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I AM THE BIG BUYER FOR THE LAST 3 DAYS have made some extensive DD and i only enter when i am confident in a penny stock entereed MCLN at .0011 and holding XCHO entered at .015 snd sold at .48 at VKNG entered at .015 and sold at .94.
Like wise i had kept EXBX on my radar for the past 3 months and was waiting for it to bottom to strike hard have mopped up 4 mio shares from .01 to .0125 levels in the last 3 trading sessions.
I have my own study gone into this there is nothing to cheer aboout after reading last 10Q the only glimmer of hope i see is Richard kampa's progress in the current quarter and with his contacts if this company is to get some funding we could be in a roll for good development in this company, past mistakes in oil fields i feel was sheer nonsense and i feel they should focus on their core business which i feel kampa is exactly doing.
Thats why i have bet on this
BULLS ARE SLOWLY TAKING CONTROL well many her think oh slowly teh support is getting less after it went down .02 levels,these are all bulls and bears you can see in th past few days big sales at these levels were obsorbed and thats a sign that some cartel surely is buying at this levels and this sign is of bulls taking 2 steps back to go 1 step forward and when they come they will come with a such a force just watch it
GUYS I AM IN WITH 1 MIO SHARES READ have bought it on thursday at .01,i have done some extentive DD on this at this point of time there is nothing much to cheer about this but i have taken a long term vies considering the company has just settled with with of its lawsuits and,have appointed a global IR firm to craete investor aware ness.
The last 2 PRs have just come in the first week of march that means i expect some positive developments in the coming weeks.
Yesterday the Bid and ask went up after long time .115 X .139.
read the below paragraph from last 10Q
At September 30, 2009 we had negative working capital of ($4,834,659) and incurred net losses of ($293,864) during the three month period ended September 30, 2009 and ($766,589) for the nine month period ended September 30, 2009. Our operations do not currently provide sufficient cash flow to meet our obligations. We believe that our operations during 2009 will not provide positive cash flow and that we will become cash flow positive in 2010. We believe we are able to restructure or meet our obligations as they become due during the coming months while we move toward positive cash flow. However our company is highly leveraged and we have approximately $3.287 million in debt which is in default, so there can be no assurance that revenues from operations and/or common stock sales will be sufficient to fund our current business plan.
As it mentions cash negative but hopes to be cash postive in 2010 and the default which it shows with lender i believe the last 8K mentions the same lawsuit settled and will possibly get additional financing of 2.7 Mio.
So guys with existing revenues,hoping toturn cash positive,and a low floater i believe this is surely a 25 bagger from here in the possible coming 2 quarters.
Cheers GLTA
MY POINT OF VIEW well as I have said in my previous posts there is very little for the common stock holders in the BK process in most cases they get cancelled but there have been many instances where it survives and performs strongly. It all depends on the major creditors and the management and in the case of EGLSQ the debt is not that high and the equity float is also too low and that too most of the investors who might have the stock must be at a pretty higher price hence little hope for survival
While on the positive side if one has to think of only one thing why did the stock made that monster move from .004 to .04 with a huge volume of 10 mio shares and there could be two possibilities one strong there is certainly some hope for the survival of the common stock and may be a possible buy out after the BK or the worst case scenario is the MMs who have been buying this from .001 to .005 levels for the last one year during this process of BK want to just jack the stock up in anticipation of creating new buyers and then go on dumping till the common stock gets cancelled now here let’s do some mathematics .
If you see the entire trading history for the last 9 months since this has filed for BK not more than 7 mio shares have been traded for whole of this period now if we have the ration of 60:40 for genuine trades and fake MM trades that brings roughly 4 mio shares and if we take the average price of buying say .003 that means the MMs might have invested say just an amount of 12k
Now just look at the other days trading with just one single day huge volume of 10.5 mio shares if we take again 60:40 ratio for genuine and fake that brings 6 mio shares as real buys, now I was whole day watching the counter and after hitting .02 when the volume of was just 2.5 mio shares the MMs went on buying till .04 till the volume reached 5.6 mio shares and after which they played their tricks till the end to scare and bring it down so if we assume the average price of these 6 mio shares to be roughly say .03 that gives their investment to 180K now if we add the initial 12k Invested for the whole year it come to 192K roughly we round it off to say 200K.
Now look at yesterday’s trading 2.2 mio shares that too in the first 25 minutes we had volume of 1.4 mio shares which was the real buy and sale volume after which for most of the day their were mostly fake trades now if the MMs have to recover that 200K either they could have done it yesterday or may plan to do it in the next coming days in that case they have to go on selling till .0001 and that too they have get buyers for that and when investors come to know that the stock is going to be cancelled they don’t buy.
