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No shares sold at all here...MSEP is going to require patience but confident that many of early longs like myself are still committed even after significant downtrend. I actually thought early this morning, that this would have to hit a deeper bottom at .02 before a bounce but today's PR solidifies company's opportunities and exposure have great chance of growing exponentially as we move forward. Mark Wolkos promised me that Arie 'would get another ride' and sure enough it's going to happen.
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when is racing season over...im gonna hold me real long.. and if i did sell out then and made some money id reinvest it before the season started again.
-------------------- Dead Kennedys-"Give me convenience or give me death"
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When fear prevails it's often the best time to buy--. Yet, buyers remain quite cautious at these levels. IMO recent lack of volume not MM activity are dictating how MSEP goes...I agree with those that this consolidation has been healthy overall. I think the next major momentum move-up will be a defining moment because I think many who are saying now 'should have sold at .08 etc.' will try to sell at first indication of dramatic rise, which will bring an overall volume explosion and dramatic rise in PPS and most-importantly a new group of buyers into the fold. IME daytraders are waiting for this movement and will be ready to jump-in along the way up if they aren't in already. It will be intriguing to see where support forms and if it can both rise and hold again at .05 or .06 levels Any thoughts from other MSEP watchers on what release of 10K might do to technicals? In any case, in no later than two weeks or less we shall see...
1) Income from scalecars.com 2) Cleaner books 3) Share structure 4) How the drivers getting paid? 5) Cost of the projects. Driversdigs.com 6) Management salaries 7) Future plans 8) More info on insider buying.
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Finally on here again--some hijacking program was shutting me down. The relative low-volume trend is a mixed bag in some ways but it's good to see a new base solidifying around .04 Looking forward to upcoming release of 10-K and the related guidance.
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