Thursday, January 03, 2008 3:33:57 PM
Hmmm...no idea unless they're just going for that "Christmasy" look. 
But more seriously, I'm out of MNTA for now but keeping a close eye on it, may jump back in at some point. I think you're being a bit generous characterizing the last five trading days, including today, as a holding pattern. No news, so it's got to be just good old Investor Psychology 101. A significant amount of people, like me, are or have been in it purely as a technical play: under 5 was too good not to buy, perhaps even under 6. 7.75 on Dec. 26 was too good not to sell. That got the snowball rolling downhill, and it's growing.
I can't believe that the floor's not 5 or so. If it went that low again, I'm back in with both feet. Just my one cent's worth.
But more seriously, I'm out of MNTA for now but keeping a close eye on it, may jump back in at some point. I think you're being a bit generous characterizing the last five trading days, including today, as a holding pattern. No news, so it's got to be just good old Investor Psychology 101. A significant amount of people, like me, are or have been in it purely as a technical play: under 5 was too good not to buy, perhaps even under 6. 7.75 on Dec. 26 was too good not to sell. That got the snowball rolling downhill, and it's growing.
I can't believe that the floor's not 5 or so. If it went that low again, I'm back in with both feet. Just my one cent's worth.
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