posted
There is a rumor going around that we will get a PR tonite stating that there is nothing to PR about. Who's on first?
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
a sale at .0002??? ya right, it was somebody selling their shares at .00002. nobody in their right mind would be buying at .0002 now.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Mine too. Now, WITHOUT going back and reading it again, there is one player on the team that is never mentioned. Which position is it?
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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Posts: 798 Why a "Settlement" is the answer. « Thread started on: Today at 7:04pm »
-------------------------------------------------------------------------------- A "settlement" justifies all of the *tight-lipped..."no comment"...silent period...hush, hush...pleading the 5th [fifth]...no filing...missing pages from 8k...
...I think you get the message. The point is, the settlement would come with a non-disclousure agreement so that other companies can't benefit from what we know, and what we've done.
Urban has been conspicuously quiet because he has to give off an impression that he is just as likely to fail, as he is to succeed. So, if the agreement is set, and the settlement is made, and the records are sealed. CMKX would remain a complete enigma as to whether they ever really had [the goods] or not. Then, any company trying to use CMKX as a precedent for their own case, may well be chasing...Nothing!
I don't think they are really that worried about CMKX, as much as they are about all of the suits that would follow if the details of our situation got out. That's why I think they [CMKX] have failed to show ANYTHING to the public...because ultimately their best hand will be a Royal-Flush that they will never use. It will quietly be put in to an envelope and sealed, and the cost for that will be a BIG FAT CHECK.
I believe the *silence and the doubt* are the KEY to parties who must pay. Urban know's he's being called a "fool and a thief" by his own shareholder's, but if he satisfy's your curiosity and demands to know the inner-workings of the company...he blow's his hand. And now, why should the MM's pay us, because once we're done [telling our story] every other company out there will use our case to prove their's.
So often you hear on our board "Where are the diamonds!" Well, remember, this is a "stockplay"; it's not a typical long investment...oh sure, it's taking a long time (not really, relatively speaking) but the method of making money here is not based on traditional, standard investment principles. It's more like a game of chess with some very clever players; and right now we've got a serious game of Chicken with some very high-stakes on the table.
Could this be...not what it's supposed to be! In other words, a scam! I guess, anything's possible. But if you look at all of the details [as so many have] it looks more like a well orchestrated Sting. Maybe i'm wrong, and if I am...they got me too!
Posts: 457 ***If this e-mail by John Martin holds true....... « Thread started on: Today at 5:05pm »
-------------------------------------------------------------------------------- via Rsx03 (which I have thought a settlement to be the most logical answer to this saga with CASAVANT INTERNATIONAL MINING CORPORATION DIVIDENDS playing a huge financial role for CMKX Shareholders IMO), then I take this as ANOTHER WAKE UP CALL THAT SHOWS HOW ESSENTIAL IT IS TO FAX BILL FRIZZELL OUR BROKERAGE STATEMENTS NOW.....for as John Martin has indicated below "I am hoping for a settlement if we can put enough heat and exposure on to the bad guys". Please spread the word to all CMKX Shareholders because it appears that (via John Martin's words)...."We plan on turning all of this information in around mid June to the Judge".
We plan on turning all of this information in around mid June to the Judge. I dont expect a move in the PPS as I personally feel the NSS is too big to cover. I am hoping for a settlement if we can put enough heat and exposure on to the bad guys. Thank you for the kind words!
Hope this helps,
John __________________________________________ ----- Original Message ----- From: "Johnny " <xxxxxxxxx@xxxxxx.com> To: <jmartin@cmkxownersgroup.com> Sent: Wednesday, May 25, 2005 8:04 AM Subject: CMKX
Hello John, > > As a concerned shareholder of CMKX, like the rest of us regarding > what is going on continually with this case against the SEC > With respect to all the work and dedication by you and your > partners/staff we all appreciate very much your involvement in > this matter > To get things resolved quickly! > > What is happening daily with you? I know you do not post much on > the boards, but I just like to know when this whole collecting of > info will be DONE with and HANDED IN > > Are you working diligently on this with anyone..do you think > covering and massive increase in PPS will commence soon?? > > Any info you can give me would be great for ease of mind. > > Thanks for your time. > > Good job so far!! > > > Johnny
Posts: 2375 | Registered: Nov 2004
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posted
I'm just wondering, is it a requirement that you lose a sense of reality to become a GOD of diamonds? Because all these gods seem to come up with some huge fantasies.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin@cmkxownersgroup.com
Good Afternoon everyone!
