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To buy $50K, at an average price of $0.10 cents and with the daily volume of 60,973, you would have needed to buy EVERY single available share 30,486 (since you can only buy half of what is traded), for over 16 days straight to buy $50K in stock, because you would have only been able to buy $3,048.65 in stock each day. That means for 16 days, no one but you bought any. Since you bought another $50K "last week," that means for the past 32 days, you were the ONLY buyer. :2 cents: |
I think he is testing how stupid people are..... either to believe the scale of the purchases on such high risk stock or to blindly follow him in and give him his exit and profit.
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That or he bought in for a few hundred/thousand and trying to pump up the stock by getting a few idiots here to invest a few thousand so he can sell and make $$. |
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This guys have made a grip and cash over and over. They will do it again. That being said, it's risky. I (you) could lose everything, on the flip side - you can make a shit-ton if you time things right. I have a good feeling on this one. If you have some disposable income you'd like to turn into more I think it's a great opportunity. |
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Going through the roof
I have a stock that's going to go through the roof any day now. I'd hold on, but have other investments to make. Contact me and I'll make you the proud owner of my 18,000 shares of Enron I bought at $.07 a share.
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Research and decide for yourself. |
It jumped over 100% in within the last 5 days. Sounds like we're in the "dump" stage of a text book pump & dump.
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Enron
My Enron shares were paid for a bonus I had no idea I was going to get, figured it was better than placing it all on the Roulette wheel for Red, to double my money.
hey, sometimes, you just have to take a flyer. Actually Enron had some good assets, Bankruptcy judges are too quick to sell. Had they kept some assets, I could have walked out at $1+ a share. Canadian gold stocks have bee a scam since at least World War II. Probably since the 1st gold strikes of the 1800's. Salted Mines, Pump & Dump, or it doesn't matter how big the gold vein is next door, you can be sitting on a rock pile while all 4 sides of you are are sitting on gold veins. |
shorting now 250k
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Swing of over 100% today, great trader for those with big balls!
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I had a friend of mine ask me to buy hffp or hppf I forget which symbol. They came out with a diabetic drug made from a plant and owned the patent.
He invested $10K... basically his families savings at the time. Two weeks later the big drug companies petitioned the FDA to shitcan the new drug and they did. One second after that his $10K turned into about $700. I told him to sell and call it a lesson learned. He said, what is the point at this point? I am basically pot committed (poker reference). Flash forward two months and his $10K was $24! It eventually went all the way to $7 and some change before it got de-listed. But good luck! |
A pump n dump happened to my ex bro in law. Classic case, he tried to get me to invest, he said he had the inside track, that these people were his friends and they would let him know when to get out. RIIIIIIIIIIIIIIIIIGHT...... he lost 10's of thousands in the stupid scheme, along with some other family members who were in on it. :2 cents:
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take a look at the 2 year graphs ..
http://finance.yahoo.com/q/bc?s=ORFG...=on&z=l&q=l&c= happened before to them .. they went all the way to 0.8 |
Some third party probably bought a bunch of stock, paid a bunch of penny stock newsletters to highlight the stocks "promise" will then wait a day or two for all the suckers to buy into it and then try to sell everything they bought for a profit. You can see who the penny stock newsletters are that pumped this stock today at the following URL:
http://www.pennystockrumble.com/penny-stocks/?p=1028 |
I put in a quick 1000 share limit order just for the fun of it...
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should change the thread title to "penny stock that will be worthless in about six days"
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dropped 25%
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weird site
comments on the left * 1 lovely balls * 2 u gon get peehole raped when this crashes |
It's down 21% today...
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SCLZ ftw!
remember you heard it here first |
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well, now we are at the dump phase.
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The cool thing about pennies is that you can only lost 100% and you can make 1000s of %
The bad news is that 99% of penny tips are worth about a penny or negative whatever you put in Think of it like playing the lottery I always wondered how those penny predictor websites showed such great track records. I think I get it now. Even if the price goes way up, you probably can't sell down fast enough to realize the actual profit? Is that it? |
Must be nice to have 100k in disposable income :thumbsup
Hope you make some serious coin on this Jay! |
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23% down lol, people are so fucking stupid sometimes it boggles my mind
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Oh the stories I could tell about cmkx.
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http://finance.yahoo.com/echarts?s=O...e=off;source=; i think says it all.
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I have accounts at tradeking & Zecco. Both are very nice.
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last 30 min this stock went up .90cents, wow. I think we have a winner.
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all the cash jay is holding in my sig, he made in the market
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Doing a bit more digging, Orofino Gold Corp (ORFG) changed it's listing in December 2009 from SNT Cleaning Services (SNTI), formerly SNT Networks Inc, formerly "Clean 'N Shine'. http://finance.yahoo.com/news/SNT-Cl....html?x=0&.v=1 "SNT Cleaning, Inc., a development stage company, focuses on providing cleaning, detailing, polishing, and valet services for automobiles, recreational vehicles, vans, and trucks in the Westlock area. The company, formerly known as SNT Networks, Inc, was founded in 2005 and is based in Westlock, Canada." As you must realize, a company that changes not just it's name but it's whole business model does not inspire a whole lot of confidence. From what I have seen, such changes are usually for the purpose of concealing their past performance. |
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so who's the winner?
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sorry, wrong thread
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especially if you have 2600 shares
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Thats a reverse merger. Old company goes out of business and becomes a shell that a private company uses to go public without having to do an IPO. The real story here is all the loans that are convertible to stock at $0.0075 (yes less than 1 cent). So whoever "loaned" the company $50k really bought stock at less than a dollar a share that can be sold under rule 144a. |
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I was thinking of coding something that tried to algorithmically figure out the best penny stock to buy (like pennystockrumble probably does) and then do an ongoing simulation of how much you could make, but that probably wouldn't work, right? The value of penny stocks would be heavily influenced by REAL purchases which you can't simulate? Still, interesting to think about. :thumbsup |
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