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DBMM is struggling sub-penny and there is a post of "3.7 milly locked at $2".
I call either bullshit or stupidity.
No one with that many shares is not going to flip and buy on a retrace.
Fact!
Posts such as this are what create the "This is a total BS P&D" perception. People run when they see such statements!
If such is the case, keep it under your hat......
Logic is not prevalent in pennies.
CMGO is one for the books.
I'm patiently waiting for it's day in the sun.
I can't believe that it hit 0.0042 today. That is why I sit and wait and don't buy.
Watching my share value constantly decrease is a bitch!
S.P. the way it has been presented, the 211 form is something to be feared.
I have never seen such a basic presentation of a form. It appears to be a rather simplistic, trivial, non-complicated submission form.
Seriously, that is the "dreaded" 211 form?
LMFAO!
I responded to the "hype" that was posted. Simple as that.
You may want to read this before you put the cart before the horse....
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements
There is a name or two on that list that I recognize....
Wow, 48 dollars....
I'm starting to believe that the only thing that will move this in a positive direction is audited financials.
I didn't get my 177,633 @ 0.0060 so don't feel bad.
1 milly AON at that price was very iffy at best. I guess that you never know though.
0.0059?
F'n really?
Unreal......
I'm not selling anywhere near this PPS pmike.
The news is good. The world just needs to realize what is here.
The company releases good news but yet the PPS is idling.
This is completely incomprehensible to me.
What does it take to make $CMGO$ run?
This company is an R/S mill. It was only a matter of time before it happened again.....
I was wondering how long it would take this to get into the trips.....
Do tell....
My understanding (which may easily be incorrect) concerning the 38.5 mm shares is that they are essentially worthless. Why would someone agree to accept a payment on restricted shares @ 1/3 of the current valuation if they could get full valuation (as sad as it is at the moment)?
The current PPS should be totally irrelevant to the offer Glen has put out there.
Time will tell SS. This has got to be the most frustrating stock that I've ever been involved with. It is enough to make a Saint cuss. And I'm no saint......
I waited a week before I bought shares yesterday.
Apparently I should have waited longer....
I guess that the pump is over.....
I also received a few emails.
If this is a P & D, it has a pretty lame pump going on.
I'm watching simply out of curiosity.
Shouldn't someone pump it before a dump? It's been pretty vanilla around this one.
Your perspective is valid. I expressed nearly the same sentiment last week.
Unless some amazing news pops up, this will not run solid until all of the "dissatisfied customers" are gone.
The thing that I find bothersome is that when there is any significant rise in PPS, there will be a related sell-off.
There are many whom desire to take profits and scoot. They are justified in their perspective (somewhat).
There are also the astute whom will double the bounce and drop sell and re-buy lower scenario. I can not blame one for that action either.
CMGO will be a dicey gambler's bet until things settle out.
I percieve that the positives of CMGO far outweigh the negatives.
Simple musings of an investor.....
Nice countre-point.
I saw that response to Glenn's tweet.
If more peeps held that perspective, we would be in a much better place.
4. Volume: The issuer cannot purchase over 25% of the average daily volume.
Volume has been rather low lately. I think that peeps are either ignoring this point or they are not aware of this restriction in the buy-back process.
Hell, I dunno......
Certain individuals are crying "Why isn't Laken buying 10 million or 50 million shares at a time?" Well, I guess the 25% of daily volume thing does a pretty good job of answering that.
Do tell.....
"show me a sub-penny stock with a Balance sheet/Income & Cash Flow stmt that rivals CMGO's."
That is what makes this all so terribly baffling....
You are correct.
Procrastination is my bane.
Almost all of what I hold of CMGO is over a penny. My main broker does not allow sub-penny buys. I only recently set up an account with TD.
And yes, I will readily admit, I'm not of the trader mentality. I'm more investor minded. The wrong mindset for playing pennies, I know.....
I wish I had held on to the powder I blew on this earlier this month. I could be sitting on much more shares if I had waited.
Such is life......
Not all of the longs here are fortunate enough to have your buy points.
Forgive me if I'm not excited.
You must be seeing something that I'm not.
Bottom resistance seems to have been broken. Where to now?
The chatter on Twitter is obviously ineffectual.
Well stated RJII.