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We were indeed deceived. About the news, about the denial of the stock split, God knows what else, all while being dragged by our necks to the bottom. I almost feel that even the filings lack validity now, who knows anymore. All real talk, no bash, sorry. It's impossible on all mediums to be joyful about where we are now and I'm only going to honest about it- period. No ones happy about losing money, no ones happy about red all over their portfolio, and RIGHT NOW that's all MMEG is good for- red numbers. If anyone can legitimately name anything remotely good about this stock RIGHT NOW, then please, the floor is all yours and we are listening. Explain and convince everyone.
What doesn't now?
Lol
+1
I get you 110%.
Good insight.
The stock market is better now than its ever been. There is SO much opportunity to trade great right now. As I had stated, the only shade of red in my portfolio right now is MMEG, and I couldn't get rid of that even if I tried. Getting hung up with emotions on a stock isn't good- just let it play dead until whatever happens happens. Meanwhile, get out there and trade this incredibly bullish market and make up for this gross loss. This stock is really just dead right now, as any proficient stock trader will agree. All this has become is a non-tradable, hold and hope, non-liquid, no bid ticker. There is no denying it, and trust me, I'll be one of the first to cue the hallelujah choir if, in one in ten thousands of a chance, this thing moves upward. Know how there's more fish in the sea? Well there's more stocks to play in the market. 1,000 times better than where this one is now. Just speaking truth. Peace.
Who cares when they take almost all our shares away.
Yeah gotta say, my trading days this week were all on point. The market is beautiful right now. The only numbers I see in red on my portfolio have "MMEG" next to them. Lol
He knows that the financial decisions he has made has dug a massive grave that a lot of people are trying to climb out of. He or the company has no other explanation than that, really. Now he wants to resurrect his stock so he's going against plans and splitting it- massively. They can sugar coat the facts all they want, but does it really matter now? We know what the numbers are, all in plain writing. Any word from Kurt is like a wet bandaid on a broken bone to me at this point. It used to not be like that at all, but man, I WILL NOT deny the facts and sweep all that they did to their stock price under the rug. It's just, unforgivable. Twisted facts, elementary typos, poor business models, ugh. Unless he says they're getting into the crypto or Mary Jane sectors, I don't know if I can get excited here anymore. Just speaking truth.
$MMEG
A bit of honesty from me- They need to axe every idea they are holding onto and dive balls first into the hot sectors right now that are making bank like it's going out of style. What they're doing ISN'T WORKING and making them successful. All their current endeavors have done for them is completely slather them, and consequently their shareholders, with debt. This is NOT an opinion- it's a fact. This is NOT bashing- it's a fact. This is NOT emotions- it's a fact. Look at where we are. Look at the financials. Look at the chart. Just take a good look. MMEG needs to reinvent their business game, not try to improve it. I'm saying this as a fan and a friend. They are in my hometown and I support them, and when you support an entity, you are HONEST with them if they need improvement with what they are trying to achieve. I'm not going to sit here and root for a company that is behaving this way, driving the plane to the ground with everyone in it. My morals won't let me. If one of my friends is screwing up in life and needs help, I'm going to be honest with them and that's the real help they need. There's so many things that are dated, advertisements have typos, and they are dabbling with jaded and bland sectors, etc. It's just-- ughhh *disgusted twitch* I feel like they won't take advice from anyone and will just continue with this 1995 business model. Won't cast their reels where the real fish bite. All observation in this post from me. Just like a friend to another friend trying to help them out. I'm saying what I see, not what I want to say.
$MMEG
There is legal documentation filed through the SEC and everything for this. In what way is it deemed a "lie?"
What about the "employee benefit plan" which consisted of over 1 billion shares if I remember correctly?
There is no denying the facts by any means: shareholders got destroyed here. No matter what happens in the future, none of that matters at the present time. If you live in the now, then the present is all that matters. Whether you love or hate MMEG, there is simply no denying that the worst of things happened to investors here. No trader wants to get stuck holding ANY stock for months and months into a red and misty oblivion.
That is the enemy of investing. Hanging tight week after week is blah.
Good luck to all.
No doubt, at least we all had/are having a good learning experience here. A freakin expensive one. No matter what your skill level of trading, remember what happened to us all here.
So how long will this pre r/s share holdover last?
Oh, so when this splits you can't buy/sell any shares for a certain amount of time? What a nightmare that is. So who is allowed to trade during that time? Mm's?
Oh okay, so you're saying all companies will make more "eye catching" advertisements with incorrect spellings and typos. Haha, sounds like a plan-
"Mcdonakdkds"
"Burgerb Kifng"
"Interneet Explurer"
"Academiey Spurts & Outedours"
Did they seriously make that "Greatest Story 'Every' Sung" typo on their advertising graphic? *facepalm*
All I personally feel like doing is sighing right now.
The best lessons are ones that cost you, so take this situation as that. Now you know to never buy hype no matter how promising it looks.
