mPhase Technologies Inc (XDSL)

[CDG3]

Still holding up on support. It looks to me like VC funding has been significant over the last 3 or 4 months and most shares are between .0006 and .001. Recent upside volume has been decent, but doesn't indicate to me that the funders have gotten their shares back out. These VC's don't typically settle for modest standard returns. Therefore, I believe there's another wave or two to come, but as always, I could be wrong.