Mike Lindell Media Corp (MLMC)

[jrod]

The PPS ALWAYS consolidates after a run-up. This is quite common and even expected. I do not believe it is dilution that caused this "consolidation" as the volume does not accomodate for this. I do not believe it is manipulation because again, this is quite common (back test other stock run-ups to see consolidation that follows). I do not believe that it is shorting because this would be the most risky trade of all with so much on our 4 week horizon. You dont short such "possible growth". As far as news helping....I am not aware of recieving any "News" of any value this month.

When a stock price runs, it becomes over-bought quickly. Once it reaches this stage the PPS will consolidate down to find the support level or "True Price". This is where we are now imo (I use this level for entries). Then supply & demand (investor sentiment) will begin to move the stock once again and the cycle starts over.

If you are long then you should not pay to much attention to these movements and swings as they do not necessarily represent the trend or "attitude" of the stock.

If you are short then you should always take your profits at an expected resistance level (.025 was well known resistance), and look for a re-entry at support.

Hope this helps, Good luck to you and Merry Christmas.