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Someone respectfully pointing out that your post was factually incorrect means you need to walk on eggshells? Think you need to look in the mirror on that one.
DJ, I'm a big fan of you as you know. Not sure where that burst of posts came from. I think you've misunderstood some of the stuff that never needs to be questioned because of some difficult-to-read posts. The biggest shareholders of Mexus are not looking to day trade or swing trade this stock. They are accumulating as much as they can before the company makes money in mining. This period is like the "pre-game" before the real fun starts. So, although buying under a penny was the ideal...people will be making lots of money whether they bought at 5 cents, 8 cents, 15 cents, or 20 cents.
As far as I know, you haven't had much of a history with mining stocks. Now isn't the time to have the worries you mentioned. Those days are in the past. These prices and this volume is not a permanent situation here. Nobody really knows about this stock. It doesn't matter that a handful of jokers have been able to walk this down. It is, as was correctly stated, a buying opportunity. I can't predict an exact bottom but we are right around the corner from a time when these games won't be able to be played here. 8 has a style that isn't for everyone but he has been very consistent about a couple of things...strongly recommending buying up shares of MXSG...and stating his belief that it will hit a buck once they are pouring gold and have a year's worth of financials to show. I agree strongly with both of those beliefs.
Think of it like this...you're talking about the concerns before ground has been broken to construct a shopping mall. Legitimate concerns at that time. But the structure has now been built, they're putting up the signs, and our ribbon-cutting ceremony is around the corner. The junior mining industry is messy, slow, and expensive. Almost nobody gets to the point we are now. I think your posts were way over the top and extremely mistimed. That said, I understand why. If some people weren't responding to any perceived slight with temper tantrums, everyone on this board and the other would benefit with greater understanding. As it is, many people are too scared to ask questions and instead make incorrect assumptions. But your posts tonight surely aren't helping matters. By the way, that 52-week high is going to be here WAY sooner than you think. When a miner starts making money, people take notice. It happens every time. The new influx of eyeballs and wallets is going to be very different than our group of people who are excited about a company that hasn't done anything (on paper) yet.
Don, I was just making a joke because he wrote .8 instead of .08. But yes, I understand your point that nothing in this "pre-game" pricing for Mexus has anything to do with what happens with the stock price after they're making money.
Yes, I believe there will be a day in the not too distant future (probably late 2017 or early 2018) when .80 will be the bottom for a new run. :)
Totally agree this is a screaming buy.
Strongly disagree. With a lightly traded stock that has been moving within a tight range, it is quite possible to walk down the share price without shorting. The advantages are obvious. If someone with lots of cheap shares wants to accumulate more but doesn't want to do it at 20 cents or 12 cents, they can take action to make that possible. Obviously, when the stock starts running fast again, the strategy must be abandoned. Is it selfish? Of course. But that's why I keep posting for people to buy at market price instead of using low bids. That leads to stronger price activity. Once we have more volume here, it will be a moot point. Much harder to play these games with heavily traded stocks.
Step 1 from post 15782.
3 tips I've learned if you don't want to be "that guy." Meaning, a guy who can't handle the ups and downs of the stock market:
-Learn who to listen to and who to ignore. There's a lot of noise online and if you can't properly filter it, you're done.
-Don't be run by the worst of your emotions. When a good stock dips, don't invent conspiracy theories and have mini breakdowns every time. Most people lose money in stocks because their overly emotional trading behavior is consistent and predictable. If you believe in the company, you can do very well "buying the weakness" rather than predictably following crowd behavior.
-The only rule is that there are no rules. Sometimes it pays to average down. Other times, it's smart to average up. Sometimes the wise move is selling and taking profits (or losses). Other times, holding for years is the play. There are no firm rules.
Just my two cents. It's very hard to find an exact top or bottom. New investors are usually the ones who are overly worried about timing that perfectly. Typically, I sleep better when backing quality people/companies. OTC is trickier than the big board in that way, but it's not impossible to find.
I'm extremely comfortable with my investment in MXSG. Not a lot of mystery in the last 2 weeks. We saw a successful attempt to walk the price down to grab cheaper shares. Much easier to do when there's low volume. Then predictable crowd behavior followed - people getting nervous and selling into the bid, etc. But it happens both ways. Soon enough, when this stock moves fast the other way again (and it will), the wave of emotion will be much stronger. This was a handful of people while that will be an entire crop of new investors finding an opportunity that we discovered early. Gold is coming out of the ground, numbers will eventually follow, and you'll be very glad you own this stock. I'd buy down here while you can. In the not-too-distant future, you're not going to be sweating the difference between 9 cents and 12 cents.
Ha, I had a little private chuckle at my desk about that one.
A verb
I feel the same way. And people putting in a market order to buy is still a lot more helpful to the stock price than putting in low bids.
That was great.
Hey CDEL, if you're here, post something and a few of us might help you learn how to trade stocks. If not, I expect in the near future, you'll be sadly calculating the big profits that you threw away this week. Really foolish stuff.
