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hahaha, that seems a little rediculous.
why would MM's share their profits with other MM's? They're in competition for the same $$
fantastic, all the days volume and we're gonna close in the red.
this blows.
i got outat a 50% loss
this has become a trend lately. damnit
CHeck out the PR released on 2/2/10 at 4:01 PM for BOCL
BOCL and ACLH are entering a joint venture agreement. Could be good for both stocks. I just came over here to see what the buzz was about this company.
anyone else seeing a cup with handle pattern developing here?
looks like the selling pressure could be slowing down.
looks like we'll prolly test the .06 support level. if we hold that, i think we'll see a rally back up to .10
the lower bolly band is .064 so maybe we'll see a little bounce???
unfortunately, i'm in at .105 and i've held down to this level so i gotta hold to see if it bounces. i'm gonna hate having to sell at .05 if she doesn't hold the .06 level. uuugggghhhh!!!!
i wish i woulda waited till it fell down here instead of blowing my wad at .105
i sure hope she recovers this week.
i didn't say anything about who is a better trader. I'm obviously not doing well cause i just sold at a loss. i think anyone here (including you) would agree that holding a stock from the teens all the way to sub penny is a huge mistake.
sorry if i hurt your feelings.
GL
i'm not an expert at reading the ADX but the RSI is sluggish and doesn't indicate a trend in either direction, and the MACD line trending away from the signal line indicating the performace will continue in the same manner it has been (downward)
I still think we're in for another push downward before any real bouncing occurs.
one good thing i see is that accumulation/distribution is (-) and this high volume day could indicate the end of the selling pressure. but i still want to see the RSI react. It's been stuck in the mid range even while the MACD is slumping.
I'm watching it though, for a good entry point to recover some of my losses earlier this week and last.
GLTA
that's pretty good. i thought i remembered you saying you've been holding since .02 or something.
i really hope .007-.0075 is the bottom and you can buy a big ass boat and retire in the carribean or whatever.
lol that's hilarious.
what levels have you bought at?
This stock has never traded that high. if you're holding this from anywhere above .10, then I'm sorry to say, but you're doing something terribly wrong. I hope you can learn to minimize losses at some point and protect your capital.
I truly hope it gets back up and makes you your money back.
i just bought into BOCL at .105, 100,000 shares
lol. I'm a basher now? that's laughable.
I believe all you guys about MDGC's potential, andthat it will explode when we get the news we've been waiting for.
she's in a down trend so i got out until i see her turning. if you say she's not in a down trend then you're obviously lying to yourself and everyone else who's listening to your advice.
for the past 3 days, the low has been chasing the lower bolly band down, and the MACD is getting lower and lower. The RSI is still above 30 indicating that it's neither oversold, nor overbought.
when the RSI drops below 30, i'll start paying attention again.
i dumped them yesterday at .0084 i'll get back in when it hits .006 and again at .005 for the ride back up to .01
thanks!
everyone re-read the Cohen report summary in the last PR. it says the company will raise like $15 million thorugh the sale of debt/equity....they're dilluting in order to raise half of their annual income lol.
this thing will surely bounce at some point, but will there be any buyers available to purchase all the shsres people are selling at break-even?
i sold all my shares at .0084 with the intention of getting back in lower. its easier to watch the price drop when i'm not losing value.
i think it's gonna test the 52 week low and possibly dip down to .005-.006 at which point i'll get back in if the MACD and RSI say so.
good luck to everyone who has a stronger stomach than me.
remember the dump we saw when she dropped down to .0085 and got stuck? i think we're gonna see another one coming that will push it down past 52 week lows. she's behaving exactly the way she did right before that dump with .007 being the support that will absorb most of the dump. plus, the board is starting to recycle the same "positive thinking", "news is coming, i'm sure of it" sound.
confused, is your imaginary friend ILAN, and imaginary inside contact at MDGC? Where would an imaginary friend receive hypothetical info like that?
if anyone wants my shares at .0084, i've placed the order but it's not showing up on the level2. place your order and they're yours at a discount.
You’re right, .01 would be great, unfortunately, even with all the great potential and awesome speculation, the price has plummeted from .012 to .0085 (with major resistance here at .0085)
That’s why I’m concerned. I do not doubt the potential, just pissed that someone is lying to us (the IR guy) and someone else is dumping shares.
It almost seems like someone has been trying to create this atmosphere of speculation and rumor mill in an efforts to create buyers so they can sell a shit ton of shares.
I'm starting to worry that someone has been leaking false info.
I mean how easy would it be to go on godaddy.com and buy a domain name that sounds like a MDGC website, develop a "new website" that is "being developed" and pump the boards up to sell a few million shares???
I know that sounds crazy, but I’m sure it happens. Paranoia? Perhaps... Plausable?... perhaps not...Possible? Definitely!
i already own my shares.
jeeesh, take a pill.
hahaha, two weeks ago everything i read was, "News coming this week...", then it was, "news is coming next week...", now it's "news is coming in 3-5 weeks.
I'm a positive thinker normally, and unfortunately I've been a positive thinker on this stock which is why I'm still holding on to losses instead of selling at .0105 when i saw things going down hill. then holding at .01 b/c i thought it was strong enough support to stop the down trend. and again at .0085 hoping that it won't drop any further.
thinking positive is great for covering up regret. in this case, i think i'm gonna have to get out at a 25% loss just to stop the bleeding.
i'm holding till next friday, then I'm out. I'll be hopping around cause i'm gonna lose one of my legs on this thing. uggghhh.
here's hoping i'm wrong.
Erin Burnett is so freakin hot! I'll buy whatever she tells me to when she batts those little eye lashes lol.
Even if MDGC was involved in a huge deal, Cramer isn't allowed to mention it on air b/c it trades below the NASDAQ.
