This comment seems somewhat premature given we're only 5 days into February. Every stock in my watch list is down - between 5 and 10%. The only stock not in the red is my oil stock and MEI is only down 2%, so I'd say this announcement kept people from selling, which is the best we could have hoped for in the current market. It definitely has to do with the drop on the Dow. Hopefully once the dust settles people will start investing again.
MEI Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
