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Post by imSINGLEruRICH on May 30, 2012 20:20:14 GMT -5
Another year, another dollar..... Ooooopppppssssss I guess just another year !
New week = new "rumors"...
Fire away...........
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Post by skoondog on May 31, 2012 5:59:56 GMT -5
How many years are we looking at? To get this thing over with? Why so long? HUMMMM We may never know!!! Mr Hodges, I know you don't want folks to see your hand, right> Stright flush?? full house?? Sometimes it feels like you have two 3's in your hand with a 4 as your strong card? I hope your poker face is on!!! But I do know that TIME IS RUNNING OUT!!! THIS IS GOING TO END SOME DAY!!! AND YOU ARE EITHER GOING TO LOOK LIKE THE SMARTEST MAN ON THE PLANET!!! OR THE DUMEST LAWYER ON THE PLANET!!! BUT IT WILL BE ONE OF THOSE TWO CHOICES!!! Good luck!!! I know I wish you the best!!
skoondog
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Post by marbearcat on Jun 1, 2012 13:17:16 GMT -5
******MANY OF US FEEL THIS WAY!******
By cyaikman......RB, cmlki board.....
Here is a theory for you...
I believe Tyler sold to SK on the promise that SK could collect on the existing judgements and property sales. I believe BF and others took all they thought they could get away with then sought out this new person to pawn the rest on to. I believe SK is in it to collect on what little meat is left on the bone. I believe once we recieve the evidence of what was done to us shareholders we will find massive cover ups by insiders " eagle" and those that conspired to help the on the boards.
I believe we were snowed by a collective effort by many different people. I think brokers paid for their ill gotten gains but that money was split between several people but not all SH's. I believe they want us to continue to chase this fantasy of huge trust and get us back to trading so we can be cellar boxed again and then burry is alive.
I believe until we as SH's get ahold of the actual evidence of what went on behind closed door will continue to be treated as mushrooms. It's time to find and hold all the CROOKS accountable. Past management purposefully hit nss evidence from us for a reason and then allowed the SOL to run out. Now SK says it will be too difficult to pursue because the SOL ran out. We will get to the bottom of this and those that mislead the SH's will be held responsible for misleading us. It's TIME the CROOKS are held responsible for what was done to 50k shareholders! SK said again last night there are 50k shareholders and it is too expensive to contact us all! We can't afford to contact the SH's because we are spending all our funds paying old salaries and legal fees WTF. Have they not raped us enough. They did nothing for the SH's. We recieve ZERO from All the litigation and we will continue to recieve ZERO from these people. WE WILL NO LONGER BE TREATED AS MUSHROOMS. WE ARE COMING FOR ANSWERS!!!!!
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iboughtit2
Dr. Of Diamonds
4119 Days-still trusting the team but not the Banksters
Posts: 157
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Post by iboughtit2 on Jun 4, 2012 14:24:43 GMT -5
THIS IS THE ONLY TIME WE WILL SEE AND LIVE THIS EVENT Calendar for July 2012 This year, July has 5 Fridays, 5 Saturdays and 5 Sundays. This happens once every 823 years. This is called money bags. So, forward this to your friends and money will arrive within 4 days. Based on Chinese Feng Shui. The one who does not forward.....will be without money.
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Post by theotherside on Jun 4, 2012 16:30:28 GMT -5
THIS IS THE ONLY TIME WE WILL SEE AND LIVE THIS EVENT Calendar for July 2012 This year, July has 5 Fridays, 5 Saturdays and 5 Sundays. This happens once every 823 years. This is called money bags. So, forward this to your friends and money will arrive within 4 days. Based on Chinese Feng Shui. The one who does not forward.....will be without money. Take a look at the July calendar for this year.
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iboughtit2
Dr. Of Diamonds
4119 Days-still trusting the team but not the Banksters
Posts: 157
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Post by iboughtit2 on Jun 4, 2012 17:29:03 GMT -5
THIS IS THE ONLY TIME WE WILL SEE AND LIVE THIS EVENT Calendar for July 2012 This year, July has 5 Fridays, 5 Saturdays and 5 Sundays. This happens once every 823 years. This is called money bags. So, forward this to your friends and money will arrive within 4 days. Based on Chinese Feng Shui. The one who does not forward.....will be without money. Take a look at the July calendar for this year. OOOOPS Sorry
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Jun 4, 2012 17:45:33 GMT -5
It was July 2011..
