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dontclickvirus

06/07/10 12:45 AM

#13915 RE: Trader S77 #13911

How big is big?
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FeanorFire7

06/07/10 1:00 AM

#13924 RE: Trader S77 #13911

One HUUUUGE thing we have going for us longer term investors of MOPN is that there was not a day with volume more than 100,000 shares traded for the entire year before the initial rise of MOPN on April 30th.

No one was paying attention to MOPN before the Gulf Oil Spill.

Meaning that this stock was not accumulated by pretty much anyone under even .03 - it shot up past .03 in a blink of the eye on April 30th with only a couple hundred thousand in volume!

So there's not some investment group or three or four investors who own millions of shares that could manipulate the pps like with so many other high volume/high float stocks out there. Take a look at the chart and the volume of MOPN on the one year chart to see all of this (you will have to click it):

http://www.thehotpennystocks.com/Stock-Quotes/?stock=MOPN

And with the May 6th spike from .02 to .20, then the spike May 15th from .06 to .19 cleared a lot of shares bought from .03 to a dime imo. Then on top of all that profit taking were the last two nervous weeks when even several on this board posted that they sold as they could not wait any longer for the PR - got cold feet and sold.

Day traders have mostly been gone for these two weeks as volume dried up and pps went down 50%. Meaning day traders will have to buy in tomorrow yes, but IMHO with every day trader you will have two investors who are buying and holding all or the majority of their position. So yes the MM's and Daytraders will greatly influence the pps tomorrow and this week - but I think that as the week goes on and the month unfolds with all the potential epic PR's that the strength of MOPN will be revealed: stronger hands after any flipping will be holding more and more.

We shall see! - 8 and a half hours to go- woot!