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 todayOriginally 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!!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)
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 @.025I'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.
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
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