Bill asked me to put this out this afternoon before we leave for the long weekend.
We have recieved our first response from the SEC on our FOIA request. We will contact the SEC Tuesday morning and provide for the necessary costs to be paid. It appears for now, that they are going to provide us with the requested information.
posted
ok let me get this straight...now cmkx is not about diamonds??? as in never was??? cmkx is about a chess game with mm's??? ============================================
So often you hear on our board "Where are the diamonds!" Well, remember, this is a "stockplay"; it's not a typical long investment...oh sure, it's taking a long time (not really, relatively speaking) but the method of making money here is not based on traditional, standard investment principles. It's more like a game of chess with some very clever players; and right now we've got a serious game of Chicken with some very high-stakes on the table
===========================================
i guess that explains the cars instead of drill rigs. the "Got CMKX" slogan. the never saying a word to the shareholders, why those foolish ppl might really start believing cmkx was going to do manual labor & look for diamonds. all those theories about 1 pipe equalling $100's of billions of diamonds makes sence now. the paid bashers would go back to their bosses & tell them what morons the cmkx cult was & thus the mm's would short it even more. silly us, & we thought the cult was the moron in this story. NOT!!!
i sure hope they have a big enough rubber room for these clowns
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
lets see legal 295 billion in cert ( 326 billion minus the 31 million in OG) + 303.5 billion = 598.5 billion only 205 billion to go that is if UC hasn't added the rest of the a/s.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
Those numbers are OG not the total from the 7 thousand plus fax in campaign. That figure is much higher
Posts: 2375 | Registered: Nov 2004
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posted
That person "stockrich" is out of his gourd from drinking too much "rich" koolaide. He said:
"A "settlement" justifies all of the *tight-lipped..."no comment"...silent period...hush, hush...pleading the 5th [fifth]...no filing...missing pages from 8k...
...I think you get the message. The point is, the settlement would come with a non-disclousure agreement so that other companies can't benefit from what we know, and what we've done."
WHERE DO THESE WACKOS COME FROM????
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
i swear to god wallace, its either a complete breakdown from the shock of reality or the fact that they had so little hope in life the loss of the cmkx dream cracked what little grey matter was there to begin with. legal i hope when reality hits in your case you get help before you go as far as some of these nut jobs.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
I just finished reading the last three pages, and I give Otis Campbell the post of the week. Hey Otis where's Earnest T. Bass? He's a lot goofier than you are.
....and all you bashers are going to jail !!! Who was that idiot? Send him to my house, then I'll have a reason to go to jail. I think it's illegal to use a person for garden fertilizer, ain't it ?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
So there never was any diamonds. UC bought all the swamp land in Canada, sold shares of stock in it to buy a race car?? And oversold it on purpose so he could take on the SEC and fix all the ills of the stock market? My, what a noble cause !!!!
This gets wilder by the minute.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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will: "I just finished reading the last three pages, and I give Otis Campbell the post of the week. Hey Otis where's Earnest T. Bass? He's a lot goofier than you are."
You guys must be reading that Otis Campbell literally. I read it like it was "tongue in cheek". If you are correct, he must be one hell of a Kook!
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
"tongue in cheek", sounds like he as something else in another part of his anatomy? I'll not offend naoh with my la toliet humor on a holiday weekend, use your imagination, it won't be difficult.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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By: bobhwang 22 Jul 2004, 09:36 PM EDT Msg. 7407 of 13692 Jump to msg. # I'm sure they are doing this to gbll:
There’s a new game in town and it’s just getting started. The group playing this game is called “The Cannibals.” They are a group of very opportunistic hedge funds who have decided to take advantage of a new market phenomenon - that of excessive “naked shorting.” In the past 4 or 5 years there has been an alarming increase in naked shorting, most of it illegal. It started in earnest when some of the Internet momentum players of the 90’s realized that the game was over, the bubble was bursting and they better start making money on the short side of the market running hedge funds. They soon realized that with their new power they could actually deny smaller companies access to the capital markets by shorting them into oblivion, especially those with losses ”burn rates“).They have probably destroyed hundreds of companies, some say thousands. In some cases they have collectively shorted several times the entire number of a company’s outstanding shares. As crazy as this sounds, it happens. But one person’s abuse can be another person’s opportunity, and now, along come “The Cannibals.” Their game is to identify companies which have been victimized by these shorts to the extent that their stock is now well below any objective level of intrinsic value and where certain minimal investment standards have been met. The company must have decent technology or products, adequate management, meet certain aspects of viability and have a large enough short position to provide substantial economic gain.
