I asked my sources about the fact that we only have a contract for 30 days with lebed. Looking into it, the reason is that the 30 days (as opposed to a 90 day or longer contract) is being considered a trial run. Which is good news, because if they prove their worth, they may continue to use them.
But here's the really good news...
It's also because of timing. Which indicates to me that lebed is being used only to bring the shareprice up to where it should be or closer anyways... then, we'll have some major press releases on these various big deals we've been waiting on and we'll do so good we don't even need lebed! (Plus more will be aware of motg after the 30 day campaign anyways)
I guess what I'm trying to say is, this gives us a good point of reference in timing. I'm thinking that we will have some MAJOR stuff happening before the 30 day contract is up.
I'd suggest anyone who is "thinking" about buying MOTG to get it now since lebed is just STARTING. Look at how it's risen today, on just a tiny action from lebed.
Just my two cents. Do your own due.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
Lebed.biz is run by Jonathan Lebed who started investing in the market when he was only 12 years old. By the age of 14 he was a nationally televised finalist in a CNBC sponsored stock picking competition for students.
By the age of 16 he made national headlines and was featured on the covers of both NY Times Magazine and Time Magazine. He was named by Talk Magazine one of the 150 most influential people in the US. The NJ Star Ledger ranked him as one of the winners of the year.
Jonathan Lebed believes there are many great opportunities in today's market, some for the short-term some for the long-term. He looks for stocks that not only have great potential to rise, but others that could potentially fall and be great shorts.
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AW Picked the right person to promote MOTG:
Jonathan Lebed is in Michael Lewis's book: "Next: The Future just happened"
From Amazon's book review:
Lewis's observations are piercingly sharp....He notes that Jonathan Lebed, the teenage online investor, had "glimpsed the essential truth of the market--that even people who called themselves professionals were often incapable of independent thought and that most people, though obsessed with money, had little ability to make decisions about it." While Lewis's commentary gets a little more dense and theoretical toward the end, Next is an entertaining, thought-provoking look at life in an Internet-driven world.
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Good Times. Any time you meet a payment. Good Times. Any time you need a friend. Good Times. Any time you're out from under.
Not getting hastled, not getting hustled. Keepin' your head above water, Making a wave when you can.
Temporary lay offs. Good Times. Easy credit rip offs. Good Times. Scratchin' and surviving. Good Times. Hangin in a chow line Good Times. Ain't we lucky we got 'em Good Times.
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Has any one read Michael Lewis's article on the New York Times magazine? Very interesting article. You can find the article on lebed.biz.
In the article "Jonathan Lebed: Stock Manipulator, S.E.C. Nemesis -- and 15",Michael Lewis said: "when the producer from "60 Minutes" called to say he wanted to do a big segment about the world's first teenage stock market manipulator, he called the Philadelphia office. "Normally we call the top and get bumped down to some flack," says Trevor Nelson, the "60 Minutes" producer in question. "This time I left a message at the S.E.C's Philadelphia office, and Arthur Levitt's office called me right back." Levitt, being the S.E.C. chairman, flew right up from Washington to be on the show. "
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NextWeek: I've just been using the cost-basis number on Ameritrade, but I want to figure it out for myself. What's the easiest way to figure it out using a spreadsheet?
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Actually is was a GREAT move. The sell cleared funds for me to purchase CLBE. I have already made back all that I lost on MOTG and then some... Guess it is all perspective!
-------------------- All men's gains are the fruit of venturing.
quote:Originally posted by binsleep: NextWeek: I've just been using the cost-basis number on Ameritrade, but I want to figure it out for myself. What's the easiest way to figure it out using a spreadsheet?
NM, I figured it out. Matches exactly what Ameritrade is telling me. Averaged at .0502
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