Originally posted by Tatnic
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And that was after it was just a teeny-tiny $24.32 million mkt cap company when I mentioned it to you only a month ago in THIS POST
In the past 2 years, I have successfully invested in about 50 small to micro cap companies (among other investments). Very few times are the technicals a major factor in my decision to buy. WHT was an exception, but MVCO is not. MVCO is a fundamental play, and I have the opinion that the fundamentals can and should support a higher mkt cap. I've tried to trade MVCO thru technical indicators, and it just isn't working as well as if I had just bought and held. I think MVCO's story is about revenue growth, Tat, not the price of the shares. Check out the share structure, and you'll see why the price can be supported.
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