posted
i did indeed sell, and while i did not see it as a peak, i did see it as a significant gain.
and i've bought back in again low. and i expect to sell again high.
first rule- take your profits and dont fall in love with the stock. agreed it's got long term potential, but there will be rides along the way.
~BB
quote:Originally posted by Max Shrap: You don't make that money until you sell all your shares. Very few see .0015 as the peak. If you actually sold 8,500,000 shares at .0015 and pocketed that money, and got back in at .0004, the flipping Gods smiled on you and I bow to you. But I expect bigger things and am afraid to flip this one. I see it as a golden helium balloon that I am afraid to let go of, cuz I will never get it back.
quote:Originally posted by betting babe: Do I?
Let's see...
8,500,000 shares
in at .0005 and out at .0015
8,500,000 x .001 = $8500.
it's so meaningful it brings a sentimental tear to my eye Max.
~BB
quote:Originally posted by Max Shrap: You call that meaningful? My break even is .003. I think it can go to a penny and above if TFN goes world wide. Growth potential on this one is huge. Again, it is a marathon, not a sprint. USXP was the play last week. PYCT was the play Monday & Tuesday. And PAIM was the play today.
quote:Originally posted by betting babe: months to years max? we've already seen .0003 - .0018 in the past month.
posted
Call me crazy, but I can't play that game with this one. You got lucky. You got in at .0005. I got in at .006 and had to average down to .003. I got a bigger investment. I got other stocks to flip. This one is my keeper.
quote:Originally posted by betting babe: i did indeed sell, and while i did not see it as a peak, i did see it as a significant gain.
and i've bought back in again low. and i expect to sell again high.
first rule- take your profits and dont fall in love with the stock. agreed it's got long term potential, but there will be rides along the way.
~BB
quote:Originally posted by Max Shrap: You don't make that money until you sell all your shares. Very few see .0015 as the peak. If you actually sold 8,500,000 shares at .0015 and pocketed that money, and got back in at .0004, the flipping Gods smiled on you and I bow to you. But I expect bigger things and am afraid to flip this one. I see it as a golden helium balloon that I am afraid to let go of, cuz I will never get it back.
quote:Originally posted by betting babe: Do I?
Let's see...
8,500,000 shares
in at .0005 and out at .0015
8,500,000 x .001 = $8500.
it's so meaningful it brings a sentimental tear to my eye Max.
~BB
quote:Originally posted by Max Shrap: You call that meaningful? My break even is .003. I think it can go to a penny and above if TFN goes world wide. Growth potential on this one is huge. Again, it is a marathon, not a sprint. USXP was the play last week. PYCT was the play Monday & Tuesday. And PAIM was the play today.
quote:Originally posted by betting babe: months to years max? we've already seen .0003 - .0018 in the past month.
Pink Sheets LLC Announces an Innovative Quote-increment Pilot Program
Pink Sheets LLC is excited to announce an innovative quote-increment test planned to start on February 15th. We hope to determine appropriate quote tick sizes specific to OTC equities that will result in increased liquidity in Pink Sheets traded securities.
While “tick sizes” and quote increments on exchange listed securities have been widely studied and discussed, there has not been much work done in OTC markets. The Regulation NMS increments of $.01 for stocks over a $1.00 and $0.0001 otherwise, may not accurately reflect OTC market conditions or the needs of market participants. Especially since most NMS stocks do not trade at prices below $1.00 per share, while many OTC Equity Securities trade at such prices. Public discussion and academic studies are lacking in this significant part of the OTC market.
As such, Pink Sheets is working with Professors William G. and Nick Bollen of the Vanderbilt University’s Owen Graduate School of Management to conduct a test using securities traded on Pink Sheets. The test will impose small quote increments in a subset of Pink Sheets quoted securities. Professors Christie and Bollen will study the results to determine if those quote increments, or other increments are beneficial to Pink Sheets trading and liquidity, and if they should be implemented for all Pink Sheets quoted securities. See article by Christie on tick size increments at: http://tradersmagazine.com/articles.cfm?id=1&aid=1743&searchTerm=christie
The test is an experiment, and we are looking forward to ALL feedback from market participants on their experiences and opinions. The test in securities A through D will run for one month and at that time Pink Sheets will make a decisions regarding expanding the quotation tick sizes to all Pink Sheets securities, if there is a need to adjust tick sizes and/or to discontinue tick sizes.
Subscribers using the Pink Sheets can communicate trading interest in both price and size in the Pink Sheets; however, without any limitations on price increments; the value of communication with size is overshadowed by the ease at which prices can be marginally topped by a scalper. Tick size increments should balance the competing goals of increasing the display of size while not artificially widening spreads. In the Pink Sheets, market participants rarely publish greater than the minimum quotation size, indicating that larger quote publication increments could increase displayed sized and thereby improve the liquidity of the OTC market. Attached below is an article by Professor Christie on Tick Sizes.
