loving my kids
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I have to give it to MRNJ - they are being very transparent with their revenue numbers and board members are following app release very closely. I sure wish I had a crystal ball on this one to look ahead just 3 months...
I guess this is why they call it speculation.
I disagree, I think it is important if you are going to publicize something on behalf of your company that it be scrutinized and triple checked to be as professional as possible. The fact that a company, however small, makes these kinds of errors makes some people wonder. If you were writing something on behalf of your company - you would be more careful as well.
I have spent a little money recently and purchased a few of the "apps" this company is producing. "Budget" is certainly the word that comes to mind. They are correctly stating in their release...their apps are not very sophisticated.
I am an enthusiastic long that has become watchful. GLTA.
MRNJ - up 1000% in 10 days.
MRNJ - 1000% in 10 days.
Wow!
Dont go to bed yet - we need to talk this stock up. We only have 190 followers - and we have not even showed up on the ihub top 10!
Great day - just look back from where we have been in the past two weeks.
"optomistic" is right...
Volume up 350% of average. I think this hold .02 EOD. JMO.
Volume is up nearly 280% - extrapolated out based on the opening 45 minutes. This is a good sign.
I am no L2 expert - but it appears that the 2's are about to fall...
no idea...but that is only $550.
The only reason i keep it is because it would cost me more to sell!
ok...
I think it will move down to fill the gap. In reality - it has been a large move in 10 days. However, enthusiasm has not peaked yet.
Been accumulating all week...and involved with this stock-ride for a long time. I am pretty old school and do not really appreciate an "app" - but work with people every day that are talking about new "apps" they discover. Can anyone comment on the quality of the MRNJ product for ones you have purchased?
Initial position established.
showing continued strength...
We have had a very nice step pattern over the last 8 weeks. Nice for short term trading.
don't understand either. maybe it is just the knee-jerk that if commons and preferreds are both being treated the "same"...why not move to the commons. certainly more liquidity there.
The shake over?
agreed...you know there are insiders in this deal.
everyone is watching - 10 minutes to go.
i-tunes search:
544 apps including movies, tv shows, audio books, and software applications
U2, Elvis, Three Stooges, Michael Jackson...even the Bible.
They do not seem to be picky about type of content.
Prices from Free & $.99 to $2.99...
I just do not see how blame against auditors and CFO's is going to materially effect recoverable assets...especially when we are talking billions.
Just my take - I own a sizable position so I wish this to rocket as much as anyone.
lehmanlotto says we are toast in the morning because the report appears neutral...anybody agree/disagree?
What is so frustrating is that we see PR's which indicate investment in marketable product and technology - just no reference to sales or earnings! I do not have a clue why this company seems unwilling to share even conservative projections with its investors. It is simply rediculous.
My only thought is that they are burning cash like crazy and sales are poor. I cannot justify averaging down - makes no sense why I have not sold and walked away already.
...just pure ignorance I suppose.
Is there any indication when MRNJ might post financials...it would be nice to see revenue numbers! Management - are you listening?
Can we lose on March 15?
1. They continue to sell assets and negotiate debts as they have done over the past year and we go up...
2. They truly do shock the world with a re-organization plan, lehman lives, and we go up...
I am asking.
Common's and preferred's seem to have parted ways this morning.
So what percentage of the buying today was professional vs general public? I would think that most of the general public who was interested in playing lehman has already been in for several months (losing sleep) + the general public does not study the pages of court docs like Coach T.
So this initial action is from institutions who caught wiff of the JPM news first?
Been waiting for this day for a while...don't worry holding my shares tight for MUCH higher pps.
357.142857 X your money
The action the last couple days is better in the sense that the pps is not bouncing above and below the previos day pps...seems to be in a steady SLOW climb....of course volume has been nil.
Maybe this just shows that current shareholders are just flat unwilling to sell - and that they are going to hold to see long term potential. win or lose.
Bloomberg reports that an examiner tasked with undertaking a report on the bankruptcy of Lehman is to go to court to ask a Judge to unseal its contents, after many of the people interviewed for the probe refused to agree to lift their demands of confidentiality.
66-year-old Anton Valukas spent a year and $34m interviewing 100 people and reviewing 10m documents to prepare a 2,200 page report investigating whether rival banks were partially responsible for Lehman's failure, and ultimately benefited by its bankruptcy. Valukas said in a court filing that he strongly believed that the report should be made public.
At least I sleep better knowing that Mr. Valukas has 34M at risk - and I only have a few thousand...HA!
Thanks Brikk and Coach for keeping us updated. I appreciate it when you update us with the (albeit, estimated) asset/liability calcs.
It appears to me that in this case the PPS is worth something near $25....or something near zero (I suppose, where it is currently).
Can you see a point to where it is something in the middle, say like...$5? Does a few billion (+/-) make the difference between pay dirt...and just dirt?
I agree. Wonder how this could be helped along by the media...CNBC, Fast Money, etc...
Anybody have a clue how we could get the topic raised on one of those shows? Even 20 seconds of discussion would raise eyebrows again.
....screwy freakin stock....all on no-news or financial release whatsoever.
....i am waiting to see a 9 print...please, please, please.
you may be a barnacle... I am just a fleck of moss on the barnacle of lehman...
Agreed. This is way bigger than us.