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I will look for 75% - 150% gain this time around. If I don't feel I can get that in a timely manner then 50% gain would be an exit.
IMO- Anyone looking for .003 or higher will be holding shares for a long, long, long time including TJM.
Read more carefully- said M*G is now carrying NASDAQ clients per Friday Tips
Interesting M*G is getting into NASDAQ, opinions???
SKGO/Textraw- did it actually happen, thoughts?
I've got 4M @.0005 and an open order for 6M at .0004.
If you read between the lines I say where I stand.
Made my $$$ here a while ago and have been waiting for it to crawl to .0005 or lower before getting back in. Was holding out for .003 initially but don't see it getting there for any significant # of shares.
What's absolutely wrong is the lies, financials & dilution. Why do you think these shells merge with entities from China? The polular answer is because nobody can prove/disprove most, if any claims or statements made by them.
When the momo/volume is there bank can be made but with M*G once these shells fall to .0005 and below that is where they sit with a few small momo exceptions. I see a pop to .0008, maybe even .001/.0011 and even if/when that happens it will be a short lived rally.
So many are stuck here that they will dump their shares into any small rally just to get out.
Gliding- I've certainly seen your tune change dramatically as far as VCTY/M*G is concerned. It seems most of IRs shells are just platforms to enrich the few and rob the majority.
The only way to play these is riding the momo & volume when the chance presents itself. Other than that, these are not long-term investments and these shells have no proven revenue streams AND definately lie & dilute like crazy.
I wonder how many here are stuck with shares in the .01 to .03 range. I know for a fact many, many are holding shares from above .002 and I highly doubt this will see .002 for a long time if ever.
GL2U and all VCTY holders...
And the stock PPS is 95% empty...
I've had an order for 5M @ .0003 for almost 2 weeks and not a single share has fallen to me...
I feel bad that I didn't dump all my shares and that I can't get any .0003s
So you see a stellar company, IR & stock price here after the dilution, lies, bogus PRs and 95% decline in PPS off its high???
That was sarcasm, obviously someone was dumping shares yesterday.
Also, I never said there isn't $$$ to be made here. I think there is great flip potential when momo & volume are kicking in.
LOL, MM games are always the blame. The Chinese merger scenario is public information and it is widely known that the accounting practices are questionable at best in these scenarios. I do not do DD for others, if you really need evidence do some DD.
How do you think they are going to buy a Cloud Computing company for cash?
Answer = dilute to raise the capital
Next question: If they purchase this Cloud Computing company (that obviously needs tons of operating capital), where will that cash come from?
Answer = dilute to raise the capital
Last question: If they need to dilute to raise the capital what would a share retirement actually accomplish?
I've been playing M*G stocks for a few years and it's the same story with almost every one of their stocks.
FYI- VCTY is M*G
Never stated all Chinese companies cook their books but it is widely known that many do, you may find some DD on the topic enlightening.
If by some miracle they do something with those shares, it would be a temporary game in attempt to attract new investors.
I called .000's for VCTY some time ago, how accurate have you been with VCTY predictions???
FYI- I don't bash VCTY, I state things as I see them based on experience...
I've traded VCTY very successfully and may even get back in if it gets to .0002/.0003/.0004.
Nobody is selling??? 53 million shares trades but nobody is selling??? Are you looking at the right ticker?
Gimme a D
Gimme an I
Gimme an L
Well we all know the rest... UTION...
Look at the PPS & the IR reputation & the recent VCTY activities... That alone shows none of it is true & that VCTY is a dilution machine.
It's no secret that China businesses involved in US-based Public mergers can & do easily report cooked books.
Or it's a an engine for dilution...
Unaudited financials of a Chinese business are worthless.
With the best of news VCTY will struggle to break .001 and if it does it will mostly be a short lived run. There are many M*G example clients out there right now to prove this theory.
Once the penny players get sick of M*G games they typically do not reinvest unless they're stuck bagholders (averaging down) as many here probably are. So if that's the case where will the new buyers come from to run the price up?
These are momentum plays and typically not investments. Once the momentum and reputation are gone the .000's show up...
All ears, please PM... GL here with SKGO!
More info please? Only reason I'm hanging around is because when I sell PPS tends to go up within a week... ;(
My ADD only let's me watch the paint dry for so long.
