Elliott dimarco sold his holding in mad at $1. Dimarco says it...

Elliott dimarco sold his holding in mad at $1. Dimarco says it was one of his star stocks and he got out at $1. he says it's still on his radar with a $1.60 valuation but management have made many promises but they're not delivering. Mad has a huge resource where the metrics say it's a $2 stock.
He says that This is a company where big things were expected. Dimarco hopes they can get the metrics going in next 12 months but also thinks it can go down from here. He says to watch it very closely. He says that the Company directors do tend to err on the side of grandeur. He's not suggesting that they're spruker's but he advises that you read between the lines if you can.

More interesting is the technical analyst view who says technically speaking mad is really interesting. This stock needed a bit of a correction due to the big volumes that pushed it up. The analyst likes the fact that it has reattempted its low again. The reattempt is the 3rd time at these prices. there's a bit of volume coming in at its lows but it now needs a bit of catalyst at this level. if it doesn't happen now (ie. short term) it will tip over.