Wednesday, November 05, 2014 5:48:34 AM
What is relevant is the remaining warrants at .80 that can not be bought yet, until the shares trade at $1.50 (IIRC?) (or higher?) for a week or more.
What is relevant is that MVTG has a solid history of only issuing new shares at higher rising prices versus lower prices since 2011, which is almost unheard of in this crazy stock market.
MVTG $ trade volume this year is nearly 10,000 times what it was the last 7 years (look at the monthly volume bars on the charts) and it is still very low, which is a sign of very low and tight float and share structure. Those conditions are usually not favorable to day trader flipping, but are favorable to weekly buying, and accumulating long term investment in a real company like MVTG.
Shorts and flippers are likely to their arse trying to play MVTG.
On the other hand, my daily and weekly buying of MVTG shares since 2009 has my MVTG investment at a point where I can see retirement on shares of just MVTG that I hold allowing me to retire some day for the first time in my life. My plan, to avoid heavy taxes is to slowly sell a few of my MVTG shares at $5/share (or more) over the next 20 years, once I do retire in 5-10 years.
Ambition with out knowledge is like ship in dry dock, going nowhere FAST!
Please Check out my Favorites DD page here:
http://investorshub.advfn.com/Ecomikes-Favorite-stock-picks-and-Stock-DD-topics-26971/
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