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Patience! When the highest sell of the day(4 total so far) is for a total of 42.00 and it cost at least 8 bucks to make the trade. Well that's just market manipulation. I know m stating the obvious but there is no volume because everybody is in a holding pattern waiting for news.
Wow it's not even lunch time and someone is selling for lunch money
42 dollar trades are tactical trades, nothing to worry about.
This is going to take patience. We will probably not see any news till mid July. The PPs will probably fluctuate up and down over the next few weeks as people get impatient. This will take at least a year to become profitable. Just saying!
Entry point here should be at 0005. When it gets there it worth a 500 dollar gamble that the two new clowns will pump it!
Lots of buys so far this morning!
As long as the mm keep a decent size gap between the buy and sell they make money
What rumor?
Id rather get a pr from the bank of Kentucky.
Very well stated, I agree completely. However for a sub penny stock this is a reasonable gamble for the long haul. Don't put all your eggs in one basket. Leave yourself some playing money to flip somewhere else.
1500 share trade is about 7 dollars! Someone is letting their kid trade for free!
I believe that the short term run is over. This has been holding pretty steady because nobody wants to sell at the present price. There are many ways that this can be pumped or bashed. There are many reason companies partner up. You can bet this is for more than just 1% on every transaction! These companies mutually need each other. I don't expect much from the next Q report, I could be wrong, but I expect that there will be some dilution to pay for lawyers etc. but long term this is a better risk than most sub penny stocks. If there is no dilution on the next Q then look for something to happen pretty quick, because somebody else is paying the bills.
There is only one bank with the right aspirations needed here.
Just for thought! How does a small bank "Bank of Kentucky" become an international bank?
My deciding to buy into this has nothing to do with all the hype coming from this board. In my investigating this I came across some information that caused me to see a niche that they might have. I have bought a few shares to hold for the long haul. When I know for sure what I found out and what I think is going on I will post it here. However I will not pump this stock or any other.
In the interest of honesty I did buy a small stake this am. However that does not mean I'm going to pump it. My reasoning is that I'm seeing some potential here. Not anything like the hype that is going on here, but a small niche that could be exploited.
Funny thing if I believed all the hype around this stock. I think I would just shut up and buy instead of hyping it. Everybody claims they want more, yet they are trying to drive the price up! Why? This stock will only move on hype, PRs etc. they need to be able to sell before the Q2 comes out and shows no revenue.
Another good gig is to drive the stock price down buy up 3 billion shares then pump it back up and sell again. Does anybody know how he got the 3 billion shares?
The clues to look for when a stock is being pumped is the release of multiple PRs spaced out over a few days. Like MYEC did in April.
Sorry that was does not dies
Big gap between bid and ask! This dies not bode well for MYEC!
Adding Ignores = sticking your head in the sand!
I didn't accuse you I don't even know who the mods are!
Someone is signaling a sell off!
I love when people ask this board for advice!
I wonder what the share structure is now? With that 9,000,000
Share trade yesterday = to 37,800.00(dilution) Starr may have have gone on a nice vacation! He's not there to cut his grass
Somebody here was claiming there were buyout talks with PayPal. This was because they themselves talked to a customer service rep at PayPal! Wow! Lets get some realistic news here not pumping to flip but a real reason to hold this crap!
Some one keeps trying to prop this up with 1000 share buys! Just throwing money away!
Wow I see this is headed back to where it should be. The pump and dump must be over?
Still no revenues after 5 years!
Talking to customer support at PayPal does not = MYEC is in talks with PayPal about buyout!
You should be scared! That showed up as a sell not a buy and it was at .0042! Don't get caught up is this BS hype!
That was a 9,000,000.00 sell at .0042!
Big 37.00 buy just came through!
Lots of big sells going through just now!
If you bought into MYEC at the high you can't afford to let it fall to low. The flippers will buy in at the bottom and flip it before it ever gets back to 007. I'm here to buy at the bottom for the next run, but we are not at the bottom yet. No there's along way to go before this hits bottom. There will be no news of revenue in the next Q report. Bank of Kentucky has not even had time to implement it yet. Maybe they never will.
You mean this wasn't going to a dollar? to Da Moon!
It takes greedy newbies for a stock pump to work! They are the new bag holders till the next run. So sad, but hang in there they will run this again after everybody forgets this time.
I am not shorting this stock and never will.
The Raystream (RAYS.OB) story has it all - a too good to be true product, excessive company sponsored paid promotional campaigns and ties to promoters of other companies that have been pumped before they were dumped. The stock has gone from $1.00 to $2.51 at its high since completing its “corporate restructuring” on October 4, 2011 and has already been exposed by two well-known research sites: The Street Sweeper (Dec. 1) and PumpsandDumps.com (Dec. 5). We also believe that TimothySykes.com views the RAYS story in negative light.
We believe that RAYS is worth no more than what it would claim as a shell company or at most about $0.004 to $0.01. ($200k to $500k divided by 50M outstanding shares). Even when applying RAYS's claimed shareholder equity (which virtually consists solely of goodwill) as shown its October 2011 10Q, a price target of just $0.19 can be derived.
Some of the red flags which you may already be aware of and others that have certainly flown under the radar:
Raystream’s Technology is not a Secret
The company’s claims of a proprietary high definition video compression technology, related to AVC/H.264 video codecs, are flat out misleading. In fact, it is and has always been available as free and open-source software on other sites. Furthermore, RAYS claims “No other company specializes in HD compression technology.” To verify Raystream's claims, we decided to do a simple web search. As expected, we found several companies that specialize in HD video compression technology.
Excessive Promotion
Raystream has spent millions of dollars on a self-promotion campaign just to disseminate details of its story. Over a dozen sites have joined the pump train to fuel what we believe is a sensationalistic campaign designed to dupe investors who are none-the-wiser about exactly how ubiquitous the technology really is. In fact, Go Daddy suspended the Smauthority.com domain, a pumper for RAYS.
The Usual Suspects
The people involved with Raystream include a cast of characters that have had a long and lurid history with rogue development stage companies that eventually failed. The same people are continually tied to one another with each new venture. (Evidence to be sent to SEC Task Force.)