OTCQX:MRVFF - Post by User
Comment by
trader520on Jan 06, 2010 1:43pm
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Post# 16645265
RE: THE SHARE PRICE--ILLEGAL MANIPULATION?
RE: THE SHARE PRICE--ILLEGAL MANIPULATION?Now all we need is some good pr's and financials to move the s/p.
Having FDA approval is like having a fast car with no gas. Great potential, but no go. Show me your car in motion, and I will become interested. We have FDA approval, but untill some numbers and positive earnings come in, I won't expect a whole lot here. Too big a share float, too many shares changed hands and have been held from the low .20's. If I for one owned shares from the low .20's, I too would sell in the low .30's by this point and run. I see no manipulation here, just a huge float of shares traded well below todays price, causing lotsa people to bail when it goes up.
Hold tight if you are long, once the numbers come in from pennsaid sales in the US, we will go on a steady uptick. Till then, remember.......stocks are like the city bus; if you don't like the one you are on, then get off and take the next one.
Cheers