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Yes, FXPT has been on the list for a month.
Yet in that month that they've been talking about FXPT, MMTE has never been on the list. I've also looked at that site's list of touts: http://www.pumpsanddumps.com/p/directory-of-touts.html and NONE of the sites that have mentioned MMTE lately are on that list.
Yes, both companies are run by WL, but they're two completely different companies.
Well at least we finished even and had some decent vol!
That must be the description of MMTE on some listing service. If you throw that EXACT line into google, you'll find tons of pages on other stock sites that use that description of MMTE.
EDIT: It's in the business summary on yahoo:
http://finance.yahoo.com/q/pr?s=MMTE.PK
Verified..
OTC Small Cap Penny Stocks.com does not appear on this "pumper" list:
http://www.pumpsanddumps.com/p/directory-of-touts.html
I got the information from MMTE's site, and they don't have formal information up there for those concessions yet.
If MMTE were a scam, we'd have a caveat emptor status.... and we don't:
http://www.otcmarkets.com/stock/mmte/quote
(notice the OTC Pink Current Information tag)
Seroiusly.. MM's are practically like, "COME ON GUYS!!" yet we can't get any vol..
Still, L2s look great!
UBSS 0.0007 30400
NITE 0.0007 1850
ETMM 0.0006 -31672
ETMM 0.0008 710
UBSS 0.0009 24708
NITE 0.001 2500
HDSN 0.0011 50
I'm also looking forward to a good day! We're already climbing those most read/most posted lists!! The interest is building.. let's see some matching volume!
http://investorshub.advfn.com/boards/most_read.aspx
http://investorshub.advfn.com/boards/most_post.aspx
Here's the DD on that report to find exactly where MMTE is mentioned:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66097818
I like sharing info when I have it so that everyone can benefit.
Wow.. I know not to get hopes up pre-market, but B/A is 7/11 right now...
Links to pie in the sky projects that MMTE is years away from...
yet
"The DD is out there, go look for it," when it comes to relevant "here and now" information that would actually help the PPS go up.
I don't get it.
Not to comment on WL or anything.. but the SEC and FINRA don't exactly stomp down on the doors of pinkies when you're talking about jail time. It takes a much larger problem to draw that type of attention.
Take overcash for example.
Again, don't misread that as me insinuating *ANYTHING* shady against MMTE... I'm just saying that the fact the SEC and FINRA aren't knocking on MMTE's door is absolutely no proof of whether or not the concessions are real.
Looks like less than 2 mill would take MMTE to 9s again.
Kinda surprised NITE didn't jump on @ 9. He's standing well out of the way till 10!! I like to see that!
MMTE up 30%, L2s EXTREMELY thin, falling w/every trade!
Even 9s are fairly thin!
UBSS 0.0008 23600
ETMM 0.0006 13864
NITE 0.0006 -19459
HDSN 0.0003 5000
UBSS 0.0009 25708
ETMM 0.0009 562
NITE 0.001 2500
HDSN 0.0011 50
CSTI 0.0012 50
Omfg.. 8s transitioning straight to 9!! NICE!
MMTE L2s primed for HUUUUGE run:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67698349
WOW! Thinner by about 4.5m!! Someone must have moved their order to get more...
Everything about the L2s look good right now :)
Nite isn't even on till 1... he might pop in if we get to 9, but I really think they way to let this go
ETMM 0.0007 3000
UBSS 0.0007 19949
NITE 0.0006 -19459
HDSN 0.0003 5000
VFIN 0.0001 50
BTIG 0.0001 50
CSTI 0.0001 50
UBSS 0.0008 -6136 (5,940,000)
ETMM 0.0009 562
NITE 0.001 2500
HDSN 0.0011 50
CSTI 0.0012 50
BTIG 0.002 50
VERT 0.002 50
MAXM 0.0039 50
VFIN 0.09 250
8s are up! IMO, MMs wanted to get to 8 two days ago!
I think that might just be a placeholder, and it's kind of hard to go off pre-market L2s for a pink, but I DO like to see some bigger MM names on the L2 list!
Looks like that interest is building back up!
Not a ton of volume, but at least we ended on a positive note!
L2 showing 680k left @ 7!
ETMM 0.0006 17664
NITE 0.0006 12077
HDSN 0.0006 1000
UBSS 0.0006 -19178
VFIN 0.0001 50
BTIG 0.0001 50
CSTI 0.0001 50
NITE 0.0007 6829
UBSS 0.0008 28454
ETMM 0.0009 562
HDSN 0.0011 50
CSTI 0.0012 50
BTIG 0.002 50
VERT 0.002 50
MAXM 0.0039 50
VFIN 0.09 250
I agree. I would have gotten that fixed asap... but then again, I'm a web developer :). I could see how a CEO of a business wouldn't think the registrant on his site is that important (well, unless a problem came up because of it).
Either way, glad to sweep away that bit of Overcash.
2.5m left @ 7, NITE put a placeholder up @ 8
Yeah, looks like they did throw some more shares on the ask. Either way it's still pretty manageable IMO.
The bid support is still there in a BIG way.
I'm just excited to see the jump from 7 to 11. Only 2 MMs to clear at those levels!
Er.. if we continue "at this rate," then the price will go higher.. so I'm not sure how you could get shares at a cheaper rate??
