posted
Good luck all!! I'm chapped. I tried to get in this twice. Once at .006 and at .009. Didn't get filled on either one and look at it now!! Good luck. I'll just keep hoping for my PLNI to do this some day.
Posts: 788 | From: Tx. | Registered: Jun 2005
| IP: Logged |
That's nothing. You want to talk about feeling like garbage. I bought 2 mil of these guys at .0018 and sold them at .0031 and thought I was making a big payoff. Now I am sick at my stomach looking at the price of this thing. I even told myself hold it for a month or two it could get to 25% of it's 52 week hi. Man did I ever blow it.
What is your thoughts on PLNI? I was looking hard at it and thinking of buying it or even RWNWE with that merger they posted about. I heard news that it should happen in 30 to 45 days which would make it the first of Sept. or so. What is your thoughts? Any chance at BCIT makings of either of the two?
posted
I've been holding PLNI for a year. It finally made a move to where it is now. It has many great things ahead and I have always considered it my HomeRun retirement stock. I do feel it will hit .05 to.10 within the next 6 months however it does seem hard for it to climb. I don't think people get that excited over plastic rebar supports. I wish you had held onto BCIT...I know it's hard but I think some of these you need to just forget about them once you buy and then go back and check on them in 6 months or a year and you might be BLOWN AWAY at what you see in your account. Good Luck
Posts: 788 | From: Tx. | Registered: Jun 2005
| IP: Logged |
That's nothing. You want to talk about feeling like garbage. I bought 2 mil of these guys at .0018 and sold them at .0031 and thought I was making a big payoff. Now I am sick at my stomach looking at the price of this thing. I even told myself hold it for a month or two it could get to 25% of it's 52 week hi. Man did I ever blow it.
I did the EXACT same thing! I cry every time I look at the quote.
Posts: 647 | Registered: Jul 2005
| IP: Logged |
posted
I tried selling today at 5 cents and .045, but couldn't get my order filled. This one is a bitch when it comes to buying and selling.
Posts: 13 | From: huron | Registered: Aug 2005
| IP: Logged |
posted
What is the deal with Ameritrade not allowing to place any orders for this stock? Why the restriction?
Posts: 1254 | Registered: Aug 2005
| IP: Logged |
posted
ggreg: you must've tried real early....lottsa trades since then, even with Ameritrade fiasco.
Rules: Ameritrade claiming that DTC says it can't confirm certs...duh! This has been known only for weeks now. Typical of a squeeze--Ameritade pulled same thing for a day or two on the GLCKE squeeze, as I understand it.
Notice we're back above opening, even with some brokers restricting trading...looks to be playing out as expected...
posted
Ameritrade always finds a way to screw us somehow. They are lucky i still trade with them. I knew there had to be a reason why i coudln't sell today.
Posts: 13 | From: huron | Registered: Aug 2005
| IP: Logged |
quote:Originally posted by BuyTex: ggreg: you must've tried real early....lottsa trades since then, even with Ameritrade fiasco.
Rules: Ameritrade claiming that DTC says it can't confirm certs...duh! This has been known only for weeks now. Typical of a squeeze--Ameritade pulled same thing for a day or two on the GLCKE squeeze, as I understand it.
Notice we're back above opening, even with some brokers restricting trading...looks to be playing out as expected...
posted
Hmm sorry I should have explained it better. In the past 25 min the L2's have shown a huge number of buys but all the buys are at the same PPS. I'm new to stocks so I was just wondering how could it be that there are such a large number of buys but no increase in the PPS.
I'm not sure if that's any better.
Posts: 647 | Registered: Jul 2005
| IP: Logged |
posted
to make things simple, there is a tight resistance at .04 and the Market makers aren't letting it happen. They are *******s.
Posts: 13 | From: huron | Registered: Aug 2005
| IP: Logged |
The buying does not reflect the number of outstanding shares.
If a company has 1 million OS and the float is 500 K. Then some good news, or bad, surfaces. You would people (traders) exchanging (buying and selling) making the number, say, 3 times the float.
I hope this helps.
-------------------- What do you think ? Posts: 167 | Registered: Aug 2005
| IP: Logged |
quote:Originally posted by futurama08: So...how are there a million buys but the PPS isnt going up
This is a squeeze play; MMs fighting as hard they can to scare peeps into selling so they can cover. Will be lottsa tough clinches in the corners while they delay, hoping to avoid forced buy-in...
I think they are doing it today too. little activities. Good thing is that the ask was raised to 3.5 from 3.2 as well as the bid from 2.9 to 3.1 cents.
-------------------- What do you think ? Posts: 167 | Registered: Aug 2005
| IP: Logged |
posted
MM trying to cover big time on this. If ameritrade wasn't such a pain yesterday, i would have sold at 5 and bought again at .025.
Posts: 13 | From: huron | Registered: Aug 2005
| IP: Logged |
posted
ggreg, Scottie joined the boycott today...brokers now officially meddling in the market. MMs can now walk it around like a dog on a leash...may take quite awhile for CEO to get this straightened out so we can take our profits...
DTC's inept system and incompetent "guardians" of the share count revealed once again...
posted
haha, i can't get rid of this one, is ameritrade supposed to have fixed this problem? i have had orders going all day and nothing happening. Do you have any explanationg tex?
Posts: 13 | From: huron | Registered: Aug 2005
| IP: Logged |
posted
DTC says they can't deliver certs. Brokerages are scared to let it churn to a solution. CEO in Europe with real estate biz, which he wants to move into this shell once the share structure is cleaned up, prolly via cert exchange. Gonna take awhile...
posted
i wouldn't be suprised if the MM decide to run it up again to make their money. This stock is out in its own world.
Posts: 13 | From: huron | Registered: Aug 2005
| IP: Logged |
posted
Good old Scottrade is doing the same thing as Ameritrade, you can buy in but can't get out! hope it reverses this week.
Posts: 200 | From: San Bruno, Ca. USA | Registered: Jun 2003
| IP: Logged |
I think people paniced becasue they could not trade or sell this on line. The MMs took a good advantage of that. Yesterday we saw a classic MM manipulation that resulted in 2.8 cents before closing close to 4 cents.
The inability, or the willingness, of the company to take action make us vulnarable. I heard one person saying that the CEO is absent out of the country though. My prediction, and hope, is that it will bounce. I intend to sell at 4 cents when I can. Best Luck.
-------------------- What do you think ? Posts: 167 | Registered: Aug 2005
| IP: Logged |
Ameritrade & Scottrade & a few others: no trading, period, UNTIL DTC straightens it out...
likely? Ameritrade is on the hook for fail-to-delivers; Scottie being its usual balky self, as "suddenly" they can't get certs from DTC. However, this was foreseen in the play, which is to force clean-up of the share structure, muddied when crooks (mario pino of MLON fame) tried to hijack what they thought was a "forgotten shell."
The CEO found out after the fact that someone had illegally changed filing info at SOS office and subsequently dumped counterfeit shares on MM SACM.
In fact, the CEO is working very hard to protect shareholders and has taken control of the company and transferred BACK to its original TA. He has announced to either file for a demand buy-in (forced cover) or cert exchange.
Yes, he is in Europe, where his real estate dealings are. That est $60mm company is what he has said he would like to r/m into this shell. However, he is scheduled to meet with SEC in early September. He and TA correspond regularly with investors. This most recent run was fueled by the PR announcing actual share count from the new TA. OS is NOT 893mm (the result of the counterfeit dump) but is really only slightly more than 4mm, with a float of about 1.3 - 1.5 mm.