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this is my theory
someone stocked up at .0005-6 with a couple mil shares, and purposely bought at .006 with a all or nothing bid for a mil+, thus averaging up to an undetermined higher number, under .006. probably around .0008-.001
then dumped the averaged shares for a profit between .006 down to .0008.
happens all the time. artificially inflated with relatively low shares, then sell all the way down to the average up price.
smart way to make a profit, and dump shares if you have money to do this with, but very illegal if you get caught.
jmo
-X
thought you were here before it hit.003?
I didnt buy in in january2012,I got out.
partially. then completely out monday.
I have been a longtime (in pennystock terms)
investor of MSMY since march of 2011
I made big bucks when it peaked at 17, (i was in at .05 and out @ .155)
then waited.....
and bought back in with some of my winfall at .03.
then it scammed me from there. win some, loose some..
the 75% i was down was from sept 2011 to this year, as i count all my buys as individual investments, even if i re-buy the same stock.
I have probably forgotten more DD for MSMY than anyone posting here remembers, and I am no virgin to pennystocks.
this is about the time when they conveniently went quiet on the october crash, and told no one to this day why the complete float was traded in 2 days, and the price dropped 90% (they speculate an old investor got out..key word SPECULATE) here's why: to get old investors out, and new ones in so they could play the "forget the Haiti house project and ambassador Lewis Lucke, lets roll with kitty litter!"
If you really think ol gary helps companies, you are more naive than you know.
he gets paid by "restricted" shares. ask him, he will tell you. as he has told me.
just because they are restricted, doesnt mean he cannot sell them and make money. (have you ever heard of china? they buy restricted shares from people all the time and since they are overseas, they are not subject to our laws.)
CBBMTT, you have been here a while too, care to divulge your investment? honestly?
everybody has dreams of becoming rich trading pennystocks, in fact, the only people who do are the people selling them.
-X
Just want to remind you guys about this:
Gary Patterson's resume'
He has a history of helping companies fall off the cliff....
not to be trusted.
Buyer Beware for a reason.
DISCLOSURE:
I was a long time MSMY investor, recently out on last 2 volume pops. (january and this past monday) after losing 75% of initial investment. I believed in the company initially because they had a US ambassador on the board, and were into "green Housing" then they changed their business plan to kitty litter? c'mon. fool me once, your fault, fool me twice.. my fault.
not a basher, just a truth teller.
some may remember my positive posts...when I believed.
good luck to all, but this is not a stock for the future, it is a penny flipper that takes months to recoup if any.
-X
looks like some big timer is selling... profit taking.
wish I woulda "profit took" some at .009, or .008 or .007.....
SLAP!!!SLAP!!!SLAPPEROOOO!!!! EOM -X
Im guessing a .008ish close ....0072 goin-down soon!
-X
If all the MULTI-MILLION-SHARE people stuck it out today,
there cant be too many more shares out there to trade.
i figure between the people (supposedly)holding, and todays buys so far, we got half the float locked up.
this leaves little shares leftover for chasers...
so, the question is, who sold today that was holding millions?
anyone?
-X
chasers are a chasin'!!!!
.005 finally broke!
.0049 is resistance.. BREAK ON THROUGH!!!!
GO MSMY!
fyi you can ignore a user.
click on persons name, on left hand side of screen, click ignore user. easy.
-X
Thanks RetiredMM that is the answer i was looking for.
that is exactly what i heard.
makes me feel better.
on a side note,
wish i had 10k more to invest, it looks like if i bought 10k worth of stock, it would bring me at least 9-10 bagger from where i am now, and would bring me much more than that in return! sheesh. takes money to make money. anyone got 10k? surely some of you other(multi million share) stockholders got leftover cash, we should all get together to see how much we can scrape up between us, total it up, and try a bull raid, if we all stuck to it, im sure we could get it back to 3-4c easy.
wait, is this within the limits of the law? LOL, wouldnt want to be breaking the rulez!
wondering when all the tax-loss-sellers start buying again..
wondering if they were really tax-loss-sellers and not 3rd party dumpers, slow week, I cant think that the people on the sidelines are waiting to chase this, not at these prices...
has anyone else talked to Gary about the German exchange (un-event)? wondering what he told you... ANYONE?
-X
wow! a 5 mill trade!! biggest ive seen yet!
new all time low...0022 trading-in-tax-season-takes-guts. stick it out.
all those questions answered in conference call mp3 posted in header.
listen to it. its worth it. tim algier, and lewis lucke both speak, and is very informative.
3rd time to bounce off .0023. ready 2rocknroll!
-X
analyzed further, looks like 1mill sell, 2mill buy.
1 min chart.
smart.
-X
3 mill looks like a small dump to knock price down, then a big buy at the lows....on the 5 min chart.
