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<<<<Picking up more tomorrow >>>>>>
.0012 close
Yes this week is going to be hot. I'm really looking forward to it!
Agreed no gaps, seriously, plz no million share limit orders above .0114 at the bell, pissing your money away, free money for the MM's. A few dumb dumbs left, so grab their shares at a bid discount :)
There is no doubt this will retest a nickel. Common sense.
If we get enough volume yes.
Such a small OS with a great story. I do believe this will break a dollar in time
This looks good for this week, didn't make a million but I plan to, that's a good one too, looks like quite a few good OTC's plays next week!
Excellent way to trade ALWAYS average in.
I like this, will watch Monday
Wow what a week gang! I bet those guys selling millions at .007 sure feel like dumb dumbs now LMAO!
$MMEX
So legit! $MMEX Purchased Land Real Deal
Engineer initial review *
Like chartmaster was saying, today was a continuation day. Sure would be nice to close hod anywhere above a penny tomorrow. Get some fresh eyes over here. I think it may happen with the permit application updated with engineer review completed. It's so hard not to get excited on this, I'm thinking there are many others feeling the same.
That's right MMEX intends to build in Pecos County. Maybe you should check this video out to see why the town of Fort Stockton is excited for this build!
http://www.clipsyndicate.com/video/play/6820194/mmex_refinery_in_pecos_county
That's right first refinery to be built in 40 years! This thing is going to be all over the news like OJ
Alright sweet! I would be fine hanging out here a little longer building this base up good, this thing moves so easy once the shares are in the right people's hands. I think I saw a vote on Facebook a while back that asked what peoples target prices were for this if permits get approved. There were a few people that said 2 to 5 cents, a few more people that said 5 to 10 cents, and a crap load of people that said 10 cents and above. These stocks move on people's perception of its true value. That was very encouraging. I might make a Facebook account and try to figure out how to make one of those surveys after permits are approved to see what everyone thinks at that point in time.
Exciting! I'm not selling a single share down here, someone should fill the small gap though, many don't read this board and it's the nature of stocks to fill. The MM's gapped it intentionally this morning ( scratching chin emoji). My plan is to sell 10% of my shares at a nickel. 10% at a dime. 10% @ 15 cents. All the way to 50 cents. This way I can secure gains on the way up but at the same time, the majority of my profits will be only 15% gains tax (holding for over a year) I started averaging in late March so that is my 365 day mark.
Trinity Consultants has it covered, they do an excellent job at making sure all permits are covered. There's a reason major corporations go through Trinity Consultants. You should look them up and find out for your self.
That would sure be a nice curve ball though man haha! I'm banking on mid September. Wonder how many more shares will trade under a penny?
Source? Tia
Chart is setting up a cup and handle formation. Good luck to everyone over here.
Very curious to see how this trades today. Good luck to everyone over here.
You're correct, all depends on how it gets bought out. Hanks has it set up so a hostile take over is not possible. If it's a merger with another company then X amount of shares gets converted to the buyout companies shares, if it's an offering price for all public shares, then the bid would then sit at the agreed upon level and share holders can sell into the higher bid that does not move.
Agreed, the 10,000k bpd unit producing consistent cash flow will receive at least a 20x price to earning ratio, especially with the publicity this project is receiving. The more share holders, the higher the PPS.
Hanks has the connections to get legitimate financing with approved permits. If permits get approved, I personally believe the notes taken out this year will never get converted and the OS will remain the same for all phases. This will then become a perfect buyout candidate. It's hard not to get excited but I am patient and can wait it out. Nothing goes straight up, every challenge has some bumps, but I sure do like what has happened ytd fundamentally with this one.
I like the fact that Vfuels not only makes distillation units, but also finances refinery projects. Vfuels partnering with MMEX for the 10,000 bpd unit is key.
Haha alright I'll stay ;) things sure are progressing nicely here
Okay, I'll come back after permits are approved in September. Go time is soon.
The land purchase should be filed because it is a material event transaction. Even though the previous 8-k listed a closing deadline, the details and transaction must be made public.
That's correct, this will be the first oil refinery built in 40 years, this will be making national news! Lots of eyes will see MMEX. Wouldn't hurt to throw a few hundred bucks at it don't you think? (I own way more than a few hundred bucks)
If Hanks does it right, which he has done so far, there will be zero dilution. Once permits are a go, better financing is a given. He can pay off all pervious notes. He has made something from nothing at this point. He's used the notes so far to pay KP Engineering, Trinity Consultants, Vfuels, buy land, and put headquarters in Fort Stockton.
Opportunities like this don't come around very often that's forsure. $MMEX will be one for the record books. I really hope we don't sky rocket up, I'd prefer a slow and steady climb to 2 cents by Sept 15th.
Inching up slowly is the best because there is no major correction needed. Looks like heavy accumulation as we moved up a good amount on light volume today. It appears the flippers are out and the people waiting to buy the dips are are becoming impatient. I think we close above a penny this week. Only people that would sell this stock sub penny are people that have no idea about the company and have done zero research, aka beginners.
I bet no one can point me to another sub penny stock that is partnered with billion dollar companies? (Trinity consultants and KP Engineering) these guys do not PARTNER with scams
Most people don't even understand that this stock is special yet. They just bounce around and follow a few people. Sub penny is such a steal for this opportunity.