posted
Over half a billion trades at .0001 looking good, but who would be selling at rock bottom for no profit. It will soon hit .0002 unless they are diluting. But that wouldn't make sense when they could wait until it went higher unless they need the cash to pay for the other two oil deals. Still too early to call this one, so I just want to be ready if it does hit the roof.
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Orders are still not being accepted by Ameritrade and others and it's still over 600 Million trades. Maybe Frank is buying back cheap shares at this time, that would be good. This stock is really going to rock once brokers lift their purchase restriction. You would probably be lucky to then get it at .0002.
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quote:Originally posted by MichaelAdamGreen: I just bought an additional 5+ million shares through Schwab with no problems for .0001. What's the problem?
How long did it take to fill 5 million??
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quote:Originally posted by BIGDAN: what's the difference.....even if this goes up....we can't sell it or buy it for that matter....or am i missing something
There's no restriction on sells, you just can't buy it.
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thanx TOPROB for setting me str8 on that....I had 5 million for almost a year now.....I'm keeping these for the long haul.....hope to retire from these....can't really lose anything but maybe 500 bucks....but wait we still have the onyi dividends that are plummeting down to nothing....but atleast they were free
posted
Can't buy or sell with a spread of .0000 x .0000 Broker won't allow trade with no ask. Nothing from nothing leaves nothing. I think the boys in the boiler room are working overtime on this one...lol
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Check this out! 1st letter of each sentence spells out "COVER SHORT NOW"
May 7, 2007 Press Release
James Monroe Capital Corp. briefs shareholders on Recent Developments
James Monroe Capital Corp. President, Frank Love states the following,
Concerning the recent press releases about the several hundred million dollars worth of Crude inventory and the royalty trust now being formed, I am extremely pleased with everything moving forward at a blistering pace.
Obviously James Monroe Capital Corp. is on the move.
Virtually everything has fallen into place.
Events that have taken place in order to put the $270 Million dollars worth of Crude inventory deal together were quite complex in nature but our international team of professionals are making it happen in a timely manner
Recently, I spoke about forming a royalty trust to disburse any and all yields from our business ventures.
Shareholders with a date of record of June 1, 2007 will be placed into the royalty trust on a pro-rata basis.
Holding onto your positions during this time are absolutely critical due to the fact we suspect that there is a short position on our stock and some brokerage services are no longer allowing open purchase orders for this security.
Obviously the company is looking into this situation and hopes to be fruitful in our endeavors so that anyone wanting to participate in the James Monroe Capital Corp. royalty trust will have the same opportunity as everyone else.
Regarding an earlier press release where I spoke of multiple deals signed and sealed, the $270 Million dollars worth of Crude deal is the first of three very large Oil deals we are working on.
The two other large Oil deals will be revealed shortly as soon as all documentation is file stamped with State, Federal and Foreign Governments.
Nothing will stand in the way of James Monroe Capital Corp. as we capture our percentage of the very lucrative Oil and Gas market that was made available to us through my international contacts.
Opportunities currently being presented to James Monroe Capital Corp. will ensure even more growth of our company in the near future.
We will continue to update our progress in a timely manner and I hope to have all available information concerning all of the Oil deals out before the June 1, 2007 date of record.”
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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imakemoney- what's your take on this one. Is it going to do anything? I mean, I loaded up some major volume and I don't know if I should regret it?
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Good observation Bigrod. If that code was deliberate, that means there are some big players in this game and to get ready for a huge run. But why would any shorts still be holding at .0001 anyway unless they were hoping for a R/S.
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It's not moving from .0001, but the good thing is that there are still Bids for .0001. This has got to move eventually, probably when the Buy restriction is lifted by some brokers. That's when the real fun will begin.
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Bigrod40, what you did to that PR was absolutely brilliant! Very, very funny. But what's even funnier is that, judging by some of the posts that followed, some don't realize it was a joke!
Oh, and even though I'm not a fan of off-topic banter, sorry, just a quick shout out to PCola77. I spent quite a while in the ol' 19380,1,2. The town where you can come in High and go out Gay. (They're street names, for the rest of you) Drove past the PCola plant many many times. Sorry, everyone else. Just seeing West Chester reminded me of some good times... good times...
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I figured you were joking, but like my buddy IMAKE said, I like to be the overprotective father here, and spell it out in no uncertain terms for people. Maybe I shoulda added a to mine too...
quote:Originally posted by mindspin311: I guess people don't know what LOL or mean
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LOL at your high/gay joke. Haven't seen it said so eloquently before.
I recently moved from West Chester, but am still in the general area. Still have plenty of friends there.
take care.
quote:Originally posted by WinsumLosesum: Oh, and even though I'm not a fan of off-topic banter, sorry, just a quick shout out to PCola77. I spent quite a while in the ol' 19380,1,2. The town where you can come in High and go out Gay. (They're street names, for the rest of you) Drove past the PCola plant many many times. Sorry, everyone else. Just seeing West Chester reminded me of some good times... good times...
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