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Question: what was it before? Did it had a skull or stop sign?
Let us just wait and see tomorrow. Maybe you are right, Maybe you are wrong. Market will determine whether this so called 'pos' goes up or down!
Btw, I can imagine that a lot of people here are bagholders because of old management. I feel sorry for them. Let us just jointly hope that the new management take SUTI to pennyland!
So new os will be approx 200 million?
Lol!!!
Good for you!
Suti (reduction of shares), hdsi (golden cross coming) and Grdo (news pending) are on my radar for next week!
Which one then?
First test whether new round, new changes applies, starts tomorrow. In case we end up green then the market believes the new CEO imo
This is the reason why I'm here :)
I see a massive run coming to 0,0009 (upper bollinger band). If news on Monday after market, Tuesday premarket, we will have the sky open until 0,0015. Again if this breaks, we will test 0,003. After that, we need the rsi to cool down.
For now plenty of potential here!
Glta and all imo.
We will notice on Monday right away as the share reduction should be effective...
THE CHASING HAS COMMENCED!
LOL!!! hahaha stupid sellers!
mine too. sry :) bit nervous
I'm here as well. nice bottom chart play!
THIS IS A BEAUTIFUL CHART PLAY!!!!
Why? I'm trying to figure out how this would help increase the pps. Perhaps you can elaborate? :)
Large float, Tiny float... fact is that we need news to get this to the next level!
Totally Agree with you there!
I'm in at 0,0018 with 50% of my month salary. I already took some profits last week but if this hits 5 cents like last week, I'm the happiest guy in The Netherlands!
The only thing I wish is that Level 2 is working again.
If everything goes as planned, I think we can see 0,12 - 0,20, if not, the high of the week will be 0,07 because of the hype on Monday and Tuesday..
If everything does not go as expected, then definitely a crash to 0,003.
One thing, if this was a pump a dump then this was already in the range of 0,003.
I find it interesting that in the previous week after the decreases, the bulls prevented the stock to crash..
Just all imo.
This is what I received from penny hub yesterday:
We're ready now more than ever and before you get too relaxed this weekend, listen up for a minute. Monday Morning (3/30) we will be bringing what could be one of the BIGGEST MJ PLAYS this year. This one's just begun to see heavy volume, has a bottom bounce chart, and has been making some incredible headway within one of the FASTEST growing industries in the WORLD!
I see indeed that Mdcn is on the reg sho list. Apparently since March 19th. The latest date of appearance was 27th of March.
According to the storting rules, these shorts failed to buy back their shorted shares and they need to cover within 5 business days from the moment the security has been listed on the reg sho list.
When I look at otcmarkets.com I see 600k shorted shares as from 27-02-2015. Not sure what that number is now, but It needs to be more based on the volume of the last week.
Conclusion, there are shorties out there that need to buy back shares BEFORE 3rd of April. Again, not sure what this number is but we can expect at least buying volume because of this.
The Spike of last week was mainly because of the shorters that needed to cover before yesterday.
Now imagine if you are a shorter as from last week. You want to buy as low as possible but don't want to risk to buy at levels of 0,05.
Life will become easier for the shorties in case no news comes on Monday as they can buy back fairly low. However, if news hits on Monday they are screwed as the price of MDCN will only increase during the week IMO
Tough decision for the shorties next week. Buying on Monday or risking for 'no news' and buy back later in the week...
Who was the market maker? Then I can look it up!
Tomorrow?:)
So what would be the best news we could get next week? What cause this stock to go to 10 cents?
And what do we expect from the quarterly results? Any surprises? Share buyback?
By when?
Just to be sure. We expect two prs next week: 1 about the finalization of the facility deal and one regarding the financial results of last quarter, right?
still holding 540000 @0,0018 :)
NEWS on Saturday March 14th, 2015:
breaking.....West Coast Private Equity Group To Purchase dELiA*s, Inc. (DLIAQ) Ventures
nice gap already :)
And news can come out to reveal what's the outcome of the Eldor project!
Target: > 0,03 later this week!
if 0,0075 falls, I think we are set for a penny. How much volume was required to have this 200%? 4 mil?
not sure if I'm right but what I see is that the price keeps on recovering...when people start noticing this stock, we are rich :)...
this is going fast.... people need to chase...
bids are stacking... will be fun once amateur hour is over!
some interesting phrases from the article:
While there’s no reliable way to gauge how much of this stuff we have left, we can at least be sure of one thing: Supplies of the elements that drive our iPads, missile systems, and Xboxes are going to run out. “It’s not going to be possible,” Veronese says, “to keep the game going forever.”
The world’s richest source of rare earth metals is China’s Bayan Obo Mining District. In the 1990s, the Chinese government did a very smart thing: They started putting out an enormous amount of these metals at very low prices, which made mining them so unprofitable that other operations just closed down. So while China has about a third of the world’s supply, its market share is 97 percent.
great article posted yesterday:
The earth rarest metals and why need them
:
http://www.bostonglobe.com/ideas/2015/03/01/the-earth-rarest-metals-and-why-need-them/aYgdYQ2ZlLLB9qNmOSxXyH/story.html
Hopefully tomorrow before lunch :)