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The weekly chart is what I'm excited about!
That is a very incorrect, kinda makes the rest of your statements suspect. Hundreds of thousands of businesses operate in a negative in the short term.
Well since you have listed each problem it would be interesting if their is a rebuttal to each one specifically without varying away from it. Is the CDU supposed to generate a "positive" cashflow or just to generate a cashflow to offset the out going? This does happen all the time!
Just because there is a Mega chain restaurant on the corner doesn't mean they can't build a mom and pop diner across the street that makes a really good profit or a high end specialty restaurant that caterers to a specific clientele!
"If there were an actual business here, established refiners, like Andeavor, Alon, or Sunoco would be in the business already, ahead of a speculative venture like MMEX. MMEX assumes fantasy scenarios that can’t be realized."
1. Sorry to inform you but hundreds of thousands of businesses are started and ran by seemingly small entrepreneurs compared to the "Big Dogs". Look around you in your own city. Not every restaurant,gas station, store, repair shop is a chain. Besides every "Chain" or "big Dog" started just like MMEX is doing!
2. If this is a pump and dump, Jack and MMEX really-really-really suck at it!!!
ABSOLUTELY!
Sorry, that is another nonsensical response and a diversion from the actual subject matter. First of all it does not matter what I think whether the financing is in place before ground breaking nor anyone else for that matter. There is ZERO facts or statements concluding that financing has occurred. Personally, being in real estate and building a few million dollar homes, financing was always in place before hand, but not set in stone due to necessary conditions, I.E. You do XYZ and we will give you money. Everyone knows that anything can happen before money exchanges hands so why would people invest large sums of money on an unknown, heck, Jack could die etc...
Ever here of buy the rumor sell the news. Yes, my statements indicate that is how I trade to gather MORE shares, hope this helps you become a good trader!
You also stated Financing is already priced in yet you say...
So the pps will linger for a month until the "ground breaking" Unless the financing is revealed and we don't have any new "partners" here we are/quote]
Which is it? Be consistent at least!
When financing is announced this will go up!!
This stock is an easy flip, anyone not gathering more shares this way is just missing out!
I'm thinking is that Financing and permitting is already priced into the pps/quote]
Seriously, wow, i'm speechless to that nonsensical statement!
Also if you read my post the last part was also nonsensical.
Don't disagree we need better investors. But this is due to many influences, one being lack of attention. Jack is definitely not a pumper and he has accomplished everything he has said so far and in a very timely manner as he has said. We need institutional buying IMO regardless of price.
Yes, "Real Longs" know everything. What a joke!! Go ahead and wait for it, I myself am flipping, gaining shares each time, all the while keeping a core and raising the core amount each time. And YES, your post is absolutely incorrect!
Nope. That has nothing to do with it. /quote]
That statement is surely a joke. Financing definitely out ways groundbreaking and would send this up. Obviously groundbreaking didn't do squat! Anyone can call up and schedule a "Groundbreaking" ceremony, not a big deal to make that happen. Financing on the other hand is a major obstacle!! Also with "Financing" this is taken a lot more serious!!
When do you think Jack Hanks is going to pull the rug out from under people and start the share selling scam?
At what point will he quit accomplishing the goals and steps he needs to accomplish to get the refinery built?
How far is Jack really going to go?
Thing is for whatever reason, they have never put out a good PR!
Now that was funny! But seriously, what's your take on MMEX?
I'm seeing a really obvious cup and handle on the daily and weekly.
Yep, it's almost as if they don't want the PPS to rise!
Typical buy the rumor,sell the news!
This chart keeps getting posted as a comparison for MMEX. Has anyone done a comparison to any of these? What is the outstand share count for MMEX? We're still along ways off but generating steam!
http://www.profitquotes.com/cgi/?a=screen&ticker=CVX,SU,PSX,STO,VLO,YPF,MPC,IMO,BAK,TSO,SHI,ENLK,KEYUF,HFC,WNR,NGL,PBF,CVI,DK,PKIUF,CVRR,CZZ,ALJ,GPRE,PARR,ALDW,REX,PBFX,TETZF,CLNE,CLMT,PEIX,TREC,AE,EC,AMRS,ORXGF,BXIOF,VTNR,AMTX,VRDSF,SU.CA,IMO.CA,KEY.CA,PKI.CA,TET.CA,ORC.B.CA,BX.CA,VRD.H.CA,POB.CA&how=2&sortby=14&qsp=full&title=Oil+
Doesn't look like to many people are doing the typical Friday sell off.
