I feel there are people in the know who are selling. I am in similar boat as you but have been buying and selling, so brought down my average by couple of cents without increasing the hold (from 15 to 13). I feel that it is reaching its sell, maybe another 10%, but you never know. It needs a ticker, but not sure where it will come from. I too wouldn't mind it to get to say 10-11 and then wait and watch. One incident will then definetly get it over the line and if the news is good then who knows.
We had 6.6m at end of quarter, but need more to continue on same pace till December. Else slow down and delay by few months. Market Cap is under $45m so its already priced for a number of failures - nearly.
Its now in risk zone, so please dyor and best of luck. Gut feel is something good will come up, but not sure about timing. Next week is crucial and hoping to see the sell taper off and coming back slowly - hoping.
MGU Price at posting:
8.9¢ Sentiment: None Disclosure: Held
