MPIX ~ A Longer Term View Showing the Nine Month S
Post# of 5570
Posted On: 08/04/2013 8:51:06 PM
MPIX ~ A Longer Term View Showing the Nine Month Setup
I'm sure a few of you have read about how MPIX has been crashing for quite a while now. Of course you have! What else would the lying filth have to say about a stock that they haven't been able to destroy. But the facts are always worth looking at. I believe even Stevie Wonder can see that MPIX has done extremely well since the ZZYX boys began to become involved. And the move up from late April, when Victor Siegel and Saul Federman took the helm, witnessed a move from .005 to .019 in less than six trading days. As mentioned before by many, unfortunately the internal administrative issues to include a complete restatement of the financials took a lot longer than they thought it would. We are now in the second half of the year, and all indications are that T.E.A.M. is ready any day.
So let's see. The stock is sitting at .0008 in October. It runs to .02 for a move of 23.5 times, and the stock is crashing. LOL, that's pretty funny material. For those with a long term view, check out how nicely the stock held the MA200 over the last few months. Another test of the MA200 occurred the last couple of weeks. Hundreds of millions of shares have been accumulated over the last year. So late Friday the stock runs from .01 to .0184 on just over 2.5 mil shares. One has to ask, does MPIX trade like a stock with 1.35 billion shares in the OS? I can offer you many penny stocks that are trading in the 30-50 mil share range, not moving much, yet their have much lower share structures. MPIX is extremely thin, and imo when news begins to flow, there's only one direction the stock will go.
An important observation on the chart below is to note the levels of the MACDs (yellow circles) in relations to the previous moves. There appears to be a long way to run before becoming oversold (pink circles). Going to be a great next few weeks and months ahead. GLTA
I'm sure a few of you have read about how MPIX has been crashing for quite a while now. Of course you have! What else would the lying filth have to say about a stock that they haven't been able to destroy. But the facts are always worth looking at. I believe even Stevie Wonder can see that MPIX has done extremely well since the ZZYX boys began to become involved. And the move up from late April, when Victor Siegel and Saul Federman took the helm, witnessed a move from .005 to .019 in less than six trading days. As mentioned before by many, unfortunately the internal administrative issues to include a complete restatement of the financials took a lot longer than they thought it would. We are now in the second half of the year, and all indications are that T.E.A.M. is ready any day.
So let's see. The stock is sitting at .0008 in October. It runs to .02 for a move of 23.5 times, and the stock is crashing. LOL, that's pretty funny material. For those with a long term view, check out how nicely the stock held the MA200 over the last few months. Another test of the MA200 occurred the last couple of weeks. Hundreds of millions of shares have been accumulated over the last year. So late Friday the stock runs from .01 to .0184 on just over 2.5 mil shares. One has to ask, does MPIX trade like a stock with 1.35 billion shares in the OS? I can offer you many penny stocks that are trading in the 30-50 mil share range, not moving much, yet their have much lower share structures. MPIX is extremely thin, and imo when news begins to flow, there's only one direction the stock will go.
An important observation on the chart below is to note the levels of the MACDs (yellow circles) in relations to the previous moves. There appears to be a long way to run before becoming oversold (pink circles). Going to be a great next few weeks and months ahead. GLTA
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