quote:Originally posted by Jenna: Juice, that's like makin' a basket as the buzzer!
haha buzzer beater!
well now i have 8.1 mill lol... brought me up another 800 bucks for the day so it was worth it ahhaha
Posts: 2794 | From: nyc | Registered: Aug 2005
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Posted by: DonLeopoldo In reply to: brezzlin who wrote msg# 27784 Date:10/2/2007 7:58:48 AM Post #of 27826
As of today, GOLDMAN SACHS has restricted buys.
Goldman Sachs is not letting Bankinter clients, buy CBAY.
They seem to be short, and only allow sells.
They don't let buying, even if you make a phone call.
TOTAL BUYING RESTRICTION.
They must have taken notice as of yesterday, of how hard it was to cover at bid, and they might be seeing CBAY running hard and are afraid.
These big NSS HF's are so confident and sure that they will always get away with their crimes, that they take too much time till they restrict buys.
I remember Merril Lynch last year, in PAIM. They restricted buys almost one month after the buyback that reduced the O/S from 30B to 3B. Then, the short squeeze made a +6500%.
The MOASS is about to begin. Fasten your seat belts and hold your teeth !!!
Any news about Assets, together with shorty covering, will drive this stock to the skies.
Attention over CBAY has been growing and growing, and thousands of people all over the world are waiting for the short squeeze to begin, to buy a ticket and take a seat.
They don't mind paying 0.0006 or 0.0010 if there is a short squeeze.
Remember that the flood of money will come once we break 0.0006. Until then, we are in a silent accumulation mode (but since today, not so silent, because Goldman Sachs has just shown his cards, LOL).
Anticipation will force a rocket lunch in CBAY before the 15th.
posted
Urban legend. People always say "when brokers start to restrict buy it means it's going to explode."
What it really means is that some odd trading has been occurring and the brokerage restricts buying until they think it's safe.
I think it's bullsh*t that they can do that, but it's not because they are short.
There have been a handful of cases when a stock is restricted by one or more brokers and then ran, but there are also probably thousands of times a broker restircts a stock and it fizzles down to worthless.
Don't read anything into it.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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yep, I usually think it is to protect investors from a volatile stock that recently has got a lot of attention, or at least that is what ameritrade has told me before......
Posts: 2794 | From: nyc | Registered: Aug 2005
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Just added another 2 million on this drop to .0002 x .0003. Hope it was the right move.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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got me another 2 mill too pcola!! great move imo,,, and 4 ask looks a bit thinner now as the bids at 3 start stacking lol. hope know one got fooled:)
Posts: 2794 | From: nyc | Registered: Aug 2005
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Howdy guys. Mind if a small fry joins your venture to make money. I'm in for 200,000 shares if it ever hits .0003 again.
Posts: 88 | From: Nashville, TN | Registered: Sep 2007
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Sweet, I got the other HALF of my order. Didn't notice my typo till it was to late. Now I just can't help but wonder if I should have waited till .0002
Posts: 88 | From: Nashville, TN | Registered: Sep 2007
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You are one strange dude benjamin. This is the third time that you've claimed to have gotten in. Are you honestly "flipping" $60 worth of stock? After commissions, you're probably losing money on the deal.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: You are one strange dude benjamin. This is the third time that you've claimed to have gotten in. Are you honestly "flipping" $60 worth of stock? After commissions, you're probably losing money on the deal.
I think it's Benjiman.
-------------------- Let's Go METS!!! Posts: 3317 | From: CT | Registered: Dec 2006
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I'm a n00b honestly. This is my second trade ever. I was pulling your leg last time. I put a 100 bucks in to play with and learn. I figure it's cheaper that way. At the time I didn't understand how the bid and ask worked but I have read and read and read and have better understanding now. My first trade was a bad one of course. I didn't do my research well enough to know PAIM was a bad idea in general. I got in at .001 and sold at .0008 because according to history and what others have seen it will drop to .0001 again. So I threw what I had left in to this jewel and have another 100 bucks on the way to maybe try something different. Now the thing I don't get on the bid and ask is how it is factored and how you get the stock at the price you want. If the bid is .0003 then is that # because there are more people bidding .0003 instead of .0002? Is there a way to tell what # you are in line to get a stock at a certain price or is it just a hope and wait thing? And on the BxA which is at 100000x50000 I know there are more people wnated to buy than sell by looking at that but what do those # represent exactly? I thought I read somewhere it's 100 shares for every 1. So like 1x1 would be 100x 100. Is that even close to right?
Posts: 88 | From: Nashville, TN | Registered: Sep 2007
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First, for the record, "pulling people's legs" is not the best way to establish credibility and create an environment where people want to help you.
As for your question the basics are pretty much what you said.
Right now the spread is .0003 x .0004. That means there is a line of people (I use the term "line" loosely, because it could be just 1 person) willing to pay .0003 and ther is a line of people willing to sell at .0004. If you want to buy right away, you put in an order at .0004 and you buy shares from one of the people in the ask line. If you then want to sell right away, you'd have to sell to one of the people in the bid line.
This is why you will hear people say "I'm not getting in that one, the spread is too big." In a case like this, if you buy at .0004 and for some reason decide to sell, you are sellig at a 25% loss, even though the stock never moved.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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I apoligize for that PCola, it actually took me a while to suck it up and have to admit my fault in order to learn. Thanks for the good info. I can only learn so much reading.
I see the 100000x50000 changed when the bid droped from .0003 to .0002 to 150000x50000. What makes the change .0001 = 50000?
Posts: 88 | From: Nashville, TN | Registered: Sep 2007
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Pay no attention to those numbers. On penny stocks they are worthless. A better number to look at is number of MMs on the bid and ask. And even that is often not as it may seem at first glance.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
I don't see any new news past Sep 18. Was that the last article? If Lenox Corp would have bought them out would this stock go to 0 or would the ticker just change to LNOX?
Posts: 88 | From: Nashville, TN | Registered: Sep 2007
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Wow, only 240M for volume. That's quite a difference from when it was hitting the 1B mark.
Posts: 88 | From: Nashville, TN | Registered: Sep 2007
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-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;) Posts: 936 | From: Virginia | Registered: Aug 2007
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LOL. Frank is great. One small sell at the bid does not = "dropping"...
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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I was referring to "dropping" in hopes that my .0002 would place, but no luck
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;) Posts: 936 | From: Virginia | Registered: Aug 2007
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