I don’t care what John Mcafee plans to do at MGT, or what value his name offers to the enterprise. I’ve seen this story play out dozens of times and the end result is always the same.
Shares of MGT are higher by thousands of percentile since the crazed jungle man took over.
Does that look normal to you?
ASSURED CATASTROPHE AWAITS THOSE WHO ARE BUYING UP HERE.
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the ibc logo should be changed to a “stay off my lawn” sign
what happened to The Fly from Brooklyn
I grew up.
Looking forward to the first release of children’s books that John Mcafee and John Daly are co-authoring.
Well, one thing you can say about John Mcafee , he sure is crazy enough to be entertaining.
I must admit you were right about him bs’ing about being able to take the iphone apart for the FBI. I had mistakenly guessed that he was being both competent and crazy, in that instance. But it turned out that he was just being crazy and that’s all.
Time will tell about MGT, whether he is now being competent, or crazy, or both.
That was to Fly. Fly was right about him before with the iphone.
Anyone notice how the market shit the shower right when the headline came out about the senate bill in regards to 9/11?
http://thehill.com/blogs/floor-action/senate/280179-senate-passes-bill-allowing-9-11-victims-to-sue-saudi-arabia
The government should release the 28 pages that some people think this bill is based on.
From the article cited by syntex
“Look, if the Saudis did not participate in this terrorism, they have nothing to fear about going to court,” Schumer said. “If they did, they should be held accountable.”
Ridiculous. Congress should not pass the bill unless they think the Saudis are at fault. And if they think that, they should clearly say so and cite the evidence. Would they pass a bill saying France or Belgium could be sued for this because “if they did not participate in this terrorism, they have nothing to fear about going to court.”?
Our Congress is composed of morons.
The MM’s must love this guy. They run it up to $4-5 short 10-20 million shares. Crash it to sub $1. Bingo, cool $80 mil for a week’s work.
I was literally just looking at this last night. The yahoo message board has some dude patting himself on the back for buying this at $0.45 and holding unitl $3.15 (unclear whether he sold aftet that). Meanwhile the insiders were sellign in december for $0.25
“Hey, I’ll trade you a share of this.great company I help run for a piece of gum?”
“No, thanks, this is good gum. How about for this paper bag the store gave me?”
“Deal!”
Plus did anyone notice that they gave McAfee 23.8M shares? When the shares outstanding is 18.2M and float is 12.4M?
McAffee just wanted the ticker symbol MGT. Now the company is worth $82M (up from $5M last week) and nobody really knows one hard financial number about it. Talk about pump-and-dump and man-crushes…
Took 30% from it today.
Buying last week after the McAffe news was announced was a smart *trade*.
Buying yesterday was a risky trade, because the news was old.
Buying today is a desperate/low-bank-roll/lottory ticket move.
Not sure if it would have been a “smart” trade since this guy is certifiably crazy.
And I don’t feel 1 bit sorry fot the fools you guys sold to.
Some lessons are only learned through “experience”
Also, congrats
thanks. it could’ve easily been a bad trade. got in near market open and moved the stop up like 6 times.
Got in yesterday and just sold for 50+%. Crazy stuff.