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Capitalism is to put money where it can make money. It has nothing to do with the value.
I bet my coins on this ticker and follow the big money.
You might be right. But right now the market is in favor of bulls. So peace.
Then I probably should build up my portfolio based on the mid term election results.
MOMO is on......
61 million shares exchanged today with early morning bear trap. New investors are buying in BABA's holiday season's upbeat revenue and net earnings.
BABA, $113.
Smart money are loading up. Shorts are covering. Do NOT under estimate this Chinese e-commerce giant's future and potential.
China will be #1 largest economy body soon.
If the volume dies, they will do R/S.
Is daily trading $350 million lying too?
Hehehe....
Agreed. I already used margin on this ticker. ^_^
Today it will close above $105.
The way I read their financials is: even though the net profit decreased to 18%. But it was due to the compensation cost, which is not the operational cost.
I look forward to seeing pps hit $200. It's possible.
Sounds like a good strategy for Cerner.
Wait till Nov 11, the pps will hit $110 and above.
The numbers of transactions on Nov 11th 2013 from Taobao, one of BABA's e-commerce platform were 100 millions. I expect more transaction volume in 2014 on Nov 11.
Once Baba stays above 102.80, it will soar.
He does not understand China market. BABA will hit 110 in a short term.
The price drop in the pre market looks a bear trap to me.
231 million users account for only 20% of the population. The average $5k annual salary you quoted is per head count. Remember the 20/80 rule.
Resistance was at 0.06.
From the company perspective, APT does not even have positive operation cash flow to sustain their business, nor fulfill customers orders, how can they get extra cash to buy back shares?! Issuing more shares to raise cash to buy them back?
APT is a junk company. Period.
Exactly. This is their plan.
Dump all MTVX shares if you still can.
MTVX WILL BE FINE AS LONG AS THEY CONTINUE TO DILUTE.
You will get them and the company will do the RS and continue to dilute to the price less than triple 1.
Let's say each dealer would order 10 pcs from APT, the total # would be 4,000 pcs. Assume the Cost of Goods Sold is $100. Does APT have $400,000 cash on hand to fulfill the demand? What a joke. This company even does not have an integrity.
I totally agree with you. They will do RS to lift the price and dump them all again.
They can and will reverse split the shares and then continue to dilute. The legacy stock holders are not subject to the stock reverse split if I recall it correctly. So even the triple 1 is not the bottom yet.
Exactly! Even APT is getting large orders, they are constrained by the cash flow. They do not even have enough cash to fulfill the orders. What will they do? Keep issuing convertible notes. Actually that's what they have been doing since April.
The price will hit 0.0001 tomorrow.
The fact is the pps has gone done 99% since April. The rest is speculation.
Up from here to where?
Agreed. If people want to buy, why do they show their interest to public? The bid support is a trap.
You guys have been saying the same thing since March. And then what happened to the stock price? This company is just a joke.
Can penny stock be traded below 0.0001?
This stock is just a POS.
We will see 0.0006 EOW.
Impressive post!
Dianne, I look forward to having you with us all the time.
There is always hope.
Continue up trend MTVX.
Scratch out that Ironridge idea. It was a bunch of shorties brought down the price.
OMG, shorties are in panic mode. That thought keeps me up tonight.
Real products are being sold in big retail stores across the country.
Good company!
APT's facility is not a retail store. Why do they need a gigantic sign? Microsoft does not have a big sign in their business park either. Have you been both places?
Business does not issue news everyday. That's not how business develops. It takes time to have a fond business model.
Actually "real revenues, real products, real patents and real technology" will lead to real profit. Right now APT is building up customer basis the ought out the country and in international markets as well. We are investing in a start up company. Once they establish their business, the potentials are huge.
Price decline is temporary. This company has real products with a lot of potentials.