posted
if this goes below a penny, than I see no reason for it not to continue its drop. the trend has been down. there is definately something happening that we don't know about. this stock was at .09 when there no mentioin of them purchasing the new company. since then it tried a run and failed its making record income and the pps goes down. something does not add up.
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posted
**********: IBIN, NNSR, TCNH, HLKMF, MLXO, QOIL Have Also Been Added To Naked Short List Today
May 23, 2007 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: IBSG International Inc. (OTCBB: IBIN), NanoSensors Inc. (OTCBB: NNSR), Technest Holdings Inc. (OTCBB: TCNH), Houston Lake Mining Inc. (OTC: HLKMF), Michelex Corp. (OTC: MLXO), Quest Oil Corp. (OTC: QOIL). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.
Michelex Corp. (OTC: MLXO) founded in 1972, is a manufacturer/importer and distributor of C-Zero's, Cshells, Norelco Boxes, Jewel Boxes, DVD Boxes and other related specialty plastic products. The company has manufacturing facilities and distribution points in New York and Salt Lake City. The company employs people who are committed to the customers and to the operations of the business. Michelex offers a full range of products through its divisions to make it a one-stop shop for its customers. Michele Audio - Audio duplication services and an exclusive rights holder of a large catalog of music and spoken word recordings. Michelex Media Products - Producer, supplier and distributor of paper multimedia packaging products, also offering complete fulfillment services to its customers. With 105.87 million shares outstanding and 168,100 shares declared short as of April 2007, there is a failure to deliver in shares of MLXO.
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posted
The companies market cap is $1,588,050. I still believe this isn't moving anytime soon. I feel for those who bought today and are now already at a loss.
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Look at how even 50k pops us up 30-40 percent. It's ripe for a pop due to news or group play. Not saying it's gonna happen this week but I still think the movement potential on this one is good.
BF
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posted
I think it has a better chance of going below a penny then me seeing my .05 again. Also,I think we will see a reverse split and get screwed further. Trust me when I say I hope I'm wrong however it looks like I've been right so far.
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Yeah, we won't pop to .05 right away. Unless they start pumping ethonol that is...then we'd blow right past it.
DDA's average is right around where I am thinking the first real resistance will form once volume starts to carry it. I'm hoping it can touch .04.
You might think that's way overboard but if you look at our volume levels it suggests that whoever was ridding themselves of shares dried up late last week and we have been strictly on a retail diet here. Big Move still comin IMO.
GL
.017/.018
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Hang on a while longer, I was told by the company that they were almost ready for the auditors to complete the 10 K and 10 Q, it was a week ago or so. I got a hunch that the Ag Pro deal is going to close in early June and filings will follow.
Keep the faith
quote: I heard something along those same lines.... it went..."first things first"...!!! ...nothing till Ag Pro is closed..!!
Use the grain of salt theory.
Take down on Tuesday, starting back up.
.0125/.013
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