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MrPoppaGeorgeo

08/10/11 8:27 PM

#12139 RE: Crazy Money #12137

How do you figure 1000%, from .0025 I would like to see Nitwits math :)
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tjodel

08/10/11 8:28 PM

#12140 RE: Crazy Money #12137

If everyone thought the same way as you, the stock would still be selling for $4.
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forseer

08/10/11 8:32 PM

#12141 RE: Crazy Money #12137

Sometimes people wake up to grossly undervalued stocks - and are not really sensitive to where the stock has been relatvive to where it is GOING
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tkmoore

08/10/11 8:40 PM

#12143 RE: Crazy Money #12137

i's say its pretty much maxed out
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ChangeDirector

08/10/11 9:24 PM

#12173 RE: Crazy Money #12137

Google's IPO was what, $80/share? By that logic, who in their right mind would buy it at $600?

It doesn't matter how much a stock has already "gone up", they all have to start somewhere. If you want to keep talking about how this went up 1000% you could say the same at 1/4 of the price "Well it's already gone up 250%, dunno who buys it here" .... and miss the chance to turn $10,000 into $40,000 on that leg of the run alone.
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cjstocksup

08/10/11 9:41 PM

#12193 RE: Crazy Money #12137

I think you should look at that chart again. On the initial breakout run on news we ran over .005 where more than the entire float traded in 2 days. The average PPS in those 2 days was about .004. That would mean we would have to go to .04 to be up 1000%. Also insiders own 51% of the float at about .05 and they will want MMTC much higher than that!