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Medicago Inc MDCGF



GREY:MDCGF - Post by User

Bullboard Posts
Comment by oilandgaswellson Jun 18, 2009 3:51pm
179 Views
Post# 16082054

RE: F*ck*n anonymous keep selling!!!

RE: F*ck*n anonymous keep selling!!!RELAX...
First of all, Broker 1 anonymous is a designation used by any House that doesn't want their trade sourced to them. It rarely is one seller but often several different houses at any given time.  Secondly the volume and the price swing are not significant. This is the first UP day on the markets in the past 4. On those down days, some REALLY down, we didn't feel it at all on the stock price of Medicago.
One distressed seller like Desjardin who is under the gun to raise cash or close their position just hits the bids. As you saw, buying support @ .30 was there immediately.
When you look at how much Free Trading Stock their is out there, when good news hits, this stock will rocket upward. Very similar to ALDA (v.aph) ...take a look at the chart and volume history when it hit $1.50...came from .20 cents in avery short period of time.
If there is demand because of news, buyers will find a VERY LIMITED SUPPLY, thus a big spike in price. IF bad news, slowly drifting back to .15. Likely very good news as this Company has a history of "getting it right". See previoud news releases...NO Failures.
GLTA... long here with most of you.
Bullboard Posts