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Euc, you've got worm-mail :D
Not necessarily so. I've seen many, many small caps rise into the financials and then tank. On a separate point, a few on here have gone manic depressive and screamed they would sell if the financials were late... If I were doing a buy back and wanted some cheap ones, then it might be an opportunity, just saying.
That didn't sound like an opinion... are you out?
I think you intended that for Philly... and you're right.
Yer right about that. After I went a little deeper on the dd, The flipper urge exited stage left.
I concur... also about the large gonads part. Gonna take some rocks.
Here's to the milly :)
No doubt about it. Its just interesting when it seems like they're trying to draw particular chart at the end. Seems like a determination to draw a picture of a negative stick at the end of each day lately. Uh, perhaps a continuation of picking up weak shares. Nothing scarier to a noob, cynic or your garden variety manic-depressive type trader.
Me likey... I haven't been overscrutinizing the technicals on this one but they're the first two I look at before considering jumping in my usual flip. This one is a bit different. Flipped it once and then just about filled the back of my trousers trying to get back in... hard to say when it'll take off.
Its close to sitting on the bottom bollinger, rsi closing in on significant oversold territory.
It looked like it was manipulated to close red. A buy came in at .0165 and they bumped the ask immediately up to .017 with a minute to go. The sell at .0161 with seconds left made it moot, but... any thoughts?
Sorry we lost you PennyJoe. No criticism here. This is a difficult one. I wouldn't have, but time will tell the right move. I'm here and I think the pros will outweigh the cons. BUT, Brad and Cory and gang have to follow through. No BS gentlemen. We're counting on the "shareholder value" sentiment.
So are you saying that there's no potential benefit here? None? If not, what little benefit do you see for MusclePharm?
C'mon Ham. He made clear he was talking about the possibility of a temporary spike. You read the post. Debating an issue doesn't make you a shorty. You've said you're long and I tend to believe you, but try to debate the actual argument made.
No volume today
That's spot on. I'm sure most of you agree... if anyone is going to lose my money, it'll be me. Penny stocks are definitely a game for personal decisions, occasional bold, scary moves and huge gonads.
I don't post a whole lot, because I am wracking my ass in a lab at work. I'm looking to cavort out of the parking lot permanently and MSLP should have a great deal to do with it. I'd love to pursue some other things... I used to write a boxing column online for a few years but didn't have the time to properly follow up (It was called Scar Tissue for any boxing fans -- it was on doghouseboxing.com) Reminds me, the somewhat waning popularity of the sport is probably why they don't have any boxers signed up. Enough blathering. As a long, I'm waiting patiently while they put the puzzle pieces in place, keep doing what your doing, MSLP, don't throw any bullshit our way and lets kick the markets ass.
Very smart move... particularly to those of us who want no part of a reverse split. Doesn't rule it out of course, but I'm hoping... Oh and I think we shared a stock about 8 years ago if you posted on RB
Probably for the best Euc. It seems he has a weird boner against you for some reason.
What two companies are you on the board of directors for?
Been hoping for this development. I DO NOT LIKE reverse splits. The market tends to disagree with the stock price and it opens up serious speculation about intentions as in further dilution. Nice developments coming down
I'd like to see this close over 2... gain a little more momentum prior to the pr's
Still too many flippers gathering chump change.
Ham, how many shares you holding?
How many shares do you have?
Its tough to trade at work. Hell, I was trading full time for a couple of years and once lost 2500 profit while in the bathroom... set a sell about 20% up on a stock I thought was going to take off after eyeballing it for nearly three hours and as soon as I jumped in the john, it took off, sold me out and doubled up. I was starting to think the mms even knew how my bowels were doing.
My thinking was mirroring yours. Early on I took just under 100% profit... then I was going to try to time it and get in near what I concluded was a bargain. Nothing like being out to really analyze the upside and the potential of being left out though. I decided that, though not completely irrelevent, this whole range is probably a bargain and I got back in with more shares but higher than I wanted. I could be wrong, but I don't see this one as a stock to keep flipping. Just my opinion and since I haven't been posting much I should say to you regulars that your posts have been much appreciated.
Yep, thats what you said
Again,this is one of the very few at these levels that do not simply continuously state what they are "going to do", what they "are in the final test phase to do".... "in talks to do"...blah, blah, blah. The battle here is between dilution and mass positive ACTION as a growing company
I usually flip, but not this one :)
MSLP seemed to weather yesterday's selling quite well... I haven't been in long, but as soon as I saw the revenue performance and talked to some work-out psychos I know, had to get in. Most stocks at this level are always "about to" do something or "preparing for" something, or "have finalized plans" for something else. This company is on the offensive apparently... IMO
Yep. Watching paint dry isn't particularly interesting. And if you watch this too closely, you may not be around when it finally moves with some substance underneath it. Can't afford manic-depression in the small cap market :)