Oldtent Archives 2007 - 2008

Don Stott—

We thought we had it bad… Poor Don’s out of a job…

Have had substantially the same thing happen when unloading a penny OB stock.
And get hit with a trade commission for every stinking little buy.

======================================================================

What if you sold a PM today. What would the trade look like??
-> Posted by silverngold @ 18:41 pm on October 23, 2008

I decided to sell my biggest loser today, just to see how easily it would sell. I owned 10,000 shares of OZN and placed the sell at the bid at $.14 (that’s cents). Here’s how the sell went…. a total of 31 transactions and I still have 891 shares left at the close. Here they are in shares per transaction. Remember this is a 14 cent stock. 93, 16, 130, 65, 129, 16, 100, 22, 11, 97, 129, 65, 130, 129, 130, 81, 48, 81, 57, 14, 11, and another 11 larger trades, all totalling 31 trades, and as I said, I still have 891 shares left.

Who in their right mind would buy 11 shares of a $.14 cent stock, or any of those small buys listed above?? If all the shares had sold in one trade, the total outlay would have only been $1,400.And with 31 trades, who would pay total commissions of $3,100 to buy $1,400 worth of shares??? And they did not even buy all the shares since I still have 891 shares left. DOES THIS NOT PROVE HOW BLATANT THE MANIPULATION OF THESE SHARES IS??? UNBELIEVABLE!!!

silverngold

Invest in Cattle not gold mines….

lends new meaning to the term

“Cash Cow”

now I’m done

thanks for the response.  Guess I will just wait and see what happens to prices in the next couple of months.  Hated having to pay the high high prices this spring and was thinking (big mistake on my part) that we might get back to 2007 prices at least.  Time will tell!  Thanks again!

I haven’t read a word barely but am interested in hearing about your time off.  I tip my hat.

who would have guessed greenie was a dog trainer

still waiting for a close above the high of the low day.

rno

Manufacturers of commercial fertilizers are trying to pass on product made when components of the blends were costing more……I’m hoping by spring some of the higher priced inventories will be out of the system……but hell…who knows in todays markets……by that time they may be more expensive…..depends a lot on what crude and nat gas do between now and then……Something tells me we could be getting pretty close to the low in crude. Pricing has become a major issue in my business…..We’ve seen more swings in prices of some ag-chemicals/fertilizers in a month during this past year than used to take place in several years.

All the best.——aggie.

STILLWATER* — “It can’t get any worse,” that’s what one Oklahoma State Regent said Tuesday morning, after getting another dose of bad news regarding funds earmarked for OSU athletics.

Yesterday all indications were that OSU Regents were reportedly told Friday afternoon that a large portion of the Boone Pickens donation in the BP Capital hedge fund was virtually wiped out by margin calls on the funds investments in the third quarter.

Today the news was a little more grim, as officials were told that actually, the entire $ 165 million donation, and the earnings, which once inflated the gift to over $ 300 million, had recently been eliminated by margin calls due to drastically falling oil prices.

As of Monday OSU’s gift had flat-lined completely and was declared ‘gone.’

But the gift came with a stipulation, as Pickens insisted that he and appointee Mike Holder, who he later named Athletics Director, be given total authority over how the funds were to be spent, and by whom.

And the move appeared to be a stroke of genius as oil prices soared in a post Katrina economic climate, swelling the initial gift to over $ 300 million. That was before things began to turn in 2007, as international demand for oil failed to meet projections, causing the fund to come to a sudden standstill, and then dropping on mistakes made, and repeated by fund managers, managed by Pickens.

As oil prices started to slide in early 2008 Pickens increasingly found himself on the wrong side of the volatile oil futures game, betting ’short’ as prices rose to $ 100, and then long as they began to fall, wiping out much of the two year gain in just four months, and causing AD Holder to announce that OSU’s future ‘Athletic Village’ facility expansion had been put on hold in July.

Now the project looks like it will be shelved, as O-State Regents try to just keep their heads above water while swimming in debt.

The school had borrowed almost all funds used in the celebrated stadium expansion, using the almost $ 300 million balance in BP Capital as collateral.

Some OSU Regents are livid that their pragmatic warnings were not heeded when the fund was flush with cash.

Pickens and Holder apparently both resisted pleas by some OSU Regents to bank a good deal of the balance out of the fund when it exceeded $ 300 million, just 14 months ago. Instead both endorsed a plan of borrowing almost $ 200 million needed to expand and renovate Boone Pickens Stadium on the Stillwater campus.

Ironically, the stadium had been re-named after Pickens following his generous donation in 2005. But now that stadium sits as a drain of over $ 1 million per month in interest payments alone, on an already strapped athletic budget, which annually ranks between 8th and 9th in the Big XII conference.

Today, the problem is how to fund the surprise interest that is expected to top $ 13 million annually, when just months ago the school was going full steam ahead on an aggressive expansion of facilities that it believed were already paid for.

BUT….. on review of the past 24 month posts, here and at other sites, and putting 2+2 together to get 3 we have the following :  market activity has been planned for the destruction of the dollar; the next step is the introduction of the amero; but before we get to total dictatorship, natural diasters will bankrupt this country and we will return to agraian ways for survival;  the powers that are behind the scene contolling and concocting this are in fact being directed by a ‘lower power’; the natural disaster to come (2012 ???) are being directed by a higher power ! correct me if i am wrong—- lets say :  no more than 5 years? 

you take the cake

cheers

#

havent you noticed ?

there’s a Premium on Bullsh!t these days

Hey thats it… Fertilizer is up and gold is down….Bretton Woods II Surprise……money will be backed by not gold or silver but Pure Bullsh!t (Fertilizer )

Banks will be required to have BS in their vaults…….so customers can reedem their BS for their paper BS Certifcates if they wish !

  What a fraudulent group. What’s stopping S&P from downgrading the U.S.?

  The Russians ought to refuse dollars for crude and back the Ruble with gold.

  I see the Euro and GBP are getting creamed again along with gold, I guess I’ll be wrong another day longer. I actually thought AEM was a good buy today at $22.90. KGC @ $8.10.

 Idiot.

and Aggie - what is holding fertilizer prices up?  I figure the prices should have come down a large amount but that has not happened.   Scratching my head!

……man is he Sharp !

…..Cool way to post it too……..He Speaks right from your Post…..just like you interview him !