posted
Seriously, take your profit until you only have as much in as you feel comfortable with, but then let it ride, don't sell anymore or I truly think you'll regret it. I would say I am 95% sure this will go to at least $1. And I am not exaggerating, based on PAIV and PAIM situations
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posted
I just jumped in with 1800 shares. Just put more money into my brokerage. It was a toss up between this and PAIM. If I make out on this I'll prolly switch over some profits into PAIM. Let's roll now!!!!!!ready for the next leg up!!!!!!!!
-------------------- learnin as I go.
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posted
ameritrade charges $20 for an R/S?!? wow, I simply don't understand why people use them for a broker. The trading fees are high, they screw people on R/S's and short situations (see triovesters posts RE PAIV) and then charge them, that's incredible. Ameriturd this, ameriturd that...drop your broker. I have CT and had my AWYB shares yesterday morning at the open...never had a problem with them like hear about others...ok, rant over, go AWYB!
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posted
I actually use izone (previously called FREETRADE), a subsidiary of Ameritrade. It charges $5 for trades and has the same efficiency in execution like Ameritrade esp OTCBB, Nasdaq and NYSE,Amex shares. Plus I used FREETRADE from 2003 till 2005 when they were actually FREE. I never paid commissions for 2 years !!!!
Obviously fees for other hings are extra. R/S being one of them.
posted
Well, I bought some more at the close. This has too much potential IMO. It'll be shares that I sell at around .25 tomorrow if it gets to that point, but I couldn't help myself.
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quote:Originally posted by skip: ameritrade charges $20 for an R/S?!? wow, I simply don't understand why people use them for a broker. The trading fees are high, they screw people on R/S's and short situations (see triovesters posts RE PAIV) and then charge them, that's incredible. Ameriturd this, ameriturd that...drop your broker. I have CT and had my AWYB shares yesterday morning at the open...never had a problem with them like hear about others...ok, rant over, go AWYB!
I've been with Ameritrade for years now and have never had a single problem with them. I've got three different accounts with them for different levels of trading and the only reverse splits I've been subjected to were here in the pennies but they've never charged me for them. I've never heard of anyone being charged for a reverse, you sure that's what they're charging you for?
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quote:Originally posted by bksundar: JUST GOT MY 800 shares ( I had 4m AWBV at 0.0001) of AWYB in izone/Ameritrade account with $20 fee for RS
Sorry, I have Choicetrade. I was just commenting on the above post. And the fact that I hear a lot of bad things from Ameritrade customers. Glad it works well for you though.
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posted
I lost a good entry position by jacking with Scottie...switched over to C-trade and my order executed *immediately.* As quickly as I could click on "executed trades," it was done...plus, I set a stop-limit order after I got a service call, came back to a higher pps, then submitted a higher stop-limit order...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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The split was effective on 9/12. What happened was that apparently some peoples brokers didn't reflect the reverse split and someone started selling millions of AWBV/AWYB (from their pre- R/S amount of shares) into the post R/S market.
since the R/S was official, and done properly through NASDAQ, what these people were actually doing was selling shares naked short. the result of these millions of shares being sold was that the stock with it's new 3.6MM OS plummetted to .002 or thereabouts with volume much greater than the 3.6MM OS.
People started noticing this, and given that this has happened before with GLKC and PAIV, people were sensitive to noticing it, and were quick to respond by starting to buy up as many shares as they could.
So we have several things going on here. 1. Company claims that there was massive shorting previous to this R/S. Maybe, maybe not. If so, they will have a hard time getting good shares on T+3 settlement on Friday.
2. The retail shareholders who are millions short because of their error in selling millions of shares naked short. Again, T+3 settlement on Friday, they should start getting margin calls.
3. Given that this traded 39Million shares in the last two days, and that I personally confirmed today that the OS is still 3.698MM OS, it is apparrent that there have been millions more shares sold naked short by brokers/MM's to fill orders. Again, on T+3 settlement on Friday, these MM's will have millions of FTD's (Fails to deliver) on their hands.
Now, in addition to just the above squeeze producing factors, this was on traders Nation, had an article on Ant & Sons http://www.antandsons.com/wordonthestreet.html and is building critical mass of exposure on various message board communities.
Also, the CEO emailed me personally to look for a PR re: all this "very soon".
Suffice to say, the coming days will be very interesting here.
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The split was effective on 9/12. What happened was that apparently some peoples brokers didn't reflect the reverse split and someone started selling millions of AWBV/AWYB (from their pre- R/S amount of shares) into the post R/S market.
since the R/S was official, and done properly through NASDAQ, what these people were actually doing was selling shares naked short. the result of these millions of shares being sold was that the stock with it's new 3.6MM OS plummetted to .002 or thereabouts with volume much greater than the 3.6MM OS.
People started noticing this, and given that this has happened before with GLKC and PAIV, people were sensitive to noticing it, and were quick to respond by starting to buy up as many shares as they could.
So we have several things going on here. 1. Company claims that there was massive shorting previous to this R/S. Maybe, maybe not. If so, they will have a hard time getting good shares on T+3 settlement on Friday.
2. The retail shareholders who are millions short because of their error in selling millions of shares naked short. Again, T+3 settlement on Friday, they should start getting margin calls.
3. Given that this traded 39Million shares in the last two days, and that I personally confirmed today that the OS is still 3.698MM OS, it is apparrent that there have been millions more shares sold naked short by brokers/MM's to fill orders. Again, on T+3 settlement on Friday, these MM's will have millions of FTD's (Fails to deliver) on their hands.
Now, in addition to just the above squeeze producing factors, this was on traders Nation, had an article on Ant & Sons http://www.antandsons.com/wordonthestreet.html and is building critical mass of exposure on various message board communities.
Also, the CEO emailed me personally to look for a PR re: all this "very soon".
Suffice to say, the coming days will be very interesting here.
yup, Art's pretty good...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
Agreed, and I'll say this again for anyone who didn't see it the first time.
When this happened to PAIV the price went up to 28x the "fair" price. When it happened to PAIM, the price went to (I think) 6.5x the "fair" price.
The "fair" price for AWYB is .50. It's barely even at 1/3 of that. rough estimate is the the upside is a PPS of $5 (10x "fair" price). In my mind there is NO WAY that this doesn't reach at least some multiple greater than 1 of the "fair" price.
BUT, since we all know that nothing is a sure thing, I would say put what you feel comfortable losing, wether that's $100, $500, $10,000, whatever, and DO NOT SELL any for a while. It may have ups and downs, and it may take days or weeks to happen, but I am willing to bet that this will be over $1 in the near future.
posted
Attempted shake at the open didn't work. I had a bid in to buy more at .16 and some trades went through at .15 and mine never filled. Interesting...
Already rocketed back up to .23 though. Today should be nice.
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