Replies to post #616 on Market 99 Ltd (fka MNTY)

[fastlizzy]

I think so! I have to be honest...I bailed at .95 today to buy another IPO, but I might get back when upward momo starts again. I think they might run it higher next week...split is on Thurs. so the high might occur Wed. morning...JMHO!

[mr_bitterness]

If I thought that I'd already be back in. They keep making lower lows and higher highs on more volume.
imo
The daily chart said sell this morning and is still pushing down.
The 60 minute said sell this am and is still pointing down
The 30 said sell this am and *Might* be bottoming, I'd give it flakey at best
The 15 gave a mixed buy about an hour ago at .74 ... it is still unsure
The 5 minute looks like we may see .80 - .85 later on, but I need more than that to get in here.

The company gave little reason to expect more or better news and has already let investors down by cancelling the 1st split at what was almost literally the very last minute

Huge volume and prices dropping, if they are really trading 40% of the float per day while entering into a split, wouldn't the price be moving up? Wouldn't demand be increasing as everyone is buying & holding at these cheap levels? It feels to me like there will be many more than 50,000,000 shares after the dust settles from the split. I will need some serious convincing to get back in here.

I don't mind if I am wrong, all I would miss is a nice little run.If I see enough to convince me, I will back in as as soon as I see it.

GLTA.