The fuck is going on guys?

Methshot
Methshot

The fuck is going on guys?

All urls found in this thread:
http://www.prnewswire.com/news-releases/mgt-capital-agrees-to-acquire-secure-file-sharing-technology-300275418.html
PackManBrainlure
PackManBrainlure

@Methshot
Hahahahahaha

TalkBomber
TalkBomber

Sell now. Forecast to drop as low as $1.86

RumChicken
RumChicken

That's hilarious. Yesterday anons were saying that MGT was going to rise at least 5% today because of a proxy meeting? Well now it looks like dilution is being priced in for the new issuance of shares for their acquisitions.

StonedTime
StonedTime

@Methshot
I bought at 4,20

I want off Mr. Mcafee's Wild Ride I want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild RideI want off Mr. Mcafee's Wild Ride

TechHater
TechHater

@Methshot
They announced major share dilution.

Seriously you guys should know by now this would happen, I think $LINE did the exact same thing ( moon missioned, then announced major share dilution ) back in May. And of course now $LINE is delisted and dead.

Long story short? Sell $MGT for literally anything you can get. It will be literally worthless in about a month.

Harmless_Venom
Harmless_Venom

You pathetic weak non believers, the stock is already up 10% after hours.

The dip was the perfect time to buy more, come august, when his bitcoin farm is operational, the price will rise.

Boy_vs_Girl
Boy_vs_Girl

Relax. 15% is nothing for a penny stock with no revenue.

Buy in now and make your money back quicker and enjoy the long ride towards investment grade Bitcoin exposure.

@TechHater

How many new shares were released?

Soft_member
Soft_member

People saying they got raided or some shit

The dilution shit is supposed to happen next month

SomethingNew
SomethingNew

@Harmless_Venom
That's what im thinking.

Im holding. Let the scaredy cats preach fear.

I got in at 3.45 so im still good. Im also in PTX which is helping my portfolio.

Deadlyinx
Deadlyinx

@Methshot
You combined your lust for speculation with your ignorance of security analysis and lost money.

MPmaster
MPmaster

Not gonna lie, in at 4.34.

Not worried at all. Buying more tomorrow if price still low by 10AM. This stock is fueled by hype, there's more moon missions to come.

Whether the company is ultimately successful is meaningless to a short term trader. It's far from dead.

Evil_kitten
Evil_kitten

@SomethingNew
God I hate you people.
fuck those dummies actually scared of a price drop
oh yeah btw I make a profit basically no matter what :p

hairygrape
hairygrape

@Harmless_Venom
the stock is already up 10% after hours
I need to buy in.
How come Robinhood won't let me?

Burnblaze
Burnblaze

@MPmaster
in at 4.20 (blaze it) gonna hold till aug

Gigastrength
Gigastrength

@PackManBrainlure
tips fedora.jpeg

Evilember
Evilember

@TalkBomber
Ooh I just made a killing shorting I'll hop back on at <$2 for the luls

farquit
farquit

@Burnblaze
Jesus you guys kill me.

Just keep holding, it's not a loss until you sell right?

SomethingNew
SomethingNew

@Harmless_Venom
you're lying aren't you?

Poker_Star
Poker_Star

@TechHater
THEY ANNOUNCED THE DILUTION BACK IN MAY

http://www.prnewswire.com/news-releases/mgt-capital-agrees-to-acquire-secure-file-sharing-technology-300275418.html

Those like me knew this was happening.

I still waited to sell until today, which I sold at $4.12. I could have played it better

The big movers in this stick would already have known. But there are lots of memesters like you and me who may have not known and so they dumped.

TreeEater
TreeEater

Dilution is not a problem at all if the money raised is used properly. MRO almost doubled overnight when they announced a huge dilution to pay down debt.

King_Martha
King_Martha

As long as no neg news, should be fine.

Soft_member
Soft_member

@King_Martha

pic related

w8t4u
w8t4u

@Poker_Star
what price did you buy it???

King_Martha
King_Martha

Megaupload partnership incoming

Demonsaw (File Sharing Client) + Bitcoin acquisitions/mine. Demonsaw will be the main product which is why he is CTO
Eijah out of town for business purposes
Kim Dotcom announcing partnerships in a few weeks with bitcoin feature
Eijah (Demon_Saw) tweeting Kim Dotcom that it's good to be back and faving tweets related to partnership
Kim Dotcom saying the project and code will be completely new and starting from scratch

Gigastrength
Gigastrength

It was a well orchestrated pump and dump.

Got to give the man credit. He suckered all of you in.

Skullbone
Skullbone

@Evilember
I just made a killing shorting
Yeah?
Who's your broker?

Fried_Sushi
Fried_Sushi

trusting McAfee

The guy is a living meme. He doesn't want financial success anymore, this guy gets off on being a degenerate.

Harmless_Venom
Harmless_Venom

@Fried_Sushi
Nice ID

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