Everything I say is my own opinion. Don't listen to me.
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For people new to SNRS, or the people who made the mistake of listening to PSC, SNRS does not move past this range...ever
I am really sorry for the people who bought into this, it happened to me quite some time ago, but, trust me when I say, the people who were going to make money off of this stock have already and moved on.
Mark this post, next week some bag holders are going to be upset =/
Well if the damn thing doesnt have an engine in it and I hear 30 people standing around the car talking about how great it drives, I would let them know how misinformed they are.
The news article is not right?
And your reason for saying that is because someone has a certain number of shares...
I have truly stepped into the twilight zone.
Lol why are you guys hanging on to this gold thing? This company does not operate at ANY capacity to qualify it as a functioning company. In the legal sense, yes, a company exists in that they pay taxes, file the right forms, and follow the rules to maintain their status in the eyes of the law. BUT, in reality, this is not a company. They have a payroll, comprised primarily of the CEO's family members, they have a space that they operate out of, but, they have no real assets. What they do probably have are "company cars" that they can write off on their taxes and depreciate them for accounting purposes.
Guys, this company does not buy gold, it does not sell gold, it does NOTHING.
If I wanted to RIGHT NOW, and I felt like wasting the money, I could form a company called GoldRush and then pay godaddy.com to make me a website, file the paper work, and in 1 month I could have a legal business. Stop it with all of this gold talk, its really funny and all but I have the feeling some of you actually believe it. Stop.
If this stock runs it will be due to a pump and NOTHING more. This companies stock WILL NEVER run due to legitimate business operations. NEVERRRRR.
The stock will run 1 day, but stop it with talking about gold. Seriously.
Wireless industry News
Source: http://www.wirelessindustrynews.org/news-may-2010/1949-051910-win-news.html
Some wireless industry analysts are thinking that AT&T Mobility might be on the verge of updating its current 3G network with HSPA+ technology, just a few weeks after saying it would stop 3G upgrades at the 7.2 specification.
There's no question now that the Number Two largest wireless carrier in the U.S. is feeling some hot and very intense competition coming from the likes of Verizon and others.
On AT&T's blog this morning, company CTO John Donovan said the wireless carrier planned to upgrade to HSPA+ later this year ahead of its planned launch of LTE services beginning next year.
Donovan also noted the move to HSPA+ would be based on its recent 7.2 upgrades that included increased backhaul capabilities at mobile sites that will also be used for its LTE deployments.
While Donovan didn't provide details on the depth of upgrades the carrier would make along the HSPA+ path, published reports indicates that the company was looking at going to the 14.4 specification that would provide for theoretical network download speeds of up to 14.4 megabits per second compared with the 7.2 Mbps currently possible with the 7.2 specification.
AT&T has recently launched a new advertising campaign with the “Rethink” tagline and images of advanced telecommunications services. This new marketing emphasis would seem to dictate that the carrier stay as far ahead of the competition as possible when it comes to wireless capabilities, thus the new plans to move ahead with HSPA+ deployments.
However, with its competitors moving aggressively with advanced deployments, AT&T Mobility seems to have little choice but to move ahead with HSPA+, though the carrier sees itself in a different position.
"As the LTE ecosystem evolves over the next few years, 3G is going to be very important because customers will fall back to it frequently," a company spokeswoman noted. "When they do, we want to ensure they have a great experience. That’s why, unlike our competitors, we continue to invest in our 3G network to increase its speeds – first with HSPA 7.2 and now with HSPA+."
"Our competitors are not increasing the speeds of their 3G networks, which we think doesn’t service customers well. They are in a big hurry. But that doesn’t mean they are ahead," the AT&T spokesperson said.
But the new emphasis isn't expected to dampen the carrier's plans for LTE. The company's president and CEO Ralph de la Vega has noted on several occasions that the greater efficiency that AT&T Mobility will gain from the move to the all IP-based LTE technology as well as the eventual scale the technology will garner with broader deployments.
For its part, Verizon Wireless said it plans to cover at least 100 million pops in up to 30 markets by the end of 2010 with its new LTE network that the carrier said was showing peak download speeds of up to 50 Mbps in testing, though a video the carrier recently released showed real-world download speeds of around 8.5 Mbps.
T-Mobile USA announced at the recent CTIA event that it planned to cover 185 million potential customers with the HSPA+ 21 standard – providing download speeds up to 21 Mbps – by the end of this year.
And Sprint Nextel is partnering with Clearwire to launch WiMAX services covering 120 million pops by the end of the year, and already offers the service in dozens of markets providing real-world download speeds of around 6 Mbps.
Clearwire has also hinted that it could look towards other technology deployments, including LTE, going forward.
Why is the board not showing as having news today?
I agree with you on a few fronts. You are absolutely correct about the pending merger and increased volume, if it were coming, we would see it. The golden rule "volume precedes price" definitely applies here. Secondly, what you said about a possible deal being based off of the current pps on the date/time the deal is finalized may also be a possibility. Most mergers I see happen are based off of a pre determined price, but, I guess there are probably some exceptions.
