Could someone call Christina C. Hanneman @UCAD

[fastwalker]

;D
Could someone call Christina C. Hanneman at 303.220.8476 and ask her for the following numbers?

UCAD
Authorized Shares:
Outstanding Shares:
Float:

GEMM
Authorized Shares:
Outstanding Shares:
Float:

And Vicki Curran at 877-632-3133.

SGGM
Authorized Shares:
Outstanding Shares:
Float:

[fastwalker]

;D just spoke to Chris.

She's in Colorado, BTW.

She gave me the UCAD #'s; she said she has the GEMM number written down at her office, but she wasn' there. She asked me to call her back in two hours. I plan to do that, so please don't anyone else call. I will post her GEMM numbers as soon as I get them from her.

Chris's UCAD numbers as of 11:45 EST today:

A/S: 100M
O/S: 28.5M
Float: 1.2 - 1.4M

[fastwalker]

Anyone have the rest...just for our own information.?


Question started @pb#32

[fastwalker]

;D
Now, she didn't know the A/S, and I thought that was right on the otcbb/pinksheets web sites...but I couldn't find it on pinksheets, and as usual, the otcbb site doesn't seem to play nice with my browser. So if someone could please fill in the most recent A/S numbers for GEMM, George'll have all he needs except for the SGGM info. Vicki hasn't called me back on that.

GEMM Float, as per Chris at UCAD, after all CMKX options have been exercised: 30M

GEMM O/S, after all options exercised: 495M

GEMM A/S: ? ? ?

[fastwalker]

:DPosted by: zeninvestor32
In reply to: None Date:10/18/2004 5:23:22 PM
Post #of 18394

RE: UCAD AND GEMM

According to Chris at UCAD:

the trading float on UCAD is 1.2-1.4M
the trading float on GEMM is 30M

Let's say for argument's sake the OS on cmkx is 800B and the short position is an extra 800B. That would mean the shorts would have to cover an extra 7.5 million shares of UCAD on a 1.2-1.4M share float. And they would have to cover (assuming they bite on the second round) 225M shares of GEMM on a 30M share float. Obviously, these ratios change based on how many naked short shares there are, but I think you can see that the shorter they are, the harder they'll fall. I feel this is going to be explosive for both stocks and feel that UCAD likely knows this and has gone ahead with their forward split in anticipation of it. Greater liquidity for UCAD, more pain for the shorts, more traders/buyers jumping in at the lower post-split price and all positioning UCAD well for a jump to a higher exchange. And as for GEMM, I just have to think the shorts will have an absurd time trying to cover it, but I don't expect GEMM to really start jumping until after November 15 when they will be forced to IMO. In the mean time, it could waffle in this range. I bought in today because I thought .16 was a fair price at this stage and I don't want to be out of it when it makes its next leap once their covering begins IMO. I could see a cutback to .1-.12 on GEMM but I think there will be WAY too many buyers at that price level for them to try to hold it down. I'm thinking the .12-.18 range will be where it consolidates for a bit. But if the shorts decided to start covering now, it could still jump. Once it breaks cleanly past .19, I think we'll see a pretty big spike as the word "breakout" hits traders' desks everywhere.


Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.