Yeah, it is pretty amazing, if you listen to the mainstream media and Govt., as they continue to say that the Silver market is not rigged.
Sure, record demand, falling supply equals a 25% decline in price in a few months. Now there's a free market. Good to see that a lot of investors are not giving up, they have figured out that when the short game implodes, it is going to be epic.
Sentiment: Strong Buy
I am looking forward to 2015 as this company becomes more profitable and stock takes off. Not to mention the treasure trove of Women seeking love and affection on MeetMe, LOL. Man, talk about a win-win situation!
These pump and dump schemes are supposed to be illegal, company with public traded stock is supposed to have assets and or an actual business, but #$%$ like this continually sprouts up like Weeds.
Get out fast if you are lucky to have actually made a profit on this fraud.
Sentiment: Strong Sell
At first I thought this was crazy, but I looked it up, and you are correct, this thing has over 3,000,000 shares sold short. Quite unusual for a penny stock. Next week could be fun, looks like I hit this one in the sweet spot, especially if the company hints at future profitability in the next quarterly.
Should be interesting, I have not been involved as a stockholder with a MEET quarterly. I look forward to hearing what the much-maligned, at least on this Board, CEO has to say, and if the company is getting closer to profitability.
I like the chart, looks like she will run higher toward 2015. I will be happy if it is at $2.20 or so in January. Planning on holding for awhile anyway, Why the impatience, especially as your sentiment is " buy" Take your own advice my friend.
However, I am in it for a longer haul, looking to double or triple in a year. Looks like a lot of losers on this board, both in stock picking and Life, judging from a reply I got. Since the World Series stsrts tonight, I will refer to him as the Strike out King.
Lovin' MeetMe both as an investment, and as a place to meet Hot Women.
I am curious as to what metrices you use to say it is undervalued? Looks like a 2 dollar stock to me, no sign that it will ever turn a profit.
Really, only time will tell. I just started following the stock recently, and as the market collapsed, I saw an opportunity. I set my target price for entry a few days ago, when the stock was around $1.76, and the order executed this morning at $1.62.
You win some and lose some. Only time will tell if it is a good investment, but I am willing to take the risk. I am actually a user of the site, and for a free service, it is Okay. I have definitely had some interesting dates wirh girls I have found on MeetMe.
From a fundamental standpoint, this company looks good. Should be in the sweet spot within a year, where they turn profitable. I have done well with Wunderlich recommendations before, so their buy recommendation at $1.93 also figured into it. The fact that I got in at about 15% below that is a bonus. Currently the markets are crashing, but I am in this as a long term hold, not a trade.
Good luck everyone, lets see what happens.
Wow, talk about desperate. I was thinking about going short myself, but when idiots like yourself on that side of things, I might reconsider.
I figured most of the shorts from the 70-80 dollar GMCR were washed out. Guess not.
Sure, it only needs to go up about 15% in the next 2 days. Certainly realistic, LMAO.
Huh? If shorts were trying to exit, and there was any buying interest from people in anticipation of good earnings, volume and price would both be up.
However, if you want to play your delusional games, be my guest.
Did you mean to say 75?
I am sure you will just blame it on Einhorn. A bigger problem is future Sales growth expectations, which probably will not be met. The growth story is over, this is more of a cash Cow type stock now, profitable yes, dividend paying, but not a meteoric growth stock.
A decline back to 58 or so might get me interested, as a long term, conservative divided play.
Yeah, buying at this price is Nutso. Look at the balance sheet, look at the sales trends. This garbage will be 30 bucks a month from now, if not lower.
I tracked this one, as I sometimes do when an obvious scam is promoted by a phony analyst. I had received a fake newsletter from a #$%$ named James Rapholz in early November. Sure enough, this shell of a company went from 17 cents to $1.06 in about a week. Now it is 20 cents, probably .002 by February.
Incredible that there are still people who "invest' in stuff like this.
Merry Christmas suckers. Maybe if they put some of these criminals who promote these scams in Jail, this would stop.
Sentiment: Strong Sell
This stock, which market cap was ridiculously small in the 4 dollar range, was a fantastic buying opportunity the last couple of days. Not sure why their was such a huge selloff, but the people who sold will be crying soon I believe.
He buys all the #$%$ companies that make no money, and shorts the solid cash cows that have a long track record of profitability.
He will be living in a homeless shelter by 2015.
Sorry, i replied to the wrong post just now. The point being, fundamentally this is a 20 dollar stock at best. Its all hype and momo now, when it collapses it will be epic. Today was probably the beginning of a 2-3 month painful decline.
Sentiment: Strong Sell