Micromem Technologies Inc. (MMTIF): starkd745....Yes the RSI is well above 7...

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Micromem Technologies Inc. (MMTIF)

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Re: starkd748 post# 2223

Wednesday, 02/19/2020 10:56:03 AM

Wednesday, February 19, 2020 10:56:03 AM

starkd745....Yes the RSI is well above 70. However over the last year or so millions of shares have been moved from weak hands to very strong hands. Those strong hands have a very good idea of the value of the technology,because of their basic research into the technology of the AROMA units. And they [for most of them] are holding for a home run not a flip.

The technology has several potential uses in several different industries. These uses encompass gains in efficiency, increased productivity, decreased costs of operation and a superb ROI on cost of the units. And they will be used in the HOT NEW Investment area of 5G Industrial Internet of Things. Which as another poster pointed out recently could have PEs as high as 50 early in the 5G cycle. And i think the company will be profitable this year.

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