Markatech - MKD (VSE) Message Board

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Gold/Mining/Energy : Markatech - MKD (VSE)

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To: Luisa G. who wrote (268)	7/28/1998 10:11:00 PM
From: BlueIce	of 416

I don't think the current spot price means much compared to the trading range. It's just normal trading activity. As long as MKD's volume is low, one trade won't set the precedent. The price went to $0.11 yesterday, but with one trade the stock could be back to $0.13 or $0.14. The current trading range seems to be stable in the $0.13 - $0.15 with the odd trade slightly lower or higher. There's no more buying support at $0.16 than there is selling pressure at $0.11. Unless we start trading consistently at $0.11, I don't think one can say the stock has "plunged" to this level. With the developments that have happened so far, I had hoped to see the price have some staying power in the next trading range of $0.15 - $0.18, but that hasn't happened yet. The big thing now is to find out what they're up to these days and how long it'll take them to get things up and running. I fully expected some delays, but I won't tolerate too many of them.

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