quote:Originally posted by juice: g-invest i agree 100%, but buying back naturally reduces the shares out there correcT? so it can't sit at .0001 during a buyback, especially if this is a buyback to restore life into the stock, billions and billions of shares etc.... or am i wrong? i still am confused by this a bit. thanks
Yes buying back shares is tough to do when others are buying as well. That's why I said he'll be quiet. If there are no PRs and no promotional things run by QBID, then people will be selling and not buying. Once he's brought the O/S back down to 7 billion or so, he can release the audit and then it will really fly, but Frank isn't going to do that, and it'd take years to buy back even 40% of the O/S at .0001 if he wanted to do it quietly.
I would encourage those of you who are not intending to hold for several years plus to sell now. The likelihood of Frank selling and there being a R/S is very high right now. So high, it's pratically a guarantee.
G, honestly, normally you do have good thoughts and i respect your opinions much like many others do, but from time to time i think you use your reputation of knowledge to put your false understandings out and claim them as fact...
i truely do try and say when i may not be correct and when i know i am right...Rarely do i KNOW i am right, so i normally allow people to know i dont know everything about it...
But here you are so far from the truth its absurd and some people that trust and respect you have been completely mislead by your comments...
i am mainly disturbed by your comment that Frank would only buyback at .0001 and would take many many years....this is completely ridicoulous...and anybody with your claim of the market should apologize to the people that follow your opinions....
and i will say this is one thing i am pretty dang sure about...
there is probably about 15-18 Billion shares Frank could buyback from the float...and your telling me this would take many many years...???
There was 1Billion shares traded the other day basically all at the bid...who was buying those shares???now im not saying it was Frank, but lets assume it was....
WELL, then there ya go, there is 1 Billion shares he bought back in one day out of 15 Billion he needed to....
Today there is a volume of 600M thusfar....id be willing to bet that if Frank is buying back, he probably has bought back 65% of the days volume, so whats that another 400M shares...
Now divide 500M divided by 25% and you will get a conservative (very conservate) estimate of how many shares will buyback per day and tell me how many days it will take to buyback 15 Billion shares....
Thats not including that he could be buying back 80% of the volume per day, and not inlcuding majority of the days now are 600M-1Billion in volume...
So absolutely not many many years...its complicted buying back shares, but god no, he could buy back the friggen float in a month...
Correct me if im wrong. MT
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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quote:Originally posted by Dew-it: Still no real sells at .0004. We had one yesterday fro 999, one earlier for 50,000 ( i think) and another now for 20,000. And now we are back to 2X.0005 TDCM and E-TURD 9X.0006
----------------------------------------------- According to Ameritrade last sale feature it was 200,000 at 0.0004 15: 12: 14 hrs.
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
yep. you're right. I didn't add enough zeros.
quote:Originally posted by Dustoff101:
quote:Originally posted by Dew-it: Still no real sells at .0004. We had one yesterday fro 999, one earlier for 50,000 ( i think) and another now for 20,000. And now we are back to 2X.0005 TDCM and E-TURD 9X.0006
----------------------------------------------- According to Ameritrade last sale feature it was 200,000 at 0.0004 15: 12: 14 hrs.
quote:Originally posted by juice: that was my 200k!!!
(joke) hehe
------------------------------------------------ Not funny for the poor person that sold! LOL
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
.0014 - Please!! If you are an idiot, I must be the King Idiot. My avg is .0016 LOL!
quote:Originally posted by MillerTIME: ok guys im going to calm down about that talk, as it should be kept quiet for as long as possible if it is happening...
and i personally am not buying in yet, because i still think it may drop a bit more...
and please dont buy partially on my opinions, i am the idiot that has an avg cost of .0014
posted
Miller Time , my experience in pinks , when they say "they going to buyback" thats when they dump , and when they queit and no PRs for some time with high volume ..Thats when they realy buy back and you only know about it just after the fact (example was HISC) .
-------------------- T Posts: 236 | From: Midwest | Registered: May 2005
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posted
where is this dam audit! does VERT know? i wonder what he is up to that silly VERT. im going to start calling him BERT, or DIRT that sounds better
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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posted
just a quick history of VERT and how to complete the perfect dilution....
You obviously want to keep the buying pressure up right...so what VERT would do is stay constantly on the ask and sell Millions upon millions, but VERT would also be on the bid....
the thinig about this is this......
The first MM to appear on either bid or ask is the first to get filled and then once they are filled it goes to the second and third MM that came to the bid or ask and so on.....
So what VERT would do, is be the 1st on the ask, which means that he would be the only one selling on the ask, even if there was another 10 MM on the ask, but if they came after him they wait in line until he is done selling...
Then VERT would go on the inside bid as soon as 1 or 2 MM would go on the inside bid....so VERT would ALWAYS be bidding shares, but never would be buying anything because as soon as his turn was up, he would get off the bid with a 5000 share buy...