So than why did the stock held almost 90% of yesterday’s trading at .015 it’s very clear the MMs don’t want to sell the cheap shares.
Now let’s see if this game has to be over than the MMs would like to recover that 200K in that case next week this stock should tank and if it holds above .01 levels than I feel the MMs surely know something that this stock may survive and would than grab all those cheap shares above .10 levels and even possibly reach 5.00 who knows.
I will tell you my personnel experience I was trying to buy vermillion at .05 but the MMs were not giving any shares finally I got some at higher bid at .09 but then when it moved I sold at .70 after which it went to 15.00 USD similarly I bought VKNG at .015 and sold at .94.
My logic is the name of the game is patience and I have held patience for this for the last one year now I know it’s a gamble for me but last 2 days of trading pattern and my skills to understand these MMs give me some surely positive thinking that this stock which I was feeling ZERO FEW DAYS BACK MIGHT TURN OUT TO BE HERO
PUT THEM IN JAIL this BS company looks big fraud
WHY LOOK PRICE DAILY i have said christmas $ 1.25 target adding on dips here
ONLY I KN0W THE STORY HERE hey guys most of you just jumped yesterday after this small run while i have been with this for long time almost 2 years even after the filing of BK there were too many here posting saying this is a finished stock.
Well legally offcourse yes as if in BK if teh company cancels the common stock this would be a big 0 but i was betting on the company and just watching closely for long time and the filings the recent 13C filings by many big pension funds gave me a hope that something big is grooming in.
Many here just feel that the sell of wafer business tyo EC sysytems is teh only deal ij here they are clearly long,thats just peanuts look this company has the biggest technology one of its kind .thats the cream many semiconductor units will envy to buy that out.
Well all depends on teh outcome of the BK process if teh commons are kep we are saved or else we are 0.
But looking at yesterday's move the MMs surely know that commons might continue and alost 50% of float was traded yesterday .Iff we get good news on the commons than sky is the limit.Dont forget this stock was traded at 42$ few years back and not just one trade regular trading for months.
Next few days would be interesting it looks people have shorted this like vermillion i see similar possibilities here,if teh commons are kept anything below .20 is cheap here.
For BK process you can watch the details on the following two links
http://omnimgt.com/SBLite/Templates/A/Default.aspx?clientId=CsgAAncz%2b6YjTTxZiUudjJ%2bhQGmgPCnLHF2K1SywUY2bKeEpm04b1uW8REMbrailMiBiCMoGJdw%3d
http://www.omnimgt.com/Public/files/home.aspx
all the best guys
VERMILLION hmmmmmmmm GET IN
HA HA HA WATCH MY EARLY posts another vermillion
ON MY RADAR
MY CONCERN ON WHO MIGHT BE SELLING there is no doubt that the stock is being completely manipulated by the MMs as even purely just on fundamentals and financials this should have been above .15 by now,but MMs have no invesntories and are trying to press the stock down to get more stock in their hands but i pity them they will not be able to hold this for long as most investors are not selling thats why you see teh big gaps in the ask on level II
Well its time that management should also take firm steps to corner the MMs and save teh investors from thier wealth being eroded and innocent investorrs loosing their money.
Further once the stock loses the fancy of the investors it would be difficult for the management to bring the fancy back.
TOO MUCH SILENCE SOMETIMES IS ASLO HARMFUL.
well in any case i know this management looks very serious and focussed in admin and even if they keep quite the stock will make a strong upward moves only thing is it would then be a slow movement instead of monster moves
I PITY THE MMs and i ean it i have been tellling you guys that the MMs in MCLN are worst of their kind as i had told you read my posts when this was .001 they took almost 3 months just to get of that level as i had bough huge quantity at that level,now too i am getting the same feeling investors have bough this stock heavily from the leels of .07 to the current levels.The poor MMs are not getting a chance to make that monster move as the don't find the sellers.
Look at level II its just like any low float OTC stock it looks like the ask at levels of say .022 and than straight .028 that means the MMs are all doing this fake trades and trading amongst them selves.
Just watch the very day trading this will start with higher gains like say yesterday big blocks went through till it was up by 10.85% and than dropped down that means when behind the screen the MMs see some sellers they mop it up and than again start it all over again.
first time i feel pity for the MMs but they will have no options than to pull this up as news will be coming thick and fast in the next few quarters.
remember when they tried to frustrate teh first moster move they made was 383% up and the second was 82% up.
Watch such moves coming guys just hold tight dont look at the price daily thats how one gets frustrated just watch week to week.
