This is topic MLXO in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/t/012854.html

Posted by keithsan on :
 
what? no one here is playing this, been going since .045 yesterday just broke first resistance, look at the chart, can go a loooooong way.
 
Posted by Storm on :
 
ridin along since yesterday....just waitin for the top to blow off
 
Posted by dellamorte dellamore on :
 
Excellent movement on low volume , it's up 20 percent today . Another excellent pick by Ktrain , that birdie was right [Smile] .
 
Posted by Storm on :
 
just tryin to figure out how long to ride this one
 
Posted by keithsan on :
 
yeah k-train nice pick [Wink]
 
Posted by keithsan on :
 
breaking .06

http://www.allstocks.com/stockpicks/Bottom_Picks.html
 
Posted by Ktrain420 on :
 
back at ya keith......hehe
 
Posted by dellamorte dellamore on :
 
The ask looks good , it won't take too much volume to make this run up even more , but i'll temper my enthusiasm , i don't want to spoil it . Let's just say it's looking very good right now .
 
Posted by d6veteran on :
 
Got in last week with keith. Looking strong.
 
Posted by Storm on :
 
looking at .07 sooooon
 
Posted by Ktrain420 on :
 
this is flyin'!!!!!!! bottom picks are SweeeeeTT!!
 
Posted by reidler88 on :
 
keithsan


EVERYBODY WANG CHUNG TONIGHT


HAHA,,,thats funny,,,,
 
Posted by Storm on :
 
WOW...ran to .079 ......take me back one more time!!!
 
Posted by zoltan on :
 
WOOT WOOT Take a Ride on the KTRAIN!
 
Posted by Storm on :
 
.07 and holding!!!!!!!!!!!
 
Posted by Storm on :
 
out at .07 probably should have waited
 
Posted by d6veteran on :
 
.073x.074

nice.

gapper tomorrow?
 
Posted by windjunkee on :
 
also out at .07. Liked the run but bagged my profit. Thanks K. Good call.
 
Posted by keithsan on :
 
still holdin all [Smile]
 
Posted by keithsan on :
 
looking for a fat GAPPA
 
Posted by Storm on :
 
if she drops, i'll ride her again
 
Posted by Storm on :
 
close at .08 NICE RUN TODAY!!!!
 
Posted by keithsan on :
 
long way up not much resistance
 
Posted by d6veteran on :
 
I sold some of my position and it kept on chugging. My biggest challenge is learning how to let my runners run. I sell my losers quickly (good thing), but I also sell my winners too quickly. I get shaken pretty easily after 40-50% gains, and continually miss the 200%+ winners. I had TLTD, AKOL, GTEL ... had them all very very low, and I sold about a 1/4 the way into each of their runs. Missed huge profits.

Gonna try to stay in this one and get the high.

Keithsan, is there news expected?
 
Posted by keithsan on :
 
sell some, ride free ones, no risk
 
Posted by Ramius on :
 
I might jump in this this morning...I think it's got a lot more steam left.
 
Posted by poorman on :
 
quote:
Originally posted by d6veteran:
I sold some of my position and it kept on chugging. My biggest challenge is learning how to let my runners run. I sell my losers quickly (good thing), but I also sell my winners too quickly. I get shaken pretty easily after 40-50% gains, and continually miss the 200%+ winners. I had TLTD, AKOL, GTEL ... had them all very very low, and I sold about a 1/4 the way into each of their runs. Missed huge profits.

Gonna try to stay in this one and get the high.

Keithsan, is there news expected?

JMO but taking gains and profit at 40% will get you more money in the long run than waiting for 200% runs that may never happen. Profit is profit.
 
Posted by GT500 on :
 
MLXO looks like it's getting ready for another run!

L2's

1 @ .077
1 @ .079
3 @ .080
 
Posted by d6veteran on :
 
sell off this morning ... a continuation of the last handful of trades at the bell yesterday.

wonder if another group besides bottom picks had this one?

It seems to be stronger later in the day hopefully we get a recovery.
 
Posted by GT500 on :
 
People taking profits..we will recover.
 
Posted by d6veteran on :
 
Ok, trying to learn patience. Learning to trade well has been the biggest challenge I've encountered in a long time. Very hard to extract your ego from your trading plan. I also find it hard to balance patience in holding with reacting quickly to manage risk.
 
Posted by GT500 on :
 
We all hope for the best but doing your DD is a must.

