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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » BKMP : Blackout Media Corp..BUY BACK STARTED TODAY (Page 6)

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Author Topic: BKMP : Blackout Media Corp..BUY BACK STARTED TODAY
megahead34
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Yahoo finance states O/S is 2.53 billion. I'm not sure how accurate that is.
http://finance.yahoo.com/q/ks?s=BKMP.PK

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logical buyer
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As of 4-1-06, 4.2 billion.


quote:
Originally posted by megahead34:
if it is 2.3 bil, we had over 1 bil buys just go thru last hour...Shouldn't the PPS be much higher now? Im so confused [Frown]


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megahead34
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Yes, this sudden volume rise is mind boggling. Whats more mind boggling is the PPS didn't move a bit.
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DIGDOUGH
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Ya 2.53 O/S thats the one I always heard. So somebody just boought almost half of the float?
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logical buyer
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Who ever is selling now, is an idiot. MM's pulling the price down.
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DIGDOUGH
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I'm glad i'm in oil and gold and gas right now. I was starting to feel like a couch potato with my tv stocks.
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logical buyer
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As of 4-1-06, 4.2 billion O/S.


No way anyone is getting in at .0001. This is not Qbid, Paim, and VWKM. .0002 is one hell of a steal.

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user095263
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hey LB where did u find that number? thx ~BB

quote:
Originally posted by logical buyer:
As of 4-1-06, 4.2 billion.


quote:
Originally posted by megahead34:
if it is 2.3 bil, we had over 1 bil buys just go thru last hour...Shouldn't the PPS be much higher now? Im so confused [Frown]



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SuperSniper00
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I do own some BKMP.

When price decreases with massive volume this is usually a huge signal that there is dilution going on. I really hope not but this could be a warning signal.

--------------------
*I'm not a financial expert or advisor, everything stated is my opinion*

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user095263
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actually SS, the price hasnt move. that's not a decrease, not an increase, it is called
"NO CHANGE"

just to be precise. [Wink]

~BB

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SuperSniper00
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no change? it opened at .0003 and was at 4/5 last week....i see 2 right now

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*I'm not a financial expert or advisor, everything stated is my opinion*

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logical buyer
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They just announced a 161 million buy back last week. No way their diluting. MM's are trying to scare people out of the stock.


quote:
Originally posted by SuperSniper00:
I do own some BKMP.

When price decreases with massive volume this is usually a huge signal that there is dilution going on. I really hope not but this could be a warning signal.


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megahead34
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On Scottrade streamer, so far all are green equal signs. Doesn't that mean buys? So if over 1.5 billion buys in a row just happened, shouldn't the PPS increase?
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DIGDOUGH
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4.2 bil O/S sounds like a serious cotradiction to a buyback. This winick dude for real or what?
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Time2drum
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Just tried to call Investor Relations to get up to date figures, but the answering machine is either full or system is on the blink, so I e-mailed them. Will tell all, IF I get a response. Bought in at .0002, hope to get more if it drops.
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SuperSniper00
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They said that but remember Sandy Winnick is in charge. Same guy who was listed as the secretary for PAIM. This is also a pinksheet stock so we dont exactly have the luxury of form 4's being filed to tell us if they are actually doing what they say they are.

Like I said I do own shares so I hope I am wrong, but it is definately something to keep in mind. MMs can hold down a stock if 50% of the O/S is being bought back.

Just be careful.

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*I'm not a financial expert or advisor, everything stated is my opinion*

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SuperSniper00
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quote:
Originally posted by megahead34:
On Scottrade streamer, so far all are green equal signs. Doesn't that mean buys? So if over 1.5 billion buys in a row just happened, shouldn't the PPS increase?

Usually yes, but all the green means is that the trade was on the ask.

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*I'm not a financial expert or advisor, everything stated is my opinion*

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logical buyer
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I think their just starting their buy back.
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user095263
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im quite positive that there were buys at 0002 last week and the week before, cuz i was sittin in a hotel room with nothing to do other than stare at my screen.
we saw 3 and a touch of 4 friday, but thats about it.

as long as this 1130a-130p odd trading pattern has gone on, for the past few weeks (i posted about it on the previous thread) weve seen 2s.

now whats that about being able to hold down if the buyback is 50%? and LB where did the 4bil figure come from? i cant find it.
ps.com still lists the old figure.