Information recently obtained from inside sources say that this is how the game is played. First the funds will very quietly accumulate a large number of shares at the already low price. Since the shorts would still be shorting they would look at the buy orders as “free money.” The key will be for the funds to make their initial purchases with considerable stealth until a significant position has been established. It is altogether possible that they will acquire as many or more shares as the company has outstanding, since at first, the shorts will be very accommodative. Then, once the core position has been established they will likely approach the company and consult with them about possible strategies such as delisting from the Berlin Berman Stock Exchange (which has been a hotbed of illegal shorting), declaring a stock dividend, maybe initiate a corporate maneuver requiring the issuance of new shares and probably working with outside consultants to do an in-depth “shareholder audit” to determine the extent and source of the shorting. Then comes “crunch time”! The Cannibals come out of the closet and start buying with gusto. Buy orders will be coming from every direction, on shore, off shore, hedge funds, well-heeled individual investors, chart readers, momentum players, etc. The Internet can be a useful tool in spreading the message. Once the market knows the shorts are on the run the pressure can get relentless. Unlike a soaring stock where most buyers have a choice of chasing or not, shorts have no choice but to cover at any cost as margin calls dictate the timing.
The hedge fund community is one of the most opportunistic in the world. Results over the past year or so have been sub-par which means their 20% fees aren’t being triggered. Here comes a chance for a handful of hedge funds to take advantage of a once-in-a-lifetime opportunity to strike it rich over the next year or so. The Cannibals are greed-driven and they plan to take full advantage of this unprecedented moment in market history, even if it comes at the expense of their fellow hedge funds (hence the name “Cannibals”). Some have already started to accumulate shares, but the fruits of their labors probably won’t start to show up until later this summer of early fall. Don’t be surprised to see this catch on in a big way. Once others see how the game is played there will be lots of copycats. Some of the cannibals are already planning for web sites, market letters, trading rooms, etc. It’s even possible that one or two mutual funds of “distressed stocks” will surface before this is over.
What comes around, goes around,. Now the Cannibals are coming to town to eat their young and to create a new batch of billionaires.
Posts: 2375 | Registered: Nov 2004
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FRIZZELL LAW FIRM 305 S. Broadway, Suite 302 Tyler, Texas 75702 (903)595-1921 E-Mail jmartin@cmkxownersgroup.com
Dear Group Members, May 25, 2005
The fax in program is going well. I want to express my sincere thanks to those that have been able to fax their info on a single page or two to the fax-in line (903-595-4249). The process is working well and our numbers continue to flow in.
As a result of your efforts, we have accumulated data that will be instrumental in assessing the actual shares purchased in this stock. We have taken some very incomplete totals and were not surprised with the results. We decided we needed further information from a couple of the brokerage houses. The letters we have sent to Ameritrade and Etrade on this date are self explanatory. Thanks for all your efforts. Keep it up.
***************************************************************** May 25, 2005
Ameritrade, Inc. 1065 N. Ameritrade Place Bellevue, NE 68005 Attn: Compliance Department
Re: Request for information from CMKX account holders
Dear Sir or Madam:
This law firm is representing John Martin and approximately 5,200 shareholders of CMKM Diamonds, Inc. (CMKX) in several ongoing investigations. Mr. Martin is an Ameritrade customer and current account holder. As a part of our investigations, we have requested that shareholders forward to this office a copy of the customer statements which they receive from their broker/dealers to provide evidence of their ownership in CMKX. Company management has informed the shareholders that they are attempting to meet certain financial reporting requirements and are spending significant sums of money to meet these obligations. Due to the heavy trading in CMKX in the last 18 months, we are concerned about the total number of shares that have been sold or issued in this company stock. It is important for audit purposes that the company can state accurately the correct number of shares owned by CMKX shareholders. This inquiry has not been directed by the company, but is being made by customers of Ameritrade.
We have been provided a NOBO/OBO list from the issuer with a record date of April 27, 2005. The NOBO/OBO list indicates shareholders in this stock to total 59,669. Our shareholder request campaign is in its early stages. We have received responses from approximately 7,000 shareholders. The NOBO/OBO list indicates Ameritrade has 18,060 shareholder accounts. These accounts contain 180,519,376,324 shares of CMKX stock if this NOBO/OBO list is accurate. The list was provided by ADP. We have received to date 2,593 Ameritrade statements. These statements confirm ownership of 109,213,056,640 of CMKX stock. Assuming the NOBO/OBO figures are correct we could receive as many as 15,467 statements from the remaining CMKX shareholders. The average number of shares in CMKX shareholder accounts in Ameritrade is approximately 10,000,000 shares per the NOBO/OBO. I trust you can see our concern.
