OTCPK:MAUXF - Post by User
Post by
stockpeekeron Feb 04, 2013 4:06pm
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Post# 20936284
$2 milestone barrier effect
$2 milestone barrier effect IMHO, probable that news this week will take Mart over $2, but I would expect Mart has a tough time moving significantly above $2 due simply to it being such a R O U N D number, and we've been expecting it for so long that there will be some sellers lining up to lighten up slightly above $2.
Said differently, Mart stock price around $2 could act like the Dow around 14000. When it breaks thru that "significant" milestone, we should expect it to drop back below it perhaps a few times before it breaks significantly higher.
Just saying ...
Regards, 'peeker