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2/28/19 55,018
3/15/19 68,267
3/29/19 82,961
I will post the new numbers if they come out tonight
I believe we have some panic sellers which you always have when supposedly bad news comes out. They are impulse sellers who don't really know the story and don't realize we have a lot of really good news in our near future.
I also believe we have a short who keeps doubling down. The new short interest figures come out, I believe, after the close tonight.
Whoever it is has been steadily increasing it the last several weeks. I wouldn't be surprised to see another jump in the numbers.
I am still hopeful we'll see a short squeeze if we have good news about credentialing in our near future.
But you're right. It makes little sense to be selling below the offering price. Let's hope the bottom is in.
Good luck
OK... the long awaited raise is behind us. No one likes the beating going on today, but if we can have a V bottom over these next couple days we will look back on this as the day MKGI turned the last corner in its' path to being the company we have all been waiting for.
Things that have occurred in the fund raise.
1)Insiders continue to show their faith in the path for the company by investing several hundred thousand dollars.
2)Hundreds of new brokers are now invested in this company. This new retail business will help drive the next leg up.
3)Institutions have been hesitant to invest in MKGI because they knew a fund raise was something that would eventually occur and they were willing to wait to invest until after it happened.
Well it happened. They don't have to wait anymore.
I am guessing the money was needed to finish the credentialing of several huge companies coming on board soon. Once the announcements are made, the stock price should recover quickly.
Consider this one final storm to weather before the sun comes out.
Good luck
I agree that the stock will split some time this year after the price has risen significantly. Institutions would like to purchase a million shares without triggering the 5 per cent ownership requirements. Hence, MKGI would ideally have about 20 million shares in the company, which would be, approximately, double what we presently have. This won't happen until after the large companies finish their credentialing and we start doing significant business.
I don't think we'll have to wait very long for these companies to turn on.
Good luck
Your timing for stumbling across this stock couldn't be better. It gained sixty cents in four days and the stock price is just beginning it's rise.
Good luck
Yes ...very interesting chart. MKGI will become the major player in the instantly bookable, ALR B2B space. I believe the conference call stated there were 8-9 analysts preparing reports on our company. Once the buy ratings begin to be issued significant buying will commence. It should be a very enjoyable ride.
Good luck.
Yes ....Bill Kerby has been dealing with it for the last few weeks
Not a good time
If you have not listened to the conference call yet, do yourself a favor and do so. The last several years of work are finally close to producing the results we have patiently waited for. The first couple of large companies have come on line, with several more almost there. I believe breakeven for MKGI is around 3000 bookings/ month. The size of the companies we are presently and soon to be doing business with dwarfs that number. Once these companies fully ramp up, this will be a revenue generating machine.
Several analysts are close to finishing their modeling of MKGI. When they are finished and their buy ratings are issued, the stock price will jump. The fun times are almost here.
Good luck.
This stock has not been widely followed, but this announcement will BEGIN to change that.
This is the announcement we have been waiting for. It would have been nice to name the company, but we've known all along that the companies as they came on line, would rather not be named in the release to keep the information away from their competitors. Suffice to say that one of these two companies that turned on the API today is a huge company. This is one of the things the investment community has been waiting for. This will get the ball rolling as analysts initiate coverage, etc. Now. nothing happens quickly. But just as the rock rolling down hill picks up speed as it goes, this too will pick up momentum. This is a BIG step.
Good luck
I know I've said this before, but we are really close to a major upside move. Everyone (analysts, institutions large investors)are waiting for the first large company to turn the API on. Once that happens the the other big ones will follow and the analysts start the "buy" ratings. The move you made buying at this level will look even better in a short period of time.
Tell her...nicely done
Excellent purchase. I will be very surprised if you don't look back on that and congratulate yourself on the timing of that buy.
Was that an earlier in the day transaction or were you part of that 17,000 share buy at the end of the day?
We are seeing a few subtle changes these last several days.
