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it really depends on what they are actually doing. if they are only selling the systems, not actually making them, it really wouldn't matter where their office was.
anyone know for sure that they have someone building these for them and then delivering them to site? i remember reading that somewhere but not sure how reliable it was.
doesn't look like much of an office...what do you guys make of this?
scobby55 i talked to the realtor, not a joke. he said that if the place did get leased out medclean would be moving to their new jersey office.
i don't see why medclean needs a huge place with a warehouse and loading docks if they don't do manufacture and shipping in house, this may be another good way that they are saving money if all they need are offices
wait i thought they had someone else manufacture and then deliver, why do they need a warehouse?
i just spoke with the realtor, he said they would be moving to their new jersey office, anyone know the address or any info about that office? the new jersey office is mentioned in this pr
http://www.medcleantechnologies.com/news/Releases/MCLN_NJ_Approval_12May09.pdf
i was just waiting for someone to bidwack it back down at the last second. weak close but i'll take it.
just called it again its back up
doesn't sound good, has anyone here ever got a hold of the company?
there will be more flippers in between once it gets moving but i do agree that we could get there very quickly once volume picks up
of course as soon as i get some funds and put my order in at .02 the ask moves up haha oh well maybe someone will sell me cheapies at .021
yeah i dont get why this guy didn't sell all his shares yesterday when the volume was here, this is ridiculus
wow now down to .019
300,000 at .026 anyone know if that was buy or sell?
anyone else see that 250,000 share buy at .026! took out one mm now 0.026x1 then up to .03x2
smitter i think your right, DOMS is sitting on .0345
25 is down now we got two mm's on 26 then up to 28 and then 3
haha ok mdman you got me, i won't sell those 30,000 at .03
honestly though from that article and the dd i've done the past couple hours this looks like a great investment. i know your not supposed to invest in pinkies but hey sometimes you find an exception. fundamentals look great i'm still a little worried about someone dumping a lot of shares, especially if there isn't much volume to buy them up. i'm sure you've already done just about all you can to look into that by now i might give the ta a call anyways though and see if i can get any info i'll post whatever i find if anything.
mdman and others who are long here, mind if i ask about long term predictions?
and thanks again, this seems to be a great board
yeah it started as a momo play gone bad and i averaged down then did some dd and liked what i saw and averaged down again. if it goes over .03 i might sell 30,000 but i'm really leaning towards leaving 50,000 long term. i really liked what i saw on the financial report i do hope they do a 10k next month and we can really get an idea of what we have here.
md so the spas have been around a lil while but they just started trading after aquiring a shell and thats what the shares for the merger went too?
mdman i can be very patient too even with penny stocks as long as i feel the company is legit and isn't moving on momo alone. i'm liking what i see here so far.
the dumping from the merger makes perfect sense, it would be nice to know if they were done by now or not. i did see a big 600,000 sell go through earlier today which worried me a bit.
if the shares were giving for a merger is it safe to assume that the were taken from the O/S and since they were sold the float is probably a bit higher than 10 million?
so far i'm in with about 80,000 shares at .028 i was planning on flipping quickly while the momo was still there but the more i read about the company the more i like it. i might be here for awhile too i'm gonna do some more dd i'd really like to know what the actual float is but it sounds like the ta isn't giving that info up.
and thanks for the reply and link to that post!
thanks tncatfish i dont have pm's but one back at ya
ask is getting thicker 1x.025 and 2x.026.
for those of you guys who have been here since the begining (mdman, IPO$) do you think it's finally started a reversal. i've been going through the old ihub posts looks like its been heading down for awhile even with good news. all the fundamentals seem good i don't understand it. any thoughts on this?
i did, its a typeo. even with O/S of 127 million the market cap is still only around 3.3 million and in their financial for first 6 months of 2009 their income was 1.3 million if they did the same this last 6 months it'd be around 2.5-3 million, which is close to 1:1. most companies like this are at least 1:15-1:20.
point is this company is very undervalued, now more people just need to find it.
yes 10 million float is awsome. i wish i hadn't bought so high but with that low of a float if more volume comes in we will all be very happy
the pr says it was reduced to 127,000,000, either the pr or pinksheets has an error
edit: looks like mdman already addressed this on post 1819
moving lower again. lots of support at .024 but we really need some more volume if this is gonna go higher
26's starting to get hit again
600,000 sell at .027 didn't drop it much though. i just got in, what are you guys expecting for today?
company looks legit
moving up but very small buy, really would be nice to see some volume
bid and ask moving up we might be making some moves here shortly
it was fine for me
what are you guys predicting for next week given that its moved up like this on a friday?
looks like someone is bailing before the action starts...too bad for them
$3 million in revenue and market cap of only $75,000 hahaha this is why no one is selling. this is gonna get very interesting indeed.
did everyone here just discover this today?
ok i think i'm gonna jump in with a small position and see where it takes me. my reasoning:
only half a million volume moved this up 500%, if good news comes out on this or if it hits traders radar's and 1million+ comes in (which is not a much at all) this thing will go crazy and momentum is gonna carry it at least .15+. it looks like this could happen soon with current movement but even if it doesn't i can sleep at night knowing this company is legit and not a penny scam.
it also seems like someone might know something the way all this buying took place and they don't want to sell shares at even a 500% profit.
ask is going up i think this could turn into a monster if it gets any volume
ask is so thin. just a little more volume and this thing is gonna go crazy. i looked over their website and skimmed through their financials and fundamentals look good too. i hate buying something thats already up 500% but if this gets noticed and volume comes in it would be worth it.
any news here? seems like someone knows something is about to happen and 9 million O/S thats crazy!
slowly moving up
its very thin. one at 13 one at 15 and 16 and we're already at our 17 resistance. one more day like yesterday and i think we will break it
that is from 2007 more current info shows it around 900 million