posted
No. If the buyout or buyback rumors were true, the price of the stock would reflect it. Ever see a big board stock that's rumored to be bought out? The pps skyrockets. Same thing with a buyback, typically the pps rises because of it. In this case, neither has had any effect whatsover. That tells me that neither scenario is real.
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Years ago I saw a stock that went to an all time low . No news for awhile and lots of theories and speculation on what was happening .
A lot of traders assumed that if it were really going somewhere it would be bought up and see a higher pps .
The point is ... Many people saw the stock at this lowest of prices ... And it sat there ... for half a year { anyone ... even my little sister starting in stocks could have bought it } .
HALF A YEAR ... it sat there at rock bottom .
Then boom .
Then even bigger boom . Then super boom . THEN MEGA BOOM !!
Then .......... I wish I bought more then only 500 K shares .
I learned from that ...... people can over hype . And they can over bash .
Oh how I wish I bought 10 or even 20 millin shares .
I would be writing this from my huge estate in the hollywood hills .
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posted
Posted by: Photog repost from IHUB In reply to: None Date:8/8/2007 12:42:08 PM Post #of 257664
Thought you guys would want to know that since I couldn't get a return email from Winick I wrote an email to Loretta Hunt and leaned on her Journalistic Integrity to "turn the cameras on the company and find out why they won't communicate with the investors that helped fund the start up of the company" I got a response but it was from The Man himself:
Hi Jim:
It was totally unfair of you to put Loretta in such a position.
Unfortunately information put out by myself has been taken negatively the past while and I am not about to put out anything until I am 100% locked and loaded.
We are working towards getting this finished and when it is closed and finished I will put out a pr indicating that.
It is again unfortunate that a few bad apples spoil it for the rest, but I have done nothing but put the shareholders first in this venture all the way along.
You and the rest of the shareholders have to understand that your investment was a fraction what was put in to get this company and Network to where it is today.
You and the rest of the shareholders will have to wait until things are finished to get news.
Thank you for your time Jim.
Regards,
Sandy
So there you have it... Take it for what its worth. I did email him a response so we will see what that gets us.. But since this seems to be the first response from him in 5 months, I felt obligated to share it with you guys. Let me know what you think. Photog
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posted
If the millions invested by us shareholders is only a fraction of the total, then a little chunk of the deal will be worth mega millions to shareholders.
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quote:Originally posted by triovestor: Perhaps not in this case .
Years ago I saw a stock that went to an all time low . No news for awhile and lots of theories and speculation on what was happening .
A lot of traders assumed that if it were really going somewhere it would be bought up and see a higher pps .
The point is ... Many people saw the stock at this lowest of prices ... And it sat there ... for half a year { anyone ... even my little sister starting in stocks could have bought it } .
HALF A YEAR ... it sat there at rock bottom .
Then boom .
Then even bigger boom . Then super boom . THEN MEGA BOOM !!
Then .......... I wish I bought more then only 500 K shares .
I learned from that ...... people can over hype . And they can over bash .
Oh how I wish I bought 10 or even 20 millin shares .
I would be writing this from my huge estate in the hollywood hills .
Would you mind sharing with us what stock this was or does it have an imaginary symbol.
Also, Burn is the only person on this board with a spidy sense so your gonna have to think of something else and no you cannot use anything related to spongebob!!!111
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Keep your pants on Bob . I am not ready to give up info on that stock yet . I have my eye on it and am waiting for a dip . Once I snag on a dip { I will be happy to tell you } .
Cuzz I'm nice person . However feel free to give me info on anything looking good to you right now . I will check it out for you .
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Who are you?? You have this amazing secret stock and that you wont convey to us but yet you want us to give you info on other stocks. Seems pretty silly to me and a request of an investor lacking confidence.
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With a float in the uber-billions like this, the volume picking up is almost completely meaningless, and the volume of promised buyback doesn't even begin to make a dent in the float. The only way this is going up is with a p&d. Unless of course they strike a major diamond deposit underneath the office building...
