quote:Originally posted by E-Z: 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.
BKMP want to buy back their shares as cheap as possible, who wouldn't. MMs always want cheap shares. MMs know this will run once a PR states that BKMP has bought back all the shares they intend to. So we buy when MMs are buying, and sell when they are. Everyone right now, IMO, are buying cheap shares for the eventual run.
-------------------- 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
well not sure if this is good but now im in for another 5 million. my order for .0002 went through. i hope this aint another scam but i got a good feeling end of the week run or maybe even early next week. when people get frustrated and give shares back to the mm's at . 0002 then they will run it to .0005. hopefully hehe.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
| IP: Logged |
posted
I'd love to know who the mensa members are that are selling at .0002. Does anybody know the amount of shares that sold at .0002 today?
Posts: 882 | From: CA | Registered: Jan 2006
| IP: Logged |
posted
I'm holding 10 mill that I bought at .0002. Gotta go up sooner or later.
Posts: 798 | From: Malverne, NY, United States | Registered: Jan 2004
| IP: Logged |
i sure hope this isnt yet another pinky that buys back 160 million shares and issues a billion . how many times can companies continue to get away with that ?
good luck to all.
ten million long and strong.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
| IP: Logged |
posted
Stock Alert! > Blackout Media Ticker Symbol > BKMP April 13th Pick Price > $0.0002 High Since Alert > $0.0004 +100% Target Price > $0.002 Market Cap > unknown Industry > Media Disclosure > We Own Shares Rating > MONSTER BUY! BKMP - UPDATE STOCK BUYBACK! Blackout Media owns an interest in Blackout Communications, owner of The Fight Network television station. The station has been aggressively adding carriers leading to a growing consumer base. A major cable carrier in the USA could send this stock flying! The company is now buying back shares in the open market! http://www.otcbbtraders.com/
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
| IP: Logged |
posted
I think for those of you trying to call BKMP you need to add the canadian country code in before you dial the number because BKMP is a Canadian company
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
| IP: Logged |
posted
good night everyone. Let's wait for the big news
-------------------- Remeber! 99% of penney stocks are scams, but with only that 1% you can be rich Posts: 436 | From: University of Sounthern California | Registered: May 2005
| IP: Logged |
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
| IP: Logged |
posted
Theory on the street about BKMP is, the reason there was so much volume at such a low PPS yesterday was that the MMs are holding it low in cooperation with Sandy's buyback. He's trying to soak up some of the shares at a bargain price to help the PPS go crazy when US news is realeased.
Think about it: He'd want to get that all taken care at the lowest price possible, before any potential increases from positive news... At which point, the PPS will hopefully go so rediculously high that he couldn't afford to buy any more back ;-)
Posts: 160 | Registered: Nov 2005
| IP: Logged |
quote:News for 'BKMP' - (Blackout Media Corp. Announces That It Has Purchased More Shares Pursuant to Its Share Buy-Back Program)
TORONTO, May 03, 2006 (MARKET WIRE via COMTEX) -- Blackout Media Corp (OTC: BKMP) is pleased to inform its shareholders that it has purchased another 136,000,000 shares as part of the stock buy back program, this in addition to the 161,000,000 shares it announced on May 1st, 2006 that was purchased by the company, bringing the total share purchased pursuant to the share buy back plan to 297,000,000.
"We will continue to purchase shares at these levels and add to the corporate holdings of the company," stated Sandy Winick, President of Blackout. "Based on the numbers and market conditions we might even increase the share buy back program past the one (1) billion shares already committed for," he added. "A decision on that will be made in next few weeks."
About Blackout Media Corp.:
Blackout Media Corp. is a holding company with an interest in Blackout Communications who is a diversified media and entertainment company conducting operations in digital television, VOD, PPV, radio the Internet and print under the brand name "The Fight Network." The activities of Blackout Media Corp. are conducted principally in Canada and the United States.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
posted
well thats certainly where ive bet my money. ~BB
quote:Originally posted by yipching: Theory on the street about BKMP is, the reason there was so much volume at such a low PPS yesterday was that the MMs are holding it low in cooperation with Sandy's buyback. He's trying to soak up some of the shares at a bargain price to help the PPS go crazy when US news is realeased.
