Level 9 penny trader. 9000 exp required for next level.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I called a walkdown to .05 todaythen a recovery at some degree. Lets see if they take it down that far....
MYEC
Uh, yea sorta. Its kinda apples and oranges with a twist of lemon being the timing. The fact MYEC can easily access the banks is awesome for the masses in the long run, but inking a contract from a Chase or BOA would mean serious consistent transaction volume immediately. Itll Take some organic time for alot of merchants to start using the app, meaning retail customers like you and me wont just be able to use it everywhere right away. For now, any big business contracts will carry the day until the main street explosion. And im sure it wont take long for MYEC users to bugand cue in vendors to what they are missing IMO.
That said,i think it snowballs to quick well have trouble keeping track of all the dominos and metaphors and similes and such ;)
IMO, MYEC has emerged from battle victorious. The last few years were thefamine. Now we feast! Made a million bucks in 2 quarters on a speck of a market share. Just going to add automated payment systems like crazy now and really get goin.
Good luck to us!
Dont let any amount of fear stop you from the absurd gains that are rightfully yours. If you can add to your position I wouldnt hesitate. This is how alot of us will make past bad experiences just that, *experience*. We should know enough as longs to hold em all because it just takes that one out of 4 or 5 favs in ones portfolio to make it all instantly worth it and then some. And then youll be able to load more in other positions, etc.
You seem to me like your one refresher DD orgy from instintively throwing caution to the wind and picking up a few more. Heck, even 10,000 shares could end up being a house in less than a decade. It really will start moving that quick. And i dont think their will ever be another one quite like this ever again, let alone at those insane price levels....Because when people look back a year from now and wonder how the hell people got shares at .0015 and lower a little further out its going to catch some diligent corners of the market up real fast, and anything with a dot of potential will see a rise off the bottom to more serviceable levels. But this particular solution to this particular problem in literally the mother of all markets....unreal.
I personally have a few others in my portfolio that could shock and awe. But they are a ways away from that moment. MYEC can do it really at almost any time IMO.
MYEC
I get all of us thinking of specific places to focus, but the world is Eds oyster. Thistech can be used for ANYTHING. All Ed has to do is spend some money researching what businesses do the most transactions, factored with liklihood of market penetration, and thats likely where his focus will be IMO.
HI5. itd be a depression within a year, and a half if they had a majority in congress to impose their will. I personally think humanity has evolved just barely enough to not let that happen. Then again, Churchill had it right when he said you can always count on the US to do the right thing after theyve tried everything else.
Yea. Its certainly a break in the action. At this point its still basically IHUB money IMO. Were doing strong volume for an IHUB/penny stock, but nothing compared to where were going to be. Its a testament to how complacent alot of the uber rich apparently are. How hasnt their been a billionaire or 9 who hasnt dropped $5 million bucks in at a time yet?? Take a "risk" you bastards... er masters, of the universe.
The worst will be for those who became cyinical they missed the first part of the run so they stay away thinking its peaked, instead of capitulation and accumulation. Hopefully at this point the board has done a good job of limiting that type of thinking and spoonfeeding the glory that will be MYEC.
For Q1 i see possibly, worst case, a minor slowing in revenue percentage growth, like down from 362% to 180-210% or something lol. But maybe not, as it was a mainly transaction revenue driven quarter, and we know we signed deals in Q1, so we should have some up front license fees... Either way, Q2 it moves up a bit and Q3 it goes nuclear.
That counts as months tho doesnt it? Thats more reasonable and doable IMO. Weeks to me 2-3. Thatd be awesome, but not sure its attainable.
.25 within weeks? Alright hand it over youve had your limit of hope crack for the day. ;)
Ill take a grocery chain too. Lotsa invoices and labor checks. Possibilities are literally "limited" to every type of merchant and business out there. A "final solution" we can all get behind.
Hope that isnt in bad taste history buffs ;)
Yes it will. Ill be setting up shop permanently when this busts out of its cage.
Yea that is a short term bummer. I was looking forward to that one too in the short term. It woulda looked good on the last quarterlies, but its just a temporary blip on a big azz radar in the scheme of things.
Nothing really to post about until we move up, unless its just friendly banter, holding the line or "counterintelligence". Id imagine all remaining longs are extremely comfortable. I know I am.
MYEC
Nope.thats a massive valuation. Wed be the first ive heard of.
But someones gotta go first! And our fundamentals paint a picture of that possibility down the road.
Millions can made by having five figures in shares here IMO, not to mention 6 or 7 figure counts. I fully intend to live comfortable of my dividend payments alone.
Looks pretty relaxed to me. It was a strictly informational post IMO.
MYEC
Oh man, its going to be a glorious day indeed.
LOL. I befriended her in the parking lot after a game before she got "famous." i swear I was in if she wasnt married. alas, she was, and thats a gaping hole of an assumption on my part ;) But meh, she is probably too old for my anyhow, but a slammin bod no doubt. And in "real life" shes got a great family from what Ive seen. But The husband probably got those tickets sohe could keep an eye on her lol.
Absofriggenlutely epically huge
Boomshakalaka!!
MYEC
Give them nothing, but take from them, EVERYTHING
All we know is its been delayed. Something on the CMS end I guess.
Holy CRAP my Brewers have 8 wins in a row!
Ill defer to your expertise in the meantime, but almost consider a push given you got round one "wrong". If May 15 comes and passes then lets just go with end of 2014 at the very latest. Then well pleasantly suprised when they drop the first week in June and you can be all like "see i was close" and youll be the resident auditor authority again.