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock.
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The stock was Hansons natural corp ' HANS" .
When I first studied it years ago I wanted to put 60 K into it . The price was very low back then and I even waited for a dip . My broker said it was a **** stock in a company going nowhere . He said these soda & drink companies are a dime a dozen . So instead of 60 K ... I put 5,000 into it .
That stock has many timesed itself and has many forward splits since then . When I bought it years ago it stagnated for half a year very very low .
Another one I liked was " GAP " . It was 6 dollars a share and I sold at 18 dollars . Today it is thirty one .
And ofcourse I like Bershire hathaway . But it will never see the extreme gains that certain pennies will bring
posted
I like this waiting and wondering ..... Feels mysterious .
I bought some shares and now I am ready for what ever happens ... Might even buy some more .
You with me bro . I got your back on this . I feel it's ok to get a few shares . My spidy sense is tingling . Or was that my nieghbors daughter who bounced over in tight tube top to walk my dog tonight .
Relax .. I make a joke . The fact is I'm glad I bought some shares of this .
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I think I will look at this as being safe . A few million shares at the lowest price { from gains made on other pennies } is very low risk . Against a possible serge in price if speculations are right .
I for one ....would not like to sit idly by on this one .....
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You won't sit idly, I'm quite certain you will be screaming like a girl who stubbed her toe when BKMP completes a massive reverse split. Not to worry, I'm also quite certain many here will console your many tears. Not a one of us will tell you we told you so. Get the tissues ready.
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posted
Lookin for a high volume week. Summer is winding down and so should this buyout deal. It only a matter of time before this takes off.
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Trio...you just don't have a clue, and you're far too stubborn to learn, so why don't you save time and just throw wads of cash out the window? It'll at least be pretty wafting along on the summer breeze instead of trickling away each time you lock it down into a subpenny that may twitch a couple times someday and freak you out, but never go anywhere.
Your "method" of investing is to look for the lowest priced stock out there and make the incredible assumption that it will go up because it can't go down. And that's just not the case. Sure, if you dump enough cash into .00001 stocks, sooner or later one will P&D enough to get some of your money back, but if that's your methodology, you'd be a more successful investor by buying T bills.
You keep saying you "flipped" stocks, but when stocks go from .0002 to .0003 on a dilution, you can't, because the higher move is simply a buy while the lower one is a sell...I don't know if you know that, but you look pretty silly claiming that you made money on something like that. Unfortunately other people think it really happened, and get sucked into the thing too, and that's really not fair on your part. I know it makes you feel like a big man to boast about imaginary "flips," but it hurts other newbs who come along with their tails wagging and a pocket full of cash looking for a big brother to show them which stock to buy into.
You won't, but I'll try to suggest it anyway: do yourself and everyone else a favor and put what's left of your money in the bank, learn wtf you're talking about, and THEN start investing in these things. Here's a good place to start: http://www.investopedia.com/university/buildingblocks.asp
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock.
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posted
Scott, Trio is right I wouldn't put any more money into this now but until the last 8 months BKMP was so predictable. Every 3 months or so it would go from, say, .0004-.0012. I made money on this stock three and maybe four times a year. I followed this from when it was First Canadian. Only these last 8months has it not moved.
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posted
Since photohog seems to be the only one sandy wishes to talk to I will post his email
Date:8/12/2007 11:05:12 PM Post #of 258212
Sandy's Response to my email
Last week I wrote a letter to Loretta Hunt asking her to do a story on BKMP and their role in taking investor's money and giving nothing back as well as the information blackout.
Sandy wrote me back and told me he thought it was unfair of me to put Loretta in that position. I posted that email and had over 2 dozen responses to it.
If you read Sandy's email to me earlier in the week you were disgusted with his attitude towards the investors.
