GREY:MDCGF - Post by User
Post by
Indicatoron Oct 09, 2009 4:09pm
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Post# 16378425
waiting game
waiting gameMost here know MDG will go on a powerful run once we get the Phase 1 results all are expecting and hoping for.
Inked deals will be consumated and they will have become a valid investment in the minds of funds and large investors.
Until then, it's a guessing game where the share price will hover, but looking at market depth today, I would say anywhere from .47 to .57 with no news to change anything. But, on low volume days, brokers and large holders can move penny stocks around pretty much at will, so you have to be prepared for volatility.
One thing is certain, MDG has more pans in the fire than many anticipated and is a great unfolding story with huge potential.
I am using this time until we hear the crucial phase1 safety results, to accumulate more on weakness, and it looks like others are doing the same.