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They'll be back when it starts moving again. It's watching paint dry time right now.
A lot more than that was missed. Including the fact that people have been expecting this exact thing for a year. And the fact that this isn't Roche's first rodeo with this exact thing.
Hope everyone watching Level 2 has been paying attention to annoying VNDM today.
This is a message board. Specifically, a message board about stocks. More specifically, it's Ihub. The negativity is going to be out of control when the stock is down. There will be posts about $1 by the end of summer when we string together a few green days. It's how it goes. Not really a place to rely on for investing information.
Yup. Not much to say...until there is.
Longer-term, the majority of longs here believe this is a 10-bagger at minimum from these levels. Myself included.
Strongly agree with you as always. Easy to be a skeptic but that doesn't mean someone is being "real." Just negative. And that's what message boards are built on. But those who know how to stay optimistic with the right stock in spite of the noise are the ones sitting pretty at the end.
I've told this person my thoughts directly and you can see them here by reading through my posts. Other than that, I'm happy about the laughably immature panic by a few. Seeing these prices again is an amazing opportunity that I am taking advantage of. I bought quite a few just now.
For anyone who doesn't understand what happened this morning...
This is a direct result of someone who speaks unclearly stirring up panic and confusion with the way in which he communicates. Anyone who doesn't understand that is choosing to be blind. It has happened multiple times where his words are misinterpreted and he refuses to take any responsibility for that. Cause and effect. It's a thinly traded stock. A few people panicked. The people who panic sell based on confusion over one man's words INSTEAD OF ASKING FOR CLARIFICATION OF THOSE WORDS are weak shareholders here anyway. Happy to see them go.
He was never gone. The point is the same as it has been. Clear skies ahead when we overcome that wall.
Hopefully Level 2 watchers have been seeing what this looks like without VNDM in the way. Clear skies ahead.
Maybe right. I think there's a good chance he doesn't know what he's doing. If he's inexperienced and got a lot of shares at a low price early last year...well, his behavior is going to be anxious and unpredictable. He's essentially taking money out of his own pocket the last few weeks considering how he walked it down. Good chance, in my opinion, he did that unknowingly.
Do you have any idea how long he's been playing this game? We're going to have to buy through his shares. Nobody buying at these levels is going to be a patsy. They'll all make good money. Anyway, whether it's what I'm saying or what you're saying...it still comes down to buyers. We need more buying.
Of course not. Someone literally just posted that they knew him personally last week. The answer is how to get the stock price up. It is going to take buying through his big block of shares. Why would you not understand that?
And why wouldn't you be interested in the stock going back up? Are you him?
The answer to the question is still low volume and VNDM.
Same guy still playing games with a stock that moves easily both ways.
Same cause. Same effect.
Same resolution too.
We need market buys.
The stock will move up fast when this schmuck stops walking it down or when we get a good volume of buying.
Have a great long weekend, guys. I've had my share of success in the stock market over the last 20 years and have been fortunate enough to learn a few things. One of those lessons has been that human nature is predictable. People are bandwagon jumpers. When a stock struggles, people get nervous and cranky. Many will come out of the woodwork to talk about how it's a terrible pile of stinking garbage. When a stock is charging up, the masses flock in and really feel it's an unstoppable investment forever. These are predictable behaviors.
I've seen something else over and over throughout the years...
The people who can select good investments when a stock is heading up tend to do pretty well...but people who are able to spot good investments when the masses are throwing it away...well they often get wealthy. You don't have to look very far to see how that works. At the beginning of 2016, no trend expert was pointing to any signs of life with MXSG. The posts were angry, depressed, and most were doomsday-level gloom.
A few people saw past the noise.
The lesson: Learn to ignore noise. But stay open enough to listen when something is worth hearing. You will reap rewards.
Some people think street smart = trusting nobody. They're wrong. It's about learning how to make smart bets on people.
I've never called a bottom here because the game-playing hasn't ended yet. But it will. And I'm not worried about it at all. It doesn't take much to move a stock like this. There are times to break "safe" rules and put a big stack in the middle of the table. This is one of those times. I will continue to load up and add to my significant position here. What's happening with MXSG now isn't what will be happening later. This is a ten-bagger at current prices. Have a great long weekend, guys.
Maybe that was $70,000 worth of karma for the person who has been playing games.
Anyone "trying to maximize profits" and selling this stock at this moment in time (on the verge of showing revenue for the first time in the history of the company while becoming a gold player) is not exactly a fiscal genius. If he's doing it to get cheaper shares, he's also taking money out of his own pockets by creating a slower run than he would have gotten originally. Either way, it's very shortsighted or just plain unintelligent.
Uh, no I'm not going to enjoy a thing about what he's doing. And nobody else should either. If he's in the business of making money, walking the stock price down isn't the right way to do it if he's long on that stock.
If you know him personally, have you asked him to stop pushing us down? Or why he's doing it? VNDM might have started this but, as I stated before, he was counting on followers to get scared and copy his moves. That happened. It might not be the goal of the followers, but VNDM is after cheap shares. Need some market buys here.
Also keep this in mind...
