Any stock I mentioned, post my opinion about or my DD is not a recommendation to buy, hold, or sell. Trade at your own risk.
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Bravo The Apostle!!!
I've also just been looking at the chart. You're right: Double Bottom was made this morning.
Besides: 20MA crossed 50MA and both of them are pointing UP now.
RSI is 50+ "Wealth Building area".
SAR is way UP.
What the news would do??? Check what happened to those 3 public cos that have gotten the permit.
This is one of them:
TWD.V went from $0.005 to $4.30.
http://stockcharts.com/freecharts/gallery.html?s=twd.v
Only 3 public co's were approved.
Most of the apps in general were rejected.
Health Canada favors environmentally responsible companies.
According to the CEO we have EXCEEDED ALL REQUIREMENTS.
Read her BIO. It's very good to have a very experienced, successful business woman at the helm.
We never know when our ticket will come, but we should be pretty close.
I'd rather wait with my full load. I'll just keep adding.
1,221,000 BID, only 30,000 on the ASK. Looks like the sale is over.
We should get news within next 1-2 weeks. This would send this stock to the moon.
It's upsetting now, but just remember this co is for real. I'm re-pasting MONEYMAN message:
$MGON~ medcanmarijuana.com/about/ Paul T. Wylie, CEO of Med Can Marijuana Inc., says, “After reading Green Relief’s license application to Health Canada, I knew that I wanted to be working with the Green Relief team. The fact they are known for their experience and for applying organic technologies made me jump at the chance to be involved."
Right now the stock is not moving. It's easy to make a call. I've added today 400K, 200K at the ask and the other 200K above their 10K bid.
I'm up already on both of these purchases.
Those, who will cover/buy first will, be very happy later...
Just MO.
My guess is the run may start later today, when they see they cannot cover by lowballing.
This is what happens when the small public co gets a license:
TWD.V went from $0.005 to $4.30.
http://stockcharts.com/freecharts/gallery.html?s=twd.v
Another smart move by MGON management is that they've listed on US OTC. No naked shorting is allowed and we have much wider market.
I totally agree. My estimate is very conservative.
All good questions! We've got, IMHO, all available links and clarifications from the most knowledgeable investors here.
Of course some would want to invest when the deal is 100% done. It's all a matter of how much you would like to pay for this stock. Once we'll get the license approval the price will catapult 10+ (or more) times the current pps.
At this point, I feel there may be 10% risk. I'm taking this risk vs a huge reward. I've accumulated MMs or shares and sleep well at night.
Good! They don't waste $$ on glamorous offices, while they're building the business.
Fidelity.
Great, you've shorted, but how are you going to cover???
I will some of my shares, if you offer me the 0.25.
The PR is coming... I can hold for a couple days.
Just remember: They can short, but they CANNOT COVER. Obviously the weak hands are gone and the current stock holders are sophisticated knowledgeable bunch, who have done their DD (thanks to MONEYMADE!). That is why there is NO VOLUME. Nobody is selling. We have gold and we're not going to give away it to shorts for copper.
Now, if mms want to cover, they would have to do much, much better than their offer of 0.0113.
This continues shorting is just shorting the rope that they have tied around their neck.
"PENNY STOCK DREAM" - thank you for finding and posting:
"...Keep in mind that this is a medical mj related play and as you all know, we have seen significant success with these in the past, with platinum members seeing more than 4,000% gains on such plays, in a matter of just 4 months this year, so watch closely, because things could get very interesting from here."
I'm adding more.
I have never invested in a penny stock before, but this is an exceptional opportunity.
The FUNDAMENTALS AND THE CHART BOTH LOOK GREAT.
e-mail from the CEO: WE ARE GOING TO LOOK INTO THIS
"Thanks for your interest. We are going to look into this and know of no reason why they are doing so"
Magaly"
THANK YOU MONEYMADE for all the great DD!
By all accounts it's a jewel of a co with a very load in a very HOT sector. According CEO's email they are EXCEEDING ALL RECVIROMENTS.
The acquisition by a larger company would make a lot of sense. The multiple bids may follow.
I've sent my email to the CEO.
Fidelity is no problem. I've purchased 2M additional shares yesterday.
The mms are not showing the actual size of the asks since 11am this morning. I've had a couple large qty bids that I put above asking price this morning. NITE has never shown my bid and has filled only 10K and 9K shares for each.
After I put my order he immediately moved the ask one penny up and kept the ask only at 10K all day.
This practice must be illegal. It would be great if all of us send a complain letter to FCC.
I've also sent a complain email to:
To: Jonathan Mairs
Managing Director
KCG
Phone: 201.356.1529
E-mail: jmairs@kcg.com
I'd like to inform you that I will file a complain to the FCC after hours today about the irregularity of trading by your mm NITE.
This morning I've put two large orders (200,000 and 500,000) above with above "ask" to buy MEGOLA INC COM(MGON). Both times your mm has not shown my "ask" and filled only 9,000 and 10,000 shares on both orders.
Since 11:29 he's been listed only 10,000 "ask" size and has been filling only 10,000 on all other orders, pocketing a large (%% wise) commissions.
All day long, we investors, are be able to see only 10,000 ask. So the investors were not be able to put a buy order according the size for the asking price.
Sincerely,
----------------
AMAZINGLY ENOUGH MY ORDER HAS BEEN FILLED A FEW MINUTES AFTER I've SENT THIS EMAIL.