-X
looks like someone wanted out...
1.5 mill sold / bought cheap.
i tried to spread the word, but all my posts in the high traffic penny rooms got deleted, and i got a nasty message from one of the ihub admins that i was spamming.
me, spamming, can you believe it?
i left 5 posts in 5 different rooms and i'm a spammer.
have you seen the trash in those rooms? and I am spamming?
whatever. ill stick to this room and my 5 posts a week from now on.
GOOD WEEKEND ALL!!
long MSMY
-X
next resistance levels are
.0055ish
then its .01
then its blue sky to .03
then its .04
then its .08
then its .12
then its .16
then its .32
then its .52
then its "RISKON'S" 500 dollar mark.
LOL GO MSMY!
-X
MSMY TAKING OFF! NEWS COMING!!
MSMY TAKING OFF! NEWS COMING!!
wow 9:28am and ask verry thin today. good-sign?
usually its loaded up by now.
-X
What we got here, is-a patient sub-penny flipper/manipulator
been watching the roller coaster,
someone is sitting on buys at .0025ish, and getting filled over a week or so, then sitting on sells at .003+ , basically, your "rinse and repeat"
i have no doubt its a MM. heres why.
before i put in an order bid was .0031, ask was .0033.
I put in a sizeable order at .0031 with an offset of +.0003. (hopefully to break the .0033 resistance and get it up to .0034 basically a market order of .0034)There was an immediate fill of about half of my order at .0031, then i noticed a bid for the exact same amount of shares that had not yet been filled in my order at
.0031, and the ask jumped to .0034.
basically, the MM didnt want to fill the rest of my order with someone else, he wanted to buy the same amount cheaper than my offer, and then sell them to me for a profit. (i know this is how mms make their money, so no flaming me..) my issue is, the second half of my order, even though was up to .0034, (and was processed before the MMs order) it did not get filled. I saw what was happening on L2, and quickly cancelled the rest of my order, and re-submitted a new order at .0031, so he didnt make any money off of me this time.
Just letting you guys know what i saw. hopefully this helps.
by the way, i haven't been sitting on the bid all day, I did slap that ask all the way to .0035! your welcome.
-X
I checked the website this morning, I found 2 new faces in the MSMY clan.
looks like they hired a treasurer and a director of design.
positive move? hiring people? could be, but they have to pay them, so look out for some dilution or float increase soon.
long MSMY
-X
some come up this month. i think on the 10th --dont remember how much though..
-X
you asked why?
i am guessing the rise in volume over the last week is because all those preferred stocks that ripen this month, and whoever has them will be selling, if they havent already started. watch the float closely in the next week or so, I wouldnt be surprized if it increased 10%, and we take another price hit.
I hope Im wrong.
we need a PR soon.
IMHO
-X
I wouldnt doubt it was him and his cronies who triggered the drop,
Cutting their losses.
We Havent heard from him much if at all since the crash.........hmmmmmmmm.
After all, it only took a 7million share sell to trigger the avalanche, (go back and look at the 15min chart) and my guess was thats about how much he said he had, (go back and add up all his posts) then look at his ihub signature, thats the tell all. IMHO
If i'm wrong, sorry. But if im right, then hes definitely off my Christmas Card list.
One word; "KARMAISABITCH!"
Have a great weekend folks!
-X
Thanks for the explanation retiredMM, i was hoping it was more like" 1/2 now, half on completion "type of thing, they didnt show a considerable amount of money in their latest financial filing, so i was kind of wondering.
It would be nice for that first installment check to come to fruition before christmas! It would Pop that pps up to .17 +again!
Thanks again,
_-X
what happened to the "inked Deals"? anyone? anyone?-LinkAttached
MSMY on Reuters LINK
24 million dollars inked should have been major. is this why the pps went to 17c? back in the summer?
I know this is old news, but 24 million for this year shouldnt be trading at .002-3
anyone with a worthwhile answer gets an "A" for the day.
-X
You should send this 5 times a day, and also carbon copy their new "PR" guy, AND the director of the S.E.C.
do it every day, even on weekends until he responds. Maybe if he sees the SEC email in the CC, he will return the message.
sec wiki
This is what i do when i want an answer.
Try it. Everyone try it. Believe me, you will hear something back.
_-X
Here is some info for all,
Steve Mcmillion
he is the property manager for this adress,
40 days since last PR on the wire.
Wonder when its coming. Has anyone called the office lately?
For real?
-X
no, its not true.
now go find somewhere else to BS
@RAREFIND
novice? HAHAHA. thats funny. -no comment.
oh, by the way, did you hear you've made it to the big time!
on the video that @Illinimat has been passing around, your rocketing to an internet celebrity!
MSMY LONG and in the Black.
-X