Posted On: 06/26/2016 8:01:05 AM
Post# of 1782
MFST Daily Chart
From the A/D line the Thursday news of FDA acceptance and pop to 0.011 saw funders sell stock into the pop and then Alpine shorted 3.4m shares. The stock was pushed down to 0.0062. Then on Friday more buyers stepped in and bought off the lows of 0.0056. Alpine (VNDM) disappeared and we bought it to 0.0073 close. Alpine is short and funders won't be depositing any more shares there from what I heard. It's safe to say that funders will be waiting for FDA approval and if anything are taking part in the buying now along with many new investors. Thursday was 10m shares in volume and Friday over 2m shares in green buying volume with a 17% rise in PPS. FDA approval here means 25 cents plus. Smart money has their eyes on the prize and are ignoring the games and noise from the clueless.
From the A/D line the Thursday news of FDA acceptance and pop to 0.011 saw funders sell stock into the pop and then Alpine shorted 3.4m shares. The stock was pushed down to 0.0062. Then on Friday more buyers stepped in and bought off the lows of 0.0056. Alpine (VNDM) disappeared and we bought it to 0.0073 close. Alpine is short and funders won't be depositing any more shares there from what I heard. It's safe to say that funders will be waiting for FDA approval and if anything are taking part in the buying now along with many new investors. Thursday was 10m shares in volume and Friday over 2m shares in green buying volume with a 17% rise in PPS. FDA approval here means 25 cents plus. Smart money has their eyes on the prize and are ignoring the games and noise from the clueless.
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