posted
You know what bugs me most about these huge OS POS's? Is that they can be legally shorted the same amount of the OS. For example, if there is a 1.8 billion OS, the float might be 1 billion, but shorters could pump 1.8 billion more shares into the market and the stock will still not appear on the SHO list. That means 2.8 billion shares could be trading in the market as if they were real shares.
Posts: 1468 | Registered: Jul 2005
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posted
It was nothing: copy-paste to Excel, sort, remove repeats badda bing badda boom! DONE! I figured it was best to this now before the list got too long and then really difficult to put together. Next time all we have to do is add subsequent entries onto the list.
Posts: 1468 | Registered: Jul 2005
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posted
Just one question, are these stocks that you guys have pumped and dumped and can no longer do that?
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
Explorer, I have a question.. why is USXP on the list? I was checking out the pink sheets, and unless I missed something, I don't really see anything bad about it. They had an R/S of 1:70 in 1998, but nothing since then unless of course they haven't updated that info? If not, where can I get the updated info? It's also showing the O/S is 718m which seems a heck of alot less than some others. Anyway here's a copy/paste of the company info:
USXP -- Universal Express, Inc. Com ($0.005)
Address: 1230 Avenue of the Americas Suite 771 Rockefeller Center New York, NY 10020 USA
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
USXP has been a hot potato on BB's IHub board for a while now. It's said it issues PR's almost daily to pump its stock, and dump shares. The chart confirms what has been said about the stocks.
Posts: 1468 | Registered: Jul 2005
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posted
usxb per 10q never trust pinksheets . com cover sheet
Indicate the number of shares outstanding of each of the issuer's classes of common stock as of the latest practicable date.
-------------------------------------------------------------------------------- Common Stock Outstanding at March 31, 2005 -------------------------------------------------------------------------------- Class "A" 1,526,116,223 Class "B"
Posts: 629 | From: new england | Registered: Feb 2005
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posted
Thanks Explorer and Bmax, that explains it much better! And yup, I see news on it almost daily, yet it never moves.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
Thx EX. That's a great list. Only UNQT needs more time to proof if it's a scam. What about CWFG ??
Posts: 425 | From: NL | Registered: Jun 2005
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posted
For the record CALI has changed hands and now has a new CEO, COO and buisness plan!
CALI Holdings, Inc. Signs Definitive Agreement with Marine Exploration Company 10/20/2005 9:20:01 AM ORLANDO, Fla., Oct 20, 2005 (BUSINESS WIRE) -- CALI Holdings, Inc. ( CALI ) announced today that it executed and closed under a definitive agreement with Sovereign Exploration Associates International Inc. (SEAI), a marine exploration company headquartered in Pennsylvania. SEAI, a privately held company, was recently formed through the merger of Sea Research, Inc., and Artifact Recovery & Conservation, Inc. As previously announced, CALI Holdings decided to strategically focus its business efforts on financing the recovery of shipwrecks that have cargo of historic, archeological and intrinsic value. SEAI brings executive management, skilled recovery teams, equipment and agreements for twelve (12) sites containing over 15 ships of historic, archeological and intrinsic value. CALI Holdings has applied to change its name to Sovereign Exploration Associates International Inc.
The agreement involved the exchange of SEAI stock for 90% of CALI stock and pursuant thereto SEAI became a wholly-owned subsidiary of CALI. The new management team will be comprised of key individuals from SEAI. Robert Baca and Curtis Sprouse of SEAI will assume the CEO and COO positions effective immediately. SEAI's web site is under development. Future announcements on the SEAI web site will address current site operations, artifacts recovered to date and future projects.
About CALI Holdings dba Sovereign Exploration Associates International, Inc.
CALI Holdings doing business as Sovereign Exploration Associates International, Inc. is a Business Development Company under the Investment Act of 1940 undertaking shipwreck exploration and recovery initiatives.
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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posted
Okay I place CWFG on the list, but VMHVF not yet. Although VMHVF is diluting somewhat, it doesn't have the volume and its financials say it might pull through.
Posts: 1468 | Registered: Jul 2005
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quote:Originally posted by RiescoDiQui: Learning to cut losses is a HUGE lesson. Set a stop loss at ten percent and stick to it. The caps are fitting for this next bit: NEVER NEVER NEVER NEVER NEVER NEVER (breath) NEVER NEVER NEVER EVER EVER EVER EVER FALL IN LOVE WITH A STOCK. You only buy stock so that you can sell stock.
posted
You people posting are only keeping track of companies. You should start a list of presidents of these companies that have shifted companies or started new companies to run the same way. That way you head them off before they start again, or at least warn people what they might be in for.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
Like, you guys just listed almost every issue under 10 cents............. It would be great to have a cross listing of all company officers so we could just do a name check and they would pop up on a list.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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posted
But I don't feel bad, only 2 of mine are here!
