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Well you're looking deeper than I am. If correct it could be a long protracted year or so for $CMGO.
Well not to swim against the tide. At some point $CMGO becomes a buy. If there is no substance or value its a shell. If revenue and substance is clear it double or triples. I don't know what people want outside volatility at this level. People who buy triple zero and quadruple zero stocks want stratospheric returns. What if charges get dropped or is not prosecuted. Its still the company of two weeks ago, but cheaper.
Well you only can base your opinions on fact or public speculation. $CMGO has been arching lower gradually for many, many months. You could speculate the news has pushed the stock further down which is true by the share price. So good news should send the price higher. Some long time holders and traders left the stock due to them passing. Can good news send the stock up 100% from here? Who knows.
Well its a family business in a public market. 99% percent of the benefit is to insider shareholders. However this is not Apple. It's a traders asset for volatility trades. Hope nobody tells their wife $CMGO is their pension scheme outside Glenn.
I hold a personal view on Mr. Laken, however I don't want to be the online judge, jury and executioner. That is about me not him. I can disclose three years ago I attempted to buy out Glenn and $CMGO. However we never met on valuation. He likes to sue in court so I am no fool in that regard.
Innocent till proven guilty. I came across a legal article on pump and dump penny stock case sentencing if found guilty. It appears that it is typical to receive a 30 month custodial term of incarceration. However hacking is a further term not served consecutively. Which could be as much as double. Not sure on a second time offence if the sentencing is more or less severe.
It does appear the bigger cases get lower sentences. Must be having good legal counsel. Not assuming guilt of anyone. On your point of shareholders voting it would be hard as so many shareholders could not be contacted. If a large block is non publicly declared as in many pinks. $CMGO clearly is a family business run in a public setting. If liquidated it would probably not cover administrative costs. OTC Markets probably just strike it off completely. So a quadruple zero stock is wishful thinking if it all goes pear shaped. Very sad if it's not thrown out before any trial.
So when it reaches 0.0032 and it becomes a Shellco for a reverse merger. Your share price maybe worth. 0.00032. Now tell me what the assets are on the $CMGO balance sheet? You could get more carving out an Avocado.
I totally agree with you on every point of your message. A family business $CMGO Nepotism is alive and well.
Let's be fair, you could run $CMGO from the Penn on a 4 minute phone call a day. If he reduces his pay to prison rates the company will make $250,000 a year more profit for the shareholders. Those white collar holiday camp prisons for Wall Streeters have tennis courts. Ask Michael Milken.
Whilst removing Glenn as a controlling stakeholder needs a vote of all $CMGO shareholders. Most allegedly who are invisibly owned by insiders. Like this six regular memes/ insiders who comment on the message board every week. The family clearly don't wasn't to shoot their golden goose. However the defence fund needs more than the exploration in profits. Expect a big share dump about 10% a day.
Well Mike I always thought you where a good friend of Glenn's. You have been with this stock for a long long time. I have only followed it for over four years. Who knows the owners of the dark pool in $CMGO stock. I expect a big dump anytime. I will buy up everything when the market cap hits $800,000. It's $2 million yesterday.
I never said that. Glenn has been here before. He maybe forced to sell his stake in $CMGO to pay for his own defence. He cannot be endlessly wealthy if he nickle and dimes as $CMGO CEO. Yes between him and his daughter, the cars, expenses, salary and pension rights they cannot take more than $350K/ $400K a year. Although who knows?
Have you checked the Edgars they might have been Glenn's.
I don't know $CMGO, who pays for the legal battle to keep him free. He may have to sell for the legal costs. That was $300,000+ some time ago now maybe only $200,000 and declining. What was the tagline in Wall Street with Michael Douglas. 'As your broker Mr. Gekko I advise you to sell'.
I 100% agree with you. $CMGO Is a 'De facto' family benefit entity. However all the long serving shareholders bar none are traders. Buy low skim high. A typical pink sheet deal. It has only run because he 'Glenn' was successful in the lawsuits.
I discussed it at length back in 2019. However you stayed around for some reason outside asset valuations. Who can believe in the oil technology and XA. Desulferization is no new gig from a Russian IPR perspective.
