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well since they are accumulating, the only way for them to make their money is to obviousely raise it...if not today, hopefully next week..if nothing...well god damn
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That post on ihub doesn't really fit the situation we have with paim.. THey are just taking some facts and trying to make it fit.. Did not say anything about the restricted shares not being returned from the brokers? Hmm.. That is the whole point here. Sure paim should be worth a cent or more when the buyback is finished and the shares are delivered from the brokers.. But the short shares is reason most people are in this.. Most dont care if paim finds gold or not. Some people have got letters from their broker about having to cover because they sold restricted shares. Ameritrade make a mistake and let people sell restricted shares.. Look at this user's post history. This poster is another one of those "Im trying to save the world from scams" people. I am tired of seeing these people on forums.. IF they want to do something to help society they need to go volunteer at their local red cross and get the hell off the forums. Or donate some of their mega cash (since they are stock gurus) to a good charity. In the last few months idiots/people sour on life/false prophets like this have cost me several multbaggers.. Its easy to find things wrong with a stock. They can say what they want and just disappear if the stock goes up. They will only come back if things get bad to try to appear as a prophet.Some might not even hide they will just keep spouting their endless bs no matter how the stock does. Any one new to investing beware of these "stock prophets". As they will do just as much damage to a newbie as a P&D pumper or the lowlife basher. What I have learned is that if you hold a penny stock too long or get in too high you will loose money.. Most of the time greed is the reason one holds too long. I have let greed get the best of me at times also.
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quote:Originally posted by pennyman33: That post on ihub doesn't really fit the situation we have with paim.. THey are just taking some facts and trying to make it fit.. Did not say anything about the restricted shares not being returned from the brokers? Hmm.. That is the whole point here. Sure paim should be worth a cent or more when the buyback is finished and the shares are delivered from the brokers.. But the short shares is reason most people are in this.. Most dont care if paim finds gold or not. Some people have got letters from their broker about having to cover because they sold restricted shares. Ameritrade make a mistake and let people sell restricted shares.. Look at this user's post history. This poster is another one of those "Im trying to save the world from scams" people. I am tired of seeing these people on forums.. IF they want to do something to help society they need to go volunteer at their local red cross and get the hell off the forums. Or donate some of their mega cash (since they are stock gurus) to a good charity. In the last few months idiots/people sour on life/false prophets like this have cost me several multbaggers.. Its easy to find things wrong with a stock. They can say what they want and just disappear if the stock goes up. They will only come back if things get bad to try to appear as a prophet.Some might not even hide they will just keep spouting their endless bs no matter how the stock does. Any one new to investing beware of these "stock prophets". As they will do just as much damage to a newbie as a P&D pumper or the lowlife basher. What I have learned is that if you hold a penny stock too long or get in too high you will loose money.. Most of the time greed is the reason one holds too long. I have let greed get the best of me at times also.
I'm in this stock big-time but the point is to give more than one side of the story.
-------------------- The difference between genius and stupidity is that genius has its limits
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now that more than one broker firm is restricting the online buys...i see the volume decreasing next week. I just wish we could get a little more info about this whole buyback/conversion/shortage/coverage crap so we can at least "try" to predict anything" im still in holding to my 0.0022 entry
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Posted by: miami_vice In reply to: EricG who wrote msg# 16799 Date:7/28/2006 9:01:22 PM Post #of 16803
I called scottrade earlier and they admited to having problems. That you could only call in to place order.
I asked him why this was, and why ameritrade was having same issues throughout the week, and brought up the question about shorts. He paused and said "i duno" in one syllable. I asked him if he really didnt know, or that he said i duno because hes suppose to not know. and he said "i duno" in one syllable again.
He seemed pretty eager 2 get off the phone once i metioned the word short, but w/e, you guys can take it how u want. I will take it how i did.
something is up.
-------------------- "Simplicity is the ultimate sophistication"
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I will try to call Scottrade too - my local broker knows me now on sight (newbie running in and out adding $) so she might accidentally slip...;-)
-------------------- Study before you buy, Sell before you think about it....
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I have been able to place my sell order online with Scottrade for a maximum of .04, as Scottrade's limitations will not let me enter a higher price, otherwise I'd have it set at $.10.
As it is, I plan to raise my sell price at the trading pps climbs.
Otherwise I have experienced no problem at Scottrade blocking the placement of orders online, yet, and I hope I do not else, I'll be on the phone to them in a heartbeat.
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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I had a friend try to place an order at about 9:30 central time for it through scottrade and it said he had to call. He could not do it online. About 45 min before that I was able to place my buy order...and got in at .0025
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quote:Originally posted by BuckyBarnes: I have been able to place my sell order online with Scottrade for a maximum of .04, as Scottrade's limitations will not let me enter a higher price, otherwise I'd have it set at $.10.
As it is, I plan to raise my sell price at the trading pps climbs.
Otherwise I have experienced no problem at Scottrade blocking the placement of orders online, yet, and I hope I do not else, I'll be on the phone to them in a heartbeat.
Are you kidding??? Thats the most ridiculous thing Ive ever heard. And it makes me think....why would they give you a limit on the sale...and at such a low PPS? Could it be that scottrade has tons of shorts out there? Its the only logical explanation. I dont even know if its legal with these parameters...LMAO!!
I would tell them to first suck a fart out of my ass..THEN.. to acat my account over to AB Whatley (I use them) call 646 753-9301 ask for George. They only charge 5.50(with breakpoints for cchurners like mysef) a ticket and on top of that there system DESTROYS everyone elses. Ive been using there system for 6 months and only went down ONCE...thats and insane stat. Ive been doing this for 9 1/2 years and went through alot of systems.
-------------------- "Simplicity is the ultimate sophistication"
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So what does everyone expect to see this week....Realistically? Think we're gonna tank? Move up? Stay the same? Continue the ridiculous trading patterns? Settle down?
Emotions aside, I'm just curious what everyone thinks. I personally hope it skyrockets and we have a great week, but I have a bad feeling that it's not gonna be the week we're all hoping for. Hope that feeling is wrong!
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quote:JerZeyDeViL Member -------------------------------------------------------------------------------- So what does everyone expect to see this week....Realistically? Think we're gonna tank? Move up? Stay the same? Continue the ridiculous trading patterns? Settle down?
Yes, I think that's exactly what it's going to do. Except that last one.
-------------------- Me Trade Pretty One Day.
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quote:Originally posted by JerZeyDeViL: So what does everyone expect to see this week....Realistically? Think we're gonna tank? Move up? Stay the same? Continue the ridiculous trading patterns? Settle down?
Emotions aside, I'm just curious what everyone thinks. I personally hope it skyrockets and we have a great week, but I have a bad feeling that it's not gonna be the week we're all hoping for. Hope that feeling is wrong!
I have the same bad feeling actually but i hope it flys...i still have sum in here and wish to get some more loot