Post by
shawshank on Nov 09, 2013 11:14pm
Technically and a Titot
Kiss of death is when Titot re-emgered at .62 per share saying MM had bottomed with upside in the equation from a trading bias...since then the valuations have slowly but steadly declined.
If .50 doesn't hold next wek I don't see any support till .46 per share.
They will have to have an pretty barn burner CC on Earnings to create a tend reversal.
In order to preserve their TSE listing I believe a R/S may be entertained out of necessity.
MM would be best to obtain a NASDAQ listing-have a 6:1 R/S and if their liquidity warrants it
apply for the Big Board on the NASDAQ as their is not much appetitte for this kind of story up here and investor awareness and sentiment appears litterd with nothing but apathy,
Envoy Communications considered cutting edge for its time back in the day didn't get muh respect back in the early 2000's either.
And at one time I owned that one in the media space to.
I think FWIW-that a bottom has to be ini on this thing soon.
Disclosure: I own no shares of MM at this time.
SS