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Less Than $3K Traded
does it really make a rats ass?
Manning Up To Misleading Statements Of MVNT
Facts rule wealthier they be positive or negative. To ignore misleading statements that's can easily be proven wrong should be called out. It has nothing to do with disrespecting anyone. Its a shame that we can not have a fair and balance board where all facts matter. Anyone here that speaks of a negative is instantly attacked.
Energy Is A Different Bird
and Trump knows. The Fed can't control Oil prices, storage, or the main players. Oil was screwed before this virus. When you add the virus it has nailed the coffin shut on many of these debt ridden companies as it should.
Trump/Fed can control many things but not energy. He can put a band-aid on the shark bite but it won't last long. Time will tell about MVNT.
I'm Stuck In My Position
A year ago things looked much different then today. I would rather eat my shares at these levels then to sell. I will wait as I have for the last year for the idiots to their jobs.
Ask yourself this
what has the rest of the companies have done after the fins have been released?
The facts are, companies have cut their spending and have delayed projects.
All businesses have been effected in this space. When this happens price wars start up. Larger companies have better financial backing and can afford to under bid smaller weaker players in the space like MVNT. I'm not fooling myself about current conditions. They are the worst that anyone ever seen. Trying to paint a pretty picture in this current sewage hole called energy is mindless.
Shock May Be The Right Word
RIG was one the largest offshore drillers in the world. One that I use to trade in $40-$50 range. This month I bought it under $1.10. But of course we all know that MVNT lives in the land OZ where nothing can go wrong. Maybe Dorothy will become the CEO and fly us to your .25 target lol
That's Very Funny
and completely obdured. Have you ever heard of bondholders? That's what I figured. It always pays to know what your talking about. FED will not stop the bankruptcies in the patch with companies heavy in debt. And yes, they are legit.
20 Year Investor Speaks Of Facts
20 years of reading the Q's
I have for the last 20 years spoke of the negatives. I have no ideal why people are scared of them. My words don't have a god damn thing to do with PPS. Its called Investing.
I did learn from some of the best minds in the business.
https://microcapclub.com/
Read Between The Lines
The growth they speak of is because of acquiring companies. No other choice but to see growth when putting revenues together. Sure, companies can retain customers but that doesn't mean that orders have been reduced by a great amount in this terrible environment. Companies can always print double talk. You just have to know how to read it.
Beggars Can't Be Chooses I Guess
Does the word volume and dollar amount mean anything?
I'm all for getting my money back after holding shares for around a year. This volume and dollar amount is nothing to be cheering about but lets hope it continues up. If these clowns get their shit together and drop the filings then maybe some of us can at least get our money back.
"Potential $10 Million Dollar Customer"
I don't mix my words. Matter of fact, those are the words that the company used. I never mentioned a contract other then replying to someone else that used the word.
http://www.globenewswire.com/news-release/2019/09/18/1917358/0/en/Movement-Industries-Corporation-s-OTC-VSHC-Wholly-Owned-Subsidiary-Hi-Alloy-Valve-Passes-Site-Audit-by-Major-International-Energy-Supplier.html
https://twitter.com/KamaainaTrades/status/1250753651984879616
I done with the dumb shit here.
I Will Not Argue
Its all there for any honest person.
I post the link so no false claims
I repeated what someone else said
http://www.globenewswire.com/news-release/2019/09/18/1917358/0/en/Movement-Industries-Corporation-s-OTC-VSHC-Wholly-Owned-Subsidiary-Hi-Alloy-Valve-Passes-Site-Audit-by-Major-International-Energy-Supplier.html
What We Have Is Common Sense
well, I do. If they got it, they would have screamed it to the heavens and most know this.
Was there ever a customer or was it complete BS? That's the real question.
What Year Would That Be?
2040 for MVNT?
How Did That Contract Work Out?
Lets see, IT DIDN'T !!!!
Just A Bogus Pump like providing the filings for the last 6 months.
Don't Put This Shit On Me
Making Money Is One Thing
Being profitable is another. One would have to blind and stupid to not see how revenues have dried up in energy. All most every company has came out in the energy space and reduced their spending in 2020 and removed their earnings guidance for 2020. We just had a huge build in oil. No where to store it ! That's national news.
Facts Have Been On The Table.
The company pumped a large $10M deal that never have happen. Fact !
The chart has pump and dump written all on it. Fact !
They pump the filings for 6 months and still haven't delivered. FACT !
You don't have to dilute shareholders to put debt on a balance sheet. It happens 10000's of times day around world. Fact !
Only a damn fool doesn't know by now that almost all energy companies are losing their ass. This by far the worst time in history for this space.
I choose not to stick my head up my ass and lie about MVNT or this space.
Haven't Sold Any Shares In 7 Months
Too far in the hole to sell now. If needed, I will eat these shares but best believe it won't be over.
Imagine Is The Correct Word
cuz there's not one ounce of proof that they are profitable. You don't need to dilute to add debt on your balance sheet. Company can have line of credit that can pay for machinery etc. bought. That becomes shareholders debt. Today was just pressure for them to post something. Exposing these clowns to the public of their possible pump and dump was just a start. My plans are post to all possible clients of MVNT that may use the Twitter. 6 months of jerking shareholders around has gone too far. Screw them !
Buy 5M - Sell 2M
up 7%
good to see that the tide has changed if even for one day.
Buy Volume 3.8M - Sell Volume 1.5M
Texas Has Been Closed For MVNT
for the last 6 months. These Jugheads could care less about shareholders.
It Only Took Couple Of Months
to go from $1 down to these levels so a reversal over the next 4 months back to $1 is possible but will need a lot things to go right. Its good the split is on the table.
The Sentiment Is Becoming More Bullish
Even if they take baby steps forward its still driving in the right direction. If correct then its better to be ahead of the curve. DNR was profitable and has good management. They need help from the markets and may get it. Banks don't want touch many of these companies right now but that can change over the next few months. They need to stay on the NYSE so that reverse split is needed for they get cut.
Nope
DNR was shit at the open. I sold DO +19% and VAL 49% while DNR had given up most of gains. Lot of flippers in DNR.
SPXU 17.80's
Too much bullshit in this market.
I'm Back In Today
DNR is lagging the market and just a matter of time before the move comes. I'm surprised the move up in premarket didn't hold.
I Wouldn't Be In The Hole
if I played it perfect but thanks for kind words. Hope this CEO speaks soon.
Made My First Buy In Bout 6 Weeks
Glad I waited. I doubled down for a little of nothing. The virus issue in China was a solid reason to avoid. I will just kickback and whatever happens, happens. Glad I had trading shares to go with small core position.
Energy Was Screwed Before The Virus
I will not play stupid ass games. Aloha !
Energy Is A Complete Bloodbath That
no one has ever seen before. Lets just pretend that its all good while all these smaller companies go bust. I'm sure that's the way to handle things.
Please Tell Me Of The Financial Wellbeing
of these businesses? I'm sure in the land of OZ every company in Texas could go broke and Shareholders of MVNT would say, no problem. I live in the real world and chances are I have got screwed in MVNT.
Another Stinky Pinky Write Off
Lets hear some of that MVNT cheering! Where has that got shareholders? One stupid ass pump after another by shareholders.
Today Volume = Goose Egg
Action Speaks Louder Then Words
what does it take to realize you've been screwed? If the big B word hits then don't say I didn't say so.