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There are a handful of numbers/share prices you can plug into if/then logic with stocks like MMTC. nearly without fail, that logic works and lends to support levels. The nearest such levels are .002 and .001. If .002 fails then .001. You'll see.
They are diluting this stock. They are working against longs.
Longs should get with a higher power and request intervention at .001. Should it convincingly break, MMTC is done for.
We got the .0034 I was talking about...... now the thing may just go
Yep. MMTC share is going to .001 eom
one of the things i like about rtgv is.......
it doesn't make me gassy
c'mon girl. gitty up
as a technician, it is my job to find reason to enter and leave positions. i have reason to remain in rtgv until i find reason to exit. mathematical events often lend series of price graduation targets..... like a stair case or saw blade. .008/.009 is the next such target (provided the configuration mentioned is satisfied)
i have an annotated daily chart of rtgv on the page offered in my profile. it will be updated in the next few minutes
gravestone doji prints on the close...... mmtc is going down
two points of interest........
30 minute gap @ .0034
and contingent break of the cup and handle around .0048, which is about where a key ma prints - a close beyond here and .008/.009 is next
how'd ya like that daytrade? mathematics. go figure
the man behind the curtain may be done playing.... or did he take an extra day off. the incredible oz has spoken.... and all that
it's showtime
oh, man! mmtc went down again
barcharts is alright for some things but i would not rely much on what they suggest...... it is mechanical and limited
mmtc dilution is visible in chart, l2 and time and sales reports...... and they will start it all over after the rs..... bunch of crooks
mmtc dilution
if you look at the chart on my page you will see two down trend lines - one solid, one dotted. begin putting new money in around that area and maybe as low as .0027. gonna reload at some point. nothing travels in straight lines...... except the ex to the bank.
glta
i once lived on johnstown road, that ain't you, is it? me livin' on yer road...... no way!
now...... for some good technical insight......
first, what did i tell you traders would do today? it's happening, huh?
second, the good news..... todays high pushes the price line to a tentative cup and handle. oh, my!!!!!! that said, few things travel in straight lines, including rtgv. so, if the chart completes the cup and handle i think .008 is coming, if not more...... gotta wait on the "more" part.
hah!!!! two new pairs of shoes, a package of tube socks, a rtgv tee shirt, a package of beef hot dogs..... AND NOW, a yellow plastic rain coat and black rubber boots. i'll be shinier than a new penny and full as a tick.
go to my profile link and check out the rtgv annotations
glta
You would think so, if for nother other reason to hint at validity of sorts. No peer reviews, no endorsements, no mention from said players, etc. MMTC has all the red flags of being short the goods.
February '13 was suggested to me as well but could be as early as September if conditions improved. I asked the financial arrangemnt and got a snicker and "marginal" - no other details.
I just can't get over MMTC peddling this thing as a savior to the science when it does less than its competition and it is obvious.
Yep. Limited capability at best, dilution killing share prices, no one claiming a place with MMTC...... no hope for something worthless.
I agree. Dilution will kill MMTC stock.
MMTC admits incapability here
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75600413
yeah, thanks..... maybe a rtgv tee shirt and a package of beef hotdogs too glta
spd is a technical event where price increases or decreases while heaviest volume is the opposite in distribution or accumulation. the friday close was up, but the greatest portion of volume was negative. daytraders often will take that trade near the next open and go flat near the next close. it is a near term phenomenon that traders often employ if aware of it. i'd estimate it to be about 80% accurate, if not more.
i am not saying it is a swing or short term trade. RTGV is probably a near term trade or daytrade (to short).
i will still hold long 'cause i need socks and shoes
No. You'll see.
bad thing: spd print on friday close. good thing: the ill result should be only near term
the simplist assay takes 40 minutes. the greater takes 4 hours per manufacturer page. their test setup even include incubation whereas MMTC does not. MMTC cannot even test the other 5 organisms per certification.
balloon was an example showing just because MMTC has a certification, it means little because the criteria they use is slight and limited relative to competitors. You'll see. MMTC has little of nothing.
nothing there about MMTC. Absolutely nothing.
Sure. Whoever submits a device or whatever creates the criteria to which it is certified. So, if I submit a balloon that can hold eight ounces of water and it does (if that is the criteria), I get certified. MMTC submitted for certification of finding Listeria. The criteria used for certification is little more than that. But there are six or more Listeria organisms that require a greater capability than the certified criteria. MMTC only identifies one. Nearly all MMTC competitors can identify more than one and often between 40 minutes to 4 hours, start to finish. I have put up links of some of those competitors. And this technology is more than 7 years old.
The same is true with Salmonella which two or more organisms are identified by competitors. E Coli has multiple organisms to be identified and competitors identify two or more of those as well.
As you can see, if MMTC has anything at all, it is falling way short of the competition. Consider no one has claimed seeing a MMTC device or manufacturing any...... then add the expectation of food industry and medical communities and MMTC is looking pale in hopes of being accepted. Protocal for that acceptance is not in stone but it requires more than one simple cert from the AOAC.
glta
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I should have info about MMTC involvement with Toshiba Machine Comapny sometime this week. I doubt there is any.
She gave me information on testing criteria, methods and test labs. She gave me links in better understanding the quality of MMTC claims.
MMTC can only test one organism type of Listeria when there are six. No wonder they have not marketed anything...... It can't do much of anything.
The links given me afford information about competitor products that are exponentially superior in every regard. MMTC also has no mention from other testing labs, peer reviews or important colaboration of its capability or existance...... not even from the companies said to be involved in its manufacture or otherwise.
The Doctor fella at AOAC explained the criteria facets in testing proving MMTC is lacking in many areas necessary to be accepted by the medical community.
etc
wanna get with AOAC and see what little MMTC has?
Nora Larkin Marshall
Administrative Coordinator
AOAC Research Institute
481 N. Frederick Road, Ste. 500
Gaithersburg, MD 20877
Garlon Riegler, Sr. Director
Nah. I got rid of that junk a while back.
Nope. I honestly believe MMTC is little more than a high school science project gone bad. Marginal utility at best with their said device. Poor management. No money. No endorsements. Nothing. No eveidence it even exists - no one has seen it.
Going downtown to Nickelback in an hour or so. But I do trade for a living and use mathematics galore in doing so. The weekend are prep days. I stop by here to break the monotany.
LOL Just spreading the truth. You don't want more people getting screwed over by MMTC, do ya?
According to that plan you would be down 90% on your first shares and if you averaged in you might only be 45% down. But MMTC is going to .001 and lower. Dilution will destroy this stock
Share price down 90% in nine months.
Share price down 20% this week.
DILUTION. Shareholder equity destruction. That is the MMTC game.
For the week, MMTC is down 20%. For the last nine months it is down 90%. Your repeated "gapper" calls are not working.
Maybe I can buy a package of socks to go with two pairs of shoes. Yippee!!!!!!!!
Nope. Not the same.
Done fer the week. And a great week at that.
Mike, ya goin' to Nickelback tomorrow? I'll be in section 117. Shoot me a note. We'll meet up and I'll buy ya a beer or something. I'll be in Louisville until Tuesday....... then heading back to FL.
Be safe over the holiday and enjoy!