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If this order gets gobbled up in one hit, I would imagine it to be short covering at a massive profit, rather than a "buy order."
Is there any questions now that a large entity is gaming this stock?
IMO only.
Here you go boys -- Haiti action about to start heating up....
http://www.miamiherald.com/2011/09/16/2410240/conille-gets-crucial-nod-from.html
A Haiti-born senior U.N. official tapped to fill a months-long political vacuum in his homeland should become prime minister, a commission charged with reviewing his qualifications said in a 21-page parliamentary report obtained by The Miami Herald.
“The Special Parliamentary Committee has the privilege to recommend to the Assembly of the Chamber of Deputies to give a favorable vote to ratify the choice of Prime Minister-designate’’ Dr. Garry Conille, the commission said.
The commission that prepared the report was led by Deputy Levaillant Louis-Jeune, and consisted of nine members of the lower house, also known as the Chamber of Deputies. The Chamber plans to vote Friday on Conille’s nomination.
Read more: http://www.miamiherald.com/2011/09/16/2410240/conille-gets-crucial-nod-from.html#ixzz1Y8i6VxYO
Current bids @ .03 are short covering orders IMO, from how it traded at .03 when the bid was .0251 and the ask was .031, and to only have a "5000" order size. (IMO, may be wrong on this, but throwing it out there).
Also interesting it is UBSS who has been sitting out of recent action.
I think the large short position is providing the large asks.
If you have noticed, one way it gets smacked down is there is a large sell order at the bid, and it becomes the new ask. From there it takes a bit of shorting (eating the bid) bid to lower the price further and then the entity moves their sell order ask down, undercutting to further strengthen their short position. At lower prices, shorts can average cover to lock in profits, but continues to go as low as it can be profitable in doing so.
They have shares as xtreem has mentioned, but are able to make more on their short positions than the loss of selling lots, as the bid side is rather easy to crack through ($$$ wise). If this is the case, they will then probably load up on the bottom, and ride out any wave up, hoping to repeat the whole cycle over again.
The only way this is gonna stop is if there comes large buy-side volume that disallows for a single/multiple entity to play this stock.
Like I said, nothing to do with the actual company (imo).
This is just my working hypothesis right now, feel free to chime in.
Interesting the shorts took place in the morning, instead of the early-mid afternoon like it usually does lately. Does anyone know if today's quadruple witching (options expiring) applies to OTC positions at all?
I doubt it, but just wondering.
Shorts thrive off of fear....
Something tells me the guy who wants to "cash in" on the "Haiti Gold Rush" (Lucke) is not sitting on the board of a shell company. I seriously doubt a person with his resume would bother wasting his time, if he didn't think he could steer some contracts...
MSMY has a very larger shorter.
Somebody is gaming this stock like no other.
http://regsho.finra.org/regsho-Index.html
Yes, but as I tried to mention in my post 860,000 short positions and probably about 500-550,000 covered shorts from what I could tell. That leaves about a net 300,000 short at these levels for the day. Very sad, but penny stocks with limited liquidity provide the perfect place to try to pull some shenanigans.
My feeling is someone targeted this stock b/c they saw it ran up to fast, to much... and going into the summer with no substantial news an entity with a sizeable position took advantage of the uncertainty that speculative stocks have, almost on cue to break people's wills and force capitulation, benefiting from fear and continual shorting. The low volume is key for a situation like this to arise. The trading that I watch on the LVL2 seems like it is too organized to be many different people, instead this is a fund/few people/something fishing for easy cash off fear and power.
Personally I don't think the Cohen Report helped the situation, and if it is going to come up with a .52 cent target, it should do so in a different way, that would include a big contract from haiti, and then we may be talking more realistic chances. This may have been an invitation for an entity to target this stock, and I hope management does not release any more of these sorry research reports as their news. I personally chalk it up to these guys not knowing how to promote their stock, as they have a lot on their plate, and they are just engineers and out of the box thinkers. Let's just see some results and it will all clear up, and I can forgive their error in creating a lack of credibility when using such a report.
I could be wrong, but these are just my opinions.
