MUT 0.00% 0.3¢ multi channel solutions limited

News: Multi Channel secures Wal-Mart order - Des , page-10

  1. 5,893 Posts.
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    re: News: Multi Channel secures Wal-Mart orde... shabi

    If you want someone to blame for the sell off, look no further than the so called Sophisticated Investors.

    Collectively they recently took up close to 18M shares @ .009 and .01, and they are now taking profits.

    In the process they invariably kill off new buyer interest, which they certainly have done today.

    I traded MUT yesterday and picked up a small parcel at .013, but I suspect it could go lower still.

    Also I suspect that there will be more capital required in the near future for further US expansion/promotion and once again the Sophs will load up at a 20% discount.

    Nice if you can get it, but I hope the sp is a bit higher than now when it happens.
 
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