MOL Global (MOLG)

[uptowndw]

Been waiting for this still got a ways to go to break even though... hopefully this is the start back up the ladder!!!!

[asilver8]

Meant :) lol 3.25 here we come

[asilver8]

Good call. ??

[BiotechValues]

Nice sudden move up here on volume spike

Wonder if they're starting the buyback.

[asilver8]

Damn that was a long delay lol

[asilver8]

Train finally leaving the station. Dam that

[ALLPROFITS]

Give it time! This will take a few weeks to starting moving again. We still need to hear from the new CEO AND Vincent

[solmer]

Agreed. Unfortunately it looks like we may have a hard time getting over 500 thousand shares volume today.

[asilver8]

Even 600k volume will do it

[wshswr48]

Market is screaming ready to move up. Need some volume here. 1 mil volume would send this back over $3 easily

[UFGator]

Waiting for $1s

[tehXII7]

I really need this thing to catch up. I was too eager the day I bought in trying to catch a falling knife. I honestly didn't think the news was that bad, yes I think the price should be cut in half between 6-8 but not this bad. They just need some confidence boosting headlines. All those that bough in were all looking for the short turn around.....

But I'll admit I'm a dumb a543423 for not being patient. Still I don't think this is a PGRX. I tried seeing when this thing IPO'd, I didn't find it that day, had I realized it was a recent IPO... I would have held out.

[asilver8]

Where'd all the pumpers go? They'll be back when it crosses 3 any day now. Lol

[asilver8]

Honestly had the rest of the market not have been crashing today this would've crossed 3 no problem. Patience...

[ALLPROFITS]

Yes vultures preying on people. What a shame!

[asilver8]

Back in this things ready to blow...

[wshswr48]

Yeah 20 different law firms looking for a lead plaintiff. Talk about some vultures. There's no case. Opened up. Green day coming. Volumes picked slightly back up.

[solmer]

So....15 different law firms getting in on the party. Seems like 2 more sign up every day. What a joke

[sleepydunn69]

The stock fell from massive selloff of a foreign company. If they want to stick the middle finger up and walk away they walk leaving shareholders with nothing. Kinda hard to force a Malaysian company to be held accountable.

[solmer]

It's really sad what these lawyers get away with

[solmer]

All those LLPs busy trying to make money at the expense of shareholders who were encouraged to sell for massive losses based on the hope of getting their money back thru the law suit is sad. It screws the shareholders who took massive losses and won't recoup them thru the lawsuit. It screwed the company by causing its stock price to drop to ridiculously low levels and will continue to hold back the PPS for the short term as investors are nervous about putting their money in a stock facing a lawsuit

[solmer]

The market will catch up with MOLG sooner or later, $7 is inevitable mid term, $8 probable and as the company grows reaching its IPO price of $12:50 is a pretty good bet for a longer term trade

[solmer]

The fact is that the accounting errors that were made effected the companies revenue very little. A drop in stock price from the $8 level was might have been warranted. But to $2:50?! Ridiculous. Maybe to $7.....

[solmer]

I'm assuming the reason the stock fell so sharply was because of big shareholders dumping at any price so they could get in on the class action suit

[solmer]

Today is just one day it will recover slowly. Over $3 end of month. $7.....probably not for a good few months

[ThoroughBread]

It was recovering nicely. Then a little EOD selling. I would have thought people would hold it, as It tends to get a push up in Pre markets once a week, and It's due for one

[solmer]

I hate being a bag holder......

[solmer]

Looks like it's Setting up for a close under 2:50

[solmer]

Probably going to trade 2 to 3 hundred thousand shares daily volume for a while.....Even $3 is probably a long way off. Maybe mid January. Hope I'm wrong and buying interest returns

[amc]

Looks like it has found the bottom, some unexpected news would really send it.

[asilver8]

Crickets.... Apathy, the bane of a stock .

[BiotechValues]

$MOLG video

Don't know if you guys have seen this. Some of it is a little over-zealous in the presentation in my opinion, but it does give an overview of the company's products/services- which include more than their online payment system.

[jakewhite]

Their is a reason why the company wanted their initial IPO $12.50, the next filing report will speak for itself by that time with all the anticipation and news following we might be at around $8

[ThoroughBread]

Only $10 more to go before getting back to where the company thought they should IPO at.

[jakewhite]

From technical stand point any good news that hits will rocket this 150% easy. Sellers drying up and it's actually holding up well on super low volume. $MOLG #nasdaq #hotstocks

[solmer]

Agreed. Almost no selling at these levels now we just need the buyers. I don't like to be optimistic and then get disappointed, so I'm digging in for a potential long few weeks/month of sideways trading on very low volume. It will bounce back eventually.....

[rlangmaid]

held 2.40's support

[solmer]

Since Wednesday's close at $3.90 we now have 4 day red streak down about %40

[solmer]

Either way people have saying this has to back to the $2:40s from a technical standpoint. Well here we are its know or.....if not who knows when

[rlangmaid]

You are absolutely correct about the lawsuits! This company has huge monetary support

[jakewhite]

And it coming soon, I'll buy dips that is willing to sell this low. This is a 70% off discount right now soon the market will wakeup and the chase will be on, it spiked $7 premarket from $3+ , with volume this can sustain a pop to $5+ and trend towards $8-9 and probably hold around $7.50 - $8.50 for next few months before moving up again to $12.50 at what the initial offering was $ MOLG

[amc]

Nothing going to happen with the lawsuit, they will put the blame on the IPO causing a lot of the mess.

[tehXII7]

When is the smoke going to clear? There are always these kinds of lawsuits but they don't usually pan out. The news wasn't that bad; I mean it was bad from where the stock price was; but I would think it should still be at the $6 range.... What's holding things back? They just need some new news that will bring in some confidence for the company.

[ThoroughBread]

Lets get that stock buy back in gear People. With all that cash, Holding 2.50 should be easy. Don't keep loosing ground everytime they gain it. anything green today will get buyers. Come on MOLG..get busy and support this price

[amc]

Not understanding why anyone would sell at this level, the stock is worth way more than this.

[rlangmaid]

Me too

[solmer]

How so? I would love for this to just go back to $3:50 so I can get my money back. What would be the catalyst to get this back to $8 short term?

[jakewhite]

Be patient and enjoy the ride back north

[rlangmaid]

you have been saying this....and MOLG lower lows, rather than your 5 dollar predictions...what is your point....what are you basing this on....

[solmer]

I hope your right I just don't share your optimism. Zero buying interest at $2:50 a share, there just isn't any positive way to spin that