I notice this stock an my watchlist always fluctuates between .0050 and .0075. Great for flipping. I just wish I had a couple of grand to throw at it the next time it is in the .0050's range.
Posted by dollar13 on :
HOPE SO I GOT A TON OF THIS IN THE .0050s.
Posted by IMAKEMONEY on :
Strong November Sales Results Reported
Nov 30, 2006 08:00:22 (ET)
BOCA RATON, Fla., Nov 30, 2006 (BUSINESS WIRE) -- Med Gen Inc. (MGEN, Trade ), manufacturers of nationally branded OTC Healthier Life Products, announced that it has achieved significant sales increases across a broad spectrum of activity.
On a same year month to month basis and as of November 28, 2006, November sales showed an 1100% increase over October sales. On a year to year basis at the close of the day on November 28, 2006, November sales compared with those of 2005 showed a 300% increase. Unaudited sales for November were $116,978.78.
"The company's continuing advertising programs on TV, Radio and Print are expected to show continued sales increases through the balance of this current fiscal year," said Paul Kravitz, Company Chairman and CEO. He continued, "it should be no surprise to anyone that follows Med Gen, that the company, during this past year, has undergone a complete metamorphous from retail sales orientation to direct to consumer programs; in the process filming five commercials and completing four new Internet Sites. The cost to the company, an excess of $1.5 million."
The overriding decision to attempt this corporate conversion in marketing strategy centered on the marketing reach of the Med Gen product lines, which exceeds $100 billion and the tremendous cost involved in selling major chains and discount stores. "This was a risky decision," said Kravitz. "However, declining margins and lack of capital left management with few choices." Med Gen has an extraordinary, strong shareholder base, one that deserves to see a prospering company and although small, this November's sales results go a long way in proving the validity of this past years efforts.
About Med Gen Inc.
Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray's the Way ("STW"). It is best known for producing the world's first patented liquid spray snoring relief formula, Snorenz(R). Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep(R) and the Un-Diet(TM) system into its family of brands. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under various private labels or existing names.
Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "MGEN." For information contact Investor Relations 561-750-1100 or www.medgen.com .
This Press Release contains or incorporates by reference "forward looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.
SOURCE: Med Gen Inc.
Med Gen Inc., Boca Raton Paul Kravitz, 561-750-1100
i had this on my watch list. wish i had $$ to buy!
Posted by superman7 on :
i jsut bought a chunk of this...i think its about to run..HUGE..its breaking out..the chart is so sweet..HUGE RUN..imo..great news out also!
Posted by IMAKEMONEY on :
LOOKING GOOD!!
Posted by superman7 on :
i have been watching this stock for the longest time...just waiting for it to break .007, it finally did and i am loading the boat fiercly on this one..really liking it here
Posted by superman7 on :
72(3) by 72(2)
5.5+ mil volume already
today is breakout day imo
Posted by jas2mel on :
very nice volume nice profit day
Posted by IMAKEMONEY on :
WERE STARTING TO FLY SUPERMAN!!
Posted by superman7 on :
008 wall coming up
74(4) by 75(1)
6.7 mil volume...i am sure we see a huge run today...i really hope so cause i have been watching and wait for a long time on this one...and it better pay off Posted by superman7 on :
IMAKEMONEY, not yet, i think honestly we break .01 today..this is huge just look at the chart!
quote:Originally posted by IMAKEMONEY: WERE STARTING TO FLY SUPERMAN!!
Posted by superman7 on :
guess who is going to come and help us with this one, as he is loving..... let me give u some hints: very fat, rich, he stinks lol, and his name starts with S and ends with 3z's...this is going to be huge today
Posted by superman7 on :
here comes the .008 wall
.0078(1) by .0079(3)
mms lining up at .008...10 of them there right now
Posted by superman7 on :
there goes the .008 wall
81(2) by 84(4)
Posted by jas2mel on :
looks great already
Posted by superman7 on :
this thing is flying!
86(1) by 87(4)
.01 will fall today!
Posted by superman7 on :
90 wall is up next after this 87 ask
Posted by superman7 on :
fist dip..and then boom .01..after that BUCK-WILD
Posted by RCAnalyst2007 on :
I'm out for now.. I got in a week ago.. 0.0075 is the price to get in
Posted by superman7 on :
i think i am buying your shares then lol
cause i just picked up some more on the dip...loving this one
startign to u.tick again
.0082(1) by .0083(1)
quote:Originally posted by RCAnalyst2007: I'm out for now..
Posted by RCAnalyst2007 on :
Trust me. I know MGEN.. I've been trading this baby for 2 years... It will dip so quick.. Just be patient.
Posted by superman7 on :
RC, i have been wathcing this guy for a while, never gets passed .007 today its flying passed it..we will end north of .01, i am pretty sure of that
Posted by RCAnalyst2007 on :
I agree. We could hit above 0.01 today.
