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Re: luckydd post# 21676

Friday, 03/19/2010 9:53:50 PM

Friday, March 19, 2010 9:53:50 PM

Post# of 72136
I do hope you are right about the last time to buy for under .01, but, lets be realistic here. Yes, L2 does show ONE seller at .01, but that means very little based on the fact that we are .0086, that sell order was only placed there as a "why the hell not" in case for some reason MDGC gaps up, which we DONT want by the way (unless its $2.00 +). Do you notice the seller sitting at 55? Yes, that would be $55.00 a share, definitely will not happen, its just another "why the hell not" sell order.

This is IMO of course, but, realistically I can see MDGC opening at .0086 and probably hovering in that area for a while, perhaps even a small pull back. I have not seen the short numbers for today but my guess would be that the MM's have not covered yet and they wont let this run to .01 until they do. Of course if news is released you can throw everything I just said out of the window because flippers will drive the pps up and MM's wont be able to control that much volume.

Yes, MDGC is exciting, but we cant forget this is still a Pink and as with most pinks, MM's have a great deal of control unless there is big volume, usually following news.