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Middlefield Income Plus II Corp T.MIP



TSX:MIP - Post by User

Comment by mrneutralon Nov 14, 2007 4:56pm
164 Views
Post# 13808314

RE: new eresearch report

RE: new eresearch reportTHis stock is in no way day traded. First off there is no meaningful volume on a day by day basis yet and the swing in price is only 1/2 cent with no gaurentee of buying and selling at a 1/2 cent increase. Believe me, Day Trading has NOT started on this stock yet. When it decides to move up with multiple cent increases/swings and 10's of millions of Shares traded every day, then the day traders will appear and it will look rocky (get your nausea medicine for that ride). Just look over the past two months of trading is companies such as KWG, SPQ, NOT, etc. very wild rides. We are in what I call an accumulation period. Slow methodical chipping away of any shares for sale. I hope and believe it is at its bottom so its just a matter of patience to wait and see when it decides to move. It will need market rumour or some hard sales numbers/with profit to drive it up.
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