RE: RE: RE: RE: ALL TIME HIGHThe way bids were coming in @ around 0815 a.m. today, I thought today would be big day for MPE.
But it did not happen.
I strongly believe those MOUs will turn into final deals because other companies would need MPE to get into Chinese big market for reasons:
1. Language barrier
2.Local sppliers and distributors
3. Connections in China
4.Proper site selection
5.Operational activities
6.Local manpower and labour
7.Permits if necessary
After getting Government grant MPE already has shown their superior management and leadership quality.
All these MOUs are amazing.
In few cases I have seen very late positive response by the market.
Market sometimes hesitates and wants to wait out for further confirmation.
It could be the fact in case of MPE.
And I know for sure once investors loose their shares SP starts to move up violently. There could be a mysterious complex algorythm behind it.
JMO