MVEN stock drop to 66 cents today loosing 33%

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   jackclee lmposted 4 years ago

   This was after it dropped below $1.00 last week.
   What is going on?
   Is Maven in financial trouble? Or being manipulated?

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      crankaliciousposted 4 years agoin reply to this

      Content provider companies have a notoriously bad track record of providing shareholder value. Unless the company diversifies, I think they're going to have a hard time.

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         jackclee lmposted 4 years agoin reply to this

         Yes you may be right but MVEN is very odd. The trading volume is extremely low. Only a few thousands shares traded on any given day. It also suffers from volitility which can change in value from day to day by a lot. This is a stability issue. I wonder if someone or some group is manipulating this stock value. The company seems to be expanding and adding new mavens by the week. What gives?

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            crankaliciousposted 4 years agoin reply to this

            Small trading volume would indicate there aren't a lot of shares out. Pretty sure it's a small cap anyway. With so few shares available to trade, it's going to have some wild swings.
            
            The problem with expanding for content providers is that it simply doesn't increase shareholder value. It's questionable what their capital value is at any given moment. They exist solely on their ability to generate advertising revenue, but what is the value as a company? They own platforms, but they don't really own the content.

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               jackclee lmposted 4 years agoin reply to this

               It is not clear to me what the value added is for maven. I thought I understood the HubPages model before the merger. They allow hubbers to create content and they insert some ads and the google adsense revenue is shared between the company and the hubbers. Any additional commission due to Amazon sales is just icing on the cake.
               Maven does not seem to have a business model or at least I am not getting it. How does Po.et fit in to this arrangement is another mystery. So far, I have not seen any advantage of block chain...
               Very confusing to say the least.
               MVEN is listed on the OTC market and as I understand it, anything below $1 in value is really treated as a penny stock. These are not safe investments in general and open to manipulation by individuals with pump and dump. I think it is better to play it safe.

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                  Glenn Stokposted 4 years agoin reply to this

                  Jackclee, I actually discussed the topics of your questions in my two articles on Maven. I mentioned blockchain-based Po.et in my first hub, and more, that was talked about at the conference, in my second Maven hub. I also mentioned the additional ad revenue methods from Say Media. It’s not just AdSense anymore.

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                     jackclee lmposted 4 years agoin reply to this

                     Thanks, I will check them out. I have been looking for article on Maven...

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      promisemposted 4 years agoin reply to this

      Never buy individual stock unless you are an expert investor.
      
      Never buy without reading the most recent financial reports.
      
      Maven's first quarter report earlier this year predicted this decline.

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   jansharesposted 4 years ago

   Yikes!

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   Ladymermaidposted 4 years ago

   Perhaps someone is selling shares. That would do it.

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   Glenn Stokposted 4 years ago

   I had a standing order to buy more shares if it ever drops to $1. My order kicked in last week. Now I wish I waited longer. Good buying opportunity now.
   
   As Jackclee said, the volume is very low, so this causes extreme fluctuations when someone just trades 1000 shares. I’m hoping it’s a good long term investment as I spoke about in my article. I could be wrong, but I’m thinking very long term anyway. It’s still a very new company, but what I learned at the Maven Conference last April gives me hope.

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      promisemposted 4 years agoin reply to this

      The volume is low because insiders control the majority of shares.

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         jackclee lmposted 4 years agoin reply to this

         Thanks for the info. It is just the volatility of the price that worry me.

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   psycheskinnerposted 4 years ago

   The entire stock market is down.

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6. 61

   paradigmsearchposted 4 years ago

   As a buyer, never accept the asking price. Always bid below it . Someone will come along and accept it.
   
   As a seller, never accept the bidding price. Always ask above it. Someone will come along and accept it.
   
   Am not kidding. Day trader experience talking here.

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   paradigmsearchposted 4 years ago

   All stocks. Sell in May and go away.

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      jackclee lmposted 4 years agoin reply to this

      Yes I heard of that theory but it does not explain the poor showing of MVEN.

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   Cre8torposted 4 years ago

   If Maven is paying for it's acquisitions of other companies and Mavens with stock then it really makes sense that the price is dropping consistently. I believe they were projecting Q3 as being profitable so that tells me until then they will be spenders with expected earnings...which again makes sense. Starting a company costs more than it earns typically. Once the acquiring slows, the profits will speed up and then the price should correct. My opinion only.

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   Cre8torposted 4 years ago

   Did you guys see today’s announcement? This would explain drop.

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      jackclee lmposted 4 years agoin reply to this

      What news are you referring to? Did I miss something important?

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         Cre8torposted 4 years agoin reply to this

         Yes. See Glenn's link below.

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            jackclee lmposted 4 years agoin reply to this

            Thanks. i did see that. I also commented in another forum. Why did the stock tank last week?

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               jackclee lmposted 4 years agoin reply to this

               These acquisition is not a normal growth for start ups. It is usually for a large mature company to acquire businesses or products that can help their current business.
               It is curious why Maven, not having made a profit, would invest in another company also not making a profit. They aeems to able to secure funding to do so. That is no small feat. Just wondering if these acquisitions will help the synergy...

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      Glenn Stokposted 4 years agoin reply to this

      Yes, I’m following James Heckman's posts so I saw that too. I'm sure the stock will continue to remain volatile throughout the acquisitions.
      
      https://www.themaven.net/the-maven/pres … 53vwqjKEg/

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    Cre8torposted 4 years ago

    Prepare for more before it gets better in my opinion.

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    psycheskinnerposted 4 years ago

    I don't know how many media/online startups you have followed, but I have seen this pattern before.  Start-ups acquire the territory they want and then apply their formula for success.
    
    The general lack of success in this approach, however, is why they are a penny stock and volatile.  With every acquisition they acquire arguably more risk than value.  But starting a business is rarely a purely rational prospect, you have to be aggressive and optimistic.

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