Tuesday, March 04, 2014 1:07:42 PM
- It looks to me like the volume and selling is drying up. Mass amount of shares in ratio to available float have changed hands in the last month. Most if not all weak hands seem to be gone, maybe some traders who bought lower still to go.
- Although I own with a few friends good positions, we are now just waiting for the listing to the Nasdaq or the announcement of this to add more. Building capital
- I have a large following here, but many will not buy until this moves to the big board, I don't know, but in my opinion many feel this way on the retail and institutional side
- Many funds cannot invest in this stock due to internal rules of exchange and minimum share prices, once it moves, those barriers go away
- As Steve has publicly stated, he will negotiate with Nasdaq on the listing. Now he has the power to do what he sees is in the best interest/requirements of the company and shareholders.
- Personally I am hoping for a full 5 to 1 R/S, to reduce float, and raise the share price. My number one priority is the new listing, what form of a RS is secondary.
- MPE seems to be building nicely, once it get's to a critical mass, this should really help with free cash flow.
- In my opinion, the current situation will look completely different in a few months, and dramatic by end of the year.
Cheers
PresClubs
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