RE:RE:RE:RE:RE:Again I ask for the LEVEL II from the commeilfaut wrote: kisstopherp wrote: commeilfaut wrote: ompong12 wrote: old_dog wrote: close at Friday.......it will be a guide for where the market WAS and where it will open.....on Tuesday. The 3 day weekend has been a good thing because it gives small players like us a chance to float some ideas and do some reasoning as to where things at going...and its a good cool down period so some bone heads don't jump ship like its going down only to realize it was a pipe for meal time.....all hands report to the galley....the ship is still at sea and yes it has been a stormy cruise so far....but it doesn't mean the ship is going down..NOT BY ANY MEANS.....there is still a lot of wealth in the company's assets....more than enough to make everyone happy and then some...
Many years ago I remember Magna International....Frank Stronach started the company and decided to do other things so he turned it over to his daughter.....she nearly ran it into the ground....it went to 2.00 a share.....some of the old guys I knew back then talked me out of it...STAY AWAY...STAY AWAY..you don't want someone else's problems....I said Frank is back he'll fix it....STAY AWAY...STAY AWAY....so I listened....young and new to the game was I........well that was 1990....look at it today......
One thing I learned through all of that is that REAL profits are not found in safe stocks......REAL profits come from risks......but what kind of risks makes the difference.....MBC...is a risky flip of the quarter but in this case its has VERY LITTLE risk for the person holding the stock at these levels..the real risk is for the MAJORS that are in at over 2.00...and we know their in for MANY POUNDS ....I'll repeat it again.......MANY POUNDS....the only things facing the investor at 10-15 cents is how long will they hold a stock before the news....of a deal and how much bacon is going to be on their plate after a deal is done.
Its not that MBC was or is a poorly run company...they just went into a country with spiraling inflation and a currency devaluating like a hot-air balloon headed for th earth....This same situation is taking place in Russia right now and has been for 2 years and may explain why the Russian Fertilizer cartel dissolved the way it did.....you have to sell twice as much to make the same $$ value...hence you can't be in a cartel that restricts your output if you need to sell three as much to keep things running....If the Russian government ever gets its act together and Cartel relationships get smoothed over which they will, then fertilzer will be heading back into the clouds.....
Majors looking at MBC are looking not so much at MBC as something to gobble up but more as where is fertilizer going to be in 3, 7 or 10 years from now. Their looking at future growth, market share and making stratagies to build a firmer company and how they can either bring in part of MBC...all of MBC...or be the JV for MBC.....Their also aware that other MAJORS are doing the exact same thing......many factors are being considered and they also know they have to be fair in their bids because other MAJORS are in the running ....its not a time to toss out a low bid and hope you get it..NNNNNOOOOOOO....this is where you need to mount a firm knock-out punch and make it Viable for the MAJOR INSIDERS
So if you have the closing LEVEL II...can you post it....it will be the gauge for the open on Tuesday.....
thank you
old_dog
| Market Maker | Shares | Bid Price | Ask Price | Shares | Market Maker |
| | 886,500 | 0.095 | 0.100 | 90,000 | |
| | 1,014,500 | 0.090 | 0.105 | 539,000 | |
| | 520,500 | 0.085 | 0.110 | 233,000 | |
| | 725,500 | 0.080 | 0.115 | 249,000 | |
| | 70,000 | 0.075 | 0.120 | 359,500 | |
| | 80,000 | 0.070 | 0.125 | 170,000 | |
| | 11,500 | 0.060 | 0.130 | 147,000 | |
| | 10,000 | 0.055 | 0.135 | 19,500 | |
| | 125,000 | 0.050 | 0.140 | 230,000 | |
| | 193,000 | 0.040 | 0.145 | 113,000 | |
this is the level 2 in my RBC account but i dont know if this is a consolidated of all the market exchange
i think that if they have a chance to make the sp go down they will. Anyway i'm ready for thuesday so ti does not mather to me. I'm just wondering what will be the low. I can tell you one thing the market will react to fridays's news you can be sure of that.
How clueless are retail investors? It stuns me how many invest in something without knowing what's going on.
Who in thier right mind thought q1 would be anything then what it was? It's in care in maintenance - no revenue, no cash flow, no earnings. Who bought this because of it's financials?
I suspect that bids were already due prior to the release of Q1. Majors would buy this for the reserves.
Sell and I will load up.
who's clueless exactly?
truth be told we all are - we don't know if there are bids, how many bids, what the bids are, buyouts? JV? etc.
To sugges the market knows is laughable. the market knows nothing.
Duluth metals was sold at .065c and was heading to .03c before it sold for .45c. Market had no clue. Retial investors did what they do best destroy the value of thier securities.