posted
In re: GOODYEAR TIRE & RUBBER COMPANY SECURITIES LITIGATION
CIVIL ACTION MASTER FILE 88-8633
UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA
1993 U.S. Dist. LEXIS 5333
April 21 1993, Decided
This case is on point with regard to how misleading press releases must be corrected. In effect it says that misleading information is gathered from the "mix" of information given at the time of the press release. In essence, to cut liability companies try to refrain from referring to the "corrected" statement with further information regarding information material to the corrected statement. Doing this allows the company to clearly state the correction and not muddle/mix it with other information.
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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If it was legalities that's one thing. It makes Doug look even less reliable though.
Maybe he will come through with something substantial for you guys. GL
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
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www.****************: Market Gainer Issues Update for ICM Telecomm Incorporated 11/9/05
Nov 09, 2005 (M2 PRESSWIRE via COMTEX) -- Market Gainer, the fastest growing online financial newsletter, focuses on identifying companies that for various reasons have not performed well. These companies are trading down on the day but the decrease in share price may not necessarily make them a poor prospect for investment. In many instances the fundamentals of a company could still be solid.
Market Gainer seeks to inform its subscribers of the details surrounding the decrease in value of ICM Telecommunications Inc. (OTCPK:ICMH), is a company that exclusively distributes debit instruments through Ohio-based Sutton Bank and Antigua-based Global Bank of Commerce. ICM also is developing other international banking relationships to broaden the base of its suite of stored value debit cards worldwide. Stored value debit cards give card users several hundred thousand places where their cards can be immediately accepted and honored.
Company shares dipped 20 percent below yesterday's close, as over 8.2 million shares traded hands, with an individual share price of $.0008, or $.0002 down.
Investor reaction came as a response to a correction of the company's mid-September announcement. In that earlier announcement, the company declared a revenue-sharing strategic alliance with NTELX, an international network provider to the telecom industry, which was incorrectly stated. The company has clarified that it actually has entered into a revenue sharing agreement with Claridon Holdings, a Canton, Ohio-based telecommunications services company.
As part of the agreement, ICM intends to invest in the privately held Claridon to enable network expansion into.............
To view the full Market Gainer report on ICM Telecomm Incorporated, please visit www.**************** for a complimentary subscription to the newest and most exciting online financial newsletter on the market. No Credit Card information needed.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
Last night after reading the pr I put a good portion of mine up for sale at .001. I changed it when I saw FOT's post this morning. I'm glad my sale did't go through. I sure hope Doug get's this straightened out. IMHO we still have a chance at profit here. I'm still holding all my shares.
GLTA
-------------------- "Keep your stick on the ice, we're all in this togeather!" Posts: 367 | From: AK | Registered: Aug 2005
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posted
Congrats to those who were able to get in at 8 or lower, you already have a 40% increase. Damn I wish I would have had some free funds! Oh well....
Posts: 858 | Registered: Jul 2005
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posted
I was mainly talking about those that got in at .0007 for a 42.8571428571% increase to be exact. But hey, who's counting?
Posts: 858 | Registered: Jul 2005
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posted
I'm in this too, but i like to share good PR!!
For those who are in this, check this out!!
Contract for CWFG!!! it will jump!
Commonwealth American Financial Group Agrees to Joint Venture with NW Capital Partners, LLC Thursday November 10, 9:05 am ET
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Nov. 10, 2005--Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG - News) today announced that the Board of Directors has approved a Joint Venture project with NW Capital Partners, LLC., subject to all applicable laws and the complete execution of definitive contracts. ADVERTISEMENT
The companies will joint venture on the acquisition of 91 existing units (to be renovated or demolished) and 22 vacant building lots in West Palm Beach City Center, Florida for a cost of approximately $6,000,000 to develop medium and high density housing for an average sales price of $250,000.00 per unit with full financial projections and budgets to be announced.
