Good Morning GreenFever! Those that have been a
Post# of 5570
Good Morning GreenFever!
Those that have been accumulating MPIX over the last few months and holding are very smart. While our new management team restructures and builds the foundation for what many of us are expecting to result in a monster move, those that have been entering or adding to their positions in this .0015-.0017s consolidation level will be rewarded shortly imo. Just as the stock traded in the .005s to .007s, this sideways, although boring, churning will strengthen the move of the next leg up when that finally happens. All selling of the impatient, nervous, and short term profit takers (and more than likely a lot of ex-management shares that have found their way into the market) are being absorbed by those anticipating much higher prices once the new team is ready. I'm hoping those restated financials will be completed soon, as I think that will be the catalyst for a move into the .05-.0885 level. For those wondering why I've picked that target, please link back to a previously posted MPIX Weekly Chart.