InvestorsHub Logo
Followers 0
Posts 1005
Boards Moderated 0
Alias Born 03/12/2009

Re: None

Wednesday, 03/24/2010 12:52:35 AM

Wednesday, March 24, 2010 12:52:35 AM

Post# of 35151
BATTLE ROYALE READ,do you think there are shares for sale absolutely not while then where do you think the sales are coming from the sales are not coming from genuine investors I can tell you the sales are only amongst the MMs and they are doing it from their inventory.
Just think for a while with all the good news coming in investors are aware this is a dirt cheap stock at this level should have been past .15 by now and the MMs too are aware of that but see the level II there are no shares available after the ask of .0205 the next level straight is .024 those oldies who have purchased this in the previous run at .07 levels will not sell their shares before the yearend to book such huge loss hence the MMs are not getting the shares and that’s why they are artificially keeping the shares at this level.

Now the management is aware of this and read my last 2 posts I had mentioned it looks the company has taken the battle with the MMs and I had said just 4 days back you can expect a PR in 4 days time and so was it we had a decent PR .These are all the tactics management play to bring investor confidence which brings in buyers to take the stock out of the MMs hands.
But this just beginning now I feel expect another PR possibly by Friday another salvo to take on MMs either we could have a 10Q or the PR possibly for some contract news

Cheers long on MCLN target $1.25


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.