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Post by WWJDthrume on Oct 5, 2004 12:04:13 GMT -5
Noah-CMKX is boring as usual but UCAD!!! Wow- now that is some Level II to try to update.
UCAD-now bid of $9.30 down from $10
and ask or $9.55 down from at least $10.10 I don't know if it can maintain this price spike but it is good to see it getting it's racing wheels ready. This will look so nice in our accounts tomorrow. IMO-Debi
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Post by txchris on Oct 5, 2004 12:43:22 GMT -5
What was the last best guess on the UCAD div?
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Post by noahltl on Oct 5, 2004 13:53:10 GMT -5
CMKX is anything but boring today. Volume over 11 billion with an hour to go. MM's loading up for the run tomorrow?
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blu1236
Partner
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Post by blu1236 on Oct 5, 2004 14:13:20 GMT -5
I see 13.5b now.
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blu1236
Partner
teach a child to teach, change the world!
Posts: 96
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Post by blu1236 on Oct 5, 2004 14:22:13 GMT -5
14.4b now? anyone confirm that?
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Post by WWJDthrume on Oct 5, 2004 14:29:11 GMT -5
The ask is $10.75 with 2 at $16+ 1 at 15 and 3 at 12
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Post by WWJDthrume on Oct 5, 2004 14:29:32 GMT -5
The ask is $10.75 with 2 at $16+ 1 at 15 and 3 at 12
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Post by sanderra on Oct 5, 2004 14:30:43 GMT -5
Txchris,
I think the lastest on the divy is...if O/S is 800 bln then you get 9.62 per million shares you own. That will round up to 10 shares.
If the O/S is 500 bln then you would get 15.5 shares per million shares or round that up to 16 shares.
We still don't know what the divy is based on at this time as far as I know. I think everyone is expecting the 9.62 share figure. BUT afer listening to Dr. Diamond, I think he said they could base the divy on the A/S, O/S or even the float if they wanted to. I also read that even with the pay out tomorrow the shares may not actually be in your account until Friday or possibly Monday. Anyone want to shoot holes in this go ahead. I haven't had much time to find out for sure. I'm not sure we will know anything until we actually see the shares in our accounts or a PR comes out after the bell tonight. (That would be nice.)
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Post by CanIplay2 on Oct 5, 2004 14:43:20 GMT -5
CMKX L2 is not boring today. A massive shake down only to come back with strong buying. Doubt any of us are stupid enough to sell now but I bet there are more than a couple of us hoping to buy more.
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Post by WWJDthrume on Oct 5, 2004 15:06:06 GMT -5
Hi CanIplay2-Right you are on that. When I wrote that it was boring it was before the big tank. I was happy to see that. I think we will see a hige price increase. IMO-Maybe not tomorrow but perhaps it will begin in earnest tomorrow. IMO-Debi
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Post by noahltl on Oct 5, 2004 15:10:06 GMT -5
25 billion volume on CMKX
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Post by CanIplay2 on Oct 5, 2004 16:01:41 GMT -5
Debi I think we have seen some violent shaking today. Trouble for the MM's is that the lower they drop the price the harder we try to scrape up cash to buy more. MM's have to keep the Brokerage houses happy too they can not simply just buy all the shares themselves. They must fill our orders as well IMHO, at least some of them. My broker told me today it can take several days for dividend shares to be distributed even if the pay out date is indicated. There is no guarantee our UCAD shares or SGGM shares will retain their price until they are free trading but there is also no guarantee UCAD especially could not split or go higher in that same space of time. We still have no idea what our CIM shares are worth even today let alone next year. I think we will see volatile trading all week, I just hope UC and Roger have a humoungus bear trap. It is time to see some MM's burned for what I believe they are doing to this stock. I do not believe after months and months of studying L2 that all MM's are short but there are enough of them to keep our price down.
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Post by WWJDthrume on Oct 5, 2004 16:44:54 GMT -5
Hi CanIplay2 -I have no doubt that the price will go up and that longs will be rewarded. The UCAD dividend may be restricted so I expect that the price could change many times. Also UCAD will become a Nasdaq stock eventually and hit $20 and split and then do it again.
So anyway, once the MM's can no longer short the stock they have to eventually buy it from us to cover. They have shuffled it back and forth long enough. The DTC and SEC are aware of this and they will yank them off at some point. This is the most crooked market I could have ever imagined.
When we file and value is established we will see our price per share rise. We could even get a buyout offer eventually. I pulled some certs and I held up getting more since we are getting dividends. But I will plan to pull some more soon and think it can only help.
Looking forward to seeing what this will bring. -IMO-Debi
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Post by Tombraider38d on Oct 5, 2004 22:52:02 GMT -5
Noah, Deb or anyone knowlegable about yesterday. I was at work all day and never got the opp 2 see market. Waht happened as far as what I currently see as a high of 3 and low of ...1? Currently 2? I never see bid/ask on this CMKX. I'll put a buy in at 2 for morning. Was the .0001 a buy...sell...are they forcing a "cellar" from 1-2? Hope I buy at 2 but no hope if it's the sell. AL
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Post by WWJDthrume on Oct 6, 2004 5:02:26 GMT -5
Hi Al, There were a few people who did get to buy at .0002 yesterday. I have etrade and I didn't get a fill at .0002 but I did at .0003.
I am hoping we will see the price move up today. I understand some of the issues with the short in this stock and the Market Makers and their customers may hold out covering until their pain is greater than ours has been. They do have to cover the dividends and each one is going to be more difficult and more expensive than it's predecessor. IMO -Debi
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