1. Are the number of shares held in Ameritrade accounts reported by the NOBO/OBO accurate? If the numbers are not accurate, could you possibly explain any inaccuracies?
At an SEC hearing a couple of weeks ago, we were advised of a letter from one of the market makers in this stock that resulted from an SEC/NADA investigation into some irregular trades in CMKX. See attached Exhibit:
2. As the attorney for John Martin and several thousand of your customers, I ask you to confirm whether or not any trades in this security were made on an ex-clearing basis through any market maker to which you are associated.
Under Regulation SHO, the DTCC is required to report open fails to deliver of stocks that meet certain threshold criteria to the SEC. [Rule 203(b)(3)] The law is well settled in Texas and most other states that broker/dealers have a fiduciary duty to their clients/customers. In furtherance of your fiduciary duty to Mr. Martin and the thousands of other Ameritrade customers I represent, please answer the following question.
3. Are there any open fails to deliver in CMKX at Ameritrade at this time?
I am attaching as Exhibit; a letter which purports to be from Ameritrade employee Tina Nauman dated May 7, 2005. The letter references a CMKX Chapter 11 bankruptcy restructuring. The letter continues to say that Ameritrade is no longer allowing customers to buy the stock but will allow it customers to sell their shares. In furtherance of your fiduciary duty to Mr. Martin and thousands of other Ameritrade customers I represent, please answer the following questions.
4. Who informed you that CMKX was involved in a bankruptcy proceeding and when did Ameritrade learn of such bankruptcy? 5. Why has Ameritrade refused to accept buy orders in CMKX stock?
I have been informed that Ameritrade owns a substantial position in Knight Trading Group, Inc. At one point in 2004, I have been told that 40% of Knight's daily average share volume was in CMKX stock. Finally, in furtherance of your fiduciary duty to Mr. Martin and thousands of other Ameritrade customers I represent, please answer the following question.
6. Has Knight, in its market making capacity in CMKX stock, advised you of any substantial short position since you began brokering sales of CMKX stock? 7. Has Knight or any other market maker or broker/dealer sought your assistance in obtaining CMKX shares? If so, when did such occur? 8. Does Knight presently have any open fails to deliver in this stock? If so, what is Knight's open position?
CMKM Diamonds, Inc. is under close scrutiny of the SEC at this time. Your prompt response to the inquiries presented in this letter would be appreciated by many of your customers. Feel free to call me if any questions arise surrounding this letter. I look forward to your response.
Sincerely,
Bill Frizzell Attorney for JohnMartin et a CMKX Owners Group
John Martin Don Stoecklein Leslie Hakala
Posts: 512 | Registered: Jul 2004
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Etrade Securities, LLC Russell S. Elmer, General Counsel 671 No. Glebe Road, 11th Floor Arlington, VA 22203
Re: Request for information from CMKX account holders
Dear Mr. Elmer:
This law firm is representing Kevin West and approximately 5,200 shareholders of CMKM Diamonds, Inc. (CMKX) in several ongoing investigations. As a part of our investigations, we have requested that shareholders forward to this office a copy of the customer statements which they receive from their broker/dealers to provide evidence of their ownership in CMKX. Company management has informed the shareholders that they are attempting to meet certain financial reporting requirements and are spending significant sums of money to meet these obligations. Due to the heavy trading in CMKX in the last 18 months, we are concerned about the total number of shares that have been sold or issued in this company stock. It is important for audit purposes that the company can state accurately the correct number of shares owned by CMKX shareholders. This inquiry has not been directed by the company, but is being made by customers of Etrade.
We have been provided a NOBO/OBO list from the issuer with a record date of April 27, 2005. Our shareholder request campaign is in its early stages. We have received responses from approximately 7,000 CMKX shareholders. The NOBO/OBO list indicates Etrade has 9,596 shareholder accounts (clients). These accounts contain 106,935,010,685 shares of CMKX stock if this NOBO/OBO list is accurate. The list was provided by ADP. We have received to date 1357 Etrade statements. These statements confirm ownership of 74,563,304,923 shares of CMKX stock. Assuming the NOBO/OBO figures are correct we could receive as many as 8,239 statements from the remaining CMKX shareholders. The average number of shares in CMKX shareholder accounts in Etrade is approximately 11,000,000 shares per the NOBO/OBO. I trust you can see our concern.
