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Guess NITE got all his open positions closed?
Who else has open short positions that need to get closed?
Yea I saw that nite got blown back to .05
Nite now sitting at .05. There's 117K from here to a nickel. Thats thin
Hardly know your wife. How could I tell her?
LOL
Me too, just don’t tell my wife lol.
Congrats. Hopefully 0115 is a great price.
I'm still worried about the several months possibly ahead without any release of 2024 financials.
Not sure, saw the ask at .0115 and had a little money and said time to hit it.
Trying last week and couldn’t get filled at .013.
Who bought the 150k?
Yep. 219K bought at $.0115 - rest got dropped.
Now ~65.8K on ask at $.015 -
Maybe MVNT can close at or near $.015 for no change on the day?
Just bought the 69,300 for .0115. Was going to wait till end of week, but that is a great price imo.
Someone just crushed that block on the ask !
Good question. I'm watching closely.
Lets see if that 223k on the ask comes down
310K bid at $.0101 - finally some big support!
Looks lile its about to get interesting
Selling share to themselves. They are desperate to cover. They are trying to get some folks to panic and bail. Don't fall for it. This is about to run BIGGLY
I believe "other" things may be going on here.
For example, I have captured "cheap" shares with 11 trades the past 2 weeks. And yes, many of those trades were 5-digit trades. Only one time did I get shares at the ASK.
It's all very strange in my opinion.
How did the MM's fit that last 10k trade in between the bid and ask .01185
And 5 digit trades. Still shorting it.
I gave up trying to figure out this stock if it runs it runs !
Is today picture day
Another big block at .013
How did you know I had Cheerios for breakfast?
You sly dog. lol
Don’t worry I wasn’t trying to pee in your cheerios just replying to your thoughts
I usually write my posts as a neutral observer.
Even though I own over 2M shares MVNT.
You should know that by now. lol
I’ll take um if you want to sell them
A milly plus in volume I call good regardless. Someone sold but someone bought them right up
If you call trading in the 01's all week good, then I can't argue with you on that point! lol
Didn’t seem to bother anyone last week…. LOL
Is releasing bad news a good strategy?
Tough question to answer. On the one hand releasing bad news will cause a stock to decline, sometimes significantly. On the other hand, not releasing bad news fosters questions about communication (or lack thereof) and wild conjectures about what is going on behind the scenes. Either of these can also result in share price depreciation.
So it seems to me whatever a company might do regarding bad news (cover up or go silent), it will result in price depreciation.
I think this is what is happening to MVNT currently. MVNT hasn't released any bad news, but the cover up or lack of communication is definitely weighing on MVNT share price.
Personally I think MVNT may not have had a very good Fiscal Year (financially) for 2024. Therefore, they don't want to report it until as late as possible. That is why I suggested several months ago that I didn't expect to hear any news from MVNT until they file their 2024 annual report. I still believe that MVNT will not report anything officially until the 2024 report is filed. That could happen as soon as August (like they did in 2021) or as late as November (like they did in 2023).
Nothing anyone can do about this situation if true. Venting is about all one can do and that isn't helpful either.
The company has had enough time, now is time to show cards
Do we continue with higher Vol. This week we will see !!
I guess there is nothing wrong with dreaming and who knows, sometimes, they may become reality..
I know. Like I said, "just dreaming".
Key words “once they get share price to $.40-.50/share”…long way from where we are.
OTC is for companies looking to raise capital.
MVNT won't need that once stable revenue streams are established.
I suggest once they get share price up to $.40 - .50/share, they should do a reverse split and uplist to NASDAQ. How's that for dreaming? lol
I concur…would love to see a buyout. Company lacks OTC navigation.
I second that motion
My take or at least one of my take. Company had great intentions when they bought the shell. This is a fairly small business. Getting the five mergers was more time and involvement than anticipated. Scaled back and focused on a new product that was in their wheelhouse. Finally getting it to market. We are now what appears at the beginning of the next phase. It seems like they are stalling to get recurring revenue on the financials and maybe more. Also, remember the product could be applicable to other industries. A buyout is definitely possible once they get the recurring revenue posted.
I know the feeling. I have more shares than I actually intended on buying but I find it irresistible to F with the makers when they are just setting themselves up for a major screwing. We get the news and some major volume coming in and they will have to cover.
We already know they installed the servers at Pemex. We already know that Sami has been in Mexico training them on how to install and operate the software and now they tell us that they have been continuiously installing on more wells offshore. When thats done they start on inland wells.
This is going to blow wide open. When? I have no idea. But it's coming.
A buyout would not suprise me sometime next year. Add in a few more majors, who will obviously want the patented software and this could see dollars.
No dilution, EVER. Owners putting their own money in to the tune of 1.3 Million already.
Game changer.
I didn’t get mine bought today. Hopefully next week and then it runs. I have enough already, but a few more at this price seems to be a no brainer.
Sure would hate to know I had to cover a 40-50 million short position on a 184M float thats all locked up. This is going to be EPIC
1.1 + million shares nice vol. The last 2 weeks
66% short today. 20240419|MVNT|771952|0|1169869|O
This is going to really help the run when Movement brings the goods. They'll have to run this hard to cover.
That was probably me!!! 😉
I'll guess 30-40% short (below average).
The only thing I wanna stab right now is a NY Strip & Baked Potato
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Movement Industries Corp.
OTC PINK: MVNT
ACQUISITION of HI-ALLOY Valve
Houston, Texas 77040 USA
Hi-Alloy Valve manufactures a broad list of valves according to API 6D & 6A standards for the upstream, midstream and downstream markets. We cater to energy clients in North and South America, Middle East and Asia with comprehensive support and service, offering high quality standards, competitive pricing and accelerated delivery.
We are headquartered in Houston, Texas USA. Our principals bring vast experience in the manufacturing and machining of high highly trusted valves for reliable service in the most demanding applications.
To manufacture and deliver high quality valves with exceptional turnaround time and strong commitment to safety, integrity and customer satisfaction.
API 6D / API 6A / ISO 9000 / NACE MR 0175 / ANSI / ASME
The principals of Hi-Alloy are comprised of seasoned industry professionals. Their previous work history has been as Senior and Executive level positions within the industry.
Hi-Alloy Valve, Inc. (“HAV”) proudly participated in Valve World America's held in Houston TX June 20 & 21, 2017 at the George R. Brown. #VWA2017 was an incredible invent and wonderful opportunity to meet old friends and make new ones. We were also fortunate to have Miss Grand Texas 2017 in our booth
ISO 9000 / NACE MR 0175 / ANSI / ASME
https://twitter.com/mvmntin/status/1444097267477196802?s=21
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