I also agree this is not a pump, if it is, they are doing a horrible job. News is coming, I just hope its substantial.
In my perfect dream world I like to imagine that this is taking so long because the lawyers have to read a 10,000 page document written by some huge company that wants to purchase MDGC. In that dream I also wake up 1 morning to MDGC trading at $6.00 a share. Now if MDGC can make these dreams come true, I will be 1 happy camper. A camper living in a mansion...with a yacht
For the record, I sold this stock ONE time. I sold 50k shares and bought back 60k shares the following week during the dip with the profit from the first sale.
You can call it flipping, I just call it smart investing. More shares with the same ammount of money, if there is a downside to that, feel free to enlighten me.
Couple things, unfortunately they will probably seem very negative (as usual) to most of you.
1. The term "the seller is not gone" is an impossiblity. MM's will short any stock at any time at virtually any price. Market Makers have a virtually unlimited number of shares at ANY pps because the shares dont exist.
2. I am still clueless as to why people on this board keep bringing up a merger/aquisition as if it is a matter of fact. Let me be clear, IT IS NOT. To say "We can anticipate a merger or acquisition" is a falsehood for a number of reasons. Firstly, the damn company didn't even say it. Second, even if the company did say it, mergers and aquisitions LITERALLY fall through every single day.
Does MDGC have potential? Yes. Is MDGC a guaranteed road to riches? Hell no and ANYONE who tells you it is is doing you a disservice. This is a penny stock, every single penny stock without exception is high risk. A month from now could be sitting on a fortune, or, a month from now we could be bag holders of a .0001 no bid stock. Some people need to stop with all of this "we are just waiting for news of the merger" because it truly may not happen and if someone makes the mistake of making a buying decision based off of your posts, they may be screwed.
It is amazing to me what MM's end goal is here. Not only with EIGH, but also with CD*V. They want to short the hell out of these two stocks and hold them back, but why?
I know everyone has a theory as to why but I am extremely curious why they are doing this. The float is locked, or at least close to it, the company does not dilute, and we keep getting strong verifiable news. Would it not be more profitable for MM's to buy shares here and then sell at .5?
Great news. Even a skeptic and/or flipper should agree this has AT LEAST .5 potential, I personally feel .5 is on the low side but for the skeptics, EIGH is building an INTERNATIONAL PRESENCE. International meaning multiple sources of revenue, targeted marketing, and the company has yet to dillute. Lol, what more can you even ask for?
You can actually ORDER the clothing, there is tangible proof the company is functioning at the capacity that it says it is.
Reality check I think, could be wrong though.
The day I need to ask anyone for money to buy a penny stock is the day I will quit my job and kill myself.
But, perhaps you should be showing someone the financials so they can explain them to you.
You are looking at this all wrong! The people handling these financials have not taken accounting. If you keep in mind that they probably had to google how to do financial statements, these are actually quite nice ;p
lol, only a few minor details missing here and there. Nothing missing that potential customers and/or investors would be interested in.
MDGC in its current state is WiMax, anything in regards to LTE is currently irrelevant.
Correction
Clearwire is NOT interested in blanketing the U.S. with Wimax. If they were, they would not have made changes to their agreement with Sprint to pull out of Wimax in 2012.
Although these updates and changes are nice, I still have a little difficulty in thinking MDGC has been bought out by any company thats worth getting excited over.
Insider trading, although illegal, is essentially the beating heart of wall street. If MDGC has what it says it has and a NOTABLE company is in the process of buying them, the pps would shoot over $1.00 so fast we would think we were seeing things.
HP, despite all their lawyers and billions of dollars could not keep it under wraps that they were buying PALM and I know some people on this board think Google is a realistic possibility, but, if that was going down, I guarantee MDGC would be trading at $5.00 or more right now.
Now, if its a company like Alvarion or even Clearwire, not as many people would be interested so I guess its possible that we would see no increase in pps, but, I still have my doubts.
I would love for MDGC to surprise me in a GOOD way for once. I can definitely live with being wrong and rich.
Could be wrong but I do beleive IP is considered an intangible asset...soooo, yea.
I think I am still missing something. I see Imperial talking about A2A or whatever, but I dont see any mentino of Clearwire. And on Clearwire's site, I don't see any mention of A2A, but it is possible I overlooked it.
I have not seen any proof that MDGC has ANYTHING to do with Clearwire other than the fact that they are in the same industry. Someone did say once that MDGC might be a Clearwire service provider but if my memory serves me, even that was speculative.
Lol, check out this trick I learned.
Moneysweats, this will be my last post for a few hours because my next post is awaiting legal review.
Now prove I'm lying.
I think "true longs" means 15% capital gains tax as opposed to 30%, at least, I hope that's what it means. To consider yourself a "long" and you have only held shares for 6 months would be comical. Anyways, I digress.
