Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
we shall see, in my opinion if its shorts as you say, they have to cover at some point and that will only push it higher, I am comfortable with my position here, and will see where it takes me. GL2U
what made the stock drop wasnt shorting, it was the selling of 7.8 million shares that were issued to pay debt. The holder of those shares wanted the cash and thus sold them into the market for what they could get for them right away. That selling is done, thus it will go back up. We can debate this all day or all week, but only time will tell where it is going. Lets wait and see, then we will know who was right.
all companies issue shares, especially in their infancy, that doesnt mean its a bad stock, it just means they are doing business as a public company. Even if this company were to double their shares OS, which I dont believe they will do, They would still be way undervalued, thus still being a great buy at these levels.
the company has a float of 30m, a market cap of 3.6 M at this point and over 3m in revenue. And thats all without the apparel line that will be launching with tapout and lids. So I agree it will go to fair market value, which right now should be .30 and after apparel line launches if it does moderately well it will be .80+. Do what you wish, I have heard there are brokers out there that will let you short pennys, I dont know which ones and dont care, because shorting pennys for a retail investor is just foolish in my opinion. You will get burned hard doing that. atleast you admit you are here bashing it because you want back in lower, as I suspected
I lied, had to reply to this, after looking back over this guys last post, check it out, not 5 days ago he was pumping this to .10 shortly, wonder why he is bashing now? Hmm did you sell and want back in cheaper?
what you say has no merit and matters little to me, if it hits the .05's again I will buy more, stocks go up, and they go down. But short of being a scam, which we know MSLP isnt, they generally settle somewhere in the middle. Its been as low as .045 I am averaged lower than .05 so at .05 I am still ahead, its been as high as 1.60 somewhere toward the middle of that is .80. I dont even care if it goes back to .80 as most here at this level dont, .30-.50 is fine thats a 6-10 bagger for most here now and that will happen in the next 3-6 months. A 6-10 bagger in 1/2 a year is fine by me, so you might as well find a stock you like and make good use of your time, because you are just showing how inept and totally uneducated you are by wasting your time here. I wont waste my time responding to you again. Thanks, have a nice day, and merry christmas
these prices will be a total steal within 1 month, this thing will be in the .30's in january IMO
I think its entirely possible to see a double this coming week. It wouldnt be out of line with a little buying pressure to see this at .12-.15 EOW IMO. Once it does see .15 I think it will see .25 pretty quickly after that. Then I imagine it will trade between .20 and .25 untill we see some good numbers or get good news like the apparel lines are launching. But either way by EOY I think we see .20-.25
looks like someone expects run to start next week with that huge buy
man I cant even get filled here, seems to be nothing for sale, and not sure how high I wanna chase it
I loaded another 100k today, got some just over .06 avg at .0524 now
they know where it is headed, so obviously they want as many shares as they can get. They know the longer they hold it down, the more little guys will get discouraged and sell, its common practice. But in the end it will move upwards
ohh they arent, I am here for the long haul now, I really dont care what they say, its easy to see that this will go back above .20 not saying this week or next, but in the near short term it will trade in the .20 to .30 range
exactly, I have read all his post over the past month or so
go back two days ago, its still up 25% off lows 2 days ago. But what ever man, i am not going to argue with you, you can obviously go back and look where it was 2-3 days ago and see where it is now, you can also look back over its history, you know the drop was because the holder of the 7.8m sold off, and you can go to bodybuilding.com or 1200 gnc stores, or multiple other locations and see their product. I dont care wether or not you like the stock, invest here, or hang out and bash. Facts are facts, and it will go back above .20 wether it is next week, or next month when they start selling apparel line through tapout and lids. Either way its up
actually you are wrong, it looks really good, volume has dried up, which points to the fact that selling is done. Since the holder of those 7.8m shares is done selling, and this is just above the low, everyone holding now is holding at or above where we are, so there will not be alot of shares for sale at this level. Means we are headed back to the .20's and beyond most likely.
