posted
I see that it's at it's low and there isn't any bad news that drove it there. Is it a good stock to get into?
Posts: 395 | From: Grand Rapids MI 49546 | Registered: Feb 2004
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quote:Originally posted by jonv: I see that it's at it's low and there isn't any bad news that drove it there. Is it a good stock to get into?
I have a buy order in right now for .002, however, I plan on dumping right away at .004-.008 if I can, in one of their last PR, they discuss the Cabo condo project, but they mentioned that they dropped the Chinese road project and that they discontinued their relationship with their PR firm, I would be careful, but yes, I am buying for the short term only
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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quote:Originally posted by kbpkt: I have a buy order in right now for .002, however, I plan on dumping right away at .004-.008 if I can, in one of their last PR, they discuss the Cabo condo project, but they mentioned that they dropped the Chinese road project and that they discontinued their relationship with their PR firm, I would be careful, but yes, I am buying for the short term only
Thanks for that.
Posts: 395 | From: Grand Rapids MI 49546 | Registered: Feb 2004
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posted
I actually just changed my order to .003 and it filled. After it filled, I immediately put my sell in for .006
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
Lots of buys at .003 going in at close and filling, you might want to try and get in before close
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
kb- i would love to see your DD, I am new to investing and have been looking at this stock for a while, I also think right now is a good entry point and am going to try and get in tomorrow
Posts: 7 | Registered: Jun 2004
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I know this is just cut and paste, but you can see all the PR's of late. The one that sticks out is the bridge funding for the Olympic project in Athens. That should bring in some nice revenue soon.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
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Press Release Source: Mellon Research, Inc.
Mellon Research Inc. Announces Major Bridge Funding Contract for New Client in Athens, Greece Wednesday May 5, 1:51 pm ET
PHOENIX, May 5, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC BB:MLON.OB - News), the market leader in providing boutique investment banking services to private mid cap companies and offshore firms, today announced that it has successfully setup a bridge funding loan for $120 million for a new client that has been collateralized by $300 million in fixed real estate assets. The new client is a major construction firm that is working on several major projects that must be completed in time for the upcoming Summer Olympics, which are being held in Athens Greece. ADVERTISEMENT
``We were approached by an offshore client in Greece that needed $120 million USD in bridge funding immediately so that they could complete a major construction project in Athens in time for the upcoming Summer Olympics. Extensive consultations with the company management led to better understanding of what their financial needs were and helped us analyze their existing real estate portfolio (assets) while assembling a financial package for them within a short timeframe,'' said Mario Pino, CEO of Mellon Research Inc.
``We then leveraged our existing contracts with the Credit Suisse Group in Switzerland and Deutsche Bank in Germany to put together a financial package that met our client's needs. This is a major contract for Mellon Research and should generate fees of $400,000 up to $1.6 million as we move forward through the contractual period.''
About Mellon Research Inc.
Founded in the fall of 2003 by Pino, Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via IPO's, Reverse Mergers, Bridge Capital and/or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep(TM) services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public.
More information is available by contacting Mario Pino by phone at 602.912.5870, at 2415 E. Camelback Road, Suite 700, Phoenix, AZ 85016, or emailing him at mellonresearch@aol.com. More information about Mellon Research is available at http://www.mellonresearch.com.
This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.
posted
Just got in at .003 and it looks like volume is starting to pick up after a slow morning. Thanks KB
Posts: 7 | Registered: Jun 2004
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posted
I put in an order for .002 yesterday, never filled. I was too stubborn to buy at .003, now i am kicking myself. Good job to those who got in. Posts: 45 | From: new york | Registered: Jun 2004
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posted
I put in a sell for .006 yesterday right after I bought, and it partially filled today. About 1/3 of my shares were sold at .006
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
Good job KB, I got in for .003 this morning and out at .006 this afternoon. I know you said 1/3 of your shares sold, if you don't mind me asking, how many did you buy and sell? I bought and sold 200,000.
Posts: 7 | Registered: Jun 2004
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posted
I bought $1000 worth at .003 (333,333 shares) and dumped 100,000 at .006 (a little less than 1/3 my stake) I just changed my sell to .005 for the other 233,333 shares. Hopefully it will fill today. I put my sell in yesterday and it only partially filled today, thats wierd you got rid of all your shares today before I did. What broker do you use? I'm using Freetrade. Either way, good job on the 100% profit in a day.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
The rest of my sell order never filled. Oh well. I'll try again on Monday. I'm also going to put a buy in again at .003 and see if I can do the same thing Monday. I can handle a couple 100% days. Good luck to all, have a nice weekend.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
Looks like there was some good news out on MLON today, someone started another thread to discuss it, but it looks promising. Like I said last week, that Athens deal should bring in some quick revenue, and they announced payment today. I'm actually glad my sell didn't go through last Friday, I might just decide to keep this one a little longer. Good job to those who got in MLON last week, looks like it is just now starting to show up on other peoples radar.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
I can't complain on the 100% turnaround, but now I wish my sell order never filled too. I am thinking about buying back in tomorrow at .003 if possible, but after todays PR's I don't think we'll see that level again. I agree MLON is just starting to show up on other peoples radar, if I have to, I will buy back in at .0045. Looks like you're lucky that you still have most of your shares left. That was a good call KB on that Athens project bringing in revenue soon, I didn't expect it would be today though. Oh well, .0045 still looks good to me.
Posts: 7 | Registered: Jun 2004
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