Technical AnalysisLepresident suggested a look at AmericanBulls.com to see what the technical analysis is. Apparently he never makes his investment choices without Americanbulls input.
Here's what you can find relative to MTM:
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AMERICANBULLS
The previous SELL recommendation that was confirmed was made on 06.06.2005 (9) days ago, when the stock price was 0.7500. Since then MTM has fallen -9.33% (-1% each day = death by a thousand drips)
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Based on that rate of decline MTM will be down to zilch in two months!! NOT GOOD.
I'm glad I bailed last week. I may buy in again when it hits the .20c level thats where the trade lines converge and a potential upswing may occur.