Good luck everyone.
 
Posted by zoltan on :
 
A fellow Canadian EH? Yah im holding this one too....As keithsan said before i think its gonna rebound off the six...good volume today as well! This would be a good time to buy in if your not in already while its fallen a bit i think!
 
Posted by GT500 on :
 
Not many of us here:)

Yes I'm thinking the same, it should go back up and this was a good time to buy.

MMs are everywhere up to .08, there are 4 sitting there right now.
 
Posted by dellamorte dellamore on :
 
Some nicebuys at .068 , this thing usually doesn't need much volume to move . At least that's the way it's been the past couple of days . Ask is thin and the bid looks nice . Few more buys and it should move up again from this level .
 
Posted by GT500 on :
 
Bid is getting there, a bit more volume and we're good to go.
 
Posted by dellamorte dellamore on :
 
Yes , they raised the bid and tightened the spread .
 
Posted by GT500 on :
 
We just need to start moving, then we will go up.
 
Posted by Osiris on :
 
Anyone know where Ktrain is?
 
Posted by GT500 on :
 
Spending his money again:)
 
Posted by dellamorte dellamore on :
 
Where all trains go to get serviced , the train station .
 
Posted by zoltan on :
 
How do you know there are 4?
 
Posted by dellamorte dellamore on :
 
Seems as if they may want to stifle this a bit , for now , they lowered the ask and bid , even though some buys were coming in .
 
Posted by d6veteran on :
 
after lunch is gonna be fun [Wink]
 
Posted by dellamorte dellamore on :
 
Yeah , it ran nicely yesterday afternoon . Got my sell order in , let's see if it goes through . Gotta go for now .
 
Posted by keithsan on :
 
consolidating
 
Posted by zoltan on :
 
Im running on pacific time ... market closes at 1 hahah so my lunch is after the bell.
 
Posted by d6veteran on :
 
What is holding this down?
 
Posted by MB on :
 
Down to .053.
I don't think it goes lower.
time to get back in
 
Posted by d6veteran on :
 
It does go lower ... right down to .052 where I sold.

The low of any stock can always be determined by the point at which I sell. I'll start posting what I sell and then you will know to jump into the stock. I will charge a very small commission.
 
Posted by nishera on :
 
She'sa movin' up... [Smile]
 
Posted by MB on :
 
sorry d6 .062x.063
 
Posted by Dmac on :
 
She'll run again,has a long history of dropping,
then rebounding huge,companies worth at least .12,
just a matter of time.Check chart,has allready
bottomed out no where to go but up.Don't let'em
shake ya.
 
Posted by zoltan on :
 
she is gonna fly still
 
Posted by zoltan on :
 
SHAKING SHAKING
 
Posted by dellamorte dellamore on :
 
Had to get out , that shake or whatever it was was enough for me . Damn thing better not run up now [Smile] . One for the MMs .
 
Posted by Phoenixx on :
 
Trying to decide if I want to re-accumulate down here again..
 
Posted by reidler88 on :
 
patience is the key virtue
 
Posted by dellamorte dellamore on :
 
Capital preservation is another [Smile] . .042 may have been the bottom , but i wasn't willing to find out , you know that knowledge of good and evil proverb , who knows how low they are willing to let it go , so they can have them . But it looks like it coming back to life somewhat again , wouldn't you know it , maybe i'll try to get back in . Have to see what happens in the next 45 minutes to see if it's worth it .
 
Posted by DiegoKid on :
 
great story..... i bought in at .045 early this week. remember that .079 spike that dissapeared as soon at it arrived? well that spike made me put in a limit at .079... i left the comp figuring it wouldnt make it back to .079 that day....surprise! my limit order kicked in 8 mins to close...hell i had forgot about it! 75.5% on a two day trade! not bad for my second trade...just hope my luck stays around. Happy trading all. Good luck!
 
Posted by dellamorte dellamore on :
 
What do you think Gt and Zoltan , any life left in this bad boy this week or anytime soon . The volume was nice yesterday , and it looks like the bottom again , but you can never be sure .
 
Posted by keithsan on :
 
quote:
Originally posted by dellamorte dellamore:
What do you think Gt and Zoltan , any life left in this bad boy this week or anytime soon . The volume was nice yesterday , and it looks like the bottom again , but you can never be sure .

I think it will pop again, MM's brought it down. Back to its bottom, as you saw at the close on friday when it hits this point people will buy back in and try to ride it up to .08 at least.