You would think a decent national news source would have picked this story up by now. I'm sure several people would have sent it to them by now. I have.
I tweeted Sergio Chapa, he will not be there but will be covering it remotely!
Very early in the latest groundbreaking information stage. But when this picks up speed and word gets out that ground breaking is actually occurring, the buyers and flippers who are still following this will jump on board and the volume will increase. Why it's so low right now, I have can only guess. It could be the MM's are done selling for now and are looking to grab more without causing a spike, so they sell a little to keep the price down in hopes of gaining more!
Hopefully this news is what puts the handle on the cup and handle formation!
Time to load up!!!! A nice PR would be nice and get the press involved!
http://www.fortstockton.org/ bottom of the page for contacts!!
PHONE NUMBERS
800.336.2166 toll free
432.336.2264 office
432.336.6114 fax
MAILING ADDRESS
1000 Railroad Avenue
Fort Stockton , Texas 79735
EMAIL CONTACT
Arna McCorkle
Chamber Director
director@fortstockton.org
Yes they should definitely put Honest at the end, it really makes it much more believable! LOL, call, I did!
Ummm, OK, I greatly apologise.I called and spoke to Alex at the Chamber of Commerce. The groundbreaking is set for November the 16th. Fly into Odessa Texas 80 miles away. She will take your name, Phone number and email to keep you updated. I apologise for my criticism of Bear!!!!!
Unbelievable! If they had a date it would reflect in the PPS moving continuously upward. He's not the only one with a phone in this world, news would have already leaked. DUH!!!
If you're not going to post what you found out, then your post is useless rhetoric and possibly made up. The forum is for sharing information, if you have it share it, if not it is meaningless. Besides the Chamber of commerce would not reveal any pertinent information. Only news from the Source of MMEX is going to move this stock upwards. Obviously by the continuous drop in share price, confidence is waning. I'm glad I'm flipping this stock!
Looks like people want to buy all the shares that are being released back on the market!
Seems we're do for a really good one then. The small little pop was the little ignition before the bigger bang. Someone just collecting shares and it got outta hand and caused a small PPS increase. This seems to be gathering steam!
I like the chart and the obvious direction it is going!
Even if all our cars magically went to electric. What about motorcycles, planes, construction equipment, lawn mowers the list is endless. But the biggest item is all the countries that are not America or first world countries.
Well, looks like there might be a typical Friday sell off, but it sure does seem news is around the corner! If continue to rise, I would think news is to follow! Only post for the day!
Would love to see the volume continue to double like it did yesterday with green candles each day. Always a good sign of things to come (maybe a leak of financing or ground breaking)?
Hmmmmmmmmm!
f. The following is a complete list of third party providers, including names and addresses, engaged by the Company, its officers, directors or controlling shareholders, during the period from the Company’s prior fiscal year end to the date of this OTCQB Certification, to provide investor relations services, public relations services, marketing or other related services to the Company. Please include providers engaged to promote the Company or its securities.
Pierpont Communications
1800 West Loop South, Suite 800, Houston, TX 77027
mgehrig@piercom.com
(713) 627-2223
http://www.piercom.com/about/
Charts mean very little to this stock when everyone is waiting on news of financing! People are still looking for solid, tangible construction to commence before they believe in MMEX. Until then most people will flip this stock. I don't blame them one bit. No one really cares if people are true longs because it doesn't help one bit either!
Yep, lot's of people claim to know a lot of stuff about MMEX but NEVER post any facts. I search and search to find it but it doesn't exist. I've been told to make "friends" here and they will give me the top secret information. Can someone explain to me how the PPS will get to $5.13 based on the current share structure? It not only seems improbable but actually impossible.
Riiiiight, huge blocks of retail dumping at a low, when they could dump higher with the smallest announcement. Riiiight
It would be encouraging and reassuring if we had some updates as to what phase they are working towards. But I will say that it is also reassuring that this is not a massive P&D.
It is obvious at this stage that Jack is not concerned with the Pink Penny fickle investors. Can you blame him? I would like to know what his plans are for uplisting though!