This may help:
SOME THINGS THAT ARE HAPPENING.
By: diamonddays0
22 Jun 2004, 05:58 PM EDT
Msg. 27042 of 27044
Jump to msg. #
I don't agree with zeninvestor all the time. But I would like to do a big ditto on this message:
Posted by: zeninvestor32
In reply to: None Date:6/22/2004 5:51:10 PM
Post #of 36210
SOME THINGS THAT ARE HAPPENING.
Is there a silver lining in the middle of this murky time frame? Yes.
The company is actually starting to act like a real company. And this must be scaring the shorts far more than anything else right now. We have hired a top tier law firm. We have switched transfer agents. We have shut down our message board. Melvin's IBC appearances have now been yanked. The "Get it while it's hot" self-promotion on the website has been removed. In the past 12 days, despite a sagging stock price, no PRs have been put out to try to prop the price up (the lawyer PR was one paragraph and straight forward, and the message board PR was obviously not intended to promote the company, just to inform investors (albeit in an immature way)). All of this is pretty much contradictory to the way most otc or pinks operate at this juncture. And that must be pretty scary to some shorts. Most otcs or pinks at this point begin an even MORE aggressive promotional push to "combat" everything being thrown at them. To the contrary, things are frustratingly quiet on the long front.
And they should be. The problem with most otcs and pinks is that good lawyers are NOT involved and the CEOs end up doing all the things that the shorts just sit back and LAUGH at. Let me give you a good example. Here's a press release from a company that I suspect is under a short attack. Their stock price reached almost two dollars and got slammed back to 60 cents. So how do they respond? With this press release:
biz.yahoo.com/prnews/040614/phm018_1.html Laughable. A self-proclaimed piece of promotional rubbish that actually has the gall to declare themselves the next TASR. How did the shorts react? Oh no!!!!! They let the buying frenzy run the stock from 63 cents to 95 cents on the day of that press release. And they have comfortably shorted it back down to 78 cents today with probably much more to go. Or how about QBID's daily "message hotline" which basically feeds advanced notice of their press releases to the public. All efforts by pennyland CEOs to fight back exactly as the shorts anticipate them to fight back.
My point is that instead of seeing such desperate moves, CMKX has been strangely quiet. They didn't even put out a press release to try to "explain" the press release from UCA/KPG, a move I almost for sure thought Urban would try to squeeze out. Nope. Nothing. Any coincidence that in the middle of this silence is a PR simply stating that the new law firm is beginning its work? I think not. I think we are starting to finally see the wheels of the law firm start to turn. Slowly at first. More rapidly I hope as true progress emerges.
If we're for real, than this is the path I find MOST encouraging. If we were NOT for real, I suspect we'd be seeing some pretty aggressive promotional efforts going on right now in an effort "support the share price" and "increase shareholder value". The fact that we have Edwards Angell in our corner right now is presenting a very unique wrinkle to the naked shorts -- they have likely never faced an otc or pink sheet with actual legal firepower behind them. To compound matters even worse, there are so many "free riders" at this stage (people who are letting their shares ride after taking an initial investment off the table) that those shares are simply not coming loose. Not in enough volume at least to counteract the buying.
I know this is tough and it's almost laughable after we've fallen from .0011 to .0005 but my honest guess is that the shorts are now starting to get reasonably concerned and our game plan is starting to mature behind the scenes. In ten years of penny investing, I've never seen these forces align quite like this. I can't say that I "like" our position since I'd rather us be in the pennies already. But I can say that this is the path I would most likely script out for a small, emerging company that actually has something tangible and real and wants the world to take them seriously.
Good luck to us. There will be many pain threshholds. I think where we are right now is the first among many to test our will.
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.
ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=27042
?
?