posted
They are holding orders I have one in for .0045 for 20 min and not even a partial fill
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
they let you buy at 45 and 5 but only sell around 4! only 1 sell over 100K shares has gone through at 44 anything over a half mil will only take at 4! some smaller sell orders have gone through at 48/49 but those were under 100k shares.then they drop the B/A and take a buy above the ask!!. this realy needs to settle down!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
man i have so many shares LOL, its been down here to long i want to sell some... i'd say we see .008+ when they let this move
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
if you realy want this buy at the bid. if people keep buying at or near the ask with this huge spread they are only putting money in MM`s pockets! think about what is and has been happening here, almost all buys near the ask have been matched buy sells at the bid witch means the buyer loses money as soon as his trade goes through and the seller is not getting fair value for his shares because of the spread. if no one buys at the ask and only submits buy orders at the bid the price will have to come down and stabilize and the spread will have to tighten up if they want to move shares. they have been adding shares, getting as mutch as possible for them hence the spread,the float is still reasonable but this needs to find a stable price level to move in a consistant way. with a stable spread this could trade more consistantly, liquidity would increase along with volume. with the current lack of price stability buying at the ask is a misteak IMO!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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quote:Originally posted by juice: last trade .005 10,000 was that after the bell??
Yes
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
i will be jumping in next week when the funds are available for trading.
time to recoup some of the money lost in Q.
-------------------- Sometimes the poorest man leaves his children the richest inheritance. Posts: 804 | From: Woodbridge, Va | Registered: Aug 2005
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quote:Originally posted by jdg257: How has the dilution ended? Did someone call the company to confirm this?
Looks like you are not reading, you just want somebody to do DDs for you.
I have read, just about every board and post here and over at IHUB. I have read they are done diluting and I have read that they are still diluting. So its hard to know who to listen to. I have called and emailed the company many times about this and every time I get a similar response. The CEO will say "Due to SEC rules I cannot answer questions to individual shareholders." That was in response to if they are still diluting. I also asked about the robbery and if they are still operating out of the CEO's apartment. He said they were not negativly affected by the robbery at all, and the production schedule is that same.
Ill forward the email to anyone who wnats to see it, its not much new info but if you would like to see it for yourself you can PM me.
Posts: 406 | Registered: Oct 2005
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posted
not saying *you're* the problem, jdg, but there is definitely a problem here:
quote:The CEO will say "Due to SEC rules I cannot answer questions to individual shareholders." That was in response to if they are still diluting. I also asked about the robbery and if they are still operating out of the CEO's apartment. He said they were not negativly affected by the robbery at all, and the production schedule is that same.
posted
Not sure what you mean Tex, I just want to get to the bottom of this. I hear so many rumors flying about dilution. All I know is that this company is in development stages, needs money and has 500 mil authorized shares, and have only issued 169 mil. CLYP has been sitting on the ask for weeks absorbing every buy. This spells future dilution to me. That is only IMO. I cant get answers from the company so who is there to believe. I wont invest until I get real answers.
Posts: 406 | Registered: Oct 2005
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quote:Originally posted by jdg257: Not sure what you mean Tex, I just want to get to the bottom of this. I hear so many rumors flying about dilution. All I know is that this company is in development stages, needs money and has 500 mil authorized shares, and have only issued 169 mil. CLYP has been sitting on the ask for weeks absorbing every buy. This spells future dilution to me. That is only IMO. I cant get answers from the company so who is there to believe. I wont invest until I get real answers.
OK, will explain: the post I quoted has a glaring logical contradiction--someone is lying.
posted
Yea I get it now, I heard from several people that they called the company and was told dilution was going on. So its hard to know who to believe. If you look at what we do know for sure it looks like dilution to me. Im just saying be careful here.
Posts: 406 | Registered: Oct 2005
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posted
I'd call him back and ask, "How can you refuse to answer "A," yet go on to comment on "B"? If you won't answer "A" to me individually, can I assume a PR is planned for public calrification of the dilution issue?"
quote:Originally posted by jdg257: BE CAREFUL HERE...
Someone needs to call the CEO and get some facts. I see CLYP sitting on the ask for weeks and the PPS getting hammered. This means dilution to me as 95% of CLYPs MM activity is financing.
I just heard from a reliable source that massive dilution is occuring. Shares are being sold to financers at par vaule (.001) to raise 25k per week. This means 25 million is being dumped per week! He is also considering a huge R/S. This came directly from the CEO's mouth. Dont take my word for it, do your own DD and call the CEO.
I'm sure everyone knows this but the company was robbed a few weeks ago and everything was moved into the CEO's apartment. Bottom line: this company needs money bad. They need to raise it very soon and with their current PPS this just cant happen. I think the R/S will happen IMO. I am not bashing just dont want to see people screwed by this one.
I just had to respond to this because it doesn't make much sense to me and I know the letters R/S scare alot of people away. I'm not saying you're lying, I'm sure you prolly heard it somewhere, but if you think about it logically, it just doesn't make a whole lot of sense.
First off, This is a very young and promising company. They haven't been around very long at all, and a R/S would be extremely damaging for the company at this point IMO. They are quickly growing and seem to be succeeding at their business plan and a R/S would be way too damaging for this companys future. They would be insane to even consider it at this point in their life.
But the main reason I can't even imagine them doing it is because the O/S is still considerably low for this type of stock and there is no need. You say he is considering a HUGE R/S. In pinkie land, a HUGE R/S generally means 1000-1 or better. Say the O/S gets pushed up to 300 million and they decide to do that, it will put the O/S at 300,000?? Insane! Even if they just did a 100-1 R/S, then you're talking an O/S of 3,000,000?? Just doesn't make any sense to me.
With that said, I see no reason to even think that your statement could be valid and wouldn't worry about this. This company is headed in the right direction and is extremely undervalued. Just be patient, keep the faith, and reep the rewards =)
Hope everyone's having a great weekend!
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
The Only thing a reverse split will do it this: Instead of issuing 1 mil shares at .001 to raise $1000. The will have to issue 1000 shares at $1 if they do a 1000 for 1 reverse split. You see? They dont care about the PPS in the immediate future if it will raise money for growth. They are looking long term.
Posts: 406 | Registered: Oct 2005
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posted
I dont see them doing a reverse split IMO. They have 500 mil authorized shares, and have only issued 169 mil, they have plenty of room to raise money if they need to.
Posts: 406 | Registered: Oct 2005
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posted
A reverse split is a last resort. This company is definitly not in a 'last resort' type of situation. So I agree with you, jerseydevil. that a R/S doesnt make a whole lot of sense.
Posts: 406 | Registered: Oct 2005
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posted
Posted by: MightyBossRules Look at my volume numbers I posted and compare to the 169M float that was confirmed on Friday paints an interesting picture
170,530,059 Last 2 weeks alone, thats more than the float and the I hubbers own 70 Million of that.
Break out monday
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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