posted
I called Mr. Anderson this morning and left a message stating we appreciated the PR updating all on the SEC situation, but he may not be aware of the HUGE price increases in energy stocks lately and recommended he expedite, if possible, trading ASAP, so that he, as well as all of us, can make a substantial amount of money. Then, I come home tonight and see a trade, although .0001 isn't exactly what I had in mind. At least there was some movement. So, who knows?
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
"If the ask is a nickel, then there's gonna be one serious reverse split, IMO"
Again, why would there be a split?
I've seen asks range from .0001 to $2,000 on a pinksheet stock.. It changes like the wind. And means nothing...
Anderson said 325,000,000 right after an SEC inquiry and halt...
Not really worthy of a split and I am assuming the A/S is 1.5 billion?? Were not there yet,,,,,
If there wasn't 325,000,000 like Anderson said, especially after the SEC intervened, then that would be like OJ, Simpson telling the courts,,,,,,,,,,ok bad example..... Let me think about this one for a bit.........
Posts: 793 | Registered: Aug 2004
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posted
Hmmm, looks like we're trading again? Ameritrade has accepted my order to sell at .002 and it looks like someone sold 560,000 at .0001 today.
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
what the hell went on with this today. was anyone able to buy anyhting between .0001 and .0010
Posts: 22 | From: los angeles | Registered: Aug 2005
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posted
Weird....A $10 trade yesterday and we end up at .0001, which I had a feeling was going to happen anyway. Then today it bounces all over the place with some very unexpected volume and several trades and ends up at .001. Would someone really have bought shares at these prices? Do you think it's someone just messing around or what are your guys opinions?
And I see Time said Ameritrade accepted his sell....I use scottrade and it stills says that it's unavailable for trade online. This is one confusing situation!
Posts: 596 | From: New Jersey | Registered: Apr 2006
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I see from this board and others that Scottrade seems to be the only one that won't allow you to trade this online. You gotta call it in and you'd get charged the brokerage fee which is B.S. but that's prolly their plan. Just wondering if it's gonna stay that way, or once things settle down will they resume online trading of this stock? Anyone ever experience something like this before?
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
I think you have to get use to that jumping around it appears when your on the grays that is what happens look at SSTY.
Posts: 3875 | From: ca. | Registered: Jul 2005
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It would seem like there would be a news release on the SEC pages but I have found none.
Posts: 9 | From: San Jose, CA | Registered: Mar 2006
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Geez...pretty high volume for being on the gray sheet? 43 millionish....what's going on here??
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
If there is a pretty good chance this ones a scam like most people think and like it would seem, why would there be so much volume already? Just seems weird looking at all those big buys that came in today at those prices...and so much volume for only the second day that there's been trades since last month. Do you think someone might know something that we don't? Maybe some insider buying? Or MM's playing with our heads. I thought that was the case yesterday, but with all the trades we saw today it's baffling.
One last question for the more experienced. Aren't there alot of MM's out there that are still stuck with a boatload of shares themselves??? I keep hearing that in order for this to trade again, they would have to fill out the proper paperwork and everyone keeps saying that it's highly unlikely that they will do that. But if they are stuck with all these shares themselves, why wouldn't they want to get this thing trading on the pinks again?? I'd really appreciate some insight if anyone knows.
Posts: 596 | From: New Jersey | Registered: Apr 2006
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quote:Originally posted by invester: Just got off the phone. The Transfer Agent called the company, and no further issues. The outstanding is still at only 325m. Fantastic news. Call for yourself. The T.A. Phone #647-722-9581
Post from April 4th.
Will call on Monday and see what's up?
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
Hey DQ, if your sell goes through with scottrade, do you get charged the brokerage fees? Or do they waive it since they won't allow u to do it online in the first place?
Posts: 596 | From: New Jersey | Registered: Apr 2006
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