Short review... I am nor a reporter, nether a financial analist, but I consider that I have some "common sense"..
Today's trading: 312,255 shares, valued at $40.6k, spred over 40-45 transactions, both seller and buyers mixed from different houses, almost every time. Who are this sellers and buyers? I doubt that they are left over options...
MBI does not have the pattern of a regular traded stock, which you can chart. Rarely it goes up or down on news, but it goes up or down on "VOLUME".. I bought MBI at the beghining of March. My reccords:
-Mar 28, vol- 1.4 mil, 9-10 cents (When I've started buying):
-Apr 9, 2012 Financial Results- Excelent, No market reaction:
-May 13, vol- 4.0 mil, 10-13 cents:
-May 14- Recommended by smallcappower.com:
-May 15- vol- 2.9 mil, 12-17 cents:
-May 16- vol- 4.7 mil, 17-20 cents:
-May 17- vol- 2.4 mil, 20-17 cents:
-May 21- Recommended by smallcappower.com:
-May 21- vol- 1.5 mil, 17-15 cents:
-May 30- Q1 Financial Results- Excelent:
-May 30- vol 0.31 mil, 14-13.5 cents:
If anybody can chart/predict/analize MBI, I am going to take my hat off in front of him and call him "SIR"!
I wouldn't like Mr. Broshko to spend any money "pumping" MBI (bribing an analist or similar- common practice on TSX-V) !...
All I know is that MBI is not diluted, no debt, cash to survive more than one year, the lounch is ~ June/July and the money from Precision, are going to be in the mail on a regular basis. . That's 1000 times better than a guaranteed GIC with a bank. At 65, I can still wait 6 months/ 1 year for the return. I put my money where my mouth is ! "Oil" knows....
I apologise in advance if I made any mistake. Please correct me ! (I am talking about the longs, not the ignored bashers) !!!! Cheers
-