Answer to a friend-My 2 pennies "common sense" opi "This is shorter week, you think the big boys manipulate easier for more cheaper shares?"
The buyers are still here, 1.5 milion shares today. The problem is the "day traders", not the big boys. Please look at the highest volume of one trade: 66,500 shares at $0.15, $9975
https://www.stockhouse.com/companies/level2/v.mbi
This is a richer day trader, not a big boy... A big boy wouldn'd bother for a very small investment of at least $100,000.
Now, please take a look at this:
https://www.theglobeandmail.com/globe-investor/markets/stocks/chart/?q=MBI-X
The day traders are selling the shares they bougt two phases before: bought at $0.08, MBI reaches $0.12, they sell at $0.10.
If you decide to buy a stock at $012, but it drops at $0,10 wouldn't you be happy to buy cheaper?
We need some big boys, to buy 500,000- 5,000,000 shares a trade, not day traders making a $100-200 profit in few days...
We need more exposure in the media, an analist starting to cover the stock, a message from MBI that after the launch, they are going to work on a new test, based on the same tecnology... we need the "launch"...
Until then, MBI will go up and down like a "Yoyo", 4 cent up- 2 cents down...
As a retired person with all holdings in MBI, I intend to make a 40% exit at $0.345 and then see. I might not have time to wait until $1.45, or it might happens sooner than we think. Nobody has the answer to this question, not even our trusted CEO. Chear, I am a smocker, so I can wait... (Old European saying- Pacience and a pack of cigaretes).