Wondering Around !
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I Think so too , we all left here Holding a BIG EMPTY BAG like a MONKEY on our back !! LOL
I think you are just a number for them not an investor (VICTIM) , all they know when they get their broker statement is that X number of VICTIMS bought X amount of shares at X PPS average , and the amount of $ was deposited in their account , the next thing goes through their mind is BIG PARTY and laughing all the way to the bank , you will be Holding the BAG , and bigging for some news to recover some of your massive loss ...thats the summary of whats going on here ! JMHO
I did last week , NO RESPONSE , they got your money , why bother talking to you now ?
IMO , You will have other news when they done spending the money they raised using promos of mosterstock , gladiator , etc ..could be weeks , could months , who knows how much money they sold !! given most of shares in last P/D were sold above .05 ..I imagine they raised few million dollars !
OOOPS ..since MMs holding the Bag , then they might run it hard..
With all due respect , I think .03 is holding bcz MM are the ones bought in upper .02s/lower .03s , since most investors got out, and MMs are holding the bag now ! Is not funny to see the Market Makers holding the bag !!! LOL
Market Makers will run PPS little up soon on ANY news/ or using MM tricks to dump their shares back on investors ...so they can break even :)LMAO
My take on the NEW managment is that they allowed Metalicca News be released and then have to run for damage control , PPS got stabbed in the heart since the release of that " Misleading News" which was denied in very ruthless way by metalicca . Dont under-estimate the negative effect it had on the credibility of any previous news released ( Such as the projected $ 35 million dollars , etc . Now they should do damage control by actions and not words !
.026 printing on L2 or was a glitch ?
Todays News realy raised more questions than answers , and previous Metalicca news put in doubt the $35 mil news , So Only Now and $1 mil promo and handred of millions of shares dumped in the market above .05 !!! they starting only now the 2D-3D conversion , their website make you believe they started doing it already , also previous PR make you believe they doing it ..We were not questioning that , we were questionining distribution rights ! Now Honestly I am questioning everything they ever said ! I am affraid that the new team were not told that flat out lies can land people in Jail even its OTC market , go ask CEO of spong company (SPNG)
I think he still living in the Big House !
JMHO
I read the News few timees now , I honestly can say that I could not see anything New ?so what they were doing till now ? selling shares ..and only now starting to convert 2D into 3D format ??? My Samsung TV can do that that conversion as I watch 2D movies . There are Pro grade 3D cameras that sell under $4000 !!
IMO its all about distribution rights , so I have over 1000 movies and concerts in my Basement ..that means nothing unless I have distribution rights .Beisde major Media Production Companies may end up doing their own conversion /creation of 3D events. ( Sony for example) they mostly own the rights of these events , and why use a middle man ?
I wanted to hear today they have Any Distribution agreement , only that will speak $$$ , they dont have to start with Elvis or Metalllicca , anyone to give them rights , even unknown country singer will do it !! but setting around in Hollywood scrathing their Ba*** and selling shares behind a desk is not way to go !
I see todays news nothing BUT legal cover for their Metalicca News that metalicca still denying it in rather ugly way , they said they "even never heard of these guys" !!! Is that a way to put your foot in this bussiness ???
I conclude that we still dont know all the details and what their intention . but I rather buy this at $0.5 in its way to $5/share than be the unknown soldier who financing their dream that may or may not come true ! Good Luck to all of us , I till holding some shares here !
Legal Action is what worries me the most ,every night I check the SEC website to make sure they not subject to criminal legal allegation , I also keep checking on the metalicca webites for updates , they still standing behind the denial in very brutal way !! The metalicca News was and still flately denied by Metalicca, That could be ground for serious legal action , I still hold some shares and dont want to see myself holding an empty bag !
No Jack , I doubt they done with it yet , there might be one other spike before it tanks , and there may be no other spike ..in that case every man runs for his life !
Few got in at .175 few weeks ago , thought was a good deal , others bought at 0.1 thinking was good deal , other were averaging down and so on , eventualy people will buy it at .0001 thinking it was a good deal , then find out that soon there is no bid , many of these guys run these businesses from the start having their eyes on selling shares NOT products . now and then few companies make it to the big board , but thats the exception not the rule .you can only make money here if you fast and can loot others before they get you looted ! just look at PDMI , they had R/S few weeks ago , they traded just like here at cents , and now you can only sell PDMI at .0004 !!!! these guys dont sell products , or if they do , its just a cover up for selling shares !
