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Yup.
fly...a few months ago much of the indicated volume was double transaction counts...imho. You very very rarely see same number block trades any more. A little odd don't you think. Also, the double transactions i'm referring to were not typical 5k block trades either but rather "odd" block trades....9732 shares for instance.
manipulations in true form.
Long and strong though.
TBB
sting...remember we are the little guys...at least I am.
There are definately other powers at play here and they have every intention of lining their pockets before the little retail investor has a chance to even pull his head up from analyzing what the company should have or should be accomplishing. We are in the world of "pinks" and until we are out, new contract announcements, technical or competative progresses mean literally nothing at this point for this stock.
Management has to move this company to a better place, and until that happens this stock seems to be content to remain stagnant. Maybe it was a ploy to really "reel" in us longs. Had this thing popped to .18...how many of us would still be around?
At the end of the day though...who's to know?
Take care sting!
TBB
My best guess is that until we are fully merged with mmxt and possibly moved on to the NASDAQ that this "crap" is going to continue. There is sooooo much manipulation taking place. The powers of "being" in the trading world have done their job of having these two stocks trade at the same pps and I wouldn't doubt if the company's hand is actually at play here to keep it that way, at least until the merger is complete.
The best we can hope for is a QUICK and painless merging process...AND that mmxt does fall any lower.
take care,
tbb
This stock is kicking my a**!!!
Are we all still feeling optimistic! LOL
The best to us all...this will probably all feel like a far off dream in 6 months or so...
TBB
This all seems a bit like the underground trading mafia....LOL
At the end of the day, the proof is in the pudding...REVENUE...it's gotta start showing!
TBB
In a 1:1 merger stock meld...do we get scmi's pps or mmxt pps?
thanks.
Sting...
Instead of all us speculating, on who's right, the yeah's versus the nay's, why don't we send our questions that the general consensus on the board feels were not "clearly and concisely" answered on yesterday's cc. AND if they are still avoided and side-stepped, then we can bitch and moan.
Does anyone want to lead this charge?
Surely it's not a stupid question...Has no one on this board spoken directly to Bill W? Although he took up a great deal of the time yesterday, he certainly came across as having a clear vision and defined goals for the company and where it's headed. PJ on the other hand sounded nervous. Surely we aren't all simply getting and relying on information thru IR...Bill openly said to call him if he could help clarify any questions or doubts in sh minds.
Good investing.
TBB
Has anyone here recently spoken to Bill W./MMXT directly?
Bill is a really sharp guy...
I've tried calling the company but only get a full voicemail system. Reading wise...I've read lots of articles that suggest Motion DNA has an interesting thing going on here and that's why I questioned the buyout from an investment co....
You make a good point though. Although I am still confused on the low daily trade volume.
thanks.
tbb
Skeena, I'm still baffled by the trading volume on Motion is so low and why we're trading so far below the buyout price? Is this really a sure thing? When after the 17th would the shares held by shareholder's be taken private and the cash in our accounts?
thanks,
TBB
Aside from making a quick $1.50 on the buyout, why would Motion DNA and shareholders really want this buyout to begin with. What does Formula 51 offer that would enhance the value of these shares. I have a close friend that is a partner in a multi chain chiropractic facility and he hadn't even heard of Motion. Once I asked him about it and he research he thought how exciting of a company. Maybe the company and shareholders should vote the buyout down and do what is necessary to move off of the pink sheets to a more respectable exchange.
No offense meant to anyone who really wants this buyout, it just a thought and something to ponder a bit.
thanks.
TBB
thanks Neil...
Roxin...interesting article. Did you happen to catch discussion this morning on SquakBox//CNBC?
Could someone please provide some insight as to what will happen to companies such as Sunncomm "if" the supreme court's ruling at the end of this month is in favor of compaies such as Napster...which allows complete file sharing within the entertainment industry? This would apply to music copyrights as well as movie rights.
thank you.
tbb
File Sharing//p2p discussion on cnbc sqwakbox just finished up this a moment ago. Did anyone happen to tune in?
The Supreme Court supposed to make ruling the end of this month re: all file sharing related to entertainment.
If the ruling is in favor of companies such as Napster, this would be detrimental to scmi...correct?
This pending decision appears critical.
thanks
tbb
Excellent post Sting...thanks!
Let's see....
Fortunately I believe other factors bear more on pps. Apple would would be icing on the cake!
take care sahd.
TBB
sahd...
Maybe it's the other way around...Apple at the mercy of DRM. Although I do imagine that a company such as apple would try and "spin" a situation such as this in their favor. Did you happen to catch, I believe on PrimeTime or some such show last night, they'd mentioned that all Ipod 1st, 2nd and 3rd generation buyers would be getting $50 refund due to a lawsuite filed for the products inablility to recharge". Can you imagine what kind could develop if their products could not handle all the new cd's released with MediaMax technology?
What are your thoughts?
thanks.
TBB
SPenny....
