Alive and Kicking
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We hover.....for now make money on the 2 - 5 day flips.......
Looks to me like the channel is $10 - 11$
We need China to start Dumping Dollars and buying more Gold.......
That will happen IMO when the dollar takes a turn against the URO
In OTC-ease ....Boom to da moon.........
Yes, I did......GLTY
I didn't see "Utter Nonsense" on the 10 Q. Am I missing something?
Best DD here is the last 10-Q.....
You cannot ignore the income statement.
This has been brought up by many people and ignored by many more......
You can pump this all you want......This will eventually leave you with a nice brown paper bag full of wishful thinking if you hold this longer then a day or two.......
Any pop is only a result of hard working boiler roommates and maybe a short squeeze......IMO the squeeze already happened and will more then likely not happen again. At least not to .05.
GLTA
Feel sorry for the .05 bagholders......We will be back under .01 tomorrow afternoon.......
Large fills below bid....Company is diluting..........
You would think the IRS would bubble this right to the top of the Audit stack.
Net loss of 58K to be followed up with Net Loss of 47 Million
With NO REVENUES..
Doesn't take a rocket scientist to see what happened.
These Pennies are not investing. If you never lose money as you say then you are just plain lucky.....
Exactly,,,Everyone knows most Pennies are a day away from an R/S at all times.....
All the board did was tell the shareholders something they all should know anyways.......
Pretty weird for a company to announce Share structure increase at the same time they announce an R/S don't you think?
Just checked ARCA, BATS etc all painting normally....
This is B/S. I wonder how many investors got nervous and clicked Sell Now panic button.......
Wonder what these SEQ's do to stop losses and conditional orders?
Need to get through the 11.65 resistance......and close above it for a run the rest of the week....
Investors have either been separated from their funds or they smartened up and stayed away from the Penny Market.
Let's be honest, Penny Market is a very dangerous playground. It is littered with white collar criminals....
a little squeeze going on right now.....could last a few days....
lol.....she would say that
What did Yellin Say?
With the exception of GWPH, all of these POT stocks are nothing but Penny Pumping Pimp daddies.
Not one of them has panned out for investors. The fact that people continue to buy into these Penny Stock Scams is incredible....yes I too am incredible......never again.....
NSS does exist and it has been proven..Patrick Byrne and Ovestock.com?
Also look at the BCIT saga. So f'qn short the DTC refused to clear trades and froze it. No regulatory agency will touch it.
A court order exposed a massive short that was almost triple the O/S
If you worked on wall street then you know that everyone on the other side of the retail trade has their hand in the investors pocket.
Internet trading has exacerbated the problem. NSS along with unscrupulous e-boards drive issues prices into a cellar boxes where the MM doubles his money every transaction. MM can always count on these POS companies to start dumping shares to cover down the road.
The FTD cans are just kicked down the road.
I don't really understand Forex but doesn't China and Russia hold a lot of American currency......
This is almost unprecedented. It will be trading at 6 PPS before Friday, losing 10% a day in value.....
I am so far in the hole here I have to wait it out....
Taking a bath today so I figured I would take a walk down memory lane......
Anything going on? knock knock knock...is this thing on?
Euro...du jour......the media controls the markets......
as soon as they pipe down this will slowly move back up...
some European good news is needed.
With the extreme volatility in the market now you would think gold would be an attractive investment to ride out these 250 point Dow swings....
Volatility is good for a High Freq investor but for schmoes like us you would think Gold as a long hold would be safer.
Hope there is some support at 9.25.....
What is crushing the price of Gold right now.....China
Just averaged down looking for a bounce Monday....
In at 13pps.......Who would have expected a drop of this magnitude today....Even Dow is tanking......
Any idea as to why Gold is dropping so rapidly?
Does Warren Buffet invest in Pennies?
.0001....honest opinion...this company seems to have shown they are no different then any other Penny Scams.....
Ask yourself
1) Have they executed anything PR'd?
2) Have they Grossly Mismanaged funds?
3) Have they built any shareholder value?
4) Have they increased A/S?
Most Pennies are in the business of selling shares......MDCN seems to be in this business....too bad.....
MDCN upfront looked like a good play. Low Float, Hot emerging space.
Speculative play at best. Like I said DD is almost a waste on these things as most IR departments are reading fiction to you when you call. None of it ever seems to comes to fruition.
I felt that the MJ space was so young and hot that any idiot with an accountant, a lawyer and half a brain could execute a business plan.............NOT
This has been an entertaining ride that is for sure...
Your anger should be directed at the company.......
Bashers and Shills suck yes, but they can also be your friend.
If a board is dominated by either it is a fair indicator that....
1) Stock is being manipulated by someone...
2) The direction it will go which is usually down.
I have been watching Pennies for over 10 years, I have had one work out in my favor. It was a short squeeze on an uplisting PR.......
Lost on every other one....Luck is the only factor....all the DD in the world will not expose a pile of Shit in a market that has no regulations and is rampant with white collar criminals on both sides of the trade.......
pretty hard to sell an unlimited number of shares with no volume....
maxpow...
have you ever seen a company announce an R/S and an A/S share increase in the same breath before?
Reversal in progress?
I would think that just about any OTC e-board knows the game and MDCN is no different....
Increasing PPS increases the chances of getting up-listed,
increases Market Cap, provides funding, builds shareholder value thereby attracting more investors.........but
This takes a real business plan and execution and revenue growth.
It takes a lot of effort. It is too damn easy to just sell shares whereby your IR is actually filling the role of product development.
Market Makers know this and NSS the shit out of issues and drive the PPS into the cellar.
Read up on Patrick Byrne of overstock.com. The story of his company's battle to get out of the penny market is a telling one of how hard it is to gain on a system that is completely rigged towards bigger money. Now throw in an e-board with no business balls and you are throwing your money AWAY....
It may have....remember when there is a buyer there has to be a seller..unless naked short selling is still rampant in OTCland....so who is selling.....
My point is if the company is not diluting then the natural order of supply and demand will move this up......
Where do they come from....?
How can you just show up and blurt boom to da moon.....
You don't get it........
Look at their last 10q..........
They raised 47 Million with issued stock and then claimed it as Net Loss
Paid Management 15 Million.....Almost 20 Mill in Consulting...
your assumption of "How it works" is good in the bigger exchanges where companies actually make/do something. Provide jobs and careers for people and value for its share holders.
Most companies on the OTC do none of this. It's shit..
Can't be too idiotic........they seem to have all the $$$....
They are dumping now....Where do you think the 7 million shares of volume are coming from..?
Read the SOS of Nevada website. In Nevada certificate paper is the same as Toilet Paper.
This is how fucked up this OTC market is. Even with a 49 Million dollar shot in the Arm this board took the easy road to riches..
It was more of a lottery win then an opportunity to grow a business.
the 49 mil is gone and guess what.....they still want more......Greed is an ugly character trait.
They are either milking everyone or they are the most incompetent idiots ever to run a business or they just don't seem to be interested in building any shareholder value....
Ask the 19 Million Dollar Consultant ...He will tell you was-sup.