Replies to post #25427 on Micro Imaging Technology Inc (MMTC)

[Militia Man]

Me either.. With a connection like Global, haiving systems in the USDA office, etc.? Hello! Did I MENTION OSI is making 100 units to be done in less than 60 days..? Wow!!

[Chartman17]

Moe, only if you see another investment that you think will shoot up in the next week and then you can buy back more shares than you sold so that MMTC and rise and then you could sell more shares to buy another company that will increase in value faster than MMTC before the meeting and you can sell that then buy back more shares of MMTC so that after the meeting and the price of MMTC triples then you can sell some of those shares to buy another company that will increase rapidly in value so can sell it so you could buy back MMTC on pull backs and then buy more....lol

Chartman17

[StrengthenNumbers]

"why would anyone sell at these levels"





In my case, it was to preserve capital, retain free shares, and make cash available to buy in lower should the opportunity arise. Meanwhile I was able to leave most of the shares on the table should good news appear suddenly.

I seldom flip, and tend to look for genuine enterprise value represented by undervalued stock, i.e. investing on fundamentals, then let time work its magic. That said, I bought in dangerously close to the bottom a few weeks ago and was able to take all my initial cash off the table and still leave most of my position in place by selling enough to cover my cost. I will be very surprised if the good news comes soon enough to keep the jackals away, and the MMs would be happy to suck up transaction fees for every sucker they can get to sell. It is in the interest of many parties to beat the PPS down like a monkey with a wooden drum. It is the churn that matters to the MMs, so if there is no reason to raise the PPS, they will just make money by stomping the price back down into the dirt.

I believe in MMTC, having done considerable research and also being fortunate to benefit from all the fine DD here. Many thanks to all that dig, inform, infer, and share. This is a great technology and I hope it will empower a great company to make great profits. I have a target PPS to reacquire my other shares if trends suggest that I should do so. Meanwhile, I am now officially "longer" than my previous long position, as I no longer fear losing my investment capital. I didn't sell when I had a 12-bagger on the line for most of my shares, so unless I see clear signs of pending malfeasance, my position is riding into the sky with the looming demand for the MIT-1000.

(But I STILL want to know why they need a 400% increase in the A/S. I've seen many a promising company killed by dilution.)