When this first dropped to .04 people bought all the way down. They are trying to recoup some of there losses etc.

Next run should be longer and stronger.
 
Posted by GT500 on :
 
It'll probably go back up. This was a great time to bring it down and MMs knew that. Not only that it was end of a week but it's a long weekend and people got scared, they didn't want to hold and hope for the best on Monday.

I'll see how the market acts on Monday and if MLXO show any signs of going up I'm going in.
 
Posted by dellamorte dellamore on :
 
Thanks , may be time to jump in again , and i like when a stock moves on low volume , that's always a plus .
 
Posted by Dmac on :
 
Made nice profit on the run up.Sold at high,now
loaded up again for longer,stronger run.MM's
brought it down on low volume.This company will eventually trade at it's true value.Till then I'm
holding,to much potential.
 
Posted by Swampman on :
 
moving up, .047bid X .049 Ask
 
Posted by Dmac on :
 
Looks to heading north
 
Posted by Dustoff101 on :
 
Heads up, L2's shifting after long period of quiet
 
Posted by Dustoff101 on :
 
40,000shrs just went thru at .05 ask at .46
 
Posted by Investo7 on :
 
*MLXO*; I spoke to the CEO Today, he said the reason for the depressed share price is from the stock being massively shorted, after reading thru the SEC Filings, I see they acquired Financing from Cornel Capital with Convertible Debentures, Cornel is well known for this type of activity, they loan money for convertible stock then they short the stock death to convert at a low price, thats what we see going on right now with MLXO, thats why it's on the SHO list, once Cornel Covers and MLXO comes off the SHO List again, watch out because it's going to rocket skyward.
 
Posted by g-invest on :
 
Isn't it funny this kind of crap can just happen? I'm averaged down now, but it's just hilarious to hear it confirmed. I might actually start playing the SHO list with the Dateline story coming out this weekend.
 
Posted by Dustoff101 on :
 
I am going to throw out the short term rule book on this stock...I keep accummulating...I think there is a 50% gain, at least...when the stock comes off the SHO list...I base this gain from .039
 
Posted by g-invest on :
 
Why not .45 like they hit twice before? Where can I get the news/PR from those days?

I'm not impressed with their website, I might offer to revamp it for them for free. Can I do that if I'm invested in them? Design a new website for free?
 
Posted by Dustoff101 on :
 
Heads up, bid is building.
 
Posted by g-invest on :
 
Is that why it fell a full peny today? lol.

I just keep averaging down. This thing is so sorely under valued.

$980,214 market cap? Pfftt. Yeah right. Even ICAN isn't this undervalued. Funny you can be shorted about 5 times less than even your real estate's value, not to mention about 20 times less than your asset's.
 
Posted by bigthc1 on :
 
It's going.
 
Posted by bigthc1 on :
 
gone!!!
 
Posted by bigthc1 on :
 
doing it again.
 
Posted by g-invest on :
 
Yeah, I still haven't sold. Nor do I intend to. I want 30+ cents. The value of the company is at least that much.
 
Posted by BigPayOut on :
 
I got in today at .036 been creepin up ever since...lookin real good
 
Posted by bigmomma1212 on :
 
Strong buy for MLXO. Reason? Here it is:
In Nov. MLXO inked a deal with Cornell Capital for a Standby Equity Financing Deal, Cornell then began shorting MLXO Like they do every company the lend to, lending the company money it raised from selling the same company short in the first place, basically lending the company it's own money. Well the CEO was unaware at the time what Cornell was up to and once he found out decided that the company would be better off not using and funds from Cornell, SO HES NOT USING CORNELL CAPITAL FUNDS, And Cornell has shorted MLXO from .20 area to .025, it's on the SHO list for the second time because of it, now that MLXO doesn't want their money, theres gonna be alot of short covering in the coming days/weeks or Cornell will be caught short. Current ask of .035 is way undervalued, all indicators say that MLXO is way oversold. [Eek!]
 
Posted by bigmomma1212 on :
 
MLXO; My Opinion we are seeing Professional short Covering in action, they cover a mil or 2 in shorts and bring it back down on a few hundred short sells so they can it all over again tomorrow until they have covered and made their money, Lather, Rinse, Repeat! Some old crap.

[Eek!]
 
