OTCQX:MRVFF - Post by User
Post by
langeron Oct 06, 2009 11:19am
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Post# 16366058
Holy panic button Batman
Holy panic button BatmanThis thing is off 15% of it's recent highs and everyone scurries to the shadows like mice. Nothing goes straight up, and nothing goes straight down. It's hasn't broken through its previous support level, and only a few million shares have been liquidated in the last few days (a little bit more than 1% of the float).
What has peeked my interest is the pile of little 500 block trades on the bid. This says to me that the market makers are getting involved which can provide great opportunities. I have no intention of sticking around for the FDA decision, but trading the swings has scored me some big time profits in the last 6 months. It's right where it hoped it would be with 1 month out.