Post by
BaystreetBrian on Oct 17, 2015 5:56am
Can't wait to hear about other offers
from interested parties who thinks the bid of .35 is a total steal!
Comment by
Samdm on Oct 17, 2015 11:25am
Brian there were 800k shares on the ask at .26 Is the offer a sham ? If MMTs track record does not warrant caution then you are a gambler I have not seen so many potential deals based on achieveing financing You saw the chart after the failed .80 bid straight down
Comment by
BaystreetBrian on Oct 17, 2015 8:18pm
I know what you're saying, but the offer is much less then the previous deal. You must admit, MMT's debt and assets are worth more then bid. But every penny stock is a gamble. It paid off for MBC when they went down to a penny, and then in short time, you could have had a 10 bagger!
Comment by
Samdm on Oct 17, 2015 8:20pm
I have a position but am cautious with the size based on the history of these guys obviously the spread would not be there if the market was not thinking the same I hope we are right
Comment by
BaystreetBrian on Oct 17, 2015 8:25pm
I think the market was confused and definitely caught off guard by the low offer. With tax loss selling season going on, some would rather take the loss, and who could blame them? But I bought in at .25 yesterday........I saw the NKO volume spike at 9:45am on Thursday and chose not to play........I missed that, I'm not missing this!
Comment by
al182 on Oct 18, 2015 10:35am
I am also in NKO at .05 cents and .08 cents and thing we might see .30 or .40 cents for it and own only 37000 shares from it (nko could also go under court protection before the news of last week) . Iown almost all ressources stock who I think will go much higher from now after the worst bear metals market in history of the stock market.glta