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Someone got lucky and got in sub/low .002's. I've had it on a watch list that I don't actively watch. They are current with filings and the bottom should be around here somewhere I assume. Perhaps we DD it more closely. The most interesting thing is this: This is their first news release http://www.otcmarkets.com/stock/MGON/news
Yeah MGON has a decent share structure and It looks like a decent product producing company
Ok thanks thats kinda what I figured and is why I mentioned MGON just now
Saw the afterhours news today. Love teh share structure too.
MGON Looks good to me
More or less the answer is yes. I am still working on the ibox (just updated again) but it should give a general concept of what the board is designed for. I am always open to suggestions as well.
MGON - Daily Candlesticks/ Now IMO this stock may fit the Longer term slow growth stock play. As you can tell by the chart it is at or near bottom. It does have News that is why I noticed it today
MGON Security Details
Share Structure
Market Value1 $136,303 a/o Oct 25, 2011
Shares Outstanding 43,968,811 a/o Apr 30, 2011
Float 26,255,893 a/o Jul 26, 2010
Authorized Shares 200,000,000 a/o Jul 26, 2010
Great board MGMT! Looking forward to a board that finally has the basics to back it! I like it.
Good work!
KIG
Yeah i wasn't 100% sure on posting it here but i thought what the heck..lol.. this could be a monster in the making or nothing for that fact, but i do know it's going strong into tomorrow. Lots of scanners should pick up MIKP tonight.
Well Hello Stocksurgeon, Yes I know I was aware of MIKP but I didnt think it fit here, although you are likely correct :)
MIKP up 66% and looking to climb further IMO.
Mike the Pike Productions is based in Fort Wayne, IN and Los Angeles, CA . We develop and produce feature films, graphic novels, literary assets and concert/events. Overall, our projects are 'Mainstream Independent', combining a well-structured vision with top-tier talent; challenging current standards while maintaining mass appeal.
MTP chooses its endeavors carefully and projects are initiated when commercial prospects are reasonably assured and investment risk is mitigated. As well, partners take hands-on responsibility for personally evaluating content, budgets, historical data, current trends, branding and talent with a passion and focus for the creative process on everything we do.
Enthusiastically,
Mark B. Newbauer, CEO and President
Mike the Pike Productions, Inc.
Mike The Pike Productions, Inc.
809 South Calhoun Street
2nd Floor
Fort Wayne, Indiana 46802
CHART--->
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68378223
Yes I see that and she may get more, My comment was basically my opinion based on risk vs reward as it appears to be reaching previous highs
UVFT has had a nice move over the past two weeks, the chart is showing it at near its last highs RSI is at 78 so Id say the gain potential from here is minimized and doesnt match risk vs reward, CYOE is a little more unpredictable, the chart indicators are more nuetral than anything currently its a good one to keep an eye on I believe
Thoughts on UVFT and/or CYOE?
4 insiders bought uvft this month
cyoe perking up... has something to replace spatual during collecting cervical samples
OBJE Yeah Like this One- 60 min Candlesticks
http://www.otcmarkets.com/stock/OBJE/company-info
http://www.otcmarkets.com/stock/OBJE/news
Probably real companies doing real business that are so far under the radar that they trade very very low volume, ones that can be growth stocks, ones that aren't promoted nor diluted. dilution isn't a solid growth stock. Hidden Gems imo.
MAXD 6month daily chart for example.
Well since so many pennies either have been or are promoted somewhere at any given point are we looking basically for Newer plays that havent been dilluted to death and have potential to become good plays in the near future ?
Just wondering because I quite often mention Low float stocks that have yet to see the pump and dumpers.
And quite often they do come into play
TAEC and OBJE are examples of two
I marked this board earlier today. Looks interesting.
Ok I found this board I marked it , I will check In often
I agree with you 100% MS1
The game has been changing , no doubt....A board like this, is long over due...Buy and forget, does anyone remember how to do that!! Hopefully soon many will!!
MS
Nice board! Marked:)
Please,
If you like what this board is doing and what we are all about, give it a board mark and spread the word. I believe some great stocks will be found here.
-MGMT
Yep! We're here to find the 2% that are. Hidden gems you could say. We are looking forward to stocks that move like MAXD.
