I know that MGLG is a waiting game but .0008 is scary. I'm still trying to process the enormous amount of information when it comes to investing but can someone explain "the float" and how it might pertain to MGLG. ANy info would be appreciated
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I know that MGLG is a waiting game but .0008 is scary. I'm still trying to process the enormous amount of information when it comes to investing but can someone explain "the float" and how it might pertain to MGLG. ANy info would be appreciated
Why are people selling that low anyways? wouldn't they be losing money?
man imagine if you got into MGLG at .0002 like 3 months ago.... thats alot of money....
NXHD had a hugeeee increase in volume on june 17th but it didn't go anywhere like mglg did.
stocks are so confusing :S
Sorry, to qualify the "scary" comment i meant that usually on days with high volume this stock will tick north to around .0017 or so. I know this isn't really high volume but much higher than in last week or two.
lol i don't know anything about stocks yet, i just bought my first stocks last wednesday (50% mglg and 50%bcle) i just read forums and say random stuff and ask about 101 questions. Sorry i can't answer your question :(
i feel driving over to mglg just to see the building lol but tht prolly wouldn't really do much. (its 1.5 hrs away)
I would think that they would be losing money but thier are people, a few on this site I believe, that did get in around .0002. I've been watching since early June, saw the spike to .0027 and the pullback and decided it was time to jump in at .0017 and .0011 hoping the #'s pr would hit soon. SO I'm stuck now having to hold out for the production #'s. I'm not too worried just wierded out by the action today:confused:Quote:
Originally Posted by Sean
I'm also a newbie to stocks, bought SIRI back in Feb. and found this site when I heard the talks of bk after my purchase. Hell, I'd drive the 1.5 hrs. to see what's up. I also had a little bit of cash leftover and put it on bcle, I just need one of these birds to take off!!:DQuote:
Originally Posted by Sean
that sucks getting in at .0017, i would have to tho if my account was ready for trading.
i got in at .0012
is it possible that the numbers could be "bad" and the stock goes bankrupt? lol that'd suck.
did you buy bcle too? i got in at .02... imagine .1 thats 5x your money... thats crazy
i'd be neat if this forum had instant chat.... but actually i like reading the posts when i get home from work so instant chat would be a bad idea
I wish I was that patient...I bought in @.025 :( I've learned so far that patience can pay off, it just cost me a thousand dollars. Anything can happen with pennies, it could go bk or it could go to .01-.03 it's hard to say. The people on this site are helpful, wise and insightful. Ptu that with some digging of your own I don't think we've made any horrible decisions here. As long as you do this with money you don't NEED, it's like playing the lottery almost.Quote:
Originally Posted by Sean
so did you buy on june 15th?
thats a bummer :/ but it looks like a ton of people think this stock is going to do well and if it woulda kept going up and made a "support level"(i'm learning lol) at like .004 you would abeen kicking yourself. i think its going to come back tho -i'm excited and can't wait
Damn...this work sh*t is getting in the way of me watching my stocks!!! I'm going to have to take this up with the boss
(Laughing)....Sean, you are a real morale booster! :)Quote:
Originally Posted by Sean
I couldn't afford pizza when I was in college...actually, I don't remember eating often. I always had plenty of beer though.Quote:
Originally Posted by trippingthespeculatingpos
IFSL taking off today!
I couldn't afford pizza when I was in college...actually, I don't remember eating to often. I always had plenty of beer though.Quote:
Originally Posted by trippingthespeculatingpos
I know Bill, i feel demoralized over here :o. Imagine my brittle self being crumbling when I saw BCLE @ .016. HA HA HA!!! I'm getting my ass kicked today. It's a bad day when SIRI is holding me up. Don't worry, I have tough skin and using money I don't need so all I have is time.Quote:
Originally Posted by billhart22
Sean, I remember reading how anxious you were for your account to get setup...I bet your glad it took as long as it did now:) I wish my money would have taken longer to clear :p
Hey fellow MGLG holders...
Don't panic!!
I know the price is dropping like a politician's promises but . . . this is penny stocks . . . and a stock price can change drastically because someone passed gas.
Keep saying this mantra about MGLG
They have a real product. They have a product that everyone needs. We are only waiting on numbers.
Many of the Penny Players only buy and sell on rumors, hopes, and dreams. The key is to select a company that has a sound product, good management, and a decent chance of being profitable. This is what MGLG has.
Be patient. You only lose money when you sell. Hold on (unless you want to gamble with flipping) I am in no hurry, things always move slower when dealing with outside companies (citizens) and summer always creates a slower pace.
Do not torture yourself with had I known it was going to go this low I would have . . . . yadda yadda.
Hold on long and if and when this hits, you will be planning your next vacation to Bermuda or Hawaii. The studies have shown that longs out play shorts and day trading by a long shot.
SO relax and breath and I will be asking you to pass the whiskey when we are all in the Florida Keys basking in the sun
I agree completely.
Also, you can substitute the MGLG in this post for IFSL and it is still accurate.
Happy trading fellas.
Quote:
Originally Posted by Stock Magician
Stock Magician, you are correct IMO. I'm getting ansie because I've been buying stock but have yet to take any profits since I started in Feb. Every now and again you get tired of not making money off these stocks and I'm not talented enough yet to be a flipper so there was some frustrating sarcasm in my other posts. I cannot wait though for the day I can crack that bottle of Makers Mark after one of these hit!!
I couldn't afford pizza when I was in college...actually, I don't remember eating to often. I always had plenty of beer though.Quote:
Originally Posted by trippingthespeculatingpos