Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That could be the case. It doesn't sound the greatest if that is the case....especially for the old timers here.
I've only held a significant number of shares for a few months and am open to seeing a significantly higher share price and no dividend.
MVSN....lower low and lower high today....
http://stockcharts.com/def/servlet/SC.web?c=mvsn,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!La12,...
Look at QTIG.......HMMMM.
http://stockcharts.com/def/servlet/SC.web?c=qtig,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!La12,...
http://www.stockta.com/cgi-bin/analysis.pl?symb=QTIG&num1=5&cobrand=&mode=stock\
http://www.americanbulls.com/StockPage.asp?CompanyTicker=QTIG&MarketTicker=OTC&TYP=S
Absolutely correct. While its easy to sit back and say, "damn, I should have bought QTIG at 5 cents", the higher QTIG goes the better for everyone with a stake in MediaMax.
Which stock does PJ have more money in? QTIG or SCMI?
:~)
Collin, I'm not sure how you can say that htere will be no dividend. SCMI owns a very significant amount of QTIG. On that fact alone, SCMI should have been up today, but that's not my point here.
With a merger, those many shares of QTIG owned by SCMI need to be accounted for and they have already been "promised" to SCMI shareholders.
Where else would those shares go? Lawyers? Accountants? To partners to develop MediaMax? That's 50 to 75 million shares as I recall. Lawyers and accountants don't deserve that many IMO.
Where do those shares go in a merge? If they simply disappear to decrease the float, then QTIG shareholders are in effect getting the "dividend" benefit just as much or more than SCMI shareholders.....its seems. If my logic is off here, I'd like to read why from anyone. I could be all wrong about this of course.
Honestly, if SCMI goes up significantly, I will be happy to forget about the dividend deal. But, one reason I loaded up on SCMI and not QTIG at lower prices was because of the expected QTIG dividend.
Just to clarify, I've NEVER said QTIG has nothing. QTIG needs SCMI and SCMI needs QTIG.
1 for 1.
Sumday, another great post. Thanks.
Smile. .14 ask for QTIG. SCMI will catch up later IMO.
QTIG .13 high of day ..... SCMI .08 ??
Further evidence the market runs on emotions, not logic or intellect. :~)
If QTIG can hold on to gains, SCMI will follow it up IMO.
Robin Williams in Good Morning Vietnam, said "I've never met a man in more dire need of a b**w job."
Waxie, the sky is falling and there is every reason to be negative and paranoid.
Smile.
True. Look at the average daily volume for QTIG vs SCMI. SCMI has much more liquidity and a much higher market cap.
LOL. Guess I better sell all my SCMI and buy QTIG. :~)
(Sarcasm)
For now we'll just assume the "market" has this one wrong. Momentum traders will pile on at some point...sooner the better.
Odd. QTIG is doing 10 times++ the volume of SCMI.
This is great that SCMI has support here, but with so much news pending, why no buying?
There is big money in coughed up hairballs. Smile.
I do. I hope so at least. This extraordinarily low volume is telling. Now, SCMI simply needs a catalyst to drive new investors to the stock.
Many of us longs are dedicated to making a lot more than 15%, or even 100% on most of our shares. New shareholders will need to ante up I hope.
http://stockcharts.com/def/servlet/SC.web?c=scmi,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!La12,...
Nice looking chart...just add volume.
http://stockcharts.com/def/servlet/SC.web?c=scmi,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!La12,...
The chart is setting up nice...but volume is so low its not as reliable IMO.
LOL. What if he were to post a number that referenced nothing and we had to "guess" what it means.
At least they can raise guidance from the apparently conservative 145 million CD estimate from earlier this year.
That should offer some clues to the coming rapid revenue growth. Then, figure the low overhead into the rapidly rising revenues for outrageously high margin potential near term...within a year.
I keep thinking that right about now is the best time in 5 to 6 years to be long SCMI.
What are shorts thinking?? Mediamax will be a low overhead company with high margins soon. Cash flow positive by late summer maybe??
Good luck this week. This week marks 30 days prior to the shareholder meeting. Universal and BMG related news could happen any day this week IMO. Merger news is "due" this week.
iPod? Stern? Whats up? Curious minds want to know.
I heard hints of that too. Remember the post here about a "Kinder and Gentler Recording Company" ? Or something close to that? Its only about a month until the early shareholder meeting. I still expect a significant rally for the stock before that meeting, based on the last three years trading history, as well as the numerous positive developments which are leading us to the EARLIER annual meeting this year.
Maybe this is the big "next week" we've been waiting for. Merger details to come soon.....BMG promotion involving MediaMax??....etc etc. Wasn't Universal going to ramp up with MediaMax in late March too?
What's BMG up to this week?
Hey Collin, is Mediaport involved here to your knowledge. I remember Mediaport was connected to Walgreens and CVS....?
Happy Easter weekend.
http://www.grayace.com/dex/bunny.html
Kids love this too....
Eaglechip. Its a common practice to attack the messenger. Try to stay focused chip.
Lets talk about SCMI.
If I had one tenth of your money, I would too. Take care, Collin. How about that Satmax?
Satmax and MediaMax!!
Shorts must be nervous. 171k shares traded today!!
How can they cover lower on that volume?
Obviously they can't. Screw em. HOLD your shares IMO.
I wonder when BMG cranks up their newest promotion?
Basher types here don't like me. I'm saddened by the loss of their sense of humor. :~)
Mario's business is Mario's business. I happen to own shares in a company you have not mentioned, not SCMI of course and its one of my favorite stocks.
Low volume bases are generally bullish. Lots of folks are holding tight in spite of the very bearish market in general.
I only know of two other companies Mario was involved with. Both went up in value very significantly and one is still significantly higher still. Neither of the companies you mentioned were on my short list.
Not that it matters. You are now putting a negative spin on Mario and SCMI from where I sit. Why do that unless you are tring to buy lower? Why waste time doing that?
You are reading it the way you want to read it. If that is the spin you want to put on it. Fine, but IMO, you are misleading people. Your agenda is clear.
There you go. Vote with your pocket book!!
Nobody is prying cheap shares out of my accounts with chicken little bashing panic drama queen posts! LOL.
Mario did not say that. He referred to another poster who said that.
STEHSUCKER has since gotten extraordinarily bullish on SCMI.
The drama queens and basher types are out begging for cheap shares IMO.
Everyone should be skeptical in regards to where they put their money to work in the market, as well as in what the motives are for those putting a negative spin on a company.
The 50 day moving average should be strong support. So far we are up .003. Beats a sharp stick in the eye.
440 million shares are held tight as the market makers try to shake loose whatever cheap shares they can get. That last run from .073 to .086 was pretty fast....it looks like they shook out any stop limits set by folks who had profits on that last run. There will just about always be somebody desperate for cash or out of patience with the stock, so cheap shares can often be had on low volume.
Cheering may not help. Buying will though.