Microelectronics Technology Co. (fka MELY)

[360spyder1]

MELY.... I'll address it for you..... "Members of the bitcoin community are pointing fingers at the e-commerce giant's IPO, suggesting that tech-minded China-centric money is being pulled out of the currency in order to get into Alibaba's first day of trading".

http://finance.yahoo.com/news/bitcoin-tanks-alibaba-blame-152132863.html

Since ALL Retail $BABA Investors are making no money whatsoever on their investment, they will pile back into BTC. Bitcoin chart looks as though it put in a double bottom @ $400ish level....

All $BABA Retail investors were looking for a $68-$75 pps & a quick flip... but when it gapped open to $93.50.... only investment groups (Allocated w/ shares, prior to IPO) & insiders, made any $ today....