Replies to post #9999 on GoodFellas Big Board Catalyst and Chart Plays

[drugtester]

MNEL....I read several of their SEC filings and I think the pps was taken down way too far, as the recent news was a short term setback to their crop yield, but their overall business plan still remains fully intact. They have 5.7 million cash on hand as of 1/27/12.


I could see a nice bounce back to the the 20-day ma of $1.96. The 50-day ma of $2.40 could definitely come in play if that 20-day is breached.

Have a good evening.

[$tockfather]

I hope everyone had a good day on the markets. Lots of nice winners from today.... I made sure to hit my "make money" key, did you? lol;-)