johno8, "I have no idea about MHM as I don't fully research this stock but what I did observe was the market running to $1.50 on some brokers say so . The retrace from there IMO has been predictable "
Delays of the sort that occurred with MHM would have it from 1.50 to 40c if it was any other average company. We are only talking about delays however. Just imagine what will happen when the cause of the delay is overcome as it is about to. We will begin the journey from $1.50. TTC values this company at > $10 not including NMP (a by product). I have been through his figures and agree with his valuation. NMP issue has just been resolved. If you have not done your research and are interested in MHM I suggest you quickly start with a few brokers reports.
Re Good oil getting it right, I have no doubt that you can short growth stocks because they can be volatile and can also fail. I have no doubt that he has some success behind him. That is no reason to copy cat GO on his next trade. So far I have seen only failures by GO, including his calls on MHM which bounced around and would have stopped him. Nonetheless I see no contribution to the total knowledge on MHM by him. Only intentional clouding the issues for newbies. ie8
MHM Price at posting:
$1.01 Sentiment: ST Buy Disclosure: Held
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