posted
JIF, I know you are smarter than that, why would you throw 2 grand down the toilet like that when this thing is trading at .0001 99% of the time. Not even the fact that 3 billion shares have traded this week has kept this thing at .0002 for more than a few minutes at a time. Did you try to buy at .0001 first?
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WOW... I would have sold you that many of my shares for .00013 for JUST A FEW $$$ PROFIT Man did I miss out! And you could have really got a bargin
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quote:Originally posted by LeeroyDollar: JIF, I know you are smarter than that, why would you throw 2 grand down the toilet like that when this thing is trading at .0001 99% of the time. Not even the fact that 3 billion shares have traded this week has kept this thing at .0002 for more than a few minutes at a time. Did you try to buy at .0001 first?
Well, it was actually trading at .0008. I waited for it to move down to .0004. I bought at .0004 and sold at .0005.
I bought back in at .0002. It's been sitting at the bottom for months now. And I'm just sitting and waiting for it to move again.
It's that simple.
-------------------- You can't afford to risk, what you can't afford to loose.
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I dumped this POS a long time ago and was lucky to break even in the process. And throwing 2 grand at any triple-zero is just asking to go bust.
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quote:Originally posted by LeeroyDollar: JIF, I know you are smarter than that, why would you throw 2 grand down the toilet like that when this thing is trading at .0001 99% of the time. Not even the fact that 3 billion shares have traded this week has kept this thing at .0002 for more than a few minutes at a time. Did you try to buy at .0001 first?
Well, it was actually trading at .0008. I waited for it to move down to .0004. I bought at .0004 and sold at .0005.
I bought back in at .0002. It's been sitting at the bottom for months now. And I'm just sitting and waiting for it to move again.
It's that simple.
I see. I misunderstood. I thought that you meant that you had bought at .0002 on Friday. I didn't realize that you meant several months ago.
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To anyone who can see l2's for this symbol, ......Were the opening transactions at .0002 this morning coming from selling pressure or buying pressure????? TIA
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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I noticed in the other JMCP thread, someone mentioned the stock would be worthless after the dividend. I am just checking to see if you all believe that is the case. I have seen that mentioned a few times I think.
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from another board--------------------------------------------------------------------------- ----------------Posted by: eaiea In reply to: None Date:11/13/2006 2:35:49 PM Post #of 5248
An email response:
I wrote...
"Taylor,
JMCP has traded over 2 billion shares in the last two days. Mr. McGovern has stated that he “disapprove(s) of pump-and-dump schemes”, and I hope that the company is not suddenly dropping all sorts of shares into the marketplace again. If the authorized share count is being raised, I’m sure there will be great dissatisfaction amongst the shareholders.
XXXXXXXXXXX"
The response was...
"XXXXXXXXXXX, The O/S will be pretty boring. Any changes would dillute the dividend--I'm not about to let my net worth drop! Don't worry, I'm not stupid.
posted
e-mail from the company-from another board--------------------------------------------------------------------Posted by: bobky In reply to: None Date:11/13/2006 3:43:40 PM Post #of 5265
got the company e-mail back---- Bob, We can’t part with any shares, it would ruin our Dividend! If we sold stock in JMCP we would be losing our ONYI, which is worth far more. I’m certainly not going to do anything to hurt my own net worth. On a less positive note, ONYI will be restricted which means you can’t sell it for a year or two, and JMCP will be losing assets which will hurt its liquidity. Your net worth will go up, but if you have short-term investment intentions, you should sell. In that light, you can understand the volume: short term guys dumping and long term investors buying. We’re happy to gain long term partners and be rid of the buy-sell-buy-sell market players. I hope you find us worthy of your partnership. I will continue to work diligently to care for OUR Company.
Taylor Moffitt
-------- Original Message -------- Subject: investor relations From: bobky Date: Mon, November 13, 2006 10:58 am To: info*jamesmonroecapital.com
Yes, could you tell me if the company is having to sell shares? Or if the is a CD outstanding? Thanks for your time. Bob
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