Cheers
THAT BID .0151 IS ME
DON'T WORRY you know my experience will count at the end i believe that this will possibly be $1.25 by christmas i am not kidding i have see many such great rises in penny plays and i feel this one seriously has the potential to get there,good managements believe in performance rather than just issuing multiple PRs.Just be there with me till christmas and you will be welcome to my yacht long and strong 10.9 Mio shares holding
SURVIVAL OF THE FITTEST many times people get frustrated on the major ups and downs but you have to note the real companies hold on to their levels this has been holding strong inspite of the MMs tricks to scare,i am adding on the dips
well its not mandatory,these guys are in for a big play and they know even with te public float of say 29% it a lot and thats why are possibly waiting for the right time to strike a note andcorner the MMs once the short selling restrictions come into effect.
MDAS is not small company to sign of with penny stock company they surely know the potential in these guys.Just look at the history how scott turned his earlier assignment of a small company to a billion dollar company and this is is going to be much bigger possibly by coming chirstmas.
And how much it takes to bring buyers with just one or two solid PRs thats all just with 30 Mio shares traded this could go and cross .031 imagine when the real play starts and volume catchs up to say 200 or 300 Mio shares and thats bound to happen watch it coming
YOU ALL WILL BE SURPRISED?JUST WAIT AND WATCH
You are right but we have to diffrentiate between pump and dump pennies and real penny stocks,i too havebeen in this for almost over 18 years and have burnt my fingers too but there are certain stocks where in i had patience to hold long and thats why i dont look at teh daily movements of such stocks watch them once or twice a week.
I feel that the 10K is just teh tip of the iceberg let me tell you that this management is too strong and know that the O/s is fairly big buyt out of which they hold almost 71% if they release too much of news they know investors would not sale and thats why i see accumulation will be there till this hits .25 which i feel will happen by june end.
i was in DNDN for almost 2 years and had the patience and reaped teh benefits similarly XCHO i holded for almost a year bought at .01 and slod from .16 to .42 levels which is now .48.
well thats how it workd when investors feel they are happy to be with 100% they book profits but thats the time when teh big ticke guys accumulate and take it to new orbits well booking profits is good but thats for junk stocks not for a blue chip in the making like MCLN,i will sell only when it hits $1.25 cheers
MY GOD LOOK AT THE HOLDING PATTERN 71% holding of all directors as a group,and many posting here have been proved wrong read my earlier posts i was saying the Manatuck shares wee just changing hands and that shows in their still holding,further SOCIOUS is also willing to subscribe when the management holds 71% that means the shares in public are very low and that adds to possibility that Socious might subscribe to at 135% premium as they had mentioned in previous PR.
This really is going to be a monster stock its just waiting for its turn look at the gross profits up more than 5)5 compared to 18% and as they had mentioned the basic billing goes in teh 3rd quarter to teh customer hence major revenues will be surely solid in the coming 3rd quarter,the vestara partenership was juts sgned 6 months back and will show its effect too in the coming quarter,further MDAS effect still has to show all those posting negative here are just posting for the reason i believe just because they might have entered above .06 levels but guys realx you are in for a possible bigger jackpot hold your shares tight.
Long and strong target $ 1.25 WELCOME TO MY PRIVATE YACHT
yeah i am watching that for the last one week,wonder whats up?
STORM IN WAITING watch the big move coming anytime now
REMEMBER 4TH NOV,2009 AND 27TH NOV, 2009 well what i have been trying to tell you guys is the MMs in MCLN are not able to mop up the shares as they intend to before making that monster move look at above dates on one accasion it was up by 300% and other 83% now what were the reason for these rallies NOTHING neither there was any PR on those days nor the financials,as i have been saying the MMs here are aware that this is a sure good long term stock but after the investor frenzy which took this to .076 many who have bough at that levels probably will not book looses to such an extent hence the MMs make small rallies and get what ever they can.
I am sure on a decent PR which i am expecting any moment this will make that monster move like the above days,in my 15 years of trading career in pinks i have seen it happen many time after long patience only thing you have to do is a game which you have to play the way MMs play tricks to scare you,you play your to hold tight and frustrate them,Cheers
THREE TIMES MMs TRICKS TO FRUSTRATE well this is not teh first time the MMs in the counter of MCLN have done this ihave been telling you many times when this was .001 they did it many times to take it to .0024 and then again bring it back to .001 and tried to frustrate many investors,but you need to have patience this is just solid accumulation going on just look at when it went down to .017 on a day they took it to .021 and closed in red with good volume than again 10 days back when it was .0217 they took it to .0256 with good buys and closed in red similraly yesterday they took it to .027 and closed in red again this is very clear signal that they are accumulating and clsing in red to frustrate and buy at lower levels.
