posted
Does anyone have any clue as to whats going on? I know there is a split...but what is really happening?
Posts: 2024 | From: New Orleans, LA | Registered: Apr 2006
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posted
I think this was a ploy to make everyone cover their shorts. That's why the news only came out an hour before the open so the MM's didn't have a chance of planning a strategy.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
CRab, read the earlier posts...in 'theory' you could turn $ 2000 into $ 150,000 if what they said turned out to be approved and true.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
Oh...I honestly thought that was people just being funny, sorry about that, lol...
Posts: 2024 | From: New Orleans, LA | Registered: Apr 2006
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-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
Once we eat up all the shares the MM's will be begging for some which should send this through the roof.
Posts: 1086 | Registered: Oct 2005
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posted
The forward split "to raise capital" doesn't make sense. If they bought a OTC stock to merge into they will probably do it by issuing one share of the new company for many shares of CSJJ. So, IMO, this forward split crap is just another ploy to get more people to buy stock (dumping by CSJJ? Hmmm, that would raise capital).
My prediction is that the 150:1 split will be followed by a 1: 10000 or more reverse merger into the new shell.
-------------------- The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan Posts: 752 | From: Springville, Utah | Registered: Jan 2004
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quote:Originally posted by stockvaper: I think the O/S was around 3.7 billion. We should run thru most of that this morning. This is unbelievable.
there has to be more than that....if there were that many this thing would have run to atleast .0004 by now
Posts: 118 | From: Lethbridge | Registered: Mar 2005
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-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
On the free level II it looks like almost all trades are for 100000 or 900000. ????? Isn't that a little peculiar?
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
i don't know but if it happens to go through (150 for 1) i'm outta this one.
Posts: 118 | From: Lethbridge | Registered: Mar 2005
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posted
if all the O/S are traded the MM's will be looking for more and then this thing will take off.They could be selling this at 100000 and 900000 at a time that's why the trades look like that.
Posts: 1086 | Registered: Oct 2005
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posted
Don't worry Sam - We are at 2 billion trade already.If the Outstanding shares are gone the mm's will try to sell it for much higher so keep the faith and hopefully this will go up.
Posts: 1086 | Registered: Oct 2005
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posted
IMO the forward split would have to be immediately followed by a R/S which would shake out illegal shorts. I don't see how else they could do it, unless the share price rises a heck of a lot. By the way, you don't lose or make money on a split, either forward or reverse! This sure is interesting!!!!
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
I agree Vagabond.IMO i think they are trying to raise the price to a couple of cents to move to the OTC and then do a split to move it back to .0001.These things could take a long while and just trying to get people to buy so they have more Capitol to do this.The thing that scares me is that Scottrade won't allow any buys just sells.So that raises a red flag telling me that this is a scam and they know something or something completely different
Posts: 1086 | Registered: Oct 2005
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quote:Originally posted by Vagabond: IMO the forward split would have to be immediately followed by a R/S which would shake out illegal shorts. I don't see how else they could do it, unless the share price rises a heck of a lot. By the way, you don't lose or make money on a split, either forward or reverse! This sure is interesting!!!!
Vagabond
no. r/s is a ceo scam which benefits only the naked shorts.
these ceos get paid under the table to reverse their shares
Posts: 167 | From: Dallas | Registered: May 2006
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quote:Originally posted by DQ.: I have Scottrade and can trade it.
This guy can trade from Scottrade!!!
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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Vagabond