I am affraid not , it just new crowd at new level that going to lose same percentage ! From My experience , companies who once did R/S tend to dilute faster and repeat the R/S ...at its best . instaed of marketing and selling products , they found it easier to market ( Promo) and sell shares
I honestly hate to call people who bought this stock as INVESTORS , I llike to call them VICTIMS ..I am no exception to that ..JMHO
This stock has a special gift (Talent) ! it can go straight line DOWN days and weeks in a row ! That may explain the promo , since Ex-Investors will not touch it , with promo they attracted scores of new victims who seen their money evaporate faster than a drop of water in hot summer day in a desert ! JMHO
I agree with most of what you said , but at the same time in Hollywood it works also the other way , whats worthless today , could be the center of attention tomorrow ...Its kind of crazy .
Just watching the L2 in last few days , it looks like there is a elaborate attempts of accumulation while keeping the PPS relatively stable . whats next ? hard to tell , I will not be suprised of any outcome !
Many still around , there is nothing realy to post till the company gets some Updates/News out, and they have some explaining to do to avoid getting in legal mess caused by last 2 PRs !! they have credible people on board now and I cant imagine that they will allow being accused of fraud !I hope that we did not hear yet from the company so far BCZ they trying to finalize some agreements , the Metallicaa News without due followup could land the company in very serious legal trouble since there was harm inflicted on investors . Not long ago the CEO of SPNG landed in jail for releasing fraud News with intention to decieve investors and so far I dont believe that these new Names that joined the Company team want to try that route !
I think most investors are in a " Wait and see mode "
I still believe that the potential still there but with every passing day , the investors getting more agitated ..
Good Luck to You !
GreenApple:
Metallica Not Going 3D (At Least Officially)
03/24/2011
.
Yesterday's big news that Metallica would be going 3D ran into a bit of a snag. The company making the claim apparently doesn't have the right to produce the films. Here is what Metallica had to say about the matter on their website:
You may have seen some recent news linking us with Writers Group Film Corp. and their subsidiary Front Row Networks . . . we're here to let you know that their claim of acquiring unique live video footage for future release is totally FALSE. We don't even know who these guys are!
We're certainly into new technology and think 3D is super cool . . . as always, you'll read it here first when we've got 'Tallica release news.
We also received this statement from the Metallica camp: Metallica today announced that all announcements made on their behalf via Writers Group Film Corp. and their subsidiary Front Row Networks, Inc. are false. Writers Group issued a press release on March 22, 2011 announcing "the acquisition of several hours of unique Metallica 3D & 2D concert video footage for distribution."
"Metallica owns and controls its recorded performances and Creeping Death Music owns the vast majority of any music embodied in Metallica recordings," said the band's attorney Peter Paterno. "Pretty much any legitimate business would have contacted us to see how Metallica felt about it. Maybe these guys just forgot."
"We are very happy to have bolstered the Writers Group Film Corp. stock price by using the Metallica name," quipped Marc Reiter from Metallica's management, Q Prime. "We only wish they would have told us sooner so we could have bought some."
LOOKS LIKE THEY GOT THEIR WISH COME TRUE !!!
http://www.antimusic.com/news/11/march/24Metallica_Not_Going_3D_At_Least_Officially.shtml
Tomorrow must be intersting trading day , Its like the Pavlov Experiment , Traders used to a spike in the Morning then a dip in the Afternoon , I think they going to reverse that , and investors by instict will sell early and chase it back up in the afternoon !
Having said that , on the other hand if payers loaded all they wanted on last Friday , then News will be released before the open , and all hell will break loose ! and if you been trading this lately , when it runs up , you keep chassing the ask and not filling , etc , same happens when they take it down , many times the order will not fill till a trip of 20% up or down ...harder to fill on the way up !
I think we are are the only ones left holding this , seems everyone else left the party :) LOL
I feel good thou, I might be the happy Idiot around here ??? LOL
Man ..Market Makers taking turns on Raping the PPS !
UPDATE:
Did anyone see that 8 mil shares bought above the ask ?? Thats $312000 cash on the table ..
Update:
5 min later over 10mil shares dumped !!
I never seen something like that on OTC stock , and 25 Market makers on it !!!
Its real hard to figure out what been bought and what been dumped ! could it be they settling the short books for the BIG RUN ??
Something Big about to happen ..I cant put my finger on it !
But if all that was just a dump , the PPS would be like .01 or less by now , something is Happening here !
Market Makers have Love flying in the air !
WRIT got Huge media Exposure with that PR contraversy , Priceless media Blitz !
That was the POST OF THE DAY !
Of course , when lot of money on the table , sharks start the feeding Frenzy , only few will reach the finish line above $1/share ..look around you Big Companies take each other to court all the time ...Now WRIT start rubbing the nose of the big guys , they will give a big fight befoe they give in , I am not worried , this company could easily worth over $3 bill in short time , do the math !!