And look what that got us....
D4E
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Post by John Winston Lennon O'Boogie on Jun 5, 2012 11:21:16 GMT -5
beckins Gill Netter interesting, this morning Yahoo Alerts-CMKM « Thread Started Today at 10:38am »
haven't seen a Yahoo Alert on CMKM for 5 + years, but this morning, why???:
Yahoo! Alerts Yahoo! News - My Alerts - Edit Alert Monday, June 04, 2012 2:45 PM PDT
Catching A Lift On The Penny Express Investopedia Sun, 03 Jun 2012 23:02 PM PDT
June 22, 2004, was another good day for CMKM Diamond Inc. More than 3.2 billion shares of company stock were traded. On the same day, less than 1.7 billion shares traded on the Nasdaq and 1.4 billion on the New York Stock Exchange (NYSE). CMKM had traded more shares that day than the NYSE and Nasdaq combined!
Just a few days earlier, on June 16, the stock had traded more than 4.2 billion shares. Market interest in the little company from Saskatchewan, Canada spotlighted a phenomenon in the making: the rapidly growing popularity of penny stocks.
SEE: The Lowdown On Penny Stocks
Going Ballistic In 1994, the Over-The-Counter Bulletin Board (OTCBB) traded a total of 3.02 billion shares, just 4.5% of the numbers traded on the Nasdaq and NYSE. By 2003, the annual OTCBB volume had soared to 267.4 billion shares, an incredible 8,900% increase, and equaled 63% of the Nasdaq and 78% of the NYSE share volumes (Nasdaq volume surpassed NYSE volume in 1993). It was a phenomenal growth story. At that rate it wouldn't be long before the OTCBB was trading the same number of shares as its larger brothers.
Volumes on the Pink Sheets (where CMKM Diamonds traded) have grown even faster. In 1998, roughly 9 billion shares traded, and by 2003, volumes had soared to 187.5 billion--an incredible increase of more than 2,000% in just five years. In 2004, Pink Sheet volumes were set to surpass 700 billion, blowing past both the OTCBB and Nasdaq, thanks in part to companies like CMKM. Pennies for Dollars However, there is a big difference when dollar volumes of the various exchanges are compared. In 2003, volume for the OTCBB was an average of 1,060,949,618 shares per day, and the average daily dollar volume was $159,551,840. That's an average price of 15 cents per share. The average 2003 share price on the Pink Sheets was 14 cents. By contrast, in the same year, the average daily share price on the Nasdaq was $16.61 and the average daily share price on the NYSE was $27.50.
Consider this: in 2003 and 2004, shares in CMKM traded between 0.002 and 0.0001 cents. At 0.0001 cents per share, a million shares cost you $100. If you were lucky enough to catch a ride when the stock moved to 0.005 cents, which it did on occasion, and if there were enough buyers to get you out of your position, you would make a cool $4,900 profit.
However, if you were on the wrong side of the trade and bought at 0.005 cents, you would see your $100 dwindle to just $2 when the stock dropped back down to 0.0001 cents. And if you had a $20,000 position at 0.0001 cents you would have to sell 200 million shares to get out. In the sub-penny abyss, a few thousand dollars of buying or selling can significantly sway share values.
A company like CMKM is simply not the place to entrust any money you can't afford to lose. It hasn't filed any reports with the Security and Exchange Commission (SEC) since March 2003, and obtaining reliable corporate information is a challenge at best. But how many stock values fluctuate 5,000% or more in a day?
Growing Pains Mike Ser of data provider Alphatrade.com said in an interview that the company has witnessed exponential growth in subscribers for penny stock data provided by the Pink Sheets and OTCBB. Alphatrade is one of a limited number of providers of both level I and II penny stock data. (Level II is necessary for those who want to watch market maker activity and follow trades as they occur, giving traders an in-depth indication of market strength or weakness.)
One of the problems with this exponential rise in popularity occurs in tracking share volumes. The Pink Sheets and OTCBB are limited by binary reporting systems that 'max out' at 4.295 billion shares, and the largest number a binary system can display is 32 digits. If it reports volumes larger than that, the data gets distorted. Counters either revert back to zero or provide incorrect volume data. Only a new reporting system could rectify this problem.
