MPIX Weekly Chart ~ A Nice Setup Going Into the Ho
Post# of 5570
Posted On: 12/01/2013 11:29:49 PM
MPIX Weekly Chart ~ A Nice Setup Going Into the Holiday Season
I was asked to post some thoughts on the charts. There really isn't much change as we approach management's announcement of their Phase 2, the business execution stage. Six to seven months of financials, share structure and administrative repairs in fixing all of the horrendous work of past management. Those that have continued to accumulate, while Victor and Saul have righted the ship and built the foundation for the future, should begin to see the rewards of their patience shortly as per the most recent releases of the last two weeks.
As to the Weekly Chart, last week's volume was the second lowest of the year. Maybe the major sellers (read ex management and affiliates) are finally just about out of shares to sell. Perhaps the latest reduction of the OS to just over 1.06 billion and a float of 790 million. Very exciting when one compares where the structure was before Victor and Saul took over. The stock need to break and close above the MA50 and 200 sitting at .0099 and .011. Hang tight and stay tuned is what I'm told. The Show is about to begin. GLTA
I was asked to post some thoughts on the charts. There really isn't much change as we approach management's announcement of their Phase 2, the business execution stage. Six to seven months of financials, share structure and administrative repairs in fixing all of the horrendous work of past management. Those that have continued to accumulate, while Victor and Saul have righted the ship and built the foundation for the future, should begin to see the rewards of their patience shortly as per the most recent releases of the last two weeks.
As to the Weekly Chart, last week's volume was the second lowest of the year. Maybe the major sellers (read ex management and affiliates) are finally just about out of shares to sell. Perhaps the latest reduction of the OS to just over 1.06 billion and a float of 790 million. Very exciting when one compares where the structure was before Victor and Saul took over. The stock need to break and close above the MA50 and 200 sitting at .0099 and .011. Hang tight and stay tuned is what I'm told. The Show is about to begin. GLTA
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