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Those blocks will be sold back to investors starting Monday morning. How nice...
I know. I got some now, but I'm greedy =)
I'm hoping it doesn't get announced until Tues/Wed. I've got more funds becoming available at that time =)
I think we see one million, easy.
I am of the opinion that the .01s days are now few. You can continue to move this stock downward and avoid interest when you are recording paper losses on the financials, and people continue to look backwards.
A closer look of the prior 6 months with an end date of 12/31/2009 shows the loss is coming to a screeching halt.
Why the 04/01/2010 capital deal? An April Fools of sorts...
People may think they need money to 'survive' that haven't done enough DD of their own.
I say they turned in a solid revenue quarter when compared to years past, and this was done so that when they show their cards ended 03/31/2010, we'll know this is the beginning of production ramp up.
Check the S1-A for their identified market, small capacity. 200k+ opportunities, all using haul method. They know who can butter their bread.
I believe the move we are looking for is coming...a retest of $.075.
I've been reviewing this thing quickly looking for differences between the last s/1-A and this one, and at this point, all I can find is that the outstanding share structure went from this, 698,914,623 ,to this, 701,519,623.
EDIT: PREFERRED STOCK PURCHASE AGREEMENT begins on page 77 of the pdf file.
Got to leave for work...
BINGO my friend.
Just picked up some shares. Nice alert from BMR. We'll know Monday.
Everyone else get your track shoes on.
You should call Graham to get some answers. Otherwise, you're just a whiner.
This basically tells me that people are holding strong into earnings. Pop!
Don't be surprised if EOY 12/31 figures show you more sales than that. If Salesconx works like they have alluded to for half a year, we should see AT LEAST that much.
I've marked this, turbo...
It's going to be interesting to see if you know something the rest of us don't
Not a full paying member yet, but won't give away a trading strategy I'm using in the future.
For BMTLE, here's my thoughts...
Business is about relationships, and a cursory (really fast) review of this stock indicates they have little to no relationships. In speaking with the physicians that I used to evaluate this investment (said this before), you need 2 items:
1. Insurance billing code (not needed here); and
2. Distribution
The most encouraging thing about MCLN is that they said virtually NOTHING last year. They had their plan, and were in the process of executing the ground work for all the PRs you saw this year.
What have we learned since 12/31/2009?
1. We've got several partnerships with sales and other organizations with access to buyers
2. New product offerings that expand the potential market, and relationships that can assist in getting access to those buyers.
3. More trade show activity, mostly facilitated by relationships they have cultivated.
With all these items lining up, how does BMTL compete? I don't even know how many sales guys, and where, they have in the US.
Not every politician's family member deserve to be leaders or in the same line of work. How does that happen? Relationships!
How is MCLN going to blow right past BMTL overnight? Relationships!
More has happened in 90 days with this stock than any other RMW player in the market trying to compete for market share.
Unfortunately, I don't see real lift off until July or early August's earnings release.
The MMs will short this into the earnings run up and buy them back from you when you get frustrated, again.
If it does, watch the infestation come out on this board, basically saying plenty of negatives to get people to dump with a small profit.
Waiting for the big announcement, and I hope its sooner than later.
3 words...
Manipulation, manipulation, manipulation.
Nice Kamillion. Thank you.
This pretty much put someone in their place.
Great post!
Perhaps if he changed his name to no_ur_BS would be more appropriate!
no volume...no worries at this point.
We will look like this one day soon...
http://stockcharts.com/h-sc/ui?s=FRHV&p=D&b=5&g=0&id=p61419469738
All we have to do is turn up the volume.
Good post. IWEB is a very interesting chart.
Once earnings are out, and if they are good this quarter, we should have strong buying for nearly 2 weeks as those that are unfamiliar with this stock get up to speed on the DD.
Continues to ride the lower bb as support for now.
Like I said, it would have been suicidal to be on reg sho into earnings.
Well, I guess Tex has swallowed all the shares he and his buddies can afford.
