OTCQX:MRVFF - Post by User
Comment by
longondmxon Dec 28, 2006 3:00pm
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Post# 11929304
RE: anybody who stop/losses a penny stock doesn't
RE: anybody who stop/losses a penny stock doesn'tShaner - there is speculative buying going on and has been for the past few weeks. Plus FDA approval is nt 100% - although I believe it is up there.
Don;t forget, we are up over 50% in the last month, is that not speculation enough? And this is with Dundee's pressure of selling shares that are backed by warrants. That is why you hear people complaining that had Dundee not sold their shares, we would be in the $1.00+ range pre-FDA announcement.
So, as you can see there is speculative buying going on. You don;t see this because your entry point must have been during the recent SP increase. Had you been in since last December, you would be holding upto a 5 bagger at this time with an average cost of $0.11 - $0.20.