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Wednesday, February 12, 2014 7:19:19 AM
It doesn't take away anything of what's to come for MRIB.
I don't know if you watch L2, but L2 looks like great accumulation has been going on in this range for some time now.
Bids keep popping up. Everyone knows what's coming, and you can bet on it that most will be back when we see the license approval.
Like I told you last weekend, the license is the only thing between them and their success.
Once approved, this will mean huge confirmation. Many are on the sidelines because of the pending license.
Expect many catalysts to follow the approval, like details roll out, distributors' names, retailers' names, online sales, maybe a (inter)national account like Costco, etc.
As many shares are in strong hands, this will catapult the share price much much higher imo.
Those that miss the train and don't get back in time, due to playing some other short term stocks while waiting for MRIB license approval, will probably need to buy back in at higher prices imo. As we've seen in the last several days, even some moderate buying pressure could make this stock run hard.
Time will tell, but I'm not selling. I trust my DD.
Patience is a virtue, I guess...
Good luck!
MRIB
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