MIMVI news this morning is significant, despite how the share price is reacting.
They just placed into service their main revenue producer, a mobile APP search engine. It puts into the hands of 10's of millions of mobile phone users the ability to find and use virtually any APP created. This one piece of software is MIMVI's main reason for getting Microsoft's attention.
We agree on one point. I don't see this as being shorting today, just people taking profits from the .0, .1, and .2 ranges by "selling the news".
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