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New to the club. Picked up a decent amount of shares at the ask. Didn't make much of a dent but curious to see what these guys do with games from my childhood.
Danny
It's so nice to see that it's an actual item you can buy and consume. So many of these pennies are lifeless companies that make it sound like they're primed to do something outrageously amazing that will make us all rich. Andalay Solar comes to mind...
http://www.lovescotch.com/p/marani-vodka
I might just buy a bottle! No sense in having a stake if I haven't ever tasted the stuff. I personally prefer Polish Potato vodka, but I would try this for sure. Every time I go to the liquor store (Which is not very often) I look around for Marani. One day I'll see it there and take a picture of it!
I'm prepared to ride this as far as it goes. Came back from lunch and saw the massive jump!
GLTA!!!
Danny
I just grabbed 26k more. My bankroll is that of a kid running a lemonade stand right now unfortunately...
Shaken hell! I'm just upset that my Scottrade account hasn't cleared my deposit yet! I would have been buying like a fool today! I'm a very small player, but plan to be around for this ride! Go MRIB!!!
This is a great post!
It's better to lose .0005 per share across 100000 shares of MRIB than it is to lose 1.00 per share across 1000 shares of one of the more noticed firms.
Panic selling will be good for me when my account clears ;)
http://www.macroaxis.com/invest/ratio/MRIB.PK--Total-Debt
I'm assuming this is a running calc since there's no date associated with it.
I would like to believe that all of this is going to change once 2014 hits and they start fulfilling orders.
Anyone want to chime in on that? I'm sticking with MRIB regardless of what I saw in any of these reports.
Danny
They make Money Direct sound like such a great thing, when in reality it's not. A three day hold is crazy when it comes out of your bank account almost immediately. I'm dealing with the same thing OCH...
I'm in the same boat. Waiting for the funds to clear as I'm watching this bounce all over the place. Should be cleared by tomorrow so I can double my hold.
Accidental double post, might as well throw MRIB in here ;)
I'm relatively new as well, as of a week or two ago. Just started my trading ventures a month ago so all of this is very new to me. I stumbled on this one through dumb luck and have to say it looks to have a ton of promise IMO!
FYI that's something on your end, I'm showing 166k volume as of 10:19 EST.
Good grief. Had I done that, the commission would have cost more than the shares...
I didn't see this on the board, or possibly missed it, but here's the Outlaw Offshore links showing Marani MRIB as the title sponsor here:
http://outlawoffshoreracing.com/index.html
http://outlawoffshoreracing.com/events.html
Hopefully the weather conditions will be sufficient today to get that record and get this company some good exposure at the after-party! I'm on the opposite side of the country, otherwise I'd be attending for sure!
Someone should update the box to show the images from their site, and hopefully someone will get a picture of the boat with the logo!
Agreed. Windows XP was a good OS, but just because it still works doesn't mean that people should continue to support 12 year old tech. Just because my Atari still works doesn't mean people are going to port games back to it. Same with Nintendo, Sega Genesis, Super NES, NeoGeo. All of the systems still work, but they're old tech, and people aren't focusing on them anymore. I'm surprised that Microsoft has supported that operating system for as long as they have. If you look back to the DOS/Win 3.0 days, 14 years of support would have been crazy.
Is it bad that it doesn't work on XP? Yes, but it won't be bad forever.
Believe me, I loved XP, but there came a time where I had no choice but to upgrade to keep up with the software I use.
Anyone want to dissect the 10-Q for the board? WEST
Let me ask you this: At what point would you stop painting it down? If the volume increases to X amount? Is this a way to keep it down until we see some numbers come from the company itself to then generate a real share increase?
Like I said before, I'm still learning here so this is by no means a blast, but rather a question to understand better!
Thank you,
Danny
I'm still learning here so there are about a million things I don't understand. This remains as one of them, but I'm beginning to understand why... I think.
You could set your watch to it based on when the price is up. Right around 4pm EST the price gets knocked down. It's happened a handful of times now. If it were getting knocked down to attract more buyers, that would be one thing, but it's dropping between the ask/bid and costing someone money to do so. What's sad is that after the price jumped, I said to myself, "It'll be back down before close."
Those were/still are huge games for the hunting buffs. That franchise has some serious lasting power and continues to do well. That shows the power of this company in that, the games might not come out of the gate at full speed, but has the endurance to continue strong for years. I'm sticking with this one, I'm only sorry that I didn't get in sooner.
And thanks to whomever hit the ask there, it was nice to see my market value go positive for once ;)
Danny
Do you know the reason for a move like that? I tried to search it to get a better understanding as to why, and came up empty.
Nice to finally see a volume above 100. Maybe more folks have found their way here?
The 800 @ .1337 was my buy.
I'm not afraid to put that out there.
You're right though, it was seconds later that it was knocked down intentionally. 100 shares at .106 + the commission would require over twice that price to recover evenly. Someone is out there keeping this stifled, and it's coming out of their own pocket to do so.
