and let me say it a litlle louder: "I'M NOT GETTING DRUG INTO YOUR CHILDISH GAMES". Your ranting post above adequately demonstrates your mental state towards those two posters. You call me "noahltl" and then ask dwman to relay a message to noahltl. Are you becoming confused? You have "ragged" on WWJDthrume and noahltl, incessantly when they were here and posting. Have you forgotten? Is the pressure from the imminence of CMKX's reporting beginning to get to you a little?
I'm sure Bob Frey would be willing to do a search of IP and membership information on me, if you think I am your "evil nemesis" noahltl. But if not, please get back to posting your invaluable Wall Street insight into CMKX. Your followers are waiting with bated breath for more of your wisdom.
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I think I'll take a nap, seems like things have slowed down. When I get back I want to see blood, guts, fingernails, and clumps of hair. Don't disappoint me girls. Stoke 'em 5 star. LOL
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Stoke 'em 5 star huh? Is that anyway for a 5 star rated poster to act? As I said last night, I'm now viewing myself more as a role model for guys like you and Wallace to look up to or emulate. Tomorrow morning the both of you should wake up with one thought in mind, "Today I'm going to be more like Upside". Follow that thought and before you know it, you'll have 5 stars too!
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legaleagle wrote: "You call me "noahltl" and then ask dwman to relay a message to noahltl."
Wallace previously wrote: It was legaleagle (aka noahltl) who got me riled…case. He attacked…kind. You might also tell him what is the past tense of "drag" the next time you speak with him. *******************************
Wonder what he did not understand about "legaleagle" that preceded (aka noahltl)in my post? Or was he purposely distorting facts again?
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Mayor 5 star. LOL When I grow up I wanna be like UpMan, Mayor of allstocks. Why don't you change your name to "The Mayor" ? You can hand out peas and hams like Huey Long. Old Mayor 5-star, Mayor of allstocks, "where every man is King but no one wears a crown".
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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"Maybe I should go into politics. I seem to have mastered the art of no-speak in your and Wills opinion." ----------------------------------
You sure did make me laugh out loud on that one. Just might be a good idea! If I could, I'd vote for you as long as you are not a lawyer too. That way, at least we'd know exactly where you stand on major issues. No offense. LOL
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You wouldn't know where he stood if you tied a GPS to his a$$!
quote:Originally posted by Wallace#1: Upity 5 Star,
"Maybe I should go into politics. I seem to have mastered the art of no-speak in your and Wills opinion." ----------------------------------
You sure did make me laugh out loud on that one. Just might be a good idea! If I could, I'd vote for you as long as you are not a lawyer too. That way, at least we'd know exactly where you stand on major issues. No offense. LOL
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Sure does. I watched Cheney in the VP debate, and he never once raised his voice, calm, measured, calculating, unctious, smooth as silk. He didn't even get riled about his lesbian daughter, just smiled and oiled the machine with, blah, blah, blah. You know I met 5 star in person, Wallace. A pretty impressive fellow, that photo in his profile really doesn't do him justice.
quote:Originally posted by Wallace#1: Hey Will,
Doesn't old 5 Star remind you a bit of Cheney?
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Yeah, Will, I thought that photo could have used a little touching up too! Something about the face and other features just out of place.
You cannot say he "speaks with a forked tongue". How about "speaks out of both sides of his mouth"...just like Cheney? Ever watch his mouth curve to his left?
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Hey Wallace, I just noticed something. You don't have any stars. I think old Mayor 5 star has blackballed you with the voters. Don't worry though, if he follows his pattern he'll be giving you 5 stars himself. LOL
quote:Originally posted by Wallace#1: Yeah, Will, I thought that photo could have used a little touching up too! Something about the face and other features just out of place.
You cannot say he "speaks with a forked tongue". How about "speaks out of both sides of his mouth"...just like Cheney?
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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[QUOTE]Originally posted by will: [QB] You wouldn't know where he stood if you tied a GPS to his a$$!
[QUOTE]
LOL LOL LOL.... Classic! BTW, use that GPS and you will find him standing in his back yard looking down into hundreds of holes. You can tell the ones he dug. They are small. Mine are big...real big. It comes from having dug too many outhouse holes.
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quote:Originally posted by CashCowMoo: save the fighting for ramadi fellas! cmkx is real and is happening and the nay sayers shall be silenced
Hey cashcowmoo... I saw a post by you on another board with an avatar I really liked. What medal is that and thanks again and again and again for serving our country. Don
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NEW YORK (Dow Jones)-Major U.S. stock exchanges have now published their first so-called threshold lists as required by the Securities and Exchange Commission.
Under a new SEC regulation known as Reg SHO, stock exchanges have to make public daily lists of securities with large amounts of failure to deliver on settlement date. Reg SHO went into effect on Jan. 3.
The New York Stock Exchange and the American Stock Exchange made their first respective threshold lists available to the public as required by the SEC before midnight Friday. But Nasdaq, which has to keep track of a far larger number of securities, was about 10 hours late reporting its list.
The threshold lists were highly awaited by market participants because once a security gets on one, it will become harder and more expensive to sell short the stock, and that will likely translate into a higher trading price.
So far, lists provided by NYSE and AMEX appear to indicate that failures to deliver stock on settlement date is not a large problem for securities trading on the two exchanges. The NYSE list totals 73 securities, 9 of which represent the common stock of U.S. companies. The AMEX list is also relatively modest with 70 securities listed, 22 of which are the common shares of individual companies.
The list provided by Nasdaq is much larger, however. Nasdaq's threshold list was most anticipated by traders and investors since it covers mostly small-cap stocks - some of which are fairly illiquid and heavily shorted - that are most likely to have high levels of failures to deliver on settlement date.
