posted
Not so fast there, UpMan, this is CMKX, they have the power to negotiate directly with regulatory agencies, and make deals worth hundreds of billions of dollars. Maybe the faithful have the decimal point in the wrong place on that .54, so .054 be tens of billions of dollars, or .0054, worth only billions of dollars, or .00054 worth only hundreds of millions, or .000054.........you got the idea.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
I just hope some of the faithful can see how silly their theories, arguements, and fantasies really are when you put real numbers to this nonsense they spew.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
I dont know Highway. You know, I vowed never to post like this again on this thread but this is a company that is one step away from being revoked and many, many people are going to get hurt real bad when it happens. Yet amidst all of this devastating news people are trying to reasure themselves and yes, rope others into buying it, by coming up with these outlandish theories about how this is the best thing that's happened. It's not! This company is on it's death bed and the feeding tube is going to be pinched off real soon.
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posted
I hold 600k shrs ,,but I lost thousands $$$$$ coming down to a hold position at 600k. plus I hold 318156 shrs of CMKM...This mess has hurt us financially. I am getting the money back slowly...I have to pat myself on the back becouse this mess sure did make a shrewed trader out of me.. I finnally have real confidence in how I trade..I can't help being a glass half full kind of guy.
My wife and I have learned to face life's disappiontments and hardships [ and their have been many ] with humor and prayer. Im not saying it makes things easy ,,, it just makes things better in the long haul.
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quote:Originally posted by Dustoff101: .75=1 box of 750 toothpicks. each toothpick is worth .001 I will take 1 toothpick all day long compared to 1 shr of CMKX.
That really brings it all down to reality, doesn't it? One toothpick is worth a hell of a lot more that 1 share of CMKX!! And the faithful think CMKX is the greatest stock on earth while they throw away every toothpick they use.
posted
There is nothing humorous about this. The management of this company looked out for themselves, and don't care about the shareholder. They mismanaged shareholder's money, and betrayed their trust. IMO They paid some double talking pumpers in free shares who hooked a bunch of rabid believers. These guys worked every angle they could to build a rabid base of believers. These believers attracted and influenced others, and are in so deep they sold their conscious, and refuse to recognize reality.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
There's a guy who posts here named Lanebro or Leardon, I can't remember which but he summed it up best. He said that Urban was a genius because he managed to tap into blue collar America and get them to invest in CMKX. Now I'm not knocking anyone or their occupation but that is a very true statement. People who had never invested or had limited experience saw "Got CMKX" plastered all over everything at the races, did a bit of research on internet boards, found stories of untold riches that could be bought for as little as 100 dollars and they bought into it. Some bought into it in a very big way that goes well beyond any form of responsible investing. Now what? They see their "make me rich" stock on the brink of disappearing. That's the story of Urban. A man who took the liberal laws of Nevada and abused them to an unimaginable level and then became very wealthy off of people he knew damn well would buy into his scheme and could least afford it. That's a person who deserves hero worship? Not from me, sorry.
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posted
How much twisting of the facts does it require to believe that in the past two days that regular shareholders bought 100 billion shares of a company coming off of suspension and facing a SEC inquiry. Over the thirteen trading hours that would mean people had to buy at the rate of 2,136,752 shares per second. Yesterday, I watched the Level II as the buying phenomenom occured. Between 2:30 and 4:00 pm e.t., 56 billion shares traded. That means shares were being consumed at the rate of 5,185,185 shares per second. That would require, not the insanity of a few, but mass hysteria.
But halfway through that run several brokerages including Ameritrade, cut off buying for their members. Yet L2 continued to spin like a slot machine until closing.
There was no secrecy in any of this. The brokerages publicly announced to callers that they had been asked to stop the retail buying by the Market Makers. Why would the MM's want to stop retail buying? Because they only had a little time left to buy the remaining shares for themselves to cover their NS positions.
If my suspicions are true, that all of the real shares issued out of the treasury have been consumed, then more brokerages should begin denying their retail buyers access to this stock as the day progresses. Or CMKX will announce a voluntary halt pending news.
quote:Originally posted by will: I just hope some of the faithful can see how silly their theories, arguements, and fantasies really are when you put real numbers to this nonsense they spew.
Will, I've tole you and tole you... the faithful in Texas carry that much around in our coin purse...ooops what will upside make of my purse?lol
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Joined: 30 Sep 2004 Posts: 936 Location: San Antonio, TX
Well, I made my first call to our IR person, Andy Hill just now. I didn't expect to get through, and didn't the first three times I tried,but the fourth try the phone rang and he actually answered.
We only talked for about 5 minutes or so, but I was very impressed with his friendliness and patience. I started out by telling him I was a shareholder and I was "skeered" and wanted him to make me feel better. He chuckled and asked my how many shares and how much did I pay, so I told him. And then I asked him about why Ameritrade wasn't taking my buy orders anymore and he asked me if I had talked to them. Fortunately, I had just got off the phone with them, and I told him what they said to me, which was that it wasn't their decision to not accept buy orders. It was the MM's decision and if they weren't making a market for the stock, they couldn't do anything about it.