Long here, and willing to wait these waves out, and see what the next day brings. My eye is on the company fundamentals, as they will ultimately determine the stock price. And I will be very intrigued what type of news/other information comes about if Haiti starts distributing money for cleanup/reconstruction.... something MSMY seems to be preparing for....
Todays Short Volume:
876,715 out of 1,930,261. Confirms it is not dilution, or even dumping. I bet you there was maybe 550,000 (with a 330,000 chunk being covered at .033 at the end of the day) in short covering and also 400,000 in buying and maybe 75,000 of selling. Somebody is gaming this stock in a big way, but these are only games, and will mean nothing if MSMY can get on a roll here with some ink'd news, or a favorable prime minister position in Cornelli setting up for the MSMY potential canary, which will probably be known about by mid next week from what I have been reading. I'd say chances are favorable, as he fits into the UN government that is being imposed in Haiti.
http://regsho.finra.org/FORFshvol20110915.txt
9/15/2011 |MSMY|875,179 (Short Volume)|0|1,930,261 (Total Volume)|O
330,000 Short Covering Order @ .033?
Is that what that was? If so, bottom's close for MSMY.
Spot on on the analysis, I was thinking the same thing but could not formulate it in words. SQUEEZE THE SHORT at the artificially low prices!
This is going to create one big short covering rally when the time comes. But this guy will most likely try to keep it down until he is ready, unless there is enough pressure on the ask.
This is not regular traders trading....
This is something else, either dilution, shorting (which I have linked earlier, and will re-link again), or very large entities bailing (doesn't seem to likely to me).
The short position has been massive, and I am sure today is no different by looking at the orders. These large blocks being set up on the bid side just get smacked as soon as they are put up. All of this action is b/w NITE, CITI, and now HDSN.
http://regsho.finra.org/regsho-Index.html
There seems to be a big short on MSMY. Check out the ORF pages.
This one is from is the short volume vs the total volume on September 8th....
Someone is short, and large. Taking advantage of the low volume perhaps, or until they run into enough buying pressure to make them turn around and cover?
20110908|MSMY|548227 (Short Volume)|0|1209374 (Total Volume)|O
Haiti - Politic : The statements are multiplying around the Dr. Conille
The Grouping of Parliamentarians for Change (PRC) constituted ??earlier this week claiming to be the new majority in the lower house, has appointed yesterday, 12 deputies to meet the President of the Republic and Prime Minister-designate, Dr. Garry Conille. "We are ready to meet the President of the Republic and the Prime Minister-designate at their convenience, in order to ratify it, if his documents are in compliance with the constitution of 1987" stated Fritz Chéry, leader of the RPC.
insert-text-here
That and what is going on in the global markets. The central banks of the world are unveiling more inflationary stimulus, and the primary safehaven is being sold off today (gold/silver).
I would recommend for all my fellow MSMYers to buy some physical silver if you can, for the days of the US Dollar are nearing.
http://regsho.finra.org/regsho-Index.html
There seems to be a big short on MSMY. Check out the ORF pages.
This one is from is the short volume vs the total volume on September 8th....
Someone is short, and large. Taking advantage of the low volume perhaps. Maybe it's bobbies ;).
20110908|MSMY|548227|0|1209374|O
This explains these mysterious lots, and why the bid side keeps getting slapped. It is not people selling always as much it is shorts being initiated. Crazy to be doing this on a pink sheet like this.... especially in a company with connections/fundamentals such as this one.... hmmmm....
Mr. Algier went on to say that, “Our plans also include the development of an oil spill response team, building Mobile Rig-Shacks that include DualZorb Spill-Kits as well as providing living quarters for the field workers, and we will continue our focus on participating in the reconstruction of natural disaster areas throughout the world.”
Once any $$ contract comes in....
MSMY is suffering from credibility issues for many investors who got in at highs and see it down here at lows, who may see a lot of pieces being put together, but do not see the results in which manifests into the share price.
The way to put all this to doubt is for MSMY to show some sort of ink'd deal of decent size, to legitimize the company. MSMY has only been around nearly a year, and the ideas and innovation they are trying to achieve is not an instantaneous process, especially in its industry (regulations/guidelines/bureaucracy).
