Microelectronics Technology Co. (fka MELY)

[EnixStorm]

MELY It's called a retracement. Happens all the time. When those of us loaded up on the conversion note dump in the 6s decide that we would like to get rid of our 10mil bags, we do so half on the uptake, and sometimes half on the way back down :) MELY had no real awareness hence why it broke right through the .001s and into the 6s and 7s. Good for me, not so much for the people who don't screen stocks :/

Simple retracement before consolidation. MELY's float is small :)

Can't wait to hear the conspiracy theories though to push this down as far as possible! I'll be waiting for the next bounce down that way :)