Mike The Pike Productions Inc (MIKP)

[SPM555]

Nothing new has been announced, but there's enough out there in the conference calls and if you do the DD to get people excited. I think this room kind of went into shock after the split caught everyone off guard, and it tainted the room's perspective. If you ask me and my DD buddy, we both believe strongly that this was a buy the news selloff event. Time will tell but I do expect things to further get thinner and then the big move will come after .001 (or .05 post split) is convincingly taken out. Don't necessarily expect it to be one clean event either, the volatility could spike and it may need time to base in the upper trips and lower .001s before it's really ready. I honestly don't think the recent uptick is anything more than the market slowly catching on and reversing it's course. The bigger moves come when there's more conviction but the prebreakout action is just as important in the big picture.