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I think we need to see volume over 50M to really make this move. The same players are flipping this stock over and over. Only substantial news or financials will bring any volume that will be short lived. This is only a penny stock, which gets very little attention, better odds on a slot machine.
Lack of volume, waning interest, don't see this getting to a penny by the 22nd
Chipping away at that block slowly but surely.
Finally, hopefully this will push it high enough for a successful RS
Followed another stock that just did a 1-20 RS was at .26 and went to 9.45 then back to conversion price. Losing money and trying to raise capitol to survive. MTDR is looking positive on all fronts, hope it's a win win for all.
Any word on the street if there is going to be any PR or releases before the RS
Disinformation, lol, looks like thats what you've been spewing. If you believe the company to be that dishonest and a worthless stock then why you here. Your magic ball better than ours?
Really thought we'd see more of a sell off than whats happening. With all the chatter of this being a failed stock with the restructure it's not showing up yet. I was expecting low 7s or lower by now.
History is on your side, a vast majority of stocks especially penny stock are doomed with a RS. One thing they also all have in common is declining financials. This may be that rare beast that performs with a lot of ifs. If their financials are good, if it can hold over a $1 (after RS) and if it get listed to a bigger exchange. Base on what we know currently this is a real possibility.
ZZZZZZZZZZZZ
I don't normally play the pink sheet, but have been burned in the past by RS. BUT, that was a company fighting for survival, I'm hold just to see how this plays out, your right the 22nd will be an interesting day.
Im holding 800k shares, it'll profit as long as you can wait probably a minimum of 6 months
It'll tank without some extraordinary and verifiable news. Big investor and financials
Initially the value should be the same, just wait & see how it runs afterwards.
bids way up, people are loading. volume at 4m in 20minutes.
Where does .01 come from, I thought they converted the current price at the time of RS
If they rs and hold value thats one thing, I've had a stock rs in the past and tank to the same cost per share as before the split and lost my a@#
So what is the consensus here, buy/sell/hold?
Looks like they've been splitting it up to dump it.
Wall is melting away
Company is doing better than ever, showing very positive growth. Should outperform any past milestones
As news circulated we'll climb that wall, if their financials back up news I see this going over .10
Based on events over the last 6 months and great news today, anyone see this stock as a long hold vice a flipper stock
Over .02 by end of day, .04 by end of next week
and then all the cheerleading "time to load up"
Looking at their past filings, which have been 6 weeks after quarter ending. Why are they delaying???? Give us some financials already..
That .0105 wall is going to be hard to climb over today
bought this before the last bubble, it came and popped quick. If I would have sold then I would have made 50k in 24hrs
Worse than watching paint dry
Ready for the rollercoaster unless they finally post their financials.
They have a patent on the product, according to their website they manufacture inhouse. Where did you find this info, seems scketchy
I see the same thing, same small group buying and selling. Don't understand why they would buy 100k shares and sell for .0001 profit
Need more volume and not the same 5 buying & selling to each other
lot of shorts being played, see some flipping every 10-15 minutes
Well I was wrong, hit .01 today
we'll see, be over .01 by end of tomorrow .02 within 7 days and hit .05 by first week of March.
this will hit over .02 within the next 7 days
They must have some great news to put out. They gave bonuses to 7 employees a total of 135,000,000 shares. Thats over 1 million $$$ at current price.
How low will it go, this stock has been turning into a big disappointment. It's like the management loves driving its own stock down.
Well it passed the test .0075