Ultrack Systems Inc (MJLB)

[MattyBS]

AGREED. I would not be chasing price on the ask as some advise.

SP/volume is the DNA marker for for imminent good news, which we have not seen yet. While things are starting to turn technically (chart-wise) in MJLBs favor, I would put decent probability on still being able to purchase again in the high 5s, low 6s.

Remember cryptic CEO tweets do nothing for foundational Shareholder value. So until we see this foundational improvement (ELD, 8K disclosing material contracts and top-line growth impacts) the SP will continue to frustrate in the near term. So patient buying will have a long-term compound reward.

I don't think FOMO posts about imminent ELD certification and wild speculation on Twatt posts about contracts with big Auto makers are helpful, they will just frustrate someone new that could be converted in to a long term shareholder when those things don't materialize tomorrow.

I would have regretted buying on Thursday, today...

There will still be time to buy high 5s, low 6s this week.