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AWYB.PK - short squeeze

Started by gmarc66, September 28, 2006, 09:51:20 PM

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gmarc66

This stock has been kind of incredible.

It used to be AWBV.

AWBV had a 1:5000 R/S.  On the day the symbol and r/s took place, some holders had accidentally sold short as the brokers had not adjusted their share amount reflecting the r/s.To top it off, it should have opened at .50 that day, but there seemed to be some confusion on the mm's part with the pps, and the low pps caused the traders to short sell  and the pps immediately tanked to a low of .001. Smart people noticing this error immediately picked up on the flaw and started buying...a buying frenzy occured, driving the pps skyward. Within 2 days it hit a high of .23.

After that the pps got tossed around a bit, and started to slowly drop, mms' supposedly trying to bring the pps down to cover their short positions.

Many people were taking advantage of the low pps these last several days, realizing that this stock is still in quite a short position. 

A pr was issued yesterday by the company addressing this issue.

Today, the buying frenzy once again started up and hit an intrady high of .22, just missing the last high pps.

There is supposed to be yet another symbol change coming very soon to accomodate the companies new business plan. The fact that this stock is still in a short position and is expected to get a new symbol change very soon is supposed to cause yet another run.

Also, just as a side note, if the pps does hit and pass .23, a g-spot breakout is also in effect...i love those g-spots :)

I did buy this stock today again (near hod,what else is new ;D (had flipped it a couple of times during the frenzy), but don't want to miss another possible PAIV situation..could be a very similar effect.
Also, the fact of the symbol change is also supposed to affect the pps positively. Actually, I'm hoping it will imitate what just happened to WWCD. I bought WWCD the day before the symbol change (was also experiencing a g-spot breakout by the way), the next day the symbol changed to GBDX. I was not able to sell it the next day as my brokers didnt get the GBDX shares yet, but I was able to sell a couple of days later where I sold them at .036 and .039..( i bought WWCD at .016 ;) i missed out on selling them at .07..but, oh well..i made out pretty good anyway..thank god.

Now, I am definitely not very knowledgeable in these matters...kind of confuses me really, but so far these situations of large r/s and symbol changes can have amazing effects on causing large runs...love those. So, I'm in and hoping for the best.

Just remember, that if u do buy AWYB before the symbol change, u probably won't be able to sell for a day or more, really depends on ur broker, i believe usual time is approximately 2-3 days or so. But, if u chose to wait and see how the new ticker reacts, make sure to keep ur eye out for it, as it could possibly take off too..so be ready.

Just want to give everyone a heads up just in case this does turn out to be a beautiful thing...only time will tell.

GLTA! :)...and please do ur own DD first, as u all know..I have no clue of what I'm saying here (I  know, I scare myself)...lol :)

Here is a pinksheets link if u want to check out a few other things:
http://www.pinksheets.com/quote/news.jsp?symbol=AWYB

Here are some recent prs:

Todays pr:
American Way Business Development Corp. Announces Completion of Transaction

BOCA RATON, FL, Sep 28, 2006 (MARKET WIRE via COMTEX) -- American Way Business Development Corporation (PINKSHEETS: AWYB) ("AWYB") announces today that it has completed its transaction with Pure Pleasure Fantasies, Inc. ("PLEASURE"), a Nevada corporation. Dynamic Resources LLC introduced the parties and facilitated the transaction. AWYB has, among other things, obtained all trademarks and patents relating to the Ultimate Adult Board Game "SHADOW SEX AND FANTASY MAZE". This Ultimate Adult Board Game has opened a new horizon on the sexual frontier. The SHADOW SEX AND FANTASY MAZE and related adult products have been in operation since 1998.
AWYB is also expected, once the requisite corporate formalities are met, to thereafter operate under the name Pure Pleasure Fantasies, Inc. with a new CUSIP symbol. This is very exciting for us, says Don Platten, President of AWYB. We will be keeping Management in place and will be appointing a New President for this Company. There is a tremendous upside in this business; as they say, SEX SELLS. Also, on the corporate side, those persons heretofore short selling AWYB's stock will be in a serious dilemma once the stock certificates are called.

