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Thursday, March 20, 2014 3:39:21 PM
Now, while the volume is comparatively "low" today, it is still nearly 200,000 shares, which until very recently would have been seen as a huge spike in trading volume. I have no real insight into how funds accumulate shares in a microcap growth target that they want in their portfolio, but my guess is that it doesn't involve putting in a bunch of huge buy orders at a single time to blow through all the asks to spike the PPS. If I were a fund intrested in MVTG at this point, I would be accumulating slowly and steadily, and I would be taking advantage of MMs and retail investors who sell on momentum so I could accumulate more shares at a lower price.
But anyway, I'm not sure it's fair to act like EcoMike's "predictions" must necessarily result in 500,000+ trading days or this whole MVTG investment is garbage. If you've done DD on this company and think that this technology is going to be viable now and in the future, than short-term movements shouldn't concern us too terribly much. Neither should lighthearted predictions shared voluntarily on a public board (which can be freely ignored or read as you or anyone else sees fit).
Whether MVTG is an excellent long-term hold remains to be seen, but I like our odds, given the potential uses of the ERC and MFRC technologies. I assume you do as well, given your investment here. And I appreciate the many comments and thoughts shared by EcoMike and others, even if many of them don't necessarily drive my decision to invest here. So let's cut EcoMike a bit of slack on some of the "specific" predictions on the board, since our own DD is what should control on any decision to buy or sell shares of MVTG.
Just my opinion, FWIW.
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