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Rolling the dice on MMG. Company has no debt, rated 5 stars on Motley Fool's CAPS, and is close to it's lows.
chipmultiplier
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30% up on day 1... not bad at all.
chipmultiplier
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Ask at the close on Friday was .40. Looking at it now before the open it is $1.42. There does not seem to be a lot of people willing to sell this stock. Shareholders should place GTC sell orders at a high price to lock up their shares and prevent short selling. (I'm not sure if that really works, any input is welcome)
chipmultiplier
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Back to a very attractive price: $.27.
chipmultiplier
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This thing is bouncing around like some fine imported booty! Most of the down ticks look like small transactions. The up ticks are larger buys. Hopefully it can build some momentum. Insider buys last month were in the .70s and .80s.
chipmultiplier
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Volume picking up; building a nice base in the low .30's.
chipmultiplier
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Very strange after-hours trade today: $.42, but only 200 shares.
chipmultiplier
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Well after a day like today I can only be thankful that this one broke even.
chipmultiplier
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Back to it's lows.
chipmultiplier
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Good volume today. And another strange after-hours purchase at $.42. Increasing commodity prices are good for mining stocks.
chipmultiplier
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Even more volume today! Just waiting for a breakout.
chipmultiplier
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3 consecutive days with volume higher than the 3mo average.
chipmultiplier
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Metal prices are trending upwards, and volume in MMG is building. If this thing pops it will be a very merry Christmas.
chipmultiplier
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Still bouncing around $.25, but zinc prices have crept up!
chipmultiplier
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bumpty bump... nice 2-day run back up to .28. Big increase in Zinc prices.
chipmultiplier
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ALERT! .07 Jump!! See for yourself!
chipmultiplier
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Whoa, wild swing on heavy volume; Nearly 3 times the 3mo average traded today! We haven't seen this volume in over 4 months; MACD showing serious bull hornage, and the Williams %R is pointing north! Great long term prospect since competitors are closing zinc mines due to low price and high inventory, may be getting the attention of institutional buyers. The trades were in relatively large chunks today so I didn't think they were all individual investors. GLTA
(BTW, does anybody know any web sites where we can track institutional buys?)
chipmultiplier
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BANG! And I'm out. I may get back in at a later date. It's a good long term stock. I hope I helped ya'll make some money on this one too.
My next pick is GLOB; separate thread going for that one.
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