If MSMY can show a cash flow from a source of accreditation, I feel speculation will return in a big way for the potential of a big contract payout in Haiti.
I am happy about doubling my position down here in the high .03s, as I have confidence in the DD that I have performed. That is really all investing comes down to... along with timing!
Life is all about taking calculated risks. Nobody can say for 100% certain what will happen, but when has that ever been the case?
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GLTA
New Statement about Gary Conille:
http://www.haitilibre.com/en/news-3796-haiti-politic-new-statement-around-the-candidacy-of-dr-garry-conille.html
The Deputy Abel Descolines, Mirebalais/Boucan Carré (LAVNI) Recording secretary of the Special Commission in charge of reviewing the record of Dr. Garry Conille said Monday that the Commission began the examination of the documents "...we will verify the authenticity of documents and after, with our various consultants, specialists in international law and constitutional law, we will confront their ideas on the question of the residence of Prime Minister-designate. Already, in the documents submitted there is a certificate of residence issued by a town hall of the metropolitan area and a certificate of residence issued by the justice of Port-au-Prince to Mr. Garry Conille [...] the only thing we can say today, is that we commit within the Special Commission this time, to make recommendations in one way or the other to the Assembly of Deputies, we will not let uncertainty persist [...]."
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This is the roadblock for contracts in Haiti... if he gets in, MSMY is going to get very interesting in the short/medium term, IMO only.
Yeah, talk about slow potatoes today. The good news is selling didn't hit the all day bid (finally), or get walked down on the ask, as the action was far from aggressive to unload. Could the selling be exhausted now that we have spent a couple days under 30 RSI? Tomorrow will be interesting to see how it trades.
On another note, MSMY has claimed albeit not in an impressive manner, but at least the first sign of positiveness with respect to the moving averages. MSMY has been under almost all moving averages for quite some time, and with today's lack of action, the close at .044 is above its 5day moving average (gotta start somewhere). This would be better if this was on stronger volume, but at least the asks were in the mid-4s for most of the day, instead of the .03s like we have been seeing last week.
In all, this is a lot of noise as the only thing that will matter when it comes down to it is if MSMY can get some contracts. That is where the DD comes in.
GLTA.
I have been buying today, and have a few more shares to purchase. I have nearly doubled my share position in the last 2 days. While there has been a consistent amount of shares from NITE and CITI, it is very encouraging to see volume is returning right on cue after labor day at these lower prices. Another day of stronger volume as we speak.
During this downturn I have looked more into the company, as my initial purchase was a bit too prompt and based on some instincts I have had about the connections this company has in Lucke.
The more I have looked the more I believe the management, the more I can see the plan they are laying out. I trust that these are real people, who have better things to do than create a pump and dump. They may suck at promoting their stock/company, or understanding the dynamics of a stock price, and only results will be the thing that will make or break this company. Their upside potential is large if they can establish themselves in this growing industry.
My gut is telling me this is the right time, the right place, the right ideas, with the right environment for a company such as this to succeed. Let's just see how they manage their stock if they do get some success going.
Garry Conille confident, submits his documents
http://www.haitilibre.com/en/news-3764-haiti-politic-garry-conille-confident-submits-his-documents.html
Mr. Conille was confident to take the step of Parliament "I would not be here if I did not have confidence."
Levaillant Louis Jeune, President of the Special Commission in charge to review the documents of the Prime Minister-designate declared "...Mr. Conille made the submission of his ocuments to the office of President of the Chamber of Deputies, as it starts to get late, the Commission took an appointment with the office of President so that tomorrow morning [Friday] it makes the transfer of the file to the Commission so that we can start working. [...] The first step is to take possession of original documents and then assign the tasks, make a copy of the file so that the original be entrusted to the office and get to work immediately... [...] We have no emergency, we want to do a proper job, we have no deadline, to deliver our work. Obviously, we will make efforts to have the report ready by the end of next week, but we have no pressure [...] society can trust us, we will examine the documents [authenticity and compliance] submitted and we will tell the nation what we found in these documents [...]"
