This issue has to go higher.
The advantage to us on this, is that most of us have bought into MHREF at much higher prices and averaged down to where the break even is almost where we are today.
Market Makers have no choice but to let it go. They need new buyers at this range and they know it. See MM make it on the spread regardless whether news comes out or not.
Even very small purchases have taken it's toll and why the amount of shares on the bid/ask are at best just insignificant for them to allow any real volume at these levels.
My belief is, until more shares are sold the MM's will gradually continue to raise the bid and forced to accommodate the ask accordingly.
They just don't have a choice in the matter. Their in the business to execute trades and make sales on every point, not have it sit.
We are going much higher folks even before the great news we all know that is around the corner and then watch how they will manipulate the folks selling into a run.
They just don't have the momentum right now and it's our game.
But once we get the news we expect, This issue is going to spike higher that very few have witness in the penny-arcade.
I have been in this a long time and had in all my years great runs, but this issue is probably going to be in all my years as one of the best all time greatest plays and there have been a few.
Have a good day
varok
