Replies to post #56786 on Microelectronics Technology Co. (fka MELY)

[Bryanb513]

Well some of us who have preferred shares have now made money on the stock this week after all the volume. So speak for yourself on that one. Didn't invest a ton to begin with here, but now am in the positive on this little gem. With free preferred shares as well as 1's. So it's really all a matter of timing and luck. Never invest more than you are willing to not see again.

[Smilin_B]

I concur with your statement that there is a very deep hatred for this company and the way management has literally destroyed shareholder value. I don't know if the share structure has been reduced substantially post reverse stock split , and if there is any viability whatsoever in their business model. If there is then this thing can literally go up another 500 - 1000 % over the course of days. We've all seen it happen.

Investors that have held on to their shares for years at substantial losses, and/or selling at less of a loss or break even, only to cringe in horror as the shares gain momentum and romp on high-volume. On Friday, MELY ran up 300% on 100x average volume. ONE HUNDRED TIMES avg volume. In my opinion it has quite a bit much more room to run

[easymoney]

Lol you talking about %90 of the otc, pos one day Gold the other.

[johnnycomelately9]

Glad you were able to get out at .0003 but hope you kept a mill for just in case? I just had another ticker wake from .0004 to .025. Back down to .01 now but easy to underestimate these trips when they wake... Think we got lots of room to keep going up, we'll see.