RE:Diamond formationseinfeld1 wrote: Prior to this New release the formation was in play. $3.00 to $3.10. With todays release I am even more optomistic. Old high is now support. If there is a buyout I would hope that Matt puts into place a clause that allows for future dividends, whereby the aquiring company pays past shareholders of MOZ for every additional Million OZ measured as was done with another takeover not that long ago. Based on 2011, MOZ is about 50 percent undervalued based on the share price in my memory. The HUI was around 6...now under 3. With that...Matt may not be the smartest cookie but hopefully he recognises the lack or eurgency to sell at all! He really has only carried on Phil's and Sherries agenda. Infact, removing Sherrie was by many here a means to raise his status to "it all about me"! MY view. Regardless, sell MOZ for chump change Matt or MOZ produces and high double digit share price is realized!! JMO
Seinfeld quit babbling. Diamond formation???? You must be confusing your tin foil hat for a diamond formation pattern. Diamond formations are typically a bearish sign and signal the end of an upward rally. If that is what you see you better learn TA again as you obvioulsy have no clue. As for the HUI what does that have to do with MOZ. HUI is based on 16 top senior gold producers. MOZ is still a development project. HUI peaked at 600 back in 2011 and then collapsed in 2013 to 300 along with the gold price. Wouldn't be comparing to 2011 which was a gold bubble that burst.