posted
It means nothing....it's like having a 25 cent coupon for some peanut butter and the bottom of the coupon says it can be redeemed for 1/20th of a cent. It's just the par value of the common stock and means nothing to us investors/traders.
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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quote: Initial inquiries for the Oil America Group Limited Drilling Partnership have been overwhelming. Joe Christopher and his corporate counsel have submitted the documents for final approval. The Oil America Group Investor program will begin the week of the 20th of October. Potential investors will be notified when the program receives final approval. For more information contact: jchristoper*oilamericagroup.com or 972-386-0601.
That's from the press release on October 11th. Anyone have any more info on the progress of this program, and/or what specifically is 'began' yesterday?
Posts: 133 | From: Blacksburg, VA | Registered: Sep 2005
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They increased thier ask size to 10000 then sold 10000 shares to themselves at the bid.
Posts: 35 | From: Minneapolis | Registered: Oct 2005
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After rereading some of your posts, I don't believe you are. It sounds like you might care or have some concern for the little people. Which I believe an MM would not.
But it's not even funny to joke about it. It gives people a sour taste and they (including myself) will begine to second guess your posting and motives
Posts: 35 | From: Minneapolis | Registered: Oct 2005
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posted
It's a scare tactic. When (if) the ask gets to .075 the ask size will be 28,000. This gives people the impression that there are alot of shares to be puchased before the pps gets beyond that point.
Thus, people who are looking to sell today, will reduce thier ask price bellow that one, allowing the MMs to get more shares at a cheaper price.
Posts: 35 | From: Minneapolis | Registered: Oct 2005
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posted
to be educated about what the mms are going to do, would be reading their mind, not possible
Posts: 2329 | From: MD | Registered: Jul 2005
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posted
Not what they are going to do, but what they are doing.
The MMs do not know that you will sell because they put a little pressure on the stock.
But history has told them that you will (you being us small investors)so they continue to play thier games.
So, until the small investor is educated to the fact that these swings are just games, and allow them to understand how the MMs make money from the stock going down, this will continue.
Posts: 35 | From: Minneapolis | Registered: Oct 2005
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-------------------- Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible 'unt... me. -Brick Top Posts: 746 | From: Pawtucket, MA | Registered: Jan 2005
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posted
Will we get it back to 0.080 or even 0.0850 today? A little weekend present ?!?!
Posts: 274 | From: Germantown, MD | Registered: Sep 2005
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