Out with the old in with the New

Nice rebound today. From my observations this week what we saw were old holders (latin gold) getting out. Remember that latin gold was less than 1 cents or 5 cents after conversion for over 2 years, so it's natural to take profits.
When this/these holders sold out at the start of Monday this caused a huge amount of stop losses to get hit, as there were very little buy orders around (which is often the case with MIG) this caused even more stop losses to get hit, MIG was a one stage down over 40%. Totally overdone in my opinion!

If you have done your research on Migme you will see that some of it's peers have valuations of over 160 Billion, with backing from the 3rd largest computer company in the world by revenue(Foxconn) and CEO Steve Goh, Migme will be on everyone radar in 2015

Now it looks like this/these old holders have exited and a new crew have got on board, welcome all new holders I believe you have made a wise decision!