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Old 04-25-2011, 07:11 PM   #51
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No offence Jay but that is pretty funny LOL!
I thought it was too.
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Old 04-25-2011, 07:15 PM   #52
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The only real advice anyone should give/receive with these stocks: invest what you can afford to lose.
.
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Old 04-25-2011, 07:22 PM   #53
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I've bought 50K a few weeks ago and 50k last week. So, yes.
This doesn't make sense. The average daily volume for the past 30 days was 60,973 shares a day. The average daily price for the past 30 days was $0.10 http://finance.yahoo.com/q/hp?s=ORFG...torical+Prices

To buy $50K, at an average price of $0.10 cents and with the daily volume of 60,973, you would have needed to buy EVERY single available share 30,486 (since you can only buy half of what is traded), for over 16 days straight to buy $50K in stock, because you would have only been able to buy $3,048.65 in stock each day. That means for 16 days, no one but you bought any. Since you bought another $50K "last week," that means for the past 32 days, you were the ONLY buyer.

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Old 04-25-2011, 07:45 PM   #54
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I think he is testing how stupid people are..... either to believe the scale of the purchases on such high risk stock or to blindly follow him in and give him his exit and profit.
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Old 04-25-2011, 07:51 PM   #55
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This doesn't make sense. The average daily volume for the past 30 days was 60,973 shares a day. The average daily price for the past 30 days was $0.10 http://finance.yahoo.com/q/hp?s=ORFG...torical+Prices

To buy $50K, at an average price of $0.10 cents and with the daily volume of 60,973, you would have needed to buy EVERY single available share 30,486 (since you can only buy half of what is traded), for over 16 days straight to buy $50K in stock, because you would have only been able to buy $3,048.65 in stock each day. That means for 16 days, no one but you bought any. Since you bought another $50K "last week," that means for the past 32 days, you were the ONLY buyer.

There was no block of 500k sold, and the price would have hopped if there was a large order. No broker would spread out a trade for so little commission.
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Old 04-25-2011, 07:52 PM   #56
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I think he is testing how stupid people are..... either to believe the scale of the purchases on such high risk stock or to blindly follow him in and give him his exit and profit.


That or he bought in for a few hundred/thousand and trying to pump up the stock by getting a few idiots here to invest a few thousand so he can sell and make $$.
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Old 04-25-2011, 08:16 PM   #57
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This doesn't make sense. The average daily volume for the past 30 days was 60,973 shares a day. The average daily price for the past 30 days was $0.10 http://finance.yahoo.com/q/hp?s=ORFG...torical+Prices

To buy $50K, at an average price of $0.10 cents and with the daily volume of 60,973, you would have needed to buy EVERY single available share 30,486 (since you can only buy half of what is traded), for over 16 days straight to buy $50K in stock, because you would have only been able to buy $3,048.65 in stock each day. That means for 16 days, no one but you bought any. Since you bought another $50K "last week," that means for the past 32 days, you were the ONLY buyer.

Full disclosure: I bought the stock in a 50k block to the original private investment group at < .10 a share -- and then loaned 50k towards to company as a 90 day loan for operations at a very nice yield.

This guys have made a grip and cash over and over. They will do it again.

That being said, it's risky. I (you) could lose everything, on the flip side - you can make a shit-ton if you time things right.

I have a good feeling on this one. If you have some disposable income you'd like to turn into more I think it's a great opportunity.
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Old 04-25-2011, 08:19 PM   #58
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Go, Gary, go!
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Old 04-25-2011, 08:30 PM   #59
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Full disclosure: I bought the stock in a 50k block to the original private investment group at < .10 a share -- and then loaned 50k towards to company as a 90 day loan for operations at a very nice yield.

This guys have made a grip and cash over and over. They will do it again.

That being said, it's risky. I (you) could lose everything, on the flip side - you can make a shit-ton if you time things right.

I have a good feeling on this one. If you have some disposable income you'd like to turn into more I think it's a great opportunity.
I am pretty sure you are breaking multiple laws in this thread.
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Old 04-25-2011, 08:31 PM   #60
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Going through the roof

I have a stock that's going to go through the roof any day now. I'd hold on, but have other investments to make. Contact me and I'll make you the proud owner of my 18,000 shares of Enron I bought at $.07 a share.
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Old 04-25-2011, 08:33 PM   #61
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I am pretty sure you are breaking multiple laws in this thread.
I don't know anything anyone else does or isn't public.

Research and decide for yourself.
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Old 04-25-2011, 08:36 PM   #62
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It jumped over 100% in within the last 5 days. Sounds like we're in the "dump" stage of a text book pump & dump.
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Old 04-25-2011, 09:57 PM   #63
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Enron

My Enron shares were paid for a bonus I had no idea I was going to get, figured it was better than placing it all on the Roulette wheel for Red, to double my money.
hey, sometimes, you just have to take a flyer.
Actually Enron had some good assets, Bankruptcy judges are too quick to sell. Had they kept some assets, I could have walked out at $1+ a share.
Canadian gold stocks have bee a scam since at least World War II. Probably since the 1st gold strikes of the 1800's.
Salted Mines, Pump & Dump, or it doesn't matter how big the gold vein is next door, you can be sitting on a rock pile while all 4 sides of you are are sitting on gold veins.

