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Volume has dried up completely. Thanks for the .001s here. Hope we see a nice jump in the coming week.
I don't know. I am expecting the worst. Already a loss for me as I could have doubled my capital in something else over the same time frame. Lost a lot of time value here. Im sure you can say the same. I won't be able to believe they can do it until they do. So instead of trading on forward looking performance (making the bold assumption they show good progress), we will still trade in a lagging manner until they continue to prove it over time. I believe lags will cause even more need for poor funding arrangements.
I am even less inclined to believe anything about "conservative" funding arrangements. If they think they can do it, I would challenge mgt to put up some of their own capital to get over the hump. Public mkts need to help fund expansion and true growth, not consistent losses.
Already made one good trade with MWWCD. 18,000 from .01s to .03s over a few days. Will try to churn again next week. That is the way I have to play it for the time being. My LT shares are so far down Ill just wait and see or have a sizable write off against other gains. Good Luck.
Certainly have never been long in this. Had a nice position in puts a few months ago that paid well. Recently had smaller trading put positions.
Holding about 750k at .00105 average. Where do you all see it headed in the next few days up to a week? I think some good news can squeeze .0018 out of it.
Yep, many were hurt here. It has "potential" untapped revenues from all those users but no profits. I would guess it will settle in low 20s until something new is known.
I read that. One, will they follow through and is it legit. Two, Is it simply a case of too little and much too late.
Glad I had a few hold over puts. I should thank Zucker for the cash.
Need something more from the company to survive. SH's cannot support this anymore. Need mgt capital and revenues to keep the coming going.
Yep, the only thing that would energize investors would be the mgt putting up their personal capital to buy out the debt holders here. Now that would be something and a show of good faith. The investors can't fund this thing for much longer.
It created an even poorer sentiment here when the compensation fact came out. So overall, probably a loss in value from that. And now, in the PR Chuck talks about IR firms. Should have been done half a year ago. Rainer should not be using a start up IR for this firm.
Not a basher just stating a real possibility. Nothing wrong with that. What really gets me a bit upset is the CC where Rainer stated the debtholders had the same incentives as investors and wanted the best interests of the company. Chuck just admitted in writing that this was not the case at all.
It was 4 million 2012 and 8 million 2013 and then Chuck or possibly Rainer alluded to "exponential growth" after that. As you can see by the PR, they were off horribly but 2012 was never 8 million.
And I believe, confirmed with the company, that these are fiscal years. So the 3.6 million projection should begin October 1st. Now do I believe that will come to fruition. Probably not.
It is being released in the morning. So yeah, technically Chuck was wrong to say "within 2 weeks," but considering the track record; releasing tomorrow morning would be like doing it early. Not expecting much.
Well, for what its worth, the PR release will be in the morning. I don't expect it to be promising. So not really "within 2 weeks" but considering the tradition of awful lapses by mgt, its close enough.
Where is the promised news from Chuck? Will it be released tonight? Per Chuck on 7/11, the update will be available within 2 weeks. Surely they couldn't miss yet another self imposed deadline. They have already scraped the promised semi annual conference calls. I guess this will serve as a replacement for the time being.
Correct. The best case scenario for these folks is a 50% gain from current levels, and that is highly unlikely. Why not cash in $4 million now instead of waiting for 6 million later? These kids are smart, they will cash in. Many took much reduced salary for stock as well. They will get their money out.
Won't be any back to back RS. This one is on watch with the DTCC. Stock will be locked if that is attempted and probably wouldn't trade again.
Poor, illogical post. Seems to be quite the opposite.
Played the stock two times before. Surely that doesn't "sound" like anything. A move from .001 to .002 something. Oh just crazy. Heres an idea. Relax and go with the tide of the stock.
Can't seem to get anymore .001s. Had 500k in for .001 and thought I would get something. I may try for 400k .0011s and 500k .001s tomorrow.
Man, Should have bought Vxx C a little farther out. Small position expired worthless for me last Friday.
Would be like 38 million traded a few weeks ago. Not too much but still a decent amount of shares. Now of course, $ volume, is really low.
Only speculation, but Ive been told in writing its closer to 3 million although I take it with a grain of salt. We will know for sure when the filing comes out. Should be interesting to see what Chuck has to say for himself and the company tomorrow. Hopefully they can at least meet the timeline they set in the last PR.
I-box has the same issue you are referring to.
Quigley, were you the entire trade at .10?
Welder, when you get the opportunity please remove the duplicate information in the ibox. Same information is listed on the top and the bottom of the box. Was probably just a typo.
Mods, please remove the repeat of information in the IBox. The same statement is repeated 2 times. Please correct.
In all sincerity, the Ibox should be revised. Remove the colored and bolded type. All the information can be layed out without proportion reductions being mentioned and bolded headlines. The same info is also stated on the bottom. Now, I certainly don't want others to come in if the mgt is not serious and capable of showing results. But, the Ibox should still be revised.
Bought up a million today. Will bid .001 for the next few days. Looking for a 100 - 200%. Will adjust if needed. Third go around with this one and wouldn't have sold had there not been significant resistance at key levels.
Surprised to see no Mww talk here considering the heavy focus earlier in the year.
Correct. This is for anyone, including mgt, suggesting another R/S after the initial split. In the past; yes happened all the time. Now, they will freeze/chill/lock this thing so quick if MWW even mentions another split.
It means your shares would be locked for eternity basically. Rendering the firm and equity compeletly illiquid.
Stephen, that would be approx .57.
Did you sell? Right now its a 20+% profit from those levels. Just have to stay calm.
Huh? I bought @.001 today and .0013 yesterday and feel fine. Just trade it well. No need for the wild accusations.
.0035 will mean you need approx $1.05 to break even.
News will be coming in a week or so. Now the good part, I have no idea. Expect nothing one way or another I would say.
Only picked up a few hundred k so far at .0014. Looking to maybe get a million and go from there. Been in and out 2 trips but looking for a little bigger gains this time.
Looking to reload here.