How are the s.i. crew in GBDX are u still in like me? Great play but wth, all stocks su.... But some don't im holding for the 1 yr buy out if any if ever ever say atalls. U gots toi have ALLS to hold this stock, I do.
UPDATE TODAY:
Forex
Serious Traders Wanted
GBDX should be over soon!
Readers don't wait for GBDX to finish before you download out Forex Demo. GBDX is VERY close and before you realize it we will be out of GBDX and you'll see me sending out a lot of Forex emails.
Example: I opened a 25,000 demo account and today it's over 57,000. This is serious profits and when GBDX is over I'll be ready for my cash account. Will you be ready? I hope you will see the extreme value of opening a demo account now and practicing when you get time. Please be prepared GBDX is about to give GBDX shareholders what they have been patiently waiting for.
****Group FOREX Demo*** globalforexnow.com ***
***Your Firewall Needs to Accept Feed***
Keep in mind this demo is for practice allowing the learning process before you move to a cash account once GBDX has paid us. It's also important if you make mistakes it's ok that's what a demo is all about. You might even lose all your demo cash and if you do go to "File" "Open New Account" and you start all over. It's so important that you don't get bumped out if you make bad moves while demo trading. Your suppose to make bad moves while you go through this learning process.
Many of us have been demo trading for a couple weeks ( 2 months demo trading is our goal). Normally we do all right making $30 to $100 per lot. We also take some losses as expected. Daily we are experimenting with "Stop Losses", "TP or Taking Profit Stops", "Trailing Stops". Readers there is so much to learn don't allow the platform to defeat you!! Every day I play with the platform finding new links etc..
Forex is 24 hour market – It starts from Sunday 5pm EST through Friday 4pm EST.
Readers download our platform and spend a few hours at convenient times practicing sharpening up you skills.
****Group FOREX Demo*** globalforexnow.com ***
***Your Firewall Needs to Accept Feed***
For many months I have promised Forex Trading, World Wide Currencies, once we are out of GBDX. I recently introduced Forex as a Demo platform because I believe within the next 60 days we should be out of our GBDX position with a decent Return on Our Investment.
Readers if you are a real trader you will find no market that you can trade in and out 50+ times per day making $20 to $500 per round trip trade. Also if you think you are a pro stock trader understand Forex is fast and you might not be capable of understanding this fast paced market. Under normal circumstances someone that wants to learn Forex is better off not being a person that thinks he is an expert. Learn the rules at the start and make a daily income. You can go live with as little as $500 but at least $5,000 or more should be considered.
Readers here is a link to the Group Forex Demo
****Group FOREX Demo*** globalforexnow.com ***
***Your Firewall Needs to Accept Feed***
To be successful trading the Forex Currency Market it takes
Practice Practice Practice Practice Practice
Cross Currency Pairs or Cross Rate - A foreign exchange transaction in which one foreign currency is traded against a second foreign currency. For example; EUR/GBP
Currency symbols
AUD - Australian Dollar
CAD - Canadian Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
CHF - Swiss Franc
Currency - Any form of money issued by a government or central bank and used as legal tender and a basis for trade.
Currency Pair - The two currencies that make up a foreign exchange rate. For Example, EUR/USD
Forex
This is a good place to start if you are new to the Forex Market. By making comparisons to the Stock Market, I will attempt to explain what you will be trading in the Forex Market
In the Stock Market you are buying shares of stock whereas in the Forex Market you are buying currency in "Lots" also referred to as "Contracts". Each Lot or Contract has a face value of $100,000 dollars.
Currencies are bought and sold in pairs. Each trade symbol has two currencies listed in the symbol. The currency listed first is the base currency representing what you are buying or selling. The second currency symbol is how much your paying for it when converted to that currency
For Example:
Symbol What it Represents
USD/CHF Cost of 1 US Dollar in Swiss Francs.
USD/JPY Cost of 1 US Dollar in Japanese Yens.
EUR/USD Cost of 1 Euro Dollar in US Dollars.
GBP/USD Cost of 1 British Pound in US Dollars
The Forex Market has a Bid and Ask Price, similar to that of the Stock Market. Therefore, assume the following using the symbol for the Euro Dollar vs. the US Dollar
EUR/USD
SIZE BID
1 1.2080
ASK SIZE
1.2081 1
Size = Number of "Lots" or "Contacts" being offered or sold.
1 Lot = $100,000
2 Lots = $200,000
3 Lots = $300,000
Bid = The price you can sell at
Ask = The price you can buy at
This means:
I can buy 1 lot of the Euro for $120,810 US Dollars
or
I can sell 1 lot of the Euro for $120,800 US Dollars
Do not let those numbers scare you. You don't actually have to come up with that amount, but we will get into that further down the road.
In the stock market a tick represents movement in the price. In the Forex Market we call it a "Pip". You can make money by going Long on a position or Short.