We will definitely go up now!
At least you're nice enough to give us blatant signs.
Now this is just getting silly ridiculous! One after the other!
Wake up people. Buy em now before they're gone! This is JMHO of course.
Some time in the next 2 weeks we should see a nice spike. We were added to the buyin imminent list either today or yesterday.
Last time we were there, we had a run to .075.
This is really getting interesting...
They continue to short this one big time! I've thought about this today, and believe the primary driver is not to draw any further attention to this stock than those that are already here. Investors are impatient, and the MMs will wait you out.
What I believe they are achieving through these actions is keeping the stock scanners at bay. They can avoid hitting investor radar for the next few weeks, and frustrate shareholders that don't do their DD into giving up shares for cheap. They'll sell them back to you for double what you sold it to them for.
If we see numbers like 2M in the first quarter, that news should hit the bottom line for the first time, showing positive results. Once that happens, bank on one leg up!
The reason we didn't see it last quarter is primarily because most people cannot see behind the parenthesis in the net income number to truly understand what's going on.
I appreciate Dannols ability to understand and explain the filings. When I first came here, I believed in the product and noted the cash position, but Dannol has provided Tranche explanations that are outside of my ability and time to research.
Thanks again!
I preface this by saying that this is strictly my opinion, and it's going to be a bit nebulous as to not to give a road map for a strategy.
History often repeats itself. If you know what to look for, you have a solid indication of the actions you should take, and when.
I do agree that pinkland often is waiting for all kinds of results (Phase II) or a homerun (FDA approval). MCLN continues to bring up stars from the minor leagues with real potential, and we're not waiting for anything other than sales.
2011 is the year when we really start to make waves. Until then...accumulate, accumulate, accumulate is my motto.
GLTU
WHEN this pops, it should zoom right past .03 with any good financial info that closed 1Q.
would you be so kind as to copy the article, as my work PC is not saying that I have an error and it won't load.
The issue with MCLN correlating with what you mention below is the fact that they are a fully reporting company.
I don't recall too many nay sayers except for pianobenchpress, paulietools and txx on occasion.
Most pink bashing relies on limited info, and catches those lazy people that don't do DD to get caught in their nonsense.
As much as I want this thing north, I'm willing to wait and accumulate.
The fast take downs that are happening again today, and like what happened at 1-1:15 yesterday, seem to be orchestrated by MMs and deny the ability to fill into those drops.
Case in point, I had a buy order within the recent drop, and it did not get filled.
What credibility?
Dannol...do you think closing out the reg sho prior to May is something that will happen? I just can't see holding a position like that going into earnings.
If they catch them off guard with an early release, I think we see a mini squeeze.
I personally do not believe this to be the case. MMs can see the stops people set and can make appropriate adjustments as they see fit. They operate, IMO, nearly autonomous in low volume situations.
I personally think right around 1-1:15 pm today, the MMs decided they wanted more shares for a run up. A volume spike of nearly 500k shares sold in a matter of minutes.
They do this to accumulate and sell back to us when it runs.
Yes, they can be jerks!
Nothing like a good samaritan!
shorting heavily again today. We're going to pop some time in the next 2 weeks to close out reg sho before 05/01.
The MMs are not stupid or suicidal.
I believe tex is making money both ways shorting and long. His posts blow with the wind with nothing that is verifiable.
When he wants to short it again, he's positive. When he wants to buy, 'top line is the only thing that matters'.
Appreciate ya tex, but your font size is 36
You're sounding like a newbie tex...wise up!
You need 2 items to be a success in the biotech industry:
1. A revenue billing code with the insurance co.; and
2. DISTRIBUTION
You cannot make money knocking on hospital and clinic doors peddling a product. The physicians I have spoke with indicate that is a sure path to failure.
What to do, what to do?
You align yourself with established companies that have relationships to get you in the door (check). You have a compelling ROI (check) and you have access to capital (check).
Take some Xanax, lady!