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Author Topic: I got a strange feeling about MGEN today!!
RCAnalyst2007
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Like I said, today's pattern will be LONG SHADOW PATTERN. Buyers will come in the second half of the day.

"Description
The Hanging Man is also comprised of one candle. It is easily identified by the presence of a small body with a shadow at least two times greater than the body. It is found at the top of an up trend. The Japanese named this pattern because it looks like a head with the feet dangling down. "

Here is a link for the pattern;
http://www.candlestickforum.com/PPF/Parameters/16_478_/candlestick.asp

READ IT.

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Tape worm
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OOPs left out one. People are just taking profits. Once thats done up we go? I hope so.
At least this company does have some products. That far ahead of some others plus if they can work out the deal with CVS. That will be a big plus.

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Johnwayne
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I always hate to read through old threads and see the last posts of a desperate bag holder, frantically asking for questions and looking for
a ray of hope.

At first a few well meaning souls trot out the old "desperate shake by mm's" or "west coast hasn't waken up yet" or "filling the gap" or "News is coming" or "calm before the storm" posts.

Soon the bagholder posts the inevitable: "Am I the only one left in this"? which is sometimes followed by a post saying "Hello??????" or "Is anyone out there"? Then silence.
Eventually the bagholder begins the transition and convinces himself that he intended on going long the whole time.

Now it may be my turn to post those last few posts as I wait for my funds to settle.... hel it wouldn't be the first time!

Not having fun at anyone's misery. Just trying to lighten the mood.

--------------------
Thanks Matto. Thanks Juice.

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Tape worm
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quote:
Originally posted by Johnwayne:
I always hate to read through old threads and see the last posts of a desperate bag holder, frantically asking for questions and looking for
a ray of hope.

At first a few well meaning souls trot out the old "desperate shake by mm's" or "west coast hasn't waken up yet" or "filling the gap" or "News is coming" or "calm before the storm" posts.

Soon the bagholder posts the inevitable: "Am I the only one left in this"? which is sometimes followed by a post saying "Hello??????" or "Is anyone out there"? Then silence.
Eventually the bagholder begins the transition and convinces himself that he intended on going long the whole time.

Now it may be my turn to post those last few posts as I wait for my funds to settle.... hel it wouldn't be the first time!

Not having fun at anyone's misery. Just trying to lighten the mood.

----------------------------------------------

Boy if these are not true words I do not know what is.

Also John we will get this. How lucky I was. I sold this morning at .055 and bought back in at .0134. Thats always a good one. Things can turn in a second. So the wait and see game is own.

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Tape worm
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RC said: "Description The Hanging Man is also comprised of one candle. It is easily identified by the presence of a small body with a shadow at least two times greater than the body. It is found at the top of an up trend. The Japanese named this pattern because it looks like a head with the feet dangling down."
-----------------------------------------------
In the old west they called than DEAD. LOL

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RCAnalyst2007
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It's happening right now.. Big buyers are in and they will buy more. You can tell that by OBV (On Balance Volume) which is stable.

Once the panic sellers dried up which I think it did, then buyers will have to buy higher prices. If the orders are too big then MM's gonna do their best to keep the price at this level as long as they can. But I don't think they gonna be able to satisfy the orders if nobody sells it.

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Johnwayne
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RCA-
level two still looks primed. If we can get some buy pressure to beat down the wall at .036 this will take off again.
Still think we can see that volume this afternoon?

--------------------
Thanks Matto. Thanks Juice.

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Tape worm
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Not yet RC. But maybe hold at .031 and have a good bounce from there.
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Johnwayne
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RSI-59

--------------------
Thanks Matto. Thanks Juice.

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Tape worm
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Johnwayne I will be here now. Come hell or high water.
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RCAnalyst2007
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I'm thinking around 2PM.
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Johnwayne
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Tape-
Good to have some company. I will let everyone know when and if I sell. But I've not given up on RCA yet. I tell you he is the real deal.
And usually if he says she's gonna run, she'll run. Especially his inner day predictions are usually dead center.
A little news would help!

--------------------
Thanks Matto. Thanks Juice.

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Tape worm
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If you look at the L2's. It looks like the bigger ask are moving up. Only 4 MM's left in front of .04. 2MM's on bid at .0329 and ARCA just sets on the ask at .0329. Next ask is .037.
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Tape worm
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ARCA finally moved up to .035. The bid moved right up to .034. There was heavy buying at .0329.
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Johnwayne
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Looks like things are firming up. With 15 minute delay on level 2 I show:
3 on bid at .031
6 on bid at .03

1 ask at .032
1 ask at .0329
2 ask at .035
and then one mm at:
.04
.042
.043
.049
.055
.058
.066
Fella's that's as thin and spread out of an ask as I've ever seen.
I think RCA's right, I think she's gonna run this afternoon.

--------------------
Thanks Matto. Thanks Juice.

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Johnwayne
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********* updated their site....
They label MGEN as a great buyback opportunity!
Hold onto your hairy arses boys!!!!

--------------------
Thanks Matto. Thanks Juice.

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cactus33
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quote:
Originally posted by Johnwayne:
********* updated their site....
They label MGEN as a great buyback opportunity!
Hold onto your hairy arses boys!!!!

