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What's the deal with the billions of shares in my account from the dividend? What are they worth, if anything? And when can I trade them?
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who knows all i know is this was nothing now it close at .0009. and theres a big screw up similiar to paiv. paiv was under .0007 i saw it didnt buy it. i watched it pass .001 to .002 and then BOOM to .01 immediately after a screw up on account where shares needed to be covered. similar situation, different stock. i don't have much just a few to dabble with and get lucky. rumor is a lot of folks are going to be buyin as much as possible while its this low. i remember paiv up like crazy im not gonna miss this one if its true. dont go in over your head obviously:)
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http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/8/t/021881.html? thats the old paiv thread when the fun started. people were issued restricted but were able to sell them openly, which is a huge problem, so ensued a buy back and so forth... sooooo many MANY shares had to be bought back.... in this case paim has to cover billions of shares sold that should have been allowed. peoplea re gonna get screwed and people are gonna make loot i think. but this time im not watching it either way, im in:)
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I was wrong about PAIM. Biggest scam in stock history!!! I sold some shares at .0003 which turned out to be the shares before the buyback!!! Broker told me they were shorted. Broker cut my losses to 10000 dollars today when they cover shares at .0008. They said stock will continue to rise but anybody that sold stock in last 3 weeks will have to cover their shorts. I will not touch this stock again!!! Also I will not post anymore on this web site. Good luck everyone!!!
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PREDICTION: If PAIM pulls a PAIV and the share price even comes close to touching a penny, Pearl, Elvira, The Easter bunny, Satan, whoever the hell runs the show, is going to flood the market with the billions and billions of shares that they just took away from people using those nifty little debtnetures. They will be laughing all the way to the bank. Of course, so will I so who am I to point fingers here. LMAO
-------------------- If ignorance is bliss, why aren't more people happy?
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Anybody has any idea how many shares are shorted? from 6-15 to 7-12, totally 2981782300 shares are traded, maybe not too many in short as PAIV did, but the short report is due this month, we will see, I will hold mine.
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i talked to scottrade and they told me i could be, but i had to place a limit price at what to buy at. would I just buy at what its ask is? sounded odd to me....anyone clarify that more for me.
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rock n roll. who knows how many billions of shares have to be covered, this is going to fly (all speculation after i sat watch paiv do the same thing lol)... looks like everyone putting in their orders so we're upticking premarket
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This thing trades in the most ridiculous way. I decided to throw a few bucks at this and put in an order for .0009. Trades went off like crazy at the open for .0008 and eventually I got a partial fill at .0009. But it never showed my order on Level 2.
While I'm standing by my statement that this will be nothing near what PAIV did, I figured it was worth taking a shot with a small amount. Good luck to all.
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