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Hey man, Still thinking about buying more while it is low. I AM NOT SELLING till i can bank a $hit load, no one sell to double your money. I am hanging in for awhile.
quote:Originally posted by Ktrain420: chit lean if this thing hits .1 and you own 13mill ur done for life!! i only picked up 4mill at .0001. EVERYONE WHEN THIS POP'S HOLD DON'T SELL TILL ATLEAST .001 LET'S MAKE SOME SERIOUS BANK THE OPPORTUNITY IS THERE!!
quote:Originally posted by Leanlow: Hey man, Still thinking about buying more while it is low. I AM NOT SELLING till i can bank a $hit load, no one sell to double your money. I am hanging in for awhile.
Leanlow, micro penny stocks are like the lottery dude. You have about as much chance hitting it big on one stock as you do winning the lottery. You tell me whats better:
1) buying 13million in stock at avg price of approx .0001247/stock for a total of $1600
selling all that stock at .0002 for a total of $2600.
making a nice profit of $1000 in roughly a short amount of time
or
2) holding your $1600 of stock for 8 months because you find you can't sell it even at the .0001 you bought it at
I watched my buy of TFCT over the summer go from .045 to .17 and did sell because i thought like you that it would let me retire and now look where it is...I am lucky i got out with my initial investment intact. Just trying to let you learn from someone else experience. To quote someone else, they are the pennies, get in get out, take your profit and run.
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..agreed..give away over 42k (i also should have banked) this past summer in the CMKX run with my 'To-DA-Moon!/Everybody Hold!' thinking...yes i have some PRRM as well..continuing with my education ;0) GLTA (as always) jm
[This message has been edited by jmichael7 (edited January 06, 2005).]
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Anyone see what SPEA did? Ok, maybe it wasn't at .0001 but .05 to $7 in one day is a little surprising. Imagine selling when you're up 300% and then looking at it at the end of the day knowing if you held you would have been up 6000%!!
QBID went from .0001 to .028 within months.
I think OMOG did.
Point is, they do get to a penny if there is a demand for it, and we all know that a billion shares traded is showing a little more then a demand for PRRM.
It's your choice to sell at .0003 but I'm not selling until I see .0020!
I'll be laughing when PRRM is going .0003, .0004, in the same day, people are selling and it just keeps going up .0005, .0006. Oh well.
posted
Leanlow, you also have to remember that a lot of people on here will tell you things like, don't sell wait until it gets to X. Where X is 10x 20x higher than what you bought it at. They do because they also own the stock, probably have a lot more shares than you and they want you to hold while they dump so they can get the best prices for your shares. I mean if everyone with a small investment in the stock sold off for a nice profit the price of the stock would drop quickly with all the stock on the market and it wouldn't leave enough time for all the big position people to get out with a nice profit. It's how the game is played. I'd wager more than 80-90% of all the micro penny stocks are used for nothing more than pumping and dumping. This isn't limited to investors either...the owners do it all the time as well. Check AFRD (is that the right symbol for it now??) or check out MLON. You need to know how the game is played before you play it otherwise you are like the skinny kicker in football trying to stop the 245lb freight train from returning your kick for a touchdown. It just doesn't happen very often and it isn't pretty when it does.
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What do you guys think the chances are at being filled at .0001 tomorrow? To buy that is. Is it a crap shoot? I'm in at .0002 and want to add more at .0001.
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I'd give 0001 a try for at least half the day Repo, then move to 0002. You may get lucky! I guess know cnbc or bloomberg???? Anybody?
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I am in at .0002 and i am holding for the long haul. I have done it a few times where you get out to double your money only to watch the stock continue to rise. I have learned some patience now and look forward to this ride. GLTA
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no one is Pumping here............just hold till .oo1 so we can all make good bank ......it's been a long night ............goodnight...........way to much patrone!!
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Thanks Bevster. You and others have help me make up my mind regarding how long I should I hold until I sell. I am too going long on this one. My intuition is telling me to hold long but I have been wrong in the past. I do, however, like the thrill of holding for the gold so to speak, which I have never seen. I have seen a lot of rocks though lol. At any rate, this stuff is exciting. A newbie
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reevaluating my position in this one. Would have thought with all the news this week we would have broken .0002. ....frustrating....confusing...
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This is the most up to date information I received from Management(I spoke with Ian) as of 1/7/05, Friday evening. And it's BETTER THAN EXPECTED! This is the most up to date information I received from Management(I spoke with Ian) as of 1/7/05, Friday evening. And it's BETTER THAN EXPECTED!
1. Yes, Dan has been in Colorado this week. The reason being is that they just locked up an acquisition over there and they can begin building Monday.
