Imo on the charts it looks like it has potential to spike. That gap could be interpreted as a breakaway and todays volume suggests to me that momentum and day traders all over it looking/pushing/pumping for a spike similar to a couple years ago. this stock was highly illiquid until today. If it spikes it will be sold down quickly imo. lets see how it plays out from here but the announcement didnt produce a significant discovery.
MEP Price at posting:
9.4¢ Sentiment: None Disclosure: Held