So it would look like VERT was both bidding and asking for shares, but it is how MM who dilute stock keep people stable...they think, well, VERT is also buying so he must not be diluting...
just a little info
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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quote:Originally posted by Honest Trader: Miller Time , my experience in pinks , when they say "they going to buyback" thats when they dump , and when they queit and no PRs for some time with high volume ..Thats when they realy buy back and you only know about it just after the fact (example was HISC) .
yes very true, very 'honest' good point Posts: 2794 | From: nyc | Registered: Aug 2005
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quote:Originally posted by CashCowMoo: where is this dam audit! does VERT know? i wonder what he is up to that silly VERT. im going to start calling him BERT, or DIRT that sounds better
posted
well maybe the company is going to be making its break even point and profit point much much sooner than expected. maybe he found a new source of money to buy back? this is a real possibility. you never know.....
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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quote:Originally posted by MillerTIME: just a quick history of VERT and how to complete the perfect dilution....
You obviously want to keep the buying pressure up right...so what VERT would do is stay constantly on the ask and sell Millions upon millions, but VERT would also be on the bid....
the thinig about this is this......
The first MM to appear on either bid or ask is the first to get filled and then once they are filled it goes to the second and third MM that came to the bid or ask and so on.....
So what VERT would do, is be the 1st on the ask, which means that he would be the only one selling on the ask, even if there was another 10 MM on the ask, but if they came after him they wait in line until he is done selling...
Then VERT would go on the inside bid as soon as 1 or 2 MM would go on the inside bid....so VERT would ALWAYS be bidding shares, but never would be buying anything because as soon as his turn was up, he would get off the bid with a 5000 share buy...
So it would look like VERT was both bidding and asking for shares, but it is how MM who dilute stock keep people stable...they think, well, VERT is also buying so he must not be diluting...
just a little info
post of the day, awesome analogy MT thanks!
Posts: 2794 | From: nyc | Registered: Aug 2005
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quote:Originally posted by Honest Trader: Miller Time , my experience in pinks , when they say "they going to buyback" thats when they dump , and when they queit and no PRs for some time with high volume ..Thats when they realy buy back and you only know about it just after the fact (example was HISC) .
ohhh i know your exactly right honest trader....
thats why when davidjanas said they were going to have a major PR yesterday i said "Frank better not be PRing anything big"
because i knew if he were to PR something big that he was not buying back...
but we have not seen a PR in 9 days and they are releasing the PR's after hours when they do have some....
They do HAVE to PR carrier announcements, but everything else they are keeping quiet...
and obviously the lower the price the less money and more shares they can buyback, and i do think we will probably go lower, but.....
if Frank is truely buying back the float, then he will: 1. stay quiet 2. not release the audit 3. buy massive amounts at everyprice while still letting the price fall...
So he may buyback on the way down.... 1.5B at .0006 2.5B at .0005 3.5B at .0004 4B at .0003 6 B at .0002 8B at .0001
and then buyback as it goes up to finiish things off...
so yes he wants it as low as possible but if you are going to be buying back multiple billions of shares, you cannot pick a certain price, you have got to do it on the way down and increase your buying back as the shareprice decreasees...
and you better bet the share price will still decrease as he buysback
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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As VERT is pushing this down, do you think the other MM's have any inventory of shares that they are holding? When the MM's know this is going to run, they load up with shares real cheap and then they can dump them higher. With VERT continually pushing this lower, the other MM's I am certain have let loose with their entire inventory and are empty. This has done two things.. added additional pressure to drop the pps, and also wiped out everyone's inventory.
Well, when VERT is done selling his restricted shares, the other MM's are going to be fighting amongst themselves to get the cheap shares. I do see this one really launching as soon as VERT is done with the restricted share sale(s).
Watching the pps fall, it is so typical of how the MM's work. They drop the bid ask... sell a bunch on the ask and then they raise it back up. Once the buying pressure subsides, they drop it again and if enough buying pressure comes in, they raise it back up. They keep doing this 2 or 3 or 4 times until when they drop the pps, the buys no longer come in so strong. Then people panick and sell at the bid before it goes any lower! The fact that VERT has so many shares to sell just makes it that much easier for him to do this!
I am still not buying until VERT is completely out of shares to sell!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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quote:Originally posted by Honest Trader: Miller , he can also issue fluffy one to get more cheaper ! LOL
LMAO..well honesttrader, the reason the pps would drop after fluffy PR's was because there would be a better buying pressure for VERT to dilute, but the selling pressure would overcome the buying pressure thus leading to a decrease in the pps
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
this is weird....about 9M go through in 7 different buys at .0005 and the ASK goes from .0005 to .0006??? Is this the range the MMs want to keep the PPS?
Posts: 1124 | From: DC/VA | Registered: Jul 2005
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