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You spoke of restricted shares like that was some kind of benefit. The only benefit of restricted shares is the float remains lower. It trades a bit tighter. So unless the company takes advantage of a small float by runnning up the pps, it is meaningless.
As to the second part, you were touting mww stock last year by stating it's valuation and calling the company "undervalued." Now it doesn't matter? Uh, if a stock isn't hyped above valuation, it's all that matters.
yes, any shares held have a claim to 1/5th of any revenues/profits generated than they did 10 days. Not diffcult to get. Why even discuss it, as you see pps is near all time lows. Sub .00003 and and susatined downtrends for months. Swi has only hurt mww.
Chuck spoke of earning back shareholder's trust but that was a charade with this disaster. Credibility is among the worst on the OTC. Now that is a feat considering the scum that dwells in this tier of stock. Rainer's presence has severely hurt the PUBLIC market for the stock. He is not trusted and his reputation hurts mww.
So mww will need to garner a 75 million valuation to make any old investor money. And we know that will not happen.
Yes, they are restricted but that does nothing for valuation. Restricted is only significant if the company pushed the stock to high pps with small float. Remains that shares are "worth" one fifth of their already laughable value after the fleecing I mean "deal"
so an insider or friend of an insider who gets free cheap shares on the shareholders dime and will sell at nice profit. He gets a no risk deal with rp and company. Is that about right?
huh? Mgt going to release another gut wrenching filing on sept 12?
How is it not? OS is the basis for valuation and was just incresed 5Xs over. Even if they are restricted their is no path to get above $1. Also to issue them @ .006 is wild. .02 would have been awful but more sensible than near all time lows. That part makes no sense.
Hope you didn't continue to sink cash in quigley. You of all people should contact mgt yourself.
Please explain to the board the horrible filing released today. Why don't you come by the board and post like before and say something for mgt's awful decisions?
Any thoughts on the terrible news with MWW? 26 million issued at .006 is the final nail.
Hi UPB. Interested in your trading endeavor beginning this month. Have emailed and want to make sure it has been received. I Have FOLLOW in the subject line. Thanks.
Indications were this agreement would not be renewed as it was too costly and the company felt they could save money through other avenues. This is all per IR so take it with a grain of salt.
Need you partner at SWI to get some business, run a car wash to raise money, or just simply stop selling and move on if he has no brighter ideas. This has reached a climax where the company needs to do something or move out of their own way.
Looking to scoop again. Coho mgt needs to step to the plate or we'll just have to keep flipping at .001-.0012 from .0006-.0007.
Very impressive plays sir. Thanks for posting this so often.
Oh okay.
upb, would be interested. Can't pm but can email OM or message on OM site.
What do you mean abandoned again?
Not at all. Need to get to at least .001 again. .30 equivalent with new capital structure.
Okay. Forgot the posts are timestamped in est. It turned out pretty bad after that though.
You said it looked good. I was wondering what looked good. I saw a lot of dumping.
What are you watching today?
So mgt should have structured the split differently if thats the case. There is simply no good way to increase the OS if it is currently "too small." Selling a million down here is awful dilution but most will brush off because it doesn't look too bad with the new share structure. Mgt might have figured they could use the excuse that the OS was too small to be functional and further dilute at these ridiculous levels.
Unless those buys were yours and can confirm, it was a small squeeze. Maybe the def I am thinking of is different. Squeeze would be the term derived from "squeezing" buyers on the bid due in part to small available supply of shares and more aggressive buying. Buying from covering tends to be the cause and it would appear that is exactly what happened. Demand was unusual which is also common in a squeeze. Demand is light now and has been for the majority of time since the split. Supply has been okay as much dilution has hit since the split.
Have to disagree that its "too low." The only positive way to increase the OS is at much higher prices. I understand the idea it should be a bit larger in order to trade more efficiently without 50% swings on each trade but it is never too low of a share structure unless its under 2 million. Plenty to trade and small float benefits firms with real value.
The only time I see the issue of such a small supply is when demand is significant. It hasn't been for some time. The float is the one thing I think mgt should make it a point to protect.
It was a squeeze. Not a huge squeeze but that was short covering and a few jumped the others hence the squeeze. Volume was significant. Adjust for X300. It wasn't a huge squeeze but it was for the reason you noted, mainly a small float. Demand isn't too strong so I wouldn't attribute it to that. As happened after the last squeeze in April it has tanked since. Need mgt to support the pps with real developments.
You know what happened when the squeeze occurred in April. Shorted right back down. Need the industrial client news soon. Need IR news. Need substance. It could form a base if mgt manages this right. If real business comes in hopefully all the awful Qs are behind this company. Next Q should be 300k+ if mgt is accurate. After that, should be increasing from there.
About .50 to break even Welder that is without counting my trading position. I have been in and out since the split. 200k from .0065s to .0175 and .07s. 5k profit. Finally MWW makes me some money. First time in a long while. Funny, I seem to make good money trading this rather than holding.
Fair enough. When/If and industrial client ever comes online I hope you are here to see it. I also hope you can say I told you so when/if MWW ever reaches a 10-20 million mkt cap. I just hope they give you the chance by performing.
You as well. Everything you said in the last post is fine but didn't address or refute anything I stated. Both posts have factual information. Everybody understands you are down, you have said it many times. But the stuff in my post is very concerning and you have to see that. I didn't say criminal but I did say misleading. I do believe they will get some real business and 50% of the lost investment may be re-captured simply because my avg is so low.
That is not the issue as you already know. The issue is the misleading remarks by mgt and already knowing delays were coming and estimates were off in Feb and March. Yet they continued to relentlessly dump and went silent instead of revise their awful estimates. They knew they were horribly off a month and a half after the CC.
The issue is RP stating that the debt holders had incentive for the pps to go up which was a lie. RP knowingly lying to shareholder's with that statement is unbelievable. The issue is SWI popping up with RP as partner yet he claims its just a 3rd party service with no knowledge of MWW's ops and strategy. That makes no sense as the party of this "3rd party entity" is an insider. Stop trying to refute all the posters who are horribly jaded by this mgt and come back when the company has real news out.
I guess. Mgt is vague and lack any sort of detail. I guess everyone just rides this in the dark then.
Jimmy, you think SHLD will ramp up tomorrow? Would be a great start to the 2k. Really like the Wynn play.
What is up with MWW? Is it also going to be "oh, we have a bit more hard times; and no promises in life rhetoric?" When is that nonsense going to end?
Quigley, be careful. I am starting to wonder if you are a real poster but if so please be smart.
Away for the day. What happened to MWWCD?
Commission free on Tuesday? Need to have a few trades ready. Interested to see how they handle the volume with a large group.
So .00005s. Need to get and keep the pps up so DTCC will not pull the trigger on this one.
How did you come to that conclusion?
Correct. Thats 4 different posters stating just R/S and start again. This isn't 2005 or even 2010 for that matter. This stock will evaporate and not trade again if that was mentioned as an option. Only to address your first statement. As to "professionals" turning it around, I have no opinion or comment.
Steel is right. You have to be cold blooded and foolish to go all in at 500k+ levels, assuming youre not worth 25 million +.
We get the point. But a 2nd RS as stated various times before will not happen. MWWC would simply not trade if they tried to go that route.
Great play on PCLN. Could have been historic but still very nice play.