posted
.0014? Did Santa put some crack in your stocking?
-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1 Posts: 476 | From: East Texas | Registered: Dec 2005
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posted
If you do your DD on RVMN, you'll notice a range from .0007-.0009 is typical, no matter what the volume is. Jumping to .0009 is not an indicator signaling a move to .0014.
-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1 Posts: 476 | From: East Texas | Registered: Dec 2005
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posted
First question is why anyone in their right mind would exercise a warrant at .0015, when they can buy all they want at .0007?? Is anyone here capable of calculating that?
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
Yes, the f/s is issued on 1/30/06. And by 1/31/06, you should see RVMN hit rock bottom like a heroin addict in desperate need of a fix.
-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1 Posts: 476 | From: East Texas | Registered: Dec 2005
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posted
i dont care if it goes to .0002 after the split with 2000000 shares now with the 5/1 split gives me 10,000,000 shares X .0002 = $2000 its only $400 profit but i will take it Thanks
-------------------- Derek S Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1 Posts: 476 | From: East Texas | Registered: Dec 2005
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posted
long as it stays above .0003 I will take a profit and have no problem with that
Posts: 722 | From: Asheville, NC | Registered: Dec 2005
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quote:Originally posted by stnkng1: what do you mean exercise a warrant at .0015 sorry dont understand
RVMN has been almost begging people to exercise their warrants (look up warrants to find out what they are). The warrants mean you can buy shares of RVMN at .0015 times however many warrants you hold. That being said, you can buy all the RVMN shares you want right now at .0007-.0009. Why pay .0015 when you can get them cheaper. Then, after the warrants are exercised, there will be a 5-1 forward split. This is where it gets hairy. You now have extreme dilution of shares, and the price will (IMO) drop like a rock. You will have 5 times as many shares, but the PPS will be DIVIDED by 5. To me that means no gain, and if the PPS then drops further, you have a loss. Next year when they want the PPS to go up again, all they have to do is a REVERSE split at 10-1 and the price goes back up. It's known as a pump and dump, and if you dont know what that is, you should put your money in CDs.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
stnkg1 I could be wrong but if you have 2,000,000 share now, After the split you will have 8,000,000 shares.
Posts: 722 | From: Asheville, NC | Registered: Dec 2005
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posted
It is, and you will have 10,000,000 shares....
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
are you 100% sure about that because I have 800,000 shares and my broker said after the split that I would have 3,200,000 shares not 4,000,000 shares. you get 5 shares for every one share you give. Im I under the wrong empression?
Posts: 722 | From: Asheville, NC | Registered: Dec 2005
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posted
Simple math....you are giving them 800000 shares, right? They are giving you 5 times that in return. 5 X 800000= 4,000,000 Somebody has their math screwed up. Ask your broker for an explanation of this. If I'm wrong, see below.
Oh, and if I'm wrong, I'd appreciate hearing your broker's explanation of how he comes up with his numbers.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
I wont sue you, you dont have any thing any ways. But I will sue my broker for trying to steal 400,000 share from a 91 year old man. I going to go down town a deal with that young cock sucker right now!
Posts: 722 | From: Asheville, NC | Registered: Dec 2005
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posted
I wont sue you, you dont have any thing any ways. But I will sue my broker for trying to steal 400,000 share from a 91 year old man. I going to go downtown and deal with that young cock sucker right now!
Posts: 722 | From: Asheville, NC | Registered: Dec 2005
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posted
No problem, wish you luck. The figures he gave you equates to a 4-1 split.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
Forward momentum means nothing if there is a cinder-block wall at the end of the run....LOL
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
should gap up nicely in the morning - if not i'm definitely selling that will be my cue for the last and final straw of this stock- it would be absolutely crazy for 50mil shares to be bought and the darn share price stays the same - if it runs tomorrow that should be our answer
-------------------- Please make me rich so I can buy all the pizza I want! lol Posts: 56 | Registered: Nov 2005
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