Anybody with half a brain can figure out whats going on here..The pumping is the biggest red flag...
Oh well, I guess time will tell if investors regain some confidence here.
Lets face it--- much can go wrong until we get some concrete news about RB4 shipments/deadlines, build quality, and just getting a handle on demand/volume.
With all the used RB toys out there its hard to believe that RB4 accessory sales will outpace the last RB offering but once again, time will tell.
Till then I really don't see any need to jump in right now especially with G hero coming out soon and some rocky Earnings calls seem to be on tap in the near future..
Personally, I'd rather be late to the party than be early and find out its been called off..
1. The insiders would sell their personal shares enough to cover rb4 expenditure. (yes the shareprice would plummet, however, if they spread out the sales over a couple of months it would not be so bad.)
2. The insiders would take the proceeds from their stock sales and lend it to mcz inc. in the form of a note.
3. After some time or when convenient mcz inc would repay the insiders principal and interest on the note
4. Finally the insiders could repurchase their shares if so desired at will.
Now, the task of convincing the insiders to go along with this plan would be similar to herding cats because it would diminish their voting control temporarily but at least the shareholders would not be punished with the dilution.
Hmmmm I wonder if the brokerage fees kick back to someone as a way of saying thanks..not cash of course but maybe a couple weeks at a vacation villa in bali or gifts..just guessing of course
The RB surge of years past was a stock price climbing the unknown for the first time. An explosive price movement which fed off the hunger and anticipation of the traders as they speculated on the sales potential of RB. We dont have that today because RB is no longer a virgin and with the old accessory compatibility
issue being worked on there may certainly be as you say a market stuck in show me mode.
on Feb 18 for mad catz....Does anyone know what product came in.
It was labeled "video game accessories"....Usually the documents are more specific...Hmmm???
I remember that article, however, it was never corroborated by mcz with any press release...Its not a current article and it never happened.
They are delusional and have no evidence to prove that mcz is making them.
Amazon probably wouldn't be too happy to know that this rumour exists.
The pumpers are squealing now. They've been in dead money for years hoping that this company would ride the new console coattails..Its not happening and their cries for help are a cruel reminder that the market never stays the same. Its always evolving and changing and ready to surprise you and take your money.
Support becomes resistance. Especially when a company is a loser and under performer like we have here. Sad, but they have been warned ad nausaum.
Its called keeping your powder dry.. A tough concept to understand for most of you "all in" "bet the ranch" 'gamblers" who are playing the losers game. In my opinion, the recent er has really put a damper on this stock. Meifud is doing a great service by warning the public.