posted
Today’s Price Performance as of 10:57am EDT, 9/14/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0030 Last Price 0.0002 -6.25% Today’s Change $0.0032 Today’s Open 8,825,000 Above Avg. Today’s Volume
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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posted
Today’s Price Performance as of 11:37am EDT, 9/14/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.13 Last Price 0.06 -31.58% Today’s Change $0.15 Today’s Open 2,223,328 Above Avg. Today’s Volume
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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posted
Is this dip the result of people getting their converted shares and exiting positions they have been stuck with for a while? I don't understand whats going on here. If this is the beginning of a short squeeze as speculated, wouldn't prices go up as we get closer to Friday? I know every run has a series of shakes but usually the long drops are during the noonish lull or EOD.
Opinions anyone?
-------------------- He who dies with the most toys Wins!!! Posts: 65 | From: Richmond, VA | Registered: May 2006
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People could be panic selling. If you see what happened to PAIV, the first day or two it went up from like .001 to .013 I think. then over the course of almost a month dwindled back down to .005. Then all of a sudden one day it went up like crazym, and within a day or two was up to .28.
You're free to sell out and wait for the dip to stop, but I tried that with PAIV and got back in way higher than if I had just held.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Still think this thing runs to .50 despite absurd PR. Math says someone is still short. Added today.
Posts: 908 | Registered: Dec 2004
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Finally...here we go. Hold em if you've got em. Buy-in if you don't. Don't sell!!! With PAIM it took about 7 days for the shorts to start showing up in peoples accounts. I know this the hard way. Word is that this will be the same. The next short interest report doesn't get published till next week.
-------------------- He who dies with the most toys Wins!!! Posts: 65 | From: Richmond, VA | Registered: May 2006
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posted
Make money .......I understand you to were wrongfully shorted by ameritrade regarding paim .
Well I am currently in talks with a california attorney on this now . Ameritrade recieved the complaint from the S.E.C. and maeritrade wrote that they will do nothing and that they don't think it is their fault . But they have a problem ...Ameritrade has already admited guilt to me on the phone and even said they would correct this . And they can not change the facts ....They traded a stock that was restricted . And since only brokers handel restrictions and not the client it was there responsibility to stop all trading of paim shares at that time untill restriction was lifted .You should contact me incase this attorney wants to talk with you too .
Posts: 388 | From: redlands | Registered: Jul 2006
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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.
Posts: 957 | From: grand rapids, MI | Registered: Feb 2006
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Keep an eye on this there is alot of shorts that may get squeezed real hard when this news breaks. Talk of a reverse merger.
** DON has written back - HOLD ON TO YOUR SEATS!!!
"Dr. I just got back from NY...Things will get interesting SOON........Don"
"Success isn''t built on success; it''s built on failure, frustration and sometimes catastrophe." Sumner Redstone.
Posts: 957 | From: grand rapids, MI | Registered: Feb 2006
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posted
This may be worth taking a chance. As I said before, this is the same situation as PAIV, but PAIV took over a month for the big jump from half a cent to .28 (56x increase). Rumors abound on IHub that a reverse merger may be announced as early as Monday or Tuesday, which would greatly expedite the process. Again, probably worth putting a little in here if you feel okay with letting it sit for a couple of weeks. Could be a huge reward at the end.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote: American Way Business Development Corporation (PINKSHEETS: AWBV) ("AWBV" or the "Company") announces a special dividend to shareholders of record as of June 15, 2006. This is to deliver on a promise made last year to loyal AWBV shareholders to provide them with an equity interest in subsidiaries of the Company once these subsidiaries are able to operate on their own as independent entities. If all goes according to plan, this special dividend will be one of many. Specifically, the Company has set aside restricted shares of its subsidiary, Eli Enterprises, Inc. (the "Subsidiary") for the benefit of shareholders of record as June 15, 2006 at a ratio of one share of the Subsidiary for each 10,000 shares of the Company with a special bonus for small shareholders which provides them a minimum of 1,000 shares of the Subsidiary.
As announced, shareholders of the Company are entitled to one share of stock of Rejuvenations by Robert Palumbo, Inc., a subsidiary (the “Subsidiary”) of the Company, for each 10,000 shares of stock of the Company held of record as of July 15, 2006 (the “Record date”). Remember also that, as a special bonus to small Shareholders, all Shareholders will receive a minimum of 1,000 shares in each of EEI and RRP.
does anyone know anything about the above Divi's? have they been paid? cancelled? put on hold? any word from American way? how about Don Platten? i.e. donplatten17*aol.com <donplatten17*aol.com>
has anyone else Emailed Don?
thanks for any response
Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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quote:Originally posted by PCola77: This may be worth taking a chance. As I said before, this is the same situation as PAIV, but PAIV took over a month for the big jump from half a cent to .28 (56x increase). Rumors abound on IHub that a reverse merger may be announced as early as Monday or Tuesday, which would greatly expedite the process. Again, probably worth putting a little in here if you feel okay with letting it sit for a couple of weeks. Could be a huge reward at the end.
Yes I agree! I am in this one already and may be a good play! We will have to see how this week plays out and hopefully he stands true to his word and releases the PR [ Reverse Merger info ?] Monday or tuesday!
Egg: Yes alot of prople have emailed him [daily] A man of very few words, but he states that things are going to get real interesting very soon. Rumor of 20-40 mill short on this stock and a float of 3.8 mill I believe.
Posts: 957 | From: grand rapids, MI | Registered: Feb 2006
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posted
Egg, I have no idea about the dividend, sorry.
Yeah, like Hold-em said, he seems to respond to e-mails (although there seems to be a lot going on right now, so it may take some time)
And to expand on my earlier post and Hold-em's, someone on IHub today called the company that the reverse merger is rumored to be with, and apparently a secretary gave him the name and number for Don Platten, AWYB's CEO. So it seems to be confirmed that there is definitely something brewing. Price is slowly rising this morning on both the bid and ask side.
Again, probably worth a small gamble, but don't put in money that you aren't willing to lose.
Remember, on the second leg with Paiv it went up over 6000% in just a few days (.0045 to .285)
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
By the way, not that I ever recommend believing people's online claims, but IHubbers claim to own much more than the float. Having followed the stock there for a while, it may just be true in this instance, since people haven't really had much reason to be lying when they've claimed to have added more, etc.
This is not a flipping type of stock either, because the float is so low that you probably couldn't get back in lower. Like I said, this is more of a lottery play, buy some and hold for the long term, don't sell for a while.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Well, one member claims to own 2.4 million shares, but that's Shakerz, so I believe that like I believe in the tooth fairy...
And there's another guy that I think owns 400K if he hasn't added more since last week.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
LOL. I wish I woulda bought the float (2.8 mil) at .0018 for the same amount of money. I'd be much more confident in a potential squeeze Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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