2. The resort they are working on in Colorado is bigger than I imagined. When I asked him what scale they were looking at, his reply was roughly: "we think this could be the biggest ski resort in the country."
3. THEY WANT OFF THE PINKS! Ian was very clear and forward with me that management very much wants to get PRRM off of the Pink Sheets. It got even better. He says they are FULLY audited and can basically move onto the OTCBB as soon as possible. He couldn't tell me whether or not they had been buying shares recently ornot. This would be due to their efforts on getting onto the OTCBB - insider buying restrictions. They are currently restricted to buy or sell any shares and said they would like to begin retiring shares as soon as possible. He said to me with an almost agitated tone in his voice that there is just no need for there to be that many shares out there. I agree . They also are working on releasing the updated share structure. Prepare for big news next week he told me. Hmmmmmmm
4. They plan on "sitting down" with the MM's on Tuesday. They are tired and fed up with the BS that is going on with the stock. They are finally taking the right course of action and dealing with them personally. And since he mentioned the OTC, they might be working on making a market for PRRM there as well. The latter part is just my own personal thought.
5. NO R/S! Just like before, he reassures me there will be NO r/s. I didn't have to ask him. He wanted to make it clear on his won that they understand an r/s will do the company no good and that he would rather see the PPS where it is now longer if need be rather than reverse split. I'm sure I'll get some basher jokes on that one. He understands that an r/s will be devestating for the company in the long run.
6. They have $4 million liquid right now. He says getting on the OTCBB will require only about $250,000 so the financing is not a problem whatsoever. Again, after telling me this, he says to prepare for big news next week. Again, hmmmmmmm
And then we discussed other minor details and chatted a little about the recent activity of both the stock and the company. Ian couldn't stress enough how hard they are working. They are working day and night, 7 days a week. This wasn't just some BS spiel that you'll over and over again. He has been contacting investors all day and night in efforts to answer any questions they had before next week rolls around. I could tell from the tone of his voice that he was exhausted and very agitated, lol. This isn't a scammer type Pink Sheet company. They are very forward with ANYTHING you ask them(barring that it's legal for them to answer, lol) and are going out of their way today and officially putting their reputation on the line. Now some of this may be a refresher for some of you and all of it may be completely new for others. What ever the case, I hope this information is useful. I can't tell you how excited I was throughout the entire conversation. We chatted for about 20 minutes and the entire conversation was filled with great news.
Ian concluded our session with yet more reassurance that big news is on the way - prepare for it next week.
1. Yes, Dan has been in Colorado this week. The reason being is that they just locked up an acquisition over there and they can begin building Monday.
2. The resort they are working on in Colorado is bigger than I imagined. When I asked him what scale they were looking at, his reply was roughly: "we think this could be the biggest ski resort in the country."
3. THEY WANT OFF THE PINKS! Ian was very clear and forward with me that management very much wants to get PRRM off of the Pink Sheets. It got even better. He says they are FULLY audited and can basically move onto the OTCBB as soon as possible. He couldn't tell me whether or not they had been buying shares recently ornot. This would be due to their efforts on getting onto the OTCBB - insider buying restrictions. They are currently restricted to buy or sell any shares and said they would like to begin retiring shares as soon as possible. He said to me with an almost agitated tone in his voice that there is just no need for there to be that many shares out there. I agree . They also are working on releasing the updated share structure. Prepare for big news next week he told me. Hmmmmmmm
4. They plan on "sitting down" with the MM's on Tuesday. They are tired and fed up with the BS that is going on with the stock. They are finally taking the right course of action and dealing with them personally. And since he mentioned the OTC, they might be working on making a market for PRRM there as well. The latter part is just my own personal thought.
5. NO R/S! Just like before, he reassures me there will be NO r/s. I didn't have to ask him. He wanted to make it clear on his won that they understand an r/s will do the company no good and that he would rather see the PPS where it is now longer if need be rather than reverse split. I'm sure I'll get some basher jokes on that one. He understands that an r/s will be devestating for the company in the long run.
6. They have $4 million liquid right now. He says getting on the OTCBB will require only about $250,000 so the financing is not a problem whatsoever. Again, after telling me this, he says to prepare for big news next week. Again, hmmmmmmm
And then we discussed other minor details and chatted a little about the recent activity of both the stock and the company. Ian couldn't stress enough how hard they are working. They are working day and night, 7 days a week. This wasn't just some BS spiel that you'll over and over again. He has been contacting investors all day and night in efforts to answer any questions they had before next week rolls around. I could tell from the tone of his voice that he was exhausted and very agitated, lol. This isn't a scammer type Pink Sheet company. They are very forward with ANYTHING you ask them(barring that it's legal for them to answer, lol) and are going out of their way today and officially putting their reputation on the line. Now some of this may be a refresher for some of you and all of it may be completely new for others. What ever the case, I hope this information is useful. I can't tell you how excited I was throughout the entire conversation. We chatted for about 20 minutes and the entire conversation was filled with great news.
