InvestorsHub Logo
Followers 4
Posts 463
Boards Moderated 0
Alias Born 06/30/2009

Re: None

Thursday, 07/16/2009 12:20:05 PM

Thursday, July 16, 2009 12:20:05 PM

Post# of 7027
This is the stock to be in. There was lots of flipping potential as it taps a little resistance in the .002's, but the PPS should continue to rally for days.

This company had very little exposure and attention judging by the volume for months. It has a low float and is considerably undervalued by reflection of its market cap.

The news that they are consolidating and have cut their costs significantly has highlighted their increasing profitability to the extent where MVBY is beginning to get noticed again by traders. The momo flipping is going to drift upwards as demand rockets.

At this point, people who were in yesterday on the news need to recognize that they were in early, and the reason it is going up now is simply because it takes a long time for news to filter on an unnoticed stock. Attention + the return of the bulls could run this up over a penny with little effort. We've all seen it before, and the low float and high volatility screams huge run.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.