Posted by itsjinx on :
RC Analyst, u think it will dip again? what to?
Posted by itsjinx on :
nevermind. im in at .008
Posted by superman7 on :
approaching 20 mil volume
t
Posted by itsjinx on :
what do you guys think this will run to??
Posted by superman7 on :
itsjinx, i am waiting for the .01 break after that going to watch it and see how much momo is still in it, then based on that we can see but right now i have mmy sell in at .014
Posted by itsjinx on :
yeah that chart looks beautiful
Posted by itsjinx on :
kool. i need a good stock, just lost a ****load on SLJB and IBCX!
Posted by RCAnalyst2007 on :
We should bounce back now.. We're at the tracing level guys..
Posted by itsjinx on :
tracing level?
Posted by itsjinx on :
you have B/A?
Posted by RCAnalyst2007 on :
quote:Originally posted by itsjinx: tracing level?
A bounce back level..
Posted by sunny on :
NICE! Missed this one! Congrats.
Posted by itsjinx on :
hopefully you didnt miss much and thsi goes up more. right now im even lol
Posted by superman7 on :
had to step away..just got back..like what i see, i acctually welcomed that last dip, we are so early into the day and we already have such great upward movement and we are breaking major resistance points and the volume is huge and the news is great..to me everything points to a close north of .01
Posted by itsjinx on :
glad to hear. do u have a B/A?
Posted by jas2mel on :
nice little fake wall here
Posted by superman7 on :
81(2) by 82(1)
Posted by superman7 on :
i just changed my sell price from .014 to .05 this is one i am going to hold for few days and hope we can see around .05...it is definatly possible with the chart...and .007 was major resistance and it just flew right by that!
volume now is 26mil!
79(1) by 80(3)
Posted by Grail7 on :
Glad this thing had a nice dip. It had me worried earlier with the breaking of the .005 support a few weeks ago, and then stagnant at .006. Wonder would it be a solid upward trend and not a flash of the pan outlier like it did in Sept. It's currently in the testing .008. Been trading in and out of this hope for months and am hoping this time it's a clean break away from this .008 resistence. GLTA
Posted by RCAnalyst2007 on :
0.014 is a good target
Posted by itsjinx on :
BA?
Posted by superman7 on :
76(2) by 77(2)
Posted by superman7 on :
.0077(2) by .0079(1)
if you look at the ask side its very thin now..now more wall really anywere
Posted by itsjinx on :
i wonder if this has the power to move
Posted by RCAnalyst2007 on :
superman7,
MGEN definitely has capacity to go to 0.05 and you know Christmas time is their best time. They do infomercial of their products on Christmas a lot.
Posted by itsjinx on :
what are their products?
Posted by superman7 on :
did not know that RC, thanks for that! u really have been following this one closely i just watched it as its one of about 100 stocks on my watch list and just waited for it to break .007 and yeah it did so i loaded up the bus, but yeah thanks again for that info, i am definatly holding this one longer term, but mainly becuase of the chart this one has enormous oppertunity imo
quote:Originally posted by RCAnalyst2007: superman7,
MGEN definitely has capacity to go to 0.05 and you know Christmas time is their best time. They do infomercial of their products on Christmas a lot.
Posted by IMAKEMONEY on :
SURE WANTS TO GO HIGHER,IMO .01 TO .03 Posted by itsjinx on :
is it dropping?
Posted by IMAKEMONEY on :
.0080 PPS WITH BUYING Posted by Grail7 on :
IMO, .01 isn't out of the question. But it happens fast last couple of months. I like the prospects of this stock that is why everytime I trade for 50% gains on it (buy the dips to .005 res) I still keep a few couple shares. They even send you a product for being a holder. No joking. I'm like most of you waiting for that big run. Let's hope its this time, hope you're right RCA.
Posted by jas2mel on :
.0082 Posted by IMAKEMONEY on :
YA I GOT SOME OF THAT STUFF, ITS CALLED (GOOD NIGHTS SLEEP), ANYONE TRY IT YET? ITS A SPRAY?
Posted by itsjinx on :
i love their product called "We will make you money on a good run today"
Posted by IMAKEMONEY on :
BLASTOFF!!! Posted by RCAnalyst2007 on :
One of their new product is DIET SPRAY called UN-DIET.. They got into marketing in that.. I think it's a huge product for obesity problem.
this is a nice steady and stable pos climb
Posted by RCAnalyst2007 on :
if we can close around 200d average 0.015 just below then possible open is 0.02 with a gap
Posted by jas2mel on :
software isnt working what do the buys look like
Posted by itsjinx on :
ill be happy if we close over .01
Posted by superman7 on :
just got back...nice to see it moving up
.0083(1) by .0084(3)
this one is going to see .01 today
Posted by jas2mel on :
what do the L2's look like
Posted by Grail7 on :
Not to be a wet blanket, but that .008 resistance is strong, like a magnet.
