Wednesday, October 7, 2009
MPTO - Off To A Good Start
For any of you that missed our MPTO alert from yesterday here is the link so you can catch up on things:
http://pennystockgurus.blogspot.com/2009/10/mpto-diamond-in-rough-pennystockgurus.html
Today MPTO posted a 28% gain with its 3rd highest share volume day on record. Although 3.8 million would still be considered light for a $.0018 stock. The total money volume pales in comparison to some of our other recent alerts including LLEG, which posted over $1,000,000 in volume today. It appears that interest has yet to come MPTO's way, which is a good thing. It pays to be early to the party.
MPTO's drop has met little resistance but maybe now the selling that took the stock down from its $.20 highs to $.001 has stopped. If today was any indication MPTO broke its down trend and is ready for a rebound.
MPTO continues to be a stock to watch going forward.
http://pennystockgurus.blogspot.com/2009/10/mpto-diamond-in-rough-pennystockgurus.html
Today MPTO posted a 28% gain with its 3rd highest share volume day on record. Although 3.8 million would still be considered light for a $.0018 stock. The total money volume pales in comparison to some of our other recent alerts including LLEG, which posted over $1,000,000 in volume today. It appears that interest has yet to come MPTO's way, which is a good thing. It pays to be early to the party.
MPTO's drop has met little resistance but maybe now the selling that took the stock down from its $.20 highs to $.001 has stopped. If today was any indication MPTO broke its down trend and is ready for a rebound.
MPTO continues to be a stock to watch going forward.
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3 comments:
.0021 is the bid this morning
I know why this got "sold down" - a friend of mine has been holding and really got frustrated and needed funds fast, he just sold it to whatever on Tuesday. When he told me about it I couldn't believe he tanked this so low. Anyway, I saw an opportunity to buy more, what an idiot.
Thanks for your blog.
went down to .0014
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