Replies to post #43153 on High Wire Networks Inc (HWNI)

[Ecomike]

No doubt the herd mentallity in the stock market is what MMs live on, MVTG is no diferent than any other stock in that respect. That is what makes bargains and bottoms like we have now with the capitulation volume spikes at the bottom we saw today in MVTG.

I can lead but it is up to others to follow, or not, not my problem. I have been right long term about far more of my Picks like MVTG than not. I know that MVTG is the SUPERIOR stock pick today and the market will soon make my case for me.

[Ecomike]

Stock price directions and trends are not always about the company, in many cases they are about the investors or investment groups sudden need for cash during a weak price period (especially market wide sell offs that lead to margin calls and short selling) and that leads to a sell off and down trend that leads to a herd effect that gets way overdone, that has nothing real to do with the true value of the company. IMO that is the case with the MVTG. It started with profit taking at the .75 price level last year. The crude oil and energy sector commodity collapse continued the battering and then the final news that China is indeed slowing down and the US FED was ready to raise interest rates and all the major indicators are showing a bubble and crash coming killed penny stock values from A-Z. It is not just MVTG and it is not the MVTG CEOs fault.

"today the market seems to share my perception about what you deem "non issues" about this company and it's viability as a real business"

If I had the cash I would try to buy all of MVTG today for up to $1/share and then wait for the $5 to $10/share buy out from Alstom