Yeah, there sure was a lot of fishy trading going on. By making lots of wash sales down in the .007s, it makes it appear to some people that there is a lot of dumping going on, which scares them into selling. I think a large of chunk of the trading was just back and forth between MMs. Something really fishy went on with that big >3 million wall I pointed out. It appeared to be some kind of a wash sale.
In the end, eventually people will realize that the string of good news we've been getting from $MINE is exactly that: good news. It's a fast growing company with great products, but it's just getting started. $MINE: buy low, hold, sell for new highs. Patience is king.
At worst, it's maybe a week or two behind what some people maybe were hoping for. They do have product out on both coasts. They do have large distribution deals which cover large population areas on both coasts. Plus the outlook is so good that they decided it made sense to add three more flavors of Vitamin Fizz. Maybe some people were expecting it would be for sale in 100,000 stores right off the bat, but that's just not very realistic. I'm confident it'll be in hundreds of stores, then thousands, then tens of thousands... The more they sell, the more they can expand the business. They have a well thought out plan to grow the business responsibly. Organic growth is what it's all about. Right now it's like they've just planted the seeds, but they spent a lot of time and money perfecting those seeds so that they're practically guaranteed to grow well. My shares of $MINE are my investment in $MINE's future.
Waiting patiently for new highs! Go $MINE!