~BB


quote:
Originally posted by SuperSniper00:
no change? it opened at .0003 and was at 4/5 last week....i see 2 right now


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megahead34
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MMs can hold down the stock? How is that possible?
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megahead34
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haha, finally back up.
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logical buyer
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Shorting it, or mirror trading.
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logical buyer
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Another thread, said they called back in Feb.


quote:
Originally posted by betting babe:
hey LB where did u find that number? thx ~BB

quote:
Originally posted by logical buyer:
As of 4-1-06, 4.2 billion.


quote:
Originally posted by megahead34:
if it is 2.3 bil, we had over 1 bil buys just go thru last hour...Shouldn't the PPS be much higher now? Im so confused [Frown]




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BongLoad
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What I don't understand is why the MM's would short a stock that's trading at .0002? They can't drag it down far enough to make it profitible to short. When it was at .0015 a few months ago, I could understand shorting it, but now it doesn't have much further to go before it finds the dead-butt bottom.

--------------------
The more weedsmoke I puff the more dangerous...

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logical buyer
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I have been trying to buy at .0002 for 30 min., no luck. Anyone else get in at .0002 within the last hour?
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Time2drum
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Looks like trading has slowed considerably.
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megahead34
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Yes, that was strange. I need some answers on this. What is BKMP contact info?
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logical buyer
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I think those large blocks being bought was BKMP starting their buy backs.
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logical buyer
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Investor Relations:
Blackout Media Corp.
Telephone 416-987-2136
Fax 416-348-9418
E-mail ir*blackoutmedia.com


quote:
Originally posted by megahead34:
Yes, that was strange. I need some answers on this. What is BKMP contact info?


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Squire38
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quote:
Originally posted by Squire38:
MMs are gonna to keep it low to collect shares, BKMP gonna buy want they can. Once they are done doing the buy-back, the MMs let is run and sell all the cheap shares they buy. Everyone is happy except the ones that sold back at these levels.

If I was sleezy, I would also start to dillute once I released a PR stating the buy-back is completed. MMs win, BKMP wins, those that bought now and sold later win. So the only losers would be the bagholder that bought after the buy-back was completed. JMO.

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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.

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logical buyer
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Still can't get filed at .0002. That is a good sign. Perfect time for the company to finish their buy backs at the bargin price this morning from the MMs at .0002.
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Time2drum
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quote:
Originally posted by Time2drum:
Just tried to call Investor Relations to get up to date figures, but the answering machine is either full or system is on the blink, so I e-mailed them. Will tell all, IF I get a response. Bought in at .0002, hope to get more if it drops.

Received e-mail back stating could not deliver. Anyone else care to try?
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logical buyer
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To many positive things going on for BKMP/fight network now to screw the share holders over. Maybe a US deal on the horizon. No way dilution, just my opinion.


quote:
Originally posted by Squire38:
quote:
Originally posted by Squire38:
MMs are gonna to keep it low to collect shares, BKMP gonna buy want they can. Once they are done doing the buy-back, the MMs let is run and sell all the cheap shares they buy. Everyone is happy except the ones that sold back at these levels.

If I was sleezy, I would also start to dillute once I released a PR stating the buy-back is completed. MMs win, BKMP wins, those that bought now and sold later win. So the only losers would be the bagholder that bought after the buy-back was completed. JMO.

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logical buyer
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Try this info.

Blackout Media Corp.
6021 Yonge Street
Suite 212
Toronto, ON M2M 3W2
P: (416) 918-2209
F: (416) 227-9399


quote:
Originally posted by Time2drum:
quote:
Originally posted by Time2drum:
Just tried to call Investor Relations to get up to date figures, but the answering machine is either full or system is on the blink, so I e-mailed them. Will tell all, IF I get a response. Bought in at .0002, hope to get more if it drops.

Received e-mail back stating could not deliver. Anyone else care to try?

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E-Z
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Wouldn't the MM's want to raise the price if/when a buy back was announced?

I'm confused. Good thing I'm in this one for the long haul.

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