Replies to post #5123 on Mainland Resources, Inc.(fka MNLU)

[maybe_this_time]

I think .25 was the next target after sixteen. There is the old support there plus a significant MA that might turn into resistance for a bit. .16 fell like nothing. .40 also has old resistance and a major MA.

I think it was just a case of over pessimism producing an artifically low share price for us. And now that we have life again it ran back up and now past the old minimum support level..

I suspect .25 will also fall pretty easily. Might bounce between .25 and .40 for a spell after that until the next real news comes out. A JV partnership blows us through the roof I think...

JMHO...