Ron, <<Shorting this stock...>> I was under the impression that only
Canadian Market Makers have the ability to short stocks by buying stock
in a company for an investor without an actual purchase, and hoping that
later the share price will drop so that the actual cost is much less than
the cost when the buy request was initiated.
Seems like my interpertation of this happening on other threads was that
it could cause severe problems for a company if they had no cash flow and
no cash in the bank, resulting in a Bankruptcy Chapter 11.
This shorting does not interest me, as I heard from many threader that those
who short a stock are looked upon with negative thoughts from current
shareholders. To short a stock means that you wish and hope that the
share price will fall and go to the lowest value possible, with a zero
being the best number.
If the 20:1 happens, and someone thinks that the share price will drop
lower, and then when reached a low number, then one has to predict if
MGR and Dave Webb has what it takes to bring value to a share.
Does one sell now, as if this is the high before a chapter 11.
Does one sell now, expecting a drop in price, and buy back at a low with
an expectation of the share price to bounce back.
My guess that the worse possibility for MGR is not a Bankruptcy Chapter 11,
but the current share price of .05, or lower to .01.
For me I will hold, and if 20:1 happens then the current .05 may become
the .01 as seened by todays price. Or with a 20:1 announcement Dave
Webb might simutaneously announce information to take current .05 to
that .13 of last month. Time will tell.
Until MGR has a cash flow, its all highly speculation, the place where
your and mine investment can loose all or make big multiples.
Once again, I have no e-mail or Private messages (I send none), so I will
give out some information I have received on this thread in the form of
a conclusion I have made from my interpertation of it. I will not identify
its location.
Question: Is Dave Webb to be trusted.
My Answer: Yes
Question: Does money exist to guarantee a sucessful MGR.
My Answer: Yes
If my two above are true, then in 6 months a share price of mgr will be
much higher than current of today.
Above is my answer to:
Now Doug, why would anyone put any more money into any ventures or
wonderful dream schemes manufactured by this group?? As to the thought
that "there are wonderful opportunities out there" posted by DW. Why
would you invest in this group when you can go direct to the wonderful
opportunities without further risk of a 1:20 consolidation.
Best regards, out and planning my holiday on the residual funds,
Ron E |
