Replies to post #9413 on MSE Enviro-Tech Corp.(fka MEVT)

[Realityhurts]

I still highly disagree that it was pumped hard because I know what happened and you do too obviously since you sold at .80. If I recall, about 1.5 million shares exchanged hands that day. It gapped to .72 from a .50 or .51 close and hit a intraday high in the morning at 1.30 with most of the shares trading in the .90-1.10 range. There's a difference between a stock running and it being pumped hard. It can be pumped hard and not do much of anything. It imo, was still a relatively low amount of money exchanging hands (don't get me wrong, $1 mil+ is a lot of cash no doubt). But, I still don't recall much of any pump or really even any dump going on. It closed at .99 or $1 I believe and dropped into the .70s the next day on low volume. The rest is history. But, had even moderate buy volume continued the next day, it would have probably consolidated in the $1 area somewhat although it probably wouldn't have stayed there because well, we know how things has gone the last few months. I hope that we revisit the area again lol.


I still disagree with the pump and dump part. It ran, but it wasn't really pumped much. Somebody obviously sold shares that day though.


But, that was a long time ago. Can't dwell on the past. Have to look to the future, whatever that may hold.

[Realityhurts]

However, I completely understand why it would look that way. I do. I just don't think that it was.


I been around enough and traded a lot of pinksheets stocks over the past few years. I know what a P&D is, believe me. But, I think that MEVT kind of falls into a strange category of it's own. It does strange things at times, things that don't exactly make sense, be it for better or for worse. Like, how thin it's suddenly gotten. That's good I guess but strange no doubt.