Mogo Inc T.MOGO

This stock is a joke....

[88guy88]

last week when it was around 95 cents on Thursday they ran the stock way up to $1.20 to support the consolidation and then Friday the stock went back to 93 cents because they announced about a hour before market close that they did a warrant offer to Postmedia at $2.79 which is exactly 93 cents post 3 for 1 consolidation.....and now the stock is trading well below $2.79

feel bad for all the investors that bought on that manipulated runup on Thursday from 95 cents to $1.20 and then got smashed back down on Friday with the LATE release of the warrants info

this management is a real piece of work.....this stock was clearly maniputated up to $1.20 and then dropped with the late news release.....shame shame you bass turds....

I did not touch this stock and than goodness I didn't....cheers!

[Viking2233]

Do reverse splits ever create confidence? Unfortunately this company has had negative equity for 8 years and have changed their business model 5 times. How long before the usd share price is below $1 again on the nasdaq. A reverse split is seldom ever successful and generally speaking it is seen as a negative.

[88guy88]

yes this stock is a clear train wreck....consolidations usually sell off to new lows and in the premarket it was getting a bid of $2.40 or 80cents pre consolidation..... analysts have 1 buy and 1 strong buy....but they know nothing generally and just react to the price...most average investors with some general knowledge on fundamentals of balance sheets and some basic tech analysis know more

[stever50]

Garbage is right. Lost some big bucks