The test will begin on February 15th in securities with symbols starting with the letters A through D. The quote tick sizes we plan to use are as follows*:
For quote prices above $10, a quote tick size of .05. For quote prices at or below $10 but above $1, a quote tick size of .01. For quote prices at or below $1 but above $.10, a quote tick size of .005. For quote prices at or below $.10 but above $.001 a quote tick size.0005 For quote prices at or below .001 a quote tick size of .0001
*The above increments will only be implemented in securities exclusively quoted in the Pink Sheets with symbols starting with the letters A-D. The increments will only apply to quotations; there will be no tick sizes, increments or other restrictions in Pink Link. Pink Link Order and execution messages will still be up to 4 decimal place precision.
**Our initial calculations indicate that, for quote prices above $10.00 per share, 97.5% of the inside spreads use whole increments of $0.05, and nearly 91% of trade prices are in whole increments of $0.05. For quote prices above $1.00, but at or below $10.00, 97.4% of the inside spreads use increments of $0.01, and 98.4% of trades use $0.01 increments. For quote prices between $0.10 and $1.00, an increment of $0.005 should be used, as quote and trade clustering is 96.6% for $1.00 quotes and 92.9% for $0.10 quotes. Quote prices at or below $0.10, but above $0.001 use increments of $0.0005 about 84% of the time.
This update will require no changes to broker-dealer systems. Pink Sheets Electronic Quotation System will automatically round down any bid price or round up any ask price to the nearest increment for any quote submitted that is not at an increment.
If you'd like to discuss this change, feel free to e-mail us at info*pinksheets.com or call our Trading Services Dept at 800 LIST OTC.
posted
By: Varok (POSTED ON RB) 08 Feb 2006, 02:12 PM EST Msg. 36270 of 36273 Jump to msg. # Good Afternoon,
I trust everyone is doing well and nice to see many posters making good use of this forum.
I have a pick that I think you will like and if you do your DD from the link below you will agree the potential to make some great wealth..
This issue is very much undervalued and shorty has been covering the last few weeks and it appears he may be about done..I expect anyday or in the very near future of great NEWS that the fightnetwork will be available in America near you on your cable channel.
*** BKMP ***
I have been following this issue since the symbol change from FCDH..
I have been acquiring and have a very large position..
Now I can give a target but in pennyland these targets are never based on fundamentals..What I will say is that this issue and if you look at the likes of USXP,GZFX,PLNI, and others,this issue, give or take about the same O/S and less in the float than the above..At this price of .0005 with their business model,you must agree that a price of .005 or higher is easily obtainable.
The problem was Shorty and from many investors who have been in contact with the CEO and the T/A the company is not diluting..Read the latest PRs for more info..
This is now a whole new company with a great business model and in my opinion and I'm sure many of you will agree,"One Exciting Fight Channel"..
Some of you are familiar with SPIKE TV and their version of KickA&& programs and this is the hottest trend going.
BKMP has the www.fightnetwork.com and is ready to come to America..The company is already and has been airing in Canada since Sept 2005..
They have hired a Market Media firm and Trijectory Sports to bring it to America and Europe.
This is hot and the perfect entry is now.
Here is a DD page and will explain everything you will need to know about this great upcoming fight Channel near you.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
Not knocking BKMP here but wasn't that Varok character one of the biggest pumpers of CMKX?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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quote:Originally posted by Max Shrap: What was CMKX, an oil drilling co. or something? I wasn't around for that one.
quote:Originally posted by Upside: Not knocking BKMP here but wasn't that Varok character one of the biggest pumpers of CMKX?
CMKX was (and still is) the biggest scam to hit the penny markets. They issued over 700 billion shares, pumped the snot out of their stock on bogus p/r's about diamond finds, ran a funny car on the national circuit for 2 years with the logo "Got CMKX?" plastered all over it and on billboards and had a group of pumpers that worked every known stock board. The stock has been revoked and sadly there are still people who believe firmly that somehow they are going to be millionaires off of the now non-existant company. Do a search here for CMKX and you'll find thousands of posts on it with some of the most wild claims and conspiracy theories you'll ever read.
Please understand that I am in no way equating BKMP to CMKX. My question was strictly about Varok from RB. If I'm not mistaken he was one of the most avid proponents of CMKX.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
To be honest, I don't know who Varok is, don't need his hype to get me up for it, but any positive words we can get out to potential buyers of this stock can only be good.
Posts: 882 | From: CA | Registered: Jan 2006
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posted
I sold 15m of the shares I bought at .0004 the other day for .0005 today. This is a good sign that they are buying shares at the ask. Still holding 10m for the long run.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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posted
Must've been on the ask huh KT? I never saw the bid that high. Nice. I think my average is probably .0007 or so though. I'd love to see us back to .001 again. So frustrating how the good news came out and we went down. We were inching up a lot beforrrrre the news. I know, buy on rumor sell on news. STILLLLL!!! Looks like things maybe turning around hopefully. GLTA
Posts: 1031 | Registered: Sep 2005
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quote:Originally posted by Upside: Please understand that I am in no way equating BKMP to CMKX. My question was strictly about Varok from RB. If I'm not mistaken he was one of the most avid proponents of CMKX.
