Authorities? For what? They have timely filings with the SEC, and are executing brilliantly on their business plan. There have been and will continue to be some fantastic companies that started out as penny stocks.
that's what keeps me in, they followed trough with plans flawlessly. not a miss so far and not a problem. maybe there's somethin' really promisin' with this company afterall.
Million share volume and you think no one knows about it? I'm surprised it hasn't hit Cramer's Mad Money yet. Do you think there is some kind of law against buying and selling stock in any amount you want? Anyone can go to a low volume issue and build up a kitty of stock and then pull the trigger all at once just to see what happens. Or vice versa. Nothing illegal there, nor is whatever price support is going on. In fact, the real question is how come this thing hasn't had the first wild swing up yet? Maybe it's not price support at all, maybe it's price suppression. What's illegal is a boiler room full of people touting a stock to no end when that stock has zippy, except for the hype. So, two things about Manchester: 1. I have yet to see any hard line"going to the moon guaranteed" hype; 2. Look at the facts of what has happened so far: A. They own six car lots and all the past receivables. Used car lots sell cars everyday, this means Manchester has cars "over the curb," and "burning gas," as they say... i.e they have sales already; B. They have a large credit line; C. They have been filing everything timely and are fully SEC compliant as if it was on the Naz; D. They have some decent and knowledgeable personnel; E. So far, they have not failed to do what they said they would do per their business plan. F. Todays news shows that they are serious about investment community relations with their choice of Shareholder.com which is wholly owned by NASDAQ. Some of Sharelhoder.com's clients include: ABN Amro, Circuit City, FedEx, Johnson & Johnson, Kellogg's, Legal and General, Microsoft, The Royal bank of Scotland, UPS, and Yahoo!
this stock now has the potential to go up parabolically. I didnt think I'd ever see a stock do that in the post-dotcom bust era. fyi, I have no position in this stock. I'm going to sit this one out though. I first saw this when it was barely under $5. ugh... Good luck to all who are long in this.
Intentional? No, but thoughtless? Has to be. Why would you need to put up a huge chart? Here's what the viewer sees on an 1024 x 768 monitor:
Here's a work around if large graphics skew your ET browser page. Go to "Your Account " ->"Edit Options" Bottom of page, change "Default Posts per Thread:" to a number that will leave the post with the graphic out. You can choose 1, 5, 10, 20, 30 or 40.
I have been long since $5.20 Holding on to tens of thousands of shares. I was growing impatient a month ago regarding the credit line and the aqusitions of car lots but now it seems all those issues are settled. Anyway, a boring day but a good day. Some distribution but a good day. Not much more to say about this for now. MNCS is Manchester Inc.