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Don't forget that the majority of day traders dump their lots between 1500-1530.
because some of us are in a combat zone and are lucky enough to get on this board unrestricted... I paid 30 bucks for a premium subscription and can't even view level 2s, or streaming quotes. I'll be sure to hop on the site when I make it home though :o)
apparently you are newer at this than I am. MMs can "naked short" and they are the only ones who can, but regular shorting anyone can...
you can short pennies on etrade with a margin account....
I'm far from being an expert... I'm super new at this but I bet the volume died off abit because everyone recognizes the manipulation going on and is just waiting it out a bit. If I had to make a best guesstimate I would say the MM's aren't making any money off the spread because noones buying in right now so they switched sides for awhile to move the price back up and pull some volume in... any takers?
"MusicMatrix is the premeir destination for record labels looking to find talented people wanting to follow their favorite music artists. Sign up now to get your chance to break into the music industry and be a star."
That's the part that sticks out the most in my mind. That's what I've been thinking since I found this company, that this is like an online talent search, an "american idol online". I think this is an amazing idea because now people don't have to travel across the states to big cities or what not to show what they have. This gives everyone whose ever had a dream the ability to show pin up their ability and hopefully catch an eye or two and possibly get a deal of some sort, whether it be a backup dancer, some sort of lead role, or anything you can think of! This can be used for Acting, singing, or dancing promotion that agents can find people to fill spots or possibly break out in the big time. I'm really excited to see how well this develops!
Not going to lie... I thought about that too. I think the plan for making money comes in the future. No ads so less revenue but when the site becomes popular something will be insituted for sure. Gotta remember a company isn't going to unleash all of it's plans and secrets right from the get-go.. That gives the edge to any competition it may have brewing. The longs will find out in due time if they stick around long enough IMO.
Thank you for your very informative and supportive post...
Very possible indeed :o) Thanks for the words of encouragement and best of fortune to you too sir!
lol same here... every paycheck I dump the whole thing into Etrade and wait to see if ENTI drops... if it does, I just bring my average down even more so.
P.S. I don't have a single bill, I live in a tent, and I work on 75 million dollar aircraft everyday. it's ok for me to throw every cent I make into investments, lol.
This is what I love about the internet... Ever seen Nip/Tuck? There's an episode of this writer who gives this horrible review of Sean McNamara's acting and appearance. The guys a good looking guy, good actor too. Well Sean goes looking for this reviewer, finds him in a coffee shop, and discovers that the reviewers on of the ugliest, moliest, wicked toothed guys he's ever laid eyes on. I'm willing to bet Mikey is one of those guys. Just a complete sack of ****.
I salute you Mikey. It's good to know people like me are making it possible for people like you to do what you do... Which is make assumptions about stuff you don't know anything about.
I agree. I have been more focused on the TV commercial date than any of the other ones. The TV commercial, especially being on channels like MTV and such, will really open the gates for musicmatrix to become a popular site. The more traffic, the more members... THe more members, the bigger the spotlight, bigger the spotlight, higher chances of bigger investors to come in and get in early. That's when this thing will pop if anything. Then we'll finally see a higher support when things calm down after the initial "bloom".
The one question that I have that I know noone has the answer to yet... Is how long before someone like amazon decided that it would be a huge benefit of making musicmatrix a subsidiary. Even a PR about the possibility would make the stock boom. In all reality though I would rather see this company actually succeed rather than just spike every month or so.
I've also pondered the thought of ENTI being kind of like ATNP in the sense that they start things up like musicmatrix.com and things of that nature possibly? I've read during my DD that the CEO had made mention of possibly selling once the site hit 5 million members... Now I would assume he meant musicmatrix.com, not ENTI of course. So that's why I think they are in the same category. Thoughts?
Thank you sir. I like the thought of the day too! True statement that applies to the majority.
I guess I can claim being long... I'll say I'm 2.25mil strong right now, and I'll be keeping a mil for the long haul! I will be getting rid of 1.25 in July though... That's when I get home from the desert and paying off my brand new 2010 Lancer Evolution MR :o)
no need for apologies at all... If I seemed like I was bashing you for anything I'm sorry and that wasn't my forte. I think for all the shorts/longs (day traders are different) we should all be as positive as possible about it unless they do break a deal or miss something without reasoning, then it should be pointed out until we do get a reason. They have been really good thus far though so I'll give them as much credit as I can where credits due.
same here... well I care what people say it's part of DD lol. But I have the feeling that this will catch on like facebook/youtube. I'm part of the 90's generation so I came up with the basic computer stuff most notably AOL. I saw potential in google, and it's the mainstay of everything now including the military! Facebook had a way better format than myspace and it took over. Youtube is well, the video god of it's genre, and now there's musicmatch... Like people have mentioned, an online american idol in a sense.
I have tons of nieces of nephews in their teens, and besides the boys(naturally) they love the site already! I don't know how long I'll hold onto this stock (being military I make pennies lol) but I know for sure I will always keep at least a piece of the pie into next year!