Posted by bigmomma1212 on :
 
mlxo chart

http://www.investorshub.com/boards/read_msg.asp?message_id=6028794&txt2find=mlxo+
 
Posted by bigmomma1212 on :
 
MLXO; My Opinion we are seeing Professional short Covering in action, they cover a mil or 2 in shorts and bring it back down on a few hundred short sells so they can it all over again tomorrow until they have covered and made their money, Lather, Rinse, Repeat! Some old crap.
 
Posted by bigmomma1212 on :
 
MLXO UPDATE!!!

Posted by: Investo7
In reply to: None Date:4/13/2005 2:53:10 PM
Post #of 264

I spoke with the CEO Today and this is what I gather from my conversation, As usual he was very reserved with what he would comment on and say, my take is this, the company is taking action against what is happening to the stock price, he wouldn't comment on exactly what that is, but I already know from my conversations last week that it is shorting by Cornell Capital so I didn't even bring that up since that is a given. According to Tom (CEO), the action they are taking HAS NOT BEGUN YET! When asked for an opinion on the situation with the Share price he said that himself and his family are the majority shareholders of MLXO and they are very unhappy with whats happened to the share price. He would not give me an opinion on what will happen to the Share price once the company starts the action it is pursuing, only this, that the share price will be much better than it is right now. He said to give us a week to two weeks at the most and it will be released and hopefully get the stock back where it belongs. I think Cornell Capital already has wind of this and that is why we see Cornell begining to Cover which seems to have started last Fri. according to the chart, I would call it Pre-emptive covering! LOL! Cornell is Prob. covering as much as they can before this breaks wide open and Investors get wind of what the company is going to do to combat this Toxic Shorting. It's gonna be fun to watch this pan out, I am definitely holding until the company PR's this, if this breaks back to the teens or above .20 it's gonna be AWESOME!
 
Posted by Thorn on :
 
Yeah, and if it keeps going down it's going to be down right sad. Just keep that in mind. [Wink]
 
Posted by zoltan on :
 
Its not falling hard or anything its just kinda floating around .032-.035 and back and forth etc..etc.. we just gotta get out of this cycle once all the shorting is done.
 
Posted by Leanlow on :
 
Well in everyones opion, what do you think this stock will be at when the pr comes out or after a month or so. Could this stock see .20 again or higher?
 
Posted by pensandoenti67 on :
 
There's a good possiblity it will hit .20 or .29 by mid May. I just hope it's brought down again to .02 and get me lots more.
 
Posted by Leanlow on :
 
Thats what i want i bought in at .058 and trying to average down. If it drops today i will pick up more. If this ever does hit .29 or so, i will be looking at some green
 
Posted by bigmomma1212 on :
 
MLXO UPDATE

Posted by: stock190
In reply to: ground_fog who wrote msg# 283 Date:4/14/2005 9:01:10 AM
Post #of 290

re CLYP: Actually, if you were watching L2 the beginning of this week when we started moving up into the .04's CLYP moved from .08 to .10 on the ask side (where they currently are). Although CLYP was clearly the seller and played a big role in MLXO's move from .20 all the way down to where we are they are clearly not selling right now.

Current L2 shows only 3 MM's between .034 and .044.
1 @ .034,
2 @ .038
and 1 @ .044.

NITE continues to accumulate @ the bid (Hmmmmm - does NITE see this going much higher - I think so) and the bid is stacked @ .03 - 6 MM's. If you get a chance to pick up cheapies here @ .031/.032 I strongly suggest that you take advantage of this buy opportunity.

If we get any decent volume this will move back up to .04+ quickly IMO. With news expected this week (10K) and follow up PR(s) expected on the CEO's plans to bring the pps back in line to where it should be we should see a steady uptrend from here on out. JMHO & GLTA

Investo, do you think that the CEO may be planning another forward split (1 for 1 perhaps)? The float after a 1/1 fs would still be very reasonable (around 52M shares) and this would create a pps surge prior to the fs (similar to last time with short covering prior to the symbol change and folks wanting in to get the additional shares).

Another approach that Tom may be taking is working with a brokerage firm and showing them how undervalued MLXO currently is. A buy/strong buy recommendation from an independent firm with a .20+ short term target would also do wonders for the pps of MLXO IMO.

This is clearly a no-brainer for me and I see multiple avenues the CEO can take to bring the pps of MLXO back in line with where it should be. A big move is coming soon. I am very confident with this one.
 
Posted by g-invest on :
 
quote:
Originally posted by bigmomma1212:
MLXO UPDATE!!!

