i was on a safari near lake victoria an was near abx mine so i scoped out trx. i just started buying trx and am starting to scale into a position. shorting is crowded on this and the exit door is small. keep hoping gold sells off or you will be squeezed.
well echo is paying penny stock newsletters to hype their stock. vringo had voluntary cheerleaders and a legal team that beat a top ip law firm.
pop goes virnetX
Sentiment: Strong Buy
will i just made 40% on the long side. now i have no position, but i will buy back around 3 if it gets there. i don't short anything, sometimes i buy puts though. if it breaks out above 5 i will scalp a quick long trade too, but i feel a pullback into the 3s is on its way and now i can buy even more shares
or they could report revenue. goog was cash flow positive and ebidta positive before the ipo. mimvi isn't even close. why
it is percentages that matter - not $ amounts. when btx is down 40% just keep telling yourself it can only go down 3 more dollars.
because the company has a shelf offering and is selling shares to new suckers. read the sec filings. why do they need to keep raising millions when there have been 2 billion app downloads and they haven't made a dime? oh yeah cuz nobody used mimvi for those 2billion app searches
google sells advertising. consumers use it because google has a network of servers that fetch results in nanoseconds.
Mimvi is slow and not anything special. How are they going to sell advertisements when they can barely get eyeballs to use their product? Quixey, Google, Apple, Facebook will block mimvi from ever becoming anything more than a story to sell amateur investors.
I find way too many company press releases and hype videos and seeking alpha pump articles.
Look at the chart, with as much hype for a micro-cap stock this should be at $2. Something is fishy.
I know no one with an Iphone or Android device that searches for apps daily like they browse the web. Further not one of them gives a flying f about mimvi.
have fun dealing with endless secondaries. The best 'hope' for a return I see here is for microsoft to waste cash on a negative NPV acquisition.
you don't search apps everyday, you download them once and never search again.
No one is going to go to download the mimvi app on the ios or android store to search apps when each app store already has their own app search that works fine. Apps are searched for based on word of mouth and network effect than just aimless searches and clicks.
I see mimvi as one big scam that insiders are hyping on seeking alpha so they can continue to sell you shares to pay their big salaries.