Trading patterns are evolving in a way that signifies to me that something significant may be on the verge of occurring. Short interest increased by 13,000 since the last report, but continued buying has stabilized the latest weakening in the stock price. The Roth Capital presentation reported we are on the verge of very large companies turning on the API. When this happens I believe we'll see coverage initiated by several analysts, and not only interest from institutions and large investors, but also significant buying by them.
Hopefully we don't have to wait long for these things to occur, but the last trade of the day on Friday tells me something is coming and soon. There had been 15,000 shares traded all day on Friday until the last minute when 17,000 shares were bought all at the offer. That's the largest, single buy that late in the day I can ever remember in this stock. Let's hope we are going to be shown very soon that our long wait was well worth it.
Good luck
From the rumors that I've heard, not only are the big investors, by and large, waiting for the large companies to turn on the API. But so are many analysts waiting for the API to be switched on by these companies before they initiate coverage. It's nice to see analysts beginning the process.
If I was ten years younger, it wouldn't be quite so frustrating, because I'd be doing something different then looking at this computer screen all day. Even golfing poorly would be better than this. I keep telling myself I can hold on another week or two, but it's like being a little kid waiting for Christmas, the anticipation is a killer. When the large companies turn on it will really be enjoyable to see the action we've been waiting for.
Soon....
Good luck
Honestly I really believe this is going to be a big winner and hopefully pretty damn soon. But I 100% agree with you that this waiting is absolutely killing me.
If you listened to the Roth presentation, I thought Richard Marshall did a very good job of articulating the progress this company has made over the last several months. Apparently the consensus was that there are several large companies that are nearing completion of the integration process and that when the first one turns on MKGI's API, the buying will begin.
Frustrating yes...but I haven't waited this long to sell just before the excitement begins.
Good luck
Just listened to the Roth presentation. Guys we are almost there.I won't go over the whole replay here, but the high points to me are the following.
1) We at the present time have nine companies fully integrated. They are anticipating in the next few weeks SEVERAL BIG companies completing their integration. One of them finally being Tricept/Mark Travel. They are actually finally running transactions through our site in a final beta process.
2) Another of these huge companies is a European company that does 400,000 transactions per month. I repeat 400,000 transactions per month. They went on to say that we are cash flow positive at 2700 transactions per month. Presently worldwide I believe they said that approximately 20% of the transactions are ALRs. We really are in the right sector. 20% of 400,000 is 80,000. Now I'm not saying we are going to start out at that figure, but let's see how big we get. If we are cash flow positive at 2700 per month, that's a heck of a lot of room for growth, and that is only one company.
3) When the companies they are anticipating in the next few weeks are fully integrated, we will have 250,000 travel agents using our ALRs. Up until now whenever these travel agents wanted to book an ALR they had to use a site such as Airbnb. They received no commission for doing so. We will pay them a commission. Whose site will these 250,000 agents funnel their ALR reservations to. we have waited a long time, but this is going to be big.
There is a lot more in the presentation. It's worth listening to.
Short interest continues to decrease. This time from 63,000 to 55,000. Roth presentation next week. Wouldn't be surprised if there was increased buying after those three days of presentations to investors.
Good luck
The stock seems to be basing in this area, but I am beginning to get bored waiting for the news that will initiate the breakout. The good news is that short interest continues to decrease. It went from 73,000 to 63,000 the last two weeks. So since the first of the year it has decreased from 100,000 to 63,000 presently. Obviously, the short agrees with us that shorting this company at this time in its development is no longer a winning proposition.
Good luck
I would if I were them
Surprisingly short interest went from 90,000 to 73,000 at the end of January. Possibly even those shorting this stock are beginning to realize that betting against this stock at this stage in its' development, is a bad bet. Let's hope for further announcements of companies coming on line. The more the merrier.
I believe the most current short interest figures come out after the close tonight(end of January) It will be interesting if the shorter's hole has continued to be dug deeper.
I still am of the belief that bringing the big companies on line will not only initiate a volume surge, but also a price surge as we push through whatever influence this seller or short has been having on the stock price. The nine companies already on line are great to have, but the large companies with tens of thousands of travel agents each will cause a large surge in business for our company. This surge in business will, of course lead to a corresponding jump in revenue, which is what we've all been for.