Think about it: He'd want to get that all taken care at the lowest price possible, before any potential increases from positive news... At which point, the PPS will hopefully go so rediculously high that he couldn't afford to buy any more back ;-)
posted
>>> Based on the numbers and market conditions we might even increase the share buy back program past the one (1) billion shares already committed for," he added. "A decision on that will be made in next few weeks." <<<
That says to me, don't expect US news for at least a few weeks. ;-)
Posts: 160 | Registered: Nov 2005
| IP: Logged |
posted
-"We will continue to purchase shares at these levels and add to the corporate holdings of the company," stated Sandy Winick, President of Blackout. "Based on the numbers and market conditions we might even increase the share buy back program past the one (1) billion shares already committed for," he added. "A decision on that will be made in next few weeks." http://www.thefightnetwork.com/ Buy back Billions of shares at these levels then when the USA Carrier News comes out we will go much higher
posted
Sub Penny radio right now is talking about BKMP. The host said that the MMs pulled the share price down to .0002 yesterday to allow the company to buy back shares. No dilution went on at all. If you were lucky enough to buy at .0002, it was a steel.
Posts: 1638 | From: Up North | Registered: Jan 2006
| IP: Logged |
posted
Yep. I agree with yipching. It makes sense to buy back at such low PPS. But this will definatly rocket with some big news. I seriously expect at least .05 in the next few weeks. Like i said earlier, BKMP is not supposed to be this low, this should ba .50 PPS stock. JMO
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
| IP: Logged |
posted
Does anyone have the outstandig shares? Total issued? Or does anyone Know who the TA is so I can call and find out, I think it's time to crunch some numbers and get the current "actual PPS" not the perceived PPS.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
| IP: Logged |
quote:Originally posted by megahead34: Yep. I agree with yipching. It makes sense to buy back at such low PPS. But this will definatly rocket with some big news. I seriously expect at least .05 in the next few weeks. Like i said earlier, BKMP is not supposed to be this low, this should ba .50 PPS stock. JMO
Yah dude, there are companies that are absolute scams, that have no product and every agrees, "Yup, scam," that have the same PPS as BKMP. It's unnaturally low.
There are a few people on other boards who insist that US news will come before June. I think your .05 guess isn't unreasonable, but who knows with these things...
Posts: 160 | Registered: Nov 2005
| IP: Logged |
posted
I'm glad he mentioned what the immediate goal was for the buy back amount, the one billion he said. Nord oil just announced the buy out is go, so I might make an offer on the entire fight network, after the deal is done, we'll see.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
| IP: Logged |
posted
I have told posters on several boards to stop their whining and be patient.
Why would they put out any great PR's until they are finished with the buyout, as it would reduce the number they will buy back if they have to pay a higher pps.
I hope the pps stays at this lever for another month or more if it means they can buy back 1.5 to 2 billion instead of just 1 billion.
Posts: 1 | From: Sarasota | Registered: Apr 2006
| IP: Logged |
posted
DIGDOUGH, be very wary of buyout anticipation. I have been burned by a few buyouts that turned out to be dud's, JPHC the latest. Consider selling on the way up, not holding for the best price possible, that rarely happens, as i'm sure your aware of. I wish you the best of luck though, I hope for your sake you get rich and make that offer for TFN.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
| IP: Logged |
quote:Originally posted by betting babe: Diggy Moneybags, can i have a new car, a nice yacht and the farm next to yours?
~BB
Babe, i'm gonna have to think about it, but I know the yacht isn't gonna float on a farm too good. Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Wink]](wink.gif)
![[Big Grin]](biggrin.gif)
![[Eek!]](eek.gif)
