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That is exactly how I view this company. Its sick that it's still unknown, we're gonna make some huge profits.
I don't see any problems, this is a longer term investment.summer is approaching, go have fun and forget your shares. I'm not even a little concerned, in investing the biggest enemy is your own emotions.
Thats funny, I'd say exactly the opposite. Technicals don't matter at all in a long position until you want to enter or exit that position.
I am 99% a day trader and only go by technicals to do my day trades which comprise 99% of my positions. I hold typically 10min-1hr and exit.
Fundamentals only come into play when I look for a bargain to go long with some money that I don't care about. I considered my MRIB investment lost the moment I hit buy. So no matter where it ends up its play money. Day Trading is my full time income and I protect that with proper risk/reward ratios, MRIB will just buy me a nice toy or a house somewhere or get reinvested.
I agree, as a rule I don't hold anything overnight. Typically my trades last minutes and I run away with profit. I don't day trade the OTC stuff, but I do look for bargains and when I find them I put a bit of cash in and go long. If I lose I don't lose that much, but if I gain, its almost always 10-100x. The upside is just to good here. All my shares of MRIB are red, but I'll never sell and they'll drag me away screaming if it comes to that, ROFLMAO.
That makes a lot of sense. I heard something similar.
We just need patients, this time we're "those people" who everyone will wish they were when this thing is on its way past $1. I doubt we'll see much attention until financials start taking shape and I'm okay with that since I'm in near the start up of a company.
I contacted them a few a weeks ago about their site and about their lack of presence on the net. Offered some suggestions, as I actually do have professional knowledge of SEO best practices and web development. They responded, they are addressing my concerns and that I'd be seeing changes in the coming weeks.
Hopefully this is some of those changes.
I finally got a chance to sit down a minute and watch the newest money TV interview. Very exciting.
To those who say that Margret is a poor spokeswoman for the company, I think she's doing an adequate job considering english isn't likely her first language.
If this company is as good as I'm thinking they are us longs are gonna be real happy and some of us retiring early.
GO MRIB
As with anything involving a court, we'll just have to wait and see. We won't know everything during the hearings and probably never will.
That's how I see it, nice summary.
Eek, perfect example why I trend to stay out of the otc unless I find a rare gem such as Marani and plan to go long term.
Not to mention the DOW probably looks similar to that chart lately.
That's how am as well.
Nice Doji on the chart now. I'd say its time for a turn around.
Good day boys, we held ground
I ain't leaving. GO MRIB
I'm back, what'd I miss. LOL GO MRIB
Looks like someone got a bunch of peeps divy shares on the cheap.
works for me, you know they like vodka.
I think its me, I stepped away for a few minutes to check on baby and the buys started. Maybe I should go mess around in the garage.
If they bought at .045 and sold at .038 then they should have understood why they were buying and had a plan that they were sticking too. Trading is all about self discipline and being able to handle loses without emotion.
I got family and friends in at high .04's, but they aren't selling and aren't worried because it was money they could "LOSE" and I let them know there are no guarantees. They trust me because I've made them thousands of percent gains in the past and I will feel confident about this company until a report shows me that I shouldn't. Daily, weekly, monthly charts don't mean anything to me except I could have planned entries better, but with pennies its so cheap it doesn't matter when your long.
In penny stocks, cutting loses can far to easily mean missing opportunity. Stops get hit easily with swings as high as 20-50%, and you get left with a smaller account. So many rules just don't apply here. A much better method is to consider the money "LOST" when you make the purchase. Then its all upside.
In trading the bigger markets, sure set stops at like 5-8% and hope you bought at a bottom.
Please sell it down to .01 so I can buy your shares and be rich.
LOL seriously, who sells before a company has even showed results, especially with all the expansion.
Lets stop the .01's talk. I am taking care of a sick 3yr old today so I've been doing a lot of catch up reading. for a minute there I actually thought we were back to .01's. Almost got sick, yet at the same time thought I'll just buy a few million shares now.
My weekly chart is showing a defined bottom and upturn. Lets hope its correct.
I've seen that to, not sure where though.
If its as good as everyone tells me, then I'm sure there are at least a few Marani fan's from 2007-2010 that will notice they are back and buy it.
Thats my plan, then I buy a boat and call it Marani, LOL. Tell the wife my buddy "gave" it to me.
If charts mean anything in a penny stock, then my own charts are showing today should be a turn around for the positive.
Has anyone seen anything on their "fine wines" I saw their Port mentioned somewhere and want to try it.
Its just not the current trend. People move in herds as much as they like to think differently.
I rarely go long on anything unless I expect to make several times my investment. I've been in a number of very successful positions over the years with companies just like this, hit by bad times, restructured or otherwise got a second wind.
I agree, this company has the potential to blow away all my previous successes with very little risk capital. I love it GO MRIB!!!
Thats what I'm counting on. Until I see at least a 12mo cycle worth of data I'm staying in. Things look good so I am expecting to be pleased with their results.
That is exactly right, I've learned that to be successful you don't try to guess the market you instead react to it. The market simply exists and doesn't care how you or your bank account are doing.
Long term positions simply require good DD and patience.
No worries here, I'm on a long time line with MRIB not a price.
I agree, lots of small odd number teases going through.I ain't selling my divvy, that's money wifey don't know about someday. Cha ching
They have been restructuring, now they are expanding again.
Works for me, here till at least 2015-2016 and if things still look good, perhaps 2020.
Exactly, and not much to report last year and at least through this year's first quarter.
I had the same concern, I found that they have restructured and this is the first real year of operating since.
This is easily one of the best companies in pennyland and won't stay here long.
Yeah sure, none of us have the contracts in hand. Just going off how things can work.
Trust me, if a store signs up with a product the delivery guy keeps delivering product whether you got space or not, you agreed to take on the sales it's up to your store to do that, above and beyond brand advertising at the manufacturer level.