I am hopeful our wait won't be much longer.
And so it continues..... maybe today, but if not, we will very soon reach whatever milestone the major investors are waiting for. This train is moving and will pick up speed as more and more companies come on board
I am really hopeful and confident that as more companies turn on the momentum will turn to the buy side. Hopefully that time comes very soon.
Every institution or other large investor has it's own list of criteria that they are waiting for that will trigger them to initiate a large position. I am of the opinion that when a really large company, that has a multitude of travel agents working with them, turns on the API we will be off to the races.
Time will tell and hopefully it will not be a very long wait.
Yes we all hoped the uplisting would bring an increase in volume and a steady rise in stock price. But what we have accomplished in the last several months is achieve several milestones that will make this company a behemoth shortly.
MKGI now has a working product that many companies want. We no longer are simply waiting for MT to finish downloading the API. We have seven companies actively using our software with many more either in the process of downloading or in active discussions to sign contracts with us. We are no longer dependent on the the whims of working with only one company. That fact alone is huge.
With the recent announcement, we are up to 2.6 million instantly bookable properties in our contracted and loaded inventory. That number will grow as they continue to contract with and load additional properties. When you compare this to our competitors it is truly impressive.
There is no point in continuing to rehash all of our advances since the uplisting occurred. Suffice it to say even though it has extremely frustrating watching continued manipulation of our stock price, our company has grown to such a degree that when the stock price takes off, I don't believe it's going to slow down.
And I personally wouldn't want to have a large short position when that happens
Investors, that have a long track record in the market, will recognize the trading pattern again exhibited today as that of someone shorting the stock. This trading pattern has absolutely no connection to whether today's announcement was good news or not. For some unknown reason this short believes the company is a good candidate for indiscriminate selling at this stage of the company's development. I personally think he or she is wrong.
Now when volume is low a short can get his desired result. But when volume increases on the buying side it will be very difficult to cover this ever increasing short position.
The company has told it's story to an ever increasing number of investors and institutions and one day soon that will bear fruit.
I hate this waiting, but with each announcement of more and more companies turning on the API our volume will eventually take off.
When this happens all of these kind of days will cease and we will all sleep much better.
Good luck
Guys...we have a short out there that sells into every announcement to give the perception that the announcement doesn't mean anything. Whoever it is has been doing it for the last two months. It will eventually end when an institution or some other big investor finally decide an announcement is big enough that it warrants them taking a big position. Once that happens this short will be scrambling trying to catch up. I believe when a large company with a lot of travel agents turn on our API, the "big" move will occur. I don't believe that time is very far away.
Monaco has been an excellent chairman. Instead of doing any more fund raises by issuing more stock, Monaco has taken it upon himself to continue to fund the company until outside funding is no longer needed. That time is fast approaching. MKGI will soon be realizing enough revenue to be cash flow positive and the stock price will soon reflect that fact. When institutions begin to accumulate stock, the volume will increase dramatically, and the little amount of shorting that has occurred these last few weeks will have little or no effect.
I agree, our time is almost here.
100% agree.....I think shorting this stock at this juncture in this company's development is like sitting on a time bomb.
We'll see who is correct
As of the middle of January, short interest decreased by 10,000 shares from 100,000 to 90,000. The share price increased every day during that time period. Since then I will guess the short interest has increased again since there has been an increase in selling pressure. We won't get those figures until around the 10th of Feb. If the short numbers have actually increased again, whoever is selling is confident the share price won't explode upward. With news releases like MKGI had this morning, I really believe it's a bad bet.
We'll see in the next few weeks as more and more companies come on line.
Good luck
85% increase in instantly bookable properties...IMPRESSIVE
If you can take care of that problem too, I would appreciate it.
Thanks
Nicely done....
There are supposedly 3 followers on this site and 140 on the other one, so we'll see if they all come over...it's like having a parallel universe
As a moderator can you consolidate them?
didn't realize we were duplicating...as a moderator can you consolidate them?