Maybe because unaudited financials of a Chinese business are not proof of any level of success or profitability.
Could also be that OTCverify doesn't prove of any level of success or profitability.
Hopefully soon. I'm giving SKGO a few more weeks at most. If there isn't a momo play or decent run to over .001 then my 15M will go at .0008 or maybe even .0007 if need be. Sold 15M at .0008 on the merger completion news and like you wish I dumped it all.
Fortunately my last 15M was almost all free shares from the good old .009 days. My remaining 15M are .0005/.0004 and I did grab 1M at .0008 on the initial merger anouncement late last year.
It been very boring here for over a year now with 2 tiny exceptions.
Based on what? It has been at .0005 for a year+ now...
Yes, a couple short exceptions to the PPS but again extremely short-lived.
A real OTCverify report...
A few pictures and a signature and viola verified.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62347961
If progress is a 90% drop in PPS then YES, they are making progress for sure...
Would folks prefer to only read hypsters dreams of where they want SKGO to go someday? Should a new SKGO trader or newbie pink traders think everything is roses with SKGO based purely on posters hopes & dreams? Surely not...
Something would be very wrong if this board sung songs of 1,000% gains, great long-term investment and getting rich quick while truthfully many have lost much of their SKGO investment and while the PPS has been at this level for over a year.
SKGO truth tellers, dreamers, bashers & pumpers and whatever the label may be all play a part in informing people and providing information to follow up on.
Does a truthful (but deemed negative) post really change this stocks PPS, not likely...
If you were buying a house and the selling realtor says this is the best deal on the planet and this is the best neighborhood to raise your family do you blindly believe those statements and spend you life savings on the house with no DD, without talking to the neighbors, without getting an inspector, without getting a buyer representative? I sure hope not...
Reverse boost = opposite of boost = push PPS down
I certainly hope this isn't the case here
Let me add- worrying about who's selling is an extremely valid worry. Not sure how happy folks get when it's SKGO/M*G selling 10s to 100s of millions of shares.
Hopefully it will run, that's why people trade pinks, no?. I held 15M free shares since the last big run, that's a long, long, long time for me personally to hold any non BB stock. I held waiting for the next big run, in fact I've been waiting so long that I was able to pickup another 15M last year mostly .0005 and some .0004.
That said- I simply answered his question with my opinion based on the stocks performance over the past 1.5 years or so. I stated IMO that a purchase over .0005 MAY end up being held for a while before any opportunity to profit presents itself. And even then, is that profit worth how long your funds are tied up.
Now back to- hopefully it runs and runs big, only time will tell...
At least I don't blow smoke stating SKGO is definately going to run or it's definately going to return 1,000% profits. Maybe it will but after a completed merger AND daily PRs AND 600M shares turned over AND .0005 is still getting hit, really???
I bet all the folks that just bought at .0008 are thrilled that folks told them SKGO is a huge runner...
IMO only .0005 & lower is safe entry for right now. Even at that do not think about %1,000 returns and consider that money may sit here for a long time with no opportunity to profit.
What's good enough for me is not in question here. I am not the topic of this board.
I simply pointed out that if OTCverify is what got you to buy SKGO then you should know that IR owns OTCverify.
Wish they would get current on OTC Markets. I really don't want to sell my last 15M at .0007 or .0008.
No it's not a credible source,
Exactly. Scroll to the bottom of the OTCverify home page and tell me what you see...
OTCVerify is owned by MinaMoo & MinaMoo operates SKGO.
OTC Verify IS MinoMoo!!!
Congratulations! That open & honest statement puts you up 2 notches on my respect-o-meter.
Sincerely wish you the best of luck...
Maybe, but has she followed SKGO & their IR for the past 2 years? We should all acknowledge that DD doesn't help with this stock. It's about momentum and not DD or PRs.
Look at how this has realistically played out so far from my perspective.
1) Everyone thought the Textraw merger would send this to the moon- it didn't.
2) A hint at a merger with an unknown Indian company was relaesed- it did nothing.
3) 500M shares trade over the last few days- still can't get over .0008 for any large trades.
4) There have been PRs daily- no PPS impact.
Still sitting on 15M shares or so and waiting on the momo...
GL2 all!!!