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Glenn Evan??? New person I should know about?
FMV of just over $0.05 based on last year's earnings and a P/E of 30, which is the standard for the advertising industry. Covid affected their earnings for the first 6 months but I anticipate this year's Q3 & Q4 to be better than last year's if for no other reason than their on-going quarterly payments from the lawsuit.
Yeah, that's why Grand Rapids, MI is listed as Forbes #6 fastest growing economy; in Inc's Top 10; and has Realtor.com's HOTTEST Zip Code in the country.
Nope, nothing going on up here in the Midwest.
CGMO is running. News Monday about 11:30.
Check out the financials. No Debt; CEO bought 12M shares June/July; and guaranteed cash inflow for the next two years due to winning a lawsuit. They had $0 sales in Q1 due to Covid but still only posted an $18,000 total loss because of their non-sales cash inflow. News on Monday is either a Joint Venture or contract with major brand name per tweets earlier this month.
We're all holding our breath. Lots of chatter through the week.
Do you think so with ACSM shorting it. Do you think they will take over after next week.
Can we get a full penny daily increase?
CSTI flashed it's 100@100.00 ask 4 times in the last minute. Another indication that they are out of shares.
Holy Smokes! OTCX bid is at 0.0224. SOMEONE is out of shares.
Merger/JV news ...
50M is 1/8 of the total float ...
Record for this year. Look at a 5-year chart ...
Wow, even OTCX us setting a floor at 0.02!
That's what we thought a month ago. ;)
I would LOVE a GT. Been in love with those since the '70s. GO $CMGO
NITE's showing a 500k bid just a bit too low. At some point, they are going to up their bid and swallow the current ask whole.
Over 1000 trades THIS MORNING. Did we have 1000 trades for all of June?
Yes, like I said, enough to create a whole ton of freebies. I can name (but won't) a few here that bought 4s and hold about 10M+. Say they sold 2M of those to get their money back with some extra. The extra 8M are pure profit and no reason to sell with news coming.
One will notice that the buys and sells are almost the same amount. That means the MM are cycling the shares to make a market. I think the number of Longs selling is very few. Maybe enough to do some profit-taking to create freebies but the majority of shares are being held tight. If you have Level 2, pay attention to CSTI, it keeps running out of shares to sell.
Sean, don't know how long you have followed this board but we have long-timers with 10M+ shares. It appears they are not selling. Yet? Waiting for Lambo or house money.
I've got 0.025 by 1pm. What's your prediction?
CSTI keeps flashing its 100@100.00 trade which means it doesn't have any shares to sell. The order only stays for a second or two but it's very indicative of what's NOT there.
You are right. I've got my profit taking order set. Everything after that will be freebies.
Office Poll. Where will we be after lunch?
Kudos to Poincianamike for his correct prediction. He was even a bit early.
New experience in PennyLand
Over the last several months, I got used to half milly trades and 100k trades being common place. A 10k trade was penny ante. Looking at the trades today and seeing the 25k trades and few 100k took me aback. Why were people trading so few shares on this wonderful stock. Had to remember we're in Penny Land so move the decimal place over one.
^5 Dude! Rock on!
PSP32, is it worth the months of frustrating dulldrums? ;)
OTCX is at a NICKLE
b]Outside people are definitely following Glenn's tweets now. Blinked again and we broke 21 from 18s! Serious gapping today.
I blinked and we broke 19 from mid-17s.
StockScout1 & PSP32, do you think we will get a retracement before Glenn's announcement next week? The RSI is VERY high. Can it last a couple more days?
SS1, What percentage of the 100M shares traded in the last couple days do you think will hold until 5?
He NAPPED all day. Now, he can't go to sleep. ;)
This is what I was trying to do a couple weeks ago. Scare off the shorties and manipulators so that the longs could hold until the big outside money started coming in.
Mr. Dale, Do you mind me asking what your average PPS was back then?
Let the Squirrel nap. It goes up 40% when he does. Squirrel, we'll wake you at 3.
Check his Twitter, CMGONews
Always want to leave a wick to show the direction for tomorrow.