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Really great to see the start of this kind of buying pressure again and to see this message board so positive like it was late last year. I picked up more shares today. If this keeps up, we're on our way to new 52-week highs. Congrats on a great day for Mexus shareholders...we've been waiting a long time for this!
saying MXSG is up from .002 is as relevant as saying it's down from .24
Also would have been useful if any of us had a standing GTC buy order in just in case any noob tried to sell via a market order like that. Kicking myself for not doing it, actually. Could have added big.
Someone really doesn't know how the OTC market works. They basically cut their proceeds in half with that sale. Someone got a hell of a deal on the other end, though.
Strong day. What's an appinion?
There are multiple people here who have been to the location, seen the gold, talk regularly to the CEO, etc. It isn't a fairy tale on this one. This will go up and it will go up in a hurry. It's just a matter of when. And scoffing at the phrase "Mexican gold mining stock" means you need to learn much more about mining.
There are people who bought at .24 and aren't anything close to pleased right now. They deserve to feel that way. Simply telling them to average down isn't the medicine they're looking for I'm sure. We need buyers. But not as much as we need PT to deliver on his promises.
No volume for MXSG right now. $10,000 days in total trades is very, very low. For the stock price to go up, there's a prerequisite...we need to see buying. A lot of talk about the bright future...it's time for those people to start buying shares again here. You believe gold is coming out of the ground in the short-term future? Than this should be a no-brainer buy.
You're giving him way too much credit in stock market knowledge. He's clearly not savvy enough to understand that yet. Just like he's laughably bad in interviews. But he's doing everything he can to get gold out of the ground as cheaply as possible to get it sold and start a new chapter here. I believe that's his only focus at this point.
Agree that the selling is annoying. I get that it's way better than taking on toxic debt and they need to do what they need to do at this point. But PT is responsible for the last 6 months. Buy on the open market? With what money?
The selling, dilution, and his poor communication with shareholders has been by far the biggest reason for this drop since December. Hopefully he's learned some lessons in that time.
That said, he'll also be the biggest reason for the PPS rise if he starts to deliver revenue as many of us expect in the not-so-distant future.
I don't disagree with anyone that he's an honest and trustworthy man. And I understand very well with a junior miner that this is the "pre-game" and a very different situation than what it will be after revenue pours. But we've got a lot of buyers in wait-and-see mode who want to see him actually deliver what he promised.
Depends how you define "dropping."
Was only a few weeks ago that people here were talking about the 3's about to fall as we cruised into the 4's.
Barely holding on with 2's right now.
Still looks thin in both directions but needs more buying volume. Looks like it was a couple of dumb sellers who moved this down. I agree that it could move up in a hurry if buying comes in.
Time for APTY longs to put their money where their mouths are. Many didn't like hearing that this was coming. Now you're seeing prices that are huge buying opportunities according to that logic. So how big are you buying here?
Facts are facts. Labeling them complaints doesn't change that.
All due respect, but you keep missing a fact about this.
And it is a fact.
If there's a disproportionate amount of shares for sale (whether via ownership sales or dilution), it creates short-term downward pressure on the PPS.
That is what happened here since December.
Mexus is not a scam or anything a basher would say. I am confident that this stock will be a huge payday for the loyal longs here and will hit a dollar. Junior miners are not an investment for the impatient. We both have very positive views about the future of this company and stock.
But in the short-term (last 6 months), PT did hurt his own PPS. There just hasn't been enough buying volume to counteract that. And his inaccurate dates were the other issue. He shouldn't have given such optimistic, specific date estimates unless he was positive he could hit those goals.
That said, I'm buying here. As I told you. I do believe a big run is coming soon. I do believe the future is very bright. Yes, it can be seen as a buying opportunity for those who want to view it that way. I'm just not blind enough to ignore causes and effects.
This is last week's news. All due respect, baseballnewssource.com is not the most efficient resource for updates.
Good discussion. In all seriousness, it was very nice to see a lot of conversation here without the name-calling, trolling, etc.
To me, what this debate comes down to is arrogance and ego. Here's why...
On one side, to act as if everything that PT does is perfect and wonderful...well, that's very arrogant. He has made mistakes. Deep down, he knows it. Maybe not even that deep down. That's why he's being so careful with PR releases right now. He's learning that he needs to release news when there's news to release. Not give estimates of dates that turn out to be inaccurate. I respect people who can adjust. He's trying to do that and hopefully will get better at his wording when he communicates to shareholders. I sincerely hope he hasn't ignored the legitimate criticism. It's also arrogant to not have understanding for people here with legitimate concerns. Not everyone who makes a critique is a troll.
On the other side, to assume PT and Mexus are crooks because they ran into delays as they begin this for the first time...well, that's arrogant too. Are people not allowed to stumble out of the gates? Are people not allowed to get better at communication? If you're so locked in this position that you don't trust anything from Mexus...well, that's your ego talking. Especially if you're not picking up the phone to express your concerns with a CEO who is incredibly available. If you've jumped to these conclusions without any basic communication effort...that's arrogance.
