Getting rid of SCAM CEOs one scumbag at a time.
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.
Triple?
GO PRPM!
Don't think PRPM attracts the "average investor">
Well you found the diamond in the rough I started buying at 2 and haven't sold.
Fox and Mulder?
I will take a solid company over fluff PRs any day.
I would agree 7-8 is the majority.
PRPM PRPM PRPM
In my part of the world 1st quarter isn't over.
Doesn't take much to knock us down.
The timing of the selling is pretty suspicious.
PRPM PRPM PRPM
We'll get by "With a Little Help from my Friends" Mr. Arrow.
PRPM is close to go.......
Have to get through these resistance point, 0009 and 001.
PRPM PRPM PRPM
Oh hell I'm not going anywhere.
Text book!
00 is whole new territory let's see where it takes us.
PRPM PRPM PRPM
Once we break through....................
PRPM PRPM PRPM
Anything on the horizon guys? Still holding millions here.
Been out for a while where's the volume gone?
Good luck to all still holding.
Let's kick down the 9s and see where 00 land takes us.
PRPM PRPM PRPM
Big PRPM breakout.
This is our psychological barrier let's knock down the 9s!!!!!!!!!!!!
PRPM PRPM PRPM
PRPM 65m BUYS 5m SELLS
Let's go PRPM I added at 7 and 8.
PRPM PRPM PRPM
I don't short I don't believe in it I like a healthy market but when the lemmings can't see what's going to happen......
Never said today but when what you're expecting doesn't happen going to be a lot of bagholders here.
Mammoth Energy Group Inc pretends to be a mining company focused on alternative energy. Currently, it gives priority to its Chile-based lithium concessions. The company ended the first three quarters of 2010 with zero cash and a net loss to the amount of $65K.
http://www.hotstocked.com/article/4346/mammoth-energy-group-inc-pink-mmte-sets-new.html
The company HAS NO MONEY.
NO PRPM VOLUME!!!!!!
Nope you nailed it but people don't see the truth.
They never say the deal's off it's just delayed until people forget and move on. This is the Pinkies people. People still get caught up in a mass movement where everyone cheers each other on and reality finally kicks in.
Morning Bala.
ITLI way up...........
'If you are having trouble finding information on MMTE assets, that is because they have NONE.' While this might be only a single opinion of a trader in iHub, it has gathered a lot of followers recently, who call Mammoth Energy Grp (PINK:MMTE, MMTE message board) a 'pinky scam company'.
A quick look at the company's profile indicates that there might really be a grain of truth in what these investors think.
On the one hand, MMTE managers have failed to provide any updates for nine weeks now. No contracts have been signed, no mines have been developed and no financing has been secured. In brief, MMTE appears to be staying idle, waiting for the big breakthrough to come by itself. Contrary to that, the trade with MMTE stock is more intensive than ever as what we've got here is:
a 900% cumulative increase in the price of MMTE stock
an average daily trading volume of 100 million MMTE shares.
Both indicators cover the period from Jan. 3 to Feb. 14, 2011.
Most obviously, a massive promotional campaign lies at the root of the gigantic surge - 6 promotions worth a total of $37 thousand, launched in the first two weeks of February. As it seems, the facts speak for themselves. Not to mention the lack of cash and any other assets whatsoever, or the nine-month net loss of $65K.
Seen from a different perspective, however, the current pumping of MMTE stock might actually raise enough capital, which in turn might allow the company to research new strategic locations. Provided they turn out to be rich in mining energy reserves, the company's future will definitely change for the better.
MMTE_logo.png
Yet, the present picture is clear. The promotional activities will continue as long as MMTE stock has the potential to grow. Afterwards, the free-fall will deal a blow to the hopes of those investors who fail to get rid of their MMTE shares on time.
Yeah to avoid SEC issues if it falls through.
TXHE way up...........
Where's the PRPM volume on this PRPM morning? PRPM?
While promotions tend to have a temporary impact on penny stocks, sometimes there are exceptions and Mammoth Energy Group Inc (PINK:MMTE, MMTE message board) is a positive evidence thereof. Its stock has been heavily advertised by a particular promoter since Jan. 6. As a result, MMTE stock market performance has registered:
a cumulative price surge in excess of 1166% - from $0.0003 on Jan. 6 to $0.0038 on Mar. 29;
a daily average trading volume of 106 million - for the same period.
The price at which MMTE stock closed yesterday's session is a 52-week high for the company. So is the volume. By the time the session ended, nearly 290 million MMTE shares have changed hands.
As it seems, investors are beginning to treat MMTE more favourably. Not long ago, an iHub poster questioned the company's assets. Today, another one described it as "rock solid with a very bright future'. The latter, however, might not be so close to reality. Last month, the company announced it intended to acquire a Chilean mining property by the end of the first quarter of 2011. As of today, negotiations have yet to be finalized.
Mammoth Energy Group Inc pretends to be a mining company focused on alternative energy. Currently, it gives priority to its Chile-based lithium concessions. The company ended the first three quarters of 2010 with zero cash and a net loss to the amount of $65K.
4MMTE_logo.pngThe negative financial figures determine MMTE's dire need of additional capital so that it can continue operating as a going concern. The continual advertising campaign shows no signs of slowing down as additional $12 thousand have already been put on the table for another one-week coverage. Obviously, interested parties seem prone to push MMTE stock to the limits and beyond. So far, its potential has not reached the point of exhaustion.
Buy on rumor and sell on news. Typical pinkie PR and after all the anticipation confidence is gone.