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Thursday, July 31, 2014 9:44:58 AM
growing sales and profits
a great new president hired to run the company
an exciting new product or service is introduced
more exciting new products or services are expected
the company lands a big new contract
a great review of a new product in the press or on TV
the company is going to split its stock
scientists discover the product is good for something else
some famous investor is buying shares
lots of people are buying shares
an analyst upgrades the company, changing her recommendation from, for instance, "buy" to "strong buy"
other stocks in the same industry go up
a competitor's factory burns down
the company wins a lawsuit
more people are buying the product or service
the company expands globally and starts selling in other countries
the industry is "hot" -- people expect big things for good reasons
the industry is "hot" -- people don't understand much about it, but they're buying anyway
the company is bought by another company
the company might be bought by another company
the company is going to spin-off part of itself as a new company
rumors
for no reason at all
MCIG = GREEN Conservatively mcig has 10 out of the 23. 44%
So why are we still stuck in the 40s and sinking with 1,100% increase in revenue? Falling below 50 day MA. Good thing it wasn't a 2,000% increase.
Sound rational logic, no excuses please.
![wink](/images/emoticon03.gif)
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