Replies to post #74219 on High Wire Networks Inc (HWNI)

[drugmanrx]

One would think that since this 8k (MEA longs would consider bad news) was released at the close on Friday, that good SGSI news will be released before opening on Monday.

Factoring all that in, is it possible the 8K would still cause people to dump on Monday? Just trying to get a better handle of this

If not some MEA followers probably will jump ship and move on and some will stay because they are in too deep or can't get out.

It a crap shoot really for Monday.

Myself, if Ponder delivers as he promises who cares about Monday, If Ponder fails to deliver a year from now I take my tax loss with Jetlife. LOL

Based on his past pedigree I'm betting Ponder delivers. (it takes a lot of trust to put someone in charge of a 1.2 billion dollar division which oversees over a 1000 employees)

[Big daddy wags]

Certainly there will be a percentage of longs here that will finally see the light in the deceitful way Ponder handled MEA! (Although, in his defense he did say right after the takeover, that MEA had no future at SGSI) that was obviously not believed by most here!!
SGSI will continue its slow spiral down with moments of minor upticks until the last and final death rattle and it is finally put out of its misery!
The AS will increase and Ponder and Hayter will gift themselves retail shares in lieu of compensation and for bonuses! They will not be denied their penny harvest as they sell hundreds of millions of shares into the float. Then a reverse split and more dumping then one day soon ...
POOF ——- all gone!!!

[Ecomike]

Most of the folks still holding shares of SGSI that bought in the last 10 years because of Mantra Energy, are hard core long term investors like me, evidenced that fact they and I are still long. WE do not scare easily or sell on a whim. We will be buying next week, not selling.