Martello Technologies Group Inc V.MTLO

Support?

[Mikeyrob]

Early levels show no support to 24.5.... yup really strong results guys!

[GustheGreek]

Let's see where it winds up today. Stop loss in place.

[Mikeyrob]

.24.5 is my guess, hope I am wrong but we shall see

[#chickendinner]

Looks like heavy selling pressure this morning but I would hope by end of day we find some footing around .24 give or take a half penny. Results weren't horrible but nothing to get excited about in the short term.  Some of us were expecting more with given the current environment of significant uptake to MS teams, Zoom, Webcast etc.  I can't imagine selling into this morning but

[jermoguy]

I think I would take the honest perspective of chickendinner with 1.4 million shares and he/she is still under water for average cost base, than some of the people complaining, who likely bought/traded at the wrong time and do not like the fluctuations of the market.  Chickendinner probably has much more of a justifiable reason to gripe and moan about the gyrations of this stock more than

[CaptainConn]

Great post.

[GustheGreek]

Well said... if you don't like the direction this company has taken, get out. Sell, and invest in something else. I too believe MTLO is heading in the right direction. There will be a hiccup today, but will recover tomorrow. mpo.

[CaptainConn]

Gap down will serve as resistance ubut I also believe it will head back to 28 cents - not next week but the week after. Next week, I think it will float around under 25 cents. Glta

[Mikeyrob]

a hiccup lol 20% down with large dumping! If the numbers were so strong wouldn't people want in...

[canyousayiii]

The results were obviously poor. Some do not want to hang around to see how things will unfold from this point. It is not a mass exodus, but it is not a mass influx either. The market has spoken directly on these results and there is no way to spin it otherwise.

[Mikeyrob]

Exactly....