posted
JerzeyDevil, Stick around and learn the games of the MM's. I have played many stocks with them and have grown accustomed to their abuse. Patience is virtue!
We all guess and hope but when the MM's want to run it, they will. All I know is that I have loaded my account and will be ready like I was for RSHN.
-------------------- I buy fast and sell faster!
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posted
In the dreamworld i'm hoping for a .01! But in the MM's world probably .003...JMO. It did that last year. But with the O/S at 8 billion! That is what's killing us. It all depends on the MM's mood.
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quote:Originally posted by Stockpile: In the dreamworld i'm hoping for a .01! But in the MM's world probably .003...JMO. It did that last year. But with the O/S at 8 billion! That is what's killing us. It all depends on the MM's mood.
I take .003 any day. I know many here would also. Who wouldn't want 10 times their money back. Holding my 15M long and strong. GLTU
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quote:Originally posted by ams545: 0006 u will c soon
Like I mentioned earlier, the Technicals look very strong and we just hit the Golden Cross. The barrier for the stock is .0006. If we can break that we could be off to the races. For now I'll take .0005. Slow and easy wins the race. Lots of potential here.
Sure there is risk, but like they say, the bigger the risk the bigger the reward. I guess that's why people play Power Ball even though the odds are enormous. I like my odds here alot more.
posted
I told you guys it was going to be a good monday!
May 22, 2006 (M2 PRESSWIRE via COMTEX) -- The Street Review
"Digital Descriptor Systems, (OTC: DDSI.PK) closed Friday at $0.0003 per share down 25% on the session. Volume was strong with over 463 million shares trading hands. On Friday, DDSI announced results for the period ending March 31, 2006. Revenues grew 485 percent, to $870,964, from first quarter 2005 revenues of $148,875. Gross profit rose over 450 percent, to $577,622, from $104,173 for the same period in 2005. All numbers are fully audited. "
-------------------- Though the luck may be gone and the brain shot, the liqour we still got! - Doug Coglan
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By M2 Last Update: 5/22/2006 8:03:22 AM Data provided by
May 22, 2006 (M2 PRESSWIRE via COMTEX) -- The Street Review is watching: Pacific Gold Corp. (PCFG), Digital Descriptor Systems, (OTC: DDSI.PK), WorldWater Power and Corp, (WWAT), Veridium Corp, (VRDM), RMD Entertainment Group. (OTC: RMDG.PK), and Metalline Mining Co. (MMGG).
Pacific Gold Corp.'s (PCFG) Black Rock Canyon alluvial gold mine is currently scheduled to begin gold production in the near future. The mine is owned and operated by a 100% owned subsidiary company, Nevada Rae Gold, Inc.
With the recent increases in the price of gold, PCFG revenues for the first twelve months of gold production at Black Rock Canyon, could be as high as $6 million with EBITDA of up to $2.8 million. With over 53,000,000 shares outstanding, EBITDA per share for the first 12 months production could be as high as $0.05 per share, and the P/E ratio could favor PCFG.
The Black Rock Canyon mine is located in Lander County, Nevada in the proximity of the Cortez Gold Mine, owned by Placer Dome and Rio Tinto PLC (RTP).
Geologist and engineering reports have placed the estimated resources for the Black Rock Canyon mine at up to 500,000 ounces of gold which would give a mine life of over 20 years.
On April 13, 2006, PCFG announced a convertible debenture financing of $6.1 million with a conversion price of $1.00 per common share. In 2005 PCFG completed $6.1 million in debt and equity financing.
With the recent increases in the price of gold, the Company may be positioned for potential growth at the Black Rock Canyon mine and at its 2 other gold projects, Fernley Gold and Oregon Gold.
In August of 2005 Pacific Gold Corp. (PCFG) issued a press release announcing that Pilot Mountain Resources Inc., a 100% subsidiary of the Company, has acquired Project W from Platoro West Inc.
Project W has a mineral deposit that contains up to an estimated $700 million of in ground resources, based on a feasibility study prepared by Kaiser Engineers and Union Carbide. Project W is primarily a tungsten (chemical symbol W) project located in Mineral County, Nevada, USA. Elevated tungsten values occur throughout the area, and there are known mineral resources within the claim area.
Pacific Gold Corp. is committed to acquiring and developing proven, undeveloped mineral deposits in North America. Project W, the Company's most recent acquisition, presents a unique opportunity for the Company and its shareholders due to recent economic developments in the tungsten market. The Company's mission statement is to acquire up to $2 billion of mineral deposits by 2009. With the acquisition of Project W, the Company estimates that it has achieved approximately 55% of its goal.
