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No worries, I understand. I bought in a month ago at .008 and have continued to add. I have lurked, so I know the panic and hysteria you speak of. Makes way more sense to me to wait till after Labor day, drop a nice PR on Tuesday. Let her run for the remainder of the week then drop Q2 and BB results the following week and to the moon we go.
No man, wasn't you. I saw your post. It was another user with a similar username as you, starts with a C. Either way, not a big deal. I was just curious to see if they would follow through with their large prediction
Hey now, read my last couple of posts before this morning. I am not trying to spark anymore whining and complaining. And I said I am not guaranteeing a guarantee and that I don't even necessarily believe it. However, when people make promises and guarantees, I do believe they should be held accountable to answer to those. Otherwise how would we know who is speaking truth and who is playing games?
I personally don't care either way, all I want to see is Q2 in 2 weeks. Until then, it is whatever. I am a new poster on this board and if anyone would seriously get up in arms over something I post that isn't any sort of assurance than I truly feel bad for them
I would have to find the post, but iirc it was said that it would be Tuesday or Wednesday by the same poster who predicted the large bounce on Friday. I am not guaranteeing a guarantee lol, but I certainly remember reading this back on Monday.
If memory serves, we are guaranteed a PR today according to two of the most reliable posters here. I am not sold as I see no reason he wouldn't wait until after labor day, but we shall see.
Looks like a well orchestrated P&D coming on. Sorry Longs. Get out while you can
Didn't someone speak of a filing or PR a couple of weeks ago? Whatever happened to that? Anyone in the know on anything?
When all is said and done, the MMs will have had very little to do with KMAG and its success. Right now they are capitalizing on fear and lower volume but lets not forget how stagnant the last 3 weeks have been. If this stock was going to tank back to starting figures (.003 or below), it would have done so already. They will have a couple more takes at small gains and flippings but even without news we will probably close around .0145-.015 on Friday. Again, Q2 results have to come one way or the other and they will speak far louder than any of us or even Jeff can. Lets not waste time worrying about the MM games. all Jmo
I think maybe everybody needs to take a breath and consider not hitting the refresh button 50+ times today. The stock is going to take more than 1 day or 1 week to move towards true value. We all know that Q2 and buyback info is coming in ~2 weeks. What is the point of sitting here watching it go up and down, up and down, up and down, only to see it close every Friday a few % higher than the previous? Put in a stop limit if you are really that scared or a buy limit if you want some cheapies and lets leave this thing be.
Some of the discouraging and unnecessary panic here from longs has encouraged newbies and other lurkers of this board to panic sell on different occasions. We have what? almost 900 followers that we know of, many more that we don't. It is naive to think that our own over reactions haven't turned to self-fulfilling prophecy on a few different occasions here.
I agree with your post, I am at the point where I am only checking a couple times a day and will be less these next couple weeks. Nothing to really see here until the week of Sept 10-14 imo. There will always be some flippers, and we could get banged up again tomorrow, but I do feel like we are rid of a large amount of them that were there for the initial run from .003 to .0165. Fine by me either way, average down a little and enjoy life for now.
Okay, thank you for the information. Some of the activity this month made me think otherwise, but I will take everyone's word for it. With this short of time till Q2 release, seems like BB will just come with that. Doesn't make much sense to release the info before then. Although, were it me, I would have released an additional PR confirming the buyback had ended with the amount of shares rather than emailing somebody on a message board...
This was Jeff's FU to all of the flippers and short term holders. He knew people were expecting news and he delivered but the news was on something that will mean big things for the company long term rather than short term. I think he was making a statement about this stock.
After today, I think it is safe to say most of the flippers and short term holders have exited to go play with other stocks.
Maybe one of you can point me in the right direction. I never saw a confirmation that the buyback program was over?
I do agree with you, getting out will be ideal, but it isn't necessary to see the kind of PPs growth we are all looking for. The manipulation is annoying and frustrating, but at the end of the day, it will never overcome true market power and fundamentals. Just meaning that the MMs cannot negate true value permanently. When they see big runs coming they will back off. Otherwise no stock here would ever have a chance at a serious run like the one from .003 or several others like BBD*, up over 6000%. It is annoying again, but it won't stop us. all jmo. KMAG
It isn't that we need to get out of the pinks. We need one of the PRs that has been promised. And no, I don't say that so I Can sell off, so everyone settle down. But when big runs are coming, such as with what would likely happen here with a good PR, MMs are less likely to try to manipulate as they stand a higher chance of getting caught at a loss. When price is stagnant and news hasn't come for 3 weeks, it is far easier for them to safely manipulate price for a small profit. Not really a big deal either way, Sept 15 is coming one way or the other.
Exactly! With all of the investment options out there, it is laughable to think any mutual fund would even begin to consider mslp.
Yes, I agree, granted the SEC and other regulatory agencies have far bigger fish to fry i.e. they will always target companies who would have the ability to pay a multi-million dollar fine. The accountant side of me does suspect some foul play on those financials but that is as far as I will go on a public forum.
Post is dead on, finally somebody puts it like it is. Putting aside the lack of alignment between executive interests and shareholders interests, the company will struggle to ever become profitable with their current profit margin.
Everyone here preaches Revenue growth, but no one is understanding that doesn't change the fact that all but 16% of those revenues are eaten up. With their current ratios, they would have to more than double their revenues PER QUARTER to be profitable (ignoring derivative liability changes). They may be growing, but this is not happening any time soon.
This company is an incredibly dangerous long term investment and a completely unprofitable short term investment. Learned the hard way sadly. GTLA and JMO.
I believe that he is saying that many are still holding this at a loss so a very small amount of buying pressure can push this above .04 as we saw yesterday. There likely won't be much profit taking until we get up and over .05+. Have to remember many bought in on this at .12-.19.
I hear you loud and clear man. I had much of the same sentiment for this company back in April. And I too am not afraid of growth, but what I finally realized is something very basic that I failed to pick up in my pathetic DD that led to a 30% loss on this stock. The executives are criminals. Plain and simple.
It reminds me of an old quote from Teddy Roosevelt...paraphrased of course....Take a man stealing railway cars, send him to college and he may come back and steal the entire railroad. What I am getting at is that you take the main founders of this company and at face value they are unethical, selfish individuals. Give them a company with millions of dollars and billions of shares of stock and it just expands their ability to take advantage and look out for themselves. They have breached fiduciary duties on so many levels it is shocking that no one has gone after them. Granted a settlement is only worth while if there is anything to liquidate in the company which with MSLP there is not lol.
I am not here to change your mind and there are many motives behind everyone posting on this board. I am just trying to be a voice of reason as I don't want to see so many people get screwed and lose money like I did. Even if this company does grow more and not screw everyone with the R/S, by the time you actually double your money you could have ten bagged it in several other worthwhile stocks with real executives that actually care about the shareholders and their company.
all JMO
wish i would have loaded more today instead of tuesday at .014 :(. Was sure it would be running back up by today.
I'm thinking there are several stocks of similar price currently that would provide you a real ROI.
Just sent an email to investor relations. Who knows if they will even bother to respond. Although I am not trying to flip at the next PR and I realize that come September 15th we will have news and financials and no doubt a nice run up. However, a 300% increase for .018 would be a heck of a lot nicer than one from .008. There is still a lot of doubt about this stock and company regardless of the DD and it would be wise for the sake of shorts, longs and manipulators to release some news. As of now, this is a sitting duck and I am concerned it will be taken down further and further as it lays here stagnant to the point where the audited financials and news will merely bring us back to where we are right now.
Sharp increase and some volume. Potential PR in the works for tomorrow?