Tricha, I agree the fundamentals for mcr are sound; however i think the day traders are clearly running the show- accumulating at low sp, running sp up 2-3c, selling for the capital gain, then selling it down and repeating the whole process again a week or later later -over and over e.g. i believe it was deliberately sold down to 68c at the close last wk for more accumulation. If it was an insto accumulating there'd have been a change of substantial holder notice by now.
I unfortunately don't think that mincor getting even $1.60 for its tyc options will get rid of these people; I'm not sure what will.
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