That said, as we know, it's easier to point the finger at others but harder to see our own flaws. On that note, you should have seen some of the trading mistakes I made when I was starting out. Impulsive, threw logic out the window, emotional, selling at ridiculous times, leaving all kinds of money on the table, big blocks instead of breaking it up, etc. As far as mistakes go, you name it and I've done it at some point.
This is where people start to act irrationally. Of course numbers will be coming, but we got news of the test pour literally 4 days ago.
Yeah, there are some dumb traders with every stock. We shook some of these out in February and are in the process of doing the same now. I never thought I'd have a chance to buy in this range again, but am taking advantage of it now. Pretty ridiculous, though. The same seller would have had a buyer at 12 cents as they did at 10. Even if selling (which isn't smart), they're throwing away 20% of their profits unnecessarily.
You don't know that at all. Early last year people picked up those numbers very cheap. Even if 99% of them are holding for the ride up, it still leaves a joker or two who suck. Just have to either ride it out or load up. Like I said, if not equipped for the day to day at this pre-numbers time, it's best to set an alert and turn off the computer.
What is there to question? That we have to have a few days of bad traders shedding shares from time to time? That someone knows this is going up and is trying to do what they can to load up low? It is what it is. Of course it's annoying. But, no, it doesn't change where the stock is going and all it does is create an opportunity to have more shares when we get there.
I agree 100%
Some of the commentary this week was very amusing. Identical things said in February when it was in the 9 cent range for a few days. Then rushing to other extremes when back up to 13 cents for a few days. Patience is the move here. Better not to watch the daily action if too emotional about it. Set an alert when it hits 50 cents or a buck or whatever your number is and enjoy life in the meantime. It's coming. Agree that it will be $1+ within a year.
Volume has been much better lately, actually. Consistent days in the millions is a big increase from what was going on for a couple of months. Lots of good signs that it's setting up for a move.
If this were any other stock, we would have to see the humor with the comments. It's actually pretty hilarious how the sky is falling theories come out every time there's a down few days.
Incorrect. Mexus has never been here before. If you don't realize this, then you shouldn't invest in this or any other mining stock. This is an incredible opportunity. Message boarders watching the daily ups and downs here just don't get it. Buy what you can, turn off the computer, and check back in in a year with a huge smile on your face.
Thanks for that post. Yes, no need to be surprised when posts disappear if they include name calling. Pretty obvious at this point.
Post 15569 answered this. But I agree MXSG will be over a buck before next summer. For anyone to "know" what the range will be before financials are released is inaccurate. Might bounce around here for a while but it will move. Nobody here can say exactly when. Patience. Hold this one and wait. If you haven't loaded the boat yet, pick up more shares down here. It will be a multi-bagger from these levels.
Exciting first for Mexus with this test pour. Really a momentous day for the company and all of us shareholders. Buy what you can, check out of the day-to-day chatter, and be very happy when it's a buck before next summer.
Yes, I was responding to a post of yours that got deleted. Agree that removing posts makes it very difficult for the 2 or 3 people who have that question for you to see the answer. And I agree it's a huge, strange stretch for anyone to question where you stand with MXSG. Obviously nobody could possibly recommend buying this stock at current low prices more than you do. I just think the style of writing leaves room for unusual interpretations.
Yes, I'm happy to answer that question. As I've said many times, there is not a stronger strong buy recommendation around than 8thaero for MXSG at current prices. But why should anyone have to speak for anyone else? And how can can you expect someone else to pick one of your answers if they don't even understand what your question was?
A. They can't
Uh, ok. Do you recommend buying MXSG in the current 10 to 12 cent range? As the biggest MXSG shareholder and most educated mining mind here, I believe you have made it clear. But Deadjim and a couple of anonymous others don't know that. And, yes, it has to do with your style of writing. How about just answering that question so those people won't have to wonder.
DJ, I agree with the others. Nobody in the world is more of a screaming "Strong Buy" right now than 8. At these low prices. He has said it many times. Of course that's the problem with speaking in riddles. You leave things open to incorrect interpretation.
Agree. It is ready to run. But it does need news. Not just "we're working hard" tweets. If I had to guess, I predict we see something in May and run over a penny again this summer. Ready to move with a catalyst.
What exactly do you think isn't sinking in, Don? I know the numbers, news, and big rise are all coming. That's not what I'm talking about. Instead of thinning this out, people should buy at the ask instead of making sellers come down to their bid. You could encourage the same thing instead of fighting everyone on everything and the short-term would be as bright as the long-term.
Short-term, small-time investors here have very different goals than those of us with more shares and a long-term plan. We should not worry about the day-to-day games. That being said, if whoever just bought 200,000ish shares would have spent a few more bucks to buy at market price, we'd be up 20%+ today.
Nice seeing 30s here again. Also nice seeing a lot of increased volume. This one has a good chance to hit a penny this summer IMO.
That depends (on who the someone is).
It'll happen. As numbers start coming in. But those of us who know what we have are celebrating today's news. Wow 3000 is a big prediction. Even half of that is huge.
Great post. Thank you.
See posts 4193 and 4196
No point writing that response. It will be a moot point very soon. Big news is very close.
Exactly. If you want to support the stock price before the news, spend a few more bucks and just buy at the market price. Stop putting in lower bids.