Problem with MNC SP ability to hold it's ground is that the spike was completely lacking in fundamantal basis, surprise element in terms of corporate announcement concerning resoruce, JV or offtake (of course these things are way too early).
The spike was a result (as per the explanation provided by MNC to the speeding ticket enquiry) of a broker's report. For heavens sakes.
I wouldn't touch this stock with a 10 foot pole until it has a 2 after the decimal point.
danger signals, page-20
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.648M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3453585 | 9 |
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