The Company is focused on gold and base metals operations and currently owns four operating subsidiaries. Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black Rock Canyon gold mine, located in north-central Nevada. Pilot Mountain Resources Inc.("Pilot Mountain") owns Project W, a large tungsten based deposit. Fernley Gold, Inc. ("Fernley Gold") has acquired the exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada. Oregon Gold, Inc. ("Oregon Gold") owns the Bear Bench claims and Defiance mine, located in south-western Oregon.
Other stocks of interest to watch on Monday, May 22;
Stocks of interest to watch on the OTC heading into a new trading week include:
Metalline Mining Co. (MMGG), climbed 49 cents Friday to end the week at $3.94 per share. Volume was strong trading nearly 600,000 shares on the week. Metalline Mining Company, an exploration stage company, through its subsidiary, Minera Metalin S.A. de C.V., engages in the exploration and exploitation of mining concessions in Mexico. Its products include silver, copper, lead, zinc, and other metals. As of January 31, 2006, the company owned 100% of the eight concessions total 7,060 hectares located in the municipality of Sierra Mojada, Coahuila, and Mexico. Its mining concessions include Sierra Mojada, Mojada 3, Esmeralda, Esmeralda 1, Unificacion Mineros Nortenos, La Blanca, Fortuna, and Vulcano. The company was founded in 1993 and is based in Coeur d'Alene, Idaho.
WorldWater Power and Corp, (WWAT) fell 2.25% Friday to close the week at $0.347 per share. Volume was around the daily average with 1.1 million shares trading on the day. WWAT announced Friday that the developer and marketer of proprietary high-power solar systems, has signed of contracts with homeowners in New Jersey and California to build photovoltaic solar electric systems to power their residences in parallel with their present electric utility company. The contract value of the systems in New Jersey and California is $160,540.
Veridium Corp, (VRDM) rose 2.6 cents Friday to end the week at $0.159 per share. Volume was on the light side for VRDM with 12.5 million shares on the session. Veridium Corporation, through its subsidiaries, provides various environmental management services to industrial organizations in the United States. The company's environmental services include transportation, distribution, recycling, and disposal services specific to the materials and processes of its clients for a range of industrial wastes; and field services, such as remedial, industrial cleaning, and other related services. It offers its services through four service centers located in Lowell, Sandwich, and Milford, Massachusetts; and Plainville, Connecticut. The company, formerly known as KBF Pollution Management, Inc., was founded in 1984 and is headquartered in New York City. Veridium Corporation is a subsidiary of GreenShift Corporation.
RMD Entertainment Group. (OTC: RMDG.PK) fell 15% Friday to close at $.0017 per share. Volume over the last two trading days was 430 million shares. RMD Entertainment Group, an entertainment company, engages in the production and distribution of hip-hop music internationally. It also markets other Hip Hop lifestyle products, such as branded clothing and accessories to its music audience. The company sells its music in compact disc formats, digital downloads, and personal ring tones for mobile customers, through a worldwide distribution network. The company was formerly known as Sciax Corporation and changed its name to RMD Entertainment Group in October 2005. RMD Entertainment is based in Bay City, Michigan.
Digital Descriptor Systems, (OTC: DDSI.PK) closed Friday at $0.0003 per share down 25% on the session. Volume was strong with over 463 million shares trading hands. On Friday, DDSI announced results for the period ending March 31, 2006. Revenues grew 485 percent, to $870,964, from first quarter 2005 revenues of $148,875. Gross profit rose over 450 percent, to $577,622, from $104,173 for the same period in 2005. All numbers are fully audited.
The Street Review is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. The Street Review profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release.
All statements and expressions are the sole opinion of The Street Review and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and The Street Review research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. The Street Review disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies.
Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. The Street Review is not liable for any investment decisions by its readers or subscribers.
Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in The Street Review profiled stocks.
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posted
A new MM showed up on the Level 2s today: MICA has their ask at 1 cent. Hmmmmm.
DOMS and PERT moved their ask to 0.0006.
Just 6 MMs on the ask right now. Most of them aren't actives, so once their shares are bought they will move off. The only active MM sitting on the current ask is UBSS.
-------------------- 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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posted
UBSS is holding firm * .0003; if he raises the bid this may begin moving... but then I've seen him hold down a position all day by him/herself!
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