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Is it Indiana Jones and the last crusade when the blond chick is trying to grab the grail from the ledge when the ground breaks apart? JB
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Hey Tech--you are right. Nite off the bid makes me nervous, too. Doesn't jive with our short theory. But he's always lurking in the wings.
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viper you get any of those books we recommended?
the bid is what someone is willing to pay for shares of a stock. the ask is someone wants to sell it for. If you REALLY want to get into a stock you need to pay the ask for the most part, but then it's only worth what the current bid is if you want to sell it in a hurry. Market Makers (MMs) will take your order and fill it if there are shares available or buyers available. If not they'll sit on the bid or ask with your order. (unless it's over 10,000 shares, then they don't have to show the order). How the OTCbb is run is different than NYSE or NASDAQ. There are not as many regulations for the MMs. The different brokers will use certain MMs to get the best fill on the orders. When I trade with Ameritrade it most often goes through NITE, when I trade with Wells Fargo generally it will be SCHB. Hope this helps.
-------------------- Never underestimate the stupidity of people in large groups.
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thanks very much and yes i have some books but they r too complicated so i am very happy u help me.
thanks
by the way if i would like to sell all my shares after the stock will climbe do i need to limit the order or sell it market or even divide it so it will go throw
A limit order guarantees the price but not the sale. A market order guarantees the sale but not the price.
A market order sells your stock at whatever price the market currently is. Same applies for buying. This is not usually the most recommended way.
A limit order sells your stock AT LEAST the price that you put on it. So, if the stock goes up in price, you will get the new price... but if it goes down BELOW your limit price, it won't sell. That way, you won't sell your $1 stock for $.80 by accident. Similar for buys... if you put a limit order to buy, then you're saying you want to buy stock but for no more than the price that you put in there. If the market price goes lower than that, great, you got a better deal. If it goes above that price, then you won't buy any. A limit order is usually the best way to buy and sell.
I hope this helps.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
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Their saying over on RB that this may go to low 7's today what do you guys think. money in account ready to go, but a little lower would bring down my pps, im in at 2400*.078, 1340*.085, 600*.081 which with commissions puts me at 0.084/share. What do you think??
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Dunno. The longer it takes for the 10k, it just may keep going down, the way NITE is trying to drive it down. But keep in mind that we DON'T know when the 10k will be here... you you have to figure out whether or not you want to risk not getting in with more just to save a few tenths of a cent.
That's why yesterday, I ended up bringing my price up from .075 to .08. I paid more, but at least I know that I'm in.
JMHO
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
I am starting to seriously question this company. IMO the auditor has had two weeks and two weekends. In the real world, they should have been working 24/7 to get this thing out. That's how the big boys play.
I didn't hear back from Megan yesterday and am beginning to wonder if those "in touch" with the company are being truthful. Anyone have an actual email they can post? I am at the end of my rope.
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people i am not realy understand all of that but don't lose your hope and bealive and with all our good energy we will have good news and the stock will climb up
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movinup--I think you will continue to see selling today if the K doesn't come out. I don't think there will be a strong close like yesterday with no k.
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Katrina, You sound like me on monday. Hang in there it should be ouyt soon. I would say get a few drinks in you but it's way to early for that. We will be rocking soon.
Another thing that came to mind while i was reading the past pr's and last years 10k, we could be the one getting accuired, that also would explain the 10k being late. IMO Yes i am fishing here but why elce would they be taking there sweet ass time UNLESS another company picks MOTGE up.
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quote:Originally posted by Katrina7: movinup--I think you will continue to see selling today if the K doesn't come out. I don't think there will be a strong close like yesterday with no k.
But I am wrong all the time.
in the last few days, motge seems to almost always makes major gains towards the end of the session.....
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Get a grip....find your position on this stock...yesterday everyone believes in it..then we go down a little bit, which is an obvious shake....400K shares??? and people start to doubt... can you even possibly comprehend how many emails and calls they are getting about this...jeez...these shakes have been happening since I got into this stock 1 month ago at least.... YOU ALL HAVE TO REMEMBER: it's not Welch's fault that the 10K is being delayed like this...he said he was going to be one day late filing, which he was...and the AUDITORS are stalling this, not him.
I got an email Welch him last night and this morning....he "truly" believes that this is the last day. The 10K was sent to him this morning for final modifications which they were finishing up at that time and he said he was sending it back, which was at around 9:45 am and when it reached the auditors that that should be it....Instead of griping about the 10K, try emailing him yourself and see for yourself....it's not Welch's fault, and he also added that this would never happen again and that MOTG would file on time next time around because this whole thing has been a pain in the ass. IMO JB JB
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Sorry--I was just venting, but honestly, everyday we here "today." And nothing comes.
I am not upset because the pps is down a few measley fractions of a penny, I am upset because IMO they have had ample time to get this thing out, and they have failed.
And, yes, I do blame Welch. Ultimately the buck stops with him. He chose the auditor, and he made the release that said it will be a few days late. His is absolutely fully responsible for this fiasco.
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