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sports guy

03/09/10 12:40 PM

#26750 RE: prices #26748

chart. haha no volume no interest no news no nothing. only this group even knows about this, hahaha chart. humor at it's best.
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$oldier Hard

03/09/10 8:05 PM

#26758 RE: prices #26748

Sure but it's just my opinion. Have a look. I think the most important indicators here to look at while the seller was having his/her days and even before that are the CMF and accum/dist.
http://stockcharts.com/h-sc/ui?s=MTRE&p=D&b=5&g=0&id=p57270906259
The CMf indicates that this security has been and still is under Heavy, Heavy accumulation. Here is an explanation.
The Chaikin Money Flow oscillator generates bullish signals by indicating that a security is under accumulation. There are three factors that determine if a security is under accumulation. They also determine the strength of the accumulation.

1.The first and most obvious factor is whether the Chaikin Money Flow value is greater than zero? It is an indication of buying pressure and accumulation when the indicator is positive.
2.The second factor is the duration of the reading, how long the oscillator has been positive. The longer the oscillator remains above zero, the more evidence there is that the security is under sustained accumulation. Extended periods of accumulation or buying pressure are bullish, and they indicate that sentiment towards the security remains positive.
3.The third factor is the intensity of the oscillator. Not only should the oscillator remain above zero, but it should also be able to increase and attain a certain level. The more positive the reading is, the more evidence of buying pressure and accumulation. This is usually a judgment call, based on prior levels for the oscillator, but a move above .10 would be significant enough to warrant a bullish signal. A reading above .25 would be an indication of strong buying pressure. You should consider prior levels of the indicator to be sure.

Why is it? From the IBOX.

Outstanding Shares = 27,741,070
$18.2M revenues: 2x = $36.4M, 3x = $54.6M (Consolidated revenues derived from LOI targets)
True Valuation range of stock = $1.30 - $1.96 (Even 1x revenues equates to better than $0.65 pps!)

$1.7M EPS = $0.061 per share (Consolidated earnings derived from LOI targets)
True Valuation of stock = 33.79x EPS = $2.06 (per specific sector), 67.40x EPS = $4.11 (per sub-sector industry niche) and 20x EPS = $1.22 (per overall DJIA avg)

http://ih.advfn.com/p.php?pid=nmona&cb=1268182762&article=40952012&symbol=NB%5EMTRE

From the last 10Q, which was filed early too.
Commitments
The Company has entered into three definitive Purchase Agreements each of which is in full force and effect.
I appologize, that's more than the chart opinion.