The last few weeks have seen the price up significantly,& probably not just because we have a new chairman. He may well do some good here,but it is too early to give him credit as yet. With the markets up all over the place & plenty of action in the RFID business world wide,it should be now or never for companies like Mikoh.
I see the start of a repeat of the triple wave from July 06. If you check the charts,you will see the price was flat around 8-10 cents. It then started the long run to 80+ before falling over ,as did most of the stocks at that time. Back then,mik probably did not have as much on as they do now,so my view is that the same pattern will happen again. There are certainly more shares around,but they also have enough cash to "make it" this time
MIK Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held
