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I agree. .01 is a good buy. All the noise won't make noise on this board doesn't matter.
In the end, anything written on this board will be inconsequential. MGON's future is in its own hands. I tend to believe that it will pay off handsomely. Therefore, I'm not affected by the spew of negativity.
$MGON
Over the last few years, I've been following MGON, and they never diluted. On the contrary, they reduced the share count.
RSI has reset. Look for a bounce.
True. Whoever shoon is, they have a mission to post criticism about many different tickers. It doesn't bother me. In the end, it won't make any difference how MGON performs.
8th on the most read. A lot of eyes on this right now. They're not posting, but they're looking. Could precede a run..
Why do you waste your time here?
There are 3 separate sells at .0085, each od 10k shares. That's $85 per trade. Either someone really needs some money for groceries or maybe a concerted effort to keep it down. On a different note, the RSI is resetting nicely.
I won't sell at this level. If I considered selling at this level, I would wait to see what the filing indicates. Put a stop loss in. if the filing is garbage, you can protect your profits before it plummets. If it's good, this might see a run reminiscent of the of the one that took to .14 I'll hang tight.
IMO
This is big!
RSI is resetting for the next leg up. IMO
Maybe you should buy now rather than hoping it will drop.
The annual report was published on 07/14 last year.
That run was great. I got in around .01 back then.
RSI is in overbought. Let's see what happens when it resets.
I would rather see it run up on fundamentals, but I'll take any opportunity to make money on a run of any kind.
If the volume continues to go up, it certainly means interest is growing, which is a good sign.
If the volume continues to go up, it certainly means interest is growing, which is a good sign.
MGON +86%
Outstanding Shares
291,876,881
05/31/2024
Restricted
27,711,650
05/31/2024
Unrestricted
264,165,231
05/31/2024
Held at DTC
238,997,716
05/31/2024
Float
264,165,231
02/01/2024
MGON +86%
Outstanding Shares
291,876,881
05/31/2024
Restricted
27,711,650
05/31/2024
Unrestricted
264,165,231
05/31/2024
Held at DTC
238,997,716
05/31/2024
Float
264,165,231
02/01/2024
Some good news could make this go hyperbolic.
.004 may never come again. IMO
Probably won't see .004 for awhile.
I would sell some and buy here.
Very low Outstanding share count. This can move exponentially very quickly.
Things are looking good. More volume, and this will lift off. I'm looking for .25
Neither can you. The expression is, "you can't see the forest for trees." Or "you can't see the forest through the trees."
What's the purpose?
The offering is at .025. Why buy at this pps? It's been quite a while since was at .025. What's going to motivate anyone to buy at .025. We're at sub-penny right now, and it hasn't seen .025 for a long time.
What is your agenda here? Sour grapes? There are heavily diluted pos all over the otc.
Your criticism is nothing new here. Those who have been around for a while have seen the likes of you come and go on this board.
Do you short penny stock? I didn't know you could do that?
OS is less than 300 million. I've been following this for 4 years, and MGON has been stagnant for most of that time, and they haven't diluted yet. I'm not sure whether they know what they're doing, but they haven't operated like other pinky stock dilution machines.
I wonder what motivates someone to hang out on a message board to bash a stock. What a waste of time.
Has been for quite. Every now and then it looks like it might to life, then doesn't. I'll gold what I have and wait. It's worth the potential. I believe their will be a catalyst to make it run someday.
It will be interesting to see how this plays out. Hoping for the best.
Likewise. Nothing has happened for so long it's hard to believe something good is happening. But up 80% on 175k volume is impressive. That's how this low float has run before. Hoping for good things to come. I'm sure it's being watched now.