Because they need to dump more......
if it goes back up in any way GET OUT or the ster is gonna be in your mind for a long time, and not in a good way.

all just my opinion.

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Tape worm
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I love ARCA. Every where I go. He decides to be a one person downer. The ask was .037 and had a buy come in for 3000. ARCA then took the ask to .0335. Nothing but buying at .0335.

John I have instant L2's with ameritrade. I will keep you informed if something is about to happen.

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Tape worm
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Just thought I would throw this out again.



LETTER FROM THE CHAIRMAN

March 15, 2006

Dear Shareholder,

I realize everyone is anxiously awaiting the much heralded launch of the UNDIET® system. I cannot emphasize strongly enough how important we in management believe this product line is to our overall growth. Adding to the support and excitement, our “capital” partners have already invested an additional $1M to insure our success in this venture and further indicate the availability of additional capital if and when needed. This kind of monetary support is rare for micro-cap companies like Med Gen who struggle everyday to invent and launch proprietary products into the market place.

Making sure, positively sure, that we have met every measure of assurance testing is a very important process in the introduction of a new product. As new bacterial tests have become available, we have decided to submit UNDIET® to the most rigorous modern testing procedures now available, using this opportunity to include the results in our advertising and sales material. The power of this message and being the first to offer “Sprays the Way” technology to the millions who struggle with obesity problems will clearly add to the probability of a successful launch and an immediate surge in revenue for Med Gen.

I do not want to miss this opportunity. Thus I have delayed the launch until June. Ninety Days seems but a trifle when considering the enormity of the market we are entering, expected to reach $70 billion this year.

Further, I hope that everyone appreciates the wise use of our website to communicate important events. Not only does it save us precious dollars in filing constant “New Releases”, it also recognizes the extraordinary power of the Internet, a medium that is fast becoming our major source of income. Many of our shareholders already use our products on a monthly basis. Our Snorenz® has kept many marriages together and Good Nights Sleep® has helped many more get a better nights sleep. If you suffer joint pains, you owe it to yourself to try our Painenz®. We offer money back guarantees on all our products.

Like I promised, I’ll keep the news coming on a regular basis.

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cactus33
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everyones throwin their $ in CYSG..
maybe a front run oppt.?
IMO

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cactus33
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hah they just pulled it.. these guys are great
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Tape worm
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Good buying going on but the ask just sets on .034. The bid is at .0335. The bid seems to be trying to push it up. But the ask want help.

Just moved to .034 to .035.

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Tape worm
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Big buys at .035. Ask now .036 bid .035. The difference between today and yesterday is that when ever a buy hit up to the next level. Today it takes a lot more buying. Big time buying coming at .036. Now we are at .037.
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djg7
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I got in at .0335. Bid support at .036. Could run a little.
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Tape worm
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Looks like we are going to run. Here comes .038. The bid is now really pushing the ask hard. Big time buying at .037. Ask and bid both now .037.
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djg7
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Let's keep it going Tape worm! Run!
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Tape worm
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Things are working backwards to what they are suppose to. The ask is the problem. The bit will go where ever the ask wants to take it.
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Johnwayne
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Tape worm - thanks for the offer -
What is level 2 looking like now?
Is ask still thin?
Cactus-
I show it is still on that sight?

--------------------
Thanks Matto. Thanks Juice.

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Johnwayne
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SOB's! I just sold another stock and forgot to put all or none. They broke it up into two trades and sold 650 shares of it and than the rest with another order!
Commissions. Just robbery.

--------------------
Thanks Matto. Thanks Juice.

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Tape worm
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BID: 1 at 0341 and 2 at .034

ASK: 2 at .036 and 1 at .037 and 3 at .039

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Johnwayne
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RCA you still out there?
Thanks tape. I think she's going to run late today. that ask is too thin.
RSI at 60. holding steady.

--------------------
Thanks Matto. Thanks Juice.

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Tape worm
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MGEN #:

# share holders 1022
authorized 500 Mil
outstand'g 37,861,727
public float 24,127,121

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Johnwayne
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2 hours to go! Looks like it's just me and you Tape worm. What I'm thinking now is hat I will sell first thing in the morning. Unless this pops end of day.
Man I hope we don't have EOD sell off!!!!
I know RCA hasn't sold all of his shares but he is playing this longer term than I am.
His silence is worrying me.

--------------------
Thanks Matto. Thanks Juice.

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Average Joe
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quote:
Originally posted by cactus33:
hah they just pulled it.. these guys are great

They didn't pull it, but they did put 2 others up and took them both down in a short time. Then replaced them with another one. At this rate the *****ster will go thru the entire BB an PK list in no time. They dump so many shares that they start a panic selling. Even when techs are good.

--------------------
" Cash is King "

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buckstalker
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JW...how do you know that good ole RC hasn't sold?


quote:
Originally posted by Johnwayne:
2 hours to go! Looks like it's just me and you Tape worm. What I'm thinking now is hat I will sell first thing in the morning. Unless this pops end of day.
Man I hope we don't have EOD sell off!!!!
I know RCA hasn't sold all of his shares but he is playing this longer term than I am.
His silence is worrying me.



--------------------
***********************

It's all in the timing...

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