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MJAM2020

02/24/10 11:36 AM

#6506 RE: monica628 #6502

more than likely ,,this one is now looked as a real company ,,and will only move up on news that shows improved Revs or significant news that will surely lead to Money..Network deal announced,,contracts.. etc....etc...right now they don't have much in terms of Revs etc,,and company is still valued at a few million bucks... I'd say that is pretty good,,,most of the other pennys' with letters of intent etc are usually p/d's trading in the .001 range so they can attract large volume etc...

Look at the long term chart MFLI real quick... Jan of last year,,low was .003 ,,, then .006,,,then .012 twice,,and this time it hasn't come below .016 ,,which was today on a very quick trade... as long we hold above .013-.014 before the next leg up we should be good to go ,, long term the trend is in,,,assuming danny keeps moving things how is has been ...how you play the slow times inbetween is up to you.. As far as the price dropping with news etc,,usuully a sign that the company is diluting,,but I dont' think that is the case here...so no answer for that,,,could still be something from financing in the companys past,,just a guess..who knows,? ..either way I don't think they could be holding too many...