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rheddle

08/06/08 3:29 PM

#290 RE: pay in cash #289

Nice to see more volume. We need a big volume spike to set off traders scans. 500 to ideally 750,000 plus is what we need and we need to blow through that .15 resistance. I am looking forward to the day this really fires up.

Although day trader volume can be a double edged sword in the sense that you get a run and then a bit of a sell-off as traders take profits, what the company also ends up with is a larger base of long shareholders that realise the inherent value of what they hold. More shareholders = more message board chatter and heavier volume following PR releases.

MTBR needs to be seen and a volume spike is what will do it IMO. A decent volume spike before the quarterly release will rocket this.