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Gotta say that as down as I am on their dilution, they are getting the name out there. WalMart has a small rack of magazines in the sporting goods section and the MP logo really stood out on the shorts on the cover. Hastings, B&N, you name it, all carry these magazines. People hang out and read them and more buy them. I don't buy them unless there's an article that really catches my eye. I do read magazines on the rare occasion that I have to go in for a physical or something. Have found some good workouts that way. But I agree that the pumps are costing money. Hopefully it will pay off eventually. I am out and am waiting to see what's next before getting back in, if I do.
Most of us have been in and posting since last year or early this year. Check the posts. You just came in with the "compensated" pumpers that overran this board with the tired cliches and one liners.
BTW, good job on the awareness campaign. Now everyone is really aware of this scam. To da moon!
I would guess the company did this. A large trader would have had insider info to plan it to coincide with the recent PRs. Either way, it's likely that management knew about it. I use the products. No problems with their products, but I'm sure there are a lot of people who use their products but wouldn't touch the stock. That's not good marketing IMO.
They are setting themselves up to fail. Who is going to keep buying on good news when they just dilute with the news? They now have a reputation for being a penny pumper that screws shareholders and has incompetent management. Yesterday's pump scam speaks for itself. May be a good buy at .01-.03 then hold a couple of years, but not even sure about that. Down almost 10% at LOD after major pump. Pretty pathetic.
Wish we could say the same about management.
This is a good way to build a shareholder base. Pump it up, newbies buy the hype, dilute, bagholders stay in hoping it will come back up one day. Not the first time they've done this and won't be the last. Great way to win friends and influence people Brad, Cory and now Jeremy.
Yeah, over 5 million shares traded and almost as many pumper posts and it's only up half a penny.
Back to 0.55. Can't break .06 for some reason.
This stock may do well in a year or two, depending on management. Right now it's pump and dilute. Nice trader though.
Yeah, I understand advertising. There's a difference between promoting and amateur pumping. You guys are going to scare off serious investors with the one liner cliches. MIght get a few newbies to buy in though. Hope they haven't compensated you too much, because a half penny pop on 4 million shares is a little pathetic. More company money down the drain.
MSLP can't break 6 cents on 3 million shares.
Which way?
Yeah, looks like pump is over and dump has begun.
Careful people. This army of paid pumpers is a little too obvious.
"next week is going to be HUGE!!!" Sounds like pumping to me. Didn't we hear that about this week?
People announce when they're buying all the time. There's never a problem with that. What's the difference? BTW, without more news, I agree with Taxicat. Take profits today. WIll close under a dollar today, IMO.
I told you guys this would fill the gap, but nooo, this stock doesn't retrace. Buys in at .48 and .60 now.
Inverted H&S on 5 min. daily today. If it follows through, should close somewhere between 1.50 and gap fill at 1.70. (Pumpers love me)
If it fails we'll see .80 -.70, maybe gap fill at .50 within next couple of days. (Pumpers hate me, put me on ignore and threaten with PMs). Don't know if it will go that low, but orders are in on the way down. IMO.
In your opinion? How long is "real soon"? That's the kind of pumping that gets newbies in trouble. BTW, why all the name calling?
Yeah, but I'm not crying for Toby or Scar.
Set tight stop losses if you can't afford to lose a lot. Use a mental stop if your broker doesn't allow stop losses on OTCs. I use 5%. Better to take a 5% loss than a 50% loss. I lost a lot early on, part of the learning curve.
This is a very volatile stock. It could move either way very quickly. I'm thinking turnaround within a couple of days. IMO.
May pick up a few here just in case.
Getting close to time to buy. Orders in for .48, .60 and .70.
Let's call Toby and Scar. Maybe they will save PSPW! What happened to the DD that speaks for itself?
Nice post. I received a few nasty PMs for stating something similar. The problem is that many longs don't realize that they morph into pumpers without knowing it. Where are you seeing a bottom now. I'm looking at the gap and MAs.
It will make it back to $1.50, but not before it sees .70. No problem, will wait to load up then. Not trying to make it happen, it will just happen. Fortunately I was out all for major gains yesterday morning, except for a small long position. Nice trading stock. IMO.
A couple of things happened. One, it was overdue to retrace. In spite of what the pumpers think, stocks do retrace, especially after a run up like the last few days, and two, there was a lot of buy in based on predictions of 4, 5 , $10 (you name it) a share today by same pumpers over the weekend. (Who state it as a fact, never IMHO). No doubt the stock will trade much higher. Some people here just need a dose of reality.
Disclosure: I have a long position and am also trading, getting out near the top for the last two days and buying back in later in the day. I've doubled my account holdings since Friday. And anyone that's naive enough to thing that I'm trying to get the price down to buy more is basically just another pumper. The price will fluctuate due to it's volatility. The only difference between a pumper and basher is the side of the trade they're on. I'm hoping it will go green tomorrow as well. AIMH0
I don't think it's a typical P&D. I do know that a lot of people got in based on the board hype from last Friday and this weekend. Of course the pumpers won't take responsibility, they just say don't buy based on a chat board when it tanks. Out at 2.20 for another great trade. Nice volatility. Will see what the follow through is.
LOL. Don't know why I bother. Good weekend to all.
Me for one at 2.19. Will buy back in a bit.
I've been in this stock and on this board long enough to know that if you say anything about a retracement you are the enemy, probably an evil MM trying to get everyone's shares. Kinda' funny to read some of the posts. I think you have a good point though. Stocks tend to retrace, especially on Fridays. No one knows, but it could happen. If a stock goes parabolic it will probably do the same coming down. Look at silver. I'd rather a gradual, steady ascent, but there are a lot of emotional traders here and they don't want to hear anything, opinion or not, that interferes with their high. Don't get me wrong, there is a lot of good DD here and a lot of level headed investors that you can have a decent conversation with. Many just post their opinion as fact and get upset when you post your opinion as opinion, if it differs from theirs. Being that emotional is a good way to lose a lot of money. GLTA.
Where did I say I don't think the stock has tremendous potential? I just posted my OPINION that it would retrace to around .60. Why does that threaten so many people? Must be insecurity. I am here because of the DD, good TA and comments, and legitimate opinions, not the feel good fantasy posts which are stated as facts, which others feed on because that's what they want to hear. If you're confident in your investment it shouldn't matter if it retraces or not, should it? IMO.
I'm not denying that.
You're right, we don't know.
Being a pumper isn't something a lot of people necessarily do intentionally. Stating your wishes as facts can suck in new investors who don't know the difference, even though they should depend on DD and not worthless board predictions. If you're heavily invested I can understand how you'd prefer a baseless prediction of .80 before lunch, which obviously, hasn't materialized, over a more realistic 50% retracement of a gap up like this morning, on a Friday with a week to go before more news. AIMHO.
Oh, Mr. ".80 before noon EST"? Just giving my humble opinion.
Lots of predictions, .80 by lunch, going up from here, the usual. I think being that there is one week to go before more news, daytraders on board, those that are doubtful and the fact that today is Friday, it will retrace to around .60 before it sees .80. AIMHO.
In your opinion?
Thanks for keeping us above support.