$MGT PR coming today boys, you know what that means. Get in before 4.
>>1378796
It's shit, expect epic amounts of share dilution
I picked up a few shares as I had some money to kick around. This is the only investment I have made based on information gleaned from the internet AND /biz/.
Holding this till August / it doubles, which ever comes first.
>>1378796
source?
OPTIONS OPENED UP. GET IN THERE BOYS. USE THAT LEVERAGE.
>>1379540
http://ir.stockpr.com/mgtci/all-sec-filings#document-23015-0001493152-16-011446
>18M shares outstanding, planning to issue another 43M
Just sold my shares yesterday on the news bros
>>1380082
I'm just a simple channer tending to my meme stocks
What does this mean? The stocks were diluted and they are going to dilute even more now? It looks like it just finished dropping and is stabilizing around 350-360. I feel like we are going to bounce now for a day for a nice trade. At the very least it can be held long until August 24 when they do that shit where the announce McAfee is the new face of mgt or something right?I'm just trying to trade and not invest but I got stuck during the dips and I'm in at 3.80. I want to avg down so bad because it still oozes hype juice and goes up by 5% at every open so far before dipping like 8%+
>>1380092
Reports are that McAfee is paid in stock options worth 700k+ monthly in today's price, which is absurd for some small 70M market cap company. Combine that with humongous amounts of share dilution, it just feels like they are trolling shareholders out of their money.
TLDR market cap will definitely go up, stock value will go to shit. Prepare for the MGT-goxing
