Why it was offered in the IPO at $1 is a mystery but whoever was lucky enough to get shares (my app was rejected) has made out like a bandit already.
Because people like to sell when stocks hit round numbers like 1.50 MLD is getting a little resistance there but it is rising slowly and surely on good volume. Should break that resistance soon. Just look at the lack of sellers!
Will it be a stellar performer like FGE? MCE? MIN?
Short term target- $1.90 ish 12 month target- $2.50 ish
MLD Price at posting:
$1.48 Sentiment: Buy Disclosure: Held
