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Thats a bit low imo. With such a low float it will go with decent volume. We could see 4.00 and up easy with good volume.
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Well I was in the Stockhideout chat when it was discovered. I hopped in and the whole chat room was talkin about it at that point. It definetely showed up on everyone's scans this weekend since it was down 85%. I think has lots of attention.
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Look at the 8k it clearly shows 1.2m shares with 200k authorized. so 1m float. This will go on monday. no doubts imo.
With a float that small it will run up fast but when ppl sell the mm's will drop it twice as fast. If ppl were smart they would hold till the $5 to $5.50 range. Its not going to take many shares to be bought to get there. I think we will see some big players on monday buying this up. These low floats are good for big fast money.
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This is a very low float. 8k says 1.2m shares. This will have come up on everyone's scanners a certainly a big play for monday imo. I would assume a PR monday as well. They certainly don't want their share price where it is and will want to kick start it.
But from what I can see this company does look promising at this point. Lots of room and profit to take getting in down here.
I look at it this way. The company shareholders held all of these shares until an owner sold. Since it is a low float and just the owners that held their shares held the price up at 5.25. Since the selloff on friday however many number of shares were sold had the buying start at .70. So, the way I see it is that we are not really going below that unless another owner sells off.
I think that since a owner/share holder sold off their shares, those that remain to hold their share
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I think NSEH is gonna go big on Monday imo. There were so many stocks to play on friday that had news and technically a lower risk level (meaning the low float)that people wanted to go where the volume is. Hopefully, they come out with more news monday and we are off over .02. Either way I think volume will come back bcuz it will have shown up on people's scanners from the big run and the decent drop. People will be playing again on monday bcuz of the huge opportunity to make a quick 300% 400% 600% on light volume.
The PR they put out was very empressive. This company could go somewhere. I look forward to monday and a cool 400% gain. We will see.
G1
If they are going to dilute then I would hope they let it run a bit more. This could easily hit .02 or .03 with some good pr's. Bur for some reason the idiots that are running these companies like to dilute in the double zero's or triple zero's. Why?? Why I say? Doesn't make any sense. They would get rid of less shares and pick up more money. Who knows.
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Yes we are both right. I was just making the point that ppl do buy on the bid. It does not help us go up but it happens.
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People buy on the bid all the time. Hence the name Bid whackers! lol
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The walls the mm's put up today were ridiculous. It was like nothing I've ever seen. Wall after wall of 900k, 1m, 750k blocks of shares on the ask. It was nuts and yet we still did incredible! Chipped away at the ask. Had they left it alone I firmly believe we would have been over .012 today imo.
So, I too feel the pps did very well. If I'm not mistaken this is old news about the authorized shares. Anyone else remember a pr about it a couple of months ago? So, the current pps has already taken this into account.
I believe there is big news on its way. We know they don't actually need money right now so for them to want 2.5b share count, that leaves a huge number of authorized shares. Why? Why would they have so many shares availble to give a new partner? Unless, it is something very big or someone!
My opinion, we will see it tomorrow.
G~
No you misunderstood me. I know you called it earlier and you hit it. I was just saying it happened towards the last ( that it matters) but just that it was an excellent call. No point intended. Sorry it came out wrong.
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You called it. like a minute before but you nailed it. lol
At this point this looks like its going to run tomorrow. imo
There was a buy at .0044 for 2.9m shares. Did anyone catch that? It went thru 3 mins after the bell.
You load up as well?
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I figure that the mm's knew the filing was coming out today and did not want to let it run nuts like it truly should have. If that would have happened and the filing came out ppl would have dumped up high cuz of big profits and it would have just creamed the chart. Since, they know that news is to follow they just kept under .0084 today. Hence, the huge walls of 900k and 1m shares all day. They even threw one up at .0075 after the drop.
Thats my theory anyway. lol
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No mid 4's not very high at all.
Just curious what he thought. But thanks.
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Whats your opinion of NSEH at this point? You think it will have a late PH run? Possibly tomorrow? Thanks
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I agree, mm's will accumulate as much as they can down here. I think PH will be very good.
G~
You must not watch pennies a lot. Happens all the time around lunch time on the east coast. Not odd at all. If the float was gone, I only assume you mean there are not any shares available then this would be sky high, not sitting at .0049. Nothing to worry about imo.
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And we're knock knock knockin on UBSS'door...I said we're knock knock knockin on UBSS' dowerrr!
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Ask is very THIN! I think we could have a monster climb if volume hits. Around .011 imo.
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Sorry, but not true. Microcapmillionaires alerted mmtc for a run to .015 (sorry a bounce) of higher after a two day churn. Today is the 2nd day of churning. GL
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Haven't been here in awhile bcuz it hasn't moved. But clearly they are Diluting. Now, you have to ask yourselves what kind of idiots would dilute at this level? What moron wouldn't allow the stock to run up so that they don't have to sell as many shares to obtain the money they need? Well, at this point all fingers point to Lenny and LKEN!
