TSXV:MBI.H - Post by User
Comment by
str8tgoodson Apr 07, 2010 1:58pm
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Post# 16966169
RE: Next Week
RE: Next WeekI'm looking for the price to consolidate between 15-16 cents. If it breaks lower, that isn't a good sign. If it holds between 15-16 cents, then it should trade sideways there until the IPO. After that, it's anyone's guess. MBI has a long way to go until LungExpress gets Insurer backing and physician acceptance. It will take a lot more than $20 million to get it there, so more dilution will be necessary.