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MNTY - Market 99 Ltd - Page 126

post #2501 of 2686
Quote:
Originally Posted by findme View Post
arg, this stock is annoying me.

anyone know how this stock achieved .051 on High 3/6/07 ? what happened on that day for this stock to go so high?

i still don't get how this stock is going down. he signed a lease so you know this is somewhat legit.
The reason that it ran to 0.05 back then was because Des PRd all these spectacular merger deals with big names, including GM. Of course, we didn't see any of them actually go through.

The reason that this isn't higher than it is now, despite the fact that we have a real company now, is because everyone is still skeptical based on Des' history.

I, for one, would just like confirmation that Des actually retired his shares.
post #2502 of 2686
Yeah that was a disaster for some people . I made money on it though .
post #2503 of 2686
Sorry I am new to this whole thing, but who is this "Des" you speak of?
post #2504 of 2686
So whats the deal with the transfer agent ? Are they gagged now ? If thats the case , they are diluting it and a reverse split is just down the road . Oh well , you play with fire long enough and you get burned sooner or later .
post #2505 of 2686
Quote:
Originally Posted by CnizzleMD View Post
Sorry I am new to this whole thing, but who is this "Des" you speak of?
Desmond Milligan , the former CEO of this POS and now just a person on the board of the company .
post #2506 of 2686
Quote:
Originally Posted by txpennytrader View Post
So whats the deal with the transfer agent ? Are they gagged now ? If thats the case , they are diluting it and a reverse split is just down the road . Oh well , you play with fire long enough and you get burned sooner or later .
No they're not gagged. However, they are NOT willing to give any information on MNTY's share structure. I asked why and they said it's just a decision they made.
post #2507 of 2686
Quote:
Originally Posted by mofo View Post
No they're not gagged. However, they are NOT willing to give any information on MNTY's share structure. I asked why and they said it's just a decision they made.
Thats pretty crappy . I wonder if its even legal ??? Maybe someone should inquire about this to the SEC .
post #2508 of 2686
Quote:
Originally Posted by txpennytrader View Post
Thats pretty crappy . I wonder if its even legal ??? Maybe someone should inquire about this to the SEC .
It could just be a matter of confidentiality agreements signed. Hence, the transfer agent is only allowed to release certain information. Since they are a non-SEC reporting company I suspect (though not sure) than they can release less info that a reporting co has to.
post #2509 of 2686
I think right now the MM's are just buying what they can get at bid and selling it for ask . Its not much at this point but if you buy at .0003 and sell at .0004 its a 30% profit . We desperately need some strong news to move this back up over .001 .
post #2510 of 2686
I think its time for DES to meet ole hickory.
post #2511 of 2686
This is some bull$hit right now .......
post #2512 of 2686
Quote:
Originally Posted by txpennytrader View Post
I think right now the MM's are just buying what they can get at bid and selling it for ask . Its not much at this point but if you buy at .0003 and sell at .0004 its a 30% profit . We desperately need some strong news to move this back up over .001 .

easier said than done.
post #2513 of 2686
Not for the MM's .......

If we don't see something by mid Feb 08 on the store opening , its game over and we will see a reverse split by the company for sure .
post #2514 of 2686
Quote:
Originally Posted by txpennytrader View Post
Not for the MM's .......

If we don't see something by mid Feb 08 on the store opening , its game over and we will see a reverse split by the company for sure .
very true. nothing by feb 8th im out and take my loses and wont look at pinkys again

mm's are rigged thats why i don't even calculate them in my calculations because they are unpredictable.
post #2515 of 2686
In pinky land the MM's are king . Nothing runs without them and nothing drops without them . They can short positions that other cannot and they can run the market down to cover their azzes after shorting the hell out of a stock . Its only when the company is actually a real producing company that the MM's won't usually dick with it . They are think MNTY is a another bogus company so they are not scared to jack with it at our expense .
post #2516 of 2686
LOL this stock is 50% above its low.

we might see it drop .000099!!

i think its r/s time.
post #2517 of 2686
It cannot go below .0001 . If it hits that , they will do a reverse split . You can bet your azz on it . At this point in the game it looks like just another scammer pinky stock again . Oh well .......... I'm in it till the end I guess .
post #2518 of 2686
Quote:
Originally Posted by txpennytrader View Post
It cannot go below .0001 . If it hits that , they will do a reverse split . You can bet your azz on it . At this point in the game it looks like just another scammer pinky stock again . Oh well .......... I'm in it till the end I guess .
well if it did hit .0001 a reverse split wouldn't matter because it would still be low to begin with. if they make it .001 nothing much would really change and we would still stay in the stock regardless.

note: we all knew this was a scammer stock to begin with. we just thought we could make money on it.
post #2519 of 2686
Yeah if it hits .0001 and then they reverse split it , then it will go up that many times of the reverse split . They will then start selling off more shares at a higher price until its alway the way back down again .

I am not saying this is going to happen guys , its just something to watch for and don't be surprised when it does .
post #2520 of 2686
Nice volume today, up one tick, hopefully two by EOD.
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