The Uptrend is in place and Mona looks to be headed for its 200 day moving avg. which is .08. This is the next very big resistance level.
The stock is showing incredible strength and yesterday absorbed alot of the selling from profit takers.
Its very important to note that Vert is well known for Shorting and IMO shorted a ton yesterday.
50 million Buyback is in place and a well drawn up plan from both Mona and Garr Winters should help tremendously to get this stock to true value.
Garr Winters seems very confident in the .20 target which IMO should come close to achieving in the next 3-4 weeks
All in all the Charts look Awesome and Mona will be both Up and down as the Market Makers will try to shake as many weak longs so they can accumulate as much as possible for themselves.
All about patience and believing in Mona's Assets and Garr Winters target.
If they both come true 20 bagger is on the table.
Noone ever said anything will be easy and the MMs will work this stock extremely hard trying to create doubt.
This is what they do and that is the way of the stock market.
Gonna be a great few weeks IMO
If you cant run with the Bigdogs stay on the Porch