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