Everything I say is my own opinion. Don't listen to me.
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.
Always nice to average down on a stock that you know is going back up ;p
To be blunt, I think the selling is mostly due to the fact that everyone may not be cut out for THIS TYPE of play. We are all risk takers, investing in penny stocks says at least that much, but I think some people scare easier than others and their first reaction is to sell. But, as long as the pacient people keep buying we will see the glory days.
Didnt this happen about a month or so ago when EIGH hit its 52 weeks high of like .087 or something like that? There was great volume, lots of buying, then all of the sudden someone dropped like 1mill shares at .081? Seems very familiar
I think we are waiting to see how EIGH decides to come out of the gate this week.
gotta love it, close in the red and we are still green.
lol i asked the same question
I dont have L2 but from what limited info I can see, im pretty sure I saw volume going up and the ask/bid didnt change. How does that happen? (serious question)
Lol, like I said yesterday its the Monk squad vs. the MM's and it reminds me of the movie 300! (we being the 300)
If we close at .13 today I have no doubt we see .14 within 20 min of market opening on Monday.
I am tempted to agree. I see this fairly low volume and the first thing that came to my mind was that the Monk crew must want a green close and a repeat of yesterday afternoon.
I wonder why they clearly photoshoped two of those pictures...
Lol, in no way did I meant to imply that I was getting impatient. I started buying this baby at .047 and have not stopped since, we can close red and im STILL in the green ;p
I am getting the feeling that people are so excited about EIGH they are forgetting that the very nature of a stock means it HAS to close in the red SOMEtimes ;p
Do you think today's close is sustainable? The way it has been bouncing around lately between .10 and .11 has me thinking MM's are pretty dead set on keeping it there for the time being. BUT, the people who saved some ammunition for the last 5 min of power hour showed that we can pretty much close in the green if we focus our efforts in the last few minutes of trading. As far as inter-day, at least for the past couple days, MM's have had a lot of control.
Nice find, I will try to look into this.
I like your style.
Does it make me a nerd if that last 5 minutes reminded me of the movie 300? A few strong willed people who are greatly outnumbered standing their ground and taking victory ;p
OMG! then can we put sharpshooters on the roof?! Please say we can
Is the .115 Ask Scottrade is showing me correct? This is just frustrating ;p
Yup,I remember reading that. I was simply saying that the clothing brand alone would be worth a few hundred mill if it got even close to the level of popularity of Under Armor =D
Now just imagine if the EIGH brand catches on like Under Armor did? Lol, even if it is HALF as successful we are still talking about a brand worth a few hundred million.
Oh and btw, if memory serves me, Under Armor was created by a guy in Maryland (where I live) in his basement and he funded the whole project with his and his mothers credit cards. I am fairly sure EIGH has a little bit of a head start in that respect ;p
As long as it doesnt come before next week when I get paid I could not agree more ;p
I dont even think EIGH NEEDS a celeb endorsment. The company has a great business model and is expanding in a number of industries, such as commercial real estate and athletic wear. IMHO this is a company that thinks actions speak louder than words, they dont throw out empty promises, or hint at upcoming events that never actually happen, we only see results. How many other penny stocks can you say that about?
People are forgetting that as little as 3 weeks ago I think it was, maybe 4 weeks, EIGH was at .047, thats when I jumped on board and now its hovering around .11
Even when MM's try to force a close in the red, we are STILL up. Next week is when EIGH will be sponsoring the National Stadium event, could draw some investors. Three weeks from now we may be looking at .13 as a joke and a thing of the past. IMO
This is the time to start/continue buying imo. We know that news on acqisitions are coming, all we have to do is wait. Personally, I dont even closely monitor MDGC, I just let my shares sit and have alerts set to tell me when the pps is $1.00
This is just a waiting game, nothing to stress over. MDGC needs investors, like the people on this board who are buying and holding, not traders who react on PR's and dump their shares during power hour.
Perhaps you should hold off on that 1 ;p
There seems to be strong support in this range for the time being and that's WITHOUT news directly relating to MediaG3. The wireless industry is in a transformational stage and once firms (CISCO,Google, Clearwire etc..) finish their industry analysis I feel that MDGC will stand out as having a competitive advantage and be a prime acquisition target.
Just IMHO
I am certain MM's are aware of what we are trying to do with this stock. Lol, just google EIGH and like the first 3 links are to IHub and the first thing you see if you click the link is talk of a float lockdown. I am not saying its a bad thing that they know, I am just saying I am fairly sure they are well aware of our plan.
These are the usual games MM's like to play to drive the price down so they can cover. As this stock gets attention from more INVESTORS, not traders, the float will start to be absorbed and held which means less shares to go around for flippers like NITE and AUTO and the share price will rise very dramatically, but, it does take time.
With such strong support in this range I think if we can get another big volume day we will hit a new 52 week high. IMO
I would imagine its along the same lines as people not wanting to discuss how much they make a year at work.
I am a little worried about how much fun I am having starring at this spread sheet...
There are definitely a few people who hold 1mill+
Loving the spreadsheet
Thats pretty strange because a few people, including me, got filled BELOW the bid within the first 5 min or market open. Maybe it depends on who you have your trading account with, who knows =/
Mine was only 1600, was just shocked to see them fill it below the bid when my order was at the ask.
When is C**V expected to mature? Trying to guage when some of those heavy hitters will make their way over here. I want to reach my position goal before they make this thing skyrocket =0
hmm, order for .115 ask and filled at .1051
Simply stating something is incorrect has absolutely zero use in terms of answering the original question.
To be honest I don't know the whole process, what I do know is that instead of covering, meaning actually buying the shares and filling someone's order with ACTUAL shares instead of just an IOU so to speak, they can pass that IOU along to another MM.
So, if the timer before a MM has to cover is 3 days, for example, the 3rd day they can just pass it on to another MM, who then has ANOTHER 3 days before they have to cover. This process can repeat itself for quite sometime. At least that is my understanding, if I am wrong anyone can feel free to correct me.