Posted by: Investo7
In reply to: None Date:4/13/2005 2:53:10 PM
Post #of 264

I spoke with the CEO Today and this is what I gather from my conversation, As usual he was very reserved with what he would comment on and say, my take is this, the company is taking action against what is happening to the stock price, he wouldn't comment on exactly what that is, but I already know from my conversations last week that it is shorting by Cornell Capital so I didn't even bring that up since that is a given. According to Tom (CEO), the action they are taking HAS NOT BEGUN YET! When asked for an opinion on the situation with the Share price he said that himself and his family are the majority shareholders of MLXO and they are very unhappy with whats happened to the share price. He would not give me an opinion on what will happen to the Share price once the company starts the action it is pursuing, only this, that the share price will be much better than it is right now. He said to give us a week to two weeks at the most and it will be released and hopefully get the stock back where it belongs. I think Cornell Capital already has wind of this and that is why we see Cornell begining to Cover which seems to have started last Fri. according to the chart, I would call it Pre-emptive covering! LOL! Cornell is Prob. covering as much as they can before this breaks wide open and Investors get wind of what the company is going to do to combat this Toxic Shorting. It's gonna be fun to watch this pan out, I am definitely holding until the company PR's this, if this breaks back to the teens or above .20 it's gonna be AWESOME!

Interesting. I had no idea that Cornell was shorting them, then loaning them their money back. It's good to see a CEO/President with the balls to stand up to these ******* financers that get away with this crap.
 
Posted by spudnutz on :
 
Tough to buy this, I've got orders in at the ask and no takers, everybody must be waiting, is tomorrow the day for the E if no filing?
 
Posted by spudnutz on :
 
my orders filled at .032, lets hear some good news!
 
Posted by g-invest on :
 
Well, the interesting thing is I can't find this on the SHO list, and it's reportedly all shorted to heck. It's bound to do some rise in PPS, but some hypothesize it might drop back down a bit before the run. No one knows when they are going to announce what it is they are doing.
 
Posted by zoltan on :
 
The 10k announces in the next 8 trading days... apparently.
 
Posted by g-invest on :
 
MLXO is now MLXOE
 
Posted by spudnutz on :
 
Boy do I feel dumb now buying yesterday, Zoltan I hope Tom comes through with something positive.
 
Posted by TalonSin on :
 
Just pick up some more today and average down
 
Posted by spudnutz on :
 
Press Release Source: Coattec Industries, Inc.


Coattec Announces Acquisition of Additional License to Market Coattec Products in South America and Far East and Registers US Trademarks "COATFLEX," "COATTECFLEX" and "DIFFLUX" for US Market
Tuesday April 26, 9:30 am ET


MAINZ, GERMANY--(MARKET WIRE)--Apr 26, 2005 -- Coattec Industries, Inc. ("Coattec") (Other OTC:CTCK.PK - News) announced today that the Board of Directors of Coattec has ratified an additional license to market the Coattec products in all of the South American and Far East countries. This license was acquired from European Environmental Technology Corporation, Ltd. for 3 billion shares of Coattec's shares of common, restricted stock with a "no royalty" provision. Coattec presently holds the license to manufacture and distribute the Coattec coating products which consists of construction products such as housewraps and roofing foils that inhibit mold with its antibacterial coating. Coattec has registered the trademarks "COATFLEX," "COATTECFLEX" and "DIFFLUX" with the US Patents and Trademarks Office. Coattec also announces the appointment of Mr. Nicholas Alexander as Secretary and Director to replace interim Secretary and Director, J.A. Claydon. For further information, please Email Mr. Bernd Meinecke, President and CEO, at: www.coattecindustries.com.
Certain of the statements made in this Company information summary regarding its business constitutes forward-looking statements contemplated under the Private Securities Litigation Reform Act of 1995 and certain factors could cause actual results to differ materially from those projected. For a brief discussion of the risks and uncertainties that my effect our business and future operating results, please refer to the filings which are on file with the SEC and the subsequent filings to be filed with the Pink Sheets information service.


Contact:
Contact info:
Mr. Bernd Meinecke
President and CEO
tel: +011 49 6131 2019 431
info@coattecindustries.com
http://www.coattecindustries.com
 
Posted by spudnutz on :
 
I'm sorry folks, I posted on the wrong board in error.
 
Posted by g-invest on :
 
MLXOE

What do the MMs know that we don't?
 


© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2