I can see both sides. We are all hoping that MPIX
Post# of 5570
Posted On: 04/10/2014 7:36:31 AM
I can see both sides. We are all hoping that MPIX will bring us a big winner. Some are really counting on MPIX to turn their financial situation around and over the past several days have seen their investment go down significantly. It is human nature to express concern.
At the same time, Harold moderated this board to discuss positive events leaving the negative to the other board. Penny stocks move on emotion while there is no news. As we have all seen this past week, it takes relatively low selling volume to bring a penny stock down hard. If there is a shakeout going on or even if it is someone who needed the cash and started the slide, negative emotions (posts) will scare more into selling.
Without a moderator sticking to no negative posts, this board will become just like the other. I would rather have few to no posts on a daily basis while there is no news than constant bashing as we see with the other board (not saying anyone here is presently bashing but this board will become that way).
Some may be looking for reassurance but only management truly knows what is in the pipeline. Turning a company around from scratch can take a long time. Who knows, we may be months away from a much higher share price or it could be another year or more. All I know is that MPIX's management has been working hard trying to turn MPIX into a going concern. They seemed well connected so if there is a chance MPIX will prosper, I believe they will make it happen. No guarantees as this is a start-up company.
Personally, I will add to my position should the share price come down more as I am willing to give management time to make things happen.
At the same time, Harold moderated this board to discuss positive events leaving the negative to the other board. Penny stocks move on emotion while there is no news. As we have all seen this past week, it takes relatively low selling volume to bring a penny stock down hard. If there is a shakeout going on or even if it is someone who needed the cash and started the slide, negative emotions (posts) will scare more into selling.
Without a moderator sticking to no negative posts, this board will become just like the other. I would rather have few to no posts on a daily basis while there is no news than constant bashing as we see with the other board (not saying anyone here is presently bashing but this board will become that way).
Some may be looking for reassurance but only management truly knows what is in the pipeline. Turning a company around from scratch can take a long time. Who knows, we may be months away from a much higher share price or it could be another year or more. All I know is that MPIX's management has been working hard trying to turn MPIX into a going concern. They seemed well connected so if there is a chance MPIX will prosper, I believe they will make it happen. No guarantees as this is a start-up company.
Personally, I will add to my position should the share price come down more as I am willing to give management time to make things happen.
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