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Volume over 100,000 shares. Are they diluting again. That's a lot of shars. taking the split ration that's over 2 millions shares traded in less than 2 hours.
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I am still here and not worth much at the moment. No doubt this stock is a huge dog but how low can it go? 0.01? The company will then be worth $20K. Maybe I'll buy it and put it on e-bay.
-------------------- If it walks, talks and look a like a duck, it is probably nothing like a duck at all.
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RB: Nope, still here. There's just nothing happening right now, at least on the forefront.
FWIW, I finally received a response from Mr. Welch last week. He basically just reassured me that the recapitalization of the company was to benefit us for the long term. Take it with a grain of salt. I'm only here because I had very little invested to begin with.
Good luck everyone. Markets sure are tough right now!
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quote:Originally posted by jimmer: I am still here and not worth much at the moment. No doubt this stock is a huge dog but how low can it go? 0.01? The company will then be worth $20K. Maybe I'll buy it and put it on e-bay.
Believe it or not that is possible. I personally think .05 is about the lowest but one never knows. It's very risky but high risk could be high reward.
What was AW thinking when he did the RS?
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In Welch's response to me last week, he mentioned that they were still busy replacing the accounting team to fix the problem with late filings. With the quarter ending tomorrow, this is the most probable reason why there hasn't been much in the way of PR's lately.
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Just another lame excuse from a lame CEO. It's always someone else's fault. The man is ashamed to be quoted in any PR's now, who's gonna believe him?
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So now I'm a pathological liar, huh....yes, it's true I don't really own MOTG and I'm not really down 50k. I WISH!
People buying a little today at .07. Today is the first day its been mostly buys. I guess folks think they are safe. AW claims he's working on something, but dont know what. I really hope we are not going to settle in here....that would be a nightmare.
Yes, Warped and I had a lovely lunch. He brought me nice flowers, and my daughters m&ms. I was very disappointed to discover he is much more normal than any of us could have expected. No cape at all....
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FWIW, AW says they are working on getting financials out and to expect some important news soon. He didn't specify a time frame, however, I would suspect that he'll be doing everything in his power to dodge the dreaded "E". I don't believe for one second that he's been sitting on his thumbs this whole time.
Hope everyone is hanging in there. Keep your heads up. (Not too high, though, the axeman aims low!)
OFF Topic: WWEN closed HOD and should gap tomorrow morning. Rumored additional news on Thurs. I jumped on the ship too early when I bought a few months ago at .38, but I was able to average down to .18. It finally paid off nice today. Expect big things in the coming months from them.
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Price per share is starting to look appealing. Last trade went at .04. May jump back in at .02, if it goes that low. I guess if AW has his way it might. GLTA
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