Replies to post #32429 on Breakthrough Chemistry Inc (BKTH)

[rayinbrooklyn65]

MGON: I believe we are basing here at the $0.03 level and will begin to move higher in the coming trading sessions as most of the aforementioned impatient traders (not investors who know the price potential of this stock) have sold and moved on, thus depleting the supply of shares being sold on the open market.

As a matter of perspective, MGON was trading under a penny, specifically $0.094 as recently as 12/15/2020; relatively speaking, we are in a GOOD place here with a GREAT company with an OUTSTANDING portfolio of products that is UNDERVALUED at current trading prices.

This is an investment not a flip for me. From what I’ve seen so far is that the company is doing everything by the book and executing their business plan and that for me is enough to hold it long term if I have to. If it dips more which I doubt it will, I’ll add big to my position.

$MGON - Good Post my friend, feel like this is the leveling point, people are too impatient on a real investment and real mgmt doing ALL the right things and in three of the most crucial businesses needed during these times...

Higher Highs Ahead!

rayinbrooklyn65 Member Level Wednesday, 03/10/21 08:47:29 PM
Re: None 0
Post # 8556 of 8558
MGON: I concur; from all indicators I also do not detect there to be any dilution of this stock.

I see the recent price decline of MGON from its previous 52-week high of $0.14 just several weeks ago (on 02/18/20212) resulting from two (2) factors:

1. Rising Short-Term Interest Rates: The recent substantial impact of rising interest rates due to falling bond prices and rising yields (thanks to heavy rounds of federal COVID-19 stimulus spending fueling literally TRILLIONS in borrowing), which has affecting the entire OTC markets over the past several weeks by influencing interest rates charged to investors on margin capital.

See link to Wall Street Journal Article about the bond market and rising yield prices:
https://www.wsj.com/articles/flood-of-new-debt-tests-bond-market-11615372201

2. Investor Psyche: It is simply just human nature for people to be IMPATIENT. Well, put this natural human proclivity on steroids and one has the "Type A" personality of that comprises the mindset of most trader/investors who, by their nature, are "hunters" seeking that "next big investment" and become easily frustrated when stocks they invest in fail to provide that IMMEDIATE GRATIFICATION returning high dollar amounts on their investment capital.

Aside from the obvious price difference, the FUNDAMENTALS of MGON, which have been detailed by FACTS extensively in many posts by the great cohort of EXPERIENCED traders who REMAIN INVESTED in MGON, nothing has changed: the debt reduction; the continued development of the e-commerce sites; the triad of businesses; the very relevant ozone/ultraviolet light room deodorizer/disinfectant; and soon-anticipated EBITDA profitability ALL REMAIN in play and WILL soon be reflected in the stock share price as the pending catalysts materialize, are reported on in upcoming press releases, and more investors become aware of this great micro-cap company.

Investor Takeaway:
As all the fundamentals of Megola, Inc. remain unchanged, MGON's stock price will soon resume its upward price trend eclipsing its former 52-week high valuation of $0.14 towards $0.25.

Three key words those for those who want to yield a high dollar return on their investment in MGON must remember: PATIENCE + PERSISTENCE = PROFIT$$$$$

$MGON - None at all...correct...

Still On Deck

EPA Approval

AND

PATENT PENDING....to PATENTED...

https://alo-gem.com/

PATENT PENDING # 16/027697

SPORTYNORTY Member Level Wednesday, 03/10/21 02:17:14 PM
Re: dmerc post# 32382 0
Post # 32383 of 32425

MGON--I see NO signs of dilution.

I see massive impatience.

[SPORTYNORTY]

MGON--Agreed.

The company has much more to announce in the coming days/weeks.