Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
All of Friedman's PRs seem to mention "Shareholder VALUE." He wants to do what is best for us and increase our value. Well unless I am missing something, my value keeps DECREASING.
Today another all-time low was hit at .0057.
Anyone else getting a National Treasure type feeling? Like when Jon Voight says there is always another clue. Today Friedman says we have to wait until the end of September for another dividend? What will happen in September.. the 20th he'll announce it was cancelled? All talk no action...
We'll see what the 10Q says...
That might be why the stock tanked? Maybe people know what is coming?
Sorry.. had to vent.
What was that?
Bid was at .0030 and ask was at .0130 ???
Wow I just got home today after a day of golf and see news was released and this thing is DROPPING FAST.
Wow, what a disaster. Look at the volume too!
I just read posts of people saying this stock will be over a penny today and they are glad they didn't sell? This is down another 20%!
Did Friedman post the wrong correction? Instead of correction it was 36 million, maybe they ADDED 36 million shares?
Does anyone know how many employees MWIP has? I can't find it in their filings...
If the 10Q lists another $7K in revenue, this stock might go to .0001 and Friedman should be jailed for Fraud. Also, I will be dumping regardless of price.
What a recovery today by the market... where was MWIP's recovery? Still at the all time low...
I won't be satisfied until Friedman is thrown in jail.
I care because I might jump back in at .0030.
I'll jump back in at .0030... that is why I sold.
No, everyone dumped their shares yesterday.
True.
Wall street seems to be rebounding today. Why isn't MWIP?
I can't believe you guys keep pumping this dud. Get over it... 3 PRs have been released since the original one on June 7 and it is still down...
The stock is at over a 50% loss in the past month...
I don't see that loss with other financial stocks... something isn't right.
Back in July, wall street had 8 straight green days. My stocks went up 3% a day for 8 straight days, it was great; yet, MWIP went down those 8 days... so wall street and this stock are mutually exclusive.
I need a 100% gain to break even!
What a dud this has been.
I am NOT glad to say that I had an opportunity to sell at .025 in June, but didn't and have lost 72% since...
Probably not.
The thing that bothers me the most is if you read the shareholder letter on June 9. Read it again, and look where Friedman outlines the events to happen the next 90 days. You can check off "didn't happen" on all of them.
In penny land.. no news is bad news. Stocks don't just go up in penny land if there isn't news.
Well so much for the upswing from yesterday... looks like this thing is continuing the dropping pattern. Am I the only one worried that every share I own might be worth .0001 soon?
I see people are still pumping this stock. I sold at .0012 a few weeks ago and was told I would be sorry. Uhh... the price is at .0007 now. Looks like I'm "sorry."
Can't believe anyone would buy this stock. Look at the most recent 10K... not much in sales but they have PLENTY of G&A expenses. Have to pay their own salaries...
Are you still long term? or you waiting for the next PR that hopefully gets it to a penny before you dump?
I am reluctant to average down any more. I am not going to put more money into an uncertain stock, especially after what happened yesterday. I see this stock is capable of a collapse of epic proportions. That being said, I'm only in this stock to hopefully recover losses, that is it. This stock has already failed me. I need a 100%+ gain to breakeven on all purchases.
It seems like someone is trying to keep it down. The bid is at .0076 and the ask is at .0080, but the price is still at .0070? Not to mention, the bid/ask is 5000 5000 which is standard.
This is honestly a first for me.
I've had plenty of times where I jumped in on a running stock and I got in late and the pullback put me at a quick 40% loss. Hey... it happens... but this is different.
This stock plummeted 30-40% from its support and standard level in a day. Everyone who owns this stock, unless you short it, is down big...
Assuming the tanking stops and we don't see the .005's and .004's and so on... we need a 50% gain just to hit a penny again! That is pretty steep...
There is just one problem... their website is down and I can't reach Friedman by phone or e-mail. Is it just a coincidence that their site is down the same day the stock plummets?
I find it odd the website is down...
The website is down?
Maybe they can't pay the bills?
This company might be out of business...
Are you able to get in touch with Friedman?
Someone on here said they spoke to him.
I want to know what is going on.
I've owned stocks that filed for bankruptcy and didn't tank like this.
Are you still holding? lol
I want to hold, but this might hit the .000's pretty soon.
What a failure of a company. Stock price is now at an all-time low. As I said before, I'm giving it until the end of next week or the 15th when the 10Q is due. If I don't see substantial improvement in revenue numbers, I'm dumping and taking my massive loss...
I agree.
I was confused because management tried to spin it that they were giving us a dividend, but we were just getting more shares to minimize the dilution of already owned shares.
I'm irritated by the fact management keeps changing their course and throws out lies.
Mid-August is it for me... if the 10Q isn't reasonable, Im dumping.
.007's tomorrow?
It looks like someone just dumped...
This thing is now in the .008's... not looking good at all. With news no where in sight, thie could hit .0008 soon.
I've been thinking about the PR released yesterday and I'm starting to think maybe it is good news? Although we were going to get "free shares" ... it seems like there would be a lot of dilution and the registration of additional shares wouldn't increase the value much.
I know what you mean... it's depressing. I held and held and was patient waiting for the "dividend" and I was excited this weekend realizing the deadline was coming. I put my pessimism to the side and figured I'd finally be awarded for holding this dump and POOOOF, the PR this morning is released and the wind in my sails is gone...
I'm curious what DDM has to say about this...
I see we are back to deleting posts again...
I don't know, it doesn't really say much. When is the spinoff supposed to happen of 800 commerce? Are we getting "free shares" still? The fact is, another promise from management didn't happen, another lie.
Obviously it isn't great news... why is the stock price flat and no volume?