posted
I don't care what anybody says, there is no reason why we should be trading at 0.041 again! We've been in this range for some time, then we went to 0.03...and now back up pass the 0.04's and into the 0.05's! Why are we heading back to 0.04 and probably in the 0.03's again? Profit taking? I don't think so...most people that bought at the 0.03 range sold allready or are holding for much higher. So where are the shares coming from that are being sold at the BID and pushing the BID down ? NITE has way too much power, i'm sick of them!! Watch NITE push this down again...the fu(kers!
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posted
there are plenty of reasons... controlled by market maker, has had some recent dilution, no good news, etc etc etc. I still think MOTG is a good stock but I think people are making a mistake "investing" in a penny stock which we all know are extremely volitile. I dont think having a "good company" is all that matters in pennyland... too many other things have a much stronger effect on the share price... GLTA
-------------------- All men's gains are the fruit of venturing.
posted
Info: Ameritrade - "As of January 31, 2006, NASDAQ and listed (NYSE/AMEX) orders for stocks priced below $1 can be entered to four decimal places."
posted
what we(I) need is two more days like we had friday...5M+ volume of buying...and we'd be around 0.07......anybody else we can use besides Lebed? we(I) need 2 more ..lol
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See heres what pisses me off. We get 4 buys a bid and it drops a couple of ticks. And now we have had about 15 buys at the ask over, about 250k shares, and nothing. I hate that crap.
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quote:Originally posted by stocknut2006: I don't get it, people keep selling at the BID....why ????
Most of those sales are small, just MM's trading back and fourth to entice real sellers to giving away their shares.
I wish that were true but I just had a relatively large buy order filled. On the one hand I am happy to buy more at this price but then it does worry me some that it was so easy. If we see a 750,000 share order at low as in recent past then it's "same ole" so just hold for .05+ and flip again.
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Just to expand a bit, I am tempted to plunge again for more but have other stocks waiting for my attention, ATS, XDSL. Oh just see my Jan 17 list.
We're all sitting on our hands doing nothing, waiting for this to move up. Meanwhile, Lebed has been paid $15,000 to pump this stock and he's not doing it!
The squeeky wheel gets the grease. I say, let's start raising heck with Lebed. He needs to do his job and start pumping this like he promised.
I just emailed his company. All of you should also do so, asking him to do his job, earn his $15k by pumping MOTG like crazy.
Anyone else going to committ to doing so? If anyone gets a response, please post it here. Who's with me? Let's start screaming until Lebed follows through. I'm tired of waiting for others. I've got money in this and I want it to start being worth my while!
Who's gonna email him? EVERYONE SHOULD! If you do, please tell us here, so we have an idea of how many people are gonna give this guy a hard time.
Lebed's company email address is: staff*lebed.biz
I have his personal email address as well and have sent him a strong email... but I won't give this email address out just yet. Let's hope we can get some action.
People if we do this, maybe we can get him off his butt... we can turn MOTG around and get it worth over 8 cents in two weeks or less if we push Lebed enough. We all should email him EVERY DAY until we see some action.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
You think having him send out massive amounts of email and fax spam this will help MOTG gain exposure for long term investors who are going to actually help the PPS? Good Luck... He will get investers in the short term who will load up and then dump the shares for a profit as MOTG slides back into the 3's...I dont think hiring his company provides the kind of exposure a GOOD company is looking for... JMHO
-------------------- All men's gains are the fruit of venturing.
I totally agree with you that normally lebed isn't the way to go and that he will mostly attract day traders.
But right now, we're sitting really low and MOTG paid the guy 15k, so we at least might as well get SOME action from him. Even if the sp jumps up and down because of it, at least we'll get out in front of people. The more people that know about motg, the better. Right now, we could use any publicity at all.
trade, go to lebed.biz.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
Modern Technology Corp Subsidiary Sound City Continues Rapid Expansion With New Appointment
OXFORD, MS -- (MARKET WIRE) -- 01/31/06 -- Modern Technology Corp (OTC BB: MOTG) a rapidly growing diversified technology development and acquisition company announced its subsidiary Sound City (http://www.soundcity.com) appointed Patrick Lucariello to the position of Sales Manager for its expanding custom installation division.
Mr. Lucariello has been in the commercial and professional audio-video market for ten years with strong experience in designing and installing systems into retail and major department stores.
"His aggressive management style, coupled with his knowledge of system design will catapult this division into a profitable and successful division of Sound City. Sound City has two operational locations with a third already announced and scheduled for opening in the near future. We continue delivering on our vision of continuous growth and expect to have many more exciting developments to announce in the coming days and weeks," said Anthony Welch, Chairman of Modern Technology Corp.
About Modern Technology Corp
Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MOTG improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MOTG also commercializes new technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to build shareholder value through a model of continuous growth. Web Address: http://www.moderntechnologycorp.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Company Contact: Megan Peterson 1-662-236-5928
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Warped> I feel your pain, I'm down a sh1t load of money on this one and kicking myself in the a$$ for it. My average was 0.071. I don't know too much about Lebed, and what he can do beside email all his followers. He probably did that on Friday and that's why we saw a big spike. I was hoping this would have given us a kickstart and MM's would help us up to sell all the shares they picked up from the conversion...but it looks like it's not the case.
Seeing this come down again has made me change my trading strategy. Having put all the money I can afford in MOTG, I couldn't play any other stocks. So I sold half my position (for a big loss of course) and will wait to see how low we will go and then i'll buy again, and flip it until I can make my money back...just like alot of people are doing...if that doesn't work I'll put the money somewhere else.
I've kept a chunk of shares in case we do go up, or something big happens, but i'm afraid that this will be the pattern for some time. The boards have become very quiet, rumors are gone, and not much news lately..all this plus when you look at the chart it points down, we need lebed to pump it up...and ARCA is not done.
I have no doubt that we will see much much higher PPS somewhere down the road, I just had too much at stake. Time for a little break from the boards and from watching this everyday. GLTA
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I've checked out this dude and I vaguely remember him back in his really naughty days. Honest question though, were is the evidence that MOTG has employed his services? If it has been previously stated and I missed it, I apologize, but I don't see anything available to the public tying him to the company. I'm currently out hoping for a low 3 re-entry point. Thanks in advance....
-------------------- I may be wrong, but I don't think so....
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