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This stock is a perfect example of how a stock can be manipulated---
Stock dropped all the way down to .50. Then some bogus fluff PR comes out and "they" run it up 400% to $2.50. Stock drops back down to .74. Then they file BK and are delisted. Stock opens @ .25 and drops to .08!
Nah...Companies and their Tutes don't manipulate the stock or have it all planned out weeks to months ahead of time. They just wake up one day an decide to put out news, and they never talk to their biggest investors about what's coming...hahahahaha!
Play wisely!!
What's really sad to see is the trend of Companies that made fortunes off the backs of the working class for decades be able to include pensions within BK. Disgusting!
$MNI: Chapter 11 !!!!!!!!!!!!!!!!!
Watch it come back down to $0.02 now
Waiting for the OPEN
https://www.mcclatchydc.com/news/nation-world/national/article240139933.html
GO $MNI
This was simply an low OS (7.9M) run all because they extended the negotiations. Gonna be an hard fall. I could see an double on the news, but over 400% gain? We're people really thinking that buying at even $2 was going to produce an substantial and/or sustained ROI? JMO
.70's tomorrow.
* * $MNI Video Chart 01-16-2020 * *
Link to Video - click here to watch the technical chart video
Where did I say I did? Been watching it to jump in, but patience pays in this game champ.
So this is moving because they are negotiating a passed due bill? glta
Lol you never bought this buddy ;)
Hope nothing shady going on been in ones they halted overnight.
Add the dip folks this going much higher
halted again Jesus
Will sell then flip again soon
Halted 3 times I'd be looking for the exit "IF" it resumes
It can when I’m up 100%
CANT SAY WEEEEEEEE WHEN ITS HALTED...
Make or break here. BK or not, buyout before or after BK if so. Foundation and network in place here is worth millions with all the baggage involved.
A lot of nasty stuff in the quarterly. Buuuttt you have a company pulling in $526 million so far this year in total revenue with a sub $5 million market cap. That's just nutter butters.
Do you know why this stock is so down, what happened here?
News: $MNI The Fresno Bee Launches an Ambitious Editorial Initiative Focused on Education Issues Critical to the Advancement of the Fresno Community
FRESNO, Calif. , Sept. 18, 2019 /PRNewswire/ -- The Fresno Bee announces the launch of the Education Lab , an ambitious editorial initiative focusing on education issues critical to the advancement of residents in Fresno and the San Joaquin Valley . Four journalists wi...
In case you are interested MNI - The Fresno Bee Launches an Ambitious Editorial Initiative Focused on Education Issues Critical to the Advancement of the Fresno Community
News: $MNI McClatchy to Launch Digital News Outlet to Serve Youngstown, Ohio
SACRAMENTO, Calif. , July 18, 2019 /PRNewswire/ -- McClatchy (NYSE AMERICAN: MNI) announced today the selection of Youngstown, Ohio , as the launch city for The Compass Experiment — an initiative in association with Google to develop essential and sustainable local digital ...
In case you are interested McClatchy to Launch Digital News Outlet to Serve Youngstown, Ohio
News: $MNI Mandy Jenkins Named General Manager of The Compass Experiment
SACRAMENTO, Calif. , June 11, 2019 /PRNewswire/ -- McClatchy (NYSE American: MNI) named Mandy Jenkins as General Manager of The Compass Experiment. Jenkins will lead a three-year effort to explore new sustainable models for local news. She will start in this new role beginni...
In case you are interested https://marketwirenews.com/news-releases/mandy-jenkins-named-general-manager-of-the-compass-experiment-8336292.html
And now we have it 1.50 break, decent volume should see 1.75 easy. IMO
Nice consolidation last few days, looking for 1.50 break. Never anything here on this board but seems to be making a good turnaround situation.
Im liking this breakout, would like to see 1.70s next week, highest levels since May.
MNI should go sub-$1 soon. The core readersip at the various mastheads is in overall decline. Over time that'll translate into smaller revenues. The key is to find large savings now and hope that's sufficient to return MNI to a growth trend.