Don't hate me, but I actually agree, its getting a bit ahead of itself, great potential still a unproven bottom line.
However I think today could be another big/massive day, Dow was up too.
I will be selling into it today market willing. Im not one to fall in love with any stock and want the money to trade else where, I have been holding from the 8c range so its been a healthy trade, I will keep my 6.5c holding, due to the limited script available I think its running a bit ahead of itself from a fundamental basis and in such cases its easy for some to get carried away by hype.
It may continue to go up due to buyer/seller ratios
Be warned though.
On Thursday 25 November 2010 there will be 70,211,559 New Shares issued at a price of just 6.5c and there will be some profit taking! as you can imagine.
I will be looking to re-enter at some stage, best of luck early holders, just keep a level head , and possibly free carry so your risk is zero.
All stocks revolve around a Mean Price, in the included chart you can see MVH has Deviated 50% above a 8 Day moving average of its prior price (RED LINE).
MVH Price at posting:
15.5¢ Sentiment: None Disclosure: Held