Andy started laughing out loud when I told him that and then he said that he had spoken to Urban for 30 minutes on Friday and that Urban had made up a little jingle when they were joking around....it goes:
"If you're in, you win. If you're in doubt, get out."
I thought it was funny and then Andy got serious and said that when all is over, we would probably never know the whole story of what was going on behind the scenes, that it was big. And that everything was being done for the good of the shareholders and that if I could just have a little more faith, it would be rewarded, even though he knew it was very frustrating. I asked him "Can we beat them?" and he said "YES!!!"
So, even though I didn't get any real information, I DID come away feeling MUCH better, and I got the feeling that we are in a HUGE battle with some big boys and that WE CAN WIN and WE WILL WIN.
Lastly, Andy cautioned me not to believe ANYTHING posted on any internet boards, that I should only believe things that come straight from the company.
posted
The problem is that NOTHING is coming straight from the company. I would love to believe in CMKX, but due to the severe lack of PRs or news from CMKX, it's darn near impossible. Somebody ought to talk to Andy or Urban and tell them to get off the pot and tell us what is going on. Bet that would stop half the posting on these boards.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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quote:Lastly, Andy cautioned me not to believe ANYTHING posted on any internet boards, that I should only believe things that come straight from the company.
posted
However, we are to believe her post. LOL Guess she meant don't believe things that are not positive, and don't comfort you when your "skeered". Sounds like she heard Andy say, "only believe the things you want to hear", and by the way, dear, that's what they pay me for, to tell you those comforting things, now run along and don't be skeered no more, Urban and Iron Bob are gonna beat up the big bad wolf.
quote:Originally posted by Upside:
quote:Lastly, Andy cautioned me not to believe ANYTHING posted on any internet boards, that I should only believe things that come straight from the company.
Ok Andy.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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quote:Originally posted by will: However, we are to believe her post. LOL Guess she meant don't believe things that are not positive, and don't comfort you when your "skeered". Sounds like she heard Andy say, "only believe the things you want to hear", and by the way, dear, that's what they pay me for, to tell you those comforting things, now run along and don't be skeered no more, Urban and Iron Bob are gonna beat up the big bad wolf.
quote:Originally posted by Upside:
quote:Lastly, Andy cautioned me not to believe ANYTHING posted on any internet boards, that I should only believe things that come straight from the company.
Ok Andy.
Will he welcomes calls from any shareholder.......Oh yeah that's right.
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posted
These people that say that there is a buyout for .10 a share. That’s 70 billion dollars. I am glad that I missed the notice where you had to get a lobotomy to buy this stock.
-------------------- Invest with your brain not with your heart.
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posted
That was my point yesterday, Ric. These people are talking about a .61, .54, .48, .10, buy out. They also added another 97B to the Issued and Outstanding, (according to noah). They're talking about a piss ant, .0001, previously suspended, under investigation, possible revocation, company, paying shareholders hundreds of billions of dollars, or at least tens of billions of dollars. Doesn't sound right to me, maybe to them it makes sense. At this point, these guys are negotiating for their skins not dollars.
quote:Originally posted by Ric: These people that say that there is a buyout for .10 a share. That’s 70 billion dollars. I am glad that I missed the notice where you had to get a lobotomy to buy this stock.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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posted
will, it's your choice to ridicule people who set pps for the settlment amount. They don't know, and neither do I. That's why I don't speculate on a price per share. But the rest of that you got right. And IMO Urban also added some or all of his certed shares to sweeten the pot. You see it's not the "piss ant" company that is going to pay billions it is now the "pissed on" MMs and hedge funds who are going to pay it to legitimize their naked shorts.
The suspension of CMKX was necessary to cease trading while an accurate count of NS shares could be made, and to place CMKX on the "greys" where the MM's could work their "magic" out of sight of the investor public.
And work it they are, another 21 billion shares today (but the numbers differ considerably from tracker to tracker) with a VWAP of .1189 per share.
Shareholders attempting to trade today reported the closing of more brokerages to buyers. Now, Ameritrade, Freetrade, E-Trade, and Scottrade, that I have heard of. All, only allowing sales on request from their Market Makers. If you are covering naked shares, it's pretty sweet to eliminate the buying public, killing a free market, while you replace your fraudulent shares at less that .0001 all under the cover of the darkness of the "greys". But it looks like the shares are running out and the party is about over. All in my opinion.
quote:Originally posted by Ric: I am sorry, I thought you were talking about how they have turned that story into cmkx now on the other boards. They claim they can't buy shares now, roflmao.
YOU KNOW WHAT I THINK, is since volume was down today they want people to test and see if they can buy tomorrow. Now what a scam.
quote:Originally posted by dwman: I'm not sure I understand what you are saying Ric. Nevertheless, goodnight Ric. Goodnight Will. Goodnight Legal. Goodnight Wallace. Goodnight Up. Goodnight Johnboy. Goodnight all.
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