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Originally posted by bingo2005:
BKMP This can go over .01 -

Just look where these went
Two of these are still over .01 and
the last 2 did go over .02

HISC,
PBLS
IBZT,
QBID

Short term - I am only saying it can

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Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004  |  IP: Logged | 

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Originally posted by DWE:
DIGDOUGH..... You think this is a hoax?

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Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004  |  IP: Logged | 

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Originally posted by The Bigfoot:
Tape,

There may be something else involved but couldn't a merger be reason enough? I like the idea that shorters were scrambling to cover their *sses. (Not that I don't like other things happening that drive the price up too!)

By the by, I think this goes without saying but some of the oldtimers are panning this play so I will say it out loud for all newbies to investing

"DON"T BE AFRAID TO TAKE PROFITS!"

If the company is up and up then you will likely be able to find a good buy price down the road. If it isn't on the up and up...nobody wants people to lose their shirts.

The best way to do this is to cover your bet. Using DWE as an example... DWE got in at .0007 for 1 mil. Wouldn't be insane to believe that the stock will hit .0014 on monday. If he sells 500,000 shares at .0014 then he still has 500,000 shares in case this runs, and he has his initial investment back minus fees. 100% or better is great, but remember that 20% is still above average!!!

I'm assuming most of you knew that already but hopefully that appeased Ric and Upside a little. (Not bashing you two, I know you have reps for a reason.)

Alright, sorry about taking the pulpit.

The Bigfoot

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Posts: 5729 | From: Wisconsin | Registered: Sep 2003  |  IP: Logged | 

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Originally posted by kilerb:
What do you guys think of what Upside was saying in the "Don't buy these stocks" thread? Here's what he had to say. Tell me what you guys think.


I wouldn't buy FCDH for exactly the reasons Ric stated above. They are currently in a massive pump and dump scam and while it went up today and might go up a bit more, it's going to drop like a rock real soon. Some people point to the recent dividends as proof that it's on the up and up. Those dividends are going to be worthless. I see people saying the restriction will be lifted in a year and that's true if you can get an opinion letter from the issuers counsel and pay a hefty fee to lift the restriction. After two years they will become free trading providing certain conditions are met. One is that the company must be fully reporting with the SEC. They're not and probably won't be two years from now. Even if they are, when all of those shares hit the market it will render the stock virtually worthless. This is the current popular method for a company to pump and dump their shares and I've seen it played out many times before. This company is following the formula to a "t".

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~~~~~What do you guys think of what Upside was saying in the "Don't buy these stocks" thread?

1) I would say it doesn't really matter anymore. The MMs have been gagged & bagged with their NSS.


~~~~~In contrast he states, "They are currently in a massive pump and dump scam".

2) He has no basis in fact for this statement. Usually this is an emotional tug at the impressionable amonst us all. Read back through this topic and the other FCDH topics and there is a plethora of substantiated facts that this is not a hollow pump. This is a live and growing company with a whole impressive roster of programs signing up with TFN.

One thing the MMs wanted this to be was a pump & dump, but they had their little A$$es handed to them on December 29th and tonight at closing. The new Name and Symbol go into effect Monday morning. Yes all MMs wanted this to be a pump & dump. The very fact MMs could not sustain low pps goes to show they did not cover and I am sure Sandy knows now who violated the law (NSS).

~~~~~Those dividends are going to be worthless.

3) Ask Nostradamus what will cause this. If Nostradamus is right:

a) Then the 15 oil contracts to be drilled in Russia this first quarter of 2006 will be worthless.

b) The work for the Bolivian Government which is already secured by contract, will also be worthless for Terra Block.

c) With Kachina Gold mine producing gold and gold at a 20 year all time high...this too will need to be worthless.

d) Any attempt to secure more oil contracts...housing contracts....and gold must all fail for Nostradamus to be correct in saying our SNYY/Amerossi dividends will be worthless.

~~~~~opinion letter from the issuers counsel and pay a hefty fee to lift the restriction.

4) This is a constructively false statement!!

~~~~~After two years they will become free trading providing certain conditions are met.

5) Another constructively false statement! Our dividends are restricted only for 12 months.

~~~~~One is that the company must be fully reporting with the SEC.

6) Nostradamus is in the area of non-sequiturs now.

~~~~~They're not and probably won't be two years from now.

7) I suppose we should send them over the Mexican border....eh? LMAO

~~~~~Even if they are, when all of those shares hit the market it will render the stock virtually worthless.

8) I like these little spots of inconsistencies.

Notice above 7) he states, "They're not and probably.....

Notice above 8) he changes his mind. he states: Even IF they are......
Sounds like Nostradamus is duplicitous...eh?

~~~~~Even if they are, when all of those shares hit the market it will render the stock virtually worthless.

9) Again, a false statement...it is completely dependent upon the pps in 12 months.

~~~~~This is the current popular method for a company to pump and dump their shares and I've seen it played out many times before.

10) False again...the company is not dumping anything!!!! Gaaaads.......

~~~~~This company is following the formula to a "t".

11) Yes, but its taking place in your own mind!!



GLTA
IMHO

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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

Posts: 970 | From: Montana | Registered: Jul 2005  |  IP: Logged | 

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Originally posted by Tape worm:
The real question is. Why did it move up to .001 in a hurry this afternoon? IMO it had nothing to due with a symbol change. Most have know for a while now that there was going to be a symbol change. Have been thru many of these symbol changes with no movement in the stock at all. Something else happened. But what happened is the question? Could it be that the company jumped in and started buying back shares. I myself do not think so. Something else happened and maybe something got leaked that maybe should not have been. I guess maybe we will find out Monday. No Pr's since 23 Dec. Got a total of 10 Pr's in Dec.

Now with this run up at the end of the day. Monday will take forever to get here.

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Posts: 58 | From: South Florida | Registered: Dec 2005  |  IP: Logged | 

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Kilerb: What is shorting exactly?

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Posts: 288 | From: South Florida | Registered: Oct 2005  |  IP: Logged |