posted
PRed a 1:2,500 r/s on Firday afternon supposedly effective today upon market opening.
Average volume is 3.7 million, but over 1.3 billion has already traded at pre-split prices.
Not sure if this was a case of the company screwing up paerwork and the split never really occured, or brokers/MMs screwing up and allowing pre-split shares to be sold, but I just threw $100 at it to see what happens. May be worth the risk, in case another PAIV/AWYB just happened, IMO.
If anyone has better insight, please share.
thanks.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Oh, I just noticed that there's alreday like 200 threads on this one. I apologize. Wasn't trying to pump or anything, just wanted to alert everyone to this bizarre activity. See other threads for more info on the company (i.e. it's a POS that's probably a scam, etc)
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
About to hit 2Billion. Even at .0001, taht's a pretty decent amount of money being dumped at this one.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Ask just upticked. Guess it's not too surprising with 2Bil in volume and 3.7 billion O/S
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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UBS NEVER RECEIVED INFO FROM THE COMPANY AND SO UBS NEVER SENT THE INFO TO BROKEAGE FIRMS.
COMPANY CANCELLED REVERSE SPLIT.
BEFORE AROUND 10:30 AM :
STOCK STOPPED TRADING. ORDERS CANCELLED DUE TO R/S SPLIT INFO SUPPOSED TO BE RECEIVED
NOW AFTER 11 AM :
ALL ORDERS WILL RE-INSTATED. THERE IS NO REVERSE SPLIT.
Today’s Price Performance as of 10:55am EDT, 10/09/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0002 Last Price 0.0001 +100.00% Today’s Change $0.0001 Today’s Open 2,083,619,007 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
By the way Schwabie, Ameritrade, Choicetrade, and Scottrade aren't allowing sells anymore. I'm just gonna hold my shares, because according to brokers back in May "JPHC shares are not restricted when converted to PAIV" We all saw what happened there. I'm fine with holding for a bit to see what happens.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Ok, fair enough. I agree with you, but like I said, iwas flat out told by Scottrade that JPHC->PAIV shares were not restricted, and I sold them and then was forced to buy back later. Companies make mistakes, but so do brokers. I'll wait this one out (I guess I have no choice since Choicetrade won't let me sell anyway.)
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
I wonder which brokers are allowing sells right now. I know Choicetrade, Scottrade, and Ameritrade are not.
Hitman, I'm not really worried about this closing at .0001 or .0002. For me this was purely about putting a couple hundred dollars in for a shot at a 2500x increase. If I get it, I'm retiring tomorrow, if I don't, I'm out a few hundred bucks
the fact that brokers aren't allowing sells while they figure out what the hell is going on is enough for me to think there's still a chance of the big increase. I guess I wouldn't mind if I could sell tomorrow at .0002, but it wouldn't mean too much to me personally.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
TDAmeritrade took my sell order just now to sell 1000000 sharts at .0002 all or none good till cancelled...
Posts: 1101 | From: Georgia | Registered: Apr 2006
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posted
Just tried a test sell on Choicetrade and it's still a no go.
Duncan, I know and agree, but mistakes do happen sometimes. I'm 99% sure this will be nothing, but if it's that other 1% and I miss my chance to be a millionaire, I'd kick myself Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
I think if you had a GTC order at .0001 they should have sold this morning. There was a point when ask jumped to .0002, but now it's back to no bid and ask of .0001.
Schwab, you think the guy's e-mail was fake, or that the rumor is that it means anythig other than that they are checking into it.
For the record, I'll repeat that I'm 99% sure that if you buy today you will never see that money again.
quote:Originally posted by KonaRide: what's the bid/ask on this POS....i can't seem to get rid of my shares * .0001.
thxs
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
thxs pcola....where's the sec on these scams....how the hell does a company go from wanting to do a f/s to doing a huge r/s in less than 2 months??
Posts: 118 | From: Lethbridge | Registered: Mar 2005
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quote:Originally posted by PCola77: I think if you called the SEC they'd probably say "They're on the pink sheets dumbass, what more warning do you want than that?"
the odds are certainly stacked against us.
that's no excuse
Posts: 118 | From: Lethbridge | Registered: Mar 2005
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THEY WANTED MORE MONEY BEFORE THEY SPLIT THE SHARES...
MAN PINKYS ARE ROUGH !!!
Today’s Price Performance as of 1:53pm EDT, 10/09/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0001 Last Price 0.00 0.00% Today’s Change $0.0001 Today’s Open 2,129,456,911 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
Weird. I had a sell 1000000 shares all or none good till cancelled. Yet Waterhouse cancelled my sell order today.... And not alowing any orders at this time :{ The sell order had been active for 2 days Really Weird
Posts: 1101 | From: Georgia | Registered: Apr 2006
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