Replies to post #16142 on Marketing Worldwide Corp (MWWC)

[mdimport]

News usually drops the share price as traders sell into it. Am still thinking about Friday's news. Not entirely certain it's good.

Does good news immediately drop share
Price in the past??? Your thoughts on
The filing Friday

The technical charts haven't confirmed a bottom or a buy signal, but arguably $0.0015-$0.0023 is the beginning of a current trading range. RSI is 35, so not yet oversold. The stochastics indicate the next move will be lower (don't know how much).

The industrial client contract isn't released and that's both timing and value related. The filing is a signal, but not sure if its positive of negative (see comment above). My guess is it's linked to the upcoming news.

I'll consider it after there's real news that has a long term impact.

For what it's worth: I never play short. I don't believe it's ethical.

I will continue averaging down . You
Should - buy- this stock MD....