Not trying to keep the price down at all, just trying to get out with a minimal loss. All we can hope is that the Q3 report shows some progress.
Danny
I'm in agreement with this and ready to dump my shares. It's a shame the OTC is down today or I would be free of them already...
Just got this from UndergroundAlerts 5 minutes ago:
Our New Pick is ADSU
$1.75 Price Target Initiated
Dear Traders,
Quick Update: OTC Exchange is down right now for the whole OTC market, it should be back up shortly! You can enter orders for ADSU when it is back up and running. Watch for the OTC market to start trading again, when ADSU starts trading it will reward the early birds!
Sincerely,
Underground Stock Alerts
Robert Costanza/ Senior Analyst
So to sum up:
Step 1 - Website: Dead
Step 2 - Financials: Outdated
Step 3 - Profit?
I received the same email from UA. Aside from the fact that it's restricted, the company's website doesn't even work.
I don't know who that was but it was almost immediately after my buy at .1337 which made me slump my head. It was cool to watch my overall +/- jump after making the purchase at the ask, though my excitement was very short lived.
Can you explain to me how someone bought those shares at .106 which was less than the ask (unless I didn't see the ask drop)? That's something I don't understand.
I might need to subscribe to this site to be able to see the L2 charts. I think that would help me understand better.
I'm all in on a handful of stocks. Just sold a car that I fixed up for fun, and took a little bit of that money to play with on the market.
I better drop what I can at this ask since the elevator doors closed. Here we go!
Funny to me that the Ask is .1337. Being a gaming nerd, that made me laugh.
Danny
Awesome, I remember that one too! My father is a pilot, so during my childhood those were the only games we would play. Learned on Microsoft Flight Simulator 1 on an IBM 8088, double 5-1/4" floppies FTW. Strike Eagle was a great one too! I can't see any reason that these two guys (Bill & Danny) can't get this company up where it belongs based on their previous astounding success in the industry!
I'm trying to get in for a few more while the prices are low. This tournament should give us something on the + side of the graph for sure. I didn't realize until yesterday just how much $IENT had to offer when it came to online gaming. They have all kinds of stuff on the site that I hadn't really dug into previously.
How more people don't see the value in this company is beyond me. Microprose made one of my favorite games from my childhood, F117a Stealth Fighter. I played that game endlessly with my father. Then when SH acquired them I played damn near every one of those games, especially the XCom series. Microprose was one of those splash screens that has been forever ingrained in my head since I was 5 years old.
This company can only go one direction with the people running the show. I'm in for the long haul for sure, simply based on who's in charge. Anyone who comes from my computer generation should know who Wild Bill is, and will eventually find him here at $IENT!
Danny
I appreciate you all not pounding me for my question/statement about what the price was doing. Even more-so I appreciate everyone helping me to understand this better!
I'm on the "Elevator," now, smashing the button in the parking garage waiting for it to respond!
Maybe that post about ol' Ted Nuge being involved is true, which would be fantastic for exposure!
Thanks again everyone!
Danny M
It's more or less my lack of understanding how the OTC works rather than trying to cloud the place with conspiracy. I should have figured that not being able to buy at market is the reason that everything is controlled by the person willing to sell shares.
If I understand correctly:
Person A wants to buy 1000 shares and puts in a bid for .30.
Stock price is set at .10 with no "ask."
Person B decides to sell 1000 shares at an ask of .30.
Person A sees the ask, pulls the trigger and buys all 1000.
Stock price goes to .30 because it's what they were last bought at due to person B being the only seller of shares?
That was what screwed up my though process, the idea that the person in control can ask whatever they want so long as there's someone willing to pay.
When I said new, I meant new new, like new as of a week ago. I had been watching IENT for years just trying to figure out how all of this works, and just last week opened my first trading account. Made it 34 years without touching the stock market, but just couldn't resist any longer.
Didn't mean to stir up trouble, was just trying to understand how a 300 share vol movement could affect the price so drastically. I understand it now!
Thanks for not totally blasting me because of my lack of knowledge!
Danny
Everything I thought I understood has been blown. I considered buying a few hundred shares at the Ask, just to see what would happen. I guess I'm looking at the answer!
Grabbed a few, price leveled out. Next person that picks it up is going to kick it even closer to all those bids.
15 cents rather. I calculated one thing, and typed another. It's late ;)
I would like to know how exactly those 300 shares caused what we saw today, tight float or not. I refreshed and my eyes almost fell out of my head, but then I was more curious as to how 300 shares from anyone could have such control.
Could this potentially be... Front Running? But even with that, not enough volume moved and there wasn't a massive sell-off or buy that followed.
My head is spinning.
DM
Is it possible that the previous poster who bought in at .0005 caused this massive drop?
Im still new to this whole thing but what other way could 300 shares cause such turmoil?
.0005×300 shares was .03 back in the day. Those 300 shares earlier today would have been worth a decent dollar amount.
Am I way off? Maybe we need to hear back from what came of contacting iEnt.
Danny M