Get those Lincolns out and bail out Pulse 87! When the bad news was announced yesterday, the stock price of Mega Media fell 50% to a cent. It is still trading at a penny. Upon first glance of the income statement, you would figure that the company is hopeless. But after listening to its product, you would know that the product is a hit.
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The stock price is a penny!
- Thread starter nd2023
- Start date
Nick, sorry ... but again, you're hoplessly emotional about a business you have no knowledge.
For the second day, the stock, during the "fundraiser" fell BELOW $.01 (a penny, Nick) to close at $.0099. A near 14% drop from yesterday.
Get it straight, guy. Emotion won't save it. Four million dollars will.
For the second day, the stock, during the "fundraiser" fell BELOW $.01 (a penny, Nick) to close at $.0099. A near 14% drop from yesterday.
Get it straight, guy. Emotion won't save it. Four million dollars will.
The "haters" seem to be ignoring the fact that it's Mega Media group that's the one in trouble...an entity which encompasses more than just Pulse. I would venture to guess Pulse is probably keeping the rest of the company afloat right now and not the other way around, and any failure would have to do with the poor health of Mega Media and not specifically Pulse.
The "dance fanatics" are not the only ones being hopelessly emotional. I've seen plenty of emotion coming from the "other side"...the type of emotion that begins with "h" and ends with "ate."
The "dance fanatics" are not the only ones being hopelessly emotional. I've seen plenty of emotion coming from the "other side"...the type of emotion that begins with "h" and ends with "ate."
neo11 ... you make a true and quite accurate point ... one that I totally agree.
So goes Mega ... so goes Pulse. It's that simple. Pulse is not a separate "division" ... it's part of Mega and the whole company is worthless, as it's stock will prove. Not Pulse. Not the recording studios. Not the magazine. Not the other things the company claims as asset "value."
But, without Mega, there would be no Pulse. And you might be right, without Pulse, there might not be a Mega.
Guess what? A less than penny stock and a hurried and poor attempt at "fundraising" for a day proves the desperation.
Somehow, someway,someone will sell Mega. Someone will buy Pulse. Someone will take on a LOT of debt to just take over the payments. Someone will take the shot at investing in it to make it grow. But the numbers right now don't show the smartness in doing that. "We cannot see that the company can continue as a viable concern," according to their accountants.
That's for Mega. Obviously, if wasn't Pulse, why would they endanger it by threatening to shut it down if they didn't raise money?
Dumb thing to do for your most valuable outlet.
So goes Mega ... so goes Pulse. It's that simple. Pulse is not a separate "division" ... it's part of Mega and the whole company is worthless, as it's stock will prove. Not Pulse. Not the recording studios. Not the magazine. Not the other things the company claims as asset "value."
But, without Mega, there would be no Pulse. And you might be right, without Pulse, there might not be a Mega.
Guess what? A less than penny stock and a hurried and poor attempt at "fundraising" for a day proves the desperation.
Somehow, someway,someone will sell Mega. Someone will buy Pulse. Someone will take on a LOT of debt to just take over the payments. Someone will take the shot at investing in it to make it grow. But the numbers right now don't show the smartness in doing that. "We cannot see that the company can continue as a viable concern," according to their accountants.
That's for Mega. Obviously, if wasn't Pulse, why would they endanger it by threatening to shut it down if they didn't raise money?
Dumb thing to do for your most valuable outlet.
T
The Truth
Guest
Nick -
Your recent outlook on Pulse 87 and Mega Media as a whole shows you know NOTHING about the stock market. Yes investing some money into a business or product that fits your hobby is a common thing to do. Heck I did it with WWF back when they first went public. But parading around like we are all (and when I say we I speak for the general public) are missing out on such a sure bet for a (not even) PENNY stock it makes you seems uneducated in the stock market. I welcome you to research the symbol on Yahoo's Finance Page. They supply any trader with Mega Media's Press Releases. Please let me know what you find, How much money they are losing or owe, and how bright their upswing may be.
Guys we all know a penny stock with the right company seems sexy..but there are HUNDREDS of penny stocks out there with a brighter future. Most brokers wont even let you buy this stock.
Your recent outlook on Pulse 87 and Mega Media as a whole shows you know NOTHING about the stock market. Yes investing some money into a business or product that fits your hobby is a common thing to do. Heck I did it with WWF back when they first went public. But parading around like we are all (and when I say we I speak for the general public) are missing out on such a sure bet for a (not even) PENNY stock it makes you seems uneducated in the stock market. I welcome you to research the symbol on Yahoo's Finance Page. They supply any trader with Mega Media's Press Releases. Please let me know what you find, How much money they are losing or owe, and how bright their upswing may be.
Guys we all know a penny stock with the right company seems sexy..but there are HUNDREDS of penny stocks out there with a brighter future. Most brokers wont even let you buy this stock.
T
The Truth
Guest
id rather play cards than the stock market
Yeah, I am thinking about spending my $87.70 at the blackjack table instead of in MMDAThe Truth said:id rather play cards than the stock market
Nick -
It's NOT .85 a share. (Mega wishes!)
It's $ .0085. Almost 3/4 of a cent per share. Down another 14% today. Give it tomorrow and Friday, and this dawg will be worth half a cent per share. Buy the end of next week ... the stock could be down to $.0000. That means, there's no gas in the tank.
It's NOT .85 a share. (Mega wishes!)
It's $ .0085. Almost 3/4 of a cent per share. Down another 14% today. Give it tomorrow and Friday, and this dawg will be worth half a cent per share. Buy the end of next week ... the stock could be down to $.0000. That means, there's no gas in the tank.
oaktree said:That's why "85ths of a cent" is ... .0085.
Today, it's even worse ... at .0061. It was down to .0045 or, less than a "half cent" today. Sad. Down 24% today. How do you lose 24% of nothing in this economy?
Ask Bernie Madoff.
Amazing! It makes Citadel's 3 cent stock look good by comparison.oaktree said:That's why "85ths of a cent" is ... .0085.
Today, it's even worse ... at .0061. It was down to .0045 or, less than a "half cent" today. Sad. Down 24% today. How do you lose 24% of nothing in this economy?
T
The Truth
Guest
can anyone explain to me an in educated manor how this company/stock is still able to operate?
The Dow was up today and is currently over 9000, the highest since January. On the flip side, Mega Media is down 28%, at .61 cents per share. I have now lost on all my MMDA investments, I invested last year at the price of .8 of a cent and I also bought at 1 cent a share. If it goes down even more, well, I'll consider this an important lesson that I should not invest just out of pure emotion. I'm not going to sink any more money into Mega Media. At least at my young age, the loss is not in the thousands, but as of today, my loss is around $100.
But "I got a feeling" that it will go back up to 2 cents, at which point I will sell most of my shares.
But "I got a feeling" that it will go back up to 2 cents, at which point I will sell most of my shares.
T
The Truth
Guest
if you are only losing $100 consider yourself lucky...there were alot of high rolling pulse heads that dumped ALOT of money into this stock...thousands...
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