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FRUSTRATING THING IS, I BOUGHT INTO THIS COMPANY WHEN IT WAS NOTED TO BE 500-600 MILLION OS, in the matter of couple of weeks, we are talking close to 1 Billion shares OS.
i'm curious, when GOLDMAN did his evaluation of short term pps of .14, did state this with the projected OS, or past 500-600 million shares.
its hard to believe a company with OS of 1 billion shares reaching that target of .14, let alone .40.
can someone explain?
i figured we would all learned by now, if this ever break .04, it will drop after someone exercises their warrants. we are on a bumpy road till the company releases some news, and update on the financials, hopefully that is in the near future.
on the plus side, it may be a new floor is forming, and the .02's are bye- bye.
long term play, question how long?
thanks mate.
gl
level, does this mean the OS has increased from 650 million range?
or is this from the existing warrants.
moderators, has anyone found out when the dumping is going to end.
are they planning to release a forward statement before the new year.
it seems like a slow slash and burn when ever this reaches a plus .036 threshold. i understand their reasoning, over the past several week, but if they continue this trend you will loose investors.
their hasnt been much discussion on the end point of this, unless i missed the post?
and one more thing, what the hell does IMO mean....lol
gl
i hope it just trends upward, and keeps a steady pace, not interested in a spike, and dump.
gl
predicting pps is foolish. unfortunately the predictions always fall short of the projection, or exceed expectations, partly due the investor fervor that cant be included in any equation.
lets hope we exceed.....
thanks for the reply, someone mentioned their are 3 days for the shorts to cover, that would be this thursday?
what dose that mean?
dos that mean activity gets super active for those who have to cover?
end point?
when do you think it will end.
how many warrants are left?
good article.
thanks for the link
someone did, and broke the seal.
gl
question: the etrade platform showed a final .0398 close at 4:55 pm
probably old warrant settling....probably consolidation, and no increase in shares
the only question i have is why is the support level .0188, and a drop from .0255 1 trading day ago?
thanks
can someone explain the drop to .0322 on my etrade platform.
was their another dilution, or the exisiting prefered shares being dumped.
basically are we still at 620 million OS, or did we just get diluted again?
?
gl
agree, its good news!
long haul looks good.
gl
dude, read the article.
its great news, but its from Ron Goldman, not goldman sachs.
you might aswell say its from ron jeremy!
but good news
gl
strong work!
strong work!
agree, the stock is stable, with equal amount of buyers and sellers.
this thing will play out.
gl
its been flat line with a few hiccups for the past 35 mins.
keep running, i'll buy you some new sneakers.
gl
this current management team does not have that track record.
i will give them the benefit of doubt.
what they did this past Friday was quite clever, not the nonsense i have seen with heb, ctic and etc.
gl
not grasping for anything, just stating few logical points.
not giving reasons or excuses for the stable pps.
that itself is positive news, especially of the acted warrants and Fridays release of the news.
whats happening now is expected, and stated on my Sunday post.
if this continues to Friday, than i'll get worried
but i like the company, management, and their product.
its a rare combination for pink sheet stock, and thats why i'm on this board.
gl
i guess, you missed my previous post.
i'm pretty chill and accumulating.
gl
that was my point.
you said the support level has been reduced, and you stated a comment by using past tense grammar. and that was incorrect, and i'm telling you, "fact", the support level was .025 for the last 3 trading days.
and your right about one thing, no one can predict tomorrow.
but after the consolidation and exchange of warrants since December 1-7, it takes 1-2 trading days to stabilize.
by saying that, and based on the level 2, and the way MCLN is bouncing of .028, that tells me, that is the invisible line. (but according to the candlesticks and analytical graphs, the support is .025, but as i said 3 times today, charts are useless with pinks, and less important than behavior.)
not making predictions, just stating what i'm seeing.
just stating the obvious.
incorrect, support levels have been .025 for the last 3 trading days....based the charts, which are not the most reliable for pinks.
the magical trigger, MCLN has been bouncing off is, .028.
if that holds, with these 2 consequent consolidating trading-days.
we are in good shape.
never understood the craziness of this gap up nonsense.
the most important thing i was looking for during the these past 2 trading days was the resistance at the .028 floor.
if that is maintained after today, we will move forward to the .04 target and than consolidate for the next run.
today is a huge day, wasn't looking at the ceiling was more concerned about the floor.
graphs and charts really dont help with pinks, but they help determine trigger thresholds, and thats why pinks are so damm volatile. unless your a big white elephant moving 20million shares at a time, no one can predict.
gl
it just takes one person to start a rumor, unless your the CEO, i'll keep the rumors to yourself.
gl
all i'm hearing are speculative contracts.
any thing confirmed?
someone mentioned a 32million dollar contract for MCLN.
is this confirmed?
lol,
agree, they are just guesses, entertaining, but just guesses.
i dont think dilution is ever good.
but in the big picture in a companies growth, this looks positive in the long term.
yes, the OS is probably between 500 m to 650 m, but who cares.
its 7.5 million credit in hand, not like the dilution seen in ctic, or heb repeatedly.
its controlled by our company.
we all know,after what happened this past friday, its going to take 1-2 trading days for consolidation.
agree, and its refreshing.
faith in the stock is based on the product and management team.
not expecting them to be sitting back!
gl
thank you....gl guys
the outstanding shares are reasonable for a penny stock, would be concerning if further financing dilutes this further.
the stock has made great strides with its pps, with the expanding exposure.....have confidence with the current management.
when is their conference call, and next quarter update?
asked him that, and he started laughing, and he basically said its more than than that now?
i figured he knows nothing, or didn't want to say anything.
anyways, sounded like he was getting a lap dance during our conversation.
it was brief, and fairly un informitive, but he did say plans for BSB to open soon.
like PGT....lol
anyways, i figured this to be a gamble!
lets roll the dice.
gl