Replies to post #25548 on Movement Industries Corp (MVNT)

[SooS416]

Yes that is how almost all these type of plays happen. Volume starts to tick up with price, sets off scanners which gets more attention.

Very rarely will news itself start the Cascade unless it is a certain type of news that gets the attention of certain players.

There is a reason a lot of the volume leaders now are dark defunct junk stops being pumped on inuendo and hype.

All that matters is, was the news positive and does it reinforce the notion this is undervalued. Yes it does, it creates an even better risk/reward profile to me. All else is just noise that will correct itself over time.

You can go jump in on a stock that is already running and maybe a P&D, which is a profitable strategy if you time it right. It is also very profitable to load a undervalued stock that will run before it starts to get attention.

[tbattaglia]

Yup i agree with him. This will run out of no where.

Average Volume is slowly building, The company is delivering on meaningful acquisitions and progress, stock has been accumulated at this level for a while.

Its just a matter of time until the this breaks out of the current channel to the upside.

[Adjustedtosteep]

Hey Larry
How much revenue does Movement currently have?
What is their cost of doing business?
How much net profit do the make as a group?
How much net profit does their new acquisition from today have??????

You can’t answer any of these questions and neither can anyone else not affiliated with the company

That’s also why it’s a penny and a half

If we already had audited financials it wouldn’t be a penny and a half anymore

That’s why they call it risk vs reward

I like the company and will continue to accumulate

I want 4 million shares and I’m almost half way there