AWYB plans to take the SHADOW SEX AND FANTASY MAZE and related adult products to the next level with an aggressive marketing campaign. For more information on the transaction or if you are interested in being a distributor for the SHADOW SEX AND FANTASY MAZE, please e-mail me at [email protected] as soon as possible.

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

Contact:
American Way Business Development Corp.
Don Platten
561-962-4124
[email protected] http://www.americanwaybd.com

SOURCE: American-Way Business Development Corp.

CONTACT:          mailto:[email protected]
                  http://www.americanwaybd


Yesterdays pr on the short problem:
September 28, 2006
American Way Delivers Warning to Short Sellers
Well, as predicted in yesterday's blog post, American Way Business Development (OTC: AWYB) delivered on its promise by issuing a press release today announcing the completion of a transaction with an entertainment company which it now plans to operate under. AWYB is also expected to change its CUSIP symbol. Don Platten, President of AWYB states that there is "tremendous upside in this business." More importantly, with the announcement, Platten also fired a shot to suspected short sellers, saying that "those persons heretofore short selling AWYB's stock will be in a serious dilemma once the stock certificates are called." Shares of the stock have nearly doubled today, closing in on a new intraday high at $.21 on volume of 5.3 million shares. Oddly enough, there are only 2.8 million free trading shares in the public float of AWYB.


fous

im in love with this chart  :-*

applauds on the find j   ;)

This thing might be blowing up here soon. I wouldn't mind an entry at .15 though it could breakout tomorrow of this g-pattern.

-fous
trade it like you mean it!

gmarc66

Thanks Fous :)

Well..AWYB looking good so far, it did cross the .23 g-spot and flew to an intraday high of .30.
So far, it has retraced back and held the g-spot fairly well.

Still holding all my shares, bought a bit more on the dip down at hte g-spot...ahh..why not ;D

glta

julia

fous

Quote from: gmarc66 on September 29, 2006, 11:53:49 AM
Thanks Fous :)

Well..AWYB looking good so far, it did cross the .23 g-spot and flew to an intraday high of .30.
So far, it has retraced back and held the g-spot fairly well.

Still holding all my shares, bought a bit more on the dip down at hte g-spot...ahh..why not ;D

glta

julia

haha ;)

looking hot so far! im in at .205. huge spike in volume in the first couple of minutes after it dipped to its low of .18 got me the feeling were gonna continue the run today. Sure enough, we did ;)

-fous
trade it like you mean it!

gmarc66

loving that pm crank...hod .385...

Holding this til next week, and will hold shares (not sure if all or partial yet) but for the symbol change.

Be nice to see it hold the break price of .33


glta

brucey

fous,you always give us good ones such as GT,BITS,AWYB....
You are the MAN! ;D

setravis

Quote from: brucey on September 29, 2006, 03:08:52 PM
fous,you always give us good ones such as GT,BITS,AWYB....
You are the MAN! ;D

I think you just overlooked the Stock picker here......gmarc66
Applaud Julia for a fine pick!!!  ;)
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gmarc66

Quote from: setravis on September 29, 2006, 03:28:54 PM
Quote from: brucey on September 29, 2006, 03:08:52 PM
fous,you always give us good ones such as GT,BITS,AWYB....
You are the MAN! ;D

I think you just overlooked the Stock picker here......gmarc66
Applaud Julia for a fine pick!!! ;)

:)
Ha ha Setravis....you're the best! ;D :D ;)...thanks buddy!

I think that Brucey just trusts Fous alot more than me...as he should!! lol. ;D

But, glad we had a great finish to this day....ran into close and just finised short of the hod which was .41.

Looks great.

Setravis I hope u got a little piece of this too. :)

And...i think the real person that should be thanked is Elite g for introducing his theory to us..the famous G-pattern which I love. Thanks Eliteg!! where ever u r :)

Lets see where this short squeeze takes us.

