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I've always maintained the mms have tight control over this stock....they are still not ready for her to run. But by the way we gapped open, I'd say they got some pressure comin. We'll see how many shares they get at .031, not many I bet.
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Folks for the first time since October this chart is looking incredible. More volume will seal it imo. I think it's fair to say someone is accumulating here...
MACD divergence, first RSI 50 break since Le-bed
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Modern Technology Corp Chairman, Anthony Welch, Addresses Investment Community in Exclusive Wall Street Network Interview
Last Update: 4/10/2006 11:13:48 AM Data provided by
OXFORD, MS, Apr 10, 2006 (MARKET WIRE via COMTEX) -- Modern Technology Corp (MOTG) a diversified technology development and acquisition company announced today its Chairman and CEO was interviewed by Wall Street Network.
In the interview, Mr. Welch addresses some of the recent accomplishments and goals for MOTG. To hear the entire interview, visit www.wallst.net. "Interviews/Podcasts."
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.
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Kat I waited 8months invested a stupid amount of hours in this...There is no way I am going to miss out on the run...Hrve's shareholders I think will probably take the offer. It is a good offer..They know that they can't do any better and they are kidding themselves if they think they will....we need a little over 1.5million shares....so we will see what happens...
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quote:Originally posted by Stocktrader20: Modern Technology Corp (MOTG) a diversified technology development and acquisition company announced today its Chairman and CEO was interviewed by Wall Street Network.
He sounds very excited about Harvey!
Nothing new in regards to further acquisitions, etc. Reiterated $65m goal and national listing.
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emich-You don't think MOTG already has some of the shares? You think that big volume day for HRVE was just an insider making some money?
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AW mentioned "additional acquistion(s)" in plural in the interview. While I'm sure the HRVE deal is at the forefront, it sounds like its not the only thing going on right now.
Welch has certainly put a lot towards this company the past year. It's pretty exciting to think of where we may be in a year!
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quote:Originally posted by CMoney: How much do I need in my account to have daytrder status?
C$
Usually people don't WANT daytrader status. Most folks reach daytrader status involuntarily by trading more than 3 (or is it 4?) round trip daytrades in a 5 day period. They then get their accounts shut down until they deposit $25,000. The trick here is that apparently if you have a cash account you can do unlimited dt's. I have a cash account, do plenty of daytrading and have never been flagged. People with a margin account seem to be the ones who get shut down. It's hard to find information on this though, brokers and the SEC are strangely silent on this topic, presumably to discourage daytrading by newcomers to the market.
GL in your trades. And follow Daradog, arguably the best day trader ever.
I know someone who was hit with the (fine). Not sure what to call it since its your own money. Just my luck, this darn Teach Me To Trade class told me to get a margin account.
BTW,
Anybody here ever take a course from TMTT, 4x, Optionetics, WizeTrade, etc, etc.
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they got it lock-stepped pretty neatly: margin accts with < $25k get busted back to cash for too many round-trips, yet tax bennies of being classified by IRS as a "trader" much more favorable than those for "investor."
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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Not much volume. You would think with all those alerts we would have higher volume. I guess we have to spread the word ourselves. I try to casually mention our stock on other message boards.
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MOTG doesn't like top stay above the upper bollinger for very long, so today might not be a real strong day. Overall, technicals still look good though. More volume on the up side would be nice
I'm sure all the shorts have covered following the Harvey announcement and now they're gonna let this thing climb.
Also, from reading the boards I think all the flippers are out and that's good for us too.
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