Thursday, February 02, 2017 2:56:39 PM
Anyone can write a post claiming this or that, but it's important to have opinions that are actually based on something.
For example, the price action for the last few weeks (if you really study the Level 2 data) isn't what it would look like to uneducated eyes. When a stock is traded as thinly as this one is right now, all it takes is one or two sellers who don't know what they're doing. That is exactly what has happened here. Instead of walking it up, this pair has walked it down. It's annoying but won't matter in the big picture. There is so little volume right now and the big players pre-production have long since claimed their sizable stakes. It's ready to take off on the news that we know is coming. This is small-timer activity right now and it will take very little buying to push MXSG to new 52-week highs. With the pour coming, expect that to happen soon.
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