Last edited by Sunny Day; 04-25-2011 at 09:58 PM.. Reason: grammar
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Old 04-25-2011, 10:03 PM   #64
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shorting now 250k
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Old 04-25-2011, 10:14 PM   #65
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shorting now 250k
Missed to boat of shorting by a year or two ;)

Last edited by Adam_M; 04-25-2011 at 10:15 PM..
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Old 04-26-2011, 12:37 AM   #66
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I had a friend of mine ask me to buy hffp or hppf I forget which symbol. They came out with a diabetic drug made from a plant and owned the patent.

He invested $10K... basically his families savings at the time.

Two weeks later the big drug companies petitioned the FDA to shitcan the new drug and they did.

One second after that his $10K turned into about $700. I told him to sell and call it a lesson learned. He said, what is the point at this point? I am basically pot committed (poker reference).

Flash forward two months and his $10K was $24! It eventually went all the way to $7 and some change before it got de-listed.


But good luck!

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Old 04-26-2011, 01:06 AM   #67
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A pump n dump happened to my ex bro in law. Classic case, he tried to get me to invest, he said he had the inside track, that these people were his friends and they would let him know when to get out. RIIIIIIIIIIIIIIIIIGHT...... he lost 10's of thousands in the stupid scheme, along with some other family members who were in on it.
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Old 04-26-2011, 02:28 AM   #68
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take a look at the 2 year graphs ..

http://finance.yahoo.com/q/bc?s=ORFG...=on&z=l&q=l&c=

happened before to them .. they went all the way to 0.8
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Old 04-26-2011, 02:38 AM   #69
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Some third party probably bought a bunch of stock, paid a bunch of penny stock newsletters to highlight the stocks "promise" will then wait a day or two for all the suckers to buy into it and then try to sell everything they bought for a profit. You can see who the penny stock newsletters are that pumped this stock today at the following URL:

http://www.pennystockrumble.com/penny-stocks/?p=1028
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Old 04-26-2011, 04:02 AM   #70
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I put in a quick 1000 share limit order just for the fun of it...
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Old 04-26-2011, 04:04 AM   #71
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Full disclosure: I bought the stock in a 50k block to the original private investment group at < .10 a share -- and then loaned 50k towards to company as a 90 day loan for operations at a very nice yield.

This guys have made a grip and cash over and over. They will do it again.

That being said, it's risky. I (you) could lose everything, on the flip side - you can make a shit-ton if you time things right.

I have a good feeling on this one. If you have some disposable income you'd like to turn into more I think it's a great opportunity.
Exactly, if you can't take the risk get out of the game...
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Old 04-26-2011, 04:23 AM   #72
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stocks pulled.
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Old 04-26-2011, 07:11 AM   #73
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should change the thread title to "penny stock that will be worthless in about six days"
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Old 04-26-2011, 08:10 AM   #74
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dropped 25%
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Old 04-26-2011, 08:41 AM   #75
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weird site

comments on the left
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1
lovely balls
*
2
u gon get peehole raped when this crashes
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Old 04-26-2011, 08:47 AM   #76
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It's down 21% today...
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Old 04-26-2011, 08:57 AM   #77
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SCLZ ftw!

remember you heard it here first
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Old 04-26-2011, 09:04 AM   #78
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A pump n dump happened to my ex bro in law. Classic case, he tried to get me to invest, he said he had the inside track, that these people were his friends and they would let him know when to get out. RIIIIIIIIIIIIIIIIIGHT...... he lost 10's of thousands in the stupid scheme, along with some other family members who were in on it.
Yup and since it's a gold mine it's easy to find investors with all the big gold hype atm. For those who invested then best of luck on a big return.
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Old 04-26-2011, 09:37 AM   #79
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well, now we are at the dump phase.
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Old 04-26-2011, 12:23 PM   #80
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The cool thing about pennies is that you can only lost 100% and you can make 1000s of %

The bad news is that 99% of penny tips are worth about a penny or negative whatever you put in

Think of it like playing the lottery

I always wondered how those penny predictor websites showed such great track records. I think I get it now. Even if the price goes way up, you probably can't sell down fast enough to realize the actual profit? Is that it?
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Old 04-26-2011, 12:26 PM   #81
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Must be nice to have 100k in disposable income

Hope you make some serious coin on this Jay!
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Old 04-26-2011, 12:39 PM   #82
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The cool thing about pennies is that you can only lost 100% and you can make 1000s of %

The bad news is that 99% of penny tips are worth about a penny or negative whatever you put in

