Midas had a 50 million married deal yesterday where the volume was revealed in the daily chart. The strange thing was the married deal price was 0.16 when the market was only 0.148. Normally one would do married deals below market price than above it so as to profit from the rising price thereafter. Looking at how after the married deal was done and studying how the price did not even attempt to trend higher, today the stock suffered another sell down. I am not sure what happened to this counter but it looks like a stock only for trading, not for investment.
Ronald K - Market Psychologist - A Stock Market Opportunist
