Mexus Gold US (MXSG)

[JTrox]

Anyone see what I see??? Honestly curious...

I admit that I know little about level 2 and trading, but I have been watching and studying the action for about 9 months now on MXSG. It appears that the way this is trading has recently changed (as of a couple days ago when VNDM backed off for the first time - after selling aggressively after the Sept 11th PR).

The big seller(s) has been a lot less aggressive and VNDM has not taken control of the ask daily like in the past 9 months. This is the first green Wed I can remember even with low volume (usually a good day to scalp some low shares - I had my catchers mitt out today, but no dice)... Seems like any buying pressure will cause this to start trending up. Especially if VNDM backs off when hit, which has happened a few times the last few days.

It will be interesting to see what Thursday/Friday brings... wouldn't be surprised to see us punch into the .05s tomorrow and close Friday near .06... For the first time in a while a good PR may be followed by sustain gains... But, WDIK...

Best to PT, MarMar, and all MXSG longs