Think of it like playing the lottery

I always wondered how those penny predictor websites showed such great track records. I think I get it now. Even if the price goes way up, you probably can't sell down fast enough to realize the actual profit? Is that it?
Only what? Lose?
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Old 04-26-2011, 12:45 PM   #83
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Even if the price goes way up, you probably can't sell down fast enough to realize the actual profit? Is that it?
Bingo! The volume thus your ability to sell dries up fast.
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Old 04-26-2011, 02:39 PM   #84
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23% down lol, people are so fucking stupid sometimes it boggles my mind
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Old 04-26-2011, 02:47 PM   #85
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23% down lol, people are so fucking stupid sometimes it boggles my mind
BUY
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Old 04-26-2011, 03:33 PM   #86
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Old 04-26-2011, 04:23 PM   #87
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http://finance.yahoo.com/echarts?s=O...e=off;source=; i think says it all.
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Old 04-27-2011, 11:10 AM   #88
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Old 04-27-2011, 02:17 PM   #89
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last 30 min this stock went up .90cents, wow. I think we have a winner.
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Old 04-27-2011, 02:20 PM   #90
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23% down lol, people are so fucking stupid sometimes it boggles my mind
and folks laugh at shorts
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Old 04-27-2011, 03:16 PM   #91
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all the cash jay is holding in my sig, he made in the market
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Old 04-27-2011, 03:19 PM   #92
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last 30 min this stock went up .90cents, wow. I think we have a winner.
You must mean nine tenths of a cent. Today it's high was $0.31 at open, with a low of $0.23, and closed at $0.29. In fact, the 52 week high is only $0.49.

Doing a bit more digging, Orofino Gold Corp (ORFG) changed it's listing in December 2009 from SNT Cleaning Services (SNTI), formerly SNT Networks Inc, formerly "Clean 'N Shine'.
http://finance.yahoo.com/news/SNT-Cl....html?x=0&.v=1

"SNT Cleaning, Inc., a development stage company, focuses on providing cleaning, detailing, polishing, and valet services for automobiles, recreational vehicles, vans, and trucks in the Westlock area. The company, formerly known as SNT Networks, Inc, was founded in 2005 and is based in Westlock, Canada."

As you must realize, a company that changes not just it's name but it's whole business model does not inspire a whole lot of confidence. From what I have seen, such changes are usually for the purpose of concealing their past performance.
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Old 04-27-2011, 04:37 PM   #93
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You must mean nine tenths of a cent. Today it's high was $0.31 at open, with a low of $0.23, and closed at $0.29. In fact, the 52 week high is only $0.49.
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Old 04-27-2011, 04:46 PM   #94
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so who's the winner?
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Old 04-27-2011, 04:50 PM   #95
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sorry, wrong thread
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Old 04-27-2011, 04:55 PM   #96
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"SNT Cleaning, Inc., a development stage company, focuses on providing cleaning, detailing, polishing, and valet services for automobiles, recreational vehicles, vans, and trucks in the Westlock area. The company, formerly known as SNT Networks, Inc, was founded in 2005 and is based in Westlock, Canada."
heh, Westlock... that's close to my stomping ground when I was kid. Was raised close to there. It's a shithole dive of a town with a population of 5000. Doubt any company there is going to begin bringing in the millions.
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Old 04-27-2011, 05:00 PM   #97
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especially if you have 2600 shares
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Old 04-27-2011, 05:08 PM   #98
thepiper
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Quote:
Originally Posted by newB View Post

"SNT Cleaning, Inc., a development stage company, focuses on providing cleaning, detailing, polishing, and valet services for automobiles, recreational vehicles, vans, and trucks in the Westlock area. The company, formerly known as SNT Networks, Inc, was founded in 2005 and is based in Westlock, Canada."

As you must realize, a company that changes not just it's name but it's whole business model does not inspire a whole lot of confidence. From what I have seen, such changes are usually for the purpose of concealing their past performance.

Thats a reverse merger. Old company goes out of business and becomes a shell that a private company uses to go public without having to do an IPO. The real story here is all the loans that are convertible to stock at $0.0075 (yes less than 1 cent). So whoever "loaned" the company $50k really bought stock at less than a dollar a share that can be sold under rule 144a.
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Old 04-27-2011, 05:10 PM   #99
DatingGold
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Quote:
Originally Posted by xxxjay View Post
I just put in 100k in it, that's how confident I am...

https://www.etrade.wallst.com/v1/sto...uSNpV5VCtRrmI=

ORFG
100k shares or $100k??
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Old 04-27-2011, 07:02 PM   #100
rowan
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Interesting site. I remember 10 years ago I used to get a heap of penny stock spams. Someone on here mentioned a guy that set up a bunch of spam honeypots so he got as many of those notices as possible (and early since he had a lot of dupe addresses sitting in the mailout queue), which meant he had a good chance of buying into it at the very bottom of the climb. Genius.

I was thinking of coding something that tried to algorithmically figure out the best penny stock to buy (like pennystockrumble probably does) and then do an ongoing simulation of how much you could make, but that probably wouldn't work, right? The value of penny stocks would be heavily influenced by REAL purchases which you can't simulate? Still, interesting to think about.
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