MEI Pharma, Inc. (MEIP): >"Almost like the big players took th...

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Re: PennyMoocher69 post# 435

Monday, 03/02/2015 4:13:26 PM

Monday, March 02, 2015 4:13:26 PM

>"Almost like the big players took their profits on Friday and bailed out becuase bad news was leaked"

The trading volume on Friday wasn't sufficient to allow more than some very minor profit taking by just a few funds.... Same today....

I think the stock was pumped&dumped by the Scott Matusow group on Thur-Fri and today the market makers just walked it down to where it was trading before the pump.

That was a 16% "correction" from Fri a.m. high to today's low, so i think it's time for it to rise back up.

JMO, but i think the big funds that got into this one presumably around $4 don't just want to sell it off for around 40-60% gain, but want at least a double or triple.

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Recent MEIP News

Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/19/2024 09:20:19 PM
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