I think you may have missed my point on MVTG. Here is an example of what I am talking about (1). Alcoa aluminum has lost nearly 50% of its 52 week high value, and Alcoa is a stock that was once, not long ago, a Dow Jones Industrial average 30 index stock. It has a dividend and a positive PE and just bought the largest and strongest and growing Titanium and titanium parts manufacturer in Germany and yet the stock is now nearing a 2009 stock market crash low, hit when it was burning a billion dollars and losing money very fast, with no sign of turning up. The China Mainland stock market has lost 50% of the recent 150% gains it achieved in the last year. I looks just as bad and is scaring buyers everywhere.
Here is a chart (1) on Alcoa and it mirrors the MVTG chart and all other fuel cell stocks in free fall the last year that was led by crude oils price collapse. But MVTG bottomed and bounced 100% recently, unlike Alcoa and others and is right now retesting the earlier lows this year, so MVTG and the MVTG CEO is doing something right.
My point is that MVTG's correction the last 12 months was profit taking from a huge run up and a follow the leader pattern (up and down) that no other stock has or will avoid this year. Biotechs are starting to get hammered with a bubble bursting and profit taking. MVTG has already seen the worst imho.
But there is no other safe growth place for investment dollars to go and MVTG is now way undervalued and will bounce hard and fast in a large % move on the right news, and we all know that news is coming!!!! And we know that this is the year of the Paris Climate change treaty conference that will bring many investors to the awareness of MVTG.
MVTG has way outperformed Alcoa the last 6 months.
If one really wants to understand the huge potential that MVTG technology has to offer, and thus the huge profit potential for MVTG stockholders watch the new PBS special!!!! It is a real eye opener. Post back your thoughts after watching it!!!! I watched it twice already, plan to watch it again!!!
I was a bit surprised how huge an event in the history of Man the steam engine was, HUGE!!!!
General Electric the one buying up parts of MVTG's partner Alstom, was started by Edison (after he perfected the light bulb) and Tesla at a tiny scale, MVTG scale!!!!!