Appears that this is getting dumped...We should be flying on this mining NEWS

Please don't take offense to this SS1. You do great DD. However, in pennies, nobody gives a darn about the revenues or anything like that. People play on the inexperience of people looking to make a fortune. All people generally watch for are volume increases, NEWS, TRIX, and other chart indicators. Then they get in and get out. JMO. Take it for what it is worth, but it proves itself over and over in pennyland.

Orange, Scottrade doesn't allow short trading of any stock that is worth less that $5 a share. Do any brokers allow micro cap shorting? If so, who? If nobody allows it, how was CMGO shorted? Just trying to figure this out.

You can make money in pennies...just have to be in and out...volume and TRIX will tell you everything you need to know

How much dollar volume have we traded today, Orange?

What do you see as a good entry PPS?

This is probably a good indication that they will be late with the 10Q we are expecting for this past quarter.

What is the drift?

I would have to agree. Can you imagine the logistical nightmare if the 26th weren't actually the date.

I have plenty more than that, Pickle. That is to try and get them filled because they won't be going anywhere till they do get what they want.

Me too. Like I said a couple days ago, I have 4 mouths to feed. I can't sit and hold like some on here. Next news I am out, MW. I won't be selling on bid though. I don't want to mess the people up on here that are in it for the long haul.

Does it look like it? Like some, I like to think my glass is half full, but ya know what, you have to drink the milk before it goes soar. I am afraid this milk went soar when the boss man left in September cause I haven't like the taste of what has been happening since. Nothing good has happened since he left. There are penny stocks trading more than $100k a day right now. Nobody plays a stock that trades less than $10k. Good luck to the good guys on here.

MW...Business is Business...Send it...I haven't posted anything else before

MW. No PM. But YES!

This is really starting to confirm Matrix999's distrust theory in Ennis. Makes one wish that the real boss didn't leave in September. We could be in this trading zone for months. I have seen it on another stock. NEWS would bump it up a couple ticks, but then it would be right back down. It isn't looking good folks.

...and there is the bidwhack that is going to continue to happen ...

I gave them 40k. They aren't going to go away and this isn't going to stop trading this way till all their shares are filled. That is the way the game is played. Some people may want to sacrifice some of their shares to get them gone. JMO.

No NEWS = more of the same today

Don't even have to watch...Have a nice day! GLTA

From what I understand, they can be repaid in cash and not shares, but I have only ever seen the PPS manipulated down to get the shares cause they get more when the PPS goes back up. This is a little more than a 50% takedown from the normal trading range and that is a little higher than what I have seen before, but we don't have the trading volume that the others I have seen have either, so it has been easier for them to take it down.

GM SS1. I absolutely think it is. Of the times I have seen this, a nice run follows every time. The quicker it is handled, the quicker we leave this zone. What I usually see is some BS PR to increase the trading volume to get through it quicker though.

We need a rally.

I am a little lower than you, but I am not green. Sorry. I don't like to give too much business away.

Yep. I will be dumping into next PR. I usually sell NEWS, but I was dooped by the dividend that was supposed to be coming October 26th. Won't be getting dooped again.

Until CMGO gets away from the toxic financing, all this is going to be good for is selling into the pumps. I am waiting on the next one and dumping. We don't trade enough $ volume on a daily basis to create interest by outside investors. If you look at the daily volume for the OTC, lots of companies are trading more than 100k in $ volume per day. We don't even average $10k. That is a big turn off to investors.

Yes. There are others, but not all are due at the same time. Asher is the only one currently taking place.

That link is my point. You have to learn to trade along with Asher if they are involved. Hence the reason I have rode this train 3 times this year. Must say, I didn't know they would short it down though. Many things could have went many ways in October. You did spark a new trading strategy for me today, O-man. This is how conversation should take place.

Sorry. I was quickly scanning for dates between Feb and April for notes payable that were due about this time. Others had a floor price of .01 and this one is being filled at will at .01 so I thought maybe this had a .01 floor price as well. But you have to agree that toxic financing is what is going on here. Maybe .01 is just really good support. Still have to be able to play the game when this type of financing is involved.

The key is to learn how to notice it and trade it.

With Asher's $37.5k and the "three lowest trading prices" having to be dealt with at the moment, is it so far fetched to think that once this is completed, we get the NEWS we have been waiting for from FINRA. Maybe the company is waiting this period out because they know this fact and they don't want to jeopardize the NEWS being effective. Hmmm...just a thought.

The only part I don't agree with you on that statement is the .0075 statement. In the 10-Q, it states that .01 is the "floor" price; therefore, that is why we are seeing the .01's being filled so easily. Also, Asher has a note payable due on Nov 8, 2012 for 37.5K. At .01, that is 3.75 million shares. I would say that is who we are dealing with right now.

JMO, but I promise I have seen it happen over and over again on other stocks. They want the PPS low for those "lowest three trading prices" prior to the conversion date. Again, JMO. Right, O-man?

Also, thanks for these dates. I will be sure to keep my eye open come end of April and early May. The price will be manipulated downward again to take care of these notes and I will be sure to load up.

Those are the type, but those wouldn't be getting taken care of as of yet. I am thinking something from Feb - Apr might be getting taken care of right now. Cheap shares is all I can say. The PPS will come back up, but not until the toxic financing is handled. This is why the PPS is low. The price was manipulated down to handle the toxic financing. I have seen it over and again. The key words "lowest three trading prices" are the key words here.

From watching other stocks go through toxic financing being taken care of, this is what appears to be happening here right now. I might be wrong, but it looks like it.

I am at work and can't view L2 at work, South. Sorry.

I was wondering when you were going to show your face again. Anyone who knows stocks knows that stocks follow trends. Fact is, a slow uptrend has started. Anyone who can read a chart can talk bad about a stock when they know it is on a downtrend. See you on the next downtrend cause the uptrend has started, bro. And you are right, in another couple weeks there will probably be a downtrend. You are so smart. I owe my whole portfolio to you.

Not a spectacular day, but not an all bad day either. The chart is looking a lot better since Wednesday. Nice slow and steady uptrend is better than a blast for where we want to go anyways. Keeps the flippers out. Have a good weekend, GLTA!

Kills me...buyers complain when a stock goes down, but they won't slap the ASK to keep it moving up...keeping a low bid and getting filled is fine cause you get a few more shares for your money, but all it encourages is a decline in the PPS...the ASK HAS to be slapped...

Most of us know this, so ignore if it doesn't apply, but sheesh!

I would be real surprised if we didn't get some NEWS after the bell today or Monday morning. Remember Sept 28th was a nice green day and then we got NEWS that following Monday...who knows...may-be!!

By the looks of things, I might be glad I wore my running shoes to work today. Good bye bottom! Go CMGO!

I love when the chart talks to me like it did yesterday and I love when a plan comes together.

Some of my short term chart indicators say we are about to start an uptrend before the end of the week IMO, SS1. I may not know the in's and out's like some of the seasoned pros on this board, but my chart is usually right.