MPIX Daily Chart ~ Another Week of Consolidation B
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MPIX Daily Chart ~ Another Week of Consolidation Behind Us as We Wait for Heaven to Break Loose
Friday's action was expected after the 25.5% pop on Thursday. There was no bid support following up the move of Thursday, so no one should have been surprised or upset with the continued channeling in the .014s to .016s. I was hoping we would stay up in the .017/.018 range, but the selling continues which is being absorbed by brilliantly by the MPIX longs. On Thursday, I counted 8 separate one million share sell orders into solid bids. Friday, although I was away all day, I did hear that we had three different one million share bids which obviously were filled. So the AD line is now well over 600 million shares since ex-management raised the OS by almost 700 mil overnight on Dec 18. Hmmm, I'll let you all figure out where I think all the selling has been coming from. But eventually they'll run out of shares to sell, and the great news is that new management has taken over so the printing presses have been unplugged some time ago. The new team will actually build this company, place assets into the company, generate revenues and make profits which will deliver hugely for the patient shareholders who have supported the MPIX/ZZYX world class management. THAT'S the way to execute and build a company! Working for the shareholders! What a concept!
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