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Looks like we should know by the end of next week.
If this guy gets in, MSMY's chances of getting a big Haiti $$ increase by exponential amounts.
IMO only.
Large orders set up for someone else to take?
Is it just me or does some of these large orders on the ask come through (like the .038 for 250,000 shares), it is bought rather quickly. I feel as if there are pre-arranged trades going through, as the size/consistency of the size being eaten up for when the trade is placed either suggests there are hungry eyes that take large lots or that these shares are just flipping hands in a discrete way?
Any comments?
I am liking the volume though, good to see it returning. Would be discouraging if it was not coming back right now.
Indeed RetiredMM,
Nothing is certain especially with his eligibility concerns (5 previous years living in Haiti "needed"), but I have seen the political machine work around this petty rule here in my home town of Chicago (Rahm Emanuel evaded this loophole with a "similar circumstance"), and would imagine if he is wanted... he will be instilled....
Considering the fact that Martelly is probably a stooge (whether or not he is aware/what his intentions are is a different matter) who was "encouraged" into the Haitian government by the UN... I have a sneaking suspicion that this nomination was the plan the whole time along....
Put two prime ministers up who were "not right for Haiti," and then offer the choice that was really wanted. After all, they have to make it look like there is a democratic process going on in Haiti, even though it is all a set-up by the UN.
Just trying to keep this board focused on what actually matters concerning potential contracts for this company, glad you have been here giving a very sound perspective the whole way through. I have learned a lot from you.
Enough with focusing on one another, lets focus on the company and factors that will affect the share price/analysis.
Regards to Rarefind, all it takes is a look at his profile to understand what types of games he is playing.
Dr. Garry Conille Designated to be Next Prime Minister of Haiti
http://defend.ht/politics/articles/executive/1633-dr-garry-conille-designated-to-be-next-prime-minister-of-haiti
Garry Conille and Pres. Michelle Martelly
PORT-AU-PRINCE, Haiti (defend.ht) - President Michel Joseph Martelly, on Monday, designated Dr. Garry Conille for Prime Minister of Haiti.
The letter, received by both presidents of parliament, Senator Rudolphe Joazile and Deputy Sorel Jacinthe read:
Some larger orders rolling through. I tried hitting the ask on the first 70k @ .0425 lot and it triggered 100k worth of buys, and then had to re-set my order, as my order did not go through.
Anyone else notice that putting orders through tends to "trigger" algorithmic like actions from the bid/ask prices?? Definitely too fast to be human reactions, and happens with to many consistencies.
I wonder how many of these MM's are "smart algorithms," and how many are real traders. Nonetheless, finally taking advantage of the lower prices as I don't see an ask on MSMY being in the .03s for very long if it does decide to go there, as there should be nimble enough buyers if that was to occur. After all, .04 to .06 is a 50% gain. .03 to .06 is 100% gain. There is some volatility to be had here at these levels, especially if one thinks this company has merit.
Took some off of one my less volatile miners and adding to MSMY down here.
It is best to BUY FEAR and SELL GREED. This seems to be one of those fear situations.
IMO only.
Next week marks the end of "sell in may and go away," as volume will return to the markets after Labor Day. This is a good thing for speculative stocks, as it has been mentioned accurately here before that this stock will not move up unless buying volume returns. Summer trading is usually characterized by low volume, aka "summer doldrums." It is apparent in most markets.
Why would buying volume occur now? Well, considering that this stock is at lows instead of highs, has been making moves in the pipeline, and may draw speculative interest from the resolution of the haiti prime minister choice (allows for contracts to be issued), there is something to look for.
From a technical standpoint, if it can hold .04, it would set up for a double bottom off of its original breakout point. The RSI is near/bouncing off of 30, which is the lower end of the range, and the accumulation/distribution factor is still very high.
As for this company being a pump and dump... please read my previous post about the fact that there are real people behind this company.