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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posted
You know the bad part of this issue is that the investor has to protect the investor, because it seems like nobody else is protecting us.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
IWISHIHAD exactly the point of this thread and the other one I just opened: investor protecting investor.
It is a tag team match with us long investors and good CEO's VS shorters and bad CEO's, while the SEC plays as the referee. On one side we want the markets to flourish and shareholders to make money, on the other side, they want the markets to crash and take our money. Might as well join forces to defeat the dark side.
Posts: 1468 | Registered: Jul 2005
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posted
thorn.. none that I know of. At least with under a buck issues. I can't even trade in 5 digets with scottrade, maybe only with a margin account.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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posted
I believe the otcbb evolved to increase liquidity in the stock market. And the penny play has always been a real gamble (as in gambling) There is nothing wrong with shorting a stock, as long as the stock EXISTS. So making money both ways is not a bad thing. I invest in pennies knowing full well the risks, so why should somebody protect me from myself? It's the SEC job to watch companies and slap their wrists because we cannot go into the boardrooms to watch them. It's my job to do my homework, I don't blame no one else. Back to blacklists.... what are the parameters again for making this list.... thanks
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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posted
stockster shareholders need clarity before they make an informed decision of whether to invest in a stock, instead of blindly jumping in because of a sugar coated PR. Clarity comes from experience and research. Clarity is what this thread is meant to provide.
We have an incentive not to allow the market's capital to go to waste by falling into the hands of scamsters. That can only be achieved by becoming informed and informing others. A lot of stocks are controlled by scamsters, and they are the ones we want to avoid. Whether you decide to use the information provided is your choice, but at least know it.
Only one criterion for being on this list: massive dilution, evidenced by the chart, filings, and trends.
Posts: 1468 | Registered: Jul 2005
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posted
Stockster5- I think the reason the penny stock became available was to promote business and to help the small busines to get finances they might never get if they had to get a loan. The idea was to grow business and investors could profit from their investments in these small companies. It appears that the sec. has no control over misleading PR'S or any of the other tricks that are played. If you are that informed great, you don't have to read any of this. I am open to any information that will help me invest better. I also don't like it when companies and CEO's take advantage of the system and abuse it.
Posts: 3875 | From: ca. | Registered: Jul 2005
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posted
explorer, I am curious as to your stance on RWNW, which you have listed here. I value your opinion.
Posts: 190 | Registered: Sep 2005
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posted
For the record, I'm not an excellent trader and I have lost way more times than I have won, mainly from not caring for DD and going at it with instinct/perception. However, once I know a stock is crap I stop promoting it.
Here is a post I made in reply to another post on BB's board on IHub:
Do you actually believe that BS? LOL I can't believe someone would actually right that BS. This is what will likely happen. Quote me on this after the RWNW R/S:
0.002 current price/2% = 0.10 ideal price after R/S
Shorters will then take it down to a third so the price starts off at:
0.10 * 1/3 = 0.0333
Then no one will want to buy it anymore, so the price goes down by another half:
0.0333 * 1/2 = 0.0166
Ultimately shareholders are left with 16.65% of their initial investment, that is, if you initially bought at 0.002. If you bought at 0.0025, you'll be left with 13.28% of your initial investment.
posted
FlipMe I don't like any R/S in penny land. NNGY was supposed to go big after its R/S, but it's now trading 70% less than what it would have been before the R/S. Until the split is done with, and the merger is complete, I would stay away from RWNW.
Posts: 1468 | Registered: Jul 2005
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posted
Thanks explorer. I have a chunk I plan to hold for a bit, I've always been a bit of a gambler, but I appreciate the input.
Posts: 190 | Registered: Sep 2005
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posted
Here's another, simpler way to look at r/s. You buy $10.00 of company A * .0001 = 100000 shares pps of A rises to .05. Great, $5K if you sell now. A does r/s 1 for 1000. You now have 100 shares. Your investment * .05 = $5.00. Pps would have to climb .10 just to get your $10 back. You may never recover your costs. 10 cents is a huge move in most penny circles. Want to know what the .10 gives you with original 100k? $10,000.00. Well, that's if you can really sell them. But looking at the historical charts of most pennies, pps seems to go down at least 70% of the time after r/s.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines.... Posts: 400 | From: Jupiter, somewhere out there | Registered: Jun 2005
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posted
I think that UNQT just bit the dust. 0x0 from what I can see. I don't get L2s for pinksheet stocks on Ameritrade.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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