And that is the problem with mantle,the only people that have been buying mnm shares over the last 6 months are existing holders,buying piddling amounts trying to prop the price up.No new money has come into this stock for a long time,and most long termers are that overweight in mnm stock,everytime there is a small rally,it only takes one or two of the overweight stale holders to dump,and any slight rally is cruelled before it even begins.The only way the rot is going to stop is if management put out some Huge news that attracts new money,and after all the debacles with mt mull,botched cap raises etc,many investors will be gun shy to touch mnm.Management have excelled at destroying sentiment toward this stock,and with it shareholder value.
MNM Price at posting:
4.4¢ Sentiment: None Disclosure: Held
