Why selling at 0.0002?

[fastwalker]

:oWhy selling at 0.0002?
« Thread started on: Today at 1:45pm » <br>
--------------------------------------------------------------------------------
It is very easy to buy some million shares CMKX at 0.0002 now, it was last week and the week before.

Reading other postings on this and other boards many people could buy extra shares very easy. (just like me).

Again the same question. Who's selling?
Those with 0.0001 shares selling are way out of the trading room IMO. Why should they sell at +50% when much more could be achieved in the future.

MM's selling to eachother is an explination for the high volume reading lots of postings but .... than the question .... why is it so easy for everyone to buy extra?
(everyone really that lucky?)
I'm in for long but sometimes we have to be realistic and think with the facts.
If somebody can give me a realistic explination you'll make me happy because I don't understand it anymore.

[fastwalker]

:DIt's far too easy to buy shares so the theory of Mme's selling to each other is on my opinion not the case.

Like I stated before. Those with 0.0001 shares taking profit at 0.0002 are way out of the trading room again ... on my opinion.

Leaving us ... who's selling? Reagarding all the PR's, Div's, and partners of CMKX going up and up and up in stock price my thoughts go to this.

Why should CMKX not be the channel (read stock to create a hype) to get shares of UCAD, Gemm, ... up huge.

Create a hype that MM's have to cover on CMKX and lots of shares are shorted naked. Bring some extra shares on the market like CMKX did before and let the hype go and go and go.

Then on some day the bad guys were not the MM's but someone else who created the hype to make lots of $$$
To cover my thoughts. In all my research I never saw a PR, interview or something linking to naked shorting as a reason for the low stock price.



Sadly, Joey01, this is the best I can do to edit this.It is not my post, but one that I brought here to allow our board to review.

In the simplest sense of the post, the author is asking and answering why some would sell at such a low rate.
as if such a thing would be feasible., to any serious investor.... maybe to some... such a profit taking of 50% is their idea of making money...but in all likelihood, it's the author's attempt to explain the "cellar boxing."
and at the same time invoke a "conspiracy theory" as
to why things are moving in the manner they are..PR'S bad guys, etc, bottom line, the selling of "air shares" seems to be the manner in which the MMs may be attempting to cover. that however, is unknow...if we see signs that a "margin" call by the SEC against the MMs is in effect, then we can assume that we are in such a situation..hence the low pps...

In any case, I did not comment on it initially and brought it in it's original form for our members... to comment before hand, would be to bias readers..which obviously I have already done..by making these comments...lol

8-)source: PB32

[joey01]

I also question this - fastwalker - i'm kind of slooooooooow - was wondering if you could rephrase the above.

Thanks!

Joey01

[fastwalker]

joey01 said:

I also question this - fastwalker - i'm kind of slooooooooow - was wondering if you could rephrase the above.

Thanks!

Joey01

joey see above..the answer is simple..and you are not slow, the complexity in which the author has ..."stated" something so simply andwithour a logica progression to it... makes it appear so....FW

[IQ]

Fastwalker do you still have that post that my friend discovered about a week ago. How we are getting
1Billion dollars worth of Dividends for 10Million worth of UCAD. That should make you think about shorty.

If you can post the link, that would be great.

;D ;D ;D

[fastwalker]

I'll look for it..casue I haven't deleted anything ..I'm setting up various sections to dump them into or into the Q&A..

be back

[fastwalker]

Is this it? Found on page 26..FW

My Friend needs some clarification?
« Thread started on: Sep 30th, 2004, 1:15pm » <br>
--------------------------------------------------------------------------------
Sorry guys but he did make some valid points I could not answer and here is his math:

Something just doesn’t add up with the UCAD deal:
$10,000,000 from UCAD/ 0.00000962 =
Therefore UCAD got 1,039,501,039,501 CMKX shares.
At current market value of 0.0004$/CMKX share: UCAD got $415,800,415 for only $10,000,000

Now lets take a different look at it:
$10,000,000/5$ (Value of each UCAD share) = 2,000,000 UCAD shares being distributed.
2,000,000 UCAD shares/ 40,000 shareholders = 50 shares to the average person.
That means the average person gets 250$ This gain doesn’t make any sense.