In other words:
If I buy 1 Lot of the EUR/USD, I just took a Long position because I think the price will go up. When the price goes up I sell my 1 lot for a price higher than what I paid.
If I sell 1 Lot of the EUR/USD that I do not own yet, I just took a Short position because I think the price will go down. When the price goes down I buy 1 Lot at a lower price than what I sold at.
Now lets talk dollars and cents. How much money are you making with each Pip? A pip is the smallest measurement of movement in the Forex Market. It's value will vary with each different currency pair. You have two options now.
Look at the chart below for the approximate amounts on major currency pairs
Symbol Value of Each Pip in either direction /lot
x1 x2 x3 x4 x5
EUR/USD = $10.00 $20.00 $30.00 $40.00 $50.00
USD/CHF = $7.87 $15.74 $23.61 $31.48 $39.35
USD/JPY = $9.17 $18.34 $27.51 $36.68 $45.85
GBP/USD = $10.00 $20.00 $30.00 $40.00 $50.00
AUD/USD = $10.00 $20.00 $30.00 $40.00 $50.00
USD/CAD = $7.42 $14.84 $22.26 $29.68 $37.13
EUR/GBP = $11.82 $23.64 $35.46 $47.28 $59.10
NZD/USD = $10.00 $20.00 $30.00 $40.00 $50.00
GBP/JPY = $5.02 $10.04 $15.06 $20.08 $25.10
These pip values were calculated based on the foreign exchange rates on June 24, 2005 at 12:58pm eastern standard time
So if I buy 5 lots of the EUR/USD at 1.2084 then sell all 5 lots at 1.2104 I would have made $1000.00 on that trade. Not a bad trade.
I would imagine your still asking yourself "How on Earth can I afford to buy 1 lot of currency of $100.000?"
Its called Leverage or Margin. For every $1.00 you put in, we will match it with $50.00, (50:1 Leverage). So an initial deposit of $10,000 allows you to trade $500,000 of currencies. And, NO...we will not let you trade to the point of having to be faced with a margin call. We have safe guards built into the system that will prevent you from loosing.
The main timing characteristics of the Forex market are the following:
* Forex is 24 hour market – It starts from Sunday 5pm EST through Friday 4pm EST. Rollover at 5pm EST
* Forex Trading begins in New Zealand, followed by Australia, Asia, the Middle East, Europe, and America
* The US & UK account for more than 50% of the market transactions
* Forex Major markets: London, New York, Tokyo
* Nearly two-thirds of NY activity occurs in the morning hours while European markets are open
* Forex Trading activity is heaviest when major markets overlap.
From this timing facts, it is quite visible that at any given time, somebody somewhere in the world is buying and selling currencies. As one market closes, another market opens. Business hours overlap, and the exchange continues as day becomes night and night becomes day.
Forex market volume of transactions remains high during the whole day, but peaks highest when the Asian market(including Australia & New Zealand), the European market and the U.S. market are open simultaneously. And these are the trading hours you must target in order to find the highest possible amount of profitable trades.
This is the breakdown of OPEN Market Times for your reference:
* New York Market trade times: 8am-4pm EST
* London Market trade times: 2am-12Noon EST
* Great Britain Market trade times: 3am-11am EST
* Tokyo Market trade times: 8pm-4am EST
* Australia Market trade times: 7pm-3am EST
Is it really that simple?
Yes...PROVIDED you understand the risks!
Readers here is a link to the Group Forex Demo
****Group FOREX Demo*** globalforexnow.com ***
***Your Firewall Needs to Accept Feed***
To be successful trading the Forex Currency Market it takes
Practice Practice Practice Practice Practice
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Disclaimer Release Of Liability:: WillyWizard.com LLC or Harold Engel is not held liable for any losses you may incur. Trading currencies on the foreign exchange is not for everyone and carries a high risk level. The possibility exists that you could lose some or all of your deposited funds. Consider carefully your monetary objectives, level of experience and risk tolerance. The Introducing Broker is compensated through the Bid/Ask Spread.
PalTalk Room
WillyWizardsUnderGround
I invite you all to come to our group PalTalk Room. Many are downloading PalTalk for the first time and most are able to follow simple directions to our room. For those that are having troubles I help them out the best I can. Usually we get them into PalTalk and they are happy they came and tried the room out.
Readers, I don't want your money. I also don't want pump n dumps to steal your money. We look for good solid companies that have a future. Even my advertising companies have futures and we discuss them in the room.
FOREX: Worldwide currency trading can be very profitable for those that don't mind taking a little risk. I will start trading currency once again after GBDX payout. For those that don't understand currency trading I'll provide you with a demo account so you can learn about currency trading without risking your hard earned money. Currency trading is not for everyone but it can be fun and very profitable.
