Replies to post #9300 on MGT Capital Investments Inc. (MGTI)

[PRINC3ALI]

We will find out soon.

Before considering insider training, IMO what happened was: investors and traders who were on the sidelines jumped in for power hour to be sure they don't miss after hours today and pre-market tomorrow, in case news comes out.

They jumped in as they saw a solid base form ALL day today in the low-mid 2.40s. So the upside was very high, and very little risk. This is the first time in May I see this stock not being extremely volatile nor trading sideways or stair-stepping down. It really was a good day for the stock.

All that above and then as the first wave of buyers came in and moved the price, more and more jumped in to be part of the action.

If we don't get a PR with substance tomorrow than I believe we will just retrace to 2.55-2.60 after a morning spike to 2.90s -- IMO... let's see whether I am right or not....

[ESP24]

Everyone who bought today has the reason and everyone that buys tomorrow will too. Duh

[The Rainmaker]

The reason was because everyone who was hoping for cheaper shares figured out there wont be any cheaper shares and started buying. The second reason was because todays PR reminded everyone John Mcafee will be CEO here and anyone who said he was just going to be a consultant was wrong. People realized if the shorts were wrong about John just being a consultant every other negative thought they posted was suspect and likely wrong as well.