No big deal. Hundreds of thousands shares dumped each day for months, why?
Most of the market is up and maybe sign of confidence returning. Perhaps someone speculating MDC should be valued much higher than companies such as MXC. However MDC and MXC have identical market capitals( values) right now. So they must be equal quality companies? Also the expected phase2 depression trial of Nrgbiotic will probably result in a trading halt and that could be any time as its already 2 months late. But in terms of 1 millionshares to buy at 15 cents raises many questions as much as 'someone just bought a million shares'. As there were not many shares for sale 30-40c then the sp halves to 15c and millions are sold and up for sale at the new 50% discount. Could be an excellent time to buy at bottom but i feel they will keep it down here and maybe lower for a bit longer. So ill wait for that opportunity to enter again.
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