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diy_investor

06/23/14 12:27 PM

#89793 RE: Top Penny #89791

Outsiders are also buying. I just purchased 15,000 shares at 3 cents a share. As I indicated in April, time will determine if I am a fool or genius. Surely, this company is worth more than a quarter of million dollars.
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Dreamchaser

06/23/14 1:03 PM

#89795 RE: Top Penny #89791

I suppose, but it doesn't matter much because they have always been buying shares on no monetary news. Nothing is different than a year ago, in my opinion. What if the company cannot find the algorithms necessary for some of the sub-species? That's a good question to ponder on and is very probable at this point. Something is surely slowing the company down. What is really hurting at the present is the time for other companies to run ahead of the race with new and competing devices. Just as time buried ancient cities of the past, so will MMTC be buried and forgotten. Expect what I am saying if monetary news that can bring comfort to investors never comes. On another note, all monetary classic lending and borrowing holds the stock price at the nucleus of raising funds for operating costs. So, that by every tick downward, MMTC must raise funds at a great loss of shares. This problem must not be ignored. The burn rate of funds could possibly exceed over $30,000 a month. This erosion may not be the headlines now,but when the house slides completely off the mountain at the ignorance of the speculative, perhaps my words will make more sense. Any buyer into this stock should be able to see this truth and buy at sub penny when sub penny prices come in a couple of months. In my opinion, we have months and months and months of waiting this out.