I went to the RB site and checked out Varok. I found that he had posted 21 times on the CMKX board starting in 2004.
I don't find the fact that he posted 21 times in two years as an indication of a 'most avid proponent'. I did see at times where he was supporting his investment, but then everyone I know of does that. Probably, Varok took his 5 digit profit before it diluted.
That said, I believe what he posted about BKMP is something I agree with.
Perhaps 'upside' has been duped before as a 'most avid proponent'?
GLTA!!
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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quote:Originally posted by Upside: Please understand that I am in no way equating BKMP to CMKX. My question was strictly about Varok from RB. If I'm not mistaken he was one of the most avid proponents of CMKX.
I went to the RB site and checked out Varok. I found that he had posted 21 times on the CMKX board starting in 2004.
I don't find the fact that he posted 21 times in two years as an indication of a 'most avid proponent'. I did see at times where he was supporting his investment, but then everyone I know of does that. Probably, Varok took his 5 digit profit before it diluted.
That said, I believe what he posted about BKMP is something I agree with.
Perhaps 'upside' has been duped before as a 'most avid proponent'?
GLTA!!
Did you read my post? In particular the part that said "if I'm not mistaken"? Did you also read where I stated I was in no way comparing this stock to CMKX? If in fact he posted 21 times in 2 years then clearly, I was mistaken.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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ABC Regional Sports Sales, a unit of ABC National Television Sales, Inc., has been appointed exclusive national television sales representative for Trajectory Sports & Media Group, L.L.C.
It now handles commercial time and sponsorships for a range of sports programming distributed in the US by Trajectory Sports & Media Group, a New York-based international media and management company.
Content includes live coverage of the entire Canadian Football League season, the official weekly programmes of FIBA World Basketball (the International Basketball Federation), ATP Tennis (for the Association of Tennis Professionals) and ICC Cricket World (for the International Cricket Council), as well as soccer, motor racing, horse racing, boxing, sports comedy and a documentary series leading up to the soccer World Cup.
Trajectory Sports & Media Group also distributes a year-long 60-second vignette series featuring major sports events that occurred on that day. Other packages include a focus on the 2006 World Cup soccer teams, as well as general interviews and highlights of historical moments.
Under the agreement with ABC, Trajectory gets access to a national and local sales strategy, along with client and agency relationships. It is also said to benefit from research, marketing and promotional tools available from ABC.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
Actually, this thing has been poised to run for a long time. I'm not worried. IMHO it's only a matter of time.
Posts: 234 | Registered: Jan 2006
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posted
anything new expected on this one?? Looks ready to run, but needs a flame to light it.
Posts: 1313 | From: Florida | Registered: Jun 2005
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quote:Originally posted by mbmaid: This one is poised to run today, IMHO.
Why?
-------------------- 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
This looks like it's turning around guys. Huge buys coming through and we've upticked. UFC was talking to TFN this week and I've been watching this stock very closely. It appears the manipulation has stopped and they're going to let it run. Check out the chart, you can see all kinds of accumilation were happening last week IMO. Anyway, that's just my 2 cents, and I think this could be good now. Only time will tell. Watch it though...
Posts: 1031 | Registered: Sep 2005
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posted
I know it seems like forever, and everyone here is a bit impatient.. including my.. but consider this.. it was only.. exactly.. one month ago to the day that this hit .0015. When it finally does kick in again I suspect/hope.. it will do much, much better. Hang in there!!!!!!!!!!
Posts: 234 | Registered: Jan 2006
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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
Team Sleep... When did you get in? I've never seen it at .0014. Must be well into the FCDH days, right?
Posts: 1031 | Registered: Sep 2005
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posted
I got in on 12/22/05 when it was still FCDH... 200,000 shares at .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
Well hopefully we'll get back up there and beyond. Good luck. The trading pattern has definitely changed. We'll see what happens!
Posts: 1031 | Registered: Sep 2005
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posted
I remember when this thing was .40 in a pump email. Then I remember when Sandy bought 2 million shares at .02 in a PR. I started buying at .006, when it looked like they were getting Terra Block contracts and Kachina Gold was reporting projected earnings. Bought more at .0009 when they first announced a deal with The Fight Network. Then bought about 5 mil at .0005.
Posts: 882 | From: CA | Registered: Jan 2006
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posted
I've worried and fretted about other stocks, but not this one. Maybe I'm wrong, but this being my biggest hold I am just going to wait it out. Good luck all.
Posts: 234 | Registered: Jan 2006
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posted
Yeah Runningscared, pretty much have all my money on this one too. Good luck, I hope we explode.
Posts: 1031 | Registered: Sep 2005
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posted
Hey Budgetbob.. if you actually bought in at .00007 you're rich I think you meant .0007.. which, by the way.. is a good price. Congrats!
Posts: 234 | Registered: Jan 2006
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Looks like things maybe turning around hopefully. GLTA
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