On $CMGO lets just get the facts correct on the recent history. Parking this SEC investigation if it is that for one minute. Glenn Laken has shown his skills in turning around a shellco into a revenue machine. The legal settlements he brought against directors made $CMGO. After this revenue the company has launched or promoted fixes to the holes in revenue. Anyone would have thought insiders manipulate the stock. It was raised many times on this message board. $CMGO is a clean pink and calling it a shell would be an insult. Although it could never qualify for the QB status. Glenn and his greater family has made well from it.
If anyone knows their investing history. $CMGO is looking a little more like Rodger Stone than admirable Clement Stone. However lets keep an open mind. If it halves again I may make a serious bid.
$CMGO run in what direction?
Easier ways to make 30% return than $CMGO. The arc is going lower on the stock every quarter. You cannot skim more than new revenue in.
I don't mind anything apart from people driving their car blind folded and claiming everyone else is a bad driver. The management will be lauded if it works. If it doesn't everyone should have known better.
Well I hope your deep research into the fundamentals of the desulfurization technology is right. Which has no technology moat on the IPR, has luck in timing and great distribution venues. The product is a sell to a bigger fish all day long. Still would make great money for shareholders. If not, just a train for the family. I want it to work, just out of belief. $CMGO Praise the hoard. Praise the board.
Slightly more than on my twitter account. Is it a competition ask Jim Cramer.
A belief system is a start of something. Some children collect shells on the beach. Some adults buy parts of shells on the OTC.
Same old belief, hoping some soul thinks its true. $CMGO is great for the controllers and skimmers.
The owners are broke, the stock was being supported through other pinks and a health equity market. Now the tide has gone out we can see what they are wearing.
It's not been bought sold or managed in any way outside the shell it is.
The $CMGO WAY IS APPARENT. Well the bump and fall paid for someones Independence Day barbecue celebrations. It's all about the skim from an outsiders view. Good while it lasts.
Think the stock $CMGO has to produce substance not the big money smell of a Christmas yet to come. Maybe enough to fill up the gastank.
So if anyone believes in NFT's the stock should fall today.
At this level of stock and economic activity buyers can be only speculating on belief. Any asset value falls much lower than the list price. I value at 0.000033 at best.
Doubling is a dice roll.
So what do you think $NOHO 's future looks like based on what has been announced? Anything positive or is this Floridian move just smoke?
What irks you the most on $NOHO?
Trading Phantom stocks has its purpose. Go$ASTA
Life in the old pump yet $RVVTF
As to $CMGO you have to ask who the company serves. Yes stock trade scalpers, inside knowledge players and the managing family. If people have belief that's fine as that's what their investing in. Their own belief. Short, long or by the hour it is not on anything fundamental. That is fine as well. Micro cap, Nano cap ain't $1 dollar stocks heading for $1.50.
If there was a huge movie in $CMGO stock price what could it be. How many shares need to be bought and sold to deliver. 5 million, 6 million and in what is the average volume.
As previously stated $CMGO a great up and down range trade. Who is making all these day trading profits off $CMGO. Believe in the bounce. $0.0065 to $0.0078 a great six weeks volatility.
Technical indicators don't apply to small turnover micro companies which don't undertake full audit. $CMGO is a traders stock only at this point in its life cycle. Be positive just don't sell it beyond the truth.
ALL THE BIG HITTERS coming on the message board quoting hyperbole. $CMGO full of promise or just insiders keeping the stock in a range. End of day push to break 0.0070 which is just window dressing. Look at the history curve. When will shareholders crystallize their hopes and dreams. The further future looks bright again.
I see the $CMGO stock going higher from this recent low. However I see no change in the curve lower over time without true substance. Real delivery does take time and cannot be rushed. Time is a commodity that everyone does not have.
ROARING BACK As to all the activity on the $CMGO message board. I said some days ago we should expect stock price volatility. You have big boards in a negative period so small money managers head for the OTC micro caps. Furthermore the only way people close to the company can make easy money is to trade bi or tri daily. Think $CMGO roars back to 0.00799 . So 10% returns twice a week is a good play of anyone's active cash.