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Here's what the market thinks (I included accum/dist and OBV indicators). People thinking shares are dumped are wrong or both indicators would bend heavily downwards.
This was merely a correction from the last run up, people taking some profits, let it rest and slowly accumulating shares again. MACD nearing the crossover is also an indication this period is nearly over. Honestly, the chart says what the news says: waiting for the new possible catalyst driving the value of this company up.
??? the ma200 is at 40$ on the daily. You must be watching the 30mins chart.
That report anticipates by putting NEWL already on the OTCQB exchange. (lol) The only future it has, unless it goes up 400% and remains there. Another RS is impossible due to the Nasdaq rules.
http://smallcapir.com/wp-content/uploads/2014/04/NEWL-CFA-Report.pdf
a higher PPS will come when we see positive sales results and proof of the alleged contracts. For now this is just going down due to low volume and no buying pressure. Most are holding, most are in profit and just waiting.
0.10 is very possible, but I expect it only by the end of 2014.
People claiming "this will be PPS x by date y" are usually wrong.
MRIB is not a trading stock yet, unless you play with small amounts.
buying here. dirt cheap again.
discount prices now. 0.020-0.025 = loading zone for me
ok, gonna see what's the issue here, since I should have them today.
Do you use keytrade? Haven't seen any extra shares in my account.
Though I held a core since january up till now.
thinking on this one. Following construction progress and will look for trade opportunities in order to accumulate some shares.
Very skeptic though about this megalomanic project which reminds me more of bollywood instead of hollywood.
400M$ still needed...This ticker might completely crash as well and become diluted to the max.
Are there any DETAILED construction plans to see?
I do see one on the hourly....but never count those gaps in. You do?
What gap are you talking about? I don't see any.
and out with half of position before they dump again lol.
Will keep the rest for a possible squeeze. Stop set at 63.
Yup, PHOT is back on my monitor for april 24.
Most probably a big sell at opening followed by the bounce up.
Let's wait and see.
Gonna hit this one more time today. back in at the pre RS bottom, 0.64 lol.
Hey, I would love to see charts with sesame street art :).
Here's a site I always use for posting pics/charts on ihub:
http://postimage.org/
Then copy paste the direct link between the [img][/img] tags here.
Good luck
Maybe she forgets the rules of staying on nasdaq. In my opinion they can't do another, due to the float restrictions and/or market cap.
Quantitative Requirements. To be listed on the NASDAQ National Market, a company must have net tangible assets of $6 million and net income in the latest fiscal year or two of the past three fiscal years of $1 million. In addition, these companies must have a public float of $1.1 million, a market value of the public float of $8 million, a minimum of 400 shareholders, and at least three market makers.
Capitalization Alternative. Companies that do not meet the quantitative requirements may nevertheless be listed on NASDAQ if they have a market capitalization of $75 million or total assets of $75 million and total revenues of $75 million, an initial minimum bid price of $5.00, and meet certain other requirements.
Another RS will be denied, they won't meet the listing requirements anymore. This is their last opportunity to do something about it imo.
NASDAQ National Market (NASDAQ)
The NASDAQ National Market imposes minimum bid price, quantitative and other criteria in determining whether a company will be permitted to list its stock on the NASDAQ.
Initial Minimum Bid Price for Stock. The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00. This requirement serves as a safeguard against certain market activities associated with low-priced securities, and protects the credibility of the NASDAQ market.
Quantitative Requirements. To be listed on the NASDAQ National Market, a company must have net tangible assets of $6 million and net income in the latest fiscal year or two of the past three fiscal years of $1 million. In addition, these companies must have a public float of $1.1 million, a market value of the public float of $8 million, a minimum of 400 shareholders, and at least three market makers.
Capitalization Alternative. Companies that do not meet the quantitative requirements may nevertheless be listed on NASDAQ if they have a market capitalization of $75 million or total assets of $75 million and total revenues of $75 million, an initial minimum bid price of $5.00, and meet certain other requirements.
Peer Review Requirement. The practices of all independent auditors for companies listed on the NASDAQ are subject to monitoring under a peer review system. Also, the quality control systems of accounting firms of NASDAQ-listed companies are reviewed by peers every three years.
NASDAQ SmallCap Market Listing Requirements
Small capitalization companies can be listed on the NASDAQ SmallCap Market if they have: (1) net tangible assets of $4 million, or (2) $50 million market capitalization, or (3) net income in the latest fiscal year or two of the past three fiscal years of $750,000. In addition, these companies must have a public float of $1 million, a market value of the public float of $5 million, a minimum of 300 shareholders, and at least three market makers. Also, these companies must have an operating history of at least one year or $50 million market capitalization. The initial minimum bid price is $4.00 and the same ongoing minimum bid price and peer review requirements as are set forth above apply.
