"Finding shell stocks with mergers in the works"
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OS is kinda high here for a run-up....search elsewhere....
To much selling at 0.0002 people have to stop stacking the sells at 0.0002
Why do you think people sold?
Their filings are not up to date, doesn't look good.....
I think I'm going to wait for this to come back down to 0.0003 let's see if i'm right....
Dilution still going on at 0.0004....ask is not moving keeps getting replenished
Look at the ask versus the bid this thing will soon hit no bid....
"Sleeping" stocks usually run up faster than volume traded stocks...
In a way it's better when dilution takes place at a higher pps, because that means they get more money per share so they don't have to issue as many new one's keeping the OS lower...
Pardon my ignorance but what is mm? and could you please elaborate as to what is going on thanks!
What does VFIN stand for?
Ask staying 1 million at 0.0004 even with buys at 0.0004 is this more dreadful dilution? Sure looks like it is....
Fillings up to date , good sign....
Agree BMSN is not your typical sub penny stock...neither is MJWL.....
Sometimes dilution is toxic sometimes it's beneficial for the company....I guess we'll see...
Sounds like from the 10-Q filling that the CEO has shares of the company, so it would stand to reason that it is to the CEO's benefit that this go up. Anyone, correct me if I'm wrong....
CEO's profile: http://www.linkedin.com/pub/denise-houghtaling/18/494/5a
The fillings seem to indicate dilution of only about 120 million or so where did you get to 1 billion?
There was some recent dilution so the OS is probably another 150 million or a little more than that...
They haven't updated fillings since 2010 RED flag!
Why do they keep dumping their accountants are they for real?! Check the fillings.
Look at the sc 13g fillings looks like loads of dilution...am I wrong?
Dilution happening at 0.0002 watch out!
What's up with the filling today for "new insider"?
0.0001 certainly prevents Magna Group from selling the other 50 million. Low vol. also good, prevents them from selling. Maybe the 100 share sell's are precisely for this reason to prevent Magna Group from selling....just guessing here...
Bid support 418,234,400 !
Someone seems to know something that we don't, why would the 100 share dumps be happening if he didn't think it would go back up....tell me am I wrong for thinking this?
Maybe you know,
Doesn't Magma Group have to file for the insider trading that it looks like their doing? not the sc 13g but insider trading filling?
The big question is why are they doing this?
Do you think it's the Magma Group doing this or somehow related to them?
Bobbafet, what's your take on the fillings from Magna Group?
What I meant was don't they need to file that as insider trading since the shares were not "bought" on the open market
Why is that not considered insider trading?
I called Magna Group not Magic wheels, they said I should call Magic wheels
No way is the Market Capitalization 65.2K this is a joke!
Just called the company and they said it's not a duplicate file but he wasn't allowed to say any more he just said look carefully at the fillings.
Magna Group
5 Hanover Square
New York, NY 10004
Tel: (347) 491-4240
I just confirmed the %'s, looks like maybe they decreased their holdings slightly that's why the later date duplicate file? The filling party is the same though Magna Group.
One says holdings are about 6% and the other says 7% if I recall correctly.
Why did they file only this year though, I didn't see this filling for any other year?
I was wondering that myself, what are those filings about?
Is it just a statement that they (Magna Group LLC) already own those 50 million shares?
Also it looks like it's a duplicate of the Dec. 4 filing, what's up with that any idea?
MJWL What are you waiting for!?
Hold tight! Looks like all the short term buyers are selling off. Wait till they clear then this should run up very nicely!