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Three years ago $CMGO was priced at 0.0005 So this means in three years from now it could be $0.05. Although in a room of day traders it is worth yesterdays call.
Rome was not built in a day. It will merge by purchase or acquisition of revenue business. It's not going bust before 2026 on revenue published. Good buy to go public. Not a shell on history.
That's why I said I would want a good salary or remuneration. This stock has potential when many will fail.
I read the filings and I think Glenn has done a tremendous job under the restrictions and pressures. A calm hand at at the helm. Some growth and a sale should recompense him for the many years of drought.
A specialized quality without deep pockets to buy legal brains to do it for you.
If you put yourself up for public scrutiny. What is the least you want to be paid? I would not get out of bed as a publicly traded CEO for less than $500,000 a year. Maybe someone is owed back pay and stock options. Traders are sentiment, but necessary.
Well you don't know Glenn he is familiar with heavy lifting.
I try to be very polite and constructive, then I learn something with little expectation. The $CMGO entity is worth $250,000 divided by its shares. 0.00056 Plus any balance sheet tax benefits if you merge a profitable entity into it. I read the releases back to back. So who has taxable profit to mitigate by reverse merger.
The town crier had a big bell and something to announce. We will need to wait on $CMGO
So your price is 0.005 which is right in the middle. How many million as 10 million is only $50,000 Usd. Any other takers? 5% is $112,500 which is normal takeover declaration.
I think its got nothing much to offer on what is public. However that's why its around 0.0050.
So expectation is far to high as people buying volatility, not the company. If I bought significant stake volatility would diminish. Just keep buying. It is producing no sales if you read the releases.
Addressing the issue of debt. Debt is good if you have growth in earnings value. PEG valuation PRICE, EARNINGS, GROWTH is a far better test to asset quality. Ability to pay down debt is different question. CMGO need to clear the STOP, show orders and put cash to work. If you have $2 mil in cash and $2.5 mil in debt. Earnings best be good.
In the rules they leave the period before taking the STOP sign down to interpretation. Pay up or wait. Two to four weeks is quite normal to enforce rules and revenue. Second point they can interpret that the stock has been traded suspiciously. Could last a lot longer than first thought.
The question for the retail day traders. Do you want to leave at a loss. Will the stock hit 0.0070 in the short term. Could it hit 0.0029 on earnings alone.
Steady as she goes Captain.........Captain's of INDUSTRY
This stock is wonderfully predictive. It's Friday in a bear market with all markets western crashing. 0.0039 is right by close 0.0065 post STOP removal and sentiment directional.
At least its the right bird....... wait a little longer for the golden egg.
Good job CMGO is not a Canadian company. The price is up and down like a 'hors culottes bouffantes'. We approach a skinny period in the calendar so no expectation of any direction.
Even Bill Murray would be saying it looks like Groundhog Day all over again.
It is easy to shake out the short focused stock holders. However the damage would be always greater to the company unless a plan to purchase assets with stock. Issue another 200m SHARES from loan stock.
Did you mean 'choke'? I attempted to do the math on volatility to number of shares transacted. No vol post holiday is not a bad thing. Easy for the stock to collapse before long weekend. More accept increase in PPS than it to bottom. No selling the boom here.
We if it all goes a little KEY WEST you can take my lifeboat offer at 0.0058 still stands.
It's Friday PM and no reason today for the stock to close higher.
Earlier I suggested 0.0037 although it does not matter. What will the day traders take to fly the coup. My offer was 0.0058 and nobody bit.
So I take it you're a stick. Market cap net of all debt 0.0058 is very fair.
So if I make a 'Tender Offer' at 0.0058 for all your shares who will stick, who will twist.
When its closed at 0.0037 at Friday close who would be happy selling at 0.0055. Day traders that's who. However at 0.0037 people buying in again.
Little volatility in $CMGO as long list of buys at this price or lower. So we could see a entrenched position as concentration in this stock builds. Double long position posture. Bluff or double bluff.
This is where my crystal ball goes a little smoky. I think it depends on how many clean budget business's like this exist for acquisition. Market exists even in recession.
Would not surprise me if it stays in a narrow range between 0.0036 and 0.0048 till September. Traders will exit. However think big changes ahead on news it will surge or die. When the dark and defunct is removed back up to 0.0045.
So many people ready to pounce and buy at 0.0030 to 0.0035 all day traders with no interest in being long. However 240,000 of the 410,000 held by none traders. Traders will leave as action to other markets. Good six months whilst it lasted for buy sellers.
OK If you walk into a shop and you have to choose a white T shirt and one stands out. Cleaner, looks crisp and is on sale. Someone will buy it as they wanted a new T shirt. $CMGO clean as they come for the money. Maybe too early to make announcements.
I think you may get a shock and the tide will turn in 2020. The $3000 ends up being a point of principle. Investors will return on positive acquisition news, gross income and net profit if not expansion. You do not buy expensive cutlery if you have nothing to eat.
You can tell officially this stock is in a controlled range. Probably cantrolled by a block of free saleable stock, not the management. The skim looks legal, but low about 30% of the stock. Take 10% every other day as margin its $20,000 a week. Good if you can time the tide in and out.
To coin the famous phrase from the movie Moneyball. 'She is going to 20' 0.0020 Quite apt as success at this level comes once a lifetime. Seriously needs income streams and reasonable level investment capital. Dark or Defunct is OTC official opinion today.
News from the pound. Bow wow stocks are Woof. It's in the kennel placed between 0.0028 and 0.0074. Nothing put down this week, cannot smell gas this year.
Is this what they call 'prop trading' propping up the stock at the bottom.
That bump directed the stock into a ditch. It's Friday in a bear market.
So you have a public higher sell position in mind? What about a distress lower position? Outside the top ten tech stocks on the NASDAQ WHO IS NOT OVERVALUED?
It is obvious what happens with this stock over the last year. As it rises share holders sell profit. Buying back later and pocketing the difference. $20,000 to $40,000 Dollar positions that impact the float as 2% of free float is big at this level. In a clearly bull misted economy with easy money it could be 0.02 PPS. It ain't 2020.