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From the email I received from Tim Algier. Remember, this guy is NOT a finance guy, instead he is a ENGINEER and INNOVATOR. I believe his word, if you don't, then you shouldn't be in the stock, as simple as that. All of this complaining is really useless and honestly just creates misrepresentation of what is really going on. There have been plenty of warnings from posters about returning to .04, and here we are. Decide for yourself, and for the love of god, stop posting out of emotion and start using some facts. Yes there have been some blunders, but does that mean the apple is rotten? Decide for yourself.
...
Indeed, and it will most likely be viewed/presented as: "Conile has previous experience with Bill Clinton that will serve in a cohesive manner in aiding the reconstruction efforts in a prompt and efficient manner."
Anyone who rejects this viewpoint will be seen as someone who wishes to disrupt the long-term reconstruction of Haiti, as this nomination offers quite a fit for the position... considering the circumstances
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IMO only.
Bill Clinton aide named as Haiti's 3rd pick for PM
http://www.google.com/hostednews/ap/article/ALeqM5jBYGfe5KLekqfXvPcHe8XEFwYRAw?docId=c6f3db5dcae94c6090ff0435dc7d3379
PORT-AU-PRINCE, Haiti (AP) — A recent top aide to former U.S. President Bill Clinton in his work as the U.N. special envoy for Haiti is being nominated to be Haitian prime minister, a legislative leader said Wednesday night.
Saurel Jacinthe, president of the Chamber of Deputies, told The Associated Press that Haitian President Michel Martelly picked Garry Conille as his third nominee for Haiti's head of government.
....
The failure to install a prime minister has put reconstruction efforts from last year's devastating earthquake on hold.
Conille, 45, could meet opposition as he goes before parliament for approval.
Lawmakers are almost certain to raise questions over his eligibility because he has not lived in Haiti for five consecutive years, a constitutional requirement for the post. The Martelly administration will likely argue that he is exempt from the residency requirement because he has been working for the United Nations.
.....
If approved as prime minister, Conille would assume responsibilities as the other co-chairman on the reconstruction panel, which has drawn heavy criticism for making little visible progress since the January 2010 disaster.
Conille could not be immediately reached for comment Wednesday night.
A reminder for some who only look at the stock price:
Remember, there are real people behind this company. Tim Algier is not a crook, but a real person with real credentials. The email that I received from him confirmed his genuineness to me, which leads me to have strong confidence in the company he is running.
While the news of company partnerships that we are seeing is not contract news (which is where the canary in the coal mine may reside), it is laying out the framework for a bigger plan. These guys are engineers and innovators, not financial gurus and company stock professionals. Yes this is unfortunate, but at the same time it should resolve itself and create opportunity for those with sideline cash if the company is to turn into something (has a wide direction it can go).
Additionally, I would like to note that Lewis Lucke is not somebody that would join the board and sit on it for 5 months now. He has credentials of size, given the $4billion Iraq reconstruction budget given to him. He has history that shows he has been in charge of big deals, and considering the circumstances, I think it is safe to say that he is not along for a pump and dump.
Remember that the source of the untapped money for reconstruction is chaired by UN Bill Clinton, and now as I write this, I look and see the following news: Bill Clinton aide named as Haiti's 3rd pick for PM
http://www.google.com/hostednews/ap/article/ALeqM5jBYGfe5KLekqfXvPcHe8XEFwYRAw?docId=c6f3db5dcae94c6090ff0435dc7d3379
Do you see the pieces lining up?
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Read through their history again, with the perspective that these are genuine people, trying to do a genuine thing. They have their businessman in Lucke, all they have to do is work on their product and get it to distribution. If this company gets going, it could really catch on in these current days... as the need for their innovation is really quite a story....
History
The environment has always been a concern and generated many discussions for Tim Algier and his friends as he was growing up in Los Angeles. An avid beach-goer and body surfer, there were many occasions that going into the ocean was banned by city officials due to municipal sewage overflows, especially after a rainstorm. Attending high school in the San Fernando Valley, we had days that were so smoggy that the football and swimming coaches had to shorten our workouts and sometimes take a day off. The discussions with his fellow students centered around “Why does this happen and what can we do about it” There were even days where the city was on alert to stay inside.