Take a look at the L2s and I think you'll see what I mean. They're stacked quite well for a run.
You're right jack, I'm excited to see that our L2s stayed where they were yesterday (which looked VERY favorable for a run):
UBSS 0.0006 -28339
ETMM 0.0006 7434
HDSN 0.0006 1000
NITE 0.0006 12077
UBSS 0.0007 4022
ETMM 0.0007 10000
HDSN 0.0011 50
VFIN 0.09 250
Media blitzs aren't aimed at seasoned trading vets (because seasoned vets see them for what they are...), they're aimed at anyone and everyone.
When Joe Schmoe gets a "hot tip" via email, goes to invest, and his broker waves a huge red flag saying, "for your protection, we will not allow you to trade this stock," do you think he's going to spend a few weeks worth of time to open a new account (filling out papers, credit check, receiving of physical signature, depositing funds, waiting for those to clear) just for MMTE? It would be lovely for us if life worked that way, but reality begs to differ.
Of course not.
Say what you want about "those types of people," they are more hands in the pot, which = more demand, which = higher pps. Take those people away... for WHATEVER reason... and it hurts our pps. It's a very.. very simple equation.
The potential run; the blitz... that's the point.
If/when this blitz drops, the Penson issue can single handedly destroy the run.
People who see the blitz don't know about ihub, they don't know the issues surrounding the problem, and they don't even have a Brian anymore to give them the highly condescending, immature and ignorant response of "GET A NEW BROKER" (I'm hoping Natalia is a bit nicer about it and has at least SOME tact).
All they know is that their email/favorite stock site/friend/whatever told them about MMTE, and they can't trade it.
Say what you want to about those people, that blitz is a HUGE potential spike in DEMAND (which stock trading 101 shows is the most important part of trading), and if you cut that demand... whatever the reason, you kill that jump. We've seen this spike work for other companies in our sector, but they didn't have this red flag over their head, so we simply cannot expect to see those same gains.
THAT is why this issue is a problem and needs to be resolved by any means necessary.
If it was 100% wrong, then why would the PPS directly reflect the situation?
It would be great for MMTE's sake if that's the way the world works, but reality dictates that it's not.
You take away potential to demand, you take away potential for the price to raise. Again, stock trading 101. Less demand = more supply = lower PPS.
There is a large subsection of people that CANNOT trade MMTE, and when they try are confronted with red flags. Our PPS goes lower. Not exactly a surprise. I'm hoping the fact that MMTE got off the list has been the reason we're going up a bit.
Now all WL has to do is get Penson to re-admin MMTE. It doesn't matter how many singular investors Brian insulted, the fact is, there are a lot of people out there who know nothing of ihub and nothing of Brian, yet when they try to trade MMTE they can't I don't care WHAT your philosophy about trading is, the simple fact of the matter is that they cannot trade it. If WL fixes that problem, there is ZERO reason for an investor not to jump on board!
Ignoring the problem or calling it "irrelevant" would be highly negligent on WL's part. Let's hope he's smarter than that.
I just explained how this *is* an issue and it is incredibly simple to understand.
Taking away a potential shareholder's ability to trade mmte takes away the demand. Lower demand = lower price. This is THE most basic principle in stock trading. Now multiply that by the tens of thousands of people that only have a broker using penson and it's blindingly clear to see how this *is* an issue.
IMO, MMTE's price is a direct reflection of this extremely basic concept.
Blaming the investor as the problem has to be one of the most negligent things a company can do. That's why I'm glad mmte got rid of that trash Brian and his ignorant philosophies on trading. I can't believe how he even got a job working for MMTE when it was apparent that he didn't know the first thing about the stock market.
A lot of people consider wal mart to be a joke too, but I'd rather have my products listed at wal mart AS WELL AS lowes.
So is it w/MMTE. I'd rather have MMTE be available at both Scottrade AND Zecco.
It's really sad that Brian, MMTE's former IR person would yell "GET A NEW BROKER." I can't think of anything more ignorant or fallacious to tell a potential share holder, and this is the person that was supposed to INCREASE the shareholder count!! Insulting people based on their broker does nothing to help us gain more shareholders; it is counterproductive.
The simple fact of the matter is that it can be a pain to fill out all the paperwork, wait for the funds to transfer. Regardless of how "awesome" a stock looks, going through that hassle just for ONE stock is more than enough to make people think twice about it and walk away this is counterproductive.
Stock price increases with demand. Take ANY of that demand away and hurts the price. Not being able to buy the stock takes demand away. Insulting people because they can't buy the stock takes demand away. Ignoring this very real issue is counterproductive.
Of course it's affected the share price. I'm only hoping that it actually IS a non-issue now and that the damage can be overcome. MMTE has a lot to recover from.
We've been over this a million times. The inability to buy DOES affect the price.
I'm hoping the recent list is accurate that shows MMTE not being on there. If so, perhaps some of the recent uptrend we've seen is due to the chill being lifted.
It would be nice if someone tried to buy from a Penson broker to see if MMTE really is in the blue.
It isn't about having a real broker or not, it's about where MMTE can be bought, and if there are places that it can't be bought, simply saying "go somewhere else" does not help us at all and is counterproductive.
That's funny, I could have sworn MMTE went up 3 points last week.
Oh wait... that's because it did.
So the RIGHT people now control it then.
Sounds good to me.