posted
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.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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posted
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
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
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?
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posted
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.
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posted
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.
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posted
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. Posts: 88 | Registered: Mar 2005
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posted
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
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.
Posts: 88 | Registered: Mar 2005
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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!
Posts: 88 | Registered: Mar 2005
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posted
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.
-------------------- Dead Kennedys-"Give me convenience or give me death" Posts: 470 | From: Vancouver B.C | Registered: Jan 2005
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posted
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?
Posts: 77 | From: Nashville, TN | Registered: Jan 2005
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posted
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.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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posted
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
Posts: 77 | From: Nashville, TN | Registered: Jan 2005
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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.
Posts: 88 | Registered: Mar 2005
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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.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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posted
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?
Posts: 100 | Registered: Feb 2005
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posted
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.
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-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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posted
Boy do I feel dumb now buying yesterday, Zoltan I hope Tom comes through with something positive.
Posts: 100 | Registered: Feb 2005
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posted
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.comPosts: 100 | Registered: Feb 2005
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