Hot Penny stock

mush

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They dropped a bomb last night @ 1130pm with a news release of big time law firm the retained. Should be a very interesting day on monday
Ryan
 

mush

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Yeah it seems to have a lot of pumpers for it recently. But the company has backed it up with a couple of solid prs and there is huge hope of a big diamond find. We closed @ .0008 from .0001 a week ago and are trading at .between 7-9 today. Hopefully it continues and if there are diamonds forget it we will see 10 cents at least.

Ryan
 

mush

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Not sure what the float is. I heard they could have as many as 500 billion but have bought back and could have as low as 15billion out. I also heard there could be a ridiculous naked short in the stock and that is why the company is doing a full audit as well as hired a big time Law Firm from NY.

Late last night the annouced they found Diamonds. Should be some huge news coming next week IMO. This stock could run if the rumors are true but the Diamond find should give a big run monday regardless

Ryan
 

MadJack

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i just bought this yesterday. i bought 15.1 million shares for .00009, about 1500 bucks invested for a chance of maybe millions :D

a lot of people are speculating .05 to .25 in the near future. they are going to court on tuesday about a filing issue but something to do with naked shorts as well.

a good friend turned me on to this thing and i hope he's right. to the moon, babeee!

here's some info on a couple other boards.

http://cmkxdiamond.proboards32.com/index.cgi?board=general

http://cmkxdiamond.proboards32.com/index.cgi?board=newbie

http://ragingbull.lycos.com/mboard/viewclub.cgi?board=CLB00206
 

Captain Crunch

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Jack, would like to hear any info you have on this one. I think a bunch of people staked their life savings in this one. Has all the makings of a scam, but time will tell. They have been financiing a funny car with the funds from this company. I haven't been following it much, as there is so much BS floating around. If it goes to a penny, I will be happy, two bits and I'm having a party.

Good Luck
 

Trampled Underfoot

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Hopefully this doesnt explode for awhile... just signed up for Ameritrade and its gonna take me 5 days to get funds in there....too bad they dont take Neteller!!!! :mj07:
 

MadJack

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the scam is the market makers naked shorting the stock. i really don't know that much about it (nothing actually) but if court goes well on tuesday this thing could go crazy if the mm's have to cover. hell yeah, if it hits a penny, i'm happy as hell with approx 750K to cash in. a quarter and i'm retired :D

ameritrade won't sell it anymore (something to do with the naked shorting). all the info is in the links i posted above. i had to open with e-trade and wait a week before i could buy anything less than $5 a share. i opened with e-trade and sent the funds eft and the money was there in a day or 2.
 

MadJack

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cmkx it is.

read some of those forums. people are really excited about this.

huge potential with little risk. of course you could lose everything you put in but....gain a hellava lot. i'm treating it like a parlay bet that pays off much better than parlays do :D

good luck
 

Trampled Underfoot

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Yeah i'm still stuck for 7 more business days.......made a deposit of $1,000...was going to pick up 10 million shares....hopefully i'll still have a chance next week after the 7 day waiting period. What the hell is right....its worth a shot. :scared
 

MadJack

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it might be smarter getting in after tuesday anyway. i don't know chit about this either but my buddy does well with these high risk pennies and he's optimistic as hell.

good luck!
 

Captain Crunch

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Trampled Underfoot, you need to wire the money to your account from your bank. Takes less than a day and my bank charges me $16 for any amount. By far the quickest way. I have an Ameritrade account, but bought this probably six months ago, so not sure about the naked shorting. That crap has been going on for years. These MM's are a bunch of crooks IMO, selling shares that don't exist. I hope they get there ass handed to them.

Jack, why don't you get your buddy to start posting his penny stock tips in this forum????? You might be right about the timing on this, as when you would expect it to go up on good news, it usually works the opposite way that you think it would.

Good Luck
 

Red & Black

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What online brokerage sites are taking orders for CMKX? I use Buy&Hold for most of my trading, except that they don't allow for the purchase of most penny stocks. Thanks.
 

Trampled Underfoot

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Been reading a lot on this stock....just seems too good to be true. Rumors of settlement over the NSS....why arent more picking up the stock if the possible payout could be so big? Seems like a small risk for a nice shot at a big payoff. Anyway i'm up to about 20 million shares and thats it for me. I'll hope for a penny or two and hang on to a few million hoping for more.
 
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