So far, Nasdaq's list includes 379 stocks: 54 trading on Nasdaq's national market, 42 on its small-cap market, 29 on the Over-the-Counter Bulletin Board, and 254 companies trading on the unregulated Pink Sheets.
Nasdaq's list is far from complete as it stands.
Under Reg SHO, Nasdaq is supposed to report large failures to deliver for all companies trading on the Pink Sheets, which under SEC rules are "reporting companies."
But a spokeswoman for the exchange said Friday that out of the 1,300 reporting Pink Sheets companies, Nasdaq would only be able to report on about 235 for which it had received current information on shares outstanding. (That number likely went up overnight, since 254 Pink Sheet companies were found over the threshold defined by Reg SHO as of Saturday morning).
The Nasdaq spokeswoman wasn't immediately available to say whether the Nasdaq list covers all 3,218 securities trading on the Over-the-Counter Bulletin Board. There are about 3,500 securities trading on Nasdaq's national and small-cap markets.
Non-reporting Pink Sheet companies are not covered by Reg SHO. NASD is currently working on a SHO-like rule that would cover non-reporting Pink Sheet companies.
Nasdaq could face severe difficulties meeting its obligation to report on all reporting Pink Sheet companies, given the complete lack of information and transparency on that trading venue. For example, CMKM Diamonds Inc. (CMKX), a Pink Sheet company with an estimated 800 billion shares outstanding, is a reporting company under SEC rules. The company has refused to tell even its shareholders how many shares are outstanding and has told its transfer agent not to share that information. As it stands, it will be impossible for Nasdaq to calculate whether CMKM meets the threshold as defined by Reg SHO.
In a short sale, a security not owned by the seller is sold in anticipation of a decrease in the stock price. Under existing NASD and NYSE rules, firms generally have to locate securities before accepting a short sale, a process known as affirmative determination. Brokerage firms also have to borrow a security or be able to provide it for delivery on demand on settlement date, three days after the transaction. If a firm cannot deliver the securities by settlement, a failed trade is entered into the Continuous Net Settlement, or CNS, a system administered by the National Securities Clearing Corp., or NSCC.
Reg SHO, among other things, aims to have these failed trades settled, mostly by clearly identifying securities with a high threshold of failed deliveries. Under Reg SHO, threshold securities are defined by two criteria: There are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and these fails constitute 0.5% or more of outstanding shares.
Under Reg SHO, brokers who fail to deliver a security for 13 consecutive settlement days will have to execute mandatory buy-in to clean the fails. If the broker cannot buy-in the security, it and its clients will be restricted from further selling short the security without a "pre-borrow agreement."
(Carol S. Remond is an award-winning columnist and one of four who write the "In The Money" feature. Most recently, she shared a 2003 Best of Business Award from the Society of Business Editors and Writers for her role in Dow Jones' team coverage of the Canary Capital mutual fund trading scandal.)
-By Carol S. Remond; Dow Jones Newswires; 201-938-2074; carol.remond@dowjones.com
(END) Dow Jones Newswires
-------------------- Invest with your brain not with your heart.
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"Nasdaq could face severe difficulties meeting its obligation to report on all reporting Pink Sheet companies, given the complete lack of information and transparency on that trading venue. For example, CMKM Diamonds Inc. (CMKX), a Pink Sheet company with an estimated 800 billion shares outstanding, is a reporting company under SEC rules. The company has refused to tell even its shareholders how many shares are outstanding and has told its transfer agent not to share that information. As it stands, it will be impossible for Nasdaq to calculate whether CMKM meets the threshold as defined by Reg SHO."
Now isn't that curious? Wonder if they can REFUSE to tell the SEC? Seems so far they have. Now the faithful will turn this failure to cooperate and report O/S as a good thing. Like I said, we see a negative become a positive, negative, (nonfliling), becoming a positive, (not listed as a threshold stock), consequently leaving the double naked short theory with legs for them to hang their hopes on.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Old Roger Glenn is there to resolve this problem, according to some old posters. The SEC gives him the remedy to prove or disprove the NSS, and he scoffs at it ??? Does that make sense to any sober, right minded person here?
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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quote:Originally posted by will: Old Roger Glenn is there to resolve this problem, according to some old posters. The SEC gives him the remedy to prove or disprove the NSS, and he scoffs at it ??? Does that make sense to any sober, right minded person here?
How long is it now since Glenn, the Genius, has been working on getting CMKX to be a fully reporting company? Many, many months have passed since he made that wonderful, futuristic statement. A damn 12 year old grade student could have done the math!!! Assets + Liabilities = Stockholder Equity. Very simple!!! Really makes one feel confident knowing he's around to do the right thing by stockholders.
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If I recall not only was he hired to make them a reporting company, but there was some ambiguous reference to resolving some special problems that faced CMKX. Those special problems were speculated to be the NSS. This is just amazing, how they refuse to be forthright about everything including share structure, and yet people praise and herold them as being genius believing there is good reason for it. Yea, there is good reason, imo, to keep the wool over your eyes, and wait for the day to authorize more shares and dump them for $$$$.
quote:Originally posted by Wallace#1:
quote:Originally posted by will: Old Roger Glenn is there to resolve this problem, according to some old posters. The SEC gives him the remedy to prove or disprove the NSS, and he scoffs at it ??? Does that make sense to any sober, right minded person here?
How long is it now since Glenn, the Genius, has been working on getting CMKX to be a fully reporting company? Many, many months have passed since he made that wonderful, futuristic statement A damn 12 year old grade student could have done the math!!! Assets + Liabilities = Stockholder Equity. Very simple!!! Really makes one feel confident knowing he's around to do the right thing by stockholders.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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