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Alias Born | 02/09/2010 |
Saturday, April 16, 2016 12:30:20 PM
We are expecting a MERGER, so let's see the company become current when the merger takes place.
Also, traders who can only write off $3k a year in losses mean that they don't do much trading as they don't file taxes mark-to-market... Plus writing off losses doesn't really speak positively for experienced traders.
For inexperienced traders, you will noticed that a majority of OTC stocks are stop sign or yield, or even skull and crossbones. There is nothing to fall in love about right now with MLCG since we are in a period of waiting for this merger.
Experienced traders are here for speculation. Due Diligence doesn't really apply to MLCG apart from the recent PR's the past couple weeks. The Nelsons are gone, and a NEW company is coming into the stock. People who post about old PR's and filings, etc are either inexperienced traders or trying to influence the market. Part of being experienced is knowing which PR's and filings even pertain to the stock in its current state.
Disclaimer: My posts are of my own opinion based on fundamentals and/or technicals on the chart. They should be considered for informational purposes only.
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