1. Are the number of shares held in Etrade accounts reported by the NOBO/OBO accurate? If the numbers are not accurate, could you possibly explain any inaccuracies?
At an SEC hearing a couple of weeks ago, we were advised of a letter from one of the market makers in this stock that resulted from an SEC/NADA investigation into some irregular trades in CMKX. See attached Exhibit
2. As the attorney for Kevin West and several thousand of your customers, I ask you to confirm whether or not any trades in this security were made on an ex-clearing basis through any market maker to which you are associated.
Under Regulation SHO, the DTCC is required to report to the SEC open fails to deliver of stocks that meet certain threshold criteria. [Rule 203(b)(3)] The law is well settled in Texas and most other states that broker/dealers have a fiduciary duty to their clients/customers. In furtherance of your fiduciary duty to Mr. West and the thousands of other Etrade customers I represent, please answer the following question.
3. Are there any open fails to deliver in CMKX at Etrade at this time?
I am attaching as Exhibit, a letter which purports to be from Etrade employee Ernest Tannis dated May 24, 2005. The letter references a sale of CMKX assets to USCA on or about July 18, 2005. In furtherance of your fiduciary duty to Mr. West and thousands of other Etrade customers I represent, please answer the following questions.
4. Who informed you that USCA was acquiring mineral assets of CMKX? 5. When did Etrade receive such information?
CMKM Diamonds, Inc. is under close scrutiny of the SEC at this time. Your prompt response to the inquiries presented in this letter would be appreciated by many of your customers. Feel free to call me if any questions arise surrounding this letter. I look forward to your response.
Sincerely,
Bill Frizzell Attorney for Kevin West et al CMKX Owners Group
Posts: 512 | Registered: Jul 2004
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posted
From another board, an interesting read How the Market works:
The market doesn't have provisions to "make a settlement" on cmkx...
the market doesn't have provisions for side stepping how the market works...
the market works cause the market is a "free" market. there is no all powerful entity who can step in and stop the market from trading "freely"
the market fixes it's own "mistakes" by trading freely. thats what it's all about. no one who holds naked short shares will ever be let off the hook... the system may give them way too much rope for them to hang themselves with. and that is a much better option then any form of "controlled" market that i could imagine.
the thing to know for sure, well, as sure as america existing tomorrow, is that the market will fix this loophole the only way these things get fixed...
by making it more expensive then it is lucrative.
the sec is not designed to be ahead of the eightball -or in anyway proactive. the sec watches the markets and attempts to correct market crimes as they occur.
can the sec be corrupt? sure anything involving humans and money/power corrupts... but that is nothing new... and the fix is not new either...
it will be supply and demand that drives cmkx pps... supply is now seriously inflated, either nss or dilution beyond any reasonable level... either we've been scammed by cmxk (past tense) or we are being scammed by market makers willing to flood the market with illegal shares for the cash involved...
what the sec / system will do is start to identify the worst abusers of failiure to deliver type trading.
they are positively working to identify these parties as i write this post... that's their job... their job is also to investigate without alerting the specific offenders they are trying to catch.
when enough people know and enough are making noise... coming but now here just yet... we'll see the opportunity of nns'ing lose it's luster as those willing to nns in a market that is aware of what that means will eat the nns'er for lunch.
the free market works... the bad guys found a hole and have used it to gain, now the coin slowly turns, people start looking and asking questions... the light of day is the great leveler...
what happen for cmkx pps is only up to you 50,000+ individual owners. you'll make your decisions to sell cmkx someday... at some price...
remember that supply and demand in a free market can create gut wrenching swings, but once started a demand squeeze makes your shares more valuable at the expense of the naked shorter... the dtcc may not be too worried while nns bad guys have plenty of margin dollars... but as cmkx rises their margin falls... once the bad guys hit cash limits the dtcc won't hesitate to buy them in...
what we get is a squeeze... it's the only way the market works... and god bless america that it is this way... you might want to moan about poor cmkx pps, but remember it's the nns scandal that let you get cmkx at .000x in your own account...
what the bad guys want is for you to sell in the celler... sadly many will... the enotional abuse is too much for most people... the bad guys know this... cmkx upside is only limited by where it's 50,000 shareholders are willing to sell "some"
you'll all pick your own "settlement" price as you watch the stock actually trade up and down, up and down... like any settlement ever disclosed publicly you will setle for less then you could have gotten...
it's a free market driven by human nature... it works but it's not rational...
