Come on guys. let's stop fighting. $6 is NOT the worst case scenario. When i entered the stock, i was half-hearted mentally prepared for the stock to be delisted suddenly and kiss my $ goodbye. Now, at least someone's offering an exit.
Last trade yesterday ( 10/11) was 500 shares at the close with a price of $8.44. It opened this AM with a trade of 900 shares at $6.04. To the best of my knowledge MNCS is not available for after hours or pre-market trades. Any idea how this could drop $2.40 with no trades being made?
dont mean nothin'. on nyse reports stocks gap in the mornin' with no trades goin' trough, infact all nyse issues are usually halted on ah release and then reopen with a gap either way.
The bid and ask values are 5.6/5.7 This will go probably lower tommrow..maybe another 10-30 percent but im affraid something terrible has happened. If you want a shot a reclaming your money back, consider joining a class action suit.
Manchester, Inc. Comments on Market Activity in Company's Stock Thursday October 12, 11:06 am ET DALLAS, Oct. 12 /PRNewswire-FirstCall/ -- Manchester, Inc. (MNCS.OB) today announced it is not aware of any materially adverse news notwithstanding price adjustment in the Company's stock.
yeah, read that on mktwatch. listen, if there ain't no news and no trades goin' trough 'till the open, mms must have had a hand on this, innit.
Yeah, but here's the thing, it gapped down on no volume, where did they unload their position and get the $8.50? Selling into the hype since 2004?