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.
RIP ACLP
RIP EEGI
Tried to tell ya .0003 was coming, .0001 is next.
Gonna $DROP more tomorrow lol, almost done selling this crap.
Do you mean .0002s? Lol thanks, the game is always fun especially when you take the gains home.
Anyone holding or buying this stock must enjoy losses. The money has been made.
Target Price: .0001
I'm very glad I sold this POS. Thank you, to whoever bought my worthless shares for more than I paid.
I knew this blow soon!! I want to say thanks to whoever bought my share in this scam today. Thanks to you my Christmas is that much closer to being very jolly. Penny stocks are great, enjoy your worthless shares.
Once again, I'm very glad I sold this POS. Thank you, to whoever bought my worthless shares for more than I paid. I tried warning everyone who is at a loss about this scam.
Something is better than nothing for this POS
I'm talking about the way the deal is structured, not the share structure.
As for the share structure, a maxed out O/S is a major red flag. That means they must issue new shares (dilute) in order to raise more money. If the A/S is maxed out then there is no more money to raise from common stock so bagholders will sell stock down to .0001. It never fails, the only value here is in owning the preferred stock.
I hear the same story every time, but it never fails. This is going to teach a valuable lesson about penny stocks to everyone holding.
Anyone expecting to make a profit on this paper (stock) should give a shit, unless of course they just don't care about losing money. That's a different problem.
I told all of you on Monday that this was going to .0003. Now it's only fair to warn you that .0001 is next, it's only necessary.
Not gonna happen, look at the deal structure. They are selling you paper (this stock) to pay for everything, when there are no more buyers the bagholders will slam the ask price to the floor. The money was made on the way up to .001. I haven't been wrong yet, I spend my life doing research and finding out who is getting the true value out of deals like this. In this case, true value will definitely not be given to the common stock shareholders.
Looks like it's going to .0001 :(
Glad I sold this POS
I'll wait to see if other people are willing to buy my 950,000 shares at higher prices first. If the price starts going up I'll just sell them for more. If the price starts going down and stays down then I will post my 950,000k on the ask at .004 and you can have them all.
.004 would be ideal
Welcome to all new buyers of this stock. It would be great if one of you would buy my 950,000 remaining shares in this company for over .003, I really need to sell this crappy stock in order to buy something else with the funds Monday. I don't want the price to drop too low when I sell, so I hope someone here will bid for 950k because I need to get out fast.
I want to Thank whoever bought my shares of this POS stock and allowed me to get over a penny for each share. Now I can put this dead money back to work somewhere else.
Good Luck with that!! I don't foresee any early dips on this stock tomorrow, it will gap up at least 5% at the open and run 100%+ plus from there. If you want the best price on this stock, you'll have to buy it as early as possible.
We closed at a lucrative HOD, the float is extremely thin and that's how it was able to rise faster than the watchers could buy it. Over 200k was on the bid at .027 before the close and no one was selling. These life changing OTC plays are rare, take advantage whole there's still time.
Crashing and burning, .0003 coming. Thought I had an advantage on this trade, bought the other day at .0012, guess not. Chart is broken, save your money and sell while you can still get something for it.
.0008 is right around the corner. Sell while you still can, a low float stock is a double edged sword that will burn your investment if momentum is decelerating.
Save your money, MGON is barely breathing at these levels.
You are right, that's why it is important to understand this business in order to be successful at trading penny stocks. Whenever something like this happens with a limited tier company that trades on the pink sheets you must sell no matter how much money you've gained or lost, because it's only going back to where it started before it ran up. The chart is broken and there is no defined bottom for this stock yet, lower lows are near.
Trips coming soon, I have been trying to warn all of you about this stock way ahead of time. Read my past posts on MGON, wasn't talking for my health.
.004s are coming if this .0055 support fails to hold
There is absolutely no demand for this stock at these prices, can't neglect basic economic theory. So until people start to gain interest in buying this stock (if ever again) the price must continue to fall. Lower lows are inevitable at this point.
Support is beyond broken
That's all great if it's true, but wheres the proof?? The CEOs word doesn't mean sh!t without the proper documentation to back it up, especially if their company is in the limited pink tier.
I'm a trader so I'm not looking to hold crappy stocks for weeks - months hoping that a company will go from $0-millions in revenue based on the words of a random CEO. I will take advantage of momentum on stocks like this when it exists, but I'm not buying into the high hopes without some form of proof. I'm mean c'mon, this is not Google, Apple, or FB where you can rely on every word the CEO speaks... It's a sub penny stock that survives on volume, aside from potential volume there is nothing to get excited about here.
WTF is news going to do, the recent MJ rally is coming to an end. It's time to move forward, even longs should start moving their money elsewhere. If anything you can always buy it back at .006 or less in the next week.
Use your brains people, 130k for sale under a penny and no one is buying (Not even the imaginary MMs who are desperate to cover). I'm sorry, but common sense will tell you this is going nowhere but down anytime soon. Not to mention, the website counter reset itself to another four weeks, there is no real demand for this crap.
Washed my hands with MGON today, there are way too many other good opportunities out there to waste time waiting for this pos company to get their sh!t together. May come back after restrictions are lifted and we get some current information on the company, but for now ?
I agree, because if anyone posting here had any funds available to invest they would be buying MGON if they truly believe it's going up 1000%+. I think we should all just stay quiet and let this stock run, all this dead talking is hurting more than helping. 200 million A/S says it's all.
The Big Bad MMs must be on a lunch break, lmfao. Long MGON!!!
Noticed some dilution on EEGI this morning, I'm sure there are a ton of shares waiting to get dumped. I'm out for now, may come back between .0005-.0007
It's going to trade in the .002-.003 range until demand can support recent dilution. I believe this is a great company with a ton of potential, but as a stock it will to continue to pull back in the short term.
Bullish Accumulation and On Balance Volume trend. Breakout Coming!