NW Capital Partners, LLC (the Partners) was formed by the Northwest Communities Development Partnership, Inc. (the CDC) a Florida not-for-profit corporation, the CDC's mission is to use its community stakeholder resources, which includes working relationships with the City of West Palm Beach, land owners and developers-builders to facilitate the revitalization of the Downtown Northwest neighborhood.
"We are honored that NW Capital Partners has chosen our company to participate in this redevelopment project as partners as we believe this opportunity very worth while for the community and very lucrative for the company and its shareholders. The company continues to review other joint venture opportunities and look forward to possible participation in said ventures," said Ms. Ryals President & Chief Operating Officer.
FORWARD LOOKING STATEMENTS: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.
Posts: 222 | From: Quebec | Registered: Nov 2005
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Our system posted a BUY-IF today. The previous BUY recommendation that was confirmed was made on 09.20.2005 (51) days ago, when the stock price was 0.0013. Since then ICMH has fallen -23.08% .
This is a call for another buying opportunity. First, be aware of what happened at after hours trading and futures. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, increase your holdings or open new long positions.
Well, things do not go as expected sometimes. You may rather see a gap-down at the open or a black candlestick forming with a lower close in the next session. If this is the case, humbly accept the market verdict, cancel the buy orders and cover any long positions that you might have opened.
Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure. For more about this candlestick click here.
The last two candlesticks formed a Bullish Meeting Lines Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
great... i was a newbie when i got into this, at about .0019 avg'ing down, my first buy was actually at .0022 when the hype was at its peak... lets just do this, lets close this thread, call it quits, whoever has a bag keep it... in six months or so, miraculously FOT will emerge, tout the hell out of a SUPER PR that will come in TWO WEEKS i spoke to the CEO call him YOURSELF, some idiots trying to make some quick cash will buy into the bullsh**, and probably make some cash... seriously, whoever bought in at the recent levels, that is your best bet, because for all I know, this company is a scam. SCAM. whoever wants to talk bad to me now and suggest to be tied to the back of a truck is more than welcome, I don't mind at all... but truth of the matter is, the SUPER PR that FOT and others were talking about never came. It's already november 10. lets close this thread... whoever is a professional stock pumper go on and scam other people, but lets adjourn ICMH for once and for all.
Posts: 108 | Registered: Aug 2005
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imakmony2005
unregistered
posted
I WANT MORE AT .0008.And yes some people would say FOT is a pumper, he has made some great picks next time give them a few months then buy if you still like it he is always in to early. he did say pr monday are tuesday next week.
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quote:Originally posted by imakmony2005: next time give them a few months then buy if you still like it
lol...a few months?
If it takes a few months, stay AWAY from it. Penny stocks are SHORT TERM plays (one-day plays preferably).
ICMH smells BAAAAD!
In July we were supposed to get HUGE news that would send this up 1000%. Doug said contracts were signed, it would be released any day and it would be HUGE. Guess what?.....it never happened (well we did get a PR about mymedical-cd.....HUGE huh?).
Lately we are hearing about a switch. 2 weeks ago it was going through final testing and would be active "any minute". Now Doug puts out a PR stating they are considering purchasing a switch?
I will faint if anyone sees a substantial PR from ICMH next week. Look back at the old ICMH thread and see what was going on in July. It was the SAME THING. We were waiting on a PR that would be released any day. Guess what?.....it never happened.
I don't know why Doug keeps leading investors on and on. It doesn't make sense to me because he doesn't appear to be diluting.
What does Doug have to gain by misleading his investors over and over again? I can't figure it out.
The only thing I know for sure is that ICMH STINKS. Why was Doug enticing us with a mystery PR in July?.......It's now mid-November. Could he really have believed that he would announce some major developments in a day or two, when it still isn't out 4 months+ later?
Don't worry though - "Information will flow freely over a two week period"
LOL but which two weeks? As near as I can tell, Doug could have been talking about 2 weeks in the year 2012.