Posted by superman7 on :
yup .008 does look tough to break but with the mm games u never know it could even fall with a 5000 share buy lol..mms are bad and they should all die imo....i still think we are north of .01 by EOD
Posted by jas2mel on :
should be great EOD nice profit
Posted by RCAnalyst2007 on :
0.008 wasn't a big wall, you see.. it's gone..
Posted by RCAnalyst2007 on :
It's ready for new HIGH!!
Posted by superman7 on :
we are moving
.0082(1) by .0083(3)
Posted by superman7 on :
yes .009 should be coming up here real soon
.0083(1) by .0084(6)
Posted by RCAnalyst2007 on :
0.0084
Posted by jas2mel on :
they are loosing control of this wall
Posted by djg7 on :
8 MMs on .0084. It needs to break through here.
Posted by superman7 on :
this 84 wall will fall really fast imo with very little volume..i am pretty sure of it we will see though
Posted by RCAnalyst2007 on :
0.0085
Posted by superman7 on :
83(2) by 84(7)...here we go new high coming right away
Posted by jas2mel on :
very thin after .0084 up to .01
Posted by jas2mel on :
actually thin till ARCA at .07
Posted by hedfe on :
arca pushing the bid should hit .01 today
Posted by superman7 on :
83(1) by 85(1)
here comes the HOD
Posted by jas2mel on :
.0085 finally
Posted by superman7 on :
84(2) by 85(1)
Posted by RCAnalyst2007 on :
0.0088
Posted by superman7 on :
nice big dip here on low volume
.008(3) by .0081(2)
goign to load some more up at .008
Posted by jas2mel on :
ARCA is pushing it from .0083 up Posted by jas2mel on :
MM's have moved their positions up
Posted by RCAnalyst2007 on :
Ready for another rally...shortly
Last time we had this volume.. stock was 0.05..Company now is in much better shape than ever.
Posted by itsjinx on :
whats it now?
Posted by RCAnalyst2007 on :
Look at APPI intraday chart.. very similar price pattern..
Posted by itsjinx on :
B/A?
Posted by superman7 on :
78(3) by 80(2)
Posted by itsjinx on :
damn
Posted by RCAnalyst2007 on :
superman,
ALERT!! GLLC is moving..
Posted by IMAKEMONEY on :
OK I DUMPED INTO THAT RUN OF .0085s NOW RELOADED AT .0078 RUN FOR DADDY!! Posted by superman7 on :
Thanks RC so far great call on GLLC..but no cash right now most of it is in MGEN..
MGEN. is having its hardest dip of the day hopefully it will follow it with its biggest pop
i still think we see .01
77(4) by 78(1)
Posted by itsjinx on :
is the price low cuz people are selling or cuz MM's want shares?
Posted by IMAKEMONEY on :
BIDS STACKED SUPERMAN, SHOULD GO UP FROM HERE,JMO
Posted by RCAnalyst2007 on :
Looks like we're gonna hit below 0.0075
Damn..
Posted by RCAnalyst2007 on :
quote:Originally posted by superman7: Thanks RC so far great call on GLLC..but no cash right now most of it is in MGEN..
MGEN. is having its hardest dip of the day hopefully it will follow it with its biggest pop
i still think we see .01
77(4) by 78(1)
You're welcome.. I think GLLC will double from here.. what do you think?
Posted by superman7 on :
GLLC..such a tough call..i honestly think it is really being manipulated and i know for sure it will have its day real soon, just not sure when because of all the minipulation
Posted by itsjinx on :
BA on MGEN?
Posted by RCAnalyst2007 on :
I'm buying more GLLC... It's gonna move..
Posted by superman7 on :
diving here
74(3) by 75(1)
hopefully we see a bounce back to HOD here reall soon
Posted by itsjinx on :
holy hell
Posted by superman7 on :
looks like we are heading back up
75(2) by 76(1)
Posted by itsjinx on :
thanks superman, keep us informed on the L2's if you could!
Posted by RCAnalyst2007 on :
I think 0.0069 is a possibility
Posted by jas2mel on :
dont worry just MM"s low balling stock.
Posted by itsjinx on :
can't they lowball all stock? why would stock go up if MM's have this much control? thats one thing i never understand
Posted by jas2mel on :
for the same reason we trade to buy as low as possible and sell high. they just have so much money that they can do it with shorter swings
Posted by superman7 on :
i am not too worried still only 3 mms on the ask to .008...we will move up agin real soon
Posted by RCAnalyst2007 on :
MGEN always does this.. goes up nicely and then down like hell...
superman, are you in GLLC yet? It's good opportunity. I think it will close 0.0017
Posted by itsjinx on :
i dont understand how the volume can be this high and it isn't going up
Posted by RCAnalyst2007 on :
I almost guarentee you MGEN will hit below 0.007.. I got out at 0.0083
Posted by itsjinx on :
ur making me sad
Posted by RCAnalyst2007 on :
gotta take the loss sometimes and wait on the sideline..
