re: News: Multi Channel secures Wal-Mart orde...
The issue with MUT is that it is a small and unknown business to most. As the news starts to filter into the market and sales start to flow through Wal-martI believe this stock will move quite nicely. It will be interesting to see how the rest of the week plays out with people profit taking. As long as Desert Sands is successful in the U.S, and picked up by other retailers MUT will continue to grow in value. Just doing the sums quickly I wouldn't be surprised (without any other retailer coming on board) if we see 6 cents within 12 months. Hoping this is under estimated, however marketing will be the next step.
MUT Price at posting:
1.6¢ Sentiment: None Disclosure: Held