I remember hearing that the government assistance program for broadband expansion was delayed by 30 days to allow companies to properly position themselves for available assistance (this was in early jan)
"Our model assumes the Company raises capital through equity/debt of approximately $15.0 million during this period."
meaning what exactly??? that they're gonna raise $15.0 through dillution? dumping their stock at .0105 and .0085 and wherever else they plan on sticking it to us?
people are getting impatient and tired of waiting for this .0085 wal to fall, so they're selling below it to get their money out since we can't break this resistance.
MM's aren't always the reason the price acts funny. and if anyone truly believes there is a "huge short interest" in this thing, then i think you need to see what it takes financially to short a stock under $2.50
i'm a little concerned now that the buyers may be running out, and sellers will soon overtake the market here. everyonethat bought at higher levels could turn into sellers if the price drops anymore, and we could see .005 levels!!!
if i don't see significant movement by next friday, or a PR, i'm getting out at whatever loss i have to take, and moving on elsewhere. i don't like the fact that their IR guy has been so misleading. Either he's blatantly lying to us, or the company is incompetent and can not release a simple PR on its own schedule. i hope he's lying, then maybe this thing could turn around...
i guess we'll see.
wow, 1,000,000 share trade at .0085 and still the ask doesn't budge. lloks like some confidence growing though. hope this continues trading at the ask and we exhaust that .0085 wall.
I've been calling since your post, and it keeps ringing busy.
anyone have the number to MediaG3's home office?
did you see what happenned, .02 seconds after the .009 sale went through, the ask dropped to .0086
it's like someone wants the candle to be red. i'm seeing a strong downward trend at the moment.
i just called the number and some woman answered like it was her home phone number, "Hellooo?" when i said i thought i had the wrong number she asked who i was looking for, i said imperial wireless and she said, "Yes, thats us, how can i help you?"
I told her i was checking to see if the number was active (mainly b/c i expected a voicemail and didn't have any questions prepared lol) and she said, "at 7:20 AM... ok"
she sounded like my grandma, but younger. a very soft voice, like a 1st grade teacher.
that was odd.
i think most companies offer shares as payment to the promoter instead of dumping shares and paying cash.
i guess we'll all just have to wait to see what this week brings. I'm getting killed here, and I'm not happy with the pps, everything looks bad right now technically. i haven't sold, b/c i've fallen victim to the hype, and expect it to do a classic bounce tomorrow, and then I'm hoping "Last thursday's PR" will be released this thursday.
i think i'm about to throw up. uggghhh.
good to see those larger buys at the ask just now, 100,000...500,000...100,000 i was getting a little worried.
sooooo, since the PR that was "supposed" to be released last thursday wasn't actually put out, I'm hoping they start this alleged awareness campaign this thursday. maybe???
that's a nice link, but i didn't see any mention of MDGC anywhere on the website. could you let us know exactly where they are mentioned? or how you know they are there?
thats a little ridiculous to say that it doesn't matter where you buy in.
the whole point is that you want your trade to be profitable from day 1. buying at the bottom of a consolidation pattern is a great place to get in, and makes it easy to hold on to it when it's low.
not sure how you feel about candle stick reading, but so far, todays candle looks to be a bullish engulfing candle of a spinning top. and the previous 3 day pattern is a shining star (which usually indicates a reversal in investor sentiment) and can indicate a trend reversal.
granted, pennies don't always reflect typical candle patterns, but this one seems to be behaving normally. anyone else have opinions?
i'm just guessing here, but i think we'll see a close between .0115 and .012, and that's based solely on the afternoon trends that i've noticed with MDGC. trades have been occuring on the ask instead of the bid on MDGC end of day.
so there's two sides here.
1. those that believe news (strong enough to move PPS) is coming and everything is going to be great.
2. those that used to be a "#1" and have since become skeptical of the "imminent news"
i'm currently a #1 but have began preparing myself for the transition to #2. I was renewed a little this morning when i heard a Clearwire advertisement (for the first time) in Raleigh, NC.
My biggest question is, if MDGC is involved in some fashion with Clearwire/Sprint... why would they keep in a secret? Is Clearwire mandating that they keep the relationship internal??? i think probably not.
the answer, I'm sad and excited, to say seems to reflect something "shady" going on within MDGC. If the relationship is relatively new then some insiders have been buying shares like they're ready to retire without telling the public. that sucks that they (MDGC) wouldn't inform their investors when the events become valid, but it's awesome that they have that much confidence. it worries me that someone owns so many shares, and could dump them on the market at anytime. uggghhh, but that's the nature of the penny game.
I'm hoping we get something from the company this week, or early next week after the show, or else i may lose my confidence in the short term value.
sad but true. i bought mine on the volume break out of 20 million. it looked like it was going to break out, but it didn't. she held support around the .01ish range, and it looks to me (based on the candles, MACD, and the bollies) that it could be at the bottom of a short term down trend. i'm looking for a slow rise to the top of a consolidation pattern. with all the new "awareness", this price movement could prompt some new PR's and a price break out.
here's hoping.
so i just heard my first "clear" radio ad. they were advertising their 4G wiMax internet
wonder when the MDGC awareness campaign is going to start...
there's another MM on the bid side at .01.
too bad the candle is going to be red for today even though we're up 7%
the 60 minute MACD shows a cross over 0, so it looks like the spinning top candle today could be representing a reversal of this 3 day down trend. i guess time will tell, maybe tuesday will shed some light and verify the reversal.
we're bouncing off the lower Bolly band too, so we could be looking for the surface in the next few periods.
here's hoping! i'd love to see another couple UT's in the last 30 minutes.
the stock appears to have held it's .01 ish support even after unmet expectations of news, so that shows a lot of strenght, and positive sentiment.