I'm hearing that AWYB will be on the NOBO list soon which is where CSHD was before it took off. Its reports on which brokers are short on a certain stock.

http://product.inlumen.com/bin/headlines?headlines-template=headlines2&Query=nobo&SearchOption=or&DateChoice=DateRange&RangeOption=all&StartDate=&EndDate=&SrcList=all


OTC seems to be turning positive...looks like we might have a nice green and lively October. Bring it on! :D

thanks and glta

julia

setravis

No,I did not take part in the action.
I think you better go here and read my reply to your post on this thread the other day.

http://www.3stocksonfire.org/trading/index.php?topic=6341.15
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gmarc66

Oh...dang...i missed ur post on WWEN completely!

Ok..yes, I know pinkies can be very dangerous, but I also don't ever plan holidng these long term either. Acutally, I prefer to try to not hold any stocks long term anymore.

Yes, good to stick to your plan and do what feels right.

I'm sure your doing very well with all your stocks....and yes you are a TA expert in my eyes..I wish i had ur knowledge.

I'm doing ok, could do alot better though, i also have to try to stick to my plans, if I actaully do that, I will be doing a lot better...got to learn to sit on my hands more. :)

Thanks for ur imput Setravis, always appreciated!

julia :)

fous

#10
Quote from: brucey on September 29, 2006, 03:08:52 PM
fous,you always give us good ones such as GT,BITS,AWYB....
You are the MAN! ;D

Lol thanks brucey, But like setravis said. Julia deserves all the credit ;) I never scan or look at any pink sheet stocks cause i usually hate them. But thanks to julia posting this wonderful chart. I took the initiative to hop in and and make some cash $$  >:D

Thanks again julia and applauds.

i sold 1/2 at today at .395 today for a solid gain.

-fous
trade it like you mean it!

gmarc66

Thanks Fous :)

Great trading u did today. U actually bought near the lod and sold near hod...congrats! ;)

I decided not to sell any shares today, will sell some next week, and probably hold some shares thru the symbol change, just in case that causes the pps do a freak out ;D

glty

lets hope for alot more green next week ;D

julia

fous

in at the open. out at the close  >:D

i hope to see midpoint support on todays candle for the rest of my shares. Or i might sell if we see a run up on monday near .45 -.50. I'll be fine with that  ;)
trade it like you mean it!

joet

Kudos to all who played, My .16 order did not fill and i was not around to change it...
Fous you say you will be happy with .45, awesome trade...   but any reasons why you feel that it will not double again?  I need to do my homework this weekend, anyone know how big the float is on this stock? (appears to be only 2.8M!!)  How about the date for the ticker change? With this volume and strong close it seems to me that there could be substantial more upside.

All thoughts are welcome...  I also need to study the money G spot some more great post here:

http://www.3stocksonfire.org/trading/index.php?topic=2187.0

Check out many of G's examples, many have more than one tall white candle  ;D But i sure hope that AWYB does not do a DNAG from last May!

So I just scrolled through all of G's examples, we could be in for a gapper up Monday (but i hope not for those of us thinking about getting in still) Take a look, EVERY G breakout that closes the day at the top of the long white candle, on big volume, continues the gain in a big way for a 2nd session and usually a 3rd before topping and droppping!! (recently check out CSHD.ob this week)
Do fundamentals even matter on these penny explosions???  Any thoughts are welcome as i study and try to learn the ways of pennys...  Pennys have been cruel to me!  Pain is a good teacher, get in get out on these, one way or or the other, it seems like we should play them quicky...

On AWYB  4M of todays shares traded abouve .35 in the final 2 hours with a run up at the end!   :o

Great weekend to all, Cheers Joe

brucey

fous,you always give us good ones such as GT,BITS,AWYB....
You are the MAN!


;) :D 8) :),sorry,julia,thank you very much for the great pick too!
I applaud fous just because I got a lot real good picks from him,such as GT,BITS,AWYB....
He does great job....