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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 07-11-2007, 11:20 AM
mattos90 mattos90 is offline
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Default Ravi RAVEN MOON ENTNM NEW

Was a reverse split, had a nice run yesterday. Anyone think that you should buy on the dip today?
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Old 07-11-2007, 11:52 AM
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Default Re: Ravi

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Originally Posted by mattos90 View Post
Was a reverse split, had a nice run yesterday. Anyone think that you should buy on the dip today?
They did a reverse split and then filed an S-8. S-8-=sell shares

Never ever buy Raven Moon. There only fucntion is to sell shares to the public. This is their MO.

There is never and I mean never a good reason to buy Raven Moon. Multiple repeat reverse split offender.
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Old 07-11-2007, 11:55 AM
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Default Re: Ravi

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Originally Posted by greencat View Post
They did a reverse split and then filed an S-8. S-8-=sell shares

Never ever buy Raven Moon. There only fucntion is to sell shares to the public. This is their MO.

There is never and I mean never a good reason to buy Raven Moon. Multiple repeat reverse split offender.
No doubt. They're gonna have to change completely pretty soon. They're running out of tickers with R and V in them.
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Old 07-11-2007, 12:27 PM
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Default Re: Ravi

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Originally Posted by Klipper22 View Post
No doubt. They're gonna have to change completely pretty soon. They're running out of tickers with R and V in them.
LOL klip I actually thought the same thing..

I ned to get the reverse split offender list posted somewhere on SMC
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Old 07-11-2007, 04:04 PM
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Default Re: Ravi

s-8 came out the same day as r/s to give you all an idea how these penny stocks can be s8 for 1 billion shares to be dumped in open market. i picked up some at .015 just as an experiment and have no problem loosing the money but i wanted to watch what happens because it is inpossible to paper trade on a big spread low float and get a feel for it. i will most likely loose on the play but willing to take a chance. i call it the cost of education
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Old 10-11-2007, 08:57 AM
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Default Re: Ravi RAVEN MOON ENTNM NEW

Saw the post asking a question about these guys and couldn't believe they're splitting AGAIN. Guess I wasn't wrong that they ran out of tickers with r and v. lmao Now RAEM. Here's a history of their recent splits so you can see how much a repeat offender does this. List doesn't even include the latest one from this month.

# Capital Change=shs decreased by 1 for 4000 split. Pay date=7-3-07
# Capital Change=shs decreased by 1 for 4000. Pay date=03/08/2007.
# Capital Change=shs decreased by 1 for 2,000 split. Pay-date=12-15-06
# Capital Change=shs decreased by 1 for 200 split. Pay date=9-20-06
# Capital Change=shs decreased by 1 for 50 split. Pay date=07/10/2003.
# Capital Change=shs decreased by 1 for 20 split. Effective date=7-17-06
# Capital Change=shs decreased by 1 for 75 split. Effective date=2-17-06
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Old 10-11-2007, 09:10 AM
elvis elvis is offline
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Default Re: Ravi RAVEN MOON ENTNM NEW

thanks guys, pinksheets.com sure comes in handy knowing what to look for thanks to yall =)
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Old 10-11-2007, 03:48 PM
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Default Re: Ravi RAVEN MOON ENTNM NEW

Quote:
Originally Posted by Klipper22 View Post
Saw the post asking a question about these guys and couldn't believe they're splitting AGAIN. Guess I wasn't wrong that they ran out of tickers with r and v. lmao Now RAEM. Here's a history of their recent splits so you can see how much a repeat offender does this. List doesn't even include the latest one from this month.

# Capital Change=shs decreased by 1 for 4000 split. Pay date=7-3-07
# Capital Change=shs decreased by 1 for 4000. Pay date=03/08/2007.
# Capital Change=shs decreased by 1 for 2,000 split. Pay-date=12-15-06
# Capital Change=shs decreased by 1 for 200 split. Pay date=9-20-06
# Capital Change=shs decreased by 1 for 50 split. Pay date=07/10/2003.
# Capital Change=shs decreased by 1 for 20 split. Effective date=7-17-06
# Capital Change=shs decreased by 1 for 75 split. Effective date=2-17-06
LOL how 1 share got cut up over that time:
Original____1
1:75______0.0133333333333333000
1:20______0.0006666666666666670
1:50______0.0000133333333333333
1:200_____0.0000000666666666666
1:2000____0.0000000000333333333
1:4000____0.0000000000000083333
1:4000____0.0000000000000000020

It would have to go up 480,000,000,000,000,000% to get back to that 1 share! (that's a lot of zeros!)

Last edited by thinksnow; 10-11-2007 at 03:51 PM.
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