MTEX ==> The Columbus Day Winner

[ringo69]

bought some

I think this one will hit its target fast.

Mannatech Class Action Suit

Mannatech Class Action Suit

http://www.rickross.com/reference/mannatech/mannatech17.pdf

Consolidated Class Action Complaint for Securities Fraud

• “significant knowledge regarding Mannatech employees making improper health claims and Mannatech-sponsored conventions, as well as Defendants’ knowledge of this illegal marketing and refusal to do anything to stop it.” (p. 30)
• “knowledge concerning, among other things, Mannatech’s foreign regulatory problems, defendant Caster’s “special” treatment of high-ranking associates who were allowed to violate the rules and make illegal health claims about Mannatech products, as well of video copies of health ‘testimonials’ that were kept on Mannatech’s website behind a ‘firewall’ specifically to avoid regulatory scrutiny.” (p. 35)
• “Caster was ‘very, very involved on the associate side’ of Mannatech’s business and that Caster knew what was happening among associates (i.e., illegal marketing). This confidential witness recalled that it was ‘very hard for Sam [Caster] to say no’ to high level associates and that Caster ‘doesn’t like conflict.’” (p. 56)
• “Dr. H. Reginald McDaniel, a former Mannatech ‘Medical Director’…sent out e-mails daily ‘prescribing’ various Mannatech products in various quantities to supposedly cure cancer and other diseases. This confidential witness recalled that Caster ‘absolutely, without question, had knowledge of what he [McDaniel] was doing.’ McDaniel even had a ‘recipe book’ for what amounts of products people should take for various diseases. She/he stated that the FDA was developing a file on McDaniel, which eventually prompted Caster to agree to move McDaniel to MannaRelief.” (p. 90)

[peanuts]

Mtex

I look forward to congratulating you, Mr. Market

[jiesen]

Jason..where is my Yahoo spam post on the MTEX board? You are slumping!

ah, oh yeah... will do. too bad I missed buying this sucker, too. foreign time zones can be a bitch!

[mrmarket]

Jason..where is my Yahoo spam post on the MTEX board? You are slumping!

[Websman]

Excellent entry on MTEX Your Hugeness!!! The Vulcans believe that you will see a quick profit with this stock...

...Attention - all VTP inner circle members...

Please bring all offerings of meats and cheeses to tonights meeting as tonight is the night that we will light the holy candles and worship at the feet of our huge Mr Market statue. Our offerings will ensure that Mr Market achieves a speedy profit on his MTEX trade.

"The Vulcan prayer"

Oh Mr Market... The Vulcans are humbled to be in your presence. We are gathered here tonight to honor your hugeness, your 19" biceps, and your chick magnet qualities...even though we are not chicks. The Vulcans would like to express our gratitude for revealing your huge picks to us. We feel honored and blessed.
The Vulcans are also forever thankful for your recognition of us in the post you directed towards us on December 12, 2005. We consider this day sacred...oooohmmmmmmmmmmmmmmmmmmm December 12 ooohmmmmmm We feel blessed that you are aware of who we are...We feel at one with you, oh Great One.
The Vulcans would like to close this prayer with an offering of meats and cheeses. Al members shall now lay their offerings upon your feet. Your are Huge... Your are Great... You are........ the one and only...... Mr. Market...
Oooooohhhhhhhhhmmmmmmmmmm....ohhhhhhmmmmmmmmmmmmmm ......

Oh last thing, I always enjoy reading your write ups as they give me more insight into FA.

MM, if this rascal has a few more days like today you might hit your target in record time....

[spikefader]

Spike,

Could you explain what the 'c' part is? All I know is the 1,2,3...

And where would you put a stop on this one - below yesterdays candle? TIA.

Sure lemon.

Here's the basic pattern of 12345abc.



And here's the intraday count for MTEX. The blue 'c' came in about 1.3% cheaper than the high of the 5th. And the black 'c' is 3.3% cheaper than the high of the 5th. So there is a worthwhile TA lesson in today's price action; i.e. go for the discount at 'c' rather than buying into the emotion of a 5th (fear of missing the move or exhuburence that it's headed to the moon). Might just make the difference to the old risk reward ratio.

[mrmarket]

Seems like the server crapped today...oh well. Better for the people who come visit!

[alice4321us]

No Email

I didn't get an email either. I am on East Coast in Albany, NY.

[nwinvestor]

I didn't get the email on the west coast.

[lemonjello]

Spike,

Could you explain what the 'c' part is? All I know is the 1,2,3...

And where would you put a stop on this one - below yesterdays candle? TIA.

And for any TA lovers out there, here's the current intraday thought:

[spikefader]

And for any TA lovers out there, here's the current intraday thought:

[spikefader]

Got it at 12:11 P.M. Eastern

me too; email arrived 12.10 eastern.