MTI Technology Corp (fka MTICQ)

[tradert]

From what I've seen they sold the European arm of the business as part of the bankruptcy in 2007(U.S. portion is still viable). They have had a bunch of court dates at the beginning of April, but I'm not savvy enough to easily decipher them. Yesterday they had a huge trade of over a million shares go through and it seemed super strange to me. I can only speculate as to why this happened because I can't seem to find anything relating to new news. I don't know if it's accumulation(which it most likely appears)or some kind of cover. The trade went off at the bid and end of day it climbed with more hits at the ask. Interesting to say the least.