posted
I've had an open buy order for a long time at .0002 but no takers yet. Probably have to bump it up to the ask to get a fill.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
| IP: Logged |
quote:Originally posted by dkinvest: Didn't someone say that this wasn't suppose to move until the 13th? Well if it is movin' now, Monday should be amazing.
Yes, I did say that and I'm sticking to it. If you consider this moving you're gonna cream yourself Monday. This will reach between .001-.002
That is 1000-2000% gain if you bought at .0001.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
| IP: Logged |
posted
I sold half to get my orginal capital back and am riding free shares. I'd imagine there was a LOT of that going on today. Once people are done protecting themselves there may not be many shares out there for sale (Well, relatively speaking, given the 400 bazillion shares outstanding)
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
Because the shorts are screwed + people want to get the dividend. In early february the stock spiked to .002 at one point. Not to mention a lot of people are giving PAIM some credibility now and believe it is not a scam.
Take a look at USXP, just a shell of a company and people chased it all the way to 4 cents.
I'm in the money...I'm in the money!
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
| IP: Logged |
posted
I would stay in until the xdate for the dividend. In the chat transcript with Pearlasia she said in the future they are considering possibly doing a conversion of the preferred shares. 2 common shares for every 1000 preferred shares. Which is essentially 2:1 split right now.
Say you have 1,000,000 shares, you would have 1,000,000,000 preferred shares. 1,000,000,000 / 1000 = 1,000,000 * 2 = 2,000,000 common shares you would eventually have. If the company is pulling out real gold then 6 months from now the PPS might be something like .003 and you could sell those 2m at that price.
Either way, dumping now is dumb. At least ride free shares until the xdate, which is the 15th.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by bobcat88: Sure has slowed down, did everybody have to go take a shower? or change thier pants?
Lunchtime lull. PAIM has slowed to a crawl for the past 2 weeks between 1130 and 1300. Usually picks up big again in the PM.
Rumor on ihub is another PR this afternoon. That will shoot this to .0004.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
| IP: Logged |
posted
Pearl Asian Mining Industries Announces NASDAQ Set X-Dividend Date Mar 9, 2006 12:29:00 PM Copyright Business Wire 2006 PASIG CITY, Metro Manila, Philippines--(BUSINESS WIRE)--March 9, 2006--
Pearl Asian Mining Industries, Inc. (Pink Sheets:PAIM) Reports:
The company announced today that NASDAQ has set the X-Dividend Date as March 15, 2006. The dividend of 1,000 preferred shares for every 1 common share held of record on March 17, 2006, is to be paid on March 31, 2006.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Pearl Asian Mining Industries, Inc.
---------------------------------------------- Pearl Asian Mining Industries Inc. Richard C. Miller 770-336-5824 or 678-570-6538 Fax: 877-317-4430 IR*PearlAsianMining.com www.PearlAsianMining.com or Philippines: +63-2-490-0140
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
| IP: Logged |
posted
SS i think MMs trying to get cheap shares here. People should be loading not selling for next weeks run. PAIM .0002X.0003
Posts: 50 | Registered: Mar 2006
| IP: Logged |
posted
Well it looks like the rumor was true, there is the PR lol
I agree DAY, MMs who shorted are covering their positions and other MMs are trying to buy low.
Trust the MMs ability to pump. First volume, then price.
My original prediction 3 weeks ago was week of the 13th that why buying at .0001 was imperative. I like to buy before the run not after it.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
| IP: Logged |
posted
I am selling all my other positions. Will put all money into PAIM PAIM PAIM PAIM . PAIM is going to have a big run.
Posts: 285 | Registered: Sep 2005
| IP: Logged |
posted
So is anyone keeping their position past the 15th to get the preferred shares? I am confused, as there are multiple opinions. What would be the best thing to do?
Posts: 2554 | Registered: Nov 2005
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