MYEC
Uh oh. You used the words post and delete in the same sentence! DELETE! ;)
MYEC
Wow, a double dose of disagreement! ;) Ill patiently wait for the NASDAQ. Im comfortable in the belief that Ed has even said there wont be a RS. Revenues will be strong enough to where we dont need to do it.
And ill go to the mat saying Ed shouldnt have to retire another single share, and no one should be expecting it. If he does, great, hes even more of a legend. But expecting ANOTHER 500-800 MILLION??
Sorry, but your post has a whiff of impatience to it IMO. Well get their sooner than later. Dont shake the baby! ;) lol
MYEC
Seems about right!
I dont see reacting that way, doing a RS out of fear they can hold the stock down here forever. At the end of the day, as long as the revs keep pouring in, the market wants to make money and we will explode.
Any manipulation can only last for so long. The cat is out of the bag here. When auditeds confirm it to the market and we see what we know are ridiculous increases in quarterly revenues, this will launch on its own merits.
Hes too smart to do anything that can be mildly construed as a seriously negative thing IMO. And the RS is one of the king freakouts, even if its a no dilution completely legit move.
Someones gotta hold down the fort. Ill take ten more just like em captain!
MYEC
Perhaps. But Ed wont overpay for whatever qualifies as a big industry name because he doesnt need to IMO. Someone with proven functionality and a decent amount of industry contacts will fit the bill. This is going to sell itself. But just seeing the added infrastructure starting to flow in is a big deal, yet another sign of things to come.
MYEC
I wonder how many of those shares are going to the new board members. Or if they might have a chance at being earned. Either way, im sure they have a restriction on them for an extended period of time so they cant pull a dump and run lol.
Well the company can just buy shares and keep them as an investment stake in their own company which they profit from, or he can buyback and then retire the shares, decreasing the amount of shares out there thus boosting the price and giving everyone a larger percentage of ownership. The first one improves the companys bottom line and other numbers because it generates extra income by having that extra investment in their portfolio. But the buyback/retire immediately affects PPS more directly while giving both us and ED a bigger cut of whatever profits are made.
Its really a win/win, but id clearly prefer the buyback and retire. It shrinks the float permanently as far as that particular initiative is concerned, and gives the common shareholder the larger percentage stake as I said before.
I think it sounds to good to be true....yet *inevitable*
A foregone conclusion
A consequence of pressure and time
Done deal
All over but the crying
Etc, ad hoc infinitum, or something.
You Nailed it
I really think once we break .25 that .50 is right around the corner, which at that moment in time will guarantee were breaking a buck, and when we break a buck we explode into maximum overdrive.
This first run up has been spectacular on paper, yet its happened on truly minimal volume and has felt like an appetizer...maybe even the first round of drinks while we wait for the alletuzer and second round of drinks...When it becomes official that the world knows, and everyone knows that the world knows, its going to blow our minds. Im talking Tesla, Apple, Amazon style run potential. Just amazing.
MYEC
Well yea most definately. But im just stating in the most generic mathematical sense that say, for example, this so called "make people sell" posts cause 1-2 people a day to sell. Over the last two months that would be 30-60 less investors, investors in theory who may tell other people, etc. So by not having those people spreading the good word it takes us a bit longer to make up the theoretical ground that has been lost. IMO 2people a day is high, and its possible that those same "make people sell" posts net a couple randomly. But assuming the "make people sell" posts have a negative net consequence, hence they wouldnt be called "make people sell" posts, then any effect is likely to be minimal...as in the uptrend may only be slight slowed by days or weeks at most.
Did I properly beat that horse to death?
Uhm, sorry but this board is alot more nuanced then you are making it out to be. It seems you may be projecting your own bias/beliefs without seeing the full picture. While its true their are certainly charatcers that fit your description, there are many other truly thoughtful and measured individuals. And IMO, a certain increased degree of leeway is allowed when involving a life changing opportunity. At stake is nothing less than individual freedom. Cuz freedom aint free!
GLTU
MYEC
Fair points, but i dont think anything said on IHUB will slow down MYECs rise. If people follow the line of thought you are describing then they werent strong hands to begin with IMO. But I suppose any selling by definition sets back the timeit takes to get the critical mass to blast off.
Considering Ed responded that he believes we can see a higher PPS than before with the current SS, I think that is out of the question IMO. It may only take mention of a huge licensee alongnwith auditeds to blast us to the moon. Info travels so fast and so comprehensively now compared to any time in market history, so theres no reason we cant end up worth billions before the revenues ramp up that much. All we need is proof of a trend that has hyper growth and its on like Donkey Kong. Will Q1 be enough? Or will it take till Q2 or Q3 before the pictureis pretty enough for the Whales. Cuz once we get to the Nasdaq, institutions will start piling in.
It really can snowball that fast IMO. Many of us are up 1000-2000 percent. Double that and look where we are! And volume is only moderate at best at this point. Multimillion dollar days are going to launch us.
Heck, if the market lags too much Ed may just start buying back shares. I expect multimilliondollar profits in a quarter starting with Q2. If he starts committing millions to a buyback and retire and announces it thats yet another catalyst creating mega upward pressure.
Yep. Yup. Mhhmmm.
Ouch. Yea thats no good either. We are an enlightened board you god damn sunsabitches! ;)