Martello Technologies Group Inc V.MTLO

One Positive

[Mikeyrob]

Been More Stable Accumulation in the past month then I have ever seen with this stock

[#chickendinner]

Was thinking that yesterday, still good volume but whomever is accumulating is extremely disciplined  @ .20-.205, most likely the same buyer throwing up the huge walls at .21 earlier in the week.   Was really hoping for some news, any news, proctors departure to kick off the new year with a bang, but it appears MTLO is a snoozer till some significant news comes along.  Whether it

[PatiencePays123]

I think for sure sophisticated accumulation. Probably an artifitical wall was put up at 21 to shake out retail sellers in the 20-20.5 range. The stock has had such a narrow range in the past month. Technicals are getting better and I think its next move up will be explosive. This type of narrow volatility and obvious accumulation typically preceeds an up-move.

[jermoguy]

Chickendinner, I feel for you man....you have, what, 1.6 million shares, and I think you mentioned your cost is in the high 20s or low 30s.  You of all people, have the most to be angry about.  I think you recently bought, what, 200K more shares? If I was in the Martello management team, I would be completely embarrassed and disgusted that they are letting shareholders like you down

[#chickendinner]

Just north of 1.5 Jermo, but regardless of share count,  a shareholder is a shareholder and MTLO has been a terrible custodian of shareholders money, they should be embarrassed.  

[PatiencePays123]

I'm of the same opinion chicken dinner and it sounds like we have a similar sized position. I put the blame solely on Proctor. Like I said, he was a decent enough ceo to take it public but now for its next phase of growth it needs a fresh and more seasoned growth ceo perspective.

[Qaloo0]

With last year being Covid dominated, could you argue that they were trying to play it safe. Even if Martello is good for companies to implement, could you say that those companies were also playing it safe. I do believe that the vast majority of complaints on this board have been justified and i do agree. Last year was a strange year, and moving to the arguement that money was still flowing into

[jermoguy]

Patience - agree.  Which then begs the question - how can we expect any change of business strategy / direction when the same people that brought us here are in place. It's like a fledgling sports team.  No team stays the same - underperformance or mediocre results will trigger an analysis and in almost all cases, a coach is replaced, underperforming players are moved out and