MC Endeavors Inc (MSMY)

[riskon]

Yep, we just have a large entity playing fun and games with this stock. It is all about momentum, in the right spots... and now it is starting to make sense how we crashed through major support levels in a similar fashion each time (bunch of support shows up all at once where you would think it would (mind games) and then gets shorted through), causing people to puke up their positions doing the work for the shorter. The buying support on MSMY has evaporated b/c of the trending perception and the player of size can out-weigh the smaller fish (IMO). When people puke sell to him, it is extra profit, something probably expected and vital to the success. The entity literally has probably been responsible for most of the volume. Sadly, the situation that he entered was almost a sure bet, as the stock price DOES NOT represent the actual underlying asset, as seen by the too quick of run-up to fast (no revenue yet, and potential revenue was not as known), and now the too much selling.

MSMY @ .15 cents got there way to quick way to fast, and was destined to come back and test the .07 range b/c of cyclical actions in stocks (nothing goes straight up, especially a speculating stock on the future). Especially considering the fact that MSMY has not locked any contracts yet, and was valued at $30million. The position MSMY is in fundamentally now is much stronger than where it was @ .13-.15, as the leads are much more visible with easier DD connections with current news (especially about the PM in Haiti).

Once we see large amounts of short covering, I think it will be safe to say the bottom will be in, and it will most likely ride it the other way up again.

Hopefully we get some piece of news that crushes the bastard, because the practices in which are being undergone are highly illegal, but hey, what else is new... the markets are rigged and there is no oversight anywhere, especially the pink sheets.

Hang in there guys, and look for good adds down here. If you liked it at .10-.15, you should definitely like it down here, given you feel comfortable with the fact that this is a real company, and not a pump and dump. That is a personal decision, and that is where your own DD and responsibility for your trades comes in.
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http://www.zerohedge.com/news/finra-drowning-complaints-about-market-manipulation

"A Wall Street regulator said industry complaints about market manipulation and trade reporting have spiked this year, raising questions about the adequacy of banks' internal controls over their traders. FINRA has received complaints this year about banks' audit systems, canceled orders, and brokers misrepresenting whether orders were on behalf of customers. "These are areas that for a long time we were not receiving complaints in, and all of a sudden this past year it's really spiked up,"