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MAGOR CORPORATION MGORF

"Magor Corp is engaged in designing, developing and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market."


GREY:MGORF - Post by User

Comment by shawshankon Jan 13, 2016 12:28am
121 Views
Post# 24452640

RE:RE:RE:Wide open after .25

RE:RE:RE:Wide open after .25




Dead...I am a bull on MCC...infacf I think I started this thread when I bought my first tranche of MCC for my registered accounts but bought for my trading account in December at the all time lows of this thing...but I don't see .40 a share by Thursday-I just don't see it.

 

Could it happen...yeah maybe...I don't have level II so can't say what's stacking up behind the next ask price in availability-but I think we have showed mega strength today considering it hit .175 and closed at .25-near 2yr highs right now I think...ahead of the GOC paid for trial results the $1/2million order backlog and the just announced RCMp additional rollout and all of 2015 where the company spent the burden of the year meeting GOC compliance and standards protocols in relation to their preferred vendor list and given they were already a GOC this was important to expediting order procurement process as Magor was already a GOC supply and service contracting company for Aerus Video Interoperable/Interconnecitivy Services across its GOC infrastructure with more to come AND rolled out a few years back from one of the government agencies in the Kingdom-that being Saudi Arabia left undisclosed this governement agencie for national security reasons for the Sauds-and since the GOC requested the WIndows Aerus application to coincide with their Cloud based service and now that Magor has successfully transitioned to the software recurring revenue business model...the future rollout and adoption of the technology as we enter 2016 is probably the most bullish its been for the business case in a long time.

But think about it...we moved from .015 just a 4 weeks ago...appx a month or less if you include the holidays where the markets were closed and we up what over 1000% since todays close-1 15 bagger or so since second week of December?

To say were going to hit .40 on Thursday...boo yeah I hope its so...keep it coming.

But for what its worth I don't see it happening and would be just as happy if not more so 
to see 5million shares or so trade hands at .25 ahead of the pending MCC news to come
and forming one hell of a strong base that level than a monetary momentary spike to .40
without any support for it there at all or on the way down before support was found...I would much rather from a technical perspective see backfilling and support come in at a high this thing has not enjoyed for a good year and much longer at that high...then spike and fall-for then the continual ascent of the share price will have legs long term then by walking around on a pair of to tight high heel shoes the lady only decided to wear for show by comparison.

 

SS



DeadliestCatch wrote:

Heinz1944 wrote: I hear a reco coming next week. To the moon !!  Load up -whats not to like


40s by Thursday and nice close mid 30s on Friday ready for some consolidation and then a move to the next level end of next week. This is going to be the shinning star of the down market. There is always one.


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