Would you care to share a little more info/dd on MMIC...I was reading over it and it seems as though it might be a good buy...anything you want to bring to light regarding its business. Thanks in advance JB
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Well, from the DD I did they should have a nice report this time around due to the recent contracts. They went out of there way to gte a FAB going first time in there history so they could make extra profits rather than outsourcing there work. They just got licensend in Louisiana for Gulf coast work. That should bring in millions. They are expecting a contract with a Kuwait company.
Just came off of there lows. making it's way back up again. Too me it's good news all around right now.
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Looks like everyone's loading the boat this morning at .07....300k in buys, 40k in sales....and guess what, the price hasn't budged. This sucks.
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volume is the number of shares traded--we usually talk about it as a daily thing for example volume today is 458,000 for MOTG meaning that than any shares have been bought and sold. In this case, the buys far exceed the sells and we can tell that though last sale
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Kat, I don't want anyone to think I'm saying this because we're finally off .07, but I was thinking, while we were sitting there for so long, that there are just no sellers, and that buyers are about full. I think the buying bubble is full, and everyone holding is ready for the price to pop. Further, if NITE can't make easy money off volume, he may be inclined to let this run as it should.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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A broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. Each market maker competes for customer order flow by displaying buy and sell quotations for a guaranteed number of shares. Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order. This process takes place in mere seconds.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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Tech--I think you are right about the sellers. I think we have a new base that's in between .06-.08 and there would be no point for them to sell, unless they thought this would tank...
Nite's let it run a couple of times before. I'd be so happy if he did. The one thing I did notice is that yesterday there was no one on the ask until .09 and a few more have come on the the 8s. We may just have to wait for the Inmarketing deal before we see any real price jump. I still think it's a very positive sign that people aren't sellling.
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ok I threw a little on MMIC...let's see which one runs first...i still like motg and didn't shed any shares to play over there...just looking for a little spice...
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I just wanted to say hello. I am a friend of Kat's she has been talking about this message board for a while and she finally convinced me to give it a go. I am holding approx 100k shares in the mid .05's and holding loooooong!! Looking with the rest of you to give NITE what's coming to him.
I kept hitting the ask yesterday and the guy didn't budge. I'd really like to know how many shares he's holding (or pretending to hold). I got another 70K yesterday, and I think I'm done. Else we'd be "insiders" YIPE.
-------------------- Never underestimate the stupidity of people in large groups.
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Another Question. Usually, most stock watchers examin the Dow, Nasdaq, and S&P 500... when they own stocks in companies. WHY???? If MOTG ever get listed on Nasdaq... ( 10 years from now )... what advantage would watching NASDAQ quotes have? If the market looks bad... that does not neccessary mean that the stock you own will follow suite
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Yeah I've been following the board it looks like you and your hub own about 10% of MOTG by now. Way to hostile takeover!
I'm predicting trading sideways until the next pr. Anxiously awaiting the 10Q to see how much profit MOTG has taken in since June. It will be very telling of the rest of the year IMO
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Newbie - you're right in that your stock can be up when the market is down, and vice versa. But if your company is part of a major sector - say Tech, which the NAS is heavy in - then the movement in the NAS will be indicative of the movement of those sectors.
So it's not a mirror of your stocks performance so much as an indicator of trends and patterns in the market overall.
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AN, many long-term investors are in funds that consist of a diverse number of NAZ stocks. The ticker will give them a barometer for how their fund is doing. If one is just in one or a few stocks, the NAZ quote won't mean a thing.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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I know you guys are looking at MMIC and DIAAF. They are both providing good entries now IMO
I have played both in the past and have had lots of success particularly with MMIC. BB is right in that they diluted the heck out of it in the last few months. But when it runs... usually on news.. looks for gains in the triple digits.
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