re: chart is telling me this is way oversold I was a seller...

re: chart is telling me this is way oversold I was a seller today after holding since 45c.

Why?

1. The major shareholder Thorney holdings has been selling down. And probably sold a lot more into the recent profit report imo.

2. Their latest profit only came in line with previous forecasts, which I had previously thought were pretty conservative for their growth profile.

3. The whole DVD growth picture now less clear with impending new disc technology, video download, etc, etc.

4. MPH hit my stop loss which I had set quite a few weeks ago.

acturtle