posted
I can certainly say a stock can trade below .0001 because I sold some free dividends from PYCT. I sold it as a market order and it sold at .00001 a share, I was too pissed, but then again it was free shares.
Peraps we could sign an alliance with Google? Maybe that could be the one to take us over the hump. I pray and hope GOOGLE is the big announcement.
quote:Originally posted by BuyTex: true, stocks can *trade* below .0001--but prices below that can *not* be displayed.
True.
This stock has fallen below .0001, it displayed .0000. Since you can't purchase stock for zero (at least I assume you can't) you then have to assume that the price then becomes .000099, which like you said will not be displayed.
Additionally the price displayed never has to change from .0001 while in the range of .0000 and .0002. If it is at exactly .0001 it can move up 99% before a change is displayed. For that matter it is difficult to know where it is sitting at open unless you were keeping track for days, weeks, months.
In reality it is quite a large playing field.
Ball
-------------------- "It's a head game...climbing a mountain that is, 20% physical:80% mental." Posts: 104 | From: San Diego, CA | Registered: May 2006
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posted
They just need to launch the cable/vod and off they go.
Not sure when that will be but could be soon. If they are a legit company they should do well. One pr said the launch was a secret. Not sure what business reason to keep a media outlet secret, most want all the advertising they can get.
I am still cautiously optomistic. Most of these .0001 companies have a run in them. Might take a month, three months, a year. It will run if patient.
Posts: 660 | From: Kansas | Registered: Mar 2005
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posted
Hey Johnny! Glad to see you still keeping a pulse on this puppy.
Not sure what business reason to keep a media outlet secret, most want all the advertising they can get.
'Some' would appreciate it if all independent films would politely dry up and blow away. Post snipers on all fronts. If this thing turns out to be the no-kidding real-deal and they get the pieces in place for a full lauch, I just won't know what to think... I may even start believing in miracles, and pinks, and...
Would like to see independent film makers have their opportunity.
As long as I keep seeing this... 'Vision Works Media Group, Inc. and wholly owned subsidiary New Screen TV, Inc., the new independent film-dedicated TV channel, have announced... then I'm long and (cautiously) hopeful.
posted
I think it's a matter of time before we get NEWS AND THIS STOCK FLY. We are due news any day now since the divvys just taken place, we need uch more exposure. I am sure management has something in store, why else would they give us a 15% increase in FREE shares? There's some underlying news in the near future to get this stock up sothey and we can make money. At this level how much can the company profit from this stock? Not much if any, they would have to get the PPPS up inorder to get some value from it and as it rises we all profit. If the deals go through as they stated in te past then this stock could be a sleeping GIANT.
Everyone had the ability to buy this stock over the last few weeks at an amazing price .Some did , some did not & some even bashed .
Even when we descuss the facts I see people see the facts differently ...Well some do .
PR's are not always factual ... But putting out a PR is a fact { it is a fact a company put out a PR } Now then ...When the company follows through on what was stated ...Then that becomes a fact ..
Example ...
VWKM states a dividend in a PR . I do not assume but rather calculate they will do it and buy shares { bassed on other DD aswell } . Once the company pays the dividend it is proven fact . The company states { in a PR } that the april 1st launching of their programming on the satlite will lead to availability of their product to virtually all cable & fibre optic house holds in the U.S. . My reseach into this proves the availability of the programming so this to me is now fact . In another PR they have stated the signing of afiliates and in other PR's several more . This is the logical next step and to be proven will be stated in revenue and shown in financials .
You can clearly see that the facts are about to accumulate and as they do ...the hard core stubborn traders / investors move in . These are the people that pay a bit more but wait for facts to accumulate .
We are already in this stock ..so there is no " jumping in for us " ...only buying additional shares if we choose .
By the time the company proves the first " mega fact " ....stated revenue from afiliates .....this stock should be at a much higher price
Why much higher ...? Becouse the first level of revenue achieved will be " exactly that " ... Number one it will be ACHIEVED .. And number two it will be the FIRST level of revenue with more afiliates to go after .
At some point I think we will look at VWKM and say ...I wish we got into that back when ...
posted
ballyman writes: "Since you can't purchase stock for zero (at least I assume you can't) you then have to assume that the price then becomes .000099, which like you said will not be displayed. "
A test buy would likely be an expensive proposition, but might prove informative, assuming a broker would provide the data. However, a test *sale* would likely go through--a market order...
posted
Hey BuyTex, to 'test buy' like that you would need a broker that recognizes more than 4 digits online or get broker-assisted (phone) help. Unless I planned to put in for more than $1000 at one time, it's hardly worth it.