Rustler: Did you think they were going to hand you the BIG PRICE on a silver plate ? LOL
Its Either Someone in a Hurry to Dump shares OR Someone in a Hurry to scoop shares ! Having a Diaper Handy while trading this is not a bad Idea , Watching too fast moving Ticker may cause dizziness or Epilepsy ! take it easy Guys , go take a nap or a cold shower , take a break from your PC , Its Ugly Screen , Looking almost like a slaughter House !
I still waiting for kind of "News" that could send it to 900% in one day, I dont to be caught with pants down !..I myself love the Sony Motion Pictures
Then in other later statement he said he never heard of this company ???????? Was he upset he did not got in WRIT at low PPS and got mad that PPS went up 100% in one day and he did not buy the stock in advance ! thats basically what he is saying !!! sorry but have No respect to people like this ...so all Metalicca fans are nothing but ATM machine for him !!! sad indeed ..thats all just IMHO
From Metallica Insider Today :
"Marc Reiter, from Q Prime (the band’s management), had the following to add:
“We are very happy to have bolstered the Writers Group Film Corp. stock price by using the Metallica name. We only wish they would have told us sooner so we could have bought some.”
sola : I dont think we know the whole story .., lets wait and see Metalicca postings sound like Maffia style blackmail ..Thats my Honest opinion ! look what their attorney said " If we Knew of that , we could have bought the stock ... " sounds like Maffia style lawyer ..just IMHO
I was going to sell I bought yesterday in the morning , I cancelled my sell orders and freed more cash waiting to slaughter the ask ! Of course Short sellers can sell all they want , but they will dig deeper in the hole ..they found themself in a hole and they not smart stop digging deeper ...soon they will join Bernard Madoff , poor guy feels lonely and has lot of LOVE to share :) Now why I do that and change my mind ? after I seen the ruthless attack from almost everywhere against WRIT , I knew right away that they up to something big , as for Metalicca ...they are fading away and they need WRIT more than WRIT need them .., many oranges make orange juice and Metalicca can shove their BS up their arse ! Metallica better get grip on reality , they fading away , they not Beateles or Elvis , not to even to mention Lady Gaga . I honestly have lost all respect for Metalicca , Not to mention that I never bought a single from them . I will not take it even for free , but thats my personal opinion , there are few there who like to listen to any Sh**t out there , my advice to Metalicca , you need WRIT more than WRIT need you ..WRIT hit .14 without even Metalicca been around ..they realy full of BS .
I got my Cash waiting , and I freed lot of it , I did my due deligence , I contacted the company , I searched ..I will not liquidate my funds for this if I was not completely convinced of the company and its potential , I can recall buying SIRI at .025 when they filled chapter 11 few years ago , I later sold SIRI at $8/share . I got in XM at $3 and sold at $ 12 , of course I missed some , I sold Apple at $5 and look at apple now .
all what I say , bring it on ... lets ROLL !!
Just look at the credentials of the new management , CEO , CFO . Etc ...they deep in Hollywood and TV business , give this few years and let your imagination sail !! what PPS WRIT will be at ?
IMHO WRIT will be long after metalicca gone !!
PPS here is like a loose Canon ..It can shoot anywhere , up , down sideways ..it may even shoot back at MMs ..Simply its like Loose Canon !! Making money or not ,Its a Nasty stock that makes you feel like Sh**t , ...even if you lose money here , just move on and get back your sanity :) LOL
Last Trade Before Market closed was .0499 , last AH trade was
at 4:15 PM and was .058 , current BID ASK is .04x.062
sometimes the Market Makers post earlier trade after mrket closed , but in that case the trade will have a prefix . So I dont get excited about that !
Was some AH trading till 4:15 -->
EXTENDED HOURS:
Last: 0.058
Change: +0.0081 (+16.23%)
Bid: 0.040 x5,000
Ask: 0.062 x5,000
Extended Hours:
Real Time Extended Hours Quote Last Trade as of 4:15 PM ET 3/24/11
I just talked to the company , the number on the website , they answering the phone , the front desk lady was nice and answered and seem not worried , she directed me to mangment and I left a messgae , I post the finding as soon as they call me back ..if they call ? I also E-mailed managment
Call 310-461-3737
From Metallica Insider Today :
"Marc Reiter, from Q Prime (the band’s management), had the following to add:
“We are very happy to have bolstered the Writers Group Film Corp. stock price by using the Metallica name. We only wish they would have told us sooner so we could have bought some.”
P.S
I should add that WRIT hit .14 without Metallica about 2 weeks ago ...
Thank you so much , I converted the account to margin and wired $4000 so now my account exceeds the $25 , they also gave me break and too day traders staus ..they were nice ! thank you much for your advice
lady Gaga in 3D ...OMG !!!
Jake : It was heading so fast this morning toward .2 , now Metalica applied the brake on that run so they can load at these prices, and then ...., I dont blame them ..these guys so busy with concerts , may be the news did not reach all ??