- See more at: http://smallbusiness.findlaw.com/business-finances/markets-and-listing-requirements.html#sthash.X5Fq3EuS.dpuf
A little bit more down and this guy's account has more shares ;)
Patience is a virtue, in both ways.
there is no certainty in the market or everybody would become rich.
The stock action doesn't always reflect the company on the pink sheets or OTC. Much more the MM's and traders.
Typically for hyped stocks. Huge surges, huge falls, always overreacting.
Adding here and if it sinks further, again on the MA200 level.
I'm playing with the idea there is a huge gap of 46c, march the 6th and the enormous (green) volume on march 14.
Plus the market cap making no sense anymore (the ships + the mine), unless they lie to investors in every PR (which is illegal).
possibly, though that news hit a few weeks ago the wire. Nothing new, rather a confirmation of what they announced before.
When Hanover is done selling buyers will come in. No idea when that is though.
Now most sell with the slightest uptick, so this ticker sees no chance going higher continually for few days.
The start of what some of us have been waiting for?
Pretty much all indicators are extremely bottomed out. The DI, I haven't seen a gap that wide for a long time. Market cap is laughable.
The bullish idea can be seen in "this needs a correction, and not even the slightest".
It does takes guts to enter and maybe even some silliness, I'll admit that.
It's juggling with fire....But that's what I like :)
Realism vs optimism....or traders vs longs. Where are all the wild PPS predictions MRIB would be this week?
It hit already my 0.025 prediction yesterday. Don't be surprised it will see 0.020. Waiting and accumulating again.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99586694
Wrong. Stop saying "no" for the sake of saying "no". Absolut even has a Mexico edition. http://absolutmexico.com Mexicans are heavy drinkers, I see potential there.
I just had a look at the 10 year chart. I had to laugh seeing their top price at 80.000$ july 2005.
This one could have made some filthy rich shorting it.
I also think this will have huge green spike any moment. Starting to accumulate now when most give or gave up. 5 red bars...green bar must come any day now.
a channel which only investors, shareholders and traders watch...and even then...it's all paid. It's your shopping channel for stocks.
So no, MoneyTV is NOT the way to go to advertise Marani to the worldwide public.
As you will see, sales recently was mainly from the audience they reach: investors. Joe on the street never heard of it yet.
I'm sure members of that group have MRIB on their list, it's been spotted before. Also, I see no benefits in how an analyzed chart contributes to undervaluation awareness. You're talking about fundamentals. Traders don't care about fundamentals, but about volume (which is lacking here) ;)
If you take the chart with you, it's easy to see.
Resistance people here care about and like to see broken is the 0.05 line. Main support is in the low 0.03. As you see it's trading in between those 2 lines for a while now.
Liquidity is low, so wide spreads (bid/ask difference) and pretty useless to go more into detail.
This stock is consolidating and will jump whatever direction triggered by major news catalysts. And that will be first sales results or signed contract deals.
Thanks penny & belgian. Sounds promising, yet once again I didn't hear numbers. Sold out how many? Exactly how much are we talking about? 10 bottles each day? 10 cases? "a few cases"...Details, Marani, facts, numbers please.
I can't see this interview. Blank page, nothing gets loaded and when i hit the source of the video, i get a 404. Moneytv....or how websites were done mid 90's. *sigh*
Anyone having more luck?
lol. psychology from where? message boards? Or does the stock talk to you on the sofa?
Emotional trading is your number 1 reason for failure.
A dividend of 5% might sound nice, but with these low liquid volatile stocks...I have second thoughts about it. Sometimes the bid/ask spread is even higher than 5%
Thanks & Good luck...I'm waiting. Looking at 0.025 (support) to 0.020 (MA50 which usually gives solid support as well).
MACD, stochastics, DI, all bearish for me. More room to fall.
Don't trade on my reasoning though, I'm just sharing thoughts.
Please do learn about charts. Seems you bought at the top. Charts help you when to buy and sell.
It's trading in a channel from 0.035 to 0.050 since two weeks ago. Never hurry to buy a stock and certainly not based on the pumping of some here or blogs/boards etc.
If you missed the first run, don't worry, it always comes back down (30 to 50%) and this one was no different. Many spoke against me when I called the pullback, but here we are.
I'd say 30's to 35's are good buys now. Chart found solid support there.
Olala, time to buy here again. ANV, my favorite miner.
You are not alone, don't worry. I'm not impressed by the marketing, and not yet impressed by the distribution. Holding some horses here, but half I sold on the run up. I know it's all a start, but unfortunately the only ones I see excited and know the product are shareholders. I like to look beyond this and the marketing failed so far. Marani markets for shareholders/investors, not for retail buyers.
They should campaign and create awareness to the worldwide public.
I don't agree. Going down a bit on low volume is nothing to be worried about. High volume and red is worse. May the past be an example.