posted
I don't know what is going on with it. All of my picks tanked this week. I am thinking of selling off everything, taking it to sportsbook.com and putting it all on Bucky to win American Idol!
-------------------- bigboy Posts: 10 | From: Parts Unknown | Registered: Mar 2006
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posted
they have that game rigged too. I just watched CNN and it said people have machines that auto vote for people. The girl from that small town in georgia has had her votes beefed up because the local telephone company gave the town free text messaging. town population 6,000k votes from that town 11k. I wouldnt be surprised to see DC17 behind this too. =P
-------------------- drummer. rock and cash all that matter. Posts: 294 | Registered: Mar 2006
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posted
good big boy hhahaha mine too...my profolio went down by 70% today..!! ahha AHAHHHAhahahaha ahah omg!!!!!! i can't stop laughing at myself..!!
-------------------- i wish one day i would be rich but the wish is all in your hand!! Posts: 239 | From: New Jersy | Registered: Mar 2006
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posted
I feel like Vegas Vacation where the dealer tells Clark just to save the time, give him all of his money and he will take him in the back alley and kick him in the junk.
-------------------- bigboy Posts: 10 | From: Parts Unknown | Registered: Mar 2006
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posted
Hey guys. Yes Tick, I am new fairly new to trading. and I never intended to upset anyone, sorry if I did.
However, after reading the PR's, though partly vague, its pretty clear to me.
At the time of announcement, they valued JPHC at .005 and APOA at .02. However, it states that both values are subject to change. (and change they will).
The exchange rate is clear. JPHC share equals 1/4 of APOA share at 20 day avg. (we should be able to figure that out by day 18).
Thus, by the closing date, whatever APOA avg is, You'll get 1/4 of that. (JPHC will be priced at one quarter of that amount).
Therefore, to me, it seems a person would want APOA to be valued at a high price and to get JPHC at a low price at time of conversion.
Example: I buy JPHC at 006., then say APOA avg is .01 for conversion. ( My 1 share of JPHC is now worth .0025.)
SO, right off the bat, Ive made a 400% gain.
though I doubt MM's will let that happen, which is why you see APOA price dropping.
If believe whole-heartedly Im right on reading the Statements the sent out, but maybe Im not. Only the reader can decide I guess.
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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posted
Im not sure though if its definitive about whether this stock can be sold anytime, or we have to hold for a yr 1st, or if we have to hold for 2 yrs before you can sell.
Thats the part that really scares me.
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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posted
Chad, the way you're converting shares is wrong. See Vicki's post above. If you hold your jphc shares will be worth .005 at the time of conversion. If apoa drops to .005 then it will be a 1 to 1 conversion. If apoa is .01 then it will be a 1(apoa) to 2(jphc) conversion.
Basically, the more apoa tanks before the conversion the more shares you would end up with.
Posts: 434 | From: NEBRASKA | Registered: Feb 2005
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Ajman. I guess we are all interpreting it differently. oh well. As long as in the end we make money. right? Good Luck to all...I just hope we all can make a little green. Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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I'll put together a post for you this morning. Nobody is upset and I didn't have time to post more last night... but you made me smile, even a chuckle or two. Hope you didn't take offense at my comment.
quote:Originally posted by BigBoy: I don't know what is going on with it. All of my picks tanked this week. I am thinking of selling off everything, taking it to sportsbook.com and putting it all on Bucky to win American Idol!
Well if you are gonna bet on Bucky to win, you have already lost your money - He was already voted off.
Posts: 2554 | Registered: Nov 2005
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posted
Look at ETRD sitting on the Bid with 99999999. Think this is going anywhere for a while? Wht the hell don't they try to sell one more f'n share. What are they trying to say. I hate this. hateithateithateit.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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posted
All newbies start out upside-down, it takes less effort to empty their pockets that way. It's either a law or a disease, I'm not sure. Some survive and some don't.
OK, let's see if I can line this out for you...
First, when it comes to SEC filings, never read portions or summaries until after you have gone to edgaronline and read the entire filing. When reading them, keep the definitions in mind, usually found at the top of the filing and throughout the filing - usually in parenthesis, quotes, or both.
For example, I cut this from a few pages back...
At the Effective Time (as defined below) of the Merger, (a) pursuant to the terms of APO’s certificate of incorporation and the Merger Agreement, each share of Common Stock of Surviving Corporation issued and outstanding immediately prior to the Effective Time shall be converted into and become a right to receive one-quarter (0.25) of a share of common stock of APO (the “Conversion Price”) , subject to adjustment as described herein (the “Issuable Shares”), and shall automatically be canceled and retired and shall cease to exist. The Conversion Price is based on $0.02 per share, the market price of APO’s common stock at the time of execution of the Merger Agreement (“Market Price”). The Conversion Price shall be adjusted proportionately should the average closing sale price of APO’s common stock for the 20 consecutive trading days prior to the closing date be greater or less than the Market Price."
In the above paragraph, examples of definition... Effective Time is further clarified by (as defined below). uh-oh, not in this cut. Surviving Corporation is not defined in this cut and paste, uh-oh, not good. one-quarter (0.25) of a share of common stock of APO is further clarified as (the “Conversion Price”)
The last sentence in this cut can be read as...
The one-quarter (0.25) of a share of common stock of APO shall be adjusted proportionately should the average closing sale price of APO’s common stock for the 20 consecutive trading days prior to the closing date be greater or less than the Market Price.
You need to go to edgaronline often anyway and look for DEF, PRE, and other filings that don't necessarily get posted anywhere else. When I don't have time to keep up with sneaky stuff, I depend on *Magnetic*Microspheres* forum for reverse splits as a temporary shortcut. He's saved me a few times.
Is this making sense? I saw this (confusion) coming when we were back and forth yesterday. Maybe we need a sign 'All Newbies Clear the Room for a Moment'???
posted
Tick, the only that makes sense to me at this point, is nothing makes sense anymore. lol Ah well, I just hope that JPHC goes back over .001 in the next 10 days.
I do however appreciate your taking time to do research and entry. thank you.
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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posted
Looks like things will cause panic sell. Not sure how serious it will be. Just hope it is going up agin.
Posts: 221 | From: kentucky | Registered: Apr 2006
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posted
Repo, I almost just had a heart attack, I though thre was another 0 in there and you were selling BELOW the bid Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Today is a good day to set an alarm when the price is right and go do something else. I'm more positive this morning after seeing that gap at 0002 and 0003 filled by a few MMs. That was the gap the shorts were trying to hit. Take a look at the ask side. These guys have marked the territory in 100% gain intervals with retrace room. It's gonna be a rollercoaster ride up until the last.
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