Thursday, October 05, 2017 10:27:29 AM
I can't call the pricee action on this news, but will say it likely established a floor at 16. I still think it would be good for mcig to fill the gaps in the 17s before running, and if MMs are smart, they'll try to do it before a done deal on the land is made.
A done deal is what longs need, and nothing short of that to break this out of the long term down trend. If they follow through, I'll consider a long position vs a flip.
With all sincerity, good luck to longs.
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