To those who are looking for light at the end of the tunnel or something to hang their hat on while mmkrs play their games, take a look at the interactive chart for MUCP on bigcharts.com
Enter in 3-6 months as the time frame, price channels or bollinger bands and most importantly, Money Flow.
What you'll see, is that despite the lower price, it has not been matched by a major decline in money flow.
In other words, mmkrs are looking for shares to buy and are dropping the price as a means of shaking any weak hands out. But the fact that stock was accumulated and not sold in chunks that impacted money flow would indicate that there is a VERY TIGHT float.
There are only two reasons they are looking for shares. They are either trying to cover a short position of consequence, or they are trying to accumulate inventory that they can sell far higher once the company finally reports news.
So I'm hanging in there (which is made easier by our low cost basis), but it isn't fun.
However, I still have faith that there is a genuine turn-around in place at MSU and that has been made possible by some deep-pocketed angel investors who are determined to get this company on its feet, commercially viable, and staged to become a major player in the set-top box market.
And the way I look at it... they have FAR MORE at risk than I, so who am I to complain??
Again, shareholders of this company are suffering for the short-term.
It ain't fun. It ain't pretty. But, IMO, the fundamental shift to the positive for this company is real.
Regards,
Ron |
