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.