Posts: 512 | Registered: Jul 2004
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posted
FriZZeLL got to luv em. They got FIGHT in there blOOd. Take the fight to them. Thats what i like to sEE. This is uncovering alot of stuFF that many of us speculated on. I have said for ever that even if a stock has 800 biLLion shares but yet trades about 25 biLLion a wEEk it would stiLL move.
PS remeber guys for every trade there is a buy and a seLL. Each transaction is both a buy and a seLL. I buy shares at what ever price that means someone sold wether it be a person or an MM. So my point is CMKX has had crazy volume for YEARS so obviously someone wants it to continualy buy. NuFF said they light is begining to shine on this whole ordeal.
Posts: 512 | Registered: Jul 2004
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posted
Thats crazy, I don't care what the volume is. 703 billion isn't going to move. Thats the craziest statement I think that I have ever read. You obviously have no clue how the market works.
-------------------- Learn the hard way with pennies Posts: 153 | Registered: Nov 2004
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quote:Originally posted by duediligence1: Thats crazy, I don't care what the volume is. 703 billion isn't going to move. Thats the craziest statement I think that I have ever read. You obviously have no clue how the market works.
Your are entitled to your statement but because simple math prOOfs tyou wrong i simply won't argue with you as it is pointleSS. Get a pen, paper and calculator and do the math. On average 5 biLL a day trades, that is 25 biLL a wEEk about 100biLL a month. Simple math
Posts: 512 | Registered: Jul 2004
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posted
Yeah simple math is what proves it can't move.
Well Prrm does a billion share of volume with 65 billion o/s. Thats 1/10th the O/S and only 1/5th the volume and can't move off the .0001 and won't. But still thats not how a stock moves. A stock moves in the penny market by traders and larger markets by institutions. These people want touch a 800 billion share company. Real investors want touch a 800 billion share company. You want to believe that really anyone would come into this in numbers then go ahead. But once a stock gets this high in o/s its dead. Period. No opinion necessary. It's fact.
-------------------- Learn the hard way with pennies Posts: 153 | Registered: Nov 2004
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posted
tarq3, just curious and no offense. Why does your keybd seem to stick caps in with the lower case letters of a word? I have seen your other posts and it doesn't always do that, so I know it is not your doing. Again, just curious.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
To me the Ameritrade and E-trade just proves what some of us thought all alone. Because what does the letters say.
1) that fax shareholders are large investors with an avg of 50 million share
2) That the ones that didn't bother sending in any information are small holder 4-5 million shares
3) The Avg amount held over all for all shareholder is around 10 million shares
I think the NOBO/OBO proved that. Now what Frizzle is trying to do is state that since the ones that faxed in avg. 50 million shares that all share holders must avg that amount. Thats absolutely wrong and a abuse of the statistic models. We know from the other boards that most of the big holders and paid holders have faxed in there statement and have promoted it. Who are the ones that want to prove NSS? Its the ones that have a lot invested. Not to say that people with 1, 2, 3, 4 ,5 million share wouldn't want a return on there investment. But these people bought a lottery ticket and most thought they did or they would have bought more. So these people aren't going to bother and send personal information and spend more time and money to print out statement and pay to fax information they wouldn't share with but a few people. So they diffently aren't sending it into Frizzle. The Frizzle index is completely wrong and being a math major, I can say it with sure knowledge of statistics. Frizzles group or fax group are not a random sample. Ameritrade and E-trade total shareholders are a good random sample. I would have thought the average was actually lower but statistics seem to support a 10 million average hold.
I think the NOBO/OBO proved no NSS or at least no major NSS in CMKX. An average of 10.5 million shares times 59K plus shareholders is a little over 600 billion shares. Don't prove nothing other then what people want to twist into it.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Originally posted by Wallace#1: That person "stockrich" is out of his gourd from drinking too much "rich" koolaide. He said:
"A "settlement" justifies all of the *tight-lipped..."no comment"...silent period...hush, hush...pleading the 5th [fifth]...no filing...missing pages from 8k...
...I think you get the message. The point is, the settlement would come with a non-disclousure agreement so that other companies can't benefit from what we know, and what we've done."
WHERE DO THESE WACKOS COME FROM????
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Wallace, they come from the Wacko factory.......
More commonaly known as the State Mental Hospital...
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
Tarq, more useless drivel that's a week old. Nothing will be settled until July.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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