I know there are a lot of ppl holding higher and I hope that it does go up for your sake. It just really blows me away that they would treat their shareholders this way. For months now this has been down.
If anyone has any information about this moving soon I would love to hear it. I do hold a small position and would like to make my money back. Thanks
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Are you saying news is expected today or they are just waiting? I thought we were supposed to have something by now.
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Right, as soon as I went to the website my avg snatched the virus. Some Win32 cherry. Anyway, it is the website that is infected.
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That link or the company you sent me was a virus. Soon as I went to the company a virus tried to get me. Be careful. I use 2011 AVG. Its completely free. Works great.
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I agree! If you go back to 21st, we have been trading in this same range, Roughly .0088 & .0076 just churning. This could be the day that another big run happens. Remember, that Microcapmillionaires Alerted MMTC for a breakout to .0015 or higher. He said we will churn for a couple of days then breakout. Well, I think we are finally here. Holding well with few sells.
Let's do this thing!!
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Yep I agree! Just needed to fill the gap from the gap up and it looks like we may be off. I believe today will be a big green day. The last 3 days have all been red and started out with heavy selling. Today is much different as we can see. I think many have been waiting for today to be able to buy in and not get slammed with selling. Back over a penny!!!
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I show on the 1,2, and 5 min all a sharp upward crossover on the macd. 5min is already crossing over and the 1 and 2 min just crossing over. It looks good imo.
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I am shocked at how strong the volume is after 2 weeks. We still need more volume but very impressed. We need a bone here. 8k should be due any time now from what I recall. Come one!
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I think to anyone who says news or 8k will be and it doesn't show up should be ban!! That is a flat out pump and a lie if it doesn't happen. Most believed it in here and now most are upside down. It is not funny when people are using this as good information and trying take care of family with this economy. So, for those of you who know your lying about information and have no problem letting others lose their money....shame on you and I hope you end up in a hot place cuz your evil to not care about another human.
Every person that said Monday 8k or news is coming I spoke to them directly should be BAN imo. Just ruthless!
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Here is a better link for Major Shareholders http://finance.yahoo.com/q/mh?s=MMTC.PK+Major+Holders
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There was with 50 secs left. It happened.
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Did anyone see the 14m share buy at the end of yesterday with 50 secs left? We have to move up from here. We have had 2-15m share buys, 1-14m share buy and 6.4m share buy. Something huge is about to happen. Obviously insiders know and are buying up the shares.
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Ok so where is this news that ppl swore up and down would be here monday??
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LOL! We have an ascending triangle chart formed!! The bullish chart you can possibly have!! We are going to have a huge upswing today.
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Stock Analyzer posted earlier that MMTC's chart is an Ascending triangle, the bullist chart a stock can have. He said we needed to hold over .011 and we did. He said we will have a big upswing tomorrow.
I am a member of his super nova alerts and the guy is a genius when it comes to calling stocks and their charts. So if he says this is gonna go tomorrow then I have no doubt we are gonna go. He also mentioned the 8k today or tomorrow. Today is over with so it looks like tomorrow it is. This stock is going to be one of those legends imo.
The other perk we have going for us is that Stock Analyzer had put MMTC on one of his alerts about a week and a half ago and he continues to update saying that MMTC is still looking good. I have no doubt that we will get another alert in the morning mentioning the ascending triangle and the run it will have. My guess is that we will break .02 tomorrow with his 2000 plus members hit MMTC hard as hell in the morning. It will be a big day, we have many perks on our side.
Let's make it a legend!!
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Zero you clearly missed my point. I said I'm not going to wait to be down 60% before it pops back to make 500%. Make sense?
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Yes but many posted that news was 100% for sure today and we have had nothing yet. If nothing comes then this will be ugly. So, its we need the news like now. We are creating lower lows and Im not gonna wait to be down 60%. imo
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Who has the quote with Brennan saying 8k and 2 prs this week? Was that a quote?
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I am pumped for tomorrow!!! I feel like a fat kid in candy store or JoJo the circus clown!!! This week could end up changing lives the next 2 to 3 weeks for sure. Very exciting times!!! Let's go MMTC!!!
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Good to hear! Follow the right people and they will lead you to the right stocks. Gotta love technology. Can you imagine what it was like even 15 years ago 20 years ago tryin to day trade......sheesh talk about stress and being on your own. lol
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lol, ok mugs.....maybe you misread my post. There is nothing even close to a woe is me......as far as the rest of your post lets hope so. Thats all we have been able to do anyway. There shouldn't be any arguments there.
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