dude iligence Friday, 02/28/14 12:12:56 PM Re: None Post # of 13010 MCIG high .50 Momentum market is underway. Combine the CNBC and MCIG investor presentation good solid move in MCIG for the breakout above .40 couple days ago. MCIG is doing a lot of things and doing them well. They are headed for a higher exchange and buy out by a bigger company. MCIG above .50 is a psychological hurdle, now the focus is $1, heck its half way there and big money is coming in and scooping up shares. Today is 3rd day in play without a big morn sell off. It is pulling back slightly for lunch. We may see more of that next week to retest the breakout level but we may not.
I was originally in MCIG at .12 then added on New Years Eve dip averaged at .105 sold those at .37 did not buy back on the dip to .27. The chart looked like it could go either way. It was struggling with .36 selling off during the day to .33 then the tape was painted at the close to the ask. When CNBC featured VAPE the sector came out of the slump. .40 was the breakout level. Get above that and its back to momentum rally mode. That was the buy back signal. The investor presentation reiterates non dilutive share structure and moving to the Nasdaq. Most penny stocks talk that talk and its pure bs and you feel the slim. Not the case here IMO.
News 
Market Data 
Discover 