Posted by RCAnalyst2007 on :
GLLC is ready now..
Posted by djg7 on :
RC, there is a thread for GLLC.
Posted by RCAnalyst2007 on :
quote:Originally posted by RCAnalyst2007: I almost guarentee you MGEN will hit below 0.007.. I got out at 0.0083
wow..
Posted by superman7 on :
geez just got home..wow didnt want to see this..i am still holding atleast its up on the day hopefully it starts turning here real soon
Posted by superman7 on :
70(1) by 71(2)
Posted by superman7 on :
nice right as i get back it starts going up
.0071(1) by .0074(3)
Posted by RCAnalyst2007 on :
superman,
should see 0.0066
Posted by superman7 on :
RCAnalyst2007,
u may be right but i am going to hold this one i know that once dilution is done it will move hard
todays heavy volume with up movement is defiantly a good sign
Posted by superman7 on :
72(1) by 74(3)
Posted by superman7 on :
moving up!!!
73(1) by 74(3)....74 getting hit!
Posted by IMAKEMONEY on :
I SAY EOD RUN HERE! RCAnalyst2007 STOP PUMPING YOUR PICK ON THIS THREAD!
Posted by RCAnalyst2007 on :
superman,
I gotta go.. I don't think it will move today.. watch GLLC for tomorrow.. No matter how much you want this to go up, MM's will push it back down..
Posted by superman7 on :
ok RC, take care but yeah i am still holding this one for a few days i still see a HUGE run coming very soon!
Posted by itsjinx on :
ass
Posted by IMAKEMONEY on :
LETS HOPE THIS IS ONE LAST PUSH DOWN, THEN THEY SET US FREE!
Posted by superman7 on :
run dammit run!!
69(2) by 72(3)
Posted by itsjinx on :
what motivation do MM's have to let it run? wouldn't they want to keep it low forever?
Posted by superman7 on :
if they did that, once they are loaded up on the stock who would they sell too lol, if they dont move it up how are they going to make money ?
quote:Originally posted by itsjinx: what motivation do MM's have to let it run? wouldn't they want to keep it low forever?
Posted by itsjinx on :
i see, sorry i'll always be confused when it comes to MM's and their control in this. the idea is that they want to get as many shares as possible at the lowest prices and then let it run as high as possible and sell them to buyers, but only if they see potential in the company then they would want to do that manipulation, right?
Posted by IMAKEMONEY on :
RIGHT
Posted by superman7 on :
70(1) by 72(4)
might be ready to go here in the last 15 min would love to a see a close at or above .008
Posted by itsjinx on :
so technically superman, the price will only go up when the MM's decide they want it to? is there any other way it can go up when they can't have control of it?
Posted by IMAKEMONEY on :
A GROUP PLAY, BUYERS
Posted by superman7 on :
itsjinx, well just think of an MM or MMS as individuals like us but with a shyt load of money they can control a stock alot better then we can because of there large cash positions but yeah a stock can still go up or down if there is enough buying or selling pressure
alot of people can short a stock but if there is more buying going on then selling it will still move up and those people who shorted have to cover and it will force the stock to move up even more causing a huge rally...and thats what can happen here
70(1) by 72(3)
Posted by itsjinx on :
interesting. thanks
Posted by KublaKhan on :
quote:Originally posted by RCAnalyst2007: I almost guarentee you MGEN will hit below 0.007.. I got out at 0.0083
You win.
Posted by superman7 on :
72 getting hits
Posted by superman7 on :
70(3) by 72(3)
Posted by IMAKEMONEY on :
HOPE WE GAP HARD IN THE AM. Posted by superman7 on :
me 2 man!! 71(1) by 72(3)
Posted by itsjinx on :
what did we close at? i need to knwo how much money i lost lol
Posted by IMAKEMONEY on :
EOD .0072, FOOTBALL TONIGHT! Posted by IMAKEMONEY on :
run baby run!!
Posted by superman7 on :
they are taking it id down pretty hard here, but on very little volume
66(2) by 68(2)
Posted by superman7 on :
.0065 falling now on the bid side
its prettty sad cause we are down 10% on only 3mil volume
65(5) by 66(1)
Posted by superman7 on :
we may have hit bottom here
66(2) by 68(4)
hopefully we start moving back up just like we did yesterday when BANY and APPI started moving up
Posted by pick em low on :
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