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Bullboard - Stock Discussion Forum Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."

TSXV:MTMH - Post Discussion

Mitec Technologies > The Stock ain't do anything
View:
Post by TMAZZ on Nov 12, 2013 2:29pm

The Stock ain't do anything

It looks to me that with no new news or update that this stock will not be a worthwhile investment to hold!
As seen by the share price and volume traded today.

It will just drift back into the hole it came out of.

Too Bad we thought Mitec was coming back to live

Any thoughts as to where we maybe going other than south for the winter.

Regards

TMAZZ
Comment by Kwikwi on Nov 13, 2013 8:06pm
I disagree with you. This is in its infancy IMO. I hold shares, tried to add @ .21 , 22, 23 no luck. I don't think you have done much DD about S/O , who are the players involved, who is holding the shares, who is COV the connection etc...   There are a few shares on the market for this one. The day you will see 1M shares trading it will be over $1 IMO unless it is a cross of course ...more  
Comment by oilsswell on Nov 13, 2013 9:42pm
Have owned this dog forever and gave it up for dead. Checking to see if it had a pulse. I see we consolidated about 40 to 1!!! I also see management is up to their old tricks again, diluting until there is nothng left again. Come on, couphing up 480000 shares for commercialization help and 360000 to directors and officers who do nothing but screw shareholders is hardly the way to run a company and ...more  
Comment by Kwikwi on Nov 14, 2013 4:38pm
oilsswell The minute I hear share consolidation with any stock I own , I sell, lick my wound and move on. There is no exception.
Comment by stockgains on Nov 20, 2013 10:53am
it's doing something alright,, going down.  Same old sad story. An announcement with no details, sudden surge in share price and then back down.  Unless they can indicated how they plan on executing on the "significant potential" of the IP, the news release is meaningless.  I do believe Abe is the guy to make a difference for Mitec but would be nice to see some ...more  
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