When it comes down to it, I'm very confident in what Mexus has. I believe that certain people here are extremely trustworthy as well. Even if I don't respect their personalities, I still respect their integrity. Do I think PT has done a poor job with interviews and PR releases? Of course. Do I wish the delays never happened? Sure. But I think the struggles will end soon. I have enough mining experience to know how many challenges there are when getting started. It's understandable. That doesn't automatically make this a scam. And it doesn't automatically make them inept. I think we are close. I expect some very positive news soon.
Anyone who thinks this price level is the place to sell, it's not that they're "weak," it's just that they're not very smart.
Need to buy and knock off some of the ask. If you sell into the bid, this is what happens. Undisciplined sellers and not enough buyers the last 2 weeks.
Totally agree.
I'm happy to explain all possibilities of what that could be for those who think there is after-hour trading in the OTC.
Nice knocking off some of the ask this afternoon. Would love to see more buying pressure like that. Good signs.
Even if we all agree that this stock is hitting a dollar.
And even if we agree that buying as many shares as possible is the best strategy.
Math still matters.
In the last year, if a person wanted to put all of their money into MXSG stock to hold it for a buck...
They would have a 4 times larger position buying at .05 now than they would have had buying at .20 in December.
Entry points matter.
The problem with "trading" that you're referring to (and I agree with) is when people try to get too cute and miss a much bigger, longer run. The huge majority of people mess it up when they try a strategy like that. I'm holding here like you are. Just also remembering that math matters.
While we're at it, let's just ignore math and numbers altogether.
I was agreeing with you on this stock. But it isn't a universal rule across the board for all tickets. Pretty simple point.
Both opinions are incorrect if used as a black-and-white facts and taken as a rule.
I'm one of the people who has much bigger goals with this particular stock and will be holding. We had a tough few months but I believe it's getting ready to start a big move soon.
As far as other stocks, I've held investments long-term when I should have taken profits.
I've also taken "nice" profits too early and lost out on huge money with a much bigger run.
Both mistakes cost me.
I made 10 grand with a stock this year that should have been 100 grand. I sold way too early.
I also took a small loss on a stock this year that I could have made 50 grand on if I'd taken profits.
There is no 100% of the time rule.
It depends on the specific situation.
Like everyone here, I don't make the right decision every time.
I'm optimistic to be long MXSG here. Definitely loaded up for a big run.
Apparently he sees the future.
Great afternoon for APTY.
That's the difference between shrewd investors and cheerleaders. I'll wait to see if they break in and how big of a break it is before I start dancing. There are many gaming companies out there. It's not like all of them are doing well. That's not negativity...just a shrewd wait and see attitude. Results first. Then dancing.
Why would I care what you believe about me? You're an anonymous person on a message board. I owe you nothing. Not details, not the truth...nothing. So feel free to believe what you believe. But over 90% of people lose money in penny stocks. Odds say you're one of those.
Listen to my words very carefully. How would Monday prove me wrong in any way? In what world do you think I've predicted something bad on Monday?
What you call negative, I call reality. What you think is positive, I see as cheerleading and pumping. We both want the same thing here but we speak different languages. I'm not going to "stop being negative" or "sell and move on" based on what an anonymous pumper on the internet says, though. So you do your thing and I'll do mine. But I'll keep saying whatever I want and you I'm sure will keep pumping and cheerleading. So basically it's all a waste of breath. Nothing new.
This is an anonymous message board and I'm not going to give that information if I don't feel like it. There's really no point. If I say .003, some anonymous poster will say I'm lying. If I say .03, some other anonymous poster will say I'm a fool (even though that person was likely pumping it at that price). I will say I've been here longer than the people replying to me right now. There were only 4 or 5 of us here at that time. That's why Deadsky isn't saying anything in this "debate." He knows I'm one of the few old-timers here. Point is the same as always...we can live without the pumping and people who give bad advice should be able to acknowledge it. In fantasy land, if this stock (that I've held longer than you) goes to the NYSE I will happily admit I was wrong. Let's see if the same is true on the other side.
Your research and expertise would have led to people losing money last week. Feel free to stop replying to me if you don't like the responses.
It's a fact.
There are posts like this for literally every penny stock I've ever seen. The zip-code changer stuff is particularly entertaining. This stock might have a big run coming, but almost no pennies we ever invest in will ever go to the NYSE or Nasdaq. That's a fact.
Yeah, good volume day. Would love to see that continue. Definitely feeling like we're close.
Basically everything you said was incorrect in that post. Not pumping with 20 exclamation points about how the stock will go nuts tomorrow isn't negativity. And nobody isn't letting people be excited. But, at a certain point, if you're wrong every day and ignore that fact then your message loses its strength and can't be taken seriously anymore. Again, I'm invested in this stock but its performance this week sucked. Yes, I have high hopes. Yes, stocks do often correct after a big run. But the performance this week was still not good. People who bought above 3 cents are probably not feeling like writing in all-caps bold font at the moment. A little truth can't hurt.
What's interesting to me is that, in spite of all the caps lock and exclamation points, all of the raving about the stock price this week has been incorrect. I say this as a shareholder. I think we can live without all the pumping here.
Clear skies ahead if VNDM backs off.
Thank you.