As a student at the school of Architecture at USC in the early seventies in Los Angeles, the physical environment that we lived in became a much focused topic of review. Many theoretical questions were raised in the studio as to why we build structures, spaces and support facilities the way we do, and could it be improved upon The earthquake of 1971 was centered in Sylmar in the East Valley, but even at USC downtown, it shook long and hard enough for the students to leave their dorm rooms and make it down to the streets and parking lots. Viewing film of the 12-story Olive View Hospital completely collapsed and hundreds of homes damaged redirected our studio discussions on design flaws.
Why are we building houses today with the same construction methods that my great-grandfather’s house was built with Why wood studs and nails Why plywood and plaster Why wood and asphalt shingles When an earthquake destroys a house, why do we re-build it the same way with the same methods and materials Does that make any sense Communities in Malibu and the surrounding Santa Monica and Foothill Mountains where forest fires occur on a yearly basis are perfect examples of a continuous cycle of “building the same way over and over again”.
Although we get very little rain in the LA basin, when it does rain, especially for consecutive days, all the streets with all their trash, leaves, animal waste and automobile oil residue gets washed into the concrete culverts and concrete lined LA River and then ends up in the ocean where we surf and swim. Why did we design it that way When storm water is diverted to the sewage treatment facility, it cannot handle the increased volume of waste and it just overflows into the sea. That is a problem that requires a solution.
While employed at Fluor Daniel Engineering and Construction Corporation, Mr. Algier worked as an architect on many large industrial facilities such as oil refineries and nuclear power plants. All of these processing facilities had to meet all environmental regulations and there was an entire environmental business sector assigned and devoted to this cause, specifying and engineering wastewater treatment plants, bag houses, air quality treatment facilities, and solid waste dump sites. Mr. Algier was tasked to develop the design specifications for a building to house the plasma incineration chamber for the DOE’s Yucca Mountain Repository in Nevada. On a trip to MIT where the chamber was being developed, he met Richard Sohn who was investigating plasma incineration technologies for radioactive waste. Mr. Sohn’s team was evaluating the environmental impact of the technology and the facility requirements to house the incinerator.
After trading their research documents, they realized that they were both architecture school graduates working in the environmental field with very similar goals. Tim and Richard’s passions, work histories and skill sets overlapped and complemented each other’s. Mr. Algier decided that they could turn their experience and contacts into a U.S. based consulting business and they named the company “Centiuum”, which is a combination of the words “centrum” and “continuum” or “the beginning of the infinite”. They have been building the environmental business by teaming with new technology companies based in the U.S. who have patented solutions that can help solve the environmental challenges that industries face today worldwide.
Then while attending an AIA Convention, Tim Algier met Jerry Kammerer, who had been building homes with a new economical method in Florida, Mexico, Wyoming & Montana. Jerry had designed and engineered a new building system using lightweight steel tubing laminated together with closed-cell insulation. He had U.S. Patents on file for several of these exciting new technologies that fit perfectly into the Centiuum business model and our way of thinking. His addition to the company completed the team, creating a synergistic focus toward the future in varied, yet related sustainable building arenas.
During the growth years, Mr. Algier focused on locating new U.S. developed technologies and entrepreneurs who were working on projects to help solve the environmental challenges that builders and manufacturers were facing. Most of the business focus has been on “clean technologies” for water supplies and wastewater remediation. It has now evolved into the business sectors headlined by sustainable building systems, wastewater remediation, and renewable energy technologies.
We believe we are the right company to meet the needs of our time but flexible enough to grow and change as the world’s and our clients’ requirements change and evolve.
Re: Cleaning House
The ask side does look pretty "clean" as you have mentioned. There has been a lot of large-scale movement going on behind the scenes on the lvl2(not trades but orders in certain price ranges), as I have mentioned several times about "bid support showing up in mass."
It seems everytime bid support shows up in mass, so does the seller. The most interesting part about it is that the bid support shows up all at once, is that market makers that never participate in the normal range get filled for some nice orders. Intriguing to say the least, as their orders on the ask side never really fluctuate, and now even line up nicely for a run to .090-0.095, and then .15-.155.
