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Re: Somethingtoprove post# 426

Wednesday, 06/02/2010 1:31:09 PM

Wednesday, June 02, 2010 1:31:09 PM

Post# of 1395
Actually a few thousand could do wonders for their website. But what they need are results and good headlines. Most mining stocks recently got crushed and MMG was not spared. However, the selling pressure has subsided and it seems to have support at .60 as of now. But it needs more buyers. Roughly 7 or 8 institutions bought sometime this year. Sprott, Bank of America, and UBS to list a few. They didn't buy much, but bought nonetheless. By the way, there are only 55 million shares outstanding and that is not why the stock recently got crushed. I'm a buyer, but with a stop price of .59
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