Fidelity just called me to loan my shares to short sellers at a very attractive dividend. I turned down the offer. Those, who have or thinking about doing it should consider the risk of not getting their shares back.
If the pps suddenly would soar up, this outfit most likely will be bankrupted and not be able to cover their short position.
In any case I'm not willing to help the shorts.
You're right!
Since I don't want to be accused again of being a company agent, somebody else can ask the questions the board has and then post them, so there won't be multiple emails with the same questions.
brooklyn, you'd better check your facts and stop putting your groundless labels on people.
There are a few ihub posters, who know who I'm and you're not one of them. Your post is way out of line and can be taken as a libel.
Steve is no longer listed as a contact, so he's not available for questions.
Before anyone could've contacted Steve, and many had done so. Many investors have had a justifiable concern that he's spending too much of his time on these messages.
Now any investor can contact:
Dave Mossberg
Three Part Advisors
817-310-0051
threepartadvisors.com
FUNNY!!!
Whatsud, I'm still here. There is nothing new to post, or talk about now.
If I see anything new to post, I will.
Once again, someone foolishly posted a "market sell" order.
From $1.18 to $1.12!
PLEASE DO YOUR SELF A FAVOR AND DO NOT PUT MARKET OREDERS ON OTC/NASDAQ, unless you just want to give a very nice present to a market maker.
I would never put a market order on ANY OTC stock. Didn't even contemplate such...
My rule is: the only market order one can safely put is on the NYSE.
What was that 9:46 - 877 shares sale at $1.25?
"The "reality of the situation" is that this a Company on the verge of its "company-maker" event. This "company-maker event" is what Peter Lynch of Magellan Fund fame always looked for in his Next Big Idea."
MrGR - thank you for this quote! I agree with you: it's perfectly applies to Destiny.
No news yet, but the pps keeps climbing up everyday. Someone is accumulating thousands shares.
They're also act for some big short seller. We've seen their games more then once.
For instance: posting the multi 100 points asks BELOW bids. Retail investors don't do it simply because they can't afford multiple 100 shares commissions.
"Canaccord Genuity Wealth Management meets investors' individual needs by searching the globe for investment opportunities. Drawing from our global network, we look at both the bigger picture and the finer details. This enables us to deliver long-term investment strategies, as well as informed, near-term solutions that make a difference locally to wealth management clients in Canada, Australia, the UK, and Europe."
Yes, I saw it as well. Funny!
Nice closing today.
They are not out by any stretch of the imagination. They are still holding over 700,000 shares at $1.65.
I'm just clarifying, so your message would not be misunderstood.
Phil, check the Ch Money Flow. It's even higher than stock was below $1 last March. At that time it's also just jumped over 50MA and from there it kept going all the way to $2.79.
The SAR also just became positive and the volume is increasing.
No wonder CSTI, NITE and ATDF have been razing their bids in price and the volume.
You have a point on one hand. On the other hand, previously we were going down on the same small volume...
Thanks, MrGR.
The stock has finally broke up and is now above 20MA and 50MA.
All indicators have been improving and are in a positive territory now: MACD, RSA, Fibs and Stoch.
The BBs have been indicating new trend and it's already has started:
"Bollinger Bands has closed below upper band by 21.2%; above bottom band by 78.8%; Bollinger Bands are 53.6% narrower than normal. The narrow width of the bands suggests low volatility as compared to DSNY's normal range. The bands have been in this narrow range for 33 bars. This is often a sign that a market may be about to initiate a new trend."
These are only my personal deductions.
Clipstream and MPE are both brand new tools. The most innovative new products, regardless of how good they are, at the beginning are very hard to sell.
It's much easier to sell something that is already in existence. You can read the analyses on the newer products. They usually say, this one is the same as so and so has. And they have made gazillions of $$ on it. Such products/IPOs are sold very quickly.
The truly new inventions are much harder to sell at the beginning, but than we know what happens after a while. Here are some examples from history:
""The Americans have need of the telephone, but we do not. We have plenty of messenger boys." -- Sir William Preece, chief engineer of the British Post Office, 1876."
(Some executives could've been having about MPE, lol)
""This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." -- Western Union internal memo, 1876."
(Is this what they've been saying about Clipstream?)
We've been asking why Steve has to sell at low prices and give some freebees? I think that is why.
Shazam is using MPE software practically for free now, but would have to share revenue next year, or would it be Apple?
In the meantime MPE has already been used and trusted by the heavies. So now it's easy to sell to others.
Now MPE has taking a hold and the new clients are very profitable (Sony's revenue is 100% profit).
Clipstream's Automated product is already started bringing revenue.
This all just the tip of the iceberg. The potential revenue is in the billions. Perhaps this is why someone is quietly accumulating daily.
ATDF is on the bid for 12500 at $1.13. At this time only 100 is offered at $1.14. The rest asks are going up and up.
http://www.otcmarkets.com/stock/DSNY/quote
I see someone has started accumulating this afternoon at $1.12. Yesterday it was at $1.10 and today someone got another 9800 at $1.10.
If someone wants to buy in higher qtys they have to buy at $1.13-$1.14.
The stock is well above 20DMA. If we close at $1.13-1.14 we'll break up above 50DMA.
As you, MrGR, have pointed out we have strong money flow into the stock. It started from Feb 19th, dipped once for a VERY short while by the end of March and then accelerated even higher in April.
All good signs. Besides the CEO, some smart money are loading up.