Post by
Peladawn on Mar 04, 2024 4:48pm
Same people were bashing last time stock dove on Feb. 7
...the sp fell 25 points and then miraculously recovered 2 days later....same thing is going on right now.......look at the announcement....read it again....does that sound like this conference call is to announce some impending doom?...
Comment by
13X2413 on Mar 04, 2024 6:26pm
Too many recent negative events to buy into your theory. I don't need a bounce back of 20 cents, I need dollars. It wouldn't surprise me if whatever caused MC and crew to do the invisible man routine for their presentation last week, they come up with a reason to back out of the conference call. Seems like they are trying to extend the inevitable.
Comment by
digital130 on Mar 04, 2024 6:29pm
looked like programmed selling on nasdaq, as the 5 minute chart really never showed a chance the entire day. Both down days in usa on volume over a million closed around 90 cents us.. It difficult for a stock to get confidence if the bot keep on selling or shorting or whatever they do.
Comment by
lonc17 on Mar 04, 2024 7:44pm
MC is getting worse every day. i believe they are deferring as long as possible before they are forced to disclose their very poor end of year cash position and the rapidly diminishing prospects for financing any phase 3. Totally useless and dishonest company.
Comment by
Buckhenry on Mar 04, 2024 8:59pm
I tend to agree... things are just not adding up here... they have been way to aloof.