Thursday, March 08, 2012 6:05:35 PM
It seems as though I am becoming a bit of an annoyance. That was not my intention. I too can't stand reading negative posts like, "This will be at .0001 in next month." Those types of posts have nothing substantial to offer. I have been watching this stock for years and I just wanted to share some of the observations that I find a bit peculiar. I thought that was what these boards were for.
I have been in many stocks where people slap the ask to keep the momentum moving in a positive direction. However, when those stocks retrace and consolidate, there is no one there to stop the carnage. While in such stocks, there is always a certain psychological boost when the ask gets painted up at the end of the day even though your common sense tells you that such a paint is not as legitimate as a 100,000 share buy. It still feels good.
What I am seeing on L2 with MDMN is quite different than anything that I have seen before. Every large sell at the bid is followed immediately with a small buy at the ask. I thought it was worth mentioning as an oddity or something that is not quite right. It very well could be someone not connected to the company who has found MDMN to be a flippers paradise and has learned how to game the system. But then again, you would think that individual would eventually run out of shares to sell. After all, this practice has been going on for some time now.
In my investing, I have always thought that the more information that I had the better I felt about my investment decisions; to buy, to hold, or to sell. The only reason that I follow this stock and read this board is because I think that there is a chance that 2012 might actually be the year that MDMN gets it done. And even though I might be a bit skeptical overall, I have no hidden negative agenda.
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