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Re: Mt. Blanc post# 9015

Wednesday, 02/17/2010 8:30:05 AM

Wednesday, February 17, 2010 8:30:05 AM

Post# of 112647
"...the next great ascent"??????

did you look at the chart back when it went to .01? Did you breakdown the volume by buys/sells? Notice that there was a balance between buys and sells, yet the price still went up to .01? Normally in a situation like this, there would be more buys than sells. Someone (or a bunch of people) were selling into the hype as people like poorme and other retail were buying. The smart money made their profit. Notice that it has not gone over .0038 in the past several months? There are many retail "investors" who bought in in the 4s, 5s, 6s, even 7s, and the smart money knows this.

I wonder where all the "considerations" and "agreements to continue the discussions" that were announced 4-5 months ago are now?