its friday, so it will be slow, alot of people will wait till monday to hop on. never really understood why, but people like to get in at begining of week. These prices are a gift, I think anyone smart enough to buy today will be getting in cheaper than if they wait for next week. IMO
company has a market cap of aprox 2-3m, they have multiple products on the market with 1200 GNC locations, Bodybuilding.com (where they are on the top 50 sellers around number 15 I believe), and multiple other sales outlets, they are launching a clothing line with tapout (who does over 300 million in business per year), and going to be selling accessories in Lids locations (all in early 2011). This company is gearing up to be one of the top supplement companies in the near future plus they will have an apparel line. They advertise in and have spokes people in multiple sports, including MMA which is growing at an alarming rate. This will be huge, and is a gift at these levels. It will go back to the .30-.50 range in the short term, and on back toward the 1.00 range once they start posting numbers for the next two quarters. All IMO, but the info is out there for you to find. Check them out, look it all up, and buy early, get in on the ground floor. GLTA Ohh and float is only around 30M
I do, since the 7.8 million shares that were dumped are all pretty much sold off now, it can work its way back to where it should be around the .30-.50 mark, but I would suggest that if you dont see that potential you go elsewhere and not waste your time here. Just leave it to us fools who know no better :) bye bye now
Im my opinion it was because they had to give up 7.8 mil shares to pay for advertising, these 7.8 mil shares were then dumped on the market, creating a mini sell off. Once the selling of those shares is done, it will go back to where it belongs. IMO those shares are pretty much cleared out now, and a return to the .20s isnt far off. still only roughly 60m os and aprox 30m float, dont have exact numbers handy, but those are close
well my intentions if you want to know are to make money. And I am long on MSLP I currently hold 138k shares and intend to buy more in the coming days. I intend to hold till it reaches .25 then take off the table what cash I put in, holding the free shares till I see numbers in the next couple of quarters. Thats my intentions. I do feel the stock is oversold since it dropped from .20-.30 area too
all I can say is that little bit of volume at the end moved it all the way to .075 wow. This thing is so thin, oversold and undervalued it has no where to go but up
I am not sure if we will finish green today or not, first thing this morning I was sure we would, but looks like this is churning like crazy. But today doesnt really matter in the bigger picture. This stock is way oversold and undervauled it will go higher in the short, mid, and long term IMO
No E on it, I think the msple message board was a screw up, I dont think it ever had an E it was an Ihub thing. I could be wrong but thats only place I ever saw an E even around it was on I-hub
are you getting your .065's?
I agree, I will be adding tomorrow since funds will clear then, I have a decent amount right now avg at .0497. Am looking to add 10k dollars worth tomorrow, actually hoping it stays around .07 today so I can more shares for my money tomorrow, but will buy anything below .15 as I can
not going to say it wont happen, but its pretty quick to bounce off of .065 looks like, but you could probably get in pretty easy around .068 right now, might be your best bet, but GLTU either way
actually it tested .065 already once today and bounced off it back up to .08. I think .065 is one of our big support levels
I wouldnt exactly say it was low volume, its the 5th highest volume day since IPO already. But The consolidation is right. What happened here was the just had those shares they paid out on the WEC deal that were dumped and caused this to go down this low. Now its on its way back up to where it should be, and it will have to consolidate along the way and flippers will have to drop off. Which will happen as the price rises. This is really a better situation than a big spike upwards because with a large spiked upwards you tend to see a following spiked downward at some point. I prefer this slow steady rise, that way it can hold its gains from here.
it will be at some point, these current prices wont last. There is enough name recognition alone at this point that this has no where to go but up. If this company was up for sale at an asking price of the current market cap, it would be sold tomorrow. Any of the larger companys would take it just for the name recognition and products they already have
I will let 24k shares go at .25 to cover my original investment, after that I intend to hold the rest till over 1.00. At 1.00 I think I may let about half of the remaining go to lock in a nice gain, and ride the remainder for a couple years, till they atleast get listed on a higher exchange
at this point although I know most of you prob will hate my idea, but I wouldnt mind it hanging here all day, and opening same way tomorrow, it allows me to add even more shares. I have 10k buying power that should come avail tomorrow and its all going in here
I would imagine we have a few flippers on board too, helping this churn, but sooner or later they will be caught out and just have to chase, wether it be today or next week, they will chase
higher highs and higher lows, I predict we will be green at close. GO MSLP!
I think it has to churn a bit, have to remember you have alot of shares bought around .05. Maybe people got in at those levels. I am avg'ed at .0497. So a good portion of those people will not wait like I am to take profits, they will take them now, which is much of what we are seeing. They wanted a big spike this morning and then run with profits. As soon as those who wish to get out with their profits are out we will move higher, untill the next profit taking level and etc etc
well I dont think it will fall back to .05, but if it does I respectfully disagree, and will buy it
that would be a dream heh, If I could get back in tomorrow at .05 it could add 200k shares, but unfornately I dont see that happening, could be wrong, but I think this is just a shake. Either way we know this is headed back above .20 in the short term so anything below that is a gift, and long term anything below .40 is a gift IMO
I am actually expecting it to close around .11-.12
I have mixed felling about wether or not I want it above .15 tomorrow, I would love to get more at this level, but I also always love to see increases in my portfolio. But in the end I hope you are right, I can wait for the increase, I would rather get a few more shares first
I cant wait for the clothing line to be out in full force, because what I have seen so far I like it, and I will buy some. I will probably try their suppliments too in the near future, once I get time to start working out again. sadly I was wrong and I thought I had funds clearing today, my intentions were to add 100k shares to my position this morning and I will have to wait untill tomorrow. If I can add below .15 tomorrow I will, but I am not sure it will still be below .15 tomorrow. I guess only time will tell