The pump of Mistral Ventures Inc (PINK:MILV) began in October. It managed to take the price to ridiculous highs, but the second act came all too quickly and suddenly. Yesterday, MILV hit a new low.
MILV closed down another 5.56% at $0.017. The volumes since the crash of mid-November have also been lower. Yesterday, about 4.7 million MILV shares changed hands.[BANNER]
The company hasn’t stopped issuing its endless wave of press releases about the numerous formulas it has acquired, and which would supposedly be huge breakthroughs on the market.
The latest pump mails from the promoters coincide with the huge drop. Awesome Penny Stocks and co. tried to save the wreck that MILV turned out to be claiming it would bounce and it was a “blessing in disguise“. Hopefully, not too many people bought that.
If by some chance one day MILV actually produces figures that support any amount of market success, there can be some recovery. But counting on that may be a very bad idea.
