Hey fellow MMEGers. I try to be a straight shooter on Ihub. What that means is I will never lie to get cheaper shares, or to sell higher. No need if you do your home work and have discipline in trading. (Scandals Excluded of course if your looking for real start ups. Even though some traders come out on okay on flipping.)
Having said that.
MMEG is my biggest loss in my 8 year trading career. Got sucked in with everything going on and the story line. ( Have to pay attention to other traders emotion, but more importantly your own.) Part of trading pennies is getting in on a great story. Bought way to many and have not made the same mistake again. Limit your dollar amount to any penny that is, and get out when you see the beginning of a collapse, starting with big dilution and a R/S.
Well the devil was in the details here.. The people running MMEG had a pretty enticing story with nothing to back it up imo.
Just wanted to share the reason MMEG sold off today was because I sold all my remaining shares for tax purposes today. Thought remaining shareholders deserve to know what was going on today. They have been through enough.
It's more than I can say about MMEGs silence, failure and fleecing of the last 3 years. Maybe they did this ticker so a friend could launch there bad singing career IDK.
All that said it looks like they have not diluted for many months and the O/S as of 12/06/18 is still only 5.5 million outstanding. Just like my selling brought it done big time, good news could do a reverse for remaining longs here as well. I have seen it happen before where after insiders make they're money, things can get better, just not very often I must admit.
GLTA and a happy more prosperous 2019.
