Hotdig, the only way you could see it as a great mystery as to why some don't like MUL, is if you have only been in the stockmarket game a short while. Anyone who has followed for a long time, has seen dozens of these blue-sky stocks promise so much and deliver so little.
Personally, I am all for the small seedling company making it big time, but these are far and few between, and frankly based on what MUL has announced so far, I remain very sceptical. A stock can only sustain a marketcap for so long before the blue sky makes way for investor demands of actual profits. MUL will have to show some very strong growth figure-wise to maintain their current 100mill marketcap. This, to me, is the critical factor in the longegitivity of MULs shareprice.
In the meantime, trade to your hearts content. MUL has probably been one of the best trading stocks out there in the past few months. Being very liquid and often trading 10% of total stock, makes this a traders heaven stock.
Hope my comments has helped alleviate some of the mystery you are experiencing.
Cheers
MUL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
