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.
Honestly I don't see this stock going much lower. It's almost at its 52 week low, and afterhour trading of 150,000 shares left it at I believe .061...It's very possible it will open at .07. I have been holding for quite a while now; I bought in on the downslope at .17 the week after it hit and passed a dollar...I could have regained my losses last week when it broke .20 but I still have confidence in this company, it just seems to be a very slow waiting process...That's my opinion though, I'm not really a day-trader so I'm willing to wait a reasonable time if I think there's potential for success...Wow I sound like a PR rep. now :)...If it hits a penny, we can scream together.
Yeah that's what I think happened with the PR's and the selling...And no you're not the only idiot holding ;).
I think they found some financing...Someone is dumping large amount of shares at days end, two days in a row now...Makes me a bit suspicious.
Run Bulls Run!!! Great start to the day, though silver is getting hammered thus far today :(.
Haha, Gotcha...Yeah I agree, silver is off to a slow start today, so is TNRI volume as well.
15 bucks or cents? We would need silver, gold and diamonds to break 15 bucks! :)
4 down days, I feel a bounce back in the stock today, anyone with me on this one?
Could be a nice day, the world silver market is up to 14.90 currently and climbing.
Nice level out...Hopefully the sellers are done and the stock can move up again...It's nice to see the bulls out in the general market as well, especially after last weeks tumble.
It may keep dropping, but I think that today was just the pull back off of two days of incredible gains...The profit's been taken, now time to jump again! IMO.
Though they're not mining silver yet, it never hurts to have silver approaching $16 an ounce! ;)
Sitting with this stock for many months now, nice to see it waking up again :). Skies the limit!
hmm, definitely not liking today's chart!!! High volue, heavy selling? Based on what? Did some bad news leak?
I'm anxious for some updated news, it's been quite a while now since we have heard anything!
I'm not entirely certain, but I think the drop in silver had an impact.
You have good advice. I too hope that I bought in for more at the bottom. I understand that dilution and selling shares is necessary for any company, I just wish they would let people know what they're doing...(How many they have sold and how many they plan to sell in the near future etc etc).
I definately think that the recent plumet in prices have to do with market dilution. I sent the company an email asking them what the shares outstanding for the company was and there reply was this:
"Hello [my full name] and thanks for your email...we do not provide that information however, as we are a new company, it should not be long before information is available on one of the various "pinksheet" related web sites."
This to me verifies that they are diluting the stock for whatever reason...Most likely to fund their new operations. I just wish they would not keep that information from the shareholders.
Anyway, While taking a beating from the falling prices, I trippled up my position at the days low so perhaps it has hit it's bottom and is on its way back up!
Good luck to all. Now may be a good time to load up, although I may wait another day to see if it continues the falling trend first...But that's just my opinion...I bought today :)
Hopefully we'll get a positive news update this upcoming week. Good initial results will definately send this stock much higher...IMO.
Ya I found that intersting...I own TNRI and like MGLG, it has gone downwards quite fast, although not to the extent of MGLG, but it is an odd coincidence. Perhapps we will get lucky and both our stocks will bounce back!
What do you think the bottom resistance is? .25? .35? Where we are now? Any thoughts?
Hopefully yesterday reached bottom price, let's hope for nice rebound today!
Hold your breath folks! As we all watch another day of tumbling prices...Like most who are probably on here, I too bought in on the high side of this last rally...While I'm tempted to sell and cut my losses, I believe that this stock will bounce back. All we need is some good news from the company about their operations and recent acquisitions and we will be back over a dollar in no time...Just look how fast it rose in the last batch of news!
Hopefully, while the longs like myself wait, newcomers will buy in at the lower priced option!
Could reach $2 today or a month from now, or could fall short again...It's hard to tell this early on. I do think that we will see some rebound in price today however, hopefully a nice one!
About the only good thing about today's trading...Silver prices went up closing near $13 an ounce. Hopefully we will see buying pressure tomorrow, stats look good.
I definately agree with you...I think volume today will be much higher than yesterday, most definately.
~Kid~
Let the Buying Begin!!! 7hrs and counting. I agree, $2-3 easily with the recent news.
Just bought in today...Tomorrow looks to be a good day...Does anyone know how many shares this company has outstanding?