Ian concluded our session with yet more reassurance that big news is on the way - prepare for it next week.
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Well, maybe this coming week we can break .0002, i thought it was going to be last week but that did not happen. I wonder what the GOOD NEWS will be?
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No offense intended, but I've noticed everyone has been pumping this stock and constantly saying that this thing is going to boom. I hear this everyday, but still nothing.
Now this is the funny part. Every post I have seen on this stock, people are saying that they paid .0001 or .0002., not once have I heard anyone say that they have paid .0003.
In light of this, if you all are only placing orders for .0002 at most, how on earth do you expect this thing to hit .001 or even .0003 at that.
Seems to me like a bunch of you should put $100 aside and start bidding .0003 or more to get this puppy moving.
Say you have 10,000,000 shares which you had bought for .0001, which turns out to be $1000. Then you along with everyone else who has done so bids .0003 with a $100 investment,your original $1000 would be $3000. Just makes sense to start pushing it aliitle bit yourself, instead of whining about when it is going to give you any return.
This is just my Opinion though, as I don't own any.
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LOL! They'll gobble up your .0003 money, and be happy to buy them back at .0001.
quote:Originally posted by gainster: No offense intended, but I've noticed everyone has been pumping this stock and constantly saying that this thing is going to boom. I hear this everyday, but still nothing.
Now this is the funny part. Every post I have seen on this stock, people are saying that they paid .0001 or .0002., not once have I heard anyone say that they have paid .0003.
In light of this, if you all are only placing orders for .0002 at most, how on earth do you expect this thing to hit .001 or even .0003 at that.
Seems to me like a bunch of you should put $100 aside and start bidding .0003 or more to get this puppy moving.
Say you have 10,000,000 shares which you had bought for .0001, which turns out to be $1000. Then you along with everyone else who has done so bids .0003 with a $100 investment,your original $1000 would be $3000. Just makes sense to start pushing it aliitle bit yourself, instead of whining about when it is going to give you any return.
This is just my Opinion though, as I don't own any.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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This might help everyone here a little more, posted on another website..............
By: ************* 09 Jan 2005, 07:18 AM EST Msg. 509642 of 509648 (This msg. is a reply to 509484 by ed-edd-eddy0.) Jump to msg. #
I don't know who Ian is, (maybe I misread the name in the link), but It is a true statement made by Dan. When I talked with Dan, before he left for Colorado, he told me pretty much the same thing. Dan will be back from Co. early next week, and will bring "real" news, and "Not fluff".
There is more, but I will not discuss it until I verify it with him when he calls me back. Those of u that know me, know I will not post crapppp, or fluff, just to get u to buy a stock. Only facts that I have gotten first hand.
He has my cell and work #, and HE verified that he has a few names that are acting "sensible" that he will talk with. He is getting alot of crying people, (I used my house payment stuff...) and "my voice is hoarse from talking to so many people". He was polite, and professional and said he would continue to try to talk with as many as he could, but I noticed the Secretary is screening calls, and taking messages instead of putting them thru to the voice mail.
DO expect some good news, real news. I told him (in a nut shell) don't tell us "news is comin'", discussed credibility, BS type PR's etc... if it isn't, and he reassured me, "I will not give out news unless it is real, and good". He had said "the stock will sell itself when you see what we have coming".
I DID discuss with him the prob. we are seeing on the bid and ask with mm's, and suggested on my second call with him, Friday, that he give them a call. He was going to consider it, and took it seriously.
In my opinion, a guess at this point, next week will prob. bring us to the .0005, esp. if they have the sit down and talk with mm's, etc... and then it will go to the .001. This is not one of those I am rich overnight stock, and will take time as we are all seeing, but I believe it will be worth the wait.
Do your DD, and GL.
-------------------- "We're just all victims of soicumstance." The 3 Stooges
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I bought 1.5 mil at .0001 back in August. Have not sold once. I will sit on it for a year or more if I need to. I just go play with something else instead while I wait for this one. Not a big deal.
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I bought PRRM back in July of 2004 and I got in at .0003 got the 10% stock dividend and the spinoff of NHGP. I like PRRM and thought it could easily get to .001 and PRRM is way better then CMKX IMO. GLTA
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I am still waiting, i wonder what the big news is for this week? And if it will have an effect on the stock price. If this stock is moved to the OTCBB what do you guys think the price can reach?
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quote:Originally posted by Leanlow: I am still waiting, i wonder what the big news is for this week? And if it will have an effect on the stock price. If this stock is moved to the OTCBB what do you guys think the price can reach?
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