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Mood Media Corporation T.MM

"Mood Media Corp provides in-store audio, visual and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels and restaurants."


TSX:MM - Post by User

Comment by dannyd9on Mar 21, 2016 7:23pm
146 Views
Post# 24685768

RE:RE:RE:RE:volume

RE:RE:RE:RE:volumeGood additional points dreaddogs. Right now it is very clear that there is a large seller or two on the stock in the 7 and 8 cent range. The volume recently should have taken this higher but the sellers are finally finding bids to sell into. Hard to know how much more is for sale in this range. The key will be volume; 300 to 400 thousand shares daily for a number of weeks will do the trick. Many wont touch the stock because equity is actually negative. If they can turn the ship around qaurtr by quarter, they will be able to a raise with a potential partner. Final point, if MM goes true operational cash flow positive, the value of the whole company would be worth more to a potential buyer. At this point, dont think they would get enough for anything to be left for shareholders.
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