GREY:MDCGF - Post by User
Comment by
fairchijon Aug 13, 2010 5:36pm
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Post# 17350002
RE: RE: Enjoy these last 4 trading days >>>
RE: RE: Enjoy these last 4 trading days >>>Recognize that a lot of the people complaining invested a lot of money over a long period of time. They have every right to feel burned but that is the stock market. Lets face it 1 year ago with this news of a production facility being built in the US with the US government footing half the bill and others paying a large portionof the balance this stock would probably be trading at multiples of where it is now and the financing would have been done a lot higher but the demand is just not there right now. For those that can buy at these prices it has got to be a rare opportunity. I bought a lot of stock this week as well.
This stock is being heavily shorted right now to pay for the financing. Those that recognize this and can afford to buy right now will profit from it. Very little doubt in my mind of this.
Enjoy the weekend everyone. Next week the financing closes and the selling pressure will disappear. It is likely that the shares will be returned to a significantly higher level in line with the great news of the new production facility and thoughts will turn to the next country to accept MDG's VLP technology.