Two different things happening with those zero bids, though. If the pps trading is actually zero, that means it can range between .0000001 and .0000499. Once it hits .00005, then it's rounded to .0001. I'm seeing a lot of this type of trading between .0001 and .0002, and on up, also. That trading range is not meant to allow a fair trade. The other point has to do with trade corrections and volume crank up.
It's a head game, too, discouraging people from holding long.
I think I left a zero out of those numbers, but my point is still intact, I think.
posted
When I look at my Ameritrade positions, it doesn't show the Divvys. But, if I look at the gain/loss tracker it does show them. I can also see my PAIV shares
Posts: 81 | From: TX | Registered: May 2006
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posted
Well, I guess it is amazing then. My PAIV are not showing up as positions they are only showing in the gain/loss tracking area. I had a friend check and his is showing that way too.
Posts: 81 | From: TX | Registered: May 2006
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posted
My positions page in VWKM are showing what I have purchased but again the gain/loss is showing the additional shares now
Posts: 81 | From: TX | Registered: May 2006
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posted
Karma, this is a VWKM divvy. It hasn't been paid yet, for the reason wallymac stated. Anyone showing a VWKM divvy should either call their broker and ask about it or get real and knock it off.
Wise words coming from shall... buy and relax. I did the first part. Can I keep my fingers crossed now, or does that negate the benefit of relaxation? Just joking, but I like your post.
posted
Tick, believe me, I was surprised when I saw it. Like I said. When I open my position page it only shows what I've purchased but it I hit the gain/loss button it shows additional shares. My position page shows the 68M I purchased the other page is now show 79M. I can't explain why
Posts: 81 | From: TX | Registered: May 2006
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Divvies are shown on the balance and positions page on or soon after divvy pay date.
If you are referring to the GainsKeeper module that is available on TDA, that would explain some confusion. I, personally, don't like seeing that feature, and it is most often inaccurate. Especially with divvies.
I have some questions for TDA over previous events, and I will add a copy of this conversation to my request for explanation. If, in fact, you are referring to the GainsKeeper - please don't.
Due to the nature of my suspicions, I can wait until trading hours to follow up on this.
posted
I was hoping that some one else who uses TDA would check their account and see if it show the same. I know they (TDA) had issues with the whole JPHC merger thing. Just thought it was strange to see this too
Posts: 81 | From: TX | Registered: May 2006
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posted
I just checked and it is in fact the Gainskeeper section. Has this been an ongoing issue?
Posts: 81 | From: TX | Registered: May 2006
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posted
I have Scottrade and it shows in the Gainskeeper there as well. To my knowledge Gainskeeper is only there as an accounting tool and if you look in the account section the shares are not added and won't be until the 15th at the earliest.
The Gainskeeper is free through Scottrade. Even though I see them on Gainskeeper I they don't show in my trading account.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
wallymac, this smell fishy to you too, or just me? I've been watching this all year long, picking up divvies just to see how GainsKeeper treats them. And how the stock behaves before and after divvies.
Did anyone ever get a divvy that they felt they should not be entitled to? I did.
BTW, I use the posts as summary only, no cut and paste, no screen names.
quote: My positions page in VWKM are showing what I have purchased but again the gain/loss is showing the additional shares now -------------------------------------------------Anyone else using TDAmeritrade seeing the same
Yes, it is that way for me, too.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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quote:Originally posted by TickTrader: wallymac, this smell fishy to you too, or just me? I've been watching this all year long, picking up divvies just to see how GainsKeeper treats them. And how the stock behaves before and after divvies.
Did anyone ever get a divvy that they felt they should not be entitled to? I did.
BTW, I use the posts as summary only, no cut and paste, no screen names.
Not quite sure what to make of it but with what many went through recently with PAIV, I really don't like shares showing up like that. It tends to create confusion. I vaguely remember that happening once and I immediately called Scottrade and they rectified it.
Just a piece of advice for the board don't trade shares unless you are certain you are entitled to them and that they are free trading. Do your own DD on it don't take the word of someone who works for your broker. Those of us who trade online have different liabilities than those placing orders through the broker. Read the agreement that you signed when setting up the account. After reading the Paiv fiasco I read mine and realize I am 100% responsible for any trades I make that are not broker assisted. Don't take chances it's really not worth it.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
I don't care for 3rd party connections on anything, unless I initiate it.
But the JPHC shares were definitely converted to free trading PAIV shares at TDA, and truly tradable, not just listed in GainsKeeper. I hate smelly fish.
On that liability, though, there's some protection for traders because we have no control over mandatory changes, which includes symbol, name and divvy changes. Liability for at least the initial wave of selling cannot be placed on the trader - IMO.
Getting off topic... How do you guys do it? Oh, yeah, GOOOOOOO VWKM!!!
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