Manhattan Scientifics Inc (MHTX)

[skipdeez]

Let's dust this one off...

Last 2 days have had higher than average volume and a nice takedown in price. Very oversold at the moment...

http://stockcharts.com/h-sc/ui?s=MHTX&p=D&yr=0&mn=6&dy=0&id=p97433659175

~200mil o/s, not out of control, and the same o/s as last quarter. No dilution that I can see.

http://www.pinksheets.com/quote/filings.jsp?symbol=MHTX

Also of note is that there was a lot of insider buying in May of this year. It appears that about $1,000,000 worth of stock at .06 was purchased by insiders...

Another thing to note is that their director stepped down on 11/13. This seemed to cause the latest decline in price. I think the market overreacted and it will correct itself very shortly.

I am in at .02