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i think someone is having a bad day when they realize they sold 20000 shares of the wrong stock for a huge loss. most likely was a fat "symbol" trade....they forgot to check which symbol was in there.
did you see that?
.0001 ??
Hang on to your seats!! Love to watch this run.
Etrade had 42.25 as high of the daily, but it has now changed back to .179
Funny now the 52 week high shows 42.25......I'm sure that will be adjusted also.
Not really sure. Could just be the MM playing around because they have been bored the last few days....or someone knows something and has not been released yet? imo
They are Market Makers
http://www.nasdaqtrader.com/Trader.aspx?id=symbollookup
I hope they start to cover..... but looks like they are putting a stop to this quick.
I hope they start to cover.
I cant stand these Market Makers. Let this stock continue to run and stop the manipulation. We all want to make money!!!!
They should put her in jail
I have the same fears, but I think we are about to turn the corner for positive trend now.
This is getting ready to Run. Hold on!!
I agree...... I think there will be a gap up to open above .20 and think it has potential to run again.
If we have a good day tomorrow we will be drinking Crown Reserve!!
Last hour to get your shares cheap.
Agree 100%!!!! Settlement has already been reached.
WOW!!!!!!!!!!
I bought more today with Etrade over the past hour and had no problem. got filled very quick.
I have never seen anything like this.
Someone knows something and the MM are manipulating this again.
Someone knows something and the MM are manipulating this again.
WOW!!!!!!!!!!There are 4 MM on the ask at $2.00 and 2 MM on the ask at $1.69......... This has the chance to go over a dollar today if they just let it fly.
buyout? i wish
this is the MM averaging their shorts to bring it down and then cover as quick as possible
this is the MM averaging their shorts to bring it down and then cover as quick as possible
The MM are trying so hard to keep this from flying.
I like your way of thinking.
It is crazy how the MM play this game. Maybe they are waiting for all their friends to cover before letting it ride up?
it might get closer to .50 today. seems to be picking up steam.
You and me both.
WOW...Someone just bought 500,000 shares at .282 = $141,000
This delay must be a settlement
I have been in this stock for a few years and have seen it run up quick and fall right back a week later. If this is the same pattern in the past then it will go back to a penny maybe even two very quick.
CNBC - Home Page
http://www.cnbc.com/id/35348767/
I was just reading the past few filings. Did they adjust the par value from .0001 to .001 ?
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=mdfi#getFilings
Filed in the 10Q on August 14, 2009
Common stock, $.0001 par value: 5,000,000,000 and
300,000,000 authorized: 1,133,021,410 shares issued and
outstanding at September 30, 2009 and 218,493,971
shares issued and outstanding at December 31, 2008.
Then they filed this in a S-8 on December 18, 2009
Our authorized stock consists of 1,500,000,000 shares of common stock, par value of $0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share, of which 10,000 shares are designated as Series A Preferred Stock. As of December 17, 2009, we had 1,133,021,410 shares of common stock and 10,000 shares of Series A Preferred Stock issued and outstanding. Holders of our common stock (i) have equal ratable rights to dividends from funds legally available therefore, when, as and if declared by the board of directors; (ii) are entitled to share ratably in all of our assets available for distribution to stockholders upon liquidation, dissolution or winding-up of our business; (iii) do not have preemptive, subscription or conversion rights, nor are there any redemption or sinking fund provisions applicable thereto; and (iv) are entitled to one vote per share on all matters on which stockholders may vote at all stockholder meetings. The common stock does not have cumulative voting rights.
6,000,000+ in buys in the last few minutes is not bad at all.
Looks like the MM are playing this again. Bringing it down before news comes out. They did the same thing on Jan 22 and then back up on the Jan 25th when the news hit.
He has been right in the past about the news.
If something is leaked prior then a Halt will occur.
I have been here since it was Earth biofuels over two years ago. The only reason I never sold because I was always praying for real news not just fluff. If you friend thinks there is real news with actual revenue coming into the company than that is great......but I will not get to excited just yet.
Looks like the last time the shorts had to cover back around September 18, 2009 the total went 51.3 million shorts to 45 million shorts. we now have around 41.2 million shorts so if news hits that is good this will run pretty quick.