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Agree with you on the volume point. All I see right now is retail doing their thing with a stock that's getting a lot of chatter until something big happens or it doesn't.
No, I don't call people idiots. I comment on behavior. And when I say the stock is going up, it's understood that the sentence starts with "I believe." That is what I believe, nothing more. But I do have a better understanding of what has been happening here and what this company is than many of the people on message boards.
You saying I speak in "absolutes" is you using an absolute. Your "don't trust anyone" repeated slogan is more of an absolute than anything I ever say.
Once again, I was correct. What exactly was so wrong about saying there would be plenty more shares available in the 2's?
There is something that newer investors never seem to understand with a stock like MXSG:
They'll see something like the last 6 months here and make generalizations on what "everyone" is doing. If you watch thinly traded stocks for long enough, you learn that 1, 2, or 3 people can work a price down on their own if the absence of much buying action. It was bound to happen when people picked up millions of shares for as low as they did. There was always going to be a couple of people who were impatient and impulsive doing something like this ("flooding the market" with their shares while moving the price lower and lower). The truth is, if they were a little more patient and disciplined in their selling, they would have made much more money by not walking it down like this.
Yes, becoming a company that sells gold and makes money will move the stock price up. But even without that, we would move up quickly if a couple of sellers changed strategies. This stock will go up. When it does, it will go up fast (again). But we either need more buying or more disciplined selling. And, yes, the right news can be a catalyst for both.
In spite of your strong disagreement when I said it would dip under a penny last week, that's exactly what it did. All I've said now is that there will be more shares available in the 2's. That is going to be correct too.
Referring to the end of the day. The last hour volume. Got propped up by someone (probably from here) showing up with that 500K bid. Was ready to hit .025. It'll get there. Nothing wrong with that. Normal trading. Churns around on the way up. But there will be shares to buy again in the 2's.
I don't think it's a scam. I also don't think it's a sure-thing slam dunk. My only comments have been about short-term trading. I called it going under a penny and was correct, in spite of all the people disagreeing. This isn't done with the 2's yet. Almost all of the volume this afternoon was under 3 cents. The tape was painted to make it a green close.
Big volume today. Just about ready for another run. Look no further than what it did last month. When it moves, it moves fast. This will double in a hurry.
This was a very important PR. Agree with every word in your post.
Congrats on the huge day, RVUE shareholders
This is a big part of the problem. I make a legitimate critique based on facts. And then you spread unfounded rumors and lies.
I respect any reasonable response and also appreciate your kind words. But the fact is that misunderstandings do happen when people attempt to decipher "poetry" style writing, rather than direct talk. This isn't an insult or an opinion...it's a truth. If you're ok with those misunderstandings occurring, it's absolutely your right to have that opinion. Just like it's Don's right to write that wa. Personally I think we could all live without namecalling, though, when we're here for the same goal - to make a killing from MXSG being a huge success story. Anyway, I appreciate your response.
Don-
We all know how important you are to Mexus. I've thanked you for it before and I thank you again.
My point, yet again, is that your posts are written in a difficult-to-read way. There are many people who don't understand them. And some misunderstandings happen because of that. People try to decipher your words and do it incorrectly. In spite of your love and incredible efforts for Mexus, sometimes your writing style has hurt them. Take that as you will, but it's a fact. Unfortunately, you seem to make enemies out of people who criticize you in any way. You respond with personal insults and get angry for no reason. I wish that wasn't the case, but there seems to be no way around it.
If you asked for people to translate your posts back to you, I think you'd probably be very surprised with the responses. I'm sure you were trying to be helpful but very few people can understand your posts.
A few interesting things today...
-First non-red close in a while.
-The big .01 wall from INTL was getting hit hard.
-The weird buy-at-the-ask-and-immediately-see-the-price-go-down craziness we've seen all month wasn't happening.
Just pointed out the short-term downtrend and some people freaked out. Said it would go below a penny and it did that within 48 hours. Where is the bottom? .009? .008? .005?
This. Is. Going. Under. A. Penny. Soon.
That's all I've been saying. Nothing more. Not whether it will go to zero or $100. But if someone wants in on this play, they'll have a chance to get more shares cheaper.
Price continues to get walked down basically every day this month. If you want in on this lotto play, wait until it dips under a penny and get more shares.
Thank you for the reasonable reply. Part of doing DD on any stock is making sure you don't get too emotionally attached. There has to be some acknowledgment with RVUE that there is at least the possibility of losing big here. Appreciate you saying that. Not rooting against anyone here but it's far from a sure thing.
I understand very clearly that the stock is down 50% in 3 weeks and people keep talking about how life-changing it will be. All while there are plenty of shares available under 2 cents that those people aren't buying.
Selective reasoning. This has been a strong downtrend all month. Down almost every day with a significant PPS drop.
Wrong. At the start of the month, it was 2 cents a share. Today, it dropped to .0101. That isn't a case of "no one is selling." That's a 50% drop in 3 weeks.
This hasn't been a "drift." It has been a drop every day all month.
Interesting that with all the talk like that, the stock keeps going down. Almost every day all month.
PPS cut in half in the last 3 weeks - from 2 cents to 1.
Down another 10% today.
Doesn't take a detective to realize this is a downtrend. It's barely hanging on above .01 with the help of a lot of tape painting.
Before people jump to defend its prospects, remember I'm not saying a word about that. Just if you're trading the stock, it has been (and continues to be) on the fast track to drop under a penny.
This is dropping under a penny.
Pretty clear this is going to go under a penny. News today is not nearly as black and white as some would think.
I'm out. Best of luck to anyone still holding.
I prefer seeing that 500K order than the every-day-for-months 10,000 shares at a time walking the price down from VNDM. But really hate both.
Fyi VNDM is at .065.
Such a simple but smart post.
Awesome post.
Haha my thoughts as well.
Haven't been wrong once. And was the first one to post about VNDM helping others see. No clue what game you're talking about.
Incorrect. We have to get through VNDM. That shows as 10,000 but it's more.
Never mind. VNDM is back from a nap. Just sitting at .08. Yawn.
Speculators about stock price should actually pay attention to details. Looks like VNDM might be out of the picture for now. If that's the case, a little more buying and we're ready to make a run.
Not true. Just gold.