Micro Imaging Technology Inc (MMTC)

[Top Penny]

Honestly I think covering your initial investment is never a bad idea especially if one wants to be conservative/safe. As far as target price is concerned.....I never try to guess. All I know is there is DEF a big need for the MIT1000a. As far as competitive edge is concerned we have that hands down. If I tried to predict what the PPS is going to be six months from now I would be full of nothing but hot air. I can say in my opinion the PPS will be much much higher than it is right now lol. Stocks of course always have resistance/support levels and never just go up up up without pulling back for some air. In my opinion you cant go wrong with this. I just get upset when people equate inexperience at trading with lack of intelligence. Trading takes time I dont care what anyone says. If it were just a walk in the park everybody with brains would be rich....and we all know thats not the case. Persistence, experience and self educating yourself is what is required to become a good trader in my opinion. After all the DD junebug I really feel the right news will send this flying. News with just the mention of one big company in the food industry having orders placed and we will both be very happy imo. I really get a good vibe from this brennan guy. I like how he came forth with the interview trying to boost shareholder confidence. If you noticed he kept saying when stating facts....and that can be verified...and that is documented. Im not scared of dilution anytime soon as now would make no sense sub penny. IMO I think the 2,000,000 from epic will be enough to get certs start production. I think then brennan will announce completion of certs.. production started and hopefully throw in a name of a potential buyer in the food industry ( I think he will). I think that will be the news to sell on as that is going to send the pps screaming in my opinion. I expect a pullback after that. Then again news like that will bring alot of new eyes/new money to the stock imo. I think we need to hear the next couple of prs in my opinion to develop a "trading strategy". I really do feel in my opinion 2012 second quarter we will see people lining up to buy the mit1000a. Stocks are valued on future earnings/revenue. Right now this is totally speculative and imo the pps is a complete steal. Back to dilution I think once news on certs,production and a big name in the food industry is put out.....imo that could send the pps to oh idk much higher....put it this way i could see .50 maybe more. Then I think brennan will issue more shares as they will need money for further production orders expansion etc. On a final note Im pumped about this stock and after much dd have no fear of the legitimacy of the company or the mit1000a being obsolete cardboard play doh whatever. I really feel we are on to something big here and next year imo we will see a MASSIVE INCREASE IN PPS AND MANY MORE EYES/DEEP POCKETS COMING INTO THIS STOCK. ALL IN MY OPINION.