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Re: JcNY post# 52821

Thursday, 11/06/2014 5:39:59 PM

Thursday, November 06, 2014 5:39:59 PM

Post# of 139637
I've had an AON bid on a GTC order for weeks and it's a good bit above that, used to be even higher. It's also above the bid now showing at .0135 but there's a good reason for low bids IMO.

We've been discussing the infamous seller and some people aren't in favor of rewarding that seller by gifting him with a higher price. In some cases buyers are testing the water with lower bids to see what he will settle for.

Another important factor to note is the ask, now at .018 and only for 35k (I can't tell what's above that). That means most of us are holding on to our shares so it's certainly not a selloff by any means and likely only one seller, maybe two, who are not willing to wait.

We may not have urgency reflected in the bids but we're still waiting for the GG & XA businesses to grow before they start trying to create CMGO awareness to attract new investors.

I'm not concerned, it takes time to grow a business, especially without diluting the stock or taking out loans.

$CMGO
Dee

"It's not your thinking that makes you money, it's your sitting." - Jesse Livermore

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