I noticed the market action as well. My take on it was that someone was accumulating and was ready to lap up any shares within their price range. I thought the accumulators did a great job today and took advantage of the sellers.
With the extension approval now imminent, the sellers will be kicking themselves.
I see some resistance coming at 150's then 170's and then a big run over the following months into the 300's. 12 months time I think we will see a totally different market cap once we find out how many billion the deffered payment from Mitsubishi will be.
MMX Price at posting:
$1.27 Sentiment: Buy Disclosure: Held
