posted
I can tell you to buy why I sell, that's what brokerages do everyday!!! As long as I don't say "Buy because of ABC", then I'm ok. But I can tell the entire world to go out and buy Lucent because I think it's the greatest company in the world and meanwhile, short it.
I'm not part of the securities industry anymore, therefore, it's just an opinion.
posted
I think this is a tremendous idea that I, along with others I am sure, have thought about on a few occasions. I will stay tuned for further plans but I am certainly on board with this plan.
posted
i have been following this one for quite a while...PJTG
they are for real and they should be able to go up quite bit with a little "help"
from the 10QSB/A SEC filing dated 12/14/03 THE PROJECT GROUP, INC. (Exact name of small business issuer as specified in its charter)
Nevada 88-0392153 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.)
333 North Sam Houston Parkway E, Suite 275, Houston, Texas 77060 (Address of principal executive offices)(Zip Code)
(713) 622-1100 (Registrant's telephone number, including area code)
(Former name, former address and former fiscal year, if changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]
As of November 22, 2004, we had 46,677,906 shares of $0.001 par value Common Stock outstanding.
[This message has been edited by glassman (edited January 03, 2005).]
posted
I'm interested, we would need get together collectively. Set up an actual plan and do some trial and error. If it works great, if not we tried and chalk it off to experiance. The trouble would be finding enough people that would follow the plan exactly.
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I agree with CASH....the hard part isnt picking a stock (Only a quick glance at some profiles and stats but I think most of these suggestions will do), the hard part will be organizing all potential parties and forming a plan that will be carried out fully and honestly. I think this issue should be tackled first before a stock can be collectively chosen. Just a suggestion...either way im in.
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posted
the hardest part is gonna be for everybody to get in without running the price up.....i run screeners looking for this activity all the time, and the MM's KNOW....it takes quite a while to accumulate alot of shares without running up the PPS.....
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Listen, I'm telling you. As long as someone doesn't go aroudn saying "Stock ABC is going to the moon because they came out with the cure for cancer", there is not such thing as legal manipulation. I can sit here and pump any stock I want and day trade it also.
If you're a sucker for listening without doing your DD, then it's your fault
quote:Originally posted by pappy: QUESTION? WHAT ABOUT LEGALITIES/LIABILATIES OF MANIPULATION OR ? SORRY ABOUT SPELLING
[This message has been edited by pappy (edited January 03, 2005).]
i'm no lawyer , but most laws are built on common sense...don't lie...and be prepared to answer questions honestly to the law...if they ask..ASSUME they will...
all of the "groups" you hear about are doing it....
posted
The newest of new guys...I've been watching and learning about pennies for a couple months now, and have to say, this is the best board around .One of my first buys was RDXM, it made me some good gain a couple of weeks ago buying at .0023 and selling at .004 and .0045. Did that a couple times.
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Repoman75, i'll look into the legalities of it and post tomorrow. We need to find a list of people that are truely interested and willing to do this once the plans are laid out. First we need to find out the legalities, which i don't think is a problem but it could be, then get the people together crunch the numbers and see how we are going to make this work, then find the stock and date we will execute.
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I think this whole thing is an awesome idea, we'll invest up to 50K if the bet is good, let me know and I am for sure in. My e-mail is o-v-m-4@-h-o-t-m-a-i-l-.-c-o-m without the dashes though. Thanks!!
posted
There are many groups that do a "morning push" everyone all in at once etc... this ends up being a pump and dump (sometimes not) if something runs up a 100% or more in a day, obviously it will come down even if it is from news.
There is a small groupt that accumulated CNES in November and I bet some held till today although i'm sure some sold.
This same group annonced AACS today, but after the news run up. They announced at .026/27 and i know group members who bought as low as .025.
The problem is you can't control people. If everyone bought on the ask with that alert, the price would've artificially gone up and come down quick.
I have seen this happen with these picks. But usually they are accumulated Tech plays. I don't want to advertise these people but if your interested just click my name over in hotstocks.
Some DD is provided, but its always up to you to figure out your play and what you are comfortable with.
i've wondered for some time why with all our members, skilled chart makers and quick DD we didn't have an "investment club". ~BB
quote:Originally posted by Repoman75: Listen, I'm telling you. As long as someone doesn't go aroudn saying "Stock ABC is going to the moon because they came out with the cure for cancer", there is not such thing as legal manipulation. I can sit here and pump any stock I want and day trade it also.
If you're a sucker for listening without doing your DD, then it's your fault