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MRIB is ready for a major run. The chart is finally reset, Effective volume is on the rise. Major retailers announcement could come as early as tomorrow.
MRIB
Possible massive hammer candle will form with huge volume. Could become a reversal. Of course, all IMO but I seen it before...
Yes it is! The company has everything in place to become very successful.
- They already sold out multiple times within the past couple weeks
- the product will be in the shelves of major retailers (COSTCO, Whole Foods, Ralph's, Bristol Farms)
- They have three major international contracts already inked. (Brazil, Mexico, Dominican Republic)
- profit margins per bottle are over 49%
- they got Dan Santers
Read the rest of the DD. there is tons.
This company is pretty undervalued as it is...
Cheers and good luck.
The behavior is very similar to December 21st. It's total manipulation of the PPS. This is the last one that has been waiting to start its run. It just filled the gap and RSI is pretty much reset. Lets see if it pans out
Watch the bounce. Bottom is in. VFIN is retracting.
I'm about to jump in as well. Gap is filled and look at the chart December 21st. Massive dump set the trend for a massive run.
There is a gap that shorts been itching to fill. Watch the bounce once its filled.
MRIB closed with a strong hammer and huge volume. Prime for break out
MRIB chart closed with a strong hammer and high volume. Looks prime for a break out
No, it's not filled. However, partial gaps are not as determinant as full gaps. It might or it might not get filled.
Got it, it's a partial gap up. Full Gap ups are more determinant to get filled. In this case today's opening was not higher than yesterday's high of the day.
Today it dropped all the way to 3.92 and yesterday's high reached the bid at 3.94 . Where is the gap?
There is no gap. It got covered within 5 minutes of today's opening
Everyone put a sell order of $1 or higher for a 60 day period so shorts won't be able to use your shares... And if they are already using them, it will force them to cover sooner if they haven't...
MRIB.
With the right court news, this could jump to $4+ in no time. Lets hope that's the case for tomorrow
It's going to fill the morning gap, then should bounce to HOD
This is going to fill the gap, then should bounce pretty strong.
It's high volume.
I doubt it! If it drops that much, it will be clear manipulation, since a sell off wont happen right before Court day... The right news about discovery within the next couple days, could make this flight back at $4 in no time.
Wow! MRIB is going to be bigger than what we all think! I just spoke with PowerShares Exchange... Apparently they purchased chunks of MRIB shares for one of their small cap fund... They are Long Term holders and they do not short penny stocks...
Weeeeeeeeeee
Cheers MRIB Longs
I agree with you 110%! He is the most fearful lawyer by the government!
This is our man!
http://en.m.wikipedia.org/wiki/Theodore_Olson
I agree! Great day for sure! Tomorrow seems to be another strong day! Possible distribution news! :)
Down to 1 post a day :/
Lol!
Cheers Longs
MRIB
No worries B.R, you are a good man. Nothing personal. I appreciate your opinion, just make sure next time is based with facts so the rest of the board doesn't get on you... Lol. Good luck bro
Uhhhmmm... Actually, you are wrong. They are not done and they won't be. The courts will decide and most likely, the government is going to lose some of the lawsuits if they decide to fight them.
In the mean tIme, the bears have taken over, that's it! It's pure manipulation by hedgies running algos. You can totally see the game the MMs are playing on level 2.
its a Similar Story of what happened back in May last Year, the difference is that now the lawsuits are more concrete and the chances for the government to win are pretty slim.
I agree in the fact that if no serious court news happen within the next few weeks, this could drop at most to $2, i dont see it below that, but if it does, that would be a gift for anyone to buy... Same thing happened when this reached $1 after the last run in May, everyone freaked out, bashers said FNMA and FMCC were done, etc. it didn't happen and it won't happen. If you are shorting FNMA and FMCC, good for you, you probably will make some $$ in the next few weeks, but hopefully you won't get surprised by extraordinary news... Such as a possible release from conservatorship, uplifting, a government agreement with the court, etc. it will gap up $$s a time...
Good luck!
IHUB doesn't run this stock.
I agree! It's dumb to sell at this level knowing that distribution news are about to be dropped! This will make the PPS explode! Bottles could be on the shelves of CA retailers as of Today. So, with that said, watch out for the set of PRs that will be unleashed in the next few days... Great Place for accumulation IMO.
MRIB
The weekly chart looks amazing! The past three days has been consolidation. The RSI needed to cool off on the daily chart, but next week once we start getting information about the distributors, this should run to a much higher PPS.
During the trading when it was hitting $4.15, there is no volume line that hit over 1,000,000 shares or above at once... There were two over 13,000,000... So, I am speculating but they could be T Trades. Unless there is something wrong with E trade Pro.
I'm very aware there is no after hour trading in OTC! However, T Trades can occur, just like pre market trades from Premium brokers, so there is a possibility to see them.
So weird, does anyone see the late afternoon T trades or is there something wrong with my market depth ? For some reason I don't see them here at IHUb but I had my Etrade pro market depth opened and it shows 2 purchase trades for $4.15 at 16:12:49 and another one at 16:39:59 for 13,549,560 shares each... What tha hell? Does anyone knows anything about this or is my Etrade pro going nutts?
Lol! That was awesome! Next week could be prime explosion! Chart looks great!
Agree! Today I accumulated more cheapies! Not a bad consolidation day! Next week product could be in the shelves of CA retailers!
WEEEEEEEE!
Uhhmm. You are close but I am actually going to disagree with you on this one. It didn't touch the ma200, almost did and that is very bullish! Monday this could test it and break hard up north. RSI is prime, pointing up, with lots of room! There has been a lot of accumulation in the past week...
We get some good news, and you know where this is going...
Awesome! Thanks for sharing!
Haha! Nice close! Next week should be fireworks all around!
I added a in the 3 range
Awesome video!
Congrats Longs! Party is about to get started!
Cheers MRIB
Absolutely! Those that held tight and accumulated, are definitely looking pretty good! More exciting times ahead!
I agree! Money TV has been a great tool for Marani to inform investors! Everything they said they were going to do, they are coming through with it!
This gem is about to explode and will be skipping pennies pretty soon!
Cheers longs!
MRIB has rewarded us beautifully!
Are you serious? Did this just happened?
This stock is diluting my bank account! Haha! Way to many catalysts in play! $.1 here they come!