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**Aufan 1983** · #1 08-15-2007, 09:08 AM

Just a note for anyone that hasn't seen this. It was mentioned on Hippychix thread also but take a look at what a reverse merger can do and you will see why everyone is always hunting the next one.

SMXT closed @ .004 Monday and ran yesterday to close @ .44 a gain of 10,900%

Now some that bought may be unaware but their filing plainly says there will be a 1:4 reverse split once the merger occurs.

Weirdharold · #2 08-15-2007, 09:18 AM

I sure would have liked to have had a $1000 in that at close price on Monday! That would have only allowed me to take $110000 just before close yesterday. That is scary.

**Aufan 1983** · #3 08-15-2007, 09:22 AM

Quote:

Originally Posted by Weirdharold

I sure would have liked to have had a $1000 in that at close price on Monday! That would have only allowed me to take $110000 just before close yesterday. That is scary.

Its unreal..... volume was over 6 million so its not like they popped the price there on a few shares.

If we could just find one of those................:D :D

Weirdharold · #4 08-15-2007, 09:28 AM

LOL If I had a grand in it a close on Monday I would have had to not been able to watch the market until just before close to have taken advantage of that run though. I would have bailed about 1:50 @ .14

Tau44 · #5 08-15-2007, 09:54 AM

what is a reverse merger?

btltreasures · #6 08-15-2007, 10:06 AM

Quote:

Originally Posted by Aufan 1983

Just a note for anyone that hasn't seen this. It was mentioned on Hippychix thread also but take a look at what a reverse merger can do and you will see why everyone is always hunting the next one.

SMXT closed @ .004 Monday and ran yesterday to close @ .44 a gain of 10,900%

Now some that bought may be unaware but their filing plainly says there will be a 1:4 reverse split once the merger occurs.

Hopefully cggp will be the next R/M.

**Aufan 1983** · #7 08-15-2007, 10:08 AM

Quote:

Originally Posted by Tau44

what is a reverse merger?

There is a shell stock which is a stock symbol that actually has no operating company. Its a symbol only. A private company that wants to go public buys the shell in order to take their company public and move into that shell. It is a much faster and easier way to go public.

Tau44 · #8 08-15-2007, 10:37 AM

how do you find these shell stocks?

**Aufan 1983** · #9 08-15-2007, 01:23 PM

Quote:

Originally Posted by Tau44

how do you find these shell stocks?

From filings or the rumor mill. Some work and some don't justy like everything else

Kazmania · #10 08-15-2007, 05:30 PM

Man, find a couple of these R/Ms and then you could spend all of your time looking for more, because you'd have the ability to tell your boss where to go! I've seen like 3 stocks go 10,000% in one day now, and by golly I'm going to get in on one, one of these days!!!