Nile you've been in this from the beginning. How much profit do you think you've missed out on while your money was tied up here?
I want to make it clear. I do NOT own ICMH and I never will again. I am not trying to influence PPS. I don't care if it goes up or if it goes down. People need to be aware of what they are getting into when they purchse this stock.
ICMH is not a very volatile stock. On a normal day there is very little volume and almost NO movement. When Doug starts touting the next mystery PR there will be some volume and a little movement. It will probably leave you very disappointed though when you are left waiting for months on end because the PR never happened and you missed your chance to sell.
I recommend that people set a deadline for how long they are willing to wait on Doug to come through with something. If you just keep hanging on Dougs latest hype, you could still be waiting in a year or two.
If people want to jump all over me for being straight and honest, so be it. I can handle that, as long as I am honest and not misleading others.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
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posted
I love how people realize when others are trying to benifit from new people! I know i was burned once and only once! We newbies should start a tread on the people scre$$ng all the new people. If you read all the time you know who is doing it. I am not saying anything about fot or anyone else.I just wanted to vent eduar sorry for your loss and believe you are not the only one!!!
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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quote:Originally posted by matto: I love how people realize when others are trying to benifit from new people! I know i was burned once and only once! We newbies should start a tread on the people scre$$ng all the new people. If you read all the time you know who is doing it. I am not saying anything about fot or anyone else.I just wanted to vent eduar sorry for your loss and believe you are not the only one!!!
Matto you are smart to look around and figure out who is who.
I'm going to relate to you (without mentioning ANY names) my learning process when I was a newbie.
First off, I didn't know SQUAT. I came here for a little guidence. I quickly realized there were two camps here - the "good" guys and the "bad" guys. I followed the "good" guys because I didn't want anything to do with the "bad" guys. After I was here awhile and saw what was going on, I became very confused and jaded. It became very difficult to tell who was who. I knew who the "good" guys were and I knew who the "bad" guys were but I couldn't see any big differences between them, other than one group seemed to be privileged and were in the good graces of the powers that be.
Both groups made stock picks and provided mounds of one-sided DD to support their stock picks. Both groups seemed to have multitudes of investors that followed their advice. BUT in both cases the multitudes of investors always seemed to get screwed.
After becoming thoroughly confused, I realized that I had to learn this business for myself because there was no one that I could trust.
Well...almost no one. I will say there is one person on this board that I came to respect and trust completely. But he never makes stock picks. he spends his time here sharing his vast knowledge and helping others. I haven't seen him around in awhile. I hope he is OK.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
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posted
Wow you are so right,There are a few I trust but I don't follow I also learned myself and only trust myself.It is so sad to see these newer people follow like a pack of dogs blinded in a snow storm. I just want to tell them the truth and beat the crap out of the pieces of s$$t that just do it over and over.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
You know, I have no clue either way about FOT or Doug because I don't know them personally, but why would you base your trading on some person from a message board? Are you that inept at doing anything on your own? I'm not going to put anyone behind a truck but I would suggest try to take resposibility for own actions once in a while. "The PR" didn't come when "some guy from a message board" told you it was and then you have the audacity to blame a total stranger for your losses? BTW, this "scam" as you call it...oh, wait, as far as you know it's a scam...meaning you haven't done any research to find out one way or another...has run up where you could have made money 4 or 5 different times the past few months. Why didn't you take your profits? Because you bought high into the hype right? Ask yourself was that a good idea to do without any research? Maybe not huh? How does anyone KNOW what's going to happen? The answer is they don't. These are people making predictions on DD in an environment equivalent to the wild west. Newbie or not, maybe you might have played with paper before you just gave your money some random company that a complete stranger was talking about on the internet. Unbelievable!!! I'm sorry for any personal attack here, and I don't want anyone losing money either but I need to vent too. I'm so tired of people passing blame. It's getting to be and epidemic.
