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I apologize to this board for starting this line. I presumed the vast majority of shareholders, and private investors favored this open exchange of information.
It never occurred to me this exchange would assume dishonesty.
I understand.
Execution Time Symbol(A-Z) Symbol(Z-A) Transaction Type Quantity Execution Price Total Sort By: Completed Orders
MCLN
BOUGHT 284253s @ $0.0106 Total: $3,035.15
02:44:20
MCLN
BOUGHT 215747s @ $0.0105 Total: $2,283.67
02:21:03
MCLN
BOUGHT 150000s @ $0.0106 Total: $1,604.95
01:21:37
MCLN
BOUGHT 250000s @ $0.0106 Total: $2,670.25
01:17:48
Last roundtrip trade: 7/2/2010Previous 1/1 Next
Did I share to much?
I was trying to report MCLN followers do their research, and that Manatuck may not have the profound impact some suspect.
Curious, are shares being purchased my individuals monitoring this board?
I purchased 750,000 today near the low, adding to my position. Anyone else willing to share?
I think what you saw is the MM (market maker's) buy and sell list. When someone buys shares from a seller, it is considered a "buy", meaning the MM only facilitated the deal.
When someone buys and the MM has no shares to sell, he/she sells the shares "short". Meaning the shares are not available at that moment however, will be by the end of the day.
The MM either buys shares later in the day at a lesser/greater price. or fills the order from a broker at the end of the day. Lesser price, MM makes money, greater, looses money. Just one of the ways a MM has to make money.
If you look at the shares at the end of the day, it will tell you how many shares were sold, and what percent was sold "short". The MM was not necessarily "shorting" the stock, just playing the market to their advantage, and selling shares he/she did not have at the moment.
Hope this answers your question.
You sure are a great salesman !
Thank you.
Your research is much appreciated.
I have read MCLN post for a year. The well organized, founded and compiled information has offered "myself" for one, a opportunity to learn.
You may not be aware of the lives you touch, thank you.
Long MCLN, Carl
Please enlighten us.
Here is the filing,
http://www.sec.gov/Archives/edgar/data/40528/000114420410041654/v192617_rw.htm
Tell us what you think. Forget the subtle innuendo, state it clearly, what do you think it means?
Not talking big, you are the one "tooting", "Mr 7 Mil".
7 mil is a start, sure you will sell your shares the "day befor the turn", a lifetime is a long time to "regret" ones decision.
I certainly understand that Manatuck is selling a portion of their 92,000,000 shares, just wanted to thank them for contributing to my families well being.
I'm a private buyer, I purchased 500,000 shares today.
I just did not want you crediting "Manatuck" with my transaction.
On short volume, I don't believe anyone is actually buying short. What I've learned from the boards is the Finra numbers being short is due to having a main MM. All the other MM's that fill orders is where the short volume comes from. Example...tdameritrade is the main MM, I buy shares using the MM for etrade, and all my shares are considered short until my MM settles with the main MM from tdameritrade.
THIS POST IS FROM IMGG, I HUB, THOUGHT IT WAS ON POINT.
I understand now, thanks, good point.
Slyder,
I am trying to understand your post? Forgive me however, I consider myself to be a large, long term, holder of this stock. Would you please explain the significance you find here. Sure your explanation will help me.
Thanks, Carl
Very well said, this helped me. Thank you.
That's a good question !
I know we must follow the "money" to get the answer.
What ever they're doing, they make more money doing it this way.
It could be as simple as, sell assets to show a better Q return of there own ?
It's sure clear, there are better reason for them to sell now vs. waiting for a higher pps ?
If someone answered this question, it was not posted for all to see.
I totally agree, no reverse split. It does not work, kills value, maybe never to recover. Just to big of a gamble.
That leaves us with a few choices.
*Negotiate with Manutuck to purchase the shares back. Guarantee a price at a future time, and secure that offer with assets today.
*Borrow the money, .001 X 98,000,000 = $980,000.00, Take part of this $15,000,000 recently borrowed, and pay the bill.
I believe this would be best.
You are exactly correct, they will drive this price down through any good news, or even Q returns. This is the real problem, not the lack news.
I have the same. I have a 25,000 buy at .o143 at well as 50,000 at other prices. Seems no one is willing to sell at these prices?
For those needing to understand what this means, here is a very good explanation.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51321526
Thanks, just a low vol. day...
Has stock sales been halted ?
You are right, this company has a very good product, and smart people running it.
I have expectations of success.
We will all know in the end.
I am holding for now, see what develops in the next few weeks.
Thanks for your research, well done.
I have also poured over the 8K and S1 however came to this conclusion. Specific to MCLN or Southridge's right to take a "short" position, or have one taken for them;
The 8K is the agreement, and I would argue, requires each party to abide the conditions. No "short" positions allowed.
The S1 was a general statement and not specific to this agreement.
10% Ownership. I agree with your interpretation of the terms of the agreement. Southridge is limited to, (no greater than 9.99 %) 10% of the outstanding shares. I also suspect this point is obvious to both parties and "how" they will "take title" to stock as the deal unfolds will be legal and less than 10% to one individual or entity. They will get their shares.
My question's.
Why would MCLN dilute share structure when 180,000,000 shares could be purchased on the open market for a small percentage of the structured amount of this loan? The dilution will certainly affect the share price of Management's stock to the same degree as ours. Buy back stock?
Is management not concerned with share price, is their stock holdings not their "end game" any longer? Is their "end game" this loan?
Is Management so sure that this finical move will increase stock value to such a level, as to make this dilution irrelevant?
.
I am here to help.
Do you have an idea, let us know, we need to do something.
Please post your advertisement some place else or, pay for your advertisement, like a real businessman. We are working here.
Good job, thanks, sure I will sleep better.
I will be calling the bank Monday morning, changing my Pin #, lol I have always made a better window than a door.
Thanks guys, Carl
MCLN leadership is very well qualified, and have been through all of this many times.
I think we can all agree, they are intelligent and "savvy" with business.
This being said, the first question I would ask, prior to releasing a poor 10 Q ? When would be the best time, (least amount of impact) for the company to release?
That would be Friday, after close. People have the weekend to calm down, consider their position prior to Monday open. Rather standard.
Now, If the news was good, and the MM were having a "field day" shorting my stock? I would be very secretive about business, and release the week after most companies have already reported.
We would start on a fresh week, Monday, give the market plenty of time to "research," discover just how well MCLN under new management plan, is doing.
Be just great for shareholders, and could just cut the MM off short. Teach them a lesion, not to play with MCLN stock?
.
Seems like a lot of people are eager to hear about earnings before they buy more. However there is one important thing to remember, this company has a couple of patents pending. One of them could get approved any day. The big one is the container arrangement patent. When that baby is announced, this stock will spike very heavy. And it should, because that would mean all competitors will have a hard time producing something similar. They will be forced to work around the patent which will be almost impossible. Theres way more to think about with this company than wondering whether they made some 1st quarter sales or not. They're going to get so many orders this year, they probably will have a hard time keeping the build schedules. Dont get to deep with wondering, this is the time be loading up. This stock is going to make people very rich.
Good Post, on Yahoo, not mine but thought it was a good read.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_M/threadview?m=tm&bn=102190&tid=1125&mid=1125&tof=1&rt=2&frt=2&off=1