Manchester, Inc. Preparing Application for Listing on the American Stock Exchange DALLAS, Oct. 19 /PRNewswire-FirstCall/ -- Manchester, Inc. (OTC Bulletin Board: MNCS) is pleased to announce that its corporate and securities counsel in New York is in the process of preparing an application for the company's stock to be listed and traded on the American Stock Exchange. The Company expects the application to be submitted shortly. SOURCE Manchester, Inc. Contact: Investor Contact: Scott Eckstein, +1-212-827-3766, for Manchester, Inc.
Yes it is great news.It's good to see the rebound in the shareprice today.It's might be the shorts picking up some paper to hit the bid with first thing in the AM,seems the volumes are getting lighter which means pickings are getting slimmer(imho) and that should lend itself to a rise in price.In any case a listing on the American will be most welcome.
Regarding the evident manipulation of MNCS prior to the climax top and ensuing bomb blast: The reason the vast majority of us got into this stock was the amazing fact that here was a stock that didn't go down. It didn't go up much every day, but owning a stock that goes up like clock work is the holy grail. Once that predictable uptrend stopped (with the 23 cent gain Oct. 5 or so), I think it was pretty clear that times were a changin'. Now the stock has become much like any other BB stock: unpredictable, hence risky. In hindsight buying a boatload when it was down at $3 and change would have been smart, as it ran up 60% from there. But no one could have predicted that, and I for one am looking for greener pastures as far as stock picks are concerned. MNCS had an incredible run (it remains the most unusual chart I have ever laid eyes on), but now the elephant is loose.