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6 pts

Opinion on  Millennium Cell Inc (MCEL)     Sector: Technology  >  Industry: Electronic Instr. & Controls
Will MCEL avoid BK? Who knows but nice Technicals

May 03, 2008 04:58 AM GMT
Fisheye
Return Risk
-20.81% MID
Associate

Recent News   Technical Analysis   Favorable/Unfavorable Valuation   Product Review  

MCEL has until June 12th to find financing, do a reverse split or both to avoid NASDAQ delisting.  The stock has taken a beaten due to dilution from recent bond conversions aswell.  Anticipation of a proven technology may push this stock to higher levels before the hearing. Technicals are showing positive signs for the next 2 weeks.


MCEL:  This call was made on 05/03/08 @ $0.045
Rating:   Positive   $0.045 (05/03/08)
Closed:   05/09/2008 @ $0.0348 (-22.67% in 6 days)
Target:   $0.13 (+188.89%) in < two weeks


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nad1   N/A     1 point   commented 196 days ago reply

Here it is almost June 2009 and its still not BK whats going on ?


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1 21.10 +34.44% 381
2 18.14 +71.24% 211
3 17.66 +25.60% 55
4 13.47 +14.32% 62
5 12.13 +74.22% 40


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Positive +0.00% Will MCEL avoid BK? Who knows but nice Technicals
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