Replies to post #126 on Micromem Technologies Inc. (MMTIF)

[MasterSalix]

I never buy large blocks at one time during accumulation – IMHO with MMTIF one should not buy more than 5,000 – 10,000 at a time.

In the low .60’s I think it is a great place to start a position. If I wanted 50,000 – I’d start with a 10,000 purchase down here and be willing to avg. up or down, depending.

With news pretty recently, and MMTIFs reputation of being silent for stretches of time, I think while the current price (.62) is a great starting point, it is possible we make it to the .50s as well – so I would wade in but not jump head first. You want to have enough dry powder to avg. down...

However, that could all change if MMTIF starts pumping out good news – but I am willing to take that chance based on MMTIF’s past history…

I picked up some more yesterday – will probably buy again tomorrow in this area if I can get them as well. Then I will probably wait a few days to see if we get any support or perhaps purchase again if we sink a bit lower....…GL2U