Carl Giangrasso of the Pink Sheets commented that this distortion is due to the variety of sources supplying raw data. The problem began to emerge in 2003 with the rising popularity and commensurate volumes of penny stocks--and all data providers are in the same boat. Fortunately, this only affects extreme volume sub-penny stocks.
The Pink Sheets has come a long way since the days of the "penny dreadfuls" and written reports, Giangrasso says. It now provides an electronic quotation system and a facility for market markers to electronically execute orders.
Finding a Method in the Penny Mayhem How does one trade penny stocks? Are there any techniques that work best? Technical analysis that uses indicators and statistics to forecast price movements is one possible approach. But due to the novelty of the penny phenomenon, technicians have not had the time to build a strategy--assuming anyone is interested in doing so. As far as analyzing sub-penny stocks, it would require a new system for charting and monitoring to determine the significance of a 0.0001-cent move, and there is no telling whether or not it would work. Trading these types of stocks is like throwing darts. Place your order and hope you hit the bull's-eye.
Stocks trading for less than $5 have, for the most part, been shunned by the technical analysis community. Volumes of less than 400,000 to 500,000 shares a day make analysis unreliable and liquidity a challenge for trading any size. But as volumes explode, this problem will be mitigated. Will technical charting techniques work on a stock trading at 20 cents with an average volume of 1 million shares per day? As long as trading is not concentrated in the hands of a few and mass-market psychology is dominant, there is no reason why charting techniques shouldn't work.
An accomplished trader himself, Ser says that news and rumors are the major forces driving penny stock price movement. Online message boards and chatrooms play a significant part, and press releases have the potential to cause large price swings. Traditional charting methods just don't work.
Ser's favored trading technique involves getting to know the stock and how it responds to news and rumors. The greater the buzz on the street, the more potential there is for a large price move. Level II tells him how many market makers are involved and how they are working the stock. This is reflected in how much stock is trading at various price levels and who is buying or selling. It helps determine which direction the stock may be heading.
For stocks in the $1 to $5 range, technical analysis begins to make sense when there is sufficient volume, Ser says. He likes to see at least 400,000 to 500,000 shares trade per day, but that depends on whether the stock has a tight price spread. However, it is possible to make money on wider spreads buying at the bid and selling at the ask for a small profit, but that is a riskier strategy.
Ser has spoken with a number of traders who don't have a lot of money to trade ($500 to $1,000), and they say they like penny stocks because they can take a much larger position size than on the larger exchanges. But it's a different strategy, more akin to gambling than investing or trading. As you do when you go to Las Vegas, take only as much money as you are willing to lose. When it's gone, you go home.
The final group of penny players are amateur investors who have not heard of level II and are buying to hold in hopes that the stock makes a big discovery, Ser says. But while an investment in the vast majority of penny stocks will never hit a home run, it's fun to dream.
The Bottom Line Trading penny stocks is certainly not for all investors. But it might be just right for those who are looking for something off the well-worn investment or trading paths. Just don't bet too much on it.
More From Investopedia
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8 Transport Stocks Gaining Momentum
5 Metals That May Be Brighter Than Gold
Pennies for Dollars However, there is a big difference when dollar volumes of the various exchanges are compared. In 2003, volume for the OTCBB was an average of 1,060,949,618 shares per day, and the average daily dollar volume was $159,551,840. That's an average price of 15 cents per share. The average 2003 share price on the Pink Sheets was 14 cents. By contrast, in the same year, the average daily share price on the Nasdaq was $16.61 and the average daily share price on the NYSE was $27.50.
Consider this: in 2003 and 2004, shares in CMKM traded between 0.002 and 0.0001 cents. At 0.0001 cents per share, a million shares cost you $100. If you were lucky enough to catch a ride when the stock moved to 0.005 cents, which it did on occasion, and if there were enough buyers to get you out of your position, you would make a cool $4,900 profit.
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Deleted
Deleted Member
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Post by Deleted on Jun 5, 2012 11:43:58 GMT -5
China Marketing Media Holdings, Inc. (CMKM)
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Post by marbearcat on Jun 5, 2012 12:14:26 GMT -5
This means nothing to us now.
=^ .". ^=
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Post by John Winston Lennon O'Boogie on Jun 5, 2012 12:26:31 GMT -5
Tuff bunch here these days..