I wrote him back a very rude and heartfelt letter explaining how I felt after reading his response.. He didn't need to respond. In fact, as rude as I was, I didn't expect him to ever respond to me again.
The fact that he did impresses me very much. I just received this around 10:40.
Here is that response: Information will flow when it is deemed appropriate to have it flow.
At this point in time still working through the due diligence phase, hope to be finished in the next 2 weeks.
These things take time.
Then I wrote back and and apologized for my nastiness and attitude.
Less than 5 minutes later he responded again.
No problem.
We have a bad day or two, don't take it too much to heart.
Let's just keep on working and see this to the end.
Thanks for all your support.
Sandy
Take it for what it is worth. I am impressed with the responses. I like the positive spin on the information. I think its the best news we've had in weeks. Your thoughts?????
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posted
Sounds good, so if he's still working on the deal, why can't he release a PR stating that rather than keeping shareholders in the dark. I would rather hear "We'll still working on the buyout, but no details yet" rather than 3 months of nothing at all. They are not even reporting on TFN anynore.
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I agree toprob, something is better than nothing. When you hear nothing, rumors start flying and investors question their status in the stock. I have not been happy with the lack of news but remain a loyal shareholder till the end. To da moon!!!111
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It's 6 more weeks of summer, so I guess all we can do is wait this one out. So, good news any week now. But if this is a scam, I sure they will be gone by then.
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posted
Scott, Trio is right I wouldn't put any more money into this now but until the last 8 months BKMP was so predictable. Every 3 months or so it would go from, say, .0004-.0012. I made money on this stock three and maybe four times a year. I followed this from when it was First Canadian. Only these last 8months has it not moved.
But that's not the point. What I am saying is that Trio doesn't have a clue what he's doing...if he's simply going on past history, that's just as bad as just buying into the lowest price. Why would someone tie their money up in a stock for no reason other than the fact that it once ran? This stock has 15 billion o/s and 14 billion float. Did you know that? If that were not the case, it might be worth investing in, given the charts, but since we have no idea what % is bought, it's just not worth the risk.
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock.
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quote:Originally posted by ScottSA: Scott, Trio is right I wouldn't put any more money into this now but until the last 8 months BKMP was so predictable. Every 3 months or so it would go from, say, .0004-.0012. I made money on this stock three and maybe four times a year. I followed this from when it was First Canadian. Only these last 8months has it not moved.
But that's not the point. What I am saying is that Trio doesn't have a clue what he's doing...if he's simply going on past history, that's just as bad as just buying into the lowest price. Why would someone tie their money up in a stock for no reason other than the fact that it once ran? This stock has 15 billion o/s and 14 billion float. Did you know that? If that were not the case, it might be worth investing in, given the charts, but since we have no idea what % is bought, it's just not worth the risk.
lol...
not to mention the DoM connection, and unlimitted Authorized Shares via Wyoming
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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We are listening . And that is why I say I have a few shares bought with gains from other stocks .
The point for me is that everytime I study risk against gain and jump into a stock that is controversial to invest in I get this bashback feedback .
I appreciate what your saying ..... And I'm not telling anyone to jump in . Or telling anyone to jump out either .
I'm simply saying ..... that for me this is an interesting point in the history of this stock and I DECIDED to jump in ... Rather than watch on the sidelines .
It's ok if your in fear of holding . You can sell .But I prefer you bash us after reality backs you up .
Otherwise consider that this stock can { god forbid and dare I say it } move up a tiny tick or two ..... or three or four .
I'm just saying ... you might be right ... you might be wrong . Same for us .
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Wow, not a penny in income, no receivables, and almost 30 billion shares outstanding. So this fantastic buyback has resulted in what, an additional 17 billion shares being issued in a 6 month period? Isn't that going the wrong direction? If anyone can't see this as a scam now, well, they've simply got blinders on. In fact, this has to rank up there in the top 5 or so that I've ever seen.
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