Take some time this weekend to download PalTalk so you can be with us Monday. Room members start arriving early, some at 7:30 am to 8:00 am EST. I'll see you there between 5:00 am to 6:00 am PST.
Don't be bashful we welcome new participants.
THIS IS A NO COST INVITATION! It doesn’t cost one cent to participate! PalTalk has a free version so you don't have to buy a membership.
Directions to our room: The directions are simple, not complex!
download program paltalk.com You will need to make an alias.
Very Important! One more step to keep in mind. Once you have downloaded PalTalk you should have a blue icon in your tray or on your desktop. You do not enter paltalk rooms directly through paltalk.com. You enter through this ICON so it's important to save this to your desktop!
Some are needing me to give a permission approval. This approval only happens to a few. I check this section of my admin section often approving new members.
Once you logged in through your desktop blue icon click room link and you will see rooms.
go to ”Business and Finance”
go to "Investments”
go to ”WillyWizardsUnderGround”
password "rumble" lower case only
I guarantee you will enjoy the room.
Seriously Don't be bashful
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NASDAQ & NYSE ROLLING STOCKS
Everyone Go Check this Newly Upgraded Site!
I have been adding quality companies weekly to this site
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"Companies I Follow"
OTCBB, Pink Sheet & Others
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"Hurricane Stock Plays"
Hurricane Stock Plays
STAY STRONG!!!!
I Continue to Expect News Updates From The Company
At Any Time!!
These news updates could come at any time. I don't believe we will see any leaks before the news is released. What I do believe we will see is a huge share price increase to the .01 area, then news, then another run to the .03 to .08 ranges and the final outcome a Tender between .05 to .10 or higher
Readers,
I am continuing my wait for news. Some would say I don't have a choice but to wait. I can always sell so I do have a choice. I am still 100% sure news is coming at any time. Anyone flipping this stock will eventually flip and the stock price will continue higher as more and more news is announced or leaked out to the public. So flippers flip your shares and move on LOL. The day of the flipper and basher will soon end.
Do You Feel Like a Professional Waiter
Many are finding out waiting for an expected windfall of profits is what holding a speculative stock like GBDX is all about. There is nothing wrong with being called a Professional Waiter. Over the years I watched many stocks explode and those owning them were laughed at but when they exploded it was no laughing matter for the bashers.
The Professional Waiter will prevail on this one in my opinion.
Thank you,
Hal Engel
(7,478,000 shares as of 1/25/08)
Readers,
In my opinion only I think news could start coming out next week. If this happens I am looking for continuing news right into the Tender. I had a this email thanking me for the recent hit they have made. They asked if GBDX was over and I said NO WAY!
"Thursday, January 24, 2008 6:19:50 PM ----Willy Thank You for the heads up on the GBDX run. Thanks to you willy I made $70 k. Willy what is a good stock now to invest my GBDX earnings in? Is GBDX over and done with now, the price looks like it is falling.
Thank You Willy
XXXXX"
Readers, I believe good things are coming very soon. Also nothing is wrong with taking profits but do you make a big hit then question reentry in a new position for some other dog pink sheet stock is funny. I am all in GBDX and I feel safe having my money in this stock position. In no way would I sell and buy some other iffy stock and ride it to the bottom. I think you are noticing I am not covering many OTCBB/Pink Sheet companies at this time. I do have my eye on 4 or 5 but there are very few worth buying at this time. Especially to sell my GBDX before the Tender to move this money into another very risky play.
I don't need to throw darts looking for a winner because GBDX will be a huge winner at Tender.
Thank you,
Hal Engel
(7,478,000 shares as of 1/25/08)
Readers,
GBDX showed everyone that the downside we have had the last 6 months is reversing to the upside. GBDX share price hit .0029 then retraced about 50% closing at .0018 Friday. I remain highly confident something is about to take place.
I have been writing about a 15c211, see below, as a method Sib Almaz could show everyone who they really are. I think they are about to come out and proclaim they are a big company worth millions of dollars. Is Sib Almaz really Crystal as many are guessing? If they are watch out above because the stock price is going to soar to new heights.
Please Read Everything Below
Thank you,
Hal Engel
(7,478,000 shares as of 1/19/08)
My Tender Target
End of February to late March
(my own personal opinion)
I REMAIN SERIOUSLY CONFIDENT GBDX WILL Tender!
Meet Billy our Mascot
Thumbs Up Get Ready to Rumble!
/February/March Months to Remember
Readers,
In November I wrote about a 15c211 that would give everyone all the information that would be needed by the SEC and shareholders to determine or see their investment has value. I believe this value will show everyone a possible worth for the upcoming tender.
I sent this out in November and think it's worth putting in this Weekly Newsletter.
This is my opinion
Readers this 15c211 doesn't mean a Tender is not going to happen. It is a way to prove value and stop any halts when tender is filed or related news is starts to be announced.