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super
Dr. Of Diamonds
Posts: 176
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Post by super on Jun 11, 2012 21:00:09 GMT -5
so whats next with the case? Another date of something happening?
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Post by skoondog on Jun 12, 2012 6:14:08 GMT -5
Pennies for Dollars However, there is a big difference when dollar volumes of the various exchanges are compared. In 2003, volume for the OTCBB was an average of 1,060,949,618 shares per day, and the average daily dollar volume was $159,551,840. That's an average price of 15 cents per share. The average 2003 share price on the Pink Sheets was 14 cents. By contrast, in the same year, the average daily share price on the Nasdaq was $16.61 and the average daily share price on the NYSE was $27.50.
Consider this: in 2003 and 2004, shares in CMKM traded between 0.002 and 0.0001 cents. At 0.0001 cents per share, a million shares cost you $100. If you were lucky enough to catch a ride when the stock moved to 0.005 cents, which it did on occasion, and if there were enough buyers to get you out of your position, you would make a cool $4,900 profit.
I traded 8 million shares @ 0.0006 made $4800.00 I had a great weekend that week.. I wish I sold it all!!! My stress level would be much better!!!
Skoondog
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Deleted
Deleted Member
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Post by Deleted on Jun 13, 2012 8:58:22 GMT -5
D4E
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Post by lurknomore on Jun 16, 2012 5:33:21 GMT -5
By: king1000 15 Jun 2012, 08:41 PM CDT Rating: Msg. 1101703 of 1101764 Jump to msg. # The truth will bring us a check The company will do a conference call with Kirkpatrick and Kevin West next week to determine what records we get access to. Â This email was sent to Mr. Kirkpatrick to let Kevin know what we were interested in. Â Any other suggestions are welcome: Thanks, that time is good for me. Honestly I believe we can do it it ten minutes. Â All the shareholders I talk to want is the totals of illegal shares sold by each broker and the money taken. It should be broken down into months and years going back to minimum jan 2003. Â I know each broker has those totals, and given the DTCC has the obligation to provide those records, I am sure the company has them. Â If not those are records you are entitle to and should have received, subpoenaed if necessary. Â Eagletech's precedent with the DTCC is well know, each company has the right to its trading records, especially when known fraud is taking place. In any event, we know that nevwest was singled out and that at minimum 363 billion shares were sold by others outside cmkx who only sold 259 billion. All shareholders deserve an exact breakdown of the 363 billion shares that were recorded in the cert pull work product. Â We want the cert pull work product without personal information. In particular in Canada, given Mr. Kirkpatrick you said the Canadian brokers were some of the worst offenders, we need a detailed account of each Canadian brokers fraud. Vtotals of shares sold and money stolen. The only other thing we need is confirmation of subpoena dates from the silver state bank and dates the grand jury sat in 2004. Â Also a detailed list of bank records in the sec file, ie a yes or no answer to whether the sec hid the fact they had already detected fraud in cmkx or whether they did their fiduciary duty and gave that fraud records to our management. We are going after the sec and Leslie Hakala for covering up the brokers fraud and breaching her fiduciary duty and not stopping the fraud when the sec subpoenaed the records starting sept 5th 2004. The information we request will immediately corroborate the shareholders complaint already filed against the doj and sec. Thanks Dave. Â Look forward to our company's cooperation. Sent from my iPhone _______________________________________ By: moby 15 Jun 2012, 10:41 PM CDT Rating: Msg. 1101739 of 1101764 (Reply to 1101703 by king1000) Jump to msg. # gus what does west have to do with things any more? steve should have total control, after all he is the only management and he has no one to answer to but us _______________________________________ By: king1000 15 Jun 2012, 11:12 PM CDT Rating: Msg. 1101741 of 1101764 (Reply to 1101739 by moby) Jump to msg. # Kevin knows about all the records and will be more helpful than Kirkpatrick in knowing if they have exactly what we want. Steve is basically paying for Kevin to help from what I understand. I am willing to fly to Alabama or have someone close by who can record what we want, but in all fairness I have asked that all the records get put on the company website. The brokers committed massive fraud which is about to get shown to the world for the first time if I have my way, or they could just pay us. I will have an update hopefully early next week on where we are at. I appreciate the huge support off the boards for this effort. Cheers Dave ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=1101741
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