Kaloyan Gadzhev

A Typical Pump for MacroSolve, Inc. (PINK:MCVE)

by Kaloyan Gadzhev April 27, 2012

Watch the video to learn about the probability of MACROSOLVE INC (MCVE) Chart Signal as of Oct 31, 2014

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1MCVE_chart.pngYesterday traders had a chance to lose some money on MacroSolve, Inc. (PINK:MCVE, MCVE message board). A paid pump had the stock open with a gap, and there was no chance to make any profit if one had entered yesterday.

In the end MCVE closed down 20.38% at $0.0875. Approximately 1.2 million shares changed hands, most of those at about $0.12.

A third party paid $20 thousand for the pump of MCVE, which may continue today, although when promotions last more than a session, the effect tends to go away the very first day.

In addition to the pump, MCVE issued a press release. The company announced the launch of a T.G.I. Friday's app in collaboration with The Richards Group.

It seems shareholders will have to wait for a financial report to see whether this collaboration will do anything for the business performance of MCVE. The annual report showed MCVE is still losing a lot of money.

04MCVE_logo.pngThe market reaction shows that at this point investors are not convinced MCVE is worth more. Those who bought in the promotion may have to wait a long time before they can break even, if such an opportunity ever comes.

Watch the video to learn about the probability of MACROSOLVE INC (MCVE) Chart Signal as of Oct 31, 2014

Hotstocked Precision will calculate the probabilities of MACROSOLVE INC (MCVE)

Rating:
Size: 656KB
Version: 1.1
Platform: Win/Mac
Downloads: 800,000+
FREE DOWNLOAD

Comments 1

1. Guest
May 29, 2012, 01:38PM

Quotes Perfect analysis of the stock

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