I tell ya three babies i have been blessed and do tons of traveling but these board everyone is so full of shhhhh ....I would tend to agree with you, although I have had the fortunate pleasure of "meeting" several who are really good people. We all hooked up back several years ago thru the Sonus Network run followed by the "sons crash"....chapter54/sonus54, trailmix, marketmongoose, sis...and many many others. If you ever "see" them around...they know their stuff.....imho.
TBB
spenny....
Thanks for sharing. Realestate in Vegas...what a fun place! I've been twice. Have a group of friends from Houston that go up quite frequently. We'd probably join them if we didn't have the 3 little ones. Very exciting town!
Again, I didn't mean to inappropriately pry....just interested...
Happy and Profitable Trades to You!
TBB
Penny...I have to ask.
I may have asked you this already, but are you a private investor of scmi or something other? The reason I ask is 1mm shares is $50K of which you'd had 3mm at I believe .07ish?, anyhow that's an awful lot of $$ to risk on a pink. You must be REALLY good at trading as most people tend to only put money they can lose into the pinks.
Again sorry to pry...I'm just in ah...
take care,
tbb
What's the Chance?
Of there being a re-nig on the buyout deal?
thanks to everyone...you're input is very much appreciated and YES and am doing all the dd I can...i will post anything of importance that I find.
thanks again.
tbb
Skeena,
So, if I buy shares today I will get the buyout price? I realize my question is repetitive, but I still don't get why there is not more action on this thing if it's a sure $1.5 or higher profit. Seems like a no brainer to me!
thanks
TBB
Just a Thought.....
This would really SUCK!
As MMXT has been trading above SCMI and ss we've all been worried or somewhat doubtful of a 1:1...wouldn't it suck if scmi bounds quite a bit ahead of mmxt and we do get our 1:1 but lose value when our scmi shares become mmxt.
As a long and a believe in the technology my likelihood of selling to a rally realistically is doubtful. My luck is not the best on buying low and selling high.
The best to us all!
tbb
skeena...when I pulled bio's up on exec's it did indicate that this zig is the same "Zig" that has done public speaking in the past. Bio ties this buy to Bear Sterns and other highly recognized companies. IYHO...though, if a person holds this stock on the date of the buyout, person will receive $3.12 pps?
thanks.
tbb
Interesting...SCMI is now trading slightly above MMXT. 1:1...do-able.
iOWN...
If you don't have the time to do something right, where are you going to find the time to fix it?
I've never heard the saying quite this way...EXCELLENT.
TBB
Please elaborate...Isn't the founder Zig Ziegler the renowed motivational speaker?
What are your thoughts on the company?
thanks much.
TBB
Figured I'd probably missed something...thanks sting.
Did I miss it....? Where's the announcement of a definative merge between mmxt and scmi...We're supposed to have confirmation no later than may 31....
What's up?
thanks.
tbb
New investor question re: Motion DNA.
Why is there not a fury of buying at current levels. From current levels isn't this a sure $2 profit?
I am surprised at the volume not being much higher.
TIA.
TBB
JR...That's a copy and a BIG 10-4!!! You and me both!!
ii2....FWIW I've heard that they are going back and forth on the liscensing agreement.
Don't know anything other than that.
take care,
tbb
Another "dumb....dumb...question.
Dilution...."if" the downward trend is due to the dilution from the issuance of 90mm additional shares...who were they issued/given too, and how does that actually work? There has to be someone or "something" selling shares and my question is
"why?" The stock is pennies cheap, in an emerging industry, positive happenings, exciting forthcoming events...."who" and "why" would shares be selling....Again...feel free to call me "dumb...dumb" but it's all just NOT computing.
RE: management credibility and trust...Heck, over the last several years, between Tyco, Enron, Healthsouth and the hundreds of others, it seems to be pretty commonplace.
thanks again everyone.
TBB
Couple of questions for both sides of the scmi coin.
Has anyone noticed how it seems the share price has definatively set into this downward slide since we've "solidly" been discussing an Apple/ipod arrangement. Back in the 8 cent range Apple/ipod was discussed but no where near the extent we are now.
Also...WHO and where in the world are all these "selling" shares coming from. We have sceptics on this board that clearly hold and are sitting on scmi shares. I doubt it's institutions as they really don't hold pink stocks. WHO are these shares coming from. From a daytrading perspective, this stock imo doesn't seem like a good risk/reward.
I'm just not "getting" it guys....SORRY.
Also, looking at my L-2...there is more chance we see the .03's before we see .05 again...that just ain't right!!!
thanks.
TBB
Question re: mmxt filing....
Risk Factors:
The Company continues to be subject to a number of risk factors, including the ability of management to successfully market the MediaMax technology, acquire and manage compatible revenue generating operating companies to the MediaMax technology, .....the financial loss that may be incurred due to its inability to complete a proposed acquisition of SunnComm, .....the need for additional funds, competition and the difficulties faced by development stage companies in general.
Any comments on this particular paragraph?
TIA
thx JR...i'm not very good with the abbreviations...I thought glta was a stock symbol...duh....LOL
thanks again.
tbb
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