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A Seeking Alpha is not really aa actual NEWS PR issued from the company.
It's just a blog and should be taken with a grain of salt.
Just Saying...
What's up lately with MIMV?
I thought there would be a flood of information (pr's) about events that should be here in the VERY NEAR future.
I'm a little surprised at the lack of interest in this company.
I hope it's not like most OTC-BB companies that are overhyped and end up with very little value and drift back into obscurity.
Very and eerily quiet.
Is MIMV Halted?
Pretty much no trading..
Charting is all well and good, but only as significant as the next piece of major news which would render the chart obsolete.
And, with these stocks being so low priced, the float would be sucked dry in a matter of minutes.
In other words, it's all "White Noise" between significant news.
If charting was an exact science, all trades would NEVER have a loser - and I know that always the case.
I'm not talking about MIMV. Im talking about IHUB'RS charting sub penny stocks when a small amount of $ would buy the entire float and O/S.
I think the following question trumpos charting on pneey stocks..
Is the company for real or a scam company.
Obviously MIMV is for real....
But seeing IHUB posters charting a .000 stock when $10,000 would buy the entire company is actually pretty funny.
I've never beleived you can chart a penny stock when a small amount of $ can buy the entire company.
Charting only works on higher priced stocks.
Well, looks like the market is placing a price on this MSFT relationship. .38/share.
Most OTCbb companies are junk and issue pr's to either dump shares or dilute.
Could be we are in way ahead of the curve (which is very possible) or are anticipating upcoming events that may or may not happen or are over stated.
MIMV has to overcome the stigma of being traded on a mickey mouse exchange.
You would think that someone would be anticipating upcoming event and buying every available shares. Seeing this volume - looks like no one is buying it - FOR NOW.
In all seriousness though.... Company high revenue would be just 20k - so that is not significant.
Just have to treat this as a start up with potential.
Vague pr's with no confirmable meat is why this stock trades on the Mickey Mouse (OTC-BB) exchange and not a real exchange.
Does anyone know how much Microsoft has actually "invested" in MIMV?
Doesn't sound like much since the share price is 30 cents and the maket cap is lower than pure scam companies.
Another CSTI illegal tactic.
One MM cannot be top bid and ask at the same time..
CSTI is right now..
They should be banned from trading.
Crooks
It will be interesting to see those "Chartists" who will not buy at .48 tripping all over themselves to buy at $3+ when a buyout is announced.
It'll be nice whan Microsoft purchases every outstanding share in the float and the price shoots to $5 in the blink of an eye.
Hopefully it will put CSTI in a bind.
CSTI is a corrupt MM who has been forced to pay fines for illegal actvity many times.
They make millions and when caught - pay a 20k fine (slap on the wrist).
They really need banned from acticting as a legitimate MM (which they aren't).
All you need to know for now is this stock won't go anywhere until MM CSTI gets off the ask.
This is a corrupt MM who is a known MM AXE to kill any upward momentum for any stock and shorting it (Naked Short too) to cover.
Offshore shorts also use this MM to whack any OTCBB stock moving up
Notice on LII that MM CSTI NEVER is on the bid side of the trade - always on the ask selling air shares.
Can we get off this mickey mouse exchange and trade on a real exchange anytime soon?
GAP IS FILLED!
Time for a BULL Raid!
BIG BLOCK BUYS NOT SHOWING UP ON LEVEL II.
Interesting!
Market Cap should be 10 BILLION for this co. after this news...
Yes that's right.... 10 BILLION!
That's a share price of $100.
They'll get bought out WAY before that!
Shorts/Hedge Funds/MM's collusion
This should be UP $4 not at $4.
MM's doping every trick in the book to hold it back...
Just buy and screw them!
It's halted again - blew circuit breaker.. How cionvenient that the MM's can cover for their hedge fund shorts while the circuit breakers are in effect...
How come circuit breakers are NEVER in effect in a bear raid!
Bid is now between 4 and 5.00 on LII
What's amazing is that Earnest is not in Jail.
LOL....
Warned you about this SCAM!
Sure is a swift moving bugger on basically a news blackout for 2-3 months.
There are no to very little shares in the float...
100k shares cause a 3-5% spike.
I hope they are not paying the IR department -- they only work once every 4 months.
LOL...
It definitely has been at the mercy of flippers.
However, it's perculated long enough and ready to move up to the next level ($4 - 6)
Any thin float stock has volitility.
But when good news hits.. try to buy in then!
This could go to $20 in a month (6 bagger) with a 2 million share float and a PE under 1.
Combine that with short interest probably over 500k and enjoy!
I expect earning/year to be $2+.
A modest PE of 5 puts this at $10.
I think $5 is very doable this week.
Remember the float is pretty much locked up.
Maybe they won't pr the earning date since we KNOW it has to be by EOD tomorrow.
Maybe they'll just announce it without warning and not allow shorts to manipulate it for their negative slant.
Maybe a nugget or 2 of unforeseen news along with it would be NICE!
One thing for sure.. this Company doesn't waste ink and/or time on Press Releases of any kind.
Hard to get any information at all of any kind.
Maybe that's why it trades at this level.
a p/e of just 10 puts this at $16.
And it's just hitting hypergrowth mode.
This could be in the $20's by EOY. That's a 5 bagger from here.
No One here excited about a 20% pop this morning..
More to come once earning are announced.
Maybe there will be more (extra) news with the announcement!
The float appears to be LOCKED and waiting for the teens!
Maybe they'll surprise us with earnings announcement today after the bell.
Those daytrading this will be stuck watching it open up in the 6.00+ range and exploding --- and they'll be crying ....
I'll NEVER understand why these types of companies with 70+ million in cash don't pay a dividend.
With 16 MILLION shares out, they could pay a 10% dividend .30 dividend/share and it would only cost them 5 millions $'s and would boost their share price by double or more and would return way more than it paid out and would satisfy shareholders.
Who knows....
The MM's have been sitting on this powderkeg for a week now.
They are assaulting any upward movement probably because they've shorted and have not covered yet.
Watch them quietly cover when news hits.
They know there are NO SHARES AVAILABLE to cover and are trying to steal any loose shares they can get.
and don't forget - 2 50,000 share blocks were bought today.
Once institutions start loading up at %4 - this should quikckly move into the teens and possibly beyond.
We just need to get to the $5 level..
Not in 1 session.
I would say by middle of May - it should be around $8-10.
They will be sitting on over 70 millions $'s cash. That's $5/share.
Book value is TWICE the current price.
With retail outlets probably around 1,000 now - the sky's tghe limit.
Absolutely!
I believe tere are actually under 500k shares that are free trading and not LOCKED UP Tight!.
Any volume combined with good/great news + Short Squeeze/covering and this could/should run into the teens.
Online Short groups have targeted this stock and are keeping a lid on it as long as it's in a trading channel.
Hard to believe they would waste their time for a few % and the risk of imminent blowout earning news combined with almost NO shares in the float... they could lose a TON of money.
There are better shorts out there but until the company releases any news - this won't move much.
Hopefully come Friday, these levels will be LONG GONE!