Posts: 421 | From: Florida | Registered: Mar 2005
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Hey, I've been saying for months that we need a Newbie forum; some threads would be filled and need updating only rarely--but could be referred to easily to answer those questions that get asked repeatedly. As is, those "repeated questions" *are* answered, but scattered like dandelion seed across the board. Of course, new threads could be created as needed...
posted
No blame is being passed! We have made and observation and are having a conversation about our observation weather we are right or wrong its just that a conversation sorry if you are getting offended. Thats usually caused be guilt.Just kidding. Sorry if I offended you!
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
If the PR with most of the info we've been expecting finally comes next week, I'll be happy. even if it's not ALL of the info we want to hear. Even if it doesn't make the price of ICMH skyrocket. I'll just be happy to see that we're back on track. If it doesn't come (again!), then my mood will sour something awful...
But I'm willing to hold this a while longer.... although the next time this jumps into the 20s, I'm probably gonna sell. Getting too greedy is the only thing that's really burned me on this stock consistently. That and buying in too high. Otherwise, there's still plenty of potential here and I still trust FOT, etc.
Plus, compared to what CWFG did to me (another stock I bought into around the same time, after a couple of enthusiastic threads started on this board about it a while back and I was convinced to buy), ICMH looks great. Oh, it's bleeding red all over my screen right now -- I'm certainly losing money in ICMH -- but at least ICMH does have hope and potential and isn't diluting like mad. And there have been a couple of opportunties to make a small profit with ICMH, I just foolishly tried to get too much out of it all at once, when I shoulda been swinging.
Posts: 249 | From: NYC | Registered: Sep 2005
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posted
[QUOTE]Originally posted by eduardo86: [QB] great... i was a newbie when i got into this,...... _________________________________________________
I have news for ya dude...
Your still a newbie!!!!
Furthermore you will be for a long time to come... Always something to learn if you want to take the time to learn it, but so often it's much more easy to point a finger, isn't it!!
I've been trading for over twenty years off and on. I still don't Know $hit!!!
quote:Originally posted by jdog006: Nile you've been in this from the beginning. How much profit do you think you've missed out on while your money was tied up here?
jdog006 - Its true I have been in this for a very long time. My first purchase of ICMH was at .00014 in July. Since that date I have had the opportunity to flip this at least 4 times. The only thing that has stopped me from taking a profit is my own greed. I don't blame anyone else except myself.
We all know that when the market was telling us to sell, we didn't listen. Yes, it was because of this "Great PR" that was suppose to be released that we all stayed in with dollar signs in our eyes. But, we have no one to blame but our self and our own greed, we could have made a profit.
When I first became a member here, Im happy to say that I didn't have any money to play with at the time, if I did Im sure I would be holding a whole bunch of stocks that I probably would have gotten in at there peek. Instead, I just read post to see who had the best plays. With that I also took into account the characters of individuals that were the "leaders". That is the main difference in the, as you call them, "good" and "bad" guys.
Not only that, but just like you jdog006, I didn't want to depend on people that I didn't know for stock picks. Also, I wanted hopefully to be able to make some good picks my self, so I started to learn, just like you, on my own about market trends. I knew when I should have sold and, now that I have no money, when to buy.
All this time I have watched the board for other picks that I could have been in. The only one Im not happy about that I missed was AMEP, all the rest have R/S or Diluted. Im glad that Im in a company that has done neither ,r/s or diluted, for over two years and that also has a very promising future.
Am I upset that these PR have been slow and half a$$ed, hell yes. But instead of just sitting and waiting, I have taken it to call Dougy my self, to find out about everything and that has only made me more committed to this company. Even when he says, the infamous word "Directly."
I say all that to say this, I can not blame any one for my actions. I can chose to go blindly or not into a company. Like you, I chose not. I know that ICMH has the potential and yes I do plan on flipping this in the future if Doug cant produce. But not on pr speculation but on market analysis and my own judgment.
Posts: 858 | Registered: Jul 2005
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