Micro Imaging Technology Inc (MMTC)

[Dreamchaser]

The game was easy to see. Market makers managed to knock a few shares loose in order resell them for 50 cents. These are the kind of trades witnessed when having a very wide spread. I said it would go this way. The spread did tighten yesterday to tempt sellers, but there were none. Once market makers realize no one will sell, they will have to raise the price to create trading. We just have to wait for it. On the other hand, if there were a lot of sellers at 45 cents yesterday, market makers could have raised the price at that point. They just want to make money, and unless they can, it gives to reason why MMTC has held such resistance.