RE: LOOKS like it is going back to .02 centsI sincerely doubt the stock price is going down to 2 cents again. I have tried to buy it at 2 cents several times in the past year and have not been able to.
I also did not mean for my sell to be used as fuel by bashers. If you read my posts, you will be aware that I have been following MIP for about a year, owned shares for several months last year and recently bought back at 2.5. I don't qualify as a 'long' holder at this point. In current markets, I mostly day trade though I have some long holdings. I sold my shares because they hit a predefined target which could well have been a conservative one. I think MIP is a good company with strong potential. I intend to buy back if it dips again or if instillagel sales are long. As general markets improve, I may enter into a long position.
I'm not really fond of bashers and I want to be clear that I did not sell MIP this morning because I believe it is a bad company or because the news wasn't good. I am simply trading to a system that is working for me in very tough markets. I wish best of luck to the long holders of MIP.