GBDX Update
November 14, 2007
I have sent out links about what is needed to tender. Most have read
them and for those that haven't the more important point is the
structure of Global Diamonds and Sib Almaz since they have gained
control. I am going to make this brief.
Headline GBDX Web Site "When can I see the financial information?"
The company is in the process of hiring an S.E.C. approved audit firm
with multilingual capacities. The company only wants to release
reviewed or audited financial data. This includes size of the first
shipments, sales, profits, share structure. All financial data that
would be relevant to normal GAP accounting procedures and audit
standards. It will be released to all shareholders at the same time.
The companies goal is completely audited and disclosed financial
information. As soon as the reviews are complete and signed off the
company will release information. When the audits are complete the
company will evaluate the merits of another exchange. Source Link: globaldiamondex.com
My opinion
GBDX Shareholders most ignore what is on the company web site, I
DON"T!
Even in the tender process Global has to show it's true value to
validate a decent Tender Offer. If they don't the SEC will halt
trading for 10 days and I am sure Sib Almaz will not let this happen.
It's the new guys running the show not a phantom take over company
like many want you to believe.
When you read this statement focus on every word but I don't believe
the true intent is going to a higher exchange unless it's a
conglomerate of four or five companies once Global has been possible
taken private then returns trading as a new company.
What I do believe
GBDX could possible file it's financials. This could happen any day
and is needed. Everything in that paragraph would be included up to
date. "The companies goal is completely audited and disclosed financial
information. As soon as the reviews are complete and signed off the
company will release information."
This Would Be huge
Readers if GBDX files it could be in a Form 15c 211. This filing
would meet SEC requirements and when the Tender is announced no
questions would be asked and no halt would take place by the SEC.
This is a SERIOUS filing and has every thing included in the filing.
The is a Market Maker filing. I believe this filing will be done by a
friendly Market Maker that the company has found to represent them in
the direction they are headed," The company's ultimate goal is to
eventually exit from the domestic markets."
News Source Link
app.quotemedia.com
15c211
The basic idea behind designing Rule 15c211 was to provide fully
reporting public companies an easy way to have their securities
quoted on the National Association of Securities Dealers' Over-the-
Counter Bulletin Board (NASD OTC/BB). A company intending to obtain a
quotation for its securities has only to file in some simple
disclosures through form 15c211, commonly known as form 211, with
NASD, and once approved, it will be able to trade its stock on the
OTC/BB.
searchwarp.com
Nowadays, going public has become an appealing proposition for most
entrepreneurs due the advantages, as attracting more potential
investors and more capital, it offers. There are basically two ways
for a private company to become a public company, first, is the
Initial Public Offering (IPO) method, and second is the reverse
merger method. Due to benefits as higher valuation, easier capital
formation, inexpensive acquisitions, and lesser costs and risks, most
capitalists prefer reverse merger method for going public.
As soon as the reverse merger process is completed, two tasks are
performed:
#1 The private company gives its name to the newly formed public
company.
#2 An information statement called 8-K, which includes the
information about the newly formed company, its new officers and
directors and its stocks, and a full description of its business and
financial statements audited to US GAAP standards, is filed within 4
days of the merger.
The basic reason behind reverse merger was to be able to trade
publicly, and for this to happen, the newly formed public company
must register with the Securities and Exchange Commission (SEC). The
company can use SB- 1, SB-2, or Form 10 for registration. After about
three to four months, SEC will declare the registration statement
effective and thereafter, the new public company will become a
reporting company.
The newly formed public company, which is also a reporting company,
must also have a symbol. To obtain the symbol, the company would have
make an application to the NASD, which requires filling of Form
15c211. """ Only a market maker who is the member of the NASD can
fill Form 15c211. """ Important Note!!!
Although there are no stringent financial requirements to be listed
on the OTC/BB, but NASD ensures that the company's affairs are in
order, and there are at least 40 to 50 shareholders and sufficient
float before approving Form 15c211. The entire process takes about
three to six months. Once, NASD approves Form 15c211, the company can
have its securities quoted on the NASD OTC/BB. Source Link 15c211
Brief Summary
To file a 15c211 doesn't mean they have to go to a higher exchange. It
does mean they are headed in that direction and they disclosed all
financials.
This sentence is key so they have a Market Maker backing their
play. "Only a market maker who is the member of the NASD can fill
Form 15c211."
Readers
This is my opinion and if it happens this is one of the steps needed
to move to the Tender. Also nobody could question the validity of
Global Diamonds. It would all be public knowledge in a publicly filed
document.
Back in March the Tender was filed. I understand it's months later
but to file a 15c211 it takes time. If this happens some serious
eyeballs are going to pop out, the longs, the shorts and the SEC and
many non committed buyers.
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This article I wrote on Shorts should be posted where ever bashers are posting, most are professionals and short stocks. |
