Replies to post #12566 on Pro Traders Forum

[SuperC]

MGON, an interesting play may be developing, but I'm curious and somewhat skeptical in regards to the OS/Float.

This has had a downward turn as you can see: http://ih.advfn.com/p.php?pid=historical&cb=1264248899&symbol=mgon

The Accumulation/Distribution went from a positive +776k on the 3rd, now a negative -1.22 mil as of close today.

I read the latest SS: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61389254&txt2find=mgon

Today you had 583k in buys, 150k in sells.

Initially I think the MM's have poo pooed this one but today looked very interesting: http://stockcharts.com/h-sc/ui?s=mgon&p=D&yr=0&mn=3&dy=0&id=p81601781816

Someone posted I think the 10Q had earnings of $350k or so.

If in the next few days buyers still out weigh sellers and an upward trend in both A/D and PPS continues... the values within the 10Q may start to be looked upon with favor and towards the future.

I'd be curious to know what possible IP value this has: "Megola Inc. Announces Signing of MOU with 1771601 Ontario Inc. to Purchase Intellectual Properties to Hartindo AF21 Anti-Fire In"

Just not sure as of today.

Thanks

sc