Pink Elephant's~

[snifferpup]

There be something happening in the land of Pink Elephants...

Just plug your favorite in and you will find a update to the Market Cap that started on Monday, the 27th of 2007...

Here's just a few happy dancer's


Aret Industries...[ARET]

Estimated Market Cap
2,764,401.786 as of Nov 28, 2007

Outstanding Shares
307,155,754 as of Nov 10, 2006

Number of Share Holders of Record
489 as of Jun 15, 2006


AC Energy...[ACEN]

Estimated Market Cap
8,799,946.083 as of Nov 27, 2007

Outstanding Shares
325,923,929 as of Feb 7, 2007

Authorized Shares
700,000,000 as of Mar 5, 2007
Float
24,792,922 as of Mar 5, 2007


Global Diamond Exchange, Inc....[GBDX]

Estimated Market Cap
935,000 as of Nov 27, 2007

Outstanding Shares
425,000,000 as of Nov 30, 2006

Float
130,000,000 as of Nov 27, 2006


U.S. Canadian Minerals, Inc....[USCN]

Estimated Market Cap
146,544 as of Nov 27, 2007

Outstanding Shares
2,930,880 as of Oct 9, 2007


El Capitan Precious Metals, Inc....[ECPN}

Estimated Market Cap
26,323,449.06 as of Nov 28, 2007

Outstanding Shares
77,421,909 as of Jan 31, 2007


Capstone Turbine Corp....[CPST]

Estimated Market Cap
176,742,211.03 as of Nov 28, 2007

Outstanding Shares
146,067,943 as of Oct 31, 2007

Number of Share Holders of Record
957 as of Jun 13, 2007


RushNet, Inc....[RHSN]

Estimated Market Cap
364,297.4 as of Nov 27, 2007

Outstanding Shares
3,642,974,000 as of Nov 1, 2006


Vertical Computer Systems, Inc....[VCSY]

Estimated Market Cap
17,458,344.26 as of Nov 28, 2007

Outstanding Shares
997,619,672 as of Aug 17, 2007

Number of Share Holders of Record
1,700 as of Apr 17, 2007


Hop-On, Inc....[HPNN]

Estimated Market Cap
1,992,500 as of Nov 27, 2007

Outstanding Shares
398,500,000 as of Aug 1, 2007

Authorized Shares
400,000,000 as of Aug 1, 2007

Number of Share Holders of Record
10,000 as of Aug 1, 2007

Float
398,500,000 as of Aug 1, 2007



Go ahead, plug your favorite Elephant in...

www.pinksheets.com/pink/index.jsp

This is exciting.................The rumble of the Elephants...................................A friggin pink Stampedey

[imSINGLEruRICH]

Cool Sniffer.... Thanx

Pink Sheets happens to be the culprut of my first investments into the market...

Knew nothing at all about the market.........Went there and just picked the most traded stocks... which back in March of 2004 happen to be CMKX, QBID and a few others........ one of the few sites where ya can get a lot of info on Pinkies........

elephants are soooo cute !


thanks again.....

Single

[snifferpup]

Hi Single......................... This has never happened that I can remember and this is stock wide and happening to securities that have nothing to do with each other............................There are thousands of company's that have an updated market cap as of the 27th of November, 2007.......................................The world is heating up because a man had a dream and decided to share it with a few thousand other Dreamers.......................... Friggin Eee Eye Eee Eye Ohh...

[hundredtoone]

The updated market caps could be in order to fix a VALUE to some of the "HARD TO VALUE" securities in the level III assets...IMO...

The reality is that most financial institutions – banks, commercial banks, pension funds, hedge funds – have barely started to recognize the lower “fair value” of their impaired securities. Valuation of illiquid assets is a most complex issue; but starting with the November 15th adoption of FASB 157 the leeway that financial institutions have used so far for creative accounting will be much more limited. Valuation of illiquid assets is a most technical issue. But new regulations will limit the ability of financial institutions to put “illiquid” asset in “level 3” securities, i.e. securities where the lack of market prices allows them to use dubious “valuation models” and “unobservable inputs” to value such assets. As suggested by a commentator (Bernard) of my recent blog many Wall Street firms are still playing the game of putting too many assets in the “level 3” bucket of mark-to-model to models that don’t make much sense. As reported by the FT today research by the Bank of England shows that small minor changes of assumptions in these models can lead to changes in the value of “safe” asset of 35%. So even AAA or AA assets may be worth much less than par, as the ABX is telling us. But financial institutions are not using the prices derived from the ABX indices to value most of their sub-prime assets. As put it by the FT:




Monday evening update:

Bernard - a contributor to the comments on this blog - has provided further insights and data on the "level 3" assets of some major US financial institutions. He says:

Look at the info Citigroup just filed with the SEC today: they have $135 BILLION in LEVEL 3 ASSETS.

I have a neat idea.

Why don't we take every single major financial institution out there and then divide their total Level 3 assets by their equity capital base and make comparisons?

This will give us a better idea as to which of them may really remain solvent at the end of the day. Shall we?

Let's have a look at Citigroup. Their equity base is $128 billion. Therefore, their Level 3 assets to equity ratio: 105%

How about Goldman Sachs? Level 3 assets are $72 billion, equity base is $39 billion. Their Level 3 assets to equity ratio is 185%.

Morgan Stanley: $88 billion in Level 3, equity base is $35 billion. Ratio: 251% (WOW!)


Bear Stearns: $20 billion in Level 3, equity base is $13 billion. Ratio: 154%

Lehman Brothers: $35 billion in Level 3, $22 billion in equity. Ratio: 159%

Merrill Lynch: $16 billion in Level 3, $42 billion in equity. Ratio: 38%

Here is the Level 3 assets to equity ratio summary:

Citigroup 105%

Goldman Sachs 185%


Morgan Stanley 251%


Bear Stearns 154%


Lehman Brothers 159%


Merrill Lynch 38%

This becomes very interesting now, doesn't it?

Looks to me like Goldman Sachs and Morgan Stanley are by far in the WORST situation among the investment banks.

And yet the media is focusing all of their attention on Merrill Lynch---which actually has by far THE LEAST EXPOSURE of all of them. What a joke.

As I said before, the media should stop diverting attention and trying to make this into a "Merrill-specific" problem.

All of the investment banks are in deep trouble. These numbers should make that extremely evident. The deception must be exposed.

Written by Bernard on 2007-11-05 11:33:55

www.rgemonitor.com/blog/roubini/224871

...Flying Moose(cmkxunofficial)