Megola Inc (MGON)

[allenh]

Poor Monthly and Weekly close ... again the market may probe lower still to stimulate Demand .03s doable Monday ... however Selling volume appears to be drying up on the Daily level as we see the range narrowing on lighter volume ... the fact that prices backed off the .14 level so quickly tells us the market simply isn't ready to SUSTAIN that price level yet ... it simply needs more TIME ... bargain hunters(like myself) have time to Buy more especially if you're planning on Holding this stock for perhaps a few years or even longer as apparently it has solid fundamentals ...if it all pans out it can ultimately reach the $5.00 level where Institutional Money begins to look at the company more seriously ... Cheers !