Replies to post #87368 on APT MotoVox Group Inc. (MTVX)

[RichDude]

I like your optimism. But, the average down only works 1/3 of the time. And, it only works with a ticker that has some stability. I am not seeing that on MTVX. What I am seeing is scaring me to the point where I am not buying.

[RichDude]

And, at 5.4B shares, the odds are they are still diluting. And, you can expect, when this gets low enough, the company is going to do an R/S to get the price back to pennies. And, what is EVEN scarier is that they COULD BE behind this plunge!

[RichDude]

Diluting to the tune of 30,000,000 shares a day, is $50,000, at this price level. That is 1.5M per month. How much is it costing them to run the company, with supplies, production lines and so on. They are literally building the company from dilution. And, it IS a win-win for them. They don't have to pay back any loans. Their officers can issue preferred shares at ANY time. The only ones who are paying for it, are the traders. I am not seeing a GAIN TYPE scenario here, for long term. Maybe flippers can cash in on the tick fluctuations. Shorters are certainly making bank! :)