Next PR will be enough for a run. My guess is that it will contain mostly things that cannot be verified and promises of what's to come, but, there will be some verifiable facts and things to accompany those facts, like new web sites, to keep people interested. But for the most part, I am expecting statements like "We will continue to move forward with our plans to _________"(insert desired plans here) and then more "_________ project is progressing as expected". And probably sum it all up with the promise of regularly scheduled newsletters. My gf and I have a bet that the PR will contain the words "a few" somewhere, so we shall see how that 1 goes ;p
Nope. Expecting a run at the very least to .012 though
I gave up wishing for the 1 hit wonder thing quite some time ago. I think it was back when the company said they hired a law firm then a couple hours later took it back. Mistakes like that tell ME the mindset of a company and how hard they are prepared to work. But, just because I have given up hope doesnt mean its impossible ;p
No need to stress IMO, not even MDGC is stupid enough to promise news for this long, on a variety of different fronts (wimaxking, and MediaG3), and deliver nothing.
Don't worry, the news is coming and for those of you that have chosen your exits, this next run will probably be the time.
No it doesnt and you can stop now. We don't believe you because that makes no sense. Who the hell would a 911 message be intended for? Use some common sense.
Probably not. If you say something over and over again though eventually when the event happens you will APPEAR to be right.
Tell everyone at work for the next month that its going to rain and I promise you that 1 day you will be 100% correct and you can say "LOOK, I KNEW IT ALL ALONG!"
I wish i was kidding =(
I forgot that I had a paper cut on my finger so when I tried to get my twix out, the coffe got in my paper cut! Now all I am left with is no bid on TFZI and an empty cup of coffee with some mushy stuff on the bottom.
Hopefully sooner rather than later, im getting slaughtered today!
At this point I am writing this 1 off as a sunk cost lol. People have no faith in PSC and they are steadily losing their following. /if this bounces it will have to be off of crazy news because news hit today and the stock went lower. I thought the news was good but I guess other investors have a different view.
You just made me laugh and I acidentally dropped my Twix in my coffee. Thanks a lot, that was my last 1 because I gave the first 1 away!
you owe me $1.13!!!!
I am a little confused about why Scottrade says there was news today for SWRS but IHub does not have it marked as having recent news.
SWRS New on Scottrade TODAY
Southwest Resources Announces Strategic Plan to Streamline Mining Operations
21 minutes ago - PR Newswire
Southwest Resources, Inc. (Pink Sheets: SWRS) (the "Company"), a natural resources exploration, production, and mining company, today announced its strategic plan to utilize its proprietary technology to dramatically streamline the mining process for refinement of precious metals from its mining operations. The realized efficiencies will likely result in greater profitability when compared to similar mining operations.
The technology, named the "Goble Mill", was designed and patented by the Company's CEO, Roger Hall, and Mr. Ralph Goble in 1986. The cyclone mill is uniquely valuable in terms of its speed, portability, and efficiency in streamlining the process for refinement of precious metals when found in trace quantities. The mill is designed to pulverize materials by creating internal high-speed air rotations, which cause intense material-on-material collisions. This effect allows free metal particles to be freed from the ore material for subsequent recovery by a separate process. Due to its design, the mill effectively removes a step in the refinement process in that it provides on-site ore reduction, which allows for more efficient separation and extraction of precious metals.
More information regarding Ralph Goble may be found on the Company's newly redesigned website: www.southwest-resources.com.
"Like most of Mr. Goble's inventions, this mill was truly ahead of its time, and the marketplace just wasn't ready for it," says Roger Hall, CEO of Southwest Resources. "At the time of its development, the adverse market conditions for precious metals didn't allow us to maximize the opportunity. It's gratifying to now be able to deploy the technology in a more favorable and receptive marketplace which will greatly enhance the vertical integration of our operations."
The company plans to rapidly deploy the Goble Mill at its mining locations including the recently acquired mining operations in Southern Arizona. Although Southwest Resources has not yet utilized this technology as part of any mining operations to date, the Company anticipates the proprietary mill technology will reduce on-site costs and increase the return on its mining assets.
More information regarding the Company's technologies and assets may be found on the Company's website www.southwest-resources.com
About Southwest Resources, Inc.
Southwest Resources, Inc. is an energy and mining company engaged in the acquisition, development, exploration and production of natural gas, crude oil, placer deposits of precious metals such as gold and platinum, and other income-producing natural resources. The Company is currently pursuing oil and gas properties in Texas, Oklahoma, New Mexico and Arizona and has mining rights in Utah. For more information, please visit the Company's website: www.southwest-resources.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Investor Contact:
Roger Hall
866-765-4939
Lol, news this week I am guessing right? Sure can't wait! If its anything like the news we got last week, I bet we can another 4million volume!
Last weeks PSC pick was absolutely laughable. I am hoping this 1 does not turn out to be worse ;p
But,if it does flop, this wont be the first, or the last bag I have been left holding so its all good lol
Well if this stock does not run, my feelings won't be hurt, I didn't buy too many shares. But, I can tell you 1 thing for certain, either I profit off this PSC pick or I will make it my personal mission to bash PSC in my spare time ;p
lol
Call me crazy but I think SWRS could still do well next week.
Sooo what you are saying is PSC is selling at a loss...?
That makes so much sense I don't know why I didn't think of it
PSC says SWRS at .40 next week.
SWRS: PSC Friday pick. Just announced
I was just thinking the same thing ;p