Can you please help make him shut up.
« Last Edit: Sep 30th, 2004, 1:17pm by IQ » 192.88.212.56

--------------------------------------------------------------------------------



IQ
Executive Member


member is online









Posts: 437
Re: My Friend needs some clarification?
« Reply #1 on: Sep 30th, 2004, 6:38pm » <br>
--------------------------------------------------------------------------------
This is what I told him from Green Baron:

It appears there will be a delay in the pay dates for all three dividend distributions due shareholders of record August 20 (UCAD), August 31 (CIM), and October 1 (GEMM). As discussed in our last update, the payout of the UCAD dividend was delayed by two weeks to October 6 as announced in a press release. Third parties have verified that the pay date for the CIM shares will be October 18, and GEMM shares will be on November 15. The Green Baron Report is confident the dividends will be paid, and that the change in dates is part of a much bigger plan orchestrated by corporate attorney D. Roger Glenn.

At the beginning of September, The Green Baron Report thought we would see the price of CMKX begin to rise. We underestimated the internal timeline that CMKM Diamonds has set to release specific details about drilling activity, and filing to become fully reporting. We made it very clear in our most recent update that our position has not wavered one bit, and that we remain patiently committed to see CMKX become The Stock Play of a Lifetime.


He could not argue with these statements and said that perhaps they are not revealing something to the rest of us. I told him it will all be explained we just need patient.



192.88.212.56

--------------------------------------------------------------------------------



fastwalker
Global Moderator


member is online



"Mr Casavant, I've been a good boy..Xmas..could I have some diamonds..please?




Gender:
Posts: 3017
Re: My Friend needs some clarification?
« Reply #2 on: Sep 30th, 2004, 7:03pm » <br>
--------------------------------------------------------------------------------
on Sep 30th, 2004, 1:15pm, IQ wrote:Sorry guys but he did make some valid points I could not answer and here is his math:

Something just doesn’t add up with the UCAD deal:
$10,000,000 from UCAD/ 0.00000962 =
Therefore UCAD got 1,039,501,039,501 CMKX shares.
At current market value of 0.0004$/CMKX share: UCAD got $415,800,415 for only $10,000,000

Now lets take a different look at it:
$10,000,000/5$ (Value of each UCAD share) = 2,000,000 UCAD shares being distributed.
2,000,000 UCAD shares/ 40,000 shareholders = 50 shares to the average person.
That means the average person gets 250$ This gain doesn’t make any sense.

Can you please help make him shut up.




Hey IQ...The math...assuming that we only have 41+k, is , or would be correct, assuming that the average shareholder has 10M..but to be truthfull with you, the math is convoluted to say the least, especially if your are seeking "y", when "x" is unknow...in that type of equation, you could plug almost any number in and arrive at a viable "result."

I'm not too confident on the 40k figures, it seems to be a number batted around to "make a fit" where the original numbers are unknow...granted such peculation is often the basis for an algebratic equation..buy the end reult woulb be flawed, if the initial input is in error..

But then, what do I know, I majored in Computers so I wouldn't have to think...lol.

It is a good question and deserve a valid answer..hopefully we have someone willing to plub in "abstract" numbers and find a "solution..."


66.25.79.105

--------------------------------------------------------------------------------
Information /opinions contained in this documents are drawn from sources believed reliable and the accuracy/completeness of the document is not guaranteed, nor do I assume any liability..Do your own DD.."A man who does not think for himself, does not think at all. Thinking can not be done by proxy"


IQ
Executive Member


member is online









Posts: 437
Re: My Friend needs some clarification?
« Reply #3 on: Oct 1st, 2004, 12:24pm » <br>
--------------------------------------------------------------------------------
Guys I think I have figured it all out.

The MM’s may have shorted so much, I mean so much that they are the ones that will be covering our gains. It’s the only logical conclusion. They must own Billions and Billions of CMKX and now they will have to pay up to cover our gains.

Let me know what you think.

192.88.212.56

--------------------------------------------------------------------------------

[IQ]

Thanks.

That was the one.
The only reason someone could give the shareholders so much in dividend is because someone else will be paying for them.

;D ;D ;D

[fastwalker]

Dude...I love capitalism in any form...especially if I'm the receipt..or soon to be...lol

[fastwalker]

joey01 said:

I also question this - fastwalker - i'm kind of slooooooooow - was wondering if you could rephrase the above.

Thanks!

Joey01

Ah joey01..I hope this "overkill" that we engaged in for everyone's benefit...answered your question..after all, why use a BB gun, when ya can use a howitzer to get the job done (mucho DD)...lol

Thanks for the heads up IQ...much appreciated DD work... now if I could just learn to type...

[joey01]

LOL, LOL, Head spinning - - what a roller coaster ride - isn't the Magnum great

This is my first penny stock and only have one other stock but it doesn't beat the Magnum ride I'm getting for my pennies

Thanks for the info!

[fastwalker]

;D NP...