Kind of ridiculous IMO. There are still a plethora
Post# of 12259
Posted On: 12/02/2014 5:56:36 PM
Re: WillForeall #3559
Kind of ridiculous IMO. There are still a plethora of 1's available, and still plenty of time to accumulate them. It's all fair game here.
If this is a competition to become the largest majority shareholder here it won't really matter much as Joel will still have controlling power over the stock with his preferred shares.
Also it's not like anyone can sell right now anyways, we're at no-bid. You think he is going to scare newbs into selling at a 100% loss? I don't think so. Also, a reverse split is not the end of the world. Your investment stays the same, the only thing changed - is the amount of shares you own. R/S is frowned upon by most penny stocks due to the fact some companies pursue a "Dump & Dillute" scheme. - HOWEVER Joel, while having increased the A/S - has reduced the A/S & O/S legitimately and honorably. That's a plus in my book.
I have speculated to the reason why bashers are attacking this stock, and I don't think it's out of "pure hobby" nor to "protect the common shareholder". I think they are working for a rival mining company whose interests are threatened by MNGG. They aren't paid to help short the stock, it's at .0001 and it's not going down any further.
Just my thoughts. I haven't posted in a while. I think patience will bring the largest rewards here.
IMO.
If this is a competition to become the largest majority shareholder here it won't really matter much as Joel will still have controlling power over the stock with his preferred shares.
Also it's not like anyone can sell right now anyways, we're at no-bid. You think he is going to scare newbs into selling at a 100% loss? I don't think so. Also, a reverse split is not the end of the world. Your investment stays the same, the only thing changed - is the amount of shares you own. R/S is frowned upon by most penny stocks due to the fact some companies pursue a "Dump & Dillute" scheme. - HOWEVER Joel, while having increased the A/S - has reduced the A/S & O/S legitimately and honorably. That's a plus in my book.
I have speculated to the reason why bashers are attacking this stock, and I don't think it's out of "pure hobby" nor to "protect the common shareholder". I think they are working for a rival mining company whose interests are threatened by MNGG. They aren't paid to help short the stock, it's at .0001 and it's not going down any further.
Just my thoughts. I haven't posted in a while. I think patience will bring the largest rewards here.
IMO.
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