The growing volume is a clear signal that we are due for some solid news,hold friends long and strong welcome to my private YACHT
.027 was hit we possible close .03 today
SURVIVAL OF THE FITTEST,SOLID ACCUMULATION IS ON
FREEDOM OF SPEECH guys people talk negative only when they lose or have no patience of making money.Read my earlier posts in couple of posts i had mentioned that i sold XCHO to get into MCLN i sold it at .16 levels in just last 10 days it had gone to .55 now .43 but i lost in that there was a time i was talking negative about XCHO hence i was banned but than i had patience to wait i was in that at .02 levels still made 700% in that and still i am happy.
Hence have always sympathy for those talking negative time will bring in maturity in them.
Now you can see MCLN is in purely MMs hands and they are playing it to their liking but i tell you once the financials will be out they will have their mouth in their back and will have no options to take this up i am adding on dips at these levels
INTERESTING GAME well i get a feeling a chess game big time is o in MCLN,i am sure and more confident of this management than before now as you can see inspite of teh falling PPS like other pump and dumps which issue multiple PRs they have not got bogged down to the pressure of getting PRs and infact have focussed on their admin and business.
If you watch teh trading pattern there is a steady rise in volume and PPs after the bottom of .017 this is just because every one is not aware of the next move of the management in fact i am sure even the MMs are confused lot and dont know which way to take the stock but majority are buying expecting a shrewed move the management and thats why the PPS is going up.
Just look at some time the volume spurts and the PPS goes up fast than comes down that means the MMs buy crazy with some rumor and than again do not want to risk their investment
Interestng game the management will checkmate all and get a fantastic 10Q and may be these are the signals of larger volume that means some one close to iinsider who has the info has been buying on daily basis cheers
IS TODAY THE DAY?
.023 FAKE WALL this is very clear look at the level II we have only 2 MMs who were shifting their postions alternately after which the ask was straight at .027.That means this is clearly a fake wall MMs want to grab your shares at that price,they are aware that the 10Q is due any moment and expect it to be much better than the last quarter i will not be surprised if this makes a big move today or tomorrow
10Q ON FEB 19TH? well thats my personel view as teh last two quarters filed were on may aug 19th and i expect them to possibly announce solid earnings with new contracts.Watch out for this week
I FEEL FINANCIALS WOULD BE OUT SOON well the lst quarter they published on Nov 10 if you take the similar period we are due for it
LAST QUARTER FINANCIALS PR ON NOV 10 are we ready for this quarter as today id feb 10 may be in the coming 2-3 days,thats my personel feeling,WOW just waiting for those numbers and news on new contracts
DONT EXPECT PR as said this will just make a big move with no news,certainly the company will inform .just the 10Q is near and i expect it be much better than the last one,dont be surprised if they announce new big time contracts for 2010
IS THIS BOOLSHEET TECHNOLOGY?JUST JOKING was in at .018 still holding
JRG THATS HOW THINGS REALLY WORK FOR LONG TERM as i have said this company is solid like a rock and those who have patience will have theri retirement money,LONG ON MCLN TARGET 1.25 USD.WELCOME TO MY YACHT CLUB
the IR firm guy has obsolutely given correct reply
WAIT FOR THE MONSTER MOVE POSSIBLY THIS WEEK i have 100% faith in this management they are truly taking the right steps to esnure that this is a sure winner in 2010.
Well as they had posted in teh last 10Q there are several things to come up in this quarter and just because the PPS has gone down does not mean that they issue the PRs for just the sake of few here who only know investments in pump and dump stocks.
This is one is a real company with solid future wait for them to perform TIME FROM SAPPLING TO FRUITS guys patience is needed to reap the rewards and i will wait for that and buy further on dips by even some of my other stocks
this is all a big game with institutions,Socious might want to subscribe at a lesser premium hence might be shorting the stock the moment they feel its ripe they will close the first tranche and try to grab all these cheap shares at that point every one will be chasing this past .15.
I feel when they announce the coming quarter financials
NOT FOR DAY TRADERS GO AND LOOK FOR PUMP AND DUMP STOCKS
MY BID AT .0195 its very clear the MMs are playing i have my bid for 500K shares at this price and they are hitting the trades at even .019 but not giving the shares,that means they are playing amongst themselves
SOME ONE HOLDING THIS looks like they done want to take this below .018,means some one knows something is going to be up coming days and hence might have his bids at these levels lets see how the session proceeds when the over all marekt is down