That's what I'm saying, great effing idea!! Altho %98 of penny stocks arent worth holding medium or long term, there are always a few hidden ones out there that the crowds don't know about
Kudoes and thanks again
Thank you and your welcome. There is no other board made specifically for this purpose that I could find. We are pioneering change!
Now we're talking! My kind of penny stock board! Great idea and Mucho thanks
The Penny Game IS Changing:
The stock promotions and pumps are slowly dying, if they are not already dead. Thus, the game is changing.
How many have been burned by these? The answer is more than you can even count... People are getting burned left and right.. and not just the traders, but also the CEOs (ones that don’t hire a promoter so they can dilute into the volume)!
These promoters get paid, let’s just say $10 - $40k for example, they then send out a newsletter after market close for the next day. The DD they write up is something written in 5 quick minutes. These people have no clue what they are promoting, nor do they push it. They simply send a newsletter and pocket the cash (or sell the shares they were compensated with). They got paid and business is business as far as they are concerned!
What happens next? The stock gets pumped full of hype, people put their buy orders in way over the current offer right away so that when the market opens the next day it causes the stock to gap up. When a stock gaps up like that it will, most likely, run a little before falling - or it will just plain fall. IF the company hired the promoter to bring in volume so they can dilute, they’ll start selling right away. Those diluting do not care about PPS, all they need is volume so they can unload. Also, all those who are already in (in addition to front loaders if they are any) will sell the gap up. Red end of day or the next day and you’re left holding a bag trying to figure out what just happened.
What about the big promotions? A few do well and gains are very nice. They are most likely front-loaded. They may run up 1000% but once they top they get diluted back down that 1000% and sometimes more. The only people looking for a $200k-$2mil promo are the people who have front-loaded the stock along with those sending out the alerts. Most will miss the entry, miss the exit, and get caught holding. Most rumors about a big promo have a budget that is exaggerated to help the hype of it. Most rumors of stocks and promotions are rumors of a rumor, before a contract or anything has been made official... Why is every stock going to go "next week?"
Pumps are front-loaded 99%+ of the time by someone or some people – not necessarily all those pumping it. That doesn’t mean that it will not be effective though. A stock that gains momentum will continue to run on its own, granted the momentum is not killed by people whacking out and under-cutting the top offer. Volume must be there as well.
Also, not every Ihub poster is trying to spread word of a stock to dump their shares. Some are just trying to tell others they have found a good one.. they are bringing it awareness. Posting (DD, charts, good information, etc) and pumping (To the moon!) are different. People are paid to pump and the same goes for bashing. Most do those without getting paid, though; paid pumping is becoming more and more common.
Note that there is a difference between awareness and promotions, and that not every pump or newsletter is compensated. If it's compensated then it must be properly disclosed. Promoters may choose to give a stock pick of their own that they are not compensated for. Who doesn’t have their own picks?
What now? Well the answer to that is obvious is it not? These promotions and pumps are bringing in less volume and are much less effective than they used to be in the past. More and more people are completely ignoring them as the days go on. In due time traders will no longer (quite a few are already there) play the pumps or what some compensated newsletter gives them for fear of being burned again.
Bottom line: Credibility is being lost everywhere.
Where is the game headed next? It is headed in the opposite direction of pumps, promotions, and pos companies.
One topic I hear the most about is how people just want a solid play that is not pumped/promoted. People want; a company that is real, one with good DD, one with good management that gets things done - moving the company forward, a chart that looks promising or could be promising, one we can hold for a week or two or a month or two without stressing it, one that is not being diluted & r/s’d, etc you know the drill.
Isn’t that something you would like too?
Many want a quick buck, understandable at times, and get burned hopping in and out of anything that may do ok. Take things one day at a time, stay consistent, and buy into the solid stocks that you feel comfortable holding. Know what you own. Consistency is one of the keys to surviving the markets.
An extra thought: Do Person Marks really matter? If someone has a ton of person-marks does that make them a hands down better trader? No. You can pump the active boards and get person marks. There is even a Person-Mark Exchange Board...
However, if someone you see does deserve one and you feel they earned it, feel free to give them a mark.
Thank you for taking the time to read this post. In no way, shape, or form and I putting people on the throne or throwing people under the bus here. These are just some thoughts - that many are thinking as well.
Thank you,
-MGMT
I like that idea. Marked the board. Looking forward to some good ones.
This is a brand new board, "under construction" if you will. Some day down the road this board will be the spot to be, because, solid growth plays are what everyone wants.
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