$MMEG
I actually can't believe how blank the chart has become- no volume, no bid, no nothing. It's almost like a person without vitals or a pulse. Being good to your shareholders is an important thing, obviously. You can release all the audio updates and PR's the law allows, but if your stock price is dropping it's like putting bandaids on a broken bone. They have shot down almost all interest for potential investors at the moment and that is not my opinion, that a fact based on all of the zeros I keep seeing day after day. A healthy stock just does not sit at no bid with zero volume consistently. I'm actually in hopes that the R/S is approved because that will be like using a defibrillator on a dead body. The body that awakens could be the Frankenstein Monster, or Sleeping Beauty. Thats what we will have to wait and see. Meanwhile, I will not deny facts. I am not happy with how things have turned out because it's been a total loss at this point. You know, I'm willing to give them a chance. I am an extremely fair and balanced individual- I always think the best of things and people, but how can one hold onto extremely high hopes here? It's like being stranded in the desert with no food, no water, frying in the 120 degree heat, and all you can keep saying is "yep, I'm gonna survive! Just wait!" Like, no. The chances of your survival is most likely 1 in 10 million and that's IF they are already looking for you. That's about the odds of winning the lottery, guys. We might as well been better off spending thousands on power ball tickets- might have been luckier there than this. The truth is too tall to ignore: investments are dead meat at this point. I definitely didn't think things would stoop this low when I bought in. After all, the only reason I was here to begin with was to make money. That's why I trade, that's my number one goal. I've really hauled on companies that I STILL know nothing about, ticker symbols that I don't even remember have made countless car and house payments. If it's not making me money, I'm not interested in the least, and right now, this is just putting an annoying dent in my account. That's all it is. Just honesty here on my part. But I'm still long(by no choice, really) and am still gonna give it a chance. Let's all see what happens.
$MMEG $MMEG
Nah man, the poem was totally fictional on my part about all that stuff haha... my life or finances aren't ruined in the least haha. It was just a creative writing exercise for me lol. But I understand where you're coming from with all your insight.
Two things all IMO- 1. A r/s brings attention to a stock, always does. 2. With a lower share count, price obviously moves easier. A lot easier. This thing has been sleeping for a LONG time. These two things could be attractive for a wave of buy-ins. I think it could go 50/50. Trust me, there are thousands of day traders out there that don't know this ticker exists right now. They don't care about any fundamentals or what's going on, what has happened, or what will happen. The mob is looking to make money- fast. With a way more attractive lower float and a wave of attention on split day, you never know what could happen. Like I said, I think it's 50/50 and I'm being real and fair. Just be on very close watch to make a decision. All IMO, but then again, opinions are all anyone really has right now lol. We're gonna wait and see how it plays out. Peace.
$MMEG
Hey Fox!
Yeah made it back a few days ago. Such a beautiful place, and the food... Amazing. I'm already planning my next trip there! Hope you've been well.
"You don’t get it. You are wasting your time here."
Why are you here, then?
What's up guys? I've been in South Korea all week so the market times have been very strange to me, haha. Taking a vaca from it all. Hope everyone is doing well up in here!
$MMEG $MMEG
Don't ever underestimate the power of chasers, my friend. If a buyback or any institutional loading would cause this thing to hop a few ticks, even a small bit, people WILL buy, and you can bet your fern that people WILL chase. Happens everyday in the stock market regardless of fundamentals, filings, debt, any tangent of your choice to go off on.
Only a matter of time, really. All you can do is be ready to make a decision if you have dogs in the race. All imo.
$MMEG
Lol- if you can name one ticker that someone hasn't been "burnt" on, then we can talk about something else, but sorry, you can't. Welcome to stock trading. If you get "burnt," it's no ones fault but your own because your entry sucked, and if that puts a bad taste in your mouth then trading isn't for you. Period.
And good, I'm glad they're buying companies with my investment money so those companies can make me more money one day. That's what INVESTING is. You are putting money into something because you believe that money will help fuel the prospects of the entity to ultimately pay you more money in the future.
Where is the real patience in this team? It's crazy how much complaining there is when everyone has their own personal choice to be here or not. Some people want Rome built in a day with this one, when the CEO himself in plain English to everyone that's not what any of this is going to be. So, is it Momentous' issue, or a personal one? All imo.
$MMEG
Any great feat always began with a dream, no matter how strong the opposition at hand, bruh. No dreams, no drive to succeed and conquer- hope you understand that haha. Loosen up dude lol
$MMEG
Right on, agreed.
$MMEG
Ahh thanks ... I really appreciate that encouragement, Fox!!
Yea! Awesome we need to have a jam!! Hahah! I've actually recorded a lot at Wire Road Studio where Momentous has done work as well. Really cool place!
Yea! I'm a drummer/guitarist but tonite I'm playing drums. I know this post is spammy here and will get deleted (lol) but here's a link to my YouTube channel. https://www.youtube.com/user/1brannon10
See all of you guys/gals Monday morn. I'm in a band and playing nearby Sugarland tonight so I'll stop by Momentous HQ and see if I can get the down low on Mondays news hahah.
Have a good weekend y'all.
$MMEG
Nice. Thanks for sharing that info.
$MMEG
I feel it brewing, guys. Along the lines of what Chris said, I feel that the ball is in retails court now, and a solid PR next week could really turn things around here. We are all very ready for something big to say the least, and it feels like something good could happen soon. Hold on guys.
$MMEG
Agreed. $MMEG
Hm idk... I've bought 6m, 5m, etc. at a time. Td Ameritrade allows it so I'm not sure.
$MMEG
Thanks, bye
I'm still here nickel, long and strong always. $MMEG
Thanks for this info!
$MMEG