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Moooose

10/01/14 10:23 AM

#27348 RE: Jeff12406 #27347

Not sure if 'institutions' buy at these levels.....true penny stock. But do believe some larger investors have 'institutions'/brokers work to accumulate shares in their behalf. Large investors being a relative term as if someone wanted in with 1,2 10, 25 million would be going directly to company at this point. Hower someone with 10, 50, 100, 250k seeking a position over time may be using some company/ broker to get shares.......

Believe that mvtg is just starting to garner more and more attention as seen from all steps taken this year. Just need 1 or 2 more things to happen and then I believe off to the races. My hope is fc car developed with ????? Company. That would be like Plug announcing deal with Walmart to me and I think others. Will wait and see.

Gantor50

10/01/14 10:29 AM

#27349 RE: Jeff12406 #27347

Personally, I don't believe there is much institutional buying of MVTG at all. There are a few microcap aggressive growth funds out there that might consider a stock like MVTG, but not many.

But I do believe awareness has definitely been raised over the last 6 months, and I think if MVTG delivers additional results there are funds that would be interested in buying shares. Also, most funds have certain rules, so MVTG may need to reach $1 or more before some interested funds are even allowed to buy shares.

Much like my investment in KNDI, I just sit and wait for what I think is true value to be unleashed.