Sunday, November 19, 2006

CMKM - Dead or Alive?

For those of you who know, CMKM Diamonds has been a wild ride this past 3 years.

Personally I have lost my wife and adopted son. The falling out was due to time spent at work and then on research. Oh well, guess that is what I get for trying to create financial freedom.

If your a trader, and I mean a REAL trader, then you know on Friday after 1:00 you look forward to Monday. Sad but true! Monday morning is like christmas every week. As of late though I've noticed some peculiar things:

1. Etrade and TDAmeritrade have both been creating bizzare journal entries. Mandatory Reorg fees and phantom deposits.

2. You get a sympathetic ear in relations to CMKM and the final outcome. Brokers do not comment about the situation, or any other NSS / NOBO stock, yet they will slip up regarding emails they have received or comments flying around the water cooler.

3. Execution times are amazing fast prior to the MMs walking the stock in a diffrent direction from you buy in price. You literally have to be in on the move hours prior to the run; up or down. This was not the case 2 years ago, all pinkie orders took forever!

4. Alert section of TD Ameritrade quotes SGGM between 42 and 49 dollars per share. Mental masturbation? All I know is the movement in the PPS is very peculiar; especially with the stock being delisted and not removed. As well, the PPS just started to change in the past 2 months almost on a daily basis. What is most interesting to me is the revelavance to the VWap system and Alphatrade's Investment or Portfolio manager data columns giving the OS, AS, and the float. Funny how many more OS there are compared to issued shares. This seems to be a in unison with toxic financing.

5. Both of my accounts did not meet the requirement for either apex or power terms and conditions, yet the status is approved for either account. Both had CMKX shares in equal amounts, approximately 40 mil in each give or take 10m more.

6. Accounting errors relating to sweep accounts ... or ? Funny how you can deposit 23k and find out later 4 or 5k is missing. WT ...?

7. I am going to call this week and pound them on my dividend shares. Perhaps someone will slip up :)


For those longs who have waited forever and a day, our time has come to shine. Funny part is, will it be diamonds or just plain stupidity on the part of the agencies governing this whole dog and pony show we call the stock market.

More to come, you can go long on that.

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