Post by fastwalker on May 29, 2005 17:19:39 GMT -5
As a routine traveler of the boards, I've read and posted many topics, but the the most obvious aspect and or posts that sticks out, pertains to the notion being held by some CMKX investors that they are owed something, more than a fair share.
It sad to read these posts, in which some, even though their obvious understanding of the market is from a unrealistic viewpoint, espouse a steadfast belief they are due, they are in fact entitled.
I have no problem with that as such, they have sought to advance their position in CMKX, as the vehicle of their future wealth, just spare us of the constant whine...did you forget, we also share your fate?
Granted many entered the marketplace not with an eye to what they needed in the way of a long term and potentially solid investment, to really help themselves, but instead, saw the market as a "casino" and wanted the instant gratification instead of the now action.
The good thing about the extended delays of CMKX actually moving, is that most newbies now have a vision of the long term, instead of the myopic vision of the "get rich now." syndrome. Which I hope and believe will help them as they progress through life in the market place...at least I hope it will.
One thing I personally don't understand is the logic behind buying "huge" blocks of CMKX stock. Granted the more shares owned, the richer they would be. But think about the situation we are now in with the NSS and ask yourself, at what point did the "real" shares vanish and the air shares take over"
Is it possible that the continuous need to buy, was also instrumental in feeding the NSS problem?
It’s not without some trepidation that I say, my gut feeling is that a lot of our current problems are of our own making. Yeah, I know the management hasn't been up to speed, but in the past years, he was more than likely also driven by his personal agenda...after all he's only human.
Most of the longs suspected early last year, that CMKX / we were being shorted. But did we refrain from actually assisting those shorting the stock? Not really.
Go through many of the older posts on the various boards, and you will see that while many already had a “high position” in CMKX, they still wanted to purchase more.
What advantage is it for an individual to have 100, 300, 500 million shares? Well some would say the advantage is realized when the stock (PPS) moves. Yeah, they are correct in that sense, we did see the pps move, all the way down to the sub-penny basement.
Now logic would suggest, that if we knew last year that the stock was being shorted and we known now, with some relative certainty (by way of the OG) that indeed a “huge short” may in fact exist......... Why continue to purchase more stock, especially if you are confident that they are nothing more than air shares?
Why, because of greed, without regard to ramifications.
Guys, it’s a pretty simply process in the market place, when you strip away all of the bells and whistles.
Short sellers will sell if there is a market..look how low they dropped our stock and how greedily some were to scoop it up. Where and when do we actually engage in "damage control" and stop? Or is it simply every man for himself, with no regars to the actual consequences.
Hopefully the shorts will have to cover at some time, if we are to believe they have a fucntion to stabilize the market, but at what price to us, with such a massive outstanding NSS.
Do they need to cover? Again that is basically a decision they will make, or not.... unless they are actually forced to do so. as a result of being caught.
Well just how did we get here? One could assume that we arrived at this p[position because the company's dealings were not being reported. So, those predators in the loop (market) assumed it was a weak company and as a weak company, ripe for shorting. I’ve already stated in another post, the predatory attack plan for taking out a company through shorting.
Even now, CMKX's future is still in doubt, why? Because it (CMKX) has still not shown it is capable of being a viable,or strong company. Guys while the herd mentality is very strong in shareholders for obvious reasons, the "pack" mentality to attack, is just as strong and at times, much easier to initiate and follow through with.
As we know, the MMs operate in the pack mode, for the most part.
Ask herself why would the MMs back off, or for that matter the brokers, when nothing has come down the pike(PR) indicating otherwise?
Lets face it, the market is not only volatile, but chock full of people willing to separate you from your money, if you allow them. When more stocks are going down than up the average investor will have a problem to make a profit without undo risk. In the case of CMKX, traditional thinking does not apply, which is why I have always suggested "out of the box" thinking and approach to everything, including the PRs.
more...
It sad to read these posts, in which some, even though their obvious understanding of the market is from a unrealistic viewpoint, espouse a steadfast belief they are due, they are in fact entitled.
I have no problem with that as such, they have sought to advance their position in CMKX, as the vehicle of their future wealth, just spare us of the constant whine...did you forget, we also share your fate?
Granted many entered the marketplace not with an eye to what they needed in the way of a long term and potentially solid investment, to really help themselves, but instead, saw the market as a "casino" and wanted the instant gratification instead of the now action.
The good thing about the extended delays of CMKX actually moving, is that most newbies now have a vision of the long term, instead of the myopic vision of the "get rich now." syndrome. Which I hope and believe will help them as they progress through life in the market place...at least I hope it will.
One thing I personally don't understand is the logic behind buying "huge" blocks of CMKX stock. Granted the more shares owned, the richer they would be. But think about the situation we are now in with the NSS and ask yourself, at what point did the "real" shares vanish and the air shares take over"
Is it possible that the continuous need to buy, was also instrumental in feeding the NSS problem?
It’s not without some trepidation that I say, my gut feeling is that a lot of our current problems are of our own making. Yeah, I know the management hasn't been up to speed, but in the past years, he was more than likely also driven by his personal agenda...after all he's only human.
Most of the longs suspected early last year, that CMKX / we were being shorted. But did we refrain from actually assisting those shorting the stock? Not really.
Go through many of the older posts on the various boards, and you will see that while many already had a “high position” in CMKX, they still wanted to purchase more.
What advantage is it for an individual to have 100, 300, 500 million shares? Well some would say the advantage is realized when the stock (PPS) moves. Yeah, they are correct in that sense, we did see the pps move, all the way down to the sub-penny basement.
Now logic would suggest, that if we knew last year that the stock was being shorted and we known now, with some relative certainty (by way of the OG) that indeed a “huge short” may in fact exist......... Why continue to purchase more stock, especially if you are confident that they are nothing more than air shares?
Why, because of greed, without regard to ramifications.
Guys, it’s a pretty simply process in the market place, when you strip away all of the bells and whistles.
Short sellers will sell if there is a market..look how low they dropped our stock and how greedily some were to scoop it up. Where and when do we actually engage in "damage control" and stop? Or is it simply every man for himself, with no regars to the actual consequences.
Hopefully the shorts will have to cover at some time, if we are to believe they have a fucntion to stabilize the market, but at what price to us, with such a massive outstanding NSS.
Do they need to cover? Again that is basically a decision they will make, or not.... unless they are actually forced to do so. as a result of being caught.
Well just how did we get here? One could assume that we arrived at this p[position because the company's dealings were not being reported. So, those predators in the loop (market) assumed it was a weak company and as a weak company, ripe for shorting. I’ve already stated in another post, the predatory attack plan for taking out a company through shorting.
Even now, CMKX's future is still in doubt, why? Because it (CMKX) has still not shown it is capable of being a viable,or strong company. Guys while the herd mentality is very strong in shareholders for obvious reasons, the "pack" mentality to attack, is just as strong and at times, much easier to initiate and follow through with.
As we know, the MMs operate in the pack mode, for the most part.
Ask herself why would the MMs back off, or for that matter the brokers, when nothing has come down the pike(PR) indicating otherwise?
Lets face it, the market is not only volatile, but chock full of people willing to separate you from your money, if you allow them. When more stocks are going down than up the average investor will have a problem to make a profit without undo risk. In the case of CMKX, traditional thinking does not apply, which is why I have always suggested "out of the box" thinking and approach to everything, including the PRs.
more...