I have witnessed this on the bid support and dump on three separate occasions, the .07 drop a while back, the .045 drop, and today's .05 drop. Very interesting market action to say the least, and you can surely state that this type of action is not representative of the underlying asset of MC Endeavors, as this is not normal market behavior.
Very odd, but at least the volume is drying up on the sell side as well. Not much lower to go from here unless this stock is gonna tank and stay down, but I don't see that happening with the labor day volume returning and this industry becoming more and more in the eye of the investing world. I am liking the developments of Haiti's Prime Minister possible choice, which could bring some speculative interest back into this stock once that issue settles.
I may be naive, but I spend a lot of my time researching gold/silver/miners, and the connections here with the "purse to spend" has lured me away from some very lucrative juniors/producers. Maybe this is all just a really good story for a 3rd party program, but something tells me that MSMY will be a stunner. The only thing that really has me pondering is how long it will take compared to my other investments which are soon to be off to the races.
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In the end, just remember that there are people behind all of this. And they are struggling. Be thankful for opportunity in your life as it comes, as many never get such opportunities to have money to invest, let alone feed and shelter themselves comfortably.
Looks like the Organization of American States may be playing out, no?
Just sharing what I have been looking at.
http://www.civil-society.oas.org/documents/Program%20Haitian%20Diaspora%20Forum%20-%20March%2016%202010%20-%20English%20-%20V%20%20EXT.doc
[
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And remember who is in charge of the $10billion purse, and who has a say in where it goes.
Martelly to Designate UN Official for Prime Minister (Sources)
http://defend.ht/politics/articles/executive/1606-source-martelly-to-designate-un-official-for-prime-minister
RetiredMM, thank you for your continued comments, as I continue to learn from what you speak of, in which I have come to similar conclusions of myself.
However, can you explain why they try to induce volume? My guess would be so they can trade back and forth the spreads with their size, "leading" the stock and trading it at a profitable size?
Why do they like to hit it down? Is it because they are short and the losses they take on current share price can be exceeded by shorting and covering at lower prices?
The nature of penny stocks and especially the bid size of penny stocks is if somebody of a sizable position wants to leave, there will be large fluctuations. This is prone to bigger money being able to do what they want with the stock.
I think things in Haiti are progressing nicely, as the parliament and Martelly starting to talk with the understanding that someone needs to be placed as Prime Minister to get the process rolling. Several good articles out recently, although I am sure it is not as rosy as the Western Media may say it is. -- I agree with you on Lucke's connections being the favorable catalyst for contracts in Haiti, alongside these new acquisitions that would seem as if they are prepping for contracts (presumably in Haiti it would imagine, after all Lucke has been there during the past several months no?)
Until there is news of $$$ and legitamit cash enters this company, we will be at the whim of what is going on. While we focus on what is going on in the stock price, which is why we are in this company, it is important to look at the underlying asset and how it is progressing (MSMY the company). To me, it is moving just fine especially considering there will be a lot of money flowing into the reconstruction business, especially natural disaster reconstruction business... and that cannot be a bad thing for MSMY.
Thanks for your contributions.
With all the earthquakes and natural disasters occurring in the world, reconstruction may become center stage in a reactionary economy due to crisis circumstances. Since I expect there to be many more earthquakes in the coming months/year(s), and even one to be extraordinarily forceful, it is possible that a company like MC Endeavors gets picked up mainstream if they can prove their legitimacy with some contracts of size and operations expanding. That, or investors who are looking to "capitalize" off of events may speculatively come into MSMY much the same way many of us have. I can easily foresee a worldwide economy that really brings new investment capital/consciousness to the preciousness of things such as durable shelter. Whether or not MSMY (a new company with a blank track record) could adapt to such a situation is another matter.
This is completely hypothetical, and it is possible this stock is moving solely to a bunch of "3rd party generated" movement. Even if this is to be so, it does not mean that this company is not legitimate, but it will definitely take contracts or news of "higher chance of getting contracts" to get this baby moving above current expectations. This stock is susceptible to 3rd party promotion/speculative buyers as there is a story here that may be realized (increased chance through connections), but is not certain and that is why we sit where we sit, to see if this story plays out (as any investment).