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LOOKS LIKE TO ME THAT THE BASE IS SET HERE BOYS..... PRETTY MUCH ALL OF US HAVE OUR ORDERS FILLED AND ARE HOLDING TIGHT.... HARDLY ANY ORDERS BEING FILLED THIS MORNING.... WHEN THE NEWS HITS AND THE WORD IS OUT.... THERE WILL MOST LIKELY BE A HUGE BUYING AND SELLING FRENZY..... THIS IS THE CALM BEFORE THE STORM.... KINDA EIREY!!!! WHATS GOING ON OUT THERE BOYS!!!!????
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9 times out of 10 companies increase the share value for listing by a reverse split and it usually ends up bad for share holders. At least in my experiences with reverse splits.
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The CEO has said in previous PR that he wants to take it to NASDAQ/AMEX. The will need to have their PPS higher for a certain period of time before they can make the move.
This is part of the NASDAQ requirements: Kat, I think this is what you're looking for.
For initial listing on the NASDAQ SmallCap Market, the preferred stock must have three market makers and meet the minimum $4.00 bid price requirement. For continued inclusion, the preferred stock must have two market makers and meet the minimum $1.00 bid price requirement. [Marketplace Rules 4310(c)(01) - market makers and 4310(c)(04) - bid] See Listing Requirements and Fees (PDF).
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yeah I got hosed on a reverse too. my broker actually called to let me know the day before. I was so new I thought well that's a good thing right? Duh. The company's now delisted and nonexistant as is the money I put into it.
-------------------- Never underestimate the stupidity of people in large groups.
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100 > I need shares 200 > I need shares badly but don’t take it down to get them 300 > Take the price down to get shares.... 400 > Trade it sideways based on Supply and Demand 500 > Gap one-way or the other, usually to the direction of the 500 trade. Sometimes -if in the middle -keep the price right where it is. 1000 > Don't let it run 2100 > Let it run 2500 > What ever
But blazing, what is 5150?
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
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MB...agreed.. I think one dollar can be obtained...but a good squeeze will be needed and all of us here on ALLs and RB need to hold our shares..the longer we hold, the bigger the run.. If we own most of the shares available.. and we have a good run and get noticed by bigger fish..then we will be in great shape IMO JB
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Man, let's just hit 0.01 first, and then we can worry about applying to the Nasdaq. If this thing hits 0.5, there won't be anyone left holding this stock IMO. Beyond that it's too risky for me...too much room for it to drop. And we'll still have the a-hole MMs fighting us all the way up. Until we wee the 10K and PRs, this all means nothing.
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how do u put a future sell ( lets say the it will worth 1 $ and i want to sell if it will go down to 0.8 ) that way i can assure not to loose all the profit.
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I can really only tell when I'm watching LIIs constantly, and see the changes, but right now it looks pretty even, with a slight edge toward sells.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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Viper, if they let you, just enter a limit order for $1, and check the good till canceled option. I say 'if they let you' because sometimes you'll get a message saying that price is too far from the current.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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WHG..you think Welch sent them a heads up about MOTG..maybe like an official letter from MOTG to them asking them to check up on this company? JB
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JB - From looking at their site I think buyin.net is contracted... and gets compensated. That is JMO, as I have heard nothing about it. Just before the buyin news was released I was told about another strategy to cleanup the naked shorts and make them accountable for their shares, which will be sweet justice.
Does "Delicious" fit here, Tech?
-------------------- Never underestimate the stupidity of people in large groups.
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Check out the 'GWGO Plans 5 Spinoffs' thread; the second to last message in there has a great PR about how that company is dealing with the naked short selling.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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JB - I was told no. they don't have any agreement with them. didn't know what they were. So they weren't part of the nefarious plan to bring down the shorts... My bad. The plan I know of is pretty darn good though!
-------------------- Never underestimate the stupidity of people in large groups.
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quote:Originally posted by MovingUp: The CEO has said in previous PR that he wants to take it to NASDAQ/AMEX. The will need to have their PPS higher for a certain period of time before they can make the move.
This is part of the NASDAQ requirements: Kat, I think this is what you're looking for.
For initial listing on the NASDAQ SmallCap Market, the preferred stock must have three market makers and meet the minimum $4.00 bid price requirement. For continued inclusion, the preferred stock must have two market makers and meet the minimum $1.00 bid price requirement. [Marketplace Rules 4310(c)(01) - market makers and 4310(c)(04) - bid] See Listing Requirements and Fees (PDF).
Does this mean, they expect the price per share to rise to $4 within 1 year?
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Just curious here, any opinions on why this doesn't look so good today after yesterday and the day before. My third acquisiton and the other two aren't lookin' too happy either today either. I still have faith in it, think it's gonna be fine.