I realize you're for ENTI too which is good, but I have to disagree with your belief on our being misled... I really don't think anyone was misled at all. If you put that much merit into the PRs basically pointing to a fully functional website, you misconstrued and overshot to the left a few ticks. You have to take these things with an ounce of skepticism and also read the technicalities in the words that were wrote. If I said the site will launch on June 1st, then expect a basic website up. If I said a fully functional glitch free site will launch, the have at me if there's a typo on the page or a link doesn't work because I didn't deliver. The PRs placed are looked over fairly well and by using words like should or may, basically entails that there is some sort of grey area or leeway to the left and right to work with incase it doesn't go as planned...
lol I've been reading your posts for the last couple weeks and you made me spit out my water the other day, lol. Your excitement is awesome and hilarious! Brings a smile to my face halfway around the world haha.
ENTI FTW!
lol I see a couple people have already stepped in for the reverb lol. Thanks
How were you misled by the company? It's not like they said they were putting out a social network for music and then put up an online ice-cream store... I don't remember ever reading any PR that said they would be running almost perfect at all. IMHO if you actually believe everything a company tells you, especially a pinks company, will go 100% perfect then maybe Pinks are your sort of thing.
If you read what exactly what was said about the spokesperson, they said that letters were sent out to various celebrities. There's a process involved in that too. They said they SHOULD have one by then, that is not a definite. Will/Shall and Should have different meanings...
They have a commercial out, it's not publicly launched yet. At the same time, I think it's awesome that because they couldn't get a spokesperson in time for a commercial, they actually had a contingency!!! That speaks worlds about this company imo. I'm in shock and awe over that fact.
You're right though... It does have alittle bit of an effect when things don't go according to plan. Part of being human though is the ability to adapt and overcome, and attempt to approach things with an open mind which I also do. The good does outweigh the bad tremendously, unfortunately though I truly believe it is the MMs who are holding this stock down immensely. I just can't believe how much power of manipulation they behold and that whoever governs them (the SEC?) has given them the ability to do what they do. It's pretty demoralizing.
GLTY and everyone else though. IMO which I know is shared by all, by the end of this month we will be very Green!
lol it's widely known how bad our fans are..... I'm from Long Island and been to a few games. I couldn't believe how quick we all went from yelling and cursing in cheer to yelling and cursing in disgust, lol. It took one ball!
I still can't understand why so many people think this launch was a failure. It was not! It's in beta stages still! A beta website is not perfect by anymeans. They are adding and updating content almost everyday. I understand as investors you want things to be perfect but when the shares spike up, everyone is all happy and this is the greatest ever, they go down and you're the first to criticize. The majority of you are like New York Yankee baseball fans. Cheer when they're winning, Make death threats when they allow a run for the opposing team, lol.
As far as the CEO speak for conference calls, yea it would be nice but the CEO has more important things on his plate. DO you get to listen to the president everytime a proposal doesn't go through or a play by play on BPs oil spill and if the government is going to step in and take control? No... That's what spokesmen/women are for. I'm a marine and sure I would like to hear my CO tell me what's going on all the time, but that's not the reality of the world. A business has a chain of command and a structure just like the military, just like the school system, just like a baseball team. That's how things are divied out so that no one entity inside that structure becomes overburdened and eventually falls apart.
I probably make less than everyone on this message board, but I'm still staying in it to win it becuse this company is just getting back on it's feet and with a running start in my opinion.
I think I only get three posts so this will be my last...
Not allowed to say much due to Operational Security and although they probably can't monitor this right now I'd rather practice some discipline and not say it anyway, lol. I can say though that yes one of the missions here of the Marine Corps is to help establish a formidable fighting/defense force for the Afghan nation and has been successful thus far. We have a number of things we're trying to accomplish and although a slow painstaking process, we're doing what we can :o)
GLTA, I'm heading to the gym, lol. Go ENTI!
P.S. did anyone listen in on the conference call and if so did it contain anything we don't already know at this point? Unable to view musicmatrix.com (media) or check out the conference calls and such. Thanks in advance!
I've been on this board and site for alittle while now but have been unable to post or even register due to restrictions on the internet here (Combat zone). However I did want to express my gratitude for your charts and info. It has been extremely informative and helpful to me especially because I can't get half the chart sites to work out here or pull up right at all, haha. So thanks for everything you're doing here!
Same over here man. I've been sitting at Camp Leatherneck Afghanistan for over 7 months now and just started trading last month... This is the only stock I went long in, and I decided to throw half of what I saved up out here into it. I have a really good gut instinct on this company. Everything seems to be in order, and I don't get the "reach around" feeling you get from the majority of all these other pink stocks.
One big thing that some people are missing and the bashers are banking on, is the fact that this is a "beta" website release, not a fully functioning website. That's how EVERY single website or game starts out - beta, in order to root out the glitches and issues, correct them, improve or redesign, and make it that much better for the consumers.
I have nothing but confidence in this stock... and even though I hate seeing my portfolio go down hundreds and hundreds everytime it loses just .0001, I know that eventually this thing will take off somewhere IMO. I get scared too, thinking crap I should sell when It goes even again, but "scared money don't make money" as they say, haha. Good Luck to all the longs and even the short termers because longs are actually supposed to be more than just a month or two by definition...