Thursday, December 08, 2011 11:05:39 PM
I mentioned that I thought MMTC was forming a channel (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69582448) and so far we are holding the lower channel line as you see in today's updated chart below.
My guess is that we chop along the lower channel line until we hear something from management, which could be something as mundane as reaffirming their 2012 goals etc.
If you're not in yet this is a pretty decent entry point and you have a pretty well defined technical stop out to mitigate downside.
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