MOP Environmental Solutions (MOPN)

[SMTrade]

Just remember that the MOP cannon was banned in open water for the gulf cleanup as far as use for loose absorbents are concerned.

Another thing is that there is a lot of speculation that new MOP sales are forthcoming. Until actual orders come in don't get your hopes up just yet, because competitors on also on the bandwagon with these spills as well.

It will be interesting to hear what the company has to say in the next PR, if that even happens. They might have been keeping quiet because there may just not be anything new to report.

Until they announce that new contracts have been signed, I wouldn't bank on anything here. I averaged down nine times and this thing still has been tanking and I'm out of money. I might just cut my losses now while I still can.
Most pennies that I have seen drop like this end up go into sub-penny level by shorters and day traders and then the next step is to merge or restructured shares with a reverse split to save the company.LOL

All in my opinion