MNCS is trading normally. Very tight intraday ranges arent unusual when you consider similar stocks with tight intraday trading ranges such as CHTR, SIRI, TIVO, ect The price seems to go up in a few cents the AH or premarket and then remain the same for the whole day with small 1-3 cent intraday fluctuations. Most orders executed tend to be large and move the price +-only 1 or 2 cents. Trades in cycles. MNCS sometimes may only advacne 1-2 cents a day for a week and then advance 3-5 cents a day the next week for example. There is very little smart money in MNCS I suppose whihc is why it doesnt move too much on positive news events. Few people know of this stock or are following it so when a story comes out the stock trades normally . If it wern't for a random stock screen I made 4 months ago I would have never heard about this stock. Yea the website is CRAAAAP hopefully they are working on a better one
ticked down at open [.-14%]; first time i see that happenin'...of course nice close up .3% but shall we be concerned? i know it's prolly nuthin' but with this massive never-endin' parabole every little odd event could be a big deal.
According to scottrade it shows the lowest price today to be 6.9025 whihc is .025 above the previous days close. MNCS had a negative 2 cent intraday tick a month ago I think. And several 1 cent ones. I like how the volume and slope is slightly contracting. We dont want a blowoff top for example resulting fomr too much price gain and volume in too short of time period. Blowoff tops often lead to massive selloffs. IF MNCS should trade up 10-30 cents in a single day instead of the usual 1-5 cents that could be a problem. The mechanics behind MNCS rise are complex and involve the ballance between trend traders and random trades.
yeah, there's a fadin' pattern goin' on at regular intervals...open/lunch break/near/close. stock is obviously manipulated...still, i'd like to know more about those guys runnin' the company, thier past, successes, other biz, etc. can't be possible mncs has been singled out by insiders for no reason, innit.
Here is a recent article written about MNCS.ob, is stock manipulation taking place? http://gog2g.com/2006/09/09/manchester-inc--perfect-stock-or-perfect-crock.aspx
WTF going on today? Up 7 cents on only 40k volume Blasted past $7...keeps going higher MNCS is Manchester Inc.
Up 11 cents wow something up here this is knuts what a squeeze there must be a ton of buys at $7 triggered today Volume 300K+ MNCS is Manchester Inc.