When there isn't much activity either way (buying or selling), that's a thinly traded stock. If buyers aren't buying at market price, the stock price isn't able to move up. And if a seller (particularly one who is intentionally manipulating it) keeps selling shares into lower bids, he thins it out even more. Notice how someone regularly sells 100 shares into lower bids. This isn't a subtle tactic. There has been a person consciously trying to do this. He wants to find followers who will panic and react to his moves so he can accumulate shares at a lower price. The problem is, most of the longs with sizable positions are holding long-term for much higher prices. We know gold is coming and that this stock will be worth significantly more than 7 cents, 8 cents, 12 cents, 20 cents, etc. So the tactic you're observing has taken a long time because the only real sellers are small-timers, daytraders, swing traders, etc. On the other hand, there hasn't been a lot of buying activity either. For the most part, the people who want in on this stock in a big way already own big positions. So, at some point, we need to see people buying MXSG at market price. That's what moves the stock. Not putting in lower bids. And we need a decent volume of buying that way. Until then, this stock is manipulable. We know from the past that it goes both ways. It also moves up in a hurry. It has done that without any numbers or gold in the past. Soon enough, we'll exit this short-term annoying game and enter a much more fun and profitable one.
The daily trading is amateur hour right now. Like ETRF sitting on a buy order for 25,000 shares .079 when he could start chopping down some of the wall at .08. Literally would have cost him another $25 but he wasn't willing to spend that. We need people buying at market price before we can move past VNDM's games.
Lots of incorrect info today. Unless you've been studying this Level 2 for months and know what you're looking for, you can say any number of things that aren't accurate. In terms of short-term trading, the party who has been walking this down is not PT. When this moves up, it's going to do it fast.
Interesting watching Tuesday. If you don't know that one person can force a low-volume stock down in the short-term to pick up cheaper shares...this has been that lesson. He's the definition of a lunch money trader. Still just a matter of time. Can't wait for the volume to come in. When people start hammering market buys, his game is over and we'll move on in a hurry. Lots of people will be kicking themselves for not buying MXSG under a dime when they had the chance.
Shocker to see these prices. Even more shocking that people aren't snatching up shares at this level.
Disagree. No way to make any broad conclusions from any daily trading with this stock at this time. Volume has been low. Even when it spikes slightly, it hasn't been like there have been hoards of people causing price movement. Still just the pre-game. Party starts soon and we were lucky enough to get an early invite.
And another day closer to climbing over Mt. VNDM
Yeah man, with low volume, it's all emotion and even one person can dictate the short-term. That's why some people shouldn't watch the day-to-day. The bigger meaning that less knowledgeable investors may see is literally just one person building a wall and a few scattered followers who panic with their small number of shares. The longer you watch a stock and the more Level 2 trading you study, the more you can read between the lines to see the real story.
We just need to buy up VNDM's shares and we're off and running. It will happen eventually. Soon enough, most of the people here will wish they'd bought a lot more at these prices. Also, remember that in a message board, we don't know who we're talking to. The same anonymous person criticizing may very well be the seller trying walk a stock down as well as the buyer who's accumulating cheaper shares. Enjoy your weekend.
Yeah, what LTT just said. As far as your question, conjecture on a message board isn't necessarily fact so I wouldn't take posts as truth. Kind of hilarious watching trading today. Like this guy who put a bid in at .074 but won't just knock down this .075 seller. Silly stuff.
Although he's annoying, buyers are getting a great price from him. They should be gobbling up those shares at the price he's asking. If waiting for results to step up as buyers, they'll be paying a premium for the stock at that time. These types of prices are being taken for granted and won't be permanently offered.
He moved back to .08 with his 10,000-at-a-time nonsense. We just have to buy through all this guy's shares. He's been putting up a wall for days.
Nah, never mind. He's just selling 13,750 shares at a time instead of 10,000. This guy is the worst.
Looks possible that VNDM could have finally stopped. Instead of showing his constant 10,000 shares, he's showing 13,750.
Yeah, pretty obvious what that was. Total newbie dumping those 200K-ish shares he had which would have sold soon. Put that catcher's mitt back out to see if any other followers give up some cheapies to you.
LTT -
Yeah, it's the kind of thing that's a lot more possible to do with low volume. But totally agree that it's just a short-term annoyance. Will be a distant memory soon enough.
Actually this has all been incredibly fast.
I've been watching Level 2 closely for a while. This has been all VNDM. Once he stops his games, it's just a matter of buying up the newbie big block sells and we are off and running fast.
Still annoying...
Would think so. Man, there are lots of people who don't really understand what's about to happen with MXSG. No way we should even be talking 8 cents, 9 cents, 12 cents, etc. People selling anywhere there are going to have so many regrets. Looking at the Level 2, it still seems to be the same 2 or 3 people.
Never underestimate the stupidity of people who think they are smart daytraders or scalpers. Perfect example was a stock I was watching near the close today - the ask was getting destroyed and two guys unloaded all their shares at the bid. No reason for it at all. But one of them popped up on the Ihub board later and admitted that he's new to this and panicked. The other guy was his roommate. They're a couple of college students and were happy to make a couple of hundred bucks for the weekend. So it's impossible to know what the short-term holds. If looking at the upcoming weeks and months, I think many of us understand that these are bargain prices right now.
Yeah that seller isn't smart. No need to sell more than 50,000 shares at the same price. Better to allow it to move up. Not to mention the fact that selling down here is ridiculously shortsighted. Doesn't matter in the big picture, though. They'll all get gobbled up eventually. We'll be in .12s, .20s, and beyond soon enough.