The Medipattern Corporation V.MKI

Fib move

[bullchart]

I just did a Fib retracement on our move Ap 13 .135 to Apr 19 of .265 when the higher highs stopped. A 50% retracement is .19 to .20. The 38.2 retracement is .206 to .22. Little doubt we will do the 38.2 retracement as we are at that now. We will see where the selling volume goes. Most of the buying was in that .19-.20 area. After thatit appears some grabbed the 25-30 % profit. .18-.195 appears to be a good stink bid area to sit. And for those that think I am bashing... wrong... I will just add to this .20 area because this will appear cheap at this price within this year. Not worried in the least. Everything is getting a haircut.

[gas61di56]

Chances to get this back below .20 is very thin. IMO, Mr. Collins is just about to come out with some updates on new facilities and numbers on scans. Profit takers just gave some gifts to their buyers...I say we finish the week over .30. G

[fpellegrino67]

A NR will be nice, but I dont know if were going to get one before the financials next month, mind you it would be nice, but even though we know where this is going and if it does go back to the teens, its just going to give alot of investors a very early christmas gift..we know on the potential, its a company we just need to be patient about but it will pay off in the end, mark my words on that :

[gas61di56]

I cannot see a CEO spending money on advertizing and stop it after he came out saying the growth is there week after week...it is plain and simple that he should come out with some numbers now to keep the sp price from drifting ...if he has the numbers he might as well show them and do it week after week. That would be an efficient way to bring new blood and get the SP in the dollars. Patience is

[Stanleymarc]

The problem is that they still haven't made a profit. Releasing it now is too early. We likely won't see anything promising in the way of numbers till the end of the year. >

[Stanleymarc]

The problem is that they still haven't made a profit. Releasing it now is too early. We likely won't see anything promising in the way of numbers till the end of the year. >

[gas61di56]

It is not a matter of profit right now but to show the growth happening every week. If it takes too long the price will depreciate to the same level as before and all the effort put in to the advertising will be gone. Once investors have chosen other companies to put their money in it is harder to bring them back. G

[requiemeterna]

NEWS and NUMBERS,  day traders have a point!!! GL  LONGS.

[gas61di56]

How long are you in for ? You can be long several years if they keep missing the point of advertising. Future will tell the story...I'm giving it till August for some decent growth...still would be nice to get updates every week. GL G