Post by
techfan49 on Jan 18, 2019 4:00am
BEFORE YOU MORTGAGE THE HOUSE BE ON THE ALERT
For 1, the sudden jump of volume could be a ruse. Ever hear of wash trading? That's when a small group of traders , trade it up, by buying it off each other, creating the impression of very high volume, and a sudden run up in price. They can be very sneaky. They will even get an editorial done to make it look like the company is hot too. My oh my. Take a good look at the eps of this one. Minus 32 cents per share. Granted the only company who is.using their device is ACB who tested their unit not long ago. MCM charges per tonne . There is no charge for the unit up front. It is a lease. For the company to make money, they need to raise funds with which to produce large numbers of units to be leased. Their idea is promising. However execution will determine whether or not their waste management tech is the one that many companies will opt for. Remember that the CEO of ACB can be very astute when it comes about pumping. He has a great interest that this share goes under everyone's radar since ACB owns millions.of their shares. If the share jumps to over 1 buck ACB will be looking pretty with the cash when they sell, even though MWM can be years from showing profitable eps. Who holds the bag till profits? You? Your neighbour? Do you think ACB will hang on to the shares if can collect a buck tomorrow? I think they will sell. Collect and thank you very much too bad for the bagholders. Not saying that MWT wont make profits some day. They can. But will they do it before someone else can do it at a price cheaper than they? There are waste management companies out there that are already spending money developing ideas to jump into the same industry as MWT. MWT needs to find big cash to mass produce the units and get them out to the LPs as fast as possible. Before the LPs already install another kind of system. What about the videos popping up on Midas Report? Midas Report is a 3rd party service hired by junior companies. Just because the ACB guy tells the host about it, does not make it a screaming buy and just because it jumps by 50% in one day, only proves that the stock was propped to look like it is the next grand slam..when it is not. Dydd. Do not trust what promoters say. Pick up the phone and call them direct. Ask tough questions. Much tougher questions than the Midas duo ask. Then do the math and ask yourself if right now it is worth any premium that the seller is asking. Just because aurora would like it to trade higher does not mean it will. Eventually all companies are judged by their ability to 1. Generate cash flow 2. Generate profits and 3. Attract millions in investments and 4. Not to pilfer the millions away. What do we know about MWT? A. It has a patented idea and 2. It is losing money and c. Aurora is a customer Did ACB become a customer after becoming an investor or is it the other way around? If MWT is a great opportunity then it shouldn't be ACB investing in it.with more paper. It should be Australis and ausa should pump cash into it because cash is what it needs. Does it mean that mwm will jump up since acb has shares of it already? For months acb has had shares. So why..all the rah rah?? Because it got the patent? And do they plan on licensing out the patent to waste management companies that can build and lease out their tech for a fee? Or do they build them all themselves? Bottom line..if it is losing 32 cents per share it is not profitable...can you still make money with the stock as a long? If the next guy that buys believes it will make money the he will pay more but if you run out of new blood you run out of gaz real quick. So tread wisely and make lots of money....
Comment by
HappyTrader213 on Jan 18, 2019 8:52am
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AphriaWinsBattl on Jan 18, 2019 9:14am
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AphriaWinsBattl on Jan 18, 2019 9:22am
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Comment by
caldernet on Jan 18, 2019 9:29am
There appears to be frighteningly little on the bid below the current ask/bid.
Comment by
Cashmeousside on Jan 18, 2019 12:56pm
This. Well-researched and well-said.
Comment by
makinprofit on Jan 18, 2019 10:05am
Techfan--a post with a lot of points. I would like for you to elaborate on the following "There are waste management companies out there that are already spending money developing ideas to jump into the same industry as MWT." Who are these companies that you refer to??
Comment by
bayoubucks on Jan 18, 2019 11:41am
Hey Guys, just put Techfan on Ignore. He's a paid basher. Look at the number of Ignores he has and join them.
Comment by
Cashmeousside on Jan 18, 2019 2:03pm
Yes, Techfan, please answer the question.
Comment by
AphriaWinsBattl on Jan 18, 2019 2:59pm
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AphriaWinsBattl on Jan 18, 2019 3:11pm
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Comment by
techfan49 on Jan 20, 2019 1:06am
You think because C Battley is involved that Micron will zoom? Aurora would have to take over and prove it can grow profitability before it transforms the float of Micron into a giant mess. The jury is still out on Aurora's acquisition strategy. Their lack of fiscal restraint is very unimpressive. Hopefully they will be wiser in their moves.
Comment by
Cashmeousside on Jan 20, 2019 4:15pm
Nobody thinks that. The science - which is unparalleled and now patent-protected - speaks for itself. ACB is just a helping hand, providing Micron a vehicle to get them through the pre-commercial, pre-revenue stages, which are now nearly complete. The innovation stands on its own. You’ve already made posts filled with misinformation and your credibility is shot.