2.8 million at .0013 is only $3600 so it is not much of a wall. If MPIX trades in the 1 cent plus range, we are going to see a lot of "walls" between the present price and the 1 cent plus range.
There are a number of us whose average cost per share is close to .0005. I went back to look at my average share cost (purchased shares in several different accounts)and my average cost was less than I thought - .0007. Although I plan to wait for a much higher price, I am sure some have more than doubled their initial investment. Some will feather out their sells all the way up to .01. They were burned by the last management and are glad to be profitable so they are selling but may hold on to a few shares to see how high it goes.
With that said,if news is truly coming, a few hundred million shares traded will go a long way to put MPIX shares in new buyer's hands and at that point, the news can begin pushing the share price to .01 and higher. Been trading pennies since the 70s and volume will always tell you a lot. Then you have to decide when and what price